- Trusted Forex Brokers 2017 - Comparison by
- ATC Brokers | Forex Broker
- Best Forex Brokers for Large Accounts
- Forex Rating - Best Forex Brokers & Forex Companies, Top
In order to register a company, strict requirement about the uniqueness of the name in the country/territory of registration should be met. It's not always easy to find a short name for the new company these days. Hence, companies choose long names.
Trusted Forex Brokers 2017 - Comparison by
8 Jan 7567, Kingstown, St. Vincent and the Grenadine - AMarkets Becomes Latest FX Broker to Offer Traders Access to Tradency's RoboX
ATC Brokers | Forex Broker
While the SNB event had major consequences for retail forex brokers, there were other long term trends that also contributed to the big changes in volumes at major brokers.
Best Forex Brokers for Large Accounts
Coupled with the low minimum deposit requirements of the brokers, the high number of deposit and withdrawal options is one of the main reasons why the three brokers are the only majors who increased their market share in the last two years.
Forex Rating - Best Forex Brokers & Forex Companies, Top
Spreads are also an important factor for many traders when choosing their broker. High profile brokers like FXCM, Saxo Bank or tend to have higher spreads since they target traders with less experience and knowledge about the offering of other brokers. On the other hand, brokers like Hot Forex, XM, Direct FX or Oanda are known for their lower spreads and are very popular on forex forums and websites. Traders who do their due diligence well are more likely to choose a broker with lower spreads.
Direct FX is the third largest forex broker in Australia. The broker has seen its popularity rise a lot in the last year amid growing volumes from Chinese traders who want to benefit from the security and expertise of a well regulated Australian broker. Direct FX is a popular choice for experienced traders because it offers a very advanced trading platform with many levels of market depth coupled with excellent execution and very low spreads. This is why it has a very high average volume per client compared to other brokers. Along with IC Markets and Pepperstone, it is one of the Big Three Australian brokers.
Forex, or FX, trading is a more advanced type of investment that is best suited for experienced traders. If you’re well versed in day trading or options trading, forex may be a challenge worth accepting. Forex trading can be another way of diversifying your portfolio, but it carries more risk than other types of investments.
We also suggest you give their customer support a test call. You will want to assess the helpfulness and market expertise of the customer service department when assisting you in getting started trading or in case a problem arises. Brokers that fail to answer questions or that put you on hold when you try to call in are best avoided.
Oanda is the most popular US broker among the US online trading community, as it is known for its lower spreads compared to its US peers. The broker had benefited from the ever decreasing competition in the domestic market and managed to grow its volumes on a steady base. However, as the US market has consolidated there are no visible growth opportunities for Oanda in the near future. Just like Gain Capital, Oanda has been unable to expand successfully in other countries as the US regulation has led to brokers being noncompetitive in the global market, as there are much better options for non-US traders.
IC Markets (International Capital Markets Pty Ltd) is the largest forex broker in Australia and one of the largest retail forex brokers in the world. The broker experienced the second fastest growth rate after XM in terms of trading volumes thanks to its leading ECN network which connects traders with the best liquidity pool available to retail forex clients. As the broker with the lowest spreads and best trading conditions in the world, IC Markets is very popular among high volume traders and manages to generate huge daily volumes despite the lower total number of clients. This is the preferred broker among day trading enthusiasts.