Forex Brokers – Full List of Forex Brokers 2018Our unique full list of forex brokers contains over 200 brokers starting 2006. The brokers which no longer operate on the fx market are marked with the “Closed” status. Two more marks are also available: “Best nfa regulated forex brokers Forex Broker” and a “Newcomer”.
For the most recent information please visit the broker’s site. 3 900 was deducted from MY account because my brother and I use one wifi. They keep saying the IP address is the same, of course it’ll be the same! FXTMThis is the best broker I’ve been with so far. On March 20, 2018 I filed for a bank account with CIM Banque. CIM Banque then asked for various documents, such as bank references etc, rejected my signature on various occasions, held various phone calls etc.
They have accounts for demo and actual. I use flex account spreads is some of the tightest. USD tumbles to lows near 1. 1760The pair prints fresh daily lows in the 1. The greenback picks up pace and pushed DXY to 93. Site map Contacts About User agreement Disclaimer Forex-Awards. The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. A lot of traders think that a big broker is better than a smaller one because a larger company has many advantages such as economies of scale, a better liquidity position and is the subject of higher scrutiny from the public and the regulators. While this basic assumption has some merit and to some degree “bigger is better”, it is not a total correlation between size and quality of forex brokers.
If you want to find out which are the biggest forex companies in the world, you should continue reading this article. However, if you want to know which are the best forex brokers in the world when it comes to trading conditions and customer satisfaction, you should check our special forex brokers ranking. How to measure the biggest forex companies When it comes to measuring the size of a company, there are several criteria that are generally used. The most common criteria used in ranking companies by size are market capitalization, revenue and profits. Also, when it comes to financial companies such as banks or insurance companies, another way to measure size is by comparing the total assets under management. This would leave most forex brokers out of the ranking.
It is also important to note that market capitalization represents the value investors give to a specific company. A small but profitable company can have a higher market value than a large company unable to generate profits. Revenue – While ranking forex brokers by revenue will render more accurate results, this criteria is still far from being relevant in this particular case. A broker’s revenues will come from the commissions it charges and the spreads the traders have to pay. A broker with higher commissions and spreads will generate more revenue than a similar sized broker with lower spreads. There is also the problem of integrated products offered by the companies. Profits – Ranking forex brokers by profits is totally irrelevant, as this criteria includes the same problems we identified when discussing about revenues, and many more.
Just think about a large company with a bloated business that has huge operating costs. It can be a really big company but generate no profit. In the case of forex brokers, the closest thing to AUM are the client funds. While they are not managed by the brokers, they represent the total value of the client accounts. This measure is much more relevant than the previous ones, but it still lacks the differentiation between the forex business and the other services offered by the company. Considering the above mentioned criteria are irrelevant when judging the size of forex brokers, we must come up with a measure that is more relevant to this specific business. In this case, we think that the most relevant criteria to rank forex brokers is by the average volume of daily transactions.