What We Look For
Some key areas we look at when choosing the 10 best Forex brokers.
It is important you choose the Forex broker that fits your specific needs as a trader and at the same time having peace of mind that the broker you are with is trust worthy and reliable.
Are you just a beginner at Forex? Or are you an experienced trader? At 10 Best Forex Brokers we feel confident you will find the best broker for YOU.
Some of the most trustworthy and reputable regulator bodies include:
ASIC – Australian Securities and Investments Commission
BaFIN – The Bundesanstalt für Finanzdienstleistungsaufsicht (Germany)
CFTC – Commodities and Futures Trading Commission (United States)
CySec – Cyprus Securities and Exchange Commission
FCA – Financial Conduct Authority (United Kingdom)
FFMS – Federal Financial Markets Service
FINMA – Swiss Financial Market Supervisory Authority
FMA – Financial Market Authority (Austria)
FSA – Financial Services Agency
FSB – Financial Services Board (South Africa)
BVI – Financial Services Commission
FSC – Financial Services Commission (Mauritius)
IFSC – International Financial Services Commission
FSP – New Zealand Financial Service Provider (NZ)
ISA – Israel Securities Authority (Israel)
MFSA – Malta Financial Services Authority (Malta)
VFSC – Vanuatu Financial Services Commission (Vanuatu)
UAE – Abu Dhabi Central Bank (UAE)
The service and experience the customer or client gets from a forex broker is important. If questions or concerns are not dealt with promptly and in a professional manner, then there’s an issue
The trading conditions of your brokers a super important. Many shady forex brokers will interfere with their own clients trades. You must have trading conditions where you broker is not working against you but for you.
Usually popular forex brokers are popular for a good reason. They usually tick all the boxes and this is why it is one of our ranking factors.
The trust of any company where money is involved is extremely important. Although trust can be a tough parameter to gauge, it includes the above factors as well some of its own parameters.