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My personal ranking of Forex brokers

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Which broker will suit you best for trading on Forex? Find out the answer by reading the following ranking of Forex brokers. 

 

 

InstaForex

  • Best broker for beginning traders;
  • Lots of bonuses and campaigns;
  • Unparalleled advantages compared with other companies – 30% welcome bonus on the initial deposit (the money may be used for drawdowns);
  • Maximum bonus of 250% for new clients;
  • Branded bank cards for profit withdrawal;
  • Fixed spreads that ensure there are almost no slippages in periods of high volatility;
  • PAMM and Copy systems offering vast opportunities for investment and copying deals of successful traders;
  • VPS hosting service for trading on Forex on a free or paid basis;
  • Up to 13% banking interest accrual for free margin;
  • Wide range of contests for traders that don’t require investing your own money;
  • Bonuses for forum activity in the best forum for traders.

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RoboForex

  • NDD-STP forex technologies;
  • ECN accounts with 1:300 leverage;
  • Good execution of orders to open/close a position;
  • Forex deposit bonus from 50% to 115% (the money cannot be used for drawdowns);
  • Instant automatic money withdrawal from the account;
  • Free VPS hosting service;
  • Branded cards for profit withdrawal.

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Forex Club

  • The oldest Russian broker, established in 1997;  
  • Variety of trading platforms including Libertex, MT4-Instant, MT4-Market, Rumus, MT4-Libertex Manager, and StartFX;
  • Both fixed and dynamic spread accounts available. Dynamic spreads are extended during increased market volatility, but the order execution speed is low. Fixed spreads are not extended, but there can be lags during order execution.
  • Campaigns and bonuses;
  • Good order execution if you trade on an MT4-Market account;
  • 9-12% interest accrual for deposits;
  • When you deposit the account, commissions of payment system are compensated by bonus money;
  • Instant money withdrawal, no commissions on Qiwi and Yandex.Money electronic payment systems.

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Forex4you

  • ECN accounts with leverage starting from 0.01 market lot;
  • Dynamic spreads;
  • Good order execution;
  • Credit bonus program (Bonus money cannot be used for trading. If you lose your money due to a drawdown, the bonus will be written off automatically);
  • PAMM and Copy systems;
  • Instant money withdrawals and deposits via electronic payment systems.


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NewForex

  • MT4 First Stream and MT4 New Grade accounts;
  • Fixed spreads;
  • Good order execution;
  • Contests and campaigns with real money prizes;
  • 2.5% annualinterest;
  • The company compensates commissions charged by a payment system for account replenishment;
  • Commission-free deposits and withdrawals.

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My dear fellow traders, I’d like to add that I’ve been trading with InstaForex since 2012 and haven’t regretted this choice ever since. The advantages of InstaForex as compared with its competitors are as clear as day.

By the way, I’ve recently posted a text about the plot of broker review websites. You can read the article here.