Forex dealing centers (DC)
The page provides a list of Forex dealing centers (DCs) that provide services for organizing trading on the foreign exchange market. Companies are located based on the attractiveness of trading conditions and quality of service. Higher up the page are the most reliable DCs that have earned the trust of traders.
Forex dealing centers are brokerage companies that carry out dealing and provide the opportunity to use leverage. The main parameters that you should focus on when choosing a DC are trading conditions (minimum deposit, spread size, swap, order execution option), additional conditions - option of the trader’s trading terminal, restrictions on the use of certain trading strategies or automatic trading systems (terminals, advisors ). The quality of customer support, its loyalty and speed of resolution of emerging issues.
Rating of dealing centers
An independent rating of dealing centers will help you not only choose your broker for trading on the Forex market, but also learn in advance about the existing advantages and disadvantages of this company.
Places were distributed based on a vote of more than 1000 traders conducted on the website. At the moment, new dealing centers appear every day that offer their dealing services; unfortunately, the advertised conditions do not always correspond to the truth, so it is advisable to work with partners who already have a reliable reputation.
Broker RoboForex
RoboForex has gained immense popularity due to the introduction of a no deposit bonus of $30 when registering a new account.
This step has simply attracted a huge number of novice traders who want to try their hand at trading on cent accounts with other people’s money.
The dealing center is characterized by stable operation, there are no delays in withdrawal of funds, and customer support more than promptly answers all questions that arise.
If you wish, you can open it as a cent account , intended for training or testing strategies.
So is a professional ECN account, with the best order execution time and attractive trading conditions.
Brokerage company AMarkets
Amarkets is one of the most dynamically developing dealing centers (DCs) in the Forex market.
The history of the company began in 2007; a team of professional traders participated in its creation, whose task was to make the work of their clients in the Forex market as comfortable and profitable as possible.
The AMarkets dealing center is not a so-called kitchen; it operates via a No Dealing Desk (direct access to the foreign exchange market) using STP for data transfer.
Client deposits are insured in the amount of 20,000 euros in case of bankruptcy with THE FINANCIAL COMMISSION.
Liquidity providers are a number of large banks, such as Credit Suisse, Deutsche Bank, BNP Paribas and other large banks.
Brokerage company FIBO Group
When you start trading on the stock exchange, you are impressed by the number of brokerage companies offering trading services on the foreign exchange and stock markets.
But after working as a trader for several years, you understand how difficult it is to choose a truly worthwhile broker that would meet the requirements and at the same time be quite reliable.
FIBO Group is one of those few Forex brokers you can trust with your money, and most importantly, get it back later.
Literally from the first day of communication with the company’s managers, a favorable impression is formed; there is no unnecessary bureaucracy, and the trading conditions are quite attractive.
Broker Forex Club
Forex Club is one of the oldest Russian brokerage companies that provides the opportunity to trade in financial markets.
The world first learned about this company in 1997, when the Forex market was just gaining its popularity among citizens of Russia and the CIS countries.
The company developed very dynamically and received various licenses and awards from international organizations from year to year.
Forex Club has one of the largest networks of branches among Russian forex brokers, and the number of offices is more than 100 around the world.
Dealing centers such as ForexClub are an excellent choice for a trader of any size.
EXNESS Limited
The EXNESS Limited dealing center began providing services in the Forex market in 2008; it was in that year that all the necessary licenses were obtained and the right to use the MetaTrader 4 trader terminal was purchased. Over 14 years of
fruitful work, the dealing center’s Forex turnover increased to 140 billion per month, and the number of clients exceeded one hundred thousand.
This broker is a member of the Russian Brokers Association SRO NP TsRFIN with the highest category “A”.
It is impossible not to note a fairly decent number of awards, which only confirm the quality of work of this company -
World Finance is the best mini broker, Global Banking & Finance Review - Best Standard Forex Broker Asia 2012, International Business Times - the best broker in Russia in 2011.
Detailed description of the working conditions of the Alpari broker
Alpari is the largest Forex broker; the company ranks third in terms of volumes of transactions among all global dealing centers represented on the foreign exchange market.
Her work in this area began in 1998; not every Russian broker can boast of such solid experience.
In its work, the company combines a wide selection of trading instruments, a large number of trading platforms and the most favorable trading conditions.
At the same time, the company’s personnel treat both large investors and small traders who carry out their trading on cent accounts equally.
The main trading conditions that should be highlighted are:
DC Forex4you
Basically, this broker, for some reason, is perceived as a cent dealing center, but in fact it is a fairly reputable company that trades using the No Dealing Desk system.
Moreover, trying to make it as accessible as possible for any client, regardless of the amount of the initial deposit.
DC Forex4you began its work on Forex in 2007, during which time the company's turnover exceeded $20 billion per month, and the number of active clients already numbers about half a million people.
The company always strives to be the first to introduce various technical trading solutions and new technological solutions, examples of such implementations can be -
Slippage Control (protection against slippage), One Click Trading (trading in one click), BBO Bridge (advanced order execution system, high speed and lowest price).
InstaForex company description
InstaForex is one of the leading brokers in the foreign exchange market and has received many awards and honors. Such dealing centers are the largest participants in trading.
In 2012, the number of clients who entrusted accounts to this company amounted to more than half a million; this fact characterizes InstaForex as a reliable and trusted broker.
The main advantages of working with this DC are:
1. A huge number of trading instruments - the trader’s arsenal includes more than a hundred currency pairs, it is also possible to make transactions with shares, contracts and precious metals (gold, silver).
Trading is carried out in a standard trader terminal MetatTrader 4 or MetaTrader 5 to choose from, which significantly increases the comfort of work.
Broker NPBFX
It is no secret to all Russian citizens that a new law on the regulation of Forex markets came into force and many leading brokers had to curtail their activities and re-register in so-called offshore zones.
Yes, no matter how strange it may sound, the new law has driven the market even further into the shadows, since unfavorable trading conditions prescribed by the legislator make all Russian brokers uncompetitive.
So, starting from January 1, the largest Russian banking broker Nefteprombank stopped providing services to private clients, namely individuals, and began working only with legal entities (companies, funds).
According to Nefteprombank, NPBFX is its main partner, or more precisely, part of the team from Nefteprombank are the founders of this company and use the bank’s advanced technologies, maintaining the quality of service at such a high level.
Grand Capital broker review
Brokerage company Grand Capital is one of the veterans in providing brokerage services in both the Forex market and binary options trading. A young and rapidly growing company began its activities in 2006 with the first open office in St. Petersburg.
Today the broker has a representative office in thirty cities around the world, which confirms its active development. The broker actively developed the services it provided to clients and was one of the first to create accounts for beginners, the balance of which was in cents and displayed similar trading conditions to a classic trading account.
This kind of innovation excited the entire segment of traders, which led to the active development of automatic trading. If you ask any young trader which broker he started with, he will immediately remember the micro accounts of the Grand Capital company.