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.
ALPARI - COMPANY WEBSITE
• Initial deposit - no restrictions
• Spread size - floating from 0 points
• Availability of cent accounts - yes
• Trading platform - MetaTrader 4, 5 Mobile options
• About 4000 investment accounts with different levels of profitability
• Advantages - reliability 23 years in financial markets, low spreads, cashback, cent accounts and accounts for professionals, the opportunity to attract an investor.
• Disadvantages - not found
RoboForex - COMPANY WEBSITE
• Initial deposit - from 10/10 dollars/euro.
• Welcome bonus - $30.
• Spread size - from 0 points.
• Availability of cent accounts - yes
• Trading platform - MetaTrader 4, MetaTrader 5, cTrader, R Trader, WebTrader, MobileTrader for iOS and Android
• Advantages - deposit bonus, fast withdrawal of funds, large withdrawal of trading platforms, scalping and advisors allowed, six account currencies, narrow spreads, commission-free withdrawals.
• Website in English
AMARKETS - COMPANY WEBSITE
• Initial deposit - $100
• Spread size - from 0.3 points.
• Availability of cent accounts - yes.
• Trading platform - MetaTrader 4, MetaTrader 5, cTrader, R Trader, WebTrader, MobileTrader for iOS and Android
• Advantages - bonuses, scalping allowed, low spread.
AMarkets' liquidity provider is FCA regulated company xOpenHub, and the broker's servers are located as close as possible to xOpenHub's servers.
This fact ensures the fastest execution of orders. • Disadvantages - not found during testing.
4 . NPBFX Company - COMPANY WEBSITE .
• Initial deposit - from 0 dollars, recommended from 50,
• Spread size - floating from 0.4 points,
• Leverage 1:1000,
• Availability of cent accounts - no
• Average withdrawal time only 8 minutes
• Trading - currency pairs, cryptocurrencies , metals, securities, commodity futures,
• Trading platform - MetaTrader 4, and its mobile and online versions, ZuluTrade
• Advantages - reliable banking broker, more than 20 years in the financial services market
• Disadvantages - no MT5 trading platform and cent accounts,
One of the most interesting brokers with a large selection of options for depositing and withdrawing funds, as well as currencies in which you can top up your account, quality Klin support.
5 . EXNESS Limited - COMPANY WEBSITE .
• Initial deposit - from 10 dollars
• Spread size - fixed from 0.1 points.
• Leverage 1:2000,
• Availability of cent accounts - yes
• All strategies are allowed
• Trading platform - MetaTrader4, MetaTrader Mobile, Multiterminal, MetaTrader 5
• Advantages - 120 currency pairs, free VPS hosting, narrow spreads, order execution from 0, 01 seconds, RAMM and PAMM accounts.
• Disadvantages - completely English-language site
7. ForexClub - COMPANY WEBSITE .
• Initial deposit - from 1 dollar
• Spread size - from 0 points,
• Leverage 1:500,
• Availability of cent accounts - yes
• Average withdrawal time is only 10 minutes
• Trading - stocks, metals, currencies, cryptocurrencies, agricultural commodities.
• Trading platforms - MetaTrader 4 and MetaTrader 5
• Advantages - reliable broker (23 years on the market), narrow spreads, no commission on input when using electronic payment systems, lightning-fast execution of orders without requotes.
• Disadvantages - not found.
8 . InstaForex - COMPANY WEBSITE .
• There is no initial deposit.
• Spread size - fixed from 3 points or commission per lot, depending on the account type.
• Availability of cent accounts - yes.
• Trading platform - MetaTrader 4.5, iPhoneTrader, AndroidTrader, Web terminal
• Advantages - the highest bonuses when replenishing an account, free VPS, forex copy service.
• Disadvantages - fairly wide spreads on some currency pairs.
What criteria were taken into account when compiling the rating of Dealing Centers
The rating of Forex dealing centers allows you to find out such parameters as the amount of the initial deposit, the minimum spread, the possibility of trading on cent accounts, the type of trading platform and, of course, the strengths and weaknesses of the dealing center.
The initial deposit amount is the amount of funds by which you need to top up your account to start trading.
Very often, dealing centers indicate this indicator as “0”. This approach is nothing more than an advertising ploy, since transactions with a deposit of less than a few tens of dollars can only be made on cent accounts. Minimum spread - it is more correct to focus on the average spread size, as very rarely the stated minimum spread indicator corresponds to the truth.
This is especially true for brokers who use a floating spread; during the session, the commission can increase several times. This review was compiled on the basis of surveys conducted on several Internet sites, personally conducted research and reviews from traders.
For the convenience of traders, only dealing centers that deserve attention are listed, otherwise the list would take several pages, which only complicates the selection.
At the moment, many new brokers are appearing, unfortunately, among them it is almost impossible to find a trustworthy company. Therefore, you should not take risks; it is better to choose a time-tested dealing center from the ratings and reduce the risk of trouble to a minimum. In addition to the standard conditions, no unimportant attention was paid to the reviews of traders who are or have been clients of these DCs and managed to evaluate their work.
I had to deal with most of the brokers personally, which also influenced the assessment.
Alpari took first place; the company has been successfully providing access to financial markets for more than 20 years.
In addition to attractive trading conditions, it is also worth noting the loyal attitude to various strategies and the advanced service of PAMM accounts, which allow you to invest or attract money to your trading. The second place is occupied by the RoboForex broker, despite the lack of massive advertising, this option is distinguished by its reliability and honest attitude towards its clients.
There are practically no problems with slippage and requotes; orders are executed almost instantly. The company is excellent for scalping; there are no restrictions on the duration of transactions and their number per trading session. In third place in popularity is Amarkets, which has proven itself well among traders in the CIS and around the world.
It should also be noted that there are favorable trading conditions and stable operation of the trader’s terminal. DC employees will always help a beginner learn the profession of a trader and will be happy to answer any questions that may arise. The rating of Forex DCs is not fixed, therefore, when new factors appear in the work of brokers, changes in their positions in the table are possible. To form your own, most accurate opinion, open accounts with several brokers at the same time and compare the feelings and experience gained.