Forex brokers

Introduction

It is the era of Forex trading and if you are someone that knows a little bit about Forex trading you must know that without a Forex broker, you won't be able to do much in the market. For being successful in the Forex market you need Forex brokers. The question is how do you select the best Forex brokers? Do not worry; the simple answer is by looking at the Forex broker rating. The ones with the highest ratings are considered to be the best. Other than the ratings, reviews play an important role as well. So, in this article, we will have a look at just that.

Forex Brokers Ratings

In the current market, there are a few Forex brokers that are doing the best for their clients. These clients speak very highly of their Brokers. At the top spot, there is RoboForex with a 9.6 rating. At the very next spot there comes InstaForex with a 9.5 rating. These two brokers come at the top spots and provide a very smooth experience to their clients and make them successful. Then comes the next broker Forex4you with a 9.4 rating. At the 4th spot comes the FxPro with the ratings of 9.3 and after them comes EvoTrade with 9.2 ratings. These top 5 Forex brokers are considered the best in the business.

Methodology for Calculating the Ratings

According to the traders union, they examine and rate each broker based on over 100 objective criteria, yielding an average score for each Forex broker that characterizes all elements of its operations. They also consider its trading volume, which they have access to because of their Union's hundreds of thousands of traders. They also consider trader review of brokers, which they compile on their website. As a result, the computer produces the overall average for each company and its position in the ranking based on its unique algorithmic matrix, which is applied to all companies.

Reviews for the InstaForex

Even though there are a lot of brokers out there that may help you in trading successfully. However, InstaForex is one of the best brokers in the current times and we can get an idea of that by looking at the review given to them by the one and only Antony Robertson. According to him, The InstaForex team is knowledgeable and trustworthy. This service comes highly recommended by him. They provide excellent trading conditions for both novice and professional traders. Clients can use a variety of accounts and over 300 Forex trading products, with a minimum order size of 0.01 lots.

More about InstaForex

Since 2007, InstaForex has been a global corporation providing services in the Forex exchange market. More than 7 million traders use this broker's services throughout the world now. InstaForex provides access to 300 trading instruments, including PAMM Investment and the ForexCopy system, which allows clients to mimic the trades of successful traders. The British Virgin Islands Financial Services Commission (FSC) regulates the company's activities in compliance with the Securities and Investment Business Act. InstaForex is known for its ethical and professional trading methods. The company was voted Best Asian Broker and Best Eastern European Broker in 2016, Best Forex Platform for Trading Cryptocurrency in 2018, and Best Forex Platform for Trading Cryptocurrency in 2019.

Conclusion
To conclude everything, we can have a clear idea of how important it is for a trader to have a broker in this current market. What's more important is to choose the best brokers for you. In the article, we have mentioned a few brokers that can help you achieve your desired goal in terms of trading.