Top 10 Forex Brokers in the World
Narrowing down the number of forex brokers to just the top 10 forex brokers in the world is complicated. However, we have made a list of the top 10 forex brokers and as with the previous lists; it took vast amounts of forex education.
Many of the experts who provide most of the forex education on our site made the top 10 forex brokers in the world list. They included in this process, many important things you should know.
Read on to find out how we know that this list contains only the best of the best.
|Visit Broker||Rank||Broker Reviews||Location||Minimum Deposit Amount||Deposit Bonus||Payment System||Rating||Create an Account|
|8||Level 16,Tower One 727 Collins Street, Melbourne, VIC 3008 (Australia)||$200||No Bonus||9.94||Real Account Demo Account|
|10||16 St Clare Street, London, EC3N 1LQ,United Kingdom||$200||No Bonus||9.9||Real Account Demo Account|
|9||1 Fore Street, EC2Y 9DT, London, United Kingdom||$100||$30.00||9.91||Real Account Demo Account|
|5||Geneva, Switzerland FINMA (Switzerland)||$1000||$100||9.93||Real Account Demo Account|
|6||HF Markets (SV) Ltd. Suite 305, Griffith Corporate Centre, Beachmont, Kingstown||$100||100%||9.96||Real Account Demo Account|
|7||No.5 Cork Street, Belize City, Belize, C.A.||$5.00 for Standard and Micro accounts and $50.00 for Ultra Low accounts||15%||9.97||Real Account Demo Account|
|4||Level 10, 90 Arthur St, North Sydney, NSW 2060 (Australia)||$10||No Bonus||9.98||Real Account Demo Account|
|2||13-14 Basinghall str.,EC2V 5BQ(UK)||$100||No Bonus||9.98||Real Account Demo Account|
|3||Level 5, Exchange House, 10 Bridge St, Sydney NSW 2000 (Australia)||$100||No Bonus||9.99||Real Account Demo Account|
|1||Level 6 309, Kent Street Sydney, NSW 2000 (Australia)||$200||No Bonus||10.00||Real Account Demo Account|
|Rank||Broker Reviews||Location||Minimum Deposit Amount||Deposit Bonus||Rating|
1. Forex Ratings
This is something we do mathematically. Calculating points is not an easy feat. We base it on so many things. Among them one is forex education. To understand what it’s like to come up with a rating system, you first need to know what’s important.
When picking the top 10 forex brokers in the world, there is a criterion. The criterion helps us categorize features, services, and versatility.
Here is a list of some of the most important things we consider:
- Regulation Authorities
- How Old Is the Company?
- Offices and Branches
- Commissions and Spreads
- Analytical Services, Reviews, and Forecasts
- Customer Reviews
- News About the Company
- ECN and PAMM Accounts Availability
- Forex Competitions
- Education for Free
- Number of payment systems available
- Automated withdrawals
- Website performance
After doing the ratings, it becomes very easy to pick the names on our top 10 forex brokers in the world. As you can see, it is exhaustive. We examine all the angles we know you care about as the customer.
2. Customer Reviews
This is a big part of something that we call ‘social proof’ in the world of digital marketing. The word of someone who has used service is worth more than an advert. We read through reviews left by customers to compile an acceptable top 10 forex brokers in the world list.
Reviews make up some points we use in the rating system. However, on their own, they represent accuracy. You want to know that the people telling you an FX broker is good to have the first-hand experience.
Reviews help with:
- Providing a cautionary step before you take any action
- Giving you social proof
- Assuring you of credibility
- Confirming the reliability of a company
We read as many of them as possible to form a clear picture of a company.
The reputation of a company can help you know about it even before you meet anyone from there. Some of these companies are on the top 10 forex brokers in the world list because of reputation.
Several trusted financial authorities, experts in the forex market and customers, speak well about them.
Most of these top 10 forex brokers get their name out there by doing things that include offering free forex education on their websites. We look out for where they get mentioned, why and the impression we get from that.
Read on to find out which ones will be the best for you.