15 rows · 02/08/ · The United States is one of the largest forex markets in the world, but due to very 9 rows · So eToro, InstaForex and AvaTrade are among the world’s largest FX brokers. List of Largest Top forex brokers in the world also lists the location of these brokers and traders looking for the ranking of the best forex brokers can find the collection of these brokers in one place - the top forex brokers comparison table. The brokers location whose location is unknown are also listed
Top 10 Forex Brokers In The World [ Largest + Best]
Jan 26 We have traded forex for a long time. Some of us even worked for some forex companies. And for the last several months, we have been researching and contacting various forex brokers to find you the results below. We also consulted some other lists on the Internet but we do believe that they are fake. We know these brokers. Without further ado, biggest forex brokers in the world is our list of the 5 largest forex brokers in the world with their highest trading volume in a month:.
Which standards to rank the biggest forex brokers? Of course to rank the largest forex brokers, we should look at their trading volume first. Some brokers publish their trading volume online so that we can find out how many people choose to trade with them.
I really appreciate their transparency. But, of course, I can only trust them when they are audited by the top reliable audit companies. And all the 5 brokers I mentioned above are audited by trusted and large companies.
I encourage you to trade at these brokers, because they are very transparent. Some big brokers have very high total trading volume such as: Forex. com and Saxo Bank but actually, their forex volume is just a part of it. It is because they provide many products like Crypto, Forex, Future, Commodities, and Stock… Therefore, the total volume which are shown to us is high but the actual fx volume is lower.
As you can see, the forex trading volume is just about half of their total trading volume. In this article, we are focus on the forex trading only. Exness is a real deal in this market. No trader has never heard of this broker. The popularity alone shows you how big this broker is.
Exness always has the highest trading volume in the market. That means the clients of this company are all big traders, biggest forex brokers in the world.
They trade thousands of dollars everyday. Exness must be some broker who is really trustworthy and amazing so that big players choose to do business with them. Learn more about Exness here. XM is one of the biggest forex brokers in Asia. Have you ever been to one of their conventions? I have been to several in Malaysia, Philippines, Indonesia, and Vietnam. And I must tell you, those places are packed. XM is considered the destination for professional Asian forex traders.
They are reliable, professional, and big. They offer really low prices as well as amazing customer services. Learn more about XM here. HotForex is also a well-known name in the forex market. They are a prestigious forex broker who is trusted by a large community of traders from all over the world. They have a diverse set of trading accounts that meet all the requirements of every forex trader's level. Moreover, they are well regulated and guranteed by big financial companies.
Learn more about HotForex here. However, choosing a forex broker based only on their trading volume? I believe you can find other brokers that have higher trading volume but we would not recommend them. Because they can meet the standards we set for the best forex brokers in the world. Our standards are:. For a broker, safety of security is always a must, biggest forex brokers in the world.
And the only way to ensure biggest forex brokers in the world is through forex regulations. Forex regulations are like licenses that big and reliable financial organizations grant to brokers after making sure that they can keep traders safe. A reliable broker must always has at least one regulation from the country where they do business.
Here are the regulations of our 5 largest fx brokers:. Moreover, to know whether a broker is reliable for not, you should check how famous it is. If there are many people know of that broker, it is safer to trade with them. There are a lot of forums online where to can ask traders from all over the world how they feel about certain brokers. As you can see in our article about the lowest spread brokersspread is a factor that many traders pay attention to when considering a forex broker.
Our 5 largest brokerages also come with the very low spread rates:. The best large forex brokers are the ones who welcome all types of trader. I know there biggest forex brokers in the world some big forex brokers who only allow professional traders or experts, not normal traders like us. They require traders to deposit thousands of dollars just to open an account. Normal traders don't like to deposit that much, not to mention beginners. Therefore, a good big forex broker should have low minimum deposit requirement.
Check out the minimum deposit to open an account at our biggest forex brokers:. The trading conditions of these 5 forex brokers are also very good. For instance:. A good forex broker must always offer traders with as many choices as possible. There are chances everywhere in the forex market, so traders should have at least the opportunity to have access to those trading instruments, biggest forex brokers in the world. Trading platform is always an important part of trading forex.
Whether it is self designed or a purchased software, a trading platform of a big broker must be able to provide traders with the most useful, common, and advanced trading tools, as well as features and charts. Here, I rank the best trading platforms of my largest forex brokers:. The largest forex brokers we are talking about here are the largest in the world.
Some brokers only big in there countries. In other to be the largest in the world, a broker must first have local payment system to minimize the transaction fee for traders who want to deposit or withdraw money. Secondly, that broker must be able to form support team who can help customers in their own native languages. Check out the followings for the globally largest forex brokers.
The story of customer service never gets old. Every level of forex traders need help from forex brokers. Therefore, biggest forex brokers in the world, this is a very important standard that all brokers have to meet.
To help their customers, brokers can open offices in countries that they target at. And finally, brokers should not be able biggest forex brokers in the world assist clients only in English. Since forex market is a global market, brokers must be able to help us, the traders, in as many languages as possible.
Being big brokers mean that they are rich. And when they are rich, they are able to bring you the best service you can get. Only the big brokers can work with local banks so that you can deposit or withdraw quickly and economically. Moreover, large forex brokers can organize better support service that can fix your problems fast and professionally.
Biggest forex brokers in the world finally, bigger brokers can give you the best prices that small brokers can not keep up with. Small brokers can only give you bonuses as a temporary measure.
Big brokers can assure the price stay low all the time. You have to know that the biggest forex brokers in Asia are nothing like the biggest in the UK. What is the difference? The answer is regulation. You cannot apply the same regulation of Asian brokers to European brokers. They operate in different territories, so they can be applied everywhere. In the UK, the forex regulation is that of Financial Conduct Authority, or FCA. Here are the biggest forex brokers that have FCA regulation:.
BRKV — You can see, most brokers in the above list are American and European brokers. So, if you are living in those regions, they may be good for you. But what if you live in Asia, biggest forex brokers in the world, Africa, or Australia? They may not be good for you. They are all reliable forex brokers. But we need to check more things like:. We can confidently tell you that, if you are living in Asia and Africa, Exness is the best choice for you.
5 Best Forex Brokers 2021
, time: 7:159 Best Forex Brokers for - blogger.com
Top forex brokers in the world also lists the location of these brokers and traders looking for the ranking of the best forex brokers can find the collection of these brokers in one place - the top forex brokers comparison table. The brokers location whose location is unknown are also listed 31/03/ · Indeed, Hot Forex is a favourite in Southeast Asia and Africa, both regions that were previously untapped by major global FX brokers. These clients have grown HF’s client base rapidly to the 4th biggest FX broker in the world by AVDT. (Forex in USA: Myth or Reality?)5/5(1) 29/09/ · The largest Forex brokers in the world are: IC Markets – 29 Billion* blogger.com – 15 Billion; XM Group – Billion; Saxo Group – 12 Billion; Hot Forex – 12 Estimated Reading Time: 6 mins
No comments:
Post a Comment