Forex Broker Ratings

Trading Forex

The Foreign Exchange is the largest financial market in the world. Tight trading spreads between buyers and sellers combined with the ability to leverage positions up to 500:1 makes Forex trading very promising for all short-term traders.

No matter your trading style when you trade Forex Currencies you need to apply a trading strategy and a precise money management system. Furthermore, the selection of the right Forex broker is extremely important. Even tight changes in the level of spreads or commissions can make the difference for day-traders.

» Compare Forex Brokers

Safety of Money

Trading with regulated Forex Brokers is essential for all traders. Regulators have the ability to monitor and to control Forex brokers. Furthermore, there are several other issues that can ensure the safety of your funds when you trade online.

Regulation by Trusted Government Bodies
Years of Operation in the Market
Country of Establishment
Client Bank Account Segregation
Responsive Customer Service

Our Rating Formula v4 takes things a little bit further by rating the safety of money within a mathematical model.

» Forex Rating Formula v.4.1

"The Best Fx Professionals around the Net.. at FxPros.net"

LQDFX FOREX BONUS PROGRAM

LQDFX offer now a 100% welcome bonus (up to 20,000 USD) to all traders depositing more than $250. You can withdraw the full bonus amount after meeting certain volume requirements, and the promotion works on all account types (excluding PAMM).

► CLAIM HERE YOUR 100% BONUS

THE LQDFX BONUS PROGRAM

LQDFX offer a transparent and achievable bonus program. You have to deposit more than 250 USD to your account and receive a 100% bonus, of up to $20,000.

Available on all account types
Get the bonus on up to 3 different trading accounts
The promotion is available for all existing and new LQDFX clients
Withdrawable bonus (After the total volume requirement has been reached)

Forex Brokers Guide

Forex Brokers Guide

What Makes the Ideal Forex Broker?

When you are trading Forex choosing the right Forex broker is a very important task that can really make the difference between winning and losing. As the Foreign Exchange market has grown enormously during the past decade hundreds of new Forex brokerage companies have appeared. Some of these Forex brokers are honest and good for trading, others not. In this article, you may find all the essential aspects of trading that may assist you to evaluate any Forex brokerage company before opening a new account. Different trading styles create different brokerage needs, and therefore, before opening a new account it is wise to define your own trading style according to your special capabilities, your available time for trading, and most importantly your risk-appetite.

(1) SAFETY OF MONEY

FOREX STYLES: ALL TRADING STYLES
IMPORTANCE: 10/10

1.1 Regulation

The safety of money when trading online is the top issue for any wise trader. An honest Forex broker should apply rules and policies to ensure the integrity of its operations. It’s highly recommended to choose only among Forex brokers who are regulated by trusted regulatory bodies. Regulators monitor and control all their listed Forex brokers and are able to impose penalties in case these brokers are misbehaving. Furthermore, traders who are scammed can make an official complaint to the regulator, and if they are proved right, they can take their money back.

Introducing the Forex Rating Formula 4.1

Mission: "Maximum Safety of Funds, Minimum Transaction Cost, and Reliable Trading Technology”

A Few Words About Online Ratings

In our modern online world, the process of evaluating online providers via reading reviews is very common. Internet users read the ratings made by other users (user ratings/reviews). Unfortunately based on statistics more than half (50%) of these user ratings are fake. This is happening as online corporations have a huge commercial incentive to hire outsiders in order to produce favorable reviews for them and unfavorable reviews for all of their competitors. Evidence comes from the fact that most of these user reviews/ratings receive extreme values (i.e. 10/10 or 0/10). The Rating Formula comes as an alternative solution for this problem. The Rating Formula provides a stable, objective, and the common environment in order to rate all major Financial Companies with precision.

The Rating Formula is based on a 4-factor mathematical model including the 4 major aspects of Trading. The Rating Formula was introduced by TradingCenter.org and it is a concept of George M. Protonotarios. This is version v4.1 of the Rating Formula which is developed to rate exclusively Forex Brokers.

The Four (4) Factors of the Rating Formula 4.1

There are four (4) factors incorporated in the rating formula. Each of these four factors includes several sub-factors as it is explained and analyzed later. The grand total of all factors combined equals 100% rating.

Here are the four factors and their weight:

(A) Safety of Funds (Weight 26%)

(B) Cost of Trading (Weight 28%)

(D) Technological Efficiency (Weight 20%)