• FxPros.net

Comparing Forex Broker Ratings

The FxPros Ratings are based on the Rating Formula, an innovation by the partner TradingCenter.org.  All brokers are rated using the 4th version of the formula, which exclusively focuses on Foreign Exchange.

Compare Forex Ratings

Table: Compare Forex Broker Ratings at FxPros.net

BROKER RATING CORPORATE INFO TRADING TERMS MORE INFORMATION

ICMARKETS

ICMARKETS

EXECUTION MODEL: ECN

  • TIGHT SPREADS & FAST EXECUTION
  • PAMM ACCOUNTS
  • FREE VPS FOR AUTO-TRADING
  • MT4, MT5, cTrader

 

» The ICMarkets Website

1. Safety of Funds

  • 57.89%

2. Cost of Trading

  • 85.71%

3. Trading Options

  • 76.92%

4. Technology

  • 70.00%

□ Company Foundation: 2007

□ Licensed: ASIC (335692) Australia

□ Segregated Bank Accounts: Yes

 

□ US Clients: No

□ Islamic Accounts: Yes

□ Spread EURUSD: 0.1 Pip

□ Commissions: $7 / full traded lot

 

  • Free VPS
  • PAMM Accounts

 

□ Minimum Account: $200

  • Good for scalping and day trading
  • MT4, MT5, cTrader platforms
  • free VPS
  • PAMM Accounts

 

» The ICMarkets Website

» ICMarkets Rating Analysis

ROBOFOREX

RoboForex Review

EXECUTION MODEL: STP/ECN

  • TIGHT SPREADS & FAST EXECUTION
  • FREE VPS FOR AUTO-TRADING
  • PAMM ACCOUNTS
  • MT4, MT5, cTrader, and R StocksTrader

 

» The RoboForex Website

1. Safety of Funds

  • 38.75%

2. Cost of Trading

  • 86.67%

3. Trading Options

  • 80.77%

4. Technology

  • 68.75%
□ Company Foundation: 2009

□ Licensed:

  • IFSC, license IFSC/60/271/TS

Segregated Bank Accounts:

  • Yes

 

□ US Clients: No

□ Islamic Accounts: Yes

□ Spread EURUSD: 0.9 Pip

□ Commissions: No
 
  • Free VPS
  • $30 Welcome Bonus
  • Social Trading

 

□ Minimum Account: $10

  • Good for day-trading
  • Tight spreads and low slippage
  • MT4, MT5, cTrader, and R StocksTrader platforms
  • Welcome Bonus and free VPS
 
 

LQDFX

LQDFX is an ECN STP Forex broker offering a wide Forex asset index, MT4, and automated trading

EXECUTION MODEL: STP/ECN

  • PAMM ACCOUNTS
  • WELCOME BONUS
  • MT4

 

» LQDFX Accounts

1. Safety of Funds

  • 36.42%

2. Cost of Trading

  • 85.71%

3. Trading Options

  • 100.00%

4. Technology

  • 70.00%
□ Company Foundation: 2015

□ Licensed:

  • (N/A)

Segregated Bank Accounts:

  • Yes

 

□ US Clients: No

□ Islamic Accounts: Yes

□ Spread EURUSD: 1.1 Pip

□ Commissions: NO
 
  • Welcome Bonus
  • PAMM Accounts

 

□ Minimum Account: $50

  • Welcome Bonus
  • PAMM Accounts
 
 

FXOPEN

FxOpen is a multi-featured Forex broker offering automated trading and PAMM accounts.

EXECUTION MODEL: STP/ECN

  • PAMM ACCOUNTS
  • PROMOTIONS
  • MT4, MT5

 

» FxOpen Accounts

1. Safety of Funds

  • 77.18%

2. Cost of Trading

  • 58.93%

3. Trading Options

  • 89.42%

4. Technology

  • 75.82%
□ Company Foundation: 2005

□ Licensed:

  • FCA UK
  • FSP (NZ)

Segregated Bank Accounts:

  • Yes

 

□ US Clients: No

□ Islamic Accounts: Yes

□ Spread EURUSD: 0.2 Pip

□ Commissions: $5 / full traded lot
 
  • No Deposit Forex Bonus
  • ForexCup
  • PAMM Accounts

 

□ Minimum Account: $10

  • Regulated
  • ECN PAMM Accounts
  • Good Promotions
 
 

 

The Series of Rating Formulas

The complete series of Rating Formulas provides a revolutionary and reliable solution to rate Financial Services. A wide variety of versions are available by TradingCenter.org » More about rating formulas here

 

The 4-Factor Model behind the Rating Formula v.4.0

The Formula is based on 4 Important Trading Aspects

 

(1) Safety of Trading Funds: Weight 26.00%

1.1 Regulation | 1.2 Corporate Base | 1.3 Years in the market | 1.4 Segregated Client Account | 1.5 Other (Online) Ratings

(2) Trading Cost: Weight 28.00%

2.1 Spread on EUR/USD | 2.2 Spread on GBP/USD | 2.3 Spread on USD/JPY | 2.4 Commissions Charged | 2.5 Funding Fees | 2.6 Maintenance Fees

(3) Trading Options: Weight 26.00%

3.1 Forex Asset Index | 3.2 CFD Trading | 3.3 Demo Account | 3.4 Trading Leverage | 3.5 Trading Rebate/Bonus | 3.6 Minimum Deposit Requirements | 3.7 Deposit Methods | 3.8 Withdrawal Methods

(4) Trading Technology: Weight 20.00%

4.1 Trading Platforms | 4.2 Slippage on Order Execution | 4.3 Automated Trading | 4.4 MT4 / MT5 Platforms | 4.5 Mobile Apps | 4.6 Scalping/Hedging | 4.7 Customer Service

 

Why Develop the Rating Formula?

Today, all reviews on the internet are made by users (User Ratings). Based on research, more than half (50%) of these user ratings are fake. Financial firms have a huge incentive to hire outsiders to rate them favorably and their competitors unfavorably. The series of Rating Formulas is designed to solve that problem by providing a 100% objective framework for rating Financial Services (Brokers). The Rating Formula v4.0 is developed to rate Forex Brokers using innovative features.

 

» Read more about the Forex Rating Formula v.4.0

 

■ Compare Forex Ratings

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