BEST FOREX BROKER 2021

 

“Ranking Matters, it tells which broker is good enough and which is not,

so here we will be ranking the brokers according to the services the broker provide.”

exness

1. EXNESS

4.3/5

As per my experience the broker deserves to be on 1st Position.


Overall if we are saying about Exness broker they’re considered to be the fastest broker. The broker provides minimum spread values as well as there are no charges on deposit and withdrawal and the rate of deposit and withdrawal is also the fastest among all. Exness broker don’t charge a single penny on deposit and withdrawal along with that they provide a lot of channels by which user can deposit or withdraw funds. Even the most popular method for Indian for making payment is also there. Yes I am talking about UPI. Therefore Exness stands call at deposit and withdrawal methods. Best convenience and fastest.

What I Like About this Broker?

What I Don’t Like About This Broker?

2.OctaFx

3.8/5

As per my experience the broker deserves to be on 2nd Position.


If we say about OctaFx broker they are on the second place as per my experience. The broker has low spread values and there is no fees on deposit and withdrawal along with that the withdrawal is credited to your account within 24 hours. They don’t provide a lot of channel for deposit and withdrawal but they are the most convenient ones. UPI payment system is also there among them. OctaFx has established themselves in India since, 2011 and has grown day by day. Have been awarded the best broker for the years in a row.

What I Like About this Broker?

What I Don’t Like About This Broker?

3.xm

3.1/5

As per my experience the broker deserves to be on 3rd Position.


XM Broker is also known as XM Global Limited, a subsidiary of Trading Point Holding Ltd under which there are two names XM broker (xm.com) and Trading Point Broker (trading.com) focused on European Clients.  There are few countries where XM doesn’t provide their service such as US, Canada, Israel and Iran. XM has established themselves in the rank of topmost broker and their constant development is increased year by year. They have been in this market for more than 10 years now and have grown rapidly. XM chat support availability is 24*5 and the support staff answers the questions to satisfactory. The broker provides Bonus offers to help you with your trading along with that there is no commission in any of the account type. Broker offers negative balance protection and is well regulated, along with that the deposit and withdrawal have no charge at all.

What I Like About this Broker?

What I Don’t Like About This Broker?

4.IC Markets

As per my experience the broker deserves to be on 4th Position.


The broker is originated from Australia, and this country has strict laws for trading so there is no doubt in that the broker is surely reliable. The broker support both retail and institutional trading.  The broker does provide good services, if I say about my experience with this broker I did face a lot of issue in login and funding of the account on MT4 platform but the issue was easily resolved by the broker, the broker support system is up to the mark. The broker does suggest to keep USD 200 dollars for minimum deposit but it is not mandatory you can deposit less amount also but keep in mind that you would be only able to trade according to your investment.

What I Like About this Broker?

What I Don’t Like About This Broker?

5. Robo Forex

As per my experience the broker deserves to be on 5th Position.


From the moment of its foundation, Robo Forex has been focused on providing the best services using their technologies innovations. They have been non partial on the basis of the experience of trading their client has. They do provide bonuses from the start at the time of deposit without any partiality within clients. With no restriction on depositing funds they have provided various platforms as well on which their client can trade. Roboforex provide various channels by which a person can fund their account but one thing to remember is that there are charges on withdrawal but no charges on deposit.

What I Like About this Broker?

What I Don’t Like About This Broker?

6. Fx Pro

As per my experience the broker deserves to be on 6th Position.


Ever Since, the establishment of Fx Pro they have grown rapidly and are still growing. Currently they are serving over 170 countries throughout the world. They provide several assets to trade in such as forex, indices, metals etc. Along with that the most interesting feature which I found with this broker is that they provide their own wallet with which you can internally transfer funds to the various accounts of yours, what I did was to deposit minimum amount of USD 100 to one account and then using the wallet system internally transfer funds to other account which is few minutes process and is quite time saving. The overall cost of the broker is also low as compared to other brokers. Apart from that they ensure that their clients funds are secure and are kept segregated at different international banks means their client funds will not be used if the broker has any financial issue. Their customer support is available 24*5 days in which you can get in touch with them anytime you face trouble. The support agents does have knowledge up to the mark to solve your issues.

What I Like About this Broker?

What I Don’t Like About This Broker?

7. GMI EDGE

As per my experience the broker deserves to be on 7th Position.


GMI Edge is holding FCA license which somehow is considered to be their strength. Having this license give them reliability and insurance over client funds, means they can only use their own money for company related issues no client funds will be used for such tasks. Though they did not provide much information on their website as compared to other brokers which results in not being transparent with their clients, along with that there website design is quite outdated. The broker is not much popular in India. There support is available for 24*5 and the chat support connectivity is slow as compared to other brokers, the chat support is open in a new pop up box which seems to be quite outdated.

What I Like About this Broker?

What I Don’t Like About This Broker?

8. Weltrade

As per my experience the broker deserves to be on 8th Position.


From the day of the broker establishment their priority is in to be able to direct communicate with their customers and try to improve their services. Apart from that they provide their own wallet system which make the task easier to internally transfer funds to another account. Weltrade has account with no commission at all and the spread is low as compared to some brokers.

What I Like About this Broker?

What I Don’t Like About This Broker?

9. HotForex

As per my experience the broker deserves to be on 9th Position.


From the year of HotForex Establishment (2010), the broker has grown rapidly and currently they are serving many countries throughout the world. Trading services are provided to both industrial and real clients. Though their policy is providing the best possible trading conditions to their clients which also allows them to trade as scalpers and traders using expert advisors, HotForex has positioned itself as the forex broker of choice for traders worldwide.

What I Like About this Broker?

What I Don’t Like About This Broker?

10. Fbs

As per my experience the broker deserves to be on 10th Position.


FBS is one of the internaltional broker whose presence is in more than 190 countries for now, approximately with 16 000 000 traders and 410 000 partners have already chosen FBS as their trading partner. FBS does provide the best customer experiences but then it also has highest cost of all the brokers i have analyzed yet. FBS do organize special events and seminars, along with that they also provide their clients training material. Both newbie and professional traders will find these sessions useful.

What I Like About this Broker?

What I Don’t Like About This Broker?