On this page, we will present the forex brokers’ ranking list. Creating a top list of forex brokers is challenging because most brokers offer the same platforms, instruments, payment methods, and excellent client support. However, some brokers have a comprehensive list of restricted countries; some have problems with payment delays, and some make mistakes in communication with traders. Because of that, we created this list that presents personal opinions.To get more news about forex broker ranking, you can visit wikifx.com official website.

In the future, this rating list will change. Many of these brokers are the largest forex brokers with a strong reputation. We apologize to all brokers who do not have a high grade and deserve it.
Forex Brokers Ranking system
Essential criteria in this broker’s ranking system are deposit and withdrawal, client support, spread, bonus, automated trading offers, and platforms. We made several withdrawal tests (several of them we didn’t test). Each forex broker was tested for chat/email support. All these brokers are personally tested, and I have accounts at each forex broker company.

What is the best forex broker?
The best forex broker for beginners and advanced traders is HF Markets. This broker offers a 100% bonus for non-EU traders, excellent support, tight spreads, and various competitions.
HFM has over 100 trading instruments, including major, minor, and exotic currency pairings, commodities, indices, and stocks. HFM, in addition to several forms of trading instruments, provides the most popular trading platform: MetaTrader 4. When you start trading with HFM, you will receive a welcome bonus of $30. It is its largest liquid market with a daily trading volume of more than $5 trillion. Currency pairings are exchanged in forex trading because the value of one currency is constantly related to another.

So HFM (HotForex) is a Forex Broker owned by HF Markets that provides the MetaTrader 4, MT4 Mobile, and WebTrader online trading top platforms. HFM is regulated by CySEC in Europe and by the FSC in Mauritius. It is one of the most popular forex brokers in Asia and has been steadily growing its client base worldwide since its launch in 2010.

HFM has many account types available to traders, including ECN accounts, Zero Spread Accounts, and VIP Accounts with high leverage and deposit requirements. The broker also offers Islamic accounts and managed accounts. In addition, HFM provides a variety of trading instruments, including forex pairs, indices, commodities, metals, bonds, energies, and stocks.

The broker does not charge fees for deposits or withdrawals but charges fees for inactive accounts after six months of no activity. There are also charges for holding a position overnight in some account types. Furthermore, there is a fee for withdrawing more than three times within one month and withdrawal charges incurred from intermediary banks.

HFM offers its clients five account types: Micro Account, Premium Account, VIP Account, Auto Account, and Zero Spread Account. The minimum deposit for Micro Account is $5; for Premium Account – $500; for VIP Account – $20 000; for Auto – $25 000; for Zero Spread – $200. The minimum trade size is 0.01 lots, and the maximum leverage is 1:1000.

Forex and CFDs are leveraged products that can result in losses greater than your initial deposit. Therefore, it’s inevitable and sad to say that the well-known Forex and CFDs may not be as suitable as they may sound for all investors. Always remember to only invest with money that you are willing to lose. So please be sure that you have entirely comprehended the hazards involved, as there is no going back once you’re in. If required, seek independent guidance.