Analysts at the Traders Union (TU) specialize in compiling ratings of brokerage companies based on various criteria. The list of the best international Forex brokers is the latest rating created by the TU experts. You can learn about the Best Broker in the World in 2022 on the Traders Union website, one of the largest information resources for traders.
What criteria were used by TU analysts for selecting the best brokers in the world?
The Traders Union rating includes ten brokerage companies that beat their competitors by a number of criteria, include:
- long period of operation;
- registration in a country with strict rules of financial market regulation;
- good trading conditions;
- high quality of customer service;
- prevalence of positive client reviews over negative ones.
The rating on the TU portal features universal brokers suitable both for beginners and experienced Forex traders.
Comparison of the Best Forex Brokers | Infographics on the Traders Union website
Experts prepared a comparison table to provide all visitors of the TU website with a possibility to quickly evaluate conditions and features of brokers. The table contains the following information on each of the Top 10 companies:
- available trading platforms;
- minimum deposit;
- availability of managed accounts;
- minimum spread;
- type of order execution;
- level of Margin-Call/Stop-Out;
- availability of a no deposit bonus;
- availability of cent accounts.
Other information available in the article on the best brokers in the world
In addition to the above trading conditions of the Top 10 companies in 2022, the article on the Traders Union portal also described an algorithm of selecting a broker to trade in the Forex market.
The analysts also compiled two mini ratings. The first one is a list of brokers with the optimal conditions for beginners, and the second one features five companies offering the best software for trading financial instruments online.
Best Forex Brokers as named by Traders Union
The Top 5 include RoboForex, IC Markets, EXNESS, PocketOption, and AMarkets. XM Group, Admiral Markets UK, MultiBank, Forex4you, and Libertex occupy positions 6th through 10th. Each brokerage company offers its own advantages, but can also compare unfavorably with competitors in terms of some features. For example, Libertex’s leverage is one of the lowest in the market, not exceeding 1:30. At the same time, the broker’s spreads start from 0.1 pips and the minimum deposit is $100.
5 reasons why TU ratings are popular
Traders trust Traders Union ratings because they are:
- created by experienced analysts;
- formed based on a unique methodology;
- regularly updated;
- objective and honest;
- show the real picture in the brokerage services market.
Using Traders Union ratings, every trader can easily find a broker to fit any goal and strategy.