Investors and traders who plan to work through Forex brokers in Russia usually make a choice using the ratings of brokerage companies. This is a really effective and useful tool for evaluating Forex brokers based on various criteria. More than a hundred companies with different experience, service levels and tariff plans operate on the Russian brokerage market. Ratings are compiled based on these indicators, but the danger is that the compilers of ratings are not always objective.
All information that a potential client may need is published on the websites of brokerage companies. These open data are used by specialized sites to generate lists of Forex brokers in accordance with the company's value and level of services. Places in the ratings for the year 2020 are distributed depending on the number of clients, the volume of trading operations, the reputation of companies and other objective factors. It is particularly important to have a license from a respected regulator.
The principles of rating formation may differ significantly. Some compilers take into account only technical parameters, others only subjective ones, such as the popularity of the broker. But serious ratings are made taking into account a large number of parameters. Not the largest broker can get to the top of the rating due to its good reputation and high quality of services. But there are often cases when places in the ratings are simply sold. And an inexperienced trader, believing the rating, gets to an unscrupulous broker.
There are no official ratings of Forex brokers in Russia. Interfax rarely and irregularly arranges surveys and reports results that quickly become outdated. The most objective and reliable ratings in Russia are published by major portals and independent forums. This is a portal Brokers.ru, website Of the international Association of Forex Traders, forums such as Masterforex or MQL5. They make ratings based on hundreds of parameters and objective opinions of traders.
Portal Brokers.ru generates a rating from more than 80 brokers in accordance with their reliability, trading volumes, trading conditions and trader reviews. The MOFT website is more focused on the popularity of brokers, the profitability of the services provided, and the timing of activity. The Masterforex website evaluates Forex brokers using a complex system of points, which takes into account many parameters and the attitude of companies to their clients.
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