Biggest broker?

[Johny]

Hello, Forex Moments.

For beginning I have one issue I'm trying to solve. I what to find who is the biggest broke. Who is market maker?

Factors:

- accounts
- capitalization
- year turnover

If someone has any information for any year, please, share!

P.S

I did google this!

[ForexMagnates]

It's hard to answer this question but here are a few links to get you started:

in terms of volume: http://forexmagnates.com/retail-fore...eptember-2010/

in terms of clients (US brokers only): http://forexmagnates.com/us-forex-br...ty-comparison/

in terms of capitalization: http://www.cftc.gov/marketreports/fi...fcms/index.htm

[Johny]

Thank you. This is good for beginning!

[EmpireGlobalfx]

Dear Johny,

Just to contribute in your talk, it would be good to head towards which is the best broker (aka, the one that gives the best to customers) rather than the biggest.


Being on the customers' side rather than acting as counterparty.. what do you think?

All the best and thanks for your thread! :)

[henryduncan12]

Oanda, FXCM and AVAFX is the biggest brokers on the basis of accounts, capitalization, year turnover.

[DiF0r]

Big is not always better. I think smaller brokers can offer more quality service than bigger ones. If you compare a broker with min. deposit $1 that has 500k clients, or a broker with min. deposit $500 that has 10k clients. I bet that the broker with less clients can offer better executions, smaller slippage etc.

I was with a fast growing broker that was excellent at the beginning, fast execution, no slippage... But when they were getting new clients, the execution switched from great to horrible. I guess they didn't add any new servers and no upgrades were made..

[flogger]

Originally Posted by DiF0r

Big is not always better. I think smaller brokers can offer more quality service than bigger ones. If you compare a broker with min. deposit $1 that has 500k clients, or a broker with min. deposit $500 that has 10k clients. I bet that the broker with less clients can offer better executions, smaller slippage etc.

I was with a fast growing broker that was excellent at the beginning, fast execution, no slippage... But when they were getting new clients, the execution switched from great to horrible. I guess they didn't add any new servers and no upgrades were made..

Hi buddy, which broker are you currently connected this year?

[vmusci87]

Hi buddy, which broker are you currently connected this year?

He is trading with Hotforex.

[unclegober]

I'm not looking for the biggest broker, but I am looking for a broker that can provide comfort for me when trading. And certainly, the broker is also safe to use.

[tama13]

the thread made me think, like is bigger better, like some brokers they start small and good when they grow they turn out to be a pain in the arz.

[vmusci87]

I think biggest broker is a broker that has largest number of traders or total trader's money.

[shere1779]

I think forex-metal is a biggest broker because this is one of the popular and they have huge amount of client whose trading with them for this reasons they have three deposit option including credit card support they support also islamic account which mostly important for a biggest broker.

[faryfx]

now we have many big broker !
but what broker do you can safe. i trade with liteforex 3 years. i trust it. i can deposit and i can withdraw my money with short time. it's ok.

[samuelp80]

I've trade many years and have many account in brokers..
the biggest broker is the broker that have billions of client i think.......
Oanda, roboforex, liteforex, fxglory,alpari are the among biggest broker...

[rohmatul]

litefx is great one...
From their site, obviously we can know that they are very great brokers.....

[applefx]

in my country have some broker . but i see some broker have some official in my country. many people think they are big broker. you can find you local . who have offficial

[leebelisar]

Actually its not the question of being big or not. The main deal here is how good is the reputation of a particular broker, the legality, the support it gives to traders esp to newbies and other features a good broker should have. I am not in the position to brag about my broker but I am sure that it has all the good qualities of a better Forex broker. How I can say this? Because I did several background checks and research about the broker. Right now, I'm doing a demo account. Why not see it for yourself. You can know more about this here. Anyway, we all have the free will to pick which broker we want to trade with. Mine is just one of your options.

[rrayne20009]

I do agree with you.As long as a broker provides you what are needs as trader,that is what matters.I do trade demo with gdmfx and I am pretty much satisfied and thinking about opening a live soon.

[leebelisar]

Originally Posted by applefx

in my country have some broker . but i see some broker have some official in my country. many people think they are big broker. you can find you local . who have offficial

Most Forex brokers are global. This is because foreign currency trading is worldwide too. So perhaps, yours is just a branch of a global brokerage firm.

[leebelisar]

Originally Posted by rrayne20009

I do agree with you.As long as a broker provides you what are needs as trader,that is what matters.I do trade demo with gdmfx and I am pretty much satisfied and thinking about opening a live soon.

That's great. I do demo account too. Its been actually for more than two weeks now. Good luck.

[applefx]

now we can see some big broker. in this way we can choose some broker that we know. and special they must near us. we will be support easy.

[unclegober]

As long as we are comfortable trading with a broker that we use and the process of our withdrawal and deposit processed without many obstacles seemed to be no reason for us to change the broker that we are taking. Like I chose Armada Market, with tight spreads and fast execution, and my withdrawal and deposit processed without any problems, no reason for me looking for another broker.

[chin100]

Originally Posted by unclegober

I'm not looking for the biggest broker, but I am looking for a broker that can provide comfort for me when trading. And certainly, the broker is also safe to use.

I am agree,we should not to the biggest broker we should look a reliable and trusted broker. Like me 1LOTSTP Forex broker.

[fol4x]

Originally Posted by chin100

I am agree,we should not to the biggest broker we should look a reliable and trusted broker. Like me 1LOTSTP Forex broker.

HI. Can u share ur experience with 1LOTSTP? How is their execution? Thanks

[ddeeen]

I think that liteforex is great and huge broker...

[unclegober]

Originally Posted by chin100

I am agree,we should not to the biggest broker we should look a reliable and trusted broker. Like me 1LOTSTP Forex broker.

i also feel comfort in trading with trading platform from Armada Markets, and i can trade without reqoute with this broker

[unclegober]

You can find good broker on web search their you will find their ranking as well as all detail what they offer . Now mostly brokers offer low spread , low deposit accounts , different types of accounts you have to choose what you need. You can use high spreads best client support any time.I am happy to work with Tickmill they give me all what I need for trading.

[vic84]

Originally Posted by applefx

now we can see some big broker. in this way we can choose some broker that we know. and special they must near us. we will be support easy.

Its better to choose a broker where you friend or any acquaintance is already trading or choose the one which you can easily access.

[unclegober]

Originally Posted by vic84

Its better to choose a broker where you friend or any acquaintance is already trading or choose the one which you can easily access.

I now trade using TICKMILL broker. I know this broker from some friends who are already using this broker who formerly was named Armada Markets. until now comfortable using this broker

[tenkofx]

Until now I am still comfortable with using TenkoFx because I have a lot of choices in trading. other than as a trader, I could also be an investor to invest in the PAMM trader has a good reputation

[tenkofx]

Broker that provides comfort for trading would be chosen by the trader and we should choose a broker who has a good service as I get in TenkoFx. I can now use a minimum deposit of $ 10 or opening a PAMM account with capital $ 100

[goldtrader]

i trade with some broker. i feel we don't need with bigest broker we do not have big money. we find the broker who has some advantage . it suite with you. we can put money on it.

[tama13]

still i wonder instead of people talking about their broker, who actually is the biggest broker? and would a broker even reveal their number?

[rohmatul]

no body knows...
Don't looking fore great broker, just see its credibility and their fairness.
I recommended Mayzus,Liteforex,fxpro broker, these are recommended.

[dangtrader]

Know a lot of big brokers, but I believe biggest doesn't mean best. I trade with Hotforex it is middle size broker but has quite tight spreads and decent execution. Though don't like their swaps they're a bit high on some pairs.

[goldtrader]

i see when we make money with market. how much we has in account. we will make more money and we can get more bnenefit. it is better for our fund. we don't need choose the biggest broker

[tama13]

yes that is correct, we dont need the biggest broker just to make a good income, in the end it dont matter if broker is big or small, as long as its good.

[unclegober]

People have more interest on it because of the high return forex give us for our investment, with little investment we can make a lot of money if we understand the market movement, the high return is the main reason why most people now have interest on forex. By the way, I am trading with brokers that provide satisfaction and comfort is required by traders. one comfort I need in choosing a broker is the speed of execution without requotes, low spreads and available ECN accounts that provide certainty of trading in the market directly. Now I find the broker, the broker is Tickmill.

[mocharifin]

Originally Posted by tama13

yes that is correct, we dont need the biggest broker just to make a good income, in the end it dont matter if broker is big or small, as long as its good.

I don't think so, bigger broker means they will resist from any financial problems. There are so many brokers that have been collapse because of bankrupt. But if you join on big broker such as fxpro,Liteforex, and Mayzus, they will survive any times.

[unclegober]

Originally Posted by mocharifin

I don't think so, bigger broker means they will resist from any financial problems. There are so many brokers that have been collapse because of bankrupt. But if you join on big broker such as fxpro,Liteforex, and Mayzus, they will survive any times.

Brokers also many who went bankrupt due to mismanagement. broker you mentioned are good, but I now use TICKMILL