Top 20 Largest Ad-Spending Forex Brokers in March 2019

The ads spending of Forex brokers has always been a hot issue in Forex industry, which clearly shows that they attach great importance to the market.

At the same time, as a way of branding, it not only displays brokers' strength, but also reflects a booming Forex market.

Per the top 20 largest ad-spending Forex brokers chart this month, we can see that the top 5 brokers last month are out, except for FXTM which still ranks first this month.

WikiFX releases the top 20 largest ad-spending Forex brokers in 1st half of March 2019.

• FXTM

• EightCa

• LIO

• CF

• XM

• HYCM

• Rubix FX

• Alpari

• MEX Grou

• 8 Bitnex

• ACY

• HFGFX

• IC Market

• FOREX.com

• easyMarket

• GO MARKET

• TRI

• FP Market

• ATFX

• CLMFX

On a month-on-month basis, the top 10 ad-spending brokers this month grow generally in place. Though two of them fall slightly, they are still in top 10. While, FXTM ranks first.

Month-on-month growth (with February 2019) -

EightCap — 3 places u

LION — 7 places u

CF — 3 places u

HYCM — 7 places u

Rubix FX — 2 places u

MEX Group — 3 places u

IC Markets — 2 places u

easyMarkets — 3 places u

GO MARKETS — 3 places u

Month-on-month decline (with February 2019)-

XM — 1 place dow

Alpari — 2 places dow

8 Bitnes — 8 places dow

ACY — 8 places dow

FOREX.com — 3 places dow

TRI — 9 places down

New in this month -

HFGFX

FP Market

ATFX

CLMFX

Being out this month -

IFM

AVATRADE

uTrade

GKFX Prime

Warning：

Forex brokers with low rating this month: CF and 8 Bitnex are suspected as license-cloned brokers with rating 1.56 and 1.05 respectively; ACY is fraudulent broker with rating 2.16; IC Markets has many complaints from investors and is rated at 3.19.

In despite of spending more on branding, they still have considerable risk. WikiFX reminds investors to keep away from those suspected brokers to ensure the safety of your investments.

Conclusion

Compared with the chart last month, the brokers this month have changed slightly, However, they vary greatly in place, and most of them rise up in the chart.

All these mean that with more fierce competition in Forex market, they increase their advertising investment.

Investors are strongly suggested to be alert to the four brokers with low rating before making a considerate decision.