Top 20 Largest Ad-Spending Forex Brokers in January 2019

Ad-spending of Forex brokers has always been a hot issue in the industry. In the beginning of 2019, many brokers has already increased their budget on ad-spending; therefore, the largest ad-spending broker chart has the significant change for 1st half of January and numerous new brokers has also been listed that hit historic high.

WikiFX release the top 20 largest ad-spending Forex brokers for the 1st half of January.

Top 20 Largest Ad-Spending Forex brokers for 1st half of January:

• EightCa

• FXTM

• FOREX.com

• ACY

• CF

• FXPRO

• AVATRADE

• TRI

• XM

• Alpari

• 8 Bitnex

• IC Market

• LIO

• FXOpe

• HX

• HYCM

• uTrade

• BF

• MEX

• AISA

Month-on-month growth (with December 2018) -

TRI — 8 places u

AVATRADE — 6 places u

ACY — 6 places u

FXTM — 1 places u

FOREX.com — 1 places u

uTrade — 1 places u

Month-on-month decline (with December 2018) -

LION — 8 places dow

Alpari — 3 places dow

XM — 1 places dow

HYCM — 1 places dow

New in this month -

CF

FXPRO

8 Bitnex

IC Market

FXOpe

HX

BF

MEX

AISA

Being Out this month -

Zhixua

ATFX

BYFX Global

HKJOJO

easyMarket

VT Market

CCC

Amana Capital

TradeMax

Warning !

There are many low-rating broker being listed in the chart this week, such as ACY, the fraudulent trading platform

CFand Bitnex, the suspected cloned license broker

IC, lots of complaints received; and, HXhas no valid regulatory status.

Though they have spent a lot on advertising, they still have a higher risk. WikiFX remind investors to keep away from those low-rating brokers.

Conclusion

This week, this chart has changed a lot as many low-rating brokers has been listed. Investors are strongly advised to follow the regulated brokers to avoid risk.