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Abstract:WikiFX recently released the top 20 most visited Forex brokers list in May, 2019. The month has seen news such as broker’s CEO being arrested or broker terminating business in China, stirring up the Forex circle. Now let’s take a look at how the trend of investors’ visit to brokers has changed.
WikiFX recently released the top 20 most visited Forex brokers list in May, 2019. The month has seen news such as broker‘s CEO being arrested or broker terminating business in China, stirring up the Forex circle. Now let’s take a look at how the trend of investors visit to brokers has changed.
Here is the top 20 most visited Forex brokers list in May:
PTFX
OANDA
GCG ASIA
FOREX.com
FXCM
FXTM
EightCap
AVATRADE
XM
ATFX
GKFX Prime
KVB
IC Markets
AETOS
TradeMax
INTERACTIVE
CMCMarkets
USGFX
GOLDEX GROUP
SCFH
Month on month growth(with April, 2019):
TradeMax up by 2 places
PTFX up by 1 place
OANDA up by 1 place
FXTM up by 1 place
XM up by 1 place
KVB up by 1 place
Month on month decline(with April, 2019):
IC Markets down by 5 places
FOREX.com down by 3 places
AVATRADE down by 3 places
CMCMarkets down by 3 places
USGFX down by 3 places
AETOS down by 2 places
FXCM down by 1 place
EightCap down by 1 place
ATFX down by 1 place
New in April:
GCG ASIA
INTERACTIVE
GOLDEX GROUP
SCFH
Being out in April:
ACY
IG
LION
Pepperstone
Investors need to watch out for 4 low-rating brokers on the list:
PTFX, with WikiFX rating 1.70, is illegal broker;
PTFXs interface from WikiFX App
With high visit rate, the illegal broker PTFX is always controversial, and becomes the hot broker due to the recent reports from both WikiFX Journals cover page and Securities Times, for which the stubborn followers of PTFX showed their dissatisfaction about media above by defaming.
GCG ASIA, with WikiFX rating 1.15, is illegal;
GCG ASIAs interface from WikiFX App
GCG ASIA was entangled in several news events this month, and it was shocking that the brokers key members had been arrested by Cambodian police. It seems legal measures will soon bring GCG ASIA to an end.
IC Markets, with WikiFX rating 3.20, receives heavy investor complaints;
IC Markets interface from WikiFX App
IC Markets has received heavy investor complaints for a long time, indicating substantial risk. WikiFX reminds investors to beware of it.
AETOS, with WikiFX rating 3.28, receives heavy investor complaints.
AETOS interface from WikiFX App
AETOS has plenty of complaints recently, with inefficiency in handling complaints inefficiency. Please be careful about choosing the broker.
Conclusion:
The list remains roughly the same as in April, with regular slight changes of the brokers rankings. The brokers in the first half of the list mostly are rated from 8 to 10. And the newly-in brokers listed on the bottom are highly competitive. In addition, investors should also beware of the low-rating brokers on the list and avoid potential risk.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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