TOP 10 POPULAR BROKERS OF 2023

2023 is about to say goodbye. Before entring into new year, Let's look at the popular brokers of this year. This article is purely based on the Wikifx ranking.

Titan Capital Markets

Titan Capital Markets is a Forex broker that is based in Australia. The broker only offers Forex as their trading instrument. They also offer their trading platform which is TitanWebTrader and soon to be launched their mobile version. They also offer bot trading that will help the traders to have another way to profit from trading forex.

XM

Founded in 2009, XM Broker initially carved out a niche in the trader market, focusing exclusively on intermediary services within the foreign exchange market. However, the company has achieved remarkable growth through relentless dedication and undeniable success. Today, XM is a reliable and secure international broker, operating in nearly 190 countries worldwide.

OctaFX

OctaFX, a renowned and award-winning online Forex broker established in 2011, has gained recognition for its global presence, with registrations in St. Vincent and the Grenadines under license number 19776 IBC 2011 and regulation by CySEC (372/18). The company has physical offices in Spain, Cyprus, and Malaysia, further solidifying its reputation in the industry.

Exness

Exness is a forex broker founded in 2008, with headquarters in Cyprus. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK. The broker offers trading in over 120 financial instruments, including forex, metals, energies, cryptocurrencies, and indices. Exness provides clients with a choice of two trading platforms, MetaTrader 4 and MetaTrader 5, along with a range of account types to suit different trading needs. The broker also offers competitive spreads, fast execution, and negative balance protection.

FXCM

FXCM is a regulated retail forex broker that was established in 1999. This broker is headquartered in London, UK, but has offices and affiliates in several other countries, including Australia, Germany, France, Italy, Greece Hong Kong, Japan, South Africa, and the United States. FXCM offers various market instruments, including forex, contracts for difference(CFDs), and other financial instruments. Apart from this, WikiFX has given this broker a fairly high score of 9.42/10.

Yorker Capital Markets

Yorker Capital Markets Ltd operates as an offshore entity for retail forex trading, supervised by the Mwali International Services Authority in Comoros. Traders are cautioned about the absence of specific trading software and the offshore regulatory context. The platform offers trading opportunities across various market instruments, including forex, cryptocurrencies like Bitcoin and Ethereum, energy commodities such as crude oil and natural gas, stocks from companies like Apple and Amazon, major indices like S&P 500 and NASDAQ, and commodities like gold and silver.

STARTRADER

STARTRADER, an online foreign exchange broker, has solidified its reputation as a leading force in the online trading industry since its inception in 2011. The brokerage offers a wide range of trading instruments, including currency pairs, indices, metals, shares, and commodities, providing traders with diverse opportunities to diversify their portfolios.

IC Markets

IC Markets is a well-known Australian currency and CFD dealer that has been in business since 2007. Over 250 financial assets, including currency, commodities, equities, securities, and coins, are available to buyers through the business. The Australian Securities and Investments Commission (ASIC) and the Seychelles Financial Services Authority both authorize and oversee IC Markets. (FSA).

GO Markets

GO Markets is a company that offers online CFD trading (business number: 170969). Founded in 2006 in Australia, the company's office is located in the Republic of Maurice Garcia, while its head office is located in Melbourne. GO Markets is a licensed financial company that has been operating under the supervision of higher authorities for many years.

QFX

QFX, a trading name of QFX Trade Limited, is a newly-established online forex and CFD broker registered in the United Kingdom that claims to provide its clients with over 160 tradable financial instruments with flexible leverage up to 1:1000 and variable spreads from 0.0 pips on the MT5 for Android, Mac OS, iOS, Windows and Web Trader trading platforms, as well as a choice of five different live account types and 24/5 customer support service. It is not currently regulated by any major financial authority.

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