It’s very lucky for you if you have chance to work with the top largest brokers. However, in the forex trading world, there have been thousands of good and bad brokers all around the world. Each country has a lot of different brokers. We don’t know everything about them. And it’s really difficult to recognize those brokers. For beginners, they will be confused with their options of top largest brokers. To experienced traders, it’s also a hard decision to choose the right top largest brokers. To find out the top largest brokers, what standards do we rank? Search Google? This is a popular way for most of us to do. You can begin with searching the phrase “Top largest brokers” in search box and there are thousands of results. I’m sure that you will be more confused because of many answers and you don’t know what is better. The first top search on Google often is paid money to be top. This means Google AdWords is used to be shown on the first list. And if you don’t know about this information, you will believe in those results. I don’t think this is a good way to find out the top best forex brokers. Other results on search box? They are not really reliable because there are a lot of techniques in SEO to make your search on the first page. For example, when we search: “top largest forex brokers", and we find Hotforex, ICmarket, FBS, or FXTM in those lists, but they are fake. We know that they are new brokers and they just focus on target at some countries in South East Asia and Africa, not around the world. So we refused those brokers. But we don’t give up finding. We still keep on our top largest brokers. We have spent some months researching and contacting many brokers to have these results. We have many standards to come to conclusion: their credibility, their trading volume, their license, their transparency… The first important criterion we look at is their trading volume. Therefore, you can trust in our list. Here are five top largest brokers. 1. Exness.com: $395 Billions. 2. XM.com: $320 Billions 3. Forex.com: $300 Billions 4. Saxo Bank: $300 Billions 5. FXCM: $220 Billions. How to identify a good or scam broker? As you know, if you trade with these largest forex brokers, you will be safe, reliable and profitable. How about other forex brokers? In the forex trading world, it’s really complex. You will not realize reliable or scam brokers. A scam broker will steal money from your account with many bad tricks. If you are a beginner, I bet that you will lose all money. How about experienced traders? Scam brokers will use other trickery. When you are their targets, it’s hard for you not to be cheated. As a result, you lose money, trust and everything As a beginner or experienced trader, you can’t identify a scam broker at first time. In the beginning, everything happens so logically and naturally. It seems true, safe and procedural. You can win with your money. You will feel confident. That’s reason why you want to deposit more money. And you can win a few times. But in a final deposit or you invest a lot of money, your chance of losing is 100%. They will take all your money from your account. When you trade in forex at first time, you will follow your risk management, the scam brokers know this. And they will encourage you and let you win. They kill two birds with one stone. In particular, they build your trust and confidence. They want you deposit a lot of money. And your loss of money is inevitable. When you read these words, do you want to give up trading in forex? I suppose many people will. Don’t be in a hurry to make your decision. There are ways to avoid scam brokers. A smart way to do is trading with largest forex brokers. It takes time, money and effort to check scam brokers. So, let’s trade with top largest forex brokers only. A top large forex broker will have business with a lot of traders all around the world. They will help us check and review those brokers. You can easily read their comments about brokers. Traders will talk about them if there are any problems. If you are a good broker, traders will give you good words. On the contrary, a bad broker will be criticized and has bad comments. You just open your laptop or smartphone, read their reviews. Which criteria to rank the largest forex brokers? Some brokers are ready to publish their trading volume in public. They were audited by the top 4 audit companies. They want to show you their transparent statistics. Because they are good brokers, they don’t want to steal anything. It means that a good anvil does not fear the hammer. I encourage you to trade at these brokers. Other standards you have to trade with care are:
I will tell you in details if you are living in Asia and Africa, Exnesss is the best choice for you. Exness targets mainly at Asia and Africa. You can deposit and withdraw instantly and free, while other Asian brokers who don’t have local payment system will charge you from 1.7- 4% of your deposit fee. Exness has local offices in most big countries: China, Indonesia, Thailand, Singapore, Malaysia, Cyprus, South Africa, India and Dubai. They can support online 24/7 with instant responses. If you are living in US, Forex.com is the best option. They are reliable and leading in the US market. If you are living in Europe, Saxo Bank and Exness are the best. Hope this article will help you choose the 5 top largest brokers. Again, here are of them: 1. Exness.com: $395 Billions. 2. XM.com: $320 Billions 3. Forex.com: $300 Billions 4. Saxo Bank: $300 Billions 5. FXCM: $220 Billions. Read more : TOP 5 LOWEST SPREAD BROKERS TO YOUR SUCCESS IN TRADING FOREX
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