Абстракт:WikiFX released the top 20 largest ad-spending Forex brokers in May, 2019. The restless competition among brokers in a vibrant Forex market has led to a significant change of both brokers and their ranking.
WikiFX released the top 20 largest ad-spending Forex brokers in May, 2019. The restless competition among brokers in a vibrant Forex market has led to a significant change of both brokers and their ranking.
Let' s take a look at the top 20 largest ad-spending brokers list in May, 2019.
FXTM
XM
Pepperstone
FBS
Alpari
easyMarkets
8BX.COM
FP Markets
IC Markets
FXPRO
FXCM
HYCM
CF
AVATRADE
Axitrader
ACY
FOREX.com
MEX Group
GWFX
BCR
Month-on-month growth (with April, 2019) -
easyMarkets up by 8 places
IC Markets up by 6 places
XM up by 4 places
8BX.COM up by 2 places
FP Markets up by 2 places
Month-on-month decline (with April, 2019) -
ACY down by 14 places
MEX Group down by 11 places
CF down by 10 places
FOREX.com down by 6 places
HYCM down by 4 places
New in May -
Pepperstone
FBS
FXPRO
FXCM
AVATRADE
Axitrader
GWFX
BCR
Being out in May -
Rubix FX
GO MARKETS
HFGFX
LION
IFGM
BIBGOLD
TRI
IX Securities
The list shows big changes. Except for FXTM and Alpari which stayed the same place - first and fifth respectively, the rest changed in ranking with some brokers shifting drastically over 2 digits. In addition, 8 brokers in May' s list have been replaced, compared with that in April, indicating a fierce competition of brokers in marketing efforts.
Notably, there are 6 low-rating brokers this month, among which Pepperstone ranks top 5, while ACY and CF remain on the list due to their advertising efforts.
The 6 low-rating brokers are listed below:
Pepperstone, with WikiFX rating 2.64, receives heavy investor complaints.
Pepperstone' s interface from WikiFX App
8BX.COM, with WikiFX rating 1.15, is suspected of license-cloned broker.
8BX.COM' s interface from WikiFX App
IC Markets, with WikiFX rating 3.20, receives heavy investor complaints.
IC Markets' interface from WikiFX App
CF, with WikiFX rating 1.68, is fraudulent broker.
CF' s interface from WikiFX App
Axitrader, with WikiFX rating 2.53, receives heavy customer complaints.
Axitrader' s interface from WikiFX App
ACY, with WikiFX rating 2.17, is fraudulent broker.
ACY' s interface from WikiFX App
Conclusion
The top 20 largest ad-spending brokers list in May changes greatly with many new brokers, reflecting a dynamic Forex market. Meanwhile, investors need to stay alert to low-rating brokers on the list.
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IC Markets
BBI Trading
ATFX
GO MARKETS
TVR
IG
IC Markets
BBI Trading
ATFX
GO MARKETS
TVR
IG
IC Markets
BBI Trading
ATFX
GO MARKETS
TVR
IG
IC Markets
BBI Trading
ATFX
GO MARKETS
TVR
IG