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Top 20 Largest Ad-Spending Forex Brokers in April 2019

Abstract:WikiFX just released April' s top 20 largest ad-spending Forex brokers list, which not only directly indicates the branding and market developing campaign of brokers, but also demonstrate, to some degree, the dynamic of Forex industry. Compared with March, FXTM still tops the list, while brokers that rank second and third has been replaced.

  WikiFX just released April' s top 20 largest ad-spending Forex brokers list, which not only directly indicates the branding and market developing campaign of brokers, but also demonstrate, to some degree, the dynamic of Forex industry. Compared with March, FXTM still tops the list, while brokers that rank second and third has been replaced.

  Let' s take a look at WikiFX' s top 20 ad-spending brokers list in April.

FXTM

ACY

CF

Rubix FX

Alpari

XM

MEX Group

HYCM

8 Bitnex

FP Markets

FOREX.com

GO MARKETS

HFGFX

easyMarkets

IC Markets

LION

IFGM

BIBGOLD

TRI

IX Securities

  On a month-on-month basis, FXTM still tops the list, which indicates it attaches much importance to Forex market. Meanwhile, most brokers rise steadily, while a few brokers drop, among which one broker declines sharply.

  Month-on-month growth (with March 2019):

  ACY up by 8 places

  FP Markets up by 7 places

  GO MARKETS up by 3 places

  Rubix FX up by 2 places

  Alpari up by 2 places

  FOREX.com up by 2 places

  MEX Group up by 1 place

  Month-on-month decline (with March 2019):

  LION down by 14 places

  HYCM down by 3 places

  IC Markets down by 3 places

  TRI down by 3 places

  HFGFX down by 2 places

  XM down by 2 places

  New in April:

  IFGM

  BIBGOLD

  IX Securities

  Being out in April:

  ATFX

  CLMFX

  Vantage FX

  It is noticed that among the four low rating platforms, ACY and CF that rank second and third respectively are labeled as Fraudulent Brokers by WikiFX. The detailed information is below.

  ACY - Fraudulent broker with rating 2.16;

  CF - Fraudulent broker with rating 1.66;

  8 Bitnex - Suspected cloned broker with rating 1.10;

  IC Markets - Being complained heavily with rating 3.20.

  From the list, We can see almost the same brokers as last month but in different places, indicating the vitality of Forex market and the fierce competition among Forex brokers in market developing.

  WikiFX also reminds investors to beware of the 4 low-rating brokers in the list and choose compliant and legal brokers carefully for the safety of your assets.

Brokers related in the article

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United States Dollar

  • United Arab Emirates Dirham
  • Australia Dollar
  • Canadian Dollar
  • Swiss Franc
  • Chinese Yuan
  • Danish Krone
  • Euro
  • British Pound
  • Hong Kong Dollar
  • Hungarian Forint
  • Japanese Yen
  • South Korean Won
  • Mexican Peso
  • Malaysian Ringgit
  • Norwegian Krone
  • New Zealand Dollar
  • Polish Zloty
  • Russian Ruble
  • Saudi Arabian Riyal
  • Swedish Krona
  • Singapore Dollar
  • Thai Baht
  • Turkish Lira
  • United States Dollar
  • South African Rand
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