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    Top 20 Most Followed Forex Brokers in May, 2019

    Abstract:WikiFX released the top 20 most followed Forex brokers list in May, 2019. April has seen quite a few episodes in the Forex market, such as regulator’ s warning about Forex industry, market exit announcement released by broker and foreign news disclosing fraudulent broker. Let’ s look at how these events have effected investors’ interest on brokers.
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      WikiFX released the top 20 most followed Forex brokers list in May, 2019. April has seen quite a few episodes in the Forex market, such as regulator' s warning about Forex industry, market exit announcement released by broker and foreign news disclosing fraudulent broker. Let' s look at how these events have effected investors' interest on brokers.

      Here' s the top 20 most followed Forex brokers list in May from WikiFX:

    外汇天眼发布2019年5月关注排行榜EN.jpg

      OANDA

      FXCM

      FOREX.com

      PTFX

      EightCap

      GCG ASIA

      AVATRADE

      FXTM

      ATFX

      XM

      GKFX Prime

      USGFX

      Exness

      KVB

      Rubix FX

      LION

      IG

      IC Markets

      Saxo

      Hantec

      Month-on-month growth (with April, 2019):

      OANDA up by 1 place

      FXCM up by 1 place

      PTFX up by 1 place

      EightCap up by 1 place

      USGFX up by 1 place

      Month-on-month decline (with April, 2019):

      IC Markets down by 8 places

      Exness down by 4 places

      IG down by 3 places

      AVATRADE down by 3 places

      FOREX.com down by 2 places

      KVB down by 2 places

      Hantec down by 2 places

      FXTM down by 1 place

      ATFX down by 1 place

      New in May:

      GCG ASIA

      XM

      GKFX Prime

      Rubix FX

      LION

      Being out in May:

      TradeMax

      CMCMarkets

      Vantage FX

      AETOS

      Swissquote Bank

      Brokers in the first part of the list remain roughly the same as those in April, changing slightly only in places. While high-rating brokers take up the majority, there are exceptions such as the illegal broker PTFX which ranked no. 4 on the list with considerable attention from investors. Meanwhile, illegal broker GCG ASIA attracted more attentions for Bank of China (BOC) Phnom Penh branch' s warning and Indonesian police' s official disclosure for fraud, so being new on the list, the broker ranks 6th this month.

      WikiFX App has labeled PTFX and GCG ASIA “Fraudulent Broker” to remind investors to stay away from them.

    PTFX.jpg

      PTFX' s interface from WikiFX App

    GCG.jpg

      GCG ASIA' s interface from WikiFX App

      In addition, investors should also keep away from IC Markets, another low-rating broker on the list to avoid potential risk.

    IC.jpg

      IC Markets' interface from WikiFX App

      Conclusion

      WikiFX reminds investors that the most followed brokers list only reflects investors' interest of the month, so please beware of the low-rating brokers on the list and stay away from them. To better protect your asset and avoid potential risks, make sure you check broker' s compliance through WikiFX App before making an investment.

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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
    Current Rate  :
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    Amount
    United States Dollar
    Amount
    -- United States Dollar
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