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    Top 20 Largest Ad-spending Forex Brokers in May, 2019

    Abstract: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.
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      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.

    英.jpg

      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·激石-英.jpg

      Pepperstone' s interface from WikiFX App

      8BX.COM, with WikiFX rating 1.15, is suspected of license-cloned broker.

    8BX.COM宝星环球投资-英.jpg

      8BX.COM' s interface from WikiFX App

      IC Markets, with WikiFX rating 3.20, receives heavy investor complaints.

    IC-英.jpg

      IC Markets' interface from WikiFX App

      CF, with WikiFX rating 1.68, is fraudulent broker.

    CF·创富国际-英.jpg

      CF' s interface from WikiFX App

      Axitrader, with WikiFX rating 2.53, receives heavy customer complaints.

    Axitrader-英.jpg

      Axitrader' s interface from WikiFX App

      ACY, with WikiFX rating 2.17, is fraudulent broker.

    ACY-英.jpg

      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.

    The brokers involved 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

    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  :
    --
    Amount
    United States Dollar
    Convertible Amount
    -- United States Dollar
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