What are the most popular brokers Worldwide?

[galeonbaster]

Hi, trying to find out who is pushing envelope in this market. Wondering what broker is the biggest. Who are they - leaders? Who is making USA market? :smart:

 

[ibj]

Hi, trying to find out who is pushing envelope in this market. Wondering what broker is the biggest. Who are they - leaders? Who is making USA market? :smart:

I am biased (because I am the COO of the company I am about to refer). Look at Interactive Brokers (www.interactivebrokers.com). ECN forex with interbank quality spreads, access to Aussie markets (multi-asset classes), as well as 80 other exchanges including state of the art US (best execution). We are geared to active traders as well as support for hedge funds and institutions.

Normal investors can benefit as well but the main (java) platform is extremely feature rich and does have a learning curve. While we offer a simpler based web interfaces for clients with simpler needs (as well as iPhone, Blackberry, and Symbian applications), our system covers so many asset classes and marketplaces, that our optimization for each venue for demanding traders does mean there are some compromises in our ability to make a single generic interface.

4 billion dollar book value listed company (Nasdaq: IBKR). Low fees, as well. $6.00 for Aussi stock up to $7500 value, 8 basis points above this. By example, a 20K trade will cost 16 AUD. If you look around on this site, you can easily see what clients say about out trading platform

 

[ThinkForexJB]

This thread has the potential to become a giant self-promotional cluster. Obviously I will leave my own company off of this list...

So just off the top of my head the more popular brokers are (in no particular order):

FXCM, Oanda, IBFX, GCAP (Forex.com), FXDD and Interactive Brokers

I'm sure I'm leaving off a bunch but those are the ones that come to mind. Popularity doesn't necessarily determine quality. Picking a broker is almost like picking a spouse. Sometimes the popular, pretty one will be an :innocent: and other times they can be a

 

[Gabrial]

I am biased (because I am the COO of the company I am about to refer). Look at Interactive Brokers (www.interactivebrokers.com). ECN forex with interbank quality spreads, access to Aussie markets (multi-asset classes), as well as 80 other exchanges including state of the art US (best execution). We are geared to active traders as well as support for hedge funds and institutions.

Normal investors can benefit as well but the main (java) platform is extremely feature rich and does have a learning curve. While we offer a simpler based web interfaces for clients with simpler needs (as well as iPhone, Blackberry, and Symbian applications), our system covers so many asset classes and marketplaces, that our optimization for each venue for demanding traders does mean there are some compromises in our ability to make a single generic interface.

4 billion dollar book value listed company (Nasdaq: IBKR). Low fees, as well. $6.00 for Aussi stock up to $7500 value, 8 basis points above this. By example, a 20K trade will cost 16 AUD. If you look around on this site, you can easily see what clients say about out trading platform

This sounds more like promotion then the answer to the question.

 

[Elisium]

FXCM, Oanda, IBFX, GCAP (Forex.com), FXDD and Interactive Brokers

What about Alpari and FXPro?

Here is a tricky part I can't tell why do I thick so. Just because somebody told me . . . no facts.

 

[neil]

http://www.interactivebrokers.com/ibg/main.php

Used by many who have experience of trading.

They also have a UK office.

 

[wackypete2]

What about Alpari and FXPro?

Here is a tricky part I can't tell why do I thick so. Just because somebody told me . . . no facts.

Just a note, since the OP was asking about USA market, FXPro doesn't accept USA clients.

Peter

 

[Mr.Emilio]

Just a note, since the OP was asking about USA market, FXPro doesn't accept USA clients.

Peter

Good call!

Will definitely agree with those being popular as well. I'm sure there are many more as well that I left off of my list. Doing a search on Alexa or a site like that will give a good idea of where the traffic is going (and where they are coming from).

This way you can just get information about website. All main stuff is out of table. Example: 10 customers make 2.000$ deposit each. And one trader opens account with 30.000$ deposit. The website got 10 times more visitor, but result can be opposite.

 

[Mr.Emilio]

And one more: maybe it better to place this thread in "Brokers review" community?

 

[Adamson]

FXCM
Oanda
Saxo Bank
Source: http://forexmagnates.com/top-forex-brokers-report-over-105b-in-daily-traded-volume/

There is one more data link: http://forexmagnates.com/us-forex-brokers-account-profitability-comparison/

 

[Joseph Trader]

You spoke my mind! 'Popularity doesn't determine quality'. Sometimes i feel even less popular brokers do well, because they want to get to the top, so they would want to make sure they do their best as not to do any harm to themselves. Like the broker am with, Profiforex, was recommended by a friend and i have seen that though not all that popular, but they do a good that i can see.

1. FXCM
2. Oanda
3. FxPro

These are the biggest, but biggest does not mean always the best

Regards,
Joseph P.

 

[george6]

it is the market maker forex broker: fxcm, easy forex, saxobank, fxpro.

 

[bigmistake]

There are no most popular or best broker worldwide, even if that broker acceptes US trader.

I only recommend some good broker as Fxpro, fxcm, hotforex, armanda as most poular brokers.

 

[Rockfeller]

I agree that Popular does not mean the best.

 

[forexanalyst]

2012 Forex Industry Summary

Excluding Japanese brokers:

FXCM
Saxo
Alpari
IG
Oanda

 

[Antonio1711]

FxPro and FXCM are the biggest

also gain, saxobank are not bad. But execution wise - FxPro one of the best I've tried (currently I'am using their cTrader)

 

[Joseph Trader]

2012 Forex Industry Summary

Excluding Japanese brokers:

FXCM
Saxo
Alpari
IG
Oanda

SAXO ? Really ? Who trades with them? I guess they have some good Institutional clients, I am totally sure they are not popular.

Regards,
Joseph.

 

[d4amenace]

I like how everyone names the crap big names but not the GOOD ones....

Screw the biggies...

Profiforex
Tradefort
FinFX
Pepperstone
Roboforex

Profiforex and Tradefort has tightest spreads and offer micro accounts and multiple deposit and withdrawal methods. Roboforex has fast signup and verification with many deposit/withdrawal methods. Pepperstone has tightest spreads but no micro accounts....still good, but few dep/with options. Same goes for FinFX.

 

[ph_trader]

where do we start when the talk is about the most popular and the biggest, the talk will never end, what was good yesterday might be the worst tomorrow and so on, I'd rather stay away f rom very very big popular brokers, i have a feeling it does not end so well. just my 2 cents

 

[Rockfeller]

where do we start when the talk is about the most popular and the biggest, the talk will never end, what was good yesterday might be the worst tomorrow and so on, I'd rather stay away f rom very very big popular brokers, i have a feeling it does not end so well. just my 2 cents

I partially agree with that. I use Ducascopy , Oanda and Armada Markets (not so big and popular as previous two). I think it`s important to diversify your funds between at least 2 brokers.