EXNESS Group Remains a Leader of the Market
Growth in client base and trade turnover are the main indicators commonly found in most of participating companies in the IAFT Rating of Forex brokers and recorded by the Association’s analysts in the reporting period. Based on these indicators, updates were made in the rating table, and the Top10 of the most popular and sought-after companies were formed.
The first place was taken by the EXNESS Group, which showed the highest rates. EXNESS was several steps ahead of its competitors, so it was not difficult for the company to maintain its position as a market leader.
With a large increase in trade turnover AvaTrade took the second place. This company immediately stepped 12 levels of the rating and deservedly got to the top of the rating table. Next month we will see if the AvaTrade team can duplicate its success.
FxGlory had to take one step back and take the third place. Judging by the results, this company was not prepared for such an increase in competition at the TOP-3 level, therefore it gave way to a stronger rival and closed the first three brokers.
RoboForex also stopped at the fourth place of the rating. Like FxGlory, this company lost only one position in the rating, but as a result it got out of the top3 most influential and sought-after Forex companies. Despite this, RoboForex has every chance of resuming positions next month.
FXPRIMUS managed to fully restore its results and return to the rating by adding seven positions in September. Recall that in the previous rating FXPRIMUS flew beyond the TOP-10, but a month later it regained its statistic data and got the maximum mark, being placed at the 5th level of the rating.
The 6th place was taken by XM Group, which was unable to compete with FXPRIMUS and stepped one step down. XM Group kept all its indicators at the same level, so its decline in the rating table can be estimated as insignificant.
FBS climbed to the seventh place as it managed to add two positions in the rating and leave the risk zone. According to the results of the last reporting period, this company showed good indicators of client growth, which may well be a guarantee of further growth in FBS positions.
LiteForex is in the eighth place in the Forex rating. This company entered the TOP10 brokers with a tremendous increase in turnover and a plus of 17 positions. LiteForex managed to achieve such success thanks to the activity of both new and regular customers.
IC Markets climbed to the ninth position. A month later, it managed to return to the rating of Forex brokers. In September, this company regained trade turnover, and as a result, in one step, it overcame three positions of the rating table.
JustForex is located at the TOP10 border with the largest increase. This company gained as many as 19 positions and literally burst into the TOP10 best Forex brokers, solemnly closing it. The key to success of JustForex was a high level of customer sympathy, which allowed the company to get ahead of its competitors and get the desired place in the rating.
Studies on which the rating was built were conducted based on analysis of trade indicators of the largest community of Forex traders in the world - IAFT.