BRKV - It has been hard to judge who the best broker for traders is but we definitely can do it by considering some elements of services, benefits or the reputation of the best forex brokers in 2018 to decide what brokers fit traders the most.

As I know, there are some big brokers in Asia that have their services being satisfying for some aspect of their work like Exness, FxPro, Hot Forex, XM, or FBS...They are all reputable forex brokers that serve with various kinds of needs and requirements that I think if any of you want to work with will see them suitable for some reasons.

Most brokers do not charge their clients any commission at all; however, this privilege is just for regulars and obviously, when traders are free from the spread, too, they have to pay for some rate of commission. So traders like to work with the best brokers in 2018 that offer the reasonable rate of commission. There are some rare brokers in the market that can meet clients this factor, such as ECN and Exness. The latter is the better one when the traders are required just only 2.5 $ each time they do their trading.

As mentioned before, the commission is free for most of the traders when they work with professional brokers; however, the spread will charge an amount of money, so traders want to find the broker with the good offer of spread rate. For almost forex markets, EUR/USD is the popular currency pair to be worked with and the most suitable brokers for any traders can have the low spread are Exness, FBS, Hot Forex which cost only 1.1 pip for the spread.

There is a well-known fact that the best brokers in 2018 are ruled by a lot of regulations like some other Western ones which cannot offer the good leverage for traders. They are tooled with lots of kinds of licenses and controlled tightly. About that the ideal leverage, trades can open accounts and work with Exness, FBS, and XM which are Asian brokers. They are more comfortable with the leverage offered that makes traders believe more in the prospect of their trading because their brokers are Asian that are not regulated by the countries a lot like Western brokers.

Some figures are shown for the traders' consideration and decisions:

Exness offers for more than 5 times trading clients with less than 1000 $ in the account the unlimited leverage and for the accounts with the amount of more than 2000 $, the leverage is even 1:2000, some kind of the biggest one.

Hot Forex: 1:1000 top

FBS: 1:1000 top

XM: 1:888 top

The new traders prefer opening their account with at least amount as possible because they want to start the first safe step into the forex market. However, some best forex brokers like FXCM and Forex.com usually give the minimum deposit up to 2000 $ for the former and 500 $ for the latter. So, is there any chance for the starter? Of course, if new traders want to spend the little amount they definitely come to Exness and FBS with only 1$ and 5$ respectively. That is totally amazing for the beginners.

There is a worry about the transfer when traders work with internal brokers or global brokers. It is obvious that country-home brokers make a faster progress for withdrawal than the foreign ones. But, there are still brokers that are both safer and more guaranteed like Exness. Unlike other international brokers, Exness has their good solution for transferring when every work is done by the machine that makes the withdrawal process completed quickly and in time.

There are some main factors that should be reviewed to see what the best brokers in 2018 are reliable and trustworthy. Traders can criticize some facts such as audit, licenses or search level as below:

If the best brokers in 2018 are audited by the reputable accounting such as Deloitte, PWC, EY, and KPMG firms they prove their transparency. Exness is one of the best brokers in 2018 that publicize their financial report on the website so any traders can review and see how good their trading could be. Even traders can review the amount of fund of Exness too

How Do Licenses tell about one broker? Too many licenses can trouble traders about the trading conditions because many brokers such as ASIC (Australia), CySEC (Cyprus), FSA (Japan), CFTC (United States), NFA (also the United States), and FCA (United Kingdom), they have more than one licenses and require high margin, low leverage, high spread level..).

That is the number of people searching for some brokers on Google. According to Google Keyword Planner, XM is searched for 40,000 times per month, for Exness is 36,000 per month and FBS is 30,000 monthly. So these three brokers are regularly looked for on the Internet and being famous for their widely working.  

Trading volume is the amount of money the traders transferring with the best brokers in 2018 that can be counted monthly or yearly. This number can play an important role in how truthful they are that attract more clients than the others. Some big brokers gain the huge volumes every month, that means a large number of traders trust and work with this broker. This number can reach to thousands or even millions of traders every month. To show some current states of big brokers, I give numbers here for the clear information:

Exness: $323 billion each month

Hot Forex: $280 billion each month

Forex.com: $185 billion each month

FXCM: $108 billion each month

Some good brokers have excellent service that serves their clients to deal with blocks when they do their business. Especially, the beginners see the forex markets are kind of confusing and they do need some truthful guides to step into the market. First, the language problems are more difficult for the Asian traders. So, they feel more comfortable with the best brokers in 2018 that can help communicate with their language. Or, the timeframe working is an important element. There are some big brokers that are available at any time for traders such as Exness, FBS, FxPro, and XM. They open the service 24/7 or even they help traders and clients with various speaking staff that led the way for traders from multi countries.

Read more : TOP LOWEST SPREAD FOREX BROKERS FOR TRADERS

All the big brokers have their good traits for the traders to rank, so from some features mentioned above in this article may help you to consider yourself before making any decisions for the next trading work. Make sure you test all the suitable facts and take advantages of them.

Hey there, this is Fanara Filippo. I'm the author of this article and i'm currently collaborating with Brokerreview.net, or BRKV in short. My articles are mainly for forex traders from Thailand, Indonesia, India, Bangladesh, and South Africa.