It is commonly known that choosing the right Forex Broker is absolutely crucial when trading Forex. The introduction of the Rating Brokers Formula is a TradingCenter.org innovation and serves an important mission: To provide a 100% objective rating framework in order to evaluate world’s financial brokers. Until today, brokers were rated by individual users, the problem was that most ratings in the trading industry are fake.
The Rating Formula Structure
The rating formula structure is simple and compromise 4 major trading factors:
1) Safety of your Funds
2) Minimum Commissions and Fees Paid
3) Maximum Number of Trading Options Offered
4) Maximum Technological Efficiency Provided
Rating Formula History:
The first two versions of the Rating Formula were applied on Forex Brokers. The version 3.0 and 3.5 was applied on Binary Option Brokers. Information here:
» Forex Formula –V.4.0, TradingCenter.org
» Binary Option Formula -V.3.5, BinaryValue.com
World’s Major Forex Regulators
► MiFID EU (Markets in Financial Instruments Directive and implementing measures)
► Financial Service Authority (FSA UK)
► CFTC (Commodity Futures Trading Commission)
► Germany Federal Financial Supervisory Authority (BaFin)
More on Forex: » Forex for Beginners | » Currency Trading | » Forex Terminology | » Forex Tips | » Compare Brokers
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Forex Reviews & Rating Formula
