Top 20 Most Visited Forex Brokers in June, 2019

The Aussie dollar ans Swiss Franc, while considered ‘minor’ pairs, are often traded in high volume. You can read more about those here: aud/usd or usd/chf That said, there are brokers out there that will truly go out of their way to cater to their traders’ needs. Swiss Forex Brokers. Australian Brokers. Swap-Free Account Brokers. MT4 Forex Brokers. A good example is the action by the Swiss National Bank to peg the Swiss Franc against the Euro by devaluing the Franc. The value of the Franc was soaring, and as it would have affected the country’s exports, the SNB chose to reduce the value of their This is because an exchange rate naturally always consists of the value of two currencies in relation to each other, for example, the US dollar against the Swiss franc or the euro. If, for example, you think that the US dollar is currently undervalued against the euro, you could speculate that the dollar would appreciate against the euro, i.e Since the 2008 Financial Crisis, the Swiss Franc became yet another currency that has been affected by those types of dynamics. In fact, from 2008 until 2020, the price levels in Switzerland remained mostly unchanged. It is not surprising that the Swiss National Bank has responded to those developments with some decisive steps. The releasing of NFP and interest-rate cut stirred up the forex market, causing mixed feelings among investors. During such a time of volatility, WikiFX conducted a massive trial trade among 94 forex brokers and after analyzing and comparing their trading speed and slippage, listed the top 20 brokers. The result of this experiment presents investors the competence of each broker and helps them The most affected broker OANDA dropped 16 places on the list compared with in May, while CMC Markets fell 3 places. On the other hand, high-rating brokers were doing great in June. FXCM and, with their high visit rates, ranked second and third respectively. USD/CHF (US Dollar vs. Swiss Franc) The most popular currency pair worldwide is the EUR/USD and it is also the one with the highest trading volume. It is estimated that approximately 70% of Forex transactions worldwide are made on this pair. Learn more about IQ Option by reading this review. IQ Option is a trading platform founded in 2013, and allows you to trade Forex, commodities, options, cryptocurrencies and stock CFDs. With more than 7 million registered users, IQ Option is considered to be one the leading Online Trading Brokers in Europe and Worldwide. Professional investors also have access to binary and digital options. CFD trading is made possible by IQ Option, with maximum leverage restrictions of 30:1 for forex majors, 20:1 for commodities, 5:1 for stocks and ETFs, and 2:1 for cryptos. Deposits at IQ Option start at $10 only. Australian Dollar (AUD) Swiss Franc (CHF) Canadian Dollar (CAD) Japanese Yen (JPY) British Pound (GBP) Out of these currencies you can find a few popular currency pairs. If you want to achieve success in Forex trading, you need to have an in depth understanding of the different Forex pairs that you use to trade.

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