Forex Rating calculation
Below are the criteria for the calculation of the overall rating of Forex companies which builds TOP 100 brokers in the world by ForexRebate.me
- Year of incorporation:
1 year since the founding of = 1 point
- The presence of international licensing and regulation of activities:
- FCA = 5 points
- NFA = 5 points
- CySEC = 2 points
- MiFiD = 1 point
- Awards of broker:
Counting for the last 5 years - 2013, 2014, 2015, 2016, 2017
- The award, given by the regional organization - 1 point
- The award, given by the international organization - 2 points
- Spreads and commission:
- Spread of 3 points = 0 points
- Spread over 3 points = -1 point
- Spread from 2 to 3 points = +1 point/li>
- Spread from 1 to 2 points = 2 points/li>
- Spread is less than 1 point = 3 points/li>
- PR and advertising in Internet:
- Thread at FPA - 10 points
- Thread at ForexFactory forum - 10 points
- Thread at TalkGold.com - 10 points
- TOP20 in Google search by "forex broker" keyword - 10 points
- TOP20 in Yahoo search by "forex broker" keyword - 10 points
- TOP20 in Google search by "open forex account" keyword - 10 points
- TOP20 in Yahoo search by "open forex account" keyword - 10 points
- Rating vote by traders of ForexRebate.ME:
- every positive review is "+1" to overall Rating
- every negative review is "-1" to overall Rating
- Contests organized by broker:
The size of the prize fund is not considered. Not taken into account the server on which the competition is held.
For each competition given 1 point
- Bonuses of broker:
Regardless of the size of the bonus for each bonus is awarded 1 point.
- Amount and presence of trading instruments:
- Forex <50 pairs = 0 points
- Forex >50 pairs = 1 point
- Forex >100 pairs = 3 points
- Indices = 2 points
- Binary options = 2 points
- Futures = 2 points
- Commodities = 1 point
- Stocks = 2 points
- Crypto = 10 points