The financial experts at the Traders Union recommend using a well-planned approach when selecting a broker. Traders need to thoroughly study and analyze all aspects of potential brokerage companies to start a successful and profitable career on Forex.
Specialists at the Traders Union suggest that traders should pay attention to the reliability of the brokerage and confirm that it is licensed by a reputable financial regulator.
The Traders Union financial experts apply more than 100 proprietary parameters to objectively assess, analyze, and investigate a broker’s trading activities. They are divided into five main groups, which assure a comprehensive approach during the evaluation process
Every trader can study these five main areas of each broker because the information is publicly available on each broker’s website. It requires a substantial amount of work to dig out the important details and compare the results to competing brokers. But you don’t have to do the hard work because the Traders Union has already done it for you. You can find the results of TU’s comprehensive analyses and list of the Top 5 Best Forex Brokers on the Traders Union website.
Based on a comprehensive review of Forex brokers, Traders Union experts compiled the Top 5 brokers in the Forex trading industry. This list consists of the brokers that have regularly earned top scores on all the basic metrics, have achieved the highest level of their clients’ trust, maintained a positive reputation, and also have sterling trading conditions compared to their competitors.
These brokers are the most popular among traders because they are client-oriented and provide high-quality professional support. This is evidenced not only by the test results of Traders Union experts but also by traders’ reviews of cooperation with the brokers.
The Traders Union is an association of Forex traders. It has been working in the financial markets since 2010. Registration and participation in Traders Union are free of charge for all traders. In return, traders working with brokers through the Traders Union get additional income for each executed transaction — whether profitable or unprofitable — and the right to legal assistance in case of a conflict with a broker.
The Traders Union site has many expert articles on various financial and economic topics, as well as instructions and training guides on how to choose a broker for Forex trading, and how to distinguish scammers from trustworthy companies. In addition, the financial experts at the Traders Union make recurring evaluations of brokers, formulate objective ratings, and release to the public, free of charge, a list of the Best Forex Brokers by category:
Thus, each member of the Traders Union has access to the results of comprehensive and in-depth research, as well as detailed and objective information about the best brokers. Also, those traders, who cooperate with brokers through the Traders Union, work in Forex under the protection of TU’s highly-qualified legal specialists, all of whom are members of the bar.
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