When we think about trading, the first thing that comes to mind is to look for the best licensed trading companies, especially since all dealings with them are financial, and if they are not trustworthy, it will cause you some problems, so in this topic help we will guide you in choosing the best reliable trading companies for this year.
At ARENSON we have conducted extensive research to help you choose the licensed brokers you should trust through studies and surveys conducted by our staff and come to conclusive conclusions about the best licensed brokers of the year.
Our research was based on several criteria that you should consider before registering with a forex broker. And if you are looking for a quick answer on the best forex trading companies or the best licensed trading companies of the current year
Best Licensed Commercial Companies in 2022
- FXDD company
- ICME company
If you think that you have an answer to your question about licensed trading companies then you are wrong, this answer is the short answer because the Forex market is a very huge market and is considered to be one of the most important investment markets in the world where daily Trading millions, you need to know what makes these companies the best out there.
How did we rank the most licensed and trusted trading companies?
The current research aims to identify the most licensed and reliable trading companies and the research method is based on the collection of 120+ data items to cover 100+ trading companies by Arrensen’s respected team and this was done through 3 methods :
Some websites that classify licensed forex companies
An opinion poll called “Poll 1”.
After collecting the data, the work team verified its validity by:
– Register with forex companies as a secret buyer or ARENSEN.
Questionnaire No. 2, with which we asked customers about these companies and presented their previous experiences.
We then assessed and ranked each company from Arrensen’s team of around 15 people. We were also interested in the most accurate rating of trading companies and their ranking from the best trading company to the lowest company in the rating, taking into account the different languages and operating systems for mobile applications such as Apple, Samsung and other phones.
To be more specific, we sent out a final survey called Survey #3, in which we allowed retail companies to rate our research. In the end we got lucky as we got a 9.9 out of 10! We have kept the error rate to a minimum of 1%.
Learn all the details to know the difference between licensed and unlicensed companies
The main objective of this article is to identify the licensed companies and the unlicensed companies as the trader must first select a trading company licensed by the regulators.
How to choose the best reliable trading company?
Choosing the best trading company is not easy as there are tens of thousands of forex trading companies in the market, some of which are guaranteed trading companies and some are not worthy of your trust. So, in the following points, we will help you to choose the best and most reliable trading companies. and licensed
General trading experience
Firstly, if you have experience in the Forex market, you can skip this paragraph. The Forex market is one of the global decentralized markets through which various currencies are traded. regardless of whether this price was determined by existing or fixed prices. In terms of trade value and liquidity, the Forex market is considered the largest financial market in the world with a daily trading volume of almost $6 trillion. The second financial market is the credit market. On the Forex market, work is 24 hours a day, 5 days a week, work is Monday through Friday, trading movements are suspended on international holidays and public holidays.
Trades in the forex market can be conducted over the Internet and the trader canow of stores make a lot of profit, since the method of online trading has become one of the simple and widespread methods in the recent past, especially with the emergence of a large number of the best online trading companies These companies offer a range of services to their customers such as via a mobile phone or a computer.
Learn the terms in the forex market
Spread: The spread is the difference between the bid and ask price of a given currency pair.
Lot: The lot is the number of currency units that a trader buys or sells.
Points: Points express the abbreviation of percent and these points are used to determine price changes that occur in currency pairs in the forex market.
Leverage: Financial leverage is the process of borrowing a specific amount of money needed to invest in a specific trading position.
In order to protect investors’ money, every trading company must be licensed by the specialized regulatory bodies that protect the trader from forex fraud by trading with a company that does not have licenses. Therefore, it is necessary to deal with the best currency trading companies that need to be licensed by the relevant authorities.
Who are the most reliable trading companies?
In short, companies are licensed by the bodiesThe main regulators in the market, where the regulators are government bodies whose primary role is to oversee and prosecute trading companies.