RoboForex, PocketOption, Named Among the Most Trusted Forex Brokers in 2023 by Traders Union

RoboForex, PocketOption

Among the top spot earners are RoboForex and Pocket Option, which received the highest scores during the period.

Other significant players include Tickmill, Exness, AAFX, VantageFX, Forex4You, AMarkets, XM Group, and OctaFX, which all generated impressive scores above 9.0.

Traders Union experts evaluated the top ten Forex broker firms based on a crafted TU Methodology, which analyzes each platform using 100 evaluation criteria across five basic categories, including financial standing, reliability, safety, trading conditions, and service work.

TU analysts have also conducted broker test drives, which include personal account registration and withdrawal testing for earned profit to ensure the reliability of their judgment.

According to the methodology, brokerage firms that scored between 8.0 to 10.0 are considered reliable companies, and Traders Union experts would willingly open and fund an account without hesitation on these sites, considering broader market conditions are favorable.

RoboForex, a brokerage company with 14 years of experience in the finance industry, emerged as the most trusted Forex broker in 2023, with an overall score of 9.78. It bested 351 other companies evaluated using the same metrics, driven by its commendable user satisfaction rate and lucrative commission and fees.

Pocket Option company followed closely with a score of 9.71. Among the highlighted factors that put it on the top spot are the fast verification process, availability of educational materials, and access to a demo account.

TickMill, Exness, and AAFX trailed with overall scores of 9.64, 9.57, and 9.50, respectively. The platforms offer an extensive list of currency trading pairs and flexible trading conditions.

Others that made the Top 10 Most Trusted Forex Brokers list are VantageFX, Forex4You, AMarkets, XM Group, and OctaFX, all showing impressive finance and safety records.

Traders Union is one of the most trusted finance portals in the space since 2010. It is committed to providing complete and unbiased reviews of international Forex brokers to increase traders' profitability.