The team of professional analysts at the Traders Union (TU) prepared a list of the best forex trading apps in 2022 to help traders choose a reliable broker with low fees, functional trading platforms, and a variety of financial instruments.
The list of the best trading apps by TU | The best of the best in 2022
The Best Forex APP rating is available on the Traders Union website. It features eight companies that are best suited for beginners in the Forex and CFD markets in 2023.
The top 3 trading apps are as follows:
1st place — RoboForex;
2nd place — IC Markets;
3rd place — Exness.
The rating also features other international brokers: PocketOption, AMarkets, XM Group, Admiral Markets UK, and FBS. Each broker has a profile on the Traders Union portal with a detailed description of trading conditions, an analysis of advantages and disadvantages, instructions for opening an account, and reviews of real clients. By clicking on XM review, you can view an example of a broker profile with full information about the brokerage company.
Methodology for compiling a rating
Traders Union analysts always use one and the same algorithm to select the companies for ratings. The algorithm is based on a comprehensive evaluation: every broker is assessed using more than 100 criteria. Experts take into account the following:
- financial indicators of the company;
- reliability;
- level of security;
- trading conditions;
- customer support quality.
TU specialists also take into consideration the feedback from the broker’s clients. They analyze reviews published by traders in the company profile on the Traders Union website.
Analysts input data obtained in the course of the evaluation into a special program. The program calculates the final score for each broker and distributes positions in the rating.
Why hundreds of thousands of traders trust Traders Union ratings
There are several reasons why traders use the TU rating to select a trading app:
- they are compiled by professional analysts with extensive experience in market analysis;
- positions in the ratings are distributed after a comprehensive assessment of companies using a number of criteria;
- the lists are updated monthly, taking into account changes in terms of the use of brokers, improvement or deterioration of user reviews, and quality of the service provided by the company;
- Traders Union does not promote specific brokers; the objectivity of ratings remains a priority.
The Traders Union information portal has been operating for over 12 years. Its team consists of experienced analysts, authors, editors, lawyers, and customer support specialists. They all provide qualified assistance to traders and help them achieve success in the financial markets, including on Forex.
