BV Assessment Singapore November List Comes: Who performed best?

In November's BrokersView assessment, AUS Global topped the list of 27 brokers based on its strong performance across key trading factors, including trading speed, execution price, stability, liquidity, spreads, and swap rates. Tickmill and IC Markets followed in second and third place, respectively, with notable performances in specific areas.

NO.1 AUS Global

The winner in November was AUS Global, which performed well in six categories.AUS Global's Stability and Spreads performance are excellent, both ranked first.AUS Global's Avg daily disconnections times is 0. The average spread on EURUSD, GPBUSD and XAUUSD was 2.3, 8.1 and 5.9 point.

In terms of trading speed, AUS Global's average trading speed of 274ms and the fastest transaction speed of 207ms, ranking second ​in this item, better than 93% of brokers.Their overnight interest in EURUSD, GPBUSD and XAUUSD was -0.88, -1.12 and -15.94 USD/lot respectively, ranking fifth.AUS Global's Avg Slippage point on EURUSD, GPBUSD and XAUUSD is +0.3, -0.3 and 9.9 point, better than 77.8% of brokers.AUS Global's Avg. quoting freq. on EURUSD, GPBUSD and XAUUSD is 97, 110, 217times/min, ranking seventh, better than 74% of brokers.

NO.2 Tickmill

Runner-up Tickmill performed well in five categories: Execution Price, Stability, Spreads, Liquidity and Swap Rates.Tickmill's execution price on EURUSD, GPBUSD and XAUUSD is 2, 0.7 and 2 point, it ranks first. And it's Avg daily disconnections times is 0.

The average spread on EURUSD, GPBUSD and XAUUSD was 1, 3.4 and 9 points respectively, which was ranking sixth, better than 77.8% of brokers.Its liquidity ranks fifth, Tickmill's Avg. quoting freq in EURUSD, GBPUSD and XAUUSD was 87, 229 and 185times/min respectively, better than 81.5% of brokers.Tickmill's swap rates for EURUSD, GPBUSD and XAUUSD are -3.29, -3.06 and -11.66 USD/lot, respectively, ranking eighth.

Its trading speed fared slightly worse.

NO.3 IC Markets

Third place IC Markets was performs well in terms of Execution Price, spreads and swap rates.Its execution price on EURUSD, GPBUSD and XAUUSD is +7, +12.3 and 1.7 point, ranking first.

In terms of spread, IC Markets' average spread on EURUSD, GPBUSD and XAUUSD is 0.6, 2.6 and 7.7 points respectively, ranking second in the category and outperforming 93% of brokers.IC Markets' swap rates for EURUSD, GPBUSD and XAUUSD are -3.69, -2.36 and -12.06 USD/lot respectively, ranking sixth.In terms of trading speed, IC Markets' average trading speed of 364ms and the fastest transaction speed of 278ms, ranking tenth.

Its performance in Trading Speed, Stability and Liquidity is poor.

The brokers ranked 4 to 10 are DLSM, Decode Global, DBG Markets, FxPro, Anzo Capital, EightCap, and ACY Securities.

Among them, Swissquote was rated as the best trading speed broker, AUS Global was rated as the best trading stability broker, FxPro was rated as the best trading liquidity broker, Tickmill was rated as the best price execution broker, AUS Global was rated as the best spread broker, and Doo Prime was rated as the best swap rates broker.

In summary, these evaluation results provide valuable references for investors in Singapore to choose forex brokers.

Investors should consider their respective trading needs and priorities when choosing to ensure a long-term partnership with the broker that best suits their trading strategy. For more comprehensive evaluation data, please check the BV assessment colum.