Frankfurt July Broker Review: This Broker Made the Ranking

BrokersView's July Frankfurt Review List is out, and IC Markets won the championship.

NO.1, IC Markets

IC Markets, the champion broker in July, was not on the list in June. However, it is the broker with the best execution price in July.It's 's average slippage of URUSD, GPBUSD and XAUUSD is +1.1, +5.8 and +0.5 points respectively.

And it excels in Trading Speed,Stability,Spreads and Swap Rates.IC Markets's average transaction speed is 190ms, and the best transaction speed is 141ms.The average spread on EURUSD, GPBUSD and XAUUSD is 0.3, 1.5 and 6.4 points respectively, which is better than 68% of brokers.

Its overnight interest rate is -3.69, -2.36 and -12.06USD/lot respectively, which is better than 65% of brokers.

NO.2, XM

The runner-up platform is XM, which rose from 5th place in June to 2nd place this month.It is July's BEST TRADING SWAP RATE BROKERS.Its overnight interest rate of URUSD, GPBUSD and XAUUSD is 0, 0 and 0 USD/lot respectively.

In addition, it is also excellent in three aspects: Stability,Liquidity and Execution Price.

The quote frequency of EURUSD, GPBUSD and XAUUSD is 69, 99 and 152 times/minute respectively, which is better than 71% of brokers;its average slippage on EURUSD, GPBUSD and XAUUSD is 0.7, 0.3 and -1.2 points respectively, which is better than 75% of brokers.

However, it does not perform well in terms of transaction speed.

NO.3, FxPro

The third place winner FxPro is the broker with the best trading liquidity in July.The quote frequency of EURUSD, GPBUSD and XAUUSD is 178, 258 and 331 times/minute respectively.

In addition, it also performs better in terms of trading speed and execution price.

FxPro's average transaction speed is 161ms, and the best transaction speed is 57ms, which is better than 89% of brokers.Its average slippage on EURUSD, GPBUSD and XAUUSD is 0.4, 0.4 and 0 points respectively, which is better than 82% of brokers.

However, it does not perform well in terms of stability,spreads and swap Rates.

Best Broker of July

BEST TRADING SPEED BROKERS：Swissquote

BEST TRADING STABILITY BROKERS：ThinkMarkets

BEST TRADING LIQUIDITY BROKERS：FxPro

BEST PRICE EXECUTION BROKERS：IC Markets

BEST TRADING SPREAD BROKERS：EightCap

BEST TRADING SWAP RATE BROKERS：XM

The brokers ranked 4 to 10 are Tickmill,FP Markets,Windsor Brokers,GO Markets,Decode Global,ACY Securities and CWG MARKETS.

These reviews provide insights for Frankfurt traders seeking reliable brokerage services tailored to their trading strategies and preferences. For more comprehensive review data, please check the BV Review column.