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BrokersView's April Review Data For Singapore Released: Which Brokers Are More Trusted?

2024-05-08 Brokersview

BrokersView records solid trade orders from 28 brokers for a consecutive month, and the April test results have been published. Let's see, which brokers come out on top? What are the advantages of these great brokers?

 

 

NO.1 FP Markets


FP Markets is the top broker in the Singapore market for three consecutive months. Throughout April, the performance of FP Markets across all markets has been excellent. Among the three major Markets evaluated by BV - Singapore, Dubai and Frankfurt - FP Markets are the champions.


In the Singapore market, it won the crown of best trading speed and best liquidity broker in April.

 

NO.2 Tickmill


Tickmill, runner-up, has moved up two places since March. It ranks in the top 10 out of 28 brokers in the performance of both the overnight interest and strike price indicators, especially the strike price, with Tickmill ranking first. The average slip point for EURUSD is only -0.5 points, the average slip point for GPBUSD is +0.3 points, and the average slip point for XAUUSD is +3.7 points.

 

NO.3 GO Markets


GO Markets retained third place in Singapore. Its better performance indicators are: trading speed, stability, liquidity, strike price and overnight interest, all five of which are in the top 10.


Liquidity dropped from the March championship to third place, but still performed well, with quotes per minute of 87 in EURUSD, 123 in GPBUSD and 199 in XAUUSD.

 

In addition, seven other brokers with excellent review data included XM, Decode Global, Alpari International, IC Markets, EightCap, ACY Securities and ThinkMarkets. Among them, XM is the "Best Broker for Overnight Interest" and Alpari International is the "most Stable Broker".If you want to see individual benchmarks for other brokers, check out the BV Assessment section on the BrokersView website.

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