In case a forex broker provides high level of disclosure, we can highly evaluate the broker as transparent.
The disclosure information shows the brokers’ honest policy and their confidence. Through our review of many reliable brokers, we will pick up one big broker, Exness, which has the best disclosure rules as follows.
Transparent Disclosure of Exness
On the official website, Exness provides their financial information as follows. Through our review of forex brokers, we evaluate that Exness discloses the most detailed information on website.
2. Number of active clients
3. Client withdrawal amount
4. Partner rewords amount
5. Auditors’ Report
Also, Exness uploads their auditors report (Trading volumes and Funds amount) on the website as follows. Their auditor is Deloitte, one of biggest global audit firm called “Big4”.
In addition, Exness provides “Tick History” on the website. Tick history provides clients with information on the tick movements (Bid and Ask price) of currency pairs and other financial instruments over various time periods.
On official website, Exness mentions their philosophy as “Honesty and transparency are two of the company’s key governing principles.
Our conclusion is as follows.
Answer: Best forex broker provides the most transparent disclosure is “Exness”
Also, please refer to our review of Exness as follows.