What makes this win special and unique is that instead of letting an exclusive panel choose, CompareShares thought it best to let the weight of numbers decide the list of the best brokers across the various categories all based on traders� recommendations. In short, traders determined this year抯 winners.
Taking out the top spots this year were those online brokers that fostered trust and loyalty amongst their client base, who offered trading platforms that were fast and reliable and who offered brokerage at competitive rates.
Taking out the number one spot in CFDs, MF Global has been ranked the best CFD provider in the CompareShares Traders� Choice Awards.
Richard Avery-Wright, Head of CFDs at MF Global says that its clients like to see their bids and offers appear in the underlying market. "It helps to keep frictional costs, such as slippage to a minimum, which in turn makes it much easier for the client to profit from their directional views."
The winner of the Best Futures Broker by CompareShares users is BrokerOne, now owned by MF Global. With the acquisition of BrokerOne, MF Global is now the biggest futures broker in Australia � representing the biggest single liquidity pool on the SFE - which probably goes some way to explaining why CompareShares traders have voted it number one in this year抯 Traders� Choice Awards.
MF Global would therefore like to thank all of our customers that took the time to independently vote for your favourite broker. We thank you for your continued support and look forward to another prosperous year in 2008.
