13 January 04:02 AM

As you know, every client primarily wants to get only goods and services of adequate quality. Forex market players are no exception as their profits directly depend on the quality of service offered by broking companies. This means one has to trade through the best possible dealing center.
But how can it be selected? Some will ask their colleagues for advice, others use their intuition. However, the most appropriate way to find a reliable financial partner is to seek assistance of independent experts. It is they who can give an unbiased determination as to who is who in the currency market. What they only need is to find out what certificates and licenses the broking company has.
Take, for example, FOREX MMCIS group. As many as hundreds of thousands of its clients got convinced that this company offers really high-quality services. Most importantly, impeccable operations of FOREX MMCIS group have been appreciated by an independent authority - the Center for Regulation of Relations in Financial Markets (CRRFM).
The certification procedure involved submission of all licenses, permits and existing certificates. CRRFM considered all documents, scrutinized the broker's details and evaluated the quality of service it provides. As a result, on 1 November 2011 FOREX MMCIS group received a Gold Certificate of Conformity (CRF RU No. 0394 AA Vv0004).
It should be pointed out that the broking company should meet many requirements to be awarded the Gold Certificate by CRRFM, including its experience in the forex market - at least 5 years, the number of trading accounts - at least 6,000, registered clients - over 10,000, representative offices available in other countries etc.
If the broker fails to meet some criteria it can claim only the Silver or Bronze Certificate (or be denied a certificate altogether). But since FOREX MMCIS group meets the highest requirements, the Gold Certificate of Conformity was a deserved acknowledgement of the company's leadership status.
Market Leader analysts point out that the expert organization's opinion can be trusted 100% because CRRFM founders do not include broking companies or any other organizations that could lobby the interests of any party. All decisions to award certificates are made by the Center's Board made up of respectable economists, lawyers, bankers, independent forex market experts.
In addition, FOREX MMCIS group also holds one of the top places in the Forex Brokers' Rating of the Masterforex-V Academy and has made it to the Supreme league. Notably, criteria for listing in the Supreme League include national and regional certificates available to the broker. After the rating is updated, FOREX MMCIS group may well rise to higher positions. This is another proof that FOREX MMCIS group is a reliable partner for forex traders!
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Forex news.
Having delved into a range of sub-waves within narrowing correctional flat of h1 wave level at the beginning of the week, EURUSD currency pair is acting in a rather mysterious way at FOREX market. At the same time, one may seek for profit-making market trends at lower timeframes.
Forex news.
Negotiations of Finance Ministers of euro zone on the matter of “final” approval of Greek support package to Greek has lasted for over 12 hours. By 7 a.m. Moscow time the decision has been made. The second, 130 billion euro, support package has been assigned to the country. Greek Prime Minister Lucas Papademos has called this occasion “historic”.
Forex news.
Not waiting for the start of European trading session at FOREX market, EURUSD currency pair has jumped 100 points up to the point of 1.3293, having exceeded yesterday’s local maximum. This has proved the high inertness of price and adherence to the trend.
At the same time, timeframes from m5 to h1 give signals of the possible termination of rising trend in the nearest future. The period of the session currently shows a combination of waves "А" and "В" of m15 level. From the point of view of traders, profit-making falling wave "С" would be desirable in the nearest future.