Tue, 13 Mar 2012 08:09:00 +0400
News of forex broker rating. PAMM accounts have entered the lives of traders and investors suddenly and powerfully, as they managed to involve into work at forex market even those who… do not know how to trade here. Due to PAMM accounts, even those investors that are far from technical and fundamental analysis receive a very simple and clear way for their direct and often highly profitable investments: from the long list of best traders they are to choose the ones, whose results they find satisfactory and invest their means into his account. In such a case (provided that such warranty is given by a broker company) gained profit will be automatically distributed between trader and investor on a monthly basis.
Convenient? Certainly, yes. Honestly? Let us say that it is so in the majority of cases, although broker companies that suggest PAMM accounts may have a lot of nuances, and traders and investors may have different attitude to these DCs. So, who are the best brokers for forex investors? What are the peculiarities of their services and are there any differences between them? New rating of Masterforex-V Academy is supposed to give answers to these questions in the nomination “Best PAMM accounts of forex brokers in 2012”.
Simple principles of relations between traders and investors while working with PAMM accounts
PAMM (Percent Allocation Management Module) is a trading account consisting of one or several accounts, which is used by professional managing trader for forex or stock exchange trade, and to profit account of which any investor may add, enabling the managing trader to earn profit for himself and for investors.
Thus, if a managing trader
- earns profit, it is distributed among all investors of single PAMM account depending on their share in this account;
- trades at a loss, all investors of PAMM account lose money.
Managing trader gains his percent only from profit. Investor’s stop-loss limit (for example, 15%-25%) is set at the PAMM account of a broker company. If a managing trader experiences one loss after another, his trade will be stopped at the point of stop-loss or investor may withdraw his means much earlier.
Any investment is always accompanied by risk, explained in his interview to “Market Leader” Evgeny Olkhovski (Canada), well-known financial experts of Masterforex-V Academy. However, it is not a rare occurrence to see people that are to apt to risky transactions choose PAMM accounts and invest large sums in them, having believed in super profit and paying no attention to logics and common sense.
“However, one should remember,” continues Evgeny Olkhovski, “the higher is the promised profit from PAMM account, the higher is the risk of loss. Companies promising high profit with minimal risk are to be dealt with cautiously.
PAMM account is a highly risky investment. No loss can be guaranteed, as the account is managed by an ordinary trader, who is neither secured from losing operations. Therefore, nobody can guarantee high profit or secure from the loss of a part or even all invested means,” concluded the financial expert, “but there is a number of rules that are to be followed by any investor when investing into PAMM account.
The first rule concerns the choice of forex broker.”
Who are best and worst brokers providing PAMM accounts for forex market investors?
At present there are over 20 broker companies that suggest PAMM account to investors at forex market, as explained by Evgeny Olkhovski. He said that that Masterforex-V Academy has decided to help investors that are planning to invest in PAMM accounts and make them less risky by finding out the opinion of traders and investors about PAMM accounts of Forex brokers. For this purpose Academy is starting a new rating vote for “Best PAMM accounts of forex brokers”.
The table above shows brokers and DCs that are taking part in the new vote. Each contestant takes part in the general Forex broker rating of Masterforex-V Academy, where points on the left of each company’s logo serve as a basis for its starting points. At the top of the rating are five representatives of the higher league of forex broker rating: FIBO Group, ForexTrend, Dukascopy Bank SA, Alpari, and FX Open. They are followed by Grand Capital, FXDD, Lite Forex, ATC Brokers, FX Company, Instaforex, Ikon Group, Nord Markets, Tradex Capital, Hot Forex, EES FX ECN, and eForex. The table is closed by the brokers of the lower league, namely, ForexTime, Trading Point, FinFX, Axiory, and Broco.
The column to the right of the company’s logo shows total points received by a broker or a DC. Every vote "For" or "Against", which is given by a trader or investor to a broker company, raises or lowers the total number of starting points.
If a trader or an investor decides to take part in the rating for the Best PAMM account of forex broker, he is to undergo a simple free registration at Masterforex-V Academy forum. When the registration is over, one has to fill personal information into a special form. Such measure is taken to protect from voting more than once.
Three broker companies that gain least points, as well as those who gain no points at all, will automatically take part in Academy’s “Black rating” for “Anti-brand broker-of 2012”.
You can discuss, leave your feedback, or give recommendations about PAMM account of Forex brokers at Masterforex-V Academy forum for traders and investors in the section “Best PAMM accounts of forex brokers”.
“Market Leader” and Masterforex-V Trading Academy hold a questionnaire at Forex forum for traders and investors: in you opinion, PAMM service of which broker can be called the best?
■ leaders of Masterforex-V Academy rating of forex brokers ;
■ those who have positive feedbacks;
■ the service of PAMM accounts is not interesting for investments.
You are free to discuss this article here: forum for traders and investors
According to several online sources specializing in the U.S. energy sector, the amount of businesses in the U.S. energy sector that went bankrupt in 2015 increased all the way up to 13%. The sources rely on the results of the resent research conducted by Fitch. Back in 2014, the similar figures used to be under 2%. On top of that, the experts are sure that by the end of 2016, the amount of bankruptcies among U.S. energy companies is going to reach 20%.
Some representatives of the international expert community remind us that the Fed is going to go back to discussing the possibility of another interest rate hike in the near future. This discussion is going to take place during the forthcoming FOMC meeting in June. They say that the markets are wrong when expecting the same interest rate for the 4th month in a row.
Not so long ago, a representative of the Saudi King’s was reported to have introduced a new development plan for Saudi Arabia until the year of 2030. It is named Vision 2030. The plan reveals the local authorities’ intention to introduced some fundamental changes to the country’s economy and financial system. They are aware of the serious dependence on crude oil exports, which is why they want to reduce this exposure to the international market of crude oil by making the local economy more diverse and less dependent on the local oil industry, especially amid still low oil prices and great uncertainty dominating today’s financial markets in general and the global oil market in particular.
The members of the Fed’s FOMC left the key interest rate unchanged at 0,25%-0,5% during the latest meeting last week. This is confirmed by the FOMC meeting minutes. To be more specific, the minutes read that the information received since the March meeting clearly indicates that the contemporary labor market is definitely improving and recovering despite the likelihood of another economic slowdown in the USA.
According to Andrey Gudkov, an observer for Deutsche Welle, the oil games played by Saudi Arabia may present danger to Russia and the USA. The be more specific, the observer says that the Saudis are playing dangerous oil games. They have been playing similar games in security and politics. Now they are playing those in macroeconomics. For instance, it was Saudi Arabia who intentionally disrupted the recent oil summit in Doha. On top of that, the Saudis announced their intention to sell tons of U.S. bonds to a stunning amount of $750 billion. Such unexpected steps may undermine financial markets worldwide and eventually affect a number of major and emerging economies, including Russia and the USA.
Low oil prices undermined the status of the Suez Canal. They say most ships find it cheaper to sail around Africa rather than sailing through the Suez Canal. Some market observers believe that the oil market crash resulted in multiple consequences. On top of billions of dollars of lost profits by the world's biggest oil exporters, sailing around Africa is no said to be cheaper than saving time by passing through the Suez Canal.