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Monday, 2 May 15:23 (GMT -05:00)



Foreign exchange market

ForexTrend and Alpari: World Leaders In Terms Of PAMM Services


PAMM Services are considered the most prestigious and profitable niche in the broking industry. A couple of months ago Masterforex-V Academy started its new rating - Best PAMM Broker 2012. It is time to look at the interim results to find out who are the frontrunners and outsiders of the rating.
 
Masterforex-V Academy’s PAMM Rating: 2 frontrunners and 14 outsiders
 
So far, over 15.000 traders cast their votes. The results look as follows:
 
 
Masterforex-V Academy’s jury board commented on the results, saying that it is possible to single out 3 groups of PAMM Brokers:
 
1.       2 broking companies – ForexTrend and Alpari. They have been showing outstanding performance from the very beginning and are likely to remain the leaders of the rating.
2.       6 other broking companies - Dukascopy, FIBO Group, FXOpen, LiteForex, Grand Capital, FXDD. They have confidently entered the PAMM service industry but need further improvement to become major PAMM brokers.
3.       The 3rd group counts 14 brokers. These are mere outsiders.
 
ForexTrend and Alpari’s leadership: coincidence or natural outcome?
 
According to Eugene Olkhovsky, Masterforex-V Academy’s Canadian expert, nothing is accidental in this world.
Firstly, ForexTrend and Alpari became the leaders because they managed to find a suitable market niche. In particular, Alpari was one of those broking companies that introduced PAMM services. ForexTrend is currently the leader in terms of innovation in the niche (PAMM 2, PAMM index, demo-contest for PAMM traders with cash prizes etc). For more details, please, read the article called “PAMM Index: Secrets Of New Possibilities For Investors
 
Secondly, it is about ForexTrend and Alpari ’s efficient PR campaigns, which consolidated the brokers’ positions in the industry. If to look at the Yandex stats, we will see that 90% of the PAMM-related news were released by these companies:
- ForexTrend 70;
 - Alpari 11;
 - FXОpen 5.
 
 
If to analyze the data given in the table above, it becomes clear which broking companies will further consolidate their positions in the PAMM niche. What about other brokers?
 
5 brokers are currently seeing no significant progress in their PAMM services:
Dukascopy, FIBO Group, LiteForex, Grand Capital, FXDD certainly lack efficient PR campaigns to catch up with the PAMM leaders:
 
 
Amid tough competition, it is not enough to just render high-quality services. It is necessary to promote them as well. As for other brokers, they probably hope they are so popular among traders that they don’t need any promotion. However, Masterforex Academy‘s “Best PAMM Broker 2012” rating showed the opposite.
 
What 14 brokers are mere outsiders in the PAMM industry?
 
 
At this point, these brokers don’t have a chance to enter the top of the rating for a number of reasons:
·         No efficient PR campaign.
·         No innovation services and no specific niche in the industry to fill. Eugene Olkhovsky made a phone call to 3 brokers to find out what is the difference between their PAMM services and their rivals’ PAMM services. Ridiculous as it may seem, their managers don’t know the difference. Do you believe these brokers can become the leaders in the PAMM industry?
·         Negative client feedback. Most of them have negative client feedback. Some of them - Broco, InstaForex, Ikon Group - were put on Masterforex-V Academy’s black list of Forex brokers.
 
It appears that these broking companies need cardinal changes to stay afloat. They need to change their attitude towards PAMM services. It is especially true of Broco. The company was deprived of its licenses, lost a legal action… but keeps offering investors its PAMM services.
 
Which brokers offer the most popular PAMM services?
 
In order to find it out, Masterforex-V Academy experts decided to sum up traders and investor’s votes. So far, the open voting has shown the following results:
Alpari - 1142 votes, FXopen - 1102, ForexTrend – 1043 and Dukascopy Bank SA - 979:
 
 
These 4 broking companies seem to be fairly popular among Forex traders and investors. Each of them belongs to the Ultimate League of Masterforex-V Academy’s rating of Forex brokers (the rating is based on 20 independent criteria).
 
Who will become the “Best PAMM Broker 2012”?
 
So, far it’s been only 6 weeks since the voting started. It is still a plenty of time to cast your vote. Brokers still have enough time to try to improve their standings in the rating. Therefore, any trader or investor is welcome to participate in the open voting on Masterforex-V Academy’s official website.
 
Market Leader and Masterforex-V Academy would appreciate if you could participate in a survey. Please, visit the Academy’s forum for traders and investors and answer the following question:
 
Which broker can offer the best PAMM service?

 

You are free to discuss this article here:   forum for traders and investors

 

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Active Investor: Over 1000 Traders Cannot Be Wrong. Test Drive Still Underway.

In April 2016, Masterforex-V Academy continued the test drive of PrivateFX’s PAMM accounts. Active Investor has also been in focus since day one. The solution claims to let the investor both invest in the chosen PAMM accounts and auto copy the trades open by some of the best managing traders available out there.
Publication date: 29 April 07:46 AM

PrimeTime Finance on Binary Options

Not so long ago, we witnessed a scandal in the binary options industry. The thing is, the CSA, Canada’s financial regulator, blacklisted 37 binary options brokers. The regulator backed its decision by the fact that multiple violations were found as the result of a complex audit. The list of violations includes cases of non-payments, account blocking etc.

Publication date: 28 April 01:55 PM

Forex. EURUSD

According to the recent report released by Ifo, the level of business confidence in Germany decreased in April 2016. The researchers say that the decrease was conditioned by worse economic prospects.
 
Publication date: 27 April 06:57 PM

SFX Trade Leaders Pro – First Team Trading Software for FX Traders and Investors

When trading Forex, the world’s biggest financial market with over 5 trillion dollars of daily turnover, you have to compete with millions of other trader and investors out there. That’s why you need a whole lit of advantages to succeed in this highly competitive business. The list includes, skills, expertise, decent brokers and innovative solutions like cutting-edge trading software. These are some of the cornerstones of success in trading FX.

Publication date: 27 April 10:29 AM

FXTM Introduces Brand-New Type of FX Live Accounts

Many FX brokers out there offer their clients something beyond trading currencies. I mean, they offer other assets to trade, including derivatives on such underlying assets as stocks indexes and commodities via MT4 or other trading software. However, the thing is that not all of them provide their traders with true quotes for stocks, metals, indexes, and commodities.

 

 
Publication date: 27 April 08:04 AM

Has Failure of Doha Meeting been Orchestrated?

According to some experts, the failure of the recent meeting of representatives from oil-producing countries in Doha could have been orchestrated. The “Market Leader” has delved into the issue in order to understand who could have staged such performance in the capital of Qatar.
 
Publication date: 27 April 07:17 AM

Social Trading with eToro – Revolution in Financial Markets

Social trading is a relatively new phenomenon in financial markets. Still, its getting more and more popular with the international trading community. Experts call it a universal and efficient way of trading financial markets backing increased financial performance and reducing market risks.
 
Publication date: 26 April 06:06 PM

PrivateFX Names TOP 5 PAMM Accounts

PAMM investing is one of the best and most profitable ways to invest in Forex at relatively low risk. Still, most beginning investors out there have a hard time choosing a suitable PAMM account to invest in. Some of those PAMM managers may apply aggressive risk management and risky strategies for the sake of higher profits. Apparently, this may lead to considerable drawdowns at times while some investors don’t have such risk tolerance to bear with it. On the other hand, some traders may apply conservative strategies for the sake of stability, thereby sacrificing high profitability. Anyways, there are various kinds of investors out there. Yet, there are certain kinds of PAMM accounts for all of them. That’s why PrivateFX let’s you monitor various readings for the entire period since day one as well as for the past trading week. This holds true for profitability, drawdowns etc. Analyzing and comparing those data cannot be underestimated in terms of choosing which PAMM account to go with.

Publication date: 25 April 01:58 PM

Masterforex-V EXPO: Best Binary Options Brokers. April 2016

Binary options are the kind of derivatives that can either make you lose the entire investment or let you win the amount of money close to or equal to 100% depending on the binary broker you trade with. These are all-or-nothing investments. The risk and the potential reward are known even before you open a trade. This is one of the key reasons why binary options are still getting more and more popular worldwide. With that being said, you may calculate the amount of winning trades versus losing trades you need to break even or to start profiting from your trading activities.

 

 
Publication date: 24 April 07:04 PM

Forex: U.S. Dollar Goes Weak Amid U.S. Industrial Production Figures

According to the recent report released by the Federal Reserve, the U.S. industrial production slowed down as of March 2016. The drop amounted to 0.6% over the reporting period relative to the previous one, which is February 2016. At the same time those who were interviewed by Bloomberg had expected the industrial production to drop by no more than 0.1%.

Publication date: 24 April 03:52 PM