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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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Forex-Market Launches «YES!» Trading Contest

 

Trading contests have become a common thing in today’s Forex industry. Almost every broking company out there offers its own contests with decent prizes. Still, some of them are one-time contests while few brokers actually conduct trading contests on a regular basis. Some of them are short-term while others last form months. This may be announcing at times.

Publication date: 30 March 12:29 PM

Hantec Markets: 20 Years of Expertise at the Expense of Transparency and Clients’ Trust

You don’t have to take our words for granted. Just believe what you can see! This is what Hantec Markets suggests doing. Indeed, transparency is one of the cornerstone of successful Forex business, especially if it is coupled with tough regulation. As for Hantec Markets, the broker is licensed and regulated by the FCA (UK), one of the most respected financial regulators in the world.

Publication date: 30 March 08:25 AM

FBS Celebrates 6th Anniversary

Undoubtedly, for the sake of belonging to the industry's best amid severe competition, Forex companies certainly have to keep coming up with innovative ideas and revolutionary solutions along with constantly working on their products and services. At the same time, their trading conditions need to be nearly perfect in order to stay competitive these days. They just have no other option but to become truly client-oriented brokers if they do want to flourish in the future.

Publication date: 30 March 03:35 AM

Company YA-HI.com Tells How to Make Money from GAPs

 

At the opening of trading sessions on Monday we often see that quotations of currency pairs leap from one side to another, immediately forming rather serious gaps in comparison to values of Friday closing. Such leaps at stock exchanges are called GAPs. A GAP literally means a “leap”. Experts of Forex market told us why such occurences happen and whether one can make money from this.
Publication date: 28 March 05:40 PM

Masterforex-V EXPO Names Best Binary Brokers in March 2015

 

First of all, binary options are a specific kind of fixed-risk and fixed-income investing. Depending on whether the prediction manifests itself or not on expiration, you get all or nothing. Apparently, there are many kinds of binary options available for trading today. Hover, this applies to all of them. With binary options, you don’t have to buy the underlying asset. You just need to predict the direction of the price move. This kind of investing in financial markets is an excellent option for beginning traders. Binary options are way simpler and easier to trade, which means it is more suitable for rookies. Well, it doesn’t mean advance traders should avoid it like the plague. On the contrary, they may benefit from binary options as well, especially if they trade binary options on they favorite underlying assets.

Publication date: 27 March 09:02 AM

Beneficial Forex Trading with Forex-Market

 

The international Forex industry welcomes another excellent bonus from the Forex-Market company. In particular, the company offers a 70% bonus if you move from another broker to Forex-Market.

Publication date: 26 March 04:43 AM

Largest Forex Broker in Russia Alpari Registers 1,000,000th Client

 

These days a historical event happened at Russian Forex market – largest Forex broker in Russiaand CIS Alpari has officially registered a millionth client. Therefore, the company has set another record, which, judging by dynamics of its development, will not be beaten soon by its rivals.
 
Publication date: 25 March 12:16 PM

FBS - Best Forex Bonus and Affiliate Program 2014

What makes the industry’s best representatives stand out from the crowd of other average counterparts? Yes, you are right! It is all about progress, professionalism, stability, efficiency and flexibility.

Publication date: 25 March 09:08 AM

ForexTrend Launches New PAMM Index Named Prize3

At this point, PAMM Indexes by Forex Trend seem to have reached unprecedented popularity. It is not accidental since no other conventional and pretty much innovative investment solution can be compared to PAMM indexes in terms of both profitability and risk. The risk is extremely low while the profitability does amaze most of the time by outperforming U.S. stock indexes and other conventional assets, not to mention bonds and bank deposits.

Publication date: 24 March 09:56 AM

FBS on benefits of CFD Trading for Forex Traders

Today, when prices are going up while the purchasing power of salaries is going the opposite way, the question of how to sustain yourself and your family becomes more and more urgent for most people all around the world. Some people try to make extra money by depositing their savings with various banks while others try some risky investments and mostly fail, thereby losing their money. At the same time, the most reliable conventional investments like purchasing bonds or making bank deposits bring tiny yields which can barely cover inflation. This forces some people to go online in order to find some decent alternatives…

Publication date: 24 March 08:21 AM