Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Monday, 27 February 10:49 (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

 

Add to blog
Got a question? – Ask it here »
 

PrivateFX, Masterforex-V Academy and PRO-rebate Launch PAMM Trading Contest

The trading year started without any major events. There is nothing to be surprised about given the fact that financial markets are really afraid of unpredictable Donald Trump who has been making controversial statements and changing his mind from time to time, thereby triggering ups and downs in financial markets. These days, it’s rather difficult to predict the market and follow the trend even if you are an advanced trader with many years of expertise and excellent tools under your belt. The question is whether it’s really possible to benefit from Forex without being pegged to international events.

Publication date: 23 February 05:25 AM

Greek Economy Starts Growing

Last Friday, Pierre Moscovici, who is the European Commissioner for Economic and Financial Affairs, Taxation and Customs, visited Athens to discuss with the Greek government the report on the situation with the Greek debt to the international lenders.

Publication date: 22 February 11:58 AM

Investors Recognize PrivateFX World’s Best PAMM Broker 2016

Investing in Forex is probably one of the most promising ways to make money in passive mode. If you are cooperating with a reliable broker, and your managing trader is interested in making money on mutually beneficial terms, often times you can get a weekly profit, which is going to be bigger than the interest rates paid you annually as a bank depositor. This holds especially true for PAMM investments, which are the best options to make money in financial markets in passive mode.

Publication date: 16 February 08:02 AM

Pro-rebate.com: 17-20% of Profit Made by Auto-Copying Masterforex-V’s 5 Best Traders

In January 2017, those who invested in Masterforex-V Academy’s best traders by copying their trades in auto mode set a new record, pro-rebate.com experts report. To be more specific, the 60 best traders collectively made over 82000 points of profit. The top 10 traders made 8059 points pf the mentioned profit.
 
Publication date: 15 February 04:27 AM

Masterforex-V Club’s «PrivateFX №1» Portfolio Recovers By 1,25% More

The good times are going back. Over 2 trading weeks ended in early February, PrivateFX №1 recovered by 186,77 dollars or 1,25%. Could they have generated more money for their investors? Sure, but stability is the core value. For those of you who don’t know, PrivateFX №1 has been showing consistent profits for over 3 months in a row.

Publication date: 14 February 01:58 PM

Trading Signals by Dukascopy 14.02.2017

These are the Main Daily Trading Signals for Tuesday. Here's how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar sees 5 neutral models in the short-term. The mid-term is split between red and neutral models, and the daily outlook turns red with 6 studies, but the interbank is neutral at less than 2% short, and it matches the 1-hour models.

Publication date: 14 February 08:04 AM

Trading Signals by Dukascopy 13.02.2017

It's time for this week's first Main Daily Trading Signals. Here's how the interbank compares with the technicals at 8 AM GMT.
First up is the Euro/Dollar with 4 neutral models in the short-term. The mid-term is split between red and neutral studies, and the daily outlook brings 6 sell prompts, but, in contrast, the interbank is neutral at less than 2% short.

Publication date: 13 February 09:07 AM

Trading Signals by Dukascopy 10.02.2017

You're watching the Main Daily Trading Signals for Friday. Here's how the interbank compares with the technicals at 8 AM GMT.
Euro/Dollar has bearish models prevailing across the table, with 7 in the short-term and 6 in both the mid and long-term, but, in contrast, the interbank is neutral at less than 2% long.

Publication date: 10 February 08:07 AM

Trading Signals by Dukascopy 09.02.2017

These are the Main Daily Trading Signals for Thursday. Here's how the interbank lines up with the technicals at 8 AM GMT.
Bearish signals prevail on Euro/Dollar's hourly chart. The mid-term brings 4 neutral indicators, and the daily outlook is split between red and neutral models. Neutral at less than 6% long, the interbank matches the 4-hour studies.

Publication date: 09 February 10:22 AM

Binary Options. Their Advantages Over Forex

If you have been trying to get rich online, you have probably heard and even tried binary options. Still, most of those who tried binary options in the past, don’t actually understand what they really are and how to trade them properly for a living.
 

 

Experts say that binary options have a number of advantages over Forex or some other conventional financial markets. Binary options are an improved version of conventional assets like currency pairs traded by Forex traders.
Publication date: 06 February 06:53 AM