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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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Dealers clarified criteria of money-making exchange on Forex market

All Junior Forex merchants firstly consider how to take in succeed in getting cash on Forex legitimately and rapidly. How to do it in reality? When it’s all said and done, it is inconceivable for a merchant to get custom curriculum at the organization, while the course for merchants is not included in school program, however, despite this, it is obliged a lot of information for the correct and productive operation of the primary trades. To tell the truth, Forex examining takes quite a while on the grounds that notwithstanding hypothetical learning, the junior merchant additionally needs to have a ton of practice to begin to feel sure when offering. It would appear for taking in figure out how to exchange on the Forex market, and to accept benefit, in the meantime it could be only done with honing and taking in by errors, unless the time until a junior does not create his diagram and exchanging style.  

Publication date: 23 April 11:01 AM

So multifaceted STCT…

Getting into a shut discussion of Masterforex-V Foundation, newcomers are frequently lost: such a wealth of sub-discussions, extensions, twigs, headings! Also all over - unexplored store of data ... Where to begin, where to move, where is the Sacred Chalice?  

Publication date: 22 April 10:16 AM

NordFX Launches New Services – Trading Signals

Publication date: 22 April 09:48 AM

Skopalino Finance ForexTrend Gets Major EU Licenses

 

Feeling safe is important, especially when it comes to financial markets. A trader or investor should feel safe in order to succeed in trading and to show consistent results. In other words, this is some kind of fuel for your vehicle of success.
 
Publication date: 22 April 06:05 AM

Instructions to exchange on Forex with a high precision

How about we firstly answer the inquiry: What is the distinction between specialized dissection and exchanging procedure?  

Publication date: 21 April 01:08 AM

Who is the perfect dealer?

At long last, we got to the most imperative inquiry so who is the ideal broker? - From the point of view of the brain science purpose.  

Publication date: 21 April 12:45 AM

Dollar's rate in the USA is developing against Canadian Dollar because of the negative information after construction, as is commonly said in Optionova

As of late, the big amounts of funders are hopeful about the prospects for the improvement of the Canadian Economy. Nearby business visionaries additionally imparted these suppositions. 

Publication date: 21 April 12:33 AM

Optionova: Binary Options For Forex Traders

Apparently, the global economy is currently having a hard time recovering and growing, especially amid global economic, political and financial instability coupled with crises and recessions. Daily stresses and risks, info wars, rules and regulations imposed by financial watchdogs and rating agencies…

 
More and more people around the globe understand that bank deposits cannot be considered a solution. They keep looking for new ways of generating extra income and secure their savings against inflation.
Publication date: 19 April 06:26 AM

Seven deadlocks of Dealer

Individuals are not conceived as fruitful brokers. This takes numerous years of diligent work and changes toward oneself. While it is irrefutable - a few parts of identity can help accomplishments, proficient and fiscal triumph, yet numerous handy qualities, individuals only need to update without anyone else's input. Experts of the DVFA Exchanging Institute office and stock exchanging Masterforex-V note that on the best approach to turn into an Expert Merchant, you can confront numerous tests. In the event that you don't think about them, you can basically get stuck and regardless of what Titanic endeavors you put later on - victory will stay far from you. 

Publication date: 18 April 12:53 PM

EURUSD Outlook

 

The Euro is up by 0,03% against the US Dollar on Friday. The increase took place from the low of the day located at 1.3808 up to 1.3814. Apparently, the currency pair is trading within a fairly narrow range since traders seem unwilling to trade big today and are reducing exposure in advance of the weekend. The current trading range is between 1.3808 and 1.3821.
 
Publication date: 18 April 11:21 AM