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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?

 

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ActivTrades Launches Educational Center

 

Being a client-oriented regulated Forex broker, ActivTrades offers you the following strengths and benefits of trading Forex and other financial markets:

 


Over 50 currency pairs as well as precious metals, stock indices, commodities and stocks. All of them available through a truly powerful and globally recognized trading platfrom - MetaTrader 4 and/or MetaTrader5 (mobile versions are available as well).

Publication date: 12 September 08:45 AM

EURUSD: Euro Consolidates Close To 1.2920

 

The world's most popular currency pair which is EURUSD has been trading within the scope of a pretty wide price range (1.2858-1.2962) for 3 days in a row. While staying within the range, the common currency tried to strengthen against the US Dollar yesterday.
 

Publication date: 12 September 07:53 AM

GKFX's Renewed PAMM Service Generates Over 12% ROI Evert Week On Average

 

Most of the rookie traders and investors who make their first steps in the trading environment dream of trading big and generating considerable profits. Still, they lack trading experience and necessary skills to make their dreams come true but they still want to make money… Well, to tell you the truth, everything is not as bad as it used to be a decade ago. This is because more and more companies introduce and improve their PAMM services.
 
Publication date: 12 September 07:51 AM

EURUSD: Currency Pair Goes Flattish While Market Consolidates

 

The world's most popular currency pair which is EURUSD has been trading within the scope of a pretty wide price range (1.2858-1.2962) for 3 days in a row. While staying within the range, the common currency tried to strengthen against the US Dollar yesterday.
 
Publication date: 12 September 06:50 AM

Million Dollars to Skilful Hands 3 by Forex Trend. New Opportunities For Winning Traders

 
They say independence needs confidence while dependence requires hope. As a rule, successful people belong to the former group while most of people unfortunately belong to the latter one. Average people are constantly facing various deterrents and obstacles, including the dependency on the boss, constant income-related headaches, inflation, endless bills to be paid in time. Sometimes, bosses abuse their employees, forcing them to work overtime so as to not lose the promised premium or bounty.
 
Publication date: 12 September 05:28 AM

Euro Starts Friday From Gaining Value Against Dollar

The EU is ready to introduce another package of sanctions against the Russian Federation. The sanctions may influence negatively on the European economy, which may result on the common European currency losing even more of its value against the US Dollar.
 

Publication date: 11 September 07:14 AM

Forex. USD Index Consolidates Close To 84,52 High While Waiting For Major News

 

Today, on September, 11th, the US Dollar index reflecting the strength of the US Dollar against 6 other major currencies, is consolidating close to the local high of 84,52. The local high was set on September, 9th.
Publication date: 11 September 07:11 AM

EURUSD: Euro Consolidates Close To 1,29 VS US Dollar Amid New Sanctions Against Russia

 

The EU is ready to introduce another package of sanctions against the Russian Federation. The sanctions may influence negatively on the European economy, which may result on the common European currency losing even more of its value against the US Dollar.
 
Publication date: 11 September 04:30 AM

FinFX Introduces Signal Trader – Industry's Best Solution For Mirror Trading

 

Strengths: Why FinFX?
 
The Finnish Forex broker named FinFX can be considered a True ECN/DMA Broker. This status was earned by constantly following a distinct set of true values. FinFX's core values have definitely remained unchanged ever since the very moment the company was established. They can be divided into 3 categories. The first one has to do with reliability while the remaining to categories revolve around exclusively excellent trading conditions and true customer focus.
Publication date: 10 September 04:11 PM

EURUSD: Euro Stays Around 1.2930

 

The common European currency set an intraday high a 1.2957 yesterday. At the beginning of the European trading session, the currency pair retraced back to 1.2930. This is the price level the currency pair is currently trading around while tyring to consolidate.
 
Publication date: 10 September 07:12 AM