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Tuesday, 31 March 14:03 (GMT -05:00)


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Foreign exchange market

Masterforex-V Academy’s Rating of ECN Brokers: Who Are The Leaders?


 

ECN trading is getting more and more popular with Forex traders around the world. ECN traders get lots of benefits including the genuine interbank liquidity, absence of re-quotes and almost instant execution.
 
The reason is simple: ECN brokers don’t act as counteragents. They make money by charging their clients with commissions and fees for executing orders through their liquidity suppliers (major banks). Therefore, ECN brokers are not interested in their clients’ losses. They are interested in cooperating with successful traders.

 

 

 

 
FxOpen And Alpari: World’s Best ECN brokers.
 
So far, Masterforex-V Academy’s rating called “Best ECN Broker” has defined 2 frontrunners – FxOpen and Alpari.
As of today, over 30K traders have participated in the voting. The chart looks as follows:
 

 

 

Masterforex-V Academy’s Rating Of ECN Brokers
 
The chart below shows that there are several groups of brokers:
 

 

 

 

The Top 3 includes FxOpen, Alpari and Nord FX. The gap between them and the runners-up is widening. Yet, this is not accidental:
·         Alpari and Nord FX have become the frontrunners due to efficient PR campaigns and high quality dealing (in 2011 Nord FX was recognized the world’s best broker in terms of dealing).
·         FxOpen’s strong point is innovation ideas for beginners and professionals:
1.       The lowest spreads among ECN brokers (Which ECN Forex Brokers Has Lowest Spreads? )
2.       Exclusive offers for amateurs and professionals (FxOpen Introduces Free No-Deposit $1000 Promo For Successful Traders! )
3.       FxOpen has the best balance between FOR and AGAINST = +1387 (1724-337), Alpari’s one is +1273 (1752-479), Nord FX’s one is +1075 (1517-442).
 
 The next 3 broking companies are runners-up - FIBO Group, ForexTrend and FX Clearing:
They managed to earn 1K+ rating points, thus showing relatively stable results from the very start of the voting. The gap between them and the group of "mediocre” brokers is widening as well.
 

 

 

 

 

 
The group of “mediocre” ECN brokers with a positive balance of votes include Grand Capital, FxPro Group Lt., FXCC, Manors Group Broker, Hotspot FX, YouTradeFX, MRC Markets, Hantec Markets. These brokers are still far from being among the frontrunners.
 

 

 

 

 

 
Out of the mentioned group, Manors Group Broker deserves special attention. This is a young and promising broking company. The company strives to provide high-quality and exclusive services for their clients. That is why it is among the best in Masterforex-V Academy’s rating of Forex brokers .
 
Now let’s talks about mere outsiders: Deltastock, FinFx, Instaforex, Sunbird, 4XP, FinFX, Ajax Financial.
 

 

 

 

According to Masterforex-V Academy experts, it is not accidental that these brokers have found themselves among the outsiders of the ECN rating.
 
There are 2 reasons:
1.       Inefficient PR campaigns, which result in fewer clients (Deltastock, FinFx, Sunbird, 4XP, FinFX, Ajax Financial).
2.       Negative client feedback because of poor-quality dealing or other negative factors (for example, InstaForex).
 
Prospects of ECN trading through brokers’ eyes:
 
According to FxOpen (the leading ECN broker in Masterforex-V Academy’s rating of Forex brokers ). The ECN market will grow and oust conventional brokers as the latter won’t be able to compete. Moreover, ECN services will improve. For example, the minimal lot (now it is $10000) will be reduced down to $1000 (or 0.01 standard lot). Spreads will be much tighter as well, both for major, exotic currencies and cross-pairs. So, even with commissions, ECN trading will be much more beneficial.
 
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:
 
In your opinion, why are ECN brokers getting more and more popular among Forex traders?

 

 

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