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Sunday, 4 December 04:08 (GMT -05:00)



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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Masterforex-V Club’s «PrivateFX №1» Portfolio. 4 out of 5 Traders Make Profit

The investment portfolio is recovering slowly but surely. Even though the profitability is miles away from the green zone, we are confident that reaching the area is just a matter of time. For those of you who don’t know, Paramon saw a major drawdown a couple of weeks ago, which resulted in a nearly 14% drawdown for the entire portfolio. Since then, the portfolio recovered a little bit.

 

 

 

Publication date: 30 November 04:52 PM

Vipro Markets: FX Broker For Successful Traders

Obviously, any trader wants to work with a reliable, respected broker. Vipro Markets is one of such companies. Vipro Markets stands out from the crowd for a number of reasons. The key principle Vipro Markets has been guided by is working for the client’s benefit.
 
Publication date: 29 November 03:27 AM

FXTM: What Do Forex Traders and a Legendary Base Jumper Have in Common?

In all fields of human activity, a strong character separates the best from the rest. This holds especially true for sports and even financial markets, including Forex. Is even correct to compare those completely different fields of human activity? Do they have anything in common? Well, a strong character, strength of mind, and willpower are what we are looking for in this case. Those things are shared by both professional sportsmen and traders. Each victory is a huge step towards changing your destiny for the better.  And we are the only one responsible for that…

 

 
Publication date: 28 November 04:57 PM

Masterforex-V Club’s «PrivateFX №1» Portfolio Starts Recovering

When things go bad, even the smallest victory turns into a big one and gives hope. The same holds true for Masteforex-V Club investors who invested in the PrivateFX №1 portfolio and saw a big drawdown not so long ago. They are glad to see any positive changes in the situation. Well, the results of the past trading week reassure. Even though the portfolio will have to come a long way to recover from the drawdown, there are first positive signs indicating that the managing traders are on their way to make it happen. This is good news.

 

 
Publication date: 28 November 07:39 AM

FOREX: Brexit and UK’s Budget Policy Affect British Pound

The draft budget 2017, the first one after the Brexit referendum, is reported to have been introduced to the House of Common of the British Parliament. According to the UK Minister of Finance, the draft budget focuses on investments in infrastructure and innovative technologies, which is expected to back future economic growth and is expected to help the UK get ready for the Brexit.

 

 
Publication date: 28 November 05:50 AM

Drawdowns in PrivateFX's PAMM Accounts and How to Benefit from Them?

Can a trend exist without retracements and flat markets? No, it cannot. That’s obvious to any FX trader who have been trading currencies for a while.  The same holds true for managing traders. No trader can win 100% of the time, sometimes drawdowns happens, and this is an inseparable part of any trading. If that’s obvious, why are more and more investors criticizing PrivateFX’s PAMM?

Publication date: 24 November 06:31 PM

Alpari Gold and NP RTS Cooperate to Give Investors a Competitive Edge

For those of you who don't know, Alpari, which is one of the biggest Forex brokers in the world, launched a new service allowing people to invest in gold coins from around the globe. This happened in March 2016. Moreover, Alpari created a standalone brand for that purpose and named it Alpari Gold. The company allows anyone to buy gold coins from more than 40 mints around the globe. Previously, Market Leader wrote about Alpari Gold.

 

Publication date: 22 November 04:17 AM

Masterforex-V Club’s «PrivateFX №1» Portfolio. Former #1 Manager Loses Investors’ Trust

Anything can happen in this world! When it comes to trading, it’s strange how a pro trader can lose nearly half of the trading capital in 3 trading weeks. Most of the time, this kind of behavior is typical of rookies, but not professionals following sound money management. Still, this is what happened to Paramon, who used to be the leading trader in the PrivateFX №1 Portfolio. It’s his trading activity that resulted in major losses for Masterforex-V Club investors. Now it’s time to revise the investments….

 

 
Publication date: 15 November 07:03 AM

In October 2016, Top 5 Masterforex-V Traders Earned 2700 Points

According to the rules of Masterforex-V Club, the profit generated by managing traders is calculated in points rather than U.S. dollars or pretty much any other currency. The thing is that all the managing traders trade various trading lots, which further translates into various amounts of money.

 

 
Publication date: 10 November 12:35 PM

GBPUSD: Theresa May Doesn't Care About High Court’s Brexit Decision

Theresa May, who is the current Prime Minister of Great Britain, promised to initiate the Brexit decision despite the recent ban imposed by the High Court of London.

Publication date: 07 November 11:32 AM