Heroes of Ukraine

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

Monday, 23 April 01:41 (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

 

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

Backed by Alpari, Bicycle Expedition Conquers North Pole

For the first time in history, the northernmost point of our planet was conquered by a man on a bicycle, who is famous Russian adventurer Bogdan Bulytchev. For those of you who don’t know, he is a member of the Russian Geographical Society and the State Polar Academy.

Publication date: 21 April 12:23 PM

Roubini Names Blockchain Overhyped Technology

Famous economist Nouriel Roubini criticized the foundation of cryptocurrencies – the so-called blockchain technology. In his article for Project Syndicate, Mr. Roubini called blockchain the most overhyped technology ever.

Publication date: 20 April 04:08 AM

Bitcoin Gains Value: 2 Days in a Row. Over 10% a Day

Now it seems that the long-term retracement of the USD/BTC exchange rate seen over the first quarter of the year is gradually reversing back for the uptrend.

Publication date: 13 April 12:57 PM

Bitcoin Rate and US-China Trade War

The cryptocurrency market has been going down steadily for a while. According to CoinMarketCap, the Bitcoin exchange rate has been moving around 6800 USD/BTC. Ethereum, Ripple, Bitcoin Cash and Litecoin have been trading around 382, 0,49, 633, and 119 dollars per coin respectively.

Publication date: 06 April 10:02 AM

It’s the Day of Reckoning for Cryptocurrency Funds, Bloomberg Says

Bloomberg experts claim that the day of reckoning for cryptocurrency funds has finally come. Last year, when the world’s first digital currency (Bitcoin) went sky-high in mid-December and reached another all-time high at 20000 USD/BTC, over 150 funds specializing in cryptocurrencies emerged on the Internet. In 2017, their profits reached 1000%.

Publication date: 05 April 09:43 AM

Masterforex-V Expo Names World’s Best Forex Brokers For Beginners in March 2018

Each and every forex trader out there faces the same challenge at some point in their career. This challenge boils down to choosing the right forex broker. This holds especially true for beginners who are just getting their feet wet in the forex trading environment. This choice is fairly significant for all of them since their future trading performance will depend on that choice. The truth is, all of those forex companies may differ in a number of aspects, including the offered trading conditions.

Publication date: 04 April 12:01 AM

Bitcoin 2018: New Cryptocurrency Realities

In March, the BTC exchange rate dropped by almost 3000 dollars. Some experts predict a further downtrend in the near future, Market Leader reports.

Publication date: 28 March 06:22 AM

Experts Predict Bitcoin Move Above $10K

This week Bitcoin may come close to the psychological level of 10000 USD/BTC and break above it, some international experts say.

Publication date: 26 March 02:10 AM

Masterforex-V Tells You What You Don’t Know About Bitcoin

How do you treat Bitcoin and other cryptocurrencies? Usually, those who ask you this question expect you to be either pessimistic or optimistic on the future of digital currencies, ICO and blockchain.

Publication date: 23 March 11:27 AM

Google Bans ICO and Cryptocurrency Ads

A couple of days ago, the top management of Alphabet Inc. announced that Google would ban any ICO and cryptocurrency ad campaigns starting from June 2018. On top of that, they would toughen the requirements for advertising other risky financial products, including binary options.

Publication date: 18 March 05:54 AM