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Saturday, 24 February 17:40 (GMT -05:00)



Foreign exchange market

Masterforex-V Expo Names World’s Best FX Brokers for Beginners in June 2017


What makes an FX broker for beginning traders? First of all, this is a company designed to do their best to help beginning traders both acquire all the necessary knowledge and skills and start making money trading Forex. The ultimate goal is to supply those rookies with everything they need to stay afloat and to turn into pros making really big bucks. Unfortunately, not all of those who come to Forex can really make money over the long term.
 

 

 

 

The thing is that today, most FX traders out there have been habitually making the same rookie mistakes ever since they launched their trading career, even though some of them are intermediate and even advanced traders. The reason for this is that they simply don’t want to get out of their comfort zone and are reluctant to learn new things on a regular basis. They often rely on pure luck or some highly biased views. The bad news for them is that they won’t be able to become really successful traders over time. However, those traders who are just getting their feet wet in trading are usually afraid of literally everything. They constantly make mistakes, stumble, lose their money, but some of them still don’t give up and move forward, make progress and turn into professional traders over time, if they are guided by skilled traders who know what they are doing. Apparently, the chosen broker makes the lion’s share of success in trading financial markets. The best brokers out there devote a lot of time, money and effort to educating newbies. They know what is required to take the rookie to the next level. They are also aware of the common mistakes rookies make and know how to avoid them right off the bat.
 
By the way, one of the biggest and most widespread delusions among beginning traders is that newbies are lucky. If they think that depositing tons of money into their trading accounts and trading on pure luck or some guessing games is actually enough to quit their 9-to-5 jobs and make tons of money every day, they are completely wrong. No long-term success is possible without knowledge and skills. On top of that, most rookies lose their first investments over time. If the lesson isn’t learned, they often invest more and more money as they turn into habitual losers since they don’t want to invest enough effort, time, and money in their proper education.
 
Learning and mastering fundamental and technical analysis is rather time-consuming. It Is what it is. However, you do it only once to use it further down the road. The more you study the easier it is to grasp new things, and the better you become at trading currencies for a living.
 
Most professional traders did the same mistakes when they were newbies. This happened mostly because they were reluctant to devote enough time to choosing the right broker to go with.
 
The brokers that want to teach rookies how to trader financial markets the right way are willing to offer them the following things:
- comprehensive and easy-to-grasp educational content of premium quality
- access to the best trading conditions tailored to beginners
 
Masterforex-V Academy’s rating of the world’s best FX brokers for beginners includes some of the most popular companies with the best client feedback and user experience. The rating includes both the rating points for companying with a number of criteria and the points resulting from open voting.
 

 

World’s Best FX Brokers for Beginners in June 2017
 

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As we can see, Fort Financial Services is currently number one. This broker has been in the international FX industry since 2010. The company has been focused on delivering premium-quality services coupled with tight spreads and a pretty wide range of assets to trade. Another advantage of trading with FFS is instant withdrawal of client funds.
 
OANDA is number two. This is a true heavyweight with over 20 years of expertise in offering brokerage services to international clients. The company makes use of cutting-edge technologies to deliver services of exceptional quality to both retail and corporate clients. The strong sides are major licenses, low deposit requirements, and a wide range of assets.
 
Alpari Limited is number three. Thanks to spotless reputation, the company has been enjoying popularity worldwide for many years. The strong sides are major licenses, ECN accounts, low deposit requirements, in-depth analytics, and a number of trading contests with decent prizes.
 
They are followed by:
 
- ORBEX;
- FreshForex;
- Larson&Holz;
- FXOpen;
- YA-HI.com;
- GKFX;
- Grand Capital;
- RoboForex;
- TenkoFX;
- LiteForex;
- InstaForex;
- EXNESS;
- FBS Markets Inc.;
- Forexite;
- Forex4you;
- 24FX;
- ForexStart;
- Premium Trading;
- FX-Invest;
- Dealingcity;
- Binoa;
- Rinkost Markets;
- Forex EuroClub;
- Pellucid FX;
- iP Forex;
- Arena FX.
 

 

This is not the final rating since the open voting is still underway. This means that you can cast your vote as well, in order to influence the rating and support your broker.

 

 

You are free to discuss this article here:   forum for traders and investors

 

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Bitcoin Exchange Rate Drops Below $9000

Earlier today, the BTC exchange rate continued its way down to new local lows. In particular, it temporarily dove below the psychological threshold of 9000 dollars per 1 BTC. According to Coinmarketcap, the current local low is 8720 USD/BTC.

Publication date: 02 February 03:41 AM

Skeptics Predict Bitcoin Crash

As the amount of Bitcoin users is growing like never before, the amount of Bitcoin skeptics is growing as well. They are warning us that Bitcoin is doomed to crash at some point in the future. There are respected investors among them, who think that the rapid growth of Bitcoin and other altcoins is dangerous to those investing in them.

Publication date: 26 January 03:51 AM

Muslims Are Forbidden to Trade and Mine Bitcoin

The Grand Mufti of Egypt Shawki Allam is reported to have issued the so-called fatwa (which means a ban on something) against cryptocurrencies. This means that Muslims can no longer trade or invest in Bitcoin or other cryptocurrencies. To be more specific, the Mufti thinks that trading cryptocurrencies is almost the same as gambling. Yet, gabling is strictly forbidden in Islam.

Publication date: 12 January 03:19 AM

Alpari’s Mobile App Gets Over 400K Users

Over the last few years, the amount of online traders using mobile apps has increased dramatically. The stats show that most of the time mobile forex traders choose mobile trading apps by Alpari, one of the biggest brokers in the international forex industry.


Publication date: 03 January 07:06 AM

Bitcoin Harms Natural Environment

 Today, only 1% of the global population is investing in cryptocurrencies.  However, mining those cryptocurrencies is something that all of us have to pay for. This is what Deutsche Welle thinks on the matter.

Publication date: 02 January 11:43 AM

Bitcoin May Trigger Another Major Financial Crisis

 Some experts say that Bitcoin and other cryptocurrencies may trigger another major financial crisis.

Publication date: 02 January 11:42 AM

Fort Financial Services ¬– World’s Best Forex Bonus Offer 2017

Masteforex-V Academy has recently announced the results of the annual contest named «World’s Best Forex Bonus Offer 2017». Fort Financial Services won the title as the forex broker occupying the first position in the corresponding rating by Masterforex-V Academy.

Publication date: 28 December 09:28 PM

Bitcoin Exchange Rate May Drop to Zero, Morgan Stanley Experts Say

Bitcoin may drop all the way down to zero dollars. This is what Morgan Stanley analysts led by James Faucette told Business Insider. Such a gloomy forecast for the world’s first and most expensive cryptocurrency to date showed up amid another major drop in its exchange rate. The thing is that Bitcoin dropped by 40% from 19K dollars all the way down to 11,8K dollars on December 22nd. 

Publication date: 26 December 12:21 PM

Bitcoin is Yet to Win Major Investors’ Trust

The first Bitcoin futures were finally launched in the USA. However, despite the fact that cryptocurrencies have already been recognized a part of the financial world, skeptics still don’t believe in them and anticipate a cryptocurrency market crash. 

Publication date: 25 December 05:49 AM

Alpari PAMM Service Gets Its Monthly Turnover Exceed $15 Billion

Most people prefer to keep their savings in a bank. They believe that despite those tiny interest rates they get paid, storing money in a bank account is way safer than anything else. The point is, we are talking about storing money while it’s wiser to invest money so that it could make even more money. For example, Europeans like to consider investing their money in various kinds of assets. They further spend their profits on some big purchases or education for their kids.

Publication date: 21 December 03:17 AM