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Tuesday, 19 June 00:11 (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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Today’s Bitcoin Rate Signals Growing Risks in Banking Sector

Yesterday, the BTC exchange rate suddenly started growing, probably as a part of a recovery move against the existing downtrend. According to CoinMarketCap, the current BTC exchange rate is somewhere above 7500 USD/BTC. Over the last 24 hours, the world’s first cryptocurrency has gained some 5%, trying to recover from May’s downtrend (in case you don’t know, the coin has lost 20% since early May before starting to recover yesterday).

Publication date: 31 May 08:33 AM

Bitcoin Goes Down Before Another Rally?

The BTC exchange rate keeps on going down while being driven by a number of factors and circumstances. International experts say that the price of the world’s first and most popular cryptocurrency is currently going down just to gain some momentum later and skyrocket to new highs.

Publication date: 29 May 11:19 AM

Masterforex-V Analysts name Successful ICOs in May 2018

For those of you who don’t know, an Initial Coin Offering (ICO) is all about raising funds. To be more specific, startups sell their underlying crypto tokens in exchange for existing crypto currencies, mostly Bitcoin, Ethereum and other altcoins out there. This resembles an IPO in the stock market where investors buy a newly offered stock.

Publication date: 23 May 12:14 PM

Bitcoin Will Hit $20K, CoinShares Says

Bitcoin is really capable of getting back to the all-time high at $20K per coin. This is what founder of Coinshares Danny Masters thinks on the matter. He is not a rookie in this business. His company has been creating investment products for the cryptocurrency market and conducting blockchain-related research for years. Mr. Masters believes in the future of Bitcoin and altcoins. However, he thinks the market is yet to pass a few development stages. 

Publication date: 20 May 08:38 AM

German Stock Exchange Börse Stuttgart Welcomes Cryptocurrencies

Soon enough, maybe this fall, German stock exchange Börse Stuttgart is going to start working with cryptocurrencies. For that purpose, the exchange is expected to use its branch. Trading cryptocurrencies will be implemented through the Bison app. The expected trading turnover is around 100 billion dollars.

Publication date: 17 May 12:00 PM

Bitcoin Goes Down, Getting Closer to 8000 USD/BTC

Earlier today, the world’s first and most expensive crypto currency was going down while continuing the downtrend seen a day before. According to CoinMarketCap, the BTC exchange rate dropped below 8300USD/BTC, though it recovered a bit later on. Over the last 24 hours, the currency lost more than 5% of its dollar value. 

Publication date: 16 May 11:51 AM

Bitcoin Rallies Despite Criticism from Buffet and Gates

This trading week, Bitcoin is unlikely to conquer another major threshold located at 10000 USD/BTC. The thing is that some Bitcoin investors were cooled down by the statements made by investment guru and billionaire Warren Buffett, founder of Berkshire Hathaway, as well as by Bill Gates, founder of Microsoft and one of the richest people on the planet.

Publication date: 10 May 09:05 AM

Will Bitcoin Rate Exceed $10K This Week?

This week, the BTC exchange rate may well break above 10000 USD/BTC, most of the experts interviewed by PRIME think.

Publication date: 09 May 12:51 PM

Bitcoin Prospects Look Vague Against Altcoins

The situation in the global market of cryptocurrencies has been changing for a while. Bitcoin seems to be gradually losing its status of the world’s biggest and most popular digital currency.

Publication date: 05 May 10:53 AM

Bitcoin Exchange Rate Goes Up Rapidly, Over $9600 Already

Over the last few days, the Bitcoin exchange rate has been going up continuously. On Thursday, the rate conquered two strong levels of resistance at 9300 and 9400 dollars respectively. On Friday morning, the rate changed to 9600 dollars and continued its way up to new local highs.

Publication date: 04 May 02:08 PM