Heroes of Ukraine

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

Friday, 20 September 19:45 (GMT -05:00)



Foreign exchange market

Masterforex-V Names 135 Most Popular Forex Brokers 2019


When trying to increase the amount of new clients, many brokers start massive ad campaigns online. Most of the time, you can see or hear those brokers call themselves the leading players in the industry, the best of the best, which is obviously not true because all of them cannot be as good as they claim to be. This actually makes it really difficult for the common trader or investor to make up their mind when choosing the next broker to go with.
 
At the same time, Masterforex-V Academy experts are sure that you can easily detect the most popular forex brokers to date by simply using Yandex.Direct. This is the service displaying the amount of search requests for the key word or phrase you enter. Basically, that's an objective criterion, when it comes to figuring out who are the most popular ones.
 
Anyways, to save you some time, the experts decided to come up with a rating of those popular brokers based on the results taken from wordstat.yandex.ru. So, the list includes 135 companies offering forex and CFD trading services. For more convenience, the rating is split into 3 leagues. To the right of the broker's name, you can find the nuber of search requests in June 2018 and June 2019. 
 
As the result of the research made, the following brokers belong to the premier league. All in all, there are 13 of them:
 
Name  Num of requests on June 1, 2018 Num of requests on June 1, 2019
Alpari 100806 (13642+87164) 107686 (94244+13442)
Dukascopy Bank SA 5052 (3743+1309) 10867 (7789+3078)
Interactive Brokers 4731 (3451+1280) 7882 (5612+2270)
OANDA 4671 (2703+1968) 3837 (2326+1591)
Forex.com 2304 1000
FxPro 2433 1984
Финам форекс 754 1476
Nord FX (NordFX) 955 (370+462+123) 842 (154+567+121)
FXCM 793 586
Saxo Bank (Саксо Банк) 405 (314+91) 485 (341+144)
FIBO Group 842 458
Fort Financial Services (FortFS) 309 (297+12) 320 (97+223+0)
Swissquote Bank SA 168 153

  

When evaluating the search result dynamics for the brokes that belong to the second league, the experts say that it was really surprising for them to find out that the amount of the search requests for Teletrade had decreased over the reporting period - from 27,9K all the way down to 12,5K. As a result, the company dropped from number 2 to number 6 to yield to RoboForex, InstaForex, Forex4you and eToro.
 
Some of the most popular brokers were moved to the second league due to a big amount of negative feedback online, including those from Masterforex-V Academy members. Unpopular brokers belong to the third league. By the way, Masterforex-V Academy warns their students against opening trading accounts with those brokers, especialy those with negative dynamics since this is the sign of losing their market positions.

 

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

 

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

Bitcoin Exceeds $10K Again

It turns out that Bitcoin is still able to surprise. Despite the growing pessimism in social networks, recently has been a good time to load up on Bitcoin and other cryptocurrencies. The world's first and biggest coin has broken the psychological barier of 10000 dollar per coin. Does this mean going back to the bull market? At this point, the BTC rate is around 10300-10400 dollars per coin.

Publication date: 05 September 12:15 AM

NordFX: Forex And Cryptocurrency Market Review. August 2019

Right before the start of the last last trading  of this summer, NordFX experts came up with another set of market predictions for the forex and cryptocurrency markets. Their predictions are based on the consensus forecast compiled from various market forecasts made by various market experts as well as the result of technical analysis. So, this is what those predictions look like:
 
Publication date: 25 August 12:12 PM

Will Brexit Affect Bitcoin?

Some representatives of the international expert community assume that the Brexit is going to push Bitcoin higher, all the way up to new record highs in 2019. Nicolas Gregory, CEO of a blockchain company named CommerceBlock, is one of those experts. Not so long ago, he shared his standpoint with The Independent. He thinks that the Brexit may radically change the position of Bitcoin in the global economy and finances.
 
Publication date: 25 August 10:48 AM

Forex and Cryptocurrency Market Review by NordFX

At the beginning of the current trading week, NordFX experts came up with another set of market predictions based on a number of expert opinions backed by trending indicators and oscillators. This is what they came up with:

Publication date: 19 August 01:09 PM

Bitcoin ETF Decision is Delayed by SEC

The SEC, the USA's chief financial regulator, decided to delay the Bitcoin ETF decision once again. If the ETF had received the green light, we would now see it trading on CBOE and NYSE Arca. However, the Securities and Exchange Commission decided to put on hold the decision on three ETFs: VanEck / SolidX (CBOE), Wilshire Phoenix, and Bitwise Asset Management (both related to NYSE Arca).
 
Publication date: 15 August 01:00 AM

Forex and Cryptocurrency Forecast by NordFX. Mid-August 2019

Roman Boutko, an analyst for NordFX, has come up with another consensus forecast for the forex and cryptocurrency markets for the forthcoming trading week starting on August 12, 2019.
Publication date: 11 August 11:42 AM

British Pound And Brexit. What's Next?

The Brexit is going to come to the UK as the result of the 2016 referendum in the UK. 52% of the votes were cast in favor of the Brexit scenario back then. Chances are, the Brexit is going to affect the entire economic and financial system of the United Kingdom, including its national currency - the British Pound.
Publication date: 09 August 09:21 AM

Over 85% Of Bitcoins (BTC) Have Already Been Mined

Publication date: 05 August 03:28 AM

Coinbase Registers a Big Inflow of New Clients

An international cryptocurrency exchange named Coinbase is reported to have registered 5 million users of the last 12 months. This is what the latest report says. In particular, the amount of Coinbase users increased from 25 million users all the way up to 30 million users over the reporting period.

Publication date: 01 August 09:18 AM

Bitcoin Is Likely To Drop, Experts Say

At this point, the market cap of the entire cryptocurrency market is around 263 billion dollars, with over 64% being Bitcoin's share. Ethereum would have to gain more than 700% to break even with the king of cryptocurrencies. At this point, such a scenario looks unreal.

Publication date: 30 July 10:05 AM