Alex Borzak
Any Forex trader cannot do without analytics, whether he is a rookie or a professional trader. As a rule, analytics reflects the current state situation in financial markets. This means that a trader can read the crowd’s sentiment and use it to make decent trading decisions. If you know who is currently dominating the market, you can see the real trend. They say the one who foresees can dominate.
In essence, analyzing financial markets is a pretty wide field of activity. More often than not, it has a direct impact on the quality of trading decisions made by millions of traders around the globe. When it comes o trading, we can distinguish between fundamental and technical analysis. Wave analysis is a part of the latter. As you know, Technical analysis works with quotation. Fundamental analysis works with news, economic data, analytic forecasts etc.
Which Forex brokers provide their traders with high-quality, objective and reliable analytic data? Which analytic teams can be trusted?
Hi-quality Analytics – Major Indicator
In order to answer these questions, started a sub-rating within the scope of its rating of Forex brokers . According to Eugene Olkhovsky, ’s leading expert I financial markets from Canada, ’s rating of Forex brokers is probably one of the very few objective ratings in the industry. It is based on over 20 objective statistical criteria. Therefore there is no way the rating can be manipulated.
All in all, the rating consists of 3 leagues. The so-called premier league is the ultimate one. It includes the names of those companies that deserve to be trusted.
The rating contains many sub-ratings. One of them is the rating of brokers that provide the industry’s best analytics.
In 2012, TeleTRADE was awarded with the “Best Forex Analytics 2012” title. Obviously, it is not accidental, that this broking company won this award. It can be considered as true recognition of its efforts to be as much client-oriented as possible. Exclusive analytic services do make it stand out in a crowd. MigBank and FOREX MMCIS GROUP occupied the 2nd and 3rd places in last year’s rating.
TeleTRADE went as far as starting its own full-fledged TV specializing in Forex and other financial markets (TeleTRADE TV), which is an unprecedented step in the industry.
For reference sake, last year’s TOP5 looks as follows:
Rating 2013
On February 13th, started this year’s rating. One of the key criteria is year-long open voting. Anyone can participate in it. Your vote can decide who will win the award in 2013.
The chart below, courtesy of , reflects the current state of affairs in the rating:
If you want to participate in the open voting, please visit the website.
Alex Borzak
