Today’s Forex market offers a lot of moneymaking opportunities since it is the world’s biggest financial market with over $4000bn in daily turnover. Therefore, the Forex industry is highly competitive, with dozens of brokers offering fairly competitive trading conditions along with innovative products and services. They understand that they have to be client-oriented companies in order to stay afloat in a rough sea of rivalry.
Still, it is not always easy to determine which brokers are the industry’s best.
Whom can we trust? Can we trust PR campaigns conducted by various broking companies?
Well, there are scammers and honest/reliable brokers. The latter always strive to do everything they can to help traders in any aspect, whether it is trading conditions, deposit/withdrawal options. Therefore, even such force-majeure as the recent collapse of Liberty Reserve cannot affect their overall performance. Therefore, when it comes to big-scale brokers licensed and regulated by major financial authorities.
According to Eugene Olkhovsky, Masterforex-V Academy’s leading experts in financial markets from Canada, beginning traders often find it difficult to tell scammers from reliable brokers. Yet, even intermediate and advanced traders may fell as they have difficulty choosing a suitable broker.
Luckily for them, there is a way out. Masterforex-V Academy offers its independent unbiased rating of Forex based on over 20 objective quantitative criteria that cannot be manipulated. This makes its one of the most reliable and unbiased ratings on the web. Within the scope of this rating, Masterforex-V Academy offers a monthly rating of Forex brokers .
Let’s see which companies were the most popular Forex brokers in May 2013. One of the key criteria to consider was the amount of search request in Yandex.
As we can see, Alpari became the most popular Forex broker in May 2013 (63 632 requests). Moreover, the broking company has been occupying the 1st place over the last few months since it has been active in many aspects.
TeleTrade and Forex Club occupy the 2nd and 3rd positions correspondingly.
As far as the amount of articles and mentioning in the media, the Top 3 includes Forex Club (570), Alpari (512) and InstaForex (334). The complete rating looks as follows:
As we can see, the rating can help Forex traders to get up-to-date information when it comes to Forex brokers and their current situation in the industry. This is just one of them many ratings within the scope of Masterforex-Expo – a special project created by Masterforex-V Academy and dedicated to choosing a suitable broker.
