Today’s financial markets offer a sea of moneymaking opportunities. Forex is no exception. This is the world’s biggest financial market with over $4000bn in daily turnover. Therefore, the Forex industry is highly competitive, with hundreds of broking companies offering fairly competitive trading conditions along with innovative products and services. These companies are aware that they just have to be client-oriented companies in order to stay afloat in a rough sea of tough rivalry.
Still, it is not always easy to determine which brokers are the industry’s best. Whom can we trust?This is the most common question asked by beginning traders since they do not have enough experience in tell reliable brokers form scams!
Well, the truth is that there are scammers and reliable brokers. The latter always strive to do everything they can to help traders in any aspect, whether it is about trading conditions or deposit/withdrawal options. Even force-majeure cannot seriously affect their overall performance .
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 Masterforex-V Expo, Masterforex-V Academy offers a monthly rating of Forex brokers . There are some other ratings included in the project. In particular, Masterforex-V Academy helped Market Leader to come up with the rating of Forex brokers for Kazakhstan. Let’s see which companies were the most popular Forex brokers in Kazakhstan in 2013.
Kazakhstan’s Finest
First of all, the rating was based on 2 major statistical criteria – the Yandex.Direct stats (search requests) and the Yandex.News stats (mentioning in the news). The region was narrowed down to Kazakhstan:
It turned out, that TeleTrade is the most popular broking company in this Asian country. Indeed, this is a major international Forex broker with over 19 years of operating experiences and hundreds of offices worldwide. It can boast licenses given by major financial regulators. The company offers nearly perfect trading conditions and is an expert in providing decent analytical and statistical data for more convenient and profitable trading.
Alpari appears to be the runner-up! This is another major Forex broker with many years of operating history, offices worldwide and major licenses. The company works hard to improve the quality of its services in every single field of financial activity. By the way, Alpari was recognized the Best Forex Broker in June 2013 for its innovative solutions.
Marekts.com is number 3. The company is relatively young but promising. It is ready to provide any client with a wide range of premium-quality services, secure trading, tight spreads, multi-language support (13 languages) and multiple innovative solutions for convenient trading.
The rest of the list includes:
- FreshForex;
- LiteForex;
- GKFX;
- Admiral Markets;
- Lionstone Investment.
Kazakhstani users show less interest in Forex brokers than users from Russia, Belarus, Ukraine and other ex-USSR states!
The amount of requests does depend on the overall interest in Forex in a certain country. The chart below shows us that the stats are declining rapidly.
According to the data provided by wordstat.yandex.ru, the amount of request made by the Kazakhs is less than the same amount of requests in Belarus, Russia or any other ex-USSR state, if to consider the amount of such requests for every 1000 users.
For example, in September 2013, the Kazakhs searched for “broker” only 1422 times. The same stats for Russia, Ukraine and Belarus are 135 505, 10 135 and 1 876 requests respectively.
The biggest amount of requests is in Moscow 53 613 requests in September 2013.
Requests For “Broker
When requesting for “broker”, users often refer to Forex brokers, brokers in Kazakhstan and ratings of Forex brokers.
The rating of the leading brokers in Kazakhstan in terms of media quoting looks as follows:
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As we can see, Forex Trend was a mere leader in September!
The list of outsiders includes:
- EXNESS
- eToro
- FreshForex
- Markets.com
- OANDA
The following brokers are less popular in Kazakhstan:
The following brokers can boast the most efficient PR campaigns in the Russian-speaking segment:
The leaders are Alpari. Forex Club and Finam.
