Many of us keep on looking for extra opportunities to make money amid inflation and economic instability. Still, one-time jobs are temporary. So they cannot guarantee consistent financial results on a regular basis. Most people see bank deposits as the only sure way to make up for inflation (even though the current interest paid by banks cannot fully cover the rate of inflation).
Luckily, there are other ways to generate stable incomes. According to Eugene Olkhovsky, Masterforex-V Academy’s leading expert in financial markets from Canada, Forex offers excellent moneymaking opportunities that result in much higher yields than offered by bank deposits or one-time jobs.
Forex is the biggest financial market in the world. The daily turnover exceeds $4500bn! That is why the market is subject to high competition, constant development and innovation. These days, broking companies just have to go client-oriented in order to survive and earn money amid extremely tough rivalry. This results in an endless stream of benefits, bonuses, promotions, loyalty programs, excellent trading conditions, contests and may other things that are designed to help traders start earning money without major risks and minimal expenses.
Who Can Help You to Make Money?
The only thing necessary to make money in financial markets (and Forex in particular) is to understand the essence of the market behavior as well as the laws and principles that drive those markets. Then it is about comprehensive analysis and decent trading strategies. If you can abstain from following the herd, success will definitely come…
Still, there is one more major factor to consider when you decide to trade Forex and other financial markets. It is a reliable broker! Indeed, choosing a broking company is vital when it comes to successful trading since a fake and unreliable broker will never let you win, no matter how good you are at trading currencies or other assets. Only a reliable, fair and client-oriented company is capable of creating win-win situations and helping you to lose less and win more in the long run! In this case, there is no conflict of interests since such a company is interested in cooperating with successful traders who show consistent results and generate impressive profits form themselves and the company.
Well, sometimes, it is difficult for an average trader (especially a beginner) to choose a reliable broker. The industry is huge. There are dozens (even hundreds) of broking companies to choose from.
Luckily, a couple of years ago, Masterforex-V Academy started its own project called MAsterforex-V Expo. It is designed to combine a number of unbiased and comprehensive ratings of Forex brokers that cover almost all the key aspects of the industry, thereby allowing traders to choose among the industry's best companies. Those ratings are always based on transparent and unbiased quantitative criteria. There are over 20 of them, and there is no way they can be manipulated or abused. This makes the ratings some of the most unbiased guidelines in terms of choosing a broker.
Best Forex Brokers. October 2013
On of those rating is the monthly rating of the best broking companies. Last month, the final rating looked as follows (TOP 3 in terms of innovation and PR):
As you can see, there were 2 nominations in October 2013.
ForexTrend became the best broking of the month in terms of innovation. This became possible due to the introduction of several new PAMM indices that managed to show outstanding performance off the bat.
HY Markets was recognized the 2nd best broker of the month for offering trading without swaps.
TradeFort was recognized number 3 for introducing a new system that automatically warns traders about a possible margin call.
At the same time, Alpari was number 1 in terms of PR due to setting another record in terms of monthly turnover.
The 2nd place was given to Pantheon Finance for publishing daily reports on the successes reached by the students of the local school of managing traders.
And finally, the 3rd place was gained by FBS for giving its affiliates to earn $5000!
