I hope you agree with me that all traders and investors out there would like to work with reputable FX brokers capable of providing them with a comprehensive set of premium-quality products and services (along with responsive support, competitive trading conditions, premium-quality analytics etc). However, at times, traders have difficulty finding such reputable brokers. You shouldn’t be surprised about that since the contemporary Forex trading industry has become very competitive and full of young and promising companies.
On top of that, market analytics is the “face” of any modern broking company, whether it is Forex or binary options, or any other financial market. A lot of Forex traders and investors, both newbies and professionals, take those analytic figures into account when making their trading or investment decisions. This means that traders need timely data of pretty high quality for the sake of helping traders and investors make decent decisions, which are going to put the odds in their favor and allow them to win in the long run. Still, not all brokers provide their clients with decent market analytics. Finding the best of the best can be time-consuming.
However, there is shortcut for you to succeed in finding an FX broker with market analytics deserving your attention! The thing is that a couple of years ago, Masterforex-V Academy launched its own project dedicated to ratings. This one is called Masterforex-V Expo. The project actually embraces multiple rating of Forex brokers , which are based on 20+ objective and quantitative criteria. With that said, the ratings are as objective as possible.
Within the scope of this article, we are going to tell you about the rating of Forex brokers offering high-quality analytics.
Top-Notch Forex Analytics
The higher the quality of the analytic service offered by a certain broking company is, the more chances its traders have to succeed in trading. Eugene Olkhovsky (Canada), Masterforex-V Academy’s leading expert in financial markets, assumes that an ideal analytic service is the one capable of explaining everything in simple words, including the following aspects:
• Technical analysis
• Fundamental analysis
• Wave analysis (wave counts)
• Third-party independent analytic sources
Moreover, broking companies with good analytic services consult their clients through telling them which forthcoming major events and economic reports can act as market divers and how they can influence the market. With that said, by providing truly relevant and up-to-date information coming from central banks as well as many other major financial institutions, the broking company really helps all of its clients to navigate much better in the sea of financial data.
On top of that, client-oriented companies often conduct free webinars and online workshops for their clients and invite various analytics experts to share their tips with the audience, thereby improving their client's analytic skills.
Therefore, when armed with a full set of analytic information, traders put the odds in their favor, thereby backing their victory over the long term. At the same time, broking companies are interested in winning traders since they generate more fees through spreads. This is what makes most of the income earned by broking companies. This is what they call a win-win situation. The only thing that remains to be done is to choose a suitable broking company providing good analytics.
Being considered Europe’s Best Forex Coaching Project since 2009, Masterforex-V Academy has enough experience and experts to help traders determine the industry’s best. A couple of days ago, Masterforex-V Expo introduced an updated rating of Forex brokers offering competitive Forex analytics. All the participants of the ratings were tested by independent and unbiased experts. The rating is based on multiple criteria, including the open voting results. All in all, there are over 20 independent quantitative criteria used to form the rating. Therefore, you can be sure that those broking companies included in the rating are some of the best in the industry in terms of Forex analytics.
Moreover, Masterforex-V Expo launched year-long open voting, which will be taken into account in late 2015 in order to award one of these brokers with the «Best Forex Analytics 2015» title.
As for the current rating (August 2015), it looks as follows:
The TOP3 includes 22 groups, FIBO Group and FreshForex. These are followed by:
- TeleTrade
- Saxo Bank
- HY Capital Markets
- Alpari
- Swissquote Bank SA
- ForexClub
- Dukascopy Bank SA
- Finam
- FBS Markets Inc
- RoboForex
- Admiral Market
- Alfa Forex
