Experts say that the popularity of a Forex broker in social networks is one of the key factors indicating the company’s stable growth. This is what the contemporary online business is all about. It is built around customer feedback and client focus. Successful businesses give their clients exactly what they want. That is why marketing experts keep on reiterating the importance of building an army of loyal customers to back the company’s success over the long term.
When it comes to FX brokers, PrivateFX turns out to be the most discussed Forex company in January 2016. By the way, it is not accidental that a month before, in December 2015, Masterforex-V Expo recognized PrivateFX as Discovery of the Year in the contemporary Forex industry. So what is so special about PrivateFX? What are the reasons for such popularity?
Reason 1: Former ForexTrend customers are already getting their money back.
At first sight, there is nothing to be surprised. However, never in the history of Forex, have traders had a chance to get some of their money back from an FX broker that once went bankrupt and even capitalize on it by investing the money into another broker backed by a major investment company.
Image and trust are everything in today’s financial world. PrivateFX agreed to make a 50% refund to former Forex Trend clients if they open a n account with PrivateFX. This step brought the company several thousand new clients almost in an instance.
For those of you who don’t know, ForexTrend went bankrupt in early 2015. This happened because of a new team of top managers, who happen to be unprofessional and abusing risk management. Under such circumstances thousands of ForexTrend traders and investors lost a lot of money with no chance to get it back.
In June 2015, Concorde Capital purchased ForexTrend’s assets, including such innovations as PAMM indexes. Later on the local experts came up with their won solution named Active Investor. Those innovations were used to create a brand new FX broker backed by the very investment company.
With that being said, PrivateFX is the first FX broker starting its way up to the top while being backed by a major financial company and having thousands of active clients even before the official opening. This helped the FX company to kickstart the business and comply with the requirements put forward by various financial authorities and regulators.
For now, the salvation program for ForexTrend clients allowed them to get some of their money back and withdraw it successfully. Most clients reinvested the funds in Active investor by PrivateFX to get more money back.
By the way, Masterforex-V Academy has recently analyzed the search request stats and interviewed its students and other members to find out that at least 40% of the broker’s new clients do not belong to former ForexTrend clients, which means the broker has a lot of potential to become a major FX broker in the entire international industry.
Reason 2: Positive Feedback From Beta-Testers
Those traders who have been testing the broker for a couple of months new seem to be content with everything from the offered software to financial performance. Most of the believe that it is really possible achieve outstanding results of the existing quality of the broker’s products and services stays at least at the same level, not to mention any progress and improvement.
Some of the guys are impressed with the opportunity to watch managing traders live as they trade and cancel the copy of the trade on your account if it seems unpromising and stuff. You late managing traders make money for you while staying in full control of the situation at all times.
Later on, PrivateFX was evaluated by professional investors. For example, Eugene Olkhovsky, President of EUTA Capital (Canada), says that several professional traders gave the broker’s products and services a try. All of them came to the same conclusion which says that everything is excellent. Moreover, they compared the broker to a Swiss watch, which is believed to be a standard of unrivaled quality and outstanding reliability.
There are hundreds of such posts containing positive feedback on the web. Dozens of Market Leader readers are sending us similar positive feedback as well, which is another factor contributing to the fact that PrivateFX is really worth paying attention to, especially as such posts come from various kinds of traders – from rookies to financial experts.
Reason 3: PrivateFX Managed to Created Universal Investment Solutions for Rookies and Professionals
At this point, there are 2 solutions making it possible to capitalize on your savings:
PAMM Indexes and PAMM accounts
Active Investor
At this point, PrivateFX can boast dozens of promising managers, which are selected by means of multiple trading contests. The TOP of the rating managed to generate 30% to 100% over the first 4 weeks of trading, which are impressive results.
The existing TOP of the rating looks as follows:
Experienced investors say that PrivateFX’s investment solutions come with reduced risk, absence of non-market risks (investors stay in control of their funds) and increased profits.
Active Investor keeps on winning the hearts and minds of new investors day by day. Indeed, this seems to be an unprecedented investment opportunity in the entire industry.
With Active Investor you can copy multiple successful traders at a time with full control over the trades (you can close the trade anytime you want before tis is done by the manager).
Traders say that, the company is offering unprecedented trading conditions, including tight spreads, instant execution and so much more. As the company keeps on improving its business, there emerge new solutions while the existing ones are improved to become more efficient in generating stellar profits.
Reason 4: PrivateFX Gains Public Attention and Wins Prestigious Awards
This is another factor to take into account since PrivateFX and its work done over the last 2 months were highly rated by dozens of independent experts from around the globe, which further translated into awards. Mass media started mentioning the company more frequently, thereby attracting more public attention to it. It is not accidental that PrivateFX was awarded with the “Discovery of the Year” title within the scope of Masterforex-V Expo, one of the most unbiased and comprehensive sources related to FX ratings.
