Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Monday, 19 August 02:39 (GMT -05:00)



Foreign exchange market

Masterforex-V Names 135 Most Popular Forex Brokers 2019


When trying to increase the amount of new clients, many brokers start massive ad campaigns online. Most of the time, you can see or hear those brokers call themselves the leading players in the industry, the best of the best, which is obviously not true because all of them cannot be as good as they claim to be. This actually makes it really difficult for the common trader or investor to make up their mind when choosing the next broker to go with.
 
At the same time, Masterforex-V Academy experts are sure that you can easily detect the most popular forex brokers to date by simply using Yandex.Direct. This is the service displaying the amount of search requests for the key word or phrase you enter. Basically, that's an objective criterion, when it comes to figuring out who are the most popular ones.
 
Anyways, to save you some time, the experts decided to come up with a rating of those popular brokers based on the results taken from wordstat.yandex.ru. So, the list includes 135 companies offering forex and CFD trading services. For more convenience, the rating is split into 3 leagues. To the right of the broker's name, you can find the nuber of search requests in June 2018 and June 2019. 
 
As the result of the research made, the following brokers belong to the premier league. All in all, there are 13 of them:
 
Name  Num of requests on June 1, 2018 Num of requests on June 1, 2019
Alpari 100806 (13642+87164) 107686 (94244+13442)
Dukascopy Bank SA 5052 (3743+1309) 10867 (7789+3078)
Interactive Brokers 4731 (3451+1280) 7882 (5612+2270)
OANDA 4671 (2703+1968) 3837 (2326+1591)
Forex.com 2304 1000
FxPro 2433 1984
Финам форекс 754 1476
Nord FX (NordFX) 955 (370+462+123) 842 (154+567+121)
FXCM 793 586
Saxo Bank (Саксо Банк) 405 (314+91) 485 (341+144)
FIBO Group 842 458
Fort Financial Services (FortFS) 309 (297+12) 320 (97+223+0)
Swissquote Bank SA 168 153

  

When evaluating the search result dynamics for the brokes that belong to the second league, the experts say that it was really surprising for them to find out that the amount of the search requests for Teletrade had decreased over the reporting period - from 27,9K all the way down to 12,5K. As a result, the company dropped from number 2 to number 6 to yield to RoboForex, InstaForex, Forex4you and eToro.
 
Some of the most popular brokers were moved to the second league due to a big amount of negative feedback online, including those from Masterforex-V Academy members. Unpopular brokers belong to the third league. By the way, Masterforex-V Academy warns their students against opening trading accounts with those brokers, especialy those with negative dynamics since this is the sign of losing their market positions.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Forex and Cryptocurrency Forecast by NordFX. Mid-August 2019

Roman Boutko, an analyst for NordFX, has come up with another consensus forecast for the forex and cryptocurrency markets for the forthcoming trading week starting on August 12, 2019.
Publication date: 11 August 11:42 AM

British Pound And Brexit. What's Next?

The Brexit is going to come to the UK as the result of the 2016 referendum in the UK. 52% of the votes were cast in favor of the Brexit scenario back then. Chances are, the Brexit is going to affect the entire economic and financial system of the United Kingdom, including its national currency - the British Pound.
Publication date: 09 August 09:21 AM

Over 85% Of Bitcoins (BTC) Have Already Been Mined

Publication date: 05 August 03:28 AM

Coinbase Registers a Big Inflow of New Clients

An international cryptocurrency exchange named Coinbase is reported to have registered 5 million users of the last 12 months. This is what the latest report says. In particular, the amount of Coinbase users increased from 25 million users all the way up to 30 million users over the reporting period.

Publication date: 01 August 09:18 AM

Bitcoin Is Likely To Drop, Experts Say

At this point, the market cap of the entire cryptocurrency market is around 263 billion dollars, with over 64% being Bitcoin's share. Ethereum would have to gain more than 700% to break even with the king of cryptocurrencies. At this point, such a scenario looks unreal.

Publication date: 30 July 10:05 AM

Dollar Rate Is Close To 2-Month Highs

The U.S. Dollar is trading around Friday's high while the basket of 6 major currencies is on its way to the second profitable week, waiting for another GDP report from the USA. The dollar rate support a wider spread between the German and American bonds yields.

Publication date: 28 July 08:28 AM

1 Million Dollars For Bitcoin - John McAfee Confirms The Forecast

If someone has been enjoying the BTC rally going on sine early April, today you are probably not that exited about the market conditions since the bears seem to be getting stronger. The BTC exchange rate has dropped and is not trading around $10000 per coin, Market Leader reports.

Publication date: 19 July 04:07 AM

NYSE Launches Slack Technologies' IPO

Publication date: 22 June 05:58 AM

NordFX Products and Services Praised at the Philippines Traders' Fair

  The brokerage company NordFX took part in the specialized Forex Traders' Fair-2019 which was held in the capital of the Philippines, Manila, at the end of May.

 

Publication date: 01 June 05:52 AM

Central Banks Cut Down On Their Dollar Reserves

Central banks all over the world are loading up on euros, yuans, and yens while getting rid of their dollar reserves. The IMF's report for the 4th quarter of 2018 confirms that. They say this has to do with the redistribution of currency reserves in the Russian Federation.

Publication date: 31 May 12:59 PM