At the outset, while trading foreign currencies is to find a Forex broker to work with. This could be very difficult since you need to look at a variety of traits in a broker prior to getting in to a deal with them among which the basic characteristics include that of their reputation, their track record and lastly their experience.
Online PR News – 01-February-2010 – – At the outset, while trading foreign currencies is to find a Forex broker to work with. This could be very difficult since you need to look at a variety of traits in a broker prior to getting in to a deal with them among which the basic characteristics include that of their reputation, their track record and lastly their experience. Now imagine the amount of time required if you were to check each of the above mentioned characteristics (at the minimum) of each and every online Forex broker! Well here BestForexAccount.Net comes to your rescue.
For this site, compares and contrasts the three basic attributes mentioned above and many more of various popular Forex brokers and presents a summary of its analysis in a tabular format in its homepage itself. All you have to do is to log on to this site and take a quick glimpse at the values of each parameter in a row and find which brokerage has been given the best score. Not only these but detailed explanations regarding various attributes that have been compared are also defined and explained beneath the table which the visitor may use as a glossary to clarify their doubts about certain characteristics and terms. And coupled with this feature is the Archives section which lists a variety of Forex articles and reviews on various topics which are only a click away to be served as valuable information to the user.
Now you might be worrying about the authenticity of the content on the site. Well then you may bid farewell to your worries because everything listed on this site especially the ratings of different brokers is referenced. For instance, the website popularity attribute of different brokers is decided on the basis of Alexa ranking which records estimated international traffic pouring in to a website. Then there is the Account Activation attribute that is being compared among all the forex trading platforms namely eToro, AvaFX and Easy Forex which is decided on the basis of the personal experience of the writer who himself is a Forex investor since 3 years. Other primary attributes that have been compared across the three platforms entails maximum leverage, minimum spreads offered, minimum deposit required (in US dollars), technical support facilities, free utilities provided, Licensing information and to sum up the entire comparison an overall rating attribute is included which rates each of the platforms within a scale of 5. The most recent comparison done among the platforms has placed eToro at the top with a total ranking of 5/5 followed by AvaFX at 4.5/5 and Easy Forex at 4/5.
This side by side comparison is indeed a boon for online investors especially the amateurs who have little or no knowledge about Forex trading since it reduces a large chunk of otherwise required time and effort and also saves the trouble of having to navigate to different sites to understand what different characteristics mean. The best part is that there are implanted links to the official site of each of the broker along with tips on the type of plan or Forex account the user might want to opt for. The site in itself is a handbook of Forex trading information and a directory of Forex trading brokers. The credit goes to the owner of the site who is a religious Forex investor and one who believes in sharing his knowledge so that others may make their lives better. The site’s popularity has reached to a zenith that its been frequently referenced by many other directories and search engines as a guide towards performing Forex business.