As we pass the halfway mark of this month, FXbrokerFeed brings you this weeks forex brokers news breakdown.
FXTM ( ForexTime ) is starting the year strong. According to our monitoring tools they are one of the forex brokers with the highest “Positive/Negative Mentions” ratio. FXTM also continues their limited promotion connected to their trading app. By downloading the FXTM trader app, clients get double cashback for a limited time. Bear in mind that the promotion is limited to traders categorized as “Professional Clients” only.
Following the widely successful launch of the FXCM Bitcoin CFD, the company is now also expanding into their second Crypto CFD offering by adding “Ethereum”. With cryptocurrencies still surging in popularity, new trading opportunities constantly come to light. FXCM states that they will not look past this fact and they will continue to push-out additional Crypto CFD’s on their platform. According to FXbrokerFeed’s social monitoring tools, the good news seems to have hit the right spot thus the substantial increase in positive mentions. – 63.83% increase over the last 15 days.
Elsewhere FxPro and Forex.com are pulling in new traders solely due to sheer consistency. Both forex brokers are gaining steady ground with positive feedback from clients and a decrease in negative mentions. This leads to a deserved spot on FXbrokerFeed’s weekly top broker picks – FXTM ( ForexTime ) and FxPro.
Overall, it’s been a relatively quiet week. We see trading platforms focusing more on new products, features and trading options in general. It’s still early in the year and Forex Brokers are still setting up a solid ground for the upcoming trading months. Hopefully this positive trend continues in the upcoming weeks.
Today’s traders need a dependable way to navigate through the ever-changing world of Forex trading. FXBrokerFeed is bringing relevant information about trading brokers and currency pairs 24/7 and is an essential tool that will help you improve your trading performance. Start your 30-day free trial today!
[wlm_paypalec_btn name="Paying User Product" sku="708397E540" btn="pp_pay:s"]
For inquiries or any questions about FXBrokerFeed, feel free to contact us. We will get back to you with an answer as soon as possible.