The
financial markets have been shaken recently by high volatility due to the slew
of fundamental and geopolitical events surrounding the main currencies of the
globe. The Euro has been losing ground amid worries about Greece and its future
plans, the Dollar has been gaining ground on a possible rate hike by the FED
during this year, and the Swiss Franc gained an amazing 20% versus the Euro
after the National Swiss Bank let the currency float freely.
The events
that came after the announcement by the National Swiss Bank, was a test to the
most important Forex brokers around the world. Alpari had to declare itself
insolvent, FXCM had to be bailed out by an outside company, and even CitiFX
reported millions of Dollars in client loses during the National Swiss Bank
event.
But this
was also a good opportunity to see which brokers handled the situation
professionally. Actually, the brokers that best came out of the recent events
were the brokers that took measures before the panic started. For instance,
Dukascopy raised its margin requirements on the CHF crosses since October and
so did ActivTrades since November. This prevented the clients from these
brokers from suffering huge losses on their accounts. The official announcement
by ActivTrades may be found here:

Great broker for traders.
ReplyDeleteVery reliable broker.
ReplyDeleteOutstanding and trustworthy broker!
ReplyDeleteTrustworthy broker, indeed.
ReplyDeleteFrom good and reliable brokers we just can expect this level of decisions.
ReplyDeleteThanks for the advice, that is very reliable broker.
ReplyDeleteActivTrades survived the crisis this makes it one of the most reliable brokers out there.
ReplyDeleteVery good points.
ReplyDeleteAfter huge crisis, you know who to choose.
ReplyDelete