Forex Person of The Year 2011 - Nominees
Everyone knows TIME’s Person of the Year that “features and profiles a person, group, idea or object that "for better or for worse, ...has done the most to influence the events of the year”, as perfectly summarized by Wikipedia.
As many other media in the world, we wanted to also designate our own Forex Person of the Year, following the model of the worldwide renowned newsmagazine. The idea is to pay tribute to a person, a team of people and a project that might not have been in the big headlines but that positively contributed to make the Forex world better in 2011. This market is huge and full of professionals who work every day to make the business easier and better. Our focus has been innovation and quality, and not necessarily going for the most famous names.
We present you today the 5 finalists on our list. This is a short list, and we’re aware that many other teams and people could have been nominated. It’s biased by our sensibility and our work, and we imagine every single trader has his or her own person of the year, and that’s the beauty of it.
Next week we will announce who we’ve finally elected for this title (that is going to be tough for us to decide!).
Let us thank and congratulate these people for their great contribution to the Forex market. They are very promising names.
Keep up with the high quality, good ideas and hard work, everyone!
Michael Greenberg - Founder of Forex Magnates:
Forex Magnates work in 2011 has been outstanding, converting the site as the site of reference for Forex Industry news with a 60% growth in visits from previous year. Forex Magnates biggest improvement of the year has been the launching of the quarterly report of the retail Forex industry. The quarterly report has become a hit and sold several hundreds of copies with the biggest brokers, banks, software firms among its clients. A two thumbs up work... no doubt about it.
Bijoy Kar, Howard Friend, Ron William - MIG Bank Research Team:
MIG bank has done a superb selection of industry professionals in building its Research Team which is comprised of holders of the coveted designations CFA, CMT and MSTA. They brought a wealth of financial market experience to MIG Bank's clients and also to FXstreet.com's visitors who are regularly delighted by presentations of the team members. Each presentation is a major breakthrough in analysis and trading techniques. Other research products developed by MIG Bank Research Team such as the Market Outlook reports and Trading Signals, have also grown to a force to reckon with in the Forex industry. For all the efforts MIG Bank's Research team has made to help the uneducated public in this rite of passage to the informed club, goes our nomination.
Jeff Langin, Demme Wiggins, Meherban Faroogh - 1000 Pip Club:
Becoming a successful Forex trader is a monumental task. 1000 Pip Club made it possible in an efficient and comprehensive way. First to highlight is a superb organization of the educational material: divided in two levels, Kadet and Pro, all required areas of knowledge are presented in a well choreographed balance. Second, vast areas such as technical and fundamental analysis are blended into practical intermarket studies, making of the student a jack in all techniques and a master in some. While the members area comprises 150+ hours of training videos, chart studies, articles, and definitions, what most impressed us was how well it has been organized. A firm belief in team philosophy, a mature and professional mindset and the commitment to the goal of personal improvement are those intangibles that make the FXstreet team nominate 1000 Pip Club.
Alex and Pavel Rekun - Myfxbook
Myfxbook is a Forex community and a free service for Forex traders enabling them to analyze their Forex trading account, share their trades, publish their statement, and more. It was opened to the public on August 1st, 2009 after being developed offline for almost 1 year. Although most start-up companies require initial funding to get things going, Alex Rekun and his brother Pavel decided to do it on their own in order to have complete control over Myfxbook. They started as 2 developers and are now 5 in total.
After 2.5 years online, myfxBook is still experiencing a tremendous growth with an increase of +123.58% in pageviews between 2010 and 2011, +123.82% in Users Registrations, +163.52% in Trading Accounts. Those data confirms that myfxBook is in the right path and creating the tools traders are missing in the online Forex world.
Rodolfo Festa Bianchet - Trade Interceptor
Trade Interceptor is a multibroker platform. From a single interface, users can watch bid and ask prices and trade with several brokers simultaneously, test their strategies using various broker trading execution models, watch RFX Best proprietary aggregation feed, decide which broker better suits their trading needs, and easily manage multiple trading accounts.
In February 2011- after 18 months of beta - the Live Trading on the platform was launched. Trade Interceptor possesses the best mobile technology at the moment on IOS and Android (they have just released a kindle fire edition) and is in the first positions on iPhone/iPad app under Forex all over the world (for example first in japan for iPad).
The entire registration database is now more than 125.000 users. Between 2010 and 2011, the non expiring free registrations increased of 391%. The new free registration rate is averaging 9000/10,000 per month. There are around 2.5 million sessions per month with an average length of 13 minutes each. The future of Trade Interceptor is promising, and 2012 should be the year of consolidation of this impressive start.