To know Forex market trend per year-on-year data of activities

In recent years Forex industry attracts an increasing number of people, and has significant impact on investor' s behaviour for its specialty.

Per the year-on-year data of offline activities in the first quarter of 2019, WikiFX, a well-know Forex media, judges the trend of Forex market, providing investors with insight into investment.

It can be seen clearly from the above data that the number of Forex activities in the first quarter of 2019 is more than that of 2018, indicating the increasing demands of brokers and investors and booming momentum in Forex industry.

In addition to intuitive visual experience, we can have a better understanding of Forex from aspects below:

1. The organizer of activity:

The organizers are generally well-known Forex medias, which can make accurate judgement with over-round Forex information. Based on the trend of Forex market, they strive to meet brokers' demands and bridge the gap between broker and investor through activities.

The medias with great influence, do a degree, can affect the trend of an industry and are regarded as a “barometer” of industry.

The number of organizers in 2019 is basically the same with that in 2018, and several new medias have emerged. It can be seen that activities are still dominated by influential Forex medias.

Medias including WikiFX, FigureFinance, FX110 etc. held many activities in the first quarter, meaning that with great potential, Forex market is booming recently.

2. The places of activity:

With the wider distribution of the places of activity, Forex market is becoming flourishing, attracting new brokers and investors worldwide.

Meanwhile, more Forex activities held in first-tier cities means that Forex market becomes mature increasingly through challenges, laying a solid foundation for the future development. And these users turn into the backbone of Forex industry.

Compared with 2018, the number of places of activity in 2019 increases with widespread distribution in cities at home and aboard. It is more interesting that the places are not limited in first-tier cities like Shanghai etc. and spread to second-tier cities.

All these shows that Forex industry has rooted in first-tier cities and begins to march into second-tier ones. At the same time, it becomes well received gradually.

2. The types of activity:

These factors including the nature and scale of activity, the number and quality of exhibitors will be comprehensively considered to determine whether the activity is influential enough to reflect the development of Forex industry.

The form above clearly shows that the number of large-scale exhibitions in 2019 have decreased, while salons are more. The large-scale exhibition that many brokers can participate in is giving way to salon involved only one broker.

This means that through the test of time, the impetuous and fraudulent brokers have been kicked out, while the powerful brokers left behind continue to develop their business.

And Investors who “just follow broker' s instruction blindly without objective judgement before” begin to “have a better understanding of brokers and make their own judgement” .

The uplifting change presents that the living space of fraudulent brokers is getting smaller and investment environment is better. WikiFX' s performance has been recognized by users and Forex market.

WikiFX sums up three types of momentum by presenting a simple form:

1. With great momentum, Forex industry has high potential overall

2. Forex industry has rooted in first-tier cities and begins to spread to second-tier cities. Importantly, it has been recognized gradually.

3. The living space of fraudulent brokers is getting smaller and investment environment is better.