Forex Top 100 Sites Explanation
February 16, 2006 by Trader Rich
I was accused of being a spammer because of my Top 100 Sites. A user visited and stated that his forex site has 990 something backlinks and is listed on all the search engines yet he is not in the top 100. As I previously stated, these rankings are pulled from Alexa’s traffic rankings. To get a little more detailed, these are the top 100 sites pulled from the DMOZ category Business / Investing / Commodities and Futures / Forex /
DMOZ is a pretty reputable hand edited directory and Alexa has it’s limitations on knowing exactly how much traffic a site gets but it’s the best that is out there.
Since he is putting so much importance on backlinks, he must be using Google’s way of ranking sites. As much as Google would like to be the authority of all search engines, it is not and should not. They rank their sites based on a complex algorithm and weigh the ranking partly on the number of backlinks to your site. I’m not using this method because I don’t think backlinks are all that important. You can spend your days sending emails to other website operators trading backlinks to increase your ranking and if you have that sort of time, then so be it.
I’m surprised someone would go as far as accusing me of being a spammer because the data I’m pulling is "wrong." The data is not wrong. I’m relying on Alexa to provide the data and I’m processing it exactly how it comes in. Your certainly entitled to your opinion but use your words wisely because being a spammer is the furthest thing from the truth.
In an attempt to be democratic, if anyone has a forex website that is not in the top 100, please click Contact Me and send me your site URL. I’ll check the traffic rankings and include it if it makes the top 100.
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You are 100% correct. What does your list have to do with spamming?? Some people will always find a way to complain…
What I was wondering though was that I clicked on through the links to Wikipedia that you listed and I got the impression that Alexa’s rankings came not from any human edited list but are based on results of users with the Alexa toolbar. Personally, I don’t know anyone with the Alexa toolbar, and I wonder if those who would add it are representive of the Internet universe (and specifically the Forex Internet universe) as a whole.
In any case, the idea of ranking sites by traffic is very useful and I discovered some useful sites from your list that would otherwise be unknown to me. Thanks!!
Uri, thanks for the comment. Alexa actually pulls the categories for their ranked sites based on what the site is categorized in DMOZ which is the hand edited list. So forexproject.com is in the Commodities>Forex category because that is where DMOZ has placed it.
You are definately correct that the Alexa traffic rankings cannot be representative of the Internet as a whole. But it is impossible for anyone to guage the traffic habits of everyone on the internet. Alexa is actually on millions of peoples desktops but it is controversial because it does monitor surfing habits to get the statistics. Either way, there really is no way of ranking sites. What this guy was telling me was that just because a lot of sites linked to his, that means his site should be ranked higher. This may be how Google ranks sites but it doesn’t mean its right. I actually found that some of the sites in the list I had never visited before and I’ve done so many searches on google for forex sites that my fingers almost fell off. And I have never seen these sites listed. I really would like to categorize even more based on whether the site is free or pay. There is so much garbage out there trying to sell you stuff.
The currency trading (FOREX) market is the biggest and fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars. The participants in this market are banks, organizations, investors and private individuals, just like you.