Archive for the ‘Forex Broker’ Category
Wednesday, October 7th, 2009
A very important point is the choice of broker that will open the account and deposited the funds to be worked. Customer capital is deposited with FXSol through the opening of a personal account. This ensures that client funds are protected against all wrongdoing because the broker is subject to financial regulations very controlled.
FXSol has its main office in New York. Member of the National Association of futures markets (NFA), FXSol is regulated by the governing body of the futures markets in the USA (CFTC).
FXSol is registered as a Futures Commission Merchant (FCM) with the Regulatory Commission in operations on the futures market (Commodity Futures Trading Commission (CFTC)). FXSol is also a member of the National Association of futures market (National Futures Association (NFA)). As a company registered in FCM FXSol must follow very strict rules in financial terms. These rules require FXSol have blocked funds and require FXSol to submit to regular audits by the U.S. authorities. FXSol a USD 30 million blocked completely released while the NFA would require 5 million USD. (more…)
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Friday, July 3rd, 2009
Buying can be very helpful if you can make an offer properly. Let me explain the thought process involved and “how” so you can make an offer correctly, and lower your risk while maximizing your potential gain.
The making an offer on the proceeds of liquidation is very different than online auctions. The first step is to get a list of product to bid on sources of liquidation or closing out. You make a bid on items in the clearance by placing what is called a “blind made an offer” from this list of the product. This simply means that you make a bid the price you’re willing to pay a list of the product. (more…)
Tags: forex brokers, online auctions
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Wednesday, June 24th, 2009
Low Spread – The difference between “bid” (the value received when you sell), and “ask” (the amount you pay when you purchase) is called the “spread or spread” and is represented by PIPs. The PIPs represent the minimum unit of change in the value of a currency. In other words, the PIP represents the minimum value in changing a currency pair. Spread a drop or spread means a higher benefit for you, given that the cost to acquire or sell foreign currency would be lower. In other words, there is a low spread, you would pay a lower commission.
If your broker can not find it, find out who regulates the activity. Have adequate rules and capital requirements are high. If your company is in a developing country, the current rules might not be appropriate. (more…)
Tags: broker, currency market, foreign currency, forex traders, leverage, pip, winning edge
Posted in Forex Broker, Forex Software, Forex Trading Signals | 2 Comments »
Wednesday, June 10th, 2009
There are three main reasons why is the foreign exchange market, namely all countries in the world manage their foreign exchange reserves and intervene in the market, several organizations also buy and sell goods and services so that they use foreign currency to compromise and finally large number of investors speculate with them for a profit.
It is known that all operators analyze the currency market in different ways. Some operators prefer to assess what is called “fundamental analysis or macroeconomic, this implies considering and evaluating various economic issues like interest rates of the various central banks, trade balances of the various States and the economic situation of each country in particular that is reflected by economic indicators like the unemployment rate, with gross domestic product, with consumer confidence, etc. (more…)
Tags: candlestick, currency market, currency trading, demo account, economic indicators, Forex Broker, trading platform, trading platforms
Posted in Forex Broker, Forex Charts, Forex Trading Signals, Forex Training | 1 Comment »
Sunday, June 7th, 2009
The currency exchange market in the industry is the largest and fastest growing on earth, is even bigger than NASDAQ! The total revenue is greater than 3.5 trillion dollars daily. The participants in this market are central and commercial banks, corporations, institutional investors, investment funds, free, and individuals like you and me.
Forex trading is a non-delivery trade: foreign exchange market are not physically, but to be more precise, there are foreign exchange contracts to be agreed and implemented. (more…)
Tags: foreign exchange market, investment funds, nasdaq, what is leverage
Posted in Forex Broker, Forex Charts | No Comments »
Thursday, May 28th, 2009
Someone wrote me about his forex trading experience at FXOpen, let’s read!
I have to tell my experience about my trading with FXopen.
Last month I opened 2 live accounts to trade EURGBP with two forex EA’s
1)YourLucky
2)Thunder
In the first days, It was good but suddenly I began to lose.. to keep a track I did start to compare the quotations with others brokers like Tadawulfx, GTLonline and GoMarkets. All these three stay on a margin of +2 or -2 pips, which is good, but when I compared with Fxopen, the difference became until 20 pips!! Always on the assian session! and always against you!! (more…)
Tags: ea, forex brokers, forex trading, pips
Posted in Forex Broker, Forex Software, Trading Forex Online | 1 Comment »
Wednesday, May 27th, 2009
ForexEl plan-de-leveraging in Forex is very different from the kind of leverage it can find in other trading or investment.
When you leverage, borrowed in a margin for increasing the size of its operation over the funds they have available in your account.
In shares and other securities, you can leverage with the trading in your account so you can afford to double its purchase.
However, in Forex, is simply unprecedented double in most cases. When we talk about leverage in Forex, we usually refer to a four to ten times higher than the balance of your account.
With Forex, brokers can offer you this extremely high leverage because the market is so fluid, almost never have to worry because you will owe money if the transaction goes wrong. (more…)
Tags: forex brokers, leverage
Posted in Forex Broker, Forex Charts, Forex Training | No Comments »
Sunday, May 24th, 2009
I agree that per definition all retail brokers are scammers. But that’s per definition only.
We, people who have less than $10,000,000 (ten million dollars) are considered as retail traders. And we are only allowed to trade using retail brokers. We are not allowed to trade in institutional broker. If all retail brokers are scammers, then we are all doomed.
In fact, there are people who have been living comfortable by trading full time, and their account size is nowhere near 10 millions.
I also don’t think that ECN brokers are also doing this. ECN gains no profit / loss by playing with our account. (more…)
Tags: pips, scalper, scammers, stop loss
Posted in Forex Broker, Forex Charts, Forex Trading Signals | No Comments »
Sunday, May 17th, 2009
I’m not going to tell you my broker or give any specific recommendations for one, but i hope the following will help you
You will probably want a broker which is offering MT4 platform (not all do)
- check the minimum account size is okay for you
- make sure they offer demo so you can check your trading / EA on demo first
- demo should be as close as possible to live, at least the spreads should be identical
(I can tell you the executions on demo are always nice while on live they play all the games with you) (more…)
Tags: automated system, ea, forex market, mt4, robot, trading platforms
Posted in Forex Broker, Forex Robot, Trading Forex Online | 1 Comment »
Thursday, May 14th, 2009
To operate in the currency market, you need to open an account with a firm respect and recognition. The following information will provide tools necessary to take into account when choosing a Forex broker.
Low Spread – The difference between “bid” (the value received when you sell), and “ask” (the amount you pay when you purchase) is called the “spread or spread” and is represented by PIPs. The PIPs represent the minimum unit of change in the value of a currency. In other words, the PIP represents the minimum value in changing a currency pair. For example, a PIP for the pair USD / CAD is $ 0001. Spread a drop or spread means a higher benefit for you, since the cost to acquire or sell foreign currency would be lower. (more…)
Tags: currency market, foreign currency, Forex Broker, net worth, pip
Posted in Forex Broker, Forex Training | No Comments »