#forex 500 pips per day | Explore Tumblr posts and blogs

tradingcoursesdownload · 2 years ago

Text

XM Broker Review 2023: A Comprehensive Analysis of Trading Fees and Services

XM Broker Review 2023 XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC. XM has low stock CFD and withdrawal fees. Account opening is user-friendly and fast. You can use many educational tools, such as webinars and a demo account. On the other hand, XM has a limited product portfolio as it offers mainly CFDs and forex trading. Its forex and stock index CFD fees are average, and there is no investor protection for clients onboarded outside the EU. XM is a regulated broker, it is overseen by top-tier financial regulators in multiple countries . XM is also covered by investor protection in selected jurisdictions. XM Highlights 🗺️ Country of regulationCyprus, Australia, Belize, United Arab Emirates💰 Trading fees classAverage💰 Inactivity fee chargedYes💰 Withdrawal fee amount$0💰 Minimum deposit$5🕖 Time to open an account1 day💳 Deposit with bank cardAvailable👛 Depositing with electronic walletAvailable💱 Number of base currencies supported10🎮 Demo account providedYes🛍️ Products offeredForex, CFD, Real stocks for clients under Belize (IFSC) Visit Broker74.89% of retail CFD accounts lose money

Fees

XM has low trading fees for CFDs and charges no withdrawal fee. On the other hand, forex and stock index fees are only average, and there is a fee for inactivity. AssetsFee levelFee termsS&P 500 CFDLowThe fees are built into the spread, 0.4 points is the average spread cost during peak trading hours.Europe 50 CFDAverageThe fees are built into the spread, 2.5 points is the average spread cost during peak trading hours.EURUSDAverageWith Standard, Micro, and Ultra-Low accounts the fees are built into the spread. 1.7 pips is the Standard account's average spread cost during peak trading hours. With XM Zero accounts, there is a $3.5 commission per lot per trade and a small spread cost.Inactivity feeLow$15 one-off maintenance fee after one year of inactivity, followed by $5 per month fee if the account remains inactive XM trading fees XM trading fees are average. XM has many account types, which all differ in pricing. The Standard, Micro, and Ultra Low accounts charge higher spreads but there is no commission. The XM Zero account charges lower spreads, but there is a commission. The following calculations were made using the Standard account. We know it's hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compared brokers by calculating all the fees of a typical trade for selected products. We chose popular instruments within each asset class: - Stock index CFDs: SPX and EUSTX50 - Stock CFDs: Apple and Vodafone - Forex: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP A typical trade means buying a leveraged position, holding it for one week and then selling. For volume, we chose a $2,000 position for stock index and stock CFDs, and $20,000 for forex transactions. The leverage we used was: - 20:1 for stock index CFDs - 5:1 for stock CFDs - 30:1 for forex These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let's see the verdict for XM fees. CFD fees XM has low stock CFD, while average stock index CFD fees. XMFxProAdmirals (Admiral Markets)S&P 500 index CFD fee$2.5$1.1$1.4Europe 50 index CFD fee$3.1$1.2$1.4Apple CFD fee$6.7$9.4$5.3Vodafone CFD fee$2.3$14.7$14.2 Visit Broker74.89% of retail CFD accounts lose money

Account opening

XM accepts customers from all over the world. There are a few exceptions though; among others, you can't open an account from the USA, Canada, China, Japan, New Zealand or Israel. What is the minimum deposit at XM? The required XM minimum deposit is $5 for two XM Account types (Micro, Standard), which is very low, and $100 for the XM Zero account. Account types XM offers many account types, which differ in pricing, base currencies, minimum deposit and contract size. MicroStandardXM ZeroShares AccountClient countryEEA Australia Other countriesEEA Australia Other countriesEAANon-EEA and non-Australian clientsPricingNo commission, but higher spreadNo commission, but higher spreadThere is a commission, but the spread is very lowMarket spread and commissionBase currenciesUSD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, SGD, ZARUSD, EUR, GBP, JPY, CHF,‎ AUD, HUF, PLN, SGD, ZARUSD, EUR, JPYUSDMinimum deposit$5$5$100$10,000Contract size1 Lot = 1,0001 Lot = 100,0001 Lot = 100,0001 share Islamic or swap-free accounts are also available. With Islamic accounts, a flat commission is charged if you hold your leveraged position overnight instead of the percentage-based financing rates. XM doesn't offer corporate accounts. If you sign up for a non-European entity, you will not be eligible for European client protection measures. How to open your account XM account opening is fully digital, fast and straightforward. You can fill out the online application form in 20 minutes. Our account was verified on the same day. You can select many languages other than English: ArabicBengaliChineseCzechDutchFilipinoFrenchGermanGreekHungarianIndonesianItalianKoreanMalayPolishPortugueseRussianSpanishSwedishThaiVietnamese To open an account at XM, you have to go through these steps: - Fill in your name, country of residence, email address and telephone number. - Select the trading platform (MT4 or MT5) and account type. - Add your personal information, such as your date of birth and address. - Select the base currency and the size of the leverage. - Provide your financial information and answer questions about your financial knowledge. - Verify your identity and residency. You can upload a copy of your national ID, passport or driver's license to verify your identity, while utility bills and bank statements are accepted as proof of residency. Visit Broker74.89% of retail CFD accounts lose money

Deposit and withdrawal

Account base currencies At XM, you can choose from 9 base currencies. The available base currencies are: EURUSDGBPCHFJPYAUDSGDPLNHUFZAR XMFxProAdmirals (Admiral Markets)Number of base currencies10811 Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don't have to pay a conversion fee. Deposit fees and options XM charges no deposit fees. You can use bank transfers and credit/debit cards for depositing funds. Clients onboarded under IFSC can also deposit using the SticPay electronic wallet. XMFxProAdmirals (Admiral Markets)Bank transferYesYesYesCredit/debit cardYesYesYesElectronic walletsYesYesYes A bank transfer can take several business days, while payment with a credit/debit card is instant. You can only deposit money from accounts that are in your name.

XM review - Deposit and withdrawal - Deposit XM withdrawal fees and options XM charges no withdrawal fees. The only exception is bank (wire) transfers below $200, which incur a $15 fee. XMFxProAdmirals (Admiral Markets)Bank transferYesYesYesCredit/debit cardYesYesYesElectronic walletsYesYesYesWithdrawal fee$0$0$0 For credit/debit cards and electronic wallets (Skrill, Neteller), the withdrawal amount cannot exceed the amount you deposited using the same instrument. This means that you can only withdraw your trading profits via bank transfer. How long does it take to withdraw money from XM? We tested debit card withdrawal and it took 2 business days. You can only withdraw money to accounts that are in your name. How do you withdraw money from XM? - Log in to your account - Go to 'Withdraw Funds' - Select the withdrawal method - Enter the withdrawal amount Visit Broker74.89% of retail CFD accounts lose money

Web trading platform

Trading platformScoreAvailableWeb2.8starsYesMobile3.8starsYesDesktop3.4starsYes XM does not have its own trading platform; instead, it uses third-party platforms: MetaTrader 4 and MetaTrader 5. These platforms are very similar to each other in functionality and design. One major difference is that you can't trade stock CFDs on MetaTrader 4, only on MetaTrader 5. We tested the MetaTrader 4 platform as it is more widely used. MetaTrader 4 is available in an exceptionally large number of languages. XM web trading platform languagesArabicBulgarianChineseCroatianCzechDanishDutchEnglishEstonianFinnishFrenchGermanGreekHebrewHindiHungarianIndonesianItalianJapaneseKoreanLatvianLithuanianMalayMongolianPersianPolishPortugueseRomanianRussianSerbianSlovakSlovenianSpanishSwedishTajikThaiTraditional ChineseTurkishUkrainianUzbekVietnamese Look and feel The XM web trading platform has great customizability. It is easy to change the size and the position of the tabs. However, the platform feels outdated and some features are hard to find. For example, it took us a while to figure out how to add an asset to the watchlist.

Visit Broker74.89% of retail CFD accounts lose money XM review - Web trading platform Login and security XM requires two-step authentication for the account login on the website where you can deposit and withdraw. The trading platform itself, however, doesn't have two-step authentication. Search functions The search functions are OK. You can find assets grouped into various categories. However, we missed the usual search function where you can type in the name of an asset manually.

XM review - Web trading platform - Search Placing orders You can use all the basic order types. However, you won't find more sophisticated order types such as 'one-cancels-the-other'. The following order types are available: - Market - Limit - Stop - Trailing Stop Trailing Stop is available only in the MT4 desktop platform To get a better understanding of these terms, read this overview of order types. There are also order time limits you can use: - Good 'til canceled (GTC) - Good 'til time (GTT)

XM review - Web trading platform - Order panel Alerts and notifications You cannot set alerts and notifications on the XM web trading platform. This feature is available only on the desktop trading platform. Portfolio and fee reports XM has clear portfolio and fee reports. You can easily see your profit-loss balance and the commissions you paid. These reports can be found under the 'History' tab. We couldn't find a way to download them.

Mobile trading platform

XM offers MetaTrader 4 and MetaTrader 5 mobile trading platforms. Similarly to the web trading platform, we tested the MetaTrader 4 platform on Android. Once you have downloaded the MT4 mobile trading platform, you should access the relevant XM server. Just like on the web trading platform, you can choose from many languages on the mobile trading platform as well. Changing the language is a bit tricky on Android devices, as you can do it only if you switch the default language of your mobile. XM mobile trading platform languagesArabicChinese (Simplified)Chinese (Traditional)CzechEnglishFrenchGermanGreekHindiIndonesianItalianJapaneseKoreanPolishPortuguesePortuguese (Brazil)RussianSpanishThaiTurkishUkrainianVietnamese Look and feel XM has a great mobile trading platform, we really liked its design and user-friendliness. It is easy to find all the features it provides.

XM review - Mobile trading platform Login and security XM requires only one-step login for the platform, but provides two-step account login to access deposit and withdrawal functions. A two-step login procedure for the trading platform would be safer. You can't use fingerprint or Face ID authentication. Offering this feature would be more convenient. Search functions The search functions are good. You can search by typing the name of the product or by navigating the category folders.

XM review - Mobile trading platform - Search Placing orders You can use the same order types and order time limits as on the web trading platform.

XM review - Mobile trading platform - Order panel Alerts and notifications You can set alerts and notifications for your mobile, although only through the desktop trading platform. It would be much easier if you could set these notifications on the mobile trading platform as well. Visit Broker74.89% of retail CFD accounts lose money

Desktop trading platform

For desktop trading too, you can use the MetaTrader 4 and 5 platforms; we tested MetaTrader 4. It has the same design, is available in the same languages, offers the same order types, has the same search functions, and offers the same portfolio and fee reports as the web trading platform. The desktop trading platform doesn't have two-step authentication; however, XM provides a two-step account login procedure on the website where you can deposit and withdraw funds. The major difference is that you can set alerts and notifications on the desktop trading platform in the form of mobile push and email notifications. To set these, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 app's settings). You can add them if you go to 'Tools' and then 'Options'.

Markets and products

XM is a CFD and forex broker with a great number of currency pairs available for trading. However, the CFD selection is lower compared to some XM alternatives. Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XMFxProAdmirals (Admiral Markets)Currency pairs (#)557047Stock index CFDs (#)242943Stock CFDs (#)1,2611,7003,252ETF CFDs (#)--372Commodity CFDs (#)152528Bond CFDs (#)--2Cryptos (#)*-3042 Cryptos are available for customers onboarded under XM Global Limited entity. You can't change the leverage levels of the products, which is a drawback. Changing the leverage manually is a very useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, as the preset leverage levels may be high. Real stocks and ETFs XM provides real stocks for clients onboarded under XM's IFSC-regulated entity. You can trade stocks only using the Shares Account. It is a big addition compared to its competitors. XMFxProAdmirals (Admiral Markets)Stock markets (#)3-11ETFs (#)--192 Visit Broker74.89% of retail CFD accounts lose money

Research

Trading ideas XM provides trading ideas under the 'Trade Ideas' tab, where you can find various assets and their recent performances. Read the full article

3 notes · View notes

tinygreys · 2 years ago

Text

Fp markets

#Fp markets pro

#Fp markets plus

It will be automatically deleted after 30 days of inactivityįor stockbroking accounts it gets a lot higher, minimum $1000, plus the IRESS monthly fee If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to FP Markets. The table below helps chart some of the main pros and cons in key broker areas. This starts at a low point of $1,000 up to $50,000 depending on your account type so may not be feasible for more casual traders. The minimum deposit on a stockbroking account here is also very high. That would certainly discourage less-experienced traders. The monthly fee you will encounter here is also high at $55 per month to use the IRESS/Viewpoint platform. Starting with downsides of the broker, if you are looking to use the IRESS platform you will find this is only available to Australian traders. Though it is costly to manage, the IRESS service also provides great depth for more experienced traders at FP Markets. This extensive selection is supported by a great low-fee environment that is ideal for the casual trader with no inactivity fee charged at all. Pros and Cons ProsĪt FP Markets, one of the major positives is the fact you will have a wealth of assets to choose from in trading. They are further secured by offering negative balance protection, segregated accounts, and ICF insurance coverage to EU traders. When it comes to physical presence, they do only have two offices internationally but continue to offer great service worldwide including in Australia where, as a high volume stock trader you can benefit from specific accounts and features for stockbroking. You will also find a wide variety of account types here to fit every need. To back up their trusted reputation the broker has won more than 30 awards over the years. With more than 10,000 assets and different execution methods available, FP Markets is perfect for a range of traders. ( 74-89% of retail CFD accounts lose money)įP Markets is both an ECN/STP and DMA broker with spreads from 0 pips, regulated by both CySEC, and ASIC and very well known for its IRESS stockbroking service (not available outside Australia) and its wide range of assets. This can help you see exactly what they have to offer. With that in mind, you can take advantage of an excellent demo account offered by FP Markets. There are many things to consider when starting out with a broker. Very well-regulated by CySEC, ASIC, and SVG.In this FP Markets review, the expert InvestinGoal team has taken a closer look at all the key features of the broker including trading platforms, costs, minimum deposits, and more. Among traders, FP Markets is renowned for the lightning-fast execution speeds they offer. Regulatory oversight comes from some of the most respected bodies in the industry with CySEC, ASIC, and SVG all available. Founded in 2005 the broker is also very well-regulated. The company's outstanding 24/7 multilingual service has been recognized by Investment Trends as home to some of the most content clients in the industry, having been awarded 'The Highest Overall Client Satisfaction Award,' five years running from Investment Trends.įP Markets has been awarded as the ' Global Forex Value Broker' in three consecutive years (2019, 2020, 2021) at the Global Forex Awards.įP Markets has been awarded the " Best Forex Trading Experience in the EU" at the Global Forex Awards 2021.FP Markets is an experienced Australian ECN broker.

#Fp markets pro

FP Markets is an Australian Regulated global Forex Broker with more than 17 years of industry experience.įP Markets offers highly competitive interbank Forex spreads available from 0.0 pips and leverage up to 500:1 on its pro account.ĭownload FP Markets' Mobile App and trade on the go across several powerful online platforms like MetaTrader4, MetaTrader5, WebTrader, and Iress.

#Fp markets

2 notes · View notes

fxbrokersempire · 4 years ago

Text

Honest Forex Broker Review - Fx Pro

Fx Pro Trading Brokerage Fully Reviewed

In this summary we are going to make a fully reviewed explanation of Fx Pro trading brokerage in some detail.

About FxPro

Founded in 2006, FxPro has executed more than 500 million orders since its inception and has serviced more than 1.8 million clients in over 173 countries. As of 2021, FxPro lists over $100m in Tier 1 Capital and has more than 200 employees across its 4 offices.

The FxPro brand holds regulatory licenses in the United Kingdom (UK) under FxPro UK Limited, Cyprus under FxPro Financial Services Limited, South Africa, and the Bahamas. Making Fx Pro a highly trusted broker by many retail & institutional traders.

FxPro competes among the top MetaTrader brokers, offering the full suite of MT4 and MT5 platforms with multiple accounts and execution methods. The only drawback to an otherwise balanced forex broker is pricing that is slightly higher than the industry average.

In the below table please take your time to view some of Fx Pro's features & benefits:

Start Trading Like A Pro With Fx Pro

Is FxPro Safe?

FxPro is considered very low-risk, with an overall Trust Score of 93 out of 99. FxPro is not publicly traded and does not operate a bank. FxPro is authorized by one tier-1 regulator (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). FxPro is fully authorized & regulated by the following tier-1 regulators: Financial Conduct Authority (FCA). Fx Pro is extremely unlikely to be a scam broker. and has been tried & tested by Fx Brokers Empire.

Commissions and Fees FxPro's pricing is slightly higher than the industry average, putting it at a small disadvantage compared to its peers, such as Etoro or HF Markets, who both also offer the full MetaTrader and cTrader suites just like FxPro does. However what they lose in price is far outweighed with better options & service. Execution method: On FxPro MT4, you can choose either variable or fixed spreads. For the variable spread pricing, there are two types of execution-based pricing: instant and market. Instant execution is subject to requotes but no slippage, while market execution has the potential for slippage but without requotes. Commissions: FxPro offers its most competitive spreads on its cTrader platform, which uses commission-based pricing. FxPro's effective spread to trade EUR/USD is roughly 1.27 pips, based on 0.37 average spread + 0.9 pip commission equivalent on cTrader, using August 2020 data. Spreads: FxPro's floating rate model (variable spread) is available on both MT4 and MT5, with EUR/USD spreads of 1.57 pips for accounts on market execution (1.51 pips on MT5) and 1.71 for accounts with instant execution, as per August 2020 data from FxPro. Fixed pricing: On MT5, there is no fixed spread offering, and only market execution is available. Other platforms such as MT4 and web traders offer fixed pricing models. Active traders: FxPro offers an Active Trader program, & provides loyalty rewards for its longstanding traders. Executing large orders: Without question, FxPro's best feature is its ability to execute large trading orders, which can be placed with no minimum distance away from the current market price. A high liquidity broker which is important for high frequency & big money traders

Platforms and Tools Thanks to offering MetaTrader, cTrader, and its own in built proprietary FxPro Edge web platform, traders at FxPro have a diverse selection of platform options depending on their trading style. Both beginners & experts can enjoy trading and perform with there respective platforms. MetaTrader suite: FxPro offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platform for web and desktop. A notable add-on is available for MT4 which is the suite of trading tools from Trading Central that can be rather helpful. cTrader: The FxPro cTrader platform is available for web and desktop. The cAlgo platform can also be used to enable algorithmic trading when using cTrader at FxPro. Proprietary platform: FxPro Edge is a light web-based platform that has robust charts and a responsive design. There are a few default layouts, and users can drag and drop the modules to rearrange them and add new widgets. Overall, there is a good foundation established for the future, especially for such a new in built platform. There will definitely be more updated features to this platform to enhance traders performance. Research FxPro provides great daily market updates and analysis on its blog, along with content from third-party providers. Overall, we found the written articles from FxPro's in-house staff to be of a good quality. More Video content would help fill the gap in research, as FxPro's YouTube channel is mostly webinars, platform tutorials, and promotional videos. FxPro News blog: There are multiple articles per day available on FxPro's dedicated blog, including its 'Market Snapshots' series. These articles provide a daily outlook and are nicely organized, making it easy to consume, understand & apply in volatile market conditions. Traders dashboard: FxPro has a client portal where users can access sentiment data for various symbols and forex pairs, along with the trading session times and a summary of gainers and losers. There is also an integrated economic calendar. Adding trading capabilities to the client portal, or merging these features with the Edge platform, would help to centralize these resources in one place.Fx Pro Education FxPro has a general education section where it provides written materials, along with some educational videos on its website. Overall, FxPro has a good foundation of educational content. Expanding its coverage and adding other videos on some more advanced trading elements would balance out the FxPro educational offering.Written content: FxPro's educational section features mini cards with key information and short paragraphs explaining things like "what is a stop out" in less than six sentences. There are 36 cards in the Psychology section and four other areas, each with a collection of learning cards. There is even progress tracking, so you know which modules or chapters you have finished, which is a nice touch.

Mobile Trading

Alongside providing its proprietary FxPro Direct app for trading, account management, and basic market news, FxPro's mobile lineup is powered by the same third-party providers as its desktop and web-based platforms: MetaTrader (Meta Quotes) and cTrader (Spotware).

cTrader: FxPro's white-labeled version of cTrader is consistent with the web-based platform, offering traders a really friendly & easy to use trading experience with a variety of trading tools. As far as third-party mobile apps go, cTrader is very versatile.

MetaTrader: The mobile versions of the MT4 and MT5 platforms are presented as standard from the developer with default features. In 2021, FxPro is a Best in Class MetaTrader Broker due to a range on smart trading indicators & strong liquidity.

FxPro Direct: The FxPro Direct app is the broker's proprietary mobile app which supports trading for users that have a CFD account, but is mainly optimized for account management. With just a quotes, trades, and history tab, we found that the FxPro Direct app was not very ideal for trading, compared to FxPro's other available mobile platforms. Meanwhile, the FxPro Edge platform is not yet available for mobile.

While FxPro does not stand out for its pricing, FxPro is a well-capitalized, trustworthy broker that offers multiple platform options, multiple execution methods, and, for professionals, can cleanly execute large orders. Fx Pro Trust FxPro scores quite well when it comes to reputation and trustworthiness. Most importantly, they are regulated in the United Kingdom, which is reputedly safer than some regulators in the EU. FxPro also advertises that they have one of the highest counterparty credit ratings in the industry, scoring a whopping 95 on a hundred point scale, where a high score indicates a lower risk of default or bankruptcy. They also participate in the Financial Services Compensation Scheme (FSCS) that allows clients to claim compensation in the event FxPro were to become insolvent up to £80,000. They also offer clients negative balance protection under new EU guidelines that prevent clients from losing more money than they have deposited. So they are clearly not worried about liquidity issues as they have good insurances in place. One negative for FxPro is the absence of guaranteed stop‑loss orders. Some brokers offer this feature for a fee, but this is not offered by FxPro at all. Fx Pro Special Features FxPro offers traders algorithmic trading through cTrader, which is an advanced algo and technical indicator coding application that allows traders to create and build algorithmic trading strategies and custom indicators. This is a smart technological feature that is not offered by many brokers and definitely worth checking out. FxPro also offers a Virtual Private Server (VPS) that enables clients to upload and run MT4 Expert Advisors and algo bots, 24 hours a day, without needing to keep the trading terminal running. These applications also allow for back testing of trading strategies.

Fx Pro Customer Support FxPro prides itself on its "five‑star customer service," specifically its multilingual, 24‑hour Monday‑through‑Friday (24/5) customer service team. Their live phone support operates in several locations with a toll‑free number in the U.K., France, Germany, UAE, and Russia. Live chat is offered for both live trading clients and prospective clients. Unlike other brokers, they have a physical office in London with a reception desk that is open from 7:30 a.m. to 4:30 p.m. Some social media support is available on Twitter, but this is mainly news related rather than specifically for customer support.

Please Note: The FCA has a ban in place for the sale of crypto-derivatives to UK retail consumers as from 6th January 2021.

Fx Brokers Empire's Conclusion For Fx Pro

We recommend trading with this broker and find it to be a very trustworthy broker. Due to its popularity and multi tiered regulations, Fx Pro is extremely unlikely to be a scam. Fx Brokers Empire recommends using Fx Pro for its high liquidity & execution service. Along with outstanding customer support based on our own experiences & our client feedback. Using there run on line 'Trade Like A Pro' they definitely have weight in there words and offer some decent trading features. We further recommend not to start a investment account with Fx Pro in excess of £25,000 initially until you get used to the platform offered and all its features. Fx Pro is a highly popular trading choice & has a well branded name that delivers results for its traders, across Europe, Asia & most definitely in the UK as a trusted broker.

Fx Brokers Empire rates Fx Pro as a 4.5/5 star broker

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Start Trading Like A Pro With Fx Pro

#fx pro review #detailed fx pro review #fxpro #fxproreview #fxproreviewed #fx pro reviewed #fx pro best fca broker review

3 notes · View notes

mosestziporrah · 5 years ago

Text

youtube

I want to get to deep details about the video

I uploaded about forex because its beyond

The impossible.

There are places to go beyond belief

The decision rest with you

and why it's very important to

To any body to see it

So let's start by explaining what it forex

Quickly and fast first.

Forex its trading very simple, you bet either

It will go up or down.

Now when the graph/line go up or down

Each move called tick/pip very simple.

In other words the line moved up 100

Ticks or pips.

When you trade you decide the value

Per tick/pip....which mean if the line

Moved 100 ticks/pips up And you chossed

That each pip/tick

Is equel to 5 usd

100 pips/ticks x 5 usd = 500 usd profit

If it go in your direction

This is how forex work very simple and nothing. more, but the beauty in forex is that this tool give

The possibility to get rich very fast and daily market cap is 5.1 trillion which is huge monster, a

The biggest monster in the world.

Now 99.99% lose, the last 1% is devided also

and

Basically .001% have more winnings then loses.

What I try to say here...which is very important to

Any body read this and see this video.

When your mind so something

Impossible and know its true

And not scammer

Its upgrade your all inner world

Confidence, creativity,....

Even you dont know how its done.

When you see something great or unique but not impossible....its different, then see something impossible.

Top traders in the world have every 15 trades 2..3 loses this is the statistics of the best, top traders

Imagine you enter the world of trading like any other complex industry and read and explore on the web about this...you find what the limits you can do per day from trading based on what the top traders do and other ..after you filter out the scammers for sure.....

But when you saw somebody do 500 trades without single loss and it's real.....even you dont know how....your mind is jump to huge level of confidence and creativity..compare to great things....its not easy to explain this...

But it help you in other complex industries and much more....you saw it live done...from true guy...not scammer....

If the top traders have every 15 trades 2..3 loses ...and you saw someone show 500 trades or 1000 trades all of them winnings,

Its beyond the word impossible

Its bring Magical emotions

Even you dont know your confidence jump to so. high level only by see it **

It's different then great traders or whatever the industry....you saw something which impossible by any means...period

When you see such things it shape your inner world from confidence to creativity....to get whatever you want....

Remember to do great things and to do the impossible, there is huge difference ...esapcilly seeing it....not in all industry's...

Forex market is the biggest monster in the world

.....

Who I am

Moses(zeev)

Magic man

Marlin

#developers & startups #love #futurism #love quotes #batman #x-story #dc comics #deadpool #documentary #design #art #magical story #magic the gathering #magick #magical #Youtube

2 notes · View notes

expertonintl-blog · 5 years ago

Text

eToro

Website The eToro website seems very sleek upon first view, there is a lot of information on the homepage and this brokerage is marketed in a different way to others in the way that it is marketed as a social trading site where traders can copy trades of other successful traders by simply mirroring them.

I do appreciate this website a lot, it is well designed and thought out and easy to use with a lot of graphics in order to help explain certain parts of how they work. The website is available in 20 different languages which makes it accessible to a larger audience around the globe. The Company eToro is a well known fin-tech company who started in Israel by three co founders. The company was formed in 2007 and trades under the eToro name. They have offices in the UK,Cyprus, Australia with their head office based in Israel. According to their website and after some research online I was able to confirm that they are regulated by CySEC, the FCA and ASIC. They are not listed on any stock exchange but they are a well known startup company which along with the fact that they are regulated reinforces their status as being a safer broker. Their Platform and Technical Information The platform has a variety of different assets to trade from, they primarily offer CFD’s but you can also choose from stocks and cryptocurrencies. One thing to note in regard to their stock trading is that it is commission free in the EU and if you are a non EU citizen it is 0.09% spread cost per side. The first negative I can find regarding the platform is that they seem to have a wide spread on the majority of the assets they have available to trade, for example the EURUSD pair at the time of writing had a 3 pip spread where normally you will find around a 1.5 pip spread on average amongst other reputable brokers. They offer a free demo account if needed and their live accounts are made simple by only having one live account type, with the minimum deposit being $200 for this account, although for US and Australian residents the minimum is $50 and for residents of Russia, China, Hong Kong, Taiwan, and Macau the minimum first time deposit is $500. It is easy and simple to open and there seem to be no complications when I opened an account to try. In terms of the platforms they have available to trade on it can only be done via their web trading platform or their mobile app, the app is available on iOS or Android.

The app is fairly easy to use and simple to navigate, it is a user friendly app and users will have no problem in trying to open and close trades or searching for different stocks or forex pairs. The web platform is also great, it has a nice modern feel and looks good on the eye. Again it is a user friendly experience and easy to navigate around and customers should have no problem when getting to grips with it. When it comes to deposits and withdrawals one thing that is important to note is that all accounts have to be in US dollars and so once your local currency is deposited into an eToro account it is then converted into US dollars. Deposits can be made via a variety of different ways including debit or credit card, bank wire, PayPal and many other online payment systems. In order to withdraw money the account holder will need to fill out a withdrawal form, they will in most cases authorise withdrawals back to the same account they were deposited from, they normally take five days to arrive in the clients account. Another important factor to note here is that there is a $25 withdrawal fee which is very high, not good eToro! Education eToro currently offer some educational tools for their traders, these seem to be in the form of live webinars. They do also offer a tool to copy other traders positions so in essence you can learn by understanding those other traders and how they take trades, as long as they are profitable! Customer Support eToro’s customer support is a 24/5 service available Monday through to Friday and they can be contacted via telephone or email and from past experience they seem to respond within two days.

So How Reliable Are They, What Have Clients Said? After having a look at some customer reviews it seems there are a mix of the majority being negative, some average and some positive. I have mentioned in an earlier review but this could be down to the fact that when traders lose money (especially new traders) they will tend to blame the markets or their brokers. There seems to be more complaints of stop losses not being hit or glitches in their system and failure of trades being copied from one trader to another. These seem like issues with their system to me and are things that can be fixed, there are some complaints of failures to withdraw which investors reading this should be aware of. I would say that eToro is a reliable company they are regulated by the FCA which is a well respect conduct authority in the UK and they are also regulated elsewhere so will be adhering to those rules which suggests to me that they are a broker that can be trusted. In Conclusion For me I feel that eToro are a reputable broker and although they may not be perfect for professional traders due to their large spreads, they are perfect for new investors who can copy trades from more experienced and profitable traders in order to help them increase their profits. The social feel to the eToro structure is a new take on trading and it is no wonder they seem to be leading the way in that sense as their user interface is very user friendly . All in all I would recommend this broker for the new less experienced traders out there. Read the full article

1 note · View note

rvrventures-blog · 6 years ago

Text

50.17 Percent Profits in 75 Trading Days: The Success Story of RvR Ventures!

Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion a day, which much more than the volume on the New York Stock Exchange.

Also, the most traded currency is the US dollar, which features in nearly 80% of all forex trades. Nearly 90% of forex trading is speculative trading. The majority of foreign exchange trades consist of spot transactions, forwards, foreign exchange swaps, currency swaps and options. However, as a leveraged product there is plenty of risk associated with Forex trades that can result in substantial losses.

Interestingly - challenging the risk-reward ratio & trading frequency of the biggest Forex Traders & Portfolio Managers in the world, RvR Ventures achieved 50.17% profits by trading on Real ECN Account of $ 1 Million. The traders of RvR ventures traded pairs like XAUUSD, EURUSD, GBPJPY, GBPUSD, EURGBP and other cross currency pairs on Real ECN accounts with 1:500 leverage through automated & manual mode of trading based on the algorithms developed by RvR Ventures & a Dubai Based Indian Cryptographer & Forex Trader.

As per the data verified by us on the Track Record Verified & Trading Privileges verified portfolios of RvR Ventures on MyFxBook.com: (Link: https://www.myfxbook.com/members/rvr005/2739956)

RvR Ventures achieved a total gain of 50.17% on their portfolio RvR005 with a daily gain of up to 0.39%, Monthly gain of 12.62% with a drawdown of 44.5% only. Total profit of $ 5,02,116 was booked in 75 Trading Days / 3 months (15 October, 2018 – 27 January, 2019) on a total portfolio size of 1,000,000$ with 83% accuracy on 2,067 trades with 20,876 lots executed during this span on their portfolio RvR005, a Real – ECN account with 1:500 leverage.

RvR Ventures achieved profit returns ranging from 68.44%- 5.78% on their various accounts. A total profit of $ 3,473,648.50 was booked with a daily gain of 0.30 % & monthly gain of 12.64% at an average trading accuracy of 71% on total 46,811 trades executed with 66.579 lots on their portfolio through manual & automated trading as seen in Image 2.

Q&A with Mr. Kevin Albuquerque, Chief Trading Officer - RvR Ventures.

How can a trader make profits safely in highly volatile & high-risk market?

"How much can I make as a trader"? This is one of the first questions that many people ask me followed by "How long will it take"? Each person is unique in their goals. Some traders want to make millions while others want to improve their financial situation and enjoy the flexibility of Forex trading. Forex Trading has unlimited possibilities. Hence one should not be greedy & should be patient enough to focus, calculate & mitigate the risk while booking / planning profits in highly volatile currencies in Forex Trading. We took less than 5% risk on the basis of our automated trading algorithm & achieved upto 68% profits in 75 trading days.

What is the trading strategy of RvR Ventures?

We at RvR Ventures focus on profits & work on profit sharing basis only without charging any handling charges, service charges, trading commissions or fund management charges. We started working on our algorithms in 2008, so that we can trade with maximum accuracy by minimizing the risk to achieve higher profits in any type of volatile markets & on any currency pair in Forex. Making our offering a win-win situation, our proposal is very simple: We earn only if you earn.

Explaining further with more insights, Mr. Kevin Albuquerque said, "The Forex is a highly leveraged market, with typical leverage ratios ranging from 1:100 to 1:1000. If you use the maximum available leverage, your account can be wiped out in a matter of seconds when the market moves against you. I generally prefer leverage of 1:400 - 1:500. In addition, I always make sure that total risk taken by me doesn't exceed more than 10% of total portfolio size in the very beginning. Once the profits in the first few trades are booked, we generally take calculated risk on the profits earned only, keeping the principal amount entirely safe. Most of the trades opened by us are closed the same day to minimize the risk on the principal/profit amount in case of sudden one directional volatility.”

Is Forex Trading A Gamble?

All trading appears as speculative as to be little more than legalized gambling. There are no guarantees and making a profit on the exchange seems a totally random matter. The reality is that successful Forex trading is a highly skilled business that is not like betting at all. A common misconception is that Forex is gambling, but I personally do not consider it gambling. If you want to be successful at trading currencies, you need to take a Forex related course, need to be actively updated regarding latest market trends, market conditions, political – economic current affairs, economic data & economy of various countries.

Does Forex Broker play an important role in Forex Trading?

Yes, definitely, the trading platform provider & Forex brokers play an important role in the same. The tight spreads, negligible slippage and timely execution of trades always boost the confidence & accuracy of a Forex Trader, hence we always & only work with Regulated Forex Brokers.

What do you prefer: Smaller Lots – Higher Profits or Bigger Lots – Smaller Profits?

Recently, we were able to book up to 2,100$ per trade’s profit on lot sizes of just 0.30 in sequence, repeatedly and on the other hand, we also booked 1,14,000$ profits in 48 trading hours by trading on lot sizes of up to 100.00 each. It doesn't matter whether a trader trades on big or small lots, what matters is how much profit he is able to book on the same & in how much time, without holding any floating losses.

Smaller the lots, lesser the risk, however, to book 20x or 30x profits on small lot sizes you need to have accurate and in-depth knowledge about markets, volumes, moving averages, pair range, market sentiments, pivot points, resistance & support of a particular pair on which you are trading. On the other hand to trade on higher lots ranging from 25.00 to 100.00 each to achieve higher profits in few minutes, you need to be more alert, very cautious & accurate on your strategy. A movement of 1000 pips can instantly make your account stand in a floating loss of 100,000$ in minutes!

What makes your automated trading more efficient & accurate?

We have integrated more than 132 parameters including OHLC, market sentiments, volumes, Live News based volatility factors, EMA, SMA, Pivot Point based volatility assumptions, Momentum, Summary of various successful indicators, Technical Analysis, Fundamental Analysis, RSI, Fibonacci Retracement, SL TP ratio, Session-Based Volatility Calculations, Ascending, Descending, Symmetrical - Triangle Strategy, Head & Shoulder Strategy & Dynamic support & resistance trackers in a single algorithm to achieve utmost efficiency, trading accuracy & right point of entry & exit in different pairs of currencies in Forex Trading through our automated Trading & Forex Trading Strategy Algorithm.

Do you also offer Training?

Yes, recently we have started training courses for the candidates who qualify for Forex Trading. We offer extensive technical & fundamental analysis based real-time training sessions on Real ECN accounts for more than 2500 trading hours. This prepares the candidates to trade with higher accuracy in highly volatile markets. In addition, we also offer the option to experience our automated trading strategy as a guide in the learning process.

What are your future expansion plans?

We are now planning to expand our Portfolio Management Business in different countries of the world, by offering the option to copy our trades on Social Trading of various regulated Forex brokers which will help beginners, experts & professional Forex Traders, to minimize the risk & maximize the opportunity of returns on investment in Forex Trading. We have no plans to sell or reveal our automated trading robots, strategy & trading algorithms to any party.

#Professional Forex Trainers #Automated Trading Robots #Traders

1 note · View note

bluepipes1-blog · 6 years ago

Text

If you are looking for some professional assistance in the trading world, it is right time to get started with the BluePips platform. Here, you will find a variety of offers and services to get started with the healthy forex trading experience.

Beginners often seek some additional tools and guidelines to step ahead into the trading world. The latest software tools and techniques can help them to make fairer decisions to put buy and sell trades. Below we have highlighted some of the best trading packages offered by BluePips to lead your Forex Market. You can choose any of these to enjoy great returns.

Copy Trading or Mirror Trading:

Many beginners prefer to start with the copy trading experience where they can follow the trade patterns of some professional trader in the market. We offer this package with the payment of $99.99 per month so that beginners can enjoy great returns with low investment as well. Here you can get 1-5 signals per day with around 500 pips per week. This system ensures around 70 to 90 percent accuracy and the trades are transferred directly via MT4 account online.

BluePips Signals Package:

No trading decision is possible without the study of right signals in the Forex market. If you are searching for some reliable and trustworthy indicators, this BluePip signals packages is the right choice for you. With the payment of $49.99 per month only, you can gain access to 100% algorithm signals online. Our system can make a highly accurate analysis about entry and exit points to make your trades more profitable. In case if you are not interested in investingin the monthly package, the weekly package is more suitable for your needs. You can get this forex signals package by paying $13.99 per week only.

Algorithm Trading Software:

How can we forget to talk about the algorithm trading software that you can buy at $997 only a BluePip platform? It can provide you easy access to charts, strategies, and indicator files as well. We offer lifetime updates along with professional level mentoring with this algorithm.

Harmonic Software:

This harmonic indicator is available with the price tag of $297.99 only. It can help you understand the harmonic patterns in the Forex market that are quite helpful in making predictions about the future. Our tool provides universal pattern details so that you can make wise decisions to ensure higher profits in the market.

Other than this, you can also invest in Drip Trading Package to learn the effective Drip Trading strategy in the Forex Market.

1 note · View note

firsthopemedia · 4 years ago

Photo

Understanding Forex - What is Forex? Part I FIRST HOPE FINANCIAL This is a series of articles about The Foreign Exchange Market. You will learn here what Forex is , how it works and how profitable it can be. The whole series contain the following articles . . . 1. What is Forex 2. Technical analysis 3. Fundamental analysis 4. Money management 5. Compound interest What is Forex? The word Forex is an acronym for The Forex Exchange Market. This is the most liquid market on the world where you can trade or exchange one currency for another. For example, if you think that the Euro will appreciate in value and you have US dollars, you can trade the dollars for the Euros. If you are right and the Euro appreciates in value in relationship with the dollars, then you can close the position realizing a profit. That's the basic idea behind the Spot Forex Market. This is an interbank system which means that it is not centralized. There is no central exchange where currencies are traded. It is a global market. You can trade Forex online 24 hours per day, 6 days per week. This market emerged at the beginning of the 70's decade. The reason was that currencies where not backed up by gold anymore. They began floating freely. Their value depended on forces of supply and demand due to economic factors, speculation, etc. This originated the Forex Market. You can trade Forex on the Internet as I said above. There are many brokers like www.oanda.com that allow you to open an account with just $300 to $500 and start trading online. You can also get a demo account first and trade with play money just to test the waters and see if you like this market or not. Demo accounts are free with most brokers. Some brokers offer demo accounts which expire within 30 days while others never expire. It is important to trade on paper, because you can test your strategies and see if they work or not. Trading Forex is risky, but it can be very profitable too. You can trade at anywhere from 20: 1 to 400: 1 leverage. This means that the broker will lend you more money than you have on the account to trade. For example, let's say that a broker allows you to trade at 100: 1 leverage. If you use all the leverage, for every dollar that you have on the account you can trade 100. Let's say that you have $1,000. With $1,000 at 100: 1 you can trade $100,000 worth of dollars in exchange for other currencies. You multiply your trading potential a lot. This allows you to realize bigger profits, but you also incur in bigger risks. Let me show you an example. Let's say that you have 100: 1 leverage on the account and you trade at full leverage with $1,000. The EUR/USD pair (Euro/US Dollar) is trading at 1.2500. So, you enter a position on this pair. Let's say that you are long. If the market moves in your favor by just one cent (1.2600), you will double your money and end up with $2,000 on the account. If the market moves against you by just one cent (1.2400), you will lose all the money that you have on the account or most of it depending on the broker you are trading with. This can happens really quick. The market can move this much in a matter of minutes or hours. This is what makes Forex very profitable, but also very volatile. I don't know if novice traders can understand the magnitude of what I am saying here. Many people get into Forex trading only seeing half of the truth. They get pulled into this market by all the hype flying around it. I do believe that no other market in the world offer the opportunity to make money like this market does. On the other hand, there are some risks involved. It is important for new traders to trade on paper first before compromising real capital. We learn doing. I didn't learn many basic concepts about this market until I started trading with a demo account. Now, let me explain other important facts. The Spot Forex Market is traded in currency pairs. Whenever you enter a position you trade one currency for another. For example if you buy EUR/USD you are buying Euros and selling US Dollars. If you sell EUR/USD you are selling Euros and buying US Dollars. When you enter a position, you can not trade other currency pairs unless you have additional funds on your account, but you can trade several currency pairs at the same time as long as you have enough margin/funds to trade. If you have never traded Forex before, you can see how all this works when you practice with a demo account. Another thing that you would like to know is that Forex is traded in pips. Your profit on every trade depends on many aspects. One of those aspects are pips. Another one is how much leverage you are using per trade. A pip is the minimum unit that the price of a currency pair can move. For example, in the case of the EUR/USD a pip is equal to 0.0001. If the price is at 1.2500 and it moves to 1.2501, it moved one pip. If it moves from 1.2500 to 1.2600 it moves 100 pips, like in the example above. Now, how much you make on every trade depends on how many pips you make and how much money you invested on that trade. Also, what is the leverage for that account. If you trade at full leverage with a 100: 1 leverage account and you trade $1,000, if the market moves 50 pips in your favor, then you will make $500. This can happen within just a few minutes after you enter your order. Most experienced traders wouldn't recommend you to trade this way though. The reason is that if the market moves against you, then you could lose everything within minutes. It is better to have lower profit goals for every single trade and compound your profits over time. Money management principles stay that it is better to never risk more than 1% - 3% of your capital, specially if you are an inexperienced trader. This is something that I will explain more under other article of this series. Well, I hope this information have been helpful to you. This was an introduction to the Forex Market. You can read more about Forex on my other articles. market strategies

#forex #forexmarket #forexstrategies

0 notes

tradinggatorcom · 4 years ago

Text

101Investing review ✨ – Full Review (Features & Platforms)

101investing review - summary

Demo Account: Yes

Min. deposit: $250

Trading Platforms: Desktop, Web & Mobile

Assets: CFDs on Forex, Crypto, Indices, Stocks & Commodities

No commissions

Quick sign up

Visit 101investing

82% of retail investor accounts lose money when trading CFDs

When choosing an online broker for trading, especially CFDs, you may encounter misguiding information that can make the whole search complicated. 101investing is such a broker, and so we have prepared a review of the 101investing broker to make it easy for you to understand the platform.

In this 101investing broker review, we break down the platform’s features, account types, regulations and give you all the details you need to know about 101investing.

Our 101investing review: What is 101investing?

101investing is an online trading platform that provides complex financial derivatives (CFDs) on over 250 financial instruments. An investor can trade CFDs on shares, Forex, Cryptocurrencies, Commodities, Indices, and Precious Metals.

101investing firm was established in 2016 in Cyprus as part of the FXBFI Broker Financial Invest Ltd. Being in Cyprus, and the broker gets authorization and regulations from Cyprus Securities and Exchange Commission (CySEC). Like many other brokers regulated by CySEC, 101investing holds a membership position with Investor Compensation Fund (ICF), which means investors are guaranteed compensation if the broker collapses.

The broker offers several account types (Pro, Platinum, Gold, and Silver) and Islamic and demo accounts. In this review of the 101investing platform, we discuss the different trading platforms and each account’s features.

Things we like

Easy sign up

Innovative platform

Wide variety of markets

Things we don't like

High percentage of retails losing money

Trading Platforms

101investing broker offers its clients access to the powerful Meta Trader 4 (MT4) platform for trading both on the web and on downloadable software.

Meta Trader 4

The MT4 platform is rich with features that most traders love. It has a simple interface that can be easily customized to create a preferred trading environment to boost the trading experience.

The 101investing MT4 platform is downloadable from the 101investing website, both for Windows and Mac devices. You can sign up from the software or log in using your account details so that you can fully enjoy the platform.

Some of the features that you’ll find on the MT4 platform include:

9-time frames ranging from one minute to one month to allow you to set your trading time accordingly.

More than 30 in-built indicators such as RSI, Bollinger Bands, Moving Average, MACD, and many others to help you conduct comprehensive market analysis.

Complete trade history for reference and strategy testers for backtesting with the historical data.

Multiple market order types such as instant, pending, and limit orders and their execution modes.

One-click trading as well as automated trading with EAs (expert advisors).

Over 24 analytical tools such as Fibonacci and Gann tools, shapes, and arrows for easy market analysis.

MQL editor that helps you to create trading tools and customize them according to preference.

The user interface is fully customizable to suit the traders’ requirements.

Price alert notifications pop up on the trading platform or are sent to the email or show up as an SMS.

WebTrader

The WebTrader allows you to trade on the MT4 platform online without downloading the software. It’s the parent host for the 101investing trading platform.

With the WebTrader, you’ll have access to more than 250 financial assets, over 30 indicators, analytical tools, and many other features. Since it’s accessed on the internet browser, you’ll need to have a stable internet connection and a secured browser.

Markets and Trading Products

101investing offers many financial assets that you can trade as CFDs. They include:

Forex – There are over 45 currency pairs that you can trade on CFDs. The most popular currency pairs are EUR/USD, EUR/JPY, and AUD/USD.

Stocks – There are over 75 stocks (popular globally) on 101investing trading platform which are tradable on CFDs. The most-traded global stocks are Facebook, Sony, Microsoft, Intel, eBay, and Amex.

Cryptocurrencies – Popular cryptocurrencies like Bitcoin and Ethereum are available on 101investing. There are over 20 other cryptocurrencies on the platform and can be traded as CFDs.

Commodities – Both hard and soft commodities are available for CFD trading. Some of the popular commodities are gas, oil, silver, brent, coffee, corn, and gold.

Indices – You can trade the world’s most popular indices such as S&P 500, CAC 40, FTSE100, and DAX 30.

101investing Fees

Fees are charged as trading and non-trading fees. However, the broker charges no commissions on the trades, so investors can freely trade on any asset.

Trading Fees

On 101investing, the amount of trading fees varies depending on the type of account you’re holding and is commonly known as the spread.

Looking at each account type, you’ll realize that spreads start from 0.07 pips on a Silver account, 0.05 pips for a Gold account, and 0.03 pips for a Platinum account. Spreads also vary depending on the asset you’re trading on.

For example, spreads on indices start from 1.0 pip, 0.03 pips on commodities, and 0.7 pips on forex.

Non-trading Fees

Non-trading fees are charged in different ways. Such as:

Inactivity fees – an account is classified as inactive if no activity is done on the account for 60 days. After 60 days, a high inactive fee (about 160 EUR) is imposed on the account. The inactivity continues to be reviewed, and more charges are incurred after every 30 days. If the account balance is zero, the account is turned into a dormant account and can be reactivated if the investor contacts the company and funds the account again.

Deposit and withdrawal fee – 101investing does not charge a deposit or withdrawal fee. However, a small fee may apply if the amount withdrawn is less than €100.

Overnight fees – This is a fee charged on positions left open through the night. It’s also called Swap or Financing fee or Rollover fee.

How to Open an Account with 101investing

The process of opening an account with 101investing is quick and only takes a few minutes to complete. Here are five simple steps in opening a live trading account.

Step 1 – Go to the 101investing homepage and click on the “Open Account” button on the page.

Step 2 – Fill in the form requiring your details. You’ll be required to provide your valid email address and a working phone number in this form. You’ll then get a second form which will require more information like your residence address and birthday.

Step 3 – In the next step, you’ll be prompted to answer a few questions on your experience and economic profile, which will be helpful in customizing your account. The questions will be about your trading experience, your net worth, and your source of income.

Step 4 – Verify your 101investing account by providing documents showing your proof of identity and proof of address. Providing these documents is a requirement as per the KYC & AML regulations.

Step 5 – The last step is to fund your 101investing account with a minimum of $250 and start making trades. Before proceeding to this step, it’s important to carefully read through terms and conditions and understand them and continue with the process if you agree to them.

Deposit Methods

Deposits

On the 101investing trading platform, there are several payment options accepted from different regions, while others are universal. Some of these deposit methods include:

Traditional bank wire transfer.

Credit and debit cards

eWallets like Skrill, WorldPay, eMerchantPay, SafeCharge, Paydoo, and SolidPay.

All deposits are free and do not incur any broker deposit charges on 101investing. The minimum deposit is set at $250.

Withdrawals

Withdrawals on 101investing are initiated by sending a withdrawal request email to the support team or filling a request form available on the Client Portal. The request is processed within the same day or the following day, depending on the time the request was sent.

Whether you receive the cash on the same day or not depends on the payment method you’re using to receive the funds. Some like e-wallets receive payments instantly, while bank transfers can take up to 7 days.

Withdrawals are free for any amount. However, FXBFI Financial Broker Invest Ltd can charge a standard withdrawal fee of EUR 50 if the account had been left inactive or with little activity before requesting for withdrawal.

Account Types

On 101investing, you’re spoilt for choice when it comes to account types. The broker offers all clients access to a demo account, which they can use to familiarize themselves with the platform before trading on the live account.

Let’s look at the different account types.

Demo Account

The demo account allows any prospective user to test the MT4 platform and try out all available features. It’s customized to respond to real market movements and price fluctuations in real-time.

The demo account has access to virtual cash, which traders can use to practice in the demo account under real market conditions. The demo account’s risk-free nature allows new users to practice comfortably until they are familiar with the platform.

The demo account is not mandatory, so you can choose to use it or not. It’s only there for occasions when you need it. For example, you might need to test new indicators and trading strategies without risking your account balance so you can use the demo account.

Real Accounts

101investing has four account types, namely Silver, Gold, Pro, and Platinum. They all have different features that make each of them unique.

Silver Account

It allows a minimum deposit of $250.

The spreads start from 0.07 pips.

The maximum leverage is 1:30.

Trade over 250 financial assets.

No commissions.

Gold Account

Clients receive a 25% discount on overnight charges.

The spreads start at 0.05 pips.

The maximum leverage is 1:30.

Access to over 350 financial assets.

No commissions.

Platinum account

Clients receive a 50% discount on overnight charges.

The Forex spreads start from 0.03pips.

The maximum leverage is 1:400.

Access to over 250 financial assets.

No commissions.

All these three accounts have access to a dedicated account manager, free VPS, and news updates. Also, they allow hedging for both retail and professional clients.

Professional account

The professional account is exclusive and personalized for VIP clients. Such a client has to qualify by meeting any two of these requirements.

They should have a portfolio greater than $500,000 exclusive of property & cash.

Their trading history should show positions of the significant amount placed down to broker discretion.

They should have a work history as a professional trader.

Any client with proof of any two of these requirements qualifies as a professional trader, and all ESMA regulation restrictions are removed.

With the professional account, leverage goes up to 1:500 or more as they continue to trade.

Islamic Account

101investing accepts Shariah-abiding clients and thus creating an account for them which is compliant with the Shariah law. These traders enjoy swap-free trading services and can trade following their beliefs.

Leverage

The leverage varies depending on the account type, the financial asset being traded, and whether the client is retail or professional. The leverages are set in compliance with the ESMA standards as per the CySEC regulations.

Silver and gold account holders enjoy maximum leverages of 1:30, while platinum account holders enjoy leverages as high as 1:400. Retail clients have the leverages vary across assets as follows:

Forex – 1:30

Commodities and Indices – 1:20

Cryptocurrency – 1:2

Stocks – 1:5

Professional clients holding pro accounts enjoy higher leverages of 1:500 on some assets.

All clients (retail and professional) are warned of the risks involved when using leverage and encouraged to use risk management tools available on the 101investing platform.

Mobile Apps

The MT4 mobile app helps the trader experience all the powerful MT4 features right on the palm of their hands. With access to all the analytical tools and trading capabilities of the MT4 platform, traders can trade comfortably, just like with the desktop platform or the WebTrader.

The app can synch activities performed on the desktop or Webtrader and continue them on the app. For example, if you place a trade on the WebTrader, you can go on your business and later close the trade on the mobile app.

The app is compatible with Android and iOS operating systems. Once installed, clients have access to all features, including order types and their executions, charting tools, trading history, different time frames, and contact support right on the app.

Deals & Bonuses

101investing runs an affiliate program accompanied by high payouts up to $800 per successful referral. The payouts are determined by the number of trades a referral makes, VIP conditions, account upgrades, and high performance on the platform.

101investing operates under strict CySEC regulations and restrictions, which limit the offering of bonuses to the clients. Such bonuses like the first deposit bonus are not available on 101investing, even though some brokers offer it to their customers.

Such bonuses are meant to attract new clients and motivate registered members to invite others and help the platform grow. 101investing is way past that and thus focuses on quality clients and offering them quality services.

101investing Regulation

A well-regulated broker has to fulfill all compliance obligations and meet set financial standards and legal requirements for its operation in a designated region. 101investing as a part of the FXBFI Broker Financial Invest Ltd follows regulatory guidelines from CySEC and holds a license with the number 315/16.

The FXBFI Broker Financial Invest Ltd is licensed to offer both investment and ancillary services. The investment services include:

Receiving and transmitting orders placed on any financial instrument.

Executing the orders on behalf of the investors.

The ancillary services are:

Administering financial assets and keeping funds safe in services like custodianship.

Offering foreign exchange services and providing investment services.

The license is subject to the law as CySEC is a member of the European Securities and Markets Authority (ESMA). The law culminates with the EU regulation, MiFID II. It allows for the provision and operation of investment services as well as the operation of regulated financial markets to ensure high-level security for the investor and their investment.

Pros & Cons

Like any other online trading broker, there’s what to love and what not to love about 101investing.

Pros

The broker is registered and strictly regulated by the reputable CySEC regulator.

It uses the MT4 trading platform, which many clients love because of its user-friendliness and powerful features.

There is a wide selection of educational materials available for clients to learn using them.

The availability of multiple account types allows clients to open one that suits their needs and preferences.

There are multiple deposit options that clients can use to fund their accounts despite their location.

Trading on the platform is cheap as the broker charges zero commission on trades.

Cons

The spreads are not very tight.

US clients cannot open an account with 101investing.

There are no daily updates on market analysis.

The broker doesn’t offer social trading services.

The broker charges a very high account inactivity fee.

Customer Service

101investing is increasingly improving its customer service, as there are now several ways to contact the support team. The support is available on business days, Monday to Friday, from 0800 h to 1800 h GMT.

Some of the ways to contact the support team are through:

Phone – +357 80092740

Live chat on the mobile app and the website.

The online contact form on the ‘Contact Us’ page.

Email – [email protected]

The response time to any of your queries will depend on the time you send in your query, but most people seem satisfied with the live chat response speed.

The broker has created an FAQ segment where you can find answers to some of the queries you may encounter, so you might want to check through this section before reaching out to support.

Security

As mentioned earlier in this 101investing trading broker review, the broker is registered, licensed, and regulated by CySEC and adheres to EU law regulations.

Other than the broker regulations offered by regulatory bodies, the broker has invested in state-of-the-art features that keep the clients safe as they trade on the platform. Such features include:

Impenetrable firewalls and SSL software.

Platform moderation by level 1 PCI compliance service.

Servers are installed in SAS 70 certified data centers.

Clients can also trade with peace as their funds are protected in the CySEC regulations. The regulations require that clients’ funds be segregated and kept separate from the company’s funds.

Also, its membership with Investor Compensation Fund (ICF) guarantees compensation for clients with account balances of up to $20,000 in case the broker liquidates.

Taking personal measures to keep the account safe is also recommended because of the possibility of hacking by online fraudsters. Therefore, clients are encouraged to use strong passwords, two-step authentication measures, safe and protected browsers, and secure internet.

Our Conclusion on 101investing

101investing has been in operation since 2016, and within a short time, it has amassed a good client base and a good reputation. Their license numbers are legit, and their credibility cannot be questioned.

In our view, the broker is a good choice for both amateur and veteran traders. All investors, whether retail or professional, enjoy good security for their investment as well as protection for their data.

Before signing up for 101investing, we’d recommend that you check out reviews from people who have already been using the site and shared their experiences. You can also check out the 101investing website for learning materials you can use to equip yourself before starting the site.

The demo account comes in handy to prepare you for the real market as you can trade in real market conditions using the virtual cash available in the demo account. With enough practice, you’ll be ready to make huge profits from the broker.

101investing has a wide range of financial assets that you can trade on CFDs. These assets include cryptocurrencies which are now very popular in the world market. The platform offers a great opportunity to profit from all these financial assets, including stocks from big companies across the world.

Our review of the 101investing broker serves as a guide to what the broker is about and the services they offer so that you’re able to make an informed decision before choosing it as a broker of choice. You should remember that the risk involved in trading CFDs is very high, and therefore, you should look out for the investment you make to ensure you get the projected returns.

101investing

Easy to use

Min. deposit: $250

No commissions

Visit 101investing

82% of retail investor accounts lose money when trading CFDs

Accepted Countries

101investing accepts clients from select countries. Some of these countries include Czech Republic, Ireland, Greece, Netherlands, Cyprus, United Kingdom, Finland, Switzerland, Liechtenstein, Slovakia, Romania, Slovenia, Sweden, Norway, Iceland, Malta, Portugal, Austria, Hungary, Poland, Spain, Lithuania, Latvia, Croatia, Italy, Luxembourg, Estonia, Bulgaria, Germany, Denmark, and the Netherlands.

All these accepted countries belong to the European Union. Clients from the United States and other regions outside the EU are not allowed to open accounts with 101investing.

FAQ

Is 101investing legit?

Considering the broker’s registration status and the regulations imposed by the CySEC, we can comfortably say that the legitimacy of the broker is valid. CySEC ensures the safety of the investors and their investment as well as provides compensation in the event that the broker liquidates.

It’s important to understand how the platform works in terms of investing, returns, and withdrawals so that you can enjoy an easy time trading on the platform.

What’s the minimum deposit on 101investing?

All account types accept a minimum account deposit of $250 (or other accepted currencies).

What platforms are available at 101investing.com?

The 101investing trading platform is available through the Meta Trader 4 (MT4) platform and can be accessed on the web, the mobile app, and the desktop app.

101investing vs. Other Brokers

Online brokers differ in many ways, and therefore we compare 101investing with two other popular brokers offering similar services. We compare them in terms of regulations, trading platforms, financial assets, and other factors.

101investing vs. IC Markets

101investing is regulated by CySEC only, while IC Markets gets regulations from ASIC, CySEC, and FSA. This means that IC Markets accepts clients from more regions across the world and not limited to the European Union countries only.

While 101investing offers CFDs on the financial assets available on the platform, IC Markets offers CFDs, futures, Cryptocurrency, and Forex financial services, so traders have more options to invest in.

The minimum deposit on 101investing is $250, while that of IC Markets is $200. With extensive coverage worldwide, IC Markets offers more payment options to suit its large customer base than 101investing.

Both brokers have won awards in their different regions as best brokers in different categories.

Read Our IC Markets Review

101investing vs. eToro

eToro offers multi-assets where traders can invest in stocks and other assets and trade as CFDs, while 101investing only offers assets to be traded as CFDs.

101investing is regulated by CySEC, while FCA regulates eToro. With eToro’s FCA regulation, it is easily accessed by clients from countries across the world, even those outside the European Union.

eToro accepts payment from a wide range of payment methods, allowing clients to make easy deposits from any region. The minimum deposit for eToro clients is $200 (and $50 for US-based clients), while that of 101investing is $250.

Unlike 101investing, which doesn’t accept US-based clients, eToro offers its services mostly to US clients and to the rest of the world.

eToro has special social trading features which help clients to practice copy trading. This is a service that 101investing does not offer.

Read Our eToro Review

101investing

Easy to use

Min. deposit: $250

No commissions

Visit 101investing

82% of retail investor accounts lose money when trading CFDs

The post 101Investing review ✨ – Full Review (Features & Platforms) appeared first on TradingGator.

source https://www.tradinggator.com/101investing-review/

0 notes

jamesalexa · 4 years ago

Text

Top Forex Glossary List and Tools 2021 For Beginners

Forex is a prominent market, getting bigger with each passing day. Even today, the trading volume of the forex market is more than $5T daily and is expected to grow. More people, especially young ones, are taking an interest in the currency place to earn a side income. Due to this, it has become recurrent among beginners to search for things like best forex trading tips or forex trading education.

But, what they miss is getting aware of the forex trading terminology first. The market has its own slangs, acronyms, unusual terms & words, and jargons and without knowing them, it would be a little confusing for you. And that’s why, here we are sharing a list of 7 crucial forex terms, without which the market is incomplete.

7 Important Forex Trading Terminology For Beginners

1. Currency Pair

The quotation of one currency with another one is the currency pair. For example, in the pair GBP/USD, the first currency is the base currency, and the latter one is the quote currency. All the money in the world is represented with some standard ticker sign, for example, the US dollar as USD, pound sterling as GBP, Japanese Yen as JPY, etc. There are 180 currencies globally circulating in 195 countries.

Now, there are three kinds of forex pairs in the market. They are:

Major Pairs: There are in total of eight “major pairs”. Major pairs include US dollar as one of the currencies, i.e. either base or quote. The other currency with USD should be from one of the following – CAD, EUR, JPY, CHF, GBP, NZD, and AUD.

Exotic Pairs: As the name suggests, these are all exotic pairs which possess extreme instability in the market and include Hungarian Forint, Polish Zloty, and South African Rand.

Cross Pairs: The pair which do not have US dollar in either of the sides, i.e. quote or base, are cross pairs. These are comparatively volatile than Major Pairs.

ET finance offers all types of currency pairs at highly tight prices. Moreover, the broker is regulated and works under the Cyprus Securities & Exchange Commission (CySEC) with license number 359/18.

The broker offers dozens of pairs, tradable from PC as well as the mobile phone.

2. PIP

PIP, or pip, stands for percentage in points and measures the change in currency pair rates. One PIP is equal to one by 10000 or 0.0001 and is the smallest change, one unit, in an exchange rate on a pair. For example:

The current rate for the cable currency pair, i.e. GBP/USD, is $1.3217. It means one can buy 1.3217 US dollar for 1 pound sterling. If tomorrow the cable falls by 50 pips, then the rate would become $1.3167. It means now the person can buy fewer dollars in exchange for 1 pound.

3. Margin

Margin is the amount required to trade or execute an order. It can be said as the minimum money or collateral which allows a trader to take leverage, or loan, giving you access to a more massive multi-fold amount. In simple words, when trading in the margin, a trader needs to provide a certain percentage of the total order value, and the broker gives the remaining amount.

For example, an investor wants to trade ten stocks trading at $1000 per share, but he only has $500 in his pocket. So, he would take a 20X margin from the broker, i.e. 20 times of his amount, and will trade.

However, a trader should be aware that margin trading maximises both profits as well as loss.

4. Long and Short

In forex trading education and market, to “go long” means to buy the first currency in the pair and expect the forex pair to rise. It also means that the trader is selling the second currency. Similarly, to ‘go short’ means to sell the first currency and buy the second currency in the forex pair, i.e. the trader expecting the pair to fall further.

For example, take the pair GBP/USD. Going long in the cable would mean forecasting the pair to rise in favour of pound sterling. Similarly, to go short in, it would mean to sell pound and expecting the pair to fall.

5. Bid/Ask Price

The bid price is the rate at which a trader is ready to sell the pair. ‘Ask Price’ is the price at which the investor is willing to buy the currency pair. The prices are displayed with every broker and are real-time.

For example, the pair AUD/USD is trading at 0.9385/0.9384. So, here the bid price is 0.9385, where the trader will buy the pair, and 0.9384 will be the ‘ask price’, where the trader will sell the pair.

6. Spread

Spread is the difference between the bid and the ‘ask price’. It is the difference through which the broker earns from the traders. In simple words, it is the cost of executing a trade. For example, the GBP/USD is currently trading at 1.3217/1.3215, where the difference between the two, i.e. two pips, is the spread.

A good broker is that which offers tight, narrow spreads to all its users like HF trading. The broker is an Australian Securities & Investment Commission (ASIC) regulated company which provide right trading products and services to all its users. Further, the spreads offered by HF trading are one of the best and utterly transparent to understand.

7. Lot Size

Forex pairs are traded in fixed quantities called lots. A single standard lot contains 100,000 units of currency. However, now most of the genuine brokers like 2investoffer other trading lot sizes such as Nano, mini, and micro-lots. A single Nano, micro, and mini lot contain 100, 1000, 10000 units of currencies, respectively.

0 notes

allenmendezsr · 5 years ago

Text

FX Delta - By Yordan Kuzmanov

New Post has been published on https://autotraffixpro.app/allenmendezsr/fx-delta-by-yordan-kuzmanov/

FX Delta - By Yordan Kuzmanov

Buy Now

Everyone knows the trend is your friend, but the majority of traders do not know how to consistently ride the trend.

Fx Delta will transform your trading in 2 ways:

Delta phase 1:

Identify strong trends created by financial institutions such as major banks and hedge funds, while distinguishing them from weak or false trends.

Delta phase 2:

Spot the places where the trend is about to continue, or when it is about to reverse.

Get the ultimate 1-click trade signals based on riding market trends, accompanied with the best risk- reward strategy and accurate timing entry.

Trade Examples

PERFORMANCE

Below is a table containing entries and exits along with screenshots and trades information, such as entry, stop loss etc. This is the perfect place to see how the trading team, is using the Delta software.

It is really important to mention that NOT all signals generated by the software are tradable. There are clear and specific rules explained in the trading manual and the additional videos that come along with the software. Please make sure to go over these materials before you start trading!

The purpose of the trades below is to demonstrate what setups are acceptable, why they are acceptable and how to handle them. Additional to the table, you can check out the weekly video series covering majority of the examples below with further explanations on the specific situation and setup – HERE

Past success does not guarantee future performance. The trade examples below are not trading advice! The purpose of this table is educational. Trading spot forex, CFDs, futures and other financial assets carries high degree of risk!

FEEDBACK

About the strategy

FX Delta has been developed and is successfully used both by beginners and experienced traders. The user guide and accompanying video tutorials contain all the background information you should know about the strategy but are certainly not a must if you are not interested in in-depth learning.

The system scans trends in long time-frames , while simultaneously looking for market corrections on short-timeframes. The software algorithm then pinpoints the ideal market entries – the exact places with the highest probability of trend continuation and minimal risk. The algorithm uses volume and momentum along with price action to accomplish the trend identification and is suitable for intra day trading as well as long term trading.

System Components

The Delta System is composed of 2 elements:

Element 1: The Delta Scanner

A quick, efficient visual tool to pinpoint the markets that are currently moving and suitable for trading. All the markets are covered – Forex, Commodities, Stocks, Indices, Cryptocurrencies. This is the first step of the FX Delta trading process.

Element 2: The FX Delta Dashboard – Includes 3 “sub” areas:

Navigation – this section provides the general information on where we stand, what we are looking for, and the levels that will validate the setup. In technical terms, here you will find the direction we are looking to trade, the safety range and the validity of the delta pattern on the higher time frames.

Trade management – provides useful information such as: target 1 and 2 in pips, risk-reward ratio towards target 1 and 2, and stop loss in pips.

1- click shortcut trade execution buttons – our traders’ favorite part: get effortless 1-click trade alerts that contain Open Market, Set Pending, Close Trade fields.

About Yordan Kuzmanov FX Delta Developer

Yordan has started trading in 2009 when he was looking for an extra income while studying. He went through everything as a beginner: “holy grails”, automated robots and lost money.

Then, he decided to approach trading differently and to look for quality, in-depth Forex education instead of quick solutions.

He has found Vladimir Ribakov’s trading club and systems and things started falling in place. Over the years his trading has improved, and he became a guest trader for Vladimir’s club. Eventually, after completely tansforming his trading results and being consistent for years, he has joined Traders Academy Club as a chief trader.

Yordan has developed his own trading strategy because he wanted a strategy that will suite his needs and personality, and this is how FX Delta was developed in 2016.

Detailed Features

Alerts – mobile push + email + mt4 pop ups

Video lessons

Comprehensive user manual

Bonus: Rapid divergence course ebook + webinar

Aggressive and conservative setups

Shortcut buttons to open/close orders

The Delta Pattern- Unique pattern that identifies the market direction

Fully customisable layout of the Scanner and trading template

Visual trade manager. Order levels are set via horizontal lines – just drag around the chart to adjust targets/stop and entry when pending

Possibility to use fixed lots or risk of account.

Lot size/risk/volume is adjustable AFTER a signal was given.

Frequently Asked Questions

Can I use FX Delta as a beginner?

FX Delta is ideal for traders with no or little experience. The comprehensive user guide includes everything you need to know to use the system: installation instructions, how to trade and money management rules.

How can FX Delta be useful if I already use my own strategies?

FX Delta can complement your existing trading strategy by applying additional verification for your existing trades, or by expanding your strategies portfolio. It can be used to find solid directions only, and based on the directions to apply any entry method.

Can I use the system with any broker?

FX Delta should be installed on Metatrader4 platform, which is offered for free by nearly all brokers. If your broker does not offer Metatrader4 platform, you can download a free Metatrader4 platform, use it for analysis and place the trades on your regular trading account.

Will I get help with questions or installation?

Our dedicated support team will assist you with any technical, general or trading related questions you may have. You are welcome to contact us 24/7 .

How much money is required to start trading the FX Delta?

There is no minimum requirement, however it is advisable to start with at least 500-1000 (of your base currency). Of course, at the beginning it is important to practice thoroughly on a demo account.

Does FX Delta work with Crypto Currencies?

Yes, FX Delta works well with FX curency pairs, commodities, stocks and crypto currencies.

How many trades per day/week should I expect?

The average number of trades depends on market conditions since the Delta Pattern relies on volatility and momentum. If you are trading volatile markets, you will get more trading opportunities.

0 notes

abigailswager · 6 years ago

Text

FP Markets Forex broker Review 2019

New Post has been published on https://forexfacts.net/forex-brokers/fpmarkets-review/

FP Markets Forex broker Review 2019

FP Markets Forex broker Review 2018

i have to mention that originally i was not that familiar wit this broker and thought they they were a new one that hit the market just recently.

being in Europe we do not get all the brokers from all over the world and as such i had no idea who i was dealing with.

when i though they were new ,,, Boy was i wrong.

this is an australian broker with an amazing reputation and have been on the market for a very long time.

FP Markets was established in 2005, and today FPMarkets is a world leading online Bitcoin, Forex and CFDs broker.

The Regulated brokerage FPMarkets is owned by an Australian based company called First Prudential Markets Pty Ltd.

Detailed review & ratings must read FP Markets Forex broker Review 2018

Website: www.fpmarkets.com

Founded: 2005

Company: First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFS Licence No. 286354).

Headquarters: Level 5, Exchange House 10 Bridge St Sydney NSW 2000, Australia

Regulation: ASIC

International offices Shanghai, Beijing , more will follow expected in Europe Broker Type ECN/STP • STP Broker Status Independent Broker Accept U.S Clients No Live Chat Yes Phone +61 2 8252 6800 Email [email protected] Website Languages Chinese, Spanish. English

FP markets is today one of the top Forex, CFD and Bitcoin brokers in the ever growing STP/ECN retail Trading arena.

FP markets Regulation

At this moment FPmarkets, is regulated by ASIC and operates with the license number 286354 issued by the Australian Financial Services.

Today they look to expand their operation and are in the process of acquiring the license for Cysec which will allow them to enter the European market and give the traders there the opportunity to trade with this brokerage.

The Company provides Trading services to traders from all over the World while their largest base is still Australia and surrounding Asian countries.

Therefor the second language is Chinese and third Spanish but while they enter now the European market is expect more language are to follow.

FP markets Awards & Promotions

FPmarkets has collected till today over 35 industry awards for their pursuit and executions of excellence. especially their customer relations and the manner and period they are dealing with trader related issues is one of the best in the industry.

The offer some promotions but are not pushing this as they understand theat their clientele are more interested in their trading conditions. also they do not have any competitions and contests.

Their promotions are accessible for the new as well as the existing clients.

The promotions and ongoing offers they are running at this moment will always displayed at the FAQ page instead of their dashboard or homepage.

FP markets Trading Platforms

IRESS trader

The underlying asset prices are shown on the powerful, web based IRESS trader ( find here a guide about this platform). This platform is known to be the most advanced CFD trading software in the industry as it will enabling Traders and investors to execute trades in multiple products on up to 8 global financial exchanges.

Very recently in early 2017 IRESS launched its upgrade to the Iress trader platform built on efficient HTML5 code. The new platform provides multi-product execution and access to level 2 exchange data as standard. The new fluid and intuitive interface design coupled with major upgrades to charting and analytic tools cements Viewpoint as the future of trading systems.

youtube

IRESS trader Key Features:

Ability to set alerts on news and price levels

Ability to set alerts on trade execution, news and price levels

market heat map

Real-time financial news

Access to trade pre and post market auctions

Advanced charting

Advanced order management

Compatible for Windows or MAC

Compatible, on iPhone, iPad and Android devices

Customize and save multiple watch lists

Enhanced charting

Fast and easy order placement

High performing tools

Highly customizable interface

HTML 5 technology supported on all major web browsers

Live dynamic pricing

Module linking

Track portfolio and holdings

Transparent Pricing

FP markets Metatrader 4

Besides this Trading Platform they offer access to the one and only Metatrader 4 trading platform.

The FP Markets Metatrader 4 platform is designed to give traders an advantage in the dynamic world of Forex trading. A true ECN trading environment with advanced charting, real-time quotes, detailed news and insights and a suite of automated trading options (EA’s). traders are able to trade with leverage up to 500:1 and spreads from as low as 0.0 pips.

Metatrader 4 Platform Features

Streaming Live Prices on Live and Demo platforms

Market Watch and Multiple Chart Windows

Numerous Order types

Expert Advisor and Indicator tools for trading

One Click Trading

Multiple add-on platforms to access your trading anywhere, anytime

Client Terminal security communicates over a 128bit Secure Encryption

Alerting features

Fully customisable desktop, including background, font and chart colours

Multiple Language options changeable at a click of a button.

FP markets Metatrader 5

One of the most technologically advanced trading platform. The FP Markets MT5 offers modern traders accessto a world of opportunity.

MT5, the metatrader platform is the evolution of Metatrader 4 (MT4). Having invested in continuous development, testing and enhancements the Metatrader Platform 5has been established as an extended next generation trading platform.

MT5 offer traders the opportunity to trade an extended number of instruments from a variety of asset classes. Traders are able to trade using different settings from the same account and more importantly the same interface.

the key features that made MT4 the most sought after and used trading platform, not only been maintained on the upgraded MT5 but have also been improved allowing traders to trade on a whole different level.

Being a truly multifunctional platform, MT5 includes all new features which have been developed using state of the art technology.

Trade Forex, Indices, Commodities & Bitcoin on the FP Markets MT5 platform

Trading Conditions

Ultra Low Spreads from 0.0

67+ Trading Instruments

$200 Initial Deposit

Leverage up to 500:1

Metatrader 4 Platform Features

Trade via your PC, Web-trader, Mobile or Tablet

One Click Trading

Display Currency Market Depth

6 pending orders types including Buy Stop Limit and Sell Stop Limit

80+ inbuilt indicators & graphical objects

21 timeframes

Inbuilt Economic Calendar

Improved strategy tester for EAs

Hedging allowed

FP markets Assets

This is at the same time one of their most noticeable features. This broker has a huge amount of trad-able assets .

When you open a CFD account with just $1,000 it will give you access to 10,000 financial instruments to trade.

These range from forex pairs, ETFs, indices, equities, futures contracts till commodities across multiple global markets.

FP markets Offers Bitcoin Cryptocurrency Trading

The opportunity for cryptocurrency trading with the Bitcoin underlying asset has been introduced by FPmarkets to the MT4 forex account with leverage up to 10:1.

When trading BTC traders don’t own the actual Bitcoin asset, but predict price movements of the underlying Bitcoin asset against other major currencies such as the USD ( currently only outside the EU till their regulation with Cysec comes through).

FP Markets Account Information

$100,000 Demo Account

Forex traders are given the potentially valuable opportunity of testing the MetaTrader4 trading software with a demo account and $100,000 of virtual funds.

Practice trading is completely risk-free and provides a practical way to learn about the tools and charts on the MT4 platform as well as the quality of this Broker.

All that FPmarkets requires for opening a demo account is a name, email address, phone number and country from anybody requesting a demo account.

Islamic Account FP markets

FP Markets does offer Islamic accounts but Swap-free Islamic accounts are available at FP markets on request and only after setting up one of the regular MT4 or MT5 Forex accounts.

When your request is approved they will convert your regular account to an Islamic account. This means that the account becomes free of swap charges or swap credits on trading positions remaining open overnight. Keep in mind thou that positions remaining open over two consecutive days are charged an administration fee by FPmarkets.

there are 2 Forex Accounts :

Standard ECN RAW Minimum Opening Balance $ 200 AUD or equivalent $ 1000 AUD or equivalent Spreads From 1.0 pips From 0.0 pips Instruments 50+ FX pairs, metals, Indices, Commodities 50+ FX pairs, metals, Indices, Commodities Maximum Leverage 500:01:00 500:01:00 Execution STP-Pricing ECN-Pricing Commission per Lot Zero AUD $3.5 per 100,000 Minimum Trade Size 0.01 Lot 0.01 Lot EA’s Yes Yes Mobile App Yes Yes VPS Available Yes Yes

#FP Markets Trading Conditions #fpmarkets accounts #fpmarkets bitcoin #fpmarkets broker #fpmarkets cryptocurrency #FPmarkets Customer Support #FPMarkets Education and Research #fpmarkets forex broker #fpmarkets metatrader 5 #fpmarkets MT5 #FPmarkets Payment Methods #fpmarkets review #fpmarkets reviews #FPmarkets Trading Platforms #Islamic Account FPmarkets #Cryptocurrency Brokers #Forex Brokers

0 notes

thechend-blog · 8 years ago

Text

Scalping

Scalping is the skimming of small profits on a regular basis, by enter in and out of positions several times per day. Scalping involves never carrying a position into another trading period or holding a position overnight.

While a day trader may look to take a position once or twice or even a few times a day, scalpers are much more frenetic and try to skim really small profits multiple times in a session.

A day trader might trade off the 5 minute and 30 minute charts, scalpers trade of tick charts and minute charts.

Some scalpers like to take advantage of high velocity moves that occur around the time if the release of economic data and other important news events.

Scalpers try and scalp between 5 and 10 pips from each trade and repeat this process over and over throughout the day. Remember with one standard lot the value of one pip is about $10. So, for every five pips of profit made, the trader can make $50 at a time. Repeat this 10 times a day and you have $500 in the bag.

Scalpers need to sit infront of their computers for the entire session and they need to enjoy the intense concentration that it takes to scalp. You can't really be distracted if you are trying to scalp small movements like five pips at a time. You have to react very quickly without analysing your every move. There is no time to think only time to pull the trigger at the right time - especially true in order to cut a position if it its moving against you by two or three pips.

The differnce between a market maker and a scalper is important to understand. A market maker earns the spread, while a scalper pays the spread. So when the scalper buys on the ask and then sells on the bid he has to wait for the market to move enough to cover the spread he has just paid. Conversely the market maker sells on the ask and buys in the bid, thus gaining a pip or two as profit for making the market. Thus, the risk of a market maker compared with a scalper, although they are both seeking to be in and out of positions very quickly and very often, is much better for the market maker than the scalper. Market makers love scalpers because they trade often and pay the spread, which means that the more the scalper trades the more the market maker will earn for the one or two pips from the spread.

Setting up to be a scalper requires that you have very good access to the market makers with a platform that allows for very fast buying or selling. Usually the platform will have a buy button and a sell button for each of the currency pairs. In liquid markets, the execution can take place in a fraction of a second.

Picking a broker: Remember that the forex market is international and largely unregulated. As a trader it is up to you to research and understand the broker agreement and define what your responsibilities are and the responsibilities of the broker. You must be aware of how much margin is required if your positions go against you, which could mean an automatic liquidation of your account if you are too highly leveraged. Ask questions to the brokers representative and make sure you hold onto the agreement documents. Read the small print.

You have to become very familiar with the trading platform that your broker is offering. Always open a practice account and practice with the platform until you are completely comfortable using it. Since you intend to scalp there has to be no room for error in using your platform. Platform mistakes and carelessness can and will cause losses.

You need to be sure that your trade will be executed at the level you intend. Therefore be sure to understand the trading terms of your broker. Some brokers might limit their execution guarantees to times where the markets are not moving fast. Others may not provide any form of execution guarantee at all.

You can't afford slippage in addition to the spread so you have to make sure your order can and will be executed at the order level that you request.

Liquidity: As a scalper it makes sense that you only want to trade the most liquid markets, these are usually the major currency pairs, such as EUR/USD or USD/JPY etc. Also depending on the pair certain sessions will be more liquid than others. Even though the market is 24/7 the volume is not the same at all times a day. Usually, when London opens at around 3am EST, volume picks up in London as London is a major centre for forex trading. At 8am EST, New York opens and adds to the volume being traded. Thus when two of the major forex centers are trading this is usually the best time for liquidity. Sydney and Tokyo are the two other major volume drivers.

Redundancy: The practice of insuring yourself against catastrophe. In trading, means having the ability to enter and exit trades in different ways. De sure your internet connection is as fast as possible. Know what you will do if the internet goes down. Do you have a phone number direct to a dealing desk? And how fast can you get through and identify yourself? All these factors become very important when you are in position and need to get out quickly or make a change.

Getting prepared to scalp:

Get a sense of direction -

It is always helpful to trade with the trend at least if you are a beginner scalper. To discover the trend set up a weekly and daily time chart and insert trend lines.

Fibonacci levels and moving averages are your "lines in the sand" and will represent support and resistance areas. If your charts show the trend to be upward bias then you want to start buying at the support levels if they are reached. Vice versa with a resistance and downward bias. Depending on the frequency of your trades, different types of charts and moving averages can be used to help determine direction.

Prepare your trade charts:

Set up a 10 minute and a 1 minute chart. Use the 10-minute to see where the market is currently trading and the one minute to actually exit and enter your trades. Be sure that you can toggle through the time frames.

In this system we've included a three plot RSI with the plot guides set to 90% and 10%. Only trade on the short side when the RSI crosses over the 90% plot guide, and the long side when the RSI reaches below the 10% plot guide.

It is best to wait for the second crossing into either of the two zones. That is only enter/ take the trade if the RSI goes into the zone on the second consecutive attempt.

Before you trade, test out your strategy, using a practice account keep a record of all of your winning trades and all of your losing ones. Stop your losses quick and take your wins when you have your 7 to ten pips. This is some randoms scalping process so try your own bruh.

Remember that too much analysis will sometimes cause paralysis, therefore practice your methodology until it becomes automatic for you, even boring because its so repetitive. Professional traders are not gambler, they are speculators who know how to calculate the risk, wait for the odds to be in their favor and manage their emotions.

When and when not to scalp: Remember, scalping is high speed trading and therefore requires a lot of liquidity to ensure quick execution of trades. Only trade the major currencies at peak volume times like when New York and London are trading. Don't scalp if you aren't feeling focused for whatever reason. Set the amount of losses that will stop you trading for that day. If you have a string of losses stop and give yourself time to regroup - don't try and get revenge on the market.

Always keep a log of your trades, use screenshots to record your trades and file them etc.

By learning from scalping and then slowing down you can become a day trader or maybe even swing trader because of the confidence and practice gained from scalping.

ADHEREING TO A STRICT EXIT STRATEGY IS THE KEY INTO MAKING SMALL PROFITS INTO LARGE GAINS AND NOT ERASING YOUR ENTIRE ACCOUNT.

0 notes