#fxcm 400 1 leverage

[brokerageengage-blog]

Review, Qualification & Comparison of City Indices

Trading accounts

Account type Minimum deposit Maximum leverage Spreads Average Forex trading platform £ 1001: 2001.6 pipsMT4CFD £ 1001: 2000.7 pipsAT Pro, Advantage Web.

Basically, City Index offers its clients two types of accounts: CFDs and Forex, one. There is also a betting account available for UK customers (no applicable stamp duty). All accounts are free of commissions (apart from transactions with CFDs on stocks), they offer a leverage of up to 1: 200 and variable spreads.

The company. Fund Security

Business

country

Regulation

Gain Capital UK Limited

United Kingdom

FCA

The City Index is a UK broker that offers operations in 84 currency pairs and several CFDs: 21 global indexes, more than 4,500 global stocks, more than 25 global commodity bonds, options, Bitcoin and more on various trading platforms.

Founded in 1983, City Index was one of the first companies to offer operations with spreads and CFDs in the United Kingdom. In 2015, it was acquired by the US forex giant Gain Capital for approximately 148 million dollars. Therefore, the City Index brand is currently operated by Gain Capital UK Ltd. - a company authorized and regulated by the Financial Conduct Authority (FCA).

The FCA is one of the most reliable regulators in the world, as authorized companies, must comply with a series of strict requirements and standards: capital adequacy (EUR 730,000), position reports, customer money maintenance in separate accounts, etc.

In addition, the FCA regulation includes the Financial Services Compensation Scheme (FSCS), which protects consumers up to £ 50,000 per person.

Founded in 1999, GAIN Capital Group is now a global provider of online commerce services, active in North America, Europe and the Asia-Pacific regions serving both retailers and institutions. The parent company, GAIN Capital Holdings, Inc. (NYSE: GCAP), is a currency broker and CFDs based in New Jersey. As a global publicly-traded company, regulated in 7 jurisdictions, Gain Capital meets high standards of corporate governance, financial information, and disclosure.

Except City Index, Gain Capital Group operates with the Forex.com, GTX and Gain Capital brands, FinSpreads, as well as with the Galvan CFD advisory business and the futures provider, Daniels Trading. It also offers white label solutions for online forex trading companies.

Conditions to Operate

Minimum initial deposit

To open an account with the City Index, you have to invest £ 100, which is the average. However, other providers of UK CFDs and spread-betting bets do not require any at all - IG and CMC Markets, for example.

Spreads and Commission

City Index is that it offers operations without commissions and competitive spreads, especially in the CFD account, where the average spread is 0.73 pips in the EUR / USD pair. On the other hand, the spreads of the MT4 Forex account are slightly above average, since typical spreads are around 1.6 pips for this pair.

In comparison, IG offers variable spreads, with an average of 0.8 pips in EUR / USD and also does not charge commissions. For more information, you can check and compare the real-time spreads of 15 leading brokers here.

Leverage

The maximum leverage levels offered by the City Index are up to 1: 200, which is considered an average.

If you need higher leverage ratios, many FX brokers still provide them. FXCM, for example, offers a leverage of up to 1: 400 and you can also check a list of brokers that offer a leverage of up to 1: 500 or higher here. Keep in mind, however, that greater leverage implies a greater risk of losses.

Know more about  FCB Trades

Trading platforms

City Index prides itself on the variety of commercial platforms it offers. The list includes its internal AT Pro desktop, HTML5 Web Trader, as well as the popular MetaTrader 4

The broker launched its Web Trader platform in 2018, which is much more advanced than the previous Advantage Trader, which was based on flash. The new City Index Web Trader is a state-of-the-art trading platform, built-in HTML5, which offers operators a number of valuable features, such as:

- Fast and reliable HTML5 technology for optimal performance;

- Fully customizable workspaces that allow customization and flexibility;

- Advanced graphics with custom indicators and precision drawing tools;

- Intelligent negotiation tools, including smarter negotiation tickets and advanced risk management tools;

- Cured market information with a detailed market analysis to identify trading opportunities.

The AT Pro platform is basically designed for advanced applications. Apart from powerful graphics, numerous technical indicators and customizable design, it offers automated negotiation strategies. Users can code their own unique operation strategies, there is an Excel backspace test tool available, and also operation signals.

In addition, the most popular trading platform - MetaTrader4 - is also supported by the City Index.

Payment methods

City Index customers can only use bank transfers, as well as debit / credit cards as payment methods.

It is free to make deposits with a debit card, but there is a 1.5% charge if you use a credit card.

Conclusion

City Index is part of the Gain Capital group, a leader in currency brokerage with a global presence. It offers competitive conditions to operate in forex, CFDs, as well as spreads bets on a wide range of platforms. Here are, in a nutshell, the advantages and disadvantages with respect to the Cities Index:

Pros

Cons

Strong regulation

Market Maker Model

Tight spreads, no commissions

Limited payment methods

Several commercial platforms are offered, including MT4

Part of a global core brokerage group

Wide range of products offered

[fxasker-blog]

Why does my EA have a cross next to it when I drag it onto my chart with Nexsus Financial Markets?

Why does my EA have a cross next to it when I drag it onto my chart with Nexsus Financial Markets? Read More http://fxasker.com/question/e78ef9dd7c3e0058/ FXAsker

[aubreytownsend]

ActivTrades review 2018 | Activtrades minimum deposit, bonus & leverage

ActivTrades review 2018 | Activtrades minimum deposit, bonus & leverage

Looking for the best forex broker? Your search is over. Read our ActivTrades review to evaluate the pros and cons of this online forex broker and choose on the basis of data if it is suitable for your needs. This article is dedicated to reviewing one of the best regulated brokers and to give you a clearer idea of what to expect in case you decide to open an account with them.

ActivTrades review

ActivTrades FCA regulated broker out of the United Kingdom offering is a British broker with international offices in both the United Kingdom and Bulgaria. Regulated by the Financial Conduct Authority in the United Kingdom, it allows for the type of protection that most retail traders strive to achieve. Operating since 2001, ActivTrades has been trusted for years, and executed hundreds of thousands of orders.

Trading accounts

ActivTrades offers only one type of retail account, the so-called “standard account.” However, it really doesn’t matter as you have the flexibility to trade as little as 0.01 lots, and the minimum deposit is just $100. Base account currencies can be US dollars, Euros, British pounds, Japanese yen, and Swiss francs. This offers traders the ability to function with any of the world’s largest currencies and with granularity. It should be noted that professional accounts are available, offering better execution, segregation of funds, balance protection, and many other possibilities. Your financial instrument portfolio must exceed €500,000 to qualify though. This would be similar to what is known as “an accredited investor” in the United States. Speaking of the United States, it should be noted that ActivTrades does not accept US citizens.

The company

ActivTrades, which again opened in 2001, has been trusted by hundreds of thousands of traders around the world. The company has balance protection and enhanced insurance for its depositors, which is part of the reason it has been around so long. The initial headquarters was based in Switzerland but moved to London in 2005. The company has been offering CFD markets on indices and commodities since 2008 and exploded in growth across the world in 2009.

In fact, growth has been so strong that the company has now opened trading desks in places so diverse as China, Bulgaria, and of course the Middle East. They have won several awards for Best Forex Broker, from various institutions and publications over the last several years. In 2013, they were ranked as the sixth fastest growing company in the United Kingdom, third in London, and forth overall in the financial sector by Investec. ActivTrades really won over a lot of customers when it was proactive and took measurable actions ahead of the Swiss National Bank decision to abandon the peg to the Euro, saving its clients disastrous losses. In 2018, they have opened a branch in Nassau Bahamas to better reach emerging markets.

Trading conditions

Initial deposit

The initial deposit as mentioned previously is just $100. Obviously, you can extrapolate this into the base currency if you choose to use Japanese yen, Swiss francs, Euros, or British pounds. This allows for a low barrier to entry, and the ability to trade micro lots certainly will help the new trader dip their toe in the water.

Spreads and conditions

ActivTrades offers variable spreads, with very tight target spreads. For example, the EUR/USD pair has a target of 0.5 pips, with an average of 0.58 pips being the normal condition. Even minor repairs that are typically higher in spreads find a fair deal here. For example, the SGD/JPY pair which is typically difficult to find and has a large spread, has a target of 2.9 pips, and an average of 3.05 pips per 24 hours as it spread. Some of the more exotic pairs can widen a bit such as the USD/BRL, which is almost impossible to find in a retail brokerage but does have a 100 pips spread.

Leverage

Leverage can depend on the size of your account, with higher leverage going to smaller accounts. This maxes out at 1:400, down to 1:100 if you are above €100,000 in liquidity. The major pairs obviously offer more leverage than exotics, and gold offers 1:20, while silver offers 1:10. Major indices around the world can be traded at 1:20, nonmajor indices at 1:10, and financials trade at 1:5 – these would include treasury bonds, VIX, and European bonds.

Trading platforms

There are three trading platforms to choose from with this brokerage, including ActivTrader, MetaTrader4, and MetaTrader 5. The MetaTrader platforms function as you would expect, and many people choose to go with these as they are so popular and easy to expand. The proprietary platform reminds us of the FXCM platform, with great charting and functionality. Quite frankly, all of these can be interchangeable with their functionality and mobility as they all run on cell phones as well as desktop computers, laptops, and of course tablets.

Payment methods

ActivTrades allows bank transfers, Sofort, Skrill, Neteller, and credit card deposits. There is no fee unless you use a non-EEA credit card, in which it is 1.5%. As far as withdrawals are concerned, bank transfers (SEPA), debit card, credit card, Neteller, and Skrill are all free. If you have a non-SEPA bank, there is a €15 or 15GBP charge. A bank transfer in US dollars will cost you $12.50. However, if you choose to take the ActiveTrades prepaid MasterCard, transfers are free.

Extras

ActivTrades has plenty of extras, including seminars, one-on-one training, webinars, and a webinar archive. There are also a large amount of manuals and videos that you can look into, all of which are quite good. However, the width and breadth of education is probably smaller than it is at some of the other brokers that we have reviewed.

The post ActivTrades review 2018 | Activtrades minimum deposit, bonus & leverage appeared first on The Diary of a Trader.

ActivTrades review 2018 | Activtrades minimum deposit, bonus & leverage published first on http://thediaryofatrader.com/

[thediaryofatrader]

ActivTrades review 2018 | Activtrades minimum deposit, bonus & leverage

ActivTrades review 2018 | Activtrades minimum deposit, bonus & leverage

Looking for the best forex broker? Your search is over. Read our ActivTrades review to evaluate the pros and cons of this online forex broker and choose on the basis of data if it is suitable for your needs. This article is dedicated to reviewing one of the best regulated brokers and to give you a clearer idea of what to expect in case you decide to open an account with them.

ActivTrades review

ActivTrades FCA regulated broker out of the United Kingdom offering is a British broker with international offices in both the United Kingdom and Bulgaria. Regulated by the Financial Conduct Authority in the United Kingdom, it allows for the type of protection that most retail traders strive to achieve. Operating since 2001, ActivTrades has been trusted for years, and executed hundreds of thousands of orders.

Trading accounts

ActivTrades offers only one type of retail account, the so-called “standard account.” However, it really doesn’t matter as you have the flexibility to trade as little as 0.01 lots, and the minimum deposit is just $100. Base account currencies can be US dollars, Euros, British pounds, Japanese yen, and Swiss francs. This offers traders the ability to function with any of the world’s largest currencies and with granularity. It should be noted that professional accounts are available, offering better execution, segregation of funds, balance protection, and many other possibilities. Your financial instrument portfolio must exceed €500,000 to qualify though. This would be similar to what is known as “an accredited investor” in the United States. Speaking of the United States, it should be noted that ActivTrades does not accept US citizens.

The company

ActivTrades, which again opened in 2001, has been trusted by hundreds of thousands of traders around the world. The company has balance protection and enhanced insurance for its depositors, which is part of the reason it has been around so long. The initial headquarters was based in Switzerland but moved to London in 2005. The company has been offering CFD markets on indices and commodities since 2008 and exploded in growth across the world in 2009.

In fact, growth has been so strong that the company has now opened trading desks in places so diverse as China, Bulgaria, and of course the Middle East. They have won several awards for Best Forex Broker, from various institutions and publications over the last several years. In 2013, they were ranked as the sixth fastest growing company in the United Kingdom, third in London, and forth overall in the financial sector by Investec. ActivTrades really won over a lot of customers when it was proactive and took measurable actions ahead of the Swiss National Bank decision to abandon the peg to the Euro, saving its clients disastrous losses. In 2018, they have opened a branch in Nassau Bahamas to better reach emerging markets.

Trading conditions

Initial deposit

The initial deposit as mentioned previously is just $100. Obviously, you can extrapolate this into the base currency if you choose to use Japanese yen, Swiss francs, Euros, or British pounds. This allows for a low barrier to entry, and the ability to trade micro lots certainly will help the new trader dip their toe in the water.

Spreads and conditions

ActivTrades offers variable spreads, with very tight target spreads. For example, the EUR/USD pair has a target of 0.5 pips, with an average of 0.58 pips being the normal condition. Even minor repairs that are typically higher in spreads find a fair deal here. For example, the SGD/JPY pair which is typically difficult to find and has a large spread, has a target of 2.9 pips, and an average of 3.05 pips per 24 hours as it spread. Some of the more exotic pairs can widen a bit such as the USD/BRL, which is almost impossible to find in a retail brokerage but does have a 100 pips spread.

Leverage

Leverage can depend on the size of your account, with higher leverage going to smaller accounts. This maxes out at 1:400, down to 1:100 if you are above €100,000 in liquidity. The major pairs obviously offer more leverage than exotics, and gold offers 1:20, while silver offers 1:10. Major indices around the world can be traded at 1:20, nonmajor indices at 1:10, and financials trade at 1:5 – these would include treasury bonds, VIX, and European bonds.

Trading platforms

There are three trading platforms to choose from with this brokerage, including ActivTrader, MetaTrader4, and MetaTrader 5. The MetaTrader platforms function as you would expect, and many people choose to go with these as they are so popular and easy to expand. The proprietary platform reminds us of the FXCM platform, with great charting and functionality. Quite frankly, all of these can be interchangeable with their functionality and mobility as they all run on cell phones as well as desktop computers, laptops, and of course tablets.

Payment methods

ActivTrades allows bank transfers, Sofort, Skrill, Neteller, and credit card deposits. There is no fee unless you use a non-EEA credit card, in which it is 1.5%. As far as withdrawals are concerned, bank transfers (SEPA), debit card, credit card, Neteller, and Skrill are all free. If you have a non-SEPA bank, there is a €15 or 15GBP charge. A bank transfer in US dollars will cost you $12.50. However, if you choose to take the ActiveTrades prepaid MasterCard, transfers are free.

Extras

ActivTrades has plenty of extras, including seminars, one-on-one training, webinars, and a webinar archive. There are also a large amount of manuals and videos that you can look into, all of which are quite good. However, the width and breadth of education is probably smaller than it is at some of the other brokers that we have reviewed.

The post ActivTrades review 2018 | Activtrades minimum deposit, bonus & leverage appeared first on The Diary of a Trader.

[lindajohnsonn]

FXCM Review – Pros, Cons and Verdict – Top Ten Reviews

FXCM Review

Forex Capital Markets, FXCM as it is more commonly known, is one of the larger Forex brokers around the world. It has been around since 1999, originally starting in the United States. It has been a leading provider of foreign-exchange, CFD trading, spread betting, and related services for years. This gives traders access to some of the most liquid markets in the world. FXCM was once the largest leader of the US retail Forex trading market, but in February 2017 Forex Capital Markets LLC, the brokers US branch got renamed to Global Brokerage. This was because the branch was banned by the US National Futures Association, or NFA, and has agreed to withdraw from registration with the United States Commodity Futures Trading Commission, or the CFTC. (More on this later, in the company section as they have been purchased by others since then.)

One of the Most Reliable Forex Brokers

After violations in the US, FXCM was sold to Leucadia, a financial services company. So as such, what was left of the US brokerage client base was sold off to other Forex brokers as they are not allowed to do business with Americans. Most of the client base either went to Forex.com or Oanda. The brokerages now split up between several companies, including Forex Capital Markets Limited, FXCM Australia Pty. Limited, FXCM Israel Limited (IB), and FXCM South Africa (Pty) Ltd (IB) as well. This can cause some confusion, but at this point most transactions and customer base can be found at either the UK branch or the Australian one.

The new owners of course have been much more diligent about some of the financial dealings in the company, and they do have good standing with the various regulators in these countries. However, they have a permit staying on their name in the United States, and it’s very unlikely they will ever return. In the United Kingdom, they of course are regulated by the FCA, while Australia is regulated by the ASIC. There have been no problems in either of these brokerage houses that I am aware of.

Trading accounts

FXCM offers three different trading accounts, the Mini, the Standard, and the Active Trader. The broker offers leverage up to 1:400 for the Mini account, while it offers 1:100 for the other two. It should be noted that the Mini account features a dealing desk for those who would be concerned about it. It should be noted that indices, Forex, and commodities are all available with this broker.

Trading conditions

Initial deposit

The initial deposit needed to open an account depends on which type of account you are applying for. If you are going to get a Mini account, a minimum deposit of $50 is required. A Standard account requires a minimum deposit of $2000, while an Active Trader account requires an initial deposit of $25,000. The fee structure and spreads which are discussed in the next section very depending on the account.

Spreads and conditions

Depending on the account size, you may have either a straight spread, or a small spread in commission. For example, if you are trading a Mini account, your average spread is going to be 1.4 pips on the most liquid pairs. (It is variable) However, if you are using a Standard account, your average spread will be 0.4 pips, with a commission of $4.00 added per standard lot, per side. The commission is 3 GBP in the United Kingdom. If you are trading an Active Trader account, the spread is 0.4 pips on average, plus a commission that is anywhere from $1.80 to $4.00. This changes depending on volume. It should also be noted that there is no dealing desk for both Standard and Active Trader accounts.

It should be noted that micro lots are available on all accounts, so granularity on risk management is possible through the broker.

Leverage

The Mini account offers 1:400 leverage, which of course is plenty. In fact, it’s probably too much. The Standard account offers 1:100, as does the Active Trader account.

Trading platforms

FXCM offers MetaTrader 4, Trading Station, and NinjaTrader. Through some of the more advanced platforms like ZuluTrade and Mirror Trader. The Trading Station platform is the in house platform has plenty of accolades and has a long list of awards. It has excellent charting possibilities and has been trusted by traders for years.

Payment methods

Clients can use a debit/credit card to fund and withdraw, as well as bank wire transfer, check, and ACH.

Extras

FXCM has plenty of videos and trading guides to teach you how to trade if you are a beginner. There are plenty of webinars and there is even a live classroom. Beyond that, they have the ability to provide strong research, and that of course can help those needing an extra hand. Algorithmic trading is also possible, if you are looking to do so. Overall, this is a brokerage that offers a lot to traders, and even has a market scanner guide. The educational section is one of the strongest suits when it comes to the company.

The post FXCM Review – Pros, Cons and Verdict – Top Ten Reviews appeared first on The Diary of a Trader.

FXCM Review – Pros, Cons and Verdict – Top Ten Reviews posted first on http://thediaryofatrader.com/

[thediaryofatrader]

FXCM Review – Pros, Cons and Verdict – Top Ten Reviews

FXCM Review

Forex Capital Markets, FXCM as it is more commonly known, is one of the larger Forex brokers around the world. It has been around since 1999, originally starting in the United States. It has been a leading provider of foreign-exchange, CFD trading, spread betting, and related services for years. This gives traders access to some of the most liquid markets in the world. FXCM was once the largest leader of the US retail Forex trading market, but in February 2017 Forex Capital Markets LLC, the brokers US branch got renamed to Global Brokerage. This was because the branch was banned by the US National Futures Association, or NFA, and has agreed to withdraw from registration with the United States Commodity Futures Trading Commission, or the CFTC. (More on this later, in the company section as they have been purchased by others since then.)

One of the Most Reliable Forex Brokers

After violations in the US, FXCM was sold to Leucadia, a financial services company. So as such, what was left of the US brokerage client base was sold off to other Forex brokers as they are not allowed to do business with Americans. Most of the client base either went to Forex.com or Oanda. The brokerages now split up between several companies, including Forex Capital Markets Limited, FXCM Australia Pty. Limited, FXCM Israel Limited (IB), and FXCM South Africa (Pty) Ltd (IB) as well. This can cause some confusion, but at this point most transactions and customer base can be found at either the UK branch or the Australian one.

The new owners of course have been much more diligent about some of the financial dealings in the company, and they do have good standing with the various regulators in these countries. However, they have a permit staying on their name in the United States, and it’s very unlikely they will ever return. In the United Kingdom, they of course are regulated by the FCA, while Australia is regulated by the ASIC. There have been no problems in either of these brokerage houses that I am aware of.

Trading accounts

FXCM offers three different trading accounts, the Mini, the Standard, and the Active Trader. The broker offers leverage up to 1:400 for the Mini account, while it offers 1:100 for the other two. It should be noted that the Mini account features a dealing desk for those who would be concerned about it. It should be noted that indices, Forex, and commodities are all available with this broker.

Trading conditions

Initial deposit

The initial deposit needed to open an account depends on which type of account you are applying for. If you are going to get a Mini account, a minimum deposit of $50 is required. A Standard account requires a minimum deposit of $2000, while an Active Trader account requires an initial deposit of $25,000. The fee structure and spreads which are discussed in the next section very depending on the account.

Spreads and conditions

Depending on the account size, you may have either a straight spread, or a small spread in commission. For example, if you are trading a Mini account, your average spread is going to be 1.4 pips on the most liquid pairs. (It is variable) However, if you are using a Standard account, your average spread will be 0.4 pips, with a commission of $4.00 added per standard lot, per side. The commission is 3 GBP in the United Kingdom. If you are trading an Active Trader account, the spread is 0.4 pips on average, plus a commission that is anywhere from $1.80 to $4.00. This changes depending on volume. It should also be noted that there is no dealing desk for both Standard and Active Trader accounts.

It should be noted that micro lots are available on all accounts, so granularity on risk management is possible through the broker.

Leverage

The Mini account offers 1:400 leverage, which of course is plenty. In fact, it’s probably too much. The Standard account offers 1:100, as does the Active Trader account.

Trading platforms

FXCM offers MetaTrader 4, Trading Station, and NinjaTrader. Through some of the more advanced platforms like ZuluTrade and Mirror Trader. The Trading Station platform is the in house platform has plenty of accolades and has a long list of awards. It has excellent charting possibilities and has been trusted by traders for years.

Payment methods

Clients can use a debit/credit card to fund and withdraw, as well as bank wire transfer, check, and ACH.

Extras

FXCM has plenty of videos and trading guides to teach you how to trade if you are a beginner. There are plenty of webinars and there is even a live classroom. Beyond that, they have the ability to provide strong research, and that of course can help those needing an extra hand. Algorithmic trading is also possible, if you are looking to do so. Overall, this is a brokerage that offers a lot to traders, and even has a market scanner guide. The educational section is one of the strongest suits when it comes to the company.

The post FXCM Review – Pros, Cons and Verdict – Top Ten Reviews appeared first on The Diary of a Trader.