Friday, February 20, 2015

Easy Forex: Best Broker Award Winner of 2013 CIOTEXPO

US Citizen are not Accepted

Special Bonus: Get upto $2000 bonus on your First Deposit (Click here to claim your bonus)

Good:
  • Fixed spreads in most markets traded. This keeps the spread tight, which is among your biggest expenses as a trader and enables you to news trade effectively.
  • Forex trading and Commodities readily available for trading.
  • The MetaTrader platform is well-known and reliable in forex market. It is often being used for years, and is very stable among the most widely used pieces of software in currency trading.
  • Accounts can be started with less than $25.
  • The deposit process is simple and quick, as possible use credit card, PayPal, and Wire Transfer.

Bad:
  • US citizen are not accepted

Review

easyMarkets is an online broker with more than ten years long history in market. Headquartered in Limassol Cyprus, the firm has offices in the united kingdom, Poland, Australia and Shanghai. easyMarkets holds the Australian Financial Solutions (AFS) License 246566 and license from Australian regulator ASIC, and also the similar regulatory bodies in the EU. As of July 2010, easyMarkets no more accepts U. S. clients and are no longer members from the NFA.

Easy Forex: Online Forex Broker

Safety & Security

As an online forex broker that has been operating as its foundation in Cyprus in 2001, easyMarkets has grown to be probably the most reliable and well-respected firms in the industry. Because of its long history, the company has a well-established security structure that allows absolutely free themes a secure and sound trading environment. Separately from regulatory supervision clients of easyMarkets are guarded from fraudulent activities through the firms employees by internal auditing.

To secure the safe transfer of client information and also to guarantee the privacy of client information, Easy Forex employs the expertise of VeriSign and the latest secure socket layer technology. Among the online security businesses most powerful participants, VeriSign is among the first choices of any firm that should protect client privacy. Charge card clearance and related tasks are performed through Barclaycard, another of the very most trustworthy firms in the financial sector. Additionally , the firm implements two layers of top class firewall systems in the server and application level against unauthorized access. Two different server farms, protected by armed guards twenty-four hours a day, ensure the protection of client data against various hazards.

Internal auditing is performed through the Cyprus member of HLB, a worldwide accounting and business advisory network founded in 1969, comprising of just one, 500 partners and 10,800 staff much more than 100 countries in over 430 offices, based on its website.

Account Types & Deposits Options

easyMarkets offers a variety of account packages and tailored to the needs and expectations of customers various financial expertise and knowledge. In addition to the mini account that is provided to beginners and those who prefer to trade with a small amount and low leverage, the mini account is the best choice, in which the minimum deposit requirement is a low $25, and the minimum transaction dimensions are $5000. 

The different leverage options vary from 100:1 to 500:1, in addition to other options based on the type of account chosen. Please note that if you improve your leverage, you also increase risk.
Along with online trading, easyMarkets clients can trade an array of products (currencies, metals, energy and agricultural commodities, Indices as well as Options)

easyMarkets is quite flexible about account deposits and withdrawals. Charge card deposits are credited instantly, eliminating the necessary waiting period associated with other brokers. It is also possible to fund your account via bank transfer.

Beginner Support

easyMarkets prides itself on the helpful and friendly attitude of support staff. Committed to facilitating the most comfortable introduction to the currency market, the support staff continuously implements new features on the website from the firm and its trading software, in accordance with the actual principle of user-friendliness and professionalism.

Online Forex Broker

In light of the principle, easyMarkets implements live training by telephone, video tours, chat solutions and an internet information center to aid the learning process of the beginner. Besides the demo account, the firm even provides a one-on-one training program for brand spanking new customers in forex market.

Advantage of Trading

There are many advantages of trading via Easy Forex, all which cannot be mentioned in the confines of the webpage. easyMarkets is really a no-misquote broker, pledging to execute your orders in the exact price quoted without errors. The freeze rate feature of the online trading platform, which will cancel an order unless it is executed within a couple of seconds, aims to prevent the errors related to web connectivity issues.

Probably the most interesting features of this broker is the wide selection of base currencies in market, such as the American, New Zealand, Singapore, Canada and Australian bucks, Norwegian Kroner, Isreali Shekel, the Euro, the Yen, and some others. This feature negates the conversion costs related to deposits and withdrawals.

The Inside Viewer tool and the Trade Controller will also be two of the unique offerings of the broker. The Inside Viewer enables you to see the positioning of your fellow traders at easyMarkets, as the Trade Controller visualizes various profit/loss scenarios within the interface.

Trading Platform

easyMarkets utilizes a web-based interface for trading. A person don’t have to download or setup any program, as your web browser will automatically run the simple online trading platform from the broker website.

The leading and popular MetaTrader4 platforms is also available.

24 hours a day, 7 days a week access to system and online trading every day except Sundays using the multi-language platform leads to a joyous trading experience. Real-time account updates, support tools including charting solutions, economic data, complex technical analysis tools and news flows supplied by Reuters, are all incorporated towards the basic package.

Summary

easyMarkets has been a major player on the online trading brokerage industry for almost 10 years in market. During this any period of time, this budding industry has witnessed a number of frauds, bankruptcies, together with technical innovations and advances. easyMarkets has been immune to any or all these scandals and credibility issues and has been in the forefront of innovation. Regulated in many across the globe and audited by reputable and reliable international institutions, the firm strives to make sure client security by remaining up-to-date with the latest industry-wide security standards in forex market.

Tuesday, February 17, 2015

Knowledge Base: Online Forex Trading

What Forex is All About?

Forex may be the "place" where currencies are traded. Currencies are important to the majority of people around the world, whether they realize it not really, because currencies need to be exchanged to be able to conduct foreign trade and business. In case you are living in the U.S. and wish to buy cheese from France, either you as well as company that you buy the cheese from needs to pay the French for your cheese in euros (EUR). Which means that the U. S. importer would need to exchange the equivalent associated with U. S. dollars (USD) into euros. Exactly the same goes for traveling. A spanish tourist in Egypt can't pay in euros to select the pyramids because a possibility the locally accepted currency. Therefore, the tourist has to exchange the euros for your local currency, in this instance the Egyptian pound, in the current exchange rate.

The necessity to exchange currencies is the primary reason why the currency market is the largest, most liquid financial market on the planet. It dwarfs other markets in size, the particular stock market, with an average traded associated with around U.S. $2,000 billion each day. (The total volume changes all the time, but since of August 2012, the lender for International Settlements (BIS) reported that the currency markets traded around U.S $4.9 trillion each day)

One unique element of this international market is there is no central marketplace for online trading. Rather, forex trading is conducted electronically over-the-counter (OTC), meaning that all transactions occur via computer networks between traders all over the world, rather than on one centralized exchange. The market place is open 24 hours a day, 5 days per week, and currencies are traded worldwide within the major financial centers of London, Ny, Tokyo, Zurich, Frankfurt, Hk, Singapore, Paris and Sydney - across nearly every time zone. This means that when the trading-day in the U.S. ends, the currency market begins anew in Tokyo and Hong Kong market. Therefore, the online forex market can be extremely active any moment through the day, with price quotes changing constantly.

Spot Marketplace and also the Forwards and Futures Markets

There are actually 3 ways that institutions, corporations and individuals market: the location market, the forwards market and also the futures market. The online forex trading within the spot market always has been the largest market since it is the "underlying" real asset that this forwards and futures markets are based on. During the past, the futures market was the most widely used venue for traders because it was accessible to individual investors for a longer period of time. Still with the advent of electronic trading, the location market has witnessed a huge surge in activity and today surpasses the futures market as the preferred trading market for separate investors and speculators. When people refer to the currency market, they usually are referring to the location market. The forwards and futures markets are certainly more popular with companies that require to hedge their foreign exchange risks out to a particular date in the future.

Very Best Spot Market?

More specifically, the location market is where currencies are bought and sold based on the current price. That price, based on supply and demand, is a reflection of a lot of things, including current rates of interest, economic performance, sentiment towards ongoing political situations (both in your area and internationally), along with the perception of the future performance of a single currency against another. Whenever a deal is finalized, this is known as the "spot deal". It is a bilateral transaction through which one party delivers an agreed-upon currency add up to the counter party and receives a specified quantity of another currency at the agreed-upon exchange rate value. Following a sacrifice of fowl. Leaving the position is closed, the actual settlement is within cash. Although the spot market is typically referred to as one that deals with transactions in our (rather compared to future), these trades actually take 2 days for settlement.

Do you know the Forwards and Futures Markets?

Unlike the location market, the forwards and futures markets usually do not trade actual currencies. Instead they handle contracts that represent claims to a particular currency type, a specific price per unit along with a future date for settlement.

Within the forwards market, contracts are traded OTC between two parties, who determine the the agreement between themselves.

Within the futures market, futures contracts are bought and sold based on a typical size and settlement date on public commodities markets, like the Chicago Mercantile Exchange. Within the U. S., the National Futures Association regulates the actual futures market. Futures contracts have specific details, such as the amount of units being traded, delivery and settlement dates, and minimal price increments that can not be customized. The exchange acts as a counterpart towards the trader, providing clearance and settlement.

Both kinds of contracts are binding and are typically settled for cash for your exchange in question upon expiry, although contracts may also be traded before they expire. The forwards and futures markets can provide protection against risk when online forex trading market. Usually, big international corporations use these markets to be able to hedge against future exchange rate fluctuations, but speculators be a part of these markets as well. (For a far more in-depth summary of futures, see Futures Fundamentals.)

Remember that you will see the terms: FX, forex, foreign-exchange market and marketplace. These terms are synonymous and all refer to the currency market.

Tuesday, February 10, 2015

Forex Trading is Not Same as Monopoly

The overall perception is that any and every person who is active in the business of trading of currency or foreign exchange is really a person who has a super high IQ. To listen to phrases and words like liquidity ratio, central bank intervention and inflationary demand can make us feel like we are in the boring and inherently avoidable lecture on economics that people were forced to attend within our college.

However, each one of these preconceived notions apart, forex or currency trading is not really the domain for your super intelligent alone.

It is obvious that you need brains to get associated with forex trading. Then, I bet you can name a single sphere of human activity that will not need the application of one's mind. A little bit of brains and lot of research can help you create a tidy sum in forex trading.

Till recently, the forex currency trading market was not open to individual investors. To engage in the process of investing of currency, you either had to be a large bank with a lot of deposits and assets under your belt or you needed to be a big financial institution that carried out the company of trading in forex becasue it is primary activity. Today you do not need lots of capital to earn money in currency trading. Several thousand dollars as the initial capital is sufficient to get started on.

The benefits of trading in currency are manifold. The greatest advantage is that the currency trading market is a place that remains open round the clock. None other financial market stays open and operation twenty-four hours each day. This round the clock functioning leads to constant and immediate reflection of economic, political and social occasions. A good investor can take advantage of the fluctuation to create huge profits.

Further, the currency market works without any centralized exchange. There is certainly direct interaction between the persons involved in currency trading on the telephone or electronic network.

However, simply because it is easy to enter the currency trading market is not to mean it is easy to make profit in the forex trading market. It is very important to possess understanding of the forex market. You will need to grasp and establish your command over basic concepts. You will need to understand the significance of the technical indicators from the functioning of the forex market. Attempting to gain complete knowledge of the currency market without actually getting into the field is like learning swimming without entering water.

By arriving at a judicious mixture of knowledge, instincts and risk, one can create a lot of money in the currency trading market, as well as forex market as it is known as, with hardly any initial investment.

Sunday, February 8, 2015

Knowledge Base: Forex Educations

Currently, every professional needs thorough education and hands-on training to be more effective and resourceful in whatever she or he does.

Any professional job will need you to train for an average of 4 years. Doctors train for over 10 years. Lawyers train for more than seven years.

Every profession entails creating a wide array of skills as well as a amount of practicum. After getting a robust foundation knowledge, most of professionals then branch out and concentrate in a single area to become specialists. This is not any not the same as a profession such as Forex trading.

The primary distinction is that most Forex traders usually do not take education seriously. Most traders today never have burnt their fingers in Forex education universities.

They may be people who want to take short cuts and make a full time income as successful traders without taking their time and effort to obtain appropriate and thorough training approach trade currencies. Shame with them!

Here are some four key things should take into consideration to make sure you get proper Forex education.

Step #1: Develop a Clear Education Goals

Training on forex trading begins with a longing to learn and a drive to be successful like a trader. Proper Forex education requires commitment and many of resources.

You have to show dedication in coming up with the goals you have to achieve when getting involved in any Forex education.

Should you sharpen your trading skills even more? Should you have sufficient skills to profitably bank 100 pips per trade? The objectives you construct are what will ignite you to work hard to attain them.

Step #2: Buy a Good Forex Education Package

It is very important mention that not every Forex training resources are born equal. The majority of the material flooding the internet space is choking with ‘fluff’ and ‘filler”, crafted by people who are better at ghost writing than at forex market.

When purchasing a Forex education course, go for content cooked by traders who have a demonstrated track record of success within the Forex market.

Do your background check to determine the relevancy and appropriateness of the education package you are looking at. You can depend on feedback of other traders or endorsements by other customers.

Step #3: Usually do not Giveup on Continuous Education

A simple profession within this planet, Forex education never ceases. You are able to only stop educating yourself as soon as you hang your boots and show the market the back.

The foreign exchange market is extremely dynamic in nature. What worked last month might not work today. So, maintaining a continuous training course will ensure you sail high in your career like a Forex trader.

Step #4: Keep Data

This one is a biggie! Individuals who have succeeded in Forex currency trading keep records. They take notes on the profitable trades and losing trades, as they climb the training curve.

Painstakingly keeping records of each trade will ensure you capitalize on your gains and steer clear of repeating the same mistakes over and over.

Although it could be demanding, the benefits of doing this will be apparent in your long run. So, usually do not whisk it away, try it and you’ll view the results.
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