Saturday, June 4, 2016

forex broker with money

FOREX BROKER REVIEW
Forex Broker Reviews Financial marketplaces are perceived as places where fortunes are made and lost. The Forex market deals with the buying and selling of one nation’s currency against that of another nation’s currency. It is always a differential exchange between the two currencies, which will increase or decrease in value, just like the investors Forex account.

Can a Small Investor Make Money in the Forex Marketplace?

Yes, money can be made by the small investor, but first the spread (broker’s commission) must be taken care of. It is the price of doing business in many financial markets.

Can a Person with Experience in Stocks and Bonds Translate that Experience to Forex Yes, while Forex is a differents type of market, it follows many of the rules of the better established markets..

Is the Size of the Forex Broker a Good Indicator of an Honest Broker??

There are many players in the Forex marketplace and yes size and years in business are good indications of a broker’s success.

What is the Best Way to Start Trading Forex?

All Forex brokers offer practice accounts to prospective customers. The individual can use these practice accounts just like live accounts and learn the process of trading Forex without risking real money. It is essential that each individual investor understand the workings of a Forex brokers platform. The individual must be prepared to reload the program after crashes and to modify the platform to give signals when a buy or sell order is indicated. Once the individual is fully comfortable with the broker’s platform, it is time to begin trading the practice account. Brokers will offer large sums and leverages to anyone opening a practice account but it is best to practice with an amount and a leverage that will, eventually, be used to trade live.

Forex TraderIs Education in Forex Available from Brokers?

There is a great deal of information and education available from the various brokers, and the individual investor is advised to take advantage of as much education as he or she can handle. There are countless books and Ebooks written on the subject, but, unfortunately, there is much misinformation by “gurus” who will explain Forex secrets to anyone who pays for a program. These programs vary from a monthly to a one time charge and should be avoided by the individual until he or she has read many of the books and Ebooks available.

Are There Times of the Day or Night When the Forex Markets Have Greater Activity?

Because Forex is a world market, its hours are around the clock and differents market will be begin and amp up the Forex volume. Presently the London Forex market is the largest market and it begins at a normal business time in the United Kingdom, which is the middle of the night for those traders in the states.

Some investors wake up to trade the London hours, while others rely on trading during the day and evening. There are those traders who trade the Asian or European markets.
It is a curse and a blessing that the hours of the Forex market are continuous from Sunday afternoon until Friday at quitting time.
Forex Trading Platform ReviewIt is not easy and you need to be determined!

Can a Person Trade Forex in Their Spare Time?
Yes and no. A person can return from a full day’s work, and turn on their computer to access the Forex markets and practice trading, but when real dollars are at stake, the pressure becomes too great to only trade on this schedule.

Is Trading With A Forex Broker an Easy Way to Make Money?
Yes I an traning to forex check to make money. But I am not knowledge  with full of forex details.


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ABOUT MARKETPULSE FOREX

Welcome to MarketPulse with forex

MarketPulse is a forexs, commodities, and global indices, analysis, and news sites. Our main goal is to provide timely and informative commentary on major macroeconomic trends, technical analysis, and worldwide events that impact differents asset classe and investor.

Established in 2006 by a team of securities analysts, MarketPulse publishes insightful commentary daily with full-time coverage of the world’s largest financial markets.
This website is a free resource that isnot imposes fees or paywall on its readership. We welcome and encourage your feedback.

The topics we provide commentary on are published in the following subsections-

v –Dean’s FX — OANDA’s Director of Currency Analysis, Dean Popplewell, writes daily on the global currency, Treasury bond, and commodities markets.

v –MarketPulse – Up-to-the-moment financial market trends and their immediate impacts on currencies, commodities, and stock market indices.

v Economic Exposure – The major macro trends impacting the markets with a mid- to long-term view. Economic Exposure complements the main MarketPulse news section by focusing on a longer time horizon.
v Central Bank Watch – Policymakers around the world have increasingly intervened in financial markets. In order to understand their decisions, and how far reaching monetary policy can be, this section covers all items related to the world’s major central banks’ statements, rumors, forecasts, and important policy decisions.
v Technical Analysis — The study of past pricing information to build models, tools, and techniques using applied statistics. It is the most popular form of analysis used in forex and an integral part of other asset classes.
v Forex – The largest market by volume with more than US$5 trillion traded daily. MarketPulse issues daily technical reports on major currency pairs such as EUR/USD, AUD/USD, USD/JPY, GBP/USD, USD/CAD and most of the top 10 traded pairs.
v Commodities – MarketPulse issues technical reports on major commoditie including gold, silver, oil (Brent and WTI), copper, wheat, and sugar.
v Indices – MarketPulse issues technical reports on major indices including the Nikkei, DAX, Nasdaq, FTSE, and NYSE.
v Forex News — The MarketPulse team actively monitors the markets and the coverage provided by other leading financial websites and news media. When we find information that is worth sharing, we post it on MarketPulse with a direct link to the original source to help keep our readers apprised of all major eventeds.

v Economic Calendar — Scheduled economic and news events drive financial markets. Our calendar detailing upcoming central bank statements, labor reports, and inflation measures can be easily configured by country. Knowledge is power: be aware in advance of future events that may impact your investment portfolio.,,,,


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Friday, May 27, 2016

FOREX BONUSES $$$$$

Find out More About IG FOREX REVIEW:
We know that most of you usually ask which the best Forex broker is, but have you ever wondered which are the oldest ones? And don’t you think that rich experience can sometime be quite more important than great bonuses or super modern platforms? Speaking of these, have decided to present you once of the oldest financial services providers on the market – IG. This broker has not just an amazing experience in the field, but also a great potential to remain in the chart for the best Forex platform, too. So see our IG review and find out more about this fantastic trading environment!

Preliminary IG Information – History and Regulation
Let`s begin with some basic information about IG. Since the broker is so old and experienced we cannot pass this part of our IG review. The company that owns the broker – IG Group – has been on the market for 40 years. During this time it has been providing different trading options and services like binary options, CFDs, Spreads, and, of course, Forex trading instruments. Today, IG broker operates among the entire global market by covering not only traditional territories – Europe and USA (yes, USA-customers are accepted and welcomed on the website) – but also Asia and Africa. Regulated by FSA – a very popular regulation body with a strong reputation, when it comes to financial transactions and personal data security – IG has proved to its audience that the environment for trading it offers is one of the best and preferable. Last, but not least, currently, IG headquarters are situated in London, UK, but the broker has offices among the entire world.
IG Provides a Big Abundance of Platforms For Any Customer and Any Taste
The rich experience of the company in the field made it understand that the platform is the key element to the successe forex  broker. For this purpose, currently, IG provides not one single, but several software types. Moreover – the options you have, when it comes to platform selection, are divided into several categories depending on the client`s choice for a device, method of application and etc:
v  Mobile apps for mobile traders that like to trade from any place and any time viatablet or a smartphone.
v  The most popular trading platforms for the audience, which searches for the classical trading methods – MetaTrader 4.
v  Contemporary and specially tailored software types that are entirely oriented to a particular trading field – L2 Dealer Platform, ProReal Time Charts and Direct Market Access Platform (DMA).
IG Feature and Account Type too Consider
The account types at IG Forex websites are two a standard account with minimum deposit of $10 only – superb chance for beginners to start their trading activity without risking too much, as well as a premium account for advanced traders and with a great pack of additional privileges and bonus types.. IG shows perfect level of transparency, as well as high leverage: 700:1 The broker provides more than 70 FX pairs from 0.8 pips and 99.01% of trades are executed in 0.1 seconds. The subscription is 100 free and there are no hidden fees or extra charging – including for the education centre and the pack of learning tips and tricks. Besides with the common foreign currency pairs, you can trade with commodities, indices and stocks at IG broker, too.
IG – the Broker With Great Customer Support Services for Any CaseRead a reviewRead as review
Whether it is a need of some additional information, or a special inquiry, you can always turn to the polite and kind customer support representatives at IG Forex platform. The customer support services are available 24/7,so no matter what time zone you are in, you will be responded in case of a requirement or a contact message for other issue. The communication methods are phone calls, live integrated chat in the website, as well as emails and Twitter posts. The customer support services at IG are available at multiple languages – including English, German, French, Italian, Japanese and etc.
What Are The Currently Available Bonus Types at IG Forex Platform
A good & experienced Forex broker is impossible to remain among the best platforms for trading without an attractive bonus system. IG does not make an exception with this rule and currently it offers you a variety of interesting promotions and special offers. See the bonus types at IG platform now:-
v Refer a friend
The popular program refer a friend is still available at IG trading website. It works stimulatingly for the current traders, who can get some additional reward in case they refer a new customer on IG Forex broker. The best thing is that both the referred and the referral are awarded by the brokerage.
v Demo account
As a bonus, this account allows you to trade without risking your money, but with the possibility to try and test the system. Thus, you can figure it out for your own good whether it is a good platform.
v Loyal customer program
Once you become a regular customer on this broker, you can always apply for its special loyal program and bonuses, too.
Why Choosing IG Broker?
There are many reasons why you should give it a try, but these are the top pros behind IG broker:
ü Rich experiences
ü Winner of best trading platform for several time
ü Reliable and reputable


Tuesday, May 17, 2016

the currency market............. EDGE

The Currency Market Information Edge By Investopedia Staff

The global foreign exchange (forex) market is the largest financial market in the world, and its size and liquidity ensure that new information or news is disseminated within minutes. The forex market has some unique characteristics, however, that distinguish it from other markets. These unique features may give some participants an "information edge" in some situations, resulting in new information being absorbed over a longer period of time.

New Characteristic of the Forex Marketing
Unlike stocks, which trade on a centralized exchange such as the New York Stock Exchange, currency trades are generally settled over the counter (OTC). The OTC nature of the global foreign exchange market means that, rather than a single, centralized exchange (as is the case for stocks and commodities), currencies trade in a number of different geographical locations, most of which are linked to each other by state-of-the-art communications technology. OTC trading also means that at any point in time, there are likely to be a number of marginally different price quotations for a particular currency; a stock, on the other hand, only has one price quoted on an exchange at a particular instant.

The global forex market is also the only financial market to be open virtually around the clock, except for weekends. Another key distinguishing feature of the currency markets is the differing levels of price access enjoyed by market participants. This is unlike the stock and commodity markets, where all participants have access to a uniform price.

Market Participants
Currency markets have numerous participants in multiple time zones, ranging from very large banks and financial institutions on one end of the spectrum, to small retail brokers and individuals on the other. Central banks are among the largest and most influential participants in the forex market. On a daily basis, however, large commercial banks are the dominant players in the forex market, on account of their corporate customers and currency trading desks. Large corporations also account for a significant proportion of foreign exchange volume, especially companies that have substantial trade or capital flows. Investment managers and hedge funds are also major participants.

Differing Prices
Banks' currency trading desks trade in the interbank market, which is characterized by large deal size, huge volumes and tight bid/ask spreads. These currency trading desks take foreign exchange positions either to cover commercial demand (for example, if a large customer needs a currency such as the euro to pay for a sizable import), or for speculative purposes. Large commercial customers get prices, with a markup embedded in them. from these banks, the markup or margin depends on the size of the customer and the size of the forex transaction. Retail customers who need foreign currency have to contend with bid/ask spreads that are much wider than those in the interbank market.

Speculative Positions Vs. Commercial Transaction
In the global foreign exchange market, speculative positions outnumber commercial foreign exchange transactions, which arise due to trade or capital flows, by a huge margin, although the exact extent is difficult to quantify. This makes the forex market very sensitive to new information, since an unexpected development will cause speculators to reassess their original trades and adjust these trades to reflect the new information. For example, if a company has to remit a payment to a foreign supplier, it has a finite window in which to do so. The company may try to time the purchase of the currency so as to obtain a favorable rate, or it may use a hedging strategy to cover its exchange risk; however, the transaction has to occur by a definite date, regardless of conditions in the foreign exchange market.

On the other hand, a trader with a speculative currency position seeks to maximize his or her trading profit or minimize loss at all times; as such, the trader can choose to retain the position or close it at any point. In the event of new information, the adjustment process for such speculative positions is likely to be almost instantaneous. The proliferation of instant communications technology has caused reaction times to shorten dramatically in all financial markets, not just in the forex market. This knee jerk reaction, however, is generally followed by a more gradual adjustment process, as market participants digest the new information and analyze it in greater depth.

Information Edge
While there are numerous factors that affect exchange rates, from economic and political variables to supply/demand fundamentals and capital market conditions, the hierarchical structure of the forex market gives the biggest players a slight information edge over the smallest ones. In some situations, therefore, exchange rates take a little longer to adjust to new information.

As well as, consider a case where the central bank of a major nation with a widely-traded currency decides to support it in the foreign exchange markets, a process known as "intervention." If this intervention is unexpected and covert, the major banks from which the central bank buy the currency have a information edge over other participants, because they know the identity and the intention of the buyer. Other participants, especially those with short positions in the currency, may be surprised to see the currency suddenly strengthen.While ,they may or may not cover their short positions right away, the fact that the central bank is now intervening to support the currency may cause these participants to reassess the viability and implications of their short strategy.


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Friday, May 13, 2016

lovely forex history

Forex History
Development of the international currency market:

The evolution of the foreign exchange market in the recent decades goes through many stages in order to become the main engine of the contemporary global economy.

Every day currencies are traded in billions of dollars’ worth on the world financial markets, thus enabling global trade and investment. This material is intended to provide the background to current developments in the international currency markets, with particular emphasis on international agreements and the impact of technology on the business, which takes place 24 hours a day.

Between the First and Second World War currencies were subject to the system of fixed exchange rates based on gold and silver standards. This period is known as the era of convertibility. Governments backed currency issued by them with a specific amount of gold or silver. The dominant world currency at the time was sterling and the dollar took on the role of the next most important currency. The end of convertibility came around 1929, at the beginning of the Great Depression. During World War II the foreign exchange 

market virtually ceased to exist.



The Bretton Woods Agreement of 1944:
– Introduced the nominal system based on the exchange standard of gold.
– Established the International Monetary Fund (IMF) and International Bank for Reconstruction and Development (World Bank).
– USD replaced the British pound as the dominant currency on the market.

Clearing arrangements;
– Multilateral agreement on compensation in 1947
– European Payments Union (EPU) 1950-1958
– European Monetary Agreement (EMA) 1958-1973

The Abandonment of t a Bretton Woods Agreement leads:
– Formation of the Gold Pool in 1961 (to 1968)
– Introduction of Special Drawing Rights (SDR) in 1969
– Strong currencies float more freely.

(The Smithsonian Agreement of 1971)

The Agreement includes a 10 percent devaluation of the dollar and a further increase of the other currencies, through an increase in the official price of gold to $28 an ounce.

Greater flexibility was possible after expanding by 2.25% in the permitted fluctuation margins of the new central rates of the currencies against the dollar.

Due to Germany's skepticism regarding the Smithsonian Agreement, European currencies change in a narrow range against each other and have a floating exchange rate against the dollar, thus creating mini system.
The UK decision to join the Snake in May 1972 encouraged other countries to free-float their currencies against the dollar, rather than adhere to certain tolerance limits imposed by the Smithsonian Agreement.

Thus the Snake successfully replaces the Smithsonian Agreement. In fact England was forced to withdraw from the Snake after only seven weeks as a result of a speculative attack against the British pound.

In response to the high inflation caused by the oil crisis, countries begin to set targets related to the increase in the money supply, resulting in increased interest rates. These changes in interest rates lead to greater movement of short-term capital between countries in search of higher interest rates and thus reinforcing a floating rate.

Goals of the European Monetary System of 1979:

– To contribute to better economic integration and stability among member states of the EU.
– To introduce a system of managed exchange rate with intervention of + / - 2.25% from central rates for most currencies, i.e. Mechanism to control exchange rates.
– To establish the ECU as the main currency in the EU.
– Parity network is the cornerstone of the control mechanism of exchange rates. Bilateral central rates for each currency are at the core of the network.

European Economic and Monetary Union (EMU) 1990-2002:
The creation of the European Economic and Monetary Union (EMU) is a process involving three stages from 1990 to 2002. It was created to introduce:

– Circulation of a single currency among member states of the European Union.
– Creating a single European Central Bank (ECB).
– Common monetary policy between EU member states.
– Exchange rates between EU member states are fixed on 1 January 1999 and in January 2002 euro was put into circulation.

The Goals of the European Economic and Monetary Union are:

– More efficient single market.
– More stable economic environment.
– Increased international monetary stability.
– Further political integration within the EU.

Technological revolution:

Greater speed and efficiency of communication is a result of the technological revolution. Dealers are able to expand their operations, thanks to computerized cash payments and information systems. Technological advances led to more speculation and volatility.

OTHER INNOVATIONS INCLUDE:

v  Authorities of the countries in the G7 try to maintain exchange rates within certain limits or reference ranges.
v  The Plaza Accord (1985) - In September 1985, the finance ministers and central bank governors of the member countries of the G5 (U.S., UK, Germany, France and Japan) held a meeting in New York, at the Hotel Plaza, on which they agreed to cooperate to encourage systematic improvement the major currencies against the U.S. dollar.
v  The Louvre Agreement (1987) - In February 1987 the member states of the G6 (G5 with Italy) agreed to maintain their currencies at appropriate levels and promised to cooperate to foster stability of exchange rates around current levels. There is an unofficial exchange rate going to be maintained within 5%.
v  The international payments system is based on the exchange standard - International payment system is actually based on the dollar standard that actually exists, but is not officially recognized. Foreign central authorities hold reserves primarily in the form of dollars and use them to settle international debts. However, the dollar was no longer convertible into gold or something else. Thus, the purchasing value of the global dollar reserves depends on the state of the U.S. economy. It seems that this situation will continue until they are widely accepted alternative reserve assets.

Note:I know forex but I don’t thinking  old genaretion forex so Iam so happy with forex.

forex history data based of quastions

Forex Historical Data of mater Trader
We offer reliable full forex history intraday data for the most traded currencies (see the full list below).
The data are in ASCII format, ready for import to MetaTrader 4.
Our data start in November 1999 and end in June 2015, we offer full intraday data for timeframes from 1 minute, including: 1, 5, 15, 30, 60 min, 1 hour, 4 hours and daily for all currencies.
Data are composed of Open, High, Low and Close and Volume, they are cross compared and cross validated for maximum reliability.


·      Why should you purchase quality historical data?

MetaTrader history data (downloaded using Metatrader) are known to be unreliable. They contain errorneous candles and gaps (missing data) of several minutes, days or even months (yes, that's correct) that result in incorrect computation of indicators. You shouldn't rely on the free data when testing your EA robot or manual trading strategy.
We provide high quality history data that are cross validated for maximum reliability. Our data are specially targetted to be used for backtesting EA robots with maximum reliability.
We offer full 14+ years history of intraday data. Unlike many other services we provide true intraday data for timeframes from 1 minute up.
Lifetime future updates - we update the data on a quarterly basis, adding the recent months. You will be able to download the most current data with your username/password anytime in the future.
Bonus guides (see below) - we provide also bonus guides that will help you get most of your EAs.

No more unreliable backtesting

The accuracy of historical data is one of the most important factors that can predetermine your success as a trader. Whenever you are developing or evaluating new trading strategy (mechanical or with EA) or making a backtest, you need reliable history data that will help you with the decision process.



This sample report shows that the tester found more than four hundred thousand errors in the chart data. This is very common if you rely on the data downloaded only from History Center.
v Would you trust the results of such test? Of course not.

We provide reliable real history data with no gaps and no chart errors. The data can be used for reliable backtests of EAs or manual trading systems more than 14 years into the past.

ü  What you'll get

Historical Data For Chosen Currency Pairs
Historical data for every currency pair in ASCII format, ready for import into MetaTrader. Every pair contains data file for all the timeframes. Our data has Open, High, Low and Close prices and Volume. Time of data is in GMT+2, data for every pair cover period of more than 14 years..

 So the forex history  data base are interested.

Monday, May 9, 2016

forex information essay

Foreign exchange means claims on another country held in the form of the currency or interest bearing bonds of that country i.e. converting one national currency into another country's national currency. As per Foreign Exchange Regulation Act, 1973, foreign exchange means foreign currency and includes:
¢ All deposits, credits and balances payable in any foreign currency, and drafts, traveler's cheque, letters of credit and bills of exchange, expressed or drawn in Indian currency but payable in any currency.
¢ Any instrument payable, at the option of the drawee or any other party thereto, either in Indian currency or in foreign currency or partly in one and partly in other.
Foreign exchange market means a market in which transactions are conducted to effect the transfer of the currency of one country into that of another. The bulk of the foreign exchange (forex) market is "over the counter  (OTC), as there is no physical place where the participants meet to execute the deals. It is more an informal arrangement among the participants for purchasing or selling currencies, connected to each other by telecommunications like telex, telephone and a satellite communication network. In India banks are also connected to the SWIFT (Society for Worldwide Interbank Financial Telecommunication) network.
The largest forex market of the world is London, followed by New York, Tokyo, Zurich and Frankfurt. (India's position search). In most markets US dollar is the vehicle currency i.e. the currency used to denominate international transactions. This is despite the fact that with currencies like EURO, Yen and Deutsche Mark gaining larger share, the share of US dollar in the total turnover is shrinking.

Thursday, May 5, 2016

LEGAL INFORMATION OF FOREX

OWNERSHIP OF SITE
The Company owns and maintains this site. No act of downloading or otherwise copying from this site will transfer title to any software or material at this site to you. Anything that you transmit to this site becomes the property of the Company, may be used by the Company for any lawful purpose, and is further subject to disclosure as deemed appropriate by the Company, including to any legal or regulatory authority to which the Company is subject. The Company reserves all rights with respect to copyright and trademark ownership of all material at this site, and will enforce such rights to the full extent of the law.
ACCESS
This site and the information, tools and material contained in it are not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject the Company or its affiliates to any registration or licensing requirement within such jurisdiction.
DISCLAIMER OF WARRANTY AND LIMITATION OF LIABILITY
The information on this site is provided "As it is". The Company does not warrant the accuracy of the materials provided herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or fitness for a particular purpose. The Company will not be responsible for any loss or damage that could result from interception by third parties of any information made available to you via this site. Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, the Company cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Neither the Company, nor any of its affiliates, directors, officers or employees, nor any third party vendor will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this site, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of the Company or of any vendor providing software or services support.

Under no circumstances will the Company be liable for any consequential, incidental, special, punitive or exemplary damages arising out of any use of or inability to use this site or any portion thereof, regardless of whether the Company has been apprised of the likelihood of such damages occurring and regardless of the form of action, whether in Contract, Tort (including negligence), Strict Liability, or otherwise.

The information contained in this site is intended for information purposes only. Therefore it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular investment. You are strongly advised to obtain independent investment, financial, legal and tax advice before proceeding with any investment. Nothing in this site should be read or construed as constituting investment advice on the part of the Company, or any of its affiliates, directors, officers or employees.

The nature of investment in Forex Paradise Limited is such that not all investment methods are suitable for everyone unless they:
are knowledgeable in investment matters,
are able to bear the economic risk of the investment,
understand the risk involved,
believe that the investment is suitable for their particular investment objective and financial needs and
have no need for liquidity of investment


Should any non-professional investor invests in Forex Paradise Limited, it is advisable that only a part of the sums that the investor intents to invest for long-term should be so invested. It is also advisable that all investors should seek advice from a professional investment advisor before making any investment in Forex Paradise Limited.
LINKED SITES
The site also contains links to Web sites controlled or offered by third parties. The Company has not reviewed, and hereby disclaims responsibility for, any information or materials posted at any of the sites linked to this site. By creating a link to a third party Web site, the Company does not endorse or recommend any products or services offered on that Web site.
SECURITY
If you communicate with the Company by e-mail, you should note that the security of Internet e-mail is uncertain. By sending sensitive or confidential e-mail messages which are not encrypted you accept the risks of such uncertainty and possible lack of confidentiality over the Internet. The Internet is not 100% safe and someone may be able to intercept and read your details.
PRIVACY
Under no circumstances, Forex Paradise will disclose personal information of its users or send it to some third parties.

Also we do not send information regarding your profits to local fiscal authorities of your country even having official request from them (we can do it only if you wish). The only information that is displayed publicly is current deposit statistics, which includes deposit's date and time, amount, payment method and username of the investor.

Investor's real name is never shown publicly and is never displayed. Investor is allowed to pick any username except for forbidden ones. If you want to get an ultimate level of confidentiality, we recommend you using cryptocurrencies as main payment method.
APPLICABLE LAW AND JURISDICTION
For clients of Forex Paradise Limited, by accessing this site, you agree that the laws of Hong Kong, without regard to Conflict of Laws principles thereof, will apply to all matters relating to the use of this site. In case of a dispute, you agree to the exclusive jurisdiction of Hong Kong. In the event any of the Terms and Conditions shall be held to be unenforceable, the remaining Terms and Conditions shall be unimpaired and the unenforceable Term or Condition shall be replaced by such enforceable Term or Condition as comes closest to the intention underlying the unenforceable Term or Condition. This Agreement does not replace or in any way amend any other agreement you have entered into with the Company.

Monday, April 25, 2016

Why eToro is NOT a Forex Trading Company

Why eToro is NOT a Forex Trading Company

The online Foreign Exchange trading industry has grown to massive proportions over the last decade, and has made it hard to distinguish one Forex exchange company from another. Sure, online FX trading platforms often have different features, different interfaces and different strengths and weaknesses, but at the end of the day they all provide the same service: facilitating the connection between the trader and the foreign exchange market.

This is why eToro is much more than an online FX company

While it’s certainly true that eToro gives users access to the FX market, as well as the commodity and indices markets, this is not the primary purpose of our company. eToro’s main goal is to connect online Forex traders into an investment network, which then enables them to trade as a community while harnessing  their collective potential.
Our flagship social trading application, the eToro OpenBook makes it easy for members of our investment network to share information, and to apply that information directly to their Forex trading accounts. Any trading action made by any trader in the investment network in immediately recorded in live streaming feeds, visible to all other network members. The eToro OpenBook then provides traders with tools to utilize this information.
While the information in the feeds is valuable in itself, since it can teach you new forex trading techniques or alert you to new opportunities in the foreign exchange market, the main advantage of the eToro OpenBook are its copy functions. At the most basic level, if you see an FX trade you like in any live feed, you can very easily copy this very trade by clicking on the “Copy” button and setting your own parameters.
However, if you like a specific Forex trader, and not just an individual trade, it makes no sense to monitor his/her activity and copy each trade individually. This is where the CopyTrader comes in. The CopyTrader makes it possible for you to trade like the best traders in the investment network. Simply use the search box to locate the best traders suited to your trading style and then click on CopyTrader in their profile to start copying trades automatically.
As you can see, all of these groundbreaking social trading features make eToro very different from just your standard online Forex trading platform.
eToro is first and foremost the largest investment network in the world, connecting over 1.75 million traders together and enabling them to take on the foreign exchange market together.

Saturday, April 23, 2016

US doller forex history

Currency Name : US Dollar
Currency Symbol : $
Web Site : US Central Bank
Denominations : Coins :
Penny - $.01 or 1/100 of a dollar
Nickel - $.05 or 5/100 of a dollar
Dime - $.10 or 1/10 of a dollar
Quarter - $.25 or � of a dollar

Banknotes / Bills :
$1, $5, $10, $20, $50, $100
The history of the US Dollar
The currency of the United States can be traced back to 1690 before the birth of the country when the region was still a patchwork of colonies. The Massachusetts Bay Colony used paper notes to finance military expeditions. After the introduction of paper currency in Massachusetts, the other colonies quickly followed.

Various British imposed restrictions on the colonial paper currencies were in place until being outlawed. In 1775, when the colonists were preparing to go to war with the British, the Continental Congress introduced the Continental currency. However, the currency did not last long as there was insufficient financial backing and the notes were easily counterfeited.

Congress then chartered the first national bank in Philadelphia - the Bank of North America - to help with the government's finances. The dollar was chosen to become the monetary unit for the USA in 1785. The Coinage Act of 1792 helped put together an organised monetary system that introduced coinage in gold, silver, and copper. Paper notes or greenbacks were introduced into the system in 1861 to help finance the Civil War. The paper notes used several different techniques including a Treasury seal and engraved signatures to help diminish counterfeiting. In 1863, Congress put together the national banking system that granted the US Treasury permission to oversee the issuance of National Bank notes. This gave national banks the power to distribute money and to purchase US bonds more easily whilst still being regulated.

The Federal Reserve Act of 1913 created one central bank and organised a national banking system that could keep up with the changing financial needs of the country. The Federal Reserve Board created a new currency called the Federal Reserve Note. The first federal note was issued in the form of a ten dollar bill in 1914. Finally, a decision by the Federal Reserve board was made to lower the manufacturing costs of the currency by reducing the actual size of the notes by 30%. The same designs were also printed on all dominations instead of individual designs.

The designs of the notes would not be changed again until 1996 when a series of improvements were carried out over a ten-year period to prevent counterfeiting.

Participating Members
The United States Dollar has been adopted, and in some cases used as the official currency, in many different territories and countries. This process of incorporating the currency of one country into a different economic market is called 'dollarization'. Dollarization of the US Dollar has occurred in the British Virgin Islands, East Timor, Ecuador, El Salvador, Marshall Islands, Federated States of Micronesia, Palau, Panama, Pitcairn Islands, and Turks and Caicos Islands.

Tuesday, April 12, 2016

Forex Market History



This article is an overview into the historical forex market evolution. It follows the forex market history and roots of the international currency trading from the days of the gold exchange, through the Bretton Woods Agreement, to its current setting.

The Gold exchange period and the Bretton Woods Agreement.

The Bretton Woods Agreement, established in 1944, fixed national currencies against the dollar, and set the dollar at a rate of 35USD per ounce of gold. In 1967, a Chicago bank refused to make a loan in pound sterling to a college professor by the name of Milton Friedman because he had intended to use the funds to short the British currency. The bank's refusal to grant the loan was due to the Bretton Woods Agreement.
This agreement aimed at establishing international monetary steadiness by preventing money from taking flight across countries, and curbing speculation in the international currencies. Prior to Bretton Woods, the gold exchange standard - dominant between 1876 and World War I - ruled over the international economic system. Under the gold exchange, currencies experienced a new era of stability because they were supported by the price of gold.

However, the gold exchange standard had a weakness of boom-bust patterns. As an economy strengthened, it would import a great deal until it ran down its gold reserves required to support its currency. As a result, the money supply would diminish, interest rates escalate and economic activity slowed to the point of recession. Ultimately, prices of commodities would hit bottom, appearing attractive to other nations, who would sprint into a buying fury that injected the economy with gold until it increased its money supply, driving down interest rates and restoring wealth into the economy. Such boom-bust patterns abounded throughout the gold standard until World War I temporarily discontinued trade flows and the free movement of gold.

The Bretton Woods Agreement was founded after World War II, in order to stabilize and regulate the international Forex market. Participating countries agreed to try to maintain the value of their currency within a narrow margin against the dollar and an equivalent rate of gold as needed. The dollar gained a premium position as a reference currency, reflecting the shift in global economic dominance from Europe to the USA. Countries were prohibited from devaluing their currencies to benefit their foreign trade and were only allowed to devalue their currencies by less than 10%. The great volume of international Forex trade led to massive movements of capital, which were generated by post-war construction during the 1950s, and this movement destabilized the foreign exchange rates established in the Bretton Woods Agreement.

1971 heralded the abandonment of the Bretton Woods in that the US dollar would no longer be exchangeable into gold. By 1973, the forces of supply and demand controlled major industrialized nations' currencies, which now floated more freely across nations. Prices were floated daily, with volumes, speed and price volatility all increasing throughout the 1970s, and new financial instruments, market deregulation and trade liberalization emerged.

The onset of computers and technology in the 1980s accelerated the pace of extending the market continuum for cross-border capital movements through Asian, European and American time zones. Transactions in foreign exchange increased intensively from nearly $70 billion a day in the 1980s, to more than $1.5 trillion a day two decades later.

Read more about the history of gold trading.

The explosion of the Euro market

The rapid development of the Eurodollar market, where US dollars are deposited in banks outside the US, was a major mechanism for speeding up Forex trading. Likewise, Euro markets are those where assets are deposited outside the currency of origin. The Eurodollar market first came into being in the 1950s when the Soviet Union's oil revenue - all in US dollars - was being deposited outside the US in fear of being frozen by US regulators. That gave rise to a vast offshore pool of dollars outside the control of US authorities. The US government imposed laws to restrict dollar lending to foreigners. Euro markets were particularly attractive because they had far fewer regulations and offered higher yields. From the late 1980s onwards, US companies began to borrow offshore, finding Euro markets an advantageous place for holding excess liquidity, providing short-term loans and financing imports and exports.

London was and remains the principal offshore market. In the 1980s, it became the key center in the Eurodollar market when British banks began lending dollars as an alternative to pounds in order to maintain their leading position in global finance. London's convenient geographical location (operating during Asian and American markets) is also instrumental in preserving its dominance in the Euro market.

forex history

The history of the Forex market began during the middle ages where currency was traded through the international banks. This helped the Europeans spread currency trading throughout Europe and the Middle East.

1875 marks the most essential event in the history of currency trading, when the Gold Standard Monetary System was created. Before that, countries commonly used gold and silver as means of international payment.

The Bretton Woods Agreement provided changes in exchange rates. In 1947 as the IMF began operating, the U.S. dollar served as the price of gold, fixed at $35 per ounce.

The U.S agreed to maintain that price for buying and selling gold. Eventually, the market  economies of the world was set on dollar standard, The U.S dollar served as the world’s principal currency.

However, the gold standard monetary system eventually broke down, during World War I.

The Bretton Woods Agreement has a great part in the history of currency trading. Signed in 1944, the agreement replaced gold as the main standard of convertibility with U.S. dollar. Furthermore, the U.S. dollar became the new standard of the financial market.

This is how the dollar became the new global reserve currency.
Bretton Woods Agreement set the creation of International Monetary Fund and the World Bank. The agreement aimed at setting up international monetary stability by preventing free exchange of money across nations.

In 1971 the Bretton Woods Agreement broke down and the modern foreign currency exchange was born.

From there began the history of Forex market, as we know it today. Currency trading rose from $70 billion a day in the 1980s to $1.5 trillion daily only 20 years later.

Thursday, April 7, 2016

History of the Forex Market

History of the Forex Market
Overview
Until the 1970s or so, currency trading was limited mostly to the needs of large companies conducting business in multiple countries.
Trading for investment and speculative purposes was not widely practised at this time, and most trading was centered on commodities and individual stocks.


Speculation – An attempt to profit on the fluctuation in prices for currencies and other investment securities.

The Bretton Woods Accord – Courting Controversy
After World War II, economies in Europe were left in tatters.
To help these economies recover – and to avoid mistakes made in the wake of the First World War – the Bretton Woods Accord was convened in July 1944.
Several resolutions arose from Bretton Woods, but it was the "pegging" of foreign currencies to the U.S. dollar that arguably had the greatest immediate impact on the global economy.


Gold Standard Currency – A commitment to fix the value of a currency to a specific quantity of gold. Under this system, the holder of the country's currency can convert funds to an equal amount of gold.

Fiat or Floating Currency – Fiat currency is the opposite of a gold standard arrangement. In a fiat currency system, the currency's value rises and falls on the market in response to demand and supply pressures. It is this fluctuation that makes it possible to speculate on future currency values.

Pegging U.S. Currencies to the U.S. Dollar
By pegging (or linking) these currencies directly to the dollar, the value of the pegged currencies remained dependent on the value of the dollar.
At the same time, the value of the dollar was tied to the price of gold which, at the time of the Bretton Woods Accord, was valued at $35 an ounce.
The U.S government was obligated to maintain gold reserves equal to the amount of currency in circulation, making the United States a true gold standard economy.

Forward deals of forex

Forward deals

What are forward deals?

A forward deal is a contract where the buyer and seller agree to buy or sell an asset or currency at a spot rate for a specified date in the future (usually up to 60 days). Forward contracts are conducted as a way to cover (hedge) future movements in exchange rates. Margin spreads are higher than in Day Trading but no renewal fees are charged. Forward deals with easy-forex® are only offered in some world regions.

What is the difference between forwards and futures?

The main difference between forwards and futures is the way they are settled.
Forwards are settled at the close of the deal. Futures are settled at the end of each day. This is called "mark to market". Daily changes are settled each day until the end of the deal. If there has been a move in the market that causes a loss, the trader is asked to deposit to cover the loss.
The terms and conditions of futures have tight controls put on them in the market.

Forward trading with easy-forex®

Forward trading with easy-forex® is easy. Here are the steps you take:
  1. Choose the buy currency and the sell currency – the exchange rate appears automatically called the Spot Rate
  2. Choose the forward date. The Forward Points and the Forward Rate appears automatically.
  3. Choose the amount of the deal and the amount you want to risk. The Stop-Loss rate appears.
  4. Read the "Response Message" – this tells you if you have enough in your account to make the deal
  5. You can freeze the rate for a few seconds to give you some time to decide if you want to accept.
  6. Press the "Accept" button – your deal is open and running.
You have made sure of the exchange rate for the date you choose. Nothing can change that.

What happens next?

What happens next depends on the deal you made. Here is an example of a possible deal:
You purchase a forward deal, buying USD 10,000 and selling euros, dated 60 days from today at USD 1.0700 per euro. You risk EUR 200. The Stop-Loss rate is 1.0900.
Let's see what happens when the deal ends, using different exchange rates:
  • The EUR/USD exchange rate reaches 1.1000 sometime before the settlement date. In this case, the deal has already closed at your Stop-Loss rate of 1.0900. You have lost 200 euro, the amount you risked.
  • The EUR/USD exchange rate at the settlement date is 1.0800. In this case you lose just EUR 100.
  • The EUR/USD exchange rate at the settlement date is 1.0200. You have made a profit of EUR 500!
Note: Forward trading with easy-forex® is not available in all regions.

Thursday, March 31, 2016

Forex Trading Accounts

Forex Trading Accounts


FXOpen is one of the world's leading and fastest growing Forex brokers. We offer our customers attractive trading conditions, fast and error-free order execution and the industry's most advanced and innovative technological solutions.


FXOpen's Forex trading accounts are designed for traders with different level of experience and skills – from novice traders to savvy professionals. You can choose the type of account that best suits your style of trading, capital and risk tolerance.

Wednesday, March 23, 2016

What is CNH

What is CNH?
 
China is the world’s largest exporter and remains the second-largest economy, behind the United States.

China Flag
As part of the free trade of yuan in the global forex market, the Hong Kong Monetary Authority and People’s Bank of China created CNH as an offshore version of yuan, also known as renminbi (RMB).

Now that Beijing allows the yuan to trade more freely and the exchange rate to fluctuate at increasing intervals, traders the world over are flocking to CNH.

On any FXCM trading platform, you can buy or sell CNH, taking advantage of movements of the Chinese currency against the US dollar.