FOREX
Forex blog posts about Forex broker

Forex blog posts about Forex broker are presented here. You can click the selected excerpt’s title to continue reading on ‘Forex broker’.

New Brokers and Updates

April 29th, 2012

Three new Forex companies became listed on EarnForex.com during last two weeks. Additionally, there were some updates to the existing brokers. But first, let me introduce the new ones:

1. ICM Capital

2. FXSystems.com

3. Nefteprombank

ICM Capital is UK-based regulated company offering trading …

Another Bunch of Fresh Forex Companies

April 18th, 2012

Following the last update consisting of five new brokers, today I present four new Forex companies for your consideration, ratings and reviews:

  1. OctaFX
  2. Larson & Holz IT
  3. GKFX
  4. 3TG FX

OctaFX is an offshore MetaTrader 4 Forex company with both mini and ECN accounts and with …

5 New Forex Brokers

April 15th, 2012

It’s been a few month since I’ve last added new brokers to EarnForex.com. Been busy implementing the new Forex broker listing system. Today, 5 new companies were listed on the website:

  • 1LotSTP.com
  • Abshire-Smith
  • Bestec NFX
  • uTrader
  • TradeNovaFX

1LotSTP.com comes from the same guys as 1pipfix, …

Major Forex Broker Lists Update

April 7th, 2012

Today I’ve upgraded the broker listing system to a new version. It now features more information for each broker and offers more informative lists. Additionally, new categories have been added:

    • MT5 Forex brokers — brokers that support MetaTrader 5 trading platform.
    • Brokers for US traders

Interview with Trading Point — CySEC, Regulation and Forex

December 6th, 2011

More than a year has passed since my last interview with a Forex broker representative. Today, your attention is distracted by the interview with a Cypriot Forex broker, Trading Point. Costantinos Cleanthous, Chief Executive Officer, has answered some questions concerning the company, the regulatory environment created by …

Cypriot Broker with Arabian Awards — AFB FX

November 25th, 2011

After a rather a long break, a new broker was listed on EarnForex.com today — AFB FX. It’s a rather new brokerage company that was founded in 2010 and went online with its services in 2011. It’s based in Cyprus and is regulated by CySEC, British FSA and Spanish CNMV…

STP, NDD, ECN — WTF?!

November 15th, 2011

Even experienced traders often get confused with various Forex terms. STP, NDD and ECN are very important acronyms and are popular in brokers’ lexicon. The term “market maker”, in spite of not being an acronym, is closely related to those three and is used to describe Forex brokers. Unfortunately, the definitions …

How Many Forex Brokers Did You Trade with?

November 7th, 2011

I have no problem believing that some Forex traders are lucky enough to find the perfect broker the first time they open a live trading account. In this case their search for good execution, honest quotes and responsive support ends there. But for the rest of the traders, the search for a good broker lasts …

Forex Broker with CFD Specialization — ProCFD

October 26th, 2011

A new Forex broker with an extensive choice of CFD contracts was added to EarnForex.com today, this time from Belize. It’s ProCFD — a new retail trading company that offers trading via Visual Chart 5 trading platform and its Java edition. It’s an advanced trading platform, which, …

Forex Broker from Seychelles — Axiory

September 23rd, 2011

Another Forex broker based in Seychelles was added to EarnForex list of brokers today. It’s Axiory — a rather new trading company with some interesting features. With Axiory, it’s possible to open an account with $500 and trade with 1:300 leverage. Micro-lots are allowed and the average spread on EUR/USD …

Best Weekday To Trade Forex

Best Weekday To Trade Forex

Forex is known as a 24/5 market — the trading is performed during the whole day, five days a week. For those of us who live in the time zones that are close to GMT (UTC), these five days are the traditional workdays — from Monday through Friday. For those who live far to the west of GMT with their timezone shifted negatively relatively it, e.g. EST (GMT-5), Forex trading week starts on late Sunday. For those who live in a timezone far to the east of GMT, e.g. CST (GMT+8), the trading session ends on early Saturday.

Some traders pay a lot of attention to the weekdays they trade, others don’t mind trading on any of the available days. Many strategies and expert advisors are said to be profitable only during certain days. Common sense tells me that the market conditions can’t be very good during early Monday (or late Sunday) and late Friday (early Saturday) — the liquidity is very low and the currency rates can be manipulated by the big players. On the other hand, Tuesdays, Wednesdays and Thursdays should provide a lot of liquidity and the FX market should be very “technical” during these days. Wednesdays are influenced by the triple overnight interest rate (rollover or swap) that is applied on them. Fridays can be extremely volatile due to the profit-takingbefore the weekend and some of the most important fundamental releases (e.g. nonfarm payrolls) often fall on Friday.

Personally for me, as a long-termtrader, there’s no big difference in weekdays, but for some of my expert advisors, which I test on demo, there’s a big difference observed across the weekdays. Thursdays and Wednesdays are notably more profitable than others, while Tuesday is the worst weekday. Still, it largely depends on the particular currency pair. GBP/CHF performs better on Thursdays, while EUR/USD is best on Tuesdays, whereas USD/JPY and EUR/GBP are good on Wednesdays. And how about you?

What is the best weekday to trade Forex?

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Full Forex account

Forex account type No.3: Full Forex account

Finally, if you are an experienced Forex trader with years of practices and financial resources, then full Forex account can be your choice, since they are confident to develop their own trading system and Forex trading strategies. The full Forex account comes with 100,000 currency units and is considered a comparatively risky account. Even the minor fluctuations in Forex rate can lead to large amounts of gain or loss from your full Forex account.

As you can see, it takes a long period of time for traders to shift from demo Forex account to a full Forex account. Until now, I guess you already know which Forex account suits you best. Opening a Forex account is easy, if you are a Forex beginner and don’t have a clue about Forex trading, don’t hesitate to open a free demo Forex account and try it out yourself risk free!

Фо́рекс (Forex, иногда FX, от англ. FOReign EXchange —”зарубежный обмен”) — рынок межбанковского обмена валюты по свободным ценам (котировка формируется без ограничений или фиксированных значений). Обычно используется сочетание «рынок Форекс» (англ. Forex market, FX-market). Термин Форекс принято использовать для обозначения взаимного обмена валюты, а не всей совокупности валютных операций.
В англоязычной среде словом Forex обычно называют валютный рынок,[1] а также торговлю валютой (англ. trades currencies)[2]
В русском языке термин Форекс обычно используется в более узком смысле — имеется в виду исключительно спекулятивная торговля валютой через коммерческие банки или дилинговые центры, которая ведётся с использованием кредитного плеча, то есть маржинальная торговля валютой. Более подробно это изложено в разделах «Участники валютного рынка» и «Форекс как средство получения прибыли». При этом термины «международный Форекс» и «международный рынок Форекс» являются некорректными, ввиду того, что «foreign exchange» изначально подразумевает международную торговлю валютой.
Операции на рынке Форекс по целям могут быть торговыми, спекулятивными, хеджирующими, регулирующими (валютные интервенции центробанков).

Фо́рекс (Forex, иногда FX, от англ. FOReign EXchange —”зарубежный обмен”) — рынок межбанковского обмена валюты по свободным ценам (котировка формируется без ограничений или фиксированных значений). Обычно используется сочетание «рынок Форекс» (англ. Forex market, FX-market). Термин Форекс принято использовать для обозначения взаимного обмена валюты, а не всей совокупности валютных операций.

В англоязычной среде словом Forex обычно называют валютный рынок,[1] а также торговлю валютой (англ. trades currencies)[2]

В русском языке термин Форекс обычно используется в более узком смысле — имеется в виду исключительно спекулятивная торговля валютой через коммерческие банки или дилинговые центры, которая ведётся с использованием кредитного плеча, то есть маржинальная торговля валютой. Более подробно это изложено в разделах «Участники валютного рынка» и «Форекс как средство получения прибыли». При этом термины «международный Форекс» и «международный рынок Форекс» являются некорректными, ввиду того, что «foreign exchange» изначально подразумевает международную торговлю валютой.

Операции на рынке Форекс по целям могут быть торговыми, спекулятивными, хеджирующими, регулирующими (валютные интервенции центробанков).

WHAT IS YOUR EARLIEST HUMAN MEMORY?

Human memory is money. money is the Forex