Sunday, January 6, 2008

Forex Trading Signals

GCI offers its clients free Forex trading signals from ForexSignals.net! If you are not yet a GCI client, you can try a free practice account by submitting the form below. The practice account is a no-risk way to test our trading software and online execution. Visit ForexSignals.net for details on their performance and methodology.

  • Live prices in Forex, options, shares, indices, and commodities. Just click on the price to place a trade.

  • Easy-to-understand account statements, free real time Charts and News accessible from both Demo and Live accounts.

  • Instructions and your demo password will be sent to your e-mail address immediately.


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FOREX. AUTOMATIC TRADE SYSTEMS

The main principle of forex is converting one currency into another. Even if you compare it to the turnover of the American equity exchange (300 billion dollars a day) and to the turnover of the stock market (10 billion dollars a day), the volume of currency Forex operates with will seem really huge. As registered by Wall Street Journal, in September, 1992 this amount was about a trillion dollars a day. Nowadays, the turnover of Forex is from 1 to 1,5 trillion dollars a day.

The main thing in the Forex is that dollar competes with four main currencies: British pound sterling, Japanese yen, Swiss franc and Euro. Government and commercial banks, corporations, brokers and other financial organizations are involved into operations on the forex market in the first place. Most active participants are brokers.

Forex is not a usual market. It has no single center. Today, trading on this market is carried out with the help of telephones and computer terminals. So what is the Forex market in comparison with a regular foreign exchange?

It is really important for a potential investor to know the difference between the Forex foreign exchange market and operations at a regular foreign exchange. In case with a foreign exchange, the total sum of each contract is always known in advance. Exchange traders at foreign exchanges use "performance bond" or "margin" to control exchange contracts ("margin" means money deposited by the buyer or the seller while making a contract). However, as to liquidity on such a market, foreign exchanges seems to be rather limited because the information flow stops when the exchange is closed at the end of each day (the same as at a stock exchange), which interrupts the continuity of your evaluations and your staying in touch with the market. This fact makes a lot of traders worry. For example, if important data are coming from England and Japan while the American foreign exchange is already closed, a trader will lack the information necessary to successfully start trading the next day.

Unlike foreign exchanges, trading at the Forex market is held 24 hours a day and never stops. In all time zones in any of the world's major trading centers (London, New York, Tokyo, Hong Kong, Sydney, etc.) there are dealers ready to give you the opportunity to start trading in both directions. It was mentioned above that the turnover of this market is from 1 to 1.5 trillion dollars a day and this fact gives the market virtually unlimited liquidity. Due to its huge daily turnover and permanent purchasing power, the Forex market has no match in the entire world regarding its dynamic and tension.

What makes the market move? Among the main factors influencing currency exchange rates there are balance of mutual payments, economic condition, forecasts based on technical analysis graphs, as well as political and psychological factors.

The movement of capital between countries can be considered as the main factor determining the current state of the market. Besides, such factors as inflation and discount rates can also considerably influence currency exchange rates. At the same time, there is no doubt that another important fact is that there is always a ceratin state behind each currency. There are two ways states can control the market. The first one is just control and the second one is the so-called intervention. Currency control prevents citizens from doing anything that can have a negative influence on the exchange rate (for example, transferring money abroad). In the first place, intervention means changing the discount rate, which makes the currency more or less attractive for foreigners. And second, it means selling or buying the currency in order to increase or reduce its cost on the market.

All the factors mentioned above may cause sudden and often dramatic changes on the market if some unexpected and considerable changes occur in them. This is the main reason accounting for the fact that sometimes the anticipation of some economic changes alone exerts much more influence on the exchange rate than actual events. The activities of large financial funds also influence the market greatly. Though all of them can make moves on their own, they are at least well aware about all the peculiarities in the changes of exchange rates for each main currency. When the graph describing how some exchange rate floats reaches some node point, the market behavior becomes technically predictable and, therefore, managers of major financial funds react in a predictable way, which often means the same or similar way. As a result, there is a sudden and powerful upsurge in prices and large financial volumes get invested into the same positions.


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Forex Software

Thanks to computers and the Internet, the trading world will never be the same. Software that has allowed for online stock market trading is now available in the commodity world and trading with Forex software has become an excellent way to trade futures. This software was designed to meet the user's needs in several key areas. To be truly valuable, the Forex software needs to have:
  • Instant Rate Availability – The Forex software for currency trading must be able to provide instant access to valuable rate information. Due to its high level of volatility, Forex news changes fast. If it takes minutes to get a quote, everything could have already changed by the time it is received. This isn't the case; once this rate information is received, it is possible to trade at that price. Only real-time quotes allow that kind of instantaneous exchange.

  • A High Level of Security – Like any other financial transaction that you perform over the Internet, security of your data is the main concern; this fact can be even more critical with your Forex software since the amount of money involved in your transactions can be very high. Successful Forex traders not only want to implement their trades, but they want to do it with the highest security. The majority of Forex software systems use at least one layer of 64-bit SSL encryption in addition to extensive procedures for data backup and recovery methods.

  • Anytime Access – Commodity trading has become a 24-hour a day, 365 days a year activity. Forex trading software is available around the clock, providing updated quotes and allowing traders to initiate trades at any time during the week.

Forex Software Platforms
This is the classic discussion with any kind of software solution and Forex software isn't any different. Forex currency trading for beginners on this type of software is the same no matter which method is used. The decision to provide service as a client-side, or downloaded, software versus web-based software is individual to each company but each will face the same main points.

  • Client-based Forex – This software solution means that the actual online futures trading software is located on your computer and access to the markets requires only an Internet connection, not an account on the Forex software creator's website. The advantages of this approach are:

    • You have more control over your data. Commodities trading with this method not only places the software on your computer, but all of your records as well. In other words, your history of futures trades will be kept on your computer and not in the manufacturer's database.

    • Access to the markets does not depend on using a portal with the software provider. You can still access the futures markets even if the Forex software manufacturer's website is down.
  • Web-based Forex – This approach means that all of the operations are performed on the creator's website and that website needs to be accessed for all operations. The beginner investing with this system will find advantages such as:

    • Everything you need is located on the servers of the software creator. You don't have to do backups or worry if you downloaded the latest version of the software.

    • If you have access to the Internet you can use the software, no matter where you are. With this software application, you do not have to be at your own computer for trading Forex.

Today's Standard
Most software companies use web-based systems for their Forex software. Freedom to access their account for trading commodities from anywhere in the world, controlled backups of data and transactions, and world-class security for personal information make this the most predominantly used method.

Conclusion
Forex software has opened the markets to everyone. Offering research materials, current news, and secure trading and investing, Forex software is an excellent improvement in currency trading.


Market Direction: When the indexes start producing identifiable patterns, those same patterns will be as effective in individual stocks. One of the strongest patterns is a Jay-hook pattern. It is easily analyzed when utilizing candlestick signals. Price trends usually move with reoccurring characteristics. A Jay-hook pattern is the product of a very strong bullish trend. The significant aspect for identifying the possibility of a Jay-hook pattern is the term "very strong" bullish trend. A moderate trend will usually involve profit-taking along the way. A strong trend or price move usually moves without any profit taking. At some point in the uptrend, investors will take profits. The candlestick signals identify where the profit-taking begins and where it ends.

This is the same scenario as what we have seen in the Dow for the past three months; a very strong uptrend with no great profit taking pullbacks. This past week experienced strong selling in the Dow. Was this a full-scale reversal or a profit-taking pullback? That is always the question that is invoked when the sellers start showing up. The advantage a candlestick signals is the revealing of when the profit-taking is over. Last week the Dow experienced a bullish Harami, indicating the selling had stopped. The Doji at the T- line created the possibility of a short-term bounce during a downtrend. However, candlestick analysis involves understanding what will confirm a signal.


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Forex Dot Com

Looking to automate your trades according to a pre-set strategy? Many traders use auto-execution tools as a way to trade the markets actively – without spending all their time at the computer.

Auto execution tools can trade a pre set strategy for you, just as a sharp money manager would – without prohibitively high account minimums or fees. Whether you're looking for battle-tested trading strategies from premier research companies, or eager to write and test your own trading scripts, FOREX.com makes it easy to trade intelligently – automatically.

Auto Execution is ideal for clients that want to:

* Automate strategies from scripting languages such as TradeStation's EasyLanguage® or eSignal's Formula Script
* Integrate strategies from charting packages and custom applications
* Take advantage of trading systems developed by premier research companies

Our partners provide solutions for clients from the individual investor to CTAs and Fund Managers. With our partners you can:

* Seamlessly integrate your systems on one or more of your FOREX.com accounts
* Automatically execute signals based on your predefined strategies
* Easily manage your strategies from advanced software applications
* Manually intervene if necessary
* Diversify your strategy portfolio by trading systems

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Free Forex web Tools

As a leader and pioneer in online foreign currency trading, CMS Forex is dedicated toward offering tools and resources to help educate the public. CMS now offers several FREE customizable Forex tools that can be added directly to your website. Select one or more trading tools, tailor them to your needs then simply copy and paste the HTML code that is generated. Our Forex tools are easy to implement and free to use!

WebCharts: Form

Would you like to show your website’s visitors current candlestick charts to reflect market activity? Our WebCharts allow you to do this. A user chooses a currency pair and a time frame and gets access to a live forex chart from your website.

Forex Quotes

Want to display current foreign exchange rates on your website? Our Forex Quotes tool lets you keep your visitors informed about the most current forex rates, while also keeping track of percent change for the day and week.

Our Pip Calculator makes it easy for users to find out how much a pip is worth depending on a trader’s lot size. This tool takes the guesswork out of calculating these values, and can even be displayed in any of the major currencies.

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Forex Trading Tools and Calculators

Many Forex Traders will use a forex tool in order to help minimize the risk and maximize their profits. They will use various tools to help collate historical data as well as current information (both relating to political and economic conditions) which could actually affect the behavior of currency prices. In this article we will look at a number of forex tools which a trader may incorporate into their operation.

1. Risk Probability Calculator (RPC)

This will help someone to identify trades that have more potential for gain rather than loss. It will also help someone to target the exit points that are optimal to end the trade.

2. Pip Value Calculators

These are able to tell the Forex trader what the actual profit or loss will occur from movements in the Forex markets.

3. Pivot Points

This type of tool helps to predict the upward and downward movement of currency prices. They are normally calculated as an average of the currencies high, low and closing prices. Using pivot points can tell a Forex trader whether the prices are inside the normal trading range or in the extreme trading ranges instead.

4. Forex Simulator

This enables either yourself or a Forex trader to upload, view and review historical data for any given point in time. This tool can be used to confirm one's understanding of pattern recognition and trading signals. It also allows you to rewind and fast forward the data provided in order to test and retest a person's knowledge and understanding of the subject.

By using a forex simulator you can take snapshots of trades as well plus you are able to use any indicator line that you like. Best of all you can keep a trade journal so that you can refine your strategy when you commence trading on Forex.

Take some time to look on the internet and see what kind of Forex Tools you will find to enhance your trading and give you the best indicators of the market future.

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IFX Markets

IFX Markets offers you the information you need when it comes to forex tool. The fast and easy to use trading platform provides free charting, streaming news, forex tool , hedging, entry, limit, traditional and trailing stop order capabilities. Trading support is available 24-hrs by phone and email.

IFX Markets, Inc. is a Futures Commission Merchant registered with the CFTC and is member of National Futures Association. It is the US subsidiary of the London-based international market maker City Index Ltd, which provides its institutional and retail clients with a wide range of innovative leveraged financial products, principally in the foreign exchange and global equity markets.

City Index, Ltd. is regulated by the Financial Services Authority and has passports to do its business throughout the European Union.

Established in 1983, City Index, Ltd. is part of Intercapital Private Group Limited (IPGL Limited), substantial shareholders in the world’s leading derivatives broker, ICAP plc.

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FOREX - from beginner to professional

  • Our own trading platform with new possibilities for the clients.
  • Trades possible of any volume beginning from $100.
  • Trading with fixed prices.
  • Automatic execution of the orders.
  • Possibility of opening two opposite positions.
  • Fixed spread from 2 points for all account types.
  • Possibility of opening account within 10 minutes from any part of the world.
  • Money withdrawal through the terminal without filing special separate requests.
  • Language support by telephone, internet chat, e-mail.

NetTradeX is a own unique trade-analytic complex of new generation, elaborated by IFC Markets. The client terminal NetTradeX provides users wide range of possibility for trading various instruments.

NetTradeX Mobile allows to manage your trade account through PDA. Using NetTradeX Mobile, you need not stay near your computer, so you have possibility to make deal in the financial markets anywhere in the world.

In this moment the beta version programme of NetTradeX Mobile is available to download, without the support of graphic analysis, which will be available in the next version. During beta testing the access from a mobile terminal is allowed only to demo server.



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Forex Trading at Saxo Bank

axo Bank has long distinguished itself as a leader in Forex Trading.

Over the past few years, we have received numerous awards from the industry-leading FX magazines, cementing our position as a frontrunner in the online Forex trading market.

Our clients access online Forex spot trading of over 160 currency crosses – more than any other online provider. We also offer online trading of Forward Outrights on over 100 currency crosses and trading of Forex Options on live, streaming prices (on select currency pairs).

Bank offers Forex trading on the most competitive spreads around – from 2 pips for major currency crosses and half-pip pricing for even tighter control.

Bank offers flexible technology that caters to the level and experience of every Forex trader. Try Forex trading via our downloadable platform, SaxoTrader, via our internet-based WebTrader program or via your mobile phone using MobileTrader.

All of our trading platforms come equipped with a wide array of technical analysis tools, charting programs, streaming news, market research and trading ideas. Everything you need to make your Forex trading decisions in one place.

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VersusBoard FX

VersusBoard FX ® is a Forex Trade Signals Software application. It delivers Forex Signals Alerts in real time. It tells you the entry and exit points for six pairs of currencies (EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, EUR/JPY).

Its users also benefit from Forex Signals Alerts, necessary tools for the Forex trader: A complete and detailed market analysis thanks to "Market Briefing", graphics in real time and more....

Versusboard FX® is a revolutionary system, managed and provided by renowned traders, who have proved themselves on the Forex market in the major exchanges. This is the perfect tool and ideal solution for anyone who wishes to trade with complete confidence. It is designed for those who do not have sufficient experience or who do not have the time to analyse the market.

This system is designed for those new to forex. The signals are easy to understand and enter. No confusing terminology. If you can enter basic orders (market, limit, stop loss), then you can be successful at this system! The signals are so easy to enter that a nine year old child can enter them ... really!

How does it work?

Versusboard FX® covers the main exchange centres (Asian, US and European). Forex Trade Signals are delivered to you by our team of professional traders using our Versusboard FX ® tool. These signals are based on fundamental and technical analyses.

Our users access Versusboard FX®, using an identifier and a password. As soon as a signal is delivered, our users are instantly informed in real time on our VersusBoard FX® platform. Our signals are also delivered to you by e-mail and SMS/mobile phone, so that, wherever you are, you will not miss any of our signals.

Subscribers are provided specific Buy/Sell indications, Entry points, Stop-loss levels, and Profit-taking levels for each of the currency pairs. The signals are extremely easy to follow.

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Forex software systems

Forex software systems
An overview into modern Forex software systems and the Easy-Forex Trading Platform
Foreign Exchange (Forex) software is designed to allow end users to trade currencies online in a real time, secure, private and efficient manner.

The major issues that a foreign exchange software platform should address are:

  • Real-time- providing constantly up-to-date exchange rates in increments of a few seconds. These rates, in contrast to traditional bank rates, are actual, tradable Forex quotes. Once you decide to trade on a currency you can "lock" in a rate and this will be the actual rate at which the transaction will take place.
  • Security, privacy and data integrity- for any user performing financial transactions over the Internet, this is a main issue. This point is further emphasized with Forex trading software, where the amounts traded may be significant. Forex trading software must be designed with the highest level of data security, integrity and privacy. Most systems use at least one layer of at least 64-bit SSL encryption, as well as various data backup and recovery methods and procedures.
  • 24x7 availability - providing updated Forex quotes 24x7 and allowing a trade any time of the week.
Web-based versus downloaded Forex software

Forex software comes in two main forms - web-based and client-side Forex software:

Web-based Forex software system

Web-based Forex software means that all the operations are performed on the vendor's website, pending user verification. That means that users are offered a familiar, web-based interface, to perform their desired operations. The advantages of such a system are:

  • No need to download and install proprietary software
  • Log in anywhere, anytime. A web-based system allows instant access to a user account, from any Internet connected computer.
  • Familiar and friendly, web-based user interface.
Client side Forex software system

Client-side Forex software is a program that a user downloads and installs to gain access to the Forex markets. The software communicates with the vendor's server offering Forex services.

Easy-Forex Trading Platform

Easy-Forex offers a web-based Forex trading system. We believe in making foreign exchange easy, thus we offer a friendly, fast, secure, no-download, web-based Forex system to allow even the novice Forex investor easy access to the Forex markets.

With regard to our backend, Easy-Forex has two different server farms in different locations to ensure backup and recovery. Each server farm uses load-balancing software to balance the load handled by each node and to ensure an immediate, real time response to any user operation.

We accept credit cards, pending approval by the credit card company. Please read more about the robustness of our system in the sections describing the security and real-time aspects of our Forex software.

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Ava FX is dedicated to providing the FX trader with an online FX platform

Ava FX is dedicated to providing the FX trader with an online FX platform with no compromise on integrity and fairness. Our state-of-the-art FX trading platform AvaTrader, is easy enough to be used by novice traders and yet it provides even the most sophisticated trader with all the necessary tools.

We offer all our traders personal service, ensuring that their trading experience is efficient and hassle free. We know what you need and are ready to serve you. You can begin by trying our free demo with a $100,000 practice account. Look at our resources, read our daily commentaries, sign up for a real account and then start trading.

Ava FX is backed by a large financial institution, which manages over $16 billion in assets. We value your trust and spare no efforts in assuring that your funds are safe and secure with us.

*The high degree of leverage that is obtainable in the trading of off-exchange foreign currency transactions can work against you as well as for you. Leverage can lead to large losses as well as gains.

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PDA Shareware Forex Tool of the Day MetTrader 4 Mobile for Palm and Pocket PC

From the Developer: MetaTrader 4 Mobile Forex program is comparable with full-function trading terminal. You have a possibility of full access to financial markets and making deals from anywhere of the world. Moreover, technical analysis and graphical visualization of financial instruments are available (including off-line mode - without connecting to server). Trade dealing is done with careful observation of confidentiality and is absolutely safe. If required, you always have the history of completed trade deals.

From your Guide: If you're a Forex Trader and your broker uses MetaTrader, you'll want to look at MetaTrader 4 Mobile. This great piece of software is available for both Palm and Pocket PC and gives you almost as many options as the MetaTrader desktop version. Be sure to check with your broker first to see if there is a free download. Otherwise you can download a 7 day trial from the developer's link below.

Source

PIP USD VALUE CALCULATOR

PIP USD VALUE CALCULATOR

Major currency pairs Pip Calculator


http://www.fxstreet.com/forex-tools/pip-value-calculator/

Forex Pivot Point Calculator

Forex Pivot Point Calculator

http://www.fxstreet.com/forex-tools/pivot-point-calculator/

Forexvoice

Forexvoice™ are the leading providers of live audio forex rates of major currencies. Forexvoice's breakthrough technology allows You to receive and listen to Live forex rates on your PC via Internet 24 hours a day. Forexvoice delivers accurate real time Forex Rates on:

EURUSD, USDJPY, USDCHF, GBPUSD, EURJPY, EURGBP

Forexvoice's accurate and speedy delivery of real time forex rates ensures that Banks, dealers, traders, brokers and fund managers are always aware of the real market and can take action immediately to their advantage.

http://www.forexvoice.com/

alert!fx

alert!fx™ is an excellent supplementary tool for today's highly mobile foreign exchange trader. This unique service will keep currency traders close to the rapidly changing forex market even when they are away from their screens by using the parameters of their trading strategy to set alerts on rates and technical indicators, as well as create personalized reminders for important dates or events. No matter where you are around the globe, alert!fx™ allows you to utilize your email-enabled mobile phone or PDA as a communication channel to receive your preset alerts in a manner that is convenient and functional.

http://www.alertfx.com/

Online Forex Tool Calculators - Excel Sheet provided

We are a forex company and need two calculators that we can

put in HTML or PHP pages, whichever one we should use.
It must be compatible with IE and Firefox as well.

We can provide an excel spreadsheet for you to see how to
make the risk management calculator, and we have similar
data info for the position size calculator.

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Benazir`s Political News Party Rejects Scotland Yard Help, Insists On UN Probe

Japanese PM Rules Out Cabinet Reshuffle For Now
1/4/2008 1:05:26 AM Japanese Prime Minister Yasuo Fukuda on Friday dismissed reports appearing in the media that he would reshuffle his cabinet in January in a bid to bolster flagging support for his government.
Benazir`s Party Rejects Scotland Yard Help, Insists On UN Probe
1/4/2008 12:36:23 AM Adding to the discomfiture of Pakistani President Pervez Musharraf, the party of slain former Prime Minister, Benazir Bhutto, on Thursday rejected a government announcement that Scotland Yard anti-terror detectives would help in the investigation.
Huckabee, Obama Win Iowa Caucuses
1/3/2008 10:44:43 PM Early results of Thursday`s Iowa caucuses showed former Arkansas Governor Mike Huckabee took first place on the Republican side. Illinois Senator Barack Obama was projected as the Democratic winner. These results largely conformed with pre-caucus expectations.
US Pained By Sri Lankan Decision To Withdraw From Ceasefire Agreement
1/3/2008 10:33:04 PM The United States has said that it is pained by Sri Lanka`s decision to withdraw from a 2002 Norway-brokered cease-fire agreement with the Tamil Tiger rebels.
Obama Projected As Winner In Iowa Democratic Caucuses
1/3/2008 10:22:16 PM In Thursday`s Iowa caucuses, the first nomination event in the presidential primary season, Illinois Senator Barack Obama inched ahead of the competition on the Democratic side, beating out former Senator John Edwards of North Carolina and New York Senator Hillary Clinton.
Huckabee Projected Winner Of Iowa Republican Caucuses
1/3/2008 10:17:14 PM Former Arkansas Gov. Mike Huckabee is projected to win Thursday`s Republican caucuses in Iowa. Huckabee had 31 percent support with 41 percent of precincts reporting.

Hamas`s Haniyeh Calls For French Help In Mideast Crisis
1/6/2008 10:41:52 PM Beleaguered Hamas leader Ismail Haniyeh on Sunday wrote to French President Nicholas Sarkozy, seeking his help for the Palestinian people while at the same time welcoming `all international efforts` aimed at improving regional security.
Hamas: Bush`s Mideast Visit Will Focus On Iran, Not Mid-East Peace
1/6/2008 9:37:51 PM US President George Bush`s forthcoming visit to the Middle East has more to do with Iran and how to deal with the Islamic regime than about pushing the Israeli-Palestinian peace process forward, a senior Hamas official said Sunday.
Chavez Puts On Hold Revolutionary Change In Venezuela
1/6/2008 9:29:46 PM In a significant reversal of policies, Venezuelan President Hugo Chavez put on hold his drive for revolutionary change and instead is focusing on everyday problems from soaring crime to trash-strewn streets.
Mikhail Saakashvili Gets Majority In Preliminary Results Of Georgia President Election
1/6/2008 4:01:52 PM Sunday, Georgia election commission said Mikhail Saakashvili won 52.8% of the vote in the presidential poll, with overseas results pending. The most ballots counted indicated that he would not have to contest a second-round run-off.
A Retaliatory Move? - Iran Expels German Diplomat
1/6/2008 9:56:40 AM In what is believed to be a retaliatory move, Iran expelled a German diplomat for `non-diplomatic activities”, Iran`s foreign ministry confirmed on Sunday. No further details are available. An Iranian diplomat was expelled from Germany in July, 2007 after he reportedly tried to buy components for Tehran`s disputed nuclear program.
Bush: Markets Are Strong And Solid
1/4/2008 5:24:24 PM Despite an ongoing housing crisis, rising unemployment and crude oil prices near $100 a barrel, President Bush said the U.S. financial markets `are strong and solid` on Friday.
Dodd Pulls Out Of Race For Democratic Bid
1/4/2008 3:42:44 PM After a poor showing in the Iowa caucuses, Connecticut Senator Christopher Dodd withdrew his nomination for the Democratic presidential nomination. Despite moving his entire family to Iowa for the last several weeks, Dodd finished seventh in Thursday`s caucus with just 0.2% of the vote.
Biden Pulls Out Of Presidential Race
1/4/2008 3:19:22 PM Delaware Senator Joe Biden withdrew his bid for the Democratic presidential nomination, following a tough showing in the Iowa caucus on Thursday. The chairman of the Senate Foreign Relations Committee received less than 1% of the vote in Iowa.
Kosovo`s Legislators Sworn In; To Elect The Prime Minister On Wednesday
1/4/2008 2:17:50 PM On the road to forming a government before declaring independence from Serbia early this year, Kosovo`s legislators were sworn in at the first session of a new parliament on Friday.
Georgia Elects Its President On Saturday Amid Election Rigging Charges By Opposition
1/4/2008 10:57:27 AM Georgia goes to the polling booths Saturday to elect the President amidst fears from the opposition that the authorities have planned to rig the vote.
Hugo Chavez Announces A Major Cabinet Reshuffle
1/4/2008 9:21:58 AM Venezuelan President Hugo Chavez has announced a major cabinet reshuffle. The hawkish South American leader, who was dealt a blow in December when his constitutional reform proposals were rejected in a referendum, has hinted that the axe will fall on Vice-President Jorge Rodriguez, who has been blamed for the defeat.
US-Libya Bilateral Relations Forge Ahead Despite Lingering Concerns
1/4/2008 5:57:32 AM US Secretary of State Condoleezza Rice met with Libyan Foreign Minister Abdel-Rahman Shalqam amid warming ties between the two countries ever since the African nation renounced weapons of mass destruction in 2003, the State Department said.
Syria Pitches For Bigger Share Of Euphrates Water From Turkey
1/4/2008 4:14:25 AM Visiting Syrian Deputy Prime Minister Abdullah Dardari pitched for a bigger share of Euphrates River water during a meeting with Turkish officials, citing the drought that affected wheat production in his country all through last year.
Bush Not Holding Three-Way Meeting With Olmert, Abbas
1/4/2008 3:36:46 AM Thursday, the White House ruled out President George Bush holding a three-way meeting with Israel`s Prime Minister Ehud Olmert and Palestinian Authority President Mahmoud Abbas during Bush`s visit to region next week.

Source : http://www.forexsites.com/default.asp#top

The US dollar showed strength against its major

Dollar Drifts Higher After Last Week`s Mixed Performance [EUR/USD]
Sunday, January 06, 2008 11:26:21 PM - The US dollar showed strength against its major counterparts during early Asian deals on Monday. The greenback strengthened as traders awaited the outcome of the ongoing G-10 meeting in Basel, Switzerland. Heads of major central banks are expected to make their stance clear later today on efforts to calm the currency market. The buck also jumped against the New Zealand dollar in the session despite stronger-than-expected trade balance data from New Zealand.
New Zealand Trade Deficit Narrows
Sunday, January 06, 2008 9:37:27 PM - Dairy and petroleum exports helped reduce New Zealand`s monthly trade deficit for November to NZ$646 million, according to data made public Monday by Statistics New Zealand.
Only A Handful Of Economic Reports Will Be Released Next Week - Economic Preview
Friday, January 04, 2008 4:39:59 PM - The stock market closed sharply lower Friday as investors reacted to an employment report that came in well below expectations. All major indices closed down, with the Dow closing at 12,800 - a loss of 256 points. Next week is fairly light in terms of economic reports, allowing the fallout from the employment data to spread across a few sessions.
Crude Oil Closes Below $98
Friday, January 04, 2008 3:34:15 PM - Crude oil turned lower in Friday`s U.S. trading after hitting the $100 a barrel mark in each of the two previous sessions. Light sweet crude for February delivery traded at $97.91, down $1.27 on the session. Oil dipped to as low as $97.10 in mid-day trading amid profit-taking following the record rally.
Gold Slips Away From Multi-Decade High
Friday, January 04, 2008 2:37:46 PM - Gold prices moved lower on Friday in U.S. trading and pulled back from its 28-year high reached in the previous session. March gold was at $865.70, down $3.40 for the day. Prices dipped to as low as $857.00 in the early going amid some profit-taking after the metal had higher for about two weeks.
Wheat Gives Back Gains From Previous Session
Friday, January 04, 2008 1:36:32 PM - The price of wheat fell sharply on Friday in U.S. trading, erasing its gains from the previous session. Wheat for March delivery fell to $9.20 a bushel, down 25 cents on the day. The drop took wheat away from a weekly low. Wheat climbed by the most allowed by the Chicago Board of Trade on Thursday. March wheat prices moved at $9.45 a bushel, up the maximum 30 cents on the session.
Crude Oil Moves Below $98 Mark
Friday, January 04, 2008 11:28:42 AM - Crude oil saw weakness on Friday in U.S. trading, backing away from its record levels. Light sweet crude for February delivery traded at $97.48, down $1.80 on the session. Oil dipped to as low as $97.17 in early trading and has been down throughout the session.
Service Sector Growth Slows Less Than Expected
Friday, January 04, 2008 10:17:03 AM - Friday morning, the Institute for Supply Management released its report on activity in the service sector in the month of December, showing that the pace of growth in the sector slowed less than economists had been expecting.
Copper Prices Turn Lower
Friday, January 04, 2008 10:15:39 AM - Copper prices fell on Friday in U.S. trading, as weak jobs data added further concern over the U.S. economy. Copper for March delivery fell 3.8 cents to $3.15 a pound. The red metal had been trading at a 10-day high before the slide.
Euro Zone Annual Inflation Holds Firm At 3.1% In December
Friday, January 04, 2008 9:41:32 AM - Euro zone annual inflation held steady at its high in more than six years as well as above the central bank target in December, driven by surging food and energy prices. Separately, a survey found that service sector growth slowed in the Euro zone economy.
Oil Slips Below $99 A Barrel
Friday, January 04, 2008 9:25:44 AM - Crude oil dropped back below the $99 a barrel mark in early trading on Friday, pulling away from its record levels. Light sweet crude for February delivery traded at $98.44, down 74 cents on the session. Oil dipped to as low as $98.30 in early trading, easing back from the $100 mark reached twice earlier this week.
Canadian Industrial And Raw Materials Prices Increase In November
Friday, January 04, 2008 9:24:38 AM - Friday morning, Statistics Canada released its report on Canadian industrial product and raw materials prices in the month of November. The report showed a notable increase in industrial product prices as well as a sharp rise in raw materials prices.
December Job Growth Comes In Much Weaker Than Expected
Friday, January 04, 2008 9:03:52 AM - Employment growth in the month of December slowed substantially, according to a report released by the Department of Labor on Friday, with the job growth coming in well below economist estimates. The report also showed a much bigger than expected jump in the unemployment rate.
Gold Slips Away From 28-Year High
Friday, January 04, 2008 8:58:50 AM - Gold prices moved lower on Friday in U.S. trading and pulled back from its 28-year high reached in the previous session. March gold was at $866.00, down $3.10 for the day. Prices dipped to as low as $859.00 in the early going.

Source : http://www.forexsites.com/default.asp#top

Dollar Drifts Higher After Last Week`s Mixed Performance [EUR/USD]

The US dollar showed strength against its major counterparts during early Asian deals on Monday. The greenback strengthened as traders awaited the outcome of the ongoing G-10 meeting in Basel, Switzerland. Heads of major central banks are expected to make their stance clear later today on efforts to calm the currency market. The buck also jumped against the New Zealand dollar in the session despite stronger-than-expected trade balance data from New Zealand.

The first few sessions of the first week of 2008 saw little reaction in the currency market as investors were just back to their desks after Christmas and New Year holidays. The US dollar experienced mixed trading against major currencies in response to mixed economic reports.

The HICP inflation data from the European Union and PMI readings from Europe and North America had little impact on the market, as traders focused on Friday`s US December employment data.

A Report by the US Department of Labor showed that only 18,000 jobs were added to the country`s non-farm payrolls against market expectation of 70,000 and compared to 115,000 in November. Also, the unemployment rate jumped to 5% from 4.7% recorded in the previous month.

The US currency slumped across the board amid the jobs report, but it closed the week mixed against the majors. The greenback posted weekly gains against the pound and dollars of Australia, New Zealand and Canada. At the same time, on Friday the buck declined to 5-week low of 1.482 against the euro on speculation the FOMC will consider a 50 basis point cut in the benchmark interest rate later this month.

While slowing economic growth and rising unemployment are pushing the US Federal Reserve toward further rate cuts, inflationary pressures due to very high oil prices may become an issue to contend with. Oil traded above the $100 mark before easing to $98 a barrel towards week`s close.

The dollar reversed some of the losses it suffered amid the jobs report as the Federal Reserve announced Term Auction Facility with a 50% increase in the loan offered. Through TFA, the Fed would offer $30 billion in the auction to be held on January 14 and another $30 billion on 28 January. The central bank infused a total of $40 billion in two equal premiums of $20 each when it did the same last month.

The Fed action is likely to ease liquidity crisis, tempers hopes of a bigger cut in the official cash rate next time. Treasury secretary Henry Paulson told last November that a strong dollar was in the interest of the US.

The week ended January 4 also witnessed unwinding of carry trades, which strengthened the Japanese yen and the Swiss franc against majors. Among the two, the yen closed higher against the Swiss Franc. Recession fears in the US continued to prompt investors flee from riskier assets, and hence high-yielding currencies such as the Aussie and the kiwi suffered losses.

The British pound headed south against the greenback despite the release of slightly better than expected PMI readings from the UK. Friday`s Bank of England releases showed that the November M4 money supply growth exceeded that of the previous month, but decline in the bank lending strengthened the case for another rate cut by the central bank.

The euro-dollar pair strengthened to a 5-week high of 1.4826 before closing the week at 1.4747 Friday. The pair remained in an upward channel after it touched a 2-month low of 1.4312 on December 20th and since then, the euro gained over 3.5% against its US counterpart. Technically, the pair is testing a strong resistance at the current level and a break above the same would take the pair towards it all time high of 1.496. However, if the dollar bounces back, the pair may test support around the 1.452 level.

The British currency is residing at a medium term support around of 1.97 against the dollar as of now. The pound-dollar pair hit a multi-year high of 2.1163 on November 9, and has declined over 7% since then. On the downside, key support is seen around the 1.95 level for the British unit.

The dollar also strengthened against the Canadian dollar in the past week. The pair fell below parity and reached as low as 0.9760 towards end of December. But the buck gained more than 2.9% against the loonie by Friday. The US currency equaled 1.0045 Canadian dollars on Friday before closing the week just 5 pips down.

Against the Japanese yen, the dollar fell to a 5-week low of 107.93 on Friday before closing the week`s deals at 108.54. The dollar-yen pair that lost ground after hitting a multi-week high on December 27 dropped more than 5.8%, thereafter. A break below 107.24 will mean a multi-year low for the buck. The dollar-franc pair also had a similar action in recent deals, which closed the week at 1.1086 after reaching as low as 1.1023, a 5-week low for the US unit. Economic calendar of the week is light. Nevertheless, traders are likely to focus on the monetary policy announcements by the Bank of England and the European Central Bank. Investors expect the central banks to leave their key rates unchanged on Thursday. The current official cash rate of the BoE is 5.5% and that of the ECB is 4%.

In addition to the rate decisions, consumer confidence data from the U.K and the European Union are expected during the unfolding week. December unemployment report from Switzerland and Canada and November retail sales report from Australia are also likely to attract the attention of traders.

Speeches by Fed`s William Poole, Thomas Hoenig, Eric Rosengren, Charles Plosser and Dennis Lockhart, ECB President Jean-Claude Trichet and the Bank of Japan`s Toshiro Muto are also likely to be in spotlight।
Source: http://www.forexsites.com/home.asp?StoryID=0&ntypeID=fxstory

Marketiva financial services corporation

Marketiva is a financial services corporation specialized in providing traders with high quality online trading services. With a team of dedicated financial specialists and technical support personnel, Marketiva operates globally as a market maker and principal counterparty to retail traders. Marketiva has established itself as an industry leader by relying on its groundbreaking internet trading platform and its superior customer service.
Marketiva's mission is to harness the power of the internet and provide traders with exceptionally effective trading tools and outstanding customer support। Traders using Marketiva enjoy the most advanced online retail trading front-end in the world, the Streamster™ software, renowned for its ease of use, flexibility and reliability.

Multinational Team of Professionals and Scientists
Marketiva's multinational team consists of financial specialists and computer scientists residing across four continents and all time zones, giving Marketiva unparalleled edge both in exposure to market events and real-time responsiveness to customer needs.
The uniqueness of Marketiva's approach lays in the synergy of financial professionals with more than 30 years of combined experience in both trading and dealing working together as one team with computer science experts shaping Marketiva's advanced trading platform। To achieve the ultimate in customer satisfaction, Marketiva's financial and IT experts combine their skills, target-oriented attitude, team spirit and unrelenting focus on the customer।

Providing Opportunity Around the World
Our mission is to provide opportunity for individuals around the world to trade on financial markets under equal conditions like traders operating in traditionally closed financial centers and institutions.
In order to help individual traders make independent and knowledgeable trading decisions, Marketiva provides several types of service completely free of charge: an advanced charting system, daily research reports, market event alerts, expert discussion forums and several other free value added services। Marketiva also offers virtual trading desks within each customer account to make it easy for traders to experiment with strategies, improve their trading skills and get acquainted with the system before buying and selling on a live trading desk।

Integrity, Initiative and Continuous Innovation
We are committed to employing people of integrity, initiative and ability, who help us continue a culture of strong work ethic, value of ideas and responsiveness to customer's goals. Traders all across Europe, Asia and Americas have recognized the dedication Marketiva has to development of long-term relationships with clients.
Marketiva continues with its commitment to technical innovation by regularly advancing the trading platform with the goal of providing individual traders with the most effective and flexible trading platform in the world.
Marketiva is proud to offer one of the most advanced online trading platforms available. Historically, online traders have struggled with problems related to the trading platform, such as unreliable software, slow trade execution, incorrect price feeds and many others. Thanks to the superior trading platform Marketiva is utilizing, traders can finally concentrate on trading instead of various technical difficulties.


Next-Generation Phoneless Customer Support
To provide the quickest and best quality customer support, Marketiva uses a unique next-generation online customer relationship management platform. Marketiva customers enjoy the most responsive, low-cost customer support available thanks to Marketiva's customer support modules within its advanced trading platform. Marketiva customers use the built-in Support chat channel within the Streamster™ software or e-mail facilities to get answers to their queries in a record short time because there is no need to spend minutes on the phone establishing and authenticating the identity of the customer and explaining the full history of the support issue. Traditional phone-based customer support requires customers to make long, frequent expensive international calls that would over time incur high cost on the customer. Instead, Marketiva customers can solve any support issue quickly, efficiently and in an affordable manner by using either the real-time Support chat channel or e-mail with around-the-clock response.

Highest Standards in Service and Security
We combine our market experience, expertise, and professionalism with the world's best online trading software. Marketiva's trading and margin lines with leading banks and counterparties ensure your trades will be automatically executed and with no slippage.
Marketiva ensures that traders experience the highest level of performance, reliability and security by taking advantage of professionally managed network operation centers with fully redundant server arrays and redundant internet connections. Our technical staff is committed to ensuring a maximum possible uptime for Marketiva's service and 24-hour service accessibility. Unlike many online trading operations, trading platform used by Marketiva utilizes industry-standard encryption technology to ensure that all communication between our customers and our servers is completely protected and confidential.


Procedures for Prevention of Unlawful Activities
Marketiva is committed to assisting governments combat the threat from money laundering and terrorist financing activities around the world। For that purpose Marketiva has setup a highly sophisticated electronic system. This system documents and verifies client identification records, and tracks and maintains detailed records of all transactions. Marketiva carefully tracks suspicious and significant transaction activities, and reports such activities providing timely and comprehensive advice to law enforcement. To uphold the integrity of the reporting systems and provide protection to businesses, the legislative framework provides legal protections to providers of such advices. Marketiva is committed to regularly update its electronic system for inspection of suspicious transactions and for verification of client identification records, in accordance with any new regulations as they are promulgated, as well as providing training for its employees on enhancements to anti-money laundering procedures that may be required by new regulations.

Safety of Client Funds and Transaction Integration
Client funds held with Marketiva are maintained in separate accounts at triple A rated financial institutions for the sole purpose of the clients' trading activity and are never commingled with operating capital of the company. Withdrawals from these bank accounts occur only as a direct result of clients' trading activities or an authorized request for withdrawal.
To ensure the safety of client funds, Marketiva has created three independent components operating under an integrated system of trading, settlement and risk control. The Execution Component receives and executes the clients' trading instructions; the Operations Component settles the transactions and transfers the funds; the Risk Control Component monitors transaction execution and the fund settlement process.
Marketiva utilizes transaction processing and integration services for both deposits and withdrawals, for purposes of getting one transaction stream and making the transaction processes faster, convenient and more efficient for customers।

Source : http://panduanmarketiva.blogspot.com/

Introduction to Forex Trading

The 1971 abandonment of the Bretton Woods Accord and the subsequent unwinding of the system of fixed exchange rates gave rise to the foreign exchange market as we know it today.

Forex refers to the foreign exchange market, where brokerage firms and banks are connected over an electronic network that allows them to convert the currencies of countries around the globe.

The forex market is the largest and most liquid financial market in the world. The daily dollar volume of currencies traded in the currency market exceeds $1.9 trillion, many times larger than the combined volume of all U.S. equities and futures markets.

While forex trading used to be executed exclusively between government central banks and commercial and investment banks, trading forex has become increasingly accessible to private investors thanks to the PC and internet.

The most commonly traded currencies are the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar. The FX market runs 24-hour hours a day, 5 days a week with continuous access to global dealers. Trading is not centralized on a physical location or an exchange, as with the stock and futures markets.

Foreign Exchange is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY).

For example, you would execute a trade when you expect the currency you are buying to increase relative to the one you are selling. If the currency you are buying increases in value, you must sell the other currency to close the position and take a profit. The first currency in the pair is called the base currency and the second is called the counter or quote currency. Usually the US currency is the base currency and quotes are given in $1 USD per counter currency, e.g. USD/JPY. The exceptions are the British Pound, the Euro and the Australian Dollar.

Understanding forex quotes: 1 unit of the base curreny = the exchange rate in the quote currency. Eg if EUR/USD is trading at 1.2762, 1 Euro will buy you 1.2762 Dollars.

Understanding contract size in forex trading: The contract size is normally a lot of 100,000. This means per standard contract you are controling 100,000 units of each pair, so if you are buying eur/usd you would be buying 100,000 euro's and selling 100,000 dollars simultaneously. For this contract size, each pip (the smallest price increment) is worth $10. Many firms offer mini accounts now where you can trade units of 10,000, where the pip value is $1.

Trading the Forex market allows very low margin requirements relative to other markets।

Read more : http://fxcast.com

Why Easy-Forex Trading Platform

Are there real people behind the phone (or the e-mail box)?
Do I speak with the same person, managing the service to my Forex account and providing the personal touch and assistance, online?


Easy-Forex expert team members are available for you, at all times, anytime. Moreover, you have your own Account Service Manager working closely with you, and the dealing room services are offered to you by expert Forex dealers. You may speak with us over the phone, over e-mail, or over the advanced online CHAT system that we run, as well as visit your regional office and meet in person.



Do they offer professional assisting tools?

Easy-Forex™ offers background information for the Forex market, Guided-Tour, seminars, one-on-one training, CHAT, telephone support, as well as other assistance tools, including technical support. You are never left alone to trade without help, if indeed you need it. Moreover, your personal Account Service Manager will guide you live, on your first trading steps, to help you get acquainted with the Easy-Forex™ system, and will answer your technical questions.

When I set a rate to a deal, is it executed "around", or "near" the rate I set, or rather exactly on it?

Easy-Forex™ executes your set rates, including Stop-Loss and Take-Profit rates, by using the latest technologies. We are committed to the principle that you should not lose more than your Stop-Loss amount at risk, as defined by you.

As well, per your pre-set TAKE-PROFIT rate (if you choose to set such rate) your deal will be automatically closed, exactly on your pre-defined Take-Profit rate.

Needless to say that you can change those pre-defined rates, Stop-Loss as well as Take-Profit, at any time while your deal is open.

It is highly important that you know that, due to the nature of the forex global market, 100% guarantee to pre-set rates is impossible. Such may occur under highly volatile market conditions, where other parties to the Forex trade (e.g. – the trader, the platform, the liquidity provider, etc.) are unable to execute specific rates, or specific rate range, due to conditions that are beyond their control.

Simply put: Easy-Forex™ makes any and all efforts to guarantee the rates, when it is able to doing so, unless market conditions prevent delivering the rate selected.

Is their internet platform friendly and easy to use?
Do I need to download any software?
Can the trading be performed immediately, without any obligation to a certain configuration or a computer?


May I generate detailed reports at a click of a button, as well as track all transactions performed in my Forex account, whenever I wish?

Of course. That''s what they call in the business "WYSIWYG" (What you see is what you get). You may check the value of your position at any time, as well as see historical data (transactions and deals) with a click of a button. Moreover, you may generate "scenarios" ("what-if") with possible rates per you position, in order to see if you are in gain or loss.

Can I control my Forex account from anywhere on the globe, from any computer, at any desired time, 24x7x365?

Of Course. Any computer connected to the internet, anywhere on the globe, would enable your accessibility. In case you have technical difficulties - relating to old versions of PC hardware or software - please read our TECHNICAL SUPPORT section (linked at the bottom of our homepage).

Please note that trading is not available between 14:00 and 19:00 GMT on Sundays. Moreover, several currencies (including Gold and Silver) are not traded “around the clock”. We recommend that you check the trading hours for specific currencies with our dealing room. In most cases, Traders can trade Forex beyond the normal trading hours. However, trading in such hours, if indeed available, usually involves higher spreads.
Easy-Forex™ makes its best efforts to perform the maintenance and upgrading of its website during Sundays, when the world market is not active.

Are the rates presented the most updated rates?
Whom are they powered by?
Do they work with world''s leading financial data providers?


The Easy-Forex™ high-edge system uses the latest highly sophisticated and advanced technologies in order to offer you up-to-the-second quotes. You may check your accounts and positions in real time, you may do so 24 hours a day, and make a deal based on real-time information. Easy-Forex™ believes it is highly important for you to be able to control your funds whenever you wish, and base your deals on real-time information. That is the level of service you deserve!!

Please note that trading is not available between 14:00 and 19:00 GMT on Sundays. Moreover, several currencies (including Gold and Silver) are not traded “around the clock”. We recommend that you check the trading hours for specific currencies with our dealing room. In most cases, Traders can trade Forex beyond the normal trading hours. However, trading in such hours, if indeed available, usually involves higher spreads.
Easy-Forex™ makes its best efforts to perform the maintenance and upgrading of its website during Sundays, when the world market is not active.

Easy-Forex™ Trading Platform is the only Forex platform that enables users to start trading immediately. With no software download required you may login to your account and trade anytime, from anywhere.

Am I bound to wait for the banking hours, or can I deposit trading margins with my credit card?
Should I miss an opportunity, in case I would like to change the margins in the middle of the night?

And when I profit, can I withdraw the profits to my credit card account?


Easy-Forex™ is the only Forex platform which allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours! Easy-Forex™ cares about protecting your credit card security as well as protecting your privacy to the highest standards. To achieve that, we use the latest technologies and comply with all relevant regulations

Are there any tedious procedures needed for account set-up?
Can I immediately register, deposit the margins for the deal, and start running?


Of course you can, especially when you have no software to download, and you have the option to use your credit card for depositing the margin required for the trading. Please note that due to security measures, aimed to protect you, the Forex trader, the scope of deals on the first week of new users trading with Easy-Forex™ is limited. Such restriction will be removed after making a phone contact with our team.


Read more : http://www.easy-forex.com/en/Forex.Why.aspx

FOREX.com is a division of GAIN Capital Group

FOREX.com is a division of GAIN Capital Group, a dedicated partner to professional FX traders and fund managers worldwide. Institutional services include IB programs, white label solutions, and asset management. Individual forex traders can take advantage of the market expertise and financial strength of GAIN Capital Group and access an institutional FX trading platform, FOREXTrader, along with our powerful real-time forex charts, professional forex market research, and suite of advanced forex trading tools. For traders new to the currency trading, FOREX.com offers forex training programs, forex minis, and information about trading the foreign currency market.

More Informations visite http://www.forex.com/