MetaTrader India

Synergy FX, a leading Australian forex broker, releases their new trading account with ECN pricing for professional forex traders using the Meta Trader 4 platform

In a move to expand their overall product offering, Synergy FX now offers their Standard Account and an ECN Account.

Importantly, forex traders have the opportunity to practice their trading in either account in the Synergy FX forex demo account.

Suitable for all style of traders, the demo environment is ideal for both currency trading for beginners as well as professional traders to test their forex trading strategies in a practice environment before switching over to the live account.

Manual traders can access Meta Trader 4′s wide range of technical indicators and powerful charting tools to test and confirm their trading decisions.

For automated forex trading strategies such as Expert Advisors and forex robots, traders can import the forex trading system onto the Synergy FX Meta Trader 4 platform to test the programme in the demo environment.

Source: www.sfgate.com

 

Company Name: FOREX.com

Website: http://www.forex.com

Headquarters:

Bedminster One
135 US Highway 202/206
Suite 11
Bedminster, NJ 07921, USA

Country: United States

Other offices countries: Subsidiaries: UK, Australia, Singapore, Japan, Korea

Phone: +1 908-731-0750

Year of company’s foundation: 1999

Liquidity Providers: Our best execution goal is supported by liquidity relationships with some of the world’s leading FX banks, such as UBS, Barclays and Goldman Sachs.

Regulated by: NFA(US), CFTC(US), FSA (UK), Australian Securities and Investments Commission, ASIC(AU) and FSA (JP)

Leverage:

50:1 Major Pairs, 20:1 Minors (US)
200:1 (UK and AU entities only)

Pip spread on majors:
PRO as low as

EUR/USD: 1.3
GBP/USD: 1.3
USD/JPY: 1.3
USD/CHF: 1.3
AUD/USD: 1.1
EUR/CHF: 1.3
EUR/GBP: 1.2
USD/CAD: 1.3

Commissions description:

At FOREX.com, you can trade on spreads as low as 1.1 pips on the most popular currency pairs. Our competitive pricing is coupled with a commitment to deliver the best possible execution on each and every trade. As always, you pay no commissions at FOREX.com. Your only transaction cost is the dealing spread – the difference between the bid and the ask price.

Fractional pip pricing: Y
Mobile trading: Y
Free demo account: Y

URL free demo account: http://ad.doubleclick.net/clk;242126754;64877452;p

Duration: 30 days

Description: Whether you’re new to currency trading or already an experienced forex trader, our risk-free $50,000 practice account is an ideal way to get started at FOREX.com. At FOREX.com, advanced trading tools, 24-hour customer support during trading hours, and a secure online trading experience are all part of our commitment to offer more to the individual investor.

Open Live Account:http://ad.doubleclick.net/clk;242126754;64877452;p

Regular Account: Y
Minimum account size for Regular Account: $2,500
Mini Account: Y
Minimum account size for Mini Account: $500 US
$250 (UK & AU)
Micro Account: Y (MetaTrader accounts only)
Minimum account size for Micro Account: $500 US
$250 (UK & AU)

Accounts denominated in non-USD currencies: CHF, EUR, GBP, JPY (AUD, NZD in AU only)

Segregated Accounts: Y (UK, JP, and AU accounts only)

Payment methods: FOREX.com offers clients four convenient ways to fund their trading account. Fund your account via credit card, eCheck (US only), wire or check.

Services: Trading 24 hours a day from Sunday 5pm ET – Friday 5pm ET. Commission free trading (FOREX.com is compensated through the bid/ask spread). Web-based trading platform requires no download or installation. Free access to charting, news and research. 24 hour customer support via phone, email, and chat during trading hours. Mobile trading available.

24 Hour trading: Y

Hedging Facilities: Y (MetaTrader, UK and AU accounts only)

Order Types: Market, limit, stop loss, If/Then, If/Then OCO, OCO, trailing stop

FIFO Rule: Y (ForexTrader and MetaTrader US)

Pairs Offered:

AUD/CAD
AUD/CHF
AUD/JPY
AUD/NZD
AUD/USD
CAD/CHF
CAD/JPY
CHF/JPY
EUR/AUD
EUR/CAD
EUR/CHF
EUR/CZK
EUR/DKK
EUR/GBP
EUR/HUF
EUR/JPY
EUR/NOK
EUR/NZD
EUR/PLN
EUR/SEK
EUR/TRY
EUR/USD
GBP/AUD
GBP/CAD
GBP/CHF
GBP/JPY
GBP/NZD
GBP/USD
NZD/CAD
NZD/CHF
NZD/JPY
NZD/USD
SGD/JPY
USD/CAD
USD/CHF
USD/CZK
USD/DKK
USD/HKD
USD/HUF
USD/JPY
USD/MXN
USD/NOK
USD/PLN
USD/SEK
USD/SGD
USD/TRY
USD/ZAR
ZAR/JPY

Other instruments:

Spot metals (UK and AU entities only)
CFDs (UK and AU entities only)

Platforms:

FOREXTrader PRO, FOREXTrader Web, Mobile Trading: iPhone and Android applications.

Platform Description: Our FOREXTrader platforms combine ease of use, flexibility and a full suite of professional charting and order management tools, all on a single screen. Best of all, you can use the same User ID and Password to switch between platforms at will, putting you in control of your trading experience. No debit balance guarantee. Free access to charting, news, and research. 24-hour customer support via phone, email and chat during trading hours. Wireless trading available. USD, EUR, CAD, YEN, CHF, AUD and GBP deposits are accepted.

MetaTrader 4 and MT4 Mobile

Platform Description: Traders can benefit from all of the features of the MetaTrader 4 trading platform, as well as the competitive pricing and services of FOREX.com. This highly intuitive platform with advanced trading capabilities offers you the ability to place advanced orders – including hedge support for strategies that require placing opposing trades (UK and AU only).

Trading from charts: Y
EA Compatibility: Y (MetaTrader only)
Platform Video Tour: Y
Platform Video Tour URL: http://www.forex.com/tour/windows.html

Support

FreePhone: Toll Free US: 877-367-3946
Freephone UK: 0800 032 1948
Freecall Australia: 1800 052 278
Toll Free Japan: 0120-288-168
Fax: US: 1-908-731-0701
UK: +44 (0) 208100 5599
AU: +61 2 9221 0591
E-mail: info@forex.com
E-mail average response time: 1 business day
Languages: English, Chinese Traditional, Chinese Simplified, Arabic, Russian, and Japanese

24 hours a day from 10AM Sunday to 5PM Friday (ET)
Saturdays 9AM to 5PM (ET)

Educational Programs:

Discover how our learning resources can help you expand your currency trading knowledge. Watch video tutorials, attend our webinars, and read through a library of articles touching on every area of Forex trading.
Educational Programs link: http://www.forex.com/Learn

Research: Our experienced research team provides robust market analysis you won’t find anywhere else, from real-time commentary to essential daily and weekly reports that summarize key market developments with an insightful perspective. Also, access a full breadth of institutional -grade research to help you monitor the Forex market – their reports combine a chartist’s approach with traditional and proprietary indicators and pattern recognition to evaluate directional moves, identify price targets, and scan the markets for potential trade ideas.

Awards: FT Investors Chronicle, Best Forex Platform (2010)
Middle East Online Trading Summit, Best Retail Services Provider (2010)
Moscow Forex Expo, Best US Broker (2010)
Shares Awards, Best FX Broker (2010)

Social Media Links

Forex.com Twitter: http://twitter.com/#!/forexresearch
Facebook: https://www.facebook.com/forex.com
Forex.com Research Team Twitter: http://twitter.com/#!/forexdotcom
RSS Feed: http://www.forex.com/weekly.xml

Source: www.actionforex.com

Interbank FX and MT4i Launch Revolutionary Forex Trading Challenge at New York Traders Expo

Interbank FX LLC, one of the industry’s leading global providers of online forex trading, has partnered with MT4i to deliver a revolutionary trading challenge which will debut at the New York Traders Expo from Feb. 21-23 at the Marriott Marquis Hotel.

This challenge allows the everyday FX trader to trade historically compressed data for 10-15 minutes, with a chance to compete in the final round where five average traders face three of the top forex industry professionals. The individual with the highest equity at the end of the challenge will take home the grand prize of a $10,000 live trading account.

“We’re elated to deliver this fun and interacting trading challenge which has been made possible through our partnership with MT4i ,” said Todd Crosland, chairman and president of Interbank FX. “Our brand-new challenge allows forex traders to experience the excitement of fast-paced currency trading, ending in a competition between average traders and industry professionals with a take home prize of $10,000 towards a live account.”

In addition to showcasing the Forex Trading Challenge at the Traders Expo, Interbank FX offers forex traders a myriad of benefits, including cutting-edge proprietary Execution (CORE) and MT4 Bridging Technologies, deep liquidity from multiple tier 1 banks and Sophisticated Trading Applications (FX Algorithmic Strategies) — all combined for the direct benefit of each end-user.

“Interbank FX has made some significant improvements to their technology this year, and we’re proud to integrate our customizable solution into their Forex Trading Challenge,” said John Morris, partner at MT4i.  “Our back-end software for this competition has enabled Interbank FX to track competitor’s real time including a customized large screen visual which charts each trader’s equity in order to engage the audience and traders alike.”

Source: www.ibfx.com

Global currency trading volume declined 6 percent to just under $100 trillion last year, after setting records in 2007 and 2008, as hedge funds placed fewer trades than in previous years, Greenwich Associates said.

Trading by fund managers fell 23 percent in 2009, leading the declines among the 1,497 corporate and institutional customers surveyed by Greenwich Associates in North America, Europe and Asia, according to the Stamford, Connecticut-based financial-market research company. The drop was partially offset by trading at retail platforms, which grew 16 percent, and by corporations, which rose 10 percent.

“Hedge funds have been a major driver of FX growth for the last several years and when their volume slows down, and it did a lot, the market as a whole feels it,” said Peter D’Amario, a Greenwich Associates consultant in Stamford. “You haven’t seen the opportunities that are generating a need to trade. Reduced volatility has reduced opportunity.”

Foreign-exchange trading volumes dropped as market stability returned in 2009, following the unprecedented volatility of 2008, as financial system turmoil spurred an increase in activity among companies and large financial institutions.

Foreign-exchange volatility, a measure of risk implied by option prices, reached a 19-month low in April, a JP Morgan Chase & Co. index showed, after trading the highest level since at least 1992 in 2008. Options traders expected on April 15 that currencies of the Group of Seven industrialized nations would fluctuate by an annualized 10.47 percent in three months, the lowest since September 2008. It reached as high as 26.55 percent on Oct. 24, 2008.

Source: Bloomberg by Ben Levisohn

Looking for a MetaTrader Broker with a local office in India?

MetaTrader India recomends Alpari Forex (India) Pvt. Ltd. is a company formed under the Indian Companies Act, 1956. 

To find out more and to open an account visit http://www.metatrader.in/metatrader-forex-broker/

Alpari offers Online Trading in Forex via MetaTrader 4 (MT4), one of the world’s most recognised Forex trading platforms for stability and reliability. MT4 is highly regarded and very popular among traders as they enjoy a variety of useful features including Expert Advisors and custom indicators, a complete technical analysis package, professional charting tools and quotes history for back testing.

Alpari MetaTrader 4 Platform

• Fast execution
• Floating leverage up to 1:500
• FSA regulation and FSCS protection of client funds*
• Trade from real-time charts
• Compatibility with MT4 EAs
• Available on a Micro or Classic Account

To find out more and to open an account visit http://www.metatrader.in/metatrader-forex-broker/