MetaTrader India

Metatrader for expert advisor is developed from the MQL4 language. Basically, the metatrader for expert advisor aims to assist traders and investors initiate well calculated trade operations. The program is designed to help eliminate the unreliability, stress, and other hectic emotions that traders usually have when making forex trading decisions or when initiating strategies. Since the program can help calculate outcome and possible losses and other risks, a trader tends to be more secure. Risks are lessened.

You can choose from different kinds of expert advisor. Depending on the facilities and specifications you need, there is certainly a suitable program. If not, there are metatrade programmers who can develop the application you need. The simplest type of expert advisor is developed from the MQL4 language for MT4 platform. The good thing about applications from the language is that they are very accurate.

Regardless of how many times you use it, the expert advisor will be able to give you accurate results. The good thing about using this kind of application is that you get to match the way you do things with the system. You’ll be able to work simultaneously with the program.

It pays to really learn how the system works. Once you learn how things are not and how things “can” be done, you’ll make a lot of profit. Some metatrader software includes audio alarms; custom indicators along with a comprehensive forex trading system that expertly assist you throughout different forex trading dealings. Some metatrader programs even do the trading in your place. They examine the current situation in the forex trading market and take the necessary course of action.

They do their own market research. There is nothing more convenient than using this application. It’s hassle free and very lucrative. For further details check metatrader websites and forex trading forums.

Take advantage of the ThinkForex MetaTrader 4 FREE mobile device promotion. Make the move today and empower your Forex mobile trading while securing your opportunity to receive a free MT4 Mobile device from ThinkForex. To participate, simply open a new qualified Live Forex Account or for existing clients, by completing a qualified round of new funding.

Eligible Mobile Devices Include:

iPhone 4

HTC Sensation – Android

BlackBerry Torch 9860

MT4 Mobile Trading

Get instant access to your MT4 Forex Account, anytime and anywhere, with the ThinkForex MT4 Mobile App. Easily manage your Forex positions or enter new Forex trades on the fly through MT4 iPhone Trader, MT4 iPad Trader, MT4 Android Trader, MT4 BlackBerry Trader, or MT4 Windows Trader.

The Forex market moves by the second and staying informed of market action is crucial to successful trading. Don’t let a single opportunity pass you by. Mobilize your Forex trading with flexibility and security with a ThinkForex mobile trading device. Available in 10 languages, ThinkForex MT4 mobile devices deliver the power to trade at your convenience with the familiar features of the MetaTrader 4 client terminal.

Access & Trade Live & Demo MT4 Accounts

Live Streaming Forex Quotes

Manage Positions at the Touch of a Button

Trade 33 Forex Pairs & Spot Gold & Silver

Review Your Balance & Equity

Available in 10 Languages

ThinkForex MT4 mobile devices ensure the Forex market is easily available at the touch of a button. Don’t pass up this exciting MT4 mobile promotion. Open your live account or fund your existing account today!

Source: www.marketwatch.com

Further to the recent introduction of mobile trading applications by Tadawul FX, mobile forex trading has seen a growth in volume of 175% over the past month alone. The MT4 Mobile Forex trading applications for BlackBerry, Android, iPhone and iPad provided by the Forex broker have been downloaded by many of its traders, allowing trading on the go with easy access. The continued volatility in the markets has also prompted clients to trade more frequently and further capitalize on opportunities to increase profit potential.

With a strong reputation for its focus on offering premier customer support, European licensed online Forex and CFDs broker Tadawul FX, continues to prove that adapting to customers’ needs is of utmost importance to the company.

A few short months after the launch of its upgraded mobile trading platforms, including apps for Blackberry, Android, iPad and iPhone, Windows Mobile and Smartphone, Tadawul FX has experienced an impressive 175% increase in mobile forex trading volume. A web-based Forex trading platform which was simultaneously launched, and which allows access via mobile phone and PC, was also very well received and has been used extensively by Tadawul FX traders.

In line with the overall increase in trading volumes seen across the industry in 2011, Tadawul FX has also experienced a large uplift, both due to the growth of the company and its client base, and also due to the volatility of the markets, which translates directly into large market movements and therefore further opportunities for trades. Global factors such as the unrest in the Middle East, the UK riots, incidents of natural disasters and so on, cause great shifts in the markets, allowing traders to take advantage and capitalize on these upward and downward market movements.

Stavros Yiannakou, Chief Executive Officer of Tadawul FX, explains that the increase in trading volume has been significant this year. “The benefit of Forex trading, which makes it superior to other investment asset classes, is that it requires market movement to make a profit, which can be on either site of the market’s directional movements. So even in a downturn there is potential to make money. And the larger the movement, the more potential there is for profit. With clients from 142 countries, Tadawul FX has seen a marked increase in trading volume, especially from European and Middle East regions directly linked to these large movements.”

Thomas Papantoniou, Chief Operations Officer of Tadawul FX, explains the impact of mobile trading applications on this increase. “With mobile trading, Tadawul FX clients have more opportunity to take advantage of these sudden and large market movements and to better tap into the volatility to their benefit, wherever they are. So far, the most popular mobile apps for our traders have been the iPhone and iPad, followed by Android, Blackberry and Windows. The wide variety of platforms covered, coupled with the option of a web-based interface, and a large choice of language options, is giving our customers direct access to the MetaTrader 4 platform and eliminating the need to download the platform altogether.”

Papantoniou adds, “Platform non-dependency and the simultaneous launch in 10 languages were specifically intended to take advantage of this market volatility. Our mobile applications have all been designed with practicality, speed and user-friendliness in mind. Traders can monitor prices on Forex and CFDs in real time, create ‘favourites’ and ‘watchlists’ for specific interests key to their portfolio. Traders also have the ability to open and close instant market orders, amend and place existing orders including SellStop, StopLoss, BuyStop and TakeProfit. There are user guides available if needed, in conjunction of course with our 24 hour support. The intention of these applications is ultimately to better inform our clients, which will inevitably lead to better trading. Backed by the trading results of 2011 and the popularity of these mobile trading apps so far, it seems our clients are after precisely the same thing, which is simply another way to effectively stay on top of a fast moving market, and another way to make greater profits.”

Source: www.sfgate.com

Source: www.dailyforextradingedge.com

FXCM Inc. (NYSE: FXCM), a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers worldwide, announced that its U.S. subsidiary, Forex Capital Markets LLC (“FXCM US”), has entered into a settlement with the National Futures Association (“NFA”). The settlement terms principally pertain to FXCM US’s practice concerning the execution of price improvements or “positive slippage” in its trading execution system prior to August 2010.  The Company is also engaged in ongoing discussions with the Commodity Futures Trading Commission (“CFTC”) regarding this matter.

FXCM US originally enhanced its trading execution policy in August 2010 to help ensure that clients benefit from positive slippage on all market, limit and limit entry orders.  The policy was further enhanced in December 2010 to address all order types, including stop and margin call orders, through FXCM’s No Dealing Desk (“NDD”) forex execution model. 

Under the terms of the settlement, FXCM US has agreed, without admitting or denying any of the allegations, to pay a fine of $2 million to the NFA and to provide restitution, which the company estimates to be $8 million, to the affected clients.  As disclosed on August 11, 2011 during its Second Quarter Earnings Conference Call and in related filings, the Company is making a reserve for both the restitution and fineassociated with this settlement and for its ongoing discussion with the CFTC.  Certain partners of FXCM Holdings, LLC have agreed to reimburse the expense in substantially the amount of such reserve, resulting in no impact to the net income of FXCM Inc.  All clients receiving restitution will be notified within 30 days.

“We are pleased to have reached an agreement that resolves the NFA’s concerns and that we believe is in the best interests of FXCM, our shareholders and most importantly, our clients,” said Drew Niv, Chief Executive Officer of FXCM.  “We previously enhanced our execution system to pass along all price improvements on every order type and remain committed to providing the most robust forex trading platform available.”

FXCM’s platforms display the best bid/ask spread streamed from the firm’s liquidity providers plus FXCM’s mark-up.  Every FXCM NDD forex trade is automatically offset in a two-step process, designed to ensure that FXCM does not profit from a trader’s losses.  In the first step of the execution process, a trader clicks on the price and the order is sent to FXCM.  In the second step, FXCM automatically sends the client’s order to one of its liquidity providers to offset the trade. 

FXCM’s execution system prior to August 2010 only offered price improvements to clients in the first step of the process.  If a better price became available on FXCM’s platform in the fraction of a second after the client submitted the order but before the order was received by FXCM, the client would benefit from the price improvement.  However, FXCM’s previous execution system did not provide clients with price improvements in the second step of the execution process, even if FXCM was able to offset the order at a better price, excluding FXCM’s markup.  FXCM enhanced the execution system in 2010 so that clients now benefit from price improvements in both steps of a transaction for all order types.

The occurrence of price improvements is based on market conditions, including volatility and liquidity.  Of the approximately $8 million being credited to FXCM US clients under this settlement, approximately $650,000 represents trades placed in 2010, less than 0.3% of the company’s trading revenues during that period.  The largest portion of the credits relate to trades placed before 2009. For the portion of clients who are receiving restitution, the median amount will be $17.40.

As part of the settlement, FXCM also agreed to enhance its existing procedures to ensure the efficient execution of customer orders, modify its adjustment practices and to ensure compliance with NFA’s anti-money laundering requirements.

Mr. Niv added, “FXCM continues to strengthen its compliance program and internal supervisory procedures.”

Source: http://ir.fxcm.com