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Posts Tagged ‘FX Trading’

InvestTechFX offers FX Traders Competitive Spreads in Response to China’s Increased Stake in Europe

November 7th, 2011 Comments off

Smaller retail Forex traders have traditionally been at a disadvantage. Margin deposits required for an online trading account with an Forex ECN broker were prohibitively steep. Minimum trade sizes left absolutely no room for error or to maneuver. Traders in this situation frequently had to accept substandard trading platforms, and unpredictable, variable spreads from market maker brokers. InvestTechFX has eradicated this reality by making minimum account size and trade size very reasonable. Along with this, they provide access to the same professional FX trading platform, MetaTrader, that was once limited to only the biggest traders.

Online Forex traders new to Forex currency exchange trading were often put off by margin deposits exceeding $100,000. Some Forex ECN brokers had minimum initial account deposits of $250,000.

Although margin deposits with a market maker broker could be lower, higher, variable spreads, even on major currencies, could result in a large percentage of trading profits going to the broker, or worse yet trading losses being magnified by that large percentage. InvestTechFX has eradicated this reality by making minimum account size and trade size very reasonable, also offering some of the most competitive spreads.

For example, if a trader pays a market maker a two pip spread on a 1000 unit trade of the EUR/USD that earns a ten pip profit, InvestTechFX experts explain that the two pip spread would cost that trader 20%. Any broker of stocks, bonds or futures that tried to charge a 20% commission would be drawn and quartered. Fx trading experts at InvestTechFX go onto explain that the percentage represented by the spread would decrease as profit increased, but upon objective examination, it seems as though the trader takes the risks and the market maker broker reaps the reward with zero risk. In times of high volatility, the market maker’s spread can even be higher, further eroding positive trades and escalating the damage of losing trades.

An Electronic Clearing Network (Forex ECN) broker like InvestTechFX, on the other hand, offers spreads as low as one half pip on major currency pairs. The spread can be higher on the currencies of politically and economically unstable countries, but new traders shouldn’t be trading these currencies in the first place and experienced traders have already learned to avoid them.

InvestTechFX has opening margin deposits of as little as $100, so new traders can sample foreign currency exchanges with minimal risk and have the opportunity to determine Forex trading’s suitability to their temperament and circumstances. They also offer clients the use of MetaTrader, considered to be the gold standard of trading software. This is the same trading platform preferred by large professional and institutional traders, those whose deal in multimillion unit Forex currency exchange transactions.

InvestTechFX recently reported the potential for a breakout to the upside of the EUR/USD pair, based on the stagnation of price activity around $1.39 and the very real prospect of China coming to the EU’s rescue. Bankers facing a 60% write-down of the Greek debt they were holding, along with the real possibility of being left with entirely worthless paper, happily accepted China’s offer of $.50 on the dollar.

News of the agreement, details of which remain to be finalized, sent the EUR/USD on a 350 pip tear, explains InvestTechFX. The uptrend lasted throughout the New York session until close to the end, when prices retreated slightly, but in no degree sufficient to declare a reversal. Still, experts still admit that they don’t know with total assurance what the market will do.

The Forex trading company InvestTechFX is a proven leader in the industry of artificial intelligence software. They are renowned for their top notch trading technology systems in the computerized trading industry whose experts develop advanced, customizable, intuitive, efficient, and sophisticated trading tools that help people understand Forex currency exchange related trends and developments. Apart from offering new, exciting, and innovative solutions, they are well known for their detailed and comprehensive learning center. Information contained in this report should not be construed as investment advice. All trading decisions and outcomes are the total responsibility of the person or persons making them.

InvestTechFX supplies objective technical and fundamental analysis for free. Anyone deciding to enter currency transactions based on this analysis does so at their sole risk and accepts complete responsibility for the outcome. FX trading is challenging. Stacking the deck in your favor by getting the lowest per-transaction costs and access to professional trading software is a commonsense approach to starting out or staying on the right foot.

Source: www.benzinga.com

 

The Anatomy of a Forex Trader

April 7th, 2011 Comments off

Interbank FX Releases January Performance Metrics

February 10th, 2011 Comments off

Interbank FX Releases January Performance Metrics– Average Execution Time of 7 Milliseconds, Demonstrates Faster, More Accurate FX Trading

Advances commitment to transparency by allowing performance numbers to speak for themselves

Interbank FX LLC, one of the industry’s leading global providers of online forex trading, continues to provide customers with transparency metrics in 2011, further signifying a commitment to providing the best trading experience for customers and partners.

Execution success data is rarely made public in the forex industry, yet IBFX’s performance statistics for January 2011 unveil that execution rates have averaged 99.9%—with an overall rejection rate of 0.1%.

“IBFX is an open book via our performance page,” said Todd Crosland, chairman and president of Interbank FX. “We feel confident that our technology surpasses our competition, which is why we open up the hood of our engine. With IBFX, weekly rejection rates are displayed frequently so traders can objectively analyze the rejection rates and determine their best outcome.”

Interbank FX’s Transparency Metrics—January 2011 (source; ibfx.com/performance)

Number of January Tickets: 7,135,859

Overall Rejection Rate: 0.1%

5-50 Lot Rejection Rate: 0.3%

Average Execution Time: 7.16 milliseconds

*Date range of data comprised from 1/1/11 through 1/31/11.

“Our performance page demonstrates the agility and speed of our Core infrastructure—technology in which we’ve invested millions of dollars in to deliver a streamlined trading experience,” said Crosland. “Our customer’s deserve to know how their trade is executed, which is why we provide information on all major pairs over any period of time—allowing customers to always be aware of a trade’s execution rate, trade speed and the average spread (price) for each currency pair.”

Source: www.ibfx.com/corporate/

Fractals with MetaTrader

September 23rd, 2010 Comments off

Many people have the faith in the market that it has never been static. It always varies and is always random. “A random walk down wall street” is a most high-flying book which tells about the investment also says that points achieved by a fund manager are parallel to throwing the darts on a dart board.

On the other hand, there are many other argue that although prices may come into view to be arbitrary. In fact the patterns followed by them are really in terms of trends. By using fractals many traders can also determine such trends in one of the most basic way. Fractals help us to make the large and complex trends into simple and small and reversal trends by breaking them down.

Many people do not know what actually fractals are and how can they help us in increasing our profit. We will tell you all of these things in this article.

What are Fractals?

A chaos theory and many abstract methods came into mind when many people think the fractals in mathematical sense. While this concept is totally different from it, this concept is totally applied on the market because this concept is a nonlinear and self-motivated system. Many people also have some other different idea about fractals they think it in a more truthful sense and that sense means as chronic patterns. With the help of these chronic patterns we can predict reversal among larger, more disorganized price movements.

metatrader fractal Fractals with MetaTrader

pic.1 Metatrader Fractal Indicator

Five more are there which are poised in these basic fractals. There are some rules by using which we can easily identify the fractals. These rules are as follows:

When there is highest high in the middle and two lower highs on each side there is an occurrence of a bearish turning point.

When there is pattern in which the lowest low in the middle and two higher lows in each side it means there is an occurrence of a bullish turning point.

metatrader fractal 2 Fractals with MetaTrader

It is very much necessary for the fractal to be valid that the basic patterns should remain unbroken even many other less perfect patterns can occur.

If are not into reversal for two days then fractals can not be drawn and it is the biggest drawback of fractals as fractals are covering indicators. Many more bars are last by most significant reversals, so most of the trends will remain unbroken.

Applying fractals to FOREX trading

In the forms of analysis or in conjunction with other indicator many indicators are used but fractals are the best indicator ever used. An alligator indicator is an indicator which is used with fractals is a most common used indicator. All buy rules are only valid if below the “alligator’s teeth” and all sells rules are only valid if the above alligator’s teeth this is stated according to the standard rules.

But there is a major drawback also to the system and that drawback is large swings which takes the more space. On the other hand, to produce a huge amount of profit we can use infinite techniques with the fractals.

Source: http://metatrader.ca/2008/07/14/5/

Alpari US Develops a New Technology to Help Traders with US FIFO Rule

September 10th, 2010 Comments off

7996094ee8473c65c5d45cc0e3ac00db Alpari US Develops a New Technology to Help Traders with US FIFO Rule

New York, NY (Vocus) September 9, 2010

Alpari (US), a leading provider of online foreign exchange (FOREX, FX) trading services, today announced the creation of a proprietary netting plug-in, which addresses trading with the previously imposed NFA rule, “First in First Out (FIFO).” This proprietary technology allows traders to buy, sell and place opposite-side pending orders and net positions as one aggregated position. Alpari (US) developed this technology in-house and is the first company to offer this as a brand-new, unique trading functionality in the U.S. The NFA has reviewed use of this plug-in, which remains compliant with the FIFO trading rule.

The plug-in enables MetaTrader 4 clients to have more control over their trading choices when trading using the FIFO logic. Traders can now trade in a more flexible environment, as an alternate trading style with more convenience. It is optional for retail clients and will work with Expert Advisors whose programming is compatible with the plug-in.

“This innovative technology is a continuation of Alpari’s commitment to providing our clients with some of the most advanced trading technologies in the market. We are proud to offer this plug-in as it has been specifically designed and tailored to accommodate U.S. traders with more control and ultimately less FIFO-related difficulties,” says Daniel Skowronski, CEO Alpari (US).

Alpari (US) offers a comprehensive video tutorial and FAQ’s on the use of this plug-in. It can also be tested in an Alpari (US) Demo account. Please contact cs@alpari-us.com to request a Demo account which includes this netting option. For more information about the company, please visit www.alpari-us.com.

About Alpari (US):
Alpari (US), LLC is one of a group of Alpari companies with operations in New York, London, Shanghai, Dubai, Frankfurt and Moscow. Founded in 1998, the Alpari Group is one of the world’s fastest growing providers of online foreign exchange (“FOREX”, “FX”) trading services, with offices in ten countries, including London, New York, Shanghai, Dubai, Moscow, Mumbai and Frankfurt, serving more than 150 countries. With over 400 employees worldwide, more than 330,000 customer accounts and monthly Forex trading volumes in excess of $147 billion,* the Alpari Group is one of the market leaders in Forex.

Alpari (US) was established in 2006. The company is based on Wall Street, in the financial district of New York City, where it is registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and is a member of the National Futures Association (NFA), Member ID: 0379678.

Please note that trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. For more information about the Forex industry and the regulatory protections offered to those who trade within it, please visit the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) websites at http://www.cftc.gov and http://www.nfa.futures.org.