MetaTrader India

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

MetaQuotes Software Corp., a professional trading platform developer, announced the launch of its mobile trading platform, MetaTrader 5, for Android (News – Alert)-powered devices. The new platform, called as MetaTrader 5 Android, allows traders using Android devices to trade on financial markets even when away from their desktop computers.

According to MetaQuotes, the MetaTrader 5 Trading Platform is designed to provide brokerage services to traders in Forex, CFD, Futures, and stock markets. As a trader’s working tool intended for online trading in the financial markets, it features flexible trading system, technical analysis of quotes and fundamental analysis, financial news, alerts, automated trading and mobile trading.

Encompassing all necessary components for providing brokerage services in the financial markets, the MetaTrader 5 is a full-cycle trading platform. Released on the retail Forex about a year ago, it is already used by more than 50 brokers and banks around the world, according to MetaQuotes.

Offering the convenience of mobile trading that allows traders to manage their accounts from portable devices like a cell phone, smartphone, and Pocket Digital Assistant (PDA), the MetaTrader 5’s Mobile trading feature helps to keep up with Forex or Stocks trading account when trader does not have access to a desktop computer.

The second application for mobile trading within the MetaTrader 5 trading platform, the MetaTrader 5 Android supports all trading functions. This application receives prices of financial instruments, allows traders to trade and enables traders to view the history of trade operations.

Similar to the mobile trading platform for iPhone, the MetaTrader 5 for Android is absolutely free of charge. Interested users can start working with the application by simply downloading the MetaTrader 5 for Android in the Android Market and run it. Then, the user is required to open an account and select broker to enjoy the benefits of the application.

According to MetaQuotes, the MetaTrader 5 for Android requires a smartphone or a tablet PC powered by Android OS 2.1 or higher. In addition, it also requires a cellular network or Wi-Fi connection for connecting to broker’s server.

Officials with MetaQuotes said in the release that the functionality of the the MetaTrader 5 trading platform will be expanded in the next versions. Some of the intended features to be implemented soon include charts and technical analysis tools.

“We are counting on the development of mobile trading,” said, Renat Fatkhullin, CEO of MetaQuotes Software Corp., in a press release. “We expect a significant growth in the share of mobile trading the next 2-3 years. To spur this process, we distribute our mobile platforms free of charge.”

In recent news, MetaQuotes launched its MQL5 Cloud Network service, which allows users to create their own cloud computing available to programmers and researches.

Source: http://financial.tmcnet.com

GO Markets, provider of global online trading services and specialist in Forex (FX), have launched their expansion into Europe.

The company’s new office, based in ‘s-hertogenbosch, the Netherlands, is the first of a planned expansion into the European market. The Netherlands office will allow GO Markets to provide an enhanced level of service to all clients, with the office itself providing a more local contact point to the company’s European client base.

In addition to the usual 24-hour trade support, GO Markets clients will now benefit from an enhanced customer service experience with true, 24-hour customer service and support from GO Markets’ fully qualified forex account managers. European based clients will also benefit from additional funding options direct to European bank ING bank and support will be provided in Dutch and Russian in addition to English and Chinese.

Paul Hill, Managing Director of GO Markets commented, “we are thrilled to have an office open which will maintain a focus on the European market where Forex is well-established and continually growing in popularity. We are confident that GO Markets Netherlands will do extremely well, given that the European market will appreciate the expertise and exceptional customer service that the GO Markets team can provide.”

GO Markets are thrilled with the success of the European office, and look forward to equally positive results in the additional advances they are to implement in the coming months.

For more information on GO Markets, visit their website at www.gomarketsaus.com

Source: www.fxstreet.com

Source: www.ibfx.com

Metatrader 4 is the most successful online trading application in the world and not surprisingly considering it surpasses the competition in terms of all the key elements: accessibility, features and security.

The rise of online trading has resulted in a massive influx of new traders. Forex newcomers need an application that allows them to discover and master the art of trading currencies without costing them a fortune in money and man hours. For this reason accessibility is the main emphasis of Metatrader 4 with an easy to use interface and a range of language options.

Another boon for newcomers is the possibility of figuring out effective trading strategies without bearing the losses that often accompany experimentation. Metatrader’s demo mode allows traders to do exactly that by enabling them to trade currencies against real time Forex data with ‘fake’ money to see how they would have worked out for real.

Further insight can be gained by playing around with Metatrader’s ‘electronic advisor’ feature. These enable traders to set alerts if some specified Forex event occurs, for example if the dollar drops below a certain value. Electronic advisors can also be programmed to make trades automatically so for example if the dollar drops to a certain value your electronic advisors can automatically start buying gold. Let the robots do the work!

Security is another top priority of Metatrader 4. Unfortunately Forex scams are a reality and in order to minimize your exposure to thieves and con-artists you need an application that keeps your precious data secure. Metatrader’s 128 bit security code is just the thing to help you sleep soundly at night.

Metatrader 4 is the by far the most popular online trading platform and this has more significant implications than what’s hot and what’s not. If you wish to communicate effectively with the greatest number of brokers you need to be using the same software and that means Metatrader is the only way to go.

Source: www.tradeviewforex.com