Search

Interbank FX Extends Promotion Into September

Friday, October 23, 2009 | | 0 comments

Interbank FX, LLC, a leading provider of online off-exchange retail foreign currency (Forex/FX) trading services, announced this week plans to extend their August promotion into the month of September based on customer response rates.

Interbank FX’s promotion includes a free $50 FX live account for new customers. Even better, Interbank FX is offering a 10% deposit match on all deposits in September. This applies to all customers and is available to the public.

Extending this promotion comes in response to Interbank FX’s commitment to satisfying the needs of their customers.

“This particular promotion is back by popular demand,” said Todd Crosland, chairman and president of Interbank FX. “We’re listening to our customers, and are conscious of the best ways to serve them.” 

By funding today, customers will continue to experience the many things that set Interbank FX apart from other online brokers, including:

* Full access to real-time Dow Jones FX Select news
* Award-winning customer service
* Competitive spreads and great execution (Spreads are not fixed and may widen in volatile market conditions)
* Multi-bank liquidity and much more!

Foreign Exchange Widgets

| | 0 comments


Foreign exchange, is as you probably know well, a rather lucrative market for those amongst us who are wise to the current state of affairs. Speculation, foresight and taking the occasional risk can lead to what might be considered a veritable fortune being made in a relatively short time. On the other hand, it can also result in disaster if the risk you take fails and you end up without even your initial capital (the cash you initially put in).



In any case, what is clear in foreign exchange (also true for most other business ventures) is that knowledge is power, the power to act quickly, safely and profitably. Thus, it being quite clear that the Internet is an amazingly quick and accurate source of information, one should harness its power to be at all times aware of events around the world.

A quick and simple way to do this is by using widgets. Widgets (often available for both online and offline use) are a handy way of keeping up to date with news and events and also getting up to the minute updates of your inbox or RSS (Really Simple Syndication) feeds from your favorite websites.

There are, of course, various widgets that let you do many different things including playing games, managing your music, listening to the radio, check the calender and set up appointments or keep up to date with foreign exchange information.

Widgets for your desktop are available from many different companies including Yahoo, Apple, Google and Opera. You can also get widgets for your WordPress based site or for various social networking sites (Widgetbox).

This essentially means that you can find widgets that let you stay up to date with current exchange rates, the stock exchange, news and events which means that you would be better able to predict how the foreign exchange market will react and how you should proceed.

Online Forex Trading

| | 0 comments

Do you know what Forex trading is? Some people have heard of this type of trading, others have not. If you haven't, it might be something you are interested in trying. Forex trading stands for foreign exchange trading. What it consists of is the buying and selling of different currencies. This is done simultaneously, and there are people who make a lot of money with this kind of trading. This is apparent by the 1.9 million dollar turnover in this market that happens every day. Also a lot of it is done online. Online Forex trading is very popular.

The most common currencies to trade are the Euro and the U.S. dollar, and the U.S. dollar and the Japanese Yen. However, nearly all of the Forex trading done involves the major currencies of the world. These include the Euro, Japanese Yen, U.S. dollar, Canadian dollar, British Pound, Australian dollar, and the Swiss franc. The Forex exchange is different from other exchanges, such as the New York Stock Exchange, in that it does not have a physical location or central exchange. The exchange day begins in Sydney, then moves to Tokyo, on to London, and finally ends in New York. Each country takes the responsibility of regulating the Forex exchange activities in their own country. So there is no overall regulatory agency. However, this does not seem to be a problem and most countries do very well at overseeing Forex exchange activities.

There are a lot of things that influence the Forex rate. For instance, economic things, like interest rates and inflation, and also political things, such as political unrest in other countries and major changes in government cause up and down changes in the Forex rate. However, these things tend to be short-term, and don't affect it for long.

Online Forex trading sites are easy to find by surfing the Internet. Most of them provide a wealth of information for the first time trader. You can find out about the history of Forex trading, how to co it, tips on being successful, etc. You can also start trading with as little as $250 in your account on some sites. For anyone who is interested in currency or trading, it is something you should check out.

As with any type of trading, there are no guarantees that you will make money or that you won't make money. It is a smart choice to learn as much as you can about online Forex trading before investing any money and doing any trading. It is a fact that informed investors do better than those who don't know much about what they are trading. So get the fact before you dive in. You might just make a little money in a very interesting currency exchange.

Is This a Forex Robot Or Just a Manual System?

| | 0 comments

Forex rebellion appeared on the market st Tuesday October 6th, 2009. It is basically a manual system, which trades in major currency pairs that are EUR/USD, USD/EUR, USD/YEN, USD/CAD and many more. This product comes up with 60 days money back guarantee with the price of about $97. It is actually a ClickBank product.

This manual Forex trading system has distinctive indicators and money management system. It is established by Surefire Trading Challenge. A great number of beta testers have tested it and obtained almost 80% success rate, which is quite good. I have already mentioned that a set of unique indicators are used in this system, which help you to search out possible trades. This system is in fact very simple and it has the ability to serve for all the traders including both the beginners and experienced. You can work on different time frames and currencies by using Forex Rebellion.

The important point is that Forex Rebellion doesn't trade automatically because it's not a trading robot. It doesn't have the decision making capability. Here, all decisions are made by you. What actually the system does is to make trading process easier for Forex traders. You need some proper knowledge in order to use this system. For this a lot of manuals and video tutorials are available for your training.

Moreover, it is also very important to note that Rebellion is not a software program. You don't need to install anything. In fact, you just have to adjust the indicators and go after the rules.

Many Forex Rebellion reviewed articles are available on the web, which explain how can work for every person. You should try to search out the market yourself before investing in this product.

The long and short of this article is that this new manual system has many good points. It is not automated software, which can trade on your behalf. Here, you have to control your trades. It has the feature of alert through which it will notify the chance of possible trade, which assist you in decision making. It's a very simple, user-friendly trading system and you can get training about using this through different videos and manuals.
Guaranteed 98.82% Accuracy, Best Forex Robot
Advanced Forex Robots Indisputably Proves A Robot Can Trade With 98.82% Accuracy In EVERY SINGLE Market Condition And At Least Quadruple Every Single Dollar You Deposit. 38 years of combined Forex trading experience delivers the Best Forex Robots.

Forex Trading Software | Online Forex Exchange Rates

| | 0 comments


How can one make good and fast money? Online Forex Exchange Tradingis one way many people think answers the question asked. And to do so we bring you some Forex Trading Softwares that will help you learn Forex Exchange Trading and make good money.



When we talk about online Forex Trading, we have several types ofForex Trading software. To cut it short, we may use the automatedForex Trading Software or the manual trading software.

And just to give you a brief idea about both Forex Trading Softwares, well, the automated trading software timely updates online and showcases the latest exchange rates that prevail in the market. It then automatically executes a move which sets an exchange.

The other system, manual exchange trading system, just gives you online updates of exchange rate. You then, according to your own stats, call the broker and make a move.

However, some of the best Online Forex Trading Systems include:
FAP TURBO
Forex MegaDroid
L.M.T Forex Formula

You can download these Forex trading softwares right here by just clicking them. All of these exchange trading systems have well designedForex formula that ensure you never face a loss.

Interested in FOREX Trading?

| | 0 comments

The Foreign Exchange Market (Forex) has no central exchange location yet it is the largest financial market in the world. It is over 3x's the size of the stock and futures markets combined and operates via an electronic network of a banks, corporations and investors.

Foreign exchange consists of a simultaneous buying of one currency and selling of another. Currency is traded in pairs, in other words, one currency is traded for another. The major currencies are:

USD — United States Dollar
EUR — Euro members Euro
JPY — Japan Yen
GBP — Great Britian pound
CHF — Switzerland franc
CAD — Canadian dollar
AUD — Australia dollar

There are 2 types of investors involved in the Forex market.The first type of investor is the hedger. The hedger is involved in International trades and utilizes Forex trading to protect their interest in a transaction from adverse currency fluctuations. The 2nd type of investor is the speculator who invests in currency solely for profit.

Currency prices fluctuate due to a variety of economic and political factors. The major factors are:

Interest rates
International trade
Inflation
Political stability

There are many reasons investors take a great interest in FX trading Some of the major reasons are:

No fees
No middlemen
No fixed trade sizes
Low transaction cost
High liquidity
Instant transactions
Low margin / High leverage
24 hour market
Online access via online trading platforms
Always good opportunities to trade, unlike the stock market the market is never bullish or bearish.
No one entity can control the market
No insider trading can occur

To begin trading in the Forex market, an investor only needs a computer, a high-speed internet connection and an online trading currency account. A mini account can be opened for as little as $100.

These are some of the reasons why Forex trading has become quite popular in recent years. For more information on getting started in FX Trading visit http://www.fx-trading-guide.com/

Foreign Exchange Rates

| | 0 comments

Foreign exchange rates are the ratio between two different currencies and are used to calculate the relative value between them. Everyone has come into contact with foreign exchange rates at some point in their lives. If it was changing money for a family vacation, buying something online from abroad or actually trading forex for profit. Big banks, governments and corporations use foreign exchange rates the most to do business. Governments keep currency reserves to preserve the value of their own currency trough central banks and corporations and banks either trade for profit or to hedge against currency risks. Foreign exchange rates are determined on what is known as the Interbank market, which is not an actual physical market, but rather a make-shift fictive market that comes into play every time someone wants to change one currency for another. Foreign exchange rates tell us how much of one currency we will need to buy one unit of another currency. So, if the exchange rate between USD/EUR (Dollar and Euro) is 1.3 then that means you will need 1.3 Dollars in order to buy 1 Euro. The foreign exchange market is subject to the same laws of demand and supply as all other markets.

Foreign exchange rates are delivered by large data centers and then sent out to banks, traders and brokers. As a forex trader you will usually receive your price data from either the platforms data feed or from the broker themselves. A forex broker is the link between the Interbank market and the individual traders. Before the internet really took of, there was no real way for private individuals to trade forex. You would have to have a currency account with a bank and have them trade for you. Today there are more than 100 brokers online who can connect you to the internet and you can trade from the comfort of your own home.

Foreign exchange rates are also the actual price of a currency as no currency can have a price by itself, it must always be measured against something else. You make money in forex trading by selling one currency to buy another and hoping that the one you bought appreciates in value. That way you will be able to buy back more of the first currency and make a profit. The thing that makes forex trading so unique is the ability to leverage your investments. Leverage means gearing your trades with money that you ‘borrow’ in the market. The interest paid is called Margin and must be met. With a normal forex account you can leverage your trades by more than 100 times the money you actually have in your account. This means that if you deposit $3000, then you can actually trade for $300,000. It’s not difficult to see how this can be explosive. You can make a lot of money from leveraging your trades in forex, but you must also be careful not to exceed your margin limits. It’s always good to start out with a smaller amount first and then work your way up.

Forex Historical Data and Currency Trading Charts

| | 0 comments


I have compiled some free forex historical data for you to see how currencies have move in the past. Some of these charts go all the way back to 1978. As you can see below historical forex prices have been highly volatile.

EUR/USD (Fiber) Currency Historical Chart




The Euro was first traded in 1998. Against the Dollar the euro depreciated considerably for the first couple of years then began a long upward trend and this trend is still continuing today. The all time high currently stands at 1.5904. This high could be broken in the future. The all time low back in 2000 was 0.8227.




GBP/USD Currency Trading Chart




The historical exchange rates for GBP/USD (also known as Cable) have often moved with the euro since it’s inception. We have to go back a long long way to find the all time high, in fact all the way to 1980. The high was 2.4540. The pair has not been anywhere near there since. The all time low was in 1985 where it briefly hit 1.0463.




USD/JPY Historical Chart






This forex historical chart shows how the yen has appreciated against the US Dollar considerably in the 1980’s and early 1990’s and has stayed relatively range bound since, never getting anywhere near the all time high of 278.30 back in 1981. The all time low was in 1995 at 79.74.
USD/CHF Historical Chart




The highest historical rate for this pair is 2.9145 which was hit in 1985. The all time low is 1.11 which was hit in 1995. Historically the Swiss Franc has been a safe haven, especially in times of crisis. This pair is also known as Swissy.

GBP/JPY Historical Chart





I included this pair as it seems to be a popular carry trade amongst retail traders. The highest historical forex rate for this pair is 572.06, back in 1980. The lowest historical rate is 129.32, back in 1995.
Historical Gold Chart




I included this historical gold chart as gold is highly related to currencies.

I hope you find this historical forex data useful.

Forex: Greenback falls below 91.00 against the Yen

| | 0 comments

FXstreet.com (Córdoba) – The rise in U.S. markets boosted the Yen against the Dollar in the last hours. USD/JPY fell below 91.00 to 90.80, only two pips above intra-day low at 90.78. In case the pair breaks below the next support lies at 90.60. Current price at 90.92/94 is 0.05% above today’s opening price. On the upside resistance is located at 91.55 (intra-day high) and above at 91.90 and 92.10. 

The FastBrokers Research Team afirms: “Despite the USD/JPY’s negative tendency, the currency pair seems to be running out of room to the downside since it has historical trading ranges nearby dating back to December 2008 and January 2009 lows. Meanwhile, investors continue to act off of the belief that the DPJ will enact economic policies supportive of a stronger Yen. However, it remains to be seen whether the BoJ will alter its monetary policy approach in any dramatic way.”

Advantages of the Forex Market

| | 0 comments

What are the advantages of the Forex Market over other types of investments?

When thinking about various investments, there is one investment vehicle that comes to mind. The Forex or Foreign Currency Market has many advantages over other types of investments. The Forex market is open 24 hrs a day, unlike the regular stock markets. Most investments require a substantial amount of capital before you can take advantage of an investment opportunity. To trade Forex, you only need a small amount of capital. Anyone can enter the market with as little as $300 USD to trade a "mini account", which allows you to trade lots of 10,000 units. One lot of 10,000 units of currency is equal to 1 contract. Each "pip" or move up or down in the currency pair is worth a $1 gain or loss, depending on which side of the market you are on. A standard account gives you control over 100,000 units of currency and a pip is worth $10.

The Forex market is also very liquid. When trading Forex you have full control of your capital.

Many other types of investments require holding your money up for long periods of time. This is a disadvantage because if you need to use the capital it can be difficult to access to it without taking a huge loss. Also, with a small amount of money, you can control

Forex traders can be profitable in bullish or bearish market conditions. Stock market traders need stock prices to rise in order to take a profit. Forex traders can make a profit during up trends and downtrends. Forex Trading can be risky, but with having the ability to have a good system to follow, good money management skills, and possessing self discipline, Forex trading can be a relatively low risk investment.

The Forex market can be traded anytime, anywhere. As long as you have access to a computer, you have the ability to trade the Forex market. An important thing to remember is before jumping into trading currencies, is it wise to practice with "paper money", or "fake money." Most brokers have demo accounts where you can download their trading station and practice real time with fake money. While this is no guarantee of your performance with real money, practicing can give you a huge advantage to become better prepared when you trade with your real, hard earned money. There are also many Forex courses on the internet, just be careful when choosing which ones to purchase.

Forex Avenue: The Road to Riches

| | 0 comments

In my continuing quest to provide visitors of my site with a large amount of options to chose from when considering working from home I have done some research on Forex trading. I first learned of Forex trading while pursuing my MBA program. For those of you who have never heard of this, Forex trading is the exchange of foreign currency.

I know I would have never even know this was an option for making money had I not found out in class. Most of the really big corporations have departments of people that do this for a living because it can be very lucrative if done correctly. The best news I have learned about this process of exchanging currencies is that many of the websites that you can sign up with to do this offer free trial accounts to help you learn before you invest your money into trying it. You won't make any money in the trial accounts if you do well, it is just pretend money essentially but with the real market conditions. If you do well in the trial account you will know if this is something you want to try on your own.

Benefits to Forex trading are that is can be done 24/7 whereas the stock market is a business hours only exchange. It is 24/7 because it is done with countries around the world so clearly there are countries that are awake and working while we sleep. Another benefit is you are in control of the trading on your account. You do not need to hire a licensed broker to make your trades and charge you fees. Along those same lines, anyone who does any investing most likely knows that some funds require you to own then for a certain period of time or pay early withdrawal fees. You do not need to concern yourself with this either. One last benefit that I would like to point out is the fact that Forex is not really subject to the same kinds of swings in the market that stocks are subject to. Of course if you always buy and sell the same currencies then there will be market swings. But, because there are hundreds of currencies out there, there is always going to be something for you to make money on because while one currency is up in value another one is down and vice versa.

There are many resources available to someone interested in becoming involved in this type of training. The Federal Reserve Bank's website is just one example of the information available — http://www.ny.frb.org/markets/foreignex.html. Here is another article that you will find helpful in starting out in this field. http://www.forex.com/pdf/pro2.pdf . I have also included one of the sites that does offer a free lesson.

While there are many benefits to this type of training, as I mentioned above, there are certainly risks involved as well. There are risks with exchange rates, central banks in foreign countries, and risks involving interest rates and credit. Forex is quickly becoming a popular way to help diversify your investment portfolio. If you are good with understanding investing concepts and enjoy doing it this may be the home business opportunity for you. Just do your research and try to find one of the sites offering the free trial account to practice with and you are well on your way down the Road to Riches.

Forex Market Information Easily Accessible

| | 0 comments

Information about stocks is abundant, but so are the stocks. Finding a trade opportunity in the equities markets may mean sifting through data on thousands of stocks, while the forex trader has only six major currencies to research. Additionally, the vital information that moves equity markets, such as revenues and profits, is proprietary and private. In contrast, virtually all of the news that bears on the forex market is in publicly disseminated reports from governments or research institutions, and released to everybody at the same time. We feel that the knowledge you've gained in analyzing stocks can easily be transferred to the forex market. Many of the economic indicators familiar to equity traders, such as payroll data and interest rates, affect the currency markets. And many technical traders have found the forex market to be particularly attractive, since currencies respond well to many of the common technical indicators, such as MACD, RSI, and Candlestick charting. To learn more about transitioning from trading equity markets to trading in the Forex market, contact the FXCM staff today at 888-503-6739.

FX Drifts, Focus on Central Banks

| | 0 comments

With little economic data released at the start of the week, the focus in the currency market has shifted to Central Bank rhetoric, with the key highlights attributed to commentary from Fed Chairman Ben Bernanke and ECB President Jean-Claude Trichet. Speaking from the Fed’s annual symposium in Jackson Hole, Wyoming, Bernanke offered an optimistic assessment over the economic outlook saying, “economic activity appears to be leveling out, both in the US and abroad, and the prospects for a return to growth in the near-term appear good”. His upbeat outlook spurred on gains in the equity and commodities markets, while pushing the dollar slightly lower against the majors.

Meanwhile, ECB President Trichet sounded a cautious tone over the economic outlook for the Eurozone, suggesting that interest rates will likely remain low for a protracted length of time. He said, “We see signs confirming that the real economy is starting to get out of the period of freefall”, yet it “does not mean at all that we do not have a very bump road ahead of us”. 

Nonetheless, the major currency pairs continue to drift in a lackluster manner as the summer doldrums have confined foreign exchange to rangebound trading. We remain biased for further dollar weakness in the coming weeks as economic data from the US continue to gradually improve and support the equity markets.

EURUSD hits one week high after Europe GDP data

| | 0 comments

The euro hit a one-week high against the dollar on Thursday after the euro zone's two biggest economies posted surprise returns to growth in the second quarter, helping drag the dollar lower.
The dollar index hit its lowest in a week, also stung by growing demand for riskier assets including commodities and higher-yielding currencies after the Federal Reserve on Wednesday gave its clearest statement to date that it saw the U.S. recession nearing an end.
Reports on Thursday showed both the German and French economies expanded 0.3 percent on the quarter in April-June, wrong-footing expectations for contractions. Other data showed the entire euro bloc posted a modest 0.1 percent contraction.
The euro climbed after the data, but analysts pointed out that markets were brushing off some of the less rosier GDP readings. Despite only a slight quarterly contraction, the euro zone economy shrank 4.6 percent from a year ago.
"The data wasn't as bad as expected ... but minus 4.6 percent still isn't a good number," said Maurice Pomery, managing director of Strategic Alpha in London.
He added that the euro's climb after the euro zone figures had been minimal, which he said suggested that traders were wary of pushing the single currency much higher.
At 1110 GMT, the euro was up 0.5 percent on the day at $1.4270 EUR=, having hit $1.4281 on electronic trading platform EBS, its highest since last Friday. Against the yen, the euro gained 0.6 percent to 137.29 yen EURJPY=R.
Further steep gains in the euro, however, are unlikely for now, said Adam Cole, global head of FX strategy at RBC Capital Markets in London.
"What we really need to see for the euro to run any further is some evidence from leading indicators that growth is actually turning positive at the moment. So there is a limit to how far it can run," he said.
The dollar edged up 0.3 percent versus the yen to 96.32 JPY= but its index .DXY fell 0.4 percent to 78.490, its lowest since last Friday.
Higher-yielding currencies such as the Australian and New Zealand dollars gained around 1 percent each, extending gains made the previous day after rebounding from steep losses.
A 1.4 percent climb in European shares .FTEU3 helped fuel demand for these currencies, while a pop in U.S. crude oil CLc1 near $72 a barrel and a 10-1/2-month high in copper prices MCU3=LX also spurred demand for risky assets.
MONETARY POLICY IN FOCUS
Sterling GBP=D4 rose 0.8 percent to $1.6630, recovering from a two-week low hit on Wednesday, when the UK jobless rate hit 3-year high and the Bank of England's Inflation Report suggested that markets were expecting rates to rise too early.
The Norwegian crown added to gains a day after the country's central bank held rates at a record low but opened the door to a sooner-than-expected rise. The euro EURNOK=R hit a three-month low of 8.5712 crowns, extending a 2 percent slide on Wednesday.
The Fed held its benchmark rate near zero on Wednesday and said it would likely stay there for an extended period to guide the way to recovery. It also said the economy was showing signs of levelling out, which boosted risk sentiment [ID:nN1272730].
Still, there remained a degree of caution on the Fed's move to extend the time frame of asset purchases as it indicated the economy was still vulnerable, analysts said.
"The problem with Fed statement is that the market can read into it what it wants, leaving both sides content ... hence, for now it is still unclear which way the USD will jump," said Stuart Bennett

Forex Market Background

| | 0 comments

The global marketplace has changed dramatically over the past several years. New investment strategies are becoming more important in order to minimize risk, as well as to maintain high portfolio returns. Among the most rewarding of the markets opening up to traders is the Foreign Exchange market. Identifiable trading patterns, as well as comparatively low margin requirements, have rewarding trading opportunities for many.
In contrast to the world’s stock markets, foreign exchange is traded without the constraints of a central physical exchange. Transactions are instead conducted via telephone or online. With this transaction structure as its foundation, the Foreign Exchange Market has become by far the largest marketplace in the world. Average volume in foreign exchange exceeds $1.5 trillion per day versus only $25 billion per day traded on the New York Stock Exchange. This high volume is advantageous from a trading standpoint because transactions can be executed quickly and with low transaction costs (i.e., a small bid/ask spread).
As a result, foreign exchange trading has long been recognized as a superior investment opportunity by major banks, multinational corporations and other institutions. Today, this market is more widely available to the individual trader than ever before.
Spot foreign exchange is always traded as one currency in relation to another. So a trader who believes that the dollar will rise in relation to the Euro, would sell EURUSD. That is, sell Euros and buy US dollars

EUR USD Historical Daily Data From 1975-2009

| | 0 comments

You can download for free Historical Daily Open, High, Low, Close data for EUR USD pair, the most traded currency in the market. Note - before the birth of Euro, the data is for deutsche mark, whose value Euro adopted.

Data present in excel file alongwith a historical chart of EUR USD. The file can be downloaded from here

High Risk Investment

| | 0 comments

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts

FXCM: Forex Trading Contest Offers $40,000 in Cash

| | 0 comments

FXCM Micro’s monthly forex trading contest starts tomorrow, September 1st, 2009. $25,000 in cash is awarded to the trader with the highest monthly trading return; $10,000 is awarded for second, and $5,000 for third place. FXCM Micro wants you to be the king!

Click here to watch a live chat question and answer session with a recent two time King of the Micro winner, on how he trades. http://forexforums.dailyfx.com/trading-pit-walker/98551-interview-king-live-11-00-et-08-31-a.html (Recorded Monday August 31, 2009 at 11:00 am EST)

The popular currency trading contest has been running for over four years and is free to participate in. King of the Micro is available to clients all around the world. Recent winners have come from the United States, China, Malaysia, and Canada.

All participants of the King of the Micro contest will receive the FXCM Power Course free to improve their chances to be King.

There is no registration needed, and the requirements are simple: all FXCM Micro clients with $500 in their Micro account at the beginning of the month are automatically entered. And traders must make at least ten trades during the month.

For more information on the King of the Micro contest, to read the full contest rules, and to deposit money into your FXCM Micro account, click here.

FXCM Micro is the discount brokerage division of FXCM. Traders may open an account and start trading with as little as $25 to enjoy FXCM Micro’s super-low spreads, automated execution, and 1k lot sizes. FXCM Micro is offered for individual, self-traded accounts.

Trade Around the Clock

| | 0 comments

The forex market is a near-seamless 24-hour market. Subject to available liquidity, FXCM offers trading from Sunday, starting after 5:15 PM EST, until Friday, 4PM, EST (FXCM Client Service is available 24/7). With the ability to trade around the clock, currency traders have the advantage of customizing their own trading schedule; they can usually get in or out of the market at any time without waiting for an opening bell or encountering a market gap. While trading stocks after usual market hours is possible, very often that possibility is negated by a lack of order flow or a drastic widening of the bid-ask spread.

How Stocks and the Stock Market Work

| | 0 comments

The stock market appears in the news get highlights everyday since it is one of the most lucrative high risk high profit business as it reaches a new high or a new low, and you also hear about it daily in statements like "The Dow Jones Industrial Average rose 2 percent today, with advances leading declines by certain margin of..."
Do you have these questions on your mind?
What is a stock? 
What is a stock market? 
Why do we need a stock market? 
Where does the stock come from to begin with, and why do people want to buy and sell it?
Then this article will open your eyes to a whole new world!

consider you bought a building buy all the kitchen equipment, tables and chairs that you need, buy your supplies and hire your cooks, servers, etc.Then you made advertisement and started a restaurant business.
You spent $500,000 buying the building and the equipment.
In the first year, you spent $250,000 on supplies, food and the payroll for your employees.
At the end of your first year, you add up all of the money you have received from customers and find that your total income is $300,000.

Since you have made $300,000 and paid out the $250,000 for expenses, your net profit is:
$300,000 (income) - $250,000 (expense) = $50,000 (profit)

At the end of the second year, you bring in $325,000 and your expenses remain the same, for a net profit of $75,000. At this point, you decide that you want to sell the business. What is it worth?

One way to look at it is to say that the business is "worth" $500,000. If you close the restaurant, you can sell the building, the equipment and everything else and get $500,000. This is a simplification, of course -- the building probably went up in value, and the equipment went down because it is now used. Let's just say that things balance out to $500,000. This is the asset value, or book value, of the business -- the value of all of the business's assets if you sold them outright today.