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6 Reasons Why Investing with Forex is a Good Idea

There are many ways, techniques, and methods of investment that you can do to take advantage of your money. One of those is the forex, the currency market where you can have great economic benefits.

And placing an investment that you would get much profit without many complications, is even better than the stock market. Here you can discover some of the best things in the Forex world with the help of our team:

Liquidity

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Liquidity is something necessary in all countries so that it can prosper, and the use of forex will undoubtedly increase the national and international monetary flow. Here a lot of liquidity is handled because there are a constant supply and demand.

Schedule

set calendar for schedule - 6 Reasons Why Investing with Forex is a Good Idea

Another of the positive things about Forex is that this isn’t like the stock exchanges anywhere in the world or like any office. If you can make the investment or transaction you need at any time of the day and at any time, will be active throughout the week.

Accounts Administration

accounting calculator - 6 Reasons Why Investing with Forex is a Good Idea

This particular role is about managing or keeping a particular account through where you receive compensation depending on the transaction or operation you perform. That’s when you handle someone’s account or yours particularly, as you’re the one who will create a flexible compensation system.

It Doesn’t Need a Big Capital

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In the Forex, it isn’t necessary to make the investment with a big capital to “accept” you. It’s the opposite of the world of the stock market, there is no specific limit. You can even invest up to $ 5 or $ 10 dollars.

Leverage

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Leverage is a very important tactic in the forex world. With this, you can even increase any purchase or sale you want to make, more than 300%, generating more profits than even your own capital.

Technological Advance

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The technological advance that can be seen in the world today hasn’t only influenced smartphones, computers or video games.

In Forex also has a technological development of excellent software, even the blockers don’t have so many years and experience, you can provide a good platform for business. And there are also software providers that perform trading extensions, which is useful.

To make an investment and be successful, you just have to know the area well to be prepared on any occasion. Besides knowing how to choose well the area where you want to make the investment, in case you have convinced Forex, without a doubt, it will be the ideal place for you.

True ECN – What Is It and How Will Affect Forex Forever

ENC stands for Electronic Network Communication, it’s used as a term to a computer system that facilitates the trading of financial products outside the stock exchanges, like stocks, currencies, etcetera.

office business paperwork document - True ECN - What Is It and How Will Affect Forex Forever

Through this broker, you can see the prices of currencies without any operation table in between, and also it’s a platform where you can connect several smaller markets to increase your liquidity.

FIX Protocol, which means the financial information exchange protocol, is the name of the technological configuration through the whole procedure is carried out and you can obtain more liquidity and also find new clients.

three women and two men watching on laptop computer on table - True ECN - What Is It and How Will Affect Forex Forever

It also brings many advantages and benefits such as the easy access to the operations networks at any time of the day, and monitors any pending transactions. Another positive side is that it’s also configured to work directly with various investment institutions and any other type of trader.

Another good perspective is that any activity you do is totally anonymous, and you can exchange at any time and in any way currency, even it’s a very fast operation that will be executed immediately and under the stipulated fair prices.

But one of its greatest advantages is that it offers very good opportunities for customers, access to all market prices, they can monitor any transaction and supply and demand margins, and much more.

ICMarkets Review

 IC Markets is a forex ECN broker located in Australia. This firm is regulated by ASIC and gives customers the chance to choose between two forex trading platforms: cTrader and MetaTrader 4/5. IC Markets offers 500:1 leverage and has a commendable customer service.  True to ECN, this forex broker is seen to have low commissions and spreads based on our review.

 IC Markets’ Spreads and Fees

For this company, MetaTrader 4 & 5 is the most popular platform for forex traders. It offers two major trading accounts:

1) Standard Account

For this account, IC Markets offers no commissions. However, there are large spreads. The standard account is tailored towards the needs of beginner forex traders. It makes it easier for these traders to calculate the costs incurred in foreign exchange brokerage.

The standard account provides spreads such as:

  • GBP USD = 1.4 pips
  • EUR USD = 1.1 pips
  • AUD USD = 1.2 pips
  • EUR AUD = 1.5 pips

2) True ECN Account

ECN refer to an Electronic Communication Network. IC Markets offers his product to expert traders, allowing them to engage liquidity provider directly. The True ECN account employs the Financial Information Exchange Protocol to match and complete currency orders with more than 50 liquidity providers. Market conditions dictate the spreads, while IC Markets obtains brokerage fees through the commissions charged. The True ECN account charges $3.50 in commissions per lot. The average spreads are:

  • GBP USD = 0.4 pips
  • EUR USD = 0.1 pips
  • EUR AUD = 0.5 pips
  • AUD USD = 0.2 pips

3) cTrader ECN Trading Account

The cTrader ECN account and the True ECN account are almost identical. However, the former provides the cTrader platform for forex trade. Equinix servers are London is used for server location as it is suitable for cTrader currency trading. For the ECN account, the spreading trades vary from a single micro lot to 250 lots with more than 50 separate liquidity providers.

The cTrader has several advantages:

  • $3.0 commissions per lot
  • Automated trading enabled by the C# Programming Language
  • Enhanced charting

This account has the same average spread as the standard True ECN Account.

 

IC Markets Reviews - ICMarkets Review

IC Markets Review of Spreads and Commissions: Summary

In regards to Australia’s lowest spreads and commissions, fore traders are likely to compare IC Markets to Pepperstone and AxiTrader. This is because, the ECN trading accounts provide by these brokers have near identical infrastructure, spreads and fees. Expert traders who seek a low-cost trader would be satisfied with any of the three forex brokers.  Accounts like  easyMarkets have no commissions and offer larger wider spreads. They also provide additional risk management features that make them suitable for beginner traders

How IC Markets Technology Offers Traders the Edge

Execution Speeds at an Average 40ms

IC Markets utilises the best technology, giving the clients the maximum possible execution speeds. For example, there is a dedicated fibre optic cable that connects the traders to Australia’s liquidity providers. The company also uses the fastest serves situated close to the major trading centres. This helps lower latency.  The fast servers are the product of Equinix and have recorded exchange latency as low as 1 milli-second.

The locations for the two Equinix server are:

  • New York (NY4) – for holders of the MetaTrader forex trading account.
  • London (NY5)- for holders of the Trader forex trading account

Enhanced Trading Tools

IC Markets, in collaboration with technology providers, provides improved trading tools such as:

  • Ladder trading
  • Depth of Market
  • Automated close of trades
  • Inbuilt spread monitoring

The following sections explore some of IC Markets’ advanced trading tools that enhance its forex trading platforms.

 

IC Markets TRading platform - ICMarkets Review

IC Markets Review of Technology: Summary

Skilled traders are aware of the loss caused by slow forex brokers. They, therefore, acknowledge that these companies require the best possible infrastructure.  IC Markets have collaborated with premium technology providers with the aim of maximizing execution speeds and providing improved features for navigating currency markets. For this reason, the fx broker received an award for best forex broker.

What is The Maximum Leverage Available?

On matters leverage, the best forex broker to deal with is IC Markets. Various forex broker comparison tables have shown that the 500:1 leverage is only provided by a handful of the best forex brokers in Australia.

However, the 500:1 leverage is only suitable for experienced traders.  This is because; it can yield considerable gains with the correct prediction of currency pairing or lead to immense losses. Additionally, brokers such as IC Markets have no trading desks; hence, they do not provide guaranteed stops. There are chances that the losses may be higher than the amount deposited in cases of extreme volatility. Therefore, beginners should avoid this high leverage. For guaranteed stops check our review on IC Markets vs. easyMarkets.

The 500:1 leverage means that for every dollar deposited an individual can trade up to $500 in the market. For a $250 deposit, one can trade up to $125k. This high leverage level indicates that any relatively small market shift can cause considerable losses or gains. Take for example the previous example of $250 deposit. If the currency pairing changes by 0.1%, the trader can get a $125 gain or loss, accounting for 50% of the deposit. Whereas leverage is important for any forex trader in Australia, traders should select forex brokers that match their experience.

IC Markets Review of Promotional Offers

Currently, traders do not receive promotional bonus from IC Markets. However, we have seen promos issued by Forex companies and will update data accordingly in our review of IC Markets.  We will also add information in the comparison tables when the company begins to offer incentives.

IC Markets was established in 2007 by Australia expert traders who sought to create an excellent trading experience for retailers. They wanted to create a professional platform with state-of-the-art systems similar to those used in banks and other financial institutions. Our review of IC Markets review highlights what makes the International Capital Markets Pty a very popular locally regulated company.

Final Recommendation

On completion of our review of IC Markets on 17/07/2018, International Capital Markets Pty emerged as the best forex broker in Australia based on their trading speed and high leverage. The company also has low spreads and fees, and is governed by Australia’s regulations. International Capital Markets Pty makes all crucial information easily accessible on their website. Moreover, we did not experience any unpleasant surprises during our analysis of the company. The firm offers all the services that traders would expect from modern forex traders. Their offices are located in Sydney. Recently, the company initiated Forex education and training programs to promote trader development. This forex broker also boasts of expert trading tools, no dealing desk, and a fantastic demo account.

 

 

4 Forex Brokers to Improve your Financial Statements

To operate in Forex it is necessary to have the best broker to have the greatest possible success in the forex market at an international level.

The global Forex market is a complicated and competitive market with millions of transactions per day and changes that occur every minute, so it is recommended that anyone use the best broker which will serve as an intermediary to carry out transactions in the large market of Forex

You cannot leave anyone to manage your money and your transactions in Forex, the market that can get to change your economic status quickly if you know how to use and therefore in this article we recommend the best 4 Forex brokers to improve your Financial Statements

Saxo Bank

Screenshot 2018 12 15 The Trading Investment Specialist - 4 Forex Brokers to Improve your Financial Statements

It is the currently rated number one in the world among forty-three that were evaluated, this broker has the best prices, with a lot of security in carrying out transactions, has several regulatory licenses and has millions of people that they use it daily and they give fidelity of their good work.

Besides, being since 1992 in the market what makes it have a lot of experience in the subject. It has a minimum deposit of $ 2,000.

IG

Screenshot 2018 12 15 Home English - 4 Forex Brokers to Improve your Financial Statements

One of the most reliable brokers of all, with 5-star reviews by most people who use it throughout the year 2018, is Certainly IG.

This broker has understandable and usable tools when making transactions, plus of general regulatory licenses and very competitive prices and exchange rates in the broker market around the world. It was founded in 1974 and the minimum deposit amount is £ 250.00.

eToro

Screenshot 2018 12 15 eToro The World’s Leading Social Trading and Investing Platform - 4 Forex Brokers to Improve your Financial Statements

It is a broker created for traders looking for ideas to create new strategies and for people who also see a social part in the world of Forex, since in this trader you will have a system of referrals through links or codes, which will serve which will serve to give benefits to the referral and the person who referred it.

It has more than 1000 tools online to make transactions easier and with good strategies, including mobile applications that encourage anyone to have an eToro account. It has included among the currencies that manage Bitcoin, the most recognized cryptocurrency worldwide. It was created in 2007 and the minimum deposit amount is $ 200.

Swissquote

swissquote - 4 Forex Brokers to Improve your Financial Statements

It is a very reliable broker, which offers varied services, more than 2000, among them and exchange of all the current cryptocurrencies at the best price and with the best interest rates, offers advanced systems for exchanges, and is the first bank in creating a cryptocurrency exchange network throughout the world.

It serves as a broker in countries such as the United Kingdom, United Arab Emirates and Malta. It was founded in 1996 and gained fame in 2000, its minimum deposit is € 500.00.

There are many known and good brokers all over the world but these are the best and most recommended, either because of their low rates, their security, their experience, their tools or other factors that affect purchases and sales of currencies or cryptocurrencies in the Forex market.

4 Tips from the Analysts to Become a Successful Forex Trader

Investing is something that many don’t risk for fear of losing, instead of thinking about risking to earn much more than you had, even though in the world of finance, or investments specifically, you will never know if you will succeed or not.

You can even be advised by someone with a lot of knowledge; you can have all the desire in the world. But if you don’t have the patience and talent necessary to venture into this world, don’t waste your time. Here we bring you some tips from the analysts to become a successful forex trader:

Patience

man in black holding phone - 4 Tips from the Analysts to Become a Successful Forex Trader

Patience is a virtue that many people don’t have, and if you want to try to invest in Forex, this is something you should work on.

Not all the results arrive at the moment, so you must calm down and have the patience to start seeing the good results of your investment, and have a lot of faith and positivism in your project, and trust more in you.

Be Realistic

photo of person holding black pen - 4 Tips from the Analysts to Become a Successful Forex Trader

The world of investments must be very clever, but at the same time, you must have thoughts or goals especially that are realistic.

Don’t exaggerate and think that you can achieve millions of dollars per minute, you must be clear that everything will depend on the investment you make and you must focus on it so that you will grow and perfect yourself at this time little by little.

Strategy

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The world of investments is also full of strategies to apply in a particular business that you want to start. By putting it into practice, you will know if it’s something that may work for you and you can get some benefit from it since the important thing is to generate profits.

Knowledge

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It’s very important that you have some knowledge about forex. It’s a market that you may see very easy, and possibly more, but for people who are already experts in the area and who do not have any problem or complication to do something.

That’s why you must know basic concepts and have a preparation so be basic too so that you can know what you want and focus on meeting your goals.

Although you choose to invest in the world of forex and not in the stock market, it will not always be as easy as many imagine. You must prepare yourself to try to overcome any obstacle or risk. But if you follow these tips starting, you will be on the right track.

Christmas Week Management – Do It Properly

Many people are thrilled to feel that holidays are close, especially Christmas, because it’s a time where you can share with your family.

But there are many people who are either at Christmas dinner or celebrating New Year, and they’re still trying to keep getting any fruit of any investment or market in particular.

Forex is a market where you never have a break, you work 24 hours a day and any day of the week. So if you’re investing in this particular market, and you want to keep getting the best out even on your rest days, you can do it, you just have to keep in mind some things.

Volatility

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Volatility in the world of finance is about frequency measures where changes in the price of an asset or something specific changes temporarily. Normally volatility is evaluated as a way to calculate some risk.

In the world of the forex market is also something that you must take into account; although in times of December don’t see large increases. But you should monitor it since statistics usually go down and up before, during and after Christmas or New Year.

Need to Readjust

numbers money calculating calculation - Christmas Week Management - Do It Properly

In case that you see that volatility is decreasing, it’s necessary that you adjust your stop loss again, which would come to be purchase or sale orders that reach a certain price.

This is why volatility can control it and you don’t see an average as diminished as it often happens. In addition, you can sustain this by measuring the averages of resistance and support.

In investments, especially in forex, it’s somewhat uncertain to predict what will happen during the Christmas season in case you want to continue investing or doing any operation. But you must prepare well so that you don’t harm some crazy price that’s established in the market and can affect any of your business or plans.

Leverage and the Forex Market – Make It Work For You!

Leverage is something you will hear very often in the forex market. Possibly not everyone knows how it works, but here we will explain it in the simplest way possible.

Basically, the leverage is a way which you will have more advantage and accessibility in the currency market, moving totally in your favor and is a tool that works much better than even the trading that we normally see in this platform.

Objective

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The objective of leverage is to generate more economic benefits since this tool will allow you to speculate with more money that you have capital. But you should know how to use it since it also has big economic consequences when you’re at risk of having losses, and hurting yourself.

So you should focus on doing good management and have good strategies to earn more interest without having any loss, even small because it will affect your capital.

Levels

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This tool’s very used in the world of Forex has its methods and is primarily governed by different levels, 1: 100 and 1: 400.

That means if you use the option of leverage, depending on the level you choose, for example, the 1: 100, your capital or investment in foreign currency will multiply by 100, money that will not come out of your pocket even if not from the currency market agents.

It’s Necessary

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In the Forex world, the use of leverage is essential, because in this way you can benefit greatly by increasing your interests, but also, to increase the variations of currency pairs when trading.

Use

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The use of leverage really is very good; it’s even a much higher benefit than what they offer you in the world of the stock market. But the key it’s knows how to use this tool to obtain good profits.

The problem lies in the high risk that’s handled with the probability that it’s not a successful operation that the client does, or has losses in large quantities. Because everything you lose in customer 1 time, with the leverage you will lose 100 times more.

That’s why this business is recommended for negotiators or investors who have good capital to be able to respond to these losses without affecting your interests.

Techniques

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One of the most recommended tools in case of entering the forex market and using leverage is that there are many sites where you can even compete with some merchants so as well as go experimenting, reach the top of rank.

If you’re in your plans, choose this leverage tool, and you’re sure to do it by having enough knowledge to carry out a good management in the currency world or choose a manager that will help you in all this, you can do it, so that so you earn more money instead of losing even your capital.