Forex.ee

[Ekaterina Fechina]

Special Margin Requirements for EUR pairs

Dear Customers,

Please be informed because of a possible high volatility in the market(high volatility is expected in view of the ECB meeting), margin requirements for EUR pairs will be increased fivefold for the period of 48 hours starting from 00:00 (GMT+2) on January 21.

Forex.ee would like to advise you considering this situation in your trading.

The regular trading regime for EUR pairs will be resumed on Friday, January 23.

Sincerely,
Your European Broker, Forex.ee

 

[Ekaterina Fechina]

The margin requirements are returned to standard conditions

Dear customers.

We inform you the margin requirements for all pairs (except pairs and EURDKK and USDDKK) are returned to standard conditions.

Forex.ee wish you a successful trading!

 

[Ekaterina Fechina]

Gold and Silver at your service with Forex.ee.

Gold and silver have long gained a rightful place among the trading tools of the Forex market. Our company presents opportunity to trade these precious metals in the most profitable way on our ECN and STP accounts. Forex.ee customers can open positions on gold (XAU) and silver (XAG) against the US dollar (USD). This is the most popular trading tools with Gold and Silver in the international market.

Why spot trading gold and silver in the Forex market is profitable? Trading with these instruments has numerous advantages:

• High liquidity;
• Compatibility with long-term strategies;
• Relatively low risks;
• Market stability;
• High profitability.

With over all advantages associated with spot trading gold and silver, there are also some distinguishing features that may greatly affectthe successful outcome of trading with these metals. Our company’s trading conditions allow you to take advantage of these special characteristics making your trades even more profitable.

How to use the distinctive aspects of trading precious metals to your advantage?

1. In contrast to silver, we recommend using a more considerable amount of funds when trading gold, as its range of price fluctuationis smaller and higher profit levels are easier to achieve by increasing the volume of trades.

What do we have to offer? Leverage of 1:100 on XAU and XAG allows you to significantly increase the trade volume to extract sizable profits. The minimum deposit to start with is USD 200.

2. Long-term strategies prove to be more effective when trading gold, while both long- and short-term maneuvers can be performed on silver pairs. Higher volatility on silver pairs makes it easier to predict the price action and benefit from a short-term trade.

What do we have to offer? At Forex.ee, clients are allowed to apply scalping on XAG/USD and XAG/USD as well as using EA’s. As for long-term trading strategies on gold and silver, you can always apply hedging or locking and the same applies to volatile market conditions. Absence of restrictions for setting limits and stops is guaranteed.
As an additional risk-management measure for trading precious metals, we introduced an automatic installation of slippage control technology to our platform.

3. On XAG/USD and XAG/USD, spread size also differs significantly, which should be taken into consideration when choosing a trading strategy for these pairs.

What do we have to offer? Forex.ee is among the top three brokers in terms of tightest spreads and lower commissions in the Forex market. On our platform, the average spread size for gold and silver pairs is also relatively low - XAG/USD spread is 2,1 on ECN accounts and 2,6 for STP accounts; XAG/USD spread is 33,3 for ECN and 38,2 for STP.

Please follow the link for The Gold and Silver Instruments Table.

Forex spot trading gold and silver is closely associated with volatility, profitability and stability. Excellent trading conditions at Forex.ee allow you to make profitstrading precious metals.

Looking forward to co-operation.

 

[Ekaterina Fechina]

STP-technology: speed, accuracy, transparency.

In today’s Forex market, STP is an unparalleled technological solution in order processing. STP accounts are in great demand at Forex.ee and the reason for it lies in between the benefits of the technology itself and perfect trading terms of STP accounts.

STP technology (Straight Through Processing) implies the automatic processing of all orders directly through to the Interbank system and fulfillment of those by the Liquidity Providers.

How does STP technology work at Forex.ee?

In our company, STP technology is based on Market execution of orders thgrough MT4 trading platform. Once a client submits an order execution request, it is directly processed through to the liquidity providers, where the order is instantly fulfilled in the automatic manner.

Our main liquidity providers for STP accounts are LMax, CitiFX, FXOpen, Integral, Currenex and Hotspot.

As illustrated in the chart below, there is no dealer in the chain of transactions, contrary to the Instant Execution model. Buy/Sell orders reach a liquidity provider by means of a specially configured "bridge". Due to direct order fullfillment, STP-technology allows to cut the execution time, there by reducing risks. The fraction of a second won, and sometimes even 5 to 10 seconds, allows our clients profit more with the help of rapid STP order processing technology.

The average order execution speed with Forex.ee STP accounts is 200 ms (0.2 seconds).

Clients’ requests are always executed at the best price for a given volume, based on the current market situation. With absolute absence of requotes, the slippage is also minimized, which in most cases works in the favor of our clients, i.e. it is positive.

Every Forex.ee client can use our One Click Trading plug-in, which simplifies the work with orders on STP accounts. It only takes one click to open a trade at the best price available. Market depth Level2 allows you analyze the market situation more accurately and make the right decisions quickly.

Advantages of the STP technology:
• Instantaneous order execution speed
• Absence of conflicts of interest
• Direct access to the Interbank market due to absence of dealers
• Exact accuracy of order execution
• Transparency of trading

STP technology advantages play a significant role in the work of professional traders, as speed of order execution is crucial. This encompasses large trading volumes, use of Expert Advisors and low price fluctuation trading. On Forex.ee STP accounts, excellent trading terms and technology performance capabilities both contribute to implementation of various professional trading strategies, all of which including scalping, Expert Advisors, high-frequency trading and hedging are welcome.

Trading conditions on Forex.ee STP accounts are by far one of the best deals in the Forex market:

Opening an STP trading account is recommended not only forthe experienced traders, but also for the beginners. Minimal initial deposit requirements with big leverage and minimum volume of just 0.01 lot provide optimum conditions for the beginners while optimizing risks.

If you are not a customer yet, we invite you to use our Welcome Bonus of $15 and start making money on STP with Forex.ee at our expense. Please find detailed conditions of no deposit STP bonus here.

Run super fast technology in your Forex.ee terminal for successful trading!

 

[Ekaterina Fechina]

ECN Technology means deep liquidity, utterly tight spreads and absence of competing interests.

Recently, we have examined the advantages of Forex.ee STP Technology. At the same time, our company mainly holds itself out as an ECN broker. So now we would like to put more focus on the specificsof ECN-technology and the opportunities it presents to traders at our company.

ECN (Electronic Communication Network) is an electronic trade network, which gathers all “Buy” and “Sell” orders from its members to perform trade operations with no intermediaries. ECN participants are leading financial institutions (banks, investment funds, international corporations) as well as ECN-brokers, traders and private investors.

How does the ECN Technology work at Forex.ee?

In our company, ECN Technology (as well as STP system) functions on the basis of Market execution through MT4 trading platform. There by, we provide our clients with the best current quotations by means of giving access to the Interbank liquidity.

Our main liquidity providers for ECN accounts are LMax, CitiFX, FXOpen, Integral, Currenex and Hotspot.

At Forex.ee, the ECN Technology order processing mechanism is based on utilizing the aggregated liquiditymodel, i.e. your order counter parts not only with other clients of the company, but also with a huge number of the Interbank market participants. Orders of all ECN participants automatically appear on the market in online mode.

Technically, the order processing comes in the following sequence. Every Forex.ee ECN-account holder places his “Buy” or “Sell” order depending on his price fluctuation forecast. Orders from all our clients, as well as those from other members of ECN, enter the common database. Then, the system compares the orders received and automatically allocates the opposite ones among them providing the trading instrument, price and volume parameters are the same. Such transactions are executed and processed at a high speed by virtue of ECN Technology.

The average execution speed on Forex.ee ECN accounts is only 150-300 ms.

The operational principles of ECN technology at Forex.ee. Each Forex.ee ECN account holder has equal rights as of order processing and can be both a liquidity provider and a user of liquidity. When it comes to our clients’ trading, any interference from our side is out of question since there is no conflict of interest.

The ECN Technology advantages:

• Abundance of liquidity providers;
• Full provision of market depth (traders can see their own orders and those of others);
• Orders are processed at the best currently available price;
• High order execution speed;
• Ability to operate with orders of any volumes (from very small to very large).

We also offer slippage control, which is a special technical solution devised to raise the security of our customers’ trading. It is meant to protect you against a possible slippage with ECN execution. Slippage control is automatically installed together with Forex.ee MT4 platform.

Our ECN-accounts: 3 account types with very tight spreads

Forex.ee is among top-three ECN/DMA brokers in terms of the tigh test spreads and lowest commissions in the Forex market, which brings your trading expenses to a minimum. For instance, our average spread on EUR/USD is 0.1 (the maximum spread during the Non-Farm Payroll news is 2.7).

Large selection of trade instruments (49 currency pairs, gold and silver); liquidity from the best providers; pricing with five decimal places and high-speed order execution - these are the overall advantages of Forex.ee ECN accounts, to name a few.

Forex.ee ECN account types:

Among all ECN account types, ECN Advanced is the most popular for professional trading. Minimal expenses and the leverage size of 1:500 provide beneficial conditions for scalping, high-frequency and automated trading.

As a conclusion, we should say that it wouldn’t be right to distinguish between irrefutable strong points of our ECN and STP technologies. In our company, these technology systems complement each other, providing effective running of the entire trading process.

We would be glad to assist you!

 

[Ekaterina Fechina]

How to trade Cryptocurrencies and what are the advantages?

It’s been only six years since the occurrence of cryptocurrency. Yet, it has gone a long way in terms of its development. For instance, Cryptocurrency is recognized as a unit of account in Germany. France has given Bitcoin Central Bank its permission to open deposits and transfer money in euros and in Bitcoin. Cryptocurrency is accepted by thousands of online stores over the world and the number of traders starting to operate with it on a daily basis is continuously increasing.

European broker Forex.ee gives access to trading with the following currencies using a Crypto account: BitCoin, LiteCoin, NameCoin, PeerCoin.

What’s the difference between Crypto- and traditional currencies?

Cryptocurrency exists in the form of electronic coins based on digital codes and it does not have any physical implementation. Furthermore, in contrast to standard currencies, Cryptocurrency is not supplied by any state reserves, corporations or banks.

The uniqueness of cryptocurrency also comes from the fact it has no common centralized control, so it is independent from any state regulators. The management, in this case, is held by the participants of the system of peer-servers that all have equal rights and are spread around the globe.

Therefore, Cryptocurrency cannot be devalued by any outside force, so no one can change its quotations and it is not subjected to inflation. This is what makes Cryptocurrency an attractive tool to trade with.

Liquidity, high volatility and instant order execution are among the advantages of trading Cryptocurrency.

At Forex.ee,Cryptocurrency trading gives you access to all ECN Technology benefits, including tight spreads, low commissions and market execution.

Trading on Forex.ee ECN Crypto account

Our company provides Cryptocurrency trading on the well-acquainted MetaTrader 4 platform.

Customers can choose from 13 currency pairs (BTC/EUR; BTC/RUB; LTC/EUR, etc.). Cryptocurrency trading is performed at the current market rates, based on the buy/sell principle, same as the usual Forex market currency trading.

It is worth noting that at Forex.ee, one is not engaged in mining or otherwise “producing” virtual currencies such as BitCoin, NameCoin and others because trading Cryptocurrency pairs is performed in the base currency of client’s account: USD, EUR, RUB.

At Forex.ee, the liquidity providers for Crypto accounts are FXOpen and the largest Cryptocurrency exchange -BTC-E. Execution is performed on the basis of ECN Technology, which directly interconnects all market participants and allows performing transactions at the best prices with no competing interest between the broker and traders.

The trading terms for Crypto accounts are:
• Spread from 0 pips;
• Leverage from 1: 1 to 1: 3;
• Minimum volume of 0.01;
• The commission of 0.5% of the volume per round trade;
• Minimum deposit - USD 10.

On this type of account, it is allowed to use Expert Advisors, Hedging, Scalping and High-frequency trading. Trading is open to customers 24/7.

We invite you to follow the steps below to start trading Cryptocurrencies at Forex.ee:

Step 1. Complete the registration process
Step 2. Open Crypto account
Step 3. Fund your Crypto account with at least USD 10 (or an equivalent amount in EUR, RUB).

A $15 Welcome-Bonus is available to our new clients, which allows you to start trading Crypto at the company’s expenses. Please follow the link for the terms of this promotion:
https://www.forex.ee/en/about-us/campaigns

Many experts are increasingly predicting that the most popular Cryptocurrency, BitCoin, is going to play the leading role among world-traded currencies. With this in mind, it must be the perfect time to commence Cryptocurrency trading at Forex.ee.

Looking forward to co-operation!

 

[Ekaterina Fechina]

Forex.ee: New Design, New Goals

Dear Customers,

Forex.ee is happy to introduce a new official website redesigned primarily with you in mind! It has a more user-friendly interface aimed at making your cooperation with the company more convenient and productive.

We invite you to check out our website’s new look and feel. We believe it balances creativity and usability. While we’ve implemented the latest trends in the web-space development, we also made sure we provided valuable information on ECN/STP technology, trading terms, partnership opportunities and bonus programs. There is even a new Help & FAQ section that will be especially useful for Forex beginners.

To complement this new website, we are also launching The Client Room, a new back-office area integrating security features with high operational efficiency and agility!

To keep posted, please follow the company’s news line and the latest updates on Facebook and Twitter.

Best regards,
Forex.ee – your premier European broker

 

[Ekaterina Fechina]

Forex.ee Launches Client Area

Forex.ee is pleased to announce the launch of the Client Area – MyForex.ee, the new back-office area on the company’s official website. The Area was particularly designed to enhance efficiency and security of our partners and clients’ trading.

The Forex.ee team invites you to assess the improved functionality of the Client Room, where you can:

• Monitor your trades and account balance online
• Deposit and withdraw funds via eWallet
• Open new trading accounts in a customer-friendly manner
• Control security and manage access to your accounts.

The introduction of the Client Area is expected to expand your trading opportunities and increase the overall performance. We also hope the innovation will help to make your interaction with the company more comfortable and transparent. Following the principles of Honesty, Loyalty and Integrity, we intend to further invest in your trust by offering new services and technological solutions to raise our cooperation to a new quality level.

Thank you for your commitment in us. We are proud to be your choice as the best Forex partner and we’ll do our utmost to meet your expectations.

* All registered users accounts will be automatically transferred to the client area in one week’s time and the account holders will be notified in due course.

Best regards,
Forex.ee team

 

[Ekaterina Fechina]

Feel the difference!

Open Advanced ECN Account and take advantage of trading in the ECN Premium environment! Take part in our Promotion and get an opportunity to test ECN Trading with Forex.ee.

Promo terms and conditions:

• Open Advanced ECN Account with Forex.ee.
• Deposit 3000 USD or equivalent sum in another currency.
• Send us a statement of your trading account, registered with another broker, to info@forex.ee.
• Open Advanced ECN Account by the 31st of March, 2015 and trade in the ECN Premium environment until 31st of May, 2015. Thus, the commission charged will be much lower – only 3.6 units of base currency per 1 lot.
• Even if you received one of the welcome bonuses from Forex.ee you may still qualify for getting this one.

Best regards,
Forex.ee – your premier European broker.

 

[Forex.ee Manager]

Director of Forex.ee

Greetings to all forum guests!
My name is Vladislav Karpeev - I am director of Forex.ee.

I would like to open a constructive dialogue, following the principles of outspokenness and transparency.
Please pay attention to the company’s latest news about our recent redesign.
I would be happy to answer your questions, hear your suggestions and criticisms.

 

[evaa.soraya]

Is it new brokers sir??. There are so many brokers right now. It will make traders more confused because learning first their performace and all their policy for trader.

 

[Forex.ee Manager]

Dear evaa.soraya,

Thank you for your interest. We have not gained such extensive fame yet, however, our team has been on the market since 2004 and we are proud of our spotless reputation. Initially, we were focused on the local market, but now we are winning a more diverse and international clientele as we actively expand to other regions. It is worth noting that Forex.ee is among top-three brokers in terms of tightest spreads and lowest commissions in the Forex market. If these criteria are important for your trading you are welcome to ascertain the quality of our services.

Best regards,
Vladislav Karpeev
Director of Forex.ee

 

[Ekaterina Fechina]

23 trading instruments for scalping with Forex.ee.

Scalping can be considered as one of the most popular and profitable methods of Forex trading. As a result of technical advancements of the 21st century, scalping is now increasingly coming down to automated trading. Creative robots and expert advisors (EA) are both allowed at Forex.ee providing clients with high profit prospect. At Forex.ee, professional scalpers introduce hedging into their EA sophisticated algorithms. However, not all trading instruments are recommended for this type of trading method.

The main reason for this is that scalping was always meant to be used as a short-term trading strategy only, and it has been developed exactly for that purpose. The method allows taking advantage even of the smallest fluctuations of the trading instrument. The duration of a trade varies from one second to several minutes. With this in mind, the trading instrument’s spread size plays crucial role in the outcome of each trade.

At Forex.ee, we provide a selection of currency pairs with tight and sharply competitive spreads*. Scalping the currency pairs listed below implies making profit in the narrow price range.

* - Forex.ee is among top-three ECN/DMA brokers in terms of tight spreads and low commissions in the Forex market, which brings your trading costs to a minimum.
** - Exclusive of commission

Benefits of scalping at Forex.ee:
• Ability to make profit with just $100 minimum deposit
• Market Execution eliminates the conflict of interest and provides high speed order processing. With normal market conditions, the average execution speed is about 150-300 ms.
• Slippage control allows minimizing trading risks during high market volatility.
• Low spreads and commissions will bring the costs down to a minimum with scalping.

You can choose ECN or STP account type for scalping with us:

ECN Account:
Minimum lot 0.1; Leverage from 1:1 to 1:500; Spreads from 0 pips and commission from 1.8 units of the base currency. We can negotiate the commission size for clients with large volumes of trade.

STP Account:
Minimum lot 0.01; Leverage from 1:1 to 1:500; Spreads from 0.5 points, No commission.

Whether you are already in use of scalping strategy or considering becoming a scalper, Forex.ee is your ally intaking profitable steps in the Forex market! All you need to do is just choose the most appropriate type of account.

 

[Ekaterina Fechina]

Forex.ee MT4 Time Changing to GMT+3

Dear Clients.

Please note, Forex.ee MetaTrader 4 (MT4) server time is changing to GMT+3 (daylight saving time).

When the market starts on Monday, March 9, 2015, the GMT offset in the company’s trading platform MT4 will be set to GMT+3.

Although the change should not affect open trades or the process of opening, placing, closing or modifying orders, we strongly recommend adjusting the GMT offset in Indicators and Expert Advisors to GMT+3 to match Forex.ee server time.

Please keep following Forex.ee corporate news, Facebook, Twitter.

Best wishes,
Forex.ee Customer Support

 

[Ekaterina Fechina]

Deposit with 0% commission!

Forex.ee launches a “Deposit with 0% commission” promotional campaign!

Starting March 3st, Forex.ee clients won’t be charged for funding their accounts within the company – the broker will cover all the expenses. Isn’t this a great chance to save money and increase your profits? We think it is! You are most welcome to benefit from this offer until the 30th of April 2015!

Normally, payment providers charge from 0.5 to 4% commission for depositing. With this promotional campaign, you can forget about these extra payments and add funds to your accounts. Just deposit and enjoy the two-month benefit from Forex.ee! View the list of the available payment processors here.

Forex.ee is devoted to provide the best service for its clients. This no-commission deposit campaign is another proof of the company’s loyalty and determination to create a most convenient trading environment for every trader.

Hurry! Take advantage of this winning offer and stay tuned for more incentives from Forex.ee.

Best regards,
Forex.ee – your European broker

 

[Ekaterina Fechina]

European registered broker Forex.ee invites you to appreciate its remunerative and flexible partnership programs.

Forex.ee has been providing services on the market since 2004, attracting increasing number of clients with tight spreads and lowered commissions. According to our partners, we are one of the most reliable European brokers. In view of company’s dynamic development in various regions of the world, we are focused on providing quality service with personal approach. The trading conditions on our ECN, STP and Crypto accounts accurately reflect the needs and preferences of today's traders – high execution speed, low trading costs, confidence in safety of funds. The use of more than 10 liquidity providers with ECN execution technology set customers up with all necessary factors of successful and profitable trading.

In desire of only making a perfect impression on each stage of co-operation, we presented the public with a contemporary website design, while customers can appreciate the service of Personal Support Managers together with convenience of personal area on the website. In addition, there are plenty of electronic payment systems in use.

Forex.ee offers flexible partnership programs suited to every taste. Taking care of your development, we provide professional support and favorable co-operation terms. The commission-based income of our partners depends not only on their customers’ trading volumes, but also on the activity of the second and third level referrals.

We invite all ambitious and experienced partners who take care of their business success and reputation. All potential partners are welcome to send applications to info@forex.ee.

Looking forward to future co-operation,
Your premier ECN broker Forex.ee.

 

[Ekaterina Fechina]

European-registered broker Forex.ee is proud to deliver authentic ECN Technology to those who want to feel the difference.

In recent years, the number of Forex brokers around the world has been increasing at a frenetic pace, which means wider service selection for a customer. Inevitably, there will be companies offering different trading conditions, but the main criteria when choosing a broker to trade with remain the same – quality of brokerage service and security of funds. The technology advancements constantly challenge the industry to find better business solutions, so it is utterly important to keep up with the pace and meet the rising expectations of clients.

Recent years brought significant changes to retail trading industry with ECN Technology introduction raising the service standards dramatically.

Today, the process of Forex broker selection can be divided into two steps – finding companies that are committed to use of ECN Technology and comparing their trading conditions so as to suit the needs of each individual client.

What is ECN anyway?

ECN (Electronic Communication Network) links together Forex market participants (e.g. banks, investment funds, retail traders, etc.) by means of aggregators, bridges, etc. Once an order is placed, the system searches for the best counterpart with the best available price to fill your order.This means you act as a liquidity maker and taker at the same time with no intermediaries or dealers involved in the execution process, which gives all market participants equal rights. This is why ECN Technology is much valued among professional traders.

How do I differentiate the authentic ECN?

In today’s Forex industry, there are plenty of companies speculating with the term ECN. Although, true ECN has some clearly defined distinctive features which makes it easy to differentiate the authentic market execution:

• Market execution by the best available price;
• Absence of re-quotes;
• Tight spreads from 0 pips;
• Ability to affect the spread;
• No trading restrictions whatsoever;
• Complete execution transparency.

OCTL2 (One Click Trading Level 2) plugin is an additional functional tool that can be used to observe the features of authentic ECN Technology.

How do I check if my broker is True ECN?

Since use of ECN implies market execution, you should be able to affect the current market price.

To check if your orders are processed to the market you need to do the following:

1. Open a new limit order within the spreadwith OCTL2 opened (your selected price should be in between Bid and Ask prices);
2. Observe the tick chart to see how your placed order immediately affects the spread;
3. Look for your order price to immediately appear in the liquidity pool of OCTL2.

Please note that if your limit order execution was subject to slippage you can only be given a better price than requested when using ECN.

Spread statistics can be seen on myfxbook.com website.

Forex.ee is an established European broker with over 10 years industry expertise providing only professional trading conditions and authentic ECN Technology. The company attracts clients with competitive tight spreads and lowered commission, while delivering individual approach service. The exchange-like trading conditions on our ECN accounts accurately reflect the needs and preferences of today's traders – high execution speed, low trading costs, confidence in safety of funds. Our extensive list of liquidity providers combined with refined technology guarantees precise execution of orders in any market conditions.In addition to client personal area convenience,each trader is allocated a Personal Support Manager to ensure the quality of service.

The company offers no-commission deposits from the 3rd of March till the 30th of April 2015.

Feel the difference - open ECN Advanced Account with Forex.ee and trade on terms of ECN Premium until 31st of May, 2015:

• Deposit 3000 USD or equivalent sum in another currency.
• Send us a statement of your trading account, registered with another broker, to info@forex.ee.
• Trade with a reduced commission of 1.8 units of base currency per lot until the end of spring.

Make the right choice, trade with the reliable broker.

Looking forward to future co-operation,


Your premier ECN provider - Forex.ee.

 

[Ekaterina Fechina]

Welcome bonus USD 15 on STP account

Open STP Account and get Bonus from Forex.ee!

Take part in our Promotion and use an opportunity to get initial deposit from the broker and test your new STP account.

Promo terms and conditions:

• Register Forex.ee e-Wallet and open an STP trading account.
• Verify your account: via SMS.
• We will add the bonus automatically to the first STP account that you open.
• Not available in Indonesia, Pakistan, Bangladesh and Ukraine due to high fraudulent activity.

Bonus withdrawal terms:

• The first withdrawal is charged with $15 fee.

Note! Forex.ee reserves the right to change the promotional conditions or cancel the bonusif it has reasonable grounds to beleive that fraud/illegal actions led to the transactions.

Best regards,
Forex.ee – your premier European broker

 

[Ekaterina Fechina]

Exotic pairs: specific features and huge trade potential.

Exotic currency pairs are considered the least popular instruments among traders due to common opinion of their illiquidity, wide spreads and unpredictable fluctuations. Forex.ee is one of the few brokers, where it is recommended to trade the exotic pairs. Today, we are going to tell youof how to profit from operating with this instrument at Forex.ee.

Exotic currency pairs are made up of one major currency (such as USD) paired with the currency of an emerging economy. Geographically, it is Asia, Pacific region, Africa and the Middle East.

Forex.ee offers MT4 platform exotic pair trading on the following account types:

ECN Accounts:
Minimum lot 0.1 ; Leverage 1: 1 - 1: 500; Spreads from 0 pips, Commission from 1.8 units of the base currency.

STP Account:
Minimum lot 0.01; Leverage 1: 1 - 1: 500; Spread from 0.5 pips, no commission.

In relation to other groups of trading instruments, Exotic pairs have a considerable advantage - high intraday volatility that opens up a huge potential for profit.

The reason for such high volatility is associated with economic instability and political structure of the countries that supply the "exotic group" currencies. Local conflicts, inflation and interest rate changes all cause price movements of up to 1000 pips per day on these instruments.

• High volatility is associated with increased trading risks.

Forex.ee Recommendation: Exotic currency pair trading certainty is raised by means of bigger fund volumes available on your account, as opposed to trading with classic currency pairs.

If you have just little trading experience in the Forex market, start trading exotic currency pairs on a Forex.ee demo account.

• Low liquidity of exotic currency pairs can lead to slippage when opening an order.

Forex.ee recommendations: Before you start trading, study the maximum slippage by following this link. Slippage control feature is installed together with the Forex.ee MT4 platform and operates automatically, improving the security of your orders.

• High spreads on exotic pairs can be a serious obstacle for traders wishing to select these instruments for work. Forex.ee is among Top-3 ECN/DMA broker in terms of the tightest spreads and lowest commissions. So, for many exotic pairs, our spreads are significantly lower than those prevailing on the market.

Forex.ee recommendations: Please choose exotic pairs with a positive rollover before opening long-term positions. For intraday trading, it is justified to use the full range of exotic instruments that we offer. High volatility of exotic currencies offset trading expenses in case of profitable trades.

• Unpredictable dynamics of exotic pairs, if desired, can be partially removed by using the advantage of information resources development, intelligent use of data from the Internet (economic reports of the country's development, important news from a particular region of the world, online currency quotes etc.).

Forex.ee recommendations:
1) On MT4 platform use historical data for each exotic currency pair;
2) Use technical analysis in conjunction with fundamental analysis for this group of trading instruments.

In conclusion, we should say that we do not imply that your trading line needs to consist of exotic pairs only. However, exotic currency pairs can be used as a source of additional income with Forex.ee

Looking forward to co-operation.

 

[Ekaterina Fechina]

Forex.ee accepts payments with Payza

Forex.ee is delighted to announce that it now accepts transactions via Payza electronic payment system.

With customers from 197 countries, Payza accepts a large variety of currencies imposing no restrictions on your operations. Quality customer support, high processing speed, and 24/7 access to operations by means of mobile devices are the advantages of this payment system, to name a few.

Payza commissions for deposits and withdrawals:

Deposit fee: 3.90 % + $0.59 USD
Withdrawal fee: 2.50 % + $0.25 USD
Minimum deposit amount: 1 USD or equivalent.

Forex.ee will fully compensate your account funding fees up until April 30 2015.

In order to fund your eWallet, please log into MyForex.ee personal area and proceed to “Add funds” section selecting Payza payment system as your transaction method.

Best regards,
Your European ECN broker,
Forex.ee.