fxnet.com

[FxNet]

FxNet is an EU Regulated Forex Broker offering traders the ability to trade in multiple financial instruments via 5 platforms, under 1 account, with up to 1:500 leverage.

FxNet is proud to declare itself as one of the few Legitimate ECN/STP Forex Brokers, with a Liquidity Pool which includes some of the best, most credible and widely known banks in the world.

FxNet constantly invests in its people and keeps up with technological advances in order to provide the ultimate trading experience to all of its clients. Our mission is to reach and retain traders around the globe through exceptional customer service, fast execution (5ms & 2ms on VPS), integrity and continuous innovation that will provide clients with user-friendly, robust and secured trading platforms.

more info clcik here

 

[FxNet]

Fxnet ACCOUNT TYPES

FxNet Standard Account:
minimum deposit: $50
minimum lot size: 0.01
maximum leverage: 1:500

FxNet VIP Account:
minimum deposit: $10,000
minimum lot size: 0.01
maximum leverage: 1:200

FxNet Islamic Account:
Available upon request

More Info Click Here

 

[FxNet]

Gold Trading

Just like currency trading, commodities like gold are a big part of online trading. Gold is the most popular of all precious metals as an investment both online and as a physical investment, as it holds solid guarantees against any economic political or social flat currency crises.
The price of gold has been on the rise for many years, unlike volatile and unpredictable currencies, which leads to gold being a very solid investment especially in certain countries like India where gold is a cultural commodity and the most precious metal.
Gold can be traded online with Forex and Binary Options platforms just like currencies are traded. It can also be physically bought and resold at a later point, which is a guarantee for profits as its price has been on the rise for years, or it can be sold in the coin market, where both silver and gold coins are sold.
As a physical investment it is important for any potential buyer to know the market well, or the seller because there are many people in the market who will cheat their sales to make extra money, for example India is a country with the highest sales but also the highest dishonest salesmen.
When it comes to gold coins, potential buyers should keep an eye on the difference between bullion and collector’s coins. Bullion prices fluctuate according to the current price of gold, while rare coins which carry a significant collector premium based on historical supply and demand are valued at a much higher price.
FxNet Team
FxNet Ltd is a global, fully licensed Over the Counter (OTC) online Forex and commodities broker, regulated by the Cyprus Securities and Exchange Commission (CySEC). FxNet is located in Limassol Cyprus.
FxNet's mission is to reach and retain traders around the globe through exceptional customer service, integrity and continuous innovation that will provide our clients with simple, exciting and secured trading platforms.

 

[jimmy sergill]

What is VPS for FX

You may have heard the term VPS in general discussions but you have never heard in in terms of Forex or ever had to apply it on your trading. Well VPS stands for Virtual Private Server, and it is used for webhosting for sites in general.
A VPS is an independent operating system which can be installed on a computer along with other operating systems, which is why it is considered “Virtual”. A VPS is functionally equivalent to a physical server, but being a software it can much easily be created. And of course a VPS would cost much less than a physical server as no physical item is purchased but it will function to standards almost as high as any physical server.
A VPS can be used for any reason and not just Forex, In Forex however it can be a very convenient way of having an extra operating system on which you can make all your trades.
Some Virtual Operating Systems are aimed solely at Forex traders , and are called Virtual Servers for Forex Trading. They are offered by both Forex VPS hosting services and Forex companies themselves.
There are different brands and servers which offer this service for Forex traders and the philosophy behind it is that if an operating system is dedicated only for the trading platform and trading activities it will function better and faster, and it is more affordable than buying an entire new device just for trading in Forex.
Many Forex traders opt for Forex VPS hosting systems these days for a faster and more efficient trading experience.
FxNet Team

 

[FxNet]

What is a Ponzi Scheme

A Ponzi scheme is a very widely used term for any type of fraud related to investment, and has come to be very well known across the world. In actuality though it does not represent every kind of scheme, it refers to a specific type of scheme.
A Ponzi scheme is based on paying earlier investors with the money of later investors. The head of the scheme will pretend to operate a profitable and reputable business which guarantees impressive amounts in return to the initial investment. Once the ‘business’ gains a few investors, their money is returned by the newer investors whose money return date is yet to arrive. The catch is there is no business or any money being generated and the operator of the scheme is keeping whatever leftover money for themselves.
Once investors see a good return, they reinvest and suggest this ‘business’ to acquaintances and so the amounts of money coming in increases making more personal profits for the head of the scheme.
Shorter lived Ponzi schemes happen on a smaller scale, and their operator vanishes once he/she has made enough money to be satisfied, leaving their investors robbed and deceived.
Those who get greedy and aspire to keep the schemes running longer usually collapse when they are no longer getting new investors and are no longer able to pay any of the ones they already have, and so they are exposed, otherwise their lack of profit declaration while always paying back their clients can arise suspicions to authorities who will in turn make an arrest.
In some cases Ponzi schemes can go up to millions and even billions like the infamous case of Bernard Madoff.

 

[FxNet]

Forex Promotions

Forex companies are constantly on the lookout for new methods to attract potential clients, with high competitions from rival companies, each Forex broker needs to stand out and offer something that other brokers don’t.
That’s when Forex promotions come in. Forex promotions are a very popular and on demand method to give clients an extra motive to choose the specific broker. Promotions work in many ways the point of them is always to give something back to the client.
Welcome Bonuses are offered by most companies and they are a percentage added to the deposit when a client first opens an account. It is a way to welcome a client with an added motive. The percentage vary some may give 50%, some 100% and some as high as 250%, in most of these cases the bonus will be given in the form of trading credits deposited into the clients account.
Redeposit Bonus: A redeposit bonus works in the same way as a welcome bonus, but is extended to every deposit a client makes and not just the first one.
Low First Deposit: All reputable companies have a minimum first deposit for any client to start trading, which can be $100, $200 and in some cases much higher. But for a short period a company can offer a much lower minimum first deposit, as low as $25. This is a motivation for new traders, of people who can’t afford to invest much.
No Deposit Bonus: In some cases companies can allow a client to start trading with them without investing any money at all. The company will offer the client a live account with a specific amount of trading credits, with which he/she can trade. This is a motivation to get clients started with the company.
Cashback/ Rebate Bonus: Cashback bonuses, sometimes called Rebate bonuses offer traders a certain amount of money back for every specified traded volume, motivating them to trade more.
Refer a friend: Most companies offer this promotion, which simply allows their clients to make extra profit if they refer a new client to the company. When they do they get a form of a bonus which can either be a specified amount or a small percentage of that person’s trades.
Gifts for trading volume: A big motivation for clients is knowing they will get some worthy gifts after they trade with a specified volume. Gifts can range from gadgets and tablets, to cars and overseas trips. Of course the bigger the prize the bigger the required volume.

 

[FxNet]

Forex Tools

A Trend-Following Tool
The point of this tool is to help traders recognize the direction of the major trend and attempt to profit by trading in the trend's direction. Many people misunderstand the purpose of trend-following tools and try to use them as separate trading systems. While this is possible, the real purpose of a trend-following tool is to suggest whether you should be looking to enter a long position or a short position.
A Trend-Confirmation Tool
A trend-confirmation tool as its name suggests helps determine whether the current trend-following indicator is correct or not. A trend-confirmation tool may or may not be intended to generate specific buy and sell signals. Instead, we are looking to see if the trend-following tool and the trend-confirmation tool agree.

If both the trend-following tool and the trend-confirmation tool are indicating an upward movement, then a trader can more confidently consider taking a long trade in the currency pair in question. If both are indicating a downward movement, then the trader can focus on finding an opportunity to sell short the pair in question.
the moving average convergence divergence (MACD) is one of the most useful trend confirmation tools. It measures the difference between two exponentially smoothed moving averages. Then smoothes this difference and compares it to a moving average of its own. When the current smoothed average is above its own moving average, then the histogram would be positive and an uptrend is confirmed. On the other hand when the current smoothed average falls below its moving average, then the histogram would be negative and a downtrend is confirmed.

 

[FxNet]

Advantages of Forex VPS hosting:

Forex VPS hosting is fast, reliable and more powerful than your personal computer. A forex virtual machine host does not depend on your internet connection, machine crashes, corruptions, hibernations etc.
A forex VPS hosting environments allows you to simultaneously run multiple trading platforms at the same time.
Forex VPS hosting is designed to efficiently perform forex related tasks.
Forex VPS hosting allows you to access your server at any time and from any location.

 

[FxNet]

Which Currency Pairs are Worth Day Trading

When trading there are many factors to look at to decide which would be the best trades can happen. The spread is one of the first factors to look at, some pairs are better traded with than others depending on the spread. And spreads are much harder to overcome in short term trading. Keep in mind wider spreads are not a bad signs, it would depend on the lower alternative.
The spread needs to be converted to a percentage of the daily range called the ‘base line’, with this you can compare spreads versus maximum pip potential for day trade, and you can differentiate between the results of one pair and another. Some currencies will offer better value when combined with the spread and daily pip potential.
Once you have placed the spread with the daily average move, you can have a much clearer idea to help you decide on which trading pairs are best to use.
Most day traders focus on pairs with the lowest spreads, like the EUR/USD and GBP/USD which have the best ratio from other pairs, also the EUR/JPY rank high among other pairs.
Other pairs can range much lower for day traders, like the USD/CAD, which also has a four pip spread, but in some cases can be the worst to day trade with, depending on the spread and the daily average range.
Some pairs are better suited for short term moves while others are suited for long term moves, where the spread becomes less significant.
Over all you need to analyse all your factors, but by not doing that, and taking advantage of your most valuable currencies for day trading – or any other strategy – you are actively missing out on opportunities.

 

[FxNet]

Basics of Forex Economic Indicators

Indicators are used throughout the whole process of Forex trading, there are many indicators which can be made useful for many things and in many ways. With experience traders learn to utilize indicators and combine them to find what they need. Here are some basics about Forex economic indicators, which are very important for certain, markets.
Indicators help traders understand the economic situation of a relevant country, and the impact it will have on currencies. Governments and financial institutions will release official economic data from time to time to inform the public of the changes in a country’s economy. These releases have an impact on traders, and should be on a trader’s watch list. Those releases can either increase market activity or decrease it, either way analysts will be providing information about these indicators, and traders should take them into consideration.
News releases are scheduled and therefore these indicators have a schedule too, meaning traders can expect this coming change, and track them. Some trading software will automatically update the information, and all media will cover it. Traders can get their information through Forex alerts or on dealers’ websites. These economic indicators represent underlying economic data such as the country’s GDP, Employment statistics, and other important information. Each indicator is important and can affect the country.
Once the indicators are out and received they can be analysed. Some economic indicators are important in relation to some countries but not to others. For example economic indicators dealing with inflation data such as CPI are important for the U.S since it is a key driver in the Forex market. Obviously the bigger the market the more affect it has on other currencies which means the closer it should be watched. Analysing the released indicators, can be done in many ways – depending on the preferred method – and traders can make the most of each opportunity generated by the release of an economic indicator.

 

[FxNet]

Options Trading At Night

The options market operates based on the currency market which is open 24 hours on weekdays, it is worldwide and it never sleeps as different time zones wake up release news, trade and then go to sleep.
Because binary options are derivative contracts they exist only between the broker and trader so their outcomes are determined by the traded asset price and not only by the market it is listed on so some binary options companies not only allow night trading but can even allow predictions on closed markets about the price they will be at when they open.
So options night trading even though not yet available by every broker, is preferred by some. To some traders night trading is preferable because they do not have the time to trade at day time, with their work, families and errands. While for others it is a more strategic decision.
Opportunities present themselves during the trading hours of different markets, and some traders need to access different time zones in order to take advantage of these opportunities. Countries like Australia and Asia are awake when Europe is – technically – sleeping so if a trader wants to trade when those markets are volatile the only option is night trading.
It also depends on the asset a trader wants to trade, and when its market is open. For example traders in the US and Europe who want to trade an indicia like NIKKEL 225 will have to be awake between 00:00 – 02:00 GMT between Monday and Friday.
Another example is some European traders prefer trading in the evening when markets are open in the US. And over all different assets and currencies are more volatile and active during specific times which correspond to the countries they belong to , and therefore traders in other time zones have to adjust and night trade in order to trade at the right times.
So if you are seeking all the right opportunities you may have to spend a few nights awake.

 

[FxNet]

Monthly Demo Competition

FxNet introduces The Monthly DEMO Competition! Win prizes worth up to $500!

Take advantage of this risk-free opportunity to test your skills and Learn while trying to win real money!

To take part simply Register for a Demo account and start trading!

 

[FxNet]

FxNet Platforms

5 platforms under 1 Account
Access all the dynamic FxNet trading instruments under the same account from multiple platforms! No Download required; start Trading Immediately!

http://www.fxnet.com/content/platforms

 

[FxNet]

FxNet Products

At FxNet we provide our clients with a large variety of financial instruments to trade, at competitive rates throughout the year, guaranteed! We have a policy of No Re-quote, No Rejection for all executions throughout the year!

http://www.fxnet.com/content/products

 

[FxNet]

50% CA$H Bonus on All Deposits & Re-Deposits !

FxNet is pleased to announce its newest promotion for the month of March 2014, offering 50% trading Bonus to all clients on All Deposits during the promotional period.

http://www.fxnet.com/content/about/promotions

 

[FxNet]

50% CA$H Bonus on All Deposits & Re-Deposits,

FxNet is pleased to announce its newest promotion for the month of March 2014, offering 50% trading Bonus to all clients on All Deposits during the promotional period.

http://www.fxnet.com/content/about/promotions

 

[FxNet]

FxNet Account Types Overview

STP for All Accounts

FxNet follows a Straight Through Process Execution for all of its accounts. That means that whether you have a standard, VIP or other account, your trades are always matched by FxNet and are always processed on for Execution.

http://www.fxnet.com/content/account-types

 

[FxNet]

Forex Daily Analysis - 2 April 2014

The EUR/USD picked up 27 focuses today as eurozone Pmis demonstrated improvement over needed and German employments information reported a change with unemployment ticking down. The euro is exchanging at 1.3798. the euro EURUSD +0.27% was pushing higher against the dollar, creeping ever closer to that $1.38 level after information indicated the euro-zone fabricating PMI for March was affirmed at 53, easier than 53.2 seen in February. Still, the normal perusing for the first quarter arrived at the best result since the second quarter of 2011.

The GBP/USD eased today giving up 26 points to exchange at 1.6637 after manufacturing PMI dipped below forecast but remained in a positive zone. March UK Markit/CIPS manufacturing PMI printed at 55.3 vs 56.7 expectations the lowest since July 2012

The AUD/USD added 3 points giving back a bit of earlier gains after the RBA announcement. Glenn Steven’s did as expected and held rates and policy. Prior to the release the Aussie was at the 93 price level on stronger than expected Chinese data. The Chinese Governments Purchasing Managers’ Index rose to 50.3 in March, the National Bureau of Statistics and China Federation of Logistics and Purchasing said today. That compared with February’s 50.2 reading and the 50.1 median estimates from analysts in a Bloomberg News survey. Numbers above 50 signal expansion. The Aussie is trading at 0.9268 at this writing.

The USD/JPY continued to decline as the sale tax increase goes into effect today. The JPY eased by 8 pips to trade against the US dollar at 103.30. The yen remained lower against the dollar after Bank of Japan data showed the Tankan index for sentiment among large manufacturers in the nation rose to 17 in the first quarter from 16 in the previous period. The Tankan was weak,” said Ken go Suzuki, chief currency strategist at Mizuho Securities Co. in Tokyo. “Some investors buying the dollar against the yen may take profits as it climbed above 103 in the past few days.” Gold is flat for the day moving between small gains and losses at 1284.80 after falling below the 1280 price on Monday for a few minutes.

Gold prices steadied on Tuesday, recovering early losses, as comments from Federal Reserve Chair Janet Yellen defending easy-money policies hurt the dollar, while a drop to seven-week lows overnight sparked interest from bargain-hunting buyers. The metal fell to a low of $1,278.34 an ounce in Asian trade as stocks rallied on the back of Yellen’s comments, which reassured investors that the bank would maintain monetary support for the U.S. economy.

 

[FxNet]

The USD/JPY gained 17 points to trade at 103.84 as the yen loses

EUR/USD : is level for the day, exchanging at 1.3794 unable to support the 1.38 level after Spanish unemployment indicated a huge drop in cases and yearly GDP met desires, in spite of the fact that quarterly GDP printed underneath figure. The euro also ticked higher. Like the dollar it tends to draw support from prospects of higher world growth and is also supported by expectations the European Central Bank will steer clear on Thursday of any action to ease monetary policy. A rising dollar was this year’s big call for many banks and funds in January and most have been disappointed, with a falloff in growth in China and a euro bolstered by returning flows of capital instead the dominant trends.

GBP/USD : climbed by 14 points after construction PMI printed close to expectations but showing strong growth. The pound is trading at 1.6642 as traders evaluate the Bank of England’s next move now that the economy is recovering steadily. The improved outlook suggests the Bank of England may tighten monetary policy in the next 12 months.

AUD/USD : eased to trade at 0.9235 giving up 13 points after building approvals missed expectations. The currency continues to remain well above its trading range on hopes of stimulus from the Chinese government. The RBA kept the target cash rate at 2.5 percent, as expected, and kept its view that rates won’t change while the central bank supports the economy.

USD/JPY : gained 17 points to trade at 103.84 as the yen loses its value as traders are now expecting the Bank of Japan to add stimulus to offset the negative effects of the sales tax increase which went into effect on April 1st. The combination of rising global equity markets with rising U.S. Treasury yields is a catalyst for USD/JPY to move higher,” said Kit Juckes, analyst at Societe Generale

Gold : added $3.90 ahead of the ADP payroll release to trade at 1283.90 as traders begin to take position ahead of the ECB and the NFP over the next two days. The ADP jobs report will be the main event that traders are waiting for with data due to be released in just a few hours. Having fallen 8% in just over two weeks, gold “hasn’t found a host of willing buyers looking to pick up cheaper metal,” said UBS analyst Adel Tully. “Some buying interest has emerged on the lows, but further downside has been prevented largely because sellers are in short supply.”

 

[FxNet]

Fundamental Analysis April 4

EUR/USD is flat ahead of the ECB meeting. the choice is expected in simply a couple of hours, yet the firecrackers will probably be later in the day at Mr. Draghi's question and answer session. Merchants can anticipate that the Governing Council will simplicity arrangement unassumingly at this gathering, through a little cut in key rates or liquidity activities. Aggressive unconventional policies remain distant. The ECB may introduce new liquidity measures today to counter tightness in funding conditions, but we think they will most likely not deliver additional rate cuts or monetary policy accommodation.

GBP/USD gave up 16 points to trade at 1.6610 after UK services PMI missed expectations and also printed lower than last months. It is not a major upset to the markets but enough to see some traders moving away from the pound as the US dollar continues to climb. Sterling fell to a day’s low against the dollar and the euro on Thursday, after UK services sector expanded at a slower-than- expected pace in March.

AUD/USD eased by 33 points against a much stronger greenback after more data showed a steady recovery in the US economy. Retail sales in Australia missed expectations this morning and the trade balance widened more than expected but remain less than the previous months. In Australia, the RBA wants Australia’s biggest banks and building societies to pay a levy to help pay for a fund that will protect their own depositors in the event of a banking collapse.

USD/JPY soared to trade at 104.05 as the dollar gained momentum after the ADP data release on Wednesday showed that the private employers created more jobs than in previous months and there was a strong upward revision to the previous month. The Japanese yen declined against other major currencies in Asian morning deals on Thursday as investor sentiment rose on strong U.S. data and China’s mini stimulus package designed to boost spending on railways and tax relief for struggling small businesses.

Gold reversed course and begin to ease giving up $4.50 to trade at 1286.30 after climbing in the Asian session as high as 1293. Traders are beginning to take positions ahead of tomorrow’s NFP and after comment from several Federal Reserve members all saying that we would likely see an interest rate increase in mid-2015. Investors are waiting on a European Central Bank policy statement later in the session and monthly jobs data from the U.S. Friday.