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    November 11th, 2009 by admin

    please advise best site for forex trading..i want to start forex trading soon
    thanks in advance!

    FXCM was recognized as having the best retail platform by FX-Week in 2009. You can try a demo of it here http://www.fxcm.com/open-free-100k.jsp .

    The popular MetaTrader4 platform is also available.

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    www.4xproject.com is a website that evaluates popular commercial expert advisors that you can purchase.

    I would also recommend visiting public forums such as Donna Forex http://www.donnaforex.com/forum/ where you can ask other traders that have purchased and used the robot on a live account. These users will be able to answer many of your questions about specific trading robots.

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    November 11th, 2009 by admin

    the cftc and nfa have new rules for firms and investors, such as the new fifo rule not allowing ppl to hedge, are there anything else, as an investor i should know about so i wont brake no laws

    The broker is responsible for enacting the new rules into their platform, so your broker will be in violation of the rules if they allow you to do this, not you.

    The major regulations enacted by the NFA are no hedging, FIFO, and reduced leverage.

    Reduced leverage is the last rule to be enacted this year. It will go into effect on November 30th.

    The NFA has also released information on new regulations which will be issued for referring brokers; however, the CFTC has not given guidance yet on specifics. These rules will require referring brokers and money managers to become registered with the NFA amongst other things.

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