The Forex Trading Blog

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    Looking for FOREX brokers who offer Currenex platform for online retail Spot FOREX trading.
    Must have local office for discussions if there is problem they can not handle over email/phone.

    Mirror Trader forex platform, meant for retail brokers in Singapore, now integrated with Currenex.

    Mirror trading is a rapidly growing trend in the retail Forex industry, and Tradency offers a robust technology platform that appeals to organizations like Currenex, which represents individuals and institutional investors on both the buy and sell sides of the market place.

    The new alliance between Tradency and Currenex allows smooth and effortless integration of Tradency’s Mirror Trader to Currenex’s client offerings. With Mirror Trader, traders can choose “automatic,” “semi-automatic,” or “manual” modes to execute trades in real time, conveniently in the client’s brokerage account.

    The “Semi Automatic Mirroring” feature is being added to the platform in June 2011. This feature will enable users to view signals sent by strategy developers and execute selected strategies based on their own analysis and account goals.

    “We are thrilled to provide Currenex clients with access to our Mirror Trader platform. Currenex clients include some of the largest banks in the world, as well as the major players in the foreign exchange market. This type of sophisticated clientele understands the value of the mirror trading concept, which allows them to use the knowledge of a wide range of strategy developers for their own trading,” says Lior Nabat, president and CEO of Tradency.

    http://forexbrokerz.com/news/mirror-trader-currenex

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    on meta trade platform at competitive rates

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    November 3rd, 2011 by admin

    I am searching for a trading game for the Android platform. Something like Forex trading (with only virtual money), where I can trade online and compete with others. Can anyone help me please?

    I have tried using mobango from long time and it is really very good site for all mobile stuffs. Try the following link it will be very helpful to you:- www.mobango.com

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    March 13th, 2011 by admin

    Hi I am interested in online forex trading.Some sites look abit ‘shadey’ where can i find reliable reviews of different trading platforms and services? any reliable website? and other resources?

    Playing Forex can appear alluring, but the majority of people who try it lose money. All you have to do is do a web search on the words "Forex" and "lose" to see this is the consensus. There is no website where many players make money.

    Forex is similar to what we call a "zero sum" game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. The net winnings of everyone combined equals zero. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the "bets" in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game.

    Actually Forex is not quite a zero sum game. It’s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It’s a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.

    There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.

    Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: "Go to Forexcrap,com/q2347." The "q2347" is a signal to the Forexcrap site that you are being referred to them by "q2347." If they sell something to you, "q2347" gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you. Also there are a good number of trolls out there that like to pretend they are successful forex traders just for the fun of it.

    I would recommend not trying to do Forex at all, unless you are a trained professional. It’s like playing poker with people better than you, with the house constantly taking a small percentage from the pot.

    Read the warnings in the links below:

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    February 17th, 2011 by admin

    I want to start trading forex, but i’ve noticed there are several trading brokers/platforms. Can you please tell me which ones are the best to use and why? And more importantly, your experience with your choice.

    If you are looking for the best forex software, use this software

    http://bestautoforexsoftware.info

    This software is the best software that can help increase your trading profit

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    February 16th, 2011 by admin

    I want to start trading forex, but i’ve noticed there are several trading brokers/platforms. Can you please tell me which ones are the best to use and why? And more importantly, your experience with your choice.

    If you are looking for the best forex software, use this software

    http://bestautoforexsoftware.info

    This software is the best software that can help increase your trading profit

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    Hi Guys,
    I want to start trading forex online (little amounts of money), however i was wondering what is the best online forex trading platform, or "broker" to get started with. I do not live in the United States, and i would want a simple, yet reliable one which i can access from my computer!

    Thanks so much

    If you are looking for the best forex software, use this software

    http://bestautoforexsoftware.info

    This software is the best software that can help increase your trading profit

    powered by Yahoo Answers

    Hi Guys,
    I want to start trade the forex online (little amounts of money), however i was wondering what is the best online trade the forex platform, or "broker" to get started with. I do not live in the United States, and i would want a simple, yet reliable one which i can access from my computer!

    Thanks so much

    If you are looking for the best forex software, use this software

    http://bestautoforexsoftware.info

    This software is the best software that can help increase your trading profit

    powered by Yahoo Answers

    February 9th, 2011 by admin

    I want to start trading forex, but i’ve noticed there are several trading brokers/platforms. Can you please tell me which ones are the best to use and why? And more importantly, your experience with your choice.

    If you are looking for the best forex software, use this software

    http://bestautoforexsoftware.info

    This software is the best software that can help increase your trading profit

    powered by Yahoo Answers

    Hello all, I have some cash to invest.For stocks, do any of you know an online trading platform that I can deposit with a credit card? (I have the cash but want to use the credit card to get points) I know some Forex Trading lets me do this.

    Also what is your favorite online brokerage to use? I currently have Scottrade but am dissatisfied with the length it takes a transaction "close" After I buy and sell a stock , I have to wait almost 48 hours for the transaction to "clear before I can use that cash again

    thanks

    FINRA registered brokerage firms are not allowed to accept credit cards for deposits. It’s part of the anti-money laundering regulations.

    Your issues with Scottrade aren’t specific to them. That’s how cash transactions settle per the SEC. To avoid this delay, establish a margin account and you can use the proceed of the sale right away.

    As far as trading stocks and Forex in the same account, Zecco is the only brokerage I know of that allows you to trade both.

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