FX Solutions and MetaTrader 4: A Powerful Team

FX Solutions and MetaTrader 4: A Powerful Team

Individual Forex and Spot Metal traders can take advantage of the wide range of features on the MetaTrader 4 platform while simultaneously benefiting from FX Solutions’ competitive, real-time pricing technologies. Together, GTS and MetaTrader 4 provide traders with the consistent liquidity and order execution that is essential in today’s fast-paced trading environment.

What is Forex?

What is Forex?

The foreign exchange market or currency market, known informally as Forex, is an over-the-counter trading instrument where one currency is traded for another. It is the most traded market in the world, with an average turnover of $3.2 trillion per day.

Why Trade Foreign Exchange?

Why Trade Foreign Exchange?

Foreign exchange is the world's largest financial market. Available to retail traders since 1999, this exciting global market offers opportunities unavailable in other categories.

Trade Forex with FX Solutions

Trade Forex with FX Solutions

FX Solutions was founded to provide individual foreign exchange traders with the same professional liquidity, execution, and trading functionality demanded by interbank traders. Our proprietary price discovery and risk management technologies offer individual traders liquidity, consistency, and execution stability in the fast-growing category of Forex.

MoneyForex Trading Technology & Technical Approach

MoneyForex Trading Technology & Technical Approach

MoneyForex is a trading technology for Forex retail market for traders and financial institutions. The platform is designed to be fast, effortless, reliable, and efficient. This means sub-second flash fills, real-time account balances and sophisticated charting to name a few. We offer a very powerful, efficient, easy-to-use, and cutting-edge FX trading system designed to take introducing brokers to the next level, giving them the scalability and speed needed to expand the forex retail trading business.

Mini Forex Trading

Mini Forex Trading

The MONEYFOREX Mini account was designed for those who are new to the forex market. The Mini forex account trades in smaller contract sizes of 10,000 units, which is 1/10th the size of the standard account. The smaller trade size gives traders the opportunity to trade live with less overall risk or exposure to the market. In addition, the Mini account allows traders to become familiar with MONEYFOREX, more specifically the quality and reliability of MONEYFOREX dealing practices and the stability of the MoneyForex Trader Trading Platform.

Managing a Margin Forex Account

Managing a Margin Forex Account

Although the example given is much simpler than what's happening in real market situation.

But it cleary illustrates that trading in can easily magnify trade's ROI in a dramatic way. Although trading on margin sounds extremely easy to gain profits, but it is important that traders understand well the risks they are undertaking.

Traders should be very aware of the margin call and should always avoid them at all cost. Note that in the event that money in your account falls below predetermined threshold (Margin Call), the positions in the account could be partially or totally liquidated, even it's in a highly volatile, fast moving market. Also, traders should always monitor own margin balance on a regular basis and utilize stop-loss orders on every open position to limit downside risk.

In most cases, you might need a computer aided trading tools to determine the entry point as well as stop loss order.

FOREX TURNOVER

FOREX TURNOVER

Main foreign exchange market turnover, 1988 - 2007, measured in billions of USD.

FOREX TURNOVER

FOREX TURNOVER

Main foreign exchange market turnover, 1988 - 2007, measured in billions of USD.

How do I trade Forex ?

How do I trade Forex ?

You select the pair of currencies with which you wish to make a Forex deal. You determine the volume (the amount of the deal). You deposit the "margin" (collateral needed to facilitate the deal. Usually - only a very small portion of the whole deal, say: 1% or 1:100).

Before you finally activate the deal, you can still "freeze" it for a few seconds. That enables you to either change the terms, or accept it as is, or altogether regret the whole idea. The "freeze" feature is a unique service by Easy-Forex™.

When your Forex deal is running (you hold an "open position"), you can monitor its status and check scenarios online, whenever you wish. You may change some terms in the deal, or close it (and cash the profit, if any, or minimize the loss, if any). Moreover, Easy-Forex™ lets you determine a "take-profit" rate, with which the deal will close automatically for you, when and if such rate occurs in the market. Meaning: you do not have to stay near your computer when you hold open positions.

How does one profit in Forex?

How does one profit in Forex?

Very simple and obvious: buy cheap and sell for more! The profit is generated from the fluctuations (changes) in the currency exchange market.

The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! (in general,Easy-Forex™ offers trading ratios from 1:50 to 1:200). If, for example, the exchange rate of "your" pair of currencies increased by 0.6% in the last 4 hours, your profit will be 60% on your investment! Such can happen in one business day, or in a few hours, even minutes.

Moreover, you cannot lose more than your "margin"! You may profit unlimited amounts, but you never lose more than what you initially risked and invested.

You can implement your choice (the pair of currencies, the volume amount) under any direction to which the market is moving, and yet make profit. It does not matter whether the exchange rate is going up or down: you can always decide to buy Euro and sell dollar, or vice versa - buy dollar and sell Euro. You don't have to physically possess certain currencies in order to perform "buy" or "sell" with them.

Forex fraud and scams

Forex fraud and scams

Forex as the other businesses is exposed to fraud and scams from the direction of intermediaries such as brokers and dealers. The United States Commodity Futures Trading Commission (CFTC) is the federal agency that regulates the trading of Forex currency

Advantages of the Forex Market

Advantages of the Forex Market

What are the advantages of the Forex Market over other types of investments?

When thinking about various investments, there is one investment vehicle that comes to mind. The Forex or Foreign Currency Market has many advantages over other types of investments. The Forex market is open 24 hrs a day, unlike the regular stock markets. Most investments require a substantial amount of capital before you can take advantage of an investment opportunity. To trade Forex, you only need a small amount of capital. Anyone can enter the market with as little as $300 USD to trade a "mini account", which allows you to trade lots of 10,000 units. One lot of 10,000 units of currency is equal to 1 contract. Each "pip" or move up or down in the currency pair is worth a $1 gain or loss, depending on which side of the market you are on. A standard account gives you control over 100,000 units of currency and a pip is worth $10.

The Forex market is also very liquid. When trading Forex you have full control of your capital.

Many other types of investments require holding your money up for long periods of time. This is a disadvantage because if you need to use the capital it can be difficult to access to it without taking a huge loss. Also, with a small amount of money, you can control

Forex traders can be profitable in bullish or bearish market conditions. Stock market traders need stock prices to rise in order to take a profit. Forex traders can make a profit during up trends and downtrends. Forex Trading can be risky, but with having the ability to have a good system to follow, good money management skills, and possessing self discipline, Forex trading can be a relatively low risk investment.

The Forex market can be traded anytime, anywhere. As long as you have access to a computer, you have the ability to trade the Forex market. An important thing to remember is before jumping into trading currencies, is it wise to practice with "paper money", or "fake money." Most brokers have demo accounts where you can download their trading station and practice real time with fake money. While this is no guarantee of your performance with real money, practicing can give you a huge advantage to become better prepared when you trade with your real, hard earned money. There are also many Forex courses on the internet, just be careful when choosing which ones to purchase.

Forex Trading - Learn All About Forex Trading With These Useful Resources

Forex Trading - Learn All About Forex Trading With These Useful Resources

Once you've mastered the basics you will probably want to learn more about some of the more advanced subjects such as how to use fundamental and / or technical analysis to trade the markets. Technical analysis in particular is very important because many top traders use various different charting techniques to help them find profitable trading opportunities.

The only drawback to many of these websites that offer free information is that very few of them provide you with an actual strategy. Unless you buy a particular trading system or strategy, this is generally something you need to figure out for yourself.

Another method of learning all about forex trading is to buy a few books on the subject. There are now numerous books available that cover every different aspect of forex trading so you will never be short of reading material.

I haven't read that many books on the subject because I'm quite an experienced trader now but one I can definitely recommend is called Come Into My Trading Room (by Dr Alexander Elder). This book lists some excellent trading methods and strategies and also has an excellent section on discipline, which is one of the keys to success in this business.

If you don't want to buy a book, then another option you have is to buy a professional forex training course. These will generally be a lot more comprehensive than many books or websites and in many cases will be a lot more useful if they have been compiled by a professional trader. Admittedly there are lots of substandard courses being sold online, but there are a few good ones out there.

So to sum up, if you are interested in learning more about forex trading, there are lots of resources you can use. There are books, websites and trading courses that can all teach you how to become a profitable trader.

Click here for more information about a forex course that will teach you all the basics of forex trading, and to discover lots more forex systems and strategies.