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Trading Forex.

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FX trading.
Awarded the World's Best Retail FX Platform (FX-Week e-FX Awards 2018)
We offer competitive spreads on 70 forex pairs, including all the majors and minors. Our range of platforms include the award-winning OANDA Trade platform, as well as MetaTrader 4 - the preferred platform for forex traders globally.
Standard and premium accounts.
Opt for our spread-only pricing account, or find out if you qualify for core pricing plus commission with a premium trading account.
2 pricing models.
Our spreads go as low as 0.2 pips^, helping to ensure that you benefit from even the smallest price moves in the forex markets.
Fully regulated broker.
We are a fully regulated forex broker, with offices in nine regions globally. We support regulatory oversight of the retail trading industry and the protection of our clients.
Popular forex pairs.
Margin reflective of 50:1 max leverage.
What is FX trading?
Forex trading is the buying or selling of one country's currency in exchange for another. Forex is one of the most liquid markets in the world, with a trading volume of $3 trillion per day. The US dollar is the most widely traded currency in the world.
Benefits of FX trading.
Forex is traded on margin, meaning you can gain a potentially higher market exposure by putting down just a small percentage of the full value of your trade. With forex trading, you can speculate when forex prices are rising as well as falling as compared to other currencies.
Pricing tiers and liquidity providers.
We offer two pricing models: spread-only and core pricing plus commission. Our pricing models are clear and transparent. Find out about our two pricing options and see which one you qualify for. The pricing engine aggregates live prices, in real time, from our liquidity providers and calculates a mid-point. A custom-built pricing algorithm automatically calculates the spread symmetrically around the mid-point for each tradable instrument on our trading platform. This mid-point fluctuates throughout the day as wholesale prices change.
Execution.
Forex prices can move quickly, especially during volatile market conditions. Our award-winning trading platform is engineered for reliability and speed, helping to ensure that your trade is executed at the price you want. Our trades are executed in 0.012 seconds**.
Deposits and withdrawals.
It is easy and straightforward to deposit and withdraw funds to and from your OANDA account. Funds can be deposited using debit card, bank transfer, check (USD) and automated clearing house (ACH).
Costs of trading.
Fairness and transparency are at the heart of everything we do. We are upfront about our charges and fees, so you always know exactly how much you are paying when you trade with us. Learn about our costs for depositing and withdrawing funds, bank wire transfer, spreads, inactivity fees and more.
See how currency pairs correlate with one other.
Our AI technology analyzes global news sentiment to gauge the emotions of the financial community towards tradable instruments.
Ready to start trading? Open an account in minutes.
Already have a live trading account? It's easy to fund your account using one of the following payment methods.
Frequently asked questions.
What are OANDA's hours of operation?
Our hours of operation coincide with the global financial markets. In the US, trading is available from approximately 5pm Sunday to 5pm Friday (New York time). Please note: these times are subject to change during daylight savings time.
What are the deposit options to fund my OANDA account for forex trading?
Our deposit options vary based on the OANDA division with which you hold your account. Please check the relevant deposit funds section for more details on how to fund your account.
Which forex currency pairs and spreads can I trade?
You can find a comprehensive list of available currency pairs and current spreads here.
To add pairs to your Rate list on the OANDA trading platform, go to Tools > User Preferences > Rates. To view all pairs on your MT4 platform, right-click any of the symbols listed in Market Watch section and choose "Show All".
Can't find what you're looking for?
*Voted No 1 for Mobile Platform/Application; and Client Satisfaction and Value for Money (Investment Trends 2018 US Report). Awarded World's Best Retail FX Platform (FX-Week e-FX Awards 2018).
^OANDA does not requote orders that are executed at the valid market price when the request is received at our server. Spreads from 0.2 pips available on our Core Pricing account where clients can enjoy low spreads with a commission.
** Execution speed and numbers are based on the median round trip latency from receipt to response for all Market Order and Trade Close requests between January 1 and May 1 2019 on the OANDA Trade platform.
Trade forex with OANDA.
We are a globally-recognized broker with 23 years' experience in foreign exchange trading.
4 ways to trade, plus MetaTrader 4.
Our range of platforms include OANDA Trade web, desktop and mobile, as well as MetaTrader 4.
Transparent pricing models.
We offer 2 clear pricing models: core pricing plus commission or spreads-only pricing.

admin

What is Forex Trading?
The first step in starting with forex trading is to understand how this kind of market works, a knowledge of what you are trading and what makes currency pairs move. The word forex trading is a shortened term for foreign exchange. It is the largest and most liquid market existing with its daily trading summing up to trillions, it is where currencies from different countries across the globe are traded. It involves the simultaneous buying and selling of the world's currencies and the cost of doing business in this market is lower compared to other markets.
The value of currency being traded in forex trading is always relative to another currency, one currency being compared to another is called a currency pair. A currency pair creates a value known as an exchange rate. Traders can buy or sell a currency pair and then gain profits based on the difference of the exchange rate.
The cost of doing this business compared to other markets is much lower, and appeals to small and large investors alike which is why more and more people are getting interested in it. Although the costs of starting in this market is low, there are also risks associated with foreign exchange trading. It is a must to carefully consider your investment objectives and level of experience. Seeking advice from financial advisors and experienced brokers is also necessary for beginners to lower the risk of losing profit. In forex trading, it is wise to start small and focus on the risk and prove that you can trade first before investing more. Researching on and familiarizing yourself with the current trends in forex trading will also help set up your expectations with what this market offers. Having a clear mindset of how this market works and knowing all the risks and benefits involved with this business will help you become a profitable trader.
We at "Trade with Asim and Sajjad" help you to trade safely in the Forex market, our head office is located in Dubai and we greatly serve customers in the UAE as well from all over the world.
Risk Disclaimer: Trading in financial markets and foreign exchange market (Forex) includes the high risks and the possibility of losses and it is not suitable for everyone and may result in you losing substantially more than your initial investment. That is why we are keen on providing the news and analysis concerning the different markets. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested. Before you decide to trade financial markets and foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.You could lose some or all of your initial investment; So you should only trade with money you can afford to lose & do not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek for advises from an independent financial adviser if you have any doubts. Trade with Asim & Sajjad does not assume any responsibility after the occurrence of financial losses so. You should never invest money that you cannot afford to lose. Before trading, you should ensure that you fully understand the risks involved in leveraged trading & have the required experience.
Forex Trading in Dubai with Asim and Sajjad © 2018 All Rights Reserved.

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Forex trading.
As the world's most-traded financial market, foreign exchange presents a wealth of opportunities for those who can harness its inherent volatility. Open a forex trading account with the world's No.1 CFD retail provider 1 and use our range of powerful platforms to take advantage of movements in currency prices.
Why trade forex with IG?
Give your forex trading an edge with our accessible, easy-to-use platform and apps .
Practise trading forex on a demo account , in an environment with reduced risk.
Get friendly, expert support 24 hours a day from 8am Saturday to 10pm Friday (GMT).
Identify FX opportunities on clear, fast charts as standard , and deepen your analysis with ProRealTime .
Get peace of mind trading forex with the world's No.1 FX provider . 1.
Open an account quickly and easily - you could be set up and trading forex today.
Ways to trade forex with IG.
CFD DMA (Forex Direct) Accessible to All clients All clients Traded in Contracts Lots Commission Commission-free for FX From $10 per $1 million Platforms Web, mobile apps, MT4, ProRealTime, L2 Dealer, terminals and APIs Web, mobiles apps, L2 Dealer, terminals and APIs Demo account Yes No Learn more Learn more.
What is forex trading?
Forex trading, foreign exchange trading or currency trading is the buying and selling of currencies on the forex market with the aim of making a profit.
Forex is the world's most-traded financial market, with transactions worth trillions of dollars taking place every day.
What are the benefits?
Go long or short 24-hour trading High liquidity Regular opportunities Trade on leverage Wide range of FX pairs.
How do I trade forex?
Decide how you'd like to trade forex Learn how the forex market works Open a forex trading account Build a trading plan Choose your forex trading platform Open, monitor and close your first position.
Open an FX trading account today.
Fill in our simple online form.
We'll ask a few questions about your trading experience.
Get certified.
We can usually verify your ID in just a few seconds.
Fund your account and trade.
You can withdraw your funds easily, whenever you like.
How much does forex trading cost?
Your key payment for trading forex is the spread , essentially our commission for executing your trade. We work to keep our spreads among the lowest in the business.
Spot FX IG min. spread IG av. spread 2 DMA av. spread 3 EUR/USD 0.6 0.70 0.165 AUD/USD 0.6 0.76 0.295 USD/JPY 0.7 0.79 0.242 EUR/GBP 0.9 1.33 0.540 GBP/USD 0.9 1.52 0.589 EUR/JPY 1.5 1.61 0.678 USD/CHF 1.5 1.67 0.399.
Depending on your position, you may need to pay overnight funding.
There's no minimum balance required to open an account, it gives you access to over 80 FX pairs, and carries no obligation to fund or trade.
You can trade in smaller sizes for your first month, to help keep costs down while you get comfortable.
Discover our forex markets.
Find your next opportunity in our huge range of over 80 major, minor and exotic forex pairs.
Live prices on our most popular markets.
Prices above are subject to our website terms and conditions. Prices are indicative only.
Forex trading platforms.
Intuitive web platform.
MetaTrader 4.
Discover a clear, smart way to trade forex that's intuitive and requires no downloads.
Build forex trading algorithms to execute automatically, even if your machine is off.
L2 dealer.
Mobile apps.
Get increased control over your forex CFD trades with our DMA platform.
Trade forex on the move, so you need never miss an opportunity.
Get the latest forex news.
EUR/USD and GBP/USD rally while USD/JPY slumps in wake of Powell testimony.
EUR/USD, GBP/USD and AUD/USD decline towards key support levels.
EUR/USD quiet and GBP/USD slumping while USD/JPY rallies.
EUR/USD, GBP/USD and AUD/USD start to rise after sharp declines.
You might be interested in...
Bitcoin trading.
Powerful forex charting.
Managing your FX risks.
Trade CFDs our range of bitcoin pairs without needing to own the cryptocurrency or open an exchange account.
Zero in on price action with our clean, fast charts, deepen your analysis with advanced ProRealTime and Autochartist packages.
Mitigate against forex trading risk with our range of stop and limit orders, and keep an eye on forex prices with customisable alerts.
1 Based on revenue excluding FX (published half yearly financial statements, June 2019). 2 Average spread (Monday 12am - Fr >For our minimum spreads, please see our CFD and MT4 details. 3 Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 19th March 2019. There is also a commission charge for Forex Direct.
Markets.
Trading platforms.
Learn to trade.
About.
Contact us.
Follow us online:
CFDs are a leveraged product and can result in losses that exceed deposits. You do not own or have any interest in the underlying asset. Please consider the Margin Trading Product Disclosure Statement (PDS) before entering into any CFD transaction with us.
Please ensure you fully understand the risks and take care to manage your exposure.
IG does not issues advice, recommendations or opinion in relation to acquiring, holding or disposing of our products. IG is not a financial advisor and all services are provided on an execution only basis.
This website is owned and operated by IG Markets Limited. ABN 84 099 019 851, AFSL 220440. Derivatives issuer licence in New Zealand, FSP No. 18923.
The information on this site is not directed at residents of the United States or any particular country outside Australia or New Zealand and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

admin

Trading Insights & Analysis.
5 Uncomfortable Truths About Trading.
Thinking of taking up trading next year? Here are a few truths you should know before you devote your time and effort to your goal.
Chart Art: Trend and Reversal Trades on NZD/JPY and CHF/JPY.
It's all about the yen today, as we play around with forex setups on NZD/JPY and CHF/JPY. Check them out and see if you can end the week with positive pips!
Mech System Update: Ins > 2 days ago by Robopip.
Did this mech system recover from the previous week's dip with another impressive run? Here are the latest plays.
GBP Pairs Moved Over 300 Pips Yesterday! Is This Normal?
A lot of GBP pairs moved over 300 pips yesterday! One pair even moved over 400 pips! What the heck happened? Is this normal?
Trade Reviews on EUR/USD & GBP/JPY Short Plays.
After some gains on both EUR/USD & GBP/JPY, I decided to try to maximize my potential profits. Unfortunately, short-term sentiment shifted, taking me out on both positions in today's session. Here are quick reviews.
Chart Art: Euro Party With EUR/USD and EUR/CAD.
Who's ready to trade the euro? I hope you are because these trend and range setups on EUR/USD and EUR/CAD are too good to miss. Check them out!
Is it Time to Buy JPY?
All of the yen crosses ended in the green at market close yesterday, which means the yen was weak. Is it now time to buy?
Short-Term Bollinger Reversion Strategy 2.0 (Oct. 3 - 10)
This mechanical system caught just the one signal for the week! Did it turn out a winner at least? Read on to find out.
Trade > 3 days ago by Cyclopip.
Taking a shot on CAD/CHF to play my fundamental biases, which could see some action very soon with the latest Canadian jobs data.
How to Stay Positive During a Trading Slump.
Being hard on yourself is a way of addressing your problems. But it can become more of a bane than a boon to your trading if you get caught up in all the pessimism.
Waiting For A Chance to Short GBP/USD.
Hey, guys! This week I'm looking at GBP/USD for possible trading opportunities. Are you checking out the same setup?
Chart Art: Trend and Breakout Setups on USD/CAD and EUR/NZD.
Whether you like trading comdoll crosses or you favor the major comdoll pairs, I got yo back with hot forex trade opportunities on USD/CAD and EUR/NZD. Get 'em while they're hot!
Bitcoin and Altcoins Price Analysis: Chance to Catch the Dips?
Are these altcoins bottoming out or hinting that further declines are in the works? Time to look at the charts and get my dose of MarketMilk™!
Euro Pairs, Who's the Bearish of Them All?
If you're going to short euro, why not short the most bearish euro pair? Pippo shows one of his favorite methods on how to find the most bearish.
Adjustment: Longer-term Downtrend in GBP/JPY?
Decided to maximize my potential gain (while reducing my max risk) on my GBP/JPY short after dovish comments from Boris Johnson. Here's a quick update on my latest adjustment.
If at first you don't succeed, try try again. W,C, Fields.
BabyPips.com helps individual traders learn how to trade the forex market.
We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey.

admin

FXDailyReport.Com.
While the competition for new investors among global Forex brokers continues to grow, there is an emerging trend where Forex platforms offer new clients a No-Deposit bonus. As the name states, these bonuses are totally free, broker-sponsored funds deposited to new forex trading accounts. As a forex investor, you only need to open a trading account with a Forex broker of your choice, and the no-deposit bonus credited to your account automatically. This bonus allows you to execute orders in real market trading conditions without risks or personal investments.
The no-deposit bonus is a sure way to place yourself on the billionaire roadmap, by joining the largest and most liquid financial market in the world. Forex trading has and will continue serving as a dependable source of income for many investors around the globe.
In this article, we will learn how the No-Deposit bonus is a great option for new investors, standard procedures for getting started and some of the rules to maintain while trading with these bonuses.
What makes the No-Deposit bonus a great option for forex newbies?
The forex no-deposit bonus can be a real value deal, especially to new forex traders. The amount of free forex bonus varies depending on the broker but often ranges between $10 and $100. Nevertheless, here are some ways in which you can benefit from such free cash bonuses on any forex trading platform.
It brings an opportunity to invest in the forex market without initial investment cost. Additionally, as a trader, you are not required to pay back the broker for crediting your trading account. Forex no-deposit bonus is an incentive given out by the broker, often with the goal to captivate new traders. An opportunity to test your trading skills and gain experience - With a live trading account, you get the chance to understand all the indicators and tools on your broker's platform. This helps you gain more knowledge on forex, and particularly how the platform works. Engaging in real live trading allows you devise investment strategies and check the most effective trading styles, thus gaining more experience in the global forex market. A no-risk opportunity to earn money - Even though profits can be relatively small, you can make money from a forex platform without paying a single dime to the broker. And in the worst-case scenario that you lose, you will not incur any personal loss.
Rules to Maintain.
While traders can withdraw profits made, it is not possible to withdraw the bonus itself. However, the withdrawal criterion differs and requires that traders meet specific conditions such as trading volume, extra deposits or additional account funding for a successful withdrawal. As a trader whose experience on forex trading is at the micro level, use this bonus to improve your money management skills so that you can deal with large portfolio trading later. Greater portfolios involve higher financial risks and demand more experience on the market trends and factors controlling asset value.
The free no-deposit bonus, however small, is a great deal for those who strive to make the best out of their forex investments. Use this opportunity to your benefit and trade according to the terms and conditions of your broker.
It is important that both brokers and traders learn from their mistakes. As a general practice, coming up with effective strategies and executing them properly is the only way to making more profits. Therefore, before making any decision, research on the benefits and issues associated with no-deposit bonus offers to avoid losses (cash and time).
Final Statement on the No Deposit Bonus.
The Forex No-Deposit Bonus is a very effective strategy for promoting brokerage. In fact, startup forex companies that offer these bonuses get known in the market within a few weeks. However, new brokers need proper planning and marketing strategies to ensure such promotion does not backfire and give the company a bad reputation. In the trader's point of view, the no-deposit bonus gives every trader a reason to join and earn money with the largest and fastest growing global market. Worth noting is that eligibility for no-deposit bonus depends on the broker's rules. Therefore, make sure you check the terms and conditions. One final tip for traders, take your time, learn forex and invest smartly not excessively.

admin

Currency trading online.
We offers a comprehensive suite of advanced education and research tools in order to not only enhance online trading and risk management skills, but to calibrate trading strategies as well.
Why Choose Us.
As traders in the retail and institutional fields ourselves, GH MT4 was created as a brokerage firm catering to premier traders handling multi-million dollar portfolios daily and enhance your investments.
Fair Distribution.
With no insider pre-sale or instant mining. Globalcoin seeks to be the most secure cryptocoin at the lowest cost, by rewarding all users for strengthening the network.
Getting Started with Global Holdings Business.
Globalcoin was launched in 2012, it's one of the oldest and most reliable cryptocoin networks in existence. Globalcoin's annual inflation rate has averaged below 5% during the year 2014, and continues to fall. For guaranteed returns, after Globalcoin are held for 30 days, they are eligible to earn a 1% annualized reward.
PREMIER PARTNER.
Globalcoin pays a generous percentage on all of our clients' closed transactions to ensure that our partners are constantly rewarded with one of best commission figures in the industry. Furthermore, we have also created a perfect balance of trading conditions for traders by offering the most profitable terms to our clients. Hence, most of our clients have been with us for many years.
PARTNERSHIP PROGRAMME.
GH MT4 is wholly dedicated to operating a superlative professional brokerage that meets the financial needs of all our local and international clients. We provide top-notch solutions for individual traders, independent brokers and large multinational corporate clients who are looking for the perfect hedge funds and investment assets for optimal long term profits. Set up a branch office in your region and be our partner.
CREATE YOUR OWN BRAND.
GH MT4 enables financial organisations to offer their clients the entire range of our trading opportunities under their own brand name. Our superb customised software and various business models are tried and tested in their own rights. Our trained and dedicated specialists will provide the necessary technical support during installation and setup of your trading platform.
Globalcoin was launched in 2012, making it one of the oldest and most reliable cryptocoin networks in existence. Globalcoin seeks to be the most secure cryptocoin at the lowest cost, by rewarding all users for strengthening the network.
Quick Links.
Beware!Phishing Site.
Recently, we've been getting reports about the phishing websites. The unauthorized use of the Globalcoin, proprietary information, and branded material in an attempt to mislead people seeking information concerning its Smart Contract Client and Digital Currency asset. So we'd like to ask you to take precautions.
■ What is Phishing?
- Phishing is a combination of ""Private data"" + ""Fishing"", which means to ""fish"" user's private information. - Phishing website is a replica of a particular website and it attempts to steal user's private information upon login. - They will use the fished data login into real account to conduct transfer.
■ How to Prevent.
- Always remember that GlobalCoin ONLY have 1 official website : www.glbcoin.com - Do not trust any kind of suspicious free in-app item events, or enter personal information on untrusted websites. - Do not tap on the URL that's sent via SMS or connect to untrusted websites.
■ Examples of a Phishing Website.
→ A phishing website would look similar to that right picture, and its address would also look similar except for the order of characters or the use of special characters.
→ You may get your private information stolen just by logging into the phishing website.
* Please note that Globalcoin will not be held responsible for any damages that may result from the identity theft via phishing websites.
We also found out that third party is using Globalcoin to run high interested ponzi scheme. We are consulting the International Cryptocurreny Chamber regarding legal action against the misleading parties. We want the Crypto community to know this company is not affiliated with the international cryptocurrency exchange market.

admin

Admiral Markets Group consists of the following firms:
Admiral Markets Cyprus Ltd.
Admiral Markets Pty Ltd.
Admiral Markets UK Ltd.
Reading time: 9 minutes.
Name a market that never closes during the working week, has the largest volume of the world's business, with people from all countries of the world participating every day. Yes, you guessed right - the Foreign Exchange Market (Forex). The market has arisen from the need for a system to facilitate the exchange of different currencies from around the world in order to trade. It is the premier financial market in the world, which reflects the financial dynamics of world trade quite clearly.
All trade here is a trade-off between the pairs of currencies from two different countries. The famous phrase 'money never sleeps' - coined by the well-known Hollywood movie 'Wall Street' - sums up the foreign currency exchange market perfectly. No matter what time of day it is, the Forex market will stay open from 5pm EST on Sundays until 4pm EST on Fridays, every week, 24 hours a day during trading days!
When you begin to trade Forex online, you may find yourself overwhelmed and confused by the sheer number of currency pairs available through the MetaTrader 4 trading terminal. What are the best currency pairs to trade? The answer isn't straightforward, as it varies with each trader. You need to take the time to analyse different pairs against your own strategy, to determine which are the best Forex pairs to trade on your own account.
This article will briefly describe what currency pairs are, and will assist you with identifying the best Forex pairs to trade. It will also explain what Forex majors are and whether they will work for you.
What are Currency Pairs?
Forex trading - or foreign exchange trading - is all about buying and selling currencies in pairs. For the buying and selling of currencies, you need to have information about how much the currencies in the pair are worth in relation to each other. This relationship is what defines a currency pair. A currency pair quotes two currency abbreviations, followed by the value of the base currency, which is based on the currency counter.
There is always an international code that specifies the setup of currency pairs. For example, a quote of EURUSD 1.23 means that one Euro is worth $1.23. Here, the base currency is the Euro (EUR), and the counter currency is the US dollar. Thus, each currency pair is listed in most currency markets worldwide. If you would like to learn more about Forex quotes, why not check out our article which explores the topic in greater detail?
Are Majors Really the Best Currency Pairs to Trade?
Not surprisingly, the most dominant and strongest currency, as well as the most widely traded, is the US dollar. The reason for this is simply the sheer size of the US economy, which is the world's largest. The US dollar is the preferred reference in most currency exchange transactions worldwide. It is the dominant reserve currency of the world.
The following currency pairs (listed below) are not necessarily the best Forex pairs to trade, but they are the ones that have high liquidity, and which occupy the most foreign exchange transactions:
EUR/USD (Euro - US Dollar) USD/JPY (US dollar - Japanese Yen) GBP/USD (British Pound - US Dollar) AUD/USD (Australian Dollar - US Dollar) USD/CHF (US Dollar - Swiss Franc) USD/CAD (US Dollar - Canadian Dollar)
The values of these major currencies keep fluctuating according to each other, as trade volumes between the two countries change every minute. These pairs are naturally associated with countries that have greater financial power, and the countries with a high volume of trade conducted worldwide. Generally, such pairs are the most volatile ones, meaning that the price fluctuations that occur during the day can be the largest.
Does this mean that they are the best? Not necessarily, as traders can either lose, or make money on the fluctuations. The aforementioned pairs tend to have the best trading conditions, as their spreads tend to be lower, yet this doesn't mean that the majors are the best Forex trading pairs.
What is the Best Currency Pair to Trade?
With over 200 countries in the world, you can find a handful of currency pairs to engage with trading. However, these currency pairs may not have the potential to deliver the best results to traders. So what is the best currency pair to trade? What do most traders trade? What currency pair is worth trading and why? Keep on reading this article to find out the answers to these questions and more!
Before analysing the best currency trading pairs, it is better to enhance our knowledge on the most popular currencies that can be found in the world of Forex trading. They include:
US Dollar (USD) Euro (EUR) Australian Dollar (AUD) Swiss Franc (CHF) Canadian Dollar (CAD) Japanese Yen (JPY) British Pound (GBP)
Out of these currencies you can find a few popular currency pairs. If you want to achieve success in Forex trading, you need to have a better understanding of the currency pairs that you trade. If you select any of the currency pairs we're going to discuss below, you will make trading much simpler for yourself, as lots of expert analytical advice and data is available on them.
Analysis of the Best Currency Pairs to Trade.
Let's take a detailed look at the currency pairs below:
USD/EUR - This can be considered the most popular currency pair. In addition, it has the lowest spread among modern world Forex brokers. This currency pair is associated with basic technical analysis. The best thing about this currency pair is that it is not too volatile. If you are not in a position to take any risks, you can think of selecting this as your best Forex pair to trade, without it causing you too much doubt in your mind. You can also find a lot of information on this currency pair, which can help prevent you from making rookie mistakes. USD/GBP - Profitable pips and possible large jumps have contributed a lot towards the popularity of this currency pair. However, you need to keep in mind that higher profits come along with a greater risk. This is a currency pair that can be grouped into the volatile currency category. However, many traders prefer to select this as their best currency pair to trade, since they are able to find plenty of market analysis information online. USD/JPY - This is another popular currency pair that can be seen regularly in the world of Forex trading. It is associated with low spreads, and you can usually follow a smooth trend in comparison with other currency pairs. It also has the potential to deliver exciting, profitable opportunities for traders.
All the major currency pairs that can be found in the modern world are equipped with tight spreads. However, this fact is not applicable to the USD/GBP currency pair, because of its volatility. It is perhaps better to avoid the currency pairs that have high spreads. The recommended spread by the trading experts tends to be around 0-3 pips. When it exceeds 6 pips, the trading pair may become too expensive, which can lead towards greater losses.
Still, it doesn't mean that you should totally avoid everything that has high spreads. The best way to trade sensibly and effectively in this regard would be to exercise risk management within your trading, so you can effectively manage the risks.
Special Pairs (Or Exotic Currency Pairs)
Typically the best pair for you is the one that you are most knowledgeable about. It can be extremely useful for you to trade the currency from your own country, if it is not included in the majors, of course. This is only true if your local currency has some nice volatility too. In general, knowing your country's political and economical issues results in additional knowledge which you can base your trades on.
You can find such information through economic announcements in our Forex calendar, which also lists predictions and forecasts concerning these announcements. It is also recommended to consider trading the pairs that contain your local currency (also known as 'exotic pairs'). In most cases, your local currency pair will be quoted against USD, so you would need to stay informed about this currency as well.
Conclusion.
The dynamics of foreign exchange trading is an interesting subject to study, since it can provide a boost to the world economy, along with the rise and fall of its financial fortunes. As globalisation becomes a bigger, more pressing issue for most countries around the world, the fate of these pairs is closely interconnected. Make sure you study the foreign exchange market extensively before making an investment.
There are many Forex pairs available for trading and it is highly recommended to try trading most of them before you choose a particular one to stick with. As Forex trading is risky, try it first on a Demo account with a virtual balance, which contains virtual funds of $10,000. Identifying the best currency pair to trade is not easy. The best way to accomplish this is through hands-on experience. Simply open a Demo account, and start trading on the live markets when you are ready, and you will be well on your way to success in the Forex markets!
Trade Forex & CFDs With Admiral Markets.
Professional trading has never been more accessible than right now! Admiral Markets offers professional traders the ability to trade on the Forex market directly and via CFDs with 80+ currencies, including Forex majors, Forex minors, exotic pairs and more! Open your live trading account today by clicking the banner below!
This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.

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Currency Trading Tools and Techniques.
Know the Language.
In Currency Trading, traders often use technical language that can be intimidating when you're just starting out. When you see a word you don't understand, you should refer to the Commonly Used Money Transfer Terms. As you familiarize yourself with the language, you'll find that your understanding of Forex concepts as a whole will improve.
Technical Analysis.
To develop a strategy, traders use a variety of tools and techniques. Some traders perform Technical Analysis by using Currency Charts to study the market. This technique assumes that past market movements will help predict future activity. The effectiveness of Technical Analysis makes it a very popular trading technique.
Fundamental Analysis.
Other traders use Fundamental Analysis for their trading strategy. They follow the effect of economic, social and political events on currency prices. Reading specialized Forex News can help keep you in touch with the Forex community to find out how events might affect currency prices.
Practice makes perfect!
Every trader makes mistakes, so it's a good idea to familiarize yourself with a trading environment before you invest your money. To improve your trading skills, try opening a free demo trading account with a Forex company.
Know the Risks.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Remember, you could sustain a loss of some or all of your initial investment, which means that you should not invest money that you cannot afford to lose. If you have any doubts, it is advisable to seek advice from an independent financial advisor.

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How Online Trading Works.
Legend has it that Joseph Kennedy sold all the stock he owned the day before "Black Thursday," the start of the catastrophic 1929 stock market crash. Many investors suffered enormous losses in the crash, which became one of the hallmarks of the Great Depression.
What made Kennedy sell? According to the story, he got a stock tip from a shoeshine boy. In the 1920s, the stock market was the realm of the rich and powerful. Kennedy thought that if a shoeshine boy could own stock, something must have gone terribly wrong.
Now, plenty of "common" people own stock. Online trading has given anyone who has a computer, enough money to open an account and a reasonably good financial history the ability to invest in the market. You don't have to have a personal broker or a disposable fortune to do it, and most analysts agree that average people trading stock is no longer a sign of impending doom.
­The market has become more accessible, but that doesn't mean you should take online trading lightly. In this article, we'll look at the different types of online trading accounts, as well as how to choose an online brokerage, make trades and protect yourself from fraud.
Review of Stocks & Markets.
Review of Stocks & Markets.
Before we look at the world of online trading, let's take a quick look at the basics of the stock market. If you've already read How Stocks and the Stock Market Work, you can go on to the next section.
A share of stock is basically a tiny piece of a corporation. Shareholders -- people who buy stock -- are investing in the future of a company for as long as they own their shares. The price of a share varies according to economic conditions, the performance of the company and investors' attitudes. The first time a company offers its stock for public sale is called an initial public offering (IPO), also known as "going public."
When a business makes a profit, it can share that money with its stockholders by issuing a dividend . A business can also save its profit or re-invest it by making improvements to the business or hiring new people. Stocks that issue frequent dividends are income stocks . Stocks in companies that re-invest their profits are growth stocks .
Brokers buy and sell stocks through an exchange, charging a commission to do so. A broker is simply a person who is licensed to trade stocks through the exchange. A broker can be on the trading floor or can make trades by phone or electronically.
An exchange is like a warehouse in which people buy and sell stocks. A person or computer must match each buy order to a sell order, and vice versa. Some exchanges work like auctions on an actual trading floor, and others match buyers to sellers electronically. Some examples of major stock exchanges are:
The New York Stock Exchange, which trades stocks auction-style on a trading floor The NASDAQ, an electronic stock exchange The Tokyo Stock Exchange, a Japanese stock exchange.
Worldwide Stock Exchanges has a list of major exchanges. Over-the-counter (OTC) stocks are not listed on a major exchange, and you can look up information on them at the OTC Bulletin Board or PinkSheets.
When you buy and sell stocks online, you're using an online broker that largely takes the place of a human broker. You still use real money, but instead of talking to someone about investments, you decide which stocks to buy and sell, and you request your trades yourself. Some online brokerages offer advice from live brokers and broker-assisted trades as part of their service.
If you need a broker to help you with your trades, you'll need to choose a firm that offers that service. We'll look at other qualities to look for in an online brokerage next.

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http://www.forexcharm.com - Forex is short for currency trading which is a practice that involves the buying and selling of currency. At first glance, Forex looks like a complicated way to earn money but you can easily grasp the concept if you just focus on a single pair of currencies. For instance, EUR/USD, GBP/USB, USD/JPY and USD/CHF are the most common pairs for trading/ USD/CAD, NZD/USD and AUD/USD are also very common pairs. You can also mix up these combinations so British pounds can be paired with Canadian dollars.
If you are familiar with stock trading, understand that currency trading is a bit different. The Forex market has no brokers so you won't get any commissions by trading. This means that you cannot buy currency on the bid price or sell currency at the offer price.
It also helps to understand some of the terms used for currency trading. Pip is one of those terms which means "percentage in point". If you check the currency values, you will notice that there are 4 decimal points instead of 2. This allows the smallest increment or pip to be traded. "Long" and "short are also key Forex terms to understand. You are considered "short" dollars and "long" yen if you are trading dollars for yen because you are basically losing the dollars for gaining yen. If you have a standard "lot" of a particular currency, you have 100,000 units of that currency.
Now that you know those basic terms, you can understand how a "carry" works. This involves making a lot of money by going long on a certain currency that has a high interest rate. The idea is to finance a transaction with a currency with a much lower interest rate. There is a possibility for the interest rates to shift so you end up losing a significant amount.
Basically, currency trading is risky business and you really have to understand how the whole market works so you can perform the right decisions so you always make money. Those that find it difficult to take on the market head on would go for a more automated solution. These solutions use sophisticated algorithms to analyze the market decisions and automatically make the most profitable decisions. It is these programs that make Forex trading really popular. Just make sure the program is backed up with some training or instructions so you can find out how to take advantage of the software like the pros.

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The Best Foreign Currencies to Trade for Potentially Making Big Money Doing Online Currency Trading.
All About Trading the Major Currencies now being traded online. A good date to learn more on how to trade foreign currencies markets successfully is today so study charts and look for market cycles, Gann angles and chart patterns, including resistance and support areas . The U.S. Dollar - is without a doubt the world's primary currency. All currencies are generally quoted in U.S. dollar terms. Under conditions of international economic and political unrest, the U.S. dollar is the main safe-haven currency which was proven particularly well during the past SE Asia financial crisis.
The U.S. dollar became the leading currency toward the end of the Second World War and was at the center of the Bretton Woods Accord, as the other currencies were virtually pegged against it. The introduction of the euro in 1999 did not lower the dollar's top importance.
The major exchange traded currency futures trading against the U.S. dollar bill are the Euro, Japanese Yen, British pound, Canadian Dollar and Swiss franc.
The Euro was designed to become the #1-currency for trading by simply being quoted in American terms. Like the U.S. dollar, the euro has a strong international presence stemming from members of the European Monetary Union. The currency remains plagued by unequal growth, high unemployment, and government resistance to structural changes. The pair was also weighed in the past decade by outflows from foreign investors, particularly Japanese, who were forced to liquidate their losing investments in euro- denominated assets. Moreover, European money managers re balanced their portfolios and reduced their euro exposure as their needs for hedging currency risk in Europe declined.
For those of you who actively trade (or desire to learn how to trade) the financial and futures markets, there are a lot of other things outside the markets you should be following. But, I guess my bigger message is for those of you that aren't in the futures markets, whether you trade them or not, the futures markets have a significant impact on what happens in the other financial markets, including forex, currencies, options and stocks. That's why you should soak up every piece of good trading knowledge like a sponge in a quest to clearly see the bigger picture.
The Japanese Yen is one if one of the most popular foreign exchange markets in the world; it sometimes moves in diverse trends vs othe currencies but has a much smaller international presence vs the U.S. dollar or euro. The yen is very liquid around the world, basically 24X7. The natural demand to trade the yen is concentrated mostly among the Japanese keiretsu, the economic and financial conglomerates.
The yen is much more sensitive to the fortunes of the Nikkei index, the Japanese stock market, and the real estate market. The attempt of the Bank of Japan to deflate the double bubble in these two markets had a negative effect on the Japanese yen, although the impact was short-lived.
The British Pound - Until the end of World War II, the pound was the currency of reference. Its nickname, cable, is derived from the telex machine, which was used to trade it in its heyday. The currency is heavily traded against the euro and the U.S. dollar, but has a spotty presence against other currencies. The two-year bout with the Exchange Rate Mechanism, has at times had a soothing effect on the British pound, as it generally had to follow the deutsche mark's fluctuations, but the crisis conditions that precipitated the pound's withdrawal from the ERM had a psychological effect on the currency.
Prior to the introduction of the euro, both the pound benefited from any doubts about the currency convergence. After the introduction of the euro, Bank of England is attempting to bring the high U.K. rates closer to the lower rates in the euro zone. The British pound could join eventually.
The Swiss Franc - is the only currency of a major European country that belongs neither to the European Monetary Union nor to the G-7 countries. Although the Swiss economy is relatively small, the Swiss franc is one of the four major currencies, closely resembling the strength and quality of the Swiss economy and finance. Switzerland has a very close economic relationship with Germany, and thus to the euros. Therefore, in terms of political.
Typically, it is believed the Swiss franc is a stable currency. Actually, from a foreign exchange point of view, the Swiss franc closely resembles the patterns of the Euro, but lacks good liquidity. As the demand for it exceeds supply, the Swiss franc can be more volatile vs the Euro currency market.

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How to Trade Forex.
Currency prices are constantly fluctuating against each other, offering multiple trading opportunities daily.
Trading Forex.
Unlike most financial markets, the OTC (over-the-counter) foreign exchange market has no physical location or central exchange and trades 24-hours a day through a global network of businesses, banks and individuals. This means that currency prices are constantly fluctuating in value against each other, offering multiple trading opportunities.
At City Index, you can speculate on the future direction of currencies, taking either a long or short position depending on whether you think the currency's value will go up or down. The below video shows you how to trade the EUR/USD currency pair with CFDs.
FX Trading steps.
1. Choose a currency pair.
Decide which currency pair you wish to trade. With over 65 currency pairs to choose from, picking a trading opportunity that's right for you is important. City Index's technical and fundamental research tools can help you spot currency trading opportunities to suit your trading style. We recommend that you take your time to understand the amount of price volatility associated with the currency pair to help manage your risk.
2. Decide on the type of FX trade.
There are three ways to trade forex with City Index Spread Betting, CFD or Forex Trading. Each has its particular stake size:
In spread betting you trade pounds per point movement In CFD trading you trade a quantity of CFDs in the unit of the base currency (currency on the left). For example if you trade GBP / USD your stake would be in Pounds, while in USD / JPY your stake would be in US Dollars In Forex trading you buy lots, in the unit of the base currency (currency on the left) For example if you trade GBP / USD your stake would be in Pounds, while in USD / JPY your stake would be in US Dollars (the minimum stake size is 1000)
3. Decide to buy or sell.
Once you have picked a market, you need to know the current price it is trading at, which you can do by bringing up an order ticket in the platform. All forex is quoted in terms of one currency versus another. Each currency pair has a 'base' currency and a 'quote' currency. The base currency is the currency on the left of the currency pair and the quote currency is on the right. Put simply, when trading foreign currencies, you would:
BUY a currency pair if you believed that the base currency will strengthen against the quote currency, or the quote currency will weaken against the base currency.
Your profits will rise in line with every increase in the exchange price.
Every fall in the exchange price below your open level, will net you a loss.
SELL a currency pair if you believed that the base currency will weaken in value against the quote currency, or the quote currency will strengthen against the base currency.
Your profits will rise in line with each point the exchange price falls.
Every increase in the exchange price above your open level, will net you a loss.
Spread - FX pairs have two prices. The first price is the sell price (known as the bid) and the second price is the buy price (also known as the offer). The difference between the buy price and the sell price is known as the spread, and is basically the cost of the trade.
4. Adding orders.
An order is an instruction to automatically trade at a point in the future when prices reach a specific level predetermined by you. You can utilise stop and limit orders to help ensure that you lock in any profits and minimise your risk when your respective profit or loss risk targets are reached.
While not compulsory, given the volatility in FX markets using and understanding risk management tools such as stop loss orders is essential.
A stop loss order is an instruction to close out a trade at a price worse than the current market level and, as the name suggests, is used to help minimise losses. There are two types of stop loss orders - standard and guaranteed.
A standard stop loss order , once triggered, closes the trade at the best available price. There is a risk therefore that the closing price could be different from the order level if market prices gap.
A guaranteed stop loss however, for which a small premium is charged upon trigger, guarantees to close your trade at the stop loss level you have determined, regardless of any market gapping.
A limit order is an instruction to close out a trade at a price that is better than the current market level and is used to help lock in price targets.
Standard stop losses and limit orders are free to place and can be implemented in the dealing ticket when you first place your trade, and you can also attach orders to existing open positions.
Learn more about risk management here.
5. Monitor and close your trade.
Once open, your trade's profit and loss will now fluctuate with each move in the market price.
You can track market prices, see your unrealised profit/loss update in real time, attach orders to open positions and add new trades or close existing trades from your computer or app on your smartphone and tablet.
6. Closing your trade.
When you are ready to close your trade, you simply need to do the opposite to the opening trade. Supposing you bought 3 CFDs to open, you would sell 3 CFDs to close. By closing the trade, your net open profit and loss will be realised and immediately reflected in your account cash balance.
Please note that City Index Spread Betting and CFD accounts are FIFO - to read more about this please visit our help and support section.
Forex trading examples.
Carefully look through the Forex trading examples here to ensure you understand how forex trading works.
Quick links.
Trade Forex with City Index.
You might also be interested in.
Pricing and Charges.
View spreads, margins and commissions for City Index products.
Trading platforms.
Take control of your trading with powerful platforms and tools.
Economic calendar.
View upcoming trading opportunities for the weeks ahead.
Trading with us.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread Betting, CFD Trading and Forex Trading are leveraged products. and your capital is at risk. They may not be suitable for everyone. Please ensure you fully understand the risks involved by reading our full risk warning.
△ Based on CFD spreads and financing competitor comparison on 28/08/2019.
* Spread Betting and CFD Trading are exempt from UK stamp duty. Spread betting is also exempt from UK Capital Gains Tax. However, tax laws are subject to change and depend on individual circumstances. Please seek independent advice if necessary.
† 1 point spreads available on the UK 100, Germany 30, France 40 and Australia 200 during market hours on daily funded trades & daily future spread bets and CFDs (excluding futures).
‡ Voted "Best Trading Platform", "Best Mobile Application" and "Best Spread Betting Provider" at the OPWA Awards 2019. Voted "Best CFD Provider" at the ADVFN Awards 2019. Voted "Best Cryptocurrency Trading Platform" at the 2018 OPWA Awards.
City Index is a trading name of GAIN Capital UK Limited. Head and Registered Office: Park House, 16 Finsbury Circus, London, EC2M 7EB. GAIN Capital UK Ltd is a company registered in England and Wales, number: 1761813. Authorised and Regulated by the Financial Conduct Authority. FCA Register Number: 113942. VAT number: 524837435.
City Index and City Trading are trademarks of GAIN Capital UK Ltd.

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Find out how you can access Citibank eFX with our v >
FX trading at your fingertips. Now available on Citibank Online and Citi Mobile ® app.
Set up your own Watchlist and track more than 30 currency pairs Live-streaming view of your favourite and recently viewed currencies, all in one page.
60-second lock-in on any FX rate you see. Each rate that you see is a real-time offer that you can instantly secure.
Limit Orders and Stop-Limit Orders You can set up a preferred FX rate at which the Buy or Sell Order will be automatically executed.
Timely and Customisable alerts Choose the currency pairs, set your target FX rates, and receive SMS or Email alerts when markets hit your desired FX rates.
Click on to expand and on to minimise the details.
Citibank eFX is an online platform that allows you to convert funds within your Citibank accounts into different foreign currencies.
You will need to open a Global Foreign Currency Account for the foreign currencies that you would like to trade in. Alternatively, you can apply for an Overnight Deposit which serves as a deposit facility to store your foreign currencies.
Customers should be mindful of the regulations in their country of domicile with regards to engaging in FX transactions. Citibank eFX is made available to customers on a non-solicited basis.
The Overnight Deposit is a deposit facility to store multiple currencies. This facility offers convenience to customers without a Global Foreign Currency Account by providing a debiting/crediting option for foreign currency transactions.
While the Overnight Deposit can be used for debiting or crediting purposes during an investment transaction or via Citi Online Foreign Exchange (eFX), it is not a transactional account and cannot be used for cash withdrawals, debit card payments or remittances. Balances in the Overnight Deposit may be non-interest bearing and can only be withdrawn via verbal instruction passed on to a CitiPhone Officer or Branch personnel.
Overnight Deposits are opened upon request when customers transact in Investment Products such as Time Deposit, Premium Account, Unit Trust, Portfolio Finance, etc.
Yes. You can select the Overnight Deposits account as the source of funds/debit account.
Instruct your Relationship Manager via a phone instruction after performing the necessary verification Face-to-face instruction with a bank officer at a Citibank branch Call the CitiPhone hotline at +65 6225 5225.
No, there is no administrative fee to open or maintain the Overnight Deposits account.
Citibank Online This online service is available 24/7. Simply logon to www.citibank.com.sg to access Citibank eFX. Citi Mobile ® App Trade and track your portfolio on the go! To do so, you will first need to download the Citi MobileВ® App from your Apple App or Google Play stores before logging in.
Click here to apply for a Citibank Global Foreign Currency Account. Register for Internet Banking on Citibank Online or on the Citi Mobile ® App.
The FX market is not traded on a regulated exchange like stocks and commodities, but rather a network of financial institutions and retail brokers. The FX market is available for trading 24 hours a day, five days per week.
Limit Orders : FX OrderWatch service is only available on weekdays (Mon-Fri) and is not available at the following timings: On weekdays (Mon-Fri), during system downtimes: 11:00pm вЂ" 11:20pm 03:00am вЂ" 07:00am On weekends (Sat-Sun) On gazetted public holidays in Singapore or United States On days when commercial banks and FX markets are not open for business in the country of your selected trading currency.
Spot Orders : The maximum transaction limits for Spot Orders are: Monday 00:00am вЂ" Friday 11:59pm: US$3,000,000 Saturday 00:00am вЂ" Sunday 11:59pm: US$25,000.
Citibank eFX allows you to trade up to 10 different currencies:
USD United States Dollar EUR Euro JPY Japanese Dollar GBP British Pound SGD Singapore Dollar HKD Hong Kong Dollar AUD Australian Dollar NZD New Zealand Dollar CAD Canadian Dollar CHF Swiss Franc Dollar.
You can place a Market Order, Limit Order or Stop-Limit Order.
A Market Order or commonly known as a spot transaction, allows you to place a buy or sell order at the current market price. Settlement is immediate and the currency purchased will be credited into your account immediately.
A Limit Order is an instruction to buy or sell a currency at a price you specify. The order will only be executed when the prevailing market price reaches your specified price. It allows you to monitor the market and wait for your preferred pricing in a volatile market.
A Stop-Limit Order is executed when a specified target rate is achieved for the purpose of cutting loss or entry upon conditions being met. A Stop-Limit Order is only executed at the next traded price from the specified target rate.
For FX OrderWatch (Limit and Stop-Limit Orders), instructions placed will expire if the orders are not filled before the expiry date.
For a Limit Order placed in Citibank eFX - OrderWatch, funds corresponding to the value of your Limit Order will be set aside and held in your debit account (“Hold Balance”). The Hold Balance will be maintained for the duration of the Limit Order and will be released after the order is executed, expired or deleted.
During this time, you will continue to earn interest on the Hold Balance if your debit account is an interest-bearing account. However, you will not be able to access or withdraw your Hold Balance until the hold is released.
Buy Limit Order is placed at or below the current market price. Sell Limit Order is placed at or above the current market price.
Buy Stop-Limit Order is placed at or above the current market. price. Sell Stop-Limit Order is placed at or below the current market price.
Sell Stop-Limit Order allows you to create a “floor” for your position to limit losses. For example, the current market rate for USD/SGD is 1.42 and a stop-limit order is placed at 1.40. The order is triggered when USD/SGD falls to 1.40 and becomes a market order that is executed.
In comparison, if a Sell Limit Order is used instead for the same purpose (Order placed at 1.40 when prevailing USD/SGD is 1.42) , the Sell Limit Order will be executed instantly at 1.42 since the current market price is above the target price.
You have the option of setting the expiry period for 24 hours, a week or a month (calendar days). All orders will expire at 9.00am on the expiry date.
If you would like to continue with a lapsed order, you will need to submit a new order.
eFX Market Order (Spot): Weekday (Mon - Fri, 00:00am вЂ" 11:59pm) Minimum trade amount is US$1.00 and maximum trade amount is US$3,000,000.00.
Weekend "Weekend Mode" (Sat вЂ" Sun, 00:00am вЂ" 11:59pm) Minimum trade amount is US$1.00 and maximum trade amount is US$25,000.00. Counter rates only.
eFX Order Watch (Limit): Minimum trade amount is US$500.00 and maximum trade amount is US$3,000,000.00.
For Market Orders, upon your trade confirmation, the currency sold will be debited from your account and the new currency purchased will be credited into your Global Foreign Currency account or a new Overnight Deposits account. Limit and Stop-Limit orders are only triggered and fulfilled when the target price has been met.
Please note that orders which are executed during Night Mode (after 11:00pm) may only be valued in the morning after 09:00am. Accordingly, your funds may be unavailable until the corresponding holds are released after the limit orders are valued.
Not directly. To make a withdrawal or transfer of your balance in the Overnight Deposits account, you will first need to open a Global Foreign Currency account in the denominated foreign currency. Thereafter, you can instruct your Relationship Manager to transfer the balance from your Overnight Deposits account into your Global Foreign Currency account, and withdraw from the Global Foreign Currency account.
There are no transaction fees charged but the executed FX rate will be the customer "All in Rate", which is different from the prevailing interbank market rate at the time of the execution as it includes a Bank spread ranging from 0.10% вЂ" 1.20% determined by the Bank in its discretion according to the amount placed. For amounts above US$3,000,000, please contact your Relationship Manager directly or call the Treasury Hotline +65 6334 2688.
Yes. eFX transactions will appear in the respective debit and credit account in your monthly statement.
Yes. The Overnight Deposits account will appear in your monthly statement. It is segmented into the different currencies which you hold.
For Market Orders and OrderWatch(Limit and Stop-Limit Orders), these accounts can be used:
Debit Checking/Saving to Credit Checking/Saving Debit Checking/Saving to Credit Overnight Deposits and vice versa Debit Overnight Deposits to Credit Overnight Deposits.
Log on to Citibank Online www.citibank.com.sg.
Under the Wealth Management tab, select “FX Trading”.
Enter the One-Time PIN (OTP) displayed on your Online Security Device or request for a OTP via SMS.
You will be greeted with your Watchlist (landing page). By default, these 5 currencies will be displayed.
Under “Watchlist” tab, click on ‘Add New Currency Pair’. Up to 20 currency pairs can be added to your watchlist.
Search for your currency pair in the textbox or scroll through the list of currencies.
New currency pair AUD/SGD is added to the list.
Under “Watchlist” tab, click on Edit Watchlist.
Drag and drop the currency pairs to re-arrange. Click on ‘Save Watch list’ when done.
AUD/USD has been rearranged from the top to the bottom.
Under ‘Trade FX’ tab, select your buy/sell currency pair.
Select ‘Market Order’ for the order type.
Input your trade details.
Select your Debit and Credit account.
Indicate the amount you would like to convert in base or foreign currency.
Verify your trade details and confirm the trade before the countdown timer expires. The rate displayed is only valid for 60 seconds.
Trade confirmation that the FX conversion is successful.
Under ‘Trade FX’ tab, select your buy/sell currency pair.
Select ‘Order Watch’ -> Limit or Stop-Limit for the order type.
Input your trade details.
Select your Debit and Credit account.
Indicate the amount you would like to convert in base or foreign currency.
Input your desired target rate.
Select your expiry date.
Under “FX Alerts” tab, you can set alert preferences: Select the relevant Alert Channels. You can choose to receive the message via email and/or SMS. Click on ‘Save’ once you’re done.
Rate Alert вЂ" Receive alerts when the market rate reaches the designated buy/sell alert rate.
Trade Confirmation Alert вЂ" Receive alerts when the Market order is executed.
Order Watch Expiration вЂ" Receive alerts when the Limit / Stop-Limit order has expired.
Order Watch Execution вЂ" Receive alerts when the Limit / Stop-Limit order is executed.
To create a new FX alert, click on ‘Set up Rate Alert’
Scroll down to select your preferred currency pair or search using the text field. Click on ‘Add’
Input your preferred buy/sell alert rate and select an expiry date. Click on ‘Save’
Receive confirmation that your new FX Alert has been successfully set up. To continue setting up new FX Alerts, select ‘Set Up New’.
Under “Order History” tab, select your account from the dropdown list to view your transaction history. Click on ‘Details’ to view more information.
Upon clicking on ‘Details’, the Order Details screen will appear.
Under "Order History" tab, select your account from the dropdown list to first view your transaction history. Click on "Modify"
Input the new Target Rate and Select a new Expiration Date.
Verify your new Order Details and confirm changes.
Receive confirmation of the changes. Click “Trade Again” to place another trade or “Back to Orders” to return to “Order History” tab.
Under "Portfolio" tab, a snapshot of all your Checking, Savings and Overnight Deposits accounts will be displayed. To view more information about each account, click on the account number or 'Order History.
When you click on either the account number or 'Order History', your transaction history will be displayed. Outstanding orders will also be displayed and you can modify or delete your order.
The above examples and screenshots are hypothetical and provided for illustrative purpose only. The scenarios are not based on the past performances of foreign currencies. Citibank is not making any prediction of future movements in foreign currencies by virtue of providing the illustrative examples. It does not represent all possible outcomes or describe all possible factors that may affect the payout of a transaction in Citibank eFX.
Any customers using Citibank eFX acknowledge and accept that all transactions they make are made solely upon their judgment and at their discretion and own risk. Nothing in Citibank’s brochures, investment reports and/or any of Citibank’s material supplied to the customer, nor any customer investment profiling conducted for the customer, shall be construed as Citibank’s investment advice as regards the relative attractiveness of one investment option over another. Investors investing in investment and/or treasury products denominated in non-local currency should be aware of the risks of exchange rate fluctuations that may cause a loss of principal when foreign currency is converted back to the investors' home currency. Foreign currency trading is subject to rate fluctuations, which may provide both opportunities and risks. Customers who have any questions about their legal or tax positions as a result of opening an account with Citibank or effecting any transaction on an account with Citibank should engage an independent legal or tax adviser as they consider appropriate.
Exchange controls may apply from time to time to certain foreign currencies. Our Treasury Services Managers and Relationship Managers may assist customers with information on any exchange controls that are relevant to the currencies in which they invest. Placing contingent orders, such as “stop loss” or “stop limit” orders, will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders.
Citibank's full disclaimers, terms and conditions apply to individual products and banking services. This communication does not constitute the distribution of any information or the making of any offer of solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such document or to make any offer or solicitation.
This website is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey and Jersey.

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Currency Trading Strategies.
Here we will look at how to get the best currency trading strategy for you in terms of matching it to your personality so you can follow it with confidence and discipline. It's critical that the trading method you use is one you are comfortable with in terms of - its risk parameters, its trading style and you understand exactly how and why it works so you can follow your trading signals with discipline. There is no one best way of trading currencies there are many different ways but the key is really to find a method that fits your personality and you have confidence in.
Its easy to build your own trading strategy for profit but if you do not wish to do this, you can get ready made trading systems which you can follow and if you want to do this, check out the Best Currency Trading Systems which are automated and find a great free trading robot which has a proven track record of growth, going back 30 years. Now lets look at how to build your own method to trade currencies for profit.
FOREX Trading Strategies that Work.
We will go through some trading methods that work but before we do this, its worth pointing out that most beginners pick strategies which will NEVER work and lose money so it's important you don't try any of the following - scalping or day trading strategies, FOREX robots and so called Expert Advisor's, with perfect market timing and show big profits and just small dips in equity. There are many trading programs sold online which tell you that, you can get rich by following auto trading strategies but the trading signals always lose money. Trading currencies involves taking losses and having dips in equity which can last for weeks or longer but over the longer term, a trading system based on sound logic, will make you profits. So how do you choose the best FOREX trading strategies and pick one which matches your personality? Let's take a look and give you some advice on finding the right method.
Time Frames to Trade.
First you need to pick your time frame to trade currency pairs with and there are two time periods which are the best. Your trading method can be longer term, where you look to trade trends which last for weeks or months in duration i.e. trend following or can trade overbought/oversold levels and ranges which is shorter term, with trades only lasting a few days. We haven't suggested day trading or scalping because - the time frame is to short to make money in and you will lose doing it so your choice is really between swing trading trading channels or ranges) or contrary trading (trading trend reversals) and trend following (trading longer term trends) - all these strategies can work so which one should you choose to put in your trading plan?
If you are patient and don't have much time to trade then trend following will suit you but if you like excitement lack patience or your a beginner, swing trading is a great place to start because it requires very little discipline and most beginners tend to lack discipline. Contrary trading methods suit traders who lack patience as well but be warned - you do need discipline to cut losses quickly but this is a great way to trade because if your market timing is right it offers the best risk to reward.
You can then start to put your trading strategy together and be based on technical analysis and using charts. All you need to do is look at the chart formations and use a few trading indicators, to confirm your trading signals and you will have a system which can make money in currency trading.
Best Currency Trading Techniques - Breakout Trading.
If you are trading currencies one methodology you should consider is breakout trading which is a strategy designed to enter trading signals on breaks of trading ranges in various time frames. It's easy to have confidence in it because - it's easy to understand, apply and can be done by just trading price action, with no trading indicators. You can also get a free price action breakout trading system on this site which is one of the best of all time by simply clicking the free info section on this site. Now let's look at putting a trading method together and making profits with it.
Simple FX Trading Strategies for Success.
Simple trading techniques work best in currency trading so keep your FOREX trading strategy simple and robust because, if you clutter it with to many inputs, it will end up failing to make money. The aim in FOREX trading is to make money and is not to prove you are clever! People think if they make lots of effort and build complex trading strategies they should be rewarded by the market but the market doesn't reward complexity, it punishes it and complex trading strategies always fail to make money. Currency trading is an odds market and in an odds based market, you need to keep your trading strategy very simple.
While all trading methods are different, the best tend to share certain characteristics in common. Below, you will find the principles the best trading strategies are based upon.
Getting an FX Trading strategy for Trading Success.
A winning currency trading strategy will contain the following elements:
It will be simple and robust with only a few inputs to generate trading signals.
It will trade the reality of price change and not be predictive by nature.
It will be Based on swing trading, trend following or on trend reversals.
It will have strong money management.
It will keep losses small.
It will have the ability to hold and run profits to exceed losses.
It will have easy to Understand Logic so You can have confidence in it.
It will trade all markets and be able to make money in them with no change of rules or parameters.
All the Best Strategies - Have Strong Money Management.
There are many different ways to trade currency pairs but all the best Currency Trading Techniques which make profits, will have strong money management and it's essential your trading method does too. You need to focus on your stop loss order placement as much as your trading signal entry level. A trade should be placed and the stop loss order should be placed at the same time as you enter the market - don't use mental stops! This is because, you will be tempted to over ride them and let losses run.
You will lose at times and its the ability to keep losses small which will allow you, to stay in the game until you hit profits again. Don't make the mistake which many traders do which is to put their stop, just behind the first level of resistance. If you place your stop to close it will be taken out with the majority of losing traders and its impossible (despite what many so called experts or gurus tell you) to trade FOREX and make money with stops of 10 -30 pips. It looks like it reduces the risk but it doesn't, it increases it as your stop is simply to close to your entry signal so you will just end up losing.
Profitable Currency Trading Strategies.
If you want to find currency trading strategies that can make you money and help you enjoy currency trading success, then the above check list should help you and always remember - keep it simple, trade the reality of price change, protect your equity and you can make a lot of money trading currencies. You can easily devise your own trading method for success and there are also many Free FX Trading Strategies you can use or adapt but which ever method you choose, you must always keep in mind, that to make money with your strategy, relies on your self control and discipline which will help you turn its potential into profit.