Archive for the ‘Forex’ Category

ETX Capital MT4 Platform

ETX Capital MT4 Platform Review

ETX Capital offer three different platforms for traders, and the MetaTrader 4 is one of them. MT4 is one of the leading online trading platforms and is a popular choice for online forex trading. When ETX Capital acquired Alpari in March 2015, they sought to provide a familiar trading environment for Alpari clients and that is why they installed the same MT4 servers. With the ETX Capital MT4 platform you can trade a wide variety financial markets including the indices, commodities, equities and currency markets.

Is ETX Capital MT4 Platform Right For You.

The platform is popular choice for:

  • Forex, Spread betting & CFD traders
  • Traders who want to use automated Expert Advisors (EAs)
  • Trading micro lots
  • Traders who want to use hedging
  • leveraged trading
  • Visit the ETX Capital MT4 page and find our more.

    Trading

    For traders who prefer automated trading, this is the platform that provides it. ETX Capital has an AutoTrader platform that facilitates the use of automated Expert Advisors (EAs). Traders using EAs can set parameters for their trades and then wait for the automated responses. The advantage that traders get with this option is that one does not have to be in front of a computer to open or close trades. With MT4 automated trades, ETX Capital is responsible for the hosting while the traders provide the Expert Advisors.

    On The MT4 trading platform, ETX Capital has made sure that traders can take advantage of the all the opportunities available. The one click trading feature is what makes this possible.

    Another trading advantage that the ETX Capital MT4 platform offers is the ability to support multiple charts. Information is very crucial when trading and that is what charts provide. With multiple ones, traders get real-time data that they can use for decision making. The environment in different markets keeps changing, and it is essential to monitor them when trading. Real-time data shows all the fluctuations that may be taking place.

    The ETX Capital MT4 platform has a watch list feature. As the name suggests, this lists enables a trader to keep an eye on specific markets. With the drop and drag function on the platform, traders can add particular markets to the list.

    Trading on the MT4 platform offers traders favourable leverage rates of up to 400:1. Such margins increase the potential returns that a trader can get. Traders can also use micro lots, meaning that it is possible to trade smaller.

    MT4 on Mobile

    ETX Capital has a mobile app for the MT4 platform. Even with automated trading, traders still appreciate mobile apps. Traders can download the app on Android devices and iPhones and iPads from Google Play Store and iTunes. A trader can also get the app on Windows Mobile. Mobile apps are available in multiple languages.

    Visuals and Speeds

    Like other ETX Capital platforms, the MT4 is black in colour. Its tools are in red and blue buttons, so they are pretty easy to see against the black background. The layout does not have any complexities, making trading uncomplicated.

    When it comes to speed, ETX Capital has fast platforms. Traders can log into their accounts without experiencing lags.

    Signing Up

    The sign-up process on the MT4 platform is straightforward. ETX Capital provides a secure page where traders submit their details for sign up. There is also a registration bonus on sign up, and a trader has to tick a box to accept. The broker also offers a first deposit bonus that is dependent on several terms and conditions.

    The MT4 platform may seem a bit complex for some people, but ETX Capital offers educational resources that a trader can use. To find out more about what this top brokerage offers read our ETX Capital review.

    BrokerNotes to Launch World’s First ‘Dogerage’

    April 1st – BrokerNotes, a website that has helped over 45,000 traders find a suitable brokerage, has announced plans to launch the world’s first ‘dogerage’, a brokerage focused on trading the popular dog meme-themed cryptocurrency, Dogecoin.

    Screen Shot 2016-03-31 at 14.48.15

    Dogecoin is a decentralized peer-to-peer digital currency that was launched in 2013, making it the first digital currency to be based on an Internet joke. It recently became the national currency of the Kingdom of Enclava, a micronation between Croatia and Slovenia that was formed in 2014 after a cartographical discrepancy along the Slovenian border was discovered.

    In three years, the fun and friendly digital currency has soared to a market capitalisation of $22,506,012, making it the seventh most-popular crypto-currency in circulation. Despite this, forex brokers are slow to offer Dogecoin trading to their clients.

    BrokerNotes aims to capitalise on this trend by offering retail traders the opportunity to trade canine-themed currency pairs, such as DOGE/JPY (‘puppy’), DOGE/CHF (‘lassy’), and DOGE/RUB.

    A spokesperson for BrokerNotes said “No see future without Dogecoin. Much currencies. So much trading. Wow.”

    Screen Shot 2016-03-31 at 12.12.05

    About BrokerNotes:
    Founded in 2014, BrokerNotes is a leading broker comparison site used by over 45,000 traders to find a suitable broker to trade with. For more information visit https://brokernotes.co

    Five Best Forex Brokers for Large Accounts in 2017

    best stock trading platform UK

    Choosing the best Forex broker for large accounts can be a challenging task because many brokers are advertising themselves as the best in the market. If you are looking for a Forex broker for large accounts, the three factors you need to consider are: how financial secure is the broker, the reliability of the trading platform for large volumes and the regulation. Here is the list of five best Forex brokers for large accounts in 2016.

    1. ETX Capital

    The London based broker ETX Capital is authorised and regulated by the Financial Services Authority in the UK and a member firm of the London Stock Exchange. The firm offers multi-market and multi-asset derivatives through CFDs and spread betting products.

    Accounts

    There is only one standard account at ETX Capital with a minimum deposit of $100 and there is no maximum trade.

    Platforms

    ETX Capital offers 3 top trading platforms, all of which are available on the iPhone, iPad and Android devices. It also offers tight spreads on a range of different products.

    Education

    ETX Capital focuses on educating their clients. Their seminars are geared to traders of all knowledge levels. ETX Capital also offers completely free online webinars, both live and pre-recorded.

    Customer Support

    The ETX Capital website is available in over 20 different languages with a 24/7 telephone customer support. Customer support is also available via email and Chat.

    Conclusion

    ETX Capital is known for its reliability and integrity. The outstanding track record and the many awards that they have earned are a proof of their high standards and responsibility. Read our detailed ETX Capital review for the pros & cons of their trading platform.

    2. IronFX

    IronFx is a large brokers firm with over 50 offices worldwide. The firm is regulated and authorised by FCA, FSP, CySEC, ASIC, FSP and CRFIN. In addition, the company is a member of Eurex and MiFID compliant and EU regulated.

    Spreads and Leverage

    With STP/ECN services, it offers one of the tightest spreads in the Forex industry. IronFX allows scalping strategies within its trading framework and leverage up to 500:1 is also available.

    Platform

    Each platform can be modified, depending on your desire for fixed or variable spreads. The latest in SSL technology is used to encrypt all trading sessions, thereby safeguarding your personal identity information from hacking of any kind.

    Types of Trading Accounts

    • Micro Accounts
    • Premium Trading Accounts
    • Business Trading Accounts
    • Cash Rebate Accounts
    • STP/ECN Accounts.

    Deposits and Withdrawals

    There are no limitations on deposits with IronFX. Local withdrawal requests are handled fast, as long as the required documentation is on file.

    Spreads

    IronFx earns from spreads added to the quotes depending on the type of trading account as well as the currency pair traded.

    Safety of the funds

    IronFx is able to provide their clients with an Investor Compensation Fund scheme which is authorised and regulated by CySEC. IronFx trading platforms also provide traders with an automated risk management system. Client funds are held in segregated accounts with Tier 1 banks like Bank of America.

    Customer Support

    Customer support is available in over 46 languages with a 24/7 access via email, live-chat, fax or direct phone line. Experts in the industry also post daily commentary, which complements training and support materials.

    Conclusion

    Because it is a legitimate and regulated broker, the London Stock Exchange has actually cited IronFx as one of the front runners in the field.

    3. Core Spreads

    Core Spreads Forex is one of the top UK spread betting site operating under the supervision of the Financial Conduct Authority (FCA). It is registered in England with the registration number #07073412. The firm has fixed trading and tight spreads over the long term.

    Trading Market

    Core Spreads trading markets include Forex pairs, U.K. shares, commodities, indices and many others. Main instruments include the EUR-USD Spot, GBP-USD Spot, Gold Spot, US Tech 100 Cash, UK100 Cash, Germany 30 Cash and Wall Street 30 Cash.

    Spread Betting Platforms

    The Core Spreads trading platform uses a secure, reliable and multi-channel trading platform. The platform is available on desktop, iOS and Android phones.

    Safety of the funds

    • Core Spreads uses Services Compensation Schemed that safeguard funds up to £50, 000 that protects the spreads up to £5, 000
    • Traded funds are maintained in segregated accounts.

    Site Strengths

    • Clutter-free trading
    • Welcome bonus of up to £10,000
    • Minimal charges
    • Tight spreads.

    Conclusion

    This trading platform provides accurate and reliable data; it warns of the risks and displays information in spite of the potential benefits it would otherwise gain.

    4. 24Option

    24Option is an Established online binary options broker based in Cyprus. The broker is currently under the management of Rodeler Ltd. It is regulated and licensed by the Cyprus Securities Exchange Commission (CYSEC) under the license number: 207/13. 24option is also a member of the Investment Compensation Fund.

    Trade Types

    • Classic Binaries
    • One Touch Binaries
    • Boundary Binaries
    • Short Term Binaries

    Trading Accounts

    • Standard Accounts
    • Gold Accounts
    • Platinum Accounts
    • Diamond Accounts
    • A free demo account.

    Customer Support

    24option offers a 24/7 Customer Support in 17 major languages. You can access the support team via email, live chat and telephone.

    Site Strengths

    • Attractive incentives and benefits
    • Secured trading platform
    • Wide coverage of markets
    • A range of educational resources.

    Conclusion

    24option is a reputable broker in the Industry. In addition, the range of incentives that 24option offer to traders is certainly one of the most attractive around.

    5. Easy Forex

    Easy Forex was founded in Cyprus in 2001 where it has its headquarter. It is licensed with Australian Financial Services (AFS); License no. 246566 and licensed by Australian regulator ASIC and other similar regulatory bodies in the EU.

    Safety

    The firm protects its clients from fraud by the firm’s employees through internal auditing. Easy Forex employs internet security which guarantees the privacy of client information by allowing secure the safe transfer of the client’s data. Two layers of top class firewall systems at the server are implemented to protect against unauthorised access.

    Account Types and Deposits

    Easy Forex has tailored a variety of accounting packages that cater to the needs and expectations of customers. Instant crediting of credit card deposits eliminate the waiting period associated with most other brokers.

    Customer Service

    The customer service personnel use phone support and are also available through email, and are available during the Forex sessions. Easy Forex conducts live training by telephone, video charts, tours services and an online information centre assisting in the learning process of the beginner.

    Trading Platform

    The Easy Forex uses, a web-based interface for its trades. This offers you great flexibility since you can trade without having to install any software. Easy-Forex uses both the MetaTrader4 and a web trading platform. You can access the platform 24/7 and online trading runs every day except Sundays.

    Advantages of Trading with Easy Forex

    1. Easy forex does not misquote your orders.
    2. Easy forex has a wide choice of base currencies, which negates the currency conversion occurred during deposits and withdrawals.
    3. Easy forex has the Inside Viewer which allows you to view the positioning of your fellow traders.
    4. Spreads are fixed in all markets traded keeping the spread tight.
    5. The MetaTrader platform is well-known and reliable.
    6. Accounts can be started with as little as $25.
    7. Simple and quick deposit process, since you can use a credit card, Wire Transfer and PayPal.

    Conclusion

    Easy Forex has been one of the major players in the online retail forex brokerage industry for almost a decade. It is known for its well-established security structure
    imagecredit:Teresa

    Spread Betting vs Forex Trading: What’s the Difference?

    spread betting vs forex

    What is the difference between spread betting and forex trading?

    Foreign exchange is a vital part of today’s interconnected global economy. Companies require foreign exchange for paying for goods in another currency and dealing with international employees. People require it whenever they are travelling abroad, paying for their child’s education or paying mortgage for real estate overseas. This guide is designed to help investors and individuals understand the basic differences between spread betting and forex.

    Understanding Forex Trading

    Traditional forex trading in simple terms is selling a particular currency and getting another currency in exchange, as per the existing exchange rate between those two currencies. For example, a trader will sell GBP£ 100 to get approximately US$ 140 at a rate of 1GBP=1.4USD. If the price of the held currency rises, in this case USD, the trader can make a profit by selling the USD. The difference between the buying and selling rate is the trader’s profit. There is no universal exchange, so most of the transactions are made over the counter, where individual buy and sell transactions are matched. Once a deal is finalised, known as a spot deal, there is an exchange of the currencies between the two parties.

    Understanding Financial Spread Betting

    Spread betting is different from the traditional forex trading in various ways. In spread betting, there is no actual exchange of the currency or purchase of the financial instrument that is being traded. Spread betting involves taking a position based on anticipating whether the price of a financial instrument will increase or decrease in the future. This form of betting means an investor will win or lose money based on the marginal variation of a particular outcome and the expected value spread quoted by the spread betting brokerage. Besides foreign exchange, spread betting can be conducted on a wide range of financial instruments, including interest rates, individual share prices, indices, price of commodities etc. Depending on how a trader expects the market to move, he/she can either put in a ‘Long Buy’ (anticipating a rise in price) or a ‘Short Sell’ (anticipating a fall in price). Spread betting is further illustrated by these examples:

    Case 1: The trader expects the price of the financial product to rise. The trader assumes that the GBP to USD exchange rate will increase, assuming the exchange rate is 1GBP=1.14USD. The trader places a bet of £20 for every 0.1-point rise in the exchange rate. (long position). With this, there will be two possible outcomes:

    • If the exchange rate increases from $1.14 to 1.70 (a 0.56-point rise), then the trader’s profit will be 56 X 20, which is £1120.
    • If the exchange rate fell from $1.14 to 1.02 (a 0.12-point fall), then the trader’s loss would be 12 X 20, which is £240.

    Case 2: The trader expects the price of the financial product to fall. The trader assumes that the GBP to USD exchange rate will decrease, assuming the exchange rate is 1GBP=1.14USD. The trader places a bet for £20 for every 0.1-point fall in the exchange rate. (short position). There will be two possible outcomes:

    • If the exchange rate increases from $1.14 to 1.70 (a 0.56-point rise), then the trader’s loss would be 56 X 20, which is £1120.
    • If the exchange rate fell from $1.14 to 1.02 (a 0.12-point fall), then the trader’s profit would be 12 X 20, which is £240.

    The profit or the loss with respect to spread betting depends on two things.

    • The stake size, which is the amount an investor bets for every point increase.
    • The points drop or gain of the underlying financial product, which the investor has put his/her money in.

    What Are The Pros And Cons Of Both Investments?

    Investors should be aware of the pros and cons of both investments before making any financial decisions:

    • The biggest advantage of spread betting is that none of the profits are taxed. Forex trading is not tax-free, as you have to pay capital gains tax, as well as stamp duty.
    • In spread betting, you need to put in only a fraction of the money you trade. This is known as margin trading. This means traders can trade in high value since they have to put down only a fraction of this price as the initial stake, if the price moves in the way desired by the trader the profit can be much more that in forex trading. However, the inverse is also true. The loss can be significantly higher as opposed to forex trading, if the movement in price is opposite to what is desired by the traders. In traditional forex trading, the trader has to put down the entire amount of the trade, so the profit or loss is limited to the amount the trader has put down in the trade
    • Forex trading being a long established industry is regulated to a higher extent, as compared to spread betting. Traditional forex trading is provided by more established brokerages or financial institutions such as banks that provide accounts in multiple currencies. Because of this it is always best practice when choosing a spread betting provider to always consider going with a regulated brokerage.It is important to note that because spread betting involves high leverage the potential of losses from spread betting can be enlarged.

    Best Forex And Spread Betting Providers

    Traders and individuals that want to trade forex, binary options and spread betting will benefit from working with a long established and trusted broker like ETX Capital. If you would like more information on ETX Capital, read our full review of ETX Capital here.

    If you would like to see the best spread brokers available, read our comparison of spread betting brokers.

    Other key firms dealing with binary options, spread betting and forex include ZuluTrade, AxiTrader and Spread Co.

    Traders and individuals should keep in mind that their capital is at risk when they make any investments.

    image credit:Ken Teegardin

    5 Best Day Trading Platforms for Trading Forex

    day trading platforms

    The Top Five Best Forex Day Trading Platforms

    Day trading on the Forex markets is a growing industry with countless traders throughout the world conducting trillions of dollars in trades every day. Thanks to high-speed Internet and access to platforms via mobile devices, this method of trading has become exceedingly popular during the past few years to the retail trading community. With the increasing popularity of retail day trading, there has been an explosion of brokers entering the market attempting to capitalise on the growing industry. Before you start trading it is important to consider the quality of the brokers and a definite must before making any kind of deposit with a broker is to ensure they are regulated by a trusted regulatory body like the Financial Conduct Authority in the UK – this is why we have only included regulated brokers in this list. Apart from regulation there are some sure-fire signs of a quality electronic broker. Most experts note that these metrics include:

    • Access to real-time news feeds.
    • Concise and accurate trading data.
    • The ability to choose from a wide spectrum of currency pairs.
    • An intuitive and clear trading platform.
    • Superior levels of customer service.

    Now that we can appreciate the basic factors to take into account, it is prudent to briefly examine what many believe the be the five most efficient and reliable trading platforms on the market today.

    1. ETX Capital

    ETX Capital was founded in 2002 and since this time, it has been considered one of the most reliable trading platforms available. One benefit in regards to a position is that no additional commissions are charged; these are directly included within the spread. Thus, traders will have a much more accurate representation of their expected profits. The electronic trading windows offered include MetaTrader 4 and Currenex. All traders can therefore enjoy a second-to-none sense of functionality that is perfect for the fast-paced nature of the Forex market. A demon account is available for those who wish to experience ETX Capital before committing to a paid membership. Some other advantages encompass (but are not limited to):

    • Chart trading.
    • Automated trading.
    • Mobile alerts.
    • A compatibility with iOS and Android operating systems.
    • Institutional accounts.
    • Maximum leverages of 1:400.
    • $20 no deposit bonus.

    A minimum spread of only 0.7 pips on all euro-dollar transactions is another benefit not to be missed. ETX Capital is definitely the top trading platform available today.

    Read our full review of ETX Capital here to see all the pros & cons of trading with ETX Capital.

    2. Plus500

    Plus500 was founded in 2008 and is currently based out of London. Amenable leverages of up to 200:1 are available for currency pairs and a minimum deposit of only €100 euros allows this portal to be excellent for those who wish to trade in the forex markets on a tight budget. Plus500 also offers a number of risk management features such as:

    • Guaranteed limit orders.
    • Guaranteed fills.
    • Guaranteed stop-loss positions.
    • Trailing stops.

    These are all ideal for the investor who wishes to hedge his or her exposure in regards to a volatile marketplace. Customer service representatives are available 24 hours a day and a demonstration account is possible before a trader commits to a live position.

    Read our full review of Plus500 to see all the pros & cons of trading with Plus500.

    3. AvaTrade

    This firm was founded in 2006 and it currently offers trading software for personal computers as well as mobile devices (iOS and Android operating systems). Floating spreads as low as 0.9 pips can help to maximise profits (although these spreads are based on inter-bank market prices and will therefore vary). There are currently more than 60 different currency pairs to choose from and 400:1 leverages are not uncommon. AvaTrade provides MetaTrader 4 software to all of its clients and this intuitive system is preferred by many professional traders. Some other benefits include:

    • Hedging and scalping capabilities.
    • Zero commissions (fees are based upon the spread).
    • Demonstration accounts.
    • Live news feeds.
    • Market commentaries.
    • Automated trading.

    AvaTrade is also known for its knowledgeable customer support representatives and the ability to address concerns in well over a dozen languages.

    Read our in-depth AvaTrade review here for more information on trading with AvaTrade.

    4. ZuluTrade

    ZuluTrade is thought to be one of the most “open” platforms due to low entry-level deposits (the equivalent of €250 euros) and its highly intuitive user interface. Besides offering streamlined trading platforms, ZuluTrade has created a propriety social signals portal known as Tradewall. This is a streaming page which illustrates all of the latest opened and closed positions. Those who have been searching for a centralised social trading system will be pleased with this addition. More than 50 affiliated brokers support the ZuluTrade system and unlike some other brokers, United States residents can access the software. Low spreads and the ability to access the historical trades of other investors (for up to 52 weeks) are two other features offered.

    5. EasyForex

    EasyForex rounds out our list of top five Forex brokers for day trading enthusiasts. EasyForex is located in Limassol and has been operating since 2003. A minimum deposit of only $25 dollars allows this broker to be another excellent choice for those who do not have a great deal of money to invest. Fixed spreads even during times of high Forex volatility is an attractive feature for risk-averse investors. Expert analysts provide real-time support in no less than 13 languages. Mobile-based platforms can be accessed alongside standard PC portals and the popular MetaTrader 4 system is available with all of these options. Some of the other benefits found through EasyForex are:

    • Streaming news feeds.
    • Automatic trading algorithms.
    • Intuitive trading signals.
    • Email and mobile alerts.
    • Trading stops.
    • Guaranteed stop-loss and limit orders.
    • One-click execution (a massive advantage for day traders).

    Maximum leverages of 400:1 is available for day traders who wish to maximise their profit margins (of course, such leverages is not without risk and increase the potential losses as well). Fixed spreads will likewise enable any trader to be well aware of their costs as well as their predicted gains should a pair move in the right direction.

    These five Forex platforms are perfectly suited for both retail and professional traders alike. As mentioned in the beginning of this article, features such as intuitive software and up-to-the-minute data streams can make all of the difference in the world between a failed position and a successful trade. As these portals are able to accommodate the needs of the smartphone user, they are of even more value to those who wish to execute trades while out and about. As always, with trading it is important to remember that your capital is at risk.

    See our comparison of day trading brokers for more information.

    image credit:Brett Weinstein

    Top 5 Forex Trading Platforms

    Android

    Online Forex trading can be a excellent way to enjoy a great degree of liquidity when compared to other marketplaces. Furthermore, the very fluid nature of this sector is suited for those who wish to capitalise on present market movements without being tied to a traditional share or security. There have been a number of online trading platforms to emerge over the years and naturally, some are better than others. We have compiled a list of five trusted and regulated brokers that offer five custom trading platforms which we consider to be popular, efficient and intuitive.

    ETX Capital

    Known for spreads as tight as 0.9 pips and impressive leverages of up to 400:1, ETX Capital ranks high within the world of online Forex trading. Commodities, indices and binary options are included alongside currency pairs. Free educational trading courses and welcome no deposit bonuses $20 are a few other advantageous features. However, many astute traders choose ETX Capital due to their efficient electronic platforms. MetaTrader 4 and TraderPro are both options; ideal for those who wish to enjoy an effective system without sacrificing their ability to access news, charts and social trading tools.

    For a detailed look, read our review of ETX Capital.

    CMC Markets

    CMC Markets has been considered to be a major player within the industry, and for good reason. One very interesting point to note here is that with spreads as low as an incredible 0.7 pips, this platform is quite profitable. Equally impressive margins serve to mitigate many of the risks associated with margin trades (common within the Forex marketplace). CMC Markets also employs their own proprietary trading software and many believe that it is better than the standard MetaTrader 4. A handful of features available within this software include:

    • More than 80 technical indicators and drawing tools.
    • Immediate access to social trading portals.
    • Live news and analyses.

    Over 330 spot and forward Forex pairs are available and this is an excellent benefit for anyone who wishes to enjoy a greater degree of flexibility. On-the-go trading is also a reality thanks to native applications dedicated to Android and iOS operating systems. CMC Markets is highly recommended for those who have been searching for a well-rounded platform with an impressive degree of reliability.

    IronFX

    This trading company is based out of the United Kingdom and has been in constant operation since 2010. IronFX is therefore one of the oldest and most trusted systems on the market. Affiliate trades are welcome and forex traders can enjoy five types of accounts (Micro, Premium, VIP, Affiliate and Affiliate Plus). Spot metals, futures and shares are available alongside Forex positions. High leveraged positions of up to 1:500 can help to add even more profit to any active position but can also increase the losses experienced. The minimum spread on their currency pairs is zero pips. Bonuses of up to 40 per cent are available when opening a new account and Iron FX offers a social media trading system which can allow traders to access real-time data from other professionals. Free VPN hosting, a refer-a-friend bonuses and live trading competitions are some other options that members can enjoy. Reasonable margins and guaranteed stop-loss trades are other tools which can help to lessen the risks of a more liquid position.

    For a detailed look, read our review of IronFX.

    XM

    Offering a minimum deposit of only $5 dollars and leverages as high as 888:1, XM is without a doubt another highly recommended Forex trading platform. XM was founded in 2009 and it is regulated to operate in numerous jurisdictions (NOT within the United States). This company also makes use of the popular MetaTrader 4 platform and seven different variants of this system will suit the needs of nearly any trader. These options include:

    • XM Web Trader 4
    • XM iPad Trader
    • XM iPhone Trader (varieties for Android and Windows operating systems)
    • XM MAM
    • XM MetaTrader 4 Multi-Terminal
    • XM MetaTrader 4
    • XM MetaTrader 4 (for Mac)

    Automated algorithms can help to prevent any trade from developing a negative balance and comprehensive charting capabilities are able to provide forex traders of all levels with an ability to fully appreciate the movements of any currency pair over time.

    For a detailed look, read our review of XM.

    ATC Brokers

    One interesting aspect of ATC Brokers is that as opposed to exploiting a bid-sell spread, this broker charges a flat commission on each trade. This is currently $0.40 dollars on a lot size of 10,000. Hedging, scalping and partial-lot contracts are all allowed within this electronic platform. It should also be noted that as opposed to many other online Forex systems, ATC Brokers is available to clients within the United States. However, a minimum deposit of $5,000 dollars is required to open an account. This is offset by the use of both MetaTrader4 and Trading Station as efficient platforms. While the spreads are constantly fluctuating, the fact that ATC Brokers does not include any mark-ups is one of the reasons why these figures are some of the lowest in the business. For stability, all margins are set at a ratio of 50:1. A final interesting feature is that ATC Brokers has developed an electronic system known as TFA Sniper. Some of the advantages of this platform are:

    • Automated trading
    • Fibonacci Analyses
    • Extremely clear entry levels
    • Built-in trade managers

    With impressive levels of customer service and numerous training opportunities, ATC Brokers is definitely worth a closer look.

    These are five extremely popular Forex trading platforms on the market today. Still, we should never fail to mention that certain positions are associated with high levels of risk and traders should never execute any trade that cannot be lost. The Forex markets are highly liquid and thus, their volatility can also be high. The use of these electronic brokers can help to minimise such risks while maximising the chances of accruing a substantial amount of profit.

    image credit:Japanexperterna.se

    6 Best Online Trading Apps for Android in 2017

    Android

    As an online trader it is important to be up to date with the latest movements on the stock market. Situations can change quickly so you have to be equally flexible and dynamic. Smartphones and tablets have given people the opportunity to revolutionise their trading and stay up to date with the latest news and trends. In order to this however you need a solid trading platform. Mobile apps are the solution and are now widely available. As well as making trading far more convenient they provide a secure environment to make sure the trades you make are as relevant as possible. In such situations it is important to have the best tools available to you, so for your convenience we have listed the top 7 online trading apps for Android platforms.

    All of the following apps are free to download and available on the google play store.

    1. MetaTrader 4

    MT4 is the most popular android app for online trading and for good reason, its large range of features and polished mobile interface have made it very popular with more than 50,000 reviews on the Google Play store. Some of its key features include: fixed spreads, microlots, technical analysis, customisable tracking graphs and an integrated financial calendar. As the most popular trading app on the Play store it has the added benefit of a large amount of online tutorials and guides to help you get started with the platform.

    If you would like to trade using the MT4 platform, ETX Capital is one of the most popular online brokers who use the platform and also regulated by the Financial Conduct Authority in the UK.

    2. Trading 212 FOREX & Stocks

    Designed by Avus Capital, a well-known trading platform provider, this app is the second most popular on the Play store. It includes a wide variety of features and instruments for tracking your stocks and shares. It’s simple layout and intuitive controls offer greater usability than many of its competitors while sacrificing a few tools. Notable features include: over 400 financial instruments, financial news and analysis and tight spreads, even at news time.

    3. eToro – Mobile Trader

    This app has been built and designed by eToro, best known for their popular online social trading platform. As a well-established company it has excellent customer support for the app. eToro puts a lot of emphasis on its established community of users to communicate with, the app even includes a function to copy the trades of successful users.

    If you are interested in social trading and eToro, you can read our full review of eToro here.

    4. FOREX.com for Android

    This popular American company aims its platforms at experienced traders and this trend continues with its app. One of the leading platforms for the US market it has won awards for its customer service. However, the app hasn’t proved to be as successful as their other platforms. Although it is a powerful and fairly user friendly app some users have reported it having technical problems.

    5. Forex & CFD Trading by iFOREX

    The creators of this app are iFOREX, fairly recent entrants into the marketplace. The app includes a customisable layout and access to over 80 currency pairs. The app has received many good reviews and appears to be a solid piece of software. The trading platform even includes a special account for Islamic traders who wish to abide by the principle of no ‘Riba’ – a term used for unjust gains in business transactions. However, the company has received criticism for its lack of transparency, poor customer service and no free demo account available.

    6. DTMobile by Delta Stock

    Created by the South African company Deltastock this app is currently not very popular, but the users who have downloaded it seem to be very happy with it – the app, receiving a 4.1 star rating on the Play store. Their simple and attractive interface makes it easy to navigate, but as a new company they struggle to keep up with all of the features included in competing apps. However, their excellent customer service puts them in a strong position to continue to improve the app.

    Hopefully this has inspired you to check out Android apps, many of the benefits listed here can only be judged subjectively so it is important to try the apps out to find which one is best for you. As with all financial trading your capital is at risk. These apps are designed for experienced traders, however trial accounts are available on several of these apps and are a good way to build up experience without risk. Mobile apps provide many strengths over traditional trading and can greatly benefit you when used responsibly.

    Top 5 Spread Betting and Forex Broker for Traders in Switzerland

    Spread betting is a method that involves profiting from the price movements of different markets. A trader speculates on whether the price of a certain product will rise or fall. As a trader, you do not own the assets that you are betting on so you don’t have the restrictions that come with ownership.
    Switzerland
    Understanding the concept of spread betting is just one element of successful trading. Finding a broker that you can work with should also be a priority, but there are also other elements you must keep in mind.

    Here is a list of five brokers regulated by the Financial Conduct Authority in the UK that accept spread betting traders in Switzerland.

    1. Core Spreads

    Core Spreads is a registered company based in England. Its prime focus is on spread betting, which is a plus for serious traders. The Core Spreads platform is free of the clutter that characterises other platforms and allowing for a better user experience. It gives you the opportunity to concentrate on whats important to traders, trading. All funds are kept in segregated accounts, for added security of your funds when trading with Core Spreads.. Opening a new account with Core Spreads comes with a 50% rebate on the first month’s trades.

    With Core Spreads, you get a demo account that you can try out. Some of the instruments that traders have access to include: GBP-USD Spot, 30 Cash, Germany 30 Cash, UK 100 Cash, and US Tech 100 Cash with some of the tightest spreads in the industry.

    2. ETX Capital

    ETX Capital is a member of the London Stock Exchange and owned by Monecor Limited in London. After acquiring Alpari UK in 2015, ETX Capital made the MT4 trading platform available to its traders. The ETX Binary platform is a recent addition as well. A trader gets the advantage of having market commentary that is up to date.

    There is insurance for traders’ funds of up to £50,000 from the FSCS. ETX offers one account option that a trader can open with a minimum balance of $100. Traders can opt to have variable or fixed spreads.

    If you are interested in ETX Capital, you can read out full review here.

    3. Spread Co

    Spread Co boast a proprietary trading software, Saturn Trader. The trading programme that the broker offers traders is one of its biggest advantages. Spread Co traders can download the software or use it in the cloud. You have two account choices; the Limited Risk Account and the Standard Account. The Standard Account is cheap, but the Limited Account offers the option of automated stop loss orders. The Limited Account is choice amongst less experienced traders. You can also create a demo account and see if they are the right fit for you.

    4. City Index

    Perhaps the most popular broker in the UK, City Index has been providing its services for over three decades. One of the biggest merits of using the broker is that it covers over 12,000 global instruments. You have numerous choices when trading. The trading costs and margin requirements are low. Traders can get the Advantage Trader platform on their mobile devices

    Another benefit that the trader offers is its resource-filled website. Traders get all sorts of materials to help them learn about spread betting. There is also the Trading Academy that awards winners and a rebate of £250 for an initial deposit of £1000

    5. Capital Spreads

    Capital Spreads is part of the London Capital Group Holdings plc and is well-known for offering tight spreads. The broker offers over 2,500 markets to trade on; from indices to metals to bonds. Some resources like webinars and tutorials are available on the website. As a Capital Spreads< trader, you get access to event calendars, and you can use that to prepare in case of market movements. As part of the resources, there is an expert team that relays relevant information on a daily basis to traders. For a beginner, you can take advantage of the glossary list to learn about the terms people use in spread betting. The broker offers CFDs and Forex trading as well. You can go online to access your account or use the mobile platform available. There is also the choice of opening a demo account. Image credit:sdh_zh

    Risk warning
    You should educate yourself adequately before entering the field of spread betting. It is not advisable to start betting on spreads haphazardly before you learn about the aspects that influence its operations.There are no guarantees when trading and you have to know that there is a chance that you will lose money.

    7 Regulated Forex Brokers with Tight Spreads in 2017

    When you trade in Forex you are not buying and selling currencies, but are making wagers upon whether currencies will rise or fall in value. You always opt for paired currencies to trade, in expectation your chosen currency will rise against falling prices of the paired currency. One of the best ways to assist learning Forex trading is to trade in the currency of your own country at first. You are more likely to recognise developments and news releases that will affect the price of your own currency, so profits may well be higher. When you have developed a confident trading manner, move on to trading global currencies.

    Most brokers provide demo accounts, allowing new customers the ability to find out more about Forex trading before depositing capital. You can also source a good deal of free information, learning, education and seminars or webinars from good brokers, if you want to learn to trade successfully and with confidence.

    If you’re searching around for trusted and regulated forex brokers offering the best tight spreads for 2017, check out the following listing:

    1. Core Spreads

    Core Spreads provides a good welcome bonus of up to 50 percent on the first month’s spreads, and offers traders some of the tightest spreads available in the industry, starting at 0.7 pts. The CorePoints loyalty programme is a good way to earn cash rebates, based on trading activities throughout the month and provides up to 25 percent in bonuses.

    2. ETX Capital

    ETX Capital is an award-winning British broker providing a variety of platforms to clients. The forex trading platform provides very tight spreads on popular currencies, from 0.7 for EUR/US$ to 0.9 for EUR/YEN and AU$/US$. ETX Capital is fast establishing itself as one of the most popular and trusted forex trading brokers in the market.

    3. Spread Co

    This broker provides tight spreads across various currency pairs, for example EUR/US$ and offers new traders opportunities to learn about spread betting on Forex via a useful demo account. If you’re new to trading Forex take as much time as needed to learn tricks of the trade via the dummy account. Spread Co is a British company and regulated by the Financial Conduct Authority in the UK, one great aspect of this provider is that low cost trading gives clients chances to trade for just £1 per point.

    4. CMC Markets

    This is a popular choice amoung new traders, with access to a great free demo account with excellent charting. CMC Markets has tight spreads which start at 0.7 pts and with 330 currency pairs to choose from, there’s sure to be a pairing to suit any trader. Clients who trade regularly each month may qualify for the CMC Rewards programme which provides cash rebates on all qualifying trades.

    5. 3D Markets

    This company also gives frequent traders cash back at the end of each month. The rewards system pays up to 10 percent of the total monthly spread straight back to customers. With 3D Markets traders can trade forex as a spread bet or CFD, with more than 35 currency pairs to choose from. 3DMarkets spreads are fixed during market hours and start at 0.8 pts. This broker provides a demo account to new customers with £25,000 in virtual cash to trade.

    6. Markets.com

    New customers can sign up for a £100,000 practice account with Markets.com to learn to trade forex online. The broker gives a £25 welcome bonus and has tight, competitive spreads. Clients can trade a variety of currency pairs, including exotics and virtual Bitcoin.

    7. DF Markets/a>

    DF Markets is a UK-based forex trading provider, giving tight spreads at low rates of commission. Leverage up to 200 times the cash deposit is available, so clients may only need to deposit £100 but will have ability to trade up to £20,000.

    Trading Forex
    When you’re selecting Forex brokers to handle your trades, don’t be swayed by the best welcome bonus deals alone. Insist that the brokers are registered and regulated by a trusted body such as the Financial Conduct Authority in the UK or CySEC in Cyprus, these authorities provide customers with the best protection against unscrupulous brokers. All Forex traders must be over the age of 18 and need to be fully aware that dealing in currencies via brokers can be a risky investment. Don’t to trade more than you can afford to lose.

    Best 9 Forex and CFD Broker Promotions and Bonuses for 2017

    Searching for the best Forex and CFD bonuses and promotions to take advantage of the market volatility in 2017? When choosing a forex broker to trade with, it is critical to work with a forex provider that is regulated and authorised by a trusted regulatory body like the Financial Conduct Authority in the Uk or CySEC in Cyprus. We have done a round up of the best regulated brokers that are also offering the best promotions and bonuses for 2017.

    ETX Capital Mobile Trading Apps

    Below is the list of the top bonuses and promotions from nine of the best Forex and CFD brokers to choose from in 2017.

    1. Featured Broker:
    ETX Capital

    (Regulated by The Financial Conduct Authority, UK #124721)
    ETX Capital is a top choice as one of the most trusted and respected UK brokers, with a Brokernotes AA rating and Financial Conduct Authority Regulation. ETX Capital are currently offering 3 great promotions which makes them a top choice for traders.Their current promotions for online traders include:

    • £20 bonus for new customers just for opening an ETX TraderPro or MT4 account, no deposit required.
    • A 100% first deposit bonus, deposit £100 and get £100
    • First deposit up to £3,750 based upon first deposit amount

    Claim these offers and check out the full T&C’s here: ETX Capital 2017 Promotions.
    ETX Capital also provide three platforms for professional trading across a wide range of options. They also provide a very useful education service, allowing novice traders to gain insight into financial dealing.


    2 XM

    XM offers a matching sign-up bonus of 20 per cent for deposits up to $5,000 dollars. As these bonuses can be utilised as margins, positions can be kept open for longer periods of time than would otherwise be possible. XM also offer a no-deposit bonus of $30 dollars. There are no fees in regards to deposits and withdrawals while monthly contests offering $20,000 dollars in cash and prizes are offered to all clients.

    3 RoboForex/

    RoboForex offers several unique promotional offers. New users to RoboForex will receive a welcome bonus of $30 dollars when opening up an account. Should one’s account equity be more than $300 dollars, a free-of-charge VPS server is automatically made available. During working hours, funds can be automatically withdrawn at the convenience of the client. No commissions are added to any trade with RoboForex ; they are already included in the initial spread. Leverage amounts of up to 1:1,000 are possible while depending upon the size of the deposit, matching bonuses of up to 115 per cent are possible.

    4 ForexTime/

    Providing leverages of up to 1,000:1 and spreads as low as 0.1 pips, FXTM is another respectable online Forex trading platform. Six different account types and over 100 different trading instruments likewise allow FXTM to be quite versatile. Instant withdrawals and no-fee deposits are two promotional benefits to take into account.

    5 EXNESS/

    EXNESS is regulated by CySEC and the IFSC. It also utilises the vaunted MetaTrader 4 Forex trading platform. Bonuses of 10 per cent are provided for all deposits and re-deposits. These funds can be used towards a margin position. Bonuses of up to 50 per cent are available for all deposits up to $5,000 dollars. This is an unlimited promotion and will last throughout 2017.

    6 XTB

    With an initial deposit of £5,000 pounds, traders will receive no less than 10 per cent cash back when trading with certain promoted lots. These can be withdrawn once the promotional date has expired. Additionally, all clients can enjoy up to 1.1 per cent interest on their balances. Should a friend be referred and join XTB, this friend and the initial client will both receive £40 pounds towards their trading account.

    7 FiboGroup

    FiboGroup is regulated by CySEC and the FSC. New and active traders of FiboGroup are able to receive an impressive bonus of 100 per cent when they open up a platform utilising the MetaTrader 4 framework. A minimum deposit of $300 dollars (or the equivalent amount in a different currency) is required.

    8 TrioMarkets

    TrioMarkets is regulated by CySEC, the FCA and BaFin. Boasting more than 15 years of experience within the online trading community, this platform provides a deposit of up to $4 dollars per lot for every single trade. After trading for more than two weeks, there are also withdrawal rebates available. A minimum of $500 dollars is required to open up a standard account with TrioMarkets .

    9 Easy-Forex

    Easy-Forex provides its clients with the ability to receive as much as $300 dollars in risk-free cash when trading options. There are a number of affiliate promotions available as well for Easy-Forex. Those who introduce new brokers to Easy-Forex can receive up to $50 dollars in lot rebates as well as commissions of 10 per cent regarding a sub-affiliate trade. A sign-up bonus of 20 per cent is provided for new accounts of up to $2,000 dollars. Users can also enjoy a risk-free first trade for amounts not exceeding £200 pounds.

    FX Open

    FX Open offers a bonus of $10 dollars for all new STP accounts. Micro-trading positions can likewise enjoy a bonus of $1 dollars after an initial deposit. It should be noted that there are special promotions for PAMM managers. These can include a minimum deposit of only $200 dollars, floating spreads from zero pips and no trading strategy restrictions.

    While the Forex and CFD markets are not without their capital risk, these are nonetheless considered to be the top eight online trading promotions for 2017. It is wise to check back regularly for additional updates.