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5starsforexltd

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About 5starsforexltd

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    New Money Maker
  • Birthday 01/02/1983

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    http://www.5starsforex.com

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    Sweden

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    Forex Trading

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  1. It is difficult to decide which forex broker is best for forex trading and when it comes to own country it is more difficult to find those who are offering great to the country. 5Stars forex is the leading broker in forex market which provides great services to their traders; it is also announced as one of the best in Asia. After analyzing different elements in India we have come up with the best offer for Indiai traders and with the fastest deposit and withdrawal payment systems in the country. You will find quality trading tools and technology, trading platforms for every level of traders (mobile trading, tablet trading, iPhone trading, iPad trading, web trader and so on), quality educational resources, with the lowest transaction for withdrawal (average 5 minutes) with us. We also have different promotions which will help you to increase your trading equity and can trade with higher liquidity. For more information we are available 24*5 via live chat; call me back; best responding email. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  2. It is difficult to decide which forex broker is best for forex trading and when it comes to own country it is more difficult to find those who are offering great to the country. 5Stars forex is the leading broker in forex market which provides great services to their traders; it is also announced as one of the best in Asia. After analyzing different elements in India we have come up with the best offer for Indiai traders and with the fastest deposit and withdrawal payment systems in the country. You will find quality trading tools and technology, trading platforms for every level of traders (mobile trading, tablet trading, iPhone trading, iPad trading, web trader and so on), quality educational resources, with the lowest transaction for withdrawal (average 5 minutes) with us. We also have different promotions which will help you to increase your trading equity and can trade with higher liquidity. For more information we are available 24*5 via live chat; call me back; best responding email. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  3. All can find live chat support on every broker all over the market but whose is the best and whose live chat support is most fast responding counts for the traders if they got any issues on trading. We respond your message within 5 seconds with all solutions for your issue. First thing you have to do is to open 5stars’s Forex website < link> . There you will see “CHAT NOW” button on the bottom-right corner of every page. If you have any issues or any doubts, click on the button and start chatting with us, you will find us instantly and your issue will be solved by our expert support agents. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  4. 5starsforexltd

    Exchange rate: It's influencing factors Exchange rates are determined by supply and demand. For example, if there will be greater demand for American goods then there will tend to be an increase in value of the dollar. If markets will worry about the future of the US economy, they will tend to sell dollars, leading to a fall in the value of the dollar. Currency changes affect you, whether you are actively trading in the foreign exchange market. When it comes to the decision of whether you should buy or sell dollars, it all boils down to how the economy is performing. A strong economy will attract investment from all over the world due to the perceived safety and the ability to achieve an acceptable rate of return on investment. Most important factors deriving exchange rates: Inflation plays an important role. As a general rule, a country with a consistently lower inflation rate exhibits a rising currency value, as its purchasing power increases relative to other currencies. During the last half of the twentieth century, the countries with low inflation included Japan, Germany and Switzerland, while the U.S. and Canada achieved low inflation only later. Those countries with higher inflation typically see depreciation in their currency in relation to the currencies of their trading partners. This is also usually accompanied by higher interest rates. Differentials in Interest Rates Interest rates, inflation and exchange rates are all highly correlated. Interest rates from central banks influence the retail rates financial institutions charge customers to borrow money. For instance, if the economy is under-performing, central banks may lower interest rates to make it cheaper to borrow; this often boosts consumer spending, which may help expand the economy. The opposite relationship exists for decreasing interest rates - that is, lower interest rates tend to decrease exchange rates. Trade Balance A ratio comparing export prices to import prices, the terms of trade is related to current accounts and the balance of payments. If the price of a country's exports rises by a greater rate than that of its imports, its terms of trade have favorably improved. Increasing terms of trade shows greater demand for the country's exports. This, in turn, results in rising revenues from exports, which provides increased demand for the country's currency and increase in the country’s currency value and vice-versa. Public Debt We all knew that in the short run, interest rates and currency valuations are often correlated. Countries will engage in large-scale deficit financing to pay for public sector projects and governmental funding. While such activity stimulates the domestic economy, nations with large public deficits and debts are less attractive to foreign investors. Reason is, a large debt encourages inflation, and if inflation is high, the debt will be serviced and ultimately paid off with cheaper real dollars in the future. These above factors are most important to determine country’s currency power. In trading exchange rate of two currency pairs is most important to decide either to buy or sell. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  5. 5starsforexltd

    5Stars Forex: SMS Alert Service Join the SMS Alert Service, receive vital notifications and free yourself from your computer. Know what’s happening to your deals and know what’s happening in the market. Make decisive trading decisions then choose to go online and manage your trades. Join the SMS Alert Service in My Account section and receive 3 free SMS alerts. If you do not have an account, join 5StarsForex® to get full access to the site. Three types of SMS Alert notifications can be sent directly to your mobile phone: An alert when a specified exchange Rate appears in the market An alert when an your deal closes An alert when your Limit Order captures SMS Rate AlertYou want to know when a specific exchange rate occurs in the market. You don’t want to be tied to your computer waiting for it to happen. Set a rate alert for a currency pair you are interested in and walk away. If the rate happens, you are notified so you can choose to login and open a trade. Deal Closure AlertBe alerted when your Day Trade has automatically closed. Your deal may have closed because it reached the Stop Loss or the Take Profit rates you defined. Or the deal closed as it reached its expiry date. If it does close, and you set this alert, you will be notified that this specific deal has closed. Fast, easy, precise.Know when your Limit Order captures, by setting this alert. With a Limit Order you define an exchange rate for a specific currency pair. When this rate is reached in the market a Day Trade is opened automatically for you. The SMS Alert Service conveniently let’s you know when this happens. Direct information, more convenience and greater freedom. The SMS Alert Service sets a new standard in customer support. Please note: this SMS Alert Service is supplied for your convenience. Due to the reliance on external network providers, we cannot guarantee the timeliness, relevance or accuracy of data provided. Also note, that the content of an SMS Alert does not constitute a recommendation and use of such content is the sole responsibility of the user. For a fuller explanation – see the video tour on the SMS Alert Service. Open Real Account Open Demo Account Affiliate Program Become our partner White Label Program Get Rescue Bonus
  6. WHO CAN BE MONEY MANAGER? Time is money and this is why we cut the chase and created a straight forward Program for Money Managers, enabling licensed individuals or institutional investors quick access to advanced trading tools such as our Multi Account Manager platform created to easily trade on multiple accounts at once Managing your clients’ portfolio has never been easier! Apply multiple risk management schemes, create and use your personal Expert Advisors and charting tools. All the options you want, available at your fingertip, through one of the most comprehensive trading platforms on the market – MetaTrader 4 Join our team of time efficient investment managers today! Become Our PartnersPersonal Details Contact Details CONTACT DETAILS Please enter your contact details. Company Name First Name Last Name Email Website
  7. 5StarsForex is a leading provider of online trading services. Established in 2014, 5StarsForex is providing traders a world-class trading experience worldwide. 5StarsForex provides it’s traders with personalized Forex training programs, Dealing Room specialists, the best Introducing Brokers and Partners Programs with innovative and competitive Partners offerings. 5Stars Forex provides it’s traders with the best spreads in the whole market, the fastest execution possible, the best bonuses and promotions among all other brokers, fast deposits and withdraws, and many more qualities traders enjoy with 5StarsForex. 5starsForex believes that the ECN/STP Forex Module benefits all the foreign exchange participants, 5StarsForex worked hard in the making the world of Forex more transparent with greater control for the traders. 5StarsForex have multiple liquidity providers and built solid relationship with some of the world’s largest banks and financial institutions to make our clients benefit from competitive Forex spreads even during volatile markets and news release. 5StarsForex clients can benefit from round-the-clock coverage delivered by one of the world’s largest and most accomplished global client coverage team. 5StarsForex clients enjoy the widest suite of products to offer the best pricing, execution and liquidity, daily market news feed and insightful research give the clients access to the best information and date to make informed trading decisions. 5StarsForex have eliminated all conflicts of interests with our clients and adopted a business model that aligns our interest with the clients’ interests, this incentivizes us to provide our clients everything they need to become better traders. Why Trader Choose Us?Client-to-Bank Trading Seeing Depth of Market Instantaneous Trade Execution Scalpers & EAs Advantages of 5Stars ForexConvenient Platform Options: MT4 Terminal for PC and MAC, iPhone Trader, iPad Trader, MT4 Smartphone Lower Transaction Costs: The retail transaction cost (the bid/ask spread) is less than 0.1% No fixed lot size: Ownself determining lot, Traders with us can participate with the minimum trade size Petitive Trading Experience: Tight Spreads from as low as 0.4*, Flexible leverage up to 1:1000 EAs, Scalping, and Hedging allowed. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  8. 5starsforexltd

    How to invest in Currencies? Deal with some ways. World currencies are traded 24 hours a day 5 days a week in Foreign Exchange Market (FOREX). It is the largest and most liquid market in the world. Some use this market as a mechanism for changing one currency to another, such as multinational business companies around the world. For more the market is also occupied by the traders who bet on movements of the currencies relative to each other. The forex market operates between individuals represented by brokers, between brokers and banks, and between banks. With the widespread availability of electronic trading networks, trading currencies is now more accessible than ever. The foreign exchange market, or forex, is notoriously the domain of commercial and investment banks, not to mention hedge funds and massive international corporations. Live trading Account You have to open an account with a forex broker and trade currencies from around the world. Some differences how forex market operates compared to the U.S. stock exchange: -Currencies are traded in pairs. One betting currency pair, one will go up and the other will go down. - No regulated currency exchange and no central clearing house for trades. - No uptick rule for taking short positions. - No upper limit on the size of the positions - Currency dealers generally make money on the bid-ask spread, rather than charging commissions. Trading Opportunities Sheer number of currencies traded serves to ensure an extreme level of day-to-day volatility. There will always be currencies that are moving rapidly up or down, offering opportunities for profit (and commensurate risk) to astute traders. Yet, like the equity markets, forex offers plenty of instruments to mitigate risk and allows the individual to profit in both rising and falling markets. Forex also allows highly leveraged trading with low margin requirements relative to its equity counterparts. Buying and selling currencies Buying and selling on forex market, must note that the currencies are always priced in pairs. All the trades’ results are based in simultaneous purchase of the one currency and sale of another. While trading on forex market, you would execute a trade only at a time when you expect the currencies you are buying to increase in value relative to the one you are selling. Foreign Bond Funds There are mutual funds that invest in foreign government bonds, which earn interest denominated in the foreign currency. If the foreign currency goes up in value relative to your local currency, the earned interest increases when converted back to local currency. Multinational Corporations Many stockholders indirectly participate in the foreign currency markets through their ownership in companies that do significant business in foreign countries. Like all investments, investing in the currencies involves risk, especially during the volatile economic times. Advantage of the currency market, theoretically, a level of playing field. Currencies are impacted by the world events around the clock, the internet and wireless communications can provide almost instant access even to the small investors. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  9. Exchange rate: It's influencing factors Exchange rates are determined by supply and demand. For example, if there will be greater demand for American goods then there will tend to be an increase in value of the dollar. If markets will worry about the future of the US economy, they will tend to sell dollars, leading to a fall in the value of the dollar. Currency changes affect you, whether you are actively trading in the foreign exchange market. When it comes to the decision of whether you should buy or sell dollars, it all boils down to how the economy is performing. A strong economy will attract investment from all over the world due to the perceived safety and the ability to achieve an acceptable rate of return on investment. Most important factors deriving exchange rates: Inflation plays an important role. As a general rule, a country with a consistently lower inflation rate exhibits a rising currency value, as its purchasing power increases relative to other currencies. During the last half of the twentieth century, the countries with low inflation included Japan, Germany and Switzerland, while the U.S. and Canada achieved low inflation only later. Those countries with higher inflation typically see depreciation in their currency in relation to the currencies of their trading partners. This is also usually accompanied by higher interest rates. Differentials in Interest Rates Interest rates, inflation and exchange rates are all highly correlated. Interest rates from central banks influence the retail rates financial institutions charge customers to borrow money. For instance, if the economy is under-performing, central banks may lower interest rates to make it cheaper to borrow; this often boosts consumer spending, which may help expand the economy. The opposite relationship exists for decreasing interest rates - that is, lower interest rates tend to decrease exchange rates. Trade Balance A ratio comparing export prices to import prices, the terms of trade is related to current accounts and the balance of payments. If the price of a country's exports rises by a greater rate than that of its imports, its terms of trade have favorably improved. Increasing terms of trade shows greater demand for the country's exports. This, in turn, results in rising revenues from exports, which provides increased demand for the country's currency and increase in the country’s currency value and vice-versa. Public Debt We all knew that in the short run, interest rates and currency valuations are often correlated. Countries will engage in large-scale deficit financing to pay for public sector projects and governmental funding. While such activity stimulates the domestic economy, nations with large public deficits and debts are less attractive to foreign investors. Reason is, a large debt encourages inflation, and if inflation is high, the debt will be serviced and ultimately paid off with cheaper real dollars in the future. These above factors are most important to determine country’s currency power. In trading exchange rate of two currency pairs is most important to decide either to buy or sell. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  10. 5starsforexltd

    Lowest spread forex broker – 5Stars forex The spread is the amount of pips between the bidding price and the asking price is called the spread. The spread is what forex brokers use to make money on every forex trade placed through their network. For example, the forex broker may be paying a price of 1.3600 for buying or selling. The broker will then allow you to buy the currency for 1.3601 or sell it for 1.3599. The truth is fixed spreads do not offer any significant advantage and are subject to forex broker tactics such as widening - a tactic whereby forex brokers with dealing desks manipulate the spreads on offer to their clients when client trades move against the broker. 5Stars forex's ECN/STP trading model does not have a fixed spread. This means the spread on offer will accurately reflect the true buying and selling rates for a particular currency pair and ensures investors are trading forex under real forex market conditions of supply and demand. A fixed spread may seem like a good thing when market conditions are optimal and there is heavy supply and demand. The fact is, a fixed spread remains in place even when market conditions are not the best and regardless of what the true buying and selling rates for any given currency pair are. Our ECN/STP model provides our clients with direct access to the other Forex market participants (retail and institutional). We do not compete with our clients or even trade against them. This grants our clients more advantages over dealing desk market makers: · Very tight spreads · Better forex rates · No conflict of interest between 5Stars forex and its clients · No limits on Scalping · No “stop-loss hunting” 5Stars forex strives to offer its clients the most competitive rates and spreads in the market. This is the reason we have invested heavily in establishing strong relationships with the most reputable and reliable liquidity providers. The advantage our clients have is that they enter the forex arena on the same terms as majors. Prices are streamed from various liquidity providers to 5Stars forex’s Aggregation Engine which then selects the best BID and ASK prices from the streamed prices and posts the selected best BID/ASK prices to our clients, as illustrated in the flow diagram below. Visit 5stars forex spreads on account types: https://5starsforex.com/accounts/account-types.php Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  11. Trade the widest range of Agricultural Commodities Wheat, Corn, Soybeans, Cotton, Coffee, Cocoa and Sugar with 5Stars forex Wheat (WHT) Wheat is a cereal grain originally from the levant region of the Near East. It is now cultivated all over the world. Wheat is most used throughout the world for food production and also used for animal feed. World trade in wheat is greater than for all other crops combined. It is one of the oldest commodities in the world. Wheat prices are mostly affected by supply disruptions due to adverse weather conditions or natural disasters. Corn (CRN) It is the agricultural product staple for both human beings and domestic animals;. Corn is a biofuel and may this will replace fossil fuels used in cars one day. The main pricing factor is weather and the supply chain distribution. These futures contracts are cash-settled at expiration and can be traded as spot deals with 5Stars Forex. Coffee (CFE) Coffee is a brewed drink prepared from roasted coffee beans, which are the seeds of berries from the Coffee plant. Coffee is cultivated in more than 70 countries in the world. It is the oldest drink and it is enjoyed by billions on daily basis. Coffee is mostly cultivated in South America and Africa. Coffee is the most traded agricultural commodity in the world. Many of the producers are from engineering markets and consumers are from Developed countries for sophisticated life style. Cotton (CTN) Cotton is a soft, fluffy staple fiber that grows on in a boll, or protective case, around the seeds of cotton plants of the fenusGossypium in the family of Malvaxeae. Cotton is use to make textile products; from our jeans and T-shirts to industrial materials. Water concerns are the major price drivers of Cotton. Cotton will definitely make a large impact in global commodity markets as demand of cotton is directly proportional to the global growth. Cocoa (CCO) Cocoa is a powder made from the crushed seeds of the cacao tree. It is the main agricultural ingredient used in chocolate production. Over 3 million tons are produced each year from South America, Asia and Africa. It is a ‘soft’ commodity meaning it is grown rather than mined. The price of Cocoa is highly volatile because it is produced in only eight countries and also due to its seasonal demand cycle. Sugar (SGR) Sugar is the generalized name for sweet, short-chain, soluble carbohydrates, many of which are used in food. It is world’s sweetener and a daily necessity or a rare luxury. Sugar has a volatile market which electronic trading allows fast and easy access. Sugar price fluctuates depending on a season and the competition from the alternatives. Soybeans (SOY) Soybeans is a species of legume native to East Asia, widely frown for its edible bean which has numerous uses. Soybeans are used for both human beings and also for animal consumption. Electronic trading allows fast and easy access to this volatile market. Weather conditions and supply chain concerns are the main price factors of Soybeans. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  12. From the very past, gold and silver have been recognized as valuable assets. And even today, precious metals have their place in a savvy investor’s portfolio. We offer you to trade the most volatile global assets. We offer wide range of precious and non-precious metals which includes Gold, Silver, Palladium, Copper and Platinum with tight and fixed spreads- so you know your costs upfront. We guarantee stop loss for reliable risk management. Gold (XAU) Gold is used for its practical uses in jewelry and also considered a 'safe haven' investment. Gold has been used as a currency for millennia. The precious metal is often used as a hedge against inflation or monetary expansion also provides opportunity to diversify investments and risk. The volatility in precious metals can provide many trading opportunities in both rising and falling markets. Silver (XAG) Silver is one of the oldest used methods of exchange. It is in high demand in the tech and pharmaceutical industries but also as a financial asset. The precious metal is often used as a hedge against inflation or monetary expansion. Silver markets tend to be less liquid, and therefore less volatile, than the gold market which means trading hours are shorter. However, they do offer more stability than gold, which means they are often used as an alternative investment when markets are volatile. Palladium (XPD) It is a precious used in high tech industries and also in jewelry.Traders and investors also take precious metal as a protection against the inflation. While it is highly correlated to other metals such as gold, Palladium has its own supply and demand forces. Platinum (XPT) It is also used in industries and also used in jewelry. Also this metal is used by the investors to protect them against the inflation. While it is highly correlated to other metals such as gold, Platinum has its own supply and demand forces. Copper (CPR) This is the metal which directly reflects the state of world economy. It is used by many heavy and light industries also in construction. It has many uses in heavy and light industry as well as construction. It was used for humanity also for many years. Copper is mainly used in construction and in machinery manufacturing. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  13. 5starsforexltd

    A Percent allocation management module which is commonly known as PAMM is also referred sometime as Percent Allocation Money Management, Which describes a software application mostly used by the Forex Brokers. Foreign exchange brokers use PAMM account to allow their clients to attach money to a specific trader managing one or more trading accounts appointed on the basis of a limited power of attorney. PAMM solution allows the trader on one trading platform to manage simultaneously unlimited quantity of managed accounts. The ratio in PAMM is determined by the size of the deposit on each managed accounts. Higher the deposit higher will be the proportion. Trades, Profits and losses (results of trader’s) are allocated between managed accounts according to the ratio. The 5Stars Forex PAMM Account is an investment service that gives investors the chance to make money without trading themselves on Forex and allows managers to earn additional income for managing client funds. For More Details: https://www.5starsforex.com/pamm/pamm.php The Basic Idea behind the PAMM Account A manager opens a PAMM Account, allocating a certain amount of his initial investment as the Manager's Capital. He will be unable to withdraw from this amount (an additional incentive for the manager to demonstrate caution in his trading). Next, he designs his Proposal, in which he lists the terms for investors. This includes the percentage of their share of the profit they will pay him in compensation. Investors search through the PAMM Account Ratings to find the account they would like to invest in. The manager begins making trades on the account using both his personal capital and the funds of his investors. Profits and losses on the account are divided among the manager and investors, based on their share in the account. 5Stars Forex PAMM Partnership Program One way a PAMM manager can work on developing his PAMM Account is by bringing in a partner to help out. The partner doesn't trade on Forex and doesn't participate in the PAMM Account management. There are two types of partners a manager can recruit. An Acquisition Partner helps bring in new investors to the account. They are paid a percentage of the manager's compensation for each client they refer. An Auxiliary Partner can help in other facets of the PAMM Account: analysis, marketing and advertising, etc. They are paid a fixed percentage of the manager's total compensation from investors. Any 5Stars client can take part in the PAMM Partnership Programs after signing up in 5Stars Forex. A partner can then get in touch with the manager and agree on the percentage they will be paid. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  14. Before you enter into the forex market you need to know how to place order with forex brokers. Most important thing you need to know before you place an order with a broker is “How to place them appropriately”/ how you intend to enter and exit the market; orders should be placed staying on that determining factor. Improper order placement can skew your entry and exit points. Some of the orders you can choose are: Market Order An order than an investor makes through a broker or brokerage service to buy or sell an investment immediately at the best available current price. It doesn’t contain restrictions in the buy and sell price or the timeframe in which the order can be executed. There is not a guarantee of market order going through even though market orders offer a greater likelihood of a trade being executed. You may use the market order to enter a new position (buy/sell) or to exit an existing position (buy/sell). All orders are processed within present priority guidelines. Whenever a market order is placed, there is always the threat of market fluctuations occurring between the time the broker receives the order and the time the trade is executed. This is especially a concern for larger orders, which take longer to fill and, if large enough, can actually move the market on their own. Sometimes the trading of individual stocks may be halted or suspended. Stop Order Stop order is also referred as a stop loss; stopped market, on-stop buy or on-stop sell. This is one of the most useful orders. Unlike the limit and market orders; which are active as soon as they are entered- this order remains dormant until a certain price is passed, at which time is activated as a market order, so this order is different than other two. A buy-stop order is an instruction to buy a currency pair at the market price once the market reaches your specified price a higher, which is higher than the current market price. A sell-stop order is an instruction to sell the currency pair at the market price once the market reaches your specified price or lower, which is lower than the current market price. For instance USD/CHF is rallying toward a resistance level and based on your analysis you thing that if it breaks above that resistance level, it will continue to advance higher. To trade this opinion, you can place a stop-buy order a few pips above the resistance level so that you can trade the potential upside breakout. If the price after reaches or surpasses your specified price, this will open your long position. Limit Orders Limit orders are designed to give investors more control over the buying and selling prices of their trades. Prior to placing a purchase order, a maximum acceptable purchase price amount must be selected, and minimum acceptable sales prices are indicated on sales orders. A limit order is placed when you are only wiling to enter a new position or to exit a current position at a specific price or better. Unlike market orders, it is common to allow limit orders to be placed outside of market hours. In these cases, the limit orders are more complicated to execute than market orders and subsequently can result in higher brokerage fees. For low volume stocks that are not listed on major exchanges, it may be difficult to find the actual price, making limit orders an attractive option Limit orders are commonly used to enter a market when you fade breakouts.Suppose that based on your analysis of market, you think that USD/CHF;s current rally move is unlikely to break past a resistance successfully. Therefore you think that it would be a good opportunity to short when USD/CHF rallies up to near that resistance. You can then place a limit sell order a few pips below that resistance level so that your short order will be filled when the market moves up to that specified price or higher. Limit orders are used to set your profit objectiveBefore placing your trade, you should already have an idea of where you want to take profits should the trade go your way. A limit order allows you to exit the market at your pre-set profit objective. If you have long currency pair, you will use the limit sell order to place your profit objective. If you go short, the limit-buy order should be used to place your profit objective. Note that these orders will only accept price in profitable zone. OCO orders One cancels the other refers to two separate orders that are linked together on the same market. The first the linked orders to be triggered and filled is entered into a live position, whilst the second order is subsequently deleted. I.e. one order filled will cancel the other. Traders use this order when they sense that one of the two scenarios may play out in a certain currency pair. For instance let’s say EUR/USD pair is trading at 1.6050/1.6052 and you felt that either a fall below 1.6000 would open the pair up for further losses, or a break above 1.6100 could indicate more gains. Therefore, you place an OCO order to BUY stop order at 1.6110 and a sell stop order at 1.5990. The EUR/USD forex pair price falls below the 1.6000 level and triggers the sell stop order at 1.5990. This means that the stop order is filled and a new sell position created whilst the linked buy stop order at 1.6110 is automatically canceled. Having a firm understanding of the different types of orders will enable you to use the right tools to achieve your intentions- how you want to enter the market ( trade or fade), and how you are going to exit from market (profit or loss). While there may be other types of orders, market, stop, and limit and OCO orders are the most common of them all. Be comfortable using them because improper execution of orders can cost you a lot of money. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
  15. A Percent allocation management module which is commonly known as PAMM is also referred sometime as Percent Allocation Money Management, Which describes a software application mostly used by the Forex Brokers. Foreign exchange brokers use PAMM account to allow their clients to attach money to a specific trader managing one or more trading accounts appointed on the basis of a limited power of attorney. PAMM solution allows the trader on one trading platform to manage simultaneously unlimited quantity of managed accounts. The ratio in PAMM is determined by the size of the deposit on each managed accounts. Higher the deposit higher will be the proportion. Trades, Profits and losses (results of trader’s) are allocated between managed accounts according to the ratio. The 5Stars Forex PAMM Account is an investment service that gives investors the chance to make money without trading themselves on Forex and allows managers to earn additional income for managing client funds. For More Details: https://www.5starsforex.com/pamm/pamm.php The Basic Idea behind the PAMM Account A manager opens a PAMM Account, allocating a certain amount of his initial investment as the Manager's Capital. He will be unable to withdraw from this amount (an additional incentive for the manager to demonstrate caution in his trading). Next, he designs his Proposal, in which he lists the terms for investors. This includes the percentage of their share of the profit they will pay him in compensation. Investors search through the PAMM Account Ratings to find the account they would like to invest in. The manager begins making trades on the account using both his personal capital and the funds of his investors. Profits and losses on the account are divided among the manager and investors, based on their share in the account. 5Stars Forex PAMM Partnership Program One way a PAMM manager can work on developing his PAMM Account is by bringing in a partner to help out. The partner doesn't trade on Forex and doesn't participate in the PAMM Account management. There are two types of partners a manager can recruit. An Acquisition Partner helps bring in new investors to the account. They are paid a percentage of the manager's compensation for each client they refer. An Auxiliary Partner can help in other facets of the PAMM Account: analysis, marketing and advertising, etc. They are paid a fixed percentage of the manager's total compensation from investors. Any 5Stars client can take part in the PAMM Partnership Programs after signing up in 5Stars Forex. A partner can then get in touch with the manager and agree on the percentage they will be paid. Open Real Account Open Demo Account Become an Affiliate/ affiliate IB/ Introducing Broker Refer a Friend White Labels Partnership
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