Jump to content
Now you can advertise your business on Top Gold Forum.
Sign in to follow this  
xtreamforex26

XtreamForex - xtreamforex.com

Recommended Posts

Hi,
My name is Anu 
I am officially representative of Xtreamforex
XtreamForex is a  forex broker, Member of Grandinvesting Group
 
Incorporated in MIS
Registration number 84516 IBC 2016
Company number: 84516
If you have any question regarding this broker about the services and promotion feel free to ask me here. i will be happy to assist you.

Regards
Anu

Share this post


Link to post
Share on other sites

Advantages Of Using A Demo Account?

As a new trader or beginner in Forex Market you can test your trading skills through a Demo trading account before investing real cash. Demo account is the tool of  new comers in forex trading.  All new traders wants  to practice and use trading platform before risking their own money. But it is not only for the new traders, experienced and professional traders are still use demo accounts frequently.

Because if someone is experienced in trading and invests a lot of money does not mean he does not take money spending seriously. Real investors understand the value of money and the importance of organizing spending patterns that’s why they use demo account just for understand and just for decide to working with that company or not.

XtreamForex is the Top Online Forex Broker in the financial market. We  also provides Demo account for our clients so they practice that how to trade in this market. We provide 10,000$ virtual money for Demo Account and you can select any type of account for practice like Micro, Standard, ECN etc.

Here are some advantages of a Demo Account for new traders:-

NO NEED TO USE YOUR OWN MONEY:- In the demo account there is no need to use your own money you can start your trading with virtual money.

GOOD  PLATFORM  FOR  PRACTICE:- Demo account is the good platform for practice of trading.

NO  FEAR  TO  LOSE  MONEY:-In demo account you have no fear to lose your money  you can trade freely and confidently.

UNDERSTAND THE  COMPANY  POLICY  AND  RULES:- Demo account is the best way to understand the company policy and rules. With this you can experience the company services provided for its clients.

HAVE  CHOICE EITHER  INVEST  ON THAT  COMPANY  OR  NOT:-For new traders it is very necessary to chose  the right Forex Broker for trading. Demo account helps  to chose the Best Forex Broker for a trader to get the  more benefits.

MANAGE  THE  RISK:-With the demo account facing the risk is very easy . In this you learn that assets, money streams and liabilities are always influenced  by the exchange rates and when you put live cash into the platform you can keep such matters.

FREE  DEMO  ACCOUNT:-For a demo account there is no need to spend any type of money. Demo account is absolutely free of cost.

HELP  TO  NETWORKING  WITH  DIFFERENT BROKERS:-It is not necessary that you have to trade with that broker with whom you open a demo account in the first time, you can open a demo account with various brokers to decide the best one.

SAFE PLACE FOR TRIAL AND ERROR:-In  live account if you  make any error then there is no chance to make it right but in demo account you can trade safely without any fear of lose.

So get ready to open your Demo account with XtreamForex and experience the trading world that just beyond your expectations.

Share this post


Link to post
Share on other sites

XtreamForex Trading Advantages

·        Deep Liquidity from Top Tier liquidity providers

·        Trade on competitive prices (raw or marked-up) straight from our LPs

·        No conflicts of interest

·        99.9% of orders executed within 50ms

·        Complete Anonymity (no trade characteristics or trader information is passed to the LPs)

·        Superior Quality of order execution

·        No restrictions on trading style/strategies

·        Very tight Limit/Stop Levels

 So Open a Account Today and visit us on:- https://www.xtreamforex.com/client/create-account

Share this post


Link to post
Share on other sites

Open a Live Trading Account with XtreamForex
And Get 10$ in your Trading Account
Offer valid till 31st December 2018
For New Registrations Only
Send us an Email on [email protected]
After registration and get $10
Register Today and Grab the Money!

https://xtreamforex.com/client/create-account


 

Share this post


Link to post
Share on other sites

Christmas Gift from XtreamForex Marketing Team
Dear Traders!
Would you like to get Exclusive Gadgets from XtreamForex
Then Follow XtreamForex on Instagram and Facebook. 
Like, Comment and Share our posts. 

Person who writes useful and effective comment on both platforms will get the chance to win useful gadgets like T-Shirts, Headphones, Boofers, and Watches.
Drawdown will make after every 15 Days. 
Share Xtream ID along with useful comments.

Follow us on Instagram: https://www.instagram.com/Xtreamforex.official/
Follow us on Facebook: https://www.facebook.com/xtreamforex.official/

 

Share this post


Link to post
Share on other sites

Forex Technical Analysis: Why it is so important in Forex Trading? 

Forex Market cannot be predicted accurately, Forex Technical analysis is the science or skill of forecasting of the future movements of the price using the past movements and data.

Obviously the past movements cannot guarantee the future movements. So, the analysis done on the basis of past movements is not hundred percent accurate. But if you learn the technical analysis properly, you can make more correct predictions. At the end of the trading day you will be in profit .

The foreign exchange market is a very strong trending market. There are lots of ups and downs in short periods of time. Where technical analysis can be very effective.
If you want to become a profitable forex trader you will need to use as many technical indicators as you can, or create a personalized trading strategy based on a combination of these indicators, to recognize with the best accuracy possible the trend. In other words, a professional forex trader will try to identify the major trend, the intermediate trend, and the short-term trend and then construct his trades in that direction based on how long their rules allow him to hold a position.

Learning the basic skills in Forex, such as how to read Forex chart is really important. If you buy the currency pair, that is, you’re long the position; realize that you’re looking for the chart of that currency pair to go up, to make a profit on the trade. That is, you want the base currency to strengthen against the terms currency.
On the other hand, if you sell the position, then you’re looking for the chart of that currency pair to go down, to make a profit. That is, you want the base currency to weaken against the terms currency.

With XtreamForex you can learn:-

·        Forex News

·        Cryptocurrency News

·        Market Morning Briefing

·        Forex Forecast

·        Weekly Forecast

·        Economic calendar

·        Forex Article

Read More :- https://xtreamforex.com/academy/

Share this post


Link to post
Share on other sites

 

XtreamForex Account Types

XtreamForex is known as Top Online Forex Brokers who will provide best Trading Environment. Ahead of offering MetaTrader4 (MT4), we make it ideal for traders or investors to experience levels. View our Forex Account Comparison and Find out what XtreamForex each account offers and how you can start trading with us.

1)     Micro Account:- Micro Trading Accounts are designed for those Traders who are new to this Forex Market. This account type allows investors to open trading account with lower deposit and take trades of lower size.

Micro Account Details:-

v  Minimum Deposit:- $5

v  Spreads from Pips:- 1

v  Commission:- 0

v  Stop Out Level:- 20%

v  Margin Call:- 50%

v  Execution Type:- Market

v  Maximum Leverage:- 1:1000

v  Swap Free Accounts:- Available Islamic

v  Minimum Order Size in Lots:- 0.01

v  Maximum Open Orders:- 250

v  Expert Advisor:- Yes

v  Scalping/Hedging:- Yes

v  Maximum Trade Volume:- 5 Lot

v  Bonus:- Yes

v  Deposit Currencies:- USD

v  Account Manager:- No

 2)   Standard Account:- Standard Forex Trading Account is usually taken by experienced retail clients. A key feature in this type of trading is flexibility and position sizing.

Standard Account Details:-

v  Minimum Deposit:- $250

v  Spreads from Pips:- 1

v  Commission:- 0

v  Stop Out Level:- 30%

v  Margin Call:- 60%

v  Execution Type:- Market

v  Maximum Leverage:- 1:400

v  Swap Free Accounts:- Available Islamic

v  Minimum Order Size in Lots:- 0.01

v  Maximum Open Orders:- 500

v  Expert Advisor:- Yes

v  Scalping/Hedging:- Yes

v  Maximum Trade Volume:- 50 Lot

v  Bonus:- Yes

v  Deposit Currencies:- USD

v  Account Manager:- Yes

 3)  ECN Account:- ECN Trading Account also taken by experienced retail forex clients. Key Feature in ECN account type is spread received which favors scalping strategy.

ECN Account Details:-

v  Minimum Deposit:- $250

v  Spreads from Pips:- 0

v  Commission:- $7

v  Stop Out Level:- 30%

v  Margin Call:- 60%

v  Execution Type:- Market

v  Maximum Leverage:- 1:400

v  Swap Free Accounts:- Available Islamic

v  Minimum Order Size in Lots:- 0.01

v  Maximum Open Orders:- 500

v  Expert Advisor:- Yes

v  Scalping/Hedging:- Yes

v  Maximum Trade Volume:- 50 Lot

v  Bonus:- Yes

v  Deposit Currencies:- USD

v  Account Manager:- Yes

 4)  ECN Pro Account:- ECN Pro Trading Account is taken by Large retail experienced clients. The main advantage of ECN Pro account is maximum open order and trade volume.

ECN Pro Account Details:-

v  Minimum Deposit:- $5000

v  Spreads from Pips:- 0

v  Commission:- $5

v  Stop Out Level:- 30%

v  Margin Call:- 60%

v  Execution Type:- Market

v  Maximum Leverage:- 1:200

v  Swap Free Accounts:- No

v  Minimum Order Size in Lots:- 0.01

v  Maximum Open Orders:- Unlimited

v  Expert Advisor:- Yes

v  Scalping/Hedging:- Yes

v  Maximum Trade Volume:- 100 Lot

v  Bonus:- No

v  Deposit Currencies:- USD

v  Account Manager:- Yes

 5)  VIP Account:- XtreamForex VIP Trading account are mainly meant for high net worth individuals who actively want to trade for large volumes. This type of trading account completely helps supplement your trading skills and strategies.

VIP Account Details:-

v  Minimum Deposit:- $20000

v  Spreads from Pips:- 0

v  Commission:- $1

v  Stop Out Level:- 30%

v  Margin Call:- 60%

v  Execution Type:- Market

v  Maximum Leverage:- 1:200

v  Swap Free Accounts:- No

v  Minimum Order Size in Lots:- 0.01

v  Maximum Open Orders:- Unlimited

v  Expert Advisor:- Yes

v  Scalping/Hedging:- Yes

v  Maximum Trade Volume:- Unlimited

v  Bonus:- No

v  Deposit Currencies:- USD

v  Account Manager:- Yes

 

Share this post


Link to post
Share on other sites

(Join the XtreamForex Team! We hiring! )

XtreamForex provide you the environment and conditions that you need to develop in your area of expertise, whether you are a young individual at the beginning of your career, or an experienced professional seeking to move forward. Our mission is to enable you to reach your professional aspirations by giving you the motivation and inspiration to do so. 

As a company that places itself at the forefront of progress, we have created an ultra-modern, hi-tech environment for our staff, consisting of the most up to date equipment and cutting edge technology. We make sure that we have the most up to date licenses of your preferred software in order for you to be satisfied with what you are working with and efficient at what you do. It is extremely important for us to know that our employees are kept happy with and engaged in their work. 

If you think you could work for us, please send your CV and cover letter to our HR Department at [email protected]

Current Job Openings

  • Business Development Officers
  • Account Manager
  • Head Of Sales
  • Retention Officers-German / Polish / Italian / Czech Slovak / Indonesia / Malaya

 

Share this post


Link to post
Share on other sites

XtreamForex 100% CREDIT BONUS

cbpa2-12sx9.jpg

Start your Forex trading career with XtreamForex and Get 100% Credit BONUS. Deposit to your account with a minimum amount, after making successful deposit credit bonus will be credited automatically into a trading account. Joining Link:- https://xtreamforex.com/Forex-Credit-Bonus-100.html

Promotion’s Time:

·Start: Starts from 18th November 2018

·End:  Unlimited

·Duration: Unlimited

·Registration Period: All around the year.

·Minimum Deposit: 100 USD

Offer is Applicable: The clients with Live account and Minimum Deposit 100 USD

How to Apply:

·Register to the Live Account

·Make Minimum Deposit 100 USD

·Send an Email to [email protected] or to your account manager

Share this post


Link to post
Share on other sites

XTREAMFOREX JOINT VENTURE TRADABLE BONUS

cbo8t-vp8et.jpg

XtreamForex offers its clients the opportunity to get Joint Venture Tradable Bonus that can help traders to take more advantages of trading opportunities by increasing equity. With the help of this Joint Venture you can open trades with higher lots and improve your profit margin. Joining Link:- https://xtreamforex.com/Joint_Venture.html

Promotion’s Time:

·Start: Starts from 4th March 2019

·End:  Promotion Ends on 4th April 2019

·Duration: For One Month

·Registration Period: All around the month.

·Minimum Deposit: 2000 USD

Offer is Applicable: The clients with Live account and Minimum Deposit 2000 USD

How to Apply:

·Register to the Live Account

·Make Minimum Deposit 2000 USD

·Send an Email to [email protected] or to your account manager

Share this post


Link to post
Share on other sites

XtreamForex Global IB Contest 2019

cbyfb-g5k6d.jpg

Become a XtreamForex Partner and grab the chance to achieve your dreams! The XtreamForex Global IB Contest 2019 is a tiered promotion that is offered exclusively by XtreamForex to its Affiliates under the following Terms and Conditions. Joining Link:- https://xtreamforex.com/ib-contest.html

Contest’s Time:

·Start: Starts from 1st January 2019

·End:  Promotion Ends on 31st December 2019

·Duration: For One Year

·Registration Period: All around the Year of 2019.

Offer is Applicable: The clients with Live Partner account

How to Apply:

·Register to the Partner Account

·Send an Email to [email protected] or to your account manager

To Win:

· The partner who completes total deposit and lots traded in a year will win

·1st Position: Total Deposit 75000 USD/ Total Lots: 750

·2nd Position: Total Deposit 50000 USD/ Total Lots: 500

·3rd Position: Total Deposit 25000 USD/ Total Lots: 250

Prizes:

· 1st Position: 4000 USD

· 2nd Position: 2000 USD

· 3rd Position: 1000 USD

Cash Out:

·  Need to meet the Deposit Amount and Traded Lots

Terms and Conditions – XtreamForex Global IB Contest 2019

· One IP Per User

·General Terms and Conditions Apply

·Ask support for further information

Share this post


Link to post
Share on other sites

Online Trading

Online transactions are today’s most common way of trading, with anyone who has access to the internet being able to open an account and trade. Trading online is now so common that most people don't even consider it a risk, to actually trade with the money and risk losing it.

Never the less money trading online is a huge industry, the Forex industry alone has over 5 trillion dollars moving in the market on a daily basis,

Online money trading happens mainly in either Forex or Binary options, it is a form of betting, the subject being the global economy and the world's currencies. All trading is based on guesses in market movements, and predictions that allow a trader to make their trading decisions, however it is entirely disconnected from the actual currencies around the world, in the sense that the trader does not receive money from the currencies they bet on, but they receive the money from the broker they choose to trade with.

With the rise of online money trading in both Forex and Binary Options, there have been more security systems, and secure money transaction methods, with many legitimate companies offering a real trading experience without any scamming. Furthermore regulatory authorities have been built around the world to monitor online money trading companies and ensure the safety of client's funds.

Over all in this day and age, online money trading is far from the risky taboo that it was at the dawn of the world wide web, when nobody trusted this new alien they could not understand. Instead it is a part of the global economy, and a part of pretty much every body's life.

 Online trading is today’s most common way of making money in forex market. Read this article in brief to know What is Online Trading with XtreamForex.

Share this post


Link to post
Share on other sites

#XtreamForex #Webinars
Get all your questions answered LIVE!
Boost your trading skills and Power your trades with industry tips and knowledge
Traders of all levels of experience can learn from this opportunity
Our Market expert Mr. Balasubramaniam will analyze forex, commodity
Starts From 26 February (14:30 GMT) onwards
Register for FREE now:- https://xtreamforex.com/live_Webinars.php

Share this post


Link to post
Share on other sites

Meaning of STP Forex Broker

There are different types of Forex companies. To be more specific there are two. A Market Maker, and an STP Broker. The 'type' refers to the method with which a company executes its orders and provides its prices.

An STP broker stands for Straight Through Processing. Forex companies which operate as STP brokers execute their orders without a dealing desk or third party intervention, which means information that has been electronically entered to be transferred from one party to another is not manually re-entered repeatedly over the entire sequence of events.

When an STP broker receives a client's order, the order automatically gets passed to the liquidity provider with whom the Forex broker is working. The liquidity provider is a financial institution such as bank or a hedge fund and in some cases any company which is licensed to be a liquidity provider. Some Forex brokers have several liquidity providers, and that means they can offer better services. A lot of STP brokers will use Banks which trade on the Interbank market as their liquidity providers. The Interbank market is the top level Forex market where banks exchange different currencies.

The fact that there is no dealing desk intervention assures that there will be no delays in the execution of orders, and no re-quotes will be sent to clients, and that is a big advantage for traders because it means they will be receiving real time prices, and be able to trade during the release of financial news without restrictions.

STP broker stands for Straight Through Processing. When STP broker receives a client's order, the order automatically gets passed to the liquidity provider. 

Visit Us:- https://xtreamforex.com/forex-article/

Share this post


Link to post
Share on other sites

XtreamForex today announces the Launch of Social Trading
Invest Money like a Pro in Forex Trading
Register your Investment Account with XtreamForex
Select the Strategy Manager of your Choice
Verify your Profile and Watch your Portfolio Grow
Click Here:- https://social.xtreamforex.com/#/investor/register


Become a Fund Manager with XtreamForex
Start Managing Investor’s Fund and Earn Extra Income
Register Fund Manager Account with XtreamForex
Click to Join:- https://social.xtreamforex.com/#/manager/register

Share this post


Link to post
Share on other sites

Advantages and Disadvantages of Automated Trading Robots

If you were an avid trader and you knew there is a way to keep your trading working even when you can’t be there, and be promised maximum returns without having to pay a fee wouldn’t you take it?

That option is and has been available since the late 90s at the dawn of online trading. Automated trading robots are programs which algorithmically make trading decisions based on preset aspects of orders like time, price, quality etc. There are different types of trading robots, but they are all based on the same theory, and perform the same functions.

A trader carefully puts their trading essence into the program as they customizes its strategy and the aspects based on which it will react, turning it into a representation of their own mind and trading style. The only difference is that the trader will not be monitoring the system around the clock, and therefore is stripped of the ability to intervene in the occurrence that conditions do not comply with the usual strategy the trader follows.

The best advantage of trading robots is the emotionless method of performing trades. Emotions such as anger, stress, fear and greed are a trader’s worst enemy, and even the best trader cannot be completely untouched by all the factors which induce these emotions. A trading system will simply follow the strategy and act accurately and responsibly without any last minutes changes, which is why it can turn out to be profitable and helpful. That exact same reason; lack of last minuet changes, is why you may wake up with a hollow account.

As ‘smart’ as these systems can be created, they will never have the human factor, of reacting to unpredicted situations, which they have not been preprogrammed to react to.

Technical issues of course are another big factor behind the many failure stories shared by traders.  A lag of information update, receiving the wrong data or something as trivial as an electricity cut while your positions are opened can lead to great losses.

Admittedly these programs are used by big investment companies, and by asset management programs. Though still prone to error, they are backed up and monitored in ways which are very hard to achieve at home.

Home versions of trading robots are very susceptible to fraud and Forex scam and cannot always be trusted. They can also prove to be much more expensive than you’d imagine. The cost of the program itself can be affordable but the security systems which need to be installed with it; in addition to the data back-up systems which are require can all together be costly.

At the end of the day trading in Forex is a risk all in its self, you can test the programs through demo accounts and see for yourself, although it’s good to note that even the best Trading Systems have had complains and while companies may take responsibility it is not always the case that you will be reimbursed.

Automated trading robots have their advantages and disadvantages. What you will focus on is your choice.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Popular Contributors

  • Similar Content

    • By likerebateforex
      IC Markets Direct Discount (Lower Commission & Lower Spread)
      Free! No additional conditions and fees
      Direct commission reduction
      Direct spread reduction
      Open an IC Markets account : Click
      See more details : https://likerebateforex.com/ic-markets-special-discount

      Direct commission reduction for "Raw Spread" account.

      Raw Spread (Metatrader)
      Original commission : $7 per lot
      Discount commission : $5.5 per lot

      Raw Spread (cTrader)
      Original commission : $6 per lot
      Discount commission : $5.5 per lot


      Direct spread reduction for "Standard" account.

      Standard
      Original spread : start from 1.0 pips
      Discount spread: start from 0.7 pips

    • By searchyip77
      I Am NOT ADMIN/OWNER OF THE PROGRAM
      PLEASE READ MORE TO KNOW ABOUT BITINIK
      Online Date: 2020/1/26

      INVESTMENT PLAN: Short Term 110% Daily, 180% After 2 Days,5% daily 365 Days,225% After 3 Days,550% After 7 Days

      Min Spend: 5$

      Refferal commission: 1-4.2%%

      WITHDRAWAL TYPE INSTANT!

      LICENSED PROGRAM
      DDOS PROTECTION BY DDOS GUARD

      SSL SECURED

      Accept Payment: Perfectmoney, Payeer, Nitronpay

      Nitronpay link: https://nitronpay.com/

      JOIN TELEGRAM: https://t.me/SearchyipFamily

      OUR INVEST: 200$ from nitronpay

      About Project: 
      That's why, a successful holding company has the ability to make key decisions in another business, engage in recruitment and cleaning of staff, up to the managerial level, gets the necessary control over the activities of its subsidiaries. In addition to minority interests in companies, holdings can own patents, real estate, hedge funds and more. The direct task of the holding company is to control its investments in the autonomous operation of assets. The effectiveness of Bitinik is a merit and a direct consequence of the coordinated work of a team of qualified professionals selected through a complex competition. Our purpose is to scale the business by increasing the number of subsidiaries and "grandchild" controlled companies in various markets.
       




       
    • By fxfarmerashik
      Dip your toe in the water Forex trading has never been easier. Now there are more and more top Forex brokers offering great deals, a strong educational infrastructure, and to attract business.
      This is great for you as a potential Forex trader, as long as you know some important things about Forex trading.
      One of the important points that you will face soon and that can be a cause of confusion for many people is the spread in Forex.
      In simple terms, this is the difference between the price at which you can buy a currency and the price at which you can sell it. This price difference allows the broker or other market makers to make a marginal profit on your trade.
      Do Forex Brokers Profit from Spread?
      The simple answer here is YES. To understand how this happens, we have to analyze the Forex trading market a little deeper:
      When placing a trade the currency you will see the presence of the two prices.
      This is the bid price and the asking price, or in simple terms, the price you have to pay to buy the currency, and the amount you will get to sell the currency. You will see little difference in this price.
      The price difference is not in many cases show a profit for your broker if they are market makers, although this is not always the case when you consider the following.
      Spread is usually very small, and it helps protect the market maker who facilitates trading, against any major change in the market between the order and the execution of your trades.
      Because almost all the top Forex brokers offer some form of free trade and free trade commission fees, deployment acts as a regional advantage only marginal for some.
      Spreading general type Maybe You See When Trading
      When you are trading Forex broker with one of the above, you may find two specific types of spreads most often.
      It is the deployment of fixed and variable spreads. Here is a brief overview of both, along with some pros and cons that some traders feel about each.
      Spreading fixed
      As suggested by the name, this type of spread offered by the broker and then remains constant for a specified period, usually in the long term. It certainly will not be changed during your trading day.
      Fixed spreads are usually offered on the most popular, the markets major currencies such as EUR / USD, USD / JPY, and many more are seen as a very stable market with only minor fluctuations and stable, consistent trading volume.
      Pro Fixed Spread
      Even in volatile markets, the spread will remain fixed. You can accurately predict and prepare for the fixed costs of trade.
      There is usually a lower capital requirement when dealing with fixed deployment. This makes it ideal for new traders.
      Fixed Spread Cons
      Although the cost of the spread will remain predictable and fixed, you may be exposed to skid. This is the price difference between when you order and when it is executed.
      Fixed spreads are usually higher than variable spread round to help provide protection against market changes.
      Variable deployment
      A variable spread again as the name suggests, is a reversal of the spread remains in the sense that it is changing and can move smoothly throughout the trading session depends on the volume and market volatility.
      The majority of the top Forex brokers will offer a variable spread mainly on market risk or less popular to see much change in the price. This includes minor currency pairs Forex, Forex trading, and commodities.
      Pro Distribution of variables
      With a variable spread, you are likely to experience slippage on your trades.
      The variable spreads can be a good guide to the current market liquidity and sentiment.
      More often than not, a variable spread is lower than a fixed spread and thus can provide a better deal.
      Variable Spreading Cons
      A little more unpredictable if you try to plan the right trading costs.
      It can change a lot in a short time depending on the market and your broker.
      Knowing and Understanding How to Manage the Spread
      This advice is especially true if you use a variable spread of your broker. There are several ways in which you can try to minimize the spread of your own for Forex trading.
      The first is to try and choose a broker that offers the best value in a spread based on what you know to be your own trading style and needs.
      If you are not sure about this then the right place to start is the Forex demo account. It is offered by the majority of brokers and equipped with a realistic simulation trading environment without risk.
      Since the market, and therefore the deployment, can change a lot based on the news, it is a very good idea to look at the economic calendar provided by your broker.
      It will let you know where the major economic event that came. From there, you can work to decide how you think the spread may be affected.
      Finally, one of the biggest key when it comes to deployment is volume. With that in mind then, chances are you'll find a lower deployment during the main trading session hours worldwide.
      This means that New York, London, Sydney, Tokyo. Outside these hours, you may see an increase in your spread.
      Which Forex Spread Type Should You Choose?
      It really depends on your trading style, though usually, if you are new to trading, a spread is recommended because it can give you an accurate closer to the cost of trade and capital requirements typically decreases.
      For an experienced trader, or certainly, if you are trading on margin, you might want to consider a variable spread to their better value for money, especially at high volume.
      Hope you find it useful. Thank You!
      Also, read : Now Trade Like A Pro Using FIX API Trading.
    • By likerebateforex
      Likerebateforex : Free Forex Rebate 90% of our commissions
      Free! No additional conditions and fees
      Highest forex rebate rate 90% of our commissions
      Auto-rebate (hourly, daily, weekly)
      Direct to your trading account

      See more details : https://likerebateforex.com
       

    • By fxfarmerashik
      Forex trading is a learning experience. How do you tell a lot about the psychology of your trading?
      Do you trade emotionally, if you over trade when you see a favorable offer, or if you strategize a lot before the trade?
      But most importantly, how you train and monitor these things?
      That is why it is very important to make psychologically trade journals. This is the go-to weapon for the trading situation is important because it will contain your behavioral tendencies. It makes you realize the pattern of trade that you do not have to follow.
      Do not know where you'll be one of those things. But that's when your psychological trading journal will be useful. When you know your trading patterns, it helps you to stay away from people who may incur losses. So, here are some tips to maximize your trading journal:
      1) BALANCING POSITIVE AND NEGATIVE
      It is easy to write about your mistakes so you do not make them anymore. But you also have to write about the positives. For example, if strategy A and B fails, you can write in your journal. In addition, you also have to write about strategies C and D work.
      Many Forex trading site describes the different errors that traders usually do. Forex Academy is one website that not only shows the error but also tells a different way you can fix it.
      So, your journal should have two parts. The one with the negatives, which contain trading mistakes you should avoid, and secondly, the positive that talks about some of your successful trading strategies. This will help you to work on the negative and turn it into a positive future.
      2) ALWAYS HAVE THE PURPOSE OF TRADING
      Just follow your friends or fellow traders are now the way forward in Forex trading. You should always have a goal-oriented approach.
      For example, if you make a few mistakes on the first trading day, you should aim not to repeat them the next day or next week. Similarly, if you have a satisfactory ROI on your first trade, you should look to follow that strategy and get more in the second attempt.
      However, make sure that you assess the condition of the market while trading. If you are successful the first day, it does not mean the market will remain like that forever. So, keep an eye on the constantly changing market conditions.
      3) ALWAYS HAVE AN OPEN MIND
      As already mentioned, there is so much to learn from a professional Forex trading even would say that they do not have full knowledge of the market. Keeping an open mind is the best way to maximize your trading journal. Learning does not have to be limited to correcting your mistakes.
      There are many new techniques you'll find you start to trade. Do not avoid off this strategy because you trade successfully without assistance.
      Forex trading can be tough at first, but if you have a journal, hard days will be the pillars of success you soon.
      Also read: The Best Automated Trading Software of 2020
  • Topics

×
×
  • Create New...