Sunday, May 31, 2015

(XEMarkets) Review



History and Background

XM is the registered trade name of Trading Point of Financial Instruments Ltd, a CySEC-regulated, FCA (UK)-registered, international forex broker with its main offices in Limassol, Cyprus. Since its establishment in 2009, the company has gained corporate reputation by virtue of their core values such as business transparency, excellent trading conditions, and professional client communication.

XM operates its financial services with full European Union authorization (including BaFin, AFM, FI, FIN, and CNMV) and by following a best execution policy for executing trading orders in real time.
Visit XM (Trading Point) now and get a free demo account or start trading with a live account right away
Features

XM is the next-generation broker for online forex and commodity trading, offering a wide array of progressive features for trading forex, precious metals, stock indices, and energies. What makes XM outstanding is that there are no re-quotes or rejections of trading orders, no hidden fees or commissions, and 99.35% of orders get executed in less than 1 second.

 The 888:1 leverage offered by XM is unique in the industry. Over 60 currency pairs and over 100 financial instruments can be traded both online and by phone on 7 advanced trading platforms. Besides, there are no upper limits to deposits.

 Beginner and seasoned traders can equally benefit from superior services and from exactly the same trading conditions, whether they open a real or a demo account. Registration is currently available in 17 languages, and trading can be started with a min. deposit of USD5 on multiple forex accounts, or on non-expiring demo accounts funded with USD100,000 virtual currency. Clients can benefit from tight spreads as low as 1 pip on the major currency pairs.

Clients can choose from three forex account types with custom-tailored conditions and base currency options for USD, EUR, GBP, JPY, CHF, AUD: MICRO account (1 micro lot = 1,000 units of the base currency), STANDARD account (1 standard lot is 100,000 units of the base currency), and EXECUTIVE account (1 standard lot is 100,000 unites of the base currency).

 With generally tight spreads on over 60 currency pairs and the same spreads offered for all trading account types, XM also provides fractional pip pricing so that clients can trade with tighter spreads and benefit from the most accurate quoting possible.

Spreads and Leverage

 The 888:1 leverage offered by XM is unique in the industry. Over 60 currency pairs and over 100 financial instruments can be traded both online and by phone on 8 advanced trading platforms. Besides, there are no upper limits to deposits.

Platform

Both demo and real account XM clients can trade on as many as 8 trading platforms that support market, limit, stop and trailing orders, and directly accessible from 1 account.  This speeds up trading operations and gives traders great flexibility to trade from anywhere and at anytime with ease. At XM the multi-award winning platform Metatrader 4 works with an unlimited number of demo and real accounts, and Expert Advisors (EAs) are also supported.

The available trading software is as follows: MT4 Terminal; MT4 for Mac; Web Trader; iPhone Trader; iPad Trader; Droid Trader; Mobile Trader. Apart from this, the XM MAM Trader allows multi-account management to fund/asset managers and multiple account holders with an unlimited use of charts and EAs.

Deposits and Withdrawals

Negative balance protection, the no re-requotes and no hidden fees or commissions policy, together with the strict and real-time market execution policy rank XM among the most sought-after forex brokers.

 The safety of client funds is guaranteed by funds being kept in Tier1 segregated Barclays accounts. Account funding is 100% automatic and processed 24/7, while same day withdrawals are guaranteed. Clients can choose from various modern payment options, with a wide geographical coverage: credit cards (VISA, VISA Electron, MasterCard, Switch, Solo) bank wire, Neteller, Moneybookers Skrill, Western Union, MoneyGram, WebMoney, China UnionPay, SOFORT, iDEAL. The recently introduced local bank transfer option enables investors to fund their accounts through their own local banks (in 58 countries worldwide) and in their local currencies.  There are no hidden fees or commissions for funds transfers, and all transfer fees are covered by XM.

Beginners' and Customer Support

Multilingual Personal Account Managers are at both demo and real account clients’ disposal via live chat, by telephone or email in over 14 languages, assisting them with professional support 24 hours on 5 business days.

 Rich forex educational material is at clients’ disposal, with free weekly interactive webinars, as well as with free, uniquely developed MT 4 video tutorials. The multilingual economic calendar, along with forex news and market analysis provided by XM financial experts help clients follow market changes and adapt their trading decisions accordingly

Conclusion

The staff at XM (TradingPoint) is committed to satisfying your every need with integrity, transparency, and the determination to serve you well.  The firm has quickly passed through its early development stage, as evidenced by the preponderance of favorable reviews, falling into the “7 out of 10” region of the scale, from satisfied customers on Internet review sites.  The benefits of choosing this broker are clearly stated on the Home page of their website:

•    Licensed in the EU
•    Tight Spreads from 1 Pip
•    Flexible Leverage up to 888:1
•    No Commissions
•    $30 + Deposit Bonus up to $5,000
•    24 Hour Support
•    No Re-quotes
•    Fast and Easy Withdrawals
•    Personal Account Managers
•    Automated Trading
•    Phone Trading

Visit XM (Trading Point) now and get a free demo account or start trading with a live account right away

Saturday, May 30, 2015

Plus500 Review

History and Background

Plus500 is an online brokerage service specializing primarily in the forex market. Headquartered in the UK, they are also authorized and regulated by the British Financial Conduct Authority (FCA). The company is registered under the name Plus500UK Ltd with registration #07024970. The FCA registration number for the firm is ID #509909.

Please note that Plus500 does not accept U.S. clients. Therefore, if you are located in the United States, we suggest choosing another top rated broker. As you can see in the comments below Plus500.com is a very trustworthy and reputable broker that we can really recommend for non US clients.

         * Your capital may be at risk

         *  Plus500 is a CFDs service
Visit Plus500.com now and get a free demo account or start trading with a live account right away
Account Types

Plus500 offers two account options, consisting of a demo account, which has no time limit and can be opened free of charge, and a live account that requires a minimum deposit of $100. Plus500 offers customers a $20 "welcome" bonus on all accounts, including the demo account and generous bonuses of up to $7,000 for initial funding. Leverage for forex accounts is a maximum of 50:1.

Trading foreign exchange on margin poses a high risk level and it may not be fitting for all types of investors. The elevated degree of leverage can cause positive and negative outcomes.

Trading Software

Plus500 offers a comprehensive and easy to use proprietary trading platform and technical analysis software for their clients. The trading platform allows the trader to trade in multiple markets from the same screen and provides real time quotes for all of its products.

In addition to forex, Plus500 clients can also trade commodities, stocks, indexes, ETFs and CFDs from the same trading platform, a significant advantage to using Plus500 as a broker.

Besides its ease of use, the main advantage of the Plus500 trading platform consists in an all inclusive trading screen with clearly labeled tabs on top for details on past trades and current positions, as well as multiple market trading capabilities. Charting software is included with the trading platform, but charts appear individually, since the charting software does not allow for multiple graphs on the same screen.

The Plus500 trading platform comes in three different versions: a downloadable version, which can be copied to your laptop or desktop, a web-based version, which allows the trader to access the platform from any other computer, and a mobile version for use with cell phones and other mobile devices.

Deposits and Withdrawals

Funding an account at Plus500 can be accomplished through a Visa or MasterCard credit card, MoneyBookers or through a wire transfer. The fastest way to begin trading is by depositing through a Visa or MasterCard. The customer just has to go to the Plus500 cashier screen and fill out their credit card details to begin trading immediately.

Funding an account through Moneybookers is just as easy. The customer must navigate to the "Funds Management" window in the trading platform, select the Moneybookers option, and enter the Moneybookers e-mail address. A new pop up window will open where the Moneybookers transfer can be confirmed.

Deposits made to Plus500 through a wire transfer are generally straightforward but take up to three days to show up in the account. For a wire transfer deposit, go to the "Funds Management" window, click on "Wire" and then click on the "Send me Wire Details" option. Plus500 will then email the customer with the wiring details.

The Plus500 email will give the customer the details for wiring funds to their bank and also state the minimum and maximum deposit amounts allowed through a wire transfer. The minimum deposit is £300.00, while the maximum deposit amount is £100,000.
Due to FSA regulation, withdrawals from a Plus500 account require that the customer present an official photo ID. The ID must be a current passport, driver's license or other official document and must be presented before being allowed to make a withdrawal.

This information can be sent via e-mail or by uploading a pdf, tif, jpeg or doc type file with the upload function provided on the Plus500 trading platform. Clients should allow up to 24 hours for the files to be reviewed. If the identification document cannot be scanned, the client can photograph the ID with a digital camera or a mobile phone.

Risk disclaimer: Forex trading involves substantial risk of loss and is not suitable for all investors. You may lose more than your initial investment.

Customer Support

Plus500 offers excellent e-mail and fax support in multiple languages 24/7, nevertheless, they do not offer online chat or telephone support, which can be a disadvantage if the customer loses internet service or their computer crashes while trading. Please have a look at the comments below and you'll see that they have an active customer support holding their promise to help their clients with every issue.

Safety

Plus500 is authorized and regulated by the British Financial Conduct Authority (FCA) with their registration number being #509909. We feel that this forex broker is a very safe broker to trade with. Please also read the comments below which will give further evidence of this.

Conclusion

Plus500 makes a good choice for non-U.S. traders with an easy to use trading platform which offers multi asset trading capability. New traders can take advantage of the unlimited time to use the demo account, while seasoned traders can take advantage of tight dealing spreads and the generous bonuses offered when initially funding the account. Also, the Plus500 trading platform offers traders the possibility of integrating their trades in other financial markets, all on one screen. Overall, Plus500 makes an excellent choice for an online broker.

Visit Plus500.com now and get a free demo account or start trading with a live account right away

Friday, May 29, 2015

Finexo Review



One of the relatively younger firms in the forex brokerage industry, Finexo was established around 2003 by software engineers, hedge fund traders and bankers with a common interest and passion for the forex market.

Finexo was acquired by SafeCap Investments in early 2010 and as a result of the merge, they no longer accept U.S. clients. SafeCap is a company with strong financial background who also owns Markets.com and is regulated by multiple organizations including the FCA and CySec.
Visit Finexo now and get a free demo account or start trading with a live account right away 
Account Types

Finexo offers a MetaTrader 4 platform which is considered the most sophisticated and advanced forex trading software available in today’s markets. The software supports many order types. The charting capabilities of the software are mostly directed toward beginning traders, as Finexo does not include a large number of charting tools in its package.

The firm offers both a mini and a standard account, with leverage up to 200:1 possible. Traders must keep in mind that the greater the leverage, the greater the risk of loss.

The software package comes with supporting features including daily FX analysis by Finexo’s professionals and an online Forex glossary covering all the confusing terms in the market, advanced forex broker charts, in addition to a comprehensive calendar that aims to keep the trader on top of all the fundamental developments in the market. The platform also supports mobile and PDA-based trading.

Finexo offers all the popular pairs including the EURJPY, EURUSD and the USDCHF, among others, for trading. Under usual market circumstances, the spread of the EURUSD pair, is just three pips.

As with most other brokers, Finexo also offers a free demo account where beginner traders can improve their skills before they are trading with real funds.

Deposits and Withdrawals

The minimum deposit requirement at Finexo is $100. There’s also maximum deposit limit which is $5,000 for credit and debit cards and $50,000 for bank transfers, e-gold or e-bullion.

Finexo accepts deposits by Visa, Mastercard and Diners. In the case of credit card, Liberty Reserve or Moneybookers deposits, your account will be credited free of any charges. Deposits by wire transfers incur fees charged by banks only. Deposits via Paypal are subject to the usual terms and conditions of Paypal.

Customer withdrawals through Paypal are charged 3.4 % of the amount and 0.5 SGD, while transactions through a Moneybookers account incur a fee of 3%. Credit card withdrawals are subject to a 3.5% fee and bank transfers cost a minimum $10, depending on the bank's own rates.

In general, Finexo is very straightforward and transparent about customer withdrawals and the good reputation of the firm among traders bears testimony to its honorable attitude toward its clients. Usually withdrawals will be completed in 48 hours, but in cases where a lot of processing is necessary, a maximum delay of 7 days is possible.

Security

Finexo operates in the Nertherlands, Austria and Hungary, and in each of these nations its practices are carefully monitored by the authorities.

Customer Service

One of the most interesting and powerful aspects of Finexo is the competent, patient and knowledgeable customer service of the firm which is available 24 hours a day. The website offers an online forex tour and an audio market review that goes into the basics and details of currency trading in each update.

In its mission statement, Finexo claims that commitment to the individual investor is paramount to the firm’s mission. And to make true on this commitment, the firm employs some of the most talented minds in the online currency trading business to develop solutions that will ensure an easier and healthier trading career for all traders.

Conclusion

Finexo is a beginner-friendly firm that offers a lot of opportunities and somewhat limited risks to beginners through its moderately low initial deposit requirement at just $100 and the demo trading options available. Deposits and withdrawals are both easy and in generally hassle-free, with the customer service available 24-hours a day to answer all your questions.

Finexo also offers many advanced tools for experienced traders through the many analytical packages offered through its website. The fundamental reports provided by the firm’s experts are among the best in their class and the quality of their studies hastens the pace of a trader’s career by the informational wealth they provide.

Finally, the mobile and PDA trading options ensure that Finexo’s clients can easily navigate and profit in even the most volatile and confusing markets imaginable. The ability to manage a position on the fly is surely a great capability welcomed by any seasoned trader and it is rapidly becoming a standard feature of the industry.

Regulated by perhaps the most reliable regulatory authorities in the EU, the FCA and CySec. Finexo is a friendly, responsible and innovative broker that will enhance your trading career and experience with its great offerings.


Thursday, May 28, 2015

London Capital Group Review


Background

Many of today’s forex brokers inundate you with a flood of promotions and innovative features that do little more than confuse and distract. Londoncapitalgroup.com (LCG) is not one of those brokers. On the contrary, they earned their stripes in the nineties handling a proprietary trading operation that catered to large institutional clients. Their focus, as most traders would hope, is fixated on providing reliable service with quick execution speeds at the lowest prices in town. Combine these facts with being regulated by the Financial Conduct Authority (FCA) and being traded on the London Stock Exchange, and you have a winning formula that only few can match in today’s industry.

The firm’s holding company began financial trading operations in 1996. In 2003, it launched its financial spread-betting broker, “Capitalspreads.com”, and in 2005 after a management buyout and IPO, it launched its traditional forex trading offering, LCG. As an additional assurance for the trading community, public companies must also adhere to stricter reporting standards and maintain capital levels that are public knowledge each and every day. The current market cap for the publicly traded holding company is nearly £20 million at last reading. LCG offers a broad array of currency pairs, together with futures trading in indices and commodities. U.S. clients are not accepted at this time.

LCG is an ECN/Straight-Through-Processor (STP), and this market execution setup enables a spread-plus-commission pricing model that, when combined with Tier-1 liquidity providers, yields transaction pricing that is difficult to find elsewhere. Leverage varies by asset class, starting at 300:1 for forex, and declining to as low as 40:1 for some indices. LCG uses the Metatrader4 set of trading platforms with market execution of orders. Expert Advisors are allowed for automated trading. Customer Support and Sales Team staff members are excellent, and daily emails get you ready for each day’s action. To cap off the offering, LCG also awards a 10% welcome bonus, up to a max of $5,000 on your initial deposit. What’s not to like about this top-of-the-line broker?
Unique Features of Trading with London Capital Group

Why trade with Londoncapitalgroup.com? The firm lists these reasons:
Proprietary trading operation began in 1996 in London;
Regulated and licensed by the Financial Conduct Authority (FCA);
Holding company is publicly traded on the London Stock Exchange with a market cap of roughly £20 million;
Asset choices range from major and minor currency pairs (39) to indices (12) and commodities (15);
Spread/Commission pricing structure rivals the lowest in town; LCG low commission charges are included in the FX spreads and there are no hidden fees
Promotional welcome bonus of 10% up to $5,000 with a $3 credit to funds available for withdrawal with each trade that follows;
Pip spread on majors; from 0.6 pips
Leverage varies by asset type: Forex – 300:1; Indices – 100 to 40:1; Commodities – 100 to 50:1:
Metatrader4 trading platform supports desktop and mobile access;
ECN/STP processor for swift order execution and tight spreads;
One account classification that comes with a free demo account;
Daily emails with market commentary and analysis prepare for each trading day’s action;
Customer service reps are available 24X7 while trading markets are open.

Spreads & Leverage

Since LCG is a full-on ECN/STP broker, its system matches client orders directly with market liquidity providers, which vary in spread and open amount appetites. For this reason market execution may deliver the lowest price in town, but there may be minor slippage when an order exceeds the market limit available. The website explains this complexity, but in any event, the spreads are very competitive. Leverage varies by asset choice selection. Currency pairs can be as high as 300:1, but indices and commodities may start at 100:1 in some cases, but fall as low as 40:1. The amount of leverage used also determines the minimum trade amount, based on the selected lot size. Pip spread on majors; from 0.6 pips.

Platform

In order to provide swift order execution at extremely low prices, LCG management elected to go with Metatrader4 trading platform protocols, the most popular setup in the industry. The MT4 products align well with ECN market execution usage, and each trader can avail themselves of the online user guide and MT4 community of traders for answers to questions or to share information with other interested traders. Mobile applications are also supported, and the latest in 256-bit SSL technology is employed to encrypt all sensitive data for purposes of safety and security.

Deposits and Withdrawals

Visa or Mastercard credit cards or selected debit cards may be used for deposits, but banking wire transfers are the preferred method. Deposits and accounts may be maintained in USD, GBP, or EUR. While there is no minimum deposit for an account, your minimum trade amount will depend on the asset chosen, lot size, and leverage. The website illustrates with examples as to how this computation is made. Withdrawal requests will be approved and processed within 24 hours, but only if internationally mandated personal identity information is already on file, as required by regulations.

Beginner Support

Customer and Sales Support specialists have trading experience and the ability to answer any questions that you might have about getting started. You may access them on any trading day while markets are open on a 24X7 basis, either by direct phone or email. If you are a beginner and need to brush up on the basics, then the companion website at Capitalspreads.com provides an abundance of video tutorials, webinars, and ebooks for your review and use. LCG also initiates each trading day with an informative email, delivered to all clients that includes complete commentary and analysis for the forex, commodity, and indices markets, highlighting what you might encounter during the trading day.

Conclusion

London Capital Group still maintains a hefty market share of institutional clients and third-party partnering arrangements, but for the professional trader that is looking for something exceptional without having to pay for a lot of glitz that he does not need or want, LCG is waiting for your patronage. LCG ensures that low fees, service reliability, excellent support, and the peace of mind that comes with FCA regulation in London are all packaged together for one no-nonsense deal that focuses on your results. The firm’s website speaks to pride and commitment: “At LCG we're proud of our key strengths… But we won't stop there because we're constantly looking at ways we can improve our offering.” Trust, transparency, and reliability at a very low cost – tough to beat in today’s forex marketplace!

Wednesday, May 27, 2015

HotForex Review




Background

Being “customer responsive” is a proven path to success, especially in the forex brokerage industry, but many firms profess more than they deliver. Not so with HotForex.com, which may be one of the best in the industry at giving their clients what they want and then some. The firm’s offerings and features are bristling with new additions that are tailored to suit specific segments of the global community of traders. If you feel out of sorts with your broker or that the trading environment is not ideal for your individual trading strategies, then HotForex, also known as HF Markets Ltd., may be the broker that you have been searching for. If you prefer binary options, then they can fill that need, as well. Unfortunately, they do not accept U.S. clients at this time.

At HotForex, you can trade traditional forex pairs or binary options, but you can also dabble in CFDs for commodities, stocks, and indices. Formed in 2008 with headquarters in Mauritius, HotForex offers a dual-regulatory compliance regime for their European operations. The Financial Services Commission (FSC) handles compliance in Mauritius, while CySEC regulations apply to its Cyprus operating center. Multiple-language capabilities have attracted a broad-based global customer base of loyal fans, many persuaded to join in due to the 14 prestigious industry awards that the firm has earned over the past seven years. There are also plentiful bonus and award programs to tempt you, whether you are a new, old, big-lot or small-lot trader. HotForex does not discriminate. Micro accounts begin at $5 and progress from there. There are also other specialized accounts that access new social trading and zero-spread trading accounts.

HotForex is a Straight-Through-Processor (STP) that has aligned its liquidity providers to accommodate all types of traders, including scalpers and automated traders. You may download the popular Metatrader4 platform series or access one of many customized operating systems that permit web-based and mobile action to flourish on any operating system. Tight spreads are the rule, and you will find higher leverage limits than offered at most all other brokers. Support materials are excellent and in abundance, and customer service is top-of-the-line, as well. “Honesty, Openness and Transparency” is the firm’s byline, a “HOT” combination from a hot forex broker making its mark.
Unique Features of Trading with HotForex

Why trade with HotForex.com? The firm lists these reasons:
Formed in 2008 in the Republic of Mauritius by industry professionals;
Regulated by the FSC in Mauritius and CySEC in Cyprus;
All deposits are safe in segregated accounts with Tier-1 international banks;
Trade traditional forex pairs or CFDs for stocks, commodities, and indices with over 200 asset choices in 20 markets;
If you prefer binary options, their subsidiary, OptionTrade.com, can handle your needs with a single click from the HotForex website;
MT4 trading platform formats, combined with customized web-based versions for access via any all operating system;
Three standard accounts with escalating benefits: Micro ($5 - $499, Leverage 1000:1); Premium ($500 - $39,999, Leverage 400:1); VIP (Over $40,000, Leverage 300:1);
Specialized accounts: “No-Swap Islamic” account and a Currenex account to provide near zero-spreads for scalpers and automated traders requiring near-zero fixed spreads;
No U.S. clients accepted at this time;
New social trading features will let you “connect with other traders, discuss strategies and news, follow and copy the most successful portfolios and quickly expand your network by identifying more trading opportunities;”
Multiple deposit methods supported;
Proprietary debit card for quick withdrawal applications;
Website in 25 languages, many of which are supported by customer service 24X5 each trading day;


Spreads & Leverage

HotForex offers primarily variable tight spreads, but they also offer a specialized fixed spread account for scalpers and automated traders that equates to Interbank spread prices. Leverage also varies by account classification. For Micro, Premium, and VIP, leverage conditions are respectively 1000:1, 400:1, and 300:1.

Platform

You will not encounter access problems with HotForex. If you prefer MT4 software, then downloads are available, but if your operating system balks or you prefer a web-based solution or mobile app, then look no further. HotForex has custom made a number of software solutions, all state-of-the-art, and each will make your trading experience an enjoyable one from the get go. Mobile access is a snap, any time of day and via any Internet-capable devise, whether a phone, a tablet, or a laptop. The latest in 256-bit SSL technology also encrypts all personal and trading session data for security purposes.

Deposits and Withdrawals

HotForex accepts all major credit and debit cards, bank wire transfers, and additional services like Cashu, Skrill (Moneybookers), Neteller, Ukash, and Webmoney. As with all global brokers, you will need to submit legally mandated identity information before any withdrawal request can be approved and processed. The firm will, if you request, then provide you with its proprietary debit card that can be used for direct purchases or withdrawals at ATMs, all funded by your account balances. For safety purposes and in compliance with regulatory standards, all client deposits are segregated from operating capital in accounts with major Tier-1 banks, like Barclays.

Beginner Support

Bi-lingual customer service representatives speak a dozen or more languages and can be reached “24X5” via phone, email, live chat, or even Skype. The website can actually be read in 25 languages. The firm’s educational center is filled with training materials, videos, charting tools, free signal alerts, daily commentary, and more, for both beginners and veterans.

Conclusion

HotForex has gone over the top to give its customers what they truly want. The firm exemplifies the true meaning of the words “full-service” and “one-stop-shop”. If you want it, you will find it here: competitive spreads and leverage; special account features; customized trading platforms for all operating systems; social trading; accommodative fees for scalpers and EA enthusiasts; and all wrapped together with excellent customer service and support materials. You will be hard pressed to find another broker that tries this hard to win you over, and, judging by its awards and favorable testimonials, the trading public agrees that HotForex is definitely “HOT” and top tier.

Tuesday, May 26, 2015

NSFX Review



Background

Are you tired of looking at forex and binary option broker sites that look the same, as if cut and pasted from another site, with few in the way of disclosures about the management team, regulation, or the safety of your personal deposits? For these reasons alone, NSFX.com is worthy of your consideration, even though they just opened their doors for business in 2012. This management team is proud enough to post their pictures and bios for all to see, a rarity these days. The firm is subject to some of the strictest regulatory compliance regimens on the planet, and it has taken specific steps to segregate your deposits in Tier-1 banks in separate accounts, far from their operating capital.

Are you interested now? Financial professionals that understand the business and know how technology can reshape the competitive playing field founded NSFX.com in 2012. The firm has operating licenses issued by the Malta Financial Services Authority (The MFSA), files monthly compliance reports with major regulatory bodies, and is in full compliance with the European MiFID (Markets in Financial Instruments Directive), the FSA, and many other regulatory bodies across Europe.

The company distinguishes itself, however, in its approach to technology. Yes, they use the Metatrader4 line of products, but they have gone one step further, utilizing the best, designers, software developers, and analysts to create an innovative framework not seen from other brokers. The term their new approach as “MyNSFX”, defined as “a unified client and partner management console that incorporates the trading platform with every tool no more than one click away and is fully integrated into the core system.” Traditional or ECN STP setups are available, but people that have tested their system have proclaimed that their advances are “so cutting edge it's likely to change the way every Forex Broker does business.” The firm’s obvious goal is to immerse you in the next generation of forex trading.

Features of NSFX

Why trade with NSFX.com? The firm lists these reasons:
NSFX is in compliance with all major regulatory agencies across Europe;
Client deposits are 100% segregated in Tier-1 bank accounts, separate from the firm’s operating capital;
The firm has partnered with Barclays, CitiFX Pro, UBS, Bank of America and Deutsche Bank to secure the stability, safety and liquidity that only large banking institutions can provide;
Negative balance protection is provided on all accounts;
Trade 70+ currency pairs, choosing fixed or variable spread trading methods;
Trade from any device with the company’s proprietary trading platform or use one of the many MT4 trading offerings for either traditional or ECN type trading efficiency;
Leverage varies by platform choice but can be as high as 200:1;
Spreads can be as low as 0.9 pips on the EUR/USD pair;
A personal account manager is included with each account package;
Registration is free, but the minimum deposit is $300;
Major credit and debit cards, wire transfer, and a variety of local payment methods ensure prompt and easy movements of funds;
Full range of educational and training materials, ebooks, and tutorials;
Customer service reps are available “24/7” and speak English, Arabic, Italian, and German, while the website can be read in each of these plus Turkish.

Spreads and Leverage

Spreads using an ECN approach can be as thin as 0.9 pips for the Euro. Leverage varies by trading platform from 100:1 to 200:1.

Platform

The NSTrader platform is proprietary and was created to permit access from any device with fixed spreads. The management team has also chosen to use an array of MT4 products labeled as Standard, Professional ECN, and VIP ECN. The company has integrated its unique feature set into these systems to create “MyNSFX”, which now offers “a seamless flow between our client's desire for knowledge and the ability to act upon that knowledge.” Clients are already calling it the wave of the future.

Deposits and Withdrawals

All major credit/debit cards, Moneybookers (Skrill), banking wire transfer, and CashU are supported, making deposits and withdrawals a convenient and easy process. The minimum deposit required has been set at $300, and withdrawal requests will be handled promptly, as long as internationally mandated identity documentation is already on file.  

Beginners' and Customer Support

The NSFX.com website may be viewed either in English, German, Italian, Arabic, or Turkish. An account manager is assigned to each new account, and customer service representatives are available “24/7” that speak each of the above languages with the exception of Turkish. The Trading Academy is also free and is full of resources that will benefit beginner and veteran alike from learning the basics to developing complex trading strategies. There are weekly webinars on all aspects of trading and a vast library of video tutorials.

Conclusion

It is refreshing to find a new broker that willingly speaks to transparency by publishing bios of its chief executives, listing all of the regulatory agencies that it interfaces with on a monthly basis, and disclosing how client funds are segregated in Tier-1 banks by actually naming the banks and the auditors that oversee this “best business practice”. The forex industry has come under fire in each of these areas, and NSFX has gone out of its way to assure customers of its commitment to excellence in each area. The firm also sets itself apart in the technology arena where as their motto declares, “Our client's investments shouldn't be limited or affected by a technological constraint outside of their control or desire.” NSFX has made good on this promise, as well, and is well worth your consideration as your forex broker of choice.

Sunday, May 24, 2015

OctaFX Review


History and Background

OctaFX.com, a relative newcomer in the burgeoning forex broker industry scene, has already made a name for themselves in three short years. Formed in 2011, OctaFX is registered in Saint Vincent and the Grenadines under license number 19776 IBC 2011, but its operating center is run out of Jakarta, Indonesia. For this reason, it has focused on Asia as its primary market, although it services customers in over 100 countries around the globe. Licensing and regulation comes from its island’s regulatory authority, the Financial Services Authority (FSA). International regulation is in process, but the firm complies with global standards to gain your trust. U.S. clients, unfortunately, are not accepted at this time.

When trying to choose from the plethora of available forex brokers, the prudent path is to review regulatory compliance and to note any significant awards or favorable reviews that your prospective firm has earned. From the standpoint of awards, OctaFX has been exemplary. The Global Banking and Finance Review and the Forex Report Magazine, two online portals that provide informative and independent news for the global banking and finance industry, recently recognized OctaFX as the “Best ECN Broker in Asia - 2014” and the “Best Broker Central Asia – 2014”, respectively. A separate page on the firm’s website is details no less than six awards garnered from 2012 through 2014.

The management team also elected to operate as a STP (Straight Through Processing) ECN broker, thereby permitting tight spreads, fast execution, no slippage, and no re-quotes for its clients. Trading options include major currency pairs, along with gold and silver. Their trading platforms begin with the highly popular Metatrader4 downloadable series, including mobile apps. They also offer a “cTrader” series of platforms that supports additional capabilities not found in MT4 modules. Promotional programs and contests abound on an ever-changing calendar to spark interest. From the CEO down to everyone on staff, “Perfectionism in its best sense, professionalism and goal-orientation is what distinguishes the OctaFX team.”
Features

Why trade with OctaFX.com? The firm lists these reasons:
Founded in 2011 and headquartered in Saint Vincent and the Grenadines;
Local FSA regulation and licensing body;
Six major industry awards received for services in 2012 through 2014;
STP/ECN format ensures no slippage, no re-quotes, tight spreads, and fast execution;
No trading room or dealing desk in ECN environment trading against you;
Four account types are offered, ranging from Micro to Mini for beginners, and to ECN for advanced traders;
Customer service reps work “24X5” on market days to fulfill your every need for assistance;
Metatrader4 versions available, together with a “cTrader” platform containing additional enhancements;
State of the Art Network ensures stability, great execution, reliability, and deep liquidity from global banking providers;
ECN fixed spreads begin as low as 0.2 pips;
Up to 1:500 leverage with micro-lots (0.01 size) available for everyone;
Client deposits are always held in safe and secure accounts, segregated from the firm’s operating capital;
Scalping, hedging, trading on the news, and EAs are permitted at OctaFX.
The firm is always conducting a contest or a new promotion for the benefit of its clients.

Spreads and Leverage

As a non-dealing desk STP/ECN broker, OctaFX can guarantee very tight spreads from 0.2 pips, no slippage, and no re-quotes. Leverage up to 500:1 is also offered, even on small micro lot positions.

Platform

OctaFX offers two different trading platforms for your use, each allowing for unlimited access from your desktop, laptop, or mobile device. First, OctaFX grants access to the highly popular MetaTrader series of forex trading platforms. The MT4 set will support your android, iphone, or any WinMobile OS compliant device. Secondly, the firm also provides “cTrader”, what the company states as the new standard in forex trading. Access is similar to MT4, including Apple compatibility, but there are a few additional bells and whistles that make it worth your wile to test out on their free demo system. The latest technology in 128-bit SSL protection routines are utilized to encrypt all trading session and personal data, providing peace of mind from any unexpected compromise from the hacking community.

Deposits and Withdrawals

Deposit and withdrawals can be made through normal channels, like Bank Wire Transfers, Visa / MasterCard, Skrill (Moneybookers), and CashU, but other domestic payment methods are also supported with new ones being added monthly. Your deposit may be in USD or EUR, and the minimum deposit is $5 for a Micro account balance. A typical withdrawal request will be processed immediately with a confirming email following, as long as personal ID information is on file and in order. International anti-money laundering legislation requires that every global forex broker follow specific rules before any withdrawal request can be approved.

Beginner's and Customer Support

Customer service representatives in Jakarta, Indonesia are eager to provide support in several languages. They can be accessed “24X5”, each and every business day. OctaFX notes that these reps handle over 2,000 inquiries each day and resolve queries in five minutes on average, a testament to their professional ability to respond in a timely fashion. Email, live chat, and toll-free phone lines provide access. The company also supplies market news, research, and a convenient economic calendar.

Conclusion

OctaFX has already garnered a number of prestigious industry awards and favorable testimonials, a good basis for choosing this relatively new entrant in the forex broker arena. They are also one of the few brokers willing to share volume data online. For example, on average, 500 new clients, 50,000 profitable trades, and $4 billion in value traded happen on a daily basis. OctaFX also acts in full compliance with international legislation and regulatory standards, in addition to local oversight. FXEmpire, a reputable forex site in London offered these words of praise, “OctaFX have managed to conquer the hearts and minds of many of their clients with the effort and dedication that they put into providing top notch services to their clients. For those who are in the market for a reliable and efficient forex broker, OctaFX certainly comes highly recommended.”

Saturday, May 23, 2015

CM Trading Review



History and Background

CMTrading.com is a unique forex brokerage service, operating out of the well-established financial center of Johannesburg, South Africa. It also has an operating center in the Seychelles, and from these two vantage points, it offers a full service trading experience to a clientele of customers spread across the globe. The firm distinguishes itself from its competitors by offering many services and features that are not available elsewhere, and its learning center is easily at the top end in the industry. CMTrading is also committed to innovation, striving always to offer something new to attract your interest and provide an enjoyable trading environment while maintaining quick order execution from major liquidity providers.

The regulatory regime in South Africa is strict and organized in the same fashion as in the UK and Europe. It is known as the Financial Services Board (FSB) and has authorized the firm’s operation under FAIS License Number 38782. One of the benefits of strict regulation is that your deposits are safe, segregated completely from operating capital in secure accounts at major Tier-1 banks. Operating standards are also higher, and all personal and transactional data are encrypted instantly by using the latest in SSL technology. CMTrading was founded by “traders for traders” to create a “one-stop shop for online trading”. In this vein, the firm also provides alternative asset choices in the form of CFDs for commodities, stocks and indices, along with leverage of 50:1. At this time, U.S. regulators do not formally approve of CFDs, and, therefore, U.S. customers are not accepted at this time.

CMTrading has also received several prestigious industry awards. Metatrader4 and Sirix platform formats are supported to allow for access from any Internet-capable device. The firm’s feature set is robust, since the management team is focused on “always looking to give you that bit extra.” Their “CopyKat” service permits mirror and social trading. A unique “Guardian Angel” feature warns you immediately of any major changes in market conditions, while their “Flexi Analysis” system assembles all proprietary analyses and trade signals in one convenient place in nearly 100 languages. Lastly, if your account balance is over $500, the firm will send you, at your election, a MasterCard prepaid card that can be used for immediate ATM withdrawals or purchases, using funds from your account. If you desire a cut above, CMTrading is the place for you.
Features

Why trade with CMTrading.com? The firm lists these reasons:
Founded by a group of professionals, astute in all aspects of the trading industry;
Headquartered in Johannesburg, South Africa, with an operating satellite office in Victoria, Mahe, Seychelles;
Firm offers traditional forex trading, as well as CFDs for commodities, stocks and indices;
MT4 and Sirix trading platforms provide a complete set of access options;
Competitive spreads and leverage up to 200:1 (400:1 on Mini accounts);
Up to 50:1 leverage allowed on CFDs;
Automated “mirroring” service (“CopyKat”) and social trading;
Extensive education materials that include one-on-one training;
Four account classifications with escalating benefits, including tighter spreads: Mini ($200 to $999; Standard ($1,000 to $4,999); Executive ($5,000 to $24,999); and Gold (over $25,000);
A free Demo Account comes with all account classifications;
Deposit minimum = $200;
Withdrawal requests are handled within 24 hours, or they can be immediate if you use the firm’s proprietary MasterCard prepaid card;
Several promotions and bonus programs that change from time to time;
Institutional players will benefit from partnering with CMTrading’s Introducing Broker (IB) Program, which also won the 2013 Award Best IB program;
Bilingual customer service reps are available 24X5 via live chat, email, or by 16 direct international phone lines.

Spreads and Leverage

For “Mini” and “Standard” accounts, spreads for major pairs average between 2 to 3 pips, in line with other competitive traditional forex brokers, but you can get a 1 pip discount on average with the higher account classifications of “Executive” and “Gold”. Leverage provided for forex trades is 400:1 for the Mini account and 200:1 for all other account classifications. The firm also allows 50:1 leverage on CFDs.

Platform

CMTrading employs the highly popular Metatrader4 trading platform. For those traders that are on-the-go or do not want to download MT4, CMTrading supports the Sirix set of web-based and mobile trading platform services. All systems exude state-of-the-art order execution, and special proprietary features make sure that each trader is kept informed of market changes by the clever use of free signals and alerts. The latest in 256-bit SSL encryption technology ensures that your security and privacy will not be compromised by any illicit interventions from the hacking community.

Deposits and Withdrawals

CMTrading makes depositing funds an easy task by accepting all major credit/debit cards, bank wire transfers, CashU, and Skrill (Moneybookers). Withdrawals are also a snap, most always processed within a 24-hour period, as long as internationally mandated identity documentation is in order. One unique aspect of this firm is that it is the only broker that we know that issues its own MasterCard prepaid card to its clients. The card can be used at ATMs or the point-of-sale for purchases around the globe.

Customer Support

Customer Service assistants are bilingual and accessible “24X5” during weekly trading hours. Live chat, email, or a direct call from any of sixteen international direct phone lines is all it takes to get professional support immediately. The firm’s support reputation is stellar, but it is even better know as one of the best training brokers in the business. Educational materials include Training Videos, Technical Analysis, Fundamental Analysis, Webinars, Guardian Angel, Expert Advisors, CM Trading Signals, Flexi Analysis, Support Resistance, and Trendlines Forex. The “Guardian Angel” service is proprietary and unique. Special communication techniques warn traders of rapidly changing conditions in the market.

Conclusion

CMTrading may be on the southern tip of Africa and seem to be far away, but they operate in one of the more developed financial centers of the world, together with another operating satellite office in the Seychelles. The firm’s service offering is very competitive, and they have made a point to offer numerous services and features that you will not find elsewhere. Their trading platform options are state-of-the-art and ensure an enjoyable trading experience, for both beginners and veterans, alike. The firm is also not standing in place on its laurels and awards to date. In their introductory section, the management team commits to continuous innovation: “As CMTrading continues to develop and upgrade we look only to arrive at the forefront of the online trading world.” They appear on track to achieving this goal and are well worth your consideration.

Friday, May 22, 2015

IronFX Review



History and Background

Transparency is a term that has been bandied about the brokerage industry to connote integrity and trust, but saying it is once thing, and living it is another. IronFX.com entered the forex fray in 2010 and immediately displayed transparency from the first day it opened its doors. Not only is everything adequately explained and disclosed on their website and more, the firm has willingly approached various regulatory bodies for independent verification of their voracity and integrity in all matters. As a result, they have been honored with more than fifteen industry awards, all assigning “Best” to its various activities.

IronFX is also a company of global substance. They boast 50 worldwide offices and over 1,100 employees that service clients in over 180 countries. Support is not limited to a few well-known languages – the most multi-lingual staff on the planet speaks over 46 languages. Do you sleep better at night if regulators have oversight on your broker’s operations? No problems with this firm. As the management attests, the firm “is authorized and regulated by FCA, ASIC, FSP, CRFIN, CySEC. The company is a member of Eurex and is also an EU regulated and MiFID compliant firm.” Unfortunately, U.S. clients are not accepted at this time.

From a product perspective, IronFX specializes in Forex, CFDs on US and UK stocks, commodities, and spot metals. You may choose from over 3000 investment instruments. The staff has also elected to go with the highly popular MetaTrader product line of trading platforms. Whether traditional MT4, web-based or fully mobile, your demands can be met by IronFX’s many offerings, which deliver the tightest spreads in the industry as a STP/ECN broker. Various account classification have been tailored to meet the needs of the most discerning of clients, starting with a Micro Account at $50 and moving quickly to more premium varieties that include additional benefits. Demo and Islamic accounts are also available, and leverage can reach as high as 500:1.
Features

Why trade with IronFX.com? The firm lists these reasons:
Global Leader in online trading with more than 50 offices worldwide and 1,100 employees to support your needs;
The management team has a heritage of success and is directly associated with such industry leaders as ACM and FXPro;
The firm has voluntarily subjected itself to regulatory scrutiny and compliance from a host of countries in Europe and around the globe;
Client funds are held in segregated accounts with Tier 1 banks like UBS, Barclay’s and Bank of America;
Broad array of global liquidity banks ensure best pricing and instant execution of orders;
STP/ECN services ensure no slippage or re-quotes – scalping allowed;
Over 3000 instruments can be traded on a variety of MetaTrader platforms;
Research and analysis provided by leaders in the industry;
Five account classifications can be tailored for individual client requirements, and Islamic and Demo accounts are also supported;
Customer support in 46 languages 24X7;
In four short years, the firm has garnered 15 prestigious industry awards for excellence in such areas as customer service and order execution to best FX newcomer and fastest growing FX broker.

Spreads and Leverage

STP/ECN services ensure the tightest spreads in the industry, along with no slippage or re-quotes. Scalping strategies are allowed within this trading framework, and leverage up to 500:1 is also available.

Platform

The various platform offerings of MetaTrader form the backbone of the operating protocols for IronFX. Each platform can be modified, depending on your desire for fixed or variable spreads, or whether you wish to be mobile and deal only with web-based trading sessions. The latest in SSL technology is used to encrypt all trading sessions for security purposes, thereby safeguarding your personal identity information from hacking of any kind.

 Deposits and Withdrawals

There are no limitations on how money must be deposited with IronFX. Major credit and debit cards, bank wire transfers, Skrill, Neteller, Webmoney, and a host of local alternative payment methods are supported. Withdrawal requests are handled quickly, as long as the necessary documentation, determined by international law for all global brokers, is on file.

Beginner's and Customer Support

The depth and quality of customer assistance is unmatched in the industry. IronFX was the first firm to offer over 20 languages of support. They now tout 46. Individual client representatives will be assigned for more premium accounts, but the service even at the micro level is superb. Access is 24X7 via live-chat, email, fax or direct phone line. Client deposits are always segregated from operating capital in Tier 1 banks like UBS, Barclays, and Bank of America. Daily commentary from experts in the industry complements a broad array of training and support materials.

Conclusion

In four short years, IronFX has become a global leader in online trading. It has chosen to excel in many categories and has been recognized for its efforts by receiving more than its share of industry awards (fifteen at this writing). The firm operates out of Cyprus, but does have a representative office in London and a host of offices in other countries. The firm has also gone out of its way to invite various regulatory bodies to opine on its compliance activities. The London Stock Exchange has actually cited the company as one of the “front runners for best practices in today’s competitive brokerage business.” As the accolades continue to pile up, it is difficult to see how other brokers can keep up with the pace of IronFX. Client funds are very safe in Tier 1 banks; liquidity is excellent; customer service is of the charts; and, reliability and integrity are already accepted hallmarks of this management team. Trading with IronFX is, in every sense of the phrase, a “no brainer”.

Thursday, May 21, 2015

Alvexo Review

History and Background

After the financial crisis in Cyprus in 2013, many forex brokers departed the scene, especially after the Cyprus Securities & Exchange Commission (CySEC) adopted several new compliance regulations that strengthened the existing regulatory environment on this tiny island. Alvexo.com, however, is an exception. This forex broker and investment company welcomed the improved regulatory regime, sought and received licensing in 2014, and opened its doors for business in January of 2015. They are new, but experienced in the industry, and they claim that you can “trade anytime and anywhere using the latest software innovations.” The firm is operated by VPR Safe Financial Group Limited, a limited liability company, recognized as a Cyprus Investment Firm. Alvexo is headquartered in Limassol, Cyprus.



Alvexo offers a broad array of trading instruments, ranging from currency pairs to CFDs for commodities, stocks, and indices. New regulatory rules require that client deposits be segregated from operating capital in fiduciary accounts, that order executions follow stated guidelines, and that all trading session and personal data be encrypted using the latest in 256-bit SSL encryption technology. The management team elected to use the popular Metatrader4 downloadable platform, but you may also choose from their web-based trading system or go with a mobile application. There are no restrictions on trading strategies, as you might find at most other brokers, since the MT4 protocols enable trading robots, auto-trading EAs, and scalping. Another plus is that free trading signals are updated twice daily. Social trading is available on their web-trader format.

There are four account classifications at Alvexo, each with escalating benefits and features that appeal to all trading skill levels. Islamic accounts and free demo trading accounts are also available. Spreads are priced by account type and can be as low as 0.1 pip with the ECN account option. Leverage for currency pairs can be as high as 400:1, while CFDs can get up to 50:1 for some asset choices. Alvexo excels in the area of support materials provided by its Trading Academy, with an abundance of training videos, trading tools, and daily market commentary prepared by in-house economists and seasoned brokers. Alvexo is a full-service broker that is committed, as per their mission statement, “to empower and educate our clients, and to offer them the best possible investment terms and environment for generating the best returns on their investment.”
Features

Why trade with Alvexo.com? The firm lists these reasons:
Founded and headquartered in Limassol, Cyprus;
Licensed and regulated by the Cyprus Securities & Exchange Commission (CySEC);
Asset choices span a broad selection of currency pairs, together with CFDs for stocks, commodities, and indices;
Four account classifications with benefits that vary by type: Classic ($500 to $2,499); Gold (Most popular - $2,500 to $4,999); ECN ($5,000 to $9,999 and Bitcoins made be traded with this account); Prime ($10,000 and up);
Unique “Account Generator” provides advice on which account selection is best for your style of trading;
Islamic and free Demo trading accounts also offered;
Clients from the U.S., Yemen, N. Korea and Iran are not accepted at this time;
Three trading platform options: Metatrader4 (Download), Web-Trader (No Download required), and mobile apps for tablets and smartphones;
Trading Academy includes extensive support for all levels of traders, from basic training videos to discussions on advanced trading strategies;
Trading tools include free market signals, technical analysis, market news, and timely commentaries;
Social trading features can be accessed via the Web-trader platform;
Deposits can be made in USD or EUR, and no withdrawal fees are charged;
Customer service reps can be accessed via mail, email, live chat, or by direct phone using one of a dozen internationally supported lines.

Spreads and Leverage

Spreads are competitive and vary by general account classification. With the ECN option, spreads can get down to 0.1 pip in some cases. Leverage can be 400:1 for currency pairs and 50:1 for selected CFD asset choices.

Platform

Alvexo offer three access options. All are cutting edge, intuitive, and easy to use. You may download the popular Metatrader4 trading platform. If you prefer an online real-time version, then you may trade with the firm’s web-based format. For those on-the-go traders that want to trade anywhere at anytime, the firm also provides a mobile version of its trading platform, as well. The ECN Straight-Through Processing account option can also provide fixed spread pricing and immediate order execution, if your trading strategies require that level of service. Automated EAs and social trading are also supported, and all data are encrypted for security purposes.

Deposits and Withdrawals

Major credit and debit cards or bank wire transfers can be used for deposit purposes, or you can avail yourself of several alternative payment systems if they are available in your geographic jurisdiction.  Minimum deposit required is $500, which can be made in either USD or EUR. There are no fees charged for either a deposit or a withdrawal, but banking intermediaries may deduct a charge for their services independent of Alvexo. For prompt withdrawal request approval and processing, please ensure that all internationally mandated identity information has been provided and is on file.

Beginner's and Customer Support

Customer service representatives are eager to help you “24X7”. They also can provide one-on-one support in several languages. They may be accessed via live chat, direct mail or email, or by international toll-free phone lines. Training and support materials are excellent, and every skill level of trader will find a subset of materials directed to his specific needs. These support materials include tutorials, webinars, market news and commentary, free signals, market analysis, and advanced trading strategies.

Conclusion

New forex brokers tend to stumble a bit at the outset, but Alvexo, guided by a broad base of experienced professionals, appears to have hit the ground running with a finely tuned machine. Their features and product offerings match up with the latest innovations in the industry with competitive pricing and a host of support tools that can be customized to suit your individual tastes. Trust and transparency are also ensured since they operate within the greatly improved CySEC regulatory environment, where compliance and oversight have been enhanced. The management team’s commitment says it all: “Swift, Secure, Smart – Trade with the assurance of a regulated broker committed to your financial success.”

Wednesday, May 20, 2015

HY Markets Review



Background

While many firms do their best to impress you with their claims and purported benefits, there are a select few that already have the goods in house and have no need to go to great lengths to impress anyone. HYMarkets.com is one of the very few that has every attribute a trader could want in spades and then some. The firm is a member of the Henyep Group, a globally diversified conglomerate with over 30 years of operational experience in financial services, property, education, and charitable activities. The firm is headquartered in London, but is also authorized and registered in London, United Arab Emirates, and Hong Kong.

HY Markets is uniquely positioned in three continents with a corporate footprint in over 20 countries. Regulatory compliance is multifaceted, as well, under the auspices of the FCA in the UK, the SFC in Hong Kong, the DFSA in Dubai, and by way of the MiFID for the European Union. Client funds are always protected by regional compensation plans, segregated trustee accounts in top-tier banks, and by external auditor compliance. Safety and security are never an issue with HY Markets. Unfortunately, U.S. clients are not accepted at this time.

As a large global player with 30 years of operational experience under its belt, HY Markets can access the best pricing for its diverse list of investment instruments. From forex to stocks, metals, commodities and indices, a trader would be hard pressed to find a better partner in any region of the globe. Innovation and customer service are also major hallmarks of this firm, and it has been a leader in building online access to all international capital markets. Metatrader4 forms the basis of access, but it is also augmented with special features that only a firm like HY Markets can provide. If you want professional quality, integrity, and excellence, HY Markets has it all.

Features of HY Markets

Why trade with HYMarkets.com? The firm lists these reasons:
Trade with a leader with over 30 years of operational excellence and experience;
Headquartered in London’s financial center and in full compliance with the FCA and other major global regulatory bodies;
Full transparency in all matters with an emphasis on client deposit protection from local compensation schemes, external audits, and the segregation of deposits in Tier One banks away from the firm’s operational capital;
Broad global presence in all markets, including arrangements with major liquidity providers that provide spreads below 1.8 pips (lower for NDD);
Trade a full array of asset choices in currency pairs, stocks, indices, and commodities, all from one integrated account with access to all capital markets through their global network;
Account opening process is easy with four distinct account types to suit the needs of any individual, along with a free demo account and varying benefits according amount of activity:
Mini – Starts at $50 and up, plus 1.8 pip spreads and 300:1 leverage;
Standard -- Starts at $750, plus additional privileges;
Premium – Starts at $2,500, plus additional privileges;
HY Pro Trader – Designed for the institutional trader – Starts at $10,000 – STP ECN with no dealer desk, spreads at 0.5 pips and leverage reduced to 100:1;
Experienced support staff and help desk in local languages, 24X5, with a focus on excellence that only 30 years of service can provide;
Free trading education and one-to-one support;
Personal VIP services for experienced traders;
Significant investment in training and support materials, plus continuous commentary and market information, SMS alerts, timely market information briefs, advanced charting systems, and technical analysis tools;
No slippage is guaranteed, as are stop loss orders, even when volatile market conditions might prevent that guarantee with other brokers;
Trading platforms are designed around the highly popular Metatrader4 series, augmented with additional features to provide access from anywhere at anytime, as long as you can access the Internet.

Spreads and Leverage

For Mini, Standard, and Premium accounts, spreads are offered at 1.8 pips. For institutional traders or those choosing to go STP ECN with no dealing desk, spreads can be as low as 0.5 pips. Standard leverage is set at 300:1, but institutional traders may be limited to 100:1 leverage. In some cases the firm will extend leverage as high as 400:1, but caution is advised since leverage can increase losses, as well as enhance gains.

Platform

The management at HY Markets has chosen to align with Metatrader4 for its basic and web-based trading platforms. HY Markets has also developed many innovative trading tools or widgets that can be accessed directly on the various trading platforms. These tools allow clients to better understand products, analyze trends, simulate the market, and more. HY Webtrader supports the iPhone, iPad and Android devices. The latest in encryption technology ensures that every session is private from a security purview.

Deposits and Withdrawals

As you might expect of a firm of longstanding, HY Markets offers a multitude of ways to deposit and withdraw funds. These methods include all major and many minor Credit/Debit cards, PayPal, Moneybookers, WebMoney, Bank Wire Transfer, and a host of other local payment alternatives. All funds are protected through segregation and by using industry best practices that are continually audited. Withdrawals are processed promptly, especially when legally required documentation is in place. In fact, this firm receives much praise on the Internet for how rapidly and easy it is to withdraw funds, always a good sign.

Beginners' and Customer Support

HY Markets has focused on delivering high quality customer service, from one-on-one direct support to whatever you might want in the area of training, education or strategy development. Support comes for 24 hours on any trading day throughout the world via live chat, direct phone line, fax, or email in several languages, including Russian, Chinese, Arabic, Hindi, and Urdu. Support materials are in abundance, as well, to suit all levels of client expertise from beginner to veteran.

Conclusion

HY Markets has established global reputation for excellence and professionalism that is hard to come by in today’s marketplace. If you are looking for the best and prefer the comfort of knowing that your broker is heavy on compliance, especially when it comes to protecting customer deposits, then HY Markets cannot be beat. As their website notes, “With over 30 years of operational history and under the leadership of a visionary management team, Henyep has become synonymous with professional and quality services. The Group is dedicated to delivering best-of-breed services to its clients and the community alike.” Going with a leader like HY Markets definitely has its benefits.

ForexTime Review

Background

New brokers frequently appear on the scene, but occasionally, the new entrant is a brainchild of a highly successful entrepreneur that is expanding into a new sector of the market with a proven formula for success. Such is the case with ForexTime.com (FXTM), the latest hit from Andrey Dashin, the creator of the well-received Alpari line of forex brokerage companies. In 1998 and in subsequent years, Dashin focused on developing both the European and U.S. retail forex trading markets, but his latest venture is designed to capture nearly everything else. Apparently, his formula is working again, since, in two short years, FXTM has received numerous awards for its efforts. The firm is headquartered in Cyprus and was founded in 2012.

The company is one of the fastest growing brokers in the industry, and, in order to support this rapid rise in global clients, ForexTime recently announced that they had moved into new quarters, a five-story FXTM Tower in Limassol. A cursory review of corporate press releases reveals a story of continuing achievements, based on integrity and transparency. Independent reviewers on the web also give high marks, so the management team must be doing a lot of things correctly. From a regulatory perspective, FXTM has covered a number of bases. FT Global Ltd recently obtained a regulatory license from the International Financial Services Commission (IFSC) of Belize, a non-EU regulatory body. CySEC, MiFID, and the FCA of the UK have already given their blessings, as well. Safety and security are key priorities with FXTM.

FXTM’s product and service offering is all encompassing. You will find everything that you are searching for and more. Traditional back-office dealing desk modules are present, but if you desire the more professionally oriented ECN/STP set up, then they have that covered, too. Formats are supported by the MT4 and MT5 platform protocols, and mobile trading is no problem. You can trade from 65 currency pairs, but there are also CFDs, Futures, Spot Metals, ETFs, and more. Customer support is top of the line, and information feeds, educational materials, charting tools, and free flowing commentary make your trading experience ideal. If you like contests and promotions or social trading, then you will not be disappointed. It is difficult to find any area within FXTM lacking. If you reside in one of their covered markets, then they are worth a good look and your patronage.
Unique Features of Trading with ForexTime

Why trade with ForexTime.com? The firm lists these reasons:
Founded in Cyprus in 2012 by Andrey Dashin, the man behind the highly successful Alpari group of forex brokers;
Very experienced management team committed to quality service;
Regulated by CYSEC under license number 185/12 and registered with the UK FCA under reference number 600475;  
Traders may choose from three dealing-desk and four ECN platforms (one is Islamic), each driven by MT4 and MT5 technology;
Mobile trading applications are supported;
Free Demo system with all accounts;
65 forex currency pairs and additional opportunities in CFDs, Futures, ETFs, Precious Metals and Commodities;
Minimum deposit as low as $1;
Deep bank liquidity ensures tight trading spreads and fast execution;
Hedging, EAs, and scalping strategies permitted;
Dealing desk with three standard account classifications, and full ECN/STP trading model for professional accounts – fixed and variable pricing options relate to account choice;
Leverage up to 1,000:1;
Customer service representatives are bilingual and may be accessed “24X7” by email, live chat, Skype, or direct telephone line to one of several satellite offices;
Promotions and contests on an ongoing basis;
Learning center support includes streaming news feeds, commentary, webinars, and free training courses;
Social trading features, charting tools, email and mobile alerts, and streaming news feeds are included in the basis package;
Client funds segregated in Tier-One banks at all times for protection, in strict compliance with regulatory standards.

Spreads and Leverage

Tight spreads are the norm for both variable and fixed pricing formats, whether traditional or ECN/STP setups. Leverage can be as high as 1,000:1.



Platform

The software backbone for FXTM relies on the highly popular Metatrader series of trading platforms, both MT4 and MT5 varieties. Account classifications relate back to both varieties, with three categories for both traditional and ECN/STP services. An ECN Islamic account completes the offering, and all accounts come with a free demo account with no expiration period. Mobile applications are also supported for the on-the-go trader. The latest in SSL technology encrypts all sensitive data, keeping any hackers at bay.

Deposits and Withdrawals

ForexTime has also installed a broad series of options to make deposits and withdrawals an easy proposition. Credit and debit cards, along with bank wires, are the main vehicles, but the management team, due to the global nature of the firm, has implemented numerous other local payment methods known only in more underdeveloped markets. More payment methods are being added monthly, with eighteen at last count. Clients are cautioned to keep legally required ID data on file to ensure a rapid response on any withdrawal request.

Beginner Support

Beginners and veterans alike will appreciate the firm’s educational academy. Current webinars are being added weekly to supplement an abundance of learning materials already available on the site. Your ability to assess market conditions will be enhanced by daily commentary, streaming news, signals, and alerts, and dedicated account managers can provide additional insights when accessed via live chat, email, or direct phone line any time of day.

Conclusion

Few firms have entered the forex brokerage market with such a flourish, as has ForexTime. This management team understands what it takes to please a highly demanding global clientele. Prestigious awards and favorable testimonials are the icing on the cake. As their website states, “We've always placed great emphasis on honesty, integrity and transparency in everything we do. Whether it is in the trading terms, tools or products we offer, our main priority is to provide our clients with a secure environment to trade in.” With so many things going for it, ForexTime is very worthy of your attentive consideration.

Tuesday, May 19, 2015

Orbex Review


Background

It always makes sense to go with a broker that has received prestigious industry awards. Orbex.com started operations in 2011, but has it has already been recognized seven times for its service excellence and educational program. You may have known the firm before as AFB FX, but they have recently gone through a name change to Orbex to signify that they are a player on the global stage. The firm is located in Cyprus and is regulated and licensed by both local and other regulatory bodies across the European continent.

As per their website, Orbex offers “a diverse range of products including Foreign Exchange, Precious Metals, Future Contracts (OTC), Equity Indices (OTC), CFDs and Energy Contracts on the MetaTrader platform.” Either standard desktops or smartphones, tablets, and multi-screen applications can be your tools of trade. There are both standard spread (3) and ECN capability (2) accounts. The latter is a must-have if you are into scalping. Islamic and free Demo Accounts are also in the mix at Orbex.

Regulatory compliance is complete at Orbex, and the firm goes to great lengths to protect your funds by employing accepted segregation techniques with Tier-1 banks. For a further add-on, the company also partakes in the domestic Investor Compensation Fund. The management team and their Managing Director willingly profess that, “At Orbex, the client is at the heart of everything we do and everything we do is designed to guarantee your satisfaction.”
Visit Orbex now and start trading with a live account right away
Unique Features of Trading with Orbex

Why trade with Orbex.com? The firm lists these reasons:
Seven prestigious awards for its excellence in service and execution received in the past four years;
Regulatory compliance by the Cyprus Securities and Exchange Commission (CySec) and the European Union Markets in Financial Instruments Directive (MiFID);
Client deposits are in segregated accounts with Tier-1 banks;
The Cyprus Investor Compensation Fund provides a second layer of protection;
Major Tier-1 banks provide to deep liquidity and security;
Metatrader4 products and trading platforms;
Trading products include Foreign Exchange, Precious Metals, Future Contracts (OTC), Equity Indices (OTC), CFD’s and Energy Contracts;
Initial account deposit minimum = $500;
Leverage as high as 500:1;
Three standard account classifications: Universal Mini ($500 to $2,999), Universal Standard ($3,000 to $49,999), and Universal Advanced ($50,000) with spreads as low as 1.9 pips on major pairs;
ECN Standard ($500) and ECN Advanced ($25,000) accounts provide increased transparency and higher speed for lower transaction fees and spreads, some pairings as low as 0.6 pip;
Extensive partnering and affiliate relationships and benefits available;
Customer service representatives have been honored with many awards for their excellence and may be reached via email, telephone, live chat, or by requesting a call back;
The latest in 256-bit SSL technology encrypts all sensitive data and personal information.

Spreads and Leverage

Minimum deposit to open an account can be as low as $500, and leverage can be as high as 500:1. Spreads vary by account type: as low as 0.9 pips on Standard accounts and 0.6 pips for ECN accounts.

Platform

The Orbex team utilizes the popular Metatrader4 product line, which includes MetaTrader 4, MT4 multi-terminal, Android Trader, MT4 iphone & iPad trader and MT4 Mac OS Trader. If you can get on the Internet, then you can trade with Orbex, any time or anywhere. ECN accounts are designed for professional and institutional traders that desire high volume through put for lower fees and tighter spreads.

Deposits and Withdrawals

Orbex supports the standard deposit methods, i.e., bank wire transfers, credit cards, and local payment providers, to make your process of moving money easy and reliable. All withdrawal requests are processed quickly, but all clients are advised to have all internationally mandated identity information on file before a request is submitted. These rules apply to all forex brokers across the globe.

Beginner Support

The Customer Service Department at Orbex is top of the line, having received many prestigious awards for its excellence. The Orbex team of customer service reps can speak to you in ten languages including English, Arabic, Bengali, Spanish, German, Russian, Chinese, Bulgarian, Urdu and Greek. It can be accessed via live chat, phone, or email “24X7”. Online educational and training materials abound, along with ample market research to enhance your trading experience.

Conclusion

Orbex has it all, from an intuitive website with easy access to professional support, and from excellent pricing and execution, to a variety of accounts designed for both retail and institutional traders. The Managing Director of Orbex, Mr. Abdullah Abbas is intently client focused, as per his published remarks: “Service to our clients is the foundation of Orbex, and we are thrilled to offer a variety of resources to make trading easier for our clients. We value every trader and company we work with.” If he is willing to put his personal name on the line, perhaps, you should try him out.

Visit Orbex now and start trading with a live account right away

Monday, May 18, 2015

FXPro Review

In many industries, size, experience, and expertise matters, and FXPro.com has it all in spades. It has always been a leader in the forex industry since 2006, and, as such, it has distanced itself from the pack in every way possible. The firm’s greeting page speaks to class and breadth of service by first requesting the visitor to choose from nineteen languages before accessing the their many service offerings. FxPro is definitely in the top tier of global forex brokers, with a large global footprint, broad client base, and high volume turnover. FxPro UK Limited is authorized and regulated by the Financial Conduct Authority (registration no. 509956). FxPro Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (license no. 078/07).



Everything about the company is a testament to its current leadership position in the industry. Awards from prestigious organizations number 20+ and span the previous decade for such things as Best FX Broker, Best FX Service Provider, Best Trading Platform, Best FX Tools, Best FX Service, and more. The firm serves clients in over 150 countries worldwide, and regulatory bodies in both the UK and Cyprus provide oversight, while compliance with MiFiD is also in place for all of the Eurozone. Trust is not an issue with this firm. Full transparency and best business practices are standard. The firm provides a plethora of trading options and is always searching for new, innovative ways to use the latest technology to enhance your overall trading experience.

FxPro is also staffed with over 150 employees to serve your interests. Favorable testimonials abound, and the firm is very active in local communities, sponsoring many high level teams, like Fulham FC in the English Premier League, to a variety of other sporting ventures across the globe. According to John Hughman, Editor at Investors Chronicle, “FxPro has out shone the competition in 2014 with its breadth of trading tools and platforms purposely designed to help retail and institutional investors trade the FX markets more successfully. The feedback from readers showed that investors are true believers that the firm goes that extra mile to protect its clients and provide them products and services aimed at making them profitable.” Unfortunately, U.S. clients are not accepted at this time.
Safety

All client funds are segregated fro operating capital in Tier-1 accounts with major global banks. The latest in 128-bit SSL technology encrypts all personal data, as well as all trading activity sessions.

Account Types and Deposits
A free Demo and trading account is standard, but special VIP accounts are also accommodated for the professional trader or fund manager;
No U.S. clients accepted;

Beginner Support

FxPro is committed to quality and providing the highest standard for customer support. Due to their longevity in the business and global presence, the firm has a host of offices spread out across the globe to support your needs in different time zones and a multitude of languages. Each rep has been expertly trained to handle a wide assortment of issues and to get you going quickly on to your path for success, 24 hours a day, 5 days a week.

Advantages of Trading with FX Pro
Spot Forex is the primary product, but CFDs are also offered for spot gold, spot silver, and for futures for other commodities and popular stock indices;
STP/ECN agency model with no dealer intervention;
Tight spreads, high liquidity, no slippage, and no re-quotes;
Metatrader4 platforms offered, along with other proprietary versions;
Usage of automated Expert Advisors and scalping strategies permitted;
Trading platforms can accommodate a host of environments, and each provides mobile trading apps;
Accounts may be held in USD, GBP, CHF, EUR, PLN, AUD and JPY;
All customer deposits are segregated in Tier-1 accounts with major banks, and further covered by the local Investor Compensation Scheme up to a total of 20,000 Euros;
Negative Balance Protection prevents margin calls and higher losses than expected;
Fast and convenient Deposit/Withdrawal options exist using payment cards, wire transfer, or other local payment methods;
Daily market commentary, network sharing, and technical analysis support ensure that decisions are based on timely information;
Customer Service representatives are on duty “24X5” and cover 17+ languages at present;
The FxPro Academy includes materials ranging from trader-designed webinars, tutorials and videos to market commentary and strategy tips for all levels of trader;

Trading Platform

FxPro allows you to choose your preferred operating environment. In addition to the highly popular Metatrader4 set-ups, the firm also supports several proprietary platforms that offer more flexibility than even MT4 can provide. Additional support is also provided for the trader on the go by means of mobile applications for the iPhone, iPad and the Android devices.

Conclusion

A veteran management team of financial experts created FxPro in 2006, and they have never looked back. Their platforms now process over 5,000 trades per second, and 99.9% of all orders are executed within 50 milliseconds. The firm has won multiple awards for its expertise and leadership in the foreign exchange industry since it entered the fray, and regulatory compliance and best practices are always the rule. As their mission states, “FxPro’s mission is to provide superior trading services for all clients, irrespective of the size of their account balances; to educate people about the markets, empowering them to take control of their finances by making forex accessible to all; and to promote transparency and fair trading practices by leading the way and campaigning for their adoption across the entire industry.” FxPro has definitely achieved elite status, such that, if you strive to be with the best, then FxPro may be the broker for you.

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