«Market Leader» - news and previews making you rich.

Friday, 28 August 01:04 (GMT -05:00)



Foreign exchange market

New Account Types at NordFX


Despite its young age (2008 – year of establishment), NordFX, a division of Nord Group Investments Inc., an investment financial company, is well known globally, including in the post-soviet space. During this short period of time NordFX managed to be nominated the Best Foreign Currency Broker, the Best Platform for Retail Trading in Foreign Currencies, the Best Foreign Currency Trading Expert etc. This is the broker that real pros of the forex market trading and absolute newcomers who are only starting to master the ins and outs of trading in the international forex market cooperate with.
 
NordFX has many features appealing for the trader, including an abundance of accounts the broker offers to its partners. Choosing the account is entirely up to the trader who should take into consideration his or her experience, available capital and the trading platform they use.
 
Micro
It best suited for beginner traders who are still preparing for real money: the minimum deposit – $5, the minimum lot – 0.01, leverage – 1:500, 21 currency pairs.
 
Welcome!
Intended for people who want to find out how the broker works. Similar to the Micro account. However, $8 is credited to the trader's account straight away. Margin Call/Stop Out – 40%/20%.
 
Standard
The name speaks for itself. The minimum deposit – $50, the minimum lot – 0.1, leverage – 1:200, 44 currency pairs plus gold and silver, Margin Call/Stop Out – 40%/20%.
 
Standard-MT5
Intended for trading through MetaTrader 5 (NordFX offers its traders as many as four different platforms). Terms and conditions are mainly similar to those in the Standard account.
 
Premium
For VIP partners. The minimum deposit – $50,000 plus custom services and lower spreads for currency pairs.
 
MT-ECN
Suitable for experienced traders and helps to minimize costs. Operates in MetaTrader 4 with prices streamed directly from ECN Currenex, without any adjustments. The minimum deposit – $1,000, the dynamic spread – from 0 pips, the maximum lot – 20 (with an increment of 0.1).
 
Integral
For hugely experienced pros who can work through NFX Trades or by using the FIX protocol. The minimum deposit – $20,000, the dynamic spread – from 0 pips, the maximum lot – unlimited.
 
CQG
For those accustomed to trading through the globally acclaimed CQG Trader platform. The minimum deposit – $50,000.
 
Late last year NordFX offered its traders another account type:
ZuluTrade
NordFX was able to introduce this account through close cooperation with ZuluTrade, a major automated trading developer in the international forex market. By using the ZuluTrade account, the trader can trade both manually and automatically. This account is characterized by the following features:
• Minimum deposit — $50 (or €50).
• Leverage – 1:200;
• 44 currency pairs, gold and silver.
• Minimum lot – 0.01.
• Maximum lot – 50, increment – 0.01.
• Spreads – from 1 pip;
• Maximum volume of open trades — unlimited.
• Number of open trades and pending orders – unlimited.
• Margin Call / Stop Out – 40% / 20%.
• No Trailing Stop support.
• Automated trading based on laws of logic and rules out emotion.
• A wide selection of signal providers.
• Exclusive signal provider rating system.
• Trading any time of day and night (even if the PC is off).
• Full control of the account.
 
A fee is charged from this account for using the ZuluTrade system (further details of amounts are available at the broker's official web site, www.nordfx.com).
 
Regardless of the account type that the trader chooses at NordFX, it is easy and fast to open as you don't have to prepare a pile of papers and send them by mail. Just fill out a short form on the broker's web site. Accounts can be funded online through such electronic payment systems as Webmoney, Liberty Reserve, Moneybookers etc. When transferred, funds become immediately available in the trader's trading account.
 
NordFX holds a very high second place of the Supreme League in the Forex Brokers' Rating of the Masterforex-V Academy. Almost a third of the points NordFX won in the Forex Brokers' Rating comes from traders as a result of their positive feedback on this broker's service.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Masterforex-V Expo Reveals Best FX PAMM Services in August 2015

 

If you want to get from rags to riches these days, working for someone else is not enough. Apparently, investing is an excellent opportunity to generate extra passive income. However, a lot of people don’t actually know how to invest so that this activity could generate stable income. Luckily, today’s Forex industry offers you a great opportunity to make money even if you know little or completely nothing about investing or trading….
 
Publication date: 21 August 06:28 AM

China’s Central Bank Will Have to Spend $40 Billion a Month to Support the Renminbi

The stability of the currently weakening Chinese Yuan seems to depend on the frequency and intensity of all those currency interventions made by the People’s Bank of China. Masterforex-V Academy experts say that this is going to shrink China’s currency reserves by as much as 40 billion dollars a month. This is the results of the survey conducted by Bloomberg. With that said, the Chinese authorities are expected to take urgent and tough steps to curb the devaluation of the national currency and stabilize the financial situation in the country.

 
Publication date: 21 August 06:21 AM

Chinese Stock Market Goes Down Again, This Time By 6,1%

 

Asian stock indexes saw another plunge on Tuesday following an overall Chinese market crash, Market Leader reports. For instance, MSCI Asia Pacific dropped by 0,6% down to 137,07 points over the reporting period. At the same time, Shanghai Composite and Hang Seng (Hong Kong ) lost 6,15% and 1,4% respectively. Nikkei 225 (Japan) was down by 0,3%.
 
According to Masterforex-V Academy, the Chinese stock market plunged amid investors’ concerns that the Chinese authorities are going to cut down on backing the market. It should be noted that last week the local Chinese regulator announced that CSF (China Securities Finance Corp.) had got funds from the People’s Bank of China and was backing the liquidity in the local stock market but it was going to cut down on investments due to lower volatility.
Publication date: 20 August 09:09 AM

HiWayFX Tells What Speed of Execution is Needed for Successful Trade at Forex

 

When choosing a Forex broker, one of most significant parameters is the speed of order execution. The quicker the company processes clients’ orders, the higher the chances are that the trader will enter the market with the posted price. And some hedge funds have staff members that specialize on execution of orders, i. e., bring them to the market at the price, claimed by the client.
 
Publication date: 19 August 09:38 AM

Forex. GBPUSD Outlook. August 19th, 2015

 

The UK construction sector saw positive changes in June, the official report confirms. Analysts assume that the revised UK GDP figures for Q2 2015 are not going to change the preliminary ones.
Publication date: 19 August 05:46 AM

Fort Financial Services on Benefits of Trading Binary Options

 

These days, binary options are some of the world’s most popular financial instruments designed to make money in financial markets. Most experts share the same opinion that binary options are so popular thanks to relative simplicity along with increase profitability coupled with fixed risk. In other words, you can generate up to 80% of the invested sum and even more if your prediction happens to be correct and the purchased binary option expires in the money.
 
Publication date: 18 August 10:43 AM

Chinese Yuan Devaluation: Cui Prodest?

Last Tuesday, the People’s Bank of China made an unprecedented step by devaluing the Chinese Yuan by as much as 1,86%. The Chinese authorities assured everyone that this is a one-time step. However, over the next 2 days, the Renminbi lost 1,62% and 1,12% against the U.S. Dollar respectively. As the result, the Chinese currency was devalued down to 6,4 CNY per 1 USD. This is the lowest CNY rate since 2011, Market Leader reports.

Publication date: 17 August 08:31 AM

Masterforex-V EXPO Reveals Best FX Brokers for MetaTrader 4 in August 2015

 

MetaTrader 4 is the most popular trading software in the FX trading industry. It has been the industry’s standard for many years. Charting, technical analysis, news and so much more… This is a truly powerful software. Almost very single broker out there uses MT4 to let traders access Forex.
 

 

However, the thing is that not all of those brokers are worth trusting. Truly reputable and decent FX brokers are actually scanty and outnumbered by mediocre and fake brokers. This is why it is crucial to know what companies to choose from. This holds especially fro everyone - from rookies who are just making their feed wet in FX trading to really pros with many years of expertise.
Publication date: 14 August 10:31 AM

People’s Bank of China Let Renminbi Strengthen A Bit After Devaluation

 

After the panic that took over financial markets following the devaluation of the Chinese Yuan, the People’s Bank of China decided to let its national currency recover a bit of the lost ground. In particular, after the 1,9% devaluation, the USDCNY exchange rate managed to win back 0,05%, Masterforex-V Academy reports.
 
Publication date: 14 August 07:56 AM

Oil Costing 50 Dollars Will Bury Russia – American Expert

 

Perspectives of Russian existense in conditions of cheap oil prices have been assessed by Nick Butler. He claims that during the latest 25 years Russia has been enjoy relative stability, but now the situation has changed. This has been studied by journalists of Internet edition for traders the “Market Leader”.
 
Publication date: 14 August 07:01 AM