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Monday, 20 October 13:52 (GMT -05:00)


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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.

 

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EURUSD Outlook

 

Friday’s American trading session turned out to be a losing one for the common European currency since the pair started going down at the end of the week. In particular, the currency pair decreased from 1.2837 down to 1.2742.  The US Dollar kept on strengthening even amid controversial US housing stats released on that day.

Publication date: 20 October 10:35 AM

Euro Starts Trading Week With Slight Weakness

 

Friday’s American trading session turned out to be a losing one for the common European currency since the pair started going down at the end of the week. In particular, the currency pair decreased from 1.2837 down to 1.2742.  The US Dollar kept on strengthening even amid controversial US housing stats released on that day.

Publication date: 20 October 08:02 AM

Fort Financial Services Resumes Five-Year Activity at Forex

 

Few Forex brokers can boast of wide popularity among traders and not smaller client base, which constantly increases. Fort Financial Services is one of such world-famous companies. According to its clients, the broker provides one of best technologies and products at the market, which provide stable, safe, and profitable trading.
 
Publication date: 19 October 05:51 PM

Fort Financial Services Called Best Forex Broker in August 2014

 

Statistically, only 10% of forex traders get stable get large profit, whereas the bulk of participants of international currency market make not as much and not as regularly, as they would like to. And there is the third category of traders – those, who rarely get income, which is hardly enough to cover the former losses.
 
Publication date: 18 October 01:44 AM

EURUSD Consolidates

 

Today, on October 17th, during the European trading session, the common currency managed to regain some of its value against the world’s most popular currency, which is the American Dollar.  Still, the recovery was rather weak.  EURUSD rallied from 1.2780 up to 1.2839, thereby making a narrow trading range between the levels. With that said, the currency pair has been trading within the range since the beginning of the American trading session.

Publication date: 17 October 11:39 AM

US Dollar May Stop Strengthening When Fed Finishes Tapering QE3

 

Yesterday, on October 16th, the President of the Federal Reserve Bank of Saint Louis told Bloomberg TV that the Fed should delay the total tapering of QE3 planned for this month. His concerns are caused by lower inflation expectations coming from investors coupled with much more volatile markets. US stock indices were busy retracing before the statement, thereby reducing to nothing almost the entire gains to all-time highs made this year. After the statement, the VIX went down from the extreme value of 31,06 down to 25,20 while the USA’s major stock indices closed the trading session with a rally.

Publication date: 17 October 06:20 AM

USD Loses 0,11% Amid Weak US Economic Data

 

Today, on October 16th, the US Dollar drooped 0,11% during the Asian trading session. This decline was followed by yesterday’s drop against other majors after the USA revealed poor economic figures during the American trading session.

Publication date: 16 October 06:53 AM

USDJPY: Dollar Gains 0,19% Against Yen After Stock Market Rally

 

Today, on October 15th, the US Dollar managed to gain 0,19% against the Japanese yen earlier on the trading day. This happened after Nikkei 225, Japan’s major stock index and one of the major Asian stock indices, gained 0,5% during the Asian trading session.

Publication date: 15 October 09:19 AM

Forex Traders Reveal Their True Earnings

 

There is no such thing as too much money. That is why the search of decent moneymaking opportunities has always been and will always be one of the key and most burning issues for an average human being. On top of that, this holds especially true when the global economy shows signs of weakness and is about to stagnate, thereby affecting the buying power of most people around the globe.

Publication date: 15 October 06:12 AM

Masterforex-V Expo Names Best Micro Brokers in October 2014

 

As you probably know, today’s Forex industry offers a huge variety of services. Even rookie traders with tiny trading capital now have a decent opportunity to trade Forex on the so-called micro / cent accounts (starting from $1). I bet some of you have some questions like:
 
What are micro / cent accounts? Why are they so popular among rookies worldwide? Why are beginning traders recommended to choose micro / cent accounts (usually $1 to $50) when deciding to switch to real-money trading? Which micro brokers are the most reputable, popular and reliable? Let’s find this out…

Publication date: 15 October 05:07 AM