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Foreign exchange market

FOREX MMCIS Group: Season Of Surprises


Today we continue telling our readers about FOREX MMCIS group. We remind you that not so long ago (on March 15th) the broker started the “Live Money” promo: any new client gets $20 instantly after making the first deposit. It should be noted that clients are free to use this bonus as they wish: they can withdraw it or to trade Forex.

 
Initially, FOREX MMCIS group planned to end the promo on April 15th. However, it turned out to be so popular that FOREX MMCIS group’s Board of Directors decided to extend the promo till May 15th. During the first month of the promo, over 10.000 people participated in it. Of course, you may say that all of them just wanted to receive $20 for free. However, the real reason for the success of this promo is in the following:
 
After the 2008 crisis, most traders got disappointed with financial markets and the very process of investing. Many of them suffered major losses. A year ago, the situation started improving, thus reviving the interest in financial markets. According to Elena Barsukova, Chief of the Moscow office of FOREX MMCIS group, this is the real reason why the “Live Money” promo is so popular.
 
So we decided to ask her a couple of question in order to clarify the situation:
 
Market Leader: Elena, Have you reached the initial goals?
 
Elena Barsukova: Yes, we have. First of all, we strived to show people that it is possible to trade Forex successfully. Thousands of people have already decided to become traders, which is the right decision. In our turn, we (I mean FOREX MMCIS group) help each of them to become achieve outstanding results.
 
Market Leader: Obviously, your company had to spend a lot of money on this promo. Are such promos beneficial for brokers?
 
Elena Barsukova: Firstly, I’m glad that our company keeps flourishing and therefore can afford such generous gifts. Secondly, we are interested in our clients’ success. The more bonuses and the better trading conditions we offer, the more people get interested in Forex trading, which means they can get richer and make us richer as well.
Market Leader: Elena, thanks to the “Live Money” promo, the amount of your permanent clients will probably grow dramatically. What is your forecast?
 
Elena Barsukova: I’m sure that this will be the case because despite the 20% bonus, FOREX MMCIS group has a lot to offer, including low spreads, flexible leverage, numerous trading contests and tournaments, free training courses etc. In short, with FOREX MMCIS group, beginners have all chances to become successful Forex traders, who make stable profits.
Market Leader: Why, do you think, the promo became so popular? Is it about the cash bonus or did traders bet on the long-term cooperation with FOREX MMCIS group?
 
Elena Barsukova: Bonuses are not just gifts, they are some kind of a stimulus for successful trading. We think that the more bonuses out traders get the wider the range of their possibilities will be. Each first-time depositor gets a 50% bonus. If a trader trades with another broker but decides to change it for FOREX MMCIS group, it gets 20% more. Besides, we accrue 12% of annual interest on free deposit in order to secure traders’ capital against inflation. Each month we create a leader board based on the number of open lots and the most active traders get extra rewards.
 
Market Leader: if your clients participate in the “Live Money” promo, are they eligible for other bonuses?
 
Elena Barsukova: Yes, they are!
 
Market Leader: Will the promo be extended after May 15th?
 
Elena Barsukova: We always strive to improve and impress our clients… So, it is very likely.
 
Market Leader: Thank you very much for the interview. We Hope that FOREX MMCIS group will keep impressing its clients with high-quality services, pleasant gifts and bonuses…
 
 
 
 
 
 

 

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МТ 4 Starter - Forex Evolution

 

These days, traders are offered a sea of moneymaking opportunities when it comes to trading Forex and other financial markets. Broking companies keep evolving along with the markets, thereby offering more and more competitive trading conditions along with innovative products and services to let their clients improve the quality of their trading.
 
At the same time, more broking companies become oriented towards beginners. They understand that it is beginning traders who will make the future of Forex and other financial markets.  They are willing to help them to grow into winning professionals since they hope for long-term cooperation with them.
 
That is why brokers open cent accounts and introduce various bonuses and promotions to help beginners make their first steps in a rough trading environment.
 
FIBO Group is one of such client-oriented broking companies.
 
Publication date: 25 May 07:48 AM

ActivTrades: Pivot Points Indicator

 

What a makes a winning trader? The ability to understand the market the way it is and to exploit this understanding in order to get a competitive edge over other market participants.
 
Today’s financial markets are getting more and more competitive while traders become more sophisticated and cunning. Therefore, those traders who want to get a decent competitive edge over other market participants just cannot do without innovative solutions and technologies.
 
Publication date: 24 May 04:38 PM

HY Markets: $100 For Opening a Trading Account

 

The world of Forex is getting more competitive and sophisticated. Broking companies have to offer their clients beneficial trading conditions to stay competitive. Big-scale old broking companies seem to have a slight competitive edge over young ones since they have decent experience and know how to arrange mutually beneficial cooperation.
 
HY Markets is one of such companies. It has been in the industry for over 3 decades! Even though this is an institutional broker, not so long ago it introduced beneficial conditions for beginning traders in order to get them up and running.
Publication date: 24 May 08:06 AM

GBPUSD Outlook

 

 

The official UK inflation report showed an inflation decline in April. The major reason is lower energy prices.
 
Publication date: 24 May 07:21 AM

Westpack Data Affect Aussie

 

 

The new budget seems to have caused a major decline in the Australian consumer sentiment despite the RBA’s decision to cut the interest rate down to the record low level. The corresponding index calculated by Westpack confirms that.
 
Publication date: 23 May 05:56 PM

Bernanke Says It’s Premature To Curtail QE

 

 

Yesterday, on May 22nd, Ben Bernanke held a speech in the US Congress. This time, the Congress considered the possibility of curtailing the existing QE program prematurely because the programs seemed to have given positive results.
 
Publication date: 23 May 07:47 AM

EURUSD: Rapid Decline and Consequences

 

 

Yesterday, on March 22nd, the common European currency made a strong and sharp decline versus the US Dollar. Therefore, the previous recovery that last for nearly 3 days was almost entirely leveled.
Publication date: 23 May 06:27 AM

FBS: Beneficial Affiliate Program

 

These days, anyone can make money trading Forex and other financial markets. The opportunities are almost endless. Still most traders still lose in the long run. While some lack experience and skills, others fall prey to emotions or fail to stick to sound money management. There are many reasons for losses. Few people actually make money in the long run because they treat trading seriously like a full-time job and work hard to achieve their goals. They use technical and fundamental analyses and strictly observe money management rules. They use various tricks and techniques to put the odds in their favor.
 
Apparently, beginners have difficulty trading financial markets without knowledge, skills and experience. Becoming a professional trader requires diligence, patience and time.
 
However, today’s Forex industry offers riskless moneymaking opportunities, which require no trading skills. You can make money without trading Forex. One of such opportunities is offered by FBS, a major Forex broker. The broker claims to offer “The most profitable and efficient IB Program on Forex”…
 
Let’s have a closer look at it:
Publication date: 22 May 09:20 AM

Jeroen Dijsselbloem’s Prophesy Starts Coming True

 

 

Yesterday, on May 21st, was a notable day for the eurozone. The Euro Parliament approved the Euro Group’s idea to use major deposits over 100 000 in emergency situations to save a risky bank. Deposits under 100 000 are ensured by the compensation scheme.
 
Publication date: 22 May 07:08 AM

NZDUSD: NZ Dollar Weakens For 4 Weeks

 

 

The latest strengthening of the New Zealand Dollar after a major decline is seen as a correction.
Publication date: 22 May 06:22 AM