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Monday, 21 August 11:48 (GMT -05:00)



Foreign exchange market

Online Forums for FX Traders – Recourses to Leverage Your Trading or Another Way to Trick You into Losing Money?


As you probably know, there is no such thing as a free lunch. Most of us like this saying. But how do we apply it in real life? A good example is when we are offered to participate in a promo and get a chance to benefit from it in a certain way. Frankly speaking, each and every FX broker out there offers a certain kind of bonuses or promos to retail clients. Most of the time, you are offered a welcome bonus, deposit bonus, or even no-deposit deposit bonus. Should all of that be treated seriously?

 

 

 

 
If you hesitate or don’t know the answer, you can ask professionals. An independent online forum for traders and investors is the right place if you want to get some feedback about the Forex companies you want to start trading with. Also, you can ask for help, learn tons of valuable things about trading and everything related to it. You can also learn valuable lessons from others’ experience and even avoid serious pitfalls in FX trading awaiting you round the corner.
 
Promos and bonuses by various FX brokers represent one of the most urgent topics discussed on various forums all around the web. Whether you love them or hate them, whether you believe that you can benefit from them or think they are traps for unsuspecting traders, you still have to take those bonuses and promos into account.
 
Any person doubting them has at least 2 key questions to ask:
1. Do brokers hire people to leave positive feedback about them as well as their products and services on the Internet?
2. Do those bonuses and promos really improve the trading conditions?
 
The answer to the first question is fairly simple. Indeed, you can get paid for leaving positive feedback about certain brokers. More often than not, you don’t have to do anything extraordinary to get paid. The payment terms are usually plain and simple. Let’s take InstaForex as an example. By going to the local online forum, you can find tons of feedback while the company’s website contains the bonus terms and conditions. There you can get a 30% bonus for the local club members as well as 100% as a special bonus. They even offer you a 100% no-deposit bonus.
 
Saying that trading without bonuses is better than using bonuses in your trading is like denying the obvious, especially when it comes to no-deposit bonuses. You don’t have anything to lose anyway. However, you get a chance to make some money to use it as your starting capital. This is when we remind ourselves that there is no such thing as a free lunch and start thinking about the benefits the company gains when offering those no-deposit bonuses. Most likely, this is not a charity company.
 
Apparently, the company gives away money hoping to make even more money further down the road. How do they do that? Everything is simpler than it might seem at first. The whole point is, unlike most of the beginning traders out there dreaming about getting rich quick, the broker doesn’t rely on hypothetical opportunities. Instead, the company relies on true market conditions leading to certain results with a very high degree of probability. They know that most of the rookies applying for those bonuses actually lose them pretty fast as the result of gambling and unprofessional trading. That’s why most of the money given away goes back to the company over time.
And even if there is a guy or two capable of making consistent profits right off the bat, this is also good news for the company. To be more specific, the broker gets the very trader they have been looking for. As the trader gets more advanced and increases their trading volume, the broker makes much more money than invested. This leads us to believe that there is nothing wrong with bonuses in general. So, you better catch at the chance until it’s gone. However, you have to be really careful when choosing a broker to go with.
 

 

Anyway, to succeed in trading over the long term, you have to grow as a trader, to become more skilled and experienced, and to trade with a reliable broker. If you still have a hard time choosing a broker and get on the right track, feel free to join Masterforex-V Academy.

 

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

 

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Dukascopy Bank on Bitcoin Future after Bitcoin Split

On August 1st, 2017, the entire world of cryptocurrencies changed. The thing is that from now on, there are 2 forks of the world’s first and most popular cryptocurrency, which also enjoys the biggest market capitalization among its peers. We are talking about Bitcoin (BTC) and Bitcoin Cash (BCC). The split was followed by increased market volatility for both currencies, which was mostly of technical nature caused by the circulation of Bitcoin Cash rather than the classic supply and demand, experts say.

Publication date: 15 August 09:11 AM

Masterforex-V VIP Traders’ Performance. July 2017

The unbeatable FX strategies mentioned in a brand new book on the secrets of Forex investing by Masterforex-V keep on making both traders and investors richer. By the way, the yield in this case is way bigger than the one you can get by investing in bank deposits or any related low-income investments. The very essence of this kind of investing makes it possible to avoid poor and hasty decisions, thereby leveraging the entire process. By the way, VIP accounts have been among the top 10 accounts available for auto-copying at pro-rebate.com.

Publication date: 09 August 05:33 AM

UK Ready to Pay 40 Billion Euro for Brexit

The international expert community along with mass media keep on trying to evaluate the cost of the Brexit for the United Kingdom. The most popular version is that quitting the European Union will cost Great Britain around 40 billion euros. In particular, this idea is advocated by Deutsche Welle.

 

 
At the same time, The Sunday Telegraph claims that the specifics of the financial compensation to Brussels will become the catalyst for the Brexit talks. While referring to the high-ranking sources in the British government, The Sunday Telegraph reports that the government is ready to pay the EU up to 36 billion pounds, which is around 40 billion euros. This is the sum is intended to cover the UK’s financial liabilities to Brussels.
Publication date: 08 August 09:29 AM

Masterforex-V Expo Names World’s Best Brokers for Beginners in July 2017

Along with required knowledge and skills, the broker makes up the lion’s share of the trader’s success in the Forex market. That’s why choosing the right broker right off the bat is so important.

 

At the same time, most of the traders joining Forex to start making money often lack the required experience to make the right choice. On top of that, most of them are convinced that all the brokers are the same, which is why they ignore the significance of making the right choice and make this choice randomly.
Publication date: 08 August 03:54 AM

Bitcoin Exceeds $3300 Threshold

Bitcoin, which is the world’s first and most popular crypto-currency, started another strong rally a few days after it was split into 2 versions. According to Coindesk, the classic version of Bitcoin exceeded the $3300 threshold and set another all-time high at $3319. The thing is that the market capitalization of Bitcoin has been growing continuously ever since the mentioned split.

 

 
Publication date: 06 August 11:48 AM

Continuous Rally Shown By Crypto Currencies As Investment Opportunities

The phenomenal growth seen in crypto currency markets has become one of the leading tendencies of the year. Some of the crypto currencies have seen their value grow by 100%, 200% and even more. As for Bitcoin, which is the world’s first and most popular crypto currency, back in January 2017, it cost $1000 while in early July it cost over $2600.

Publication date: 29 July 01:00 AM

Alpari Increases Trading Turnover Up To $600,9 Billion In 6 Months

The international FX industry has recently been involved in a number of scandals. Against this background, we can only name a few companies with positive dynamics, efficient market products, and major license.

Publication date: 27 July 01:18 AM

Another Bitcoin Fraud Is Caught

Crypto currencies are controversial. On the on hand they give investors a decent investment opportunity. On the other hand, the may be way too risky. Often times, those are both market and even non-market risks, including fraud.

 

 
In some of the previous articles, we recommended you to start with a sound financial strategy and risk management before you invest even a penny in crypto currencies. We are not trying to say that those are bad investments. They can make you money if you really know what you are doing. However, you should be really careful about it since the advantages of decentralized and anonymous currencies may turn into disadvantages and loses for your wallet.
Publication date: 23 July 12:25 PM

Will European Parliament Help IronFX Victims?

Europe’s leading financial regulators have recently been founding them involved in various scandals. TheFinancial Conduct Authority (FCA) from the UK and the CySEC from Cyprus are some of them. The truth is, while those companies claim that they defend the customer’ rights, in reality they often take the broker’s side even though the broker may be playing dirty tricks on the customer.
Publication date: 20 July 03:19 AM

In June 2017, Masterforex-V Investors Made Money Again

The unbeatable FX strategies mentioned in a brand new book on the secrets of Forex investing by Masterforex-V keep on making both traders and investors richer. By the way, the yield in this case is way bigger than the one you can get by investing in bank deposits or any related low-income investments. The very essence of this kind of investing makes it possible to avoid poor and hasty decisions, thereby leveraging the entire process. By the way, VIP accounts have been among the top 10 accounts available for auto-copying at pro-rebate.com.

Publication date: 13 July 09:38 AM