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Thursday, 22 June 03:55 (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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World Blitz Chess Champion Becomes Alpari Forex’s First Client

For those of you who don’t know, Russia has finally started regulating financial markets, including over-the-counter markets, and Forex in particular. This means that the legislation regulating Forex brokers in Russia has now taken effect. The Russian central bank acts as the watchdog regulating those companies that offer FX trading services to retail and corporate clients in Russia.

Publication date: 12 June 08:29 AM

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

There is no denying the fact that any beginning trader should choose the right broker in the first place. The thing is, many traders who are still getting their feet wet in trading are convinced that all brokers are the same in essence. At first sight, it my really seem so but if you dive deeper into the matter you will find out that this is not really the case and brokers do differ from each other in a number of aspects. Sometimes, the difference is crucial for the trader’s success.

Publication date: 10 June 11:51 PM

Bitcoin Skyrocket to $3000

Yesterday, on June 6, the average weighted exchange rate of Bitcoin came close to another major threshold, which is $3000 per 1BTC. By the way, this is a new all-time high for the crypto currency.
 
Publication date: 07 June 01:16 AM

Forex Trust Management the Right Way – Balance Between Moderate Risk and High Profit

Trust management has been one of the most efficient ways to benefit from investing in Forex. According to the result of comprehensive research conducted by Alpari, potential profitability of investing in PAMM portfolios is way higher than the profitability offered by the most profitable market products. Actually it’s 2,3 times as high on average.  As for isolated PAMM accounts, sometimes they bring 18-19 times as much profit!
 
Publication date: 31 May 09:37 AM

Masterforex-V Academy Experts on Finding Forex Entry Points

Any professional Forex trader out there can tell you that finding the right entry point is only 50% of success. Apparently, nobody likes a drawdown after opening another trade. Today we are going to take a closer look at how professional traders from Masterforex-V Academy seek and find the right
 
Publication date: 31 May 08:31 AM

Swap Slavery: Which brokers rob those who trade GBP/USD?

It’s not a secret that GDP/USD is one of the most popular currency pairs today However, there is one but. While some traders do really succeed in making money while trading the British Pound against the U.S. Dollar, others have to put up with losses over time while trading the same currency pair. Yet, we are talking about the same trades made with different brokers.
 
Publication date: 31 May 02:44 AM

MT4-Based Binary Options Brokers

Today we are going to take a closer look at the most reliable and trusted brokers allowing you to trader binary options using the good old MetaTrader 4 or MT4 for short. Let’s first recap what is MT4 and why you should consider trading binary options this way.

Publication date: 29 May 10:47 AM

Russian Ruble May See Devaluation

According to Russia’s central bank, the real effective exchange rate of the Russian Ruble increased by 2,5% in April 2017 against March 2017. What is the long-term forecast and what are the chances of a weaker ruble in the near future? Market Leader will try to figure this out together with several experts.
 
Publication date: 25 May 09:04 AM

Ukraine Switches from Dollar to Euro

The so-called Euro integration now seems to be influencing Ukraine’s choice of the main reserve currency. According to several Ukrainian bankers, the amount of transactions denominated in the common European currency has nearly doubled recently. This means that the Ukrainians are gradually abandoning the U.S. Dollar in favor of the Euro.
 
Publication date: 18 May 09:54 AM

Euro. New Optimism

The 2017 GDP forecast for the European Union is reported to have been increased by the Euro Commission from 1,6% up to 1,7%. This means that the economic growth in 28 EU countries, according to the general estimate, is likely to reach 1,9%. The Euro Commission has reported about economic growth for the 5th year in a row. They expect the tendency to remain this and next year as well. The unemployment rate is expected to shrink all the way down to 9,4% this year.

 

 
Publication date: 17 May 07:04 AM