September 2019 – Forex PFA

Forex Metatrader Broker – How To Get Monthly Cashback From Forex Trading

Posted on September 29, 2019 by blogger

Forex metatrader broker, in other words a broker that uses that metatrader platform for trading make money on spreads and commissions. When your turnover is very large, your broker make a lot of money from your trading. Is there a way to get a discount or cashback on all this money your forex metatrader broker is making from your trading?

Actually it is! Consider the following calculation example:

Assume that you open an account with FXCM which is one of the most reputable forex metatrader broker, which offers 0.6 pip discount per roundtrip lot traded. One pip equals about $10 on average if you trade EURUSD, EURCHF and EURGBP. Lets say that you deposit $2000 on the account. Our estimate is that you will turn over about 10-15 Lots per $1000 per month on your account when using FAPTurbo and Megadroid. Assume that your turnover is 24 lots per month on your $2000 account.

Your monthly cashback during the first month would then be:

0.6 x 10 x 24 = USD 144

Your annual ROI would then be (144×12/2000) about 86% per year.

This is a very conservative figure since it does not take any compounding at all into regard and assumes zero growth from expert advisors. Assuming a monthly growth rate of 20% you could make $4500 per year from this program only.

It is 100% free to sign up and your spreads or commission remains the same after joining this program so there is really no reason why not to join. It is simply just money waiting to be collected by you!

FXCM is not the only of the forex metatrader broker that is connected to Cashback Forex. You can also claim a cashback from the following brokers: Alpari UK, Avafx, Dukascopy, Etoro, FXCBS, FXCM, FXDD, Fxopen, Fx Pro, GallantFX, Go Markets, Liteforex, Marketiva, Tadawul FX, X Forex

If you are a forex trader, sign up for this program today and start to take advantage of the cashback system and get some money back from the forex metatrader broker.

To learn more about this program and to sign up, please go to the link below.

Forex metatrader broker cashback program:

Understanding Forex Money Management

Posted on September 22, 2019 by blogger

One of the most important aspects of Forex trading is Forex money management. Money-management tends to be one of the more difficult concepts to grasp even for the most experienced Forex trader. Even understanding the basis basics of Forex money-management can help your Forex trading go along way. The importance of money management has been the focus for educators that teach forex trading. Most would think that the main focus would be on technical analysis and understanding the importance of economic events and the news calendar.

The first and most basic of money management decisions will be what is the account size? When funding your forex trading account the funds that are deposited in the account should be considered to be risk capital. The decision and determination of the account size is very subjective and is a very personal decision so one should look very closely look at his or her personal financial situation to make this determination.

Forex money management techniques should also be applied on a per trade basis. The value of each trade should be a certain percentage of the account equity. Once again this would be determined by each individual Trader as to the specific number but it should be within their comfort level. This is where discipline comes into play. The tendency is for traders to increase their trade amounts depending upon their level of confidence in a particular trade.

Trade management is a critical aspect of Forex money management. Knowing when to exit a trade especially those losing trades is very important for account preservation. It is also important for the Trader to recognize and to let winning trades increase. Even though this may be common knowledge it is one of the hardest habits for any Forex trader to break.

The use of leverage in for Forex is also an important Forex money management decision. Leverage while it can offer many opportunities in the Forex market can also be something that can be detrimental to an account as well.
It is very important before a Forex trader begins to have a trading plan. Sticking to that plan and staying disciplined are also key factors in Forex money-management.

Mbfx Forex System Review

Posted on September 18, 2019 by blogger

Forex market is one of the most lucrative methods that can make you boost your earnings. Just as you have the opportunity of making high-quality money, here is also a lot of risk in Forex trading. Having the necessary skills or a few basic Forex trading knowledge is a must. If you want to effectively trade , MBFX forex system will successfully help you enjoy the benefits of this kind of trade.

What is MBFX forex System?

The MBFX system is the top forex system that users can buy online. This system is associated with a veteran forex trader with vast experience in the industry. Attached with awards such as Top Trader 1999 and Top Forex Industrial Analyzer 2009 and 2010, there is no doubt that this is the finest resource for anyone who seeks the best forex system available. For anyone who is interest in the forex trading industry, it is significant to choose a healthy executed forex system from a trustworthy trader who has plentiful experience and knowledge about the industry. Present are a number of trading systems that exist online but not all of these can produce the required results.

But why should you use MBFX Forex system?

One, Million dollar Forex trading system enables you to know exactly what the Forex markets do not want you to know by bringing you impressive new.

You will also be talented to have a better thoughtful or an overview of the trends of the Forex market to enable you trade and decide like a genuine professional.

With a system that has been created over 17 years, you will be able to get the needed tools that will effectively help you make enhanced decisions and in turn enable you make first-class money in the Forex market.

Even with Million dollar Forex trading system sole approach, you can still be secure of getting professional services and efficient methods that work.

Whether with small or with the accurate knowledge on trading, Million dollar Forex trading system explains how the market functions, which will enable you as a trader have the ability to make astonishing profits while keeping the risks to a minimum. With a straightforward click of a mouse, you can enjoy noteworthy profits by expressive when to close a trade when the trade is going against you.

Whether for going up and declining markets, Million dollar Forex trading system gives you the ability to generate profits and is fitting for all kind of traders. Because you have the flexibility to choose when you want to trade, this system can be worn by traders including

Day Traders
Scalpers
Long term Traders

Million dollar Forex trading system has been shaped by a trader who has been the Most excellent Forex Technical Analyzer Award Winner for 2009 and 2010 and Best Trader of 1999. A veteran trader with 27 years experience in the Forex markets you can be sure to find all the imperative information for your Forex trading needs.

Stock and Commodity Markets! Advantage of Forex

Posted on September 14, 2019 by blogger

Stock and Commodity Markets! Advantage of Forex Once you begin to discuss the advantages of investment in the Foreign Currency Exchange Market. Forex over the Stock or Commodity Market, it is quite easy to sound like a cheerleader and with the same kind of bias. The Forex market offers so many advantages that it is not hard to understand its popularity. Forex Market operates 24 hours a day. It is a world wide market, and when the sun goes down in one trading center, it is coming up in another. The Forex market, although it has its trends and cycles, is not locked in the Bear vs. the Bull market mentality of the Stock Exchange. Since all Forex trades involve the exchange of one currency for another, one currency’s hard times opens the door for a profit in another currency. The market is not adversely affected by rising interest rates. When a nation raises rates, generally the currency is strengthened, while rising interest rates tends to depress the stock market. The combined number of different stock issues on the NYSE and NASDAQ exchanges totals 8000. That is a lot of stocks and it is time consuming to keep up with even a portion of them. There are four major currencies, and only about 34 second tier currencies, to consider in the Forex. Brokerage firms do not stand between you and profit in the Forex. Not only are the brokerage and commission fees almost non-existent, but analysts in the Forex tend to actually analyze in the currency market and not dictate or control the rise and fall of the market. When the two markets are compared,bar none the Forex certainly looks like the better investment choice. If you want to learn an amazing breakthrough system. That can skyrocket your trading profits. Your choice make money or fall behind. star to day before it’s to late

Why Trade Forex With An Ecn Broker

Posted on September 7, 2019 by blogger

ECN is an acronym for Electronic Communications Network. A Forex ECN broker does not have a dealing desk but in its place offers a marketplace where multiple market makers, banks and investors can enter in competing bids and offers and have their trades filled by several liquidity providers in an anonymous trading environment. The trades are done in the name of the ECN broker, providing you with absolute anonymity. A trader may have their buy order filled by liquidity provider “A”, and close exactly the same order against liquidity provider “B”, or have their order matched internally by bid or offer of a different trader. The best bid and offer is showed the trader along with the market depth that is the collective volume offered at each price level. A significant quantity of market participants offering pricing to the ECN broker results in tighter spreads. Forex ECN brokers typically charge a commission for matching trades between their customers and the liquidity providers.

Utilising an ECN broker to trade forex provides a variety of major advantages, probably the most evident being narrow spreads and deep liquidity. Narrow spreads ensure that day traders and scalpers can exploit small price changes on an intraday basis. Deep liquidity ensures that significant volumes can easily be traded without having any effect on price this is especially important in volatile market conditions and provides significant advantages for traders utilising automated fx trading systems. These two components combined mean that it is possible for you to to take advantage of more buying and selling opportunities, more opportunity equals more profit potential.

You will find a number of ECN brokers available in the marketplace today with by far the most widespread ECN used being Currenex. Currenex is generally employed by institutions and investment banks and out of reach for most retail investors, however in recent times as the demand for narrow spreads and transparency has improved extensively a lot of commonly accepted retail forex trading platforms such as Metatrader have been custom-made to suit ECN providers. Nowadays more than ever the bridge between retail traders and investment banks is tightening.

It goes without saying using an ECN company is not going to be of any benefit if you do not have a strategy. Developing a forex trading strategy that takes into consideration your risk profile, lifestyle and investment is crucial before you start trading. After formulating your trading plan it is best to then try a variety forex trading platform demos to see which trading platform most closely fits your trading plan. Of course its essential that you choose a forex platform offered by an ECN broker. It can often be tricky to find out whether or not a forex company is in fact an ECN provider, however as a guideline ECN providers will charge commission on your transaction rather quoting you a widened spread.