The crisis in Greece has significantly deteriorated over the weekend. This implies extreme volatility as markets open in early Asian trading. Some brokers have taken measures and others have warned. They would like to avoid another SNBomb turbulence. . Here are the first reactions from 7 brokers: Alpari: Warned that trading conditions may change in EUR/USD and EUR/JPY. … “Greek crisis – updates from 7 forex brokers”
Category: Forex industry
Greek crisis: Forex Brokers want to avoid another SNBomb
The Eurogroup will convene for the umpteenth time on Saturday at 15:00 GMT for another “final” run of talks towards the June 30th double deadline. While EUR/USD continues hugging the 1.12 level, this stability and consolidation may not last too long, especially in the case of a non-resolution, which could result in the collapse of the … “Greek crisis: Forex Brokers want to avoid another SNBomb”
How’s your broker’s spread in May? Detailed data for
TradeProofer is a forex trader community where members can benchmark their broker’s quote and trade execution against other members’ brokers. TradeProofer release monthly reports on broker spreads to summarize how the community saw brokers’ spreads. This time we focus on May. The charts show spread distribution of each broker for a selection of 10 currency … “How’s your broker’s spread in May? Detailed data for”
Is it too easy to open an account? Beware
There is an abundance of forex brokers offering different spreads, bonuses, leverages and regulations. Forex trading is not easy and not all brokers are equal. Apart from getting education, practicing on a demo account (even though it has its problems) and taking it step by step, you should also make sure it is not too easy … “Is it too easy to open an account? Beware”
SNBomb: Disturbing information on IG and Alpari UK
It’s almost 5 months since the Swiss National Bank shocked markets and removed the floor under EUR/CHF. The move not only ruffled the feathers of traders, but also had significant implications on many brokers, including some that got into serious trouble and others that went bust. Clients of defunct broker Alpari UK are still struggling, even on … “SNBomb: Disturbing information on IG and Alpari UK”
Does Trading Forex Start with a Risk?
Forex trading is a never-ending process whereby the trader must constantly learn and evolve in order to improve. Ask any trader about their learning experience over the years, and it’s quite possible they would liken it to the journey wherein you know where you want to go but you’re constantly on the lookout for the … “Does Trading Forex Start with a Risk?”
Forex Crunch Key Metrics – May 2015
The month of May continued seeing higher traffic year over year, but did not exceed the traffic of the previous month. 2015 is shaping up as an excellent year. Will this continue into the summer? Here are the numbers for May 2015: Website: Page Views: 691,100. Visits: 268,618. Visitors: 151,362. Time on Site: 2:26. Average Pageviews/Visit: … “Forex Crunch Key Metrics – May 2015”
FXStreet launches responsive version of its Economic Calendar
FXStreet, one of the world’s largest forex sites, has upgraded its economic calendar. The useful tool, available also here on Forex Crunch, now perfectly adapts to mobile phones and tablet computers. Here are more details from the official press release: Barcelona, May 25, 2015 – FXStreet, the leading Forex information website, has just launched the responsive version … “FXStreet launches responsive version of its Economic Calendar”
Forex Crunch Key Metrics April 2015
The fourth month of the year began slowly with the Easter break but certainly accelerated towards the end. All in all, while there is a drop from March, the year over year figures show a gain of 62% in page views. May is usually one of the strongest months of the year, so we hope for better … “Forex Crunch Key Metrics April 2015”
Tradesq: managing and optimizing trading strategies
Tradesq is a newly launched software that enables traders to plan a trade and set the key parameters and then manage it, independent of the broker or brokers you are using. Here is an overview of what the software and a video that shows it in action. This includes the all important and sometimes elusive money management: the … “Tradesq: managing and optimizing trading strategies”