The world of binary options is growing up, and following the lead of forex. The highly regarded Australian regulation body ASIC is regulating Tradesmarter, which is now launching a fresh affiliate program. Binary options can be used for hedging, an alternative to traditional stop loss orders and also as tool for trading the news. More … “First Regulated Binary Options Affiliate Program Launched by Tradesmarter”
Category: Forex industry
And the winner is…
Alex Zalts got the highest number of votes in the technical strategy competition. I must say that the race was tight. Congratulations! You’ve won the book Essentials of Foreign Exchange Trading by James Chen, a highly regarded technical analyst. Quite a few interesting strategies were presented in the comment for this competition. Thanks everybody for participating. … “And the winner is…”
Currensee Launches First Portfolio Builder for Social Forex Investing
Currensee launches a new and impressing tool for assessing potential reward and risk before making an investment. This nice graphic tool, launched in FinovateSpring 2011 provides great previews of different investing portfolios using their Trade Leaders program. If you want to invest in currencies the same way you invest in mutual funds, you can invest in … “Currensee Launches First Portfolio Builder for Social Forex Investing”
What is Your Technical Strategy? Win a Book!
How do you trade forex? What indicators and what systems do you use for determining high profitability trades, Stop-Loss and Take-Profit levels? Share your system with us, and win a book about the essentials of forex! How does it work? Describe your system in the comments below: It can be as short or as long as … “What is Your Technical Strategy? Win a Book!”
Dow Jones FXCM Dollar Index Announced
A new tradable dollar index enters the scene: FXCM is collaborating with Dow Jones to provide an index that compares the greenback with the next four most traded currencies: the euro, pound, yen and the Aussie. Yes, the Aussie is in and the Swissy is out. This reflects the trends in trading for quite a … “Dow Jones FXCM Dollar Index Announced”
Overall Forex Activity Grows, Forex Factory Continues Leading
The interest in forex trading has grown during March, partly due to the horrific tragedy in Japan. Forex Factory continues to lead, with the highest traffic. Here’s some data of what forex stats look like. Arnaud Jeulin, owner of Mataf, has released his monthly summary of forex global statistics.Note that Jeulin bases his data on … “Overall Forex Activity Grows, Forex Factory Continues Leading”
Virtual Desktop Interface Launched by CMS
CMS Forex launches VDI – Virtual Desktop Interface service for forex trading. This service, which is similar to VPS, allows traders to access their demo or live accounts from any location. VDI supports MT4, ForexTraderPro and the VT Trader 2.0 charting package. The really nice part about this service is that traders receive a dedicated … “Virtual Desktop Interface Launched by CMS”
Forex Industry Q1 2011 Report Released
Michael Greenberg’s Forex Magnates takes the forex industry one step forward: his first ever professional research of all the factors in the growing industry is a big step forward. This 30+ page report discusses every player in the market in a way that you will instantly understand what’s going on behind the scenes of forex … “Forex Industry Q1 2011 Report Released”
CitiFX Pro Expanding Rapidly in 2011
CitiFX Pro, only bank forex broker left in the US, announces significant expansion in 2011. A new FIX-API will be available to clients in May, and it’s offering will expand to key markets in Asia, Europe and the Middle East. CitiFX has been very busy in 2011. Previous announcement included competitive spreads for bigger clients, … “CitiFX Pro Expanding Rapidly in 2011”
dbFX Shutting Down
There’s lots of action in the forex industry towards the Easter holiday. dbFX, one of the highly regarded forex brokers, and forex retail bank (backed by the huge Deutsche Bank) is shutting down its operations and moving willing clients to forex.com (Gain Capital). Michael Greenberg reports and analyzes: Gain Capital is the big winner here … “dbFX Shutting Down”