Zecco, a large and successful American broker, is finally supported at Currensee – Zecco traders can now share their trades and use Currensee’s social network for free. Hopefully all brokers will join the network and adopt transparency with social sites such as Currensee. Zecco is an American broker that highlights low commissions. They don’t specialize … “Zecco Now Supported On Currensee”
Category: Forex industry
Open Stats
Forex Crunch stats are now visible to the public via Double Click AdPlanner. In an industry that is still growing up and is still full with secrets, this is my small contribution to enhanced transparency. There are lots of web comparison tools out there that measure traffic on the web. Alexa and Compete are the … “Open Stats”
Top 5 Forex Forums
Here are my top 5 choices, according to their design, structure, level of activity of the spam-fighting. Online forums supply a need to share and communicate with fellow traders while sitting alone in front of the computer. A simple Google search for forex forums will yield many more results in the front page, but not … “Top 5 Forex Forums”
Advertising on Forex Sites
Following an article I wrote about forex advertising in 2010, I got some questions about what goes on behind the scenes. This article lays out the 5 different advertising methods, how they work and how they are priced. Most of the advertising methods are used on other fields, not only forex. I hereby focus on … “Advertising on Forex Sites”
Currensee Gets Funding from Financial Services Firm
I’ve already reported about Currensee’s Round B funding. It now announces the last piece of this funding – Vernon & Park Capital, a financial services firm, has added its own $825,000 to this round. This new investor is closer to the forex markets than previous investos. Jim Ginsburg, is a managing partner at Vernon & … “Currensee Gets Funding from Financial Services Firm”
Currensee Raises $8M for Expansion Outside the US
Social forex site Currensee got new funding from investors. These funds will fuel expansion into the UK, Europe and Asia, development of the platform and the Trade Leaders program in which you can follow and mimic real trades of successful traders. Raising money for start ups isn’t so common since the breakout of the financial crisis. … “Currensee Raises $8M for Expansion Outside the US”
Forex Hacking Winners
Forex Hacking launches right now. 60 Forex Crunch readers showed interest in the new book with 60 comments! Thank you for your interest. It’s time to announce the 5 winners. Yes, the author has agreed to hand out 5 copies, more than 4 that were originally offered. I’ve used random.org for drawing the winners. Here … “Forex Hacking Winners”
Forex Hacking – New Ebook for All Traders
Jakob Dupont Knudsen of TradeProfits has written a comprehensive book about forex trading. The new book is for beginners as well as seasoned traders. Here’s a review and a hand out. Forex Hacking begins from giving good habits to new traders: Knudsen lays out a proper trade log. He then goes to deal with risk … “Forex Hacking – New Ebook for All Traders”
1:10 Leverage Limit? Keep Up the Fight
The debate over the CFTC 1:10 leverage proposal is hot. While some say it’s all over for the US forex industry, others think that this draconian proposal won’t be realized. I say – keep those letters coming. Here are some interesting thoughts. What do you think? Michael Greenberg continues to bury the American forex industry. Apart from the … “1:10 Leverage Limit? Keep Up the Fight”
Forex Advertising in 2010
FXCM is due to reduce their advertising budget dramatically. This move will have an impact on the forex industry, but also in ways that aren’t expected. FXStreet’s CEO, Fransesc Riverola, reported that FXCM will be dramatically cutting its advertising budget for 2010. In a very interesting blog post, he said that the battle will be … “Forex Advertising in 2010”