Posts filed under 'forex accounts'
Forex Broker with REDUCED RISK ACCOUNT
ActivTrades Broker offers a reduced risk account which is suitable for conservative traders frequently employing stop loss orders to limit the potential losses on open positions. The ActivTrades forex broker fixed spread includes a premium to guarantee that your stops are always filled without slippage at your selected rate. This applies even during news and market openings when you place your stop loss order within the required freeze level time. Leverage is offered at a maximum of 100:1.
MAIN FEATURES
- Guaranteed stops
- Fixed spreads
- Maximum Leverage 100:1
- Trade mini- and microlots
- Commission free trading
- Minimum deposit EUR 250
Please note: Expert Advisors and Trailing Stops are not features of the Reduced Risk Account. Clients interested in using Expert Advisors should select either a Standard Account or Scalping Account following their trading techniques.
Add comment February 9, 2009
Forex Trading Exit Strategies
How many times has the market missed your target by just a small fracture, and then continued moving in the direction you have predicted without you “on board”?! Or, on another unfortunate trading day, forex market simply misses your profit target and leaves you with nothing, or even worse – loss! Obviously making profits is the hardest part in forex trading. It can take years to figure out how to enter but not how to exit. read full article here
Add comment January 18, 2009
What is Swapped During Forex Swap?
Swap is a forex trading term and it means a real-time purchase and sale of the same amount of a selected currency for two different dates for the sale and purchase of another selected currency.
Forex swap is in a way a borrowing mechanism. You basically borrow one currency while lending another for a selected period of time. In other words swap is interest rates for the currency pairs you sell or buy. Depending on the pair, you may either earn or pay swap interests.
Forex swap means that you can buy/sell a base currency today and sell/buy that currency sometime in the future. For example, let’s say you bought fixed amount of Euro for Dollars and sold those Euro 3 months afterwards for Dollars. This is defined as Euro Swap.
So, how can forex swap help you profit? Consider an example:
Let’s swap US Dollar and Euro. Forex trader enters a swap and buys $100,000 with exchange rate of $0.1 per euro (yeah right! It’s just an example!). At the same time, another trader agrees to sell in 3 month the same $100,000 dollars to buy Euros at the exchange rate of $0.09. During this trade the trader makes up to 50,000 euro profit because the value of dollar changed.
In other words, forex swap is when the trader and the broker trade one currency for another at an agreed rate and then convert those selected currencies back at a selected date in the future, at the previously agreed exchange rate. The common forex swap involves the combination of a spot transaction and a forward transaction.
Read on here: http://www.forexexplore.com/blog/viewpost/448.html
(Source: http://www.forexexplore.com)
1 comment October 5, 2008
Does Mini Forex Trading Mean Minimum Risk?
Aside from forex trading, the definition of the word “mini” is something that is small and limited compared to others of the same kind. In forex trading, is mini forex the limited option? Is mini forex designed only for those who cannot afford to trade large? Is mini forex less dangerous when it comes to risking?
Forex brokers give you lots of options when it comes to opening a trading account – demo account, standard account, vip account. And then there is mini forex account. It usually requires a small deposit compared to standard forex account. Mini forex account is considered a connecting bridge for new forex traders that had enough practicing their trading skills with demo accounts, but not yet really to open a standard account.
Mini forex deposit requirement might be small but it still allows you to trade large amounts of currency. This is done via margin and the usual margin requirement for mini forex is about 1%. It sounds too good to be true but it might turn into one of the forex trading hell unless you understand the risks. You might think that depositing small will not get you in trouble and that is the kind of thinking that you should avoid. You should fully understand the margin terms and requirements of your forex broker. If the requirements are not listed on the site make sure to discuss it with your forex broker and get the straight answers.
Margin allows you to trade larger amount of currency then you actually have in your deposited funds. As mentioned previously margin requirement is usually 1% but it is possible to get lower requirements such as 0.5% or higher, such as 2% or 5%.
The problem with margin is that your trading positions might get partially or completely disabled in case your available margin gets below the required amount.
Don’t be fooled by the word mini! Read more about real risks related to mini forex account here – http://www.forexexplore.com/blog/viewpost/360.html
Add comment August 24, 2008
