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Questions related to Forex code

Hello,
I am entirely new to Forex trading and up to this very moment I have not made a single Forex trade. However, it has piqued my interest lately and I decided to spend some spare time writing some high frequency FIX over SSL code. I was hoping you guys could help me with a couple of questions I have. Forgive me if these questions sound entirely dumb. If they are more suitable on a different subreddit please let me know.

1) Can I get a couple of resources (web-links/URLs) for historical currency pair data? What is the the best temporal granularity I can find in historical data? Seconds/milliseconds/nanoseconds?
2) Can I get recommendations for brokers that offer FIX trading? I found a somewhat popular platform with a $5000 minimum deposit but they do not permit registrations for US residents. Is this common? Any idea why? In addition, I came across a couple of VPS providers offering low latency connections to brokers often in the single digit milliseconds latency range. Are these guys legit? Anyone have any experience here?
3) In a low latency trading scenario, what is the typical duration for order execution? By this I mean the time period between placing a market order (FIX Tag 35=D) and getting a successful execution report(FIX Tag 35=8)? If this is a variable time period can you list the contributing factors? I have encountered some verbiage on broker sites warning that their demo accounts could offer more expedited order execution than real market accounts which might also have slippage(what is this?). I was hoping I could get actual numbers of typical expectations in a real market scenario under a variety of dependent conditions.

Any answers I get would be every helpful and highly appreciated. Thanks!
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Forex trading - deciding on a forex broker

The foreign currency market is the largest of all of the trading markets with an almost unbelievable 5 trillion dollars changing hands each day. Until recently Forex trading was consigned to heavy weight traders and brokers who could afford the high minimum trading amounts required.
However, the recent appeal of trading online has prompted a further development in the foreign exchange boom. Increased leverages are now not just available for the big scale traders but also for the starter and lower volume speculators. Whereas minimum deposits were at one time in the thousands of dollars range now they are in the hundreds. Nowadays, a trader can enter the foreign exchange with little more than a credit card, a Forex trading account and a laptop or PC. The boom has led to a number of brokers entering the market to meet the demand in online trading, but getting a suitable broker out of so many options can be difficult.
Deciding on a Forex broker
Take a look at this list of fundamentals to think about when making your selection of a suitable Forex broker:
Foreign currencies
All Forex brokers provide the "majors" as pairs to trade upon. These principal moneys include the US dollar (USD), the Japanese Yen (JPY) and the British pound (GBP). Further brokerages host platforms that have the alternative to exchange lesser known moneys. The more sluggish Forex currencies or"exotics" encounter even more volatility as opposed to the "majors" which can provide intriguing trading options. If you are planning on trading on one of the weaker, "exotic" currencies make sure that it on the list of currencies to invest with on your broker of choice's platform. In short make sure that you work with currencies that you have an interest in.
Trades
A lot of currency brokerages have reduced their minimum deposits to as low as $100. Higher leverage sums which were formerly only made accessible for expert traders are currently on hand for the lower end traders. The good thing about this is that with a 50:1 leverage, on a trading account of $1,000 the user can now sustain a place of $50,000. Be careful to remember, however, that leverage is a sort of financial loan, whilst the strength of your account is markedly increased the potential sum to be lost is also boosted.
Regulation
Each one of the leading Forex firms will have made sure that they are listed by one or more of the main regulatory authorities. For a user to observe that a company is fully regulated shows that the brokerage service is a serious operation devoted to fair market procedures. Signing up for membership with an unregulated broker is not advised, even more so with such a wide choice of regulated brokers out there..
Minimum amounts for deposit
Every broker will designate a minimum deposit amount prior to the start of trading. Smaller deposit amounts can be put down using beginner or low volume trading accounts whereas the high roller accounts require higher minimums to begin. As there are such larger numbers of brokers operating the initial deposit amounts can play a significant role as each company pushes for your custom by trying to out compete rival companies with more tempting welcome offers. You will notice that it can be to your gain if you browse a little.
Commissions and Spreads
Forex brokerages profit though commissions and spreads. The broker's commission can either be set on a per transaction basis or over a set of transactions. The spread refers to the amount between the actual and the bidding prices of a currency or currency pair. Usually the spread is comes in at around 3-5 pips.
Margins
It is not unconventional for a broker to require that you fund your account with an advanced amount of capital to counter balance any potential losses that may be experienced. This advanced amount is known as a margin or margin requirement. Be sure that the conditions of the margin requirement are suited to your degree of trading.
Trading Platforms
The most widespread platform in the online Forex market is the Meta trading platform. It is very reliable and can be accessed both on your computer and your mobile device. Some brokers use their own proprietary trading platform as well so it is advisable to take the time to find out how trusted it is and whether there are any interruptions between messaging between their platform and the actual foreign exchange.
Support
See if you can get as much information as possible about the level of support available with a broker. Good indicators of a broker's level of service can include the trading education materials they have and if there is a live chat option. Together with this, many top companies display documentation, tutorials and eBooks to educate you on how to improve your chances of achieving profitable returns and cutting down minimising the risks.
Forex trading involves risks. You can minimise the risks by researching your broker and testing out your trading strategy thoroughly.
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Forex Trading Strategies Reddit: What you need to know to start Forex trading.

Forex Trading Strategies Reddit: What you need to know to start Forex trading.

FOREX Strategies

What are FOREX Strategies?
https://preview.redd.it/ihmphstzguv51.jpg?width=960&format=pjpg&auto=webp&s=81f6b73c367d8695605514f8d32aaf3e2aeabc6e
You may have noticed that most of people confuse the terminology and refer to FOREX Strategies in the wrong way. There are methodologies, systems, strategies, and techniques. The most effective methodology is Price Language (Trend Tracking). Combined with a correct reading of mass psychology presented by the charts.
We know that in the Stock Markets there are thousands of strategies. FOREX, like the rest of the markets, presents you with the opportunity to apply similar strategies to win consistently. Taking advantage of repetitive psychological patterns.
First, the Price Language methodology has created great fortunes in FOREX, and the next fortune may be yours. But this methodology must be implemented within a framework of advanced concepts of Markets. Without forgetting the basics. And working hard day by day.
Second, a strategy is a set of parameters and techniques that together give you the advantage to act in any situation. Thus for example in war, generals have attack strategies and counterattack strategies.
FOREX strategies alike are entry strategies and exit strategies. All beginners should know these FOREX strategies for beginners. That way you will get a general idea of ​​the game and understand that trading is a war against the Market and its Specialists. Only applying FOREX strategies revealed by the same Specialists and using their own techniques,
... you can survive in this war.
Do not fall into the trap of the many "systems" and "methods" that are offered on the internet about operating in the FOREX Market. They just don't work in the long run. They are strategies based on indicators for the most part. Using rigid parameters. That if they can work and give profitability during a certain period of time, they will always reach a breaking point when the market changes its dynamics.
Instead, take advantage of your precious time and learn the Language of Price or Price Action.
The Language methodology will allow you to adapt to each new phase of the Market. If you combine this knowledge with the appropriate psychological concepts, you can live comfortably from speculation in FOREX.

Forex Trading Strategies Reddit - Basic FOREX Strategies

You have two basic FOREX strategies, one entry, and one exit. Both follow a general strategy that helps you capitalize on the collective behaviors of the Market. That is, of the total of participating speculators.
This behavior causes the formation of cycles that repeat over and over again. Driven by the basic emotions (uncertainty, greed, and panic) of the speculators involved that can be taken advantage of with the aforementioned FOREX strategies. Specialists identify these emotions in the order flow and capitalize on these events every hour, every day, and every month.
Basic FOREX Strategies - The Price Cycle
These repetitive cycles consist of 4 phases:
  1. Accumulation
  2. Upward trend
  3. Distribution
  4. Downward trend
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The two trends can be easily identified by their notorious breakdown. And the two areas of uncertainty (accumulation and distribution), due to their notorious range trajectories.
This general behavior determines the core of our FOREX strategies.
You buy when the price of a pair has broken and has come out of one of its congestion formations (accumulation or distribution). You implement one of the Forex strategies, in this case, the entry one.
The multi-time technique will help you find the point of least risk when entering your initial buy or sell order. In the same way and using the same strategy but this time to close your position, the multiple timing technique will also show you how to close your operation obtaining the highest possible profit.
The most consistent way to extract profits in the market is by trading the start of trends within a cycle . Once confirmed by their respective breaks from the areas of uncertainty. This is the mother of all FOREX strategies . And in a market that operates 24 hours, we have more frequent cycles and therefore more opportunities.

Forex Trading Strategies Reddit - Advanced Forex Strategies

There are many advanced FOREX strategies that are generally used by professional speculators working for large financial firms.
Among these firms are banks, Investment Fund managers and Hedge Fund managers. The latter is an investment modality similar to Investment Funds, with the difference that Hedge Funds use more complex investment strategies. Its operations are more oriented to aggressive speculations in the short and medium-term.
Among the most common strategies is hedging (hedging), carry trade, automated systems based on quantum mathematics. And a large number of combinations between the different option strategies.

The Carry Trade

The central idea of ​​Carry Trade is to buy a pair in which the base currency has a considerably higher interest rate than the quoted currency. To earn the difference in rates regardless of whether the price of the pair rises or falls.
Suppose we buy a $ 100,000 lot of AUDJPY, which according to the rates on the chart would turn out to be the ideal instrument in this example to use the Forex carry trade strategy.
As our capital is in US dollars we have to assume for our example, the following quotes necessary to perform the place calculations:
AUD / JPY = 80.00 USD / JPY = 85.00
What happens internally in your broker is this.
  1. By placing as collateral $ 1,000 of your $ 50,000 of capital (assumed for this example), deposited in your account, you have access to $ 100,000 virtual (this is what is known as leverage); that is, you put in $ 1,000 and your broker lends you 99,000.
  2. With those $ 100,000 virtual dollars, your broker borrows on your behalf ¥ 8,500,000 Japanese yen (85 × 100,000) at 0.1% annual interest from a Japanese bank.
  3. With those ¥ 8,500,000 Japanese yen, your broker buys A $ 106,250 Australian dollars (8,500,000 / 80) and deposits it in an Australian bank where it receives 4.5% annual interest on your behalf.
  4. One year later (and regardless of the profit or loss generated by the pair's movement), your profit will be the difference between the AUD rate and the JPY rate, that is:
Profit = (AUD rate) - (JPY rate) - (costs of the 2 currency exchanges) Profit = (4.5%) - (0.1%) - (0.1% to 1%)
The great advantage of carry trade FOREX strategies is that this percentage profit is applied to the $ 100,000 of the standard lot; the broker transfers all of the profit to you, even if you only contributed $ 1,000. On the other hand, if you carry out the inverse of this operation, this benefit of the Forex carry trade becomes a cost (swap), and you assume it completely.
Remember that FOREX carry trade strategies are recommended for pairs with considerable interest rate differences, such as the one we have just seen in our example.
These FOREX strategies should also not be used in isolation. The idea is that through technical analysis you identify when would be the ideal time to enter the market using your carry trade Forex strategy and multiply your profits considerably.

What FOREX Strategies Do Hedge Funds Use?

The FOREX strategies used by large fund managers do not constitute an advantage in terms of percentage results for them, nor do they constitute a competitive disadvantage for you.
The vast majority of them fail because of their big egos. In fact, there was a firm made up of great financial geniuses, including 2 winners of the Nobel Prize in Economics, who developed a strategy based on quantum mathematical calculations.
With an initial base capital of about 3 billion dollars, and after 3 successful years obtaining annual returns of over 40%, the firm Long-Term Capital Management, begins its fourth year with losses. To counteract these losses the geniuses decide to multiply the initial capital several times, while the losses continued.
The year closed with the bankruptcy of the fund, and with a total accumulated loss of 1 trillion dollars, due to the great leverage used. And all for not admitting that the FOREX Strategies of Long Term Capital Management were not in line with the dynamics of the Market.
There are an overwhelming number of opportunities in the stock markets to make money interpreting the Language of Price.
You don't need to use complex "advanced" strategies that have been created to handle hundreds or billions of dollars.
The reasons for using these FOREX strategies are very different from what a "retail trader" pursues with his small speculation business.
As you can see, you should not worry about wanting to integrate any of these advanced strategies into your arsenal. They are only beneficial for managing hundreds or billions of dollars, where the return parameters are very different when you handle small amounts of capital.
Do not worry about collecting hundreds of free FOREX strategies that circulate on the internet, that great accumulation of mediocre information will only serve to confuse you and waste your valuable time.
Spend that time learning Price Action,
… And you will always be one step behind the Specialists, identifying each new Market condition, and anticipating the vast majority of reversals of all prices.
Ironically, the most successful fund managers indicate that their most profitable trades are those based on the basic trend-following strategies of the Price Language. The same ones that you will learn in this Free Course.
Dedicate yourself to perfecting them and believe me you won't need anything else. As long as you have good risk management, taking into consideration the following points ...

Styles of Investments in FOREX

The Investment FOREX long term is not recommended for small investors like you and me. If we take into account the term investing literally as large investors do who buy a financial product today to sell it years later.
We both have a better niche in the short and medium-term.
You may have noticed that the big multi-year trends in the Forex Market do exist. But minor swings within a big trend are usually very wide.
These minor movements allow us to easily double and triple the annual return of the big general trend, motivating most traders to speculate in the short and medium-term.
These minor oscillations or trends that occur within the large multi-year trends owe their occurrence mainly to two reasons.
First, the FOREX Market presents 3 sessions a day each in different cities of the world with different time zones (Asia, Europe, and America). This causes more frequent trend changes than in the rest of the stock markets.
Second, the purpose for which it was created also plays a role. The modern Foreign Exchange Market, since its inception in 1972, was conceived by the global financial system as a tool for speculation. To obtain benefits in the short and medium-term (from several days to 1 year).
These two points are basically the reasons why we observe the immense speed with which the FOREX market changes trends.
For example, for those who live in America, in the early morning (Europe) the EURUSD pair may be on the rise, in the morning or afternoon (America) it may be down, and then finally at night (Asia) it may return to the rise.

Define your Own Style for your FOREX Investments

One of the first decisions you will have to make is to choose your style as a trader or investor.
There are 4 types of well-defined styles.
Most professional traders tend to have multiple styles, although they always identify with one primary style for their FOREX investments. Study the characteristics of the 4 main styles to make your investments in FOREX :
1. Long Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per month to their investments in Forex. The period of an open position ranges from 1 year to 5 years.
2. Medium Term: recommended for anyone who is going to enter the market for the first time and who can dedicate a minimum of one hour per week to their investments in Forex. The period of an open position ranges from 1 month to 1 year.
3. Short Term: recommended for anyone who is going to enter the market for the first time, or who already has a certain time operating in the long and medium-term, showing constant profits, and who can dedicate a minimum of one hour per day to your investments in FOREX. The period of an open position ranges from 1 day to 1 month.
4. Intraday : recommended only for people with a fairly solid earnings record in the short term, and with a capital greater than $ 50,000. As we have noted, this option constitutes a full-time job.
People who start investing in FOREX , should start executing short-term (weeks) and medium-term (months) transactions only, and not pay attention to intraday oscillations (day trading).
If you are interested in being an intraday speculator, I recommend that you first exhaust at least a year doing operations in the short and medium-term to assimilate the correct strategies and to develop the necessary mentality to carry out this work.
The second option would be to participate in some kind of intensive training.
I remind you that self-educating is almost impossible in speculation. You are likely to accumulate a lot of knowledge by reading books and attending courses. But you will probably never learn to make money with all the incomplete "systems" circulating on the internet.

Mistakes to Avoid When Looking for Your Style

Many people who are new to FOREX investments make the mistake of combining these styles, which is a key to failure.
I recommend that if you are not getting the results you expected by adopting one of these styles, do not try to change it. The problem sure is not in the style, but in your strategies or in your psychology.
A successful investor is able to make a profit in any longer trading time than he is used to. I explain. If you are already a profitable operator in the short term, it is very likely that you will also be profitable in the medium and long term,
… As long as you can interpret the Language of Price or Price Action.
In the opposite case, the same would not happen. If you were a medium-term trader, you would need time to adjust to the intraday. The reality is that long, medium and short term traders have very similar personalities. The intraday trader is completely different.

The Myth of the Intraday in Investments in FOREX

If you are already successful in the short, medium and long term, you will notice that the sacrifice and the hours necessary in front of the computer to operate intraday is much greater. The intraday style will be useful to increase your account if it is less than USD $ 100,000 in a very short time in exchange for 8 to 12 hours a day of hard work but ...
You must first develop the necessary skills to operate the intraday.
The ideal is to combine all the styles to get more out of the Market and carry out more effective transactions and have a diversification in your investments in FOREX.
There are intraday traders that are very successful, but the reality is that there are very few in the world that make a profit year after year. If you want to become an intraday, you just have to prepare yourself properly through intensive training.
Otherwise, I recommend that you don't even think about educating yourself to adopt the intraday style. It is not necessary to go against a probability of failure greater than 99%. Unless
... your ego is greater than your common sense.
The main reason why this style of investments in FOREX is not recommended for the vast majority of us "retail investors" (the official term "retail traders"), is the high operational cost.
The real commissions in this market range between $ 2.0 and $ 2.50 for each lot of 100,000 virtual units. This means that a complete operation (opening and closing) is approximately $ 5.00, for each standard lot traded ($ 100,000 virtual).
Another fundamental reason is the advent of robotic traders (HFT = High-Frequency Trading), which tend to manipulate the market in the shorter intraday swings. Please do not confuse HFTs with automated systems that we find daily on the internet, and that can be purchased for a few hundred dollars and often for free on FOREX forums / groups.
These HFTs to which I refer, they are effective. They cost millions of dollars and have been developed by the large Wall Street financial firms to manage their investments in FOREX.
The reality of the intraday trader is that you execute orders for large lots at the same time, to profit from the smallest movements in the market. It is an activity based on reflexes. The slightest oversight or distraction can turn into a catastrophe for your FOREX investments.
I recommend that you start investing in FOREX using slow time periods such as H4 or Daily. For some reason, all Goldman Sachs intraday FOREX investments are made with algorithms.

Finally…

To choose your style as a trader and manage your investments in FOREX, first determine what your degree of experience is, analyze the points mentioned below and the rest you will discover when you execute your first operations.
The points that will affect your decision are:
  • Capital
  • Time available each day
  • Level of Experience
  • Personality
Discovering your style is a search process. For some it will be a long way to find the right time frame that matches their personality. Don't be put off by the falls. After all, those who continue the path despite the falls are the ones who reach the destination.
And I hope you are one of those who get up over and over again. The next lesson will boost your confidence when you discover the main reason that moves currencies ...

Fundamental Analysis in Forex Trading Reddit

The fundamental analysis in Forex is used mostly by long-term investors. Players as we saw in the styles of operators, start a negotiation today, to close it years later.
I always emphasize the importance that the mass media give to this type of analysis to distract the great mass of participants.
It is all part of a great mass psychological manipulation. For centuries the ignorance of the masses has been organized before the great movements begin.
The important news are the macroeconomic reports published by the Central Banks and other government agencies destined for this work. All reports are made up. 99% of them are corrected months later.
These events are tools to justify fundamental analysis and price cleaning movements. Any silly headline does the job. With this, it is possible to absorb most of the existing liquidity, before the new trend phase is projected.

Reaction!

Except in rare situations, the result of an economic report of the fundamental analysis is generally already assimilated in the graph. In most cases, there are financial institutions that already have access to this information and are organizing and carrying out their operations in advance.
The phrase buy the rumor and sell the news is a very old adage on Wall Street. And its meaning contains what we have just explained. For the investor who can interpret the Language of Price, fundamental analysis is of little importance. Well, in general, their disclosure does not indicate that you have to take any action in your open trades , as long as your entry strategy provides you with a good support cushion.
This reality of fundamental analysis causes a lot of confusion for investors who lack in-depth knowledge of the forex market.

Macroeconomic Data

The data published in these events is irrelevant. Both for speculators and for the people in general. They are false. They lack reliability.
The price can go up or down with the same result of the data. The main ones are:
- Interest Rates - GDP (gross domestic product) - CPI (inflation) - ISM (manufacturing index) - NFP (payroll) - Double Deficits (deficit = fiscal + balance of payments)
If you are initiated, I recommend you avoid operating near these events. It is only a matter of having the time pending. Use the economic calendar for Fundamental Analysis of Forex Factory.
There is a probabilistic advantage in operating these fundamental analysis events. But it takes preparation, experience, and practice. They represent a way of diversifying in the general operation of a speculator.

The Uncertainty of Fundamental Analysis

On many occasions after the disclosure of an economic report, the price movement of the currency pair that is going to be affected tends to move in the opposite direction to the logic of the report.
I show you an example of a fundamental analysis report. Imagine that the EUR / USD pair is trading at 1.2500, and the FED (US Federal Reserve) issues a statement announcing that it has just raised inter-bank interest rates from 0.25 points to 0.75 points. Very positive news for the US dollar that logically implies an appreciation of the currency and consequently an instantaneous collapse of the EUR / USD pair (up the dollar and down the euro)
However, minutes after the release of said fundamental analysis report, the pair after effectively collapsing to 1.2400, returns and returns to its levels prior to the report (1.2500). This situation is very common , but it is not so easy to identify it when it is occurring, but after the damage is done.
Traps like these devour the accounts of beginners who approach the market with little experience, with weak strategies, and especially with very little experience.
That is why I reiterate that you forget the fundamental analysis for now. Just keep in mind when operating, that there is no publication scheduled nearby. Just check the economic calendar for the day and forget about the numbers. Let the economists mess around with the data.

FOREX Market Correlation

The Forex market correlation exists between pairs with similar "base" currencies and not always under the same circumstances. The correlation in the Forex market that is most followed and that has the greatest impact on fundamental analysis is that of the US dollar (USD).
The USD is the most traded monetary unit with a volume greater than 80% with respect to the rest of the currencies. This fact determines why their correlation is the most important, the most followed, and perhaps the only one worth following in the fundamental macro analysis.
The 7 major pairs are usually in sync . These 7 pairs all include the USD and present a fundamental analysis correlation almost 75% of the time. Influencing the rest of the currency pairs.

Advantages of the FOREX Market Correlation

In the fundamental analysis the most basic FOREX correlation is the following. When the USD appreciates, the USD / CAD, USD / CHF, and USD / JPY pairs tend to go up in price. This indicates that the Canadian dollar (CAD), the Swiss franc (CHF), and the Japanese yen (JPY) are losing value against the USD.
We must bear in mind that this correlation does not occur 100% of the time. In fact, the JPY generally tends to move in the opposite direction , since in recent decades this currency has been used as a source of financing to invest in other financial instruments.
On the other side is the FOREX market correlation that generates a movement almost in unison in the other 4 major pairs EUR / USD, GBP / USD, AUD / USD, and NZD / USD. These tend to fall in price, homologous the appreciation of the USD. But not always.
In this case the fundamental analysis correlation works most of the time, between 65 and 85% of the time. Small differences are noted in the extent that each of these pairs experiences.
There is also a correlation in the secondary FOREX market, where the pairs of all currencies that do not include the USD participate, but I recommend you not to waste time on them for now. There are more important things about the Language of Price to know first.

FOREX Commodity Correlation

In this part I will explain to you in a basic way the Correlation Commodities - FOREX of the fundamental analysis.
There are three currencies that have a direct correlation with commodities. They are usually called: "COMDOLLS" which is short for "Commodities Dollars" (Commodities Dollars), since all three obey the dollar denomination. These are:
- The New Zealand Dollar (NZD) - The Australian Dollar (AUD) - The Canadian Dollar (CAD)
These three currencies make up the group of the 8 largest together with the euro, the pound, the yen, the franc and the US dollar. Together, they merge to produce the major pairs traded in the FOREX Foreign Exchange Market.
The FOREX Commodity Correlation has an affinity in most cases greater than 75%. And each of them has its different raw material of correlation. You will notice that the NZD and the AUD are two currencies that act practically in unison. Both present minimal discrepancies in their fluctuations in the short, medium and long term.
This is mainly because their economies are very similar and their economic and fiscal policies are too. Their main production items also show great similarities, despite the fact that the Australian economy is much larger than the New Zealand economy.
The raw materials that follow the movement of the AUD are mainly gold and copper. If you put the history of these three quotes during the last decade of the year 2,000 together on the same chart, you will notice a very similar upward movement between the three quotes. Pure correlation of fundamental analysis.
This strong correlation with commodities in the metals area for the AUD has provided Australia with an economic advantage enviable over the other major powers that have seen their currencies devalue sharply against the AUD. At the same time, they experience a constant decrease in the purchasing power of their citizens.
The NZD maintains a correlation with raw materials related to agriculture and livestock, mainly including milk and its derivatives. It is one of the countries that dominates the world export of these economic items, and also has important exports of metals , although in smaller quantities than Australia.
Finally, you have a correlation with raw materials in the energy area. For historical reasons the CAD, which is not the largest oil producer in the world, but an important supplier to the largest consumer that is the US, has seen its currency oscillate in line with oil prices.
To make long-term investments in the Foreign Exchange Market, it is necessary to take into consideration at least one Commodity Correlation - FOREX in your fundamental analysis.

Forex Technical Analysis Reddit

The technical analysis is the methodology that interprets the movements of the price. Specialists look for liquidity to fund their business. The repetition of the strategies used by the specialists in their work generate repetitive patterns.
If you were an analyst, you would develop the visual ability to identify such patterns on a graph. If you were a programmer you would quantify them mathematically using complex formulas.
And if you could learn to interpret the Language of Price, you would have the ability to anticipate 90% of all movements that occur on a chart. And in this business, anticipating is what will make you money.
Market prices are reflected and framed on a horizontal time axis and a vertical price axis. Prices go up or down according to the aggressiveness of the participating operators. In an efficient or balanced market these oscillations should be imperceptible.
But in reality this is not the case, since the Market works thanks to the digital printing of hundreds of billions of units of paper money systematically distributed by the Central Banks through the banking system. These resources serve as a tool to manipulate 100% of the movements that occur in the FOREX Market.
Are you looking for Technical Indicators? All technical indicators were created from the 70's. How do you think that for more than 200 years the speculators of the past accumulated great wealth?
With the Language of Price. The best timing is given by the price itself. Indicator-generated entry signals usually occur at the wrong time.
The basis of technical analysis is human psychology. Unfortunately, human beings are not perfect and are loaded with emotions that dominate their behavior in similar situations, creating repetitive and highly predictable behavior when it occurs in masses.
The study of technical analysis through indicators and subjective training, originates and shapes the collective thinking on which all the traps that specialists execute every day to maintain their business are designed. If the majority won, the Market would cease to exist.
Although you already know that the patterns are not generated by the masses , but the repetitive behavior of the Specialists in the face of the action response of the masses. It is very easy for speculaists, because they can see everyone's orders in their books.
And they also exert a great influence on the decisions of the masses through the mass media. It is what I call the war between the Egg and the Stone , if you hit me you win and if I hit you also you win.

The Deception of Modern Technical Analysis

Through the centuries thousands of people have been able to extract great benefits from the financial markets by applying the basic strategies of technical analysis and the psychology of the Price Language.
More than 200 years ago when the markets began to operate officially, fundamental analysis predominated, which was only used by large financial institutions. As this analysis tool began to become popular, these institutions began to apply the strategies of technical analysis.
In recent decades and with the massification of internet technology, technical analysis has begun to be handled by anyone who has a computer with internet access. The same financial institutions, which have been present for more than a century and as a result of this overcrowding , establish a strategy to confuse and misinform about the true strategies of technical analysis.
This has been accomplished in the following manner. Currently there are hundreds, if not thousands of technical indicators that have been developed by so-called "gurus" of technical analysis and that sell their magic indicators packed in a "system" or "method" that usually cost thousands of dollars, or simply with the publication of a book with which they generate large profits. Double benefit.
The aim is to confuse the initiates in speculation and create the collective mentality that will originate the same behaviors over and over again. About 95% of these new entrants completely lose all the capital they invest in their early stages as investors.
Leaving them with a negative experience and creating the idea and the image that financial markets are an exclusive area for geniuses with high academic levels and that only they can produce returns in the markets year after year.
The initiate, having lost all his original capital, turns to these “gurus” for help and teachings. You spend more capital on the products they offer you and the cycle repeats itself . Obviously, the vast majority do not relapse and completely forget to re-engage in the stock markets.
I hope you have not been a victim of this drama.
Now I will show you the simplicity of a FOREX technical analysis , without the need to resort to any indicator as a tool to determine an effective entry or exit strategy when planning your operations.

The Price Cycle

Previously you studied in the FOREX strategies lesson, that the typical price cycle when it is reflected in a graph, presents four very specific phases and very easy to identify if you perform a technical analysis with common sense . These are:
  • Accumulation
  • Bullish trend
  • Distribution
  • Bearish trend
Remember also that the most effective way to constantly extract profits in the markets is by taking advantage of phases 2 and 4 (the trends). Combined with a correct reading of the collective behavior of the masses of speculators interpreting the Language of Price.
You will be surprised by the simplicity with which thousands of people around the world and over the centuries have accumulated large sums of money by drawing a few simple lines and applying responsible risk management with their capital.

How to Identify Trends?

Being able to determine the trend phases within the price cycle is the essence of technical analysis since it is these two phases that provide you with the probabilistic advantage you need to operate in the markets and obtain constant returns.
In the most plain and simple language, in the world of technical analysis, there are only two types of formations: trends and ranges.
The trends, in turn, can be bullish if they go up, or bearish if they go down. The ranges, on the other hand, can be accumulation if they are at the beginning of the cycle, or distribution if they are in the high part of the cycle. As I had indicated in the topic of FOREX strategies when describing the price cycle.
This sounds more like a play on words, but I will show you the practical definition to simplify your life and then you will apply these definitions on the graph so that everything makes more sense to you.
  • Bullish trend: a succession of major highs and major lows
  • Bearish trend: a succession of minor highs and minor lows
  • Floor Range: equal highs and varied lows
  • Ceiling Range: equal minimums and varied maximums
https://preview.redd.it/vvmsshf0guv51.png?width=600&format=png&auto=webp&s=c321679a7dcc03f7184778be86379ef442fddf91
Some key points from the graph:
  • The start of this big uptrend was detected when the last high (thick green line) of the previous downtrend was broken to the upside, ending the succession of lower highs, while exiting the lateral floor formation.
  • The succession of major lows in the uptrend (thin blue lines)
  • The succession of major highs in the uptrend (thin green lines)
  • The end of the uptrend was detected when the last low (thick blue line) of the uptrend was broken to the downside, ending the succession of higher lows, while exiting the lateral ceiling formation.
A tool that will help you sharpen your technical eye and identify trends on the chart is the Currency Scanner. This application is very effective and will provide you with a much-needed boost in your operations to identify reliable trends. At first, we are not sure how reliable a trend is. You will receive great help to find opportunities with the Currency Scanner .

The Common Sense, The Less Common of Senses

The central idea of ​​technical analysis consists in determining the price situation of a market, that is, in which phase of the pattern of its cycle it is currently conjugated with the collective thinking of the masses and the possible traps that the market would have prepared to remove. the capital at stake by the public.
To carry out a precise technical analysis, you will use the support and resistance lines, which can be static (horizontal) or dynamic (projecting an angle with respect to the horizontal axis).
Your common sense prevails here.
If you show a 10-year-old a chart, they will be able to tell you if the price is going up or down. You will most likely have no idea how to draw the lines, but you will be able to establish the general trend. Simply using your common sense.
By introducing indicators and other gadgets , the simplicity and effectiveness of the technical analysis created by your common sense evaporates.
The following graph conceptually shows you all the possible situations in which you could draw these lines to carry out your technical analysis of the place. You can clearly observe a downtrend delimited by its dynamic trend line and an uptrend on the right side with its respective dynamic delimitation.
https://preview.redd.it/5iehg0r6guv51.png?width=500&format=png&auto=webp&s=84c265a5d35da7ea970792c4bf40fe20b33bd8bd

Forex Charts Analysis

I want to remind you that the formations or patterns that develop on the charts (triangles, wedges, pennants, boxes, etc.) only work to execute trades that have initially been confirmed by the static support and resistance lines and to read the collective thinking of the masses.
Chart formations work, but you must know the Language of Price to determine when the Specialists will exploit a chartist figure, or when they will allow it to run. In fact, you will learn with the Language that you can operate a chart figure in any direction.
Much of the "mentalization" that the masses receive is to believe that the figures are made to be respected. Which is an inefficient way of working. Simply because you could wait days or months for a perfect chart figure to occur in order to perform a reliable trade. When in fact there are dozens every day.

Japanese Candles

Of all the tools you have to carry out technical analysis, perhaps the best known and most popular is the Japanese technique of candles (candlesticks).
Candles are mainly used to identify reversal points on the chart without resorting to confirmation of horizontal trend lines and only using a previous bar or candle breaks.
Its correct use is subject to a multi-time analysis (multiple temporalities) and a general evaluation of the context proposed by the market in general at the time of each scenario.
Later I will show you all the important details to take into account so that you use Japanese candles in a simple and very effective way.
Do not forget ... Trading in your beginnings based on formations (chartism) and candlestick patterns conjugated with hundreds of tools and technical indicators, constitutes the perfect path to your failure. Before using any strategy or technique I recommend you focus on learning the Price Language, which includes 3 basic things:
  • The Price: structure and dynamics
  • Market sentiment: relative strength, external shocks, etc.
  • Psychology: flexible mindset and risk acceptance
After you acquire this solid foundation, I guarantee that you will be able to trade any trading system that exists, any strategy, technique or chart figure in a profitable and consistent manner.
Specialists make money every day at the expense of the collective behavior caused by the use of these strategies and techniques. With which you will only manage to lose your capital and your time by putting the cart in front of the horse.
People who do the opposite, at best become,
... Philosophers of Speculation, or indocile Robot Assistants or Expert Advisors.
To make money in any market condition, range or trend, you must use the technical analysis based on the Price Language and combine it with a correct psychological reading of the price. This knowledge can only be acquired through proper education and lots of supervised practice. Like any other career in life.
I hope you've found this guide helpful!
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Forex Trading Basics Reddit - Forex Glossary Terms For Beginners

Forex Trading Basics Reddit - Forex Glossary Terms For Beginners

What is Forex - Terminology

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The FOREX market is the largest financial market in the world. On a daily basis, trillions of dollars are traded in different currencies around the world.
Being FOREX the basis for international capital transactions, its liquidity and volume are much greater than any other financial market. It is estimated that the average volume traded by the world's largest stock exchange, the New York Stock Exchange (NYSE) in a full month, is equal to the volume traded daily in the Forex currency market. In addition, it is estimated that this volume will increase by 25% annually.
80% of transactions are between the US dollar (USD), the euro (EUR), the yen (JPY), the British pound (GBP), the Swiss franc (CHF), and the Australian dollars (AUD) and Canadian (CAD).

What is traded in the Forex market?

We could just say that money. Trading in FOREX simultaneously involves buying one currency (for example euros) and selling another (for example US dollars). These simultaneous purchase and sale operations are carried out through online brokers. Operations are specified in pairs; for example the euro and the dollar (EUR / USD) or the pound sterling and the Yen (GBP / JPY).
These types of transactions can be somewhat confusing at first since nothing is being purchased physically. Basically, each currency is tied to the economy of its respective country and its value is a direct reflection of people's perception of that economy. For example, if there is a perception that the economy in Japan is going to weaken, the Yen is likely to be devalued against other currencies. In other words, people are going to sell Yen and they are going to buy currencies from countries where the economy is or will be better than Japan.
In general, the exchange of one currency for another reflects the condition of the health of the economy of that country with respect to the health of the economy of other countries.
Unlike other financial markets such as the stock market, the currency market does not have a fixed location like the largest exchanges in the world. These types of markets are known as OTC (Over The Counter). Transactions take place independently around the world, mainly over the Internet, and prices can vary from place to place.
Due to its decentralized nature, the foreign exchange market is operated 24 hours a day from Monday to Friday.
>>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE

Forex Trading Basics - Basic Forex Terminology

https://preview.redd.it/657dbjqvf1x51.jpg?width=421&format=pjpg&auto=webp&s=bd99eac3d8c68916078b089fc4af5ba14db289fc
As with any new skill that is learned, it is also necessary to learn its terminology. There are certain terms that you must know before you start trading Forex. Here are the main ones.

• Major and minor currencies

The 8 most widely used currencies (USD, EUR, JPY, GBP, CHF, CAD, NZD, and AUD) are known as “ major currencies ”. All other currencies are called " minor currencies ." You don't need to worry about minor currencies, as you probably won't start trading them for now. The USD, EUR, JPY, GBP, and CHF currencies are the most popular and most liquid currencies on the market.

• Base currency

The base currency is the first currency in any currency pair. It shows how much the base currency is worth against the second currency. For example, if the USD / CHF has a rate of 1.6350, it means that 1 USD is worth 1.6350 CHF. In the forex market, the US dollar is in many cases the base currency to make quotes, the quotes are expressed in units of $ 1 on the other currency of the pair.
In some other pairs, the base currency is the British pound, the euro, the Australian dollar, or the New Zealand dollar.

• Quoted currency

The quote currency is the second currency in the currency pair. This is often referred to as a "pip-currency" and any unrealized gains or losses are expressed in this currency.

• Pip

A pip is the smallest unit of the price of any currency. Almost all currencies consist of 5 significant digits and most pairs have the decimal point immediately after the first digit. For example EUR / USD = 1.2538, in this case, a pip is the smallest change in the fourth decimal space, which is, 0.0001.
A notable exception is the USD / JPY pair where the pip equals $ 0.01.

• Purchase price (bid)

The buying price (bid) is the price at which the market is ready to buy a specific currency in the Forex market. At this price, one can sell the base currency. The purchase price is displayed on the left side.
For example, in GBP / USD = 1.88112 / 15, the selling price is 1.8812. This means that you can sell a GPB for $ 1.8812.

• Sale Price (ask)

The asking price is the price at which the market is ready to sell a specific currency pair in the Forex market. At this price, you can buy the base currency. The sale price is displayed on the right-hand side.
For example, at EUR / USD = 1.2812 / 15, the selling price here is 1.2815. This means that you can buy one euro for $ 1.2815. The selling price is also called the bid price.

• Spread

All Forex quotes include two prices, the bid (offer) and the ask (demand).
The bid is the price at which the broker is willing to buy the base currency in exchange for the quoted currency. This means that the bid is the price at which you can sell.
The ask is the price at which the broker is willing to sell the base currency in exchange for the quoted currency. This means that the ask is the price at which you will buy. The difference between the bid and the ask is popularly known as the spread and is the consideration that the online broker receives for its services.

• Transaction costs

The transaction cost, which could be said to be the same as the Spread, is calculated as: Transaction Cost = Ask - Bid. It is the number of pips that are paid when opening a position. The final amount also depends on the size of the operation.
It is important to note that depending on the broker and the volatility, the difference between the ask and the bid can increase, making it more expensive to open a trade. This generally happens when there is a lot of volatility and little liquidity, as happens during the announcement of some relevant economic data.

• Cross currency

A cross-currency is any pair where one of the currencies is the US dollar (USD). These pairs show an erratic price behavior when the operator opens two operations in US dollars. For example, opening a long trade to buy EUR / GPB is equivalent to buying EUR / USD and selling GPB / USD. Cross-currency pairs generally carry a higher transaction cost.

• Margin

When you open a new account margin with a Forex broker, you must deposit a minimum amount of money to your broker. This minimum varies depending on each broker and can be as low as € / $ 100 at higher amounts.
Each time a new trade is executed a percentage of your account margin balance will be the initial margin required for a new trade based on the underlying currency pair, current price, and the number of units (or lots) of the trade. .
For example, let's say you open a mini account which gives you a leverage of 1: 200 or a margin of 0.5%. Mini accounts work with mini lots. Suppose a mini lot equals $ 10,000. If you are about to open a mini lot, instead of having to invest $ 10,000, you will only need $ 50 ($ 10,000 x 0.5% = $ 50).

• Leverage

Leverage is the ratio of the capital used in a transaction to the required deposit. It is the ability to control large amounts of dollars with relatively less capital. Leverage varies drastically depending on the broker, it can go from 1: 2 to even 1: 2000. The most common level of leverage in Forex can currently be around 1: 200.

• Margin + leverage = dangerous combination

Trading currencies on margin allows you to increase your buying power. This means that if you have $ 5,000 in account margin that allows you a 1: 100 leverage, you can then buy $ 500,000 in foreign exchange as you only have to invest a percentage of the purchase price. Another way of saying this is that you have $ 500,000 in purchasing power.
With more purchasing power you can greatly increase your potential profits without an outlay of cash. But be careful, working with a high margin increases your profits but also your losses if the trade does not progress in your favor.
>>> Forex Signals With Unbeatable Performance: Verified Forex Results And 5° Rated On Investing.com |Free Forex Signals Trial: CLICK HERE TO JOIN FOR FREE
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How does the BitQT App work?

How does the BitQT App work?

https://preview.redd.it/81cx1yfe1pm51.jpg?width=474&format=pjpg&auto=webp&s=2ceddeda7d5dc0be5c7d4b4dfa7a715baac65b3a
In the later part of websites are the testimonials screaming out loud regarding their success.BitQT review can be quiet judgemental at this point as a result of neither these testimonials prove the legitimacy of the web site nor the live profit reviews account such
You extremely want to understand that if you opt to speculate you’ll surely not visiting recover. TheBitQT just prove this by themselves stating it not being on affiliate terms with others. Something that’s claiming that you simply’ll earn 110zero greenbacks every day is doing a true-time scam job
Perhaps, theBitQT states advertising itself on Times, CNN and Forbes however neither of them found supportive during this regard. You'll check it all by yourself. This is often the sound proof of its scamming regime throughout the globe
It doesn’t have that laser-accurate performance as in trading bitcoin you can never guarantee the minimum amount of profit you be earning the other day. Its what happens when trading with Forex

Many of the websites agree onto the proficiency ofBitQT negating the crucial and impactful proves I shared with you higher than. They are saying it’s flawless. Will something be this flawless letting you earn regarding one thousand bucks each day without charging a penny? The automated transactions are known to be deposited directly into the user’s account that is nowhere to find affiliation with. Undoubtedly, most of the revealing sites have the only supportive argument beginning with, ‘As the review suggests’. Do raise yourselves, is that this the legitimate way to prove legitimacy ofBitQT
They too argue regarding the legitimate verification method. That’s the explanation why there’s a number of complaints with reference to the current. If these products would have really worked, why not each single person select to remain off from their offices integrating with it somehow:

Merely head to the SIGN-UP section on theBitQT site, fill in your personal info, and present your registration. When acknowledged, you'll be able to be able to access our restrictive Bitcoin exchanging

To induce your exchange account in progress, you’ll have to include some assets. WithBitQT, you can create a initial investment of as low as $250, although you'll be able to contribute as a lot of as you wantoy
Since your enlistment has been acknowledged and you’ve invested some funds, you’re fully done. Simply click on ‘trade’ to receive the rewards ofBitQT’s highly rated algorithm. In case you need a hands-on approach, you can shift to manual operation by changing the settings

There’s no harm in trading in terms of cryptocurrency. We have a tendency to’re not against it. But we tend to really aim to reveal the very fact thatBitQT isn't a legitimate website to believe during this case. To actually invest in bitcoin you initially want to shop for a bitcoin wallet so as to store all bitcoins. a series of blockchain integrations which permits you to top-up and earn.

But, as stated earlier you’ve no actual guarantee concerning the number you wish to earn. Secondly, you wish to integrate your bitcoin wallet to your account and then you’ll be ready to head towards the foremost step. Here, you’ll jin a bitcoin exchange system for trading bitcoin for any different traditional currencies of the market.

It works well solely if you for legitimate sites for functioning and planning. Perhaps, it too needs a nice amount of ability and we never promise you to begin earning when you join Bitcoin Exchanger somehow. This was all aboutBitQT Review as a full fulling the aim of alerting the scam going around.


Money Forex Cluster scamThe Cash Forex Group is run by a company named CFxG which allegedly was founded by a team of experts in all kinds of areas, mainly education in the monetary trading field and network promoting.

https://preview.redd.it/0gc7ga9f1pm51.jpg?width=474&format=pjpg&auto=webp&s=5c031ac047e635c47d3ee592ab9235878613c890
These experts and their automated trading system will supposedly facilitate your to form heaps of cash. In trading solely you'll allegedly make fifteenp.c weekly on your investments. Then there are referral programs and multi-level structures that can boost your income even more. Is that t
Money FX Group scamLet’s begin this Money Forex Group review by stating the obvious, this scheme may be a total scam, you just have to look at the numbers.BitQT

When they promise you fifteen%+ weekly, it means that 60percent+ monthly, which is totally ridiculous in the important world. It means a lot of than 560zeropercent per year, therefore you'd need solely $18,00zero greenbacks to become a millionaire within year. And this is often plain impossible.

No legitimate business can create you a gradual fifteenpercent weekly, no financial markets are that predictable and that easy to trade. It may appear straightforward to you, but it really is this straightforward, a program promising fifteenp.c weekly should be a scam, there is no alternative method, the Money FX Group is a scam.

However there is additional to go through in this review.
Massive lies

Money FX Cluster testimonialThe Money Forex Cluster claims to be regulated by the subsequent institutions: FAC – Financial Conduct Authority of London, DFSA – Monetary Services Authority in Dubai, FSCA – Monetary Sector Conduct Authority of South Africa and FSA – the Monetary Services Authority of Seychelles.

But guess what, the FAC will not even exist, while the others (DFSA, FSCA and FSA) haven't issued any license whatsoever to Cash Forex Cluster. Therefore not only Money FX Group is not regulated at all, it conjointly is lying huge time regarding its regulatory status.

The fact is that it's no license whatsoever, so it cannot supply investment services legally in most countries.

This is often conjointly why they want you to deposit cryptocurrencies, they wish to remain as anonymous as potential, so that they will run away along with your cash.
Regulatory warning

Not long when we have a tendency to printed our analysis, the Financial Conduct Authority (financial regulator in Nice Britain) came up with its own warning.

The regulator said that CashFX is providing investment services without the mandatory authorization and advised the public to remain off from it. This is often a very serious argumentBiTQT.

It'd be terribly unwise to deposit money with an unregulated and basically anonymous entity, as a result of it would not be protected in any means. No matter where the cash finally ends up, this program is promising you impossible returns on investments, which in itself confirms that something is wrong.
How it works

Let’s end this Cash Forex Group review by explaining the essential principle of this investment program. It's a Ponzi theme that does no real economic activity. It just collects money from individuals and may pay out some profits, but the most recent clients’ deposits can be used for that.

This will have an inevitable outcome, the system can sooner or later crumble. It's simply a matter of your time when there can be not enough deposits to hide withdrawals and also the inevitable end can

Nobody has not been paid, that is NOBODY ….. after all you can't compound or upgrade your CFX account unless you withdraw (get paid) …. CFX are not regulated…. as a result of they use a Regulated broker (everfx) to trade…so that information is also incorrect…and judging by the actual members comments….I’d say, members are happy….. long might that continue. BUT, you must never place in more than you are prepared to lose (In SOMETHING). However do correct analysis, ask

members, don’t rely on people that play safe and stay poor. Do your own due diligence. (ps MOST sites that decision each business out as a scam…have their own links…..promoting guess what ? ….tip. SCAMS ! Beware.

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What do regulators say about BitQT ?

What do regulators say about BitQT ?

We discovered that it is so convenient to create a deposit. There are different on-line payment platforms to settle on from, for our initial live trading session, we have a tendency to created a deposit by doing an instantaneous bank transfer from our account into the BitQT account. The transaction was completed in seconds.
Live trading with BitQT

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This is often the best part; we have a tendency to started our live trading session early within the morning and ended it when six hours. During the live trading session, we have a tendency to hardly required to try to to something except activating the live trading robot with a click. After the live trading session started, we had nothing else to try and do, the trading robot took complete control, and it automatically selected and completed the best deals out there.BitQT success
What we have a tendency to suppose concerning BitQ
Here are the most points we noted while testing the essential options of BitQT
We tend to attributed the high win rate for the majority of the finished transactions to the quick trading system. It's straightforward to see why thus many investors have continued using their BitQT
We tested the online customer service, and it is glorious. The customer service is on-line twenty fouseven, and there are not any lapses in the trading system. We tend to were impressed with the courtesy and high-level priority given to our case after we sought facilitate from the customer care team
The possibilities of experiencing hacking or information breach on BitQT are terribly low. There is a secure online antivirus and malware network that keeps the user data and information regarding funding secret

We tested BitQT on smartphones and laptops to grasp if the system is responsive. We have a tendency to can confirm that each user will trade with their smartphones or laptops. This is often terribly convenient for people who would really like to monitor their trading sessions while outdoors.BitQT benefits

Here are some tips that will facilitate new investors to urge the maximum edges from trading with BitQT;

It is better to start with a little deposit;BitQTallows users to begin trading with as low as $250, that is excellent for brand new users.
Always withdraw your profit after earning. This can be a great plan for everyone.
Reinvest the capital; to continue the earning cycle, it's best to reinvest the capital.
Realize a mentor online; you'll be able to get helpful data about the crypto market by following a mentor and crypto trading skilled on social media
BitQT has been created for everybody; it's user-friendly and profitable. We encourage our audience to join us, begin making money from the crypto market each day.
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BitQT BQ could be a laptop program that trades bitcoin CFDs automatically. The program claims to rely on advanced AI technologies to conduct trading research execution with a supposed win rate of up to 99p.c. BitQT BQ appears widespread with passive on-line investors, providing it is easy to use for all and doesn’t require a lot of your time to operate
It's conjointly said to require solely a tiny minimum capital deposit ($250) and reportedly generates up to $1k in daily profits from such a little account. However is BitQT BQ legit and if so, does it earn its users the said profits
As usual, we tend to have conducted a thorough investigation to determine if this bot is legit. We have a tendency to will gift our findings in this review and offer tips to assist you get started with it
https://preview.redd.it/4my2soawhim51.png?width=1046&format=png&auto=webp&s=515978aeca1497910fb83c4168326888697ef07a
BitQT BQ App reviewWhat is BitQT App?How will BitQT App work?Getting started with BitQT BQ
STEP ONE: Register a free accountSTEP 2: Verify ID with the underlying brokerSTEP 3: Deposit at least 250 USD as trading capitalSTEP FOUR: Trade with a demo accountSTEP FIVE: Live tradingIs BitQT BQ legit? The verdict!FAQsWhat is BitQT BQ App?Is BitQT App a Ponzi scheme?How much ought to I invest with BitQT BQ?How do I withdraw the supposed profits from BitQT BQ app?

Our criteria for determining the legitimacy of BitQT BQ took under consideration multiple factors, together with transparency, reputation, safety, simple use, and client service. The findings are summarized below.

BitQT BQ creates a transparent trading ecosystem through the coveted blockchain technology. This technology makes it possible for users to watch their accounts in real-time and raises disputes through smart contracts.
The robot has an glorious reputation with a rating of on ForexPeaceArmy when nearly 6k reviews.
We can make sure that a minimum of 95% of BitQTBQ reviewers report a positive experience with this robot.
BitQT BQ additionally scores exceptionally well in customer service. Users are pleased with how fast customer care responds and the way knowledgeable they are.
We tend to have additionally conducted background checks on Bitcoin BitQT partner brokers, and they seem well regulated and reputable.
BitQT BQ ensures users data privacy by applying 128-bit key encryption on all its platforms. It additionally appears to go with information privacy measures among them the EU General Knowledge Protection Regulation (GDPR)
As mentioned above, BitQT BQ may be a robot for all. Scan our Bitcoin Robot review for the fundamentals of auto trading.
What is BitQT App?
cribes itself as a highly specialised and powerful pc algorithm that automatically conducts the trading functions of an skilled BTC CFDs trader.
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KONTOFX REVIEW

Overview:

The offshore FX and CFDs broker KONTOFX has its focus on binary trading options. It offers a number of binary assets for trading on an oversimplified trading platform. It also offers maximum leverage of a 1:200. Before considering this broker for trading please follow our scam broker KONTOFX review.

About the KONTOFX:

The broker offers binary options of more than 20 cryptocurrencies from popular Bitcoin to Ethereum and many more. The minimum investment of $250 is needed to start trading with KONTOFX. This minimum deposit is in accordance with the current market situation but several regulated brokers provide the same services at the cost of $ 5. The Estonian firm NTMT Transformatic Markets OU is the owner of KONTORFX and the operations are handled by Northside Business Centres located in Hungary. It has also another office located in Moscow, Russia that manages clients outside of the EU. To offer its services in the EU any Estonian firm required to be regulated by Finantsinspektsioon the local Financial Supervision Authority. When checked with Finantsinspektsioon there is no evidence of this broker’s registration.
The terms and conditions section of this brokers mentions that the broker is not bound to process withdrawal requests made by the traders. Meaning that the profits gained by the traders can not be withdrawn. This condition is utter nonsense as traders do trading to earn profit and use them as per their convenience.
The available spread at KONTOFX on bitcoin-us dollar pair is around $170 that is higher. On the contrary, the information on the website talks about low spreads at 0.6 pips. The offered leverage is up to the ratio of 1:200. When tried to test the provided trading platform we came across very few CFDs offered on binary options and not at all on other commodities. This means the broker is advertising itself falsely as the leader in binary and other commodities CFDs providers.
The payments are entertained only with cards and all other means of payments are unavailable. As mentioned earlier this broker does not provide world-leading MetaTrader platform. Instead offers to trade on some unproven web-based terminal. The fact of worry about this broker is, there is warning issued against it by the Financial Conduct Authority, UK.

Is KONTOFX legit or scam?

The offshore broker KONTOFX makes false claims every now and then. The terms and conditions of this broker are very strange. The broker KONTOFX is unregulated and unlicensed and has a high risk of fund loss. All in all this broker can be a potential Forex scam broker. Avoid it for the safety of your investments.
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Best leverage for $10???

I'm a newbie to forex and I have been trading with a demo account for couple weeks now using 1:25 leverage but I want to start small so when I open my live account with a $10 (Because that's the only amount I can risk rn) I will have a proper insight on my profit and losses. I'm not planning to make profit on the live account btw I just want to get the feeling of the real market and try get a steady consistent profit and if you can give me a good broker with a low minimum deposit that would be great.
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Advantages, Disadvantages and Risks of Forex Trading

Advantages, Disadvantages and Risks of Forex Trading

https://preview.redd.it/ck9blq4ft6d41.png?width=600&format=png&auto=webp&s=5353ef8f5104ee93929cc35106493fea777ede95
Features and Benefits of Investing in Forex
Forex is a market that is characterized by some specific elements:
  1. Automated trading. Many platforms allow you to automatically plan your transactions or close your positions after reaching the planned income level, or if you are no longer prepared for risks. Automation of strategies is one of the main advantages of a trader, the development of your trading strategy is best entrusted to professional programmers, for example here - https://nordman-algorithms.com/metatrader-programming/
  2. A large number and variety of market structures. Forex involves exchanges with central banks, financial institutions, transnational corporations, governments, transactional institutions, economic analysts, currency speculators and private investors (such as us).
  3. Liquidity. As we said in the previous paragraphs, the volume of daily foreign exchange transactions around the world is very significant compared to other markets that may have liquidity problems.
  4. Transactions are made at any time of the day. Foreign exchange markets are open 24 hours a day (excluding weekends), as well as during the domestic holidays of each country (foreign markets are open).
  5. Demo account for beginners. Almost all intermediaries or brokers offer a demo account where you can practice and learn exchange methods before you run into a real market.
  6. This is a very safe market. The possibility of fraud is almost impossible, and this makes it very safe, despite being accessible via the Internet. However, when registering with a broker, you need to make sure that it is regulated by someone.
  7. The market is very sensitive. In addition to the advantages that we just mentioned, the foreign exchange market is very responsive to many technical and psychological indicators. It is worth mentioning that many relevant topics affecting the currency are numerous and publicly available.
  8. Small budget. On Forex, you can trade with small budgets, starting with $ 100 or a minimum deposit capital.
  9. Bank leverage. This means that you can increase your capital simply by storing earnings in a bank account.
  10. Zero commissions. There are no commissions for transactions that will be executed on the trading platform. The only costs are compensated by the broker: this is the difference between the purchase price and the sale price of certain units.
  11. The lack of a physical center. All transactions are carried out online. This means that the value of currency pairs depends only on supply and demand, and for this reason it constantly fluctuates.
Disadvantages and risks of Forex
But not everything is as beautiful as it seems at first glance, since the Forex market is always associated with a certain risk of capital loss. If you make a wrong prediction, you will lose money. To avoid this, it is necessary to implement a strict money management strategy and trading system. Thus, the risks are not canceled, but at least controlled.
There is also another class of very dangerous risk. There are wonderful, reliable, safe, affordable low margin brokers, and there are others whose only purpose is to trick traders. But, fortunately, this type of risk is easy to control: just analyze the broker before registering with him, look at the reviews on the forums and check if the broker is a legally authorized and regulated measure of the European Union.
And, most importantly, remember, the Forex market is a very speculative market. Despite the fact that it reflects the financial competitiveness of the economy in the long run, the foreign exchange market is very speculative and volatile. This means that investors must be prepared to withstand strong levels of volatility and conflicting signals.
submitted by alex_fortran to u/alex_fortran [link] [comments]

Nothing New, Just a Forex Scam

So this is not some good juicy story, I would like to share it rather than keep it to myself. TLDR on the bottom.

I'm someone who loves to take risks. So I like to test the waters before I fully commit. So I recently found a good scammer on instagram, I shouldn't probably post their name but oh well... @providentforex ... They market well but do really really bad in actual trading.
They offer a few services that already seem odd but hey, no risk no reward? In this case no chance of reward. I joined a copier service (basically they make trades on their side and then it gets copied onto your account) and jeez.. did this thing blow up! Their minimum deposit is 500 GBP and a monthly fee of 149 GBP for the service ( I am fortunate enough to lose this money to see if it is worth it, maybe this should be in forex too?)

A bit of info for later: In trading we use risk management to protect our capital and profit made so we don't blow thousands on one bad trade or some other news event, so even during horrible trades you're still safe.

They promote they make like a crazy 5% return per day! I mean who doesn't want that?
-First week, made 26 GBP still good but not what they promise and they make up a bunch of excuses and the account equity is like 300 from 500 due to over trading and using to much margin, but like I said they just chuck a few clever words to make it seem normal.
Week 2, 78 GBP made but the overall equity is still like below 300 GBP, which means if all trades were to close at that moment the balance would be somewhere in die 200's but they still make up some savvy excuses and things move on.
Week 3, also today, the account is blown. Due to opening too many trades and too big positions, the broker, THE BROKER decided to manually close trades and 78% of the account is gone! Remember this group has like 140+ people subscribed ( not their telegram chat group : https://t.me/joinchat/Iz2SVg4-iHyVCjBAQ5YDBg ) so a lot of people lost way more than I even put in.

About the risk management, they swore high and low they applied best risk management (lie from the start) and accounts won't be blown. RIP 500GBP - 149GBP. They admins keep deleting my messages when I confront them and won't address it even when other clients are asking about it..

How to scam people 101: Good marketing, show how you make a lot of money and BOOM! They fishes are bound to come swimming and you probably reserved a spot in hell.

I know it's my own problem and I'm good with that but if I can warn unsuspecting victims then I'm good with losing that money if it means saving other people their own money.

TLDR: I take risk in fx related stuff. Found a good marketing fx scammer. Expectations did not reach reality. Lost money and admins ignore the issue otherwise they lose clients. I didn't give away some of their info above. Give you scamming blueprints and be a happy boy to warn others :D
submitted by TR0MPIE to Scams [link] [comments]

Choosing the right broker

Hello!
I am ready to dive in the world of trading and after my basic education I am starting to pappertrade. I figured out that I sould choose from now the boroker I am gonna use in the future to get used to the platform. The problem is that there are WAY to many brokers out there and its hard to choose. I need your help reddit!

What I need:
- I am mainly gonna daytrade forex, maybe some stocks and futures at the future.
- Low commisions, fees & spreads! I'm thikning of taking trades on small timeframes (5-20 mins , or a few hours). I am looking for a true ECN with comission model. I dont want conflict of interests with my broker
- A good platform. I don't like MT4. I liked cTrader.
- No requotes - No slippage - Fast executions!
- Leverage. I need at least 1:200 , so I probably need a broker in Australia (?)
- No problems with withdrawals.
- Regulation and good reputation! I don't want to loose my money!
- Low minimum deposit! I'm thinking about starting with 1000 euros, maybe 2000 max.

Brokers I have found surfing the net:
- Interactive Brokers
- Saxo bank
- IG
- Dukascopy
and the cTrader brokers:
- IC markets
- Pepperstone
- FxPro
- Roboforex

What do you guys think? Have you got any experience with those guys? What would you suggest? All comments and extra info are welcome!
submitted by geomad26 to Daytrading [link] [comments]

Round Ups and Updates: Trades, Strategies and Results.

Hi, I want to do a post to sort of round up and bring together everything I have been talking about over the last week(s). I know it may seem I have been jumping from one thing to another, but it is not dumping one idea and moving onto the next. It is plate spinning. I will do them all, just working on getting them all running concurrently.

Housekeeping

First, a bit of housekeeping. For those of you who are not here because you want to be part of a community that is actively focused on profiting from the Forex market, and talking about the real ways of doing that, based on results; the time really has come for you to leave. I am not booting you. You just will not like it here. That is what this group is going to be about. How to generate profits. There are some "Forex traders" here that seem to think that a dirty word, you will find yourself better company somewhere else. That is going to be the focus of this sub.

Secondly, for those of you who seem to be here to tell me my strategies do not work ... I was not asking! Especially if you openly admit you have not tried them. I am sure standing 1,000 miles away from a chart and calling it "tea leafs" this stuff will not work well at all. I have not tried that, personally, but it does seem it would be unprofitable. So I get it does not work, for you. I asses if it works for me by if it makes money or not. If the market starts to tell me it does not work, then I will adjust it. You're like people living in a desert telling an Eskimo there is no usefulness in ice. You have not done the work, and refuse to suspend prejudice to asses results ... of course it does "not work".

I am only showing people what I do. Via ForexCopy, you can copy my trades if you want. If you ask me questions about what I do, I will gladly help you understand it. However, this is entirely contingent upon you having tried it out yourself (and me being able to tell that from you asking targeted questions). I can only show you what I do. Until you do it, you can not know it like I do. When you are doing it, I will then help you.

Trading

Okay, onto more useful and practical things. Let's talk trading.

Last week went well. I will do another post rounding up the analysis posts and all that stuff.

We sorted out issues we had in week one on live copier testing. From the open of the week to the close the account went from around $50 to about $72.

https://preview.redd.it/da3vugz7qcb21.png?width=876&format=png&auto=webp&s=aa73f605b98293fd4e12139b50867fc1767838f7
These stats are fuzzed a bit, since it is starting from a DD point (from last week). The actual gain here was closer to 40% or so. The actual draw-down probably more like 7%.


https://preview.redd.it/5vxt50ufqcb21.png?width=852&format=png&auto=webp&s=a2135aa0cf72c6d9792d8a1dbf34d8b6fbf93b09

You can see the trades here. Loses tended to come in couples adding up to about 5%. There was not a strong of losses incurring 16% draw-down.


$2 Flip Challenge.
See first
https://www.reddit.com/Forexnoobs/comments/agsnmm/40_1000_flip_challenge_update/

This is on! I busted a few times. First about $2 deposit. Then $1 twice. Then starting from $2 again I got up to $5, and closed the week at $5. $5 give me several chances to catch a decent trade next week. Depending on market conditions, I may look to scalp small profits to bankroll if it is ranging and not flowing much. However, if it is trending, I will look ofr ways to position and then use equity profits to build a larger position (at the same starting risk) and look to flip $1 risk into $10 to $20 +. From there, things will be much easier. I can then just link this with one of the copier strategies and see how much it can be compounded. If we reach $5,000, I will bank $4,000, and then we can look at doing something far more ambitious.

I've re-pinned the Myfxbook to start on Friday (since this is the first day getting above minimum viable margin)
http://www.myfxbook.com/members/inweedwetrust/40-1000/2893650
(Myfxbook on it is strange at the moment, showing it floating down in equity, but it is not. All trades are closed. I am sure this will fix itself within a few pings in the starting week).


Copy Trading

Copy trading is ready for a soft launch. Things are running well on current copying accounts and we can add some more.
The first one will be a simple strategy, the main aim of this is for it to be broker flexible. So it can be used by a variety of people. Also to be non tome consuming, and not requiring VPS to run.

As well as having the option to copy this strategy, you can also use it just as a signals service. Checking if there are orders placed and then placing the same ones manually, if you want. Please understand any trades taken under any form are entirely your decision to make. I accept no liability for loss.

You can read about this strategy in full here https://www.reddit.com/ForexCopy/comments/agrttm/simple_trend_signals_strategy/

For this week, we will stick with just this one. This is easy, and low maintenance and it will give us another week of making sure everything works well in the more complex strategies.

If you are copying/using signals from this strategy, it would be very helpful for me if you can set up a Myfxbook for tracking the results. Please let me know if you do that. Send me a message (message, rather than chat. I tend to miss a lot of chats). Or post the link here.

Through the next week (maybe even all over the weekend), I will publish the other strategy plans. We will not be using them this week, it is just prep for what we will be using going forward presuming week 3 of live testing goes well.


Asset Management Competition

See first
https://www.reddit.com/Forexnoobs/comments/aezw0t/asset_management_competition/

I will start tracking an account for this starting on Monday. No-one else has said they want to take part in this, which is sad. However, I will still do it and provide the benchmark strategy. If others do start to get involved and they are showing reasonable results, I will start to look for someone to sponsor it. Should be able to get those who do well over a year or so at least $50,000 or so in investment for them to test out their wings in real asset management.




submitted by inweedwetrust to Forexnoobs [link] [comments]

GWFX Global Forex Trader

Hi,
I found this forex company with a really cool mobile app platform and im keen on making deposits but i see numerous indicators telling me its a scam. So the app has 100k + downloads on android with 3000 5 star reviews, this is the only positive thing to it though. I must add that you get a $20 referral bonus if someone sends you the link but upon further investigation they located in grenadine which is a high forex trader scam location. The license numbers they provide isnt picking up and the one i did find turns out to have gotten rejected by the FCA which is the UK financial regulator. Im an experienced trader and ive never come accross that works this well with my strategy on a mobile app. Im keen on getting feedback for all of you who is/have used there platform before because i dont want to deposit and lose my money. The minimum deposit is $50 and granted that this is a low amount of money, it would still hurt if i lost it knowing that I was aware that they are running an unregulated brokerage firm. I monitored GBP/USD of GWFX and GT247 which is definitely a legit broker in South Africa because they a subsidiary of a well known publicly listed company. Please, can someone put my mind at ease so I let it go. I accumulated $23000 dollars with my free $20 bonus so if it is legit im pretty sure i should be able to cash out majority of it
submitted by RhidaaOmar to Forexhash [link] [comments]

Introduction to investing as a U.S. citizen residing in Japan

[meta: I ask for help in making sure this information is accurate and correct. Please contribute as you see fit!]
WARNING!! I am not a lawyer, accountant, or broker, nor do I have any experience or training in any of those fields. ALWAYS confirm with a professional before taking any advice you read on the internet.
Foreward
If you're old enough to pay taxes, you should start investing. The earlier, the better.
Here’s another example to illustrate the enormous benefit of getting an early start. At age 25, Eric Early invests $4,000 per year in a Roth IRA for 10 years and stops investing. His total investment is $40,000. Larry Lately makes yearly deposits of $4,000 in his Roth IRA starting at age 35 for 30 years. His total investment is $120,000. Assuming both portfolios earn an 8 percent average annual return, at age 65, Eric’s IRA will be worth $629,741, but Larry’s IRA will be worth only $489,383. By starting 10 years earlier and making one third of the investment, Eric ends up with 29 percent more.
- quote from "The Boglehead's Guide to Investing"
Target audience
This is an introduction for U.S. citizens with residency in Japan who want to do long-term investing in U.S. equity (stocks, bonds, etc.).
Disclaimer
This advice may not be accurate for citizens of countries other than the U.S. or for those U.S. citizens living in Japan who work for the military or are only temporarily living and working in Japan as affiliated with a U.S. company. This is also not advice for ForEx or day traders looking to make money. Nor is it advice for what to invest in. This is also not advice for investing in the Japanese stock market.
This is just one way to invest in U.S. equity from Japan. There are other ways.
Assumptions
  • You're a U.S. citizen
  • Your income is in JPY
  • You want to invest in U.S. equity (stock market, bond market, etc)
  • You have basic knowledge about taxes and tax-related terms
  • You have at least $10,000 USD to invest (or $3,000 USD if age 25 or younger)
Background
I am an ordinary guy living in Japan. I have disposable income and, rather than pour all of it into my local izakaya and Philipino hookers (who hang out in front of Mister Donut at night and ask if I "want the massage?" (just kidding, really!)), I wanted to invest in my future by saving for retirement. I'm an early 30's-year-old guy and spent about a month reading up on investing and then set off trying to invest as a resident of Japan.
My Story
I moved to Japan 3 years ago after working in the U.S. I have an IRA leftover from my time in the U.S., but never contributed to it since moving to Japan (thankfully - find out why in a bit). I recently saw a post from /personalfinance (seriously, go read information in that sub if you want to have more money upon retirement or just get out of debt!) and decided to read the book "The Boglehead's Guide to Investing" based on recommendations there. After that, I started looking into my options for investing from Japan.
Before I left the U.S. for Japan, I rolled over my 401k into an IRA using Vanguard (arguably the best broker available for U.S. citizens). Since moving to Japan, I had not contributed anything to my IRA. So, the first thing I wanted to do was start contributing to my IRA again, and use any remainder to invest in U.S. equity. Turns out this is not as easy as it sounds.
I found out that in order to legally contribute to my IRA, I had to pay U.S. taxes on my income used to contribute to it. Well, if you're like me and don't make an awful lot of money, you're probably filing with Foreign Tax Credit/IRS Foreign Earned Income Exclusion. This stuff basically let's you deduct all your taxes in Japan, as it on Japanese income and you already paid glorious Nippon taxes on that income. For me, this basically meant that I owed the IRS absolutely nothing every year. Great! Right? Buuuuut since I didn't pay any U.S. tax on my income, I cannot use it to contribute to my IRA! Dammit! (But actually a blessing in disguise because if I had been contributing to my IRA, I would have been breaking U.S. tax law because I didn't pay taxes on it.)
So, I started looking into other ways to invest: the U.S. stock market, bonds, etc. After reading The Boglehead's Guide, I knew I wanted to invest in Vanguard's mutual index funds. My first instinct was to open a brokerage account (which is different from your IRA account) with Vanguard. I started filling out the online form, but ran into issues. You have to specify a U.S. address. Also, you have to specify your U.S. employer. I had neither of these, so I called Vanguard (from Japan at a ridiculous call charge) and spoke with someone about doing this. They gave me the OK but said I'd have to submit a paper form through snail mail, and sent me a PDF to fill out and mail in. I mailed it (from Japan using EMS which was like $20..), and got a call about a week later. Surprise! Because I'm not working in Japan temporarily for a U.S. company or living on a U.S. military base (considered U.S. soil, I assume?), I actually can't open a brokerage account with them. Dammit again! What a waste of money calling them and mailing the form overseas.
So, I started looking into other options. I read about a few other brokers and most people agreed that I should either use Fidelity or Interactive Brokers. I had never heard of Interactive Brokers and honestly they seemed scary at first, so I decided to go with Fidelity, who I had actually heard of and is a U.S. based firm. I created an account with Fidelity, but once again ran into roadblocks when trying to open a stock trading account. I didn't have a U.S. address or employer, and actually wasn't able to link my U.S. bank account with them either (for reasons unknown). Dammit once again!
So, I started reading more about Interactive Brokers. Okay, it's still a little scary, but there are positive reports about using them online. I signed up for an account with minimal hassle, linked up my bank account, was able to transfer money over to them, and then successfully bought U.S. shares! Sweet success! Finally!

How to Invest

Part I: Contributing to your IRA
If you do not have an IRA, you probably should, as they are your basic investment option and tax-friendly to boot. However, good luck setting one up as a resident in Japan! Vanguard will happily babysit an IRA you opened prior to leaving the U.S., but they will not let you open a new one with a foreign address. I don't know about other brokers such as Fidelity or Schwabb, but it's probably the same story there.
If you are like me and happen to have an IRA leftover in the U.S., you CAN contribute to it, but in order to do so you must not deduct your Japanese tax on your IRS 1040 or file Form 1116, "Foreign Tax Credit". In other words, you must pay U.S. taxes on any income used to contribute to the IRA.
Refer to your broker for how to actually get the money to them from Japan.
Part II: Investing in U.S. Equity from Japan
Using Interactive Brokers
First, let me tell you a little bit about Interactive Brokers (IB). They are a service mostly used by regulaprofessional traders. The fees are very low and reasonable. However, they have a service charge of $10/month if your commission is equal to or less than $10 USD in that month. This is probably not a problem for people over 25 years old investing with $10,000+ USD, but for people 25 and under with an initial investment of $3000, it's possible you might not make the minimum commission per month. Beware of this fee.
IB lets you fund the account from many different currencies, regardless of what market you are buying (this needs confirmation, but seems to be accurate). So, whether you have a U.S. bank account or a Japanese bank account, you can fund the IB account. You can even fund from both.
IB does not let you invest in U.S. mutual funds. This sounds like a deal-breaker, but it's actually not. You can still invest in U.S. ETFs. This includes Vanguard's total stock market index ETF, total bond market index ETF, etc.
IB has an iPhone app that is pretty good and probably an Android app too. Although, as someone doing long-term investing for retirement, you probably don't need this and don't want to be checking your account too much (refer to /personalfinance as to why).
IB has multiple account types. You will probably see IBLLC and IBSJ. The differences are two-fold: First: an IBSJ is only used to trade Japan domestic equity. You don't want this because you want to trade U.S. equity. Instead, IBLLC is used to trade overseas (U.S. equity). Second: as of 2016, IBJS requires your My Number information, but IBLLC does not. Again, you don't want IBJS, so don't worry about the My Number information.
Open a "Japan Resident Individual Account for IBLLC" account online. This is a lengthy process. Make sure you have the required information.
  • You will need to send info about your current address in Japan, your 在留カード (zairyuu/"gaijin" card), job information, bank account information, and so on. I got confused and sent my My Number card information as well, but this only caused a hiccup in their process and I was told to remove it. Don't submit your My Number information.
  • You need to choose your base currency. Your base currency determines what currency you trade in and receive dividends/money from selling in. I think you need to specify USD here, but not sure. I chose USD because U.S. stocks are in USD and I used my U.S. bank account to intially fund my account. It may not matter, but this needs confirmation.
  • You need to specify that you have trading experience. I forget the actual numbers you need to put into the form, but make sure you put enough experience that allows you to trade ETFs overseas. You can fiddle with the numbers right there in the form, and options open up as you change the numbers. Play with it until it's just right. This part is hazy, and just seems to be some safeguards for IB so that new investors can't sue/blame IB for their own trading stupidity when they lose all their money. If you really don't have any experience trading, IB offers virtual "fake" accounts you can use to play around with trading. I suggest you try it.
After about a week you should have your new account. The next step is funding it, or you may have selected to fund it up front when you created the account so it may already be done. Anyway, the easiest way is to have IB request the wire transfer from your bank. I did this. It was really annoying, but it took about another week or so to go through. Beware that you probably can't start buying right away and need to wait for the transfer to clear.
Congratulations! You're ready to start buying now. Refer to /personalfinance in what to invest in. Remember that you are limited to buying ETFs and a few other things, and not mutual funds (but you can get their ETF equivalents).
Using
TBD... (anyone want to fill this out?)
Part III: Taxes
You need to declare and pay taxes on your dividends and any capital gains you make. Beware.
TBD... (this is arguably the most important part, but I just don't have time to go into it now. Someone feel free to help!)
TL;DR: Open an account with Interactive Brokers online and buy ETFs.
submitted by crab_balls to japanlife [link] [comments]

Low trading

Normally, you can search for more information about the forex brokers on the Internet. By this way, you will reach the reviews from all traders about both good and bad brokers in the market. After that, you can choose and list out the most reliable, best forex brokers for your own. 3 brokers should be good and minimum. Then you start to evaluate and compare them with brokers in the market based on the common standards. However, it is recommended to start with small deposit and low trading lots. It is not necessary to hurry at the beginning.
#brokersguru #FanaraFilippo #best_forex_brokers
submitted by bestforexbrokersguru to u/bestforexbrokersguru [link] [comments]

ChaoEX : new technological platform.

Hi everyone, I want to tell a project that directs the future. now people will be able to trade more easily. This project is very simple and convenient. Also the innovations it offers are remarkable.

ChaoEX is a Hong Kong based exchange with a focus on Southeast AsianMarkets. It offers It offers low-cost trading in wide range of digital currencies.
Like most similar venues, ChaoEX does not offer leveraged trading and has not disclosed whether there is any minimum investment required. It offers a single trading account type with three Know Your Customer (KYC) levels:
KYC 1 - Only deposit and trade allowed;
KYC 2 - withdrawals up to 5 BTC per day;
KYC 3 - withdrawals up to 50 BTC per day.
Deposit & Withdrawal fees
Although transfer fees at ChaoEX are not as high as on other exchanges that also accept fiat currencies, these charges are not to be underestimated. Unlike most similar venues, which do not charge deposits in digital assets, ChaoEX applies fees to some cryptocurrencies:

Operating solely on a coin-to-coin model, ChaoEX is probably not for everyone. Newbies, for example, who don’t have any coins yet, cannot buy some with traditional currencies on this exchange. Nonetheless, ChaoEX offers a solid amount of digital assets for trade on its advanced trading platform with really competitive fees.
It is probably among the exchanges which benefited from China’s ICO ban, which compelled a lot of Chinese investors to turn to Hong-Kong venues like Bitfinex, TideBit, KuCoin and others. Hong Kong, on the other hand, does not have specific legislation on Bitcoin and crypto-exchanges, but crimes involving them, such as fraud and money laundering are persecuted under the existing laws.
Like most similar platforms, ChaoEX is not regulated, but what bothers us more istheir poor corporate presentation. If you prefer to trade in digital coins via a regulated company, we remind you that you can do that with forex brokers, many of which are properly licensed in the countries where they operate.

Useful Official Links of CHAOEX exchange platform:
Website = http://www.chaoex.com/
Ann Thread = https://bitcointalk.org/index.php?topic=5068406.msg47857560#msg47857560
Twitter = https://twitter.com/ChaoExHK
Facebook: https://www.facebook.com/ChaoExHK
Author:
Bitcointalk Username: freim
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1958200
submitted by freimiller to ico [link] [comments]

Can't seem to find a good Forex broker

Hey folks.
I'm rather new to Forex and I've been looking for a broker but I can't seem to find one that both works and has a somewhat simple user interface (on mobile)
I originally was going to try Oanda after really liking their mobile application, but I found out that even though I'm a Canadian, because I am currently living in South Korea I am unable to use their service.
I was looking at finpro trading, hotforex, and simplefx but I can't seem to find many reviews on any of them.
I am mostly looking for one with a low minimum deposit and also one with a good (and simple) mobile app, since I'll be doing most of my trading that way (I am often travelling for 2-3 hours a day).
Does anyone have a broker they recommend that works for both Korea and Canada?
submitted by masterbreti to Forex [link] [comments]

Some advises for Beginner Traders (if any here)

Hi there everyone. I hope you all are doing well. I am writing this post to contribute something to the community. Sorry for any grammatical mistakes if any because I am not a native speaker of English.
So, friends I want to give you my thoughts about Forex Trading mistakes that beginners do.
First of all there are a majority of people who start trading by just looking at its benefits and rewards. Some people start trading because its done from home, one don't need to go out of their home/apartment for a work/job. Secondly people think that its an easy thing e-g Buy low sell high vise versa. Today I am writing this post to clear some of the misconceptions about Forex Trading that a lot of people are thinking about it.
Forex Trading is not that much easy, Yes up to some extent it is but it requires a lot of patience and a mind that can handle greed, as we all know greed is there in the genes of humans (I am keeping in mind the majority) , So these two factors give a lot of hard time to the beginner traders and its true.
The beginner trader start trading by looking at its advantages, deposit money in account of some broker's website. Now the trader thinks that I am good on demo so I will be good on real as well. But there comes the tricky part and that is fear. The trader looks for opportunity and he/she if find one go a head an execute a trade. If the trade goes in his/her favor and gives profit he close the trade. Its a big problem/mistake because at this stage the trader must wait for his setup. If his stop loss is 20 pips and take profit is 100 pips and he close the trade in just 30 pips profit I don't call it a win, because the same trader if execute a trade and it goes against him, he will drag his stop loss even more than he set at the execution stage. So, this is the big mistake made by a trader. If a trader has this kind of attitude towards trading then he/she should stop trading immediately to be safe from suffering big losses. Another thing that I have observed is that some traders win trades in a row and lost all the money in just one trade and that is another mistake which I think should not have been done by the trader.
The other mistake done by the trader is that he handle his/her account to someone else which we call (account managing) that is another bad habit in my opinion because The account manager will suffer from no losses and will get the profits. The losses will be all yours and the profits will be 50/50 that's against the rules and If you want to be profitable, you should avoid this thing. One other thing is that traders follow others on some social trading platforms. That's not good too!
There are a lot of other mistakes done by the traders I will explain them in another post or may be I make a video about it and share its link here. But for now friends that's all of it in my mind. Try to trade forex like a real trader and avoid any mistakes. Don't listen to others in Forex world, watch others strategies, understand it give it a try on demo for at least 2 months and if you are satisfied with it go a head and give it a try with minimum capital as you can and It will surely help you. My good wishes and hopes with you.
Thanks for reading the post and sorry for bad English I am not that good to explain things well in English. Love you all Sincerely Aftab Ahmad Khan a.k.a Wokhram
submitted by wokhram to Forex [link] [comments]

Personal Finance for Newcomers

We, a family of 3 with a small daughter, are landing in Canada as immigrant newcomers next month, bringing about 25K CAD with us. We also have about 60K CAD as assets in homeland that we are not immediately bringing with us. After some research, here is what we planned to do. I need suggestions from the generous redditors of this forum, if our plans are okay and if we are missing something.
Bank accounts
I'm appalled by the low interest rates for savings accounts and the tax on interest income. So we'll right away open two TFSAs along with our checking accounts, for me and my spouse and deposit 5K each. The idea is to invest these in ETFs or Stocks. I've shortlisted to open 1 account each in both Questrade and Virtual Traders.
Question: If we need 1 USD and 1 CAD TFSA, which amongst Questrade and VT would have what? Questrade allows journaling Norberts Gambit, so do we need both CAD and USD in the same broker to do a Norberts? We are planning to invest only in non-dividend paying USD stocks and ETFs in the USD TFSA.
For the regular checking accounts, we'll probably go with TD or Tangerine. TD Newcomer packages provides 6 months of no fee and also a credit card, and a USD account, so looks attractive. After 4-5 months, we can of course open a Tangerine too. BTW, does anyone know which bank offers nice benefits for newcomers? Also, which credit card is good for mainly grocery purchases and eating out? How many days does it take to get a credit card, once I have a SIN? We plan to have one checking account and two credit cards, is it possible?
RESP
It is possible for us to open a RESP immediately right? We'll be in SK, so I guess there is also a SK education grant. The plan is to open a RESP and deposit 2.5K immediately. Question - which SK institution offers online RESP contribution with no fee?
So that leaves us with 12.5K in Cash, of which 6K will go to the TD account towards checking minimum balance (5k) and the rest 6.5k is for taking a rental house and other expenses. I'm also bringing a forex card loaded with 1k which would also be used, but since it won't help us build a credit limit, we don't want to load more into it.
We want to buy a used car, say a month later, costing about 3K. Will I be able to use my credit card for that, considering we just got it a month ago? A secured one will help? If we can't use CC, then I've to bring more cash from home.
USD vs CAD
Do we need to bring a part of this 25K CAD in USD, say 5K USD to go into the USD TFSA? Or can we just bring CAD and avoid fx conversion charges/commissions doing Norberts Gambit after a TFSA CAD is opened in Questrade? We are a bit confused. To make matters worse, CAD is appreciating against greenback and I guess any USD holdings will lose some money in the near future?
Homeland Assets
I read that we've to maintain a record of fair market values of homeland properties and assets on the landing date, and this would be the adjusted cost base to calculates gains, on future sales. So, we will have this record.
Finally, as far personal finances are concerned, are we really missing something in this big move of ours? :-)
submitted by aspironet1 to PersonalFinanceCanada [link] [comments]

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submitted by lookiyu to choooses [link] [comments]

Getting Started

Hey guys! I found a super cool list of everything a new forex trader would need to get started! Originally made by to nate1357. Link to original thread http://redd.it/328cjr
Free Resources
Education:
www.babypips.com/school
www.informedtrades.com/f7
www.forex4noobs.com/forex-education
www.en.tradimo.com/learn/forex-trading
www.youtube.com/useTheTradeitsimple
www.traderscalm.com
www.orderflowtrading.com/LearnOrderFlow.aspx
www.profitube.com
Calendars:
www.forexfactory.com/calendar.php
www.dailyfx.com/calendar
www.fxstreet.com/economic-calendar
www.forexlive.com/EconomicCalendar
www.myfxbook.com/forex-economic-calendar
www.investing.com/economic-calendar
Free News Websites:
www.forexlive.com - Daily live news, analysis and resources
www.financemagnates.com - FX industry news and updates
www.fxstreet.com - Daily news, analysis and resources
www.forextell.com
www.forexcup.com/news
www.bloomberg.com/markets
Forums:
www.reddit.com/forex
www.forums.babypips.com/
www.forexfactory.com/forum.php
www.elitetrader.com/et/index.php
www.forex-tsd.com/
www.fxgears.com/forum/index.php
www.trade2win.com/boards
Margin / pip / position size calculators
www.myfxbook.com/forex-calculators
Brokerages:
There are many factors to consider when choosing a brokerage. Regulations typically force US traders to only trade at US brokerages, while international traders have more choice. After considering location you need to consider how much capital you will start trading with as many have minimum deposit levels. Once you’ve narrowed that down you can compared spreads and execution. ECN brokers execute your orders straight through to their liquidity providers, while market maker brokers may pair up your trades with other clients. Market maker brokers typically will partially hedge your positions on the interbank market. Many consider this to be a conflict of interest and prefer to trade at an ECN broker who would have an active motive to see you succeed. Lastly, brokers run inherently risky business models so it is important to consider the risk of bankruptcy.
www.forexpeacearmy.com - Aggregates broker reviews. Be warned though that people only seem to make bad reviews.
www.myfxbook.com/forex-broker-spreads - Live comparison of executable spreads
United States & International-
-Interactive Brokers
International Only-
-LMAX (whitelabel DarwinEx)
*DMA broker based in the UK. Note that as a DMA broker LMAX eliminates the ability for LPs to last-look transactions. This may result in reduced liquidity during volatile times as liquidity providers would be likely not to risk posting liquidity to LMAX's pool. *Tight spreads *Minimum deposit $10,000 *Fairly well diversified
-Dukascopy
*ECN based in Switzerland, but available elsewhere depending on local regulations.
*Tight spreads *Minimum deposit $100 *Fairly well diversified
-IC Markets *ECN based in Australia *Fair spreads on standard account, tight spreads on professional accounts. *Minimum deposit $200 *Fairly well diversified
-Pepperstone
*ECN broker based in Australia. *Fair spreads on standard account, tight spreads on professional accounts. *Minimum deposit $200 *Not well diversified
Software / Apps:
Desktop/mobile
Terminology/Acronyms:
www.forexlive.com/ForexJargon - Common terms and acronyms
FAQ:
I need to exchange money, how do I do it?
This isn’t what this sub is for. Your best bet is using your bank or an online exchange service. Be prepared to pay a hefty fee.
I have money in one currency and need to exchange it into another sometime in the future, should I wait?
Don’t ask us this. We speculate intraday in FX and shouldn’t be relied on to tell you what’s best for you. Exchange the money when you need it.
I have an FX account, should I start trading demo or live?
This is highly debatable. You should definitely demo trade until you have mastered how to use the trading platform on desktop and mobile. After that it’s up to you. Many think that the psychology of trading live vs demo trading is massively different. So it may pay to learn to trade live. Just be warned that most FX traders lose almost their entire first account so start with a low affordable balance.
What’s money management?
Money management is a form of risk management and is arguably the most important aspect of your trading when it comes to long term survival. You should always enter trades with a stop loss - the distance of the stop allows you to calculate how large of a percent of your account balance will be lost if your trade stops out. You can run a monte carlo simulation to figure out the risk of having a number of trades go against you in a row to drain your account. The general rule is that you should only risk losing 1-4% of your account per trade entered.
More on this here: www.investopedia.com/articles/forex/06/fxmoneymgmt.asp[35]
www.swing-trade-stocks.com/money-management.html[36]
What about automated trading?
Retail FX traders have been known to program “Expert Advisors” (EAs) to automate trading. It’s generally advisable to stay away from that until you’re very experienced. Never buy an EA from a developer because the vast majority of them are scams.
What indicators are best?
That’s up to you to test and find out. Many in this forum dislike oscillating indicators since they fail to capture the essence of what moves price. With experience you will discover what works best for you. In my experience indicators that are most popular with professional traders are those that provide trading “levels” such as pivot points, fibonacci, moving averages, trendlines, etc.
What timeframe should I trade?
Price action can vary in different timeframes. In longer term timeframes the price action and fundamentals are much more clear. Unfortunately it would take a very long time to figure out whether or not what you’re doing is successful on longer timeframes. In shorter timeframes you can often tell very quickly if what you’re doing is profitable. Unfortunately there’s a lot more “noise” on these levels which can prove deceptive for those trying to learn. Therefore the best bet is to use a multi-timeframe analysis, working from top-down to come up with trades.
Should I trade using fundamental analysis (FA) of technical analysis (TA)?
This is a long standing argument in these forums and elsewhere. I’ll settle it here - you should have an understanding of both. Yes there are traders who blindly ignore one of the other but a truly well rounded trader should understand and implement both into the analysis. The market is driven in the longer term through FA. But TA is necessary to give traders a place to enter and exit trades from a psychological risk/reward standpoint.
I’ve heard trading Binary Options is an easy way to make money?
The general advice is to stay away from binaries. The structure of binary options is so that when you lose the broker wins. This incentive has created a very scammy industry where there are few legitimate binary options brokers. In addition in order to be profitable in binaries you have to win 55-65% of the time. That’s a much higher premium over spot FX.
Am I actually exchanging currencies?
Yes and no. Your broker handles spot FX is currency pairs. Although they make an exchange at the settlement date they treat your position in your account as a virtual currency pair. Think of it like a contract where you can only buy or sell it as a pair. In this sense you are always long one currency while short another. You are merely speculating that one currency will appreciate or depreciate vs another.
Why didn't my order fill?
Even if price appears to cross over a line on your chart it does not guarantee a fill. Different charting platforms chart different prices - some chart the bid price, some the ask price and some the midpoint price. To fill a limit order price needs to cross your limit's price plus the spread at the time that it is crossing. If it does not equal or exceed the spread then it will not fill. Be wary that in general spreads are not fixed. So what may fill at one time may not at another.
submitted by ClassicalAnt6 to TeamOceanSky [link] [comments]

Fast Cash Biz Review So Is Fast Cash Biz SCAM Or LEGIT? The Truth About FastCash.Biz System By Madison Clark & David Graham Reviews-Best Binary Option Trading Software?

Fast Cash Biz Review So Is Fast Cash Biz SCAM Or LEGIT? The Truth About FastCash.Biz System By Madison Clark & David Graham Reviews-Best Binary Option Trading Software? Fast Cash Biz Review – Does Madison Clark & David Graham’s Fast Cash Biz REALLY WORK? Check my unbiased review. What Is Fast Cash Biz Software? Find the review below..
Product Name: Fast Cash Biz
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Fast Cash Biz Review
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What is Binary Options?
Binary option is a trade system of stock or currency based on trend. Not always when the trend downward have to buy and selling when the trend upward because this trade is full of risk, big win, lost or even run out. However, taking decision must be based on correct analytic and fast then action quickly.
What Is Fast Cash Biz Software?
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Fast Cash Biz isn’t a magic application that promises to give immediate wealth with the touch of a button, this app was designed so you, can capture real-time data within the currency pair market, to assist you make smarter trading decisions.
Fast Cash Biz searches for major up and down movements, after which warns you as to when this happens allowing you to then put a trade. Fast Cash Biz works on Binary Options platforms, which lets you use it to put trades which expire in One minute to 1 hour. And thus you could realize your returns much faster compared to regular fix trading.
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Trade on Multiple Platforms at Once
Get Free Financial Data Feeds that can typically cost $540+ per month
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Fast Cash Biz is user friendly, and anybody with a web browser is able to use the application soon after purchase and begin trading. They now provide 1-2-1 telephone help to get you started, and they also provide high quality online seminars frequently so that you can see the software program live in action.
Fast Cash Biz lets you personalize the pip setting and time-frame in which it alerts you to a specific pip movement. This means that there are loads of combinations, and nearly endless possibilities to be profitable with the software.
The Fast Cash Biz software works together with various binary options platforms. Installing it on your computer will allow you to:
Trade on multiple trading platforms at the same time. Have access to free data feed Customize various alert parameters Get trade alerts instantly Win more often compared with using other software Win more than 90% of the time
Of course, this Fast Cash Biz review is not complete without saying that the financial data feeds that you will have access to are advanced and are in fact worth more than $600 per month. This means that what you are getting is valuable information that will surely help you make the best trading decisions in your account.
Pros:
One of the best things about Fast Cash Biz is that it allows a user to learn about the basics of trading, especially if you are new to it. You will find out the best ways to go about the trading procedure, allowing you to make huge profits even at the comfort of your own home.
Since this is the , it is fully upgraded with improved trading algorithms. As a result, the trading process is much more convenient, letting you get the best of what the software has to offer. If you have any queries, you need not worry because they have customer support through phone and live chat.
The initial Fast Cash Biz software can only be used on Windows, but the version can now be used on other operating systems such as Mac, Linux, and even on your tablets and smart phones. Now, you don’t have to confine yourself in front of your computer to make the perfect trade –– you can now make a significant amount of profit even with your tablet or phone anytime you wish.
You won’t need to make any complicated analyses of the market when you have Fast Cash Biz . You just have to follow the instructions provided, apply what you have learned, and place your trades. Because Fast Cash Biz is pretty straightforward, you will gradually gain the confidence that you’ll need in order to maximize trades in the binary options market.
Online safety is not a problem with Fast Cash Biz because their secure online payment form is powered and tested by the latest programs such as Norton Secured and McAfee Secure.
Cons:
Since the trading market is always volatile and changing, you need to be quick while taking any financial decisions. At times, you may experience some delays in live feeds on your screen. However, if you have a high speed Internet connection, you won’t experience any problems. It is still important to understand that there’s no guarantee to earn or lose money because of the volatile nature of the trading market.
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Is The Fast Cash Biz a Scam?
After testing the Fast Cash Biz for months I can personally testify that the Fast Cash Biz is probably the best solution out there. It’s far from a scam and it’s priced fairly and suitable for all budgets. If you are interested in currency options, the Fast Cash Biz is a great choice as it focuses on 15 currency pairs that you will find available on all broker platforms. Remember that not all brokers offer all the bot’s currency pairs; therefore it’s recommended to register with one of the recommended Fast Cash Biz brokers directly from the software. If you tried other services or imitations, you need to get with a serious service so make sure to visit the real Fast Cash Biz! Remember that the Live Support is there to answer your questions so take advantage of their awesome service!
Fast Cash Biz Scam
Many customers who have tried using the Fast Cash Biz have reported 85% to 92% success rate. As it has been developed to help people trade regardless of knowledge and experience, eventually, users will learn how to accurately predict trends in the market within a specific time period, giving them a higher chance of making profits. In addition, the user-friendly interface has made it trusted software among many aspiring traders. If you wish to earn huge amounts of money from your own home, Fast Cash Biz is your best shot at it.
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Best Forex brokers with No Deposit Bonus in 2020 (Real ... YouTube Top 10 Forex Brokers With Minimum Deposits And Withdrawals ... The 6-Minute Rule for Best Forex Brokers with Low Minimum ... Trading Platforms with Low Minimum Deposit - YouTube Best forex broker with small minimum deposit 2020 - YouTube

Forex Minimum deposit. Find below a list of Forex brokers according to the minimum deposit for opening a Forex trading account with low deposit. Risk Warning: Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand ... One of the criteria before opening an account on a forex broker is the minimum deposit amount. There are hundreds of brokers with low minimum deposit and every investor is trying to choose the best forex broker. The average minimum deposit amount is $100 in the Forex brokerage industry. Below you will find forex broker with low minimum deposit ... With a low minimum deposit, you don’t need to scout out for a highly regulated broker with the authorization of several financial bodies in different parts of the world. On the other hand, choosing a broker with no regulation is not a wise decision either because they have no obligatory conditions that watch their probable wrongdoings and make them accountable if they do something illegal. The next broker with a very low minimum deposit for forex trading that you should consider is Alpari. This broker offers micro trading accounts with the low minimum deposit of $5 to get started. With these accounts as with other cent type mini trading accounts, you can expect both Micro and Nano lots of 1000, and 10 units to be available. Forex brokers with a $10 minimum deposit would be ideal for any beginner trader. Though trading with just $10 isn’t going to make you rich or any substantial gains, you are able to get a sense of the broker and how the trading platform works. When trading Forex with such a small amount it is always encouraged to be realistic. 5 Best Forex Brokers with Low Minimum Deposit 1. XM. This is a great broker for beginners because they have good educational videos and demo account facilities. In addition, you can trade over 700 instruments and also gives special bonus offers for new clients. The MT4 and MT5 facilities are available and may use any of the desktop or mobile options because they provide mobile and desktop ... Forex Brokers with $10 Minimum Deposit. Are you looking for forex broker that allows you to trade with the initial deposit between $10? Here is the list of forex brokers that allow you to deposit just $10 and trade!

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Best Forex brokers with No Deposit Bonus in 2020 (Real ...

Unable to execute JavaScript. Top 10 Forex Brokers With Minimum Deposits And Withdrawals In this video you will see the top 10 best forex brokers with minimum deposits and withdrawals, if... CLICK HERE FOR MORE INFO: https://rebrand.ly/forex33 And start earning in the Forex Market Now! In our expanding international company environment, there are... There are several trading platforms that allow low minimum deposits starting from $10. We have picked three such trading platforms. 1. Spectre.ai Spectre.ai ... In this video, you are going to become familiar with 6 forex brokers that offer no deposit bonus. No deposit bonus is a kind of free money that some Forex br... This video will show you best forex broker with lower minimum deposit to register with avatrade use link below Ava:with avatrade minimum deposit 100$ fast wi... ----------------------------Telegram channel --------------------- https://t.me/easyFX4u --------------------------------------------------------------------...

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