Trading Online System

The main feature of trading platform is the opportunity to trade Forex online on a 24 hour a day basis. Right on your own screen a trader can order either a price at the market or place a limit order, can specify both limit and stop orders, can change those orders while already in the market. But apart from the obvious advantages of online trading as a service, the terms of the trading service itself available to traders and investors is one of a kind. First, you only need $2,000 to open an account. The leverage you can enjoy on day trades is 100 to 1. Leverage without proper risk management, this high degree of leverage can lead to large losses as well as gains. You receive a market spread as low as 2 pips depending on market conditions.
Trading online is being improved constantly: both the technological aspect as well as service. An expansion of tradable currencies, lowering the required minimums to open an account, extension of trading hours to 7 days a week, are just some of the exciting planned improvements.

Market Information Service

The trading platform is a great Market Information Tool that can satisfy some of the most rigorous demands of any professional analyst, investor or trader because it provides the client with the ability to watch currency exchange market movements in real time and around the clock. Historical Forex rates are presented in a form of 5min, 15min, 60min, and daily charts. Because no Forex trader can hope to successfully trade the currency market without economic and financial news that may affect the exchange rates, pertinent new data is added every day. Lastly, another necessity for successful currency trading is technical analysis. The trading platform incorporates a vast number of technical analysis instruments from trend-lines drawing to many popular studies

Trading Platform

We are proud to present what we consider a revolutionary dealing platform that not only represents the cutting edge of technology, but that we feel is poised to transform traditional notions of Forex trading. We anticipate that this new system will provide constant liquidity to the market enabling traders to freely enter or exit trades.
System Requirements
Operating Systems: Windows 2000, XP, or Vista suggested
Wireless internet connections do not provide a consistent uninterrupted flow of data between your professional FX Trading Station and our Trading Desk. A physical internet connection is highly recommended.
Web Browser: Microsoft Internet Explorer 6.0
Processor: 300MHz Pentium (600MHz or higher suggested)
RAM: 128 MB (256 MB or higher suggested)
Hard Drive: 60 MB of free space
Important Material:
User Guide - Detailed description of how to use the new system.
The main screen appears after the trader logs into the online trading platform. All vital information about the trader’s account is visible on the main screen, including active orders, open positions, and available margin.
Live quotes in 17 currency pair appear in the Dealing Rates window. Traders are able to execute trades directly from the displayed quotes. To place a market order, the trader clicks with the left mouse button on desired rate. If the trader believes that the exchange rate will become greater, then the trader would click on the BUY exchange rate located to the right of the SELL exchange rate. On the other hand, the trader can click on the SELL exchange rate in expectation of the rate moving lower. In foreign exchange, there are no restrictions on short selling.
Trader is about to place an order to buy euros at the exchange rate of 0.8574
After a trader clicks with the left mouse button on an exchange rate, the Market Order box appears. The trader specifies the size of trade, inputting the currency pair, whether to BUY or Sell, and the number of dollars. The trader must maintain $1,000 in margin for every increment of 100,000. For example, if the trader has 500,000 in open positions, the trader would have $5,000 in used margin. The trader can send the order for execution by pressing OK or can CANCEL the order.
Trader has input the amount of trade, 100,000, which is 100,000 euros.

Within seconds, a confirmation of the execution will appear in the Open Positions Window. Each open position has a unique ticket number and appears on a separate line. Detailed information is displayed on each position, including up to the second P/L in terms of pips.. Traders can place through the Open Positions Window Stop/Loss and Limit Orders on each individual position. To place a Stop/Loss or limit order, the traders click with left mouse button on the box that appears under the Stop or Limit columns.
Trader has received confirmation that the order to buy 100,000 euros at 0.8575 has been executed.
A Stop/Limit box will appear. The trader will then set the desired rate for Stop/Loss or Limit/Orders. Once the market hits the limit exchange rate or moves through the Stop-Loss exchange rate, the position will be closed. If the trader has set both a Stop/Loss and Limit Order on a position, the execution of one of the orders will cancel the other order.
Trader is placing a stop-loss order at 0.8500 and limit order at 0.8600 on the 100,000 euro position.
To close a position, the trader clicks with the left mouse button on the exchange rate under the Close column in the Open Positions Window. The Close Position Window will appear giving the trader the opportunity to a close part or the entire position. After the trader clicks on OK, the information in Open Positions window will be modified.
Trader is taking a profit on the 100,000 Euro position by selling at 0.8645 and making $700.00 on the trade.

Vital information including account equity, balance, and usable margin is displayed in Account Information window. All information is updated in real-time based on the market exchange rates, enabling the trader to quickly and accurately assess the status of the account.
After taking profits, the (account) Balance and Usable Margin increase. The Used Margin decreases.

Without proper risk management, this high degree of leverage can lead to large losses as well as gains.

How Can I Participate in the Spot Currency Market as a Trader?

From 1971 until recent years the virtual owners of this market were the banks, multinational corporations and large brokerage firms. If an individual wanted to invest in this market, he could invest with a bank with a one million dollar cash deposit backed by the requirement of a 5-10 million dollar net worth. A slightly better option was provided by the brokerage firms, which asked a lower minimum deposit on average of a quarter million dollars.
But now the forex market has been opened up to Individual investors. *Unlike the huge sums of money previously required by the banks and brokerage firms, comparatively far lower margin requirements are finally available that now allows virtually any individual to trade along with the professionals and institutions. In addition, individual investors have the opportunity to take advantage of the growing boom in computer and communication technologies that has made this market accessible in ways previously exclusive only to large players.
*Without proper risk management, this high degree of leverage can lead to large losses as well as gains.

Why is the Spot Currency Market Attractive to Investors?

Why is the Spot Currency Market Attractive to Investors?
Professional investors for individual accounts have dramatically increased their level of participation in the cash Forex markets in recent years. Add to this the growing use of cash Forex by individual investors and you have a rapidly growing investment arena. The following summarizes the many reasons professional investors have flocked to this market.
Liquidity This market can absorb trading volumes and per trade sizes that dwarf the capacity of any other market. On the simplest level, liquidity is a powerful attraction to any investor as it suggests the freedom to open or close positions at or near your requested prices.
Access A substantial attraction for participants in the Forex market is the 24-hour nature of the market. In Forex, a participant need not wait to react to a news event, as is the case in most markets.
Flexible Settlement Many professional investment managers have a particular time horizon in mind when they establish a position. In the Forex market, a position can be established for a specific period of time which the investor desires.

What Moves the Foreign Exchange Market?

The primary factors influencing exchange rates include the balance of payments, the state of the economy, implications drawn from chart analysis as well as political and psychological factors.
Ebb and flow of capital between nations, otherwise known as Purchasing Power Parity (PPP) is the central factor that determines market momentum. In addition, fundamental economic forces such as inflation and interest rates are constantly influencing currency prices. Faith in a government's ability to stand behind its currency will also impact currency price. This is done in two ways: controls and intervention. Controls restrict citizens from doing things, which have a negative effect on the exchange rate (such as sending money abroad). Intervention takes two forms: changing the interest rate on the currency to make it more or less attractive to foreigners, or buying/selling the currency to raise or lower its market value.
Any of these broad-based economic conditions can cause a sudden and dramatic currency price swing if such conditions are seen to be changing. This is a key concept because what drives the currency market in many cases is the anticipation of an economic condition rather than the condition itself.
Activities by professional currency managers, generally on behalf of a pool of funds, have also become a factor moving the market. While professional managers may behave independently and view the market from a unique perspective, most, if not all, are at least aware of important technical chart points in each major currency. As major support or resistance levels approach, the behavior of the market becomes more technically oriented and the reactions of many managers are often predictable and similar. These market periods may result in sudden and dramatic price swings as substantial amounts of capital are invested in similar positions.

Cash Forex versus Currency Futures

As a potential investor it is important for you to understand the differences between cash Forex and currency futures. In currency futures, the contract size is predetermined. Futures traders exercise leverage by utilizing Margin to control a futures contract. (Margin is money deposited by both the buyer and the seller to assure the integrity of the contract.) Leverage without proper risk management, this high degree of leverage can lead to large losses as well as gains.
But with liquidity in mind, the futures market may seem limiting because the data flow comes to a stop at the end of the business day (just as it does with the stock market) thus disrupting your perception of the market. For some traders this could lead to a certain level of anxiety. For example, if important data comes in from England or Japan while the U.S. futures markets is closed, the next day's opening could be a wild ride.
In contrast to the futures market, the spot forex market is a 24-hours, continuous currency exchange that never closes. There are dealers in every major time zone, in every major dealing center (i.e., London, New York, Tokyo, Hong Kong, Sydney, etc.) willing to quote two-way markets. The size of this market, over one trillion dollars per day gives you near perfect liquidity. Because of the advantages of sheer volume and daily volatility, we feel that the excitement of this market is unparalleled.

What is Forex?

The Forex market is a cash inter-bank or inter-dealer market established in 1971 when floating exchange rates began to materialize. The simplest definition of foreign exchange is the changing of one currency to another. In comparison to the daily trading volume averages of $300 billion in the U.S. Treasury Bond market and the less than $10 billion exchanged in the U.S. stock markets, the Forex market is huge; in September 1992 The Wall Street Journal estimated the trading volume at $1 trillion per day. Today, it is believed to have grown in excess of $1.5 trillion per day.
The most important foreign exchange activity is the spot business between the dollar and the four major currencies (British Pound, Eurodollar, Swiss Franc, and Japanese Yen). Participants in the market consist of five main groups: central banks, commercial banks, other financial institutions, corporate customers, and brokers.
But Forex is not a "market" in the traditional sense. There is no centralized location for trading activity as there is in currency futures. Trading occurs over the telephone and through computer terminals at hundreds of locations worldwide.

make money online with Forex

Now, you can make money online with Forex trading in the global Forex trading market which is the world's largest, most profitable, most powerful and most persistent trading market.
For those who do not know it yet, FOREX an abbreviation for "FOReign EXchange" or "foreign currency exchange". Foreign exchange is the purchase or sale of a currency against sale or purchase of another. The FOREX market is the global interbank market where all currencies are traded.
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