Archive for the ‘Forex Brokers’ Category

With sterling trades seen too expensive, the yen and Swiss franc are in demand according to in-depth research by news agency Bloomberg.

The UK’s referendum on European Union membership is spurring volatility in the pound, making trading sterling increasingly expensive. Banks are pointing clients toward alternative currency bets or hedges that could fare well regardless of the outcome.

Here is a list of analysts’ favourite trades as written in research notes or recommended in interviews conducted by Bloomberg News in recent days.

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During the summer, most forex traders are busy with relaxing in the sun or out and about on various holidays. Now, thanks to new technology and mobile phones, that does not have to mean that you can’t trade as usual.

AvaTrade have just released their new mobile app and as a part of that launch party they are offering a promotion to new customers who signup before 30th of June, where you could deposit and trade with 3000 GBP/EUR/USD and get a free iPhone 6+ or Samsung Galaxy Edge+.

So, if you have been tempted trying out currency trading online this is the best chance and offer we have seen in a long time. Make use of the summer and get going with trading forex online, check this out already today!

››The forex broker AvaTrade now offer you as new customer a mobile phone if you deposit at least 3000 GBP/EUR/USD and fulfill their bonus requirements.

Make sure to read all the terms and conditions on the AvaTrade website, to see what is required to get your mobile phone

Australia’s dollar rose to a one-month high and bond yields rebounded from the lowest ever as the central bank refrained from cutting interest rates.

The Reserve Bank of Australia left the benchmark rate at a record-low 1.75 percent, as forecast by all but one economist surveyed by news agency Bloomberg. Most expect the central bank to resume easing in August after a quarter-point reduction in May in response to a record-low core inflation reading.

“Last night’s RBA policy statement was judged as lacking an explicit easing bias,” said Jane Foley, a senior currency strategist at Rabobank International in London. “While this assessment has lent the Australian dollar significant support this morning, there are sufficient negative nuances contained within the RBA’s policy outlook to infer that the prospect of an August rate cut remain very strong.”

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The forex market is the biggest global trading market and is increasingly opening up to Bitcoin investors. More and more forex brokers are accepting bitcoin trades and this has grown considerably throughout 2015.

Bitcoin traders are renowned for their high risk attitudes and acceptance of greater risk for potentially larger profits. In general the market for Bitcoin trades has been extremely volatile, while the forex market is relatively stable.
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The World’s financial markets have been shocked by the news that the world’s second biggest bank HSBC is reviewing its headquarters in London and is considering moving elsewhere, probably to its natural base in Hong Kong.

HSBC have had their headquarters in London since 1992, after they purchased Midland Bank, one of the UK’s ‘big four’ banks.
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One of the most wonderful things about the inexorable rise of the internet is the way it has given almost anybody with some money to invest and a willing mind the opportunity the experiment with, and hopefully profit from, many financial instruments which only a few years ago were the sole domain of elite City traders.

Over that same time period, many online trading companies have come into existence to fulfill demand from the general public for the opportunity to trade with these instruments.

Plus500 is one of these companies, so let’s take a look at it in closer detail – or sign-up to Plus500 now if you cannot wait.
79% of CFD-account from non professional clients loose money.

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Following eToro’s license approval by the UK Financial Conduct Authority (FCA) in May of this year, the world’s number one social investment network is on the verge of setting up shop in London.

FCA approval is a significant gain for eToro. The approval affirms eToro’s entitlement to offer financial services to UK users, and is a confirmation of its compliance with applicable regulations.

In all likelihood, the FCA approval will considerably add to the company’s rapid growth in the UK area.
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Morgan Stanley’s Martine Bond has left her position as Chief Operating Officer of Foreign Exchange and Emerging Markets in favour of a new, as yet unnamed, role within State Street Corporation.

It’s understood that she has been placed on ‘gardening leave’ from her position at Morgan Stanley with immediate effect. Ms Bond made the transition from JP Morgan to Morgan Stanley in 2009, originally working as Global Head of FX Prime Brokerage before being promoted to the COO role managing Forex in March of 2011.
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We are happy to present the first, basic but useful, initial version of our currency trading Android app for OnlineForex.net, where you can follow our most recent news posts, the daily currency rate fluctuations for the major currency pairs, use our forex glossary, read some of our articles, e.g. “Learn to trade Forex online”, see all of our online forex videos when you are on the go and much more.

All of this is specifically brought to you in mobile format and you can now download our app directly from Google Play.

Some of the statistics so far for our app:

- The Online Forex dot net app is available to over 1482 different type of Android devices.
- It has been downloaded close to 200 times.
- The OnlineForex.net app has been rated 4.9 by all the users so far.
- Android app file size: 163k
- Permissions used by our app: android.permission.INTERNET
- Supported screens: small to xlarge

Screenshots from the OnlineForex.net app

One of the brokers at online forex, which has been reviewed here, evaluate and rate their traders per country.

Like most of us know, Forex brokers, like banks, works with different strategies where they focus their marketing, customer support, tight margins and also adjusts their promotions depending on the currency trader’s potential. The banks and brokers all have different approaches and (more…)

We at OnlineForex.net are happy to now offer You a free signup and trading gift if you signup with one of the brokers listed with the tag, in “The best forex brokers” top list.

Special unique broker agreement

As a part of a special agreement (more…)

When ICANN announced they are letting .AnyName free, it will probably not take long before .FX or .FOREX will be registered. OnlineForex.net will here discuss the opportunities with the new regulations and which effect it might have to launch a new domain suffix for the forex industry.

Why .fx?

Since long ago, all the best domains for forex brokers, forex market makers and forex traders are gone. (more…)

American magazine SmartMoney made a ranking of forex brokers earlier this week. Their review include best forex education material, software, actual spread and customer service.

With other words, their fx review is not as detailed as OnlineForex spread, but still worth to have a look at. Below you find the results for best forex brokers according to SmartMoney.com:

Forex Education Material

Best education material was provided by TD Ameritrade, according to SmartMoney.com. They have both clear and accurate fx education material, but was not significant better than most other brokers. FXDD was the losing broker in this chapter. Reason for their loss is that it is hard to navigate and they offer very basic material.

Forex Software

Meta trader software is state of the art, it seems like. However, TD Ameritrade’s software was the least impressive in the review.

Forex Spread

When SmartMoney.com measure actual spread, FXCM actually lost. This might be a surprise, since they have a rather low absolute spread. But in reality, it often gets wider during volantile market conditions.

Customer Service

Worst customer service in the forex review by SmartMoney is offered by Alpari. In the worst, you have to wait over 20 minutes to get support from Alpari. I rather suggest going to ForexYard instead if you want quick customer support.

What do you think? Any favourite forex broker?

OnlineForex.net are pleased to add another premium forex broker to review list. Award winning Saxo Bank has been around since 2000, and the company is originally from Denmark, but now got offices around the world.

Among their latest awards you find “Best Bank for FX Investors 2009″ by Fx Week, “Best White Label Solution Provider” by World Finance’s Fx (more…)

A few days ago, the popular forex broker GFC Markets announched they are changing name to Markets.com to better reflect their business and offerings.

Markets.com, a fast growing online forex broker

GFC Markets, or Markets.com as they are called now days, has been growing quickly the last year.

One of the reasons is that you can start online forex trading from just $50, so many new traders find it convenient to not risk so much.

The fact that you can trade both stock indices, commodities and currencies in the same account is another reason making it popular. (more…)