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Forex Trading for Beginners in 15 Minutes

This e-book will help you learn Forex trading skills in the fastest time possible! It doesn't matter so much what education and background you have. Our program has shown interesting results: people with no previous financial market experience often delivered better performance than those with the experience! Learn more about this program, visit: http://forexillustrated.com

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Forex Trading for Beginners in 15 Minutes

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  1. FOREX TRADING in15minutes VOLII BESTFORBEGINNERS

  2. 30daysafteryoureadthise-book,yourfriendswillnoticeyoursuccess!30daysafteryoureadthise-book,yourfriendswillnoticeyoursuccess! Ifyouwantlotsoftheoryandcomplicatedanalysis,youpickedupthewronge-book!Youdon'tneedanotherclassic,boring"learningmaterial". Whatyouneedareeasy-to-apply strategiesandready-to-usetoolstohelpyoubecomeabettertraderfaster. Aboutthise-book Gone arethedayswhenyouhavetohave thousandsofdollarstoparticipateintheForexmarket.Now,youcanstarttrading withaslittleas $100!Youcanalsoforgetaboutspendingyearsreadingpilesofbrain-bustingbooksoneconomicanalysis.Wehavegatheredandfilteredthemost pertinentinformationandstrategiesthatwilllet youmakemoney. ThepopularityoftheForexBasics&Secretsin15Minutese-bookhasencouragedustocreateasecondupgradededition.Wereceivedalotofgreatfeedbackaboutthefirste-book(thankyou!) andwehopethateveryonewill enjoythenew strategies inthissecondedition. Thise-bookwillhelpyoulearnForextradingskillsinthefastesttimepossible! It doesn'tmatterso muchwhateducationandbackgroundyouhave.Ourprogramhasshowninterestingresults: peoplewithnopreviousfinancialmarketexperienceoftendeliveredbetterperformancethanthosewith theexperience!WatchtheTVseries“Million-DollarTrader”andthisfactisconfirmedaswell. WithForex,youcanbefree.Youcanliveandworkanywhereintheworld,befreefromtheroutine,andnotanswertoanybody! Tradinginvolvesrisk.Leveragedtradinghaslargepotentialrewards,butalso largepotentialofrisk.Beawareandacceptthisriskbeforetrading.

  3. forexmarketataglance Makemoneyevenintimesofcrisis Whilethestockmarketandcommercialbankdepositsarein deepdepressionduringthecrisis,Forexprofits,becauseanychangeincurrencycanbeusedtomakeprofit.Afalling marketisasprofitableforForextradingasadevelopingone. Workwhilelyinginahammock AllyouneedtostartmakingmoneyisacomputerorasmartphoneandanInternetconnection.Yourworkspaceandgoalsareuptoyou! Startwith$100 Unlikeotherfinancemarkets,Forexdoesn’trequirebigsavingsforyoutotakepart.Youcanhavesignificantresultsbystartingwithjust$100-$200. $100 Easyrules Unlikethestockmarketwithtensofthousandsofdierentshares,Forexworkswith8basiccurrencies,whicharethecenterofmosttrades. Moreover,therearesignificantlylessfactorsthatinfluencecurrencyexchangeratesthaninthestockmarket. Takeyourmoneywheneveryouwant A $50billionmarket isn’tjustamiraculouslybeautiful number–itisalsowhat ensuresthatyoucansellorbuyanyamountofcurrencyyouwishatanymoment.

  4. breakingthebiggestforexmyth WestronglyadviceyoutoavoidallresourcesthattellyouForexmarketisafairy-taleplacewhereyoucantrade24/7! Thetiminginforextradingiscrucial! thenpurchase currenciesfromdierentcontinents.TheForexmarketofLondonisusuallythemost activeasitinvolvesmany countriesoftheEuropeanUnion.TheUSmarketcomesnext,sothetimewhentheLondonsessionintersectswiththeUSsessionusuallyprovidesthebiggestreturns. Experttradersconsider10AMtobethebesttimeasthisistheperiodwhentheLondonmarketispreparingtoclosethetradesandtradersaregettingreadytomovetoUSmarket.Thiscreatesbigswingsincurrencypricesthusopeninggreat opportunitiesforprofit. TheForexmarketisopen24hoursaday,butitisnotactiveallthistime!InForextradingmoneyismadewhenthemarketisactive(whentradersarebiddingontheprices)soitiscrucialforyoutolearnaboutthemostproductivehoursofthedayandoftheweekfortradingtheforex! TherearethreemajortradingsessionsoftheForexmarket: London, USandTokyosession.The busiest timesare when thesessions overlapastraderscan ESTtime 22:00 23:00 24:00 02:00 01:00 04:00 05:00 06:00 07:00 12:00 13:00 14:00 15:00 16:00 17:00 18:00 19:00 20:00 21:00 THEBESTTIMEOFTHEWEEKTO TRADEFOREX Accordingtoresearch,thebiggestmovementinthefourmajorcurrencypairs(EUR/USD,GBP/USD, USD/JPY,USD/CHF)isobservedonTuesdaysandWednesdays.Fridaysarebusyaswell,butonlyuntil 12:00PMandduringthesecondhalfofthedaythemovementscanbeveryunpredictable. Besttime MON THU FRI

  5. forexglossary Forexisaninternationalcurrencymarketwithdailydealsworth$4billion. foreign exchange Themostcommoncurrencypairs EUR/USDGBP/USD USD/JPY USD/CHF EUR/JPYUSD/CAD ThetradeinForexoccursbetweentwocurrencies,because onecurrencyisbeingboughtandanother–soldatthesametime. EUR/USD 28% EUR/USD Base Quote Currency Currency TOPPAIR 1/3deals ofall EUR/USD Point(Pip) Thefourthunitafterthedecimalpoint, whichis the smallestunitofanexchangerate. Sellingprice(Bid) Buyingprice(Ask) 1.3000 1.3001 spread Spread Thedierencebetweenthesell quoteandthebuyquote(inpips). point Thesmallerthespread, themoreliquidthecurrency!

  6. Whatinfluencesexchangerates? Centralbanks Stateeconomics Politics Financecirculation InterestratesMandatoryreservefunds GDP,inflation,debtSalesamountsInterestfrominvestors StabilityofgovernmentsPublicstatementsChangeofo cials HowtheEuroexchangeratedropped Example PrimeMinister ofGreeceannounces EUR/USD referendum Berlusconiresigns Centralbanksagreetostimulate liquidityof nan-cial transaction TheEUcannot agreeuponchangesinthetreaty ECBannouncesa newpresident Nov1 2011 Dec1 2011 Source:MorganStanleyResearch,Bloomberg.

  7. leverage&Lots Term Leverage Throughtheuseofleverage,tradersareabletoinvestasmallamountofmoneyandtrademuchlargerdealsizes.Thisisusefulbecausethemovementincurrencyratescanbeverysmall,andlargertradesrepresentlargerprofits/lossesforeverypipchangein therate. Leverageallowsyoutotradewithmoremoneythanyouhaveinyouraccount,becauseyoueectively“leverage”yourfreebalancetoopenalargertrade.Leverageisshownasaratio,forexample1:100.Notethatleverageamplifiesbothpotential profitsandlossesalike. Stockmarket 1:2 Forexmarket from1:50to1:400 Maximumleverage Varyinglotsizes Term Lot InForex,all transactionscanbeconductedviastandard,mini,andmicrolots.Eachlotsizeaccountsforadierentmeasureofunitsofthebasecurrency,whichinturn presentsadierentpipvalue.Belowisasimplecharttoillustratethedierencesinlotsizes,measuredinunits,volumeforthemajorpairswherethebasecurrencyisUSD. Unitsofbasecurrency 100,000units PipValue(base:USD) 1pip=$10 Volume StandardLot 1 MiniLot 10,000units 0.1 1pip=$1 MMiincrioLoLtot 110,0’00000uunnitists 00.1.01 11ppipip==$$10.10 Thesmallercontractsizeshaveabroadappealtobeginnerinvestorswhodonotwanttotakeonadisproportionalamountofrisk.Generallyspeaking,mini account holdershaveaccesstothesamematerialsastheregularaccount holderssuchascharts,tradingplat-forms,support,etc.Thosetraderswhoarelookingtogetstartedintheforexmarketshouldconsideropeningaminiaccountbecauseofthesmallercontractsizes.

  8. Howleverageworks Leverage “Leverage”simplymeansborrowedfunds.Whilethehighdegreeofleverageusedin forextradingmagnifiesreturnsandrisks,afewsafetyprecautionsusedbyprofessionaltradersmayhelp mitigatetheserisks. Tips&Warnings Example Youdecidetobuy100,000EURandsellUSDatarateof1.4100.Doyouneed morethan100,000USdollarstoopenthetrade?No!Withaleverageof1:50youwill needtoputdownonly1/50ofthedealsizeasthemargin,whichworksoutto$2,820. Calculatethemargin: Leverage1:50 Divide100,000by50=2000EUR2000EURx1.41=$2,820 Margin=$2,820 Thisistheamountthatwill beusedtocoveryourpotentiallosses.Inotherwords,themarginistheactualamountthatyouareriskingtoloseifthetradegoesagainstyou. Leverageisaveryaggressiveinvestmentstrategyand onlythosewithhighrisktoleranceandalongtimehorizonshouldconsiderleverage. Useleverageappropriatetoyourcomfortlevel:Using1:50leveragemeansthata2%adversemovecouldwipeoutallyourequityormargin.Ifyouarearelativelycautiousinvestorortrader,usealowerlevelofleveragewithperhaps1:5or1:10leverage. Theleverageavailableonpositionscarriedovertheweekendmayvary. Maximumleveragelimitsvaryin dierentcountries,varyingfrom1:10to1:400.

  9. Tradingexample1–leverage Goingshortoneuro YouexpecttheeurotofallagainsttheUSdollar. EUR/USD 1.4000 Open@1.3800 1.3500 Close@1.3108 1.3000 1.nov2011 1.dec 2011 CaseB:Leverage1:50 CaseB:Leverage1:200 Youopenapositionof1lot,whichrequiresaninitialdepositof(€100,000*1.3800/50)$2,760. Youopenapositionof1lot,whichrequiresaninitialdepositof(€100,000*1.3800/200)$690. Youwereright.Eurodepreciatesagainstthedollarto1.3108andyoudecidetocloseyourtradeandtakeyourprofits. Youwereright.Eurodepreciatesagainstthedollarto1.3108andyoudecidetocloseyourtradeandtakeyourprofits. Result:Theeurofellby692pips(1.3800 -1.3108x10’000).Yourprofitis692x1(lot)x50(Leverage)=$34,600 Result:Theeurofellby692pips(1.3800 -1.3108x10’000).Yourprofitis692x1(lot)x200(Leverage)=$138,400 Investment:$2,760 Investment:$690 Profit: $34,600 Profit: $138,400 Ifthetrendmovesagainsttheinvestor,leveragemagnifieslossesthesamewayitmagnifiesreturnsintheexamplesabove.

  10. Tradingexample2-copytrade Creatingapeoplebasedportfolio UsingSocialTrading platforms. 1 Chooseaplatform Evenifyou’renewtoForex,therearebeginnerfriendlyplatformslikeeToroorZuluTrade(AcceptsUStraders)thatoeryouaninterestingopportunity– tofollowthebesttradersandcopytheir transactions. 2 Followtheleaders Startfollowingthebesttradersandwatchtheir activities. TOPtraders RudolphBoyle Follow AlexSlovacek Follow DanielLanham Follow Copytheirideas Afteryouchooseatoptraderwhose actionsyouwishtocopy,decideuponanamountofmoneytoinvestintocopyinghistransactionsandpress “copy”. 3 4 Profit Nowyoucansitbackandwatchaprofessionalmake transactionsforyou.ThisisalsoagoodwaytolearnForexstrategiesinareal-life tradingenvironment.

  11. howtoreadgraphs Themarketcanbeanalysedinseveraltimeframes:10minutes,hours,days,weeks.Itmayoftenseemthattheseindicatorsarecontradictory.However,theyaren’t,youjustneedtocombinetheirreadings.Analysesoflongertimeperiodsshowtendencies,ignoringaccidentalchanges,whereasdailyandhourlygraphshelpin choosingthemomenttoopenandclosepositions. MULTIPLETIMEFRAMEANALYSIS Example time X Letuslookatadailygraph.Whatdomosttradersdowhentheyseesuchacurve?Theyassumethatit’sthebeginningofadownwardtendencyandbidonthedropofthecurrencyexchangerate.Andthey’rewrong! 1600 1550 1500 3 10 17 24 November time X 1900 Nowlet’slookatthesamecurrencyoveralongerperiodoftime. 1600 Weseethatthedailyshift wasinconsequentialtothelong-termtendencyasitisupwardandnottheotherwayaround. 1300 Aug Sep Okt Nov Dec Conclusion Forsuccessfulandprecisemarketanalysis,youmustuseatleast2-3timeframes!

  12. 8FOREX STRATEGIES YOUNEED TOKNOW

  13. 1.TheDouble-RedStrategy Resistancelevel Sell 1. 2. Description Thedouble-redstrategyisashort-termreversalsystembasedonpriceactionandresistance.Thetradeisplannedona5-minutechartandissignaledwhentwobearishcandlesformfollowingatestofresistance. Chooseanassetandwatchthemarketuntilyouseethefirstredbar.Thenwaitforasecondredbar. Ifthesecondredbarcloseslowerthanthefirstredbar,thenit’sajackpot. Usually,whathappensisthatthethirdbarwill goevenlowerthanthesecond bar.Thisisthepoint whereyou shouldopenashortposition. • Watchout • Notsuitedforvolatilemarkets • Donotuseitwhenbignewsevents • aretakingplace

  14. 2.copytradingSTRATEGY Copythetradesofexperiencedtraders. Thisisthebestsolutionforbeginnerswhodon’thavemuch freetime. 1.Choosenetwork 2.Choosetraderstocopy 3.Theymakemoneyforyou SocialtradingnetworkslikeeToroorAyondooer anopportunitytofollowthebesttradersandcopytheirtradeswith aclickofabutton.Choosethetradersyoulike,andthensitbackandwatchthemmakeprofitforyou.ThisisalsoagoodwaytolearnForexstrategiesinareal-lifetradingenvironment.

  15. 3.Support& Resistance Resistancelevel Sell Sell Sell Supportlevel Buy Buy Description Supportisthelevelatwhichthepriceseldomfallsbelow;resistanceisthelevelthepriceseldomexceeds.Eachtimethepricehitstheresistanceorsupport,thepriceappearstohitawallandreverses.At supportlevels,thenumberofbuyersgen-erallyexceedsthenumberofsellers;thispushesthepricebackup.At resistancelevels,thenumberofsellersexceedsthenumberofbuyerscausingtheprice togobackdown. • Keyelements • Preferabletimeframe:1H • Stop-lossisputoutsidethechannel

  16. 4.Breakouts Resistancelevel Supportlevel Buy Description Whenapricetradeswithinarangeforsometime,soonerorlater,therewillbeabreakouteitherupordown.Thisbreakoutisusuallyveryfastandvolatile.Therefore,itispossible toopenatradeinthesamedirection. • Keyelements • Preferabletimeframe:1H. • Toconfirmthetrend,waituntilatleastonepricebarclosesbelow/abovethesupportorresistance. • Stop-ordershouldbeabovethesupportlineorbelowtheresistance, but nottooclosetoavoidcommonmovementsandflatwidening.

  17. 5.ThePinocchioStrategy win 68% rate • Keyelements • Time-frameforanalysis:1h,4h Description A Pinocchiobarisacandlestickbarthathasaverysmall bodyandaverylongwick(nose).ItisalsocalledShootingStar, HangingMan,HammerandInverted Hammer.Youmayrememberthat • Watchout • Donottradeinaneutralmarket!AtruebearishPinocchiosignalmustcomeafteranuptrend(seeimageabove).TryingtotradethebearishPinocchiopatternin neutralmarketconditionscanberisky. Pinnochio’snosegrewlongwhenhewas lying.Thesamehappenswiththisstrategy:whenthewickislongerthanthebody,thistellsusthatthemarket isdeceivingusandthatweshouldtradetheoppositeway. Theentry point varies:sometradersprefertowaitforthenextcandletoretracetothe50%FibonaccilevelofthePinbar,whileothersenterimmediatelyafterthePinbarcloses.Alongwickindicatesstrongsellingpressure;alongtailsuggestsintensebuyingpower.

  18. 6.The1-2-3Strategy 1 3 2 Description 1.Afteranuptrendor,atleast,astrongmoveup,lookforthe1–2–3patternto 4.Thepatternisnowcomplete.Thereisstillaveryimportantrulethatmustbeobserved:thepricemustmovedowntobreakthelowcreatedatpoint(2).If thathappens,allofourconditionsaremetandweenterthetradewithashortposition. form,starting,ofcourse,withthepeak(1). 2.Ifacounter-movestarts,markthebottomofthatmovewith(2). first 3.Ifthenewmoveupdoesnotsurpasspoint (1)andstartsturningdown,markthehighestpoint ofthisnewmoveupwith(3).

  19. 7.Movingaverage Description Usingmovingaverages todeterminetrenddirectionistheoldestformoftechnicalanalysisandremainsoneofthemostcommonlyusedindicators.Movingaverages"smoothout"fluctuationsandhelpdistinguishbetweentypicalmarketfluctuationsandactualratereversals. Keyelements A sellsignalisindicatedwhenthespotratecrossesunderthemovingaverage.Thefactthatthe"double-top"chartpatternoccursatroughlythesamepoint,reinforcesthesellsignal. A buysignalisindicatedwhenthespotratecrossesoverthemovingaverage.The "reverse headandshoulders"pattern(asseeninthechartabove)confirmsthebuysignal.

  20. 8.Oscillators Sell Extremum Extremum Buy Description Oscillatorscanprovideclueswhenthemarket’s momentumisslowingdown, whichoftenprecedesashiftinthetrend. Momentumshiftsdirectionswhenthetwolines(blueandred)cross.Therefore,atradertakesasignalinthedirectionofthecrosswhenthebluelinecrossestheredline. • Keyelements • Preferabletimeframe:4h • Itiswisetouseafixed stoploss whenworkingwithoscillatorstoavoidbiggerlossesifabreakoutshouldhappen.

  21. top10experttipsforsuccess 1 Startgradually Don’topenmanypositionssametime.It’sbetterto 6 Don’tstoptheprofit Anessentialmistakebeginnersmakeisclosing thetransactiontoosoonandthusnottakingadvantageofthefullprofitpotential.Trendslastlongerthantheymightseematfirst! atthechoose fewerpositions,butweigheach ofthemcarefully. 2 Stop-Lossorder Peopleoftenforgettolimittheirlossandthereforehavetostepoutofthegameverysoon.WiththeStop-LossOrder,youwillbeabletocontrolthe situationeveniftherateschange unexpectedly. 7 Don’tplayagainstthetrend Transactionsagainstatrendusuallyresultinloss.Waitforabeneficialtendencyandthenmakeyourmove! 3 Ruleof1/6 Specialistsadvise 8 Ifindoubt,followtheleader Ifyoustillaren’tconfidentaboutyourdecisions,chooseaplatformthatletsyoufollowleadersandcopytheirtransactions. againstrisking morethan1/6ofyourfreecapital whenyouconfident. aren’tcompletely 4 Sticktotheplan Eachgoodtraderhastheirownplan, andthebesttradersmakeaneort toholdontoit. Thosewhohavethetime,makedailytransactions,otherschooselong-termstrategies.Keepitsteady! 9 Trendshavemomentum Beginnersoftendon’tknowthatwhentrendsstart,theydevelop quicklybecausetheyareincreasedby thenumberoftradersfollowingthem.Usetrendsinyourfavour! Multipletimeframes Dierentiatethetimeframesofanalysis. Weeklygraphsareusedtoobservetrendswhiledailyandhourly graphsarebestusedtoobservethebesttimetoopenandclosepositions. Closetheunsuccessful Don’tholdunsuccessfulpositions openfor alongtime.Experienceshowsthat it’sbesttoclosethemearlyandmoveontoothers. 5 10

  22. howtochoosetherightbroker Therearemanycompaniesthatoermargin-trading(Forex)services.Without theknowledgeoftheessentialcriteria,it’seasytogetlostinthedetailsofalargeoerandchooseanunsuitableor,asaworst-casescenarioanunreliableserviceprovider.Whatismostimportantwhenchoosingaplatformprovider,andhowdoesone orientatethemselvesinsomanyoers?BelowisacompilationofsomeadvicefromseveralprofessionalsintheForexmarket,whichcanbenarroweddowntofourbasiccriteria: Reputationofthecompany Evaluate thepopularityof theplatformprovider–whether thereareanycomplaintsabouttheservicesandwhat thosecomplaintsare,what thecustomerserviceisandwhetherornotprofitpaymentsareeverdelayed. Convenienceoftheuserinterface Youhavetoevaluatehoweasyandconvenientitistousetheplatformandwhatanalyticaloptionsandextratoolsituses.It isbesttochecktheuserinterfacesbyopeningdemoaccountsoeredbythebest platforms. Commissionforpaidtransactions Thecommissionpaymentsfortransactionsaredescribedbythespread,whichisthedierencebetweenthebidandoerpriceofthecurrency.Thebiggerthespread,themoreyouwillhavetopaytheserviceprovider.CommissionpaymentsareusuallyhigherforindependentplatformsratherthancommercialbankForex platforms. Moneytransactions Thebestplatformsprovidetheopportunity tousewiretransfersorotheronlinepaymentoperatorssuchasPayPalorMoneyBookers,whicharethemostconvenientandeasymethodsofreceiveingfunds.

  23. Foroptimumresults recomended to Platform Min.Deposit Max. Leverage Rating $50 1:400 visit site 1 eToro* visit site 2 $100 1:200 Plus500** $25 1:200 3 visit site EasyForex visit site 4 $500 1:500 FxPro visit site 5 $100 1:300 Ducascopy *eToroisaSocialInvestmentNetwork. **Plus500isaCFDonlyService. Your Capitalmaybeat risk.

  24. bestfor beginners eToroistheworld'sleadingsocialinvestmentnetworkwithover3millionregisteredusersfromover200countries.TheeToroplatformisconsideredtobethemostuserfriendlyandintuitiveforbeginners.eToroisknownforitsunique“socialtradingtools”thatletyousee,followandcopythebestperformingtradersinthenetwork.Youdon'tneedtobeanexperttoinvestlikeatopperformer. Pros Facts • Hugeandactivecommunity • Superfriendlyyetpowerfulinterface • Follow&Copyfeature • Between80-90%of • copiedtradesareprofitable. • Gurutradersareobligedtowrite • abouttheirstrategiestotheirfollowers • Greatstockinvestments:Google, • Facebook,Amazon,Appleetc. • Foundedin:2006 • Registeredin:Cyprus • Regulators:CYSEC,MiFID • Minimaldeposit:$50 • Leverage:upto1:400 • Spreads:EUR/USD3points • Payments:Creditcard,Paypal, • BankWire,MoneyBookers,Webmoney • Commissions:No* • • Contacts:+1-866-350-0881, • support@etoro.com Cons *Overnightcommissionsmightbeapplicable • Spreadscouldbetighter • Thetraderfiltercouldbemoreadvanced • Tradehistoryfeaturesneedimprovement Platformpictures visit site

  25. editor’s choice A popularplatformwhichhasprovenitselfsince1999.Plus500isoneoftherarebrokerslistedontheLondonStockExchange.This platformhasanappavailableformobiledevicesincludingtheiPad,whichallowsyoutomaketransactionswhereveryouare(HighestratedbrokerinUK’sappstore).Plus500issuitableforexperiencedtradersandnotbeginners.Plus500isaCFDservice.*YourCapitalisatrisk. Pros Facts • Foundedin:1999 • Registeredin:UK • Regulator:FinancialConduct • •Bonusof$20-$10,000 • Lowfixedspreads • ListedontheLondonStockExchange • Fastaccountverification • Availablein35languages • Accessibleeverywhere(web,iPad, • iPhone,AndroidandWindowsphone) Authority. • Minimaldeposit:$100 • Leverage:upto1:50 • Spreads:EUR/USD2points • Payments:Creditcard,Paypal, • Skrill,BankWire • Commissions:No* • • Contacts:+442030027290, • support@Plus500.com Cons • Scalpingnotallowed • Verybasicchartingforthemobileapp *Overnightcommissionsmightbeapplicable Platformpictures visit site

  26. bestof all-in-one A userfriendly,yet professionalandtrustworthyplatformthathastrainedmanyprofessionals.Thisplatformoersoneoftheeasiestsign-upprocessesaswellasmultiplepaymentreceivaloptions.Apleasantfeatureisthesuperlowminimaldeposit-just$25.Withonetradingaccount,youcantradefromyourdesktop,smartphone,iPhone,BlackBerry,orPDA.Thevarietyofmarketreviewsandanalysistoolsoeredbythisplatformisremarkable,allofwhichwill helpyoumaketheright decisions. Pros Facts • Foundedin:2003 • Registeredin:Cyprus • Regulators:CYSEC,MiFID • Minimaldeposit:$25 • Leverage:upto1:200 • Spreads:EUR/USDfrom3points • Payments:Creditcard,Paypal, • Veryeasy&fastsign-up • Lowminimaldeposit • Freemarketanalysis Cons • BankWire • Commissions:No* • Contacts:cs@easy-forex.com • Highovernightfees • Relativelyhighspreads *Overnightcommissionsmightbeapplicable Platformpictures visit site

  27. FxProhasbeenamajorplayerinretailFXsince itwasestablishedin2006,andhasquicklyrisenthroughtherankstobecomeoneofthelargestandmostinfluential brokersintheworld.RegulatedbyboththeUK’sFCAandtheCySECFxProisatrulyglobalbrokerservingclientsinover150countriesworldwide.FxProhasbeenaforceforchangeintheindustry,leadingbyexampleitcontinuestocampaignfor increasedlevelsoftransparencyandfortheeradicationofanyandallconflictsofinterestbetweenbrokerandclient. WhenFxPro’sclientstakeapositionontheworld’smarketstheyreceivetheverybestbidandaskprices,executedrapidly,andwithnointerventionfromadealingdesk.FxProoersalsoatrueECNtradingwithspreadsfrom0pipsonthemajorpairs. Pros Facts • Founded:2006 • Headquarters:Limassol,Cyprus • Regulatedby:FCA,CySEC • MinimumDeposit:$500 • EUR/USDspread:1.5(average • NoDealingDeskintervention • InsuredClientFunds • NegativeBalanceProtection • Commission-lesstrading • Leveragefrom1:1to1:500 • OersalsoECNtrading • Besttoolsinthemarket • spread) • MaxLeverage:1:500 • MoneyWithdrawals:Processed • within1businessday • Commissions:NoCommissions • PaymentOptions:Visa/MasterCard, • BankWire,Skrill,Neteller,andmore. Cons • $500minimumdeposit Platformpictures visit site

  28. Ducascopyisoneofthemostreliableandsecurebrokersoutthere.DukascopyEuropeisaEuropeansubsidiaryofDukascopyBankofSwitzerland.Itisaheavilyregulatedbrokerandsecuredbygovernmentalregulationsupto20’000EURpercustomer.DucascopyEuropeisoneofthesafestplacestotradeandalsoprovidesthelowestspreadsandhighestliquidity.Ducascopyisoneofthemostreliableandsecurebrokersoutthere.DukascopyEuropeisaEuropeansubsidiaryofDukascopyBankofSwitzerland.Itisaheavilyregulatedbrokerandsecuredbygovernmentalregulationsupto20’000EURpercustomer.DucascopyEuropeisoneofthesafestplacestotradeandalsoprovidesthelowestspreadsandhighestliquidity. Pros Facts • Foundedin:1998 • Registeredin:Latvia(Europe) • Regulators:SwissFinancial • MarketsAuthority • Minimaldeposit:$100 • Leverage:upto1:300 • Spreads:EUR/USD~1.4pip • Payments:Credit,DebitCards • Commissions:from10USD/ • 1millionUSDdeposit • Contacts:info@dukascopy.eu • Highsecurity • Lowspreads • Scalping,hedgingetc.allowed Cons • Slightlylongerregistrationprocess • Tradingcommissions Platformpictures visit site

  29. Thanksforreading! Visitourwebpagetogetthelatesttipsandstrategies! www.forexillustrated.com

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