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Archive for December, 2010

ECN Forex Broker: Dukascopy (Suisse) SA Review


dukascopy ecn forex broker ECN Forex Broker: Dukascopy (Suisse) SA Review

Dukascopy Bank is a regulated Swiss Bank and it provides Forex trading fiscal statement to private individuals and institutional clients.
The minimal order size is 1000 units of the primary currency.

Company: Dukascopy Bank SA
Official Site: http://www.dukascopy.com
Country: Switzerland
Online in view of the fact that: 2004
Minimum Deposit: $1,000
Minimum Lot Size: 1000 units of the primary currency(1 micro lot)
Leverage: 1:100
Trading Platform: JForex Platform, Java Platform, Web Platform, iPhone Platform, MT4 Platform(beta test)
Low Spreads: EUR/USD: usually 0.5-1 pip, GBP/USD: usually 1-2 pips
Funding Options: Bank wire, Bank Guarantees, Swiss Custodian Banking Services (Segregated Swiss Bank Account)
Regulation: ARIF(a self regulatory fiscal organization), FINMA(Federal Finance Administration)

Day Trading Forex

The Forex market has justifiably become one of the most attractive and well loved fiscal markets in the world. Operating around the clock via a decentralized network of central banks, investment institutions, hedge funds, and similar institutions, the Forex market allows traders to speculate on the movement of currency exchange rates. Players of the Forex tend to like these features most:

· Round the clock action—the Forex market constantly adjusts and is open 24 hours per day between Sunday and Friday afternoon.

· Less problems with gap down (when price starts out lower than its previous ending price due to factors that occurred when the markets were closed)

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Forex News Trading Guide

Forex currency trading has been a hot subject lately. Imagine a business with no employees, no customers, and no inventory; with possibility of reaping splendid profits every release month, week, or day. It is only you, lap-top computer, and your pet sofa… Attractive? Sure, but the secret ingredient of success is missing in the formula.

It is estimated that only 5% of retail forex traders have consistently profitable currency trading system. It is usually based on deep appreciative of nation (fundamental analysis), awareness of the patterns of market reaction on specific economic actions (technological analysis), and proprietary set of “tools and instruments”. Clearly, you want to jump in to get your feet wet in forex trading, but what if your toolbox is nearly empty. One way to start is to follow qualified trader guidance. It does not break your wallet to subscribe to quality forex trading signals (for instance, I offer them free), then test their consistency on your training account and finally apply these alerts for live trades.

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