Frequently Asked Questions

Forex trading is the buying and selling of currencies on the forex market with the aim of making a profit. Forex (or sometimes just FX) is short for foreign exchange, and is .

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Forex Trading: Attractive spreads (base spread for EUR/USD pip, GBP/USD pip), ECN Online FX Trading by Swiss Forex Broker; One Hundred Million at One Click.

China Forex Expo Date: May 6th-7th, Location: It is a must-attend event for industry players. The expo not only covers forex, but also binary options, fintech, precious metals, CFDs, oil and gas and other financial products. To review the last China Shenzhen Forex Expo video, please visit: Last Forex Expo Video. Forex Incubator program — is an opportunity for all talented Forex traders, who pursue their career in Forex as successful money managers, but might not have enough funds to fulfill their potential, to prove own trading skills and receive funding from large institutions and investors.

Traders are not liable for losses on funded accounts, hence there is no risk involved in participating in such incubator programs. In the worst case scenario, a trader will be disqualified from further participating in the program. Additional support, mentoring and other valuable advice is offered to help talented Forex traders grow professionally and build own financial career [ Guaranteed stop loss is not a common practice with Forex brokers as one would expect.

The list below shows all Forex brokers who offer guaranteed stop losses. But first, let's briefly touch the theory. Guaranteed stop loss — your stops are executed at the requested price level no matter what.

Regular stop loss — your stops are subject to market volatility and best available price, execution not guaranteed. Forex brokers looking to work with Bitcoins face a few challenges, most of them are regulatory. In mid Bitcoin still remains unregulated and unsupervised. There is no central bank to regulate its flow and exchange. In addition, the Anti-Money Laundering questions remains unsolved, as Bitcoin users identity is veiled they don't need to have bank accounts for holding Bitcoins, for example.

Combined together, those issues hold back some Forex brokers who would ultimately already adopt Bitcoin trading themselves. In the meantime, there have been some intriguing developments, as Bank of America among the first showed interest in adopting digital currency transfers.

As of September 17, Bank of America has successfully registered a patent to use Bitcoin, Litecoin, Ripple, Peercoin, and Dogecoin for fund transfer between accounts. Another industry giants - Amazon and MasterCard - are also exploring the ways of working with digital currencies, and related patents have been also filed.

And so, the train gains speed, and time will tell, as for now, Bitcoin popularity grows, and so is our list of Bitcoin Forex brokers. You can put the question this way; becoming a US Forex broker isn't as simple as registering an off-shore brokerage.

The answer lies in the regulatory requirements. While registration itself isn't the issue, being a member of NFA regulated brokers group requires adherence to the strict NFA rules. DMA - Direct Market Access - is a type of FX execution where traders are offered direct access to the physical market, enabling them to place trading orders with liquidity providers leading foreign exchange banks, other brokers, market makers etc.

Hi I tried other times and for longer periods even though I was advised against by the costumer service and the results were not impressive. In fact with my demo account from 10k went up to 11k but later btw nov and dec went down to 8. In my live account I have it with the recommended settings and its performance is much better.

Thaks John again after being burnt before finding your page was the best thing this past year. Questions from the above: Why is the 1K investment more profitable than the 3K? Would it be advisable to invest 5K if one can afford to? Hi Roz, the only difference is they are testing different risk percentages.

Nothing as complicated as you are laying out here. Thanks John, Have you heard of Axitrader? I am just wandering if it may be my choice of broker? Hi Ashley, could also be the size of your account. So whether you have 1 or 7 there is no difference. My Max Slippage is set at 3. I am not sure if default is 2 or 3? As I have found info mentioning both of these options.

All my other settings were automatically set as default. John, I just got my 7th win on Fri. That is 7 for 7 on carry over trading from Fri. Also, because of the way the trades were entered, this one was huge. First, thank you for your recommendations on FF. And if yes, then what dates? What do you plan to do? Thank you once again for all your support! How were your results for November? Fury is high win rate but you still need good risk management.. Hi, then set maxtrades to 1 and it will only take one trade at a a time.

That will substantially lower the risk. Although, Fury has proven itself over the past few months and I am not fearful. Would you leave it on with that size account? It won all the trades yesterday though… Yayyyyyyy! Hi John, I have been running Forex Fury on a small live account now for a couple of weeks. I also have Forex Steam running on the account at the same time. Have you tried Forex Steam? So far I am fairly impressed with it. I am going to buy Binary Defender through your site and hopefully between the 3 Programs I will Start making money.

Any suggestions or thoughts would be appreciated. I really enjoy your site. I am signing up with FF but I had questions about the two additional charges. Should I be buying into both or not? I finally took the plunge with FF through your site: Will try the demo account first to get an understanding of how it all works.

Hi John I went with a broker Forex. I have set up FF successfully, and I already have a forex broker, however im not sure how to link the two so FF can trade on by behalf. Hi,john i just newly got the fury software and i have not had a single trade in the last five days thanks. Just go to forexfury. Hi John, Having a little problem with the program trading more than once in several days.

Hi Dodie, I just use the defaults. Check your journals and experts tabs, they will tell you if anything is wrong. I have lost a lot of money trading binary options, but after seeing the forex fury review, I feel I should jump in and get it.

But I am still skeptical and hesitant, so I am wondering, since you have tested the forex fury, could you please refer me to your test results and your present result, so I can take a look. I know I have seen a lot trading binary options, it has not been easy even with signals provider software.

Hi Gift, see these here http: FF is great so far, my demo account went up from 10k to I change the number on max orders but did not trade at all. Thanks John for you honest reviews. Does this Forex robot have the same issues like Forex Steam concerning setting and figuring out what the Offset is for the news trading time?

John, I am looking into this product and asking if it is still working well? I have no experience with Forex. Could you update me? Thanks John for mentioning to your readers FF. I have been testing FF with a demo account for a week and the results are impressive. I am new on forexfury and only getting one trade a day so far. I am usa and use forex. Will my results mirror forexfury 5k account on thinkforex broker.

If not, how do I obtain those results from my broker? Beside turning Friday to false, do u have other recommended setting to change? Like risk or tp setting? I use Forex Fury about 2 days now and im impressed with results. If you want to just google how to. Which is the best broker to use? Im on the west coast? Thanks and keep up the good work!

Like this software very much so far!!! I am running live, but also on demo account. I have tried demo accounts with 1: What is your experience? I am in the USA. Hi Manoranjan, you do not. As you can see in the results on this page the trades are open during 1 hour and usually closed within hours, thus you would only need your computer on a few hours a day. Thank you for your responce and help. John, thanks you for your prompt reply. I have purchased forex fury and I look forward to reporting my future profits Bob.

Please help me understand forex fury verified results by myfxbook. Hi Bob, they are using the settings provided for free on the front page of the website. I trust in myfxbook and Fury. I have had ForexFury running daily for over two weeks on my live account and there have been only 4 trades so far. I certainly understand the Greece news and the spread ate Forex. What current feedback have you received or am I the only one having this problem?

Hi John, Just downloaded Forex Fury.. Thanks for a great honest site. Hi Scott, ThinkForex broker for Fury. I have been using the default settings. Mine traded five days in June with one losing day, nine days in July with no losing days, and twice this month with no losing days. Hi Jennifer, the max spread may help you get more trades. What is your percentage in profit that has happened for you so far? Steve, I actually just took my money out of the forex broker I was using because I found a forex broker with a much lower spread.

My hope is that the forex broker with the lower spread will mean more trades for me, in line with what I am seeing others post. I signed up with the forex broker Forex Robot Nation recommends — the one for clients in the United States. Which broker did you go to and what are their spreads? What is your ratio of leverage you are using? I have gone to Pax however Fury has not traded for me since.

Leverage is at 1: Quite honestly, I turned Fury off today given the current state of the market and will wait a few days to turn it back on. By far the most superior piece of software I have ever seen. I have been racking up 21 wins since I booted the software in the past 3 days and not one loss.

I very much appreciate you taking the time to respond. Or down to 0. Also does forex fury have a way of knowing that it sets stop losses that will be easily covered by the existing balance in your account and not expose you to losing more than you effectively have available?

Yes it does this in the money management as well. If I do, can I use the same broker for the 2 accounts? Still would like your personal recommendation on a broker for this Fury plan best regards. Hi Bob, looks like they are quickly starting to recover from any losses.

They happened due to the news in Greece, the market is erratic right now. When the markets steady Fury will do what it does best, long term winning streaks. Before I start Fury plan and broker sign up, if I buy the two license plan, will fxdd or other broker, accept my two separate accounts Like to know before I sign up. John, fxdd not accepting us clients, they refer to their Malta location.

Thanks, ready to get the program going and I will report programs results. Hi Zeo, yes you can. The Greece news has been tough on the software but it will soon recover once this is passed. Hi Zeo, Good to hear that in regards to binary brain wave. Fury has done okay but I expect it to get stronger moving forward.

Would it be possible for you to make a video to show us how it actually works like you did with Binary Ascend for example? Sorry, but my knowledge is non-existent with forex. When you sign up with Forex Fury, does it automatically direct you to a broker. How would it connect with a broker to trade automatically? What broker do you use with this Fury Forex auto trade system?

What broker do they recommend? Is the fury system fully automatic trading? Hi Bob, I believe in their strategy. You can use any Forex broker you like, I recommend one with a low spread. Their recommendations are all in their members area. Usually, after the weekend, market is very unexpected on the next Monday, as all of us know.

So far, results on their myfxbook are good, but still a short period of time. I am following their results for 3 months, and will buy it then. I hope this will be my final forex robot. In the meantime, if anybody has good results, please share your comments here.

Are you going to be posting your results as apart of your monthly income report and which broker are you using for this? How reliable is the system given that you have used it for a few months in comparison to other robots out there? As with steam being fairly consistent are we in for the same with this product? Hi Deepak, I believe different owners but some of the same team of developers. I definitely see Fury being much more profitable and consistent. I am a sucker for systems, robots etc and am drawn to this software.

However, I have had zero profits from the items I have purchased over the last 2 years, so before I jump into this one could you tell me how you rate Forex Fury against Forex Steam? Hi Jimmy, I like steam but I really prefer Fury. For one, the transparency is unmatched and my trades always line up with theirs, which is exactly what I want. Does the forex fury software comes with a safe default settings apart from their own optimized settings on their webapge? Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed. See more binary options signals and software. See more best binary options brokers.. Software Published on May 31st, by John Forex Fury John Summary: I agree to have my personal information transfered to AWeber more information. Join my newsletter and get free tools, strategies and case studies, I break down my success in binary and help my readers achieve their goals.

I've only sent one email so far this year. Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only.

Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only. Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Related Posts Killer Combo: September 25, at September 10, at 5: September 10, at August 21, at 1: Forex Fury is such a great automated account grower. Thank you for the introduction. I am havin a lot of success. June 22, at 7: June 22, at 9: Good to hear that Thanman.

Forex Fury is still my main automated trading system. September 17, at 1: September 17, at June 14, at May 31, at 4: Perfect compliment to my binary trading like you recommended!

Find out more about the spread. For full details including spreads, dealing hours and margins for all our FX pairs, follow the link to our help area, or download a PDF. It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade. Watch Sara explain the basics of forex trading in less than two minutes. FX prices are influenced by a range of different factors, including interest rates, inflation, government policy, employment figures and demand for imports and exports.

And because of the sheer volume of currency traders and the amount of money exchanged, price movements can happen very quickly, making currency trading not only the largest financial market in the world, but also one of the most volatile. A forex CFD is a contract for difference that is used to speculate on the foreign exchange market.

The further the pair moves in your chosen direction, the more profit you make. But the further it moves against you, the greater your loss. Any profits or losses would be realised once the position is closed. There are two main ways to get started forex trading: To a forex trader, they offer very similar benefits. All are leveraged, allow you to take both long and short positions, and are charged via a spread.

However, there are a few benefits to trading forex via CFDs or spread betting. Spread betting is tax-free in the UK, 1 for instance, and both spread betting and CFD trading offer access to a huge range of markets alongside forex. These markets can typically include indices, shares, commodities, cryptocurrencies and more. Find out more about how to trade forex using CFDs or spread betting, or create an account to get started right away. Forex trading signals are indicators — often integrated into your trading platform — that help you identify the right time to trade a currency pair.

When you trade with IG, you can benefit from trading signals provided by two expert third-parties: As a result, we can only offer Forex Direct to professional traders. To find out more about this, and to check whether you are eligible for a professional account, please see our professional account page.

For our minimum spreads, please see our forex spread bet and CFD details. There is also a commission charge for Forex Direct. Top three forex strategies Five effective forex indicators Best time to trade forex Currency futures Trading apps What is a forex broker?