Forex Broker and Trading Software Reviews

Bookmarking demon Scam

2011-01-11T15:41:00.001+07:00

Forex Software Review: Forex Neutrino

2010-02-02T00:08:00.000+07:00

With the start of 2010, many forex traders who were new to the markets in 2009 (or those who have heard horror stories) are coming to the realization that forex trading robots are not what they were hyped up to be. Yes, they have gotten more sophisticated and more complex, but the results for the users has not changed much. This is why many forex traders, beginners and seasoned traders (who were once burned on forex robots), are looking to forex signals software like the Forex Neutrino Signals System.

But why are forex signals better than forex trading robots and how much more will this type of system cost compared to your standard robot? In this Forex Neutrino Review, we will take a look at these questions to determine if using signals software is truly better for users than robots and if the Forex Neutrino is really worth the money.

First, lets take a look at how forex robots work. Users simply install the robot onto their MT4 trading platform, adjust a few settings (if needed), and then turn the robot on and let the robot go to work for them. In theory, this sounds great from a users perspective, until it comes to the point where the robot is making bad trades consistently.

Now lets take a look at how forex signals software like the Forex Neutrino work. Users simply install the software, adjust a few settings (if it calls for it in the instructions), and then let the software run and monitor the market. When the software finds a potentially profitable trade, it will alert the user of the trade, including, entry and exit points for the trade. However, in this case, the user must place the trade manually.

I know for some new traders, this may seem daunting, but its really not. Once you have placed one trade, you will know how to place a trade in a split second the next time. This is why its always suggested to use a demo account to practice on until you get the hang of it.

So why is it advantageous to be able to place your own trade? The most obvious benefit to most traders is that you have the "Option" to place the trade or not. Unlike robots where it automatically places every trade. Secondly, you can put different amounts of risk on each trade placed according to your comfort level. Unlike robots where you have a constant risk amount that can’t be adjusted on the fly.

The most beneficial aspect of signals software however, that most people don’t think about when they first get into forex trading is "learning". Simply put, using a forex trading robot does not provide any knowledge to its user. The user just sits there and watches the robot and in most cases doesn’t even watch it. However with a signals system, the user is placing their own trades, learning from one trade to the next and can improve when bad trades or mistakes are made. On the other hand, robots can’t improve over time, if they start making bad trades, they will continue to make bad trades.

The last benefit of using a system like Forex Neutrino, that goes hand in hand with the above, is that you will have ultimate control over your money. You don’t want to have to place your trust in a robot that you aren’t even sure how it works or if it will profit. You can put your trust in yourself, evolve, learn, and become a profitable trader which you can benefit from for the rest of your life. If forex robots ever work, they usually work at the beginning, but end up losing in the long run because of changing market conditions. But you won’t have to worry about this with a signals software system.

So How Much Does the Forex Neutrino Signals System Cost?

Forex Neutrino is being release on January 19th with a price tag of $97. Now to some new forex traders, this may seem on the high end, but I can assure you this is almost right in line with every other forex robot or other software out there and could be considered on the low end.

For example, in 2009 we saw forex robots being sold for up to $497 but only as low as $77. The normal price for a forex trading robot ranges from $97 to $197. In addition, other signals systems have been released for similar prices ranging from $97 to $147. So the Forex Neutrino system seems to be priced very competitively compared to what others systems have sold for in the past and what is currently being sold.

Get it here if you interested : http://snipr.com/forexneutrino

Thank You

2009-12-27T06:42:00.000+07:00

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Broker Reviews

2009-12-12T11:33:00.001+07:00

These are the forex brokers so far that got reviewed, If you have any suggestion for a broker review, dont be shy and hit the Contact Button. To go to each broker reviews page, just click the text or the image below.Cheers.

FOREX YARD

E-TORO

AVA FOREX

EASY-FOREX

DUKASCOPY

Forex Broker Review: AVAFOREX

2009-12-12T09:11:00.002+07:00

AVAFOREX COMPANY PROFILE

Ava group is one of the world’s leading on-line forex trading brokers, with over 100,000 registered customers worldwide and volumes of more than $20 billion a month. Founded in 2006 by a team of financial professionals and experts in Internet technology, Ava is dedicated to creating the ultimate on-line trading experience.

What makes Ava unique in the world of on-line trading is its user-oriented perspective. While many other trading sites are merely on-line extensions of banking institutions, Ava FX was designed by retail traders who understand the needs of this new and growing market sector. From our multi-lingual, 24-hour support center to our advanced interface design, Ava FX is built around the user. Our proprietary software includes Metatrader 4 platform, and leverages the power of the world’s leading banks and financial institutions while providing consumers with an easy-to-use yet functionally rich trading environment.

Ava FX is backed by a major financial institution with over $17 billion in assets under management and is rated “A+” by an S&P affiliated rating agency. Our company is dedicated to the highest standards of integrity and security and we spare no effort in protecting our customers’ funds, using a thorough understanding of Internet banking technology to do so.

The Ava Group ‘s 100% owned subsidiary, Ava Capital Markets Ltd located in the EU services EU customers .It is regulated to the highest and exacting standards of the EU by the Financial Regulator of Ireland.

WHY AVA FX?

Integrity, service and functionality. By simply opening up a forex account the whole brokerage package is automatically given to the trader, irrespective of the trading size or activity of the client.

Click here for more details on why to choose Ava FX as your personal FX broker

Company's Headquarters

Ava Financial Ltd
Euro American Trust Building
POB 3161
Road Town, Tortola
BVI

EU Headquarters

Ava Capital Markets Ltd.
Harcourt Center
Harcourt road
Dublin 2
Ireland

For other ways to contact us click here

COMPANY STATEMENT

It is our pleasure to welcome you to Ava FX.

In today's turbulent global financial markets, investors are looking for innovative ways to generate returns. FX trading offers investors exciting opportunities and the market for private FX trading is growing by more than 500% annually. In the past, private traders were at a disadvantage in relation to banks and other large financial institutions who were armed with powerful trading tools that the private investor had no access to. Thanks to Ava FX this is no longer the case. At Ava FX you will find an online trading platform that's easy enough to be used by novice traders while providing even the most sophisticated trader with all the necessary tools.

Sincerely,

Ava FX Customer Service Team
customer@avafx.com

VISIT AVAFOREX WEBSITE

SOME REVIEWS

Reuben, Germany

Rating:
Date of Post:	2009-11-26
Review:	I think all negative review about this broker is untrue. If truly one's profits were canceled, that person would report to the Irish Regulatory Agency, and/or Cyprus Central Bank. I've been trading with this broker for appx 2 years and never had any problem whatsoever. Withdrawals were processed between 3 - 5 working days. They never canceled any of my profits, never!. To FPA: I think you guys shouldn't just allow any comment fly over your website. If you knew how much negative comments have made traders miss the good brokers, you'd be careful about approving comments anyhow. Review Moderation Team Note: We do the best job possible screening reviews. Individual trader experiences with a broker will vary. Some fake negative reviews may be from competitors. Some fake positive reviews come from the brokers themselves. Filtering out the fake ones is a challenge.

John, Sydney

Rating:
Date of Post:	2009-11-24
Review:	Scam broker. They delete my winning trades and pay only my deposit. Don't waste your time with this broker.

Chepe, colombia

Rating:
Date of Post:	2009-11-10
Review:	AVAFX is a SCAM my account was totally wiped out in one minute margin and all. It seems they switch an order of .02 lots for one of 2.0 lots and all of the sudden even the MARGIN was gone. When I called I spoke with a Mr Mariano who refused to give his last name a total jerk. They have ignored my emails the address they gave me in cypres do not exist.The names they used are phony made up names such as Natalia del prado, estrella demonte .?????? PHONY PHONY I found out the are an argentine "family" running a VIRTUAL platfom.the owner appears to be man by the alias "Mariano" a well known SCAM artist from argentina located in Cypre hiding from the argentine authorities. Im warning you all AVA FX runs a virtual platform nobody makes money with them and they become the rudest people when you have a problem. Everybody I know is taking their money out before they disapear all together. They are not regulated by anyone is all a SCAM. I will be filing fraud charges with my local interpol office. THEY TOTALLY SUCK SCAM SCAM SCAM SCAM

tomasz salamon, usa

Rating:
Date of Post:	2009-10-23
Review:	I've been scammed by Avafx. Everything is ok until you want to withdrawal money ! They canceled all my profits don't waste your time and money !

Peter Anderson, Australia

Rating:
Date of Post:	2009-10-19
Review:	All I can say is DO NOT use this broker. Poor Customer Service, You won't be able to withdraw your money. It will take ages or forever. They service you well when you have a lot of capital but once your account is low and they don't want to know you. Don't disappointed yourself. Use somebody else, trust me.

victor, Malaysia

Rating:
Date of Post:	2009-06-26
Review:	Heya guys, i have been with AVAFX for quite some time..about 1 year... The pros of this software is the simplicity and easy to use features. However their cons are their unclear guidelines over withdrawal of funds. There are rules which said " u cant withdraw ur initial capital or something like that". Another cons is that their summary news don't make sense to me, They have improved from the time i started off with them.

Evgeniy , Russia

Rating:
Date of Post:	2009-06-07
Review:	I with avafx 8 months. Platform excellent, deals are performed clearly. Entering /conclusion of the deposit according to rules company. Arising problems out of area of the carelessnesses traders and technical troubles from which not who is not insured.Advise to work with them, but AVA further development.

Jorge, Portugal

Rating:
Date of Post:	2009-06-05
Review:	I work wit avafx since one year and no problems, very good broker. Excellent support and payouts

Ranzuko, Costa Rica

Rating:
Date of Post:	2009-05-06
Review:	I have been with AVAFX for 3months now, I have always received a very good service and have had no issues at all, so far, so good

Forex Broker Review: Ducascopy

2009-12-12T08:22:00.002+07:00

Ducascopy Review:

Dukascopy is an enhanced trading platform, a unique FOREX brokerage service with full access to the Swiss Foreign Exchange Marketplace. They are regulated and controlled through the ARIF and the FFA (Federal Finance Administration) for financial intermediaries. This means tighter control with a particular focus on preventing money laundering. Customers are required to supply documentation for proof of identity and the source of their funds to ensure that all dealings are legitimate and legal.

The direct access to the Swiss Foreign Exchange Marketplace means a right of entry to perhaps the biggest pool of interbank FOREX liquidity obtainable anywhere for banks, institutions, hedge funds or professional traders. Retail clients are not serviced through Dukascopy, which is one flaw. Nonetheless, Dukascopy is perhaps the most efficient FOREX broker around, thanks to the combined liquidity of centralized marketplaces and a number of banking-partners, making it the biggest marketplace in the world. There are sometimes daily network volumes that exceed $80 billion USD. Dukascopy uses real-time interbank rates with spreads like 0.5 – 1 pip on Majors, some of the best spreads available in the market. The spread will sometimes get as high as 4 pips on non-major pairs like GBP/USD.

The trading platform is safe, thanks in part to the strictness of the Swiss Foreign Exchange Marketplace. Trading can be done securely online through one click trade to an unlimited number of accounts. You can also trade over the telephone. There is trade desk support available 24 hours a day, six days a week.

The marketplace model keeps Dukascopy free of the exposure risk or a conflict of interest with clients. These are things that you may be subject to through alternative trading structures. This is because the marketplace provides the market spreads rather than creating the spreads itself. Please note however that a commission is taken for access to the marketplace. The standard commission is $20 USD per one million USD traded. Managed accounts will be charged an additional $20 USD per one millions USD traded. The commission is partially reimbursed depending on the monthly volume of the trader. All trades are executed within the network of FX participants and the trading is anonymous.

You can begin by visiting the Dukascopy website. The site is accessible in eight different languages. You may want to begin by reading through the terms of trading through Dukascopy. Setting up a Demo account is extremely easy. It’s just a matter of setting yourself up with a login and password. When you get into live trading there is second level security available through the use of visual encryption secure code. From there, you can choose to run either Java or Web-based software platforms. Friendly customer service (although there is sometimes slight language barriers) is available over the telephone, online chat or through Skype connection that is available directly through the platform.

The demo program does tend to stop from time to time for updates. The demo is good through a one-week period and serves as an excellent introduction to the program’s features. There is a very insightful PDF tutorial around the program in the Help menu.

The program gives users the ability to act and react quickly depending on the market situation. The setup of the windows will allow you to easily monitor the market, examine current exposures, manage positions and view the progress of their equity, leverage and performance. The windows can be resized and moved around based on your needs. The bid and ask prices, volumes and market depth are all updated real-time.

The company positions itself as a large broker and there is a minimum $50,000 account requirement that may unfortunately shut many people out from the experience.

If this account requirement is no issue to you - you are ready for a live account so you can begin trading! It’s a matter of completing the registration process. If you are familiar with other Swiss FOREX brokerage services then you should know that the process is slightly more complicated than just signing up online. You are required to download the paperwork, complete the necessary information, and mail the documents to Switzerland. It is suggested that you email scanned copies or fax first to ensure that everything is sound before mailing your hardcopy.

If you are opening up a private account, you will need to include a certified copy of your passport or any utility bill showing your residential address. For a corporate account it is recommended that you include whatever corporate documents you have available. You will be contacted if anything additional is needed. A standard bank order is needed for deposit to an account or withdrawal from an account. These are all standard procedures for any FOREX brokerage based in Switzerland.

And from there you are ready to trade with low spreads, slippage control, real time tick charts and reliable customer service when needed.

Info

Name:	Dukascopy
Website:	http://www.dukascopy.com
Established:	1998
Country	Switzerland
Platform:	Online
Email:	Info@dukascopy.com
Telephone:	+41 (22) 791 70 50

Advantages

Biggest marketplace in the world
Low spreads, slippage control
Reliable Customer Service
ARIF regulated with known physical address

Disadvantages

$50,000 USD to open an account
Could use more cross-platforms like HUF and MXM
No service for retail clients

:: FEEDBACK & OVERVIEW

Overall Rating:

"Dukascopy is a higher end trading platform. It's high initial deposit and minimum transaction amounts make it better suited to more experienced traders."

Actual Customer Feedback:

"Dukascopy offers pleasant and comfortable trading through its multilingual interface"
Portion of actual user review on FX Sharkscom

"Dukascopy has a great trading platform but no training for the beginner. If you are new to forex you may want to consider a different broker."
Portion of actual user review on Yahoo Answers.com

"In fact, liquidity was so good that the spreads of the major currencies were often 1 pip (in fact I saw instances of 0.5 pip spreads on the EUR/USD)! Yeah, that's right, that includes 1 pip spreads for the volatile GBP/USD!"
Portion of actual user review on Currency Secrets.com

Our Research on Dukascopy Suggests:

According to the general online consensus (where research is based on unbiased, non-vested comments & articles), Dukascopy is an above average Forex trading platform.

Verdict:

Dukascopy is a higher end trading platform. It's high initial deposit and minimum transaction amounts make it better suited to more experienced traders.

Go to the Official Dukascopy Website

:: PRODUCT DETAILS

Company Info:	Dukascopy is a brand name owned by Dukascopy Suisse SA. The domain name (dukascopy.com) was registered under this company in 2000.
Commonly Searched Keywords:	dukascopy, dukascopy review, dukascopy reviews, www.dukascopy.com, www dukascopy com, http://www.dukascopy.com, http www dukascopy com, http://dukascopy.com, http dukascopy com, dukascopy.com, dukascopy com
Company Website:	http://www.dukascopy.com
Min. Deposit:	$50,000.00
Min. Transaction:	$250,000.00
Currencies Traded:	All Major
Spreads:	0.5 - 1 Pip
Delivery Format:	Online Trading Platform (Supports 8 languages)
Deposits & Withdrawals:	Withdrawal Info - Commission on profit withdrawals ($20 per million traded), Withdrawals to credit card permitted. Deposit Info - Wire Transfer or Check
Customer Support:	Phone, Skype and Email

Forex Ebook

2009-12-05T21:08:00.001+07:00

Forex Broker Review: Easy-Forex

2009-11-27T21:03:00.003+07:00

Visit Website

Download DEMO

Easy Forex Review

Founded in 1999 by a group of bankers with years of experience in forex and international banking, Easy Forex Inc is a forex broker headquartered at Limassol, Cyprus with international offices in Chicago, London, Manila, Melbourne, Sydney, and Tel Aviv. As a global operation, the firm has licences in Australia (ASIC AFSL 246566), and the EU (CySEC 079/07). In the US Easy Forex is registered at the CFTC, and is also a member of the National Association of Futures Dealers (NFA).
Unique Features of Trading with Easy Forex

As a pioneer in the retail currency trading business, Easy Forex has implemented innovative solutions to a number of issues related to online currency trading. Their trademark Inside Viewer tool lets traders examine the positioning of Easy Forex clients, in terms of the popularity of currency pairs, open deals structure, and deal direction (buy/sell). In addition the Trade Controller tool is unique to Easy Forex, and offers traders a clear picture of profit/loss scenarios through visual displays.

Easy Forex pledges to realize stop loss orders at the exact rate specified by the client. Buy and sell orders are automated, with no delay in execution. There’s also a freeze rate facility which will either accept or refuse an entry within a few seconds, in order to ensure that connection problems do not lead to faulty trade executions.

Unlike most other brokerages, Easy Forex also facilitates accounts in 12 different base currencies (see the table below. )

Open a free demo account with Easy-forex now

Account types

Easy Forex provides both a standard account for more experienced traders, and a mini account for beginners, apart from various other types of packages on special terms and conditions. The minimum initial deposit requirement is 200 USD, one of the lower in the industry. The minimum transaction size is 2,500 USD.

Easy Forex offers leverage options at 1:50, 1:100, 1:200; in addition to tailor-made packages for the customer. The firm offers mini accounts for new traders apart from the standard one offered for those with years of experience in forex trading.

In addition to forex, Easy Forex clients can trade gold and silver, with oil also being available to non US-based traders.

Deposits and Withdrawals

Easy Forex is very flexible about client deposits and withdrawals. Deposits are accepted via credit card, paypal or bank transfers, and no commissions, fees or spreads apply during withdrawal to a credit card account.

Trading Platform

Easy Forex offers a trading platform that grants the user 24/7 access. Trading is available from 06:00 Monday Sydney time until 17:00 Friday New York Time, covering the entire market action without restrictions. The multilanguage platform can be customized to operate in languages including English, German, Arabic, Greek, Russian, Chinese, Spanish, French, Polish and Hebrew. The trading software is web-based, and doesn’t require the download of any additional application, eliminating many security-related concerns. In addition, and in harmony with the industry-wide move toward complete automation of trade execution, Easy Forex offers its clients an online trading experience that completely eliminates the need for a dealer desk, or other intermediary.

The platform provides real time updates of the trader’s account, with slippage minimized to the maximum extent. The firm’s official policy with respect to slippage is simple and straightforward, in their words, “what you see is what you get”.

The trading software comes with the standard supporting tools including charting services, economic info and indices, and technical analysis tools, which are all implemented as part of the basic package. The economic information is supplied by the world’s most trustworthy and reputable news agency, Reuters.

To ensure 24/7, 365 days a year uninterrupted client access to the platform, Easy Forex operates server farms in both the US and the UK.

Beginner’s Education

Easy Forex offers live training by phone, guided video tours, online chat services, and a comprehensive info center to smoothen the beginner’s experience with forex trading. The support service is renowned for its professionalism and friendly attitude.

Apart from the customary demo accounts that is a standard feature of the industry nowadays, Easy Forex offers a one-on-one training scheme to accompany their demo accounts..

Security and Privacy

In order to ensure the security and privacy of client data, Easy Forex cooperates with Verisign, one of the powerhouses of the internet security and data encryption business. Credit card clearing services are provided by Barclaycard, once again one of the most reliable firms in the financial services industry.

Easy Forex is a transparent firm audited by financial authorities of the nations where it has branches.. Internal auditing is performed by HLB Afxentiou & Partners, a worldwide organization that is a member firm of HLB International.

With a history reaching back 50 years, HLB ranks among the top 15 accounting and business advisory groups worldwide, with more than 1340 partners and 10900 staff in 450 offices.

Conclusion

We recommend Easy Forex for the user friendly nature of its trading platform, the warm attitude of its support staff, and the advantages of its account packages. Great customization opportunities, reliable servers, and trader-friendly order execution policies make Easy Forex one of the best brokerage choices for the beginning trader.

With international visibility, a sound financial structure regulated in three corners of the globe, Easy Forex is one of the more trustworthy and accountable firms in the forex industry. Established in 1999, the firm has been one of the earliest pioneers of retail currency trading, and it is also one of those that have been untainted by scandals or corruption issues. Regulated, audited, and certified, Easy Forex is there to help you avoid the headaches associated with the shady undergrowths of the retail currency trading business.

Easy-Forex Reviews:

Rating: SCAM Submitted by: Good Welsh (27.06.2008 09:39)

Scam, I lost the money I deposited.

Rating: SCAM Submitted by: naan (27.06.2008 10:38)

see for example at
www.easy-forex-warning.com

Rating: SCAM Submitted by: Easy Forex (29.06.2008 11:08)

Stay far away. They provide incentives to their Agents to influence your trades. See www.easy-forex-warning.com for the details and how they cheated hundreds of people. I just am one of many coming forward who just filed a law suit. These guys are world wide and I\'m shocked no one has been able to revoke their licenses to operate already.

Rating: Submitted by: Easy Forex (30.06.2008 16:32)

They provide the best service among forex platforms I have tried. They are fair and always solved any issues I had. I asked them about above individual who is suing them and aparently is a client who lost money on his own actions and is now trying to blame the brokers. He is also violating the law by writing untruthful things in the above website. He does not even have the courage to put his name on the website.

Rating: Not Rated Submitted by: Henk Pretorius (15.11.2008 15:10)

Easy Forex refunded me within four days after a request from me to do so. I found their platform inadaquate compared to Forex.com, I-Forex and Ava Fx. They consulted me open mindedly about the matter and refunded me every cent. I cannot imagine that they are really guilty of fraud.

Rating: Submitted by: GEORGE (03.01.2009 16:43)

I HAVE BEEN USING THIS SYSTEM FOR OVER TWO YEARS. I HAVE MY OWN ACCOUNT MANAGER, ASSIGNED ONLY TO MY ACCOUNT, WHO CALLS ME AT LEAST ONCE EVERY COUPLE OF WEEKS TO CHECK IN, AND I ALSO HAVE ONE ON ONE DEALER TIME, WITH THE COMPANIES DEALER ROOM. GREAT SERVICE. I AM AN EDUCATED ECONOMIST, WITH A SERIES 3 LIC. .(NOT AFFILIATED WITH THIS PLATFORM IN ANYWAY). I TRADE ONLY FOR MY OWN PROFIT, WITH MY MONEY. I HAVE NEVER HAD A PROBLEM WITH THIS COMPANY. THEY ARE AND HAVE BEEN, VERY PROFESSIONAL. THEIR SYSTEM IS QUICK AND RESPONSIVE, AND THEIR CHARTING TOOLS WORK QUITE WELL, FOR A FREE TOOL.

REGARDING SOME OF THE REVIEWS I HAVE SEEN ON YOUR SITE: I CANNOT FOR THE LIFE OF ME UNDERSTAND WHY SOME PEOPLE WOULD GIVE NEGATIVE REVIEWS TO SOME OF THE OTHER REPUTABLE TRADE PLATFORMS AS SHOWN ON YOUR SITE. PERHAPS THEY LOST MONEY DUE TO POOR ANTICIPATION AND STUDY OF THE MARKET. I HAVE SEEN REVIEWS, SUCH AS,\" DO NOT USE THIS XXXX, I LOST MONEY IN ALL MY TRADES\". IN REALITY, THIS IS QUITE COMICAL. PEOPLE REALLY NEED TO UNDERSTAND, THAT WHEN SELECTING A TRADE PLATFORM, MAKE CERTAIN IT IS LEGIT. AS LONG AS THE PLATFORM IS IN FULL COMPLIANCE WITH ALL LAWS AND IS FULLY LICENSED, THERE IS NO REASON WHY NOT TO USE THEM. THE OLD ADAGE...IT IS A POOR CRAFTSMEN THAT BLAMES HIS TOOLS...DOES APPLY HERE. FOREX TRADING, TAKES TIME. IT IS A LEGITIMATE PROFESSION, THUS THE LICENSING AVAILABLE TO THE PROFESSIONAL BROKER. PEOPLE GET INVOLVED WITH FX EVERYDAY THINKING THEY WILL GET RICH QUICK, AND WHEN THEY DO NOT, THEY ASSUME IT IS THE PLATFORMS FAULT IF MONEY IS LOST.
TO TRADE CORRECTLY, ONE MUST DO CAREFUL ANALYSIS OF BOTH FUNDAMENTALS OF THE MARKET AND THE CURRENCY PAIR (IE. LIN. REGRSN. ANLYS) . IT TAKES YEARS TO MASTER AND EVEN THE PRO\'S GET IT WRONG. FOREX IS NOT FOR EVERYONE, IF YOU DO NOT HAVE MONEY THAT YOU CAN RISK WITH FEAR OF LOSS, AND 10-12 HOURS A DAY TO DEVOTE, DO NOT TRADE FOREX. BUY A FEW BLUE CHIP STOCKS, AND CALL IT A DAY.

I CAN SYMPATHIZE WITH SOME OF THE POSTERS ON YOUR SITE. THEIR ARE INDIVIDUALS OUT THEIR WHO POSE AS LEGIT, PLATFORMS, ONLY TO SCAM YOU MONEY. THIS IS SAD, BUT VERY TRUE. HOWEVER, PEOPLE NEED TO BE A BIT MORE CLEAR WHEN POSTING A REVIEW. IF YOU WERE \"SCAMMED\" EXPLAIN EXACTLY HOW, AND FILE COMPLAINTS WITH THE PROPER AUTHORITIES. DO NOT LEAVE A FLAT NEG. REVIEW BECAUSE YOU LOST MONEY DUE TO POOR TRADING METHODS.

TAKE CARE AND THANK YOU FOR YOUR SITE. IF ONE WEEDS OUT THE EMOTIONAL SORT(THOSE NEWBIES THAT LOST TONS AND ARE THEREFORE SORE) IT IS A GREAT SOURCE OF INFO.

GCA, MOBILE, AL.

Rating: Submitted by: yyy (27.01.2009 08:02)

I dont say they are a complete scam, but there is definately some stuff going on that\'s not right. They change the pip spread all the time, charge your creditcard without approval, and withdrawing is difficult.

Last week i wanted to withdraw, and they said firts i had to depostit more money. After that ridiculous request and 20 phone calls later, they said they would cash me out, but colsed my account, very strange. Eventhough i expect my money soon, havent got it yet. So i keep you guys up to date. When i dont get it, offcourse a scam, and even if they give it, i advise everyone to stay away from this company. I did some research and they only one i found that was ok, was dbfx (deutsche bank). It\'s alot harder to get started, new accounts all kinds of forms. And i thought that is just extra work, but now i realise that thats the way how it should be, al the company where you can start within 5 minutes a basicaly a scam, because withdrawing takes forever.

Rating: Submitted by: Richard Naylor (06.04.2009 09:30)

There was a bad call(mistake)on my EUR CAD position on fiday that triggered my stop loss and wiped my account. I told them on monday and my position was restored again. I´ve been with easy-forex for 2 years and so far i belong to the 98% of lossers in forex gambling but they did transfer 200$ to my visa some time back when i had a winning position. If this situation ever changes I will have you informed. So far so good

Rating: Submitted by: Robert (30.04.2009 05:20)

I had a my position closed out due to an apparent misquote on their platform by their liquidity provider. It resulted in a loss to me but the next day they called me up, told me it was a misquote and reinstated my position. I can't imagine many brokers doing the same.

Rating: SCAM Submitted by: fxnewbie (23.05.2009 10:43)

the fact that their chart displays such as small time frame is just intended for presenting you an incomplete picture and make you lose money.

Rating: Not Rated Submitted by: DRAKELAWCENTER (03.06.2009 04:22)

I HAVE BEEN USING THIS SYSTEM FOR OVER TWO YEARS. I HAVE MY OWN ACCOUNT MANAGER, ASSIGNED ONLY TO MY ACCOUNT, WHO CALLS ME AT LEAST ONCE EVERY COUPLE OF WEEKS TO CHECK IN, AND I ALSO HAVE ONE ON ONE DEALER TIME, WITH THE COMPANIES DEALER ROOM.

GREAT SERVICE. I AM AN EDUCATED ECONOMIST, WITH A SERIES 3 LIC. .(NOT AFFILIATED WITH THIS PLATFORM IN ANYWAY). I TRADE ONLY FOR MY OWN PROFIT, WITH MY MONEY. I HAVE NEVER HAD A PROBLEM WITH THIS COMPANY. THEY ARE AND HAVE BEEN, VERY PROFESSIONAL. THEIR SYSTEM IS QUICK AND RESPONSIVE, AND THEIR CHARTING TOOLS WORK QUITE WELL, FOR A FREE TOOL.

REGARDING SOME OF THE REVIEWS I HAVE SEEN ON YOUR SITE: I CANNOT FOR THE LIFE OF ME UNDERSTAND WHY SOME PEOPLE WOULD GIVE NEGATIVE REVIEWS TO SOME OF THE OTHER REPUTABLE TRADE PLATFORMS AS SHOWN ON YOUR SITE. PERHAPS THEY LOST MONEY DUE TO POOR ANTICIPATION AND STUDY OF THE MARKET. I HAVE SEEN REVIEWS, SUCH AS,\" DO NOT USE THIS XXXX, I LOST MONEY IN ALL MY TRADES\". IN REALITY, THIS IS QUITE COMICAL. PEOPLE REALLY NEED TO UNDERSTAND, THAT WHEN SELECTING A TRADE PLATFORM, MAKE CERTAIN IT IS LEGIT. AS LONG AS THE PLATFORM IS IN FULL COMPLIANCE WITH ALL LAWS AND IS FULLY LICENSED, THERE IS NO REASON WHY NOT TO USE THEM. THE OLD ADAGE...IT IS A POOR CRAFTSMEN THAT BLAMES HIS TOOLS...DOES APPLY HERE. FOREX TRADING, TAKES TIME. IT IS A LEGITIMATE PROFESSION, THUS THE LICENSING AVAILABLE TO THE PROFESSIONAL BROKER. PEOPLE GET INVOLVED WITH FX EVERYDAY THINKING THEY WILL GET RICH QUICK, AND WHEN THEY DO NOT, THEY ASSUME IT IS THE PLATFORMS FAULT IF MONEY IS LOST.
TO TRADE CORRECTLY, ONE MUST DO CAREFUL ANALYSIS OF BOTH FUNDAMENTALS OF THE MARKET AND THE CURRENCY PAIR (IE. LIN. REGRSN. ANLYS) . IT TAKES YEARS TO MASTER AND EVEN THE PRO\'S GET IT WRONG. FOREX IS NOT FOR EVERYONE, IF YOU DO NOT HAVE MONEY THAT YOU CAN RISK WITH FEAR OF LOSS, AND 10-12 HOURS A DAY TO DEVOTE, DO NOT TRADE FOREX. BUY A FEW BLUE CHIP STOCKS, AND CALL IT A DAY.

I CAN SYMPATHIZE WITH SOME OF THE POSTERS ON YOUR SITE. THEIR ARE INDIVIDUALS OUT THEIR WHO POSE AS LEGIT, PLATFORMS, ONLY TO SCAM YOU MONEY. THIS IS SAD, BUT VERY TRUE.

HOWEVER, PEOPLE NEED TO BE A BIT MORE CLEAR WHEN POSTING A REVIEW. IF YOU WERE \"SCAMMED\" EXPLAIN EXACTLY HOW, AND FILE COMPLAINTS WITH THE PROPER AUTHORITIES. DO NOT LEAVE A FLAT NEG. REVIEW BECAUSE YOU LOST MONEY DUE TO POOR TRADING METHODS.

TAKE CARE AND THANK YOU FOR YOUR SITE. IF ONE WEEDS OUT THE EMOTIONAL SORT(THOSE NEWBIES THAT LOST TONS AND ARE THEREFORE SORE) IT IS A GREAT SOURCE OF INFO.

GCA, MOBILE, AL.
DRAKELAWCENTER@GMAIL.COM

Rating: Submitted by: new trader (24.10.2009 19:44)

i got sense that there brokers are crooks.I'm with them for last 3 month and i have lost a lot of money for there "friendly" advices.Have constanly pushing for close my trades where shouldn't. Stay away from them and do your own forex studies/researches.

Now, these are the feedback we can gather so far.Feel free to add, so we can benefit from it.Cheers.

Forex Broker Review: eToro

2009-11-27T20:45:00.002+07:00

Visit eToro Website
Download Demo

eToro Review

eToro is a new and innovative firm that offers its more than 50000 clients from all parts of the world an innovative and even fun approach to trading. The American branch of the firm, eToroUSA is an online platform operated by Tradonomi LLC that was established for the purpose of introducing prospective traders to U.S. regulated brokers. Tradonomi LLC. is registered with the CFTC and is a member of NFA (ID:0382918). Visit broker

Unique Features of Trading with eToro

The eToro forex trading platform is designed for traders with little or no experience in trading currencies. eToro’s website states explicitly that the company aims to specialize in the retail section of the forex market. Thus the firm offers the best tools for facilitating the new career of the beginning trader with the most accommodating and user-friendly approach. The eToro philosophy has the goal of connecting the international world of finance and currency trading with the retail trader at the most basic level.

Account Types

Since many beginning traders have little understanding of the forex market, in order to help its clients manage risks better, eToro requires a very low $50 minimum for account deposits, with leverage options beginning at at 1:10 and reaching to 1:400.

Deposits and withdrawals

eToro is very flexible about client deposits. MoneyGram, WesternUnion, Neteller, PayPal, WebMoney are accepted channels for account funding , along with the standard credit card deposits and wire transfers. The minimum deposit with a credit card, PayPal, Neteller, WebMoney or Moneybookers account is $50, and it is $500 with WesternUnion, MoneyGram, and wire transfers. The eToro website offers extensive help and guidance on client deposits. Withdrawal of funds is equally easy, and the filling and submittal of an online form is the only necessity.

Trading Platform

eToro’s trading platform is the most unique in the forex universe. The game like interface, currencies that run marathons, pull ropes or wrestle with each other, the cowboys and sumo wrestlers who fight as your trades move into the red or black, all bring a whole new experience of entertainment and excitement to currency trading. We all know that stress is one of the vicious enemies of a trader; eToro aims to eliminate, or at least reduce the stressful aspect of currency trading with this innovative approach to trading. In order to avoid overwhelming a beginning trader with a vast array of charts and tools for which he will have little use, eToro’s platform is kept clean and clear, with only the most important data displayed to help the trader evaluate market developments better. The most important feature of the eToro forex platform is its user-friendliness: an uncluttered screen helps the trader focus on the price action itself while using low leverage and risking little, until he is able interpret the numerous conflicting signals generated by the bulky technical packages offered by other firms. The trading platform is updated regularly, as the firm is committed to bringing the retail forex community the most satisfying experience through the most up-to-date software in the market. Finally, to ensure that the trader doesn’t suffer unexpected large losses due to neglect or anxiety, the platform will automatically enter a stop-loss order on any new trade that is ordered.

Beginner’s Education

eToro is committed to bringing the easiest and most rewarding forex trading experience to beginners. As such, it offers numerous online tutorials, trading guides, along with the usual demo account. Since eToro is also a community with an active online trading forum, with features public and private chat opportunities, along with extensive networking capabilities, the beginning trader will have more than enough choices for the tools he will use to better his skills. The support staff, forums, and numerous online guides and tutorials contribute to a quicker learning period for the beginner. Since the firm’s stated purpose is to help the beginners get used to trading with the shortest and lightest trouble, there is a wide array of tools with which the beginner can improve his trading skills.

Security and Privacy

To ensure the safety of customer funds, eToro uses industry standard Secure Socket Layering (SSL) technology for encryption of data. eToro doesn’t share crdit history, net worth, or other related income data with any other institution. Operated by leading online forex brokers, the technical staff who develop and innovate on the eToro platform is committed to bringing you the best spreads with the most precise and timely trade executions.

Conclusion

eToro is certainly one of the best offers in the market for the beginning trader. Flexible leverage options, a very low minimum deposit requirement all ensure that the inevitable failures of the beginner can be accommodated without suffering. The user-friendly, fun, and exciting presentation of the eToro trading software may reduce the stress that you’ll suffer as you get used to trading. It’s hard to laugh when your trading strategy or method is proven to be wrong, but with eToro, you’ll always be able to take it easy, just as you should. As the emotional burden of trading is reduced, the beginning trader can concentrate on honing his skills, and refining his methods: there’s no other approach out there that will contribute more to this aspect of your career. Obviously, an experienced trader will have less need of some of the most striking advantages offered by eToro. Still, even the seasoned traders should give eToro a chance to help alleviate the stress of trading: a light attitude, and good humor are always good in life, whether you’re a retail trader of forex, or a trader of the fortunes of humanity, like the US President.

eToro Feedbacks:

Rating: Submitted by: deng z (13.10.2008 17:31)

their platform is easy to use , I made 2000 USD in 2 hours time, however, they called me to warm me that they will close my account cos i have trading too fast and use very high leverage 1:400. they ask me to use 1:100 and close a trade in 15 or more minutes.

and my account balance is still shown 178 USD profit dispite i have been shown as top 3 trader today and made 21xx.xxUSD today on their challenge chart.

I called but my representitive has gone home, I need to get back to them tomorrow.

I will make a review tomorrow depends on how they respond me, as far as I consider, they are legit but don\'t want you to make profit at all.

Rating: SCAM Submitted by: musicjustine, deng z (14.10.2008 10:59)

it is a big scam, you only loss not gain!!! yes, I did made 2800usd in one day. so what, they charge me very heavy commission !!! so actually after the heavy commission fee i made 100 usd . yeah!!!!!!! what a day. don\'t even know if they let me withdraw or not!!!!!! these guys are fake as sh*t. stay away from them!

Rating: SCAM Submitted by: deng z (14.10.2008 21:25)

OK, i can tell you they are scam, i can\'t get money back .i will report to paypal and EU internet watch. they think they clear. they are going to hell

Rating: Submitted by: jackie (21.10.2008 08:20)

looks good, slow support to the guy before me dang, i heard from a friend it happen to him too and they explain to him he was scalping and he should make longer trades, he made about 4000$ since and cashed about 1500$ so i don\'t think they are scam, but as i said they have slow support

Rating: Submitted by: popi (30.12.2008 09:19)

I am for indonesia, I think all company scam in here not scam for me
why???? because I just make withdraw daily with small amount , I join with more than 10 broker now like fxpro, etoro, fxcast ,etc
in daily I just make withdraw 100 USD from each broker, when my balance have reaches 5000 USD I am opened account again with another broker
in a month I can make nmore than 20000 USD, it is very much money from me
so my advice, if you want broker forex stole your money , don\'t stole money from them, like make profit 2000 USD in one days and withdraw it
your broker will not get back your money
I just make big deposit for broker from Indonsia like www.mifx.com, because I can make control to this broker

Rating: Submitted by: Martin (03.03.2009 13:00)

slow support, poor IE based flash software only

Rating: Submitted by: Ihab (17.03.2009 05:09)

I deposited $750 and cashed out $100 so far.
it took me a long time, I don't believe the ones here that say they made a $1000 in one day.

My account manager gave me some excellent tips and made me some money, I think they are a very good company.

Ihab, UAE

Rating: Submitted by: schlafstunde (18.03.2009 09:31)

seit kurzen habe ich mein trading Konto bei eToro eroeffnet. Ich bin positive ueberrascht und sehr zufrieden mit der Plattform und dem Service.

Rating: SCAM Submitted by: Bibi (07.05.2009 11:34)

hi everybody for me eToro is a scam,because I trieded to whithdrawal my money few times and they always said there are something wrong and never did it

Rating: SCAM Submitted by: Micheal (23.05.2009 08:32)

Avoid Etoro at all cost.

Real traders will tell you that. Etoro has a highly innovative trading platform, which is by far the only best feature they have. The downfall starts from there.

The trading platorm is really very slow, hangs up during live trades as well as during trade execution, charts are very unreliable, and shows incorrect data, and the list goes on.

Etoro increases the risk factor by about 10 times for forex trading. If you are looking to learn, etoro is good to get the basics right, but Etoro is not at all recommended for serious traders who have value for their money.

Rating: Submitted by: Nagendra Singh Bhati (03.06.2009 04:31)

It is very innovative forex platform.

Rating: Submitted by: Jason (23.06.2009 20:30)

Tried eToro for ten minutes after downloading. It looks very basic. Nothing is professional about it. There are plenty superior platforms out there like Oanda or any Mt4. Why one chose eToro? A mistery.

Rating: Submitted by: maxi (08.07.2009 08:32)

eToro is the best trading platform for Forex. I earned a lot of money there.

Rating: Not Rated Submitted by: Rob (16.10.2009 23:07)

E TORO IS BIG GAMBLING AND SCAM COMPANY STAY AWY

Rating: SCAM Submitted by: Walter (24.10.2009 23:49)

Big gambling and scam try to get profit

Rating: Submitted by: observer (15.11.2009 00:58)

eToro has no proper policy and their system is faulty, Every night when the market is busy traders cannot log in to the system. Specially when the market is good. The end result is the traders loose money as their positions are automatically closed at stop loss point. further more some details in their system are not correct. As example on 6th November 2009 etoro charts show USD/JPY days low as 89.52. if you check any their system the days low is 89.61 (89.618 is the actual)or 89.62. etoro has closed one of my trades at 89.53 for stop loss and I lost 100usd. Actually the market did not go below 89.61. When I pointed out this to etoro custom support, the last reply I gout is that their QA department confirms their system is correct and there for they refused to refund my money. (That means all the other systems in the world are wrong!!!) This is a day light robbery. closing positions at levels the market never reached! Any one can check this wrong lowest level in etoro system on Friday, 6th November 2009 from their charts.

VISIT ETORO WEBSITE

This is the review and feed back from several people on the net...If you want to add the feedback, please do not hesitate, just Click Add Review below: Let's digg and strip all this broker :p. Ok Have fun and behave kids.

Forex Broker Review: ForexYard

2009-11-27T14:19:00.010+07:00

ForexYard

Website:

www.forexyard.com

Headquarters:

Salt Lake City, UT, USA

Phone:

1.212.796.6939

Regulated By:

NFA/CFTC (US)

NFA ID#:

0326091

Founded:

2001

Free Demo Account:	Yes (open a demo account)
Mini Forex Trading:	Yes
Minimum Account Size:	$100
Minimum Trade Size:	1 micro lot ($100)
Customers:	Retail investors, sophisticated money managers, and introducing brokers.
Languages:	English, Arabic, Cambodian, Cantonese, Chinese, French, German, Hindi, Italian, Japanese, Korean, Mandarin, Polish, Portuguese, Russian, and Spanish.

Services:

You will find with ForexYard trading platform an easy and fast access to the forex market.
As we could quickly realize, the platform features advance charting, clear reporting, trade from the charts, all the majors and some exotic currency pairs, Oil, Gold and the rumor say that they will soon add CFD’s on indexes.
Their customer service has been outstanding with us and the feedbacks we received from our readers were always positive. Also, if you like to be taken care of with personal touch, they do have some special promotions for their loyal customers.

Spreads:
EURUSD	4
GBPUSD	9
USDJPY	3
USDCHF	7
AUDUSD	5
EURCHF	4
EURGBP	7
GBP-CHF	13

Ok this is what other peoples say so far related to this broker (below), after that..please give a review and rating, so we all can make a good measurement and find the suit broker to our-self. :-D.

FOREXYARD Reviews:

Rating: Submitted by: Etim Onuji (16.06.2008 11:54)

Good executions and very fair company. Let me withdraw money that I profited and seems to not care if I lose or gain.

Rating: SCAM Submitted by: Bobby (17.07.2008 20:28)

Forexyard is definately a scammer. You will never get back your money that you withdraw. Watch out for a dealer by the name of Tom Valente. Whatever he said, DO NOT BELIEVE HIM !!!

Rating: SCAM Submitted by: Newbie (21.09.2008 05:10)

I am a very new trader with no experinece, and told them this fact.
The problems that I had with The Forexyard
1)It did not explain to me that they are Market Maker company which makes big different.
2)It does not have an honest advice for newbies in that they did not advice the new trader of the mistaken movement in the market
3)If I had known that they were the other side of my execution orders then i would and never and never trade with them..........they did not tell me this fact

Basically I did not like their attitude at all of trading against the traders not in their favorite, but it is a way to make money if we can say it is making money in legitimate way of fooling newbies and take their money without a trustful direct advice for a non experienced trader.

Yes this happened to me and lost money, but it reflects the fact of this Forexyard company and how they deal with newbies and how they drive your thought at the start without being an honest business firm.

I would say it is very SCAM

Rating: Submitted by: JorgeH (12.12.2008 21:59)

I do not believe it is a scam at all, personally I have not had any problem at all with them only that the supermini account is real fast but when upgraded to standard account is real slow, the dealing desk for the standard account is too damn slow that it may take minutes to close a position when is high volatility and lose a lot for that, just don\'t upgrade your account.

Service is great, platform is very limited, you can not customize your indicators too much and they do not have any support on that, they only tell you that they working on it and that a new release is near and it will be fixed by then, but the fact is that they don\'t know sh*t about it.

Rating: SCAM Submitted by: Zahid rafique (05.03.2009 04:34)

Respected All, Forex yard is a non registered company and do not give back a big profits

Rating: SCAM Submitted by: Faith (12.04.2009 10:32)

Tuesday,21 of August 2008 , I opened up a forex traders account(SuperMini) with a company by the name FOREXYARD.COM.
Something I today certainly regret ...After some suspicious readings I
started to "clock" them and ran 3 traders accounts simultaneously while trading as I have earlier been pretty puzzled over a few things regarding the occasional timing versus movements of the chart indicators and the "data-feed" FOREXYARD provide for their clients.Cant say I was surprised to find that the feedings & readings simply didnt "match" and the synchronicity was a joke...There
is no question in my mind that these folks is simply making a living on
stealing other peoples money by introducing the necessary oscillations
in your quotes to help you lose so they can pocket your balance...

Today I have gained more experience and knowledge and do realize that
virtually all forex brokers are bucketshops.They don't really buy or
sell the currencies for you when you place orders.
They just keep your money, and simulate trades (bucketing), since most
traders lose money, they make every dollar their clients lose.

I showed my "readings" to some of my friends that also enjoy the world
of trading whom suggested that I send my
screenshot-chart-signature-material in its entirety to the
NFA or another larger investigating body for a comment but I thought I
would first post my experience on the Forexrealm wich seems to be a good place to start with.

I was thinking , couldnt a forex chart signature from that very day and
minutes perhaps be seen as a "historic fingerprint and evidence" when compared with true market activity?

18th of April 2008 I lost 600 dollars on their methods and decided
after a large number of letters to them without any results or refunds
of any kind to withdraw my remaining 324.99 USD wich I did on 29th of
December 2008(see copy below).
Until this very day I have still neither heard from them or received my
withdrawal...
I have read at other forums about other peoples unability to get their
own money back after withdrawals from FOREXYARD.COM so ,again, Im not
surprised...

----------EMAIL COPY OF MY WITHDRAWAL ATTEMPT---------------------------

Date Mon, 29 Dec 2008 8:01 AM ( 4 months ago )
From "FOREXYARD Withdraw Request"
To "Myname"
Subject FOREXYARD Withdraw Request (TRID: 314446)

Dear "xxx",
Your withdrawal request of 324.99 USD from SuperMini Account #1573 has
been registered. The transaction will be applied within 96 hours. Until
then you still have the opportunity to cancel your withdrawal and return
the sum to your FOREXYARD account. Your Transaction ID is 314446.

FOREXYARD Customer Support
TEL: 1-212-796-6939
support@forexyard.com
https://www.forexyard.com/

------------------------------------------------------------------------
Despite many things , I do enjoy forex trading and the "gambling
factor" thats involved in it.
Nevertheless I have worked hard for my money and it doesnt exactly make
you happy to see your hard earned money get stolen by these unscrupulous
figures.A loss is a loss and its something I would certainly accept as
long as it happens in a fair and natural trading enviroment.
This was the way I felt as a beginner anyway..Today I know considerably
better....

So what should I do? I certainly would like to get my money
back,preferably the whole sum of 1000 USD...Shouldnt I be able to sue
them ?

I wonder how these folks sleep at night? Perhaps thinking just before sleep , "Another good days work "...Sad group of people...

Thank you for your time...

Faith...

Rating: Not Rated Submitted by: bhavesh (07.05.2009 04:45)

forexyard is 100% scam

i have deposit 300$ i earn 1000 $ on it

i ask them withdraal they told mee that we only take loss we donot pay the profit

the compnay account manager told that we are here for taking fool people money

i will complain this to visa or paypal
so that this company must be banned

Rating: SCAM Submitted by: ANN BROWN (12.05.2009 06:14)

TRADED WITH THEM IN MY EARLY YEARS i WISH I RED THIS REVEIW STAY AWAY

Rating: SCAM Submitted by: emmanuel wugate (14.05.2009 04:38)

i really want to know how to get my money from this broker, they are thieves, they caused me pains, they will not pay your money so trading with them is just wasting time and giving your money to robbers, they ignore your mails and keep posting you and saying "we have a delay in processing you withdraws" if any one can help me get my money from them if willvappreciate. eme.cool@gmail.com

Rating: Submitted by: Charlie Emmet (18.06.2009 07:39)

I don't quite understand the bad reviews about those guys.
Been trading with them for 8 months now, and i truly feel like they are one of the best brokers around.
Fast execution, and great service.. Very recommended.

GO TO FOREXYARD HOMEPAGE

Contact Me

2009-11-25T06:09:00.004+07:00

If you have any suggestion, ideas, critics or anything you can mail me ensonas@gmail.com or simply use this form below. Make sure you fill all the box with correct data. We will not abuse your personal data. Yes..we hate spam too :-D.

Forex trading companies set eyes on the novices.

2009-11-18T19:43:00.000+07:00

Are you looking a Forex trading company, yet you are also new to trading Forex and aren’t sure which trading company is best for you to sign up? Let’s talk about some unique Forex trading companies and the several advantages as well as disadvantages of each one. A first move to take is getting a little background knowledge on Forex in general.

What Exactly Is Forex?

The word Forex is actually a slang term for “foreign exchange” trading. What Forex traders do is to leverage the exchange rate differences of money that is used throughout the world to make a money through trading foreign currency. What Forex trading companies do is hire brokers who end up making trades for investors.

Forex For Beginners

If you are a fresh soul (lol) to the arena of Forex trading, search for several elements in a company that does trading that will assist you in developing Forex trading experience while not end up losing too much money in the process.

Training Account For Free

For those that are beginners in Forex, you should attempt to locate a Forex trading company that allows you to do trading of foreign currency without cost. This is accomplished in many places as a ‘game account’. They let you play with ‘virtual money’ for a trial period of training.

Sponsored by Automated Forex Trading

Some of Forex trading companies are hoping to aquire your Forex trading business, so they make available free virtual $10,000 account that you can experiment with in a simulated Forex trading scenerio. Ten thousand dollars in virtual money is typically enough money to get your feet wet (at least you learn how to operate the software), so to speak, in this type of trading prior to you taking the plunge with your own real actual money.

Forex Education For Free

It is a good idea to take advantage from the Forex training available for free that many companies offer. Some of trading companies make available seminars that are online to present to new investors ways in navigating the Forex trading system.

If you're a do-it-yourself type of person and prefer to teach yourself, you can try an online tutorial; you would be amazed at the amount of information you can learn when watching a short tutorial. If you would rather have an in person experience compared to the isolation of cyberspace, you can also attend a free in person seminar.

Course For a Fee

An additional alternative for learning the Forex trading environment is to spend a fee for these classes. The benefit of these types of classes is that you take away an individualized strategy for your Forex trading account.

Forex Discussion Board And Chat Forums

One of the techniques that many up and coming forex investors use is that of going through discussion boards and chat rooms. These boards have plenty of info in regards to ways to start in Forex trading and some recommendations on which Forex trading companies are available.

Recommendations

Based on some criteria such as free training accounts as well as free educational Forex offerings, you might want to do your research and due diligence into some of these; Signals-Forex, CMC Markets, Forex Systems, GFT Forex, FXSolutions, EToro, and Pro-Forex. You assume full responsibility in your choice of course.

Currency Trader Magazine

2009-11-18T14:38:00.001+07:00

Hello there. I’m not sure how many of you read or have heard about Currency Trader Magazine, but I’d like nonetheless like to let you all know that their November issue is now out and available for download. By the way, I’m in no way associated with the company that publishes this magazine.
Go here to download this latest edition:
http://www.currencytradermag.com/downloads/index.php
Happy reading!
Cheers,

Merry Christmas...

2008-12-24T13:49:00.004+07:00

Hello folks,

Christmas arrive, joy and peace everywhere.Hehehe.Wow, it's so fast and just like that, it's Christmas again. I wanna say a very Merry Christmas to all those who celebrate and happy holiday to others.Hope this year become a white Christmas and let there be peace in your heart and soul. /Pheew..what i've done this year? Need to stop and think for a while.I guess all of us need to do the same.Resolve the life, and maybe need to face our lil demon to make a step forward. Then so be it.:).
Hehehe Im always love Christmas, not that Im a religious one but...oh c'mon..think of the shitload of cake and drink that u'll have in the neighborhood, it's free and above all, you can socialize with other...which in my case..I have no time to do so in my daily life. So it's always excited to know many new peoples, small talk here and there :D and the cake?? wholla..they always look so damn delicious.It's not that I cant afford to buy, but the atmosphere always different :). Jingle Jingle little star....heheheh...Joy to the world then and to you.Peace and Out !!!
PS:I'll be off till next January, so see you next year guys.Remember...be home for Christmas..spend a good time with your homey or family..as for me...geez I really hope it will be with my nang :)

Some Reviews on Major Currencies

2008-12-08T18:31:00.008+07:00

Hi folks,

:) it's a big holiday here on my country for those Muslims..Happy Idul Adha.I dont celebrate it as Im a Protestant but it's a common thing to say to another on their big religion day. Ok first thing first..Did it.Now let's see some market review.I got a trade on GBP-USD..Planning on enter the Euro as well but still waiting for my price to reach and will act accordingly if that happen.The Market seem very active today.Last friday we got a NFP.

Employment peaked in Dec. 2007 with 138,078,000 jobs in the economy. Through the first seven months of the year, a total of 655,000 (-0.47%) jobs were lost. For the three months from Sep. through Nov. 1,255,000 jobs (-0.90%) disappeared, which means we've lost 1.91 times as many jobs in the last three months as were lost in the previous seven. Put another way, the economy has lost 1.38% of its jobs from the Dec. 2007 peak, with 65.67% of the loss occurring in the just past three months alone.

Looking at it on a per month basis, the average loss of jobs has gone from 93,571 in the first seven months of the recession to 418,333 in the past three, an increase of 347%. And remember, the Oct. and Nov. numbers are still preliminary and likely to be revised downwards.

Ok Let's take a look on the chart now.

The GBP:

Actually I got a trade since friday on the long position and already close that one now taking a short order.Pretty neat huh on catching the price on the upper median line :). My main reason to take this order is that the price touch my MA as the Res and I took it aggressively by the thinking that if the price did brake the MA (the pink one), then there will be no pitchfork setup ( Please understand that pitchfork on down move will be valid if the median line pointed to down side (on this case nearly a flat pitchfork setup) that's why I said, I took it aggressively to anticipate the pitchfork setup and it did worked out nicely.As I typed the price already move +100 pips from my entry point.If willing to see if the price will down to the Median Line on 1.4780 ish..well time will tell right?

The GBP update::) Big catch on this signal since the price met the ML on 1.4750 ish and go down even more.Nearly 250 pips catch on this signal.So it a complete one.

The Euro:

This setup on Euro actually looking good.All I have to do is waiting the price to test the upper Median line then it's a go to me. Or maybe if you afraid of being late to jump on the boat, you can enter a half order now and if the price do retest the UML, then you can add another half.As for me, I will enter a half then wait for another half.But hey..that just me :)

UPDATE: This is the only signal that not proven to be a good one.The price go up to retest, then brake up the UML (Upper Median Line) and now sitting on the 1.2880 ish and even show an uptrend move LOL.Well my bad then.

The UJ:

This Pair..hmm Im not so sure about this pair now.You see, the price right now already half way to the median line, so kinda tricky to get in.Since to me it can go to each side for now.So becare full with that.

UPDATE:The UJ Made it to the Median Line on 92.51 at first, the rebound then touch the Median Line again at 92.23..so it's a complete pitchfork now.

The Geppy (GBP-JY):

We got a Pinbar here and now we wait for the price to confirm the setup.For those who trade Pinbars, InsedeBar or maybe Outside bar, Pls give a close watch, since you cant trade it just by the pinbar rule, I mean you have to combine it with another rule such as Pivot Zone or maybe Sup and Res.

UPDATE:The price go down for 300 pips since the opening of the very next candle after the pinbar..so it's mean the trader that trade this signal could generate around 100-175 pips.

Geez..took me about 20 minutes to write this post and the price already go up and down ever since heh.Ok good trade folks.

Update

2008-11-28T19:34:00.003+07:00

Hi all,

Call it a week and a month I guess.The price drop nearly my tp (lowest as I type= 1.5254). So I guess Im gonna close my order..I know it still minus around 20 pips from my tp but It's ok to me.It's already 7.30 pm on my country so it's time for me to resign and have some rest for the weekend.Hope you guys doing good.Thx and Nice weekend all.Next month..Wow..next month December already.Xmas and and New Year are on the way to us.Damn I love December.

GBP order

2008-11-28T17:27:00.007+07:00

Hi all,

Hmm I dont know if it just me but anyone feel that the market turn out to be so slow today? It get me thinking since usually the Pound in this kind of state is another sign that a big wave coming. I took a short order on 1.5416 and my first tp 1.5250.According to the pitchfork setup, the tp should put on the zone of median line which is on 1.4900ish area but it's a 500 pips journey down turn, so that's why i put my first tp on 1.5250..you know..secure it first :) (well that's the plan anyhoo..time will tell the truth).Ok..im outta here folks..time for some quality entertain.Peace and out.

The Chart Is Dead !!!!

2008-11-28T14:28:00.002+07:00

Hi all,

Here come Friday :).Im always love friday for some reasons. The weekend holiday, release of some Japanese Manga, Last day of trade on a week and bla bla./phew the Asian session quite a stall on the chart.Let's see what London bring us.:).Im boring here in front of my monitor. So far no execute trade but I want to see some setups on weekly.Ok folks take care.

GBP Pinbar-Update

2008-11-26T19:48:00.004+07:00

Hi folks,

The GBP Pinbar setup working fine so far.It already produce 130 pips as I typing. My Trailing stop already activated and now watching closely to seal the deal.:) not bad at all. At first, my target is 100 pips but now the price drop around 130 pips..I really dont mind at all :)..ok good pipping all.Parlenk over and Out

GBP Pinbar

2008-11-26T17:40:00.004+07:00

Hi all,

I got a pinbar setup on GBP. You can find it on h4 and also on h1.Both already trigger and if you jump in from h4 signal, should be on positive track right now. I hope u notice that too.This order have to watch closely since I found out that pinbar lately produce just a few bucks since the price usually turn so fast and finally wipe out the signal. It's a 40-60 SL order to me but will let the TP open since I plan to close it manually or if the price keep down then a Trailing will come in play. Good trade all.

A Tribute to My New Nang

2008-11-25T15:02:00.003+07:00

Hi all,

I got my self a "nang" and Im happy about it. She is great and so damn easy going,with smart naughty :) (which by all means..kinda like it lol). I never see this coming along the way.Just like that..and whollaa..and i said..im gonna call u "nang" from now on..then she said Ok..lol hopes she aware what she get her self into.As the story goes by..it just like a de javu..late nite call, pride here and there, teasing, some serious talk and the other stuffs. I got a big love once and im happy that was not meant to be. Bon Voyage, here I come.

PS:This post is not a trading material LMAO.So pardon me.

UPDATE:Yeah right..just couple minutes after I wrote this post..we have our first fight :) heh

USDCHF

2008-11-14T19:16:00.005+07:00

Hi all,

Look like the setup from the USD-Jy was a waste since the price never test the down median line but go straight to the middle median line which is the target.So no hurt feeling. as for the Looney, the last candle become a ugly pinbar..why I said ugly since the place is not so good, but cannot helped about it heh. Yet I took a half order on the left projecting eye and will add another half on the brake/confirmation of the pinbar.Phew already Friday lol, but the heck with it Im still jump in anyway and let see what next week bring us.Ok folks hope u doing great and happy weekend, it's been a nice week and month so far.Parteee time boys.Bon Vayage

UPDATE:This is a negative trade ..the price down for 100 pips but only to rebound and wipe me out for 75 pips lol.well it's just a trade.Happy pipping all.

Some Potential Setup

2008-11-13T17:51:00.003+07:00

Hi guys,

Everything move well? :D well I got this some potential setup on US-JY(4HR) and daily USD-CHF. On the Looney, have to wait the last canlde settle (this day candle) and see if the candle perform a reversal pattern.If yes, a good setup will came along since the other requirement already met. On the US-JY the setup already went well, all we can do right now is spot the price if it retest the down trendline and then jump in when it does.So I guess time will tell.Please remember this is a 4h and daily chart so be patient with it.Thx

Scout Order

2008-11-12T15:39:00.004+07:00

I just put an scout order on Eur hourly..I got a pinbar and a pitchfork setup but overall on bigger timeframe there is a big chance that the price will go north.That's why I said this is a scout order with a small lot and 2:1 ratio.If the price turn and go north, it's fine but if the price keep dropping then I'll add another 0.5 lot.I will trail this order with 40 trailing stop.Ok folks happy pipping.

UPDATE:Just close my order with 80 pips profit.Have to go to meet a friend and probably wont be back till the asian market the next day so cheers all.Below is the picture of the Eur chart after I enter couple hours ago.I did down for 98 pips from my entry but only manage to catch 80 pips profit.

NFP on the way

2008-11-07T18:05:00.005+07:00

Hi all,

This is my current trade.I just execute it using the pitchfork.The price reach the Median Line while the Stoch on the 80 area, and the candle formation perform a spinner top.I put an upper trendline too to see if the price try to reach it as well but my biggest concern is the news that coming in the couple hours ( NFP- US) this is a major fundies so will have to watch this order closely. Please remember that this is Friday, means the last trade of this week, some trader said a "take profit day" yeah right..I simple disagree with this term :). Anyhow happy pipping.Cheers.

UPDATE:This order met the tp yesterday.Sorry to update late.:) cheers all.

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