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FxPro becomes Official Forex Trading Partner of WRC

February 21st, 2010
FxPro, a leading global retail broker in foreign exchange (forex) and CFDs on shares, precious metals, commodities and indices, today confirms it has become the Official Forex Trading Partner of the FIA World Rally Championship (WRC) in a multi-year agreement running through to the end of 2012.
The partnership, secured by Championship Promoter North One Sport, aligns FxPro with one of the premier global motorsports. In 2010 the WRC adventure will unfold over 13 events around the world with some of the greatest drivers, including Sebastien Loeb, Mikko Hirvonen and Kimi Raikkonen, battling it out for the Championship crown in the ultimate test of skill and bravery.
As part of the collaboration, FxPro will have valuable branding and marketing rights at select Championship events throughout the season. In addition, FxPro will bring their own touch of glamour to the sport with the introduction of the famous FxPro Girls.
Denis Sukhotin, Chairman of FxPro, said of the agreement, “FxPro and WRC share great brand values of quality, dynamism, and speed of delivery. As a result, all of us at FxPro are delighted to partner with WRC’s prestigious global sporting events.  We look forward to building on our profile in WRC’s territories and globally online in our key international markets, through strong brand exposure and marketing calls to action.”
Simon Long, CEO of North One Sport added, “FxPro’s commitment to delivering excellence via the very latest digital innovations mirror our own aspirations to retain our position at the very forefront of advanced technologies. We are delighted to welcome them to our family of sponsors.”
About FxPro & sponsorship:
FxPro is a committed, active player in world-class motorsports events, through its partner sponsorship of Virgin Racing in Formula One, and its title sponsorship of the IRC FxPro Cyprus Rally.
About FxPro:
FxPro is the brand name of FxPro Financial Services Limited. Founded in 2006, FxPro is an award-winning, leading global retail broker in the forex (FX) market and CFDs, trading with leverage. Our goal is to become the world’s preferred FX and CFDs broker, while at the same time achieving high returns for shareholders. FxPro is authorised and regulated by the Cyprus Securities and Exchange Commission and operates under the EU Markets in Financial Instruments Directive (MiFID). We serve clients in more than 120 countries, with trading and customer support 24 hours a day, five days a week. For further information, please visit www.FxPro.com.

FxPro, a leading global retail broker in foreign exchange (forex) and CFDs on shares, precious metals, commodities and indices, today confirms it has become the Official Forex Trading Partner of the FIA World Rally Championship (WRC) in FxPro WRCa multi-year agreement running through to the end of 2012.

The partnership, secured by Championship Promoter North One Sport, aligns FxPro with one of the premier global motorsports. In 2010 the WRC adventure will unfold over 13 events around the world with some of the greatest drivers, including Sebastien Loeb, Mikko Hirvonen and Kimi Raikkonen, battling it out for the Championship crown in the ultimate test of skill and bravery.

As part of the collaboration, FxPro will have valuable branding and marketing rights at select Championship events throughout the season. In addition, FxPro will bring their own touch of glamour to the sport with the introduction of the famous FxPro Girls.

Denis Sukhotin, Chairman of FxPro, said of the agreement, “FxPro and WRC share great brand values of quality, dynamism, and speed of delivery. As a result, all of us at FxPro are delighted to partner with WRC’s prestigious global sporting events.  We look forward to building on our profile in WRC’s territories and globally online in our key international markets, through strong brand exposure and marketing calls to action.”

Simon Long, CEO of North One Sport added, “FxPro’s commitment to delivering excellence via the very latest digital innovations mirror our own aspirations to retain our position at the very forefront of advanced technologies. We are delighted to welcome them to our family of sponsors.”

About FxPro & sponsorship:

FxPro is a committed, active player in world-class motorsports events, through its partner sponsorship of Virgin Racing in Formula One, and its title sponsorship of the IRC FxPro Cyprus Rally.

About FxPro:

FxPro is the brand name of FxPro Financial Services Limited. Founded in 2006, FxPro is an award-winning, leading global retail broker in the forex (FX) market and CFDs, trading with leverage. Our goal is to become the world’s preferred FX and CFDs broker, while at the same time achieving high returns for shareholders. FxPro is authorised and regulated by the Cyprus Securities and Exchange Commission and operates under the EU Markets in Financial Instruments Directive (MiFID). We serve clients in more than 120 countries, with trading and customer support 24 hours a day, five days a week. For further information, please visit www.FxPro.com.

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FxPro Financial Services – Green & Clear

February 13th, 2010
LEMESOS, CYPRUS – 13 JANUARY 2010.  Lemesos Municipality and FxPro Financial Services Limited have launched Green & Clean, a major new environmental campaign for the city, on 23 December 2009.  Lemesos Municipality is the largest in Cyprus, and FxPro is a leading online FX broker, with headquarters in Lemesos. The purpose of the campaign is to deliver greater and more efficient Environmental Health Services for Lemesos, for the benefit of improving the public health and hygiene standards of the city. The launch includes FxPro donating to Green & Clean two new ‘Green Machines’ – eco-efficient street sweepers – at a cost of ?50,000.
Lemesos’s Green & Clean is unique for being the first Cyprus Municipality major environmental campaign. Its strategy is to help drive and deliver continued improvements in the public health and environment. The first initiative to be launched is the delivery and services of street cleaning services using Green Machine sweepers, which are also being used for the first time by a Cyprus Municipality.  In only one hour, both machines can clean the equivalent of two football fields – work which, done manually, would instead take two whole weeks to do. The Green Machines are high-specification, eco-friendly and perfectly suited for congested and confined public spaces. They have fuel-efficient Kubota diesel engines, and shred and compact waste by 66% of its original size. These sweepers will operate all day in the Lemesos Municipality, six days a  week, and be run by two of Lemesos’s existing Environmental Health team, trained especially to work the machines.
Speaking about the campaign, Lemesos’s Mayor Andreas Christou, and Louiza Protopapa, spokesperson for FxPro, said, “As the largest Municipality in Cyprus, together with FxPro, one of the most successful Lemesos-based global financial services companies, we are proud to be launching Green & Clean, a major new envrionmental campaign.  It is the first of its kind in Cyprus, not only for its comprehensive strategy and commitment to improve the public health and environment, but also for the use of Green Machines in a Cyprus city.

FxPro is official partner of Virgin F1 Team

LEMESOS, CYPRUS – 13 JANUARY 2010.  Lemesos Municipality and FxPro Financial Services Limited have launched Green & Clean, a major new environmental campaign for the city, on 23 December 2009.  Lemesos Municipality is the largest in Cyprus, and FxPro is a leading online FX broker, with headquarters in Lemesos. The purpose of the campaign is to deliver greater and more efficient Environmental Health Services for Lemesos, for the benefit of improving the public health and hygiene standards of the city. The launch includes FxPro donating to Green & Clean two new ‘Green Machines’ – eco-efficient street sweepers – at a cost of ?50,000.

Lemesos’s Green & Clean is unique for being the first Cyprus Municipality major environmental campaign. Its strategy is to help drive and deliver continued improvements in the public health and environment. The first initiative to be launched is the delivery and services of street cleaning services using Green Machine sweepers, which are also being used for the first time by a Cyprus Municipality.  In only one hour, both machines can clean the equivalent of two football fields – work which, done manually, would instead take two whole weeks to do. The Green Machines are high-specification, eco-friendly and perfectly suited for congested and confined public spaces. They have fuel-efficient Kubota diesel engines, and shred and compact waste by 66% of its original size. These sweepers will operate all day in the Lemesos Municipality, six days a  week, and be run by two of Lemesos’s existing Environmental Health team, trained especially to work the machines.

Speaking about the campaign, Lemesos’s Mayor Andreas Christou, and Louiza Protopapa, spokesperson for FxPro, said, “As the largest Municipality in Cyprus, together with FxPro, one of the most successful Lemesos-based global financial services companies, we are proud to be launching Green & Clean, a major new envrionmental campaign.  It is the first of its kind in Cyprus, not only for its comprehensive strategy and commitment to improve the public health and environment, but also for the use of Green Machines in a Cyprus city.

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FXFlat offers you a high performance and award- winning trading software

January 3rd, 2010
Software LogoThe Online Broker FXFlat offers you a highperformance and award-
winning trading software for spot Forex- and CFD trading. With more
than 2,900 Financial instruments you get all advantages in trading
with leverage and to participate in rising and falling markets. You
can choose between three platforms: FlatTrader, FXFlat Webtrader and a
MobileTrader platform for iPhones, Blackberry, Windows based mobiles
and all other mobile devices.
Our knowledgeable market specialists team provides you with the
highest level of personalised service and support. As an independent
asset manager company, we offer you trading solutions for all markets
and are concentrated to optimize them at any time. Because we
understand and appreciate the demands of global investors we are
commited to providing you with the highest level s of customer care.
FXFlat combinates under one roof – special employees only for Online
trading, great conditions for our clients and a professional asset
management for daytrading. Visit us on www.fxflat.com.

Software LogoThe Online Broker FXFlat offers you a high performance and award- winning trading software for spot Forex- and CFD trading. With more  than 2,900 Financial instruments you get all advantages in trading  with leverage and to participate in rising and falling markets. You  can choose between three platforms: FlatTrader, FXFlat Webtrader and a MobileTrader platform for iPhones, Blackberry, Windows based mobiles  and all other mobile devices.

Our knowledgeable market specialists team provides you with the  highest level of personalised service and support. As an independent  asset manager company, we offer you trading solutions for all markets  and are concentrated to optimize them at any time. Because we  understand and appreciate the demands of global investors we are  commited to providing you with the highest level s of customer care.

FXFlat combinates under one roof – special employees only for Online  trading, great conditions for our clients and a professional asset  management for daytrading. Visit us on www.fxflat.com.

captrader

FXFlat

FXIntel Analyzer compare forex brokers in real time

November 22nd, 2009

fxintel_logoFXIntel Analyzer compare 14 forex brokers (MB Trading, FXOpen MT4 ECN, PFG MT$, InterbankFX, Forex.com, BroCo Investments, IKON GM Royal, UGMFX, Alpari, Windsor Brokers, ACM, RealTrade, FXDD, Gimex-NEXTT) in REAL TIME.

You can compare different brokers’ spreads, ask and bid price.  Now everybody can find best arbitrage opportunities ant take advantage of them.

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Metatrader 4 (MT4) Hotkeys List

November 7th, 2009

List of hotkeys

There are many other useful hotkeys. Here is a comprehensive list:

Left arrow — scroll chart to the left;
Right arrow — scroll chart to the right;
Up arrow — quickly scroll chart to the left or (if the scale is defined), scroll chart upwards;
Down arrow — quickly scroll chart to the right or (if the scale is defined), scroll chart downwards;

Numpad 5 — restores chart vertical scale to its original default. If the scale was defined, this returns the chart back to its visible range;

Page Up — scroll a whole screen to the left;
Page Down — scroll a whole screen to the left;
Home — move the chart to the start point (first bar);
End — move the chart to the end point (last, i.e. most current) bar;

” — zoom out (there are 6 levels of zoom available);
+” — zoom in;

Delete — delete all selected objects;
Backspace — delete most recently added objects, on a last-added-first-removed basis;

Enter — open/close the fast navigation window;
Esc — close any dialog window;

F1 — open the on line help “Userguide”;
F2 — open the “History Center” window;
F3 — open the “Global Variables” window;
F4 — open MetaEditor;
F5 — switch to the next profile;
F6 — call the “Tester” dialog window for testing the expert attached to the chart window;
F7 — call the properties dialog window of the expert attached to their chart window, in order to change its settings;
F8 — call the chart setup dialog window, allowing basic chart parameters, colors, etc to be changed;
F9 — call the “New Order” window, allowing the entry of market, limit, stop orders;
F10 — open the “Popup prices” window;
F11 — enable/disable full screen mode;
F12 — scroll the chart one bar to the left;

Shift+F12 — scroll the chart one bar to the right;
Shift+F5 — switch to the previous profile;

Alt+1 — display the chart as OHLC bars;
Alt+2 — display the chart as OHLC candlesticks;
Alt+3 — display the chart as a line (closing prices only);

Alt+A — copy all test/optimization results onto the clipboard;
Alt+W — call the chart management window;
Alt+F4 — exit the program;

Ctrl+A — arrange all indicator window heights by default;
Ctrl+B — call the “Objects List” dialog window;
Ctrl+C or Ctrl+Insert — copy to the clipboard;
Ctrl+D — open/close the “Data Window”;
Ctrl+E — enable/disable the attached expert advisor;
Ctrl+F — switch to “Crosshair” mode;
Ctrl+G — show/hide the vertical/horizontal grid;
Ctrl+H — show/hide the OHLC line;
Ctrl+I — call the “Indicators List” dialog window;
Ctrl+L — show/hide volume data on the main chart;
Ctrl+M — open/close the “Market Watch” window;
Ctrl+N — open/close the “Navigator” window;
Ctrl+O — open the “Setup” window;
Ctrl+P — print the chart;
Ctrl+R — open/close the “Tester” window;
Ctrl+S — save the chart prices (OHLCV) in a file having extensions: “CSV”, “PRN” or “HTM”;
Ctrl+T — open/close the “Terminal” window;
Ctrl+W or Ctrl+F4 — close the chart window that’s currently in focus;
Ctrl+Y— show/hide date (period) separators;
Ctrl+Z or Alt+Backspace — undo object deletions in the reverse order they occurred;

Ctrl+F6 — switch to the next chart window;
Ctrl+F9 — open the “Terminal — Trade” window and switch the focus into it, allowing trading operations to be entered via the keyboard.

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Metatrader Broker Spread Recorder Indicator

November 6th, 2009

Ok I’m pretty sure someone may have started something like this before but I might have missed it. So I was hoping to rake this up again.

Anyway, I wrote a simple indicator to help me keep track of fluctuating spreads. I was hoping to use these data to decide which brokers are more suitable for auto trading or any trading for that matter…

I’ve noticed IBFX can have spreads on GBPJPY up to 45 pips during “high volatility” periods. And that’s just insane.

you guys can probably help out with this research too.

BEFORE using this indicator, create a folder called “Spread_Recording” inside your

C:\Program Files\Metatrader\experts\files

This “Spread_Recording” folder will be holding all the log files written by this little indicator.

Basically what this indicator does is it will look at the current spread, write it into a file, then record that spread down. upon the next tick, if the spread changes, write the new spread into the log file. If the spread is the same, then don’t write it. This will save some disk space.

The log file name convention is set as

[Symbol]-Spread_Recorder-[Day]-[Month]-[Year].log

e.g. for the spread recording log file for the EURNZD for the day of 4th Sept 2009. The file name will be.

EURNZD-Spread_Recorder-4-9-2009.log

That means Each symbol will have it own set of files. and each day will initiate a new file. This helps in the data reading process.

An extract capture of the contents for each log file is as such.

Download indicator here

Zen_Leow, Forexfactory.com

Forex General , , ,

Multiple broker accounts with one Metatrader platform

November 3rd, 2009
Ever wish you can hop on to another broker’s MT4 demo without having to download it from their site and reinstall it? Well, here’s the answer, with some demo server files you can use.
Background
Meta Trader 4 reads parameters in from a file located in the “config” directory. Essentially, you can take a server file for any broker, put it into your directory, and be able to create a demo account with that broker.
What to do
1. You need to get the .srv file for a particular broker. I’m hoping that folks on the forum will post their SRV files on this thread. I’ll kick it off in the next post.
2. Save the .srv file to your Meta Trader 4 / config directory. You’ll probably see others there already.
3. Launch MT 4.
4. Open a new account. On the second step of opening a new account, the new server(s) should show up in the list (see screenshot). Select the appropriate server.
5. MT4 has a problem where a chart that gets opened only works with the server under which it was opened. So, if you have some charts up based on your IBFX demo, then switch to your Alpari account, you’ll need to open new charts. I solve this problem by creating different profiles for different servers.

Ever wish you can hop on to another broker’s MT4 demo without having to download it from their site and reinstall it? Well, here’s the answer, with some demo server files you can use.

Background

Meta Trader 4 reads parameters in from a file located in the “config” directory. Essentially, you can take a server file for any broker, put it into your directory, and be able to create a demo account with that broker.

What to do

1. You need to get the .srv file for a particular broker. I’m hoping that folks on the forum will post their SRV files on this thread. I’ll kick it off in the next post.

2. Save the .srv file to your Meta Trader 4 / config directory. You’ll probably see others there already.

3. Launch MT 4.

4. Open a new account. On the second step of opening a new account, the new server(s) should show up in the list (see screenshot). Select the appropriate server.

5. MT4 has a problem where a chart that gets opened only works with the server under which it was opened. So, if you have some charts up based on your IBFX demo, then switch to your Alpari account, you’ll need to open new charts. I solve this problem by creating different profiles for different servers.

Stockwet, forexfactory.com

Forex General , , , ,

What happens to brokers not meeting the NFA capital requirement?

November 2nd, 2009

In the coming months, the NFA will require for brokers to have $20,000,000 capital.

From what I understand there are three general choices, although most recently have chosen option 1.

1. Sell the US business to someone else. (ie: ODL USA, Hot Spot, EFX, etc.)

2. Continue on without NFA membership, which seems to be something that no one currently in the biz seems to want to do. Legacy situations like FXDD which is unregulated seem to be the only ones that can seem to get by (for now) this way. GallantFX is a much smaller shop that also comes to mind that is unregulated by the NFA.

3. Somehow operate under the radar if it is offshore based. Visit ACM-USA http://www.acmusa.com/ and you’ll see that the website is just a landing page directing you to it’s Swiss based website. They had a booth at the Traders Expo in NYC last month and were open about accepting accounts from the USA. Kind of a weird situatio

socialtrader, forexfactory.com

Uncategorized

Virtual Dealer Metatrader Plugin

November 1st, 2009

Why would a broker not like scalping?

November 1st, 2009

Why would a broker not like scalping?


Market Makers make money when we open positions. They earn from the spreads (and commission if they so charge).

When we open positions, Market Maker would hedge it against other traders OR they may pass it directly into the interbank markets. During slow Market, brokers may opt to take our position and wait for any other trader to take a counter position – this may take 1, 2, 3 or 5 minutes and if no traders took our position, they will pass it to the interbank. But if my position was closed too soon (and if in profit) while it is not hedged, the broker loose money to me – they wont like it.

Therefore, IF a broker dont like scalping, it implies that they are this kind of broker who play games against the trader. CRAP I wont trade with such a broker.

BurgerKing, forexfactory.com

Forex General