Archive for the ‘Forex Trading - The Full Review’ Category

The Full Easy-Forex System Review

Saturday, May 1st, 2010

Hi John here.

I was able to do a Full Review of the Easy Forex System for you.

So, without further ado…“Here’s The Most Comprehensive Review of Easy-Forex System on the ‘Net”

No fluff, no filler - Just what you want and NEED to know before purchasing.

Note: This is a review,

 

Click Here to Go to The Easy-Forex Website.

 

 

Well, - What Exactly is Easy-Forex System?

 Easy-Forex offers a number of tools that may help you in your trading:

  • The Inside Viewer lets you see what other traders are trading on their platform. You can view the popularity of currency pairs, deal direction and open deal structure
  • The Trade Controller is the ultimate visual trading tool which gives you a clear and complete picture of all profit/loss scenarios
  • The Trade Simulator lets you open and close some deals in a live, real-time trading environment without using your own funds - a good way to try out the platform or test some trading strategies
  • SMS alerts for currency rates, deal closure or limit captures
  • Freeze rate allows you to ‘freeze’ the displayed rate for a few seconds before you confirm and open or close a deal
  • Live one-on-one training
  • Webinars on trading strategy
  • Live Chat
  • Daily and Weekly Outlooks, also archives of previous outlooks
  • Live News and Videos center
  • The Financial calendar has the dates and times of economic indicators. Here you will also find a description of these indicators
  • Multiple charts and ways of viewing them are available to assist with technical analysis.
  • News feed from Reuters
  • Interest rates table of available currencies for trade
  • Currency Rates Matrix of available currencies

Easy-Forex deals are dependent on the FX market, which is dynamic and changes all the time. The fluctuations in the market, in currency rates, and in other parameters, affect their fully automated pricing engine. This is why rates and premiums may change all the time. For your convenience, they developed the currency rates table which displays market data in real time and can give you an indication as to whether the rates are going up or down. When the rates in the bar are green it means they went up since the last update, when they are red it means they went down since the last update.

They always advise all their clients that foreign exchange trading does involve substantial amount of risk. With Easy-Forex you cannot lose more than your ‘margin’, the money you are prepared to risk plus the daily rolling fee if you have entered a Day Trade transaction. Profits are unlimited but you can never lose more than what you initially risked. However, risk only what you can afford.

Click Here to Go to The Easy-Forex Website.

Easy-Forex has four account types with different margin levels and spreads involved. For frequent traders tailor-made accounts are also available. You can speak to their Easy-Forex Account Service Manager to help you decide which account is best for you.

Mini:                  $5,000 minimum deal                    $200 initial deposit

Gold:                  $50,000 minimum deal                  $500 initial deposit

Platinum:           $250,000 minimum deal                $5,000 initial deposit

VIP:                   $500,000 minimum deal                $10,000 initial deposit

  • Sharia (Islamic) Accounts are also available

Easy-Forex offers trading accounts which adhere to the Islamic law (Sharia). With Islamic trading accounts, when traders extend their Day-Trading deals to the next day, no rolling fee is charged. Accordingly, the maximum duration offered for Day-Trading deals is limited (usually 1 week but it can also be shorter or longer depending on the currency pair traded).

 

The Bad Points

Obviously, Easy-Forex’s not perfect. Here’s what I didn’t like about it:

  • Duplicate e-mail confirmations cannot be issued. E-mail confirmations are generated only at the time of the deal. If you need to reconfirm your deal, you need to call their customer support center. However, you do not need the e-mail confirmation to manage your deal, so all you need to do is check your account and position. The e-mail is sent merely as a convenience for customers so that they have an additional record of their deal details.

 

  • When you register with Easy-Forex  you are required to fax, or scan and email, your passport or ID card; a bill or statement (e.g. telephone bill, bank statement) showing your residential address; and both sides of your credit card. These seem to require a lot of documentation to register. However, they are doing this to ensure the safety and validity of your account.

 

The Good Points

  • The innovative technology of the Easy-Forex Trading Platform means no software download is required, you can trade in real-time online. This means you may login to your account and trade anytime, from anywhere.
  • The Easy-Forex system enables you to trade with small amounts. Starting to trade with small amounts is the best way to get acquainted with the Forex marketplace. After getting familiar with the system, you may increase your level and scope of activity, as you see fit. However, transaction of Forex instruments can contain a substantial degree of risk. Using leverage in foreign exchange trading may lead to a loss in excess of margin or deposits; therefore, do not invest money you cannot afford to lose.

 

  • Easy-Forex  executes your set rates, including Stop-Loss and Take-Profit rates, by using the latest technologies. They are committed to the principle that you should not lose more than your Stop-Loss amount at risk, as defined by you. As well, per your pre-set Take-Profit rate (if you choose to set such rate) your deal will be automatically closed, exactly on your pre-defined rate. Needless to say that you can change those pre-defined rates, Stop-Loss as well as Take-Profit, at any time while your deal is open.

 

  • Their transparent system assures you that with Easy-Forex you pay no commissions for the deals you make.  Easy-Forex acts as a market maker  and makes its earnings from the spreads that are embedded in the currency rates. In the “Day trading” zone you may roll over your positions to the next day, and then you pay a small renewal fee. Also, you are not charged for profit withdrawals or deposits.  

 

Last Word

Easy-Forex provides an e-Book for you to learn about currency trading. Find out how to make a Forex deal step-by-step, what technical and fundamental analyses are, and strategies and training for success.

On the other hand, Easy-Forex also have the MT4 platform. This is an ideal platform for advanced traders looking for extensive technical analysis tools. It offers multiple order types, 85 Pre-installed indicators and analysis tools, multiple chart setups, automated trading and 20 years of historical data for back-testing Expert Advisors. This platform offers a great solution for Money Managers with a multi-terminal application which can connect to the multiple clients trading accounts. And if you want to trade on your Windows smartphone, then MT4 is the platform for you.

The Full Forex Trading Strategies Review

Monday, December 7th, 2009

Hi John here.

Thanks for being patient and at last the Full Review has been completed.
So, without further ado…

“Here’s The Most Comprehensive Review of OmniForex Signals on the ‘Net”
No fluff, no filler - Just what you want and NEED to know before purchasing.

Note: This is a review, Click Here to Go to The OmniForexSignals Website.

Well, - What Exactly is OmniForex Signals?
OmniForex is a service that provides users with indications as to when it is a good time to buy or sell on the foreign currency trading market.
OmniForex features something that has never been done before. Three I.T. experts united and created an automated Forex trading system that:

A) Turns the smallest amounts of money into tens of thousands of dollars
within a couple of months

B) Works fully automated - even while you sleep!
Inside the Members Area you’ll have access to the 3 trading strategies with their ready to use signals, real time Forex market quotes and an outstanding variety of updated Forex Market news.

members area

members area

members area

members area

Furthermore, you’ll find a detailed on-line manual with Forex basics, FAQ, Glossary, thorough instructions on how to use the signals and settings page where you can switch between the 3 trading strategies to suit your schedule. They also provide for you links to the top online brokers. Basically, everything you need in one website! A user friendly interface, helpdesk to answer all your questions and has all the knowledge you need in order to start trading. No more brainstorming, just use the simple signals, click and WATCH YOUR MONEY GROW!

Click Here to Go to The OmniForexSignals Website.

OmniForex’s incredible in-built money management rules mean that you will never see your profits wiped out with a single bad trade… A problem many other system fail to solve.

OmniForex simply thrives on the present volatile market conditions that other systems just can’t cope with.

The Artificial Intelligence this signals possesses is truly revolutionary and is your dream ticket to incredible profits.

Imagine being able to go about your daily routine safe in the knowledge that your Forex market decimating machine is making you a fortune without you even lifting a finger.

If you are sick of having your fingers burnt by inferior Forex robots then it is time to rid yourself of these deceptions and trade with the very best.

Here’s exactly how the trading system works:
First, You need access to a computer with an internet connection at least one time per week. It can even be a computer in an internet cafe or library. Whatever is comfortable for you.
OmniForex provides you with signals that recommend the timing of forex currency trades. The signals are identified by a sophisticated set of computer algorithms. You can simply follow the instructions to buy or sell a particular currency pair using a forex trading platform.
OmniForex provides signals that help traders make better Forex trading decisions. For this reason you will need to have a Forex brokerage account with another company .A detailed overview of the brokerage options available to you is provided in the Members Area. Opening a Forex trading account is very simple, inexpensive and only takes a few minutes.
The Members Area provides all of the information that you will need to get started, including easy-to-follow manual with step-by-step instructions. You can select which strategy you would prefer depending on the amount of time you are able to spend on your trading, as well as your personal investment style.
Second, You need money. But don’t let this phase you – these days some brokers allow you to start trading Forex with as little as $1. However, OmniForex allow users to try the full-featured service for an initial 3-day period for $4.99. After the trial period has ended, the monthly membership is $99.90. This cost does not include money for trading or brokerage services.

The Bad Points
Obviously, OmniForex’s not perfect. Here’s what I didn’t like about it:
• My main gripe is that OmniForex is a subscription service – beyond the stated membership fees there are no fees to be paid in order to use the service. While it’s definitely worth it I would have preferred one price and then to never be charged again.
• You will need money to start. This is not a free system, you will need to spend money to make money so to speak. How much money…will depends on the amount of leverage made available to you by your Forex broker as well as the minimum trading amount. Some brokerages will allow you to use a high level of leverage (up to 400:1) so for every $1 that you invest you will be exposed to market movements as if you were trading with $400. What’s more, some brokerages will allow you to start trading with as little as $1. Yes one dollar.

The Good Points
• Most importantly: It works and it doesn’t matter what your experience level is, if you implement the system you WILL make money. It has a proven 92% winning trades accuracy, putting itself at the very forefront of Forex trading technology. It is proven to be able to siphon off $9,000 with just one single trade!
• All that is required to use OmniForex is a computer with an internet connection.
• OmniForex is a fully automated signaling service – it does not require you to do any of the market analysis manually. Many so-called trading systems simply suggest methods that you can use to time forex currency transactions without signaling specific trades.
• Anyone can use it. It doesn’t matter if you’re completely new to forex currency trading or an expert. A few minutes per day is all that’s required in order to use the signals effectively. Just log in, read the signals and trade. It really is that simple!
• Most robot trader systems make forex currency trades and trading recommendations based on simple and exponential averages of historic prices. OmniForex uses more sophisticated mathematics, including neural networks and genetic algorithms, and takes into account a greater number of parameters. The computation behind the OmniForex algorithms is too great to take place on a normal PC (hence the web delivery model); most robot trader systems run locally on PCs because they are less computationally intensive.

Last Word
Finally, the trading system makes all recommendations automatically: trade entry times, trade exit times and stop-loss amounts for each of the forex currency pairs you selected. It does not require the user to think about whether or not a trade should be made.
OmniForex is a new, revolutionary forex trading signals that will allow you to profit consistently, in any condition and with unrivalled accuracy.

John,

Click Here to Go to The OmniForexSignals Website.