Saturday, 8 December 2012

Millennium Forex Trader transactional platform


he growing globalisation of economic processes brings broader opportunities for international exchange as well as increasing needs of the companies involved.
Financial institutions take steps to create and develop innovative instruments to provide chiefly exporters and importers with improved processing of FX transactions and supporting FX position management.
To meet these needs Bank Millennium brings to you an innovative and technologically advanced tool, which provides access to the financial market, until recently available only to the biggest players.
Millennium Forex Trader transactional platform – offer for Customers of Corporate Banking:
  • it is a professional online transactional platform where users can personally trade on the FX market – when and where they want, from any computer and without telephone contact with a Bank dealer
  • fast and convenient access to the FX market, with full control of your company’s FX position

To obtain access to the trading platform it is essential to sign the proper agreement with the Bank.
millennium forex trader
The main Millennium Forex Trader screen – displayed in real time on the computer screen are prices corresponding to appropriate currency pairs

Forex Scalping ... It's more than small pip profits.


Logical Forex is a powerful forex scalping strategy because you trade with the flow of the market, and trade when Big Money Traders are at a Decision Point.
You can see these things on your Logical Forex-based charting software in an instant, without having to manually draw lines or markers.
You look for certain Forex Scalping Patterns that regularly occur in the preferred currency pairs (EUR/USD and EUR/JPY), but you can also use Logical Forex Scalping with any trading instrument, including currency futurescommodity futuresETFsstocks and bonds(anything with a datafeed).

Here, let me show you how simple forex scalping is with Logical Forex...

After you start playing Video, click the  to expand to full screen

Logical Forex Scalping Example

Let's look at a real forex scalping trade using Logical Forex. There are only 3 things you mustobserve, one optional item that is very helpful, and then all that's left for you to do is enter and exit your scalping trade...
forex scalping example

eToro upgrades its WebTrader, now includes widgets


While I’m not a big fan of simplified trading myself I still think that this is an interesting market segment which so far has only been tapped by eToro. Several other players in this niche, addressing this market each from a different angle, are binary option companies such as IG Markets, startoptions and anyoption and brokers offering Micro accounts (although this is not simplified trading per se it’s still relatively risk free trading).

eToro was a pioneer of simplified Forex trading with its downloadable trading terminal and lately is doing exceptionally well. It was interesting to see that eToro decided to introduce a web version of its platform even though at the beginning the company was convinced that there wasn’t any need for that. I guess they realized that offering both options is the best way to address all types of traders.

The WebTrader has now been upgraded further and includes charts and news all in one screen. Another interesting addition is the Widgets section which now only offers the news widget but I guess will host more widgets as the time goes by. eToro is also the only platform I’m aware of that lets you choose your leverage dynamically, per each trade. It ranges from x5 to x400.



TAGS: anyoption, binary options, Brokers, etoro, foreign exchange, Forex, forex brokers, FX, ig markets, nadex, retail brokers, simplified trading, spread betting, startoptions, trading, trading software, webtrader

Insights on Forex Online Trading

Forex industry is the world's largest financial market, so forex (check outInvestopedia's definition) trade demands high level wisdom and sensibility to run the business. If you are looking for some useful tips and tricks regarding forex then you are at the right place. We will let you know about the basic tactics and techniques to deal with some common situations in the forex market.

Trading currencies for making profit is the sole purpose of forex trading; the process is not too complicated to understand but mere understanding is just not enough.

Forex Trading Software Preview


GCI now offers both ICTS trading software (windows and java-based) and MetaTrader trading software:
 
ICTS Trading Software
Trade currencies on 2 pip spreads from the Dealing Rates Table or directly from real-time charts.   You can set alerts, place conditional orders, and take advantage of our AFX news feed, live quotes, comprehensive real-time position and account tracking, and mobile trading access.

Prices from the "Dealing Rates" windows are constantly updating and can be clicked on at any time to place a trade.  This full-featured trading platform also provides real-time account balance, P&L, and margin information, and real-time charts and news.  Recent enhancements include the ability to "hedge" (enter opposite positions in the same currency without offsetting or using additional margin).  
 
Click here for a Free ICTS Forex Trading Demo Account... 


MetaTrader Trading Software
GCI now offers Forex and CFD trading on the popular MetaTrader 4 trading platform.  Trading directly from charts, fractional lot capabilities, the ability to program trading signals, and unlimited charts and technical indicators are among the many benefits.  MetaTrader is ideal for novice traders and professionals alike.   All major currency orders are filled directly in the interbank market, with no dealer intervention or delays.

MetaTrader
Test MetaTrader software for free: download the installation file (gci4setup.exe, 3.5Mb) to your PC, launch it and install the program, checking for instructions appearing on your monitor.

GCI Trading Review

The Forex brokers industry is overflowing with options from which a trader can choose. The name of the game is to find a broker that stands out and GCI Trading definitely accomplished that.
As usual, the very first thing you will encounter is the GCI Trading website. Putting aside the actual design of the site, which to be quite honest, did not catch my eye, the site is easy to navigate, and enables users to find all the basic information without too much effort.
GCI Trading Platform
GCI Trading offers the industry standard MT4 trading platform. This platform should be familiar to any Forex trader who has ever traded as it is used by many brokers and is widely accepted as the most intuitive and user friendly Forex trading platform.
The fact that GCI Trading uses the MT4 platform makes GCI Trading like many other brokers but that is where the similarities end. GCI Trading truly stands out from the rest when it comes to the features they offer.
GCI Trading Features
GCI Trading offers completely commission-free Forex trading, which is definitely a unique feature not found with many brokers. GCI Trading also offers one of the highest trading leverages we have ever encountered with a 400:1 trading leverage available for traders. While this allows the trader to open positions well beyond their means, we must mention the intrinsic value of trading with high leverage. Having said that, the fact that the option is there, is always a plus.
Other major advantages of GCI Trading include spreads as low as a single pip as well as 24 hour top notch customer support, which is one of the most important things to look for in a Forex broker.
GCI Financial like many other brokers offers the ability to practice and open a demo account with $50,000 of virtual money. You can also trade this account on your mobile phone and if and when you decide to take your demo account live, you receive a 10% bonus from GCI Trading.
In addition, GCI Trading offers new traders a mini account in which they can trade with as little as $50. When such an account is opened, the trader receives a $50 bonus and is able to fund the account with instant credit card transfer.
When it comes to GCI Trading, there is one place in which this broker truly stands out from almost any broker we have reviewed. GCI Financial offers a wide spectrum of mobile trading tools. The GCI Trading experience is available cross platform and is available on iPhone, BlackBerry, Windows Mobile, and even Android. 
Putting the convenience aside, the fact that GCI Trading is so cutting edge when it comes to mobile trading, is a clear indication of how serious this broker really is.
In terms of funding and withdrawing from your GCI Trading account, this broker is relatively flexible. The options available to the trader include bank wire, credit card, money bookers, Web money, and Liberty Reserve.
GCI Trading support
One more thing I found to be unique about GCI Trading and a very positive characteristic are the contact options. There are emails, phone numbers, as well as live chat, which was very responsive. It is always good to know that your broker can be contacted whenever you want.
All in all, GCI Trading, based on our Forex review, did very well. It is a unique broker that clearly has the trader's needs in mind, and as a trader, that is all one can really ask for

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