Category: Forex Industry
Barrier Options Now Available on StartOptions
Together with the evolution of forex trading, also binary options are evolving – StartOptions is now offering Barrier Options. These hourly options have a 300% return rate when the option expires “in the money” – if the barrier level has been reached at expiry. This new product came after many traders on the platform
Forex Traders Survey
CitiFX launches a wide survey of forex traders – wide in the number of participants and deep in the number of questions. Anyone can participate. The results are due in October. 25 questions are presented in this survey. They cover a wide range of array of areas that are significant to forex traders. CitiFX says
Will Foreign Forex Brokers Get “Gambling” Classification
The new CFTC rules consist of 50:1 leverage decision as well as many other regulations for the industry. But there might be one big hidden rule: US clients won’t be able to open accounts with foreign brokers. This can be implemented by assigning the notorious 7995 credit card classification to foreign brokers – preventing American
Forex Leverage Limit 50:1 – Will US Traders Run Away?
It took the CFTC a lot of time, but they finally finalized their ruling for forex: leverage will be limited to 50:1 on major currencies, and 20:1 on minors. The pressure against the initial 10:1 proposal worked, but the industry will still change. American traders: Will you stay with your American broker? In January, the
Forex SMS Alerts – Mobile4X Review
Mobile4X is a new services that provides custom real time SMS alerts on forex rates. The free service can be set send alerts on a time basis or upon a breach of a technical level. Here’s a review. Mobile4X was developed by Peter Blaikie, who wanted to relieve forex traders of their habit to attach
FXCM Gives Best Possible Price on Weekend Gaps
On weekend gaps, if the price at the opening is better than your limit, you’ll get a deal only at your limit, and not the best possible price in the market. This applies for most brokers. Such gaps occur also on surprising news releases. Now FXCM commits to give the best possible price – positive
Forex Factory Adds Liquidity Gauge
Forex Factory, one of the leading forex portals, has added a great addition in its market section – a gauge for real time liquidity. This addition can be very useful for traders. The Forex Factory Market page’s highlight is the independent quotes – quotes from brokers are aggregated using FF’s proprietary system, providing independent real
Forex on the Rise
Forex trading continues to grow. Two separate reports show that the volume of forex trading is on the rise. This goes hand in hand with the evolution of the industry. According to the Bank of International Settlements, the daily volume of forex trading reached 4.1 trillion US dollars a day. This report is published only
Transparent Forex Leaders – Making Forex More Mainstream
Not all investors want to actively trade. Some want to put trust in known, reputable traders that they can follow. In the fifth article in the series about making forex more mainstream, this option is examined. In stocks, many investors don’t trade actively. The put their money with a some kind of trust fund and
Serious Regulation Will Make Forex More Mainstream
While regulators are maturing with the industry, some of them are still incompetent and traders aren’t always aware of regulation in forex. Better regulation is essential in making forex more mainstream. Part of the blame for the financial crisis was on big financial institutions such as Lehman Brothers and AIG, and the lack of proper