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 [...]

Top 5 Sites For Forex Rates

The bid and ask rates that you’ll eventually pay will be the forex rates that your broker will charge you. In lots of cases, especially when there’s a big news event, the exchange rates will significantly differ. Different forex brokers will use different forex exchange rates. So, it’s always wise to compare with independent providers. [...]

Crown Forex – The Scam Goes On – Now Offering People to Start a Forex Company

The infamous Crown Forex appears again, now offering everybody to open his own forex company, calling themselves experts in the area of forex business. Forex scammers refuse to die. Here are their latest activities. Those of you following the forex industry are probably familiar with Crown Forex. The saga is very long. In short, they [...]

keep looking »

  • Forex Crunch

    Forex Crunch is a blog all about the foreign exchange market. It includes and will include: tutorials, basics of the forex market, daily and weekly forex analysis, technical analysis, forex software posts, and whatever is related to Forex. Forex Crunch aims to deal with forex trading, but with a more personal touch. More...

  • Stay up to date!

    Subscribe By Email

    Enter your email address:


    Trade together with Currensee

    Search

  • Forex Crunch Pages

  • Forex Categories

Bad Behavior has blocked 2138 access attempts in the last 7 days.