FxNet.com - Pure STP Forex Broker

Dear forum members,

Allow me to introduce myself; my name is Costas Kappai and I am an official representative of FxNet Ltd – an EU Regulated STP Forex Broker. I am opening this thread in order to assist the Forum members with any queries they may have with respect to FxNet and/or Forex in general.

I have listed below some information regarding our company and services we offer. Any and all questions are welcome. Additionally note that we also have an affiliate program (fxnetaffiliates.com), offering some of the industry’s highest rebate rates; our program comes with real-time reporting and full transparency of your referred clients and their trading activity!

Company Information:

1. Website: www fxnet com
2. True STP broker, in service since 2012
3. Regulated and licensed within the EU
4. Fixed spreads (can be found here http //www fxnet com/content/products/forex)
5. Minimum deposit: $ 5
6. Platforms: MetaTrader4, MT4 SimpleTrader, MetaTrader Mobile - Android, iPhone/iPad, ZuluTrade, MT4 MAM
7. Deposit / withdrawal fees: 0%
8. Affiliate program: Yes – fxnetaffiliates.com
9. Base currencies: USD, EUR, GBP, CHF, AUD, JPY
10. Minimum lot size: 0.01
11. Leverage: up to 1:500
12. Expert advisors: Allowed
13. Bonus: 50% Deposit Bonus – All deposits eligible
14. Technical support (24/5)
15. Funding methods (Full List http //www fxnet com/content/account-types/account-funding-withdrawals here):
- Visa
- Mastercard
- Liberty Reserve
- Bank Wire
- Neteller
- Moneybookers-Skrill
- China Union Pay
- WebMoney

Always at your disposal,

Costas Kappai

Dear Forum Members,

We are thrilled to inform you that FxNet has expanded its services, in an effort to accommodate for the growing demand from you, its members, with the following FREE of charge services:

ZuluTrade - There was a time when trading was a headache. Not anymore! Let hundreds of signal providers study the market and simply choose the signal provider you like. Then simply Follow.

Autochartist - Available free of charge within our trading platform, Autochartist releases you from the complex process of analysing charts. It scans your selected instrument(s) identifying chart patterns throughout the trading day.

Intraday Technical Analysis - Intraday analysis of your favourite instruments! The analysis comes with both support and resistance levels as well as target levels for your potential trades.

Educational Videos - Are you new to Forex or simply want to expand your knowledge on the subject? Discover our FREE educational videos designed for newcomers and veterans alike.

Should you have any questions please do not hesitate to ask.

Kind Regards,

Costas

Dear Forum Members,

We are pleased to announce that FxNet will be holding its first (of many) Demo Forex contests, starting this May!

Prizes will be for the top 3 players of each month and will be REAL cash, withdraw able with no Terms & Conditions!

The contest will be open for everyone to partake with ALL TRADING STRATEGIES WELCOME.

For more news regarding the Competition and other services on offer, please visit us at FxNet.com

Regards,

Costas

FxNet introduces its first of many Contests! The Expert Advisor DEMO Competition! Win prizes worth up to $5000!

Take advantage of this risk-free opportunity to test your skills and your Expert Advisors trading system while trying to win real money!

To take part simply Register for a Demo account and start trading!

For More information on the Competition please click here.

Kind Regards,

Costas

Hi Everyone ,

Allow me to introduce myself; my name is Frederika Fraser and I am a new official representative of FxNet Ltd (www.fxnet.com) – an EU Regulated STP Forex Broker. I am posting on this thread in order to assist forum members with any queries they may have with respect to FxNet and/or Forex in general.

At FxNet we provide members with a number of financial instruments that may be traded through CFD’s, including Forex, Commodities and Stock Indices, which can be traded via our MT4 platform, smartphone/ mobile applications, or via our web based SimpleTrader, all under 1 account.

All questions/ comments are welcome. Please feel free to contact us via this thread or alternatively you may contact me directly at fraser@fxnet.com.

Alternatively, you can follow us on Twitter: @FxNetTraDinG or 'like' us on Facebook for updates about FxNet

Thank you for your time

Frederika Fraser

Forex companies are constantly on the lookout for new methods to attract potential clients, with high competitions from rival companies, each Forex broker needs to stand out and offer something that other brokers don’t.
That’s when Forex promotions come in. Forex promotions are a very popular and on demand method to give clients an extra motive to choose the specific broker. Promotions work in many ways the point of them is always to give something back to the client.
Welcome Bonuses are offered by most companies and they are a percentage added to the deposit when a client first opens an account. It is a way to welcome a client with an added motive. The percentage vary some may give 50%, some 100% and some as high as 250%, in most of these cases the bonus will be given in the form of trading credits deposited into the clients account.
Redeposit Bonus: A redeposit bonus works in the same way as a welcome bonus, but is extended to every deposit a client makes and not just the first one.
Low First Deposit: All reputable companies have a minimum first deposit for any client to start trading, which can be $100, $200 and in some cases much higher. But for a short period a company can offer a much lower minimum first deposit, as low as $25. This is a motivation for new traders, of people who can’t afford to invest much.
No Deposit Bonus: In some cases companies can allow a client to start trading with them without investing any money at all. The company will offer the client a live account with a specific amount of trading credits, with which he/she can trade. This is a motivation to get clients started with the company.
Cashback/ Rebate Bonus: Cashback bonuses, sometimes called Rebate bonuses offer traders a certain amount of money back for every specified traded volume, motivating them to trade more.
Refer a friend: Most companies offer this promotion, which simply allows their clients to make extra profit if they refer a new client to the company. When they do they get a form of a bonus which can either be a specified amount or a small percentage of that person’s trades.
Gifts for trading volume: A big motivation for clients is knowing they will get some worthy gifts after they trade with a specified volume. Gifts can range from gadgets and tablets, to cars and overseas trips. Of course the bigger the prize the bigger the required volume.

When trading there are many factors to look at to decide which would be the best trades can happen. The spread is one of the first factors to look at, some pairs are better traded with than others depending on the spread. And spreads are much harder to overcome in short term trading. Keep in mind wider spreads are not a bad signs, it would depend on the lower alternative.
The spread needs to be converted to a percentage of the daily range called the ‘base line’, with this you can compare spreads versus maximum pip potential for day trade, and you can differentiate between the results of one pair and another. Some currencies will offer better value when combined with the spread and daily pip potential.
Once you have placed the spread with the daily average move, you can have a much clearer idea to help you decide on which trading pairs are best to use.
Most day traders focus on pairs with the lowest spreads, like the EUR/USD and GBP/USD which have the best ratio from other pairs, also the EUR/JPY rank high among other pairs.
Other pairs can range much lower for day traders, like the USD/CAD, which also has a four pip spread, but in some cases can be the worst to day trade with, depending on the spread and the daily average range.
Some pairs are better suited for short term moves while others are suited for long term moves, where the spread becomes less significant.
Over all you need to analyse all your factors, but by not doing that, and taking advantage of your most valuable currencies for day trading – or any other strategy – you are actively missing out on opportunities.

Indicators are used throughout the whole process of Forex trading, there are many indicators which can be made useful for many things and in many ways. With experience traders learn to utilize indicators and combine them to find what they need. Here are some basics about Forex economic indicators, which are very important for certain, markets.
Indicators help traders understand the economic situation of a relevant country, and the impact it will have on currencies. Governments and financial institutions will release official economic data from time to time to inform the public of the changes in a country’s economy. These releases have an impact on traders, and should be on a trader’s watch list. Those releases can either increase market activity or decrease it, either way analysts will be providing information about these indicators, and traders should take them into consideration.
News releases are scheduled and therefore these indicators have a schedule too, meaning traders can expect this coming change, and track them. Some trading software will automatically update the information, and all media will cover it. Traders can get their information through Forex alerts or on dealers’ websites. These economic indicators represent underlying economic data such as the country’s GDP, Employment statistics, and other important information. Each indicator is important and can affect the country.
Once the indicators are out and received they can be analysed. Some economic indicators are important in relation to some countries but not to others. For example economic indicators dealing with inflation data such as CPI are important for the U.S since it is a key driver in the Forex market. Obviously the bigger the market the more affect it has on other currencies which means the closer it should be watched. Analysing the released indicators, can be done in many ways – depending on the preferred method – and traders can make the most of each opportunity generated by the release of an economic indicator.

The options market operates based on the currency market which is open 24 hours on weekdays, it is worldwide and it never sleeps as different time zones wake up release news, trade and then go to sleep.
Because binary options are derivative contracts they exist only between the broker and trader so their outcomes are determined by the traded asset price and not only by the market it is listed on so some binary options companies not only allow night trading but can even allow predictions on closed markets about the price they will be at when they open.
So options night trading even though not yet available by every broker, is preferred by some. To some traders night trading is preferable because they do not have the time to trade at day time, with their work, families and errands. While for others it is a more strategic decision.
Opportunities present themselves during the trading hours of different markets, and some traders need to access different time zones in order to take advantage of these opportunities. Countries like Australia and Asia are awake when Europe is – technically – sleeping so if a trader wants to trade when those markets are volatile the only option is night trading.
It also depends on the asset a trader wants to trade, and when its market is open. For example traders in the US and Europe who want to trade an indicia like NIKKEL 225 will have to be awake between 00:00 – 02:00 GMT between Monday and Friday.
Another example is some European traders prefer trading in the evening when markets are open in the US. And over all different assets and currencies are more volatile and active during specific times which correspond to the countries they belong to , and therefore traders in other time zones have to adjust and night trade in order to trade at the right times.
So if you are seeking all the right opportunities you may have to spend a few nights awake.

FxNet is pleased to announce its newest promotion for the month of March 2014, offering 50% trading Bonus to all clients on All Deposits during the promotional period.

http://www.fxnet.com/content/about/promotions

5 platforms under 1 Account

Access all the dynamic FxNet trading instruments under the same account from multiple platforms! No Download required; start Trading Immediately!

FxNet provides its clients with the industry's most reputable, award winning and sought after Forex and CFD platforms - the Metatrader 4 (MT4), as well as the industries most efficient and easy to use Webtrader – SimpleTrader! The MT4 platform is provided through a variety of applications to suit all trader preferences. What’s great is that you can access the same account, through SimpleTrader and MT4 applications, allowing you to be in full control of your trades at all times!