DISCOVER YOUR FINANCIAL OPPORTUNITY TODAY WITH FOREX

“According to the Bank for International Settlements (BIS), The Global Forex Market Has A Daily Turnover of About 6.6 Trillion Dollars, Larger Than The Volume of All Of The Worlds’ Stock Exchanges combined Together! Beyond What Any Other Web Commerce Sector Can Offer, You Can Monetize This Market  And Enjoy Unlimited Earning Potentials”.

Foreign exchange turnover in 2019 Bank for International Settlements Triennial Central Bank Survey was 6.6 trillion dollars in daily turnover. The BIS provide the most comprehensive source of information on the size and structure of the global foreign exchange (FX) and over-the-counter (OTC) derivatives markets. It helps central banks, other authorities and market participants monitor developments in the global financial markets. FX market activities has been surveyed every three years since 1986. The BIS serves as the central bank hub to central banks around the world, promoting global monetary cooperation. Established in 1930 by an intergovernmental agreement between the major western economic powers, it opened its doors on 17 may 1930 as the oldest international financial institution and is headquartered in Basel, Switzerland.

WHAT IS FOREX?
Forex also referred to as FX, foreign exchange market or the currency market is the global, decentralized market where worlds currencies are traded. Currency trading is important to most people around the world, whether they realize it or not because they are needed for exchange in order to conduct international trades and business. Exchange rates change by the second so the market is constantly in flux. AN EXCHANGE RATE is the relative price of two currencies from two different countries. One unique aspect of forex trading is that there is no central market place for foreign exchange trading, rather, it is traded electronically over-the-counter (OTC) which means that all transactions occur via computer networks between traders around the world rather than on one centralized exchange as in stock.
The forex market never sleeps, it is open 24 hours a day, five days a week. It is extremely “liquid” with a tremendous daily turnover of 6.6 trillion dollars, 25 times larger than the volume of all of the world’s stock market on any given day!

To some people, “Trading Forex is like Picking Money Up Off The Floor. Not Trading Forex Is Like Leaving It There For Some One Else To Pick Up”. To Others, “It’s Like Literally Having A Virtual ATM on Your Computer/Smartphone”. If you are not trading forex, you are leaving too much money on the table.

HISTORY OF FOREX (Creating An Efficient Foreign Exchange System)

At the end of World War II, the whole world was experiencing so much financial chaos that the major western governments felt the need to create a system to stabilize the global economy. Known as the “Bretton Woods System”, the agreement set the exchange rate of the Us Dollar against gold, the dollar was set at 1/35 of an once of gold, known as the Gold standard, and all other currencies where pegged against the US Dollar. This was the fixed (or pegged exchange rate) regime. This stabilized exchange rates for a while, but as the major economies of the world started to change and grow at different speed, the system soon became obsolete and limiting.

On 15 August 1971, the then US President Richard Nixon unilaterally abandoned the Bretton Woods system of fixed exchange Rate Regime (an exchange rate regime is the way a monetary authority of a country or currency union manages the currency in relation to other currencies and the foreign exchange market. It depends on many factors such as economic scale and openness, inflation rate, elasticity of the labour market, financial market development, capital mobility etc), thus the “FLOATING EXCHANGE RATE” also known as a fluctuating or flexible exchange rate was born.

In MACROECONOMICS AND ECONOMIC POLICY, a floating exchange rate is a type of exchange rate regime in which a currency’s value is allowed to fluctuate in response to foreign exchange market events based on demand and supply. Thus, modern forex trading was born.

CHOOSING YOUR FOREX BROKER
The most important factor that determines a forex traders’ success is the broker he or she chooses to trade with. A FOREX BROKER is a financial service company that provides traders access to a platform for buying and selling of currencies. Their clients include retail traders like you and me and large financial service firms known as institutional traders. They act as an intermediary between you and the interbank system.

TYPES OF FOREX BROKERS: Before trading with any broker, you should know the different types of brokers and how they fill your order.
There are two main types of forex brokers,
DEALING DESK (DD) brokers and
NO DEALING DESK (NDD) brokers
DEALING DESK (DD) BROKERS: Dealing Desk brokers are also called MARKET MAKERS. What is a Dealing Desk? DD brokers literally create a market for their clients, taking the other side of a clients trade, providing liquidity to their clients. They provide both a buy and sell order, controlling the price at which orders are filled. They do not link you to the interbank market. The term dealing desk derives from the good old fashioned offline trading when financial institutions actually had a desk where their traders would sit and manage the institutions investments. Nowadays, this is done electronically, trading against you, when you lose, they gain, thus there is a fundamental conflict of interest. DD brokers freeze their trading platform during major news times as they will never allow news spike trading, hedging and scalping.

NO DEALING DESK (NDD) BROKERS: NDD brokers do not pass their clients orders through a dealing desk. This means that they do not take the other side of your trade as they simply route your order directly to liquidity providers. Your loss is not their gain as they are not a counter party to your trade. NDD brokers are divided into STP (straight Through Processing) and ECN Electronic Communication Networks). The STP (Straight Through Processing) technology requires no dealing desk, all orders are routed to the brokers liquidity providers and prices are executed at the bid/ask price provided by liquidity providers which are investors that effectively act as counter parties to the trade. They compete for the best prices available for their clients. The other benefit of an STP broker is the “DMA”. DMA stands for Direct Market Access. DMA refers to when a broker is passing their clients orders directly to their liquidity pool, so orders are filled at the best possible price, with only a small mock-up spread by the broker ECN (ELECTRONIC COMMUNICATION NETWORKS): with ECN, traders have access to the market and can see actual prices displayed in the market. Orders are matched up automatically via computerized networks. The main difference between STP and ECN is routing, the STP can chose to deal with different liquidity providers out of their liquidity pool while the ECN acts as a kind of hub. The hub may represent banks, hedge funds and all major market players. Most NDD brokers blend the ECN and STP model in what is known as a hybrid system, allowing for fully electronic dealing services.

OTHER FACTORS YOU SHOULD CONSIDER ARE
REGULATION, REGISTRATION AND LICENSING: Regulation protects investors like you from unqualified financial entities. Did you know? Securities industry professionals including forex brokers are required to register with regulatory agencies in the country where they are domiciled. They are then issued a license. This protects investors of all level from fraud, after all you’re not going to hand over thousand of dollars to a person who simply claims he is legit. A regulated broker have to abide by the same standards as the big banks which guarantees that your money is safe. Regulated brokers are required to keep their customers’ money in a separate segregated bank account so that even if your broker should have to file for bankruptcy your money is still protected. They have to obey strict rules like publishing the detail of their financial results as they have a fully functional legal system watching over them. Brokers must be registered, regulated and licensed. Avoid unregulated brokers.

TRADING PLATFORMS: Trading forex online is performed through an online platform provided by your broker. The most internationally recognized and widely used platform is the MetaTrader 4 (known as MT4 for short). MT4 allows many currency pairs, indexes, commodities and futures to be traded and assist trader perform technical analysis at the click of a button. It contains live streaming quotes where they link you to live market for you to trade.

DEMO ACCOUNTS: Brokers will provide you with demo accounts with virtual money for you to practice trading and test your skills without depositing money. This enables you to be familiar with MT4 and learn to place trades accurately, reading charts providing you with an excellent hands-on-experience before depositing money.

DEPOSITS AND WITHDRAWALS: Good brokers will allow you to deposit funds and withdraw your earning hassle-free, relatively fast and with multiple options like bank transfer, with card, skrill etc available.

TRANSACTION COSTS/SPREAD: This is a small fee, the difference between the bid and ask price that all forex brokers charge for their service. Always go for brokers with razor-thin spread.

CUSTOMER SERVICE/SUPPORT: You may sometimes need some help in any way. A good broker must have a dedicated high quality 24 hour support channel that will be sure to help in any way.

FOREX SIGNALS: A forex signal is an email or SMS alert instructing a trader to place a trade on a particular currency pair at a particular time. With hundreds of signal providers out there the best way to test a signal without loosing money is through your Demo account as many signal providers will offer you a free or discounted trial period to test its performance.

Please note that signal providers are independent experts and traders and not a broker.
WHY USE SIGNALS? It helps traders new to forex to trade successfully from the very start as developing the needed skills needed to trade on your own take time and effort. It helps you to trade profitably without any knowledge of technical analysis and fundamental analysis. It makes trading quick and simple as you don’t need to analyze the market on your own, you can execute the signal on your mobile phone even at work, in traffic or even in the restaurant.

HOW DO I OPEN AN ACCOUNT?
Navigate through the site and select “OPEN ACCOUNT” Then chose either “LIVE” or “DEMO” account.
Download MT4 on clicking (MT4 is also web based or you can also download on your smartphone/computer.
Fill in the required details, ensure to give accurate details of yourself.
Check your email immediately to activate your account.
For a “LIVE” ACCOUNT, send a copy of your PROOF OF IDENTIFICATION which could be a National ID Card or International Passport and your proof of RESIDENCY, which could be your utility bill, Bank Statement or Driving License Bearing the address you use to open your account. Note: The name and address on your proof of residency must be the same as the one used to open the account. WHY SHOULD I VERIFY MY ACCOUNT WITH THESE DOCUMENTS? (see Anti Money Laundering and KYC below).
Subscribe to signal service and start trading.

FULLY LICENSED AND REGULATED
Broker, multilingual customer service, Fast Deposits and Withdrawals, Security of Funds, Accounts with Major Banks, Seamless Execution & Access to Tier-1-Banks.

TRADE WITH FXCHOICE

FXChoice

 (Note Fxchoice will not accept clients from AFGHANISTAN, BELIZE, IRAQ, ITALY, NORTH KOREA, SPAIN, SUDAN, SYRIA, THE USA, GUAM, NORTHERN MARIANA ISLANDS, PUETO RICO, US VIRGIN ISLANDS, UNITED STATES MINOR OUTLYING ISLANDS AND AMERICAN SAMOA) Minimum Deposit is 100 USD.

NOTE:

Every currency in the world has a three letter alphabetic code representing it, known as ISO currency codes. These codes are identified by the International Organization for standardization (ISO) an organization that provides standards for manufacturing, commerce and banking, technology and communication. For currencies, the governing document is called ISO 4217:2015. They are:- United States – Dollar USD, Great Britain Pound – GBP, European Euro-EUR, Japanese Yen – JPY, Swiss Franc – CHF, Australian Dollar – AUD, Canadian Dollar – CAD, Chinese Yuan Renminbi – CNY, New Zealand Dollar NZD, Indian Rupee – INR, Brazilian Real- BZR, Swedish Krona – SEK, Norwegian Krone – NOK, Danish Krone – DKK, Czech Koruna – CZK, South African Rand – ZAR, Hong Kong Dollar – HKD, Mexican Peso – MXN, South Korean Wong – KRW, Singapore Dollar – SGD, Russian Ruble – RUB, Turkish Lira – TRY, Polish Zloty – PLN, Thai Baht – THB, Indonesian Rupiah – IDR, Hungarian Florint – HUF, Israeli Shekel – ILS, Chilean Peso – CLP, Philippine Peso – PHP, UAE Dirhan – AED, Colombian Peso – COP, Saudi Riyal – SAR, Malaysian Ringgit – MYR, Romanian Leu – RON, Nigerian Naira – NGN.

Currencies are traded in “pairs”, example USD/JPY (Us dollar versus Japanese Yen). The listed currency pair above look like a fraction, the “Left Portion” before the “I” is called the BASE currency (also called the TRANSACTION currency) while the right portion in this case the JPY is called the “COUNTER or QUOTED” currency.

There are three categories of currencies in forex trading (1) the MAJORS (2) the EXOTIC (3) the CROSSES.
Major currencies are the Us Dollar USD, Great Britain Pound GBP, Japanese Yen JPY, European – EUR, Swiss Franc CHF, (the Canadian Dollar CAD, Australian Dollar AUD and New Zealand Dollar NZD are also called commodity currencies.

THE MAJOR CURRENCY PAIRS is the USD paired against other major currency e.g. USD/JPY, USD/EUR.

EXOTIC PAIRS are made up of the USD and the currency of an emerging market (economy) quoted against each other e.g. USD/BZR, USD/ZAR i.e. Us Dollar against South African rand.

CROSS PAIRS are the major currencies traded against each other without the USD e.g. EUR/CAD, GBP/JPY.

READING THE SIGNALS
When you buy or sell a particular currency pair, you are placing a trade and is also known as “OPENING A POSITION”. When you exit the trade you are said to be “CLOSING THAT POSITION”. When you enter a “BUY” position, it is known as “GOING LONG” and a “SELL” position is known as “GOING SHORT”.

There are two types/sizes of account, MINI ACCOUNT: range of required deposit IUSD to 999 USD.

STANDARD ACCOUNT: Range of required deposit 1,000USD and above.

A mini and a standard account has different PIP values. REMEMBER, YOUR GOAL AS A FOREX TRADER IS TO CAPTURE AS MANY PROFITABLE PIPS AS POSSIBLE. Now, what is PIP? PIP means price Interest Point or Percentage in Point which is a unit of change in an exchange rate of a currency pair. It determines the volume of profit or loss made in a trade.

If USD/EUR price changes from 1.8996 to 1.8997 the price has changed by 1 PIP. A PIP is therefore the smallest increment of a change in price. Now currency is traded in LOTs. A “LOT” is a unit measuring a transaction amount, orders are placed in sizes quoted in lots. Its like buying egg in carton or beer in cretes. The STANDARD size for a lot is 100,000 units of currency while MINI lot is 10,000 units. So if your account is a mini account (balance less than IKUSD) you will trade in Mini lots while if it is a standard account of 1,000 USD and above you buy in standard lot.
THE PIP VALUE of a mini and standard account varies. The PIP value is the Us Dollar value for each PIP. Below are the typical PIP value of some major currencies though it may slightly vary between different brokers.

 CURRENCYSTANDARD ACCOUNTMINI ACCOUNT
1 PIPEUR$10$1
1 PIPGBP$10$1
1 PIPAUD$10$1
1 PIPJPY$8.45$0.85
1 PIPCHF$7.6$0.76
1 PIPCAD$7.3$0.73

If your account is a mini account i.e. you are trading mini lots and you make 50 PIPS, that will be 50×1 = 50. This means you have made $50 from that trade. If that same account was a standard account and you traded in standard lot, it will be 50 x 10 = 500. This means you have made 500 dollars from that same trade. Therefore, if you are starting with a mini account (less than 1,000 USD), you should focus on growing your account balance to at least 1,000 USD so you can trade standard lots and make more money from each PIP you capture.

THE FUND TRADER
PROPRIETARY FIRM TRADER UNVEILS 29,000% PROFIT BROKERAGE STATEMENT AND INVITES YOU TO COPY HIS TRADES IN YOUR ACCOUNT SO YOU TOO CAN GAIN FROM HIS FUTURE HIGH-YIELD RETURNS!

With over five years of data to back up this performance, you will soon discover how you too can copy these results AUTOMATICALLY without taking high risks. Imagine extremely high returns being yanked from up to 18 currency pairs including gold, without using grid; martingale or hedging strategies.

With a verified MyFxBook live trading account performance for proof; MyFxbook is like the “Equifax” or “Transunion” of the forex world. A trader’s performance can never be faked here. It is all third party controlled and without any form of influence from any independent entity. MyFxbook is an automated analytical tool for forex traders” that allow its users to track and analyse the data behind anyone’s trading. Over the last five years, I’ve made over 29,000% in profit in the markets. In other words, if you had put in $1,000 into an account back then, you’d have approximately $290,000 in profit over a period of 5 years. Starting today, you could easily see explosive returns in days without placing trades yourself.

Past performance is not always a guarantee of future results but what if you got even half of that return over the next 5 years? $500 could yield up to $145,000. And don’t think returns like this are any stretch of the imagination, this happens all the time in Equities. Investors have gotten over 1,000% profit from Apple, Amazon, Tesla not to talk of bitcoin. It’s time you got in on the action too.

So let me show you how it would work. You’ll simply install a customized software to your broker account starting with as little as $250 to $500 in it. You set the trade size or maximum risk you want. It will then run 100% automatically placing trades directly from my trading account into yours. This means everything will be copied; it will open and close the trades exactly like my main account. You’ll watch it grow, and you can withdraw your profits anytime from it.

I’m a full time trader who used to work with a forex proprietary trading firm in London. I employ a dualistic (2 step) approach to the market by first closely analyzing market fundamentals and technical levels for each currency pair to determine trade direction and entry point. Once that’s done, I then implement a semi-automated multiphase software to monitor and apply a predefined exit for each trade.
Copying my trades using the fund trader software is very safe and very profitable if you simply want an extremely easy, low risk, high reward service.

NOTE: (IF YOU DON’T HAVE A LAPTOP/DESKTOP COMPUTER DON’T BUY THIS SOFTWARE AS YOU CAN’T INSTALL IT ON MT4 MOBILE AND MT4 WEB).

This software won’t run on MT4 Mobile or MT4 web. You’ll need a Desktop/Laptop to use this software and a Virtual Private Server (VPS) to host your account 24/7 since you can’t leave your computer on 24 hour everyday so that all trades could be copied in your account.

OPEN A NEW DEMO ACCOUNT WITH FXCHOICE HERE (you can have upto 15 accounts with fxchoice) and test the fund trader software performance on demo before depositing funds.

TRADING SESSIONS AND TIMES
Forex volume remains high but peaks to its highest when the Asian session overlaps with the European session or when the European and the American session is open at the same time.
Since the market is open 24 hours day, 5 days a week, there must be traders trading all over the world at different time. Example there may be Asian traders trading while US traders sleep.

WORLD TIME ZONES
The International Dateline is where, by tradition the new calendar day starts.

GMT = UK Standard Time
From midnight GMT until 9am GMT the majority of trading takes place in Tokyo and other Asian cities and the time is known as the Japanese/Asian session. From 8am GMT until 5pm GMT, the majority of trading is in London and Europe the time is known as the LONDON/EUROPEAN session.
ASIAN/JAPANESE SESSION – 00:00 – 09:00
LONDON/EUROPEAN SESSION – 08:00 – 17:00
NEWYORK/AMERICAN SESSION – 13:00 – 09:00

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ANTI MONEY LAUNDERING

Money laundering is the act of converting money or other monetary instruments gained from illegal activity into money or investment that appears to be legitimate so that its illegal source cannot be traced. International and local laws that apply to companies whose customers can deposit and withdraw funds from their accounts makes it illegal for brokers or its employees or agents to knowingly engage or attempt to engage in a monetary transaction in criminally derived property.
The objective of anti-money laundering procedures that brokers implement is to ensure that customers engaging in certain activities are identified to a reasonable standard, while minimizing the compliance burden and impact on legitimate customers. It assists government to combat the threat from money laundering and terrorist financing activities around the world.

ACCOUNT VERIFICATION (KYC – KNOW YOUR CLIENT)
Verification of your identity is required. This can be met by providing your proof of identity and proof of residence. You will be required to provide these documents.
PROOF OF IDENTITY : In the form of a government issued document. This could be your NATIONAL ID CARD, INTERNATIONAL PASSPORT.
PROOF OF RESIDENCY
May be your utility bill (electricity bill) or your bank statement or driving license bearing the address you use to open your account with your broker once these documents are provided, your account will be fully verified as required by the law.

ADVANTAGES OF FOREX TRADING OVER OTHER INVESTMENTS

  • It requires little startup capital, you can start with one hundred dollars.
  • It offers high returns as a result of per second appreciation and depreciation of currencies.
    Free “DEMO” accounts/news charts and analysis. Forex brokers offer a free demo account to practice trading, along with breaking forex news and charting services (technical and fundamental analysis). These are very valuable for traders who would like to horne their trading skill with virtual money before opening a live account. No other investment/business offers such.
  • Forex trading could be done from any part of the world, you don’t need any advertisement, no sponsors, no database, no customers.
  • No insider tips as in stocks or shares.
  • No monitoring of customers, its you and your computer/smartphone connected to the internet.
  • Low to zero transaction cost/narrow dealer spread. There are none of the usual fees to which futures and equity traders are accustomed to, no clearing fees.
  • A true 24 hour market and ideal for traders even with regular day jobs.
  • Price movements are highly predictable, repeating themselves in relatively predictable cycles, creating trends.
  • It offers high leverage of up to 200:1 in forex trading, a small margin deposit may control a much larger contract value. Leverage gives forex traders the ability to make extraordinary profit and at the same time keep risk to capital to a minimum.
  • Streaming executable prices, and highest level of market transparency out of all the financial markets. Unlike other markets where transparency is compromised, forex markets are highly transparent with instantaneous order execution in seconds, though you might decide to go on a pending order and set your platform to close at a particular price. There are no traditional open-outcry pits, no floor brokers and no delays.
  • It is never a bear market, profit is being made in both “rising” and “falling (bear)” markets, because currencies trade in “Pairs” (USD/JPY) and one side of every currency pair is always moving in relation to the other. On the stock market, you can only make money if shares are rising, but in falling “bear” markets, there is little to no chance in making money. This makes forex a TRUE RECESSION PROOF market.

LEARN TO TRADE FOREX
Go beyond just subscribing to signals and learn to trade by yourself and know how these signals are created. Know the forces that determine market price movement, technical analysis and fundamental analysis. Perhaps you could be an exceptional trader yourself and one day start your own forex signal service. Three best training services are.

ASIA FOREX MENTOR
ASIA’S #1 AUTHORITY IN FOREX TRADING EDUCATION PRESENTS PROPRIETARY ONE CORE PROGRAM” THE #1 PROGRAM FOR PROFESSIONAL TRADING

If you want to make an income from trading and not measely returns but huge return on investment, then read on. I teach bank traders, fund managers and also ordinary people how to make money trading. I trade forex, stocks, indexes commodities (eg. Gold, silver, crypto) and anything that’s tradable. Give me just 20 minutes a day of your time and I will show you a road to wealth most people could only dream about. This is a real system that professional traders and banks use.
We’ve trained thousands of retail traders live in cities throughout Asia and also all over the world through our popular online forex trading course. Behind the scenes, we train the traders working in banks, prop trading firms and fund management companies.

DBP – THE 2ND LARGEST STATE-0OWNED BANK IN PHILIPPINES WITH ASSETS OF MORE THAN USD 13 BILLION ARE TRAINED BY US
My name is Ezekiel Chew based in Singapore and I have coached and mentored students and clients from not only Singapore but also from Malaysia, Thailand, Philippines, India, Indonesia, Vietnam, Japan, China, Hongkong to Europe, UK and USA.
The “one core program” is not about millions of dollars in capital and less than 10% in annual growth. No, we are talking about some extreme growth cases that have taken thousand dollar accounts to hundred thousand dollar accounts using these trading methods to help thousands of rat racers shift their money – making gear into full throttle and cut short the time it takes for financial freedom.
Trading is about making more money than your losses, it’s as simple as that.
Our approach to trading is built on the fact to achieve a higher mathematical probability of winning and “out-edging the market using our proprietory system. It’s a bold statement be we know from our research and results exactly that what we say is true.
“We will out edge the market every single set. We know exactly what we need to do to make that happen. Financially, strategically, down to the dollar”. This comes from close to 20 years of trading experience – all of which is put at your service as an Asia Forex Mentor client.

LEARN TO TRADE THE MARKET WITH PRECISE PRICE ACTION – WHERE YOU CAN “PREDICT” AND UNDERSTAND WHERE THE MARKET IS HEADING TO AND WHY
“One core program” is for committed learners because learning to trade takes commitment, but I can assure you, it has everything you need to succeed from beginner to advance. It doesn’t matter if you have zero trading knowledge. 

THE LAZY TRADER

Discover the groundbreaking formula for successful online trading. You no longer need to be glued to the screen all day. TRADE AS LITTLE AS TEN MINUTES A DAY!
Basic and advanced strategies that work in all market condition, step by step tutorials from beginner to pro, tested systems that work for all asset classes. Accredited, verified, test driven and trusted. Get access now.

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