Liberty Reserve Closed | Liberty Reserve.com is down?

Liberty Reserve Logo

Liberty Reserve is closed today for Money Laundering crimes and its owner Arthur Budovsky has been arrested in Spain. Charges filed against him includes money transfer from child pornography and drug trafficking. Its really a shock for millions of LR users. There is not yet an official report of deposited funds which averages to $10 billion US Dollar.

Continue reading “Liberty Reserve Closed | Liberty Reserve.com is down?”

IFC Markets | Forex Trading Market

IFC Markets Review

IFC Markets Promotions

IFC Markets Corporation is registered in British Virgin Islands (BVI). IFC Markets is a licensee of MetaTrader 4 as well as NetTradeX platform. They have enough reputation on offering low spread Forex brokerage services. In addition to the usual set of financial instruments, IFC Markets do offer trading on XAUXAG, XAUOIL and XAUSnP. Clients Funds are insured by Chartis Cyprus Limited, up to a maximum of 1 million Euro.

IFC Markets supports funding methods by Bank Transfer, Credit Card, WebMoney and Liberty Reserve. They also offer market overview, technical analysis as well as widgets for embedding on other websites. With respect to customer service, IFC Markets have almost all modes including Live Chat and Support via Skype.

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IFC Markets : Forex Broker Information

CompanyIFC Markets Corporation
Founded2006
Trading PlatformsMetaTrader 4
NetTradeX
Payment OptionsShow Options
Wire Transfer
Liberty Reserve
Web Money
Credit/Debit Cards
Customer SupportShow Methods
Email
Live Chat
Skype
CallBack
Phone
WebForm
Trading Server TimeCET

IFC Markets : Trading Accounts

Forex TermsBeginner (NetTradeX)Standard (NetTradeX)Micro (MT4)Standard (MT4)
Min. deposit$1$200$10$300
Max. deposit$3,000 Unlimited$3,000 Unlimited
Max. allowed equity$5,000 Unlimited$5,000 Unlimted
Max. Leverage1:4001:2001:4001:200
PlatformsNetTradeXNetTradeXMetaTrader 4MetaTrader 4

IFC Markets : Payment Modes

IFC Markets supports payments by Wire Transfer, Liberty Reserve, WebMoney and a traditional Credit/Debit Cards. Among all the above, WebMoney costs less in terms of deposit fees around 0.8% of the payment with a maximum of $50. For higher investments, use Bank Transfer since it has a minimum per transaction fee capped at $30.

IFC Markets : Forex Resources & Tools

  • Technical Analysis
  • Economic Calendar
  • Market Analysis
  • Forex News Widgets
  • [account_live][account_demo]

    Simple RSI strategy automated for Forex Market

    RSI Expert AdvisorMany Forex Traders, know the power of RSI ( Relative Strength Index ) which helps to measure the strength and direction of the markets. Default settings are 14 period RSI applied to close. RSI comes under the class of momentum indicator which usually indicates how far the current trend will be available in the financial markets. This concept was developed in a book, New Concepts in Technical Trading Systems by Welles Wilder. With this concept of RSI, a trader can identify overbought and oversold conditions, trend continuation and reversal patterns. With MetaTrader Terminal, user can know the overall action of RSI over a time frame at a click. No need to worry about the calculations, everything is done for you. Yet one should be aware of the settings of RSI. I have used default settings of 14 period and applied to close. RSI works well on longer time frames. Continue reading “Simple RSI strategy automated for Forex Market”

    Double Stochastic Cross Over Expert Advisor

    Double Stochastic EALiterally Stochastic means aim or guess. Stochastic Oscillator is a technical lagging momentum indicator developed by George. C. Lane. Stochastic Oscillator just follows the speed or momentum of price. Before using any technical indicator or Expert Advisor, a trader must be aware of on what conditions it may work. It is most commonly used to identify overbought and oversold levels. Many new traders follow Stochastic Oscillator’s signal. Most commonly used setting is 14,3,3 applied to Low/High. Professional trader’s can make money by just following divergence and bull/bears setups seen in Stoch Oscillator. Following is the formula used with Stochastic Oscillator:

    %K = 100[(C – L14)/(H14 – L14 )]

    where C = Recent Closing Price
    L14 = Low of previous 14-period bars
    H14 = High of previous 14-period bars
    %D = 3-period Moving Average of %K

    Continue reading “Double Stochastic Cross Over Expert Advisor”

    FXCast Forex Broker | UK Forex Brokers

    FXCast Review

    FXCast Review

    FXCast is regulated by FSC Mauritius under a business name, Surplus Finance S.A. They offer no dealing desk execution with no requotes policy. They offer a maximum leverage of up to 1:500, yet accounts started with a deposit of $10 will have a default leverage of 1:400. Use of Expert Advisors (EAs) are allowed but scalping technique is not allowed. EAs are disabled by default but can be activated by opening a support ticket.

    Every payments must be approved by Compliance Department in order to make sure the transactions are up to the international standards. They do offer a protection against negative balance. FXCast offers special bonus ranging from 25 USD to 25,000 USD based on size of deposits. FXCast also provides Introduction to Forex Trading guide and a simple Margin/Pip-value calculator.

    In addition to special bonus for deposits, FXCast also encourages best traders by offering rewards of up to $25,000 USD every month based on their performance. In order to be eligible, you have to open a Forex Trading account with just $250 USD.

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    FXCast : UK Forex Broker

    CompanySurplus Finance S.A.
    Founded2005
    Trading PlatformsShow Platforms
    MetaTrader 4
    Sersart Mobile Trader
    Payment ModesShow Options
    Wire Transfer
    Liberty Reserve
    MoneyBookers
    WebMoney
    Credit/Debit Cards
    Neteller
    Thanh Toan Bao Kim
    C-gold
    Perfect Money
    SolidTrustPay
    Customer Support viaShow Modes
    Live Chat
    Office
    Phone
    Email
    Callback
    Forum
    Skype
    WebForm
    Trading Server TimeGMT
    US TradersNot Accepted

    FXCast : Trading Accounts

    Forex TermsBasicStandard ECNPro ECN
    Min. Deposit$10$1,000$10,000
    Min. Lot Size0.01 lot0.01 lot0.01 lot
    SpreadsVariable$85 commission per
    1 million/side
    $60 commission per
    1 million/side
    Max. Leverage1:5001:5001:500
    Expert AdvisorsAllowedAllowedAllowed
    Margin Call-Level30%30%30%

    FXCast : Payment Modes

    FXCast offers wide variety of payment options for adding funds to the trading accounts easily. FXCast accepts Bank Wire and Credit/Debit Card deposits with a fee yet other payment options do not levy a fee for deposit. All payment options accepted by FXCast, will charge a small fee on withdrawals.

    • Bank Wire
    • Credit/Debit Card
    • SolidTrustPay
    • Liberty Reserve
    • Neteller
    • Thanh Toan Bao Kim
    • MoneyBookers
    • WebMoney
    • c-gold
    • Perfect Money

    Payza is no longer accepted by FXCast due to new regulations within United Kingdom.

    FXCast : Forex Resources & Tools

    • Customer Forum
    • Introduction to Forex Trading
    • Economic Calendar
    • Pip Value Calculator

    [account_live][account_demo]

    Forex4You Forex Broker | UK Forex Broker

    Forex4You Review

    ForexBroker Review

    Forex4You is regulated by FSC on British Virgin Islands(BVI). They offer both Dealing Desk as well as Non-Dealing Desk executions with 4 & 5 digit pricing. Spreads are fixed for Dealing Desk Execution and variable for Non DD execution based on the type of accounts registered with. They offer a variety of trading accounts covering needs of almost all level of traders. Forex4You also offers PAMM accounts useful for money managers in order to manage clients funds on a percentage basis with Limited Power of Attorney, shortly known as LPA.

    Forex4You supports major credit cards, e-wallets like WebMoney, CertoPay, MoneyBookers and Liberty Reserve. They have listed average execution speed on their website which shows reliability on execution speed compared to other Forex Brokers. They also offer technical and fundamental analysis on majors on a daily basis. Forex4You is best at the execution speeds among the best UK Forex Brokers.

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    Forex4You: Forex Broker Information

    Companye-Global Trade & Finance Group Inc.
    Founded2007
    RegulationFSC, BVI
    Trading PlatformsMetaTrader 4
    Payment ModesShow Options
    Wire Transfer
    Liberty Reserve
    Liqpay
    MoneyBookers
    QIWI
    WebMoney
    Yandex Money
    Credit/Debit Cards
    Customer Support viaShow Modes
    Live Chat
    Office
    Phone
    Email
    Trading Server TimeCET
    US TradersNot Accepted

    Forex4You: Types of Accounts

    Forex AccountsMin. Account SizeMin. Lot SizeMax. LeverageMargin Call Level
    Cent Lite (Instant)$10.0001 lot1:50020%
    Cent (Instant)$100.001 lot1:50020%
    Classic Lite (Instant)$10.01 lot1:50050%
    Classic (Instant)$5000.05 lot1:50050%
    Cent NDD (Instant)$10.0001 lot1:50020%
    Classic NDD (Instant)$1,000 0.01 lot1:500100%
    Pro STP$3,000 0.1 lot1:200100%
    Cent Lite (Market)$10.0001 lot1:50020%
    Cent (Market)$100.001 lotNA20%
    Classic Lite (Market)$10.01 lot1:50050%
    Classic (Market)$5000.05 lot1:50050%
    Cent NDD (Market)$10.0001 lot1:50020%
    Classic NDD (Market)$1,000 0.01 lot1:500100%

    Forex4You: Payment Methods

    Forex4You accepts major payment systems like Credit Card, Bank Wire Transfer and electronic payment systems like NetPay, Liberty Reserve, CertoPay, NetPay and Skrill. They do offer a bonus program on initial deposits which is a kick-start for every forex trader.
    With respect to withdrawals, Forex4You offers Payoneer MasterCard from which one can withdraw funds internationally at any ATMs. In addition to Payoneer type withdrawal, they also support Bank Wire Transfers, WebMoney, Liberty Reserve and MoneyBookers. All withdrawals are processed within 48 business hours.

    Forex4You: Forex Resources & Tools

  • Daily Videocast
  • Trading Central Videocast
  • Fundamental & Technical analysis
  • [account_live][account_demo]

    Simple Moving Average Cross Over | MT4 Expert Advisors (EAs)

    MA Cross Over MT4Moving Average is a lagging indicator used mostly by stocks and Forex Traders. Moving Average (MA) is one of the best trend confirmation tool, works best in trending markets. Moving Average is calculated over a period of time applied either to close or high/low. When used on lower time frames like M5, M15 & M30, Moving Average signals unclear cross overs. It is best to use a moving average over a larger time frame like 200 day SMA, 21 day EMA and much more.

    Moving Average Cross Over is one of the best trend confirmation tool. It is wise to use two Moving Averages , one with a lesser period and other with a higher period. One of the famous and best Forex strategy is using Golden Cross and Dead Cross for entering in to markets. One can learn how to trade the markets, only by understanding how the confirmation tools work and at what conditions they won’t fit.

    Golden Cross & Dead Cross

    When 14 day Simple Moving Average (SMA) crosses above 28 day SMA, it is widely known as Golden Cross. This is a bullish signal used widely by the Forex traders. When 14 day SMA goes below 28 day SMA, that cross is known as Dead Cross and it is a bearish signal.

    Automating MA Cross Over Trading Strategy

    [adsense]Automated Forex Trading gives apt entry points with error-free trading. This Expert Advisor is compatible with Meta Trader 4. SMA Cross Over Expert Advisor involves two Moving Average Cross Overs. Continue reading “Simple Moving Average Cross Over | MT4 Expert Advisors (EAs)”

    Finotec Forex Broker

    Finotec Review

    Finotec UK Forex Broker

    Finotec is regulated by FSA UK (470392) offering Online Forex Trading with over 30 currency pairs. Islamic accounts and Managed Accounts are available with Finotec UK Forex Broker. They offers two kinds of platforms namely, MetaTrader 4 & SkyTrader. Maximum Leverage offered is 1:200. In addition to CFD trading, Finotec also offers online broker solutions which means they help you to run a real time margin FX business with latest technical tools, back office and much more. Online broker solutions are available for both new and active forex brokers.

    Advanced Services from Finotec includes MT4 liquidity bridge, prime brokerage and API integration. Finotec follows one-time market order executions which means No Dealing Desk as well as No Requotes. They also offer fast executions even at high volatility of the markets and SMS price alerts to keep the traders vigil about the current status. Finotec doesn’t accepts US Traders and minimum investment needed is $200.

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    Finotec : Forex Broker Information

    CompanyFinotec Trading UK Ltd
    Founded1998
    Trading PlatformsShow Platforms
    Sky Trader
    MetaTrader 4
    RegulationFSA UK
    Payment ModesShow Options
    Wire Transfer
    Credit/Debit Cards
    Customer Support viaShow Modes
    Live Chat
    Phone
    Email
    Callback
    Trading Server TimeGMT
    US TradersNot Accepted
    Islamic AccountsAvailable

    Finotec : Trading Accounts

    Forex TermsMini AccountStandard Account
    Min. Deposit$200$10,000
    Min. Lot Size0.1 lot0.1 lot
    SpreadsFixedFixed
    Max. Leverage1:2001:200
    Expert AdvisorsAllowedAllowed

    Finotec : Payment Modes

    Finotec only supports Wire Transfer and Credit Card transfers. This is the usual traditional methods available with almost all Forex Brokers. They accept VISA, AMEX and MasterCard for account deposits. Minimum account size is $200 with maximum 1:200 leverage.

    Finotec : Forex Resources & Tools

  • Voice Trading
  • Online Broker Solutions
  • API Integration
  • MT4 Liquidity Bridge
  • Electronic Trading Tools & Services
  • [account_live][account_demo]

    CMC Markets Forex Broker

    CMC Markets Review

    CMC Markets Forex Broker

    CMC Markets is a FSA regulated UK Forex Broker offering Spread Betting, Forex and CFD Trading. CMC offers next generation forex trading platforms namely MarketMaker which offers trading directly from charts as well as Pattern Scanner. Offering lowest spreads on EUR/USD from 0.7 pts with 0.25% margin which is the tightest spreads on FX Trading.

    CMC Markets offers Market execution which means no requotes and no dealer intervention on processing order requests. CMC Markets offers trading on over 300 currency pairs with premium customer service and top quality daily content covering Market News closely.

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    CMC Markets : Forex Broker Information

    CompanyCMC Markets UK PLC
    Founded1989
    Trading PlatformsShow Platforms
    MarketMaker
    Customised CMC Trading Platform
    RegulationFSA UK
    Payment ModesShow Options
    Credit/Debit Cards
    WebMoney
    Customer Support viaShow Modes
    Phone
    Email
    Office
    WebForm
    Trading Server TimeGMT
    Segregated AccountsAvailable

    CMC Markets : Trading Accounts

    Forex TermsLive
    Min. Deposit£200
    Min. Lot Size1 lot
    SpreadFixed
    Max. Leverage1:100
    Mobile TradingAvailable

    CMC Markets : Payment Modes

    CMC Markets Payment ModesCMC Markets supports both Credit/Debit Cards and WebMoney. For an online payment, clients can choose WebMOney in order to deposit with CMC Markets. Do Contact the Client Management Team on +44 (0)20 3003 8588 for clarifications on account funding with CMC Markets.

    CMC Markets : Forex Resources & Tools

  • Price Alerts
  • Advanced Charting
  • Pattern Scanner
  • News & Analysis
  • Forex Education
  • [account_live][account_demo]

    TradeNext Forex Broker

    TradeNext Review

    TradeNext Review

    With a fancy and clean website, TradeNext is one of the reliable Brokerge firm offering services on Forex, Commodities & CFDs. Their biggest advatage is their platform. Every MT4 lover, will like their iTrader platform. It has been backed up with MetaTrader architecture favoring better visual experience for clients. They offer one click STP execution with competitive spreads in the industry.

    One among the best UK ForexBrokers, TradeNext offers iTrader platform that can be easily downloaded by opening a demo account. After successful sign up, one will receive the instructions on how to proceed the download. TradeNext has been regulated by Financial Services Authority (FSA) and covers clients funds through segregated accounts. With robust iTrader techology, a trader can follow top performers on their own using iConnect (Under Development).

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    TradeNext : Forex Broker Information

    CompanyTradenext Limited
    Founded2010
    Trading PlatformsiTrader
    Payment ModesShow Options
    Bank Wire
    Credit/Debit Cards
    MoneyBookers
    iPay (Yet to launch)
    RegulationFSA UK
    Customer Support viaShow Modes
    CallBack
    Live Chat
    Phone
    Email
    Trading Server TimeGMT

    TradeNext : Trading Accounts

    Forex TermsiTrader MicroiTrader ClassiciTrader Pro
    Minimum Investment$500$1000 - $10,000$10,000 and above
    SpreadsFixedVariableLowest Spreads
    compared to other types of accounts
    LAMM & PAMM supportNoYesYes
    Trade Ticket SystemNoNo Yes
    Suitable forShort term to Long term TradersMedium to Long term TradersInstitutional Traders

    TradeNext : Payment Modes

    TradeNext offers more ways of account funding favoring clients money transactions. USD, GBP and EUR deposits are accepted. Other currencies can be exchanged but with certain fees, contact your payment provider. As a trusted Forex Broker, TradeNext do not accept third-party payments to prevent money laundering.

  • Wire Transfer
  • Credit/Debit Cards
  • Skrill MoneyBookers
  • iPay (Yet to launch)
  • TradeNext : Forex Resources & Tools

  • LAMM & PAMM Accounts
  • Algorithmic Trading
  • Market News
  • Economic Calendar
  • Trader Sentiment
  • Forex Video Tutorials
  • Forex Glossary
  • [account_live][account_demo]