Archive for 'Foreign exchange market'

Forex Markets Face Huge Volitility in 2013

FOREX.com, the retail division of GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, today released its Q1 2013 Market Outlook report. FOREX.com analysts predict that the New Year could see a large pick-up in volatility if the US goes over the fiscal cliff edge. This would have major implications for global financial markets as risk sentiment deteriorates and the US economy faces a sharp recession.

2013 is set to be the fourth year of the sovereign debt crisis for Europe and rather than moving nearer to a resolution the crisis is expected to flare up again in the coming year. Stabilization in the Eurozone is likely to be undermined by concerns about Spain’s financial position. The fall-out from refinancing Spain has the potential to cause a major spike in market volatility and a drop in the euro. Political risk is also likely to increase during the first quarter of 2013 as the market prepares for a general election in Italy.

The dollar will be faced with two important events in Q1. The first is the outcome of fiscal cliff negotiations. The second event that is important for the dollar is the changing of the guard at the Federal Open Market Committee, which could see a dovish bias at the US central bank.

“If the US goes over the cliff edge then the dollar could attract safe haven flows and stocks may sell off like we saw during debt ceiling negotiations in the US in August 2011,” said Kathleen Brooks, Research Director, FOREX.com.

Ms. Brooks added: “After a period of intense risk aversion we could see markets start to recover in late Q1.  From a macro perspective, the US could join the Eurozone and Japan in falling back into recession, which may ignite a global decline. Without a bold solution to the European debt crisis and a deal in Washington we cannot envisage a significant pick-up in global sentiment in the first quarter.”

Expectations from the FOREX.com Q1 2013 Markets Outlook include:

  • The outlook for EURUSD is bleak and we may see some sharp declines over the quarter as sovereign concerns especially in Spain start to heat up;
  • There are signs Chinese growth is starting to pick up, this should fuel appreciation in the renminbi during the first quarter of 2013;
  • The AUD, CAD and NZD may remain subdued  as these commodity currencies are most sensitive to the bleak global growth outlook;
  • Gold and silver could have an adventurous quarter as two opposing forces, including sluggish global growth and fresh monetary stimulus, impact the precious metals space ;
  • The spread between UK and US oil could remain at elevated levels ($20-25) for the foreseeable future as long as bottlenecks in the supply of oil remain and tensions remain in the Middle East.

The FOREX.com Markets Outlook report highlights potential price ranges for key pairs, such as EUR/USD, GBP/USD, USD/JPY, EUR/GBP and USD/RUB.  Major foreign equity markets; key commodities including gold, silver, oil and agriculture are also covered.

The FOREX.com Markets Outlook report is prepared by Research Director Kathleen Brooks, Senior Technical Strategists Chris Tevere, CMT, Eric Viloria, CMT, and Research Analyst Chris Tedder.

The full FOREX.com Q1 2013 Markets Outlook Report is now available at www.forex.com under “Research”.

Foreign Exchange and other leveraged products involve significant risk of loss and are not suitable for all investors. Increasing leverage increases risk. Before deciding to trade foreign exchange and other leveraged products, you should carefully consider your financial objectives, level of experience and risk appetite. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Contracts for Difference (CFDs) are not available for US residents.

GAIN Capital and its affiliates are regulated by the Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA) and the Securities and Exchange Commission (SEC) in the US; the Financial Services Authority (FSA) in the UK; the Financial Services Agency (FSA) in Japan; the Securities and Futures Commission (SFC) in HK; the Investment Industry Regulatory Organization of Canada (IIROC); and the Australian Securities and Investments Commission (ASIC) in Australia

The opinions and information in this report are for general information use and are not intended as an offer or solicitation to any product offered.

About GAIN Capital

GAIN Capital Holdings, Inc. (NYSE: GCAP) is a global provider of online trading services. GAIN’s innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including foreign exchange (forex or FX), contracts for difference (CFDs) and exchange-based products, to a diverse client base of retail and institutional investors.

Through our retail brand, FOREX.com, we provide retail traders around the world with access to a variety of global OTC financial markets, including forex, precious metals and CFDs on commodities and indices.  A market leader for over a decade, FOREX.com supports clients from over 140 countries and our products and services are available in multiple languages, including English, German, Chinese, Japanese, Russian and Arabic.

GAIN Capital also operates GTX, a fully independent FX ECN for hedge funds and institutions; Open eCry, an innovative online futures broker; and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer.

GAIN Capital and its affiliates have offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo; Singapore; Beijing and Seoul.

For company information, visit www.gaincapital.com.

CONTACT: In North America, Chris Mittendorf, +1-212-704-8134 or Samantha Nelson, +1-212-704-4589, both of Edelman, pr@gaincapital.com or In EMEA, Sorrel Beynon, +44 (0) 20 3047 2365 or Laura Crooks, +44 (0) 20 3047 2366, both of Edelman, gain@edelman.com

Web Site: http://www.gaincapital.com

Top Forex Broker Does It Again

English: Typical SMS forex signal, delivered t...

Forex (Photo credit: Wikipedia)

Investors vote OANDA as winner of the ‘Highest Overall Client Satisfaction’ and ‘Value for Money’ awards in 2012

OANDA, a global provider of innovative foreign exchange trading services, has won two awards in Singapore from Investment Trends, a specialist financial services research agency. OANDA was ranked No. 1 for the third year running for “Highest Overall Client Satisfaction”, and was also awarded “Best Value for Money” in forex*. OANDA has won two awards every year the survey has been conducted by Investment Trends. This year’s awards are based on a survey conducted by Investment Trends that received responses from 11,762 traders and investors in Singapore.

“These awards recognize OANDA’s continuous efforts to improve our trading platform and develop new features, as well as our commitment to provide clients with high quality forex trading experiences backed by excellent customer support. It’s good to see that OANDA’s clients are satisfied with our reliable and easy-to-use FX trading platform: its superior quality of execution, innovative features, and tight spreads. Winning the award for highest overall satisfaction is seen as highly prestigious,” said K Duker, CEO of OANDA.

“It is a testament to our hard work and emphasizes our goal to be the most trusted partner for retail forex traders.”

Investment Trends is a global research firm and has been conducting studies in the retail CFD, FX and online broking markets for over 10 years. The survey, conducted in September 2012, is the largest and most extensive study on the Singapore CFD and FX market, analyzing how traders and investors rate the leading FX and CFD providers.

“We are thrilled to be recognized by forex traders for our technology leadership and our reputation for excellence in client service. Singapore is an extremely competitive market, yet OANDA has a continuously growing number of clients because traders trust our services. We have increased our market share and we’re pleased to see that traders recognize our commitment to help them succeed in the volatile FX market. It validates our work in providing innovative tools, data and information traders need – from traditional news sources, social networks, industry experts, and OANDA’s own aggregated market data,” says Marion Lang, Head of Sales and Marketing for OANDA.

* Based on the Investment Trends September 2012   Singapore CFD & FX Report

Notes to the Editors

About OANDA

OANDA Corporation has transformed the business of foreign exchange through an innovative approach to forex trading. The company’s leading online trading platform, fxTrade, introduced a number of firsts to the marketplace, including immediate execution; instant settlement on trades; trades of any size between one unit and 10 million units; and interest calculated by the second. OANDA was the first online provider of comprehensive currency exchange information, and today the company’s OANDA Rate® data are the benchmark rates for corporations, auditing firms, and central banks.

OANDA Corporation has seven offices worldwide, in Chicago, London, New York, Singapore, Tokyo, Toronto, and Zurich. OANDA is fully regulated by the U.S. Commodity Futures Trading Commission (CFTC), the U.S. National Futures Association (NFA), the Monetary Authority of Singapore (MAS), the Investment Industry Regulatory Organization of Canada (IIROC), the UK Financial Services Authority (FSA), and the Japanese Financial Services Agency (FSA).

Contacts:

Cognito for OANDA Corporation
Paul Bowhay / Bryony Scragg
Direct: +44(0)20-7426-9400
OANDAPR@cognitomedia.com
http://www.cognitomedia.com

City Index Group

FX Solutions LLC, a leading retail foreign exchange (forex) dealer and part of the City Index group of companies, today announced the launch of capped variable pricing for its U.S. customers.*

The new pricing is available on the MetaTrader4 (MT4) and GTS trading platforms across 28 forex pairs.  Customers can trade on spreads as low as 0.8 pips on EUR/USD and 1 pip on GBP/USD, USD/JPY and AUD/USD.

The pricing aims to move in sync with the underlying market, potentially providing tighter spreads as liquidity improves.  A ‘cap’ or ‘limit’ is placed on the spread with the intent of restricting it from widening more than the listed cap level.

In the opinion of FX Solutions, the ‘cap’ provides advantages over other variable spread providers, whose spreads, without a ‘cap’, can widen excessively around economic events.  Using Capped Variable Pricing, FX Solutions customers can trade more efficiently with potentially lower spreads.

Capped Variable Pricing is the latest addition to FX Solutions’ U.S. offering and follows the expansion of its market analysis and forex education capabilities with the recent appointment of Chief Technical Strategist, James Chen.

To find out more about FX Solutions, please visit www.fxsolutions.com.

About FX Solutions

FX Solutions is a leading foreign exchange broker with a focus on advanced trading technologies, transparency of trading and customer service. To learn more about FX Solutions, please visit www.fxsolutions.com.

Forex trading involves a substantial risk of loss and may not be suitable for all investors.  FX Solutions is compensated through a portion of the bid/ask spread.

* While we strive to offer capped pricing (spreads) at all times, there may be occasions where a significant market or world event may force us to widen spreads beyond the caps without prior notice. The last time spreads were widened beyond set levels was February 2009. NZD/USD widened from 5 to 7 pips. Spreads vary based on market conditions, including volatility, liquidity and other factors. The minimum spreads referenced herein are intended to occur periodically in normal market conditions on select currency pairs. The spreads you experience throughout a day will differ.

CONTACT: Michelle Welk, +1-609-750-9114, mwelk@sspr.com

Web Site: http://www.fxsolutions.com

Learn How to Trade the Forex Markets with Easy Video Tutorials

Learn How to Trade the Forex Markets with Easy Video Tutorials-Image via Wikipedia

Award-winning forex dealer FX Solutions ( http://www.fxsolutions.com ) is hosting a range of trading platform tutorials to help its clients react quickly and effectively to market movements.

These easy-to-use video guides cover everything from logging on to entering, managing and closing trades across all four FX Solutions platforms. If a trader wishes to enable one-click trading, understand the forex calculator or place an order, FX Solutions offers a video to show them how.

As well as offering an educational menu perfect for new traders, FX Solutions was recently named ‘Overall Best Forex Broker [http://www.fxsolutions.com/company-info/company-news/overall-best-forex-broker.asp ] ‘ for veteran traders by SmartMoney magazine. Accepting the accolade, FX Solutions CEO Michael Cairns commented: “To be singled out in such a highly regarded publication is a true testament to the FX Solutions overall value proposition. We love traders of all experience levels and I’m pleased SmartMoney agrees we are well suited for the most savvy and experienced traders.”

To learn more about trading with FX Solutions, visit http://www.fxsolutions.com

Forex trading involves substantial risk of loss and is not suitable for all investors.

About FX Solutions

FX Solutions [http://www.fxsolutions.com ] is a leading foreign exchange dealer with a focus on advanced forex trading [http://www.fxsolutions.com/trading/forex.asp ] technologies, transparency of transaction and unparalleled customer service. FX Solutions serves retail clients, white label partners, institutional trading partners and introducing brokers in over 140 countries.

FX Solutions’ products are regulated in the United States, United Kingdom and Australia. FX Solutions in the United States is regulated as a member of National Futures Association, and registered with the Commodity Futures Trading Commission as a Futures Commission Merchant/Forex Dealer Member. In the United Kingdom, FX Solutions is a registered trading name of City Index Limited which is authorized and regulated by the Financial Services Authority. FX Solutions in Australia is a registered trading name of City Index Australia Pty Ltd. which is authorized and regulated by the Australian Securities and Investments Commission.

For more on forex currency trading online [http://www.fxsolutions.com/trading ], please visit http://www.fxsolutions.com http://www.fxsol.co.uk and http://www.fxsolutions.com.au

Contact: Paul Cassidy, FX Solutions, +1-201-345-2210, pcassidy@fxsol.com

FX Broker Offers New Charting Service

Autochartist’s ambition is to listen to their client’s needs and offer valuable solutions, to this end their new service, named “AlpariAM”, is completely geared towards giving traders as much valuable information as possible, and in the shortest achievable time, for opportunities in the Forex market. It’s almost like a take-away espresso – it packs a lot of punch while being quick and easy to digest.

AlpariAM is based on the world-renowned technical analysis service that made Autochartist so popular among retail traders. The identified opportunities are visual signals that people find easy to understand and use to quickly formulate their opinions on market direction. This, in combination with other basic technical indicators such as RSI and moving averages, gives AlpariAM the potency that enables traders to assimilate the information in a short time.

Indeed, this product is aimed at traders who need a quick overview of the forex market. The interface is simple and intuitive with both text and images that describe key levels of support and resistance. This is available in eleven languages, and graphically illustrates the patterns that have formed with the direction in which price movements are expected to move.

The Chief Operating Officer of Autochartist, Erik Voges, says, “The simplicity and crispness of this interface is enough to please most traders , but the real power behind this interface lies with the amount of information that it enables traders to absorb in a very short time.”

Since Alpari account holders are spread far and wide across the globe, it makes sense for these reports to be released three times daily, at the opening of trade in the 3 most influential forex markets, starting with Tokyo in the morning, and followed by London and then New York. With each update around a dozen of the latest chart pattern formations are displayed on the currency pair graphs. These opportunities typically have a lifespan of between 6 to 40 hours, during which they can be considered trade-able.

Autochartist currently boasts a high statistical average – around 70% of chart patterns reaching their forecast levels. With such a remarkable track record, versatile tools and commitment to their clients, Autocharist remains the global leader in chart pattern recognition.

“We are very excited to launch an innovative new research tool like ‘Alpari AM’ in partnership with a high-caliber name such as Autochartist. Our long-standing relationship gave us the opportunity of being the first broker in the FX space to offer this product making our clients the first traders to sample it in action.”, said George Tchetvertakov, Head of Market Research at Alpari (UK).

About Autochartist

After being founded in 2004, Autochartist currently services the largest and most successful on-line brokerage firms and institutions. More than 2,000,000 chart patterns are viewed by customers in over 80 countries worldwide. Scanning a wide array of instruments like Forex, CFDs, equities and commodities, Autochartist has established itself and has remained an important value adding service for Brokers, Market Makers and Educational companies

About Alpari

With a history dating back to 1998, the Alpari companies (“Alpari”) are among the world’s fastest growing providers of online foreign exchange (“FX”, “Forex”) trading services. The companies provide cutting edge technology, low-cost trading, comprehensive market research tools, advanced educational programmes and world-class customer service.
The group of Alpari companies has offices in over 20 countries. Locations include London, New York, Tokyo, Shanghai, Dubai, Moscow, Mumbai and Frankfurt. Combined, the companies look after over 170,000 active trading accounts, generating monthly trading volumes in excess of $210 billion and employ over 630 people worldwide.

Forex Broker Expands Services to Include ECN

Forex Broker Expands Services to Include ECN

Forex Broker Expands Services to Include ECN-Image via Wikipedia

As a result of this merger, ITFX will be a prominent leader in the Online Forex industry as one of the most diverse and user-friendly Forex Trading platforms to fulfill the clients’ needs and expectations in this complex industry. It will not only allow them to access ECN and STP on MT4, but give them diversification in their trading techniques and allow them more options to advance to the next level of Online Trading. http://www.investtechfx.com

ECN brokers are the purest breeds among all Forex Currency Exchanges. They don’t profit on spread difference; their only profit comes from commission. ITFX is transforming as part of a merger to enhance their Forex ECN services as well as their functionality when it comes to completing worldwide transactions in the Online Forex Market .

InvestTechFX’s current management team proposed the creation of a new management company designed to expand upon its core strengths as a software solutions company providing the MT4 platform for FX Trading. The proposal was approved in August 2011 which includes a merger with an Asian-based operation. The merger will allow InvestTechFX to offer clients direct access to (ECN) Electronic Communications Network as well continuing STP service. Previously, ITFX acted strictly as a Straight Through Processor (STP) and No Dealing Desk (NDD). As recognized in the industry, ITFX was solely a Non-Dealing Desk Software Solutions Company that processed clients’ trades on the STP network uninterrupted to the Interbank. Now with this new merger, ITFX will be joining the latest trends in the Forex Trading Industry by moving to the Forex ECN style of trading while maintaining STP status.

Deal Desk Brokers contrast in many diverse ways. The differences that separate types of brokers in the Forex Market break down into three major groups:

There are market makers, which trade against traders to make a profit as well as manipulate their spreads. In addition, some customers of market makers usually experience delayed orders. Another style of broker known is STP, this kind of broker sends orders directly to the Interbank. STPs offer the option of fixed or variable spreads which often benefits all parties. Finally ECN’s offer variable spreads based on supply, demand, volatility and other conditions in the market and in return allow the trader to trade on very tight spreads. Forex ECN’s also have a larger pool of traders compared to STPs and which gives faster execution of orders and no re-quotes to the customers.

As the above suggests, the Forex ECN Network presents a much better environment in terms of the client’s needs and expectations with regards to pricing, faster execution of orders, variable spreads and convenience of no re-quotes.
After the launch date September 1, 2011, the new format will allow ITFX, the 0.5 PIP fixed provider, to maintain its NDD status while enabling them to operate in both ECN and STP networks. With this new format, they will be able to increase their competitive edge as well as allow clients more options within their Forex Trading techniques. http://www.investtechfx.com

Forex Broker Offers Risk Management Tips

Here are three tips on forex risk management from award-winning broker FX Solutions ( http://www.fxsolutions.com).

Keep your trade sizes sensible

Even the most experienced trader can be outmanoeuvred by the breakneck pace of the foreign exchange market, not to mention the leverage involved in forex trading [http://www.fxsolutions.com/learning-tools/forex-glossary.asp ]. Leverage can boost your profits, but it can also magnify your losses in the same way should the markets move against you. Every forex trader gets things wrong at some point, so never trade more than you can afford to lose. A bad trade is forgivable – an overtrade is not.

Know your markets and the activity around them

As Sandy Jadeja, Technical Strategist of FX Solutions, states: “The methods of utilizing technical analysis are many and varied. They include such ubiquitous concepts as head and shoulders, support and resistance, trends, moving averages, and double-tops.”

Fundamental analysis also brings a host of potential catalysts into consideration in the form of major economic reports and news events. Analyse both past technical data and news feeds to gain a clearer picture of the state of a currency.

Make use of all the tools available

FX Solutions offers free newsfeeds, tutorials, forex charting packages [http://www.fxsolutions.com/learning-tools/charting.asp ] and more, all of which can provide you with invaluable support and insights into workings of the foreign exchange market.

Another effective tool to minimize your potential downsides is to employ stop-loss orders on every trade you place. Stop-losses automatically exit a position when a trade reaches a certain price point, therefore limiting losses or locking in profits depending on the point at which they are applied.

For example, imagine the euro is about to rise against the U.S. dollar, and that you have opened a position of 100,000 units at $1.4500. Placing a stop-loss order at $1.4460 would limit your maximum loss to $400 while also giving the trade room to potentially turn around should the market start to move against you.

Find out more about the forex trading tools available from FX Solutions [http://www.fxsolutions.com ], by visiting the company’s education centre at:

http://www.fxsolutions.com/learning-tools/education-center.asp

Forex trading involves substantial risk of loss and is not suitable for all investors.

About FX Solutions

FX Solutions is a leading foreign exchange broker with a focus on advanced forex trading [http://www.fxsolutions.com ] technologies, transparency of transaction and unparalleled customer service. FX Solutions serves retail clients, white label partners, institutional trading partners and introducing brokers in over 140 countries.

FX Solutions’ products are regulated in the United States, United Kingdom and Australia. FX Solutions in the United States is regulated as a member of National Futures Association, and registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. In the United Kingdom, FX Solutions is a registered trading name of City Index Limited which is authorized and regulated by the Financial Services Authority. FX Solutions in Australia is a registered trading name of City Index Australia Pty Ltd. which is authorized and regulated by the Australian Securities and Investments Commission.

For more information on forex trading, or to open a free forex demo account [http://www.fxsolutions.com/accounts/practice-account.asp ], please visit http://www.fxsolutions.com http://www.fxsol.co.uk and http://www.fxsolutions.com.au

Contact: Paul Cassidy, FX Solutions, +1-201-345-2210, pcassidy[at]fxsol.com

FX Solutions (http://www.fxsolutions.com), one of the world’s leading retail forex trading brokers, has appointed a new CEO of its Americas business and a Managing Director of its Middle East offering as it looks to further enhance its award-winning forex output.

David Trew has become the CEO of FX Solutions [http://www.fxsolutions.com ] LLC following a highly-successful period running City Index’s Asia Pacific office, which witnessed substantial growth under his leadership. He previously headed up CMC Markets’ Asia Pacific office, where he oversaw its growth from a start-up to a 350-employee business, spanning 11 offices in six countries and accounting for nearly 50 percent of the company’s global revenues. Trew will be responsible for FX Solution’s Americas business, overseeing the company’s strategy for the region.

Michael Cairns becomes Managing Director of Middle East operations, where he will spearhead the group’s offering throughout the region. Cairns has been with FX Solutions since its inception in 2001 and has played a vital role in developing the business rules and logic behind the award-winning GTS platform [http://www.fxsolutions.com/trading/platforms.asp ]. Cairns, formerly CEO of FX Solutions LLC in New York, will bring extensive expertise in business expansion as the company looks to seize the growth opportunities in the forex markets of Arabic-speaking nations. Learn more about the four cutting-edge trading platforms offered by FX Solutions at:

http://www.fxsolutions.com/trading

Forex trading [http://www.fxsolutions.com/trading/forex ] involves substantial risk of loss and is not suitable for all investors.

About FX Solutions

FX Solutions is a leading online forex trading [http://www.fxsolutions.com/trading ] with a focus on advanced trading technologies, transparency of transaction and unparalleled customer service. FX Solutions serves retail clients, white label partners, institutional trading partners and introducing brokers in over 140 countries.

FX Solutions’ products are regulated in the United States, United Kingdom and Australia. FX Solutions in the United States is regulated as a member of National Futures Association, and registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. In the United Kingdom, FX Solutions is a registered trading name of City Index Limited which is authorized and regulated by the Financial Services Authority. FX Solutions in Australia is a registered trading name of City Index Australia Pty Ltd. which is authorized and regulated by the Australian Securities and Investments Commission.

For more information, or to try a free forex practice account [http://www.fxsolutions.com/accounts/practice-account.asp ], please visit http://www.fxsolutions.comhttp://www.fxsol.co.uk and http://www.fxsolutions.com.au

Contact: Paul Cassidy, FX Solutions, +1-201-345-2210, pcassidy[at]fxsol.com

Learn Forex Trading from Top Brokerage

bforex is getting ready to launch a series of promotions aimed at helping traders learn more about forex trading while having fun. These promotions are all part of bforex’s cutting edge approach to making forex trading educational, fun and rewarding. It’s this approach which makes the bforex trading platform the favorite choice of many traders.

Do you have what it takes to be a master trader? That’s the question bforex asked its forex traders with the launch of its recent The Master Trader Challenge. The promotion, which ran for the month of July, is only one in a series planned for the upcoming months aimed at getting traders to learn more about forex trading and to have fun doing so.

“The success of The Master Trader Challenge was in the fact that it placed an emphasis on informed trading by encouraging traders to use the bforex Academy and other onsite bforex learning material which makes not only Forex trading but the PROfit platform easy to use,” said Monica Goldon, the VP of Business Development for bforex.

All traders who traded between July 1 and July 31 were automatically entered into the challenge. Traders were encouraged to fight their way to the top with prizes being given to the top three traders. The winners were determined by success rate which included money invested and volume generated. The prize for the first place winner was 1,500 USD, second place was 1,000 USD and third place was an iPad 2. There was also a weekly 500 USD bonus prize for traders with the highest success rate.

The promotion generated a buzz and saw thousands of traders eagerly compete for the winning spot. It was a trader from Turkey who walked away with first place. But it doesn’t end there. The good news is that there are many other chances to win as bforex gets ready to launch other exciting promotions.

The forex learning and winning kicks off with the bforex Happy Hour promotion which runs for the whole of August. The promotion starts August 4 from 14:00- 17:00 GMT. During these hours, traders will be eligible to receive improved rates and generous bonuses on deposits they make into their account. All bforex traders who trade during those hours are eligible to take part in the promotion.

These promotions are all part of bforex’s cutting edge approach to making forex trading educational, fun and rewarding. It’s this approach which makes the bforex trading platform the favorite choice of many traders.

About bforex:
bforex.com is a world leading foreign exchange broker established on an entrepreneurial vision to provide FX traders with simple and intuitive interaction with the Forex market. We are highly valued by our customers due to our expertise in providing traders with unrivalled execution speed, 24 hour assistance, tight spreads, superior exchange rates, commission free trading and a cutting-edge trading platform.

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