A Long position is simply one in which a trader buys a market instrument at one price and aims to sell it later at a higher price.
In this scenario, the trader benefits from a rising market.
For example, if a trader thinks that EUR/USD, that currently trades at 1.3082$, will go up, he will open a Long position. If the price does go up, the trader will be able to close his position at a higher price, pocketing the difference between the opening and the closing price of the trade.
Traders that believes that the prices of a specific market instrument are about to rise are called "bullish investors".
A market characterized by a rising trend is often called a "bull market".
Short Position
A short position is one in which the trader sells a market instrument in anticipation that it will depreciate.
In this scenario, the trader benefits from a declining market.
For example, if a trader thinks that EUR/USD, that currently trades at 1.3082$, will go down, he will open a Short position. If the price does go down, the trader will be able to close his position at a lower price, pocketing the difference between the opening and the closing price of the trade.
Traders that believes that the prices of a specific market instrument are about to fall are called "bearish investors".
A market characterized by sharp declines is often called a "bear market".
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency.
The first currency of a currency pair is called the base currency, and the second currency is called the quote, or counter, currency
.
Currency pairs are written by concatenating the ISO currency codes (ISO 4217) of the base currency and the quote currency, separating them with a slash character.
Example: GBP/USD
GBP -> base currency
USD -> quote/counter currency
According to the average daily trading volume and to the liquidity we distinguish between:
Majors, Minors and Exotic Pairs.
Major pairs
The most traded currency pairs in the world are called the Majors.
They involve Euro, US dollar, Japanese yen, Pound sterling, Australian dollar, Canadian dollar and the Swiss franc.
The Majors are:
EUR/USD - Euro/US dollar
USD/JPY - US dollar/Japanese Yen
GBP/USD - British Pound/US dollar
AUD/USD - Australian dollar/US dollar
USD/CHF - US dollar/Swiss franc
USD/CAD - US dollar/Canadian dollar
These currency pairs have high liquidity and represent more than 80% of the total Forex volume.
Minor Pairs
The Minor Currency Pairs ("Minors”) consist of those currencies traded less actively than the Majors, although their economies are still significant and they also tend to be active in international trade.
Exotic Pairs
The Exotic Pairs ("Exotics") are those pairs that are from emerging economies rather than from developed/industrialized nations.
This includes:
USD/TRY - US dollar/Turkish lira
EUR/TRY - Euro/Turkish lira
USD/ZAR - US dollar/South African rand
EUR/ZAR - Euro/South African rand
USD/CNY - US dollar/Chinese Yuan
USD/INR - US dollar/Indian Rupee
USD/MXN - US dollar/Mexican peso
USD/SGD - US dollar/Singapore dollar
etc.
Currency pairs that are not paired versus the dollar are called "Currency crosses" or simply "Crosses". Pairs that involve the euro are often called "Euro Crosses".
Currency Crosses
GBP/CAD - British pound/Canadian dollar
GBP/CHF - British pound/Swiss franc
GBP/JPY - British pound/Japanese yen
GBP/NZD - British pound/New Zealand dollar
GBP/AUD - British pound/Australian dollar
CAD/JPY - Canadian dollar/Japanese yen
AUD/JPY - Australian dollar/Japanese yen
AUD/CAD - Australian dollar/Canadian dollar
AUD/NZD - Aussie dollar/New Zealand dollar
AUD/CHF - Australian dollar/Swiss franc
NZD/JPY - New Zealand dollar/Japanese yen
CHF/JPY - Swiss franc/Japanese yen
etc.
Euro Crosses
EUR/CHF - Euro/Swiss franc
EUR/JPY - Euro/Japanese yen
EUR/GBP - Euro/British pound
EUR/CAD - Euro/Canadian dollar
EUR/AUD - Euro/Australian dollar
EUR/NZD - Euro/New Zealand dollar
Currency Pairs/Currencies nicknames
Currency pairs and currencies are often referred to by nicknames by traders rather than their symbolic nomenclature.
These are some common examples:
Currencies
Currency
Nickname
Australian dollar (AUD)
Aussie
British pound (GBP)
Cable / Sterling
Canadian dollar (CAD)
Loonie
New Zealand dollar (NZD)
Kiwi
Swiss franc (CHF)
Swissy
U.S. dollar (USD)
Buck / Greenback
Currency Pairs
Currency
Nickname
GBP/USD (British Pound/US Dollar)
Cable
EUR/USD (Euro/US Dollar)
Euro or Fiber
USD/CHF (Swiss Franc/US Dollar)
Swissy
USD/CAD (US Dollar/ Canadian Dollar)
Loonie
AUD/USD (Australian Dollar/US Dollar)
Ozzie
EUR/GBP (Euro/British Pound)
Chunnel
USD/JPY (US Dollar/Japanese Yen)
Yen
*Table taken from Wikipedia (latest data can be obtained from the Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity, http://www.bis.org/publ/rpfxf10t.pdf)
Most traded currencies by value
Currency distribution of global foreign exchange market turnover[1]
If you know about Forex you know that there can be a lot of risks involved, especially for new traders. Forex can mean high rewards, but as with everything in life, high rewards come with a high risk.
So when you start trading you should reduce your risk until you understand trading more and can control your risks.
AGEA is perfect for new traders because it gives you loads of options which can reduce your level of risk. Controlling these factors can considerably control your risk level: Leverage
Leverage is a loan provided by the broker to the trader, so that the trade can trade more capital than they have. It is given in a ratio to the amount of money you have to trade. For example a common leverage is 1:100, this means if you put $10 on to trade with, we will make this $1,000.
Initially this sounds great, as the higher amount you trade the higher profits you can make, but consequences the leverage can mean higher losses.
“Higher Leverage
Can Mean Higher Losses.”
“AGEA leverage can be
from 1:1 to 1:500”
A lower leverage is the best way to control your risk.
AGEA gives a wide range of leverage to allow you to choose the level of risk which suits you.
MetaTrader4 - 1:1 to 1:500 (initially 1:100)
Streamster – 1:100
Capital
Capital is the amount of money that you invest.
The ultimate risk of forex is losing capital. But you have to start with some money to make money in forex – right? Actually no! AGEA will give you $5 to start trading live – so you don’t need any capital to get started.
If you search the internet for “Forex Bonus” you will find offers up to many thousands of dollars – but beware, these all come with multiple terms & conditions. Most will only give you bonus’ equal to the amount you deposit – so if you don’t have anything to deposit, you’ll get no bonus.
“AGEA will give you
$5 to start trading live”
“No deposit is needed,
no expiry limit,
withdraw whenever.
Simple!“
So you search for “No Deposit Forex Bonuses” – again you will get options, but most have strict conditions on withdrawing profit from these bonus , for example you may have to triple that bonus before you can withdraw any money.
Here are a couple of real Terms & Conditions on “No Deposit Bonuses”
“1. To withdraw your free bonus you need 60 TPoints (trader points)
2. One bonus per household/IP address.
3. The bonus expires in 3 months.”
“You can use the bonus for live trading, but you cannot withdraw it.”
AGEA is different! We have no such conditions. Everyone gets $5 when they open an account, it can be used on MT4 or Streamster, no deposit is needed, no expiry limit, withdraw whenever. Simple! Spreads
Spreads are, basically, the “fee” a broker charges for you making trades. So the higher the spread the harder it will be for you to make a profit.
The brokers are themselves charged a spread by their liquidity provider (a Company who sets the forex rates).
So there will never be no spread on a trade, but the excess added to the liquidity providers will depend on the forex broker.
AGEA charges NOTHING extra on top of the spreads charged by their liquidity provider on MetaTrader 4. And has great spreads on their platform, Streamster.
Virtual trading
The best way to become a forex trading expert is to practice. Test out your strategies, and see if you profit. But you don’t want to be practicing with real money, so start with a demo account.A demo (or virtual) forex account is a simulator of a real forex platform, but you trade with virtual (fake) money.
With AGEA you can open demo accounts with MetaTrader 4 and Streamster.
You can download these at
Now you can make REAL money from trading with VIRTUAL money, through AGEA’s Master of the Month forex contest. Every month AGEA awards $100 to the trader who makes the highest virtual profit (via Streamster). You will automatically be entered when you start trading virtually on Streamster.
For more information about this contest (one of many!) go to
Education
“Knowledge is Power” – Sir Francis Bacon
Many successful traders use fundamental or technical analysis to predict when currencies are going to rise or fall, and hence when they should buy or sell.
“AGEA has an extensive education website
- Why Not Read a Page A Day?”
You can’t just guess which way a trade will go; you need to understand the currency and what affects it.
AGEA has an extensive education website so you can learn how to get the most from your trades, and plan your strategy.
9. You will then see where the program will be saved, and can select whether you want a shortcut made and the program to open after installation. Click “Next”.
10. The program will be downloaded, click “Finish” and you are done!
1. Go to your “Account Center” (this can be accessed by clicking the button in the top right side of any AGEA page).
2. Click “Platforms” > “MetaTrader” > MT4 Cabinet
3. On the page “MetaTrader 4 Cabinet”, click “Add a new account on the MetaTrader 4 Platform” which is at the bottom of the page
4. Choose which account type you want: Cent, Standard or STP, and your primary currency, and then click “Add Account”.
Cent - $10
Standard - $100
STP - $1000
5. A message will come up requesting you to enter a new password for your MT4 account.
Note: The “Master Password” is the password you use for Streamster.
If you do not add your password at this point, or want to change it at a later point, you can find this option at: “Account Center” > “Platforms” > “MetaTrader” > “MT4 Cabinet” . Then in the “Services” dropdown menu select “Change Password”.
6. Open your MT4 Software. Your Demo Account will automatically be displayed
7. To change to the Live Account – Go to “File” > “Login”
8. Enter your “Account ID” in the “Login” box, and your new password in the “Password” box.
The change the Server from “AGEA-Demo” to ‘AGEA-Live”.
9. Now you can start trading live on MT4. Remember to transfer funds into your MT4 account at “Account Center” > “Funds” > “Transfer Funds”.
To download software
Alternatively you can just click “Get Software” at the top right side of all AGEA pages.
7. A pop-up box will appear – Click “Run”.
Now you have access to MT4 and can practice trading on your virtual desk where you have been given $10,000 virtual money to trade with.
With almost a $4 trillion average daily turnover in the global foreign exchange market and many technical and fundamental techniques to help you predict the market, forex is a great way to make money in the comfort of your own home.
But with hundreds of forex brokers out there how to you know which one to choose? Here are some key points you should consider:
MT4 and Streamster Platforms
Platforms
Trading forex online is performed through a platform. One of the most internationally recognized and widely used platforms is MetaTrader 4 (known as MT4). MT4 allows many currency pairs, indexes, commodities and other futures to be traded, and assist traders by performing technical analysis at the click of a button.
Trade on mobile, tablet and PC
However if you are new to trading then a simplified platform may be more useful. AGEA provides an excellent platform, Streamster. Like MT4, Streamster beside forex offers many CFDs (indexes, commodities) but has the advantage of being more user friendly, requires no deposit (some company require thousands of dollars in deposits to use MT4) and you get a $5 reward to trade with immediately.
Furthermore, you can trade using your android phone or tablet PC!
No deposit and $5 free reward
Deposits (Investment needed)
As mentioned above, many companies require deposits when opening a live trading account. The reason for this is to protect the Company if you start losing heavily. Most MT4 accounts require a deposit of around $500.
At AGEA, however, you can open an MT4 account from as little as $10! There are three different levels of accounts; even the top account – Standard – requires only a $100 deposit. And remember Streamster requires no deposit!
Charges
Most likely you are trading not for fun but to make money. The higher you’re trading costs are, the harder it will be for you to make profit, so charges are a key factor when choosing a broker.
Forex brokers generally only charge commission on Straight-Through-Processing (STP) accounts. This is where your trade is passed onto another broker and the introducing broker just receives a commission.
However on other accounts (such as AGEA’s Streamster, MT4 Cent and MT4 Standard) no commissions are charged. One of the key areas, therefore, that differentiates brokers is the spreads. Spreads are the different between the bid and ask price of an instrument. Let say you buy an instrument and sell at exactly the same ask price, you would still make a small loss as the broker will make the bid price slightly lower than the ask price.
AGEA has institution-level low spreads on MT4 because we do not add any commission or mark-ups to the prime brokerage rates, and we choose the brokerage with the lowest spreads.
Virtual Desk
It is important that you practice trading before you go live, especially if you are new to trading. Most brokers will provide you with a virtual desk with virtual money for you to trade with, so you get to trade without the risk of losing money. But, of course, you also can’t make money just by trading on the virtual desk – except at AGEA!
Win $100 trading on AGEA’s Virtual Desk – No investment required!
AGEA runs a competition which rewards the trader who makes the highest virtual profit on the virtual Streamster desk. The reward is $100 and can be used to trade on your live desk or withdrawn.
All traders receive $5 when they open an account with AGEAto trade on the live desk, so again you could make money without investing any!
24 hour,
multilingual
support
Support
Whether you are technology pro or not, you may sometimes need some help. AGEA has a dedicated, high quality, 24 hour, multilingual online support channels. You can chat directly with one of their assistants at any time and they will be sure to help you in any way they can.
Conclusion
If you are serious about making money then you need to reduce your costs and make sure you have the right tools to learn and to trade.
AGEAoffers a multitude of platform accounts, learning tools, and full time support all at institutionally low prices!
This really is the easiest forex trading system on the market, with around 10 minutes effort on a sunday evening the trading system will trade without any intervention for the rest of the week!
Secrets that has made a lot of money over the past 10 years. This is a forex trading strategy that written into an forex EA (Eelctornic Arts) so that enjoy more free time.
Before we go any further answer some of these questions!
Have you tried forex before and failed?
Do you struggle with forex fundamental analysis?
Have you had a bad forex robot in the past?
Are you new to forex and need a forex profitable system?
You don't have a huge forex investment to get started
........If you answered YES to any of the above then the Fundabot forex is for you!
Now let's look at what you get with this forex system!
Ongoing Support and Training
Complete setup
The trading robot or EA
Complete control
Unlimited potential
The creator have been in Forex trading industry for 15 years and in that time he has made fortunes from the forex markets which has enabled me to buy property, invest and of course have a great time.
Don't worry! You don't need to be an experienced Forex trader to make money with this forex system as we will show you exactly what to do every step of the way.
How much does it cost?
This forex system should sell this $3000 plus, but today giving this away for $250 one off fee then $45 a month for the analysis and other bonus services.
*If you can show us that you have not turned a forex profit in the first 60 days we will give you your money back and you can keep the robot*
Forex trading strategies indicate the combination of strategies that are utilized by a day trader of forex for the purpose of taking decision regarding buying and selling of pair of currency at certain specific point of time. The strategies can be on the basis of charting tools that are required for analyzing facts technically or can be based upon primary actions in relation to any news in the market.
These strategies under the system of forex trading can be either in the manual format or being automated. The former includes the trader keeping a track of the signals in trading by keeping a close watch at the computer screen and evaluating the signals for deciding on either to buy or to sell. On the other hand, the latter form depicts a scenario where trader would be observed ‘teaching’ the software regarding the basis of looking for the signals and the most appropriate mode of interpreting the signals.
What are the consequences of taking up forex trading strategies?
It is a noted fact that by taking up forex trading strategies, one cannot become rich within a fortnight. In order to evolve as a constantly beneficial trader, the trader has to contribute massive amount of endeavor, time and systematic efforts. The psychology of the trader with regards to navigating the market is dependent upon his or her activities related to trading being generated each day.
There is no terminology called ‘inflexibility’ in the forex trading strategies that restricts the scope of taking decision that can change over a period of time. With the changes in market conditions, the term inflexibility gets damaged as the market conditions forces them to become so.
The strategies teach the forex traders the term ‘fish for themselves’ or the process through which positive effective results can be derived by the traders in the long term. Thus the consequence of the strategies provides the game theory that in the forex trading system, the traders who derive their best way of trading ultimately wins the race.
How to make the day trading strategies easier for a trader?
There are certain regularly applied strategies like that of breakouts in volatility and channels of price, patterns of bars, formats based on indicators, strategies of swings and many more.
The level of complexity varies within the projects but the easiest way of trading on a day basis is to pick up a strategy form among the listed few and apply. The traders can even develop a set of strategies by combining two or three of the above on the basis of options’ worthiness in terms of providing benefits to them.
It is noteworthy to state that the best contemplation in selecting the best strategy is on the basis of any one or all of the following: purpose, comprehensiveness and evenness. At present, the process of selecting the best strategy for the traders has become easy through making use of the efficient systems of both hardware as well as software.
But it is also true that for an average trader, the process of optimizing the best strategies might not be as easy as it is for efficient traders. This depends upon the methods through which the available data are evaluated and utilized by the trader.
Trading in currency of various countries is known as Forex trading. This is generally carried out through a legitimate licensed broker who is permitted to execute trades in the market of foreign exchange. Everyone is quite aware of the degree of risk attached with Forex trading. It appears tempting to earn money by trading in Forex but the process is not that trouble-free. To earn profits calls for a meticulous understanding of the system of trading in Forex. Knowledge is also necessary to forecast the future trends of the currency. It is always not possible for individuals to demonstrate such skill and expertise to deal in Forex. This is where the need of signals is identified.
What are Forex Signals?
A Forex signal means a trade that is recommended for a pair of currency. This recommendation is usually worked out by an analyst who is human or an automatic Forex robot. This recommendation is provided to the subscriber of the signal service of Forex. Owing to the nature of timing of the signals, the orders of trade are generally corresponded through website, RSS, tweet, SMS and email or through other methods that are fast. These live signals are provided on an instant basis to the traders trading in Forex.
Different Types of Forex Signals and the Way They Work
There are usually two chief types of signal providers of Forex. Among the two types the common one is the software of Forex signal.
This software cautions a trader to indulge in trading orders that are reliant on the program parameters. Also there exist numerous different programs that are also recognized as “Forex Robots” which are widely accessible by traders.
Differences in performance and price range in rates that climb up to thousands in terms of dollars. The second kind of Forex Signals are offered by traders who are professionals.
These traders make the other traders aware by keeping a constant watch on the market. They recommend opportunities regarding trades that are supported by their understanding of the indicators of the market.
Many signals of Forex just provide alerts for buy and sell transactions, but in the case of Forex Signal Live, they provide accurate replication of the account of professional traders.
This facilitates the trader to be in possession of the similar profits and protections that is offered by the signal trader. At Forex Signal Live both kinds of signals are provided.
They offer signals from their employees of genuine Forex Traders and whose experience ranges from 5 years to above 20 years. They replicate their trades and observe the similar return as they usually do from the market.
Signals are also offered from their Forex Bots that interpret the market in actual time and search for various kinds of signals of trend to offer one with a possibility to witness exceptionally high returns.
Being a Forex trader, one requires tapping into good trading chances as many as possible. One should take advantage of what works and keep on searching more methods to spread one’s risk and earn utmost profits.
Some things needs to be learned before starting trading in Forex. A proper guide is provided below:
1.Choose a broker
The first step that is important to learn about forex trading. Before starting trading in Forex, it is compulsory to choose a broker first. Decision regarding opting for a broker solely depends on the trader. There are several brokers who would offer some options that would be advantageous for some traders whereas the same options would of the broker would be regarded as useless by some other traders. So, it is necessary to reassess and evaluate the options closely that are offered by the brokers. The trader should choose the broker whose options are viewed to be most comfortable by the trader.
2.Opening a Demo Account
Once a final decision is made regarding a broker then the next step for the trader would be opening a demo account. Almost all the brokers would propose a trial period of 30 days at the least for their respective trading platforms. This provides a chance to the trader for trading on the provided trial platform by using play money instead of real money. Demo account would help the trader to decide that whether it is comfortable to trade in the broker’s trading platform by utilising the trading tools of the broker. It would not be wise for a trader to start trading with real money before determining the comfort level of the trading platform. With the help of a demo account a trader gets a grasp on the way of using the trading platform of the broker as well as gets to trade in the market in actual time.
3.Learning About Leverage
Then comes the step of learning about the leverage as trading in Forex is characteristically done by making use of leverage or margin trading. Margin is quite a helpful tool but can turn out to be quite dangerous as well if not used accurately. The brokers of Forex offer somewhere from leverage 50:1 till leverage 400:1. When the number is maximum then less money is needed while doing a huge trade. Using leverage should be carried out with great skill and care.
4.Exercise Reading of Charts
Before starting to trade the trader should make sure of getting well-known with the charts, forex trading signals and the way they work. It would be wise and beneficial to get introduced to the varied time frames and the kinds of charts available. Time frames that are shorter would provide an idea regarding the movements of the market for each and every minute. Time frames that are longer would give a picture of the market movements in longer periods and would demonstrate the bigger trends. Most of the software of charting would provide charts in the form of candlesticks, lines or bars.
5.Making the first live trade
Finally comes the time when the first live trade is done or executed by the trader. Although the demo account prepares the trader regarding the aspects of technical trading but when the trader starts trading with actual money then emotions come into the picture.
Therefore these are the important points that are necessary to learn about forex trading.
With 4 sources of laser-accurate signals, trade copiers, live trading room, daily market reviews, educational webinars, shared member's real account and free MT4 programming and more… Vladimir's Forex Signals Service is on a league of its own. Here's why:
Vladimir Ribakov is a well known active professional trader, who for the past several years discovered his passion for educating home-based traders on how to profitably trade Forex, commodities and indices.
Vladimir's Signals & Mentoring service is actually his "virtual trading office", where he provides alerts on all the trade that he takes, while communicating with his service followers, reviewing the markets in real time, teaching his methods and analyzing trades.
The trade signals originate from several sources, including Vladimir's own trades, bonus trades and guest traders, while providing trade copiers for each source. This means that members can automatically copy trades directly into their own account – no more missing good trades because you were not near your computer.
But that's not all. The service is actually a community of people who enjoy trading together. There is a members' chat room, live trading room hosted by Vladimir every day, and webinars where Vladimir teaches his proprietary trading strategies and communicates with the members, answering all their trading questions.
Here are some of the important features of the service you should know about:
Signals from Vladimir Ribakov: Being a veteran trader with vast experience of the financial markets, Vladimir trades: major and minor currency pairs; Metals & Commodities such as oil, gold, wheat; and indices such as S&P, NASDAQ, FTSE, DAX, NIKKEI. Signals are provided to all members, as opposed to other services which limit the signals according to the membership package chosen.
The signals instantly appear in MetaTrader as an alert, and are also delivered via email and in the members' area website. The members' area also provides educational explanations and screenshots.
Vladimir also provides a Trade Cloner which copies all trades automatically into the member's account, which frees you to do other things while the signals arrive and get traded.
Guest Trader: another attractive source of signals which will be available to members is from a guest trader. Several pro traders already consented to be featured as guest traders and to bring their expertise and knowledge to the members. Of course, each guest trader will trade according to his/her style and methods, and will help mentor members who would like to learn more from them.
The Guest Trader Signals will be available via a trade copier, email, MT4 direct alerts and of course inside the members' area under a separate panel.
Harmonic Patterns Signals: In addition to Vladimir Ribakov's regular signals, he will also provide bonus signals derived from Harmonic Patterns analysis. The patterns are based on specialized Fibonacci analysis. These signals are characterized by high accuracy and excellent risk/reward ratio, and are favorite among veteran and beginner traders alike.
Shared Members' Real Money Account Panel and Signals: This is an exclusive activity, providing exciting benefits for the members. The concept is new, so it deserves some explanations:
The goal is to enhance members' potential profit, and educate on how to trade real money. The account belongs to Vladimir, and he is regularly depositing his own funds into it. The account will be traded by a panel of members, who will be selected based on their track record. The panel will trade together, under Vladimir's guidance, but with full freedom to use their methods to the educational benefit of the members, and for monetary gains that will be split among all members.
If the panel gains substantial trading profits, the profits will be split between all the members.
The first members of the panel have already been selected – they are three of Vladimir's veteran followers, who have turned out to be amazing traders and mentoring figures by their own right, helping Vladimir guide new traders on a daily basis.
Investors and Critical Reverse levels: These are levels that Vladimir provides based on his information sources, giving unique insight into the trades of large investors and institutions that have the power to move the market. They are also available as a MT4 indicator which shows the levels on the member's charts, drawn directly from Vladimir's servers.
Live Trading Room: Twice a day, opens his live trading room to the members, analyzing the market and looking for trade setups in real time.
Daily Market Reviews: Each day in the morning (UK Session) Vladimir provides an insightful video review about the market. The review is available in the members' area throughout the day (and in the video archive as well).
Webinars: At least once a week, members can participate in an online webinar with Vladimir, who will explain and teach his trading methods and concepts.
Free Programming Service: Vladimir's followers often come across trading ideas and concept that could make for a great indicator or EA (robot). However, coding them into a MetaTrader indicator or Expert Advisor is a highly specialized task. Until now, the only two options were either to pay thousands of dollars for a coder to prepare it, or ask favors in internet forums, which more often than not yields a buggy, amateur-quality result.
All this has now changed for members of Vladimir's service - they have the chance to have their ideas coded by Vladimir's professional coding team, for free.
Since Vladimir offers his guidance and coding team for free, he promises to make the outcome available to all members of the service, on the members' area download page.
To conclude, for the first time traders all over the world have a one-stop-shop for all their trading needs, managed by a well known and highly followed trader, taking them into the next level of Forex & commodities trading.
With 4 sources of laser-accurate signals, trade copiers, live trading room, daily market reviews, educational webinars, shared member's real account, free MT4 programming and more… Vladimir's Forex Signals Service is on a league of its own.
Vladimir Ribakov is a well known active professional trader, who discovered his passion for educating home-based traders, showing them how to profitably trade Forex, commodities and indices.
Vladimir's Forex Signals & Mentoring service is actually his "virtual trading office", where he provides alerts on all the trade that he takes, while communicating with his service followers, reviewing the markets in real time, teaching his methods and analyzing trades.
With almost a $4 trillion average daily turnover in the global foreign exchange market and many technical and fundamental techniques to help you predict the market, forex is a great way to make money in the comfort of your own home.
But with hundreds of forex brokers out there how to you know which one to choose? Here are some key points you should consider: MT4 and Streamster Platforms
Platforms
Trading forex online is performed through a platform. One of the most internationally recognized and widely used platforms is MetaTrader 4 (known as MT4). MT4 allows many currency pairs, indexes, commodities and other futures to be traded, and assist traders by performing technical analysis at the click of a button.
Trade on mobile, tablet and PC
However if you are new to trading then a simplified platform may be more useful. AGEA provides an excellent platform, Streamster. Like MT4, Streamster beside forex offers many CFDs (indexes, commodities) but has the advantage of being more user friendly, requires no deposit (some company require thousands of dollars in deposits to use MT4) and you get a $5 reward to trade with immediately.
Furthermore, you can trade using your android phone or tablet PC!
No deposit and
$5 free reward
Deposits (Investment needed)
As mentioned above, many companies require deposits when opening a live trading account. The reason for this is to protect the Company if you start losing heavily. Most MT4 accounts require a deposit of around $500.
At AGEA, however, you can open an MT4 account from as little as $10! There are three different levels of accounts; even the top account – Standard – requires only a $100 deposit. And remember Streamster requires no deposit!\
Charges
Most likely you are trading not for fun but to make money. The higher you’re trading costs are, the harder it will be for you to make profit, so charges are a key factor when choosing a broker.
Forex brokers generally only charge commission on Straight-Through-Processing (STP) accounts. This is where your trade is passed onto another broker and the introducing broker just receives a commission.
AGEA has institution-level low spreads However on other accounts (such as AGEA’s Streamster, MT4 Cent and MT4 Standard) no commissions are charged. One of the key areas, therefore, that differentiates brokers is the spreads. Spreads are the different between the bid and ask price of an instrument. Let say you buy an instrument and sell at exactly the same ask price, you would still make a small loss as the broker will make the bid price slightly lower than the ask price.
AGEA has institution-level low spreads on MT4 because we do not add any commission or mark-ups to the prime brokerage rates, and we choose the brokerage with the lowest spreads.
Virtual Desk
It is important that you practice trading before you go live, especially if you are new to trading. Most brokers will provide you with a virtual desk with virtual money for you to trade with, so you get to trade without the risk of losing money. But, of course, you also can’t make money just by trading on the virtual desk – except at AGEA!
Win $100 trading on AGEA’s Virtual Desk –
No investment required!
AGEA runs a competition which rewards the trader who makes the highest virtual profit on the virtual Streamster desk. The reward is $100 and can be used to trade on your live desk or withdrawn.
All traders receive $5 when they open an account with AGEA to trade on the live desk, so again you could make money without investing any!
24 hour, multilingual support
Support
Whether you are technology pro or not, you may sometimes need some help. AGEA has a dedicated, high quality, 24 hour, multilingual online support channels. You can chat directly with one of their assistants at any time and they will be sure to help you in any way they can.
Conclusion
If you are serious about making money then you need to reduce your costs and make sure you have the right tools to learn and to trade.
AGEA offers a multitude of platform accounts, learning tools, and full time support all at institutionally low prices!
If you know about Forex you know that there can be a lot of risks involved, especially for new traders. Forex can mean high rewards, but as with everything in life, high rewards come with a high risk.
So when you start trading you should reduce your risk until you understand trading more and can control your risks.
AGEA is perfect for new traders because it gives you loads of options which can reduce your level of risk. Controlling these factors can considerably control your risk level:
Leverage
Leverage is a loan provided by the broker to the trader, so that the trade can trade more capital than they have. It is given in a ratio to the amount of money you have to trade. For example a common leverage is 1:100, this means if you put $10 on to trade with, we will make this $1,000.
Initially this sounds great, as the higher amount you trade the higher profits you can make, but consequences the leverage can mean higher losses.
“Higher Leverage
Can Mean Higher Losses.”
“AGEA leverage can be
from 1:1 to 1:500”
A lower leverage is the best way to control your risk.
AGEA gives a wide range of leverage to allow you to choose the level of risk which suits you.
MetaTrader4 - 1:1 to 1:500 (initially 1:100)
Streamster – 1:100
Capital
Capital is the amount of money that you invest.
The ultimate risk of forex is losing capital. But you have to start with some money to make money in forex – right? Actually no! AGEA will give you $5 to start trading live – so you don’t need any capital to get started.
If you search the internet for “Forex Bonus” you will find offers up to many thousands of dollars – but beware, these all come with multiple terms & conditions. Most will only give you bonus’ equal to the amount you deposit – so if you don’t have anything to deposit, you’ll get no bonus.
“AGEA will give you
$5 to start trading live”
“No deposit is needed, no expiry limit, withdraw whenever. Simple!“
So you search for “No Deposit Forex Bonuses” – again you will get options, but most have strict conditions on withdrawing profit from these bonus , for example you may have to triple that bonus before you can withdraw any money.
Here are a couple of real Terms & Conditions on “No Deposit Bonuses”
“1. To withdraw your free bonus you need 60 TPoints (trader points)
2. One bonus per household/IP address.
3. The bonus expires in 3 months.”
“You can use the bonus for live trading, but you cannot withdraw it.”
AGEA is different! We have no such conditions. Everyone gets $5 when they open an account, it can be used on MT4 or Streamster, no deposit is needed, no expiry limit, withdraw whenever. Simple!
Spreads
Spreads are, basically, the “fee” a broker charges for you making trades. So the higher the spread the harder it will be for you to make a profit.
The brokers are themselves charged a spread by their liquidity provider (a Company who sets the forex rates).
So there will never be no spread on a trade, but the excess added to the liquidity providers will depend on the forex broker.
AGEA charges NOTHING extra on top of the spreads charged by their liquidity provider on MetaTrader 4. And has great spreads on their platform, Streamster.
The best way to become a forex trading expert is to practice. Test out your strategies, and see if you profit. But you don’t want to be practicing with real money, so start with a demo account.
A demo (or virtual) forex account is a simulator of a real forex platform, but you trade with virtual (fake) money.
With AGEA you can open demo accounts with MetaTrader 4 and Streamster.
“AGEA awards $100 to the trader who makes the highest virtual profit”
Now you can make REAL money from trading with VIRTUAL money, through AGEA’s Master of the Month forex contest. Every month AGEA awards $100 to the trader who makes the highest virtual profit (via Streamster). You will automatically be entered when you start trading virtually on Streamster.
Many successful traders use fundamental or technical analysis to predict when currencies are going to rise or fall, and hence when they should buy or sell.
“AGEA has an extensive
education website - Why Not Read a Page A Day?”
You can’t just guess which way a trade will go; you need to understand the currency and what affects it.
AGEA has an extensive education website so you can learn how to get the most from your trades, and plan your strategy.
You definitely don’t want to be losing money because you don’t know how to use the platform right.
AGEA has a 24 hour, Multilingual Live Support, known for friendly and helpful assistants. So any time you have any problems you can contact them at: https://www.agea.com/_nsssupport.ncreSo now it’s time to get trading! Below a summary to help you decide which account suits you. Open Your Account at
