Selasa, 22 Mei 2012

PFGFX

PFGFX or Pro Finance Group Inc., was founded in the year 2000 by professional traders who had a vision of offering traders with another way to trade outside of the current Foreign Exchange market.  From the outset, this company's goal has been to inspire its customers' faith and help them gain mastery.  PFGFX deals with online trading in Foreign Exchange, Contracts for Difference, metals, futures and investment management.

This company's website is very conservative looking in terms of its color scheme and this would immediately inspire a visitor's confidence and give an impression of reliability...which is the truth about PFGFX, given its years of experience and dedication to performance and customer service.  The home page features a splash of color in the middle, indicating that this company keeps up with the trends and offers state-of-the-art technology. The platform used is PFG FX Trader that offers significant features like Expert Advisor, Back-testing trading strategies, and Multiple Charting Capability.

Some of the advantages of dealing with PFGFX are:
-24-hour BEST Forex trading
-Free information and analytical tools to all customers
-Fully automated Black Box Forex trading
-Automated trailing stop
-100:1 or 200:1 leverage depending on account.

The website provides ample information on account opening, different types of accounts and their features, currency rates, addresses and telephone numbers for customer service the world over, demo accounts, and mobile trading. Certainly the place to go if one wants to get to know this company and become a customer!

Selasa, 15 Mei 2012

WorldWide Markets

WorldWide Markets, (WWM) provides online trading and risk management for Forex, gold, oil, and other security indices. They are regulated by the British Virgin Island Financial Services Commission and their license number is provided on their site, making it easy for potential clients to check out the company independently. WWM prides itself on providing high security systems for all client accounts, something they believe sets them apart from other Forex brokers.
During our WorldWide Markets review we found that their services are available in English, Arabic, Chinese and Spanish, and they are available for customer service via phone, email, and post-mail. It is also easy to be in touch with WorldWide Markets through their Twitter and Facebook pages.  The minimum deposit for WorldWide Markets is $25, so traders can test out a live account if they prefer without investing too much initially. 
MetaTrader 4, Mobile, Flash-Trader, FX Options Pro and iTrader for Android are the platforms provided by WorldWide Markets and all are available on both demo and live accounts. WorldWide Markets is currently working hard to finish iPhone and iPad applications though they are not currently ready.
A notable advantage to having an account with Word Wide Markets is their WWM Debit card given to customers with $500 or more in their accounts. It is easy to apply for a debit card through their website.  This solution allows traders the ability to withdraw their funds directly onto a prepaid debit card, for easy spending wherever they desire. 

Traders Way

Trader's Way is a no dealing desk/STP Forex broker that provides traders with a range of interesting trading opportunities. Specifically, Trader's Way offers markets in the Forex, Stocks, Energies, Commodities, and Metals industry using a MetaTrader 4 platform. There are no limits if you sign up with a broker on Trader's Way and you have four account possibilities to sign up with.
A nice feature about the trading conditions at Trader's Way is that the minimum deposit is $0.2! They provide both live and Forex practice accounts to help you get started and depositing or withdrawing money is very simple.
A bonus for signing up with Trader's Way is a 55% deposit bonus. We would like to see more promotions available on their site, however for now that is what's available. Perhaps more importantly, we discovered during this Trader’s Way review that the brokerage is not regulated, which is something that we cannot easily overlook. Equally concerning is that the broker says straight out that they do not require any documentation to open an account – you will only need documentation to deposit via credit card and to withdraw.
The brokerage offers both fixed and variable spreads on their standard accounts, as well as ECN and micro account options.  While this sounds like a nice range of offerings, we often find that brokers focusing on one specific offering or trading type are more focused and easier to work with.  FXPRIMUS, for example, offers only ECN trading but at least traders can remain focused – while enjoying knowing that they are trading with a secure, regulated brokerage.  The same cannot be said for Trader’s Way.
There’s no question that during our Trader’s Way review we found the brokerage to oversimplify the trading process and to market their services to new traders who wouldn’t know any better than to be seduced by bonuses and marketing hype.  If you’re looking for a serious Forex trading experience, we’d recommend nearly any other Forex brokerage. 

Axiory

Axiory is a brokerage firm that focuses on Forex and CFD market trading. They are regulated by SIBA (#090768) and provide services for clients in the UK, Switzerland, Hong Kong, India, Australia, and Malaysia. They are currently not accepting United States clients. Axiory is available 24 hours a day during the trading week and has easy accessible methods for being in contact with them, including a live chat window that pops up on the website when you log on.
Axiory partnered up with one of the world's largest banks, HSBC for maximum fund security and provides an Axiory Mastercard which you can withdraw funds to. Axiory has services for individual self traders as well as money managers. For the individual trader, one can sign up for a demo or live Axiory account and can find useful tools for a beginner or expert.  During this Axiory review we found the services to be satisfactory, though it felt somewhat like the broker was trying too hard to entice new traders. 
The platforms that Axiory provide are the MetaTrader4 for PC and Mac, Mobile Trading, ChartTrader for MT4, and Axiory Multi-trader. There are how-to videos for the MetaTrader4 platform as well as webinars and Market analyses designed to help Forex traders at all levels.
Besides for a Facebook and Twitter account, Axiory has a useful Youtube channel with thorough videos on Forex trading and Forex related events. Finally, it's worth noting that Axiory partners with Mirror Trader and Currensee to provide traders with the opportunity to follow others rather than making their own decisions about the market. 

Minggu, 29 April 2012

Lembex

Thinking of trading with Lembex as your Forex broker?  Read this comprehensive Lembex review, completed by our team of experts, to determine if this Malta-based brokerage is right for you.
The first thing we noted is that Lembex is regulated by the MFSA (Malta Financial Services Association).  But aside from this regulation, there were few redeeming qualities that we found about the brokerage.  We’ve reviewed hundreds of Forex brokers, and we found that most of them provide much better explanatory and educational material than Lembex. Additionally, Lembex provides trading of Forex, CFD's, Futures and Stocks. We would have liked to see more commodities in that list.
Lembex does provide both demo and regular trading accounts, however in order to open an account you need to contact them first. You cannot see an example of an account and there is no information provided unless you contact them first. There is a 24 hour customer service, which can be helpful.
When depositing and withdrawing money into your Lembex account there is a minimum $200 deposit required and there are withdrawal and wire transfer fees on all transactions, which of course is not ideal. Lembex also only accepts Visa and Mastercard credit cards for deposit.
Lembex is a good company when trading simply with mostly Forex markets, however we were disappointed overall with their website and the lack of promotions, bonuses, and other features we have seen with other brokers.

Strategem FX

Strategem FX is a Belize-based Forex broker that launched in 2011.  The brokerage offers a range of account types, including a free demo, though their minimum deposit is $1000 for a silver account, and $10,000 for a gold account.  VIP and managed accounts are also available, and deposits for all accounts can be made by credit card or wire transfer only.  We were unable to find a mini or micro account available during our Strategem FX review.
Strategem FX offers a maximum leverage of 1:100, helping to limit the risk of their traders, something we found quite admirable in a time when many Forex brokers offer maximal leverage that can cause new traders to wipe out quickly.  Traders interested in learning about Strategem FX’s trading conditions may be a bit challenged – while the brokerage publically notes that they offer 72 currency pairs, it does not elaborate on the nature of its variable spreads, something that most traders are interested in. 

Trading Platforms

The trading platforms available for Strategem FX traders include multiple MetaTrader 4 platforms, including the standard downloadable platform, mobile trading platform and Web Trader.  New traders will be satisfied with these offerings, though more discerning traders may prefer a wider range of platform options. 
Strategem FX claims to offer free Forex signals, which we were surprised to see are powered by Dukascopy.  However, we were not able to access the signals with our demo account, though we would like to believe that such a service would be available with a properly funded Forex trading account.  The setup for the signals was impressive, enabling traders to choose between different types of Forex signals based on their preferred trading style. 
Overall, our Strategem FX review showed us that the brokerage has a lot of potential, but that it is still lacking some of the features and panache of a more established brokerage.  We’ll be interested in watching this brokerage develop to see if its founders have what it takes to take the company to the next level.  The potential is definitely there. 

FinForce FX

The FinForce FX Company has been serving Forex traders since 2003 as a subsidiary of a different Forex broker.  In 2005 FinForce opened as an independent Forex brokerage with the goal of providing Forex traders worldwide with online trading services. The company offers currency trading tools and services with advanced trading options for CFD’s on spot FX, futures, stocks and spot precious metals. The site also features open positions, charts, traders contest and FX levels and Forex News.
During our FinForce FX review we were unable to confirm that the company is, in fact, regulated.  Though we saw some other reviews claiming that the brokerage is regulated by CySEC, we could not find any confirmation on the broker’s website in this regard.  FinForce FX is based in Russia, and their website is available in English and Russian only. 

FinForce FX Trading Platform

FinForce FX offers the downloadable version of the MT4 platform only.  Traders looking for a web-based platform or proprietary software that may enhance their trading experience will have to look elsewhere, at top Forex brokers such as eToro or Markets.com.
Traders looking to test the waters can use the company’s demo account to try out different Forex trading strategies or to see how FinForce’s version of the MetaTrader 4 platform works.  Oddly, there is no minimum deposit required in order to open a live account with FinForce FX, though clearly traders who do not deposit cannot trade Forex on their live account.

Investments

Finforce FX claims that they implement multiple risk management to help their clients remain profitable in the Forex market.  Such risk management techniques include the sharing of strict disciplines, trading ideas and technical analysis to help clients build their investments.
Traders willing to deposit a minimum of $50,000 with FinForce FX can take advantage of the company’s managed accounts, through which account managers tend to the client’s funds.  FinForce’s website claims that each client’s money is maintained separately so that there is no pool of funds.