Rabu, 28 Maret 2012

Capital Forex Pro

Capital Forex Pro is a division of the London Capital Group.  London Capital Group is described as a dynamic and rapidly growing financial services company, which was launched in the mid-1990s. That company is also described as active in institutional foreign exchange and derivatives brokering.  Capital Forex Pro goes on to describe itself as a second-tier prime broker providing financial institutions, hedge funds and professional traders totally unrestricted access to the Forex market.  This access is achieved by way of multibank portals.  That allows trade with multiple counterparties the best rates with deep liquidity using a prime broker’s credit line. The prime broker for Capital Forex Pro is a member of the worldwide credit link settlements (CLS). CLS was established to eliminate cross-border credit risks associated with currency settlements.

Capital Forex Pro is constantly looking to forge new partnerships that provide solutions in the Forex markets.

Capital Forex Pro recommends the use of the Currenex platform for its clients, however it offers access to a variety of other trading platforms including FXAll, Lava FX, HotSpot FXi or EBS Prime of  Prime. Clearly a financial professional may be required to evaluate the offerings available from Capital Forex Pro.

Upon opening an account a client will receive a personal account manager. This will provide that client direct contact with Capital Forex Pro and allow the company to respond to individual needs in the most time efficient manner possible. Individuals will receive the trading platforms of their choice and back office software (most likely Spectrum Back Office) from Capital Forex Pro that provides them with straight through processing with real-time position keeping statements, unrealized and realized profit and loss, real-time marketing and positioning.

Experienced traders and financial professionals may find much to like at capitalforexpro.com. Those new to the Forex market may need to consider other options.

InterForex

InterForex chooses to describe itself as a fast growing online CFD and Foreign Exchange brokerage firm offering commission-free Spot FX & CFD trading. InterForex describes its clientele as “institutions and money managers.”

The company operates out of New York City with another office in Argentina. Any sort of history of InterForex is unavailable at www.interforex.net. This makes gauging Interforex’s growth and importance somewhat problematic.

On its web site InterForex offers fairly comprehensive descriptions of both CFD and Foreign Exchange trading and the risks and rewards that those markets can present to traders. It can be somewhat difficult to distinguish the general descriptions of CFD and Forex trading offered on the web site from the specific policies, procedures and products that InterForex offers to its clients.

InterForex does offer its own trading platform to clients eponymously called InterForex. The platform is available in two versions –  Basic, Java based, and Advanced,  which is a desktop application –  Win-trader. Inherent in each version of the platform is the ability to execute numerous types of orders, hedging and trailing stops. The platform is appropriate for Spot Forex, CFD, Futures, or Indexes trading environments.

Platform features include:
•    Secure login right from desktop or browser (for the Java version)
•    Instant Auto Execution, No Negotiations or intervention, hedging
•    Over 160 Instruments (including Forex, CFD, Shares, Indices)
•    Easy first-time setup
•    24 hour charts, streaming news and economic event calendar
•    Up to the second price quotes
•    24-hour customer support

A practice (or demo) account is offered by InterForex to new traders and potential clients. Specifics regarding that option aren’t described at www.interforex.net.

A link to “Live Support” brings up a web form that needs to harvest your email address. One can hope that actual clients of InterForex experience livelier support than that.

The Collective FX

The Collective FX is definitely not a group of wild-eyed special effects bohemians from the Hollywood Hills. The Collective FX is a group of autotraders who created a brokerage for themselves to create for themselves (and others) the absolute best trading environment. As you may know autotrading in financial markets like forex cedes control of some or all of the decision-making and trading actions to software designed to interpret market trends and charts faster and better than humans can.

The Collective FX suggests that it is more profitable to participate in the market as one’s own broker when trading foreign exchange. The collective aspect of this operation involves a group of traders who created a brokerage for themselves in order to obtain the absolute best institutional pricing and spreads. Additionally this collective approach to the market allows members to have complete control over their quotes as opposed to brokers controlling some or all aspects of the quoting process.

Rightly or wrongly the Collective FX characterizes brokerages as focused on making money by charging clients fees, commissions and widening the spread so they make money on every trade a client places. In contrast to that approach Collective FX’s profit motive is said to be derived solely from its own trading activities. This is said to eliminate the “us” and “them” mentality that prevails in trading traditionally with a traditional brokerage.

It’s possible that the best way to get a handle on this somewhat unorthodox approach to trading is to download the free The CollectiveFX Trading Demo. The sales pitch at www.thecollectivefx.com is certainly aggressive. If that approach is based on pride in a solution that offers increased profitability to the ordinary forex trader or on a desperate attempt to sell an approach to trading that is of dubious utility should be left to you to decide. Regardless, this option may suit experienced traders much better than neophytes.

CapTrader

At the web site CapTrader.com the German company CapTrader proclaims that Chairman and CEO Rafael Neustadt founded it around twelve years ago. CapTrader serves institutional and professional traders with a variety of electronically traded products including stocks, options, futures, forex, bonds and funds. The company operates worldwide. All tolled the firm and its affiliates execute upwards of 1,000,000 trades on a daily basis. Its services extend to both private and institutional clients.

In general leverages are offered at 40:1. The minimum transaction size amounts to 3,500 Euros. Stop orders and limit orders are supported, as well as trailing stop orders. The absence of demo account availability may be indicative of CapTrader’s tendency to cater to a wide variety of experienced traders whether they be institutional or private. Like other trader-oriented sites http://www.cfdspros.com/brokers/cap-trader offers a window into the news of the day that pertains to the worldwide financial markets.

Although CapTrader may have significant market presence its web presence seems to be only a part of (or hosted by) a web site named www.cfdspros.com. That web site appears to act as an umbrella site for a number of other financial market oriented companies. Five other companies besides CapTrader appear under the letter C in the alphabetic listing found at www.cfdspros.com.

In actual fact there is another web site at www.captrader.com, which appears to offer more substantial information about CapTrader and its products. At that site software packages called CapTrader, WebTrader and MobileTrader are described as the platform components used by the company and a demo version of the platform seems to be available.

CapTrader’s support services are highlighted by live chat and a callback service that operates weekdays from 8 am to 10 pm. Where those times are local is not clearly indicated.

CapTrader’s educational seminars and Webinars are available for free.

FXPrice

On the face of it www.fxprice.com appears to be a site designed by Franco phones. Linguistic hurdles can be quickly surmounted, however, by clicking on the American Flag icon or one associated with the Spanish language found in the upper right hand corner of the landing page. The FXPrice LLC mission statement is very straightforward:

“FXPrice LLC was established by a group of top foreign exchange trading professionals to serve only one purpose: to provide valuable foreign exchange trading information to forex investors.”

FXPrice's Foreign Exchange services are provided in partnership with FX Solutions LLC, a leading market maker in online foreign exchange trading.

One can also use the facilities found on the FXPrice website to open an account and start trading in the forex market. Additionally FXPrice will provide real-time forex quotes, real time forex commentary, forex charts and forex news. Those new to the foreign exchange market can open a demo account at www.fxprice.com. They will need to fill out an email form to get a 60-day, $10,000 demo account for free. As with other similar offers one can experiment with trading in currencies to get a consequence-free feel for how the ups and inevitable downs of the forex market unfold over time.

If one has any experience in this market the next question often relates to the trading platform used by a company like FXPrice. The answer is that FXPrice recommends FX Solutions' proprietary Global Trading System. FXPrice touts this Windows based tool as providing traders “freedom and power”. Links are provided to PDF-based manuals that further describe what the software can do. Other software tools are promised for FXPrice clients in the near future. A link is provided for email support in French or English. A link to live support does not appear to be working yet.

KerfordFX

Kerford Investments provides direct access to the international financial market, while offering specialized trading and execution services in Foreign Exchange, Metals and Over-the-Counter markets. Its marketing efforts seem to be directed at small- to mid-sized traders. Nothing more regarding Kerford Investments’ history or the regulatory environment in which they operate can be found at its web site.

Since we write in English, we expect to communicate with an investment company that speaks our language with a reasonable degree of proficiency. We found a few too many lapses in the presentation of the Kerford Investment story at www.kerfordfx.com. A sentence such as “Kerford with its ability to care group of clients and its global reach strengthen the relationship in trading,” is not a confidence builder.

In its “About Us” section Kerford Investments puts forth the claim that “with our proprietary software, you can now have the benefit of real-time and reliable information, 24/7, from around the world…” We understand proprietary to mean that a company owns something like software. It usually indicates at least a somewhat exclusive use of software. Making the widely available platform such as MetaTrader 4 available to one’s clients doesn’t qualify as “proprietary” in our opinion. That is all that Kerford appears to do.

In the Trading Platform section of Kerford Investments web site we are informed that “Kerford Investments achieved a number of recognitions as one of the best multi-product trading platforms available.” A promised Walkthrough of the trading platform is “Under Development ”.

Kerford Investments appears to want to establish a worldwide trading presence. However links to sites in the Americas, Lebanon, South Africa and a host of other locales are either labeled as Under Development or ask the web visitor to “Check back soon”.

A live chat option appears to be functional, but Kerford appears right now to be more talk than substance.

MarkeTrade

MarkeTrade.com describes itself as a service of WR Hambrecht + Co. In fact it is a fully owned division of that aforementioned company. MarkeTrade.com describes its operation as dedicated "to the needs of the Asian-American community." One specific need is the desire by members of that community to "use their native language for daily communication."
The company's mission, since it’s founding over ten years ago, has been to fuse technology with traditional trading services, which, presumably, are non-technical in nature. Nowadays MarkeTrade.com offers its clients Web-basing trading and direct access to Electric Communication Network (ECN) trading. This is a private order matching system maintained separately from public markets such as NASDAQ and NYSE.
The platforms offered by MarkeTrade.com include Marketrade.PRO designed for frequent traders and featuring Level I and II real-time streaming quotes, routing of orders directly to ECNs, real-time buying power calculation and daily profit and loss analysis all wrapped up in what is described as a user-friendly interface. Also available is MarkeTrade.BASIC which offers commission rates starting at $5.95, a minimum of only $200 to open an account, Level I streaming quotes and free real-time quotes and real-time confirmations and buying power calculations. MarkeTrade also offers clients the option to invest in fixed income products that offer less risk than day trader type products and access to mutual fund opportunities as well as retirement plans.
The best place find out how things work at www.marketrade.com is the FAQ section. This section very thoroughly outlines the conditions and features of the products that the company makes available to its clients. Information on how client investment funds are secured is also referenced there.
Applying for an account at MarkeTrade is simple. Each step to apply is listed clearly on their site walking you through the process. There are pages throughout the website that explains each process to opening an account, and what do if you will need a foreign account etc. You can also access a forex demo account before you open a live account. MarkeTrade is known for their account protection and there is no additional cost for it. The site lists customer support numbers in case you need help applying.
Customer Support Reps are available 6:15 am - 4:00 pm Monday - Friday PST to assist clients with questions on trading or other procedures.

Loyal Forex

Loyal Forex-says that it was started by a group of private Forex traders who were seeking an honest way to trade in a world of dishonest firms that were offering Forex trading services of one kind or another to their clients.  Loyal Forex wants its name to stand for the company's stated loyalty to its customers and it is intent on building customer loyalty to Loyal Forex itself.
That is just about all the information available on the Loyal Forex web site about this company. Further contact with Loyal Forex seems possible only through an e-mail link. Deposits will soon be accepted by credit card or wire. Applications can be actioned through a fax submittal as well as a web-based sign up.
The Loyal Forex web site indicates a partnership connection to a company called Prime4x. That company is regulated under the Financial Services Commission (FSC).

Loyal Forex, like many of its competitors, offers the MetaTrader 4 platform for use by its clients. It describes MetaTrader 4 as the standard for charting in the Forex world and it is probably right in that assertion. Trading conditions made available to Loyal Forex clients using this platform include:
•    Fixed 2 pip spread in EUR/USD
•    Fixed 2.00 pip spread on Majors
•    Fixed 1 pip majors on Pro Accounts 50k & above
•    Narrow spreads across all currency pairs, as well as gold and silver
•    No additional transaction fees
•    No additional ticket fees or commissions
•    No margin calls
•    No slippage

A demo account option is also available that involves taking MetaTrader 4 for a test run.
Loyal Forex also offers Affiliate and IB programs for professional traders.

Educational efforts offered for Loyal Forex clients are minimal at best with only a few Forex related terms defined under a tab entitled Forex Learning. According to the web site Forex classes are coming soon.

MarkeTrade

MarkeTrade.com describes itself as a service of WR Hambrecht + Co. In fact it is a fully owned division of that aforementioned company. MarkeTrade.com describes its operation as dedicated "to the needs of the Asian-American community." One specific need is the desire by members of that community to "use their native language for daily communication."
The company's mission, since it’s founding over ten years ago, has been to fuse technology with traditional trading services, which, presumably, are non-technical in nature. Nowadays MarkeTrade.com offers its clients Web-basing trading and direct access to Electric Communication Network (ECN) trading. This is a private order matching system maintained separately from public markets such as NASDAQ and NYSE.
The platforms offered by MarkeTrade.com include Marketrade.PRO designed for frequent traders and featuring Level I and II real-time streaming quotes, routing of orders directly to ECNs, real-time buying power calculation and daily profit and loss analysis all wrapped up in what is described as a user-friendly interface. Also available is MarkeTrade.BASIC which offers commission rates starting at $5.95, a minimum of only $200 to open an account, Level I streaming quotes and free real-time quotes and real-time confirmations and buying power calculations. MarkeTrade also offers clients the option to invest in fixed income products that offer less risk than day trader type products and access to mutual fund opportunities as well as retirement plans.
The best place find out how things work at www.marketrade.com is the FAQ section. This section very thoroughly outlines the conditions and features of the products that the company makes available to its clients. Information on how client investment funds are secured is also referenced there.
Applying for an account at MarkeTrade is simple. Each step to apply is listed clearly on their site walking you through the process. There are pages throughout the website that explains each process to opening an account, and what do if you will need a foreign account etc. You can also access a forex demo account before you open a live account. MarkeTrade is known for their account protection and there is no additional cost for it. The site lists customer support numbers in case you need help applying.
Customer Support Reps are available 6:15 am - 4:00 pm Monday - Friday PST to assist clients with questions on trading or other procedures.

investment house international

Professional Forex-traders and brokers started Investment House International (IHI).  Its founders also numbered software developers among their ranks. According to the company profile this has allowed IHI to cater to the needs of traders from its very inception.  The company was actually founded in 2002.  IHI claims to be one of the world's leading online retail trading institutions and seeks to provide user-friendly Forex trading software.  Over a 3-year period the company experienced 250% growth.

IHI supports over 5,000 clients on a worldwide basis including institutions and individuals.  Client funds are insured and held in a separate customer account. The company serves clients in English, French, Spanish, Chinese, Russian and Arabic.  The exact geographical location of the company is not easily determined from information available online. Other sources indicate that IHI has offices in the British Virgin Islands.

New clients can open accounts with IHI with a minimum $500 invested. A standard account offers spreads for EUR/USD of 2 pips at there lowest. The company can act as an introducing broker. Apparently IHI operates as a non-regulated broker.

IHI FX's platform trading software is called Vertex Trader. Vertex Trader is not proprietary to IHI. The platform offers a client terminal with a Net Trade screen through which a trader can read his net trades for each symbol. This lets a trader decide based on the Average price what action to take. All open positions can be selected and closed by a single click. PDA and Web trading capabilities are built into the platform, which is available as a single 6 MB download.

Like many such sites the IHI web site offers some educational content, which is designed to allow new traders to grasp Forex market principles and distinctions. A Forex glossary is also featured. Client support appears to be email-based.

Forex Ukraine

Entering www.forexua.com brings a Ukrainian language web site to the screen. Thankfully selecting “Eng” in the upper right hand corner of the home page makes information about Forex Ukraine available for review by those of us who need a translation. Russian language service also appears to be offered here.

We might wish that the English translation offered here for Forex Ukraine’s services were a little freer of awkward syntax, since doing any task in our book is worth doing well. Those tasks would also include servicing client who wishes to trade on the Forex market.

Forex Ukraine’s stated mission of offering its clients flagship services of online Forex and CFDs trading as well as a suite of other services including analytics, financial news, demo accounts, and performance-oriented education courses is a worthy one.

At its most basic Forex Ukraine offers clients spreads from 3 pips, a minimal deposit requirement $200 and instant execution of trades. The necessary details of a trading relationship with Forex Ukraine are not very well spelled out. Like many such web sites put up by similar concerns the information found here tends to drift into marketing hype instead of concrete details. The details may be there and the service may well be superb but simply stating that “Client-service is a full-featured system of online management of Clients trading accounts,” is not very convincing.

Forex Ukraine is not at all alone in offering MetaTrader 4 as the platform of choice for facilitating trading in Forex. Forex Ukraine hints that MetaTrader 5 will bring further improvements to its offerings as well.

A forum that relates to Forex trading appears to be available to Ukrainian speakers only. An Introducing Broker option is available. For newer traders a paid for education option is offered by Forex Ukraine as well as a free demo account.

AKforex

You might suppose that there’s something familiar about AKforex. That something may be its association with The Ikon Group, which is a large provider of financial trading service to over 18,000 institutional and retail clients in over 90 countries. The scope of AKforex’s activities is considerably more limited. Specifically, AKforex offers online forex trading as an Introducing Broker for the Royal Division of Ikon GM.

The Royal Division is part of Ikon Global Markets, Inc. An introducing broker is simply some one or an organization that can perform all the functions of a broker except for accepting money, securities, or property from a client.

AKforex is headquartered in the city of Athens in Greece. From that location it caters to exclusive investors from around the world by offering unique and individualized service. It focuses its activities on an exclusive client segment and prides itself on its quality of service in the market. Its clients are both private and institutional. In essence its offers a managed account experience for those lacking the time, the experience or the desire to trade in the currency markets themselves.

A managed account is said to offer some of the following advantages:
•    Management by professional traders with extensive experience and knowledge
•    Asset diversification from Forex trading that not is correlated to the stock market
•    Equal trading facility in both rising and falling FOREX markets.
•    Real-time account management with 24-7 access statement reporting
•    Asset liquidity.
•    An emphasis on low-risk strategies

AKforex requires a minimum balance of $10,000 USD to open a managed Forex account on your behalf.
The platform of choice for AKforex is the ever-popular MetaTrader 4.
A free practice account is also available for those who are considering  a relationship with AKforex or who may want to hands-on experience trading Forex in a risk-free fashion.

Selasa, 27 Maret 2012

Ikon Group

The Ikon Group offers its clients the opportunity to trade in Forex, metals, options, futures and CFDs. Unlike some other “groups” the Ikon Group is a meaningful name in that it supports and promotes all the Ikon companies and their financial products worldwide.

The company offers no less than 15 platforms in online Forex and Metals trading worldwide and over 8 other platforms in the fields of Futures, CFDs, Options, and NASDAQ Futures Exchange (NFX) and Non Deliverable Forwards (NDF) products.

It is somewhat difficult to be skeptical about a firm with over 18,000 institutional and retail clients in over 90 countries, that is regulated on four continents and that can offer 24/7 multilingual customer service support. Suffice it to say that those wishing to deal with Ikon are dealing with a major financial concern. Not many trading companies can boast of the appointment of a distinguished former Senator like Larry Pressler as Chairman of its Global Advisory Board. One wonders whether such prestige may cost extra.

Among the 15 platforms are products that take advantage of technologies from major companies such as Currenex as well as MetaTrader. A cursory evaluation cannot do them justice. Nor can a simple review of Ikon’s many facetted web site.

Perhaps in an acknowledgement of its immensity Ikon provides a welter of information including a “My Ikon” section filled with downloadable and informative PDF documents. In a effort to leave no potential client unserved Ikon states explicitly that Ikon Group caters not only to professional financial traders but also to novice and inexperienced traders. Actual online educational materials are informative, well written and a bit brief.

Demo accounts are available for a somewhat overwhelming array of 10 different trading platforms. Contacting this Wall Street based firm for additional info should be easy using a wide array of options including toll free telephone numbers.

FXM Financial Group

You may not be entirely comfortable with the word “the” in the following sentence in the “About Us” section of the FXM Financial Group’s web site:
“FXM FINANCIAL GROUP has been the leading on-line broker since 2003 which provides high-class services and a whole complex of solutions to corporate and private customers for successful trading on the FOREX market.”
The firm appears to have offices or contacts in New York, London, Hong Kong, Budapest and Riga, Latvia.
Regardless, surely another company or two might lay claim to being the leader in the online Forex trading services industry.
What FXM Financial Group does offer to its clients is 24-hour on-line trade on the Forex market through the Internet or through a phone desk. Trading terms consist of:

•     Minimum deposit from 100.00 USD.
•     Spread from 2 pip.
•     Leverage: from 1:20 to 1:400.
•     Spread from 0 pip (Institutional customers).
•     No commission in all transactions.
•     Narrow spreads for 25 currency pairs, gold and silver.
•     Automated dealings.
•     Direct access to "Interbank".

Leverages vary based on the amounts clients are willing to risk.
Services consist of both live account option and a 30-day demo account.
The FXM Financial Group’s platform called FXM Trading Station appears to be proprietary. According to FXM, the platform allows traders to monitor their transactions and their account as well as perform technical analysis and develops trading strategies of their own.
FXM Trading Station offers the possibility of opening multi-currency accounts. That enables trader/clients to fund in a base currency (EUR, USD or CHF) and trade Forex and CFD's denominated in multiple currencies around the world from one account.
The FXM web site itself also offers links to Forex related analytics on an informational basis.
The FXM Financial Group web site presents partnership options to other firms and individuals as Introducing Agents, Introducing Brokers and web site Banner advertisers.
The FXM Financial Group’s web site does not detail the nature of its client support options in any kind of detail.
Educational options are somewhat misidentified as “Stock Market Terms” with a typical Forex glossary and a rather brief outline of the history and nature of Forex trading with the somewhat obligatory warning about its risks.

Minggu, 25 Maret 2012

Forex Signs

Forex Signs does not deliver existing or prospective clients a disclosure document; manage or exercise discretion over any customers’ account; guarantee profits or accuracies of our market analysis; and solicit, accept or receive from an existing or prospective client funds, securities or other property in the name of Forex Signs, Inc. to purchase, margin, guarantee or secure any commodity interest of clients.  If anyone who claims he or she is employee or affiliate of Forex Signs, Inc. saying differently please notify us immediately.

This is not a confidence builder. Other links are presented on the page in English and Chinese. Additionally an option to banish the above statement from our sight is also offered. The link to the “English Website” brings one to www.fsifx.com.

There we discover that “Forex Signs, Inc. (FSI) is a company built for traders by traders and is a leading and world class provider of innovative Forex trading services…” This is more in keeping with the usual marketing copy that finds its way into a typical online Forex trading web site. We learn that the company was founded in 2006 “in Wall Street, New York City” and that it “relentlessly strives to be the premier Forex brokerage company in the industry.” The efforts of “veteran traders, experienced IT professionals, quantitative analysts and algorithmic consultants” may have a hand in that striving.
Initially Forex Signs Inc. appears to target its efforts at the individual trader as opposed to the institutional one. That’s what it claims until its White Label and Introducing Broker programs are mentioned on the same web page as an appeal to individuals.  In sum FSI provides    

  • Research and Analysis

  • Trading System Development

  • Brokerage Services
  • Proprietary Trading Services
  • Alternative Investment Management
  • Education
  • Institutional Services
Tools used to provide FSI’s services include:
  • Risk Probability Calculator
  • Pivot Point Calculator
  • Fibonacci Calculator
  • Basic Forex Chart
  • Advanced Forex Chart
FSI makes the following trading systems available to clients, each with a different methodology and trading philosophy behind it.
  • Impulse Rider
  • Forex Runner - 1
  • Price Impulse 2 - 1
  • Straddle Trade - 1
  • Trend Rider – 1
Further exploration of demo account options is possible via online registration. After you get by the initial screen it might be worth your while.

Transworld Futures

The landing page at Transworld Futures introduces the company in a refreshingly straightforward manner. We are informed that Transworld Futures is “is a service oriented commodity trading firm; Series 3 licensed and an NFA Member.” Aside from the “service-oriented” part, this information is strictly factual. And the company’s service-orientation may be true as well.
Information found under the “About Us” at www.transworldfutures.com further verifies the company’s memberships in various regulatory bodies such as the NFA and also indicates how funds entrusted to the brokers at Transworld Futures are secured.
Transworld Futures specializes in futures and options trading, which sets them apart from many online trading firms nowadays that deal exclusively in real-time type products. Transworld Futures  is headquartered in Ybor City, Florida.

Transworld Futures approaches the provision of its services in the following manner: It will “personally assign you with the one broker whose temperament and area of expertise is best suited to your commodity trading needs; whether a beginning trader, experienced veteran or somewhere in between.” The services that Transworld Futures provides include the following:
•    Professionally CTA Managed
•    Professionally Broker Managed
•    Full Service
•    Broker Assisted
•    Discount Online
•    Deep Discount Online

Space limitations prevent us from going into details.
Perhaps the most versatile platform offering available from among a host of choices is one that allows clients to Trade Futures, Options and Forex all on the "BEST Direct" 8.0 Platform. Platforms include:
Best Direct 8.0 and 7.4, BEST Direct PROTrader, NinjaTrader, Best Direct Esignal, Best Direct MetaTrader4, BEST Direct FX Platinum, Best Direct FX Express, BEST Direct FX Options and PFG Currenex. You might want to ask why certain familiar trading platforms in this list begin with BEST Direct. Suffice it to say that Transworld Futures has most of the needs of online and automated traders addressed by this array of products.
If you need to get a feel for how Transworld Futures operates demo account options are offered with some of these downloads.
Customer support options are not described in detail at the Transworld Futures web site, but appear to include email with a 24-hour turnaround.

SwissDirekt

The company known as SwissDirekt is a swiss asset manager and online broker for futures, forex, stocks and CFD trading. It was created as an independent financial institution. It describes its geographical location as “the important financial centre of Switzerland.” You can view its web pages in German (the default) or English. As a member of a self regulated organization (SRO – PolyReg) SwissDirekt is regulated by the Federal Department of Finance in Switzerland.
SwissDirekt provides online trading services in stocks, forex, futures and CFD’s. The company promotes asset management and provides managed accounts to it clients. Clients can choose the program that suits them best according to “a reward/risk profile.” Presumably swissDirekt assists clients in creating such a profile using a needs assessment procedure of some kind.
According to the company a managed futures account provides the advantage of transparency via daily statements and liquidity through the possibility of daily redemption.
SwissDirekt suggests that their services are ideally suite for individuals who cannot spend sufficient time to manage their assets, those who need the advice of a professional trader or people looking to diversify their traditional investments.
The company’s online trading platform appears to be proprietary and web-centric, although a technical note regarding cookies mentions “Windows SP2” – presumably Windows XP. The certificate associated with a related web site called secure.tradingfloor.com was flagged by our browser as “untrusted”. One can test a demo version of the platform for 20 days for no charge or obligation.
SwissDirekt cites the following platform features as advantageous:
•    Direct access to the leading electronic futures markets
•    The ability to trade various products and markets all on one screen
•    Live Prices, Live Charts, Live News
•    Order recording, processing and confirmation in seconds
•    Real-time position reports
•    Real-time profit and loss calculation
The exact nature of client support options could not be found at the SwissDirekt web site.

Kamis, 22 Maret 2012

Corsa Capital

Corsa Capital, often referred to as Corsa Forex, is an online Forex broker that was established in 2007 and is registered in the British Virgin Islands. During this Corsa FX review we took a look at the company’s range of services.  If you want to start real time trading on the international Forex market then you simply open an account online and deposit money by the easiest method for you. Customers that choose Corsa Capital as their Forex broker will be able to set the profit and risk limits that will not be exceeded so as to protect their investments properly during their Forex trading.
Corsa Capital Limited provides the new Forex contract specifications that include:
•    Minimal deposit of $1 (USD)
•    No commission
•    No spreads and slippage
•    No swaps and roll overs
•    Becoming profit from 1-pip price change
•    Online economic analytics
•    Live support 24/7

Demo Accounts

A Forex demo account is designed so traders can get familiar with the trading systems at Corsa Capital. These accounts have the same functions and features of real trading accounts and allow a risk free trial of skills in currency trading. These way users can learn the main operating principles of working with a trading account. Every new demo account there is a deposit of 10,000 virtual dollars that can be used for trading. The only difference from real trading accounts is the operations of depositing and withdrawing money is not there. Interestingly, during our Corsa Capital review we found that each demo account works for 30 days and then removed from the system.  In contrast, most of the top Forex brokers offer unlimited demo accounts so that traders can practice until they feel comfortable investing real money. 

Options Trading

With options trading, the trader has the broad potential to determine the actual terms of the transaction that best suits their interests. Option trading is really working with contracts that bring a fixed profit and delimits risks determined by the trader. This is the main advantage to option trading over spot trading. Although options trading is not offered by all Forex brokers, we actually found Corsa Capital’s options trading to be explained in a complicated and confusing manner, rather than the simple way it should be to comfort new traders.  For this reason alone, we wouldn’t recommend using Corsa Capital for your options trading.

TraderXP

The field of binary options was only founded in 2008, and with a respected web presence since October 2009, there’s no question that TraderXP is a binary options broker that has grown with the industry. During the scope of our TraderXP review, we were impressed to see that the site was created not just by financial analysts, but by people who have a clear vision and ability to create a user-friendly website. Whether you’re an experienced trader looking to diversify your trades or a novice trader looking for a simple trading process, TraderXP might be just what you’re looking for. Read our full TraderXP review to decide for yourself.
General Information
Founded in: October 2009
Headquarters: British Virgin Islands
Minimum Deposit: $200
Maximum Per Option: $1500
Languages available: English, Russian, French, Arabic, Spanish
Account Types
TraderXP offers three different account types which are based upon the deposit amount. The company’s Bronze, Silver and Gold accounts are actually quite similar to accounts of the same name offered by Forex broker eToro. A specialized Platinum account is available for investors who deposit over $20,000. TraderXP’s accounts work as follows:
Bronze Account – Traders who deposit $299-$999 will be able to enjoy a 15% welcome bonus, a 10% redeposit bonus, access to breaking news and market reviews both weekly and daily.
Silver Account – TraderXP’s mid-level package offers a welcome bonus of 20%, a redeposit bonus of 10% (or $1000 for traders who deposit at least $1000 3 times), access to the company’s news and market reviews and free access to the company’s online course.
Gold Account – If you’re planning on depositing $5000-$19999, you’ll enjoy TraderXP’s premium package which includes a 25% welcome bonus, a 25% redeposit bonus, expedited withdrawals, and access to the trading course and news updates that are found in the other packages. Gold members will also have a professional account manager that can respond to questions and offer advice when necessary.
Trading Platform
A significant advantage offers by TraderXP’s trading platform is that it is based entirely online, so there is no software to download. The company offers multiple ways to trade, so that traders with different preferences can enjoy a trading platform that is best suited to their specific preferences. All of the platforms are located within a singular structure, so that it’s easy to switch between the platforms as you see fit. The three platform options are Binary Options, Option Builder and One Touch trading. The most traditional of these options is the Binary Options platform, which is available in Pro Trader and Fast Trader versions.
The Binary Options Pro Trader platform offers four windows in which to trade options simultaneously in 15 minute intervals. Similarly, the Fast Trader platform offers similar capabilities with 9 windows shown on one web page and trade intervals of 5 minutes, so that you can trade multiple items as quickly as possible, while keeping an eye of all of your options concurrently.
The One Touch platform allows you to maximize your profits by predicting whether the offered bid will reach a specified level within the time frame provided. Although this type of trading is riskier than standard binary option executions, it offers the potential for up to 500% returns.
The Option Builder allows you to customize each trade by choosing your assets, expiry time (in 5 minute intervals), setting your risk preference and investment amount all in one centralized place.
Features
It may sound funny, but during the scope of our TraderXP review, we nearly overlooked the features offered by this binary options broker because we were so enthused by the trading platform – and because the information is hidden all the way at the bottom of the website. Nevertheless, we found TraderXP’s features to be worthy of a higher placement, as they were truly interesting propositions. Among our favorites were the “Rollover”, a feature wherein traders can delay their trade expiry if that market hasn’t fluctuated in their favor. Rollovers can be used once per option, and must be executed within 10 minutes of expiry, so traders must make sure to pay attention carefully. Still, this flexibility can be critical for those who look like they may lose on the trade.
Another feature we especially liked was the up-to-the-minute market review provided by TraderXP, an analysis that should be standard, but is notably lacking in many other binary options sites. This information can be critical for traders who prefer to make educated investments instead of impulsive executions.
Finally, TraderXP offers the ability to “Double Up” on trades that look like they’re going to be profitable, by recreating the original trade scenario and potentially earning double on any winning trade.
Customer Service
TraderXP offers customer service via chat, email and phone. The company sets itself apart by offering phone support access in multiple countries, so that traders can get help by making a local call. We tested TraderXP’s chat service multiple times and found the agents to be extremely polite and helpful. However, when we attempted to email the company we received repeated error messages and were not able to get through.
Ease of Use
On the whole, we found TraderXP to be one of the easiest binary options providers. Registering for the service was short and simple. Each of the company’s platforms was easy to use, and the web-based platform was especially pleasant. We especially enjoyed the “How to Trade” box that is found in the right side of most of the company’s web pages, so that new traders can have a constant reminder of how the site works. Likewise, TraderXP’s account portal was extremely intuitive and easy to use.
The primary problems we had with the site were an inability to email the company and the fact that supplemental explanations of the platforms were hidden in the footer of the homepage and not available at all times. It should be noted, however, that accessible chat support (almost) compensated for the lack of email support.
We were also happy to see that TraderXP accepts perhaps the most payment options of any broker we’ve reviewed. Payments can be made via one of eight major credit cards, Moneybookers, and wire transfer. Traders from the Middle East and North Africa can also deposit funds via CashU, while Scandanavian traders can transfer funds through Nordea Netbank, and Dutch users can use a similar service called iDeal.
    

MG FOREX

MG Forex has recently in August 2008 updated their trade platform with a new version called DealStationFX.  This new version has many new features:

1. The platform is even more customizable, with more room for adding tabs and workspaces to add more charts to be viewable at your fingertips.
2. Trailing stops are now available.
3. Trades can be made directly from the charts by right clicking, and one click trading is also featured.
4. New technical indicators have been added to the mix
5. Economic events can be “plotted” on the charts to make sure that traders are aware of when important news data is coming out.
6. A more comprehensive account management area where withdrawal forms and account reports are available.

In many ways this new trade platform can compete with many of the best platforms available.

Not previously mentioned in this broker review, MG Forex continues to offer these features that many brokers do not offer:  Trading accounts can be based in several currencies:  USD, EUR, GBP, JPY, CHF, AUD, and CAD.  Also, they offer “Flexitrading” which means with one account a trader can trade fractions of a lot or normal lots.  Another nice feature is focused for money managers who use this broker.  With one trading account, multiple client accounts can be added, so that with one click these managed accounts can be traded and managed from one account screen.  They also offer all the back office accounting for handling managed account clients and easily calculating commissions that you might charge them.

MG Forex continues to strive to be relevant in a constantly changing atmosphere that is Forex trading, while still being one of the oldest retail brokers out there.  They currently have a promotion that if a live account is funded via paypal, MG will refund any paypal fees.  Additionally, a live account funded via bank wire transfer, MG will refund the wire fees charged by the bank.  Their customer service is also very good and responsive.   Also available is a managed account fund, for those who would rather let a professional do the trading.

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At first glance everything about www.mgFOREX.com and the MG Financial Group seems simple. They offer one main platform, the DealStation, which is available in a number of versions. They offer one type of trading: FOREX. They offer a limited number of crosses: ten popular pairs. Even deposits are acceptable in only two forms: check or wire. But once the trader starts digging in to the MG FOREX Web site, he will find that the brokerage service is like a big puzzle, with scattered pieces that have to be put together in order to see the big picture.

The puzzle begins with “MG.” What the “MG” in MG Financial Group (the company behind www.mgFOREX.com, stands for is a bit of a puzzle. (It’s not on the site, but it stands for “Money Garden.”) Their exact relationship to FOREXnews.com, a news and market resource, is also a bit of a puzzle, as is their relationship (and links) to other software sites. In the FOREX environment, where a trader may be investing large sums of money, any uncertainty about a broker and its business ties may be unsettling to some.

However, what is not a puzzle is that the MG Financial Group was founded in 1992, that they are registered with the National Futures Association and Commodity Trading Commission, and that every trading contingency and its effect is touched upon somewhere on the site. This protects both the company and the trader.

The foundation of MG FOREX is the DealStation. Made up of a few easy-to-read panels (Account Status, Current Rates, Chart, Open Trades, Open Orders, News), the platform can be deployed as a Java applet (one-time download), a Web-only (HTML) version, or as one of two mobile versions. Only the Java platform is available in multiple languages: English, Russian, Chinese, Spanish, and German. A first-time trader can choose which version to demo and which type of account to select: a regular virtual trading account or a contest account to compete for a monthly prize.

The DealStation allows four types of trades: market, stop, limit, order cancels order. There are no change orders, only cancellation orders. Trades can be made from the rate chart or the “Open” panels. All trades are confirmed through pop-up screens.

Any positions that are open by 3:00 p.m. EST will be assessed rollover fees.  A trader can also earn rollover credits if certain requirements are met, as outlined on the site.

The DealStation dashboard is as customizable as the Windows Operating System’s “View” menu. That is, you can move the panels around and they can be minimized, maximized, cascaded, or tiled. The only chart that appears on the dashboard is a candlestick chart. Additional charts (bar and line graphs) require a separate download. For more chart options, the trader can subscribe to and download additional software. A special e-mail alert news feature (alert!fx) requires a trip to a separate site. News is automatically supplied from Dow Jones, but downloads or links to other sites (FOREXnews.com) is also offered. These are all pieces of the puzzle for the trader to fit together himself.

Learning to use the DealStation isn’t too difficult because there are so few bells and whistles. Besides the Demo account, MG FOREX provides a user guide, video tutorials, and descriptive Web pages. The Demo Account is free, but the “Ultimate Demo Contest” is not. The user must fork over $500 for 12 monthly chances to win up to $3,000 in credit towards a live account. You’ll find more details on the contest on various pages on the site. Also, on diverse pages, you’ll find what is really most important to the FOREX trader: the numbers.

A trader can open an account with $200, although the site recommends $1,000. The maximum number of pairs that can be traded is shown in some places to be 10, in others to be 12. Currencies include USD, EUR, and GBP, AUD, CAD, CHF, and JPY. Spreads are fixed at 3 to 8 pips. Margins range from 1:50 to 1:400. Trading size is set automatically at 100,000, but the trader can use “flexiTrading,” which allows fractional units beginning at 10,000 (considered .1 unit).

At MG FOREX, as is true for all sites, the user must read the documentation. This is soon apparent when applying for a “live” account, which is the real one with the real money. Registering for a demo account is quick and easy, but applying for a live account is somewhat complex. The new user must wade through 4 sign-up screens, a 7-page Customer Agreement, with numerous places in which to sign or initial, and a 5-page application. These must all be completed and faxed to the company for processing.

Deposits and withdrawals also require paperwork. Deposits may only be made by check or wire. The trader gets one “free” withdrawal a month, but must pay $15 for each additional request.  Meanwhile the “free” wire transfer will cost $25 for USD accounts, and $35 for EUR, JPY, GBP, AUD and CAD accounts. If an account slides into arrears, the trader will be assessed an interest rate equal to 3 percentage points above prime.

MG FOREX is one of the few sites that doesn’t employ some kind of hard-sell tactic to pressure new users into signing up for a real account. Representatives don’t call or deluge you with e-mails. In fact, the company is so quiet, you may wonder what is going on. The site furnishes a New York address, but their trading window does not coincide with New York trading times. Live chat also seems disabled. Generally, though, MG FOREX just seems to be a small, solid company. Any griping about the service has to do with spreads (what else is new?), rollover fees (which are specified on the site), and the lack of trailing stops.

Many FOREX traders enjoy researching the market, so searching to complete the puzzle that is MG FOREX may be enjoyable as well. This is truly a site for the hunter-gatherer. After you’ve gathered all the pieces and put them together, you have a proven, rather simple-to-use trading tool.

Rabu, 21 Maret 2012

PaxForex

PaxForex is an online STP Forex broker that emphasizes the fun of trading Forex perhaps more than the seriousness that this profession requires.  Even a cursory glance at the PaxForex website will show the company’s stress on the company’s Forex trading contests and bonuses.  If you keep reading you’ll find some information about the trading conditions, which most professional traders may find more important than the other information. 
During our PaxForex review we discovered that the brokerage offers different leverage options, from 1:1 to 1:500 that offers no dealing desk trading for as little as a $10 deposit, as well as a demo account that is unlimited in time.  There’s no question that PaxForex is looking to attract new Forex traders with its low barrier to entry and appealing bonuses, but we couldn’t help but question whether this is a brokerage for serious traders.  Likewise, we were unable to confirm any regulation for PaxForex, forcing us to once again question the seriousness of this brokerage.  Though the company’s business registration number is listed on its website, this should not be confused with a license or regulation number under any circumstances.

PaxForex Services

Traders that open an account with PaxForex have access to trading Forex, CFD, futures trading and commodities. During our PaxForex review we determined that the brokerage uses only the MetaTrader4 platform, which is both popular and respected.  However, we always appreciate the option for a web-based trading platform, which was notably absent from this broker’s offerings.

Types of Accounts

There’s no question that PaxForex offers a competitive selection of trading accounts. 
Mini Forex Account- This is an account for new traders and can be opened with as little as $10. A Mini account allows clients to trade CFDs, Gold, Silver and other stocks without high risk.
Standard Forex Account- This account is for traders depositing $300-$9,999, and is good for experienced and professional traders. It has the lowest spreads and lets users trade CFDs, Gold and Silver.
VIP Forex Account- This account is for traders interested in depositing $10,000 USD or more. The biggest advantage of a PaxForex VIP account is getting your own personal account manager, something some other brokers offer less-invested traders.

Nano Forex

Nano4x (also known as Nano Forex) was founded in 2010. It was the project of a management team with years of experience in financial and technological industries. In this Nano4x Review we will attempt to tell you about this Forex brokerage.
Although Nano4x claims that it is based in England, with offices in Indonesia, Russia, India and Nigeria, we found it strange that the company is regulated by the FSC in Mauritius.  Still, the fact that the company does offer proof of its regulation  already makes it a stronger brokerage than the many unregulated brokers constantly popping up in the online Forex market.
Nano4x works with both retail and institutional traders from around the world. It offers leverage from 1:1 to 1:500, and STP trading with Islamic Forex accounts (also known as swap-free accounts) and variable spreads starting at 1.6 pips.  Not the lowest we’ve seen, but again, it’s not the highest either.  As an STP Forex broker, the company cannot hold proprietary positions and they have a Discount Broker License. Nano4x provides the clients with banks and direct access to interbank liquidity. In fact, they deal with the top 6 banks in the world.  Scalping is allowed at Nano4x.
Nano4x uses the MetaTrader 4 platform exclusively, and it does not offer any proprietary platforms or mobile trading applications at this point, something which we found to be quite disappointing, though not surprising for a new brokerage.  Because it uses an MT4 platform, Nano4x allows for the use of EAs within its trading platform. 
Nano4x offers a sufficient list of instruments from which to trade, including AUD/CAD, AUD/JPY, EUR/USD, EUR/CAD, and more, for a total of 18 major currency pairs available on its platform.  Unlike some of the top Forex brokers, Nano4x does not offer trading of CFDs or commodities of any kind.
Lastly, it’s worth noting that Nano4x is one of the few Forex brokers that offers autotrading through the use of robots.  The company’s PTA-N robot is designed to help traders find their footing in the Forex market without having to work too hard.  The company goes to great lengths to explain the system and its advantages.  Still, we wouldn’t recommend signing up to a brokerage just for its autotraders, as this type of service can be confused with a guaranteed profit, which isn’t very likely in the Forex world.

GCMBinary

If you’re familiar at all with the world of Forex trading, you may have heard of Gallant Capital Markets, an FSC regulated broker serving Forex traders since 2007 under the brand name GCMFX.  Yet Gallant Capital Markets (also known as GCM) realized that they weren’t meeting the needs of all types of traders – and in 2011 the brokerage expanded its offerings to provide one of the only regulated binary options platforms in the world.  Read this complete GCMBinary review to see if this is the right binary options solution for you.   

General Information

Founded in: 2009
Headquarters: British Virgin Islands
Minimum Deposit: $200
Minimum Trade Amount: $24
Maximum Per Option: $10,000 for High/Low options, and $5,000 for all other options.
Languages available: English

Trading Platform

One of the most noteworthy aspects about GCMBinary is the company’s unique trading platform, which is as sleek as a Forex platform, rather than overly-simplified like many binary options platforms.  This is not to say that GCMBinary’s trading platform is difficult to use, but it seems obviously designed with a more sophisticated trader in mind.  It took us only a few moments to familiarize ourselves with the unique scrolling interface on the top of the platform that allowed us to look at the available options in a horizontal way rather than the typical vertical list.
We noticed relatively quickly during our GCMBinary review that the company does not offer all of the trading options presented by other binary options brokers, such as Range Trading or 60 Second Options.  Nevertheless, we were not disheartened, because the High/Low and One Touch options offered within the GCMBinary platform should be more than sufficient for most binary options traders.
Traders do have the option to display all available options or to choose the type of option they prefer with distinct tabs for stocks, commodities, currencies and indices.  The platform was a refreshing change from so many of the uniform binary options platforms out there, and will be appreciated by both new traders and those who have traded binary options in the past but are looking for a more refined service.

Features

One of the features we noticed instantly upon beginning our GCMBinary review is the existence of a demo account, where traders can practice placing trades and employing different trading strategies.  It is clear that Gallant Capital Markets understands the need for a demo, not just in Forex trading, but also for binary options trading, and GCMBinary is one of the few emerging binary options brokers that offer this critical service. 
GCMBinary also offers the standard technical analysis that most binary options providers offer, but it is not available for demo accounts.  We found this specifically confusing many traders prefer to practice with technical analysis as a crutch to see if they can find a comfort zone in the market before trading with real funds. 
Tradable assets available with GCMBinary include 6 major currency pairs, 7 popular stocks, 4 indices, as well as gold and silver.  Although this isn’t the widest range of assets we’ve seen, it was definitely more than adequate. 

Customer Support

Like the Forex branch of its company, GCMBinary has stellar chat support for potential inquiries and email for live account holders.  We tested the chat support, and found there to be no wait time and the representative to be entirely responsive.  

Ease of Use

It only took us a few minutes to become familiar and comfortable with the GCMBinary platform, and we actually appreciated the different experience that the platform provided.  We also appreciated the company’s transparency regarding the company and its regulations, something which is rare in the binary options industry. 
We were a bit disconcerted by the fact that there is no technical or fundamental analysis provided for traders who have not opened a live account, but Gallant Capital Markets is not the only company that employs this strategy as a means to encourage registration.  Moreover, we’ve seen the analysis offered by this company and found it to be of excellent quality. 

Final Thoughts

The field of binary options is relatively new, and it is refreshing to see a binary options broker that is regulated and licensed by a known entity.  We felt doubly confident in GCMBinary since we’ve already tested GCMFX and are familiar with the company’s reliability and responsiveness to customer needs.

Amana Capital

Though only founded in 2010, Amana Capital has already claimed its place among the top Forex brokers in the MENA region.  As one of the few Forex brokerages regulated by the Central Bank of Lebanon, Amana Capital offers its customers a safe place as well as the highest level of transparency in regards to their trading conditions.  We’ve examined Amana Capital’s services from start to finish and recorded our findings in the Amana Capital review below. 

General Information
Founded in: 2010
Headquarters: Beirut, Lebanon
Maximum leverage: 1:100
Minimum deposit: None
Languages available: English and Arabic
Regulation: Central Bank of Lebanon

Trading Platform
When trading with Amana Capital, traders have their choice of MetaTrader 4 platforms, in downloadable form and mobile trading platforms, as well as a beta version of the web-based MetaTrader 4 platform.  Mobile trading is available for iPad and iPhone, as well as for BlackBerry phones. 
During our Amana Capital review, we tested the downloadable platform, which functions as expected and offers excellent charting tools and multiple screens through which traders can monitor different changes.  One thing we noticed nearly immediately, however, is that prices aren’t automatically requoted.  Instead, traders are offered the option of choosing whether or not they wish to accept the requote or not.  Because the market moves so quickly and the platform relies on real time quotes, requotes expire if they aren’t selected within a few seconds and you’ll need to return to the main menu for another quote.  


While we always appreciate the option for an alternative trading platform, there’s no question that the Amana Capital’s MetaTrader 4 is a reliable option. 

Features
In addition to the standard features offered by the MT4 platform, such as advanced charting tools and over 2 dozen languages to choose from, Amana Capital offers some of its own special features, including the ability to get daily pricing alerts via SMS, commission and interest-free rollovers and no minimum deposit requirements.
Though the company doesn’t offer variable spreads, it does provide competitive fixed spreads which can be an asset to any competitive trader.  Although the company’s website touts the ability to have mini and micro accounts, we found that the information about the different account types wasn’t quite as obvious as the information about the company’s trading conditions.  Still, with no minimum deposit, we have every confidence that these small accounts are just as easy to open and operate as all other aspects of the site and the trading platform.   

Customer Service
The customer service offered by Amana Capital was among the best we’ve encountered throughout the completion of dozens of Forex brokers reviews.  Chat support was instantly available, and the representatives we interacted with were both polite and knowledgeable when answering both technical and procedural questions.  Phone support is available locally in Lebanon only, though traders are, of course, welcome to call the company directly from anywhere in the world, or to request a callback which can save both time and money.       

We also emailed the Amana Capital team and received a response in about 20 hours.

 
Ease of Use
A preliminary look at Amana Capital’s website is a good indication of the user-friendly services that lie ahead during the registration and trading processes.  A one-page registration was refreshing and simple, though it should be noted that additional fields expand as you input your information, so the form isn’t quite as short as it initially appears.  Still, opening a real account took only a few minutes, and opening a demo account took mere seconds.  Funds can be deposited by wire transfer to one of several banks in Lebanon and the UAE, or via credit card, check or cash deposit.  Unfortunately, PayPal is not currently available for Lebanese companies. 
Once registration is complete, using the trading platform is straightforward, as mentioned above.  Traders can also peruse Amana Capital’s thorough information section which includes basic trading guidelines for new traders and regular analysis to give experienced traders the edge they need to succeed.

Final Thoughts
Amana Capital offers a solid trading experience for traders worldwide, and especially for those in the MENA region looking for a reliable, local Forex broker.  We have no doubt that the strides made by the company in the past few months have paved the way for additional good things from this brand in the future.