Xtreamforex

Discussion in 'Online Brokers' started by xtreamforex, Dec 28, 2018.

  1. xtreamforex

    xtreamforex Senior Investor

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    XtreamForex Philippines Demo Trading Contest

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    Join and take a dive into the exciting world of Forex trading competition with XtreamForex! Here we offer forex trading contest for demo accounts once in a year. You can join this contest for free. Forex Demo Trading competitions are the best way for beginners to gain experience in Forex trading and to try out and improve your trading strategies in a competitive environment! Joining Link: https://xtreamforex.com/PhilippinesDemoContest.html

    Contest’s Time:

    · Registration Period: 19th August 2019 to 6th September 2019.
    · Trading Period: 9th September 2019 to 11th October 2019

    Winner Announcement: 21st October 2019
    Offer is Applicable:
    Only for Traders of Philippines
    How to Apply: The Client must register for the competition via the competition dedicated page in order to participate.
    To Win: The client who will generate maximum profit at the end of the contest will win.
    Winning Prize
    ·1st Prize $1000
    ·2nd Prize $750
    ·3rd Prize $500
     
  2. xtreamforex

    xtreamforex Senior Investor

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    Xtreamforex Services

    XtreamForex is committed to provide superior Forex trading services for all clients, irrespective of the size of their account balances. Our whole team is committed to offering best industry leading products and services to all clients.

    · ECN Forex Broker: ECN broker is a forex financial expert. It is a non-dealing desk brokers. The ECN provides an electronic system for buyers and sellers to come together for the purpose of executing trades. It can best be described as a bridge linking smaller market participants with its liquidity providers through ECN FOREX BROKER.

    · Top Forex Trading Platform: Forex Trading Platform have a huge impact on Forex Trading. Forex Trading platforms are the most widely adopted trading association in the entire financial market. It has an incredible amount of exposure among retail traders with a reach and visibility that exceed any other financial product.

    · Forex Market Analysis: Forex Market analysis is used by retail forex traders to determine buy or sell items on currency pairs. Forex Market analysis many types like as Fundamental analysis, Technical analysis, weekend analysis etc.

    · Segregated Client Accounts: When a Forex broker are use segregated accounts, it means there is a dedicated account where client funds are kept separate from the broker’s operating funds. In Forex industry, a number of brokers choose Segregated account for their customers.

    · Customer support: XtreamForex are available for customer support 24/5 during marketing times. If you have any query/question please feel free to ask us.

    For more detail visit here: https://xtreamforex.com
     
  3. xtreamforex

    xtreamforex Senior Investor

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    Risk Management

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    When trading Forex there are many factors that can affect the trades very badly, be it greed or fear. Some people can get too intoxicated with the thrill of making a profit that they lose a streak of trades that sets them back, or they can invest too much money in each trade and get wiped out. All these factors need to be managed, and that is where risk management comes in. Risk management not only reduces risk for trades but makes sure that traders have a plan to recover their losses.

    Reward to Risk Ration

    With this method of risk management, traders have to consider the possible reward with the successful completion of a transaction, when they are deciding on which trade to make. This includes considering the spread as it affects the price a lot. The possible reward from the trade has to be big enough to cover the fees you will be paying the broker through the spread, so the trader puts a stop to execute a sell order automatically if the trade moves against him, this protects the capital and makes sure losses won’t more than the fee.

    So if a spread costs 2 pips and a 50 pip trading loss is acceptable, then the reward expected should be 152 pips so you get a 3:1 reward risk ration. This means a downside of 50 pips with an upside of 152 pips can cover the spread, and give you a 150:50 reward risk ration.

    Capital protection & Risk Management

    Using this method a trader makes sure each trade uses no more than 2% of the capital. This makes sure that even with a series of bad trade the balance won’t go down to 0 and therefore the trader does not go broke. With a constant 2% investment of the capital, it would take an average of 50 losses in order to lose all the funds. This not only smart but also a highly encouraging making sure you don’t end up having to fund all the time and waste your money and lose your courage.

    XtreamForex Risk Management Tips:

    · Try Demo/Practice account.

    · Daily watch the news.

    · Stay updated with current and upcoming Economic events.

    · Open trade with small Lot size.

    · Correlations – increasing risk unknowingly.

    · Always set your stop loss and take profit.


    For more detail visit here: https://xtreamforex.com
     
  4. xtreamforex

    xtreamforex Senior Investor

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    Currency and Commodity Trading Correlation

    Online trading is the biggest industry of today’s world. Forex trading alone moves trillions of dollars daily affecting whole economies. To trade Forex traders open an account with a Forex company and trade on currency pairs, but all Forex companies don’t only offer currencies for trading, almost all companies also offer commodities.

    Commodities have been trading in one form or another since the beginning of civilization. Commodities are pretty much anything which can be delivered from point A to point B, and exists on an exchange.

    Commodities are bought with currencies in the physical world, but through online trading they are treated the same as currencies, with bets being placed on their movements through Forex, Binary Options and stock exchange futures.

    What some people may not pay attention to is the heavy affect each has on the other. Currencies are very heavily tied with commodities and the other way around. The Canadian dollar for example is directly correlated to oil prices due to exporting oil, so is the Japanese yen because Japan imports oil.

    The Australian dollar and New Zealand dollar not only affect each other, but they are both correlated to gold and oil prices.

    Unexpected changes in the ties between currencies and commodities can have a huge impact on traders who trade based on these relations.

    For online traders there isn’t a huge difference between commodities and currencies, they all represent a virtual product around which trades take place.

    If you are a beginner in Forex and don’t know how to trade like a pro then Join cutting-edge Copy Trading Programme with Best Forex Broker and match up with a suitable trader. Let them trade while you watch your potential profits grow.
    For more information visit here:- https://xtreamforex.com/
     
  5. xtreamforex

    xtreamforex Senior Investor

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    Dealing with Forex Customer Support

    The mediator between you and your Forex account is your account manager, and the company's customer support team, here are insider tips on how to deal with customer support while trading with a company for an easy and pleasant process.

    Opening an Account

    When you first decide to open an account with a company, it is your chance to ask about the company and get to know it. The person you will be contacting is getting paid to introduce you to the company and make you feel comfortable. You should feel free to ask anything you need to call at any time and expect your questions answered. You should not feel guilty or uncomfortable for ''bothering'' the good people at the company for it is their job to help you.

    You in turn should also be honest and helpful. If you are asked to provide documents you should make sure you have provided your documents before expecting your account to be open, and if the company specifies that it takes 24 or 48 hours for a procedure to take place, then you should be patient and not call to ask if something is done when the specified time hasn't passed, and lastly and most importantly if you decide that you do not wish to trade with the company after all then be honest and inform the person you are speaking with that you are no longer interested so they can stop bothering you and focus on other clients.

    During Trading

    When you have become a client of the company it is good to establish a friendly and comfortable relationship with your account manager. They want to be comfortable talking with you when any changes happen, or with advice and you want to feel comfortable reaching out to them when you need them, so it always helps to be friendly and nice but also stick to business talk during phone calls keeping in mind that your account manager is probably very busy with many clients and even if they'd like to have a chat with you they can't afford the time.

    What not to ask

    Although you should feel free to ask any questions to your account manager just remember that it is not their job to teach you Forex trading or any form of trading. If you are a complete new comer you can ask them to refer you to Forex education programs that the company or other web sites may offer.

    Also remember that your account manager is by law not allowed to give you trading advice. If he/she does that they are liable to being sued if they give you the wrong advice and you lose your trade. Unless your account manager is licensed by a Forex regulatory authority to give trading advice then you cannot expect them to give you any.

    Closing an Account

    Whether you've been trading for a week or a year with a company if you get to the point where you've chosen to close down your account, you should be straight forward and inform your account manager. If you try to go around it you will have to face the worry of receiving another phone call asking if you will deposit, and your account manager will waste a lot of time trying to reach out to you believing you will eventually deposit.

    Connect with XtreamForex and make your Trading strong. Our whole committed to provide superior Forex trading services with excellent results. For more detail Visit here: https://xtreamforex.com
     
  6. xtreamforex

    xtreamforex Senior Investor

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    Forex Hedging

    When trading, all traders are trying to find the best way to minimize risk and increase profits, one way of doing that is through hedging.

    Hedging is when the same trader opens two positions in the opposing directions. So the same trader will open one position going long on a currency pair, and another position going short on a currency pair.

    While both positions are open the profit is at zero, but once traders decide the right time to close one or the other then they are ready to go either way (selling or buying) to make the profit.

    Hedging is done mainly in foreign exchange trading, because it is flexible and allows the trader the right but not the obligation to buy or sell the currency pair at a particular exchange rate when the time feels right.

    When traders choose to hedge they need to analyse the risk of their hedge, and the types of risk they are taking in the position they are opening, and if it is high or low. Then they need to decide how much they are willing to risk, decide on the most effective strategy and then implement and monitor the position.

    There are different types of hedging, some much more complex than just direct hedging, and traders can take other approaches when necessary.

    Some brokers do not allow direct hedging.

    About XtreamForex

    XtreamForex is one of the most reputable Forex and commodity Broker Company. XtreamForex Is provides superior forex trading services to all clients. Our company's vision is to grow to be a leading and reliable broker that takes pride in offering the most professional pricing and services to Forex Traders. We are building towards a successful, bright and secure future for our company and are committed to build long-term relationships with our clients.
     

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