Forex Broker Trading Rebates

Most investors who trade Forex use a broker. A broker is an individual or a company, who buys and sells lots of currency according to the trader's wishes. Brokers earn money by collecting commissions or fees for their services. Many of the Forex Brokers available today do not charge any fees or commissions. Most of our clients do not understand how a Forex Broker can stay in business and not charge any fees or commissions. Brokers do there very best to spin this fact into a positive for their particular firm, but most Forex Traders know the facts. The fact is that Forex Brokers make a significant amount of revenue from the spread in each Forex trading pair that the client trades. For instance, when a client of these Forex Brokers buy the EUR/USD, the spread is usually 2-3 pips. The cash equivalent of 2-3 pip spread in a standard account is $20-30 per standard lot currency trade. This amount is what the Forex Broker earns for every trade that their clients take. As you can see, the Forex Broker is getting paid rather handsomely to conduct the business of buying a selling currencies. We feel that some of those enormous profits that the Forex Broker can and should be distributed to the Forex or Currency Trader.
You should check that a broker is registered and or regulated in the place they conduct Forex Trading services. A Forex broker also needs to be associated with a financial institution, such as a bank in order to provide funds for margin trading. Picking the right Forex broker for you will take some work on your part. There are Fx Brokers who do not charge a trading commission and some that charge commission. It may be a good idea to talk with friends and business associates about their Fx brokers. You may get some good leads, and you're certain to hear who to stay away from. There is nothing like word of mouth advertising. I have conducted numerous interviews and conversations with leading Forex Brokers, and the most important question you can ask them is always the same, I will explain. I realize you are in the market to make money and so am I. I really want to do my Forex Trading with your firm but I want to be discounted on my trading volume through trade rebates. This type of question for the Forex Broker will reveal two very important things to them. First, they will know that you have done your homework,and the Fx Broker will know that requesting a rebate is well within the right of any Forex Trader. Second, the Forex Broker you are interested in will most likely not try to pull a fast one over on you, and that you are a knowledgeable Forex Market participant. This should be the first step in choosing the right Forex Broker, because if you are an active Currency Trader, you will be collecting on sizeable trading rebates every month regardless of your trading wins or losses.
If you are thinking of investing online, you could choose several online brokers and contact their help desks. Seeing how quickly they respond to your questions could be key in how they will respond to their customers needs. If you don't get a speedy reply and a satisfactory answer to your question you certainly wouldn't want to trust them with your business. Just be aware that as in other types of businesses, Before sign up service might be better than After sign up service. I would put your potential Forex Broker on the clock when you reach out to them. I typically would give the Forex Broker a six hour window to fully address your question by email or phone call. You must realize that even though a Broker Firm calls you back in a few minutes after you send them an email or a call, that does not mean they are the best Broker Dealer available. It means they have a quick response division maybe, but that is it. The Currency Exchange Broker has not proved anything to or your interests until their promises are in writing. What I mean is that they can blow smoke at you till the sun goes down, but until they put your needs as a Currency Trader on paper, they are just words. I have found some of the lesser known Forex Brokers are the best to deal with. Remember, the more a Forex Broker Dealer advertises to have your business, the more that cost will be put into your trading spread or fees. The Forex Broker who has a good customer base and treats their army of Forex Trader right, is the choice for me. Those fancy commercials and websites the bigger Forex Brokers have are nice to look at but that is where my interest in them end.
Before you choose an online broker get a copy of their online demo account. What features are included? Is the software reliable? Does it offer automatic trading? Are there extra software features that cost more? I think a FREE demo account is essential for a quality Forex Broker to have and practice on, but they can cause a problem when it comes to live Forex Trading. When it comes to trading in the Forex Market, the Forex Demo account does not take into account the biggest problem a Forex Trader faces, that is emotion. It is great to put on a position in a Demo account that makes and losses incredible amounts of money. What if it was real money that was being won and lost in real time? What if you freeze up when trading your account and start hoping a bad trade back to profitability? these are just some of the many questions that eventually must be considered. I think a Forex Trading Demo Account is a good thing for very new Forex Trader, but be careful not too get to comfortable with trading it. The difference in trading a demo account and a live Forex account is huge.
Before setting up an account with a broker you will need to do further investigation. How quickly will these brokers execute your buy/sell orders? What is their policy on slippage? What are the transaction fees? What is the spread, fixed or variable? What are the margin requirements and how are they calculated? Does the margin change with currency traded? Is it the same for mini accounts and standard accounts? All these fundamental questions should be investigated, and most of the quality Forex Broker present the answers to these questions right on their websites to view. The most important issue, in my opinion, is the Forex Trading Rebate that a Forex Trader should be receiving.
Don't forget to be prepared to be able to offer the Fx Broker information about your trading volume. If you are trading your own system or trading an Expert Advisor, it is in your best interest to give your Forex Broker an idea of your monthly trading volume. This information that you provide your Broker will help them offer you the best Forex Trading Rebate possible.
by Jimmy Mack (Fx Trade Rebate)

Top Forex Broker is essential when trading the FX Market.

Forex Guide: Things That Every Beginner Traders Should Know Before They Start Trading in Forex

It's a fact that forex trading became a highly preferable investment method in the last decade. Combined with the internet as a global 24/7 network forex is reachable to everyone. I'll not give you about the basic explanation of forex trading in this article. I'm sure that i don't have to tell what forex trading is. People which familiar or have an interest in an investment know forex already. Don't they?
Forex trading is basically just an investment
As any other investment, there are always benefits and risks beyond forex trading. Many people/organization, especially forex brokers, its affiliate and those who earn their income by providing some forex related services says that forex trading have so much advantages compared to other investments; Forex is easy, with its non-stop 24 hours market, its wide range adjustable leverage, its automated trading platform, its offered better opportunity for income resource, and many more -- you name it as much as you want to...
Blinded by its 'beautiful dream imagination', many small/personal traders, especially for the new ones forgot that forex trading is basically still an investment program. Traders should never have a thought that forex trading is an income resource.
Common Beginner Traders Scenario
Beginner forex traders are usually follow the trend of forex trading without preparing and providing them self with an adequate understanding about what's inside forex trading. Their common scenarios are:
1. Know about forex trading
2. Have an interest in forex trading
3. Looking for an easy and profitable forex services
(Usually by looking for some services with less margin, high leverage, automated trading platform, and less risk? - which is too good to be true)
4. Start gambling with their trades
5. Unable to achieve profits as what their imagination
6. Repeating scenarios 3, 4 and 5
7. Repeating scenarios 3, 4 and 5 again... and again...
8. Realizing that they are loosing too much or that their imagination along these days/weeks/months is wrong (i doubt that it would reach years)
9. Give up and quit their trading for good.
Where did they do wrong in above scenario? Is that wrong to always searching for a better service to back up our trade? In my point of view, there are no mistakes in that scenario at all. But it's just incomplete, and that's the most dangerous mistakes made by most beginner traders.
How to Overcome Traders Mistakes and Begin to Make Some Profits in Forex
The facts are, there are just 5% of forex traders which successes with their trading. To become as they are, we should insert step 2.5 in scenario above. This step will simplify above scenarios by eliminating the fourth and eighth and changing ninth step became TRADERS GOAL ACHIEVED.
2.5 Preparing yourself with a solid basic knowledge of forex trading
- Know about the fundamental of forex trading
- Learn about what and how forex market really is
- Train yourself to getting familiar with the technical analysis in forex trading
- Learn how psychological factor affecting in the trading and define our best trading personality
- Be aware in our risk and money management
- Develop your most effective unique trading system based on your knowledge.
We should keep in mind deeply that forex trading is an investment. There is no way that we could be a master in some investment that we've just dive in to for days or weeks. We have to do it by the right way, and don't forget to eliminate your rush in the goal achievement. You will surely find your best trading system that suits you, I guarantee that. But it would cost you some time for several trial and error system testing while you developing your experience in forex trading.
By using an analogical approach as a computer, forex broker is the application programs and operating system. We do need them to make sure that all we need its done, served and executed properly. But, how good the computerization execution speed and its performance are depends on the basic computer specification, which analogically as you.
How to Get Yourself Completely Forex Prepared
Learning and education materials are world widely spreading around us.
1. The first and the most value added a resource of forex trading is through book reading. Forex and investing categorized books are availabe in countless numbers in many bookstore and online bookstore. You should pick some of them to educate yourself with valuable knowledge of the theory beyond forex trading.
2. Try to get into some traders forum to know more about forex trading and the markets. Forex forum also a place to give you an information for forecasting the crowd psychological factor to forecast the currency price movement by examining on how do other traders react in some financial forex related world events.
3. Get a forex course. An expert forex traders or forex broker are offering this kind of forex educational method. The course are usually about the basic knowledge of forex, technical analysis technique usage and its tools, an expert trading advice or maybe in how to develop a particular tested forex trading system which profitable (if done right and backed by your forex basic knowledge).
4. Forex magazine subscription. Some forex magazines are published weekly, monthly and others might be yearly. These materials usually give you information about the updated forex market behavior overview and analysis which can be use for the input of the fundamental analysis of your forex trading.

Octa is a private investor, an online writer and the owner of a forex trading blog [http://forexocta.blogspot.com]. She owns an online bookstore with a numerous collection of investment related books. Octa also a contributor in some finance categorized blogs.

Do Not Worry - Technical Analysis Will Be Done by Automated Forex Trading Signal Systems

Forex (Foreign Exchange, Forex currency exchange) simply means the buying of one currency and selling another at the same time. In other words, the currency of one country is exchanged for those of another. The currencies of the world are on a floating exchange rate, and are always traded in pairs Euro/Dollar, Dollar/Yen, etc. In excess of 85 percent of all daily transactions involve trading of the major currencies.
Forex trading requires a constant monitoring. You can win the forex market if you can monitor the forex market all the time and should be able to analyze it. Trading forex needs a lot of research. Forex trading needs full time effort. Its not so easy to win the forex market just by being a part time trader.
Whether it is full time trader or a part time trader, forex market needs a lot of technical analysis and fundamental analysis. Doing fundamental analysis is really very easier than doing the technical analysis.
A technical analysis is founded on three suppositions:
1. Movement of the market considers everything;
2. Movement of prices is purposeful;
3. History repeats itself.
Basically technical analysis should be viewed as the study of historical prices at the market in order to forecast or even know with greater probability in what direction the future prices will move. Technical analysis needs various technical indicators, different types of charts, graphical methods and analytical methods.
Technical analysis needs a lot of time, concentration and patience. At the end of technical analysis, you get an idea when to buy the forex and when to sell the forex in order make the profits.
As a part time trader, you cannot keep much time for technical analysis. It's the work of full time traders. But in that case, how could a part time trader win the forex market?
Forex market is growing faster and faster than any other market in the world. Many latest tools have also evolved for the forex market. The solution for the part time traders is to get the forex trading signals.
Trading signals are time-tested indicators of trends in the forex market. Breakouts, support levels and resistance levels, envelope patterns, currency pairs near moving averages, stochastic lines, oscillators, Fibonacci levels - application of these indicators enable forex traders to make a profitable entry into the market. There are about 26 such indicators - reason enough for investors to rely on seasoned forex brokers.
In other words, Forex Trading Signals are selling and buying recommendations given by any third party. Such parties could be brokers, brokerage firms, analysts, traders, forex related software tools, etc. Different parties offer different signals, tips, and trends for trading in forex markets. It is best to collect daily Forex signals from reliable sources. A combination of fundamental and technical analysis forms the foundation of accurate Forex signals.
In the other way, the part time traders should either subscribe for signals with any forex expert organization or they should have some software tool which would do the technical analysis for them and give the signals.
If you subscribe for forex signals with any forex expert organization, the forex signals cost anywhere from $50 to $200 a month. It's up to the individual trader to decide if the cost is worth it. Don't think that signals can take the place of trader education: they are advice, and if you don't have the knowledge to analyze the advice, you should go back to the books before using a signal service.
Now coming to the forex trading software tools, there are some tools which will be available to you provided by your forex broker and also some independent tools (automated forex trading systems) which are independent on any of the brokers. These automated forex trading systems generate the signals for the day that when to buy the forex and when to sell the forex and automatically place orders for your broker without your presence
Coming to the automated forex trading systems that generate the trading signals, they are more handy. Generally the tools that are provided by forex brokers, they will be restricted to only particular currencies, but that would not be the case with the independent automated forex trading systems. These tools will be available in the internet market and that too for a low and affordable price. There is no need for you to pay every month for these tools; it's just a one time purchase. There tools generally doesn't cost more than $100.
The main advantage of these automated forex trading systems is that there is no need for you to depend on any other forex signal providing organizations or on the forex brokers who serves you. There are many chances that your forex brokers systems may also get down due to some other reasons. They can even trade for you even while you sleep!
To catch up with fast growing forex market and to make good profits in forex trading, I prefer the automated forex trading systems. These automated forex trading systems will be of more useful to both part time and full time forex traders.

Forex Mentor Course - My Full Story

I began my first forex trade three years ago, at this time, information sources of trading available were very limited, I could not get the the suitable information on online forex course for free trading to allow me to begin a live forex trading successfully, all my sources of information and trading strategies were obtained from forex forums posts and the trial and errors of former forex traders and their trading strategies, which were evolved to suit their needs and their potential financial capabilities.
I had a long time with a forex demo account for several months, I did not dare to enter into a real live forex trading, because my capital was very limited, and there were no free online forex courses which I can get to help me in my trading. But one day I landed on a website which sell a forex training course package, this website claimed that the its strategy results in a profit rate around 80% in all cases, I read more on this course enough to to be motivated to buy it, especially its price was very suitable to me ($99 total for the 5 ebooks). Once I got the ebooks, I began reading every single word in them with voracity, and - for honesty - it was the first time for me to read in details about forex money management and risk management and their vital rule in forex trading, but this was all I had gotten from this course, nothing otherwise.
I tried to contact the author of the forex course to query him about several points regarding his training program, and guess what? I did not get any response from him, I contacted him up to 10 times, however I did not hear one word.
This was the lesson #1 I learned: It is not about the training program, it's about the AUTHOR of this program, is he alive man? is he a real forex trader OR: he's just a teacher of theoretical lectures in forex trading!
The lesson #2 I learnt was: What is degree of the technical support provided after purchasing his forex training program? shall I find him when I need him?
After a whole year, I would have left almost forex trading and preoccupied by other businesses, but one day while surfing on the internet, I found by accident the Forex Mentor website, and once landed on the main page, at the first sight I cynically laughed and said to myself: "Another Scam!!"
However, I started reading all the information on his training program and the main idea behind it: Pivot Points. I began once again thinking seriously to return to forex trading, and decided to purchase this program of Peter Bain, but for the first glance, I was disappointed for its high price ($495 for a hard copy on CDs, or $349 of the digital copy). After a short time of deep thinking and trying to decide whether I'll buy or not, I said to myself, I lost in the forex trading in the past several thousand of dollars, let them be several thousand PLUS $495!!
I read every word on the Forex Mentor Website, I collected every information available about the Author (Peter Bain) and his history in the forex and stocks market, I read many indpendent reviews about this course. Despite of that, The most important factores encouraged me to buy forex mentor course were as the follows:
The Concept of Forex Mentor Trading System
1- The Program Author: Peter Bain, I read a lot more about him on the internet and on his long experience in the area of trading in stocks, currencies, and the large number of successful traders who trained by him who achieved good trading results with the favor of his forex trading advises.
Peater Bain has developed a very successful trading strategy based on Pivot Points, which depends primarily on the concept of support and resistance: When you see price violate a pivot point convincingly, there are automated trading systems out there that automatically kick in and buy or sell, depending upon where price is going. So, in essence, these two factors alone account for why other indicators are left breathing dust. Bar patterns, MACD divergence, different time frame readings, and trendlines are definite precursors to price changing direction but, in the final analysis, where price is in relation to its nearest pivot point, is the big clue. Tie all these indications together, and you are sure to out-fox price's next move.
2- This coach always exists whenever you need him, he provides One-on-one feedback, he believes that every forex trader trainee has different needs and requires special attention, this feature adds high value to his forex training program.
3- Members only forum, where members can talk just about everything related to the Forex market and the Forex training program. This is the most important characteristic of this program, getting in touch with other forex traders add to your learning experiences.
4- Free membership for 6 months ($ 199 value) membership alone equal times the value of this course, after the period of six months, you will be deducting $100 for renewal, through this membership you will receive on a daily basis the following material:

• Daily Video Questions and Answers - That's right! I will personally answer your email trading questions via live streaming video. You probably think we've gone off the deep end! But again, we are fully committed to your success!
• Daily Trading Examples and Reviews - Success by repetition! Everyday, I will illustrate successful forex trading techniques using the most recent trading markets. These videos streamed to your PC put you right in front of the action! No more reading static charts and text. You can watch these videos any time for as many times as you like.
• Daily Pivot Data for the 6 Major Pairs - We calculate the daily pivots for all the major currency pairs & make them available to you. So you don't have to do the work!
• Forex Online Pivot Calculator - Fine-tune your forex trading by calculating your own pivot points. Trade other markets using these same pivot point principles.
• Meet Local forex traders in your area through one of our dozens of local user groups all over the world.
• Member Discussion Forum - Discuss forex trading strategies and tips with thousands of other like-minded traders from around the world in our member discussion forex forum.

Fore more Details on the Forex Mentor Course Components: http://www.4x-course.com

A Beginner Forex Trading Education

How to get the best beginner education in Forex is a question Forex beginners consistently ask. Forex trading can be an extremely daunting task. This article will discuss how to get the best beginner education in Forex trading including special Forex tips used by the professionals plus how you the best beginner education in Forex Trading could be learnt in the comfort and privacy of your own home. Keep reading to get access to a Forex demo account of $100,000.00.
Beginner Forex traders frequently become confused and often disheartened when they get started in Forex currency trading. However, there are some very simple Forex tips that will help you on your path to becoming a successful Forex trader.
One of the most important Forex decisions you will ever make is choosing the right Forex broker. There is a lot of competition between Forex brokers and their service is as varied as are their prices. Here are a few tips to follow when deciding on which Forex broker to use. It is a must that the Forex broker that you choose is registered with the Commodity Futures Trading Commission. If they aren't, and make excuses for why they aren't, look elsewhere. There is absolutely no excuse for a Forex broker not being registered with the CFTC. It is important to choose a Forex broker that belongs to a reputable company that has been established in the field for a long period of time. If they have some sort of ties to a financial institution like a bank that is even more preferable.
Another important part of your beginner education in Forex Trading is having access to the best and most up to date research tools with real time quotes, charts and reports. Be sure to choose a Forex broker that makes it easy as possible for you to successfully trade as a Forex broker, and also has access to the best and most up to date Forex information at his fingertips. You should also try and choose a Forex broker that has a reasonable spread which is the difference between a Forex buying price and selling price.
It goes without saying that a [http://www.best-forex-trading-system-course.com/]> beginner education in Forex trading can be costly. Your beginner education in Forex trading is not something that you should skimp on. There are many other ways of cutting costs as a Forex trader but your beginner education in Forex trading will create a solid foundation for you and your Forex trading business. As with many things, you get what you pay for. While there are some Forex trading courses that cost thousands of dollars, it's possible, with a little research, to find some fantastic, reputable Forex trading system courses for just a few hundreds of dollars. I suggest that you start with that introduction to beginner education in Forex trading while you are getting your feet wet. Of course, your beginner education in Forex trading may be tax deductible so be sure to check that out with your accountant and keep all your receipts.
A beginner education in Forex trading should not put your money at risk. The best beginner education in Forex trading would simple involve study, practice, trading. It's daunting starting out as a beginner Forex trader so it's best to start out with a demo Forex account. A demo Forex account has a pretend balance that permits the beginner Forex trader practicing the methods learnt and perfecting them, and building your Forex trading confidence, without taking any risks with your own money. This is the ultimate beginner education in Forex trading. You will have plenty of time to gain the Forex experience and confidence you need to make informed decisions and learning how to make lightning-fast Forex trades when you go out into the Forex market on your own.

Copyright 2007. Are you ready to get the best education in Forex trading? “Fast Education For Fast Forex Profits” is what this best Forex trading system course [http://www.best-forex-trading-system-course.com/] is all about. Learn how to start making money trading the Forex market within 30 days. Study, practice, trade – get a 30 day FREE trial to practice Forex trading with your own $100,000.00 Forex account so you never have to risk any of your own money! Start your beginner education in Forex trading at [http://www.best-forex-trading-system-course.com/]

Forex Trading Course - A Must for Forex Beginners

In the world's major economic Marketplace where exchanges achieve up to trillions of dollars each day, many people would really want to take part in this Marketplace. Aside from being the major financial Marketplace in the world, Forex is also the most liquid Marketplace in the world where trades are completed 24 hours a day.
A lot of Traders have turn out to be extremely wealthy Trading in the Forex Marketplace. And, many people who trade in the Forex Marketplace on a daily basis have found a great way to replace their day jobs. Some even became millionaires almost overnight by just Trading in this economic Marketplace.
Trading in the Forex Marketplace can be very attractive. However, you should also know that there have been people who suffered extreme financial losses in the Forex Marketplace. It is true that the Forex Marketplace offers a very good money-making opportunity to a lot of people, but it also has its risks.
It is a fact that people who didn't have the right knowledge and skills Trading in the Forex Marketplace suffered huge financial losses and some even went into debt. So, before you enter the Forex Marketplace, it is essential that you should have the necessary knowledge and skills as a Forex trader in order to minimize the risk of losing money and maximize the potential of making money.
Many people who were doing well in the Forex Marketplace have went through a Forex Course to get the knowledge and skills needed to successfully trade in this very liquid and very large economic Marketplace.
In a Forex Trading Education, you will learn about when it is the right time to buy or sell, chart the movements, spot Marketplace trends and also know how to use the different Trading platforms available in the Forex Marketplace.
You will also be familiarized with the terminologies used in the Forex Marketplace. Even the basic knowledge about Trading in the Forex Marketplace can be a great help with your money-making venture in the world's largest Marketplace.
There are different Forex Trading lessons offered, all you need to do is select one that suits your requirements as a trader. Even crash courses where all the basic things about Forex will be taught to you in a short period of time, full time online courses, where you will learn all about Forex through the internet and there are also full time real life classroom courses where you can learn the ropes about Forex in a real classroom with a live professor.
You can also become an apprentice. On the other hand, in order to become skilled at a lot about Forex as an apprentice, you need to make sure that you have a seasoned Forex trader who can share a lot of things to you about the Forex Marketplace.
Forex Trading Online - 5 Reasons Why You Should.
o Forex never sleeps
o Forex Trading online offers great leverage
o Forex prices are predictable
o Forex trading online is commission free
o Forex trading online is instant
The FX market is astoundingly fast! Your orders are executed, filled and confirmed usually within 1-2 seconds.
Since this is all done electronically with no humans involved, there is little to slow it down!
Forex trading online can get you where you want to go quicker and more profitably than any other form of trading. Check it out and see what Forex trading online can do for you!
A high-quality Forex Trading lessons will also clarify a lot about the primary and technical analysis of charts. As a trader, knowing how to analyze a chart is an essential skill that you should have. So, when you are looking for a Forex Trading lessons, you should look for a lessons that offers essential and technical analysis instruction.
Stress plays a vital part in Forex Traders. Knowing how to deal with stress is also a skill that you should develop. A good Forex Trading Education should teach you how to deal with stress and trade successfully and efficiently.
As much as possible, you should look for a Forex Skill that offer real Trading systems where students can trade real currency on the Forex Marketplace or at least trade on dummy accounts in a simulated Forex Marketplace. This hands-on knowledge will greatly benefit you. In addition, the best way to learn about anything is by actually experiencing it. Live Trading and simulations should be offered in a Forex Trading course.
Forex trading online can get you where you want to go quicker and more profitably than any other form of trading. Check it out and see what Forex trading online can do for you!

Zevs Borealis is the founder of a number of Forex Trading Sites. You can find more info about Forex Trading Online on: More Forex Trading Info [http://www.forextradingwebsite.com] You may publish the article on your website. If you do, not change the article, and include all html as direct links to our site.

Making Money Online With a Forex Trading System

In this article I will discuss making money online, Forex trading, and software related to Forex trading. Both good and bad. As well as cover some other things. Though there are a lot of systems out there, more importantly scams, there's not quite as many as there are online get rich quick schemes and ponzi schemes in general. There are still hundreds if not thousands of scams that directly relate to Forex Currency Trading. These scams come in various forms but often get the record set straight on them quickly, however a few others somehow escape the negative publicity and go for years and hit unsuspecting profit seekers where it hurts the most daily. The problem with Forex is that so much seems too good to be true, and a lot of stuff is, but it's also true that many people have made millions and some aren't really all that smart at it. You can profit from the right robot.
The first thing I would like to discuss is the topic of sales pages, that common pitch page that a lot of products use and you often think it's gone too far or it must be a scam just by looking at it. But when you think real hard about it, over half the time this is not actually the case... These sales pages are so long and packed with information since they are commonly advertised on the web and it is more or less business strategy, as opposed to anything reflecting the product. Certain vendors force you to use pitch pages, they need a specific landing page and it makes things much easier for sales transactions.
So rather than guide you through a structured web site with more details through various sections; they often use this pitch page and they generally pack it with information and a ton of hard selling. This has proven to be the trend and it's gotten harder and harder for some EAs to market their software without these types of pitch pages. It is often the case with digital products and or/stuff you can order online. When it comes to these make-money-online and Forex sites they often have a lot of flash to them and obviously many things to draw customers in. In reality it's not much different from any other form of advertising, most certainly not the likes of gambling, and so forth. They need to have some sort of appeal and be competitive. My conclusion is that even if it looks like it could be a scam, do your homework anyway and it may not be. It just depends. Some things are signs, but in my opinion web design and hard selling are not direct signs of a scam. Though in the Forex Market something to hope for would be charts and proof.
With regards to the surveys and other things, it amounts to filling out spam for pennies pretty much, data entry is the same and much more annoying than even the most desperate realize. It also makes you look bad if you tell your friends. You still have to spend time to make any real money, not prizes, and some also require a credit card number on file, and they text you and stuff too. Let's be honest, it sucks. It's bottom of the barrel work that just isn't worth it. It's for the ultra-lazy. The kind of human being who for example might get scammed by a Forex system. Not a serious adult who is looking to profit from investment and extend their savings, along with make more money in general.
I once tried a clicking service just to see if I actually could make money, on the popular moneytec forum it was this highly suggested thing by a bunch of lazy work at home users, but I bought into it at the time, and, no joke I signed up and they told me it would be easy and they would make it easy to visit 1000 sites or whatever they have you visit for 15 cents. So I clicked a link and it just starting loading every 2 seconds, it was awfully slow, I waited 15 minutes and that was only like 25 sites, i got a virus after, and i closed it fast. I abandoned the 15 cents for it and thought instantly that these poor souls who do this are a whole helluva lot more desperate than I am. I do not belong in these sort of slums of the internet. This is the first time I have ever written about it. Besides that several years ago before I started trading Forex I also wrote a few surveys and never got paid once. I have marketed online to some success but mainly my success has been through Forex Trading. That's why I don't need to work a real job and can sit around doing stuff like this all day. Publishing is very important to me. Once something you write online get's indexed by a major search engine like Google, chances are that it will be there for a very long time. I find that important anyway...
There are other ways you can make money online without Forex Trading, though sadly it is often bottom of the barrel work; boring data entry, filling out surveys for pennies, to name a couple of the more common ones. If you're into making web sites you may also advertise on one of your sites or a network of sites, and for that you need fresh content and you need to get traffic, which is way harder than one might think. You can sell products virtually as an affiliate, though you need to find your niche and work very hard at it, it becomes a time consuming job for some people and no matter what you're likely to going to need to invest in something no matter what you do. Whether it's Forex, Web Design, Advertising or whatever it is or a combination of things, most importantly it takes time and ability to adapt your passion. Though you still have much more freedom, affiliate marketing online is very crowded and has been for years. You can also use a revenue-share article and/or video submission service in hopes of being one of the few who can actually earn a living at it. Though that is not for everybody. If you've got four young children and only have an extra hour or two a day to pull in some extra income you most likely don't have time to play a Martha Stewart like figure. Most people don't.
Forex Trading on the other hand is more convenient in the sense that it is an extremely profitable investment opportunity given the right expert adviser, to advise your trade and supply your signals, generally to guide you. That is option one. You need a broker. It's way easier than you think and in the Forex industry not as big of a word as you might think, easy to get and you don't gotta meet them in person or anything. It's an online thing.
There are many options to trade Forex, one of the most common would be the use of automated Forex platforms and Forex robots, all automated Forex trading in general. There is nothing wrong with it. This is where expert advisers come in, EAs for short. These are the Forex experts as I mentioned above who supply your trades and information to you. They pretty much tell you what to do. Some are much better than others. Some are not out to supply signals at all and simply selling their software to make profit from that end. Proper automated Forex software oftens runs on the metatrader 4 Forex trading platform, or at least the more popular ones do. Your EA software is like plug-in software for it. I'd actually be wrong to say all EAs use it, but many of the ones I have experience with use the Metatrader 4 Platform and I prefer it.
The other way to trade Forex is to study the market, find all the relevant information you need, take a very long time of a few months to several years to learn something, only to have it blow up as you were still too inexperienced to do something with your strategy when the market changed. Strategy is a very important element of online Forex trading but not just having a strategy, it's about having enough strategies and being able to adapt properly with the market. This is why a lot of people fail without popular EAs, because the EA is usually a well experienced trader and your common trader can't provide himself with signals even half as good and a lot less consistently. The well known EAs are usually like 15 year traders and so forth who studied the market like a school subject and make extra money on the side by selling there signals too you, or software which grants them.
A lot of Forex EAs today simply don't have that sort strategy or ability to adapt with the market... Thus not making them scams, but just not prepared for the long haul in general. I have a lot of experience with failed systems and systems that worked for just a little while. I have others that work to this day but I am always seeking new ones. I can review several including one I use now however that has already been done a few times over.
If you're looking for the cross between really learning Forex and just really having to learn complicated signals and software I'd suggest Forex Fap Turbo. The downside of this is you often need to buy extra stuff to learn it and some of it is useless. All of this for pretty decent software but it takes way more time and skill and not something I was happy with. I requested and received my refund for the software and some other software related to it, as it was just not for me and the only people i heard reviewing and bragging about it were a lot more educated before they tried it than I was. I wasn't ready then, am not ready now. Though it's a well reviewed Forex system and not a scam, I'd provide a link to a review but there is too many of the same, several are mere Forex advertisements so that's not a lot of help. It also brings up a lot of the Fap Turbo related software that isn't even the direct software and you gotta buy it separately. So it's a lot of hassle even more than some typical investments that aren't related to Forex.
I have also tried automoney and several other Forex robots and automated Forex platforms. I have found that many of these automated Forex systems are a dime a dozen and send you through far too many loops to get the desired results. If they don't eat your entire investment... Some systems don't have stops and you have to do too much manually, others are slow, and sometimes the EA is simply just not your sort of teacher and you get lost sometimes...Some EAs will simply sniff you out and then screw you over in the end. This is why it's important to watch for signs of proof either by service trial or physical proof before making your purchase of expensive Forex software.
I have also used Forex Assassin, the eToro Forex trading platform and Forex Harvester but nothing really significant has come up from any of those systems for me.
Some Forex marketers, EAs and employees in general and so forth are so vicious that they monitor new "Forex" related domain registrations and somehow get your email address and solicit you... So you have to be aware that in the Forex market as far as Forex expert advisers go, there is a lot of them competing to get your money. You are merely seeking the ones who are also looking to have a solid reputation and actually provide you with profitable trades, your EAs #1 objective should be successfully trading Forex and not selling their software. This is another thing that makes the simple "pitch page" easy for EAs with very little maintenance, on that end of things. The software should be and often is a side venture for Forex experts who can actually profit from their knowledge of the market and have the means to market themselves... Can anybody create automated software and sell it? Probably not, I think it's a bit of a stretch but then again it depends if you even get software, or whatever, most systems that are fully developed and have good features but don't work - were more than likely meant to work at some point.
I have read up on quite a few of the most popular Forex review sites like Forex Peace Army and many other well known ones, and to me they all pretty much point towards the same complicated software and their voters are already experts investing 10s of thousands already and they barely feel some of their losses. They switch around a lot; nothing turns out to be solid in the end. The reviews on sites like that most likely got started through advertising. Too many people get to review their own systems on Forex sites like that, etc. You never know who the reviewer is. Searching for automated Forex software reviews is almost impossible nowadays since they all say pretty much the same thing and are mostly positive...
I have read up on many "free Forex signal" reports on the web and I also participate actively on various Forex forums and other Forex related sites. I often find with these particular free Forex signals at least my impression is that you get somebody looking to be a mentor of some sort for you, they are usually shady and turn out to be lacking when you need them the most. These guys are usually empty handed. They are trying to freelance or whatever so that they can supply systems and build a name for themselves, but the problem is that these are the guys who after so many followers do create a commercial system and then ultimately end up failing, their the failed EA newbies to some extent and you want an EA who is an accomplished Forex expert.
One should consider it much better and safer to use an established system that is known to work, and not the work of an aspiring EA, or even worse, somebody who doesn't have those credentials at all and are just trying to stuff their ego. I have not enjoyed the free Forex signals and find it more like looting through them then finding anything really that productive, not much is there or else all Forex signals would have to be free and would be for everybody, all the best Forex signals would be free. At least that is my concept. I don't want a rookie EA telling me what to do, since the trend in the Forex market nowadays is most definitely for more popular and well established EAs to sell systems, mostly automated software. That is one thing I don't understand, who these people are that clog up the forums with nonsense and think they can compete in the market with actual successful Forex EAs who really know how to trade.
How much you want to trade really depends on you. If you're a Forex starter you need to have a good EA for starters, and while I can't hand pick one for you, I can provide at least one review since I have spent time on the subject, in this article off-site to an excellent EA which i have tried and complies with several of my standards. I feel it is an excellent resource for people like me at least who gets lost on the big stuff. There are many fish in the sea.

The review: http://automatedForexplatform.com - The software is called Forex Money Train in case the link goes dead. My overall conclusion is that Forex is the best and most sophisticated way to make money easily, if you put some effort in you will realize it's easy to get a handle on a good automated Forex trading robot. The day I find something better I will write a new article about it.

Forex on-line, курс валют: Learning to Trade Forex in Seven Steps

Forex on-line, курс валют: Learning to Trade Forex in Seven Steps

Learning to Trade Forex in Seven Steps

If you are interested in learning to trade forex successfully, then the most common path for an aspiring trader these days is to search the Internet for information to apply immediately to their live forex trading account. The problem is that their search often leads them to destinations where there are plenty of false promises, bad ideas, negativity and an obsession with indicators.  Many of the EBooks on sale today are filled with recycled concepts or incomplete strategies which the authors themselves do not use.  Many authors do not earn money from forex trading but they earn their living by selling these EBooks to the novice forex trader.
 
This easy access to forex guru's who fuel the idea that forex trading is the holy grail of easy money, then financially feed off those same people they have sold this idea to. At the end of the day what many of these forex guru's sell is a gross misrepresentation of what it takes to trade forex for a living. 
 
Forex Trading is not easy.  You can become a good forex trader though dedication and by treating forex trading as you would any other skill.  The reality is that it is hard work and must be treated with the same amount of seriousness as you would any other career.
 
The effect of all these gurus is that many forex traders start off overly optimistic with unrealistic goals.  Whilst there is nothing wrong with a positive mental attitude but this positivity must be built on strong foundations and realistic expectations.
 
New forex traders normally start their career by purchasing some secret set of indicators and they are quickly punished for their naivety.  Many of these forex traders then purchase a different set of secret indicators until they become disillusioned and then quit trading.
 
In fact, many forex traders that are now successful went through this learning process, including myself.  This is only a problem if you refuse to learn from your mistakes.  You need to break from this cycle of reliance on secret indicators and guru methods to be successful.
 
You help yourself in the beginning; by learning to think for yourself and understanding that whilst anyone can trade forex, to be successful, you must learn to BE a forex trader.
To BE A Forex Trader
 
To trade forex is easy, all you need is a forex trading account with money in it and then you enter the foreign exchange market and start trading. 
 
To be a forex trader is more work. You need to grow from the starting point of having very little knowledge to the stage where you have a trading plan, understand the concepts and behaviour of the forex market and be able to trade with a cool head and understand that wins and losses are all part of being a Forex Trader.
 
Learning How to Trade Forex by thinking like a Forex Trader in Seven Steps.
 
 
1. Understand your place in the Forex Market
 
This is very important you must understand that you are very small fish in a big ocean. 
 
 In the Foreign Exchange Market the majority of the liquidity is coming from big banks and experienced institutional traders. These are the big fish.   The big fish will happily enjoy you as a little snack.
 
You are only fooling yourself if you think it will be easy to take money off these big forex traders.  
 
You have to learn to swim alongside these big fish and catch the same currents they do.  Swimming against them just marks you as prey and sooner or later you will be eaten. 
 
 
2. Learn to read the Forex Charts and Understand the Foreign Exchange Market.
 
Many novice forex traders believe that these big forex traders have access to some secret forex trading strategy or use a secret set of indicators, but the truth is this is just not the case.
 
These major forex players are using simple, but proven technical analysis techniques - most commonly horizontal support/resistance, identification of trading ranges, Fibonacci these are then coupled with fundamental themes. 
 
Begin by accepting that the other major participants are highly experienced in the market and they make money because of experience and by a complete understanding of the core skills and not because they hold a holy grail of secret indicators.
 
3. Money Management
 
It is crucial that you understand as a novice forex trader the emphasis is not on how much you can make from forex trading but on how you manage what you have.
 
This is the most common downfall of all novice traders.  It is common place to see a starting trader risk the majority of their account on one or two positions. 
 
This style of trading is not sustainable and professional traders do not trade in this manner.  Everyone sometime in their career will have a string of bad trades.  A typical number might be 10 losing trades in a row.  The question is do you have a money management plan in place that enables you to survive this?
 
4. Focus on the Market
 
Many novice forex traders open their forex charting software and activate their latest hot indicator or tool and proceed to place their trades as per the tools recommendations. This style of forex trading is unlikely to have much long term success.
 
When these indicators fail to generate the required profits then these traders then move rapidly on to another set of indicators.
 
You must focus on the forex market and understand what the indicators are telling you so that you can pick the forex trades which have the best probability of being winners.
 
Successful forex traders use indicators and tools as Fibonacci, Pivot points, price channels, MACD, RSI etc.  These tools by themselves do not make a successful trader.  There are many successful traders and unsuccessful traders who use the exact same indicators.
 
The key is that successful traders understands how the market behaves around the indicators and understands what the signals actually mean.   
 
The best way to achieve this is to stop swapping between tools and select those that compliment your trading plan, understand how they work, and then spend time in the market experiencing them.
5. Plan your trade and trade your plan.
 
This is a common saying that seems to get lost on novice traders.  It should be every trader's goal to make pips on each forex trade as per their trading plan.  Forex Traders must treat each trade as a business decision by calculating their risk and defining their entries and exits points, those that do not   open themselves to big losses when a trade goes bad.
 
Many novice traders seem to lack the discipline to follow a plan for each trade.  So what happens is typically the following; a novice trader will see a potential set-up, they decide on some arbitrary sum to buy or sell with a quick guesstimate, then place the trade without analyzing any risk and having an exit strategy. 
 
Of course this way of trading can be profitable over the short term, more down to luck than skill.  But eventually the luck runs out and the trader is caught napping and a common result is a wiped out account.
 
The first question novice traders tend to ask themselves how much will I make on this forex trade?
The first question experience traders tend to ask themselves is how much is my potential loss / risk?
6. Your mind is your strongest asset and weakest link.
 
Entire books have been dedicated to the subject of psychology and its role in trading. That doesn't mean they are all going to help you, but you should take this as a sign that the subject is not to be ignored. 
 
First you must understand the role psychology plays in trading.  You must learn to understand your personality traits and how they might affect your trading style.  
 
A trader I know is a bad loser and when he has a bad trade, he had a habit of going straight back and trying to win those pips back with even worse results.  But he understands this as a weakness and when he has a bad trade, he takes a break of 20 minutes before he goes back to trading so that his emotions do not affect his trading decisions.
 
Second you must make it your aim to never stop learning. You cannot get yourself to a certain level and then become complacent. Every day is a learning experience in some way or other and you must be prepared to learn lessons and invest time in improving your skills and experience. The day you stop learning is the day you should stop trading.
 
7. Understand The Forex Market is always right or Expect the Unexpected.
 
The forex market is an interesting place, but there is one thing every trader needs to learn.   Always expect the unexpected and do not get wrapped up in past successes.   No matter what your charts or indicators tell you; sometimes the forex market will just do the opposite.  
 
Whatever happens in the market you must maintain an objective outlook on your strategy and the forex market and ensure that bubbles and crashes do not derail you in the long term.
By following these steps and learning to become a forex trader rather than just trading the forex market, you will put you on the path to ultimate success as a profitable forex trader.  This is something that 90% of all novice traders fail to achieve.

Want to read more reviews of forex trading systems, forex brokers and learn more about forex trading by a currency trader? Then be sure to check out http://www.currency-exchange-reviews.com

What are Your Options Regarding Forex Options Brokers?

Forex option brokers can generally be divided into two separate categories: forex brokers who offer online forex option trading platforms and forex brokers who only broker forex option trading via telephone trades placed through a dealing/brokerage desk. A few forex option brokers offer both online forex option trading as well a dealing/brokerage desk for investors who prefer to place orders through a live forex option broker.
The trading account minimums required by different forex option brokers vary from a few thousand dollars to over fifty thousand dollars. Also, forex option brokers may require investors to trade forex options contracts having minimum notional values (contract sizes) up to $500,000. Last, but not least, certain types of forex option contracts can be entered into and exited at any time while other types of forex option contracts lock you in until expiration or settlement. Depending on the type of forex option contract you enter into, you might get stuck the wrong way with an option contract that you can not trade out of. Before trading, investors should inquire with their forex option brokers about initial trading account minimums, required contract size minimums and contract liquidity.
There are a number of different forex option trading products offered to investors by forex option brokers. We believe it is extremely important for investors to understand the distinctly different risk characteristics of each of the forex option trading products mentioned below that are offered by firms that broker forex options.
Plain Vanilla Forex Options Broker - Plain vanilla options generally refer to standard put and call option contracts traded through an exchange (however, in the case of forex option trading, plain vanilla options would refer to the standard, generic option contracts that are traded through an over-the-counter (OTC) forex dealer or clearinghouse). In simplest terms, vanilla forex options would be defined as the buying or selling of a standard forex call option contract or forex put option contract.
There are only a few forex option broker/dealers who offer plain vanilla forex options online with real-time streaming quotes 24 hours a day. Most forex option brokers and banks only broker forex options via telephone. Vanilla forex options for major currencies have good liquidity and you can easily enter the market long or short, or exit the market any time day or night.
Vanilla forex option contracts can be used in combination with each other and/or with spot forex contracts to form a basic strategy such as writing a covered call, or much more complex forex trading strategies such as butterflies, strangles, ratio spreads, synthetics, etc. Also, plain vanilla options are often the basis of forex option trading strategies known as exotic options.
Exotic Forex Options Broker - First, it is important to note that there a couple of different forex definitions for "exotic" and we don't want anyone getting confused. The first definition of a forex "exotic" refers to any individual currency that is less broadly traded than the major currencies. The second forex definition for "exotic" is the one we refer to on this website - a forex option contract (trading strategy) that is a derivative of a standard vanilla forex option contract.
To understand what makes an exotic forex option "exotic," you must first understand what makes a forex option "non-vanilla." Plain vanilla forex options have a definitive expiration structure, payout structure and payout amount. Exotic forex option contracts may have a change in one or all of the above features of a vanilla forex option. It is important to note that exotic options, since they are often tailored to a specific's investor's needs by an exotic forex options broker, are generally not very liquid, if at all.
Exotic forex options are generally traded by commercial and institutional investors rather than retail forex traders, so we won't spend too much time covering exotic forex options brokers. Examples of exotic forex options would include Asian options (average price options or "APO's"), barrier options (payout depends on whether or not the underlying reaches a certain price level or not), baskets (payout depends on more than one currency or a "basket" of currencies), binary options (the payout is cash-or-nothing if underlying does not reach strike price), lookback options (payout is based on maximum or minimum price reached during life of the contract), compound options (options on options with multiple strikes and exercise dates), spread options, chooser options, packages and so on. Exotic options can be tailored to a specific trader's needs, therefore, exotic options contract types change and evolve over time to suit those ever-changing needs.
Since exotic forex options contracts are usually specifically tailored to an individual investor, most of the exotic options business in transacted over the telephone through forex option brokers. There are, however, a handful of forex option brokers who offer "if touched" forex options or "single payment" forex options contracts online whereby an investor can specify an amount he or she is willing to risk in exchange for a specified payout amount if the underlying price reaches a certain strike price (price level). These transactions offered by legitimate online forex brokers can be considered a type of "exotic" option. However, we have noticed that the premiums charged for these types of contracts can be higher than plain vanilla option contracts with similar strike prices and you can not sell out of the option position once you have purchased this type of option - you can only attempt to offset the position with a separate risk management strategy. As a trade-off for getting to choose the dollar amount you want to risk and the payout you wish to receive, you pay a premium and sacrifice liquidity. We would encourage investors to compare premiums before investing in these kinds of options and also make sure the brokerage firm is reputable.
Again, it is fairly easy and liquid to enter into an exotic forex option contract but it is important to note that depending on the type of exotic option contract, there may be little to no liquidity at all if you wanted to exit the position.
Firms Offering Forex Option "Betting" - A number of new firms have popped up over the last year offering forex "betting." Though some may be legitimate, a number of these firms are either off-shore entities or located in some other remote location. We generally do not consider these to be forex brokerage firms. Many do not appear to be regulated by any government agency and we strongly suggest investors perform due diligence before investing with any forex betting firms. Invest at your own risk with these firms.

John Nobile - Senior Account Executive
CFOS/FX - Online Forex Spot and Options Brokerage

Forex Options Market Overview

The forex options market started as an over-the-counter (OTC) financial vehicle for large banks, financial institutions and large international corporations to hedge against foreign currency exposure. Like the forex spot market, the forex options market is considered an "interbank" market. However, with the plethora of real-time financial data and forex option trading software available to most investors through the internet, today's forex option market now includes an increasingly large number of individuals and corporations who are speculating and/or hedging foreign currency exposure via telephone or online forex trading platforms.
Forex option trading has emerged as an alternative investment vehicle for many traders and investors. As an investment tool, forex option trading provides both large and small investors with greater flexibility when determining the appropriate forex trading and hedging strategies to implement.
Most forex options trading is conducted via telephone as there are only a few forex brokers offering online forex option trading platforms.
Forex Option Defined - A forex option is a financial currency contract giving the forex option buyer the right, but not the obligation, to purchase or sell a specific forex spot contract (the underlying) at a specific price (the strike price) on or before a specific date (the expiration date). The amount the forex option buyer pays to the forex option seller for the forex option contract rights is called the forex option "premium."
The Forex Option Buyer - The buyer, or holder, of a foreign currency option has the choice to either sell the foreign currency option contract prior to expiration, or he or she can choose to hold the foreign currency options contract until expiration and exercise his or her right to take a position in the underlying spot foreign currency. The act of exercising the foreign currency option and taking the subsequent underlying position in the foreign currency spot market is known as "assignment" or being "assigned" a spot position.
The only initial financial obligation of the foreign currency option buyer is to pay the premium to the seller up front when the foreign currency option is initially purchased. Once the premium is paid, the foreign currency option holder has no other financial obligation (no margin is required) until the foreign currency option is either offset or expires.
On the expiration date, the call buyer can exercise his or her right to buy the underlying foreign currency spot position at the foreign currency option's strike price, and a put holder can exercise his or her right to sell the underlying foreign currency spot position at the foreign currency option's strike price. Most foreign currency options are not exercised by the buyer, but instead are offset in the market before expiration.
Foreign currency options expires worthless if, at the time the foreign currency option expires, the strike price is "out-of-the-money." In simplest terms, a foreign currency option is "out-of-the-money" if the underlying foreign currency spot price is lower than a foreign currency call option's strike price, or the underlying foreign currency spot price is higher than a put option's strike price. Once a foreign currency option has expired worthless, the foreign currency option contract itself expires and neither the buyer nor the seller have any further obligation to the other party.
The Forex Option Seller - The foreign currency option seller may also be called the "writer" or "grantor" of a foreign currency option contract. The seller of a foreign currency option is contractually obligated to take the opposite underlying foreign currency spot position if the buyer exercises his right. In return for the premium paid by the buyer, the seller assumes the risk of taking a possible adverse position at a later point in time in the foreign currency spot market.
Initially, the foreign currency option seller collects the premium paid by the foreign currency option buyer (the buyer's funds will immediately be transferred into the seller's foreign currency trading account). The foreign currency option seller must have the funds in his or her account to cover the initial margin requirement. If the markets move in a favorable direction for the seller, the seller will not have to post any more funds for his foreign currency options other than the initial margin requirement. However, if the markets move in an unfavorable direction for the foreign currency options seller, the seller may have to post additional funds to his or her foreign currency trading account to keep the balance in the foreign currency trading account above the maintenance margin requirement.
Just like the buyer, the foreign currency option seller has the choice to either offset (buy back) the foreign currency option contract in the options market prior to expiration, or the seller can choose to hold the foreign currency option contract until expiration. If the foreign currency options seller holds the contract until expiration, one of two scenarios will occur: (1) the seller will take the opposite underlying foreign currency spot position if the buyer exercises the option or (2) the seller will simply let the foreign currency option expire worthless (keeping the entire premium) if the strike price is out-of-the-money.
Please note that "puts" and "calls" are separate foreign currency options contracts and are NOT the opposite side of the same transaction. For every put buyer there is a put seller, and for every call buyer there is a call seller. The foreign currency options buyer pays a premium to the foreign currency options seller in every option transaction.
Forex Call Option - A foreign exchange call option gives the foreign exchange options buyer the right, but not the obligation, to purchase a specific foreign exchange spot contract (the underlying) at a specific price (the strike price) on or before a specific date (the expiration date). The amount the foreign exchange option buyer pays to the foreign exchange option seller for the foreign exchange option contract rights is called the option "premium."
Please note that "puts" and "calls" are separate foreign exchange options contracts and are NOT the opposite side of the same transaction. For every foreign exchange put buyer there is a foreign exchange put seller, and for every foreign exchange call buyer there is a foreign exchange call seller. The foreign exchange options buyer pays a premium to the foreign exchange options seller in every option transaction.
The Forex Put Option - A foreign exchange put option gives the foreign exchange options buyer the right, but not the obligation, to sell a specific foreign exchange spot contract (the underlying) at a specific price (the strike price) on or before a specific date (the expiration date). The amount the foreign exchange option buyer pays to the foreign exchange option seller for the foreign exchange option contract rights is called the option "premium."
Please note that "puts" and "calls" are separate foreign exchange options contracts and are NOT the opposite side of the same transaction. For every foreign exchange put buyer there is a foreign exchange put seller, and for every foreign exchange call buyer there is a foreign exchange call seller. The foreign exchange options buyer pays a premium to the foreign exchange options seller in every option transaction.
Plain Vanilla Forex Options - Plain vanilla options generally refer to standard put and call option contracts traded through an exchange (however, in the case of forex option trading, plain vanilla options would refer to the standard, generic forex option contracts that are traded through an over-the-counter (OTC) forex options dealer or clearinghouse). In simplest terms, vanilla forex options would be defined as the buying or selling of a standard forex call option contract or a forex put option contract.
Exotic Forex Options - To understand what makes an exotic forex option "exotic," you must first understand what makes a forex option "non-vanilla." Plain vanilla forex options have a definitive expiration structure, payout structure and payout amount. Exotic forex option contracts may have a change in one or all of the above features of a vanilla forex option. It is important to note that exotic options, since they are often tailored to a specific's investor's needs by an exotic forex options broker, are generally not very liquid, if at all.
Intrinsic & Extrinsic Value - The price of an FX option is calculated into two separate parts, the intrinsic value and the extrinsic (time) value.
The intrinsic value of an FX option is defined as the difference between the strike price and the underlying FX spot contract rate (American Style Options) or the FX forward rate (European Style Options). The intrinsic value represents the actual value of the FX option if exercised. Please note that the intrinsic value must be zero (0) or above - if an FX option has no intrinsic value, then the FX option is simply referred to as having no (or zero) intrinsic value (the intrinsic value is never represented as a negative number). An FX option with no intrinsic value is considered "out-of-the-money," an FX option having intrinsic value is considered "in-the-money," and an FX option with a strike price at, or very close to, the underlying FX spot rate is considered "at-the-money."
The extrinsic value of an FX option is commonly referred to as the "time" value and is defined as the value of an FX option beyond the intrinsic value. A number of factors contribute to the calculation of the extrinsic value including, but not limited to, the volatility of the two spot currencies involved, the time left until expiration, the riskless interest rate of both currencies, the spot price of both currencies and the strike price of the FX option. It is important to note that the extrinsic value of FX options erodes as its expiration nears. An FX option with 60 days left to expiration will be worth more than the same FX option that has only 30 days left to expiration. Because there is more time for the underlying FX spot price to possibly move in a favorable direction, FX options sellers demand (and FX options buyers are willing to pay) a larger premium for the extra amount of time.
Volatility - Volatility is considered the most important factor when pricing forex options and it measures movements in the price of the underlying. High volatility increases the probability that the forex option could expire in-the-money and increases the risk to the forex option seller who, in turn, can demand a larger premium. An increase in volatility causes an increase in the price of both call and put options.
Delta - The delta of a forex option is defined as the change in price of a forex option relative to a change in the underlying forex spot rate. A change in a forex option's delta can be influenced by a change in the underlying forex spot rate, a change in volatility, a change in the riskless interest rate of the underlying spot currencies or simply by the passage of time (nearing of the expiration date).
The delta must always be calculated in a range of zero to one (0-1.0). Generally, the delta of a deep out-of-the-money forex option will be closer to zero, the delta of an at-the-money forex option will be near .5 (the probability of exercise is near 50%) and the delta of deep in-the-money forex options will be closer to 1.0. In simplest terms, the closer a forex option's strike price is relative to the underlying spot forex rate, the higher the delta because it is more sensitive to a change in the underlying rate.

John Nobile - Senior Account Executive
CFOS/FX - Online Forex Spot and Options Brokerage

फोरेक्स ओं-लाइन

Investors continue to monitor developments around Greece, namely, the conditions under which the country will be able to refinance its debt. Scheduled for this week, placing a new issuance of government bonds Greece increased the demand for risky assets. However, Greece should pay 11 billion euros in debt in April, as illustrated by the State Debt Management Agency of Greece, but it can become sufficiently strong barrier to the European currency.

Many experts believe that the current rise in the euro is likely to be temporary and must be regarded only as a correction, as sentiment remains generally quite negative.

Amid concerns about reducing the possibility of default of Greece stabilized above 1.3430 support a few euros at the auction on Monday, but, as we see, investors also tend to put on the growth of the dollar. Renewed selling of 1.35 figures tell us that the pair euro / dollar is not easy to achieve this milestone.

As for the British currency, the consolidation of a pair of pound / dollar above the 1.49 figure would mean a further closing of short positions and perhaps even succeed Briton to climb to a mark of 1.51, and then to 1.52.

Tomorrow, investors will be expected to yield data on changes in the volume of UK GDP, the current account surplus in the UK, the price index for shelter from Nat'wide, an indicator of consumer confidence in the U.S..

फोरेक्स ट्रेडिंग

At the auction on Monday against the background of general improvement in sentiment in global markets, the euro and other higher-yielding currencies have demonstrated growth, crowding, so the U.S. dollar further away from his achievements in the last week of months of highs.

The increase optimism of investors contributed to the decision last week EU leaders in Brussels on the necessity of participation of the International Monetary Fund (IMF) in financial assistance to Greece.

The agreement between the EU and the IMF on the question of Greece allowed the euro, together with other higher-yielding currencies bounce from its lows and go on the offensive, which was partly caused by a massive profit-taking and the closure of long positions on dollar large investors.

At the same time risk appetite increased after the Greek Government announced its intention to attract 5 billion euros by issuing seven-year bonds. Experts note that the proceeds from these bonds will have to help Greece to implement appropriate debt payments as early as next month।