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RetailFX
EDITORIAL REVIEW:
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RetailFX:
In today's rapidly growing forex industry it can sometimes be difficult to distinguish one broker from the
next. The search for the perfect broker can be exasperating since most brokers offer conditions that appeal
to a very narrow range of clients. This is just one of the reasons that RetailFX has made such a long
reaching reputation for itself in the forex and futures industry. RetailFX is a broker that has made its
goal to provide trading conditions suitable for any type of forex trader. Whether you're a novice who is
hesitating to plunge head first into a still unknown market, or a pro looking for a broker to properly
reward their volume of trading, RetailFX is probably one of the best broker choices out there for you.
With RetailFX, flexibility is everything. This is reflected in their immense range of leverages, in their
wide selection of account types and in their commitment to provide low spreads at no commission. Added to
this already strong offering is RetailFX's trading software that provides an array of educational tools for
novice traders as well as advanced forex analysis tools and accurate trade order execution for the pros.
Aside from the client sphere, RetailFX provides great opportunities for forex entrepreneurs to take
advantage of its popular offerings. These too are adapted to suit a wide spectrum of speculators. Internet
savvy individuals can join the RetailFX team by becoming simple affiliates or introducing brokers,
while larger businesses and corporations can become white label and local partners and build an entire
operation based around RetailFX's trading capacities.
The overall professionalism and commitment that RetailFX displays both toward their client base and toward
their collaborators leaves us to conclude that the name RetailFX
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Pluse:
• Competitive spreads as low as 2 pips
• Leverages ranging from 1:5 to 1:400
• Comfortable visual trading software (available in no download, fully online format)
• Professional and accurate trade order execution
• Live up to date forex data
• Commodity trading
• Wide range of international and local deposit options
• Good range of account types, as low as $50 accounts, with enticing benefits for VIPs
• Various collaboration options
• Professional support
• No commissions
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Minuses:
• Requires documentation for withdrawal
• Limited range of currency pairs
• Personal account management only for Silver account types and up
• Not all trades can be carried over the weekend (depends on leverage and stop loss)
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To sum it up: is sure to rank among the forerunners of the forex industry for a long time.
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I know my ways around online and offline forex brokers and has already managed to become one of the most popular
and I have to say that trading conditions don’t get much
better than the ones offered by RetailFX. Great leverages, from 1:5 which is quite suitable for long term
investing, to 1:400 which is best for day traders or scalpers. Relatively low spreads (3 pips on EUD/USD and
only 2 on USD/CHF!) and a personal account manager from day one. For serious traders like myself, there’s also
a pretty awesome VIP accounts program that’s definitely worth checking out!
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I’ve been trading with RetailFX for two years now
and I have nothing but good things to say.
The trades are always accurately executed and the data is always a lot more accurate than at other brokers.
The one or two times that I have had an issue, I’ve simply contacted my account manager who resolved the problem
and reimbursed me immediately. In my opinion the most important characteristic in any broker is trustworthiness
and RetailFX has so far proven to be 100% trustworthy.
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I switched to RetailFX after having some issues with my previous FX broker
and I’m very satisfied with my
decision. As soon as I opened an account I got contacted by my own account manager and he helped me a lot when
I was getting started. It took a while to get used to RetailFX’s unorthodox software, because of its simplicity,
but now I wouldn’t trade with anything. I highly recommend RetailFX to anyone looking for an FX broker.
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I signed up as an introducing broker for RetailFX
after trading with them for a while and seeing their
popularity and reputation grow. Now I have thousands of customers trading with RetailFX and my customer base
is growing on a daily basis. I’ve actually built my own business thanks to RetailFX.
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I was referred to RetailFX by a friend because I wanted to learn to trade forex.
I like RetailFX’s trading
platform because it’s simple to get around and open trades. They also gave me a good bonus and let me practice
as much as I want on the demo platform. I even have an account manager who calls me and tells me when to trade.
I used to play poker before this, but now I’ve completely switched to trading forex with RetailFX,
because I can actually profit.
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EDUCATIONAL ARTICLES
Candlestick charts are yet another tool used in technical analysis. The data represented in a candlestick
chart is exactly the same as the data presented in a regular line graph of a currency pair’s price rate,
but its way of presenting this data can add an important dimension to your analysis of the data.
Most professional forex traders today tend to prefer candlestick charts to regular line charts, or at
least use the two in combination...
Read More
The forex market is a risky place. Placing investments in this market may well make you a profit,
but it may just as well make your investment disappear before your eyes. Luckily, there are ways to limit
or minimize the risks you are taking in the forex market, while still leaving your profit potential limitless....
Read More
Support and resistance are both two of the most widely used terms in the field of technical analysis.
These terms are used to analyze technical charts in order to spot a trend and to determine when this
trend will most likely turn. The concept is quite simple. On a technical chart, the terms apply both to
simple line graphs and to candlestick charts, a trend traces an easily recognizable pattern. This pattern
is a descending or descending zigzag line. The ups and downs of the line are called peaks and valleys, and
the tops and bottoms of these peaks and valleys are what forex traders call support and resistance levels....
Read More
One of the greatest advantages of the forex market is that it is open and functioning 24 hours a day excluding
weekends. This means that you can trade whenever it’s comfortable for you or whenever you get an important forex
hunch or hint. That’s all well and good, but you must keep in mind that not all hours of the forex market provide
the same profit opportunity. Profit is made when the forex market moves up or down, but making profit when the
forex market isn’t moving would prove to be a bit of a challenge...
Read More
If you’ve ever traded forex then you probably know that all forex traders use leverage in their positions.
Leveraging trades has become such common practice in the forex trading industry that today it’s hard to find
completely unleveraged positions in the market. Since price rate movements in the forex market are usually
very minute and almost unnoticeable, traders need to invest huge amounts of capital in every position in
order to profit from the market movements. The problem is however, that most traders in the market, with the
exception of immense financial institutions such as banks, don’t have the kind of capital it takes to make
real money off their investments...
Read More
If there is such a thing as the secret to long term success as a trader in the forex market, it’s money management.
Money management is not some vague abstract forex term, it literally means managing your money wisely. This may
seem very basic, but you would be surprised how hard it is to manage a forex account and to stick to your money
management principles. Part of the joy of forex trading is that it’s exciting stuff – currencies going up and down
all the time, fantastic leverage opportunities and multiple simultaneous trades make it all too easy to get carried
away and quickly end up with a not so exciting zero in your account balance...
Read More
Technical or trend analysis presupposes that past market movement gives traders an indication of future market
movement. This seems like basic stuff but it is the most useful and popular forex analysis tool among forex traders
today. Spotting when a pair is trending and when it isn't is the key to consistent profit in the forex market.
Once you identify a trend, you can predict what direction the rate of a currency pair will take and you can
exploit this knowledge to your advantage by opening a position in that direction...
Read More
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LIVE QUOTES:
SPECIAL REPORTS
Candlestick charts are yet another tool used in technical analysis. The data represented in a candlestick
chart is exactly the same as the data presented in a regular line graph of a currency pair’s price rate,
but its way of presenting this data can add an important dimension to your analysis of the data.
Most professional forex traders today tend to prefer candlestick charts to regular line charts, or at
least use the two in combination...
Read More
The forex market is a risky place. Placing investments in this market may well make you a profit,
but it may just as well make your investment disappear before your eyes. Luckily, there are ways to limit
or minimize the risks you are taking in the forex market, while still leaving your profit potential limitless....
Read More
Support and resistance are both two of the most widely used terms in the field of technical analysis.
These terms are used to analyze technical charts in order to spot a trend and to determine when this
trend will most likely turn. The concept is quite simple. On a technical chart, the terms apply both to
simple line graphs and to candlestick charts, a trend traces an easily recognizable pattern. This pattern
is a descending or descending zigzag line. The ups and downs of the line are called peaks and valleys, and
the tops and bottoms of these peaks and valleys are what forex traders call support and resistance levels....
Read More
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