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Association Cambiste Internationale

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Association Cambiste Internationale ACI

Definition of Association Cambiste Internationale:
Association Cambiste Internationale, ACI is a leading, global association of wholesale financial market professionals, contributing to market development through education, market practices, technical advice and networking events. It is an examining body internationally recognized by the practitioners working in the Foreign Exchange and operations of the Money Market. This works with several numbers of main authoritarian bodies. The association Cambsite internationale has headquarters in Paris and is regarded as an umbrella association for several national associations consisting of foreign dealers and other members working in the financial institutions. The members of Association Cambsite Internationale are engaged within the trading in the financial market that represents the Foreign Exchange, securities, interest rate items, costly metal and products and their different types of derivatives. Association Cambiste Internationale is a popular association of wholesale market professionals. This Cambsite Internationale consists of about 13,000 members belonging to different countries.ACI was founded in Paris in 1955 as Association Cambiste Internationale and has a proud and illustrious history of involvement in helping its membership through various market interactions. The specific market promotes best market practices with the help of better learning programs and a collection of the globally accepted market practices with the help of learning programs and a collection of the worldliest collection of market standards. It was established in Paris and has a valued background in the International Markets.

Bruno Langfritz, ACIFMA Chairman said:

“Throughout its long history as a non-profit making institution ACI has emphasized membership, community and a determination to enhance financial industry ethical conduct. As the world of financial services develops and changes faster there is ever more need for ACI education and training services, both for individual personal development and code and regulatory adherence.”

How does Relative Strength Index work ?

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Relative Strength Index – RSI

What is Relative Strength Index ?

Short note on relative strength index: Relative strength index is technical indicator which compares current and historical gains and losses in order to define if the asset’s value is over priced or under priced. Formula for calculating RSI is:

RSI = 100 – 100/(1 + RS*)
RS = Average of x days’ up closes / Average of x days’ down closes
Relative strength index math:
relative strenght equation

Main role of this indicator is to remove noise in price movement representation. High relative strength index success rate we can see in application very often.
Example of GBPUSD chart – RSI indicator is red:
RSI indicator example

what does the relative strength index tell you ? Interval in which RSI ranges is from 0 to 100 and it shows if asset is overvalued or undervalued (relative strength index law). In fact, as the RSI closes to level 70, the asset can be considered overvalued and has a big chance to be overbought. On the other hand, when RSI reaches level 30 the asset is deemed to be oversold. The best way to use this index is as a additional information to other stock-picking tools because using only RSI trader can create false buy and sell signals which can mislead observer.

History of relative strength index

J. Welles Wilder rsi
The relative strength index was developed by J. Welles Wilder and published in a 1978 book, New Concepts in Technical Trading Systems, and in Commodities magazine (now Futures magazine) in the June 1978 issue.It has become one of the most popular oscillator indices.The RSI compares bullish and bearish price momentum plotted against the graph of an asset’s price. Wilder developed Average True Range, the Relative Strength Index (RSI), Average Directional Index, and the Parabolic SAR.

Relative strength index algorithm – How to calculate relative strength index in excel ?

I always get information from MetaTrader. So how to calculate relative strength index using excel manually ? The most simple method we can see in nice post Calculation of RSI using EXCEL.
Idea is to define close price in some time period and than start relative strength index calculation excel :

“Column E” has all closing prices.
“Column F” calculates change in price by subtracting current row from previous row.
If “Column F” value is greater than zero, value will be copied to Column G. If value is less than zero, value will be copied to “Column H”.
“Column I” calculates the average Gain over the specified period, example 14.
“Column J” calculates the average Losses over the specified period, example 14.
“Column K” calculates the value of Relative Strength (RS).
“Column L” calculates the value of Relative Strength Index(RSI).
Please visit website and download relative strength index in excel tool: Download relative strength index formula excel

You can see in this nice video relative strength index example calculation:

How we can trade using this RSI indicator – advantages of using relative strength index ?

How does relative strength index work ? We can use RSI to determine overbought and oversold moment in trading. Below 30 is oversold and above 70 is overbought.There are some rules for traders :
– Market can be oversold or overbought very long time. It is not smart to trade sell orders above 70 and buy orders below 30 without deep analysis.
– Do not buy in oversold market or sell in overbought market without some conformation in your direction (for example some big move, strong bullish or bearish candle etc.)
– The best strategy is – buy or sell after pullback and respect main trend. For example if trend is bullish on daily or H4 chart, price is above 50 RSI in strong bullish direction you can buy if price goes in oversold area on 5 minute or 30 minutes chart. See images below :
gbpusd overbought 30 minute chart
On daily chart we see bearish trend. Next 7 days price will fall 300 pips down :
GBPUSD daily profit

2) We can use RSI indicator to find divergence and predict change of the trend.On image below we can see relative strength index bullish divergence (relative strength index when to buy) :
relative strength index bullish divergence

On this image below we have relative strength index bearish divergence (relative strength index weakness) example:
relative strength index bearish divergence example

Using RSI trend lines we can avoid very often false breakout in trading or Market Has Hit an Extreme.How important are levels 30 and 70 (relative strength index bloomberg example), we can see in nice highest rsi table. In this article we can see opinion “Many technical traders view anything above 70 as a sign that the dollar is overbought and due for a correction.”

3) My favorite way to use RSI – draw trend lines on RSI chart and use for trading !
Traders can draw trend lines below and above RSI line. If price breaks trendline than trend will change. See example :
RSI trendlines
This example shows bullish trend on 30 min chart.I can make buy orders above trendline but if price breaks RSI trendline than trend is changed.Of course on 30 minute chart we can see 25% from ATR bearish trend in price breaks this line (around 20 pips).If price breaks daily trendline RSI that can give few hunderds pips profit.

Questions and answers from email messages:

1) How to find relative strength index indicator in Metatrader ?
RSI is major indicator. It is in indicator section in group oscillators.
how to find relative strength index

2. What is a good relative strength index number
Each number in RSI is “good”. It is just strength index. For example is price is above 70 or below 30 it can be excellent trend which can give more profit in future. Price around 50 can be in range market, but it can be strong trend decline or rise if we have strong divergence in that moment.

3. Should I set RSI settings on different way.Is it better rsi 8 or 14; rsi 7 vs rsi 14 ?
My advice is to use default settings. All major world traders use (mostly) the same settings so they will make decision based on default parameters.Summary, default settings is relative strength index best settings.

4. What are relative strength index disadvantages and what are advantages of using relative strength index ?
The biggest advantage is simplicity, easy reading as we see in chapter how relative strength index works. One of the biggest disadvantage is that rsi is very fast indicator and sometimes we need to wait for higher time frame price close conformation.

What is the difference between metatrader 4 and 5 – mt4 vs. mt5 ?

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Metatrader 4 vs Metatrader 5 – Which One Should You Use?

As it seems the traders are given a choice to make MetaTrader 4 vs. 5 while opening an account. Brokers can also make this decision. It’s up to the individual broker to make a decision for selection between MetaTrader 4 and 5 that must be accessible to traders or should support MetaQoutes terminal platform. Users are having usage experience of MetaTrader 5 (MT5) willing to make use of MetaTrader 4 (MT4). Most of the traders make use of most famous and older one platform known as Mt4, MetaQoutes has stopped introducing variations in their platforms, but has not made criticism or compel brokers to purchase a license for MetaTrader 5. Brokers who are keen of getting the issuance of MT4 License, MetaQOutes clogged the issuance of new MT4 License to those brokers on January 12, 2018, which means that these brokers have to make use of another platform or can accept MetaTrader 5. Decisions can become complex when there is an insufficient provision concerning the server capital for the existing Mt4 License Holders. Having this perspective, let’s make a detailed study of two types of terminal regarding their languages correspondingly.

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mt4 vs. mt5

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MetaTrader 4 vs. 5 deals with the substance of acquaintance, how much simple or easy to use and all MQL languages.
MetaTrader 4 vs 5 (MT$ vs MT5) Languages (MQL4 vs MQL5)
MetaTrader 4 was introduced globally in 2005 whereas MetaTrader 5 released in 2010. Language has similar syntax along with the prominent and major changes in keywords that distinguish both and make hard for an MQL4 file to function in MT5 smoothly and vice-versa of it as it implements the MQL5 and MT4.

MQL4 and MQL5 have many similarities with the programming language, C++. MQL4 has maintained its position or popularity in the industry even after the release of MQL5, which has helped a lot in distinguishing the programming language.
However, this feature makes the MQL4 and MQL5 interesting one and offers a flat contest to everyone because the programming language is such as which requires updates to programming languages like Python or Ruby. Variation in MQL4 and MQL5 give a meaning of going beyond the side of marketing from the MetaQoutes platform which is the major source of the promotion set it and forget it kind of tactics to make a trade with “robots” (Expert Advisors) and custom indicators. This kind of elevation creates hurdles for newcomers who just found out that their MT4 version has been updated or would find that their MT5 version will be updated and they seem like a real victim of the never terminated Software Development Life Cycle.
There will be no updates in MQL4, but there shall be continuous variation in MQL5. It will reduce the hurdles for newcomers who want to enter in MetaTrader 4. It all deals with the game of Relaxed and Comparative Limitations in Competence vs. Stimulating and Vigorous Aptitude.

Pros and Cons of MetaTrader 4 vs. 5 (MQL4 vs. MQL5)

MetaTrader 4

Advantages
There will be no variation regarding updates due to which no need to change or alter the programs comprise of new versions.
Expert Consultants and Indicators are independent to choose a file from the .mq4 file, and the — ex4 file for implementation.
MQL4 is of much benefit as it has seen that many brokers make use of MT4.
It’s pretty easy to code. Expert Advisor can make it is short and make a structure with ease.
Disadvantage
Variation in currency competences.
No circumventing proficiencies.
Overall, it is limited to the skills and capabilities that a terminal maintains.

MetaTrader 5 (MQL5)

Advantages
Language proficiency is improved by bringing some variations.
A rapid change in language syntax with the advancement in terminal technologies is a plus.
Hedging abilities.
Currency variation skills.
More stipend for more complexity.
Disadvantage
In the case of transitioning from MQL4, this is considered as the most difficult and complex language.
Libraries are important.
One expert can handle many libraries and the files attached to it.
Not anything is independent.
Most of the individuals are familiar to MQL4 are now moving towards MQL5 because MQL5 has more features and capabilities that are required at this time concerning the language structure and efficient building structure of programs compel others to learn a complex one as compared to the simpler one that is of no worth.
MQL does not demand a new programmer in mind, but it is a basic object-oriented language.
Languages can vary a little bit in their structure and syntax, of course, it demands to learn things from the very beginning while moving from MQL4 to MQL5. It is an impossible task for those people who try to convert .mp4 file in MetaTrader 5. Conversion tools fail in case of binding the huge divide concerning the code structure between Meta Trader4 and MetaTrader5. This is the matter where the structure of different files .mqh and .mq5 have to be made or sometimes various mq5 files to carry out the same task, but the real code is more vigorous incompetence, more important in backtesting.

MetaQoutes software has given an overview of MetaTrader 5 for almost seven years ago, but some traders exist who prefer to work on MetaTrader 4. There is a contrasting criticism on MT5 by the market contributors who say that MetaTrader is comparable to MT5 in its all functionalities. Then what is the major difference between MT4 and MT5?

Expert Values

MetaTrader basically designed for “over the counter” Forex tools like CFD whole, on the other hand, MetaTrader 5 was made for the stock instrumentation including shares, geographies and some other offshoots.
MetaTrader 5 platform has been made for the index of RTS standard interchange

Standards of opening positions
MT4: hedging – a lot of the transactions can be made by the trader that comes under the umbrella of multidirectional for the same tool and at the same time with the addition of place, one-direction trades. Traders know well about this process because this method involves reducing risks.
MT5: netting – the trader can make a trade of instruments in a single direction while multidirectional positions are not permitted.
A trader is allowed to open an account in MT5 and trade instruments too; except stock unavailability at this account.

Market Depth
MetaTrader 5 delivers market depth with the exchange of instruments that are being traded while from the other perspective MT4 only give a chance or an opportunity to make deals with the resources in ECN system like OTC. Both give an opportunity to traders to make a clear analysis of orders that how much have to deliver and how much have to buy, measure capacities of the gadgets, and deals with two types of trading functions:
Sell/buy instruments with the exchange of money at the spot

Place trading orders – remaining or pending orders to sell/buy a substituting tool at the fixed price
Market depth in MetaTrader 5

Market depth in MetaTrader 5

Market trade seems best to scalpers, traders who desire to perform high but a full risk trading because of market depth boost up the presentation of many people. Experts often make use of some special kind of trading tools for carrying out the processes.
Tester of strategies
MT5 gains multi-tasking and significant tester, who can execute the function by testing a portfolio, which grabs the attention of traders dealing with the standard market equipment. Quotes history can be recovered or downloaded in the terminal.
Testing results appear as a chart
MetaTrader 5 tester is given in MQL Cloud Network with the limitless contribution to make a calculation using tens of thousands of consistent PCs. A trader can only get this function if she/he has installed a special kind of application strategy Tester.

MQL4 vs. MQL5
MQL4 and MQL5 distinguishable from each other on the level of programming language platform. MQL4 is a language (MetaQoutes Language 4) basically used for machines, writings, and pointers used in MetaTrader 4. This language has limited scope as compared to the other languages, as it can be seen that this language is used for basic level calculations or simple commands.
MetaTrader 5 has a major focus on MQL5 language that is brand new, more significant and much closer or similar to the object-oriented C++. The syntax makes programming language easy to operate for developers: a trader can write code or can make changes in it, pointers and vigorous interchange by using MQL5 language under the platform of MetaEditor, as the language gives the countless opportunities.

MetaEditor – multi-tasking editors are available for the development and adjustment of trading robots and pointers
Custom advisor and trading advisors should learn to track the activities of a computer mouse and keyboard pointer, in case interrelating with some peripheral devices a special thanks or homage to the program installed in MQL5 for the event processing. MQL5 official website contains every kind of library, templates and most popular functions that are used frequently.

Conclusion
A time tested platform that is simple to use as compare to others with extra functionalities, basically considered for the Forex equipment, CFDs and some other OTC byproducts.

What is Return on Investment?

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Understanding ROI

 

The financial world is riddled with jargon and a multiple of confusing words. Without the understanding of these, it may be difficult to survive in a world filled with bankers, investors and complexed corporate environments. So, without further delay, here is everything you need to know about Return on Investment (ROI).

Return on Investment is a measure of performance, as it is used to evaluate the efficiency of the investment of interest. It can also be used as a comparative tool, as it provides information about multiple investments in a manner that is easily understood and analyzed. This is achieved through the return on investment formula which gives a quantitative analysis of the amount of return of an investment in relation to its cost.

It provides an easily usable formula that has many practical uses. For example, one is able to compare the Return on Investment from a range of assets that are not generally compared. Therefore, one could compare performance on the stock market with that of a new niche start-up by simply plugging the correct financials into the Return on Investment equation.

 

The Return on Investment Formula example

In order to calculate this, the amount earned is divided by the cost of the investment. The result is expressed as the Return on Investment ratio. Mathematically, the Return on Investment equation goes as follows:

ROI = (earnings from investment – cost of investment) / cost of investment

Sample return of investment: Next, one needs to consider how to practically calculate a Return on Investment. To this end, a return on investment example should suffice: John invested $1000 in Nice Shoe Inc in 2010. Today, he wishes to sell those shares and he sells them for a total of $1400. If he wanted to know his return on investment, John would first have to calculate his profits. This is done by subtracting costs of investments from the cost of investment: $1400 – $1000 = $400. Next, the profit must be divided in order to get the return on investment $400/$1000 = 40%. Therefore, John’s return on investment is 40%.
These equations may be made much simpler with the use of online return on investment calculators. This can make life simpler when comparing multiple investment opportunities at the same time, allowing for a simpler path to seeing the opportunity costs associated with a respective business path.

Return on Investment calculator:

How to calculate rate of return on investment in excel ?

We can calculate return on investment in excel sheet if we put equation as formula. You can download return on investment (roi) excel template.

 

Analysing the Results


Generally, any value that comes out of the Return on Investment equation as positive is considered a good return. An importance remains, nonetheless, on evaluating all options so that the investment chosen outweighs its associated opportunity cost. The opportunity cost is defined as the next best option that is forgone with the purchase of any good, service, or asset.
Consider this: John (from the example earlier) had the opportunity of purchasing shares in Nice Shirts Inc. For the same $1000 in investment, his Return on Investment would have equated 50% over the same time period. Therefore, John’s opportunity cost was greater than the profit he made buying shares in Nice Shoes Inc.
From this, one can see that opportunity cost plays an important role in decision-making. A comprehensive Return of Investment analysis may help dramatically in aid of this because, as stated in earlier, the equation provides a good basis for numerical comparison.

 

Return on Investment vs Return of Investment


 

Whilst doing these calculations, it is important to keep in mind that a return on investment does not necessarily mean a return of investment. Return on investment is speculative; Return of Investment is definite – cold, hard cash in your hands. The end goal of any investor must be to achieve Return of Investment

 

Limitations of the Return on Investment Analysis


 

Return on Investment is a profitability ratio. This means it is supposed to be an aid in the decision making of any investment opportunity. However, so that it can play a proper role in that situation, it is critical to establish that it does have limits. The equation does not take into account the time between the initial investment and the profit received. So, it may put investments that have different Rates of Return in the same category.
For example, the Return on Investment equation will say two 20% Returns on Investments are exactly the same. Even though the first investment may have achieved this in 6 months and the second in 2 years. Therefore, the Return on Investment analysis is not sufficient on its own and must be used alongside other crucial profitability measures. Such measures provide a better basis with which to make an investment decision. An example of such calculations would include the Net Present Value (NPV) and the Internal Rate of Return (IRR). These are not comprehensive and further research is suggested before making any critical decisions.
Furthermore, the Return of Investment analysis only provides historical data. This means that it cannot be a predictor of what an investment may do in the future. Although, certain implications may be drawn from this.

Criticisms of evaluating performance based on ROI include:
– Reject investment opportunities that are profitable for the company but have a negative impact on a manager’s ROI.
– Be put in charge of a business segment that includes committed costs over which a manager has no control.
– Take actions that increase ROI in the short-run at the expense of long-term performance.

Questions and answers:

 

Why is return on investment (roi) the most commonly used financial performance measure?

In every country, ROI is the most commonly used financial performance measure. Return on investment calculation allows managers of one organization to compare performance with that of other organizations.In order to increase return on investment (ROI), the company must increase sales, and/or decrease operating expenses or increase or increase unit sales.

What is good return on investment ?

What is considered a good return on investment is hard to tell. Each industry has its own average ROI. For example marketing and advertising for every $1 invested will bring you at least $2. On other side real estate and stocks can bring you cumulative high amount of profit but ROI is much smaller. See image below:
What is good return on investment

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Which investment offers the best combination of low risk and high return?


Investments like preferred stocks, utility stock, fixed annuities, brokered cds, offers the best combination of low risk and high return.
Stocks are typically high risk and high return, while bonds (especially government-secured bonds) are low risk and low return.

 

If the average return on investment is the same why buy mutual funds instead of stocks?

No. Stocks are typically high risk and high return and as an investment, bonds are less risky than stocks but generally have a lower rate of return. On the other side, one of the benefits of mutual funds is that their diversification reduces risk. Answer is : both can be risky, but average stocks investing is risky than average mutual fund investment. Most mutual funds are able to achieve a 5-7% ROI annually.

 

What is return on investment for stocks ?


As same as we calculate ROI for any other business, ROI = (gain from investment – cost of investment) / cost of investment.

 

How to Calculate an Annual Return With Stock Prices


 

Simple Return = (Current Price-Purchase Price) / Purchase Price
Annual Return = (Simple Return +1) ^ (1 / Years Held)-1

or if you have dividend:

Simple Dividend-Adjusted Return = (Current Stock Price-Dividend-Adjusted Stock Purchase Price) / Dividend-Adjusted Stock Purchase Price
Annual Dividend-Adjusted Return = (Simple Dividend-Adjusted Return +1) ^ (1 / Years Held)-1

 

Why is marketing return on investment so difficult to measure?


It can be quite difficult to measure marketing ROI, because marketing efforts usually result to intangible benefits for employees and customers.

 

What are the concepts of return on investment and risk ?


This question we have when we talk about investing and ROI. Risk increases if loss exceeds amount invested even if loss probability remains unchanged. SO higher risk corresponds to higher returns and lower risk corresponds to lower returns. Return on investment can not be only thing that we are looking for when we invest our money. Roi and risk we need to study together.

 

The Future for ROI


 

Recent times have seen the advent of the Social Return on Investments, a measurement system that takes into account the Triple Bottom Line: social environmental and economic factors. SROI helps the management of companies understand the scope of their decisions in a broader sense than just monetary policy.

Why Return on Investment Matters


Return on Investment calculations is important, as they show how your money is producing a profit. It does this in a manner that is able to show both the efficiency and the magnitude of the respective asset. Moreover, the Return on Investment analysis can act as an alarm bell, as negative products of the equation should see the immediate withdrawal of capital from the investment.
However, it must be remembered that ROI is easily manipulated and does not take into account certain crucial factors, time being an example. Despite this, it remains a critical weapon in the armory of the investor. A Return on Investment Analysis should form the foundation of any well-considered investment.

George Soros Biography

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Introduction – George Soros Bio
George Soros quotes:
My success in the financial markets has given me a greater degree of independence than most other people
george soros
George Soros was born in the year 1930, August 12 in Budapest, Hungary. Soros is an American-Hungarian author, political activist, philanthropist, business magnate and investor. He is among the most successful investors in the world. He had a network of $7.6 billion as of 2017 February after donating $17 billion to the Open Society Foundations, his philanthropic agency. George Soros Net worth was $25.2 billion as of Mar 22, 2017. In 2018., George Soros net worth is 8 billion USD.
George Soros became popular in the year 1992, during the time that he made $10 billion from one bet that was against the British pound. The speculation of the currency gave the investor profits that added up to $1 billion in the first day and more than $2 billion afterward. He even was given the “the man that broke the Back of England” nickname.


Main facts:
Father:Tivadar Schwartz
Mother: Erzebet Szucz
Brother: Paul
Ex-spouse: Annaliese Witschak and Susan Weber
George Soros children are: Alexander, Andrea, Gregory, Jonathan, Robert
George Soros is married to Tamiko Bolton, who’s 42 years younger than him from 2018.
Where is George Soros ? – He lives in New York, Katonah, USA

Education and Career
How did George Soros make his money?

He attended the School of Economics in London where he earned a bachelor of science in philosophy and Master of Science in philosophy in the years 1951 and 1954 respectively (“George Soros,” 2018). Soros could not find any jobs after he graduated and therefore he decided to settle for employment as a traveling salesman for wholesaler f of fancy gods that sold to retailers in the resort’s seaside. The individual described this moment as one of the lowest in his life. He wrote interview letters too many banks that ignored him and also humiliated him in the process of the interview (Soros, 2010). He worked as a clear at Singer and Friedlander, a bank in London. He also employed as an arbitrage trader in the years 1956 to 1969 at F.M Mayer. Here he was specializing in European stocks that were popular with the United States investors because of the formation of steel community that later transformed to the common market. Thereafter, he worked in an investment bank in the place. He later left for the US in the year 1956 where he was employed as an investment manager and an analyst for various firms.


Soros’s Philosophy of Investment
George Soros had an ability to synchronize world economic trend with leveraged and highly detailed strategy in currencies and bonds. He operated as a speculator shortly and was able to make bets on the trends of financial markets. He had a belief that the financial markets tended to depend on the amateur and professional traders and the people that purchase or sell assets on the market. Soros aimed at capitalizing on the emotional or human capacity of the influencers of the market to transform the investment decisions and opinions of others . The man was always looking for a way to stand out or be unique from the crowd as much as followed investment trends. This was one of the greatest paydays. He trusted his reaction regarding busing and selling and this made his strategy hard to emulate.

How did George Soros make his money ?
He left work in 1073 to look for his personal hedge fund, the Soros Management Fund. The fund turned to the Quantum Fund and eventually Soros was able to develop the company to a highly successful and aggressive hedge fund which made annual returns of 30% annually. There are two occasions when the fund posted profits that exceeded 100%. In the early 1990s, Soros was declared among the richest individuals on earth.

Market and Major Trades
Soros was contacted by Georges Pebereau a financier in France in the year 1988 that wanted him to take part in an effort of assembling a team of investors to buy a big number of shares in a French bank which was part of a program of privatization. Soros, however, decided not to participate in the effort and opted to move forward personally with the strategy of putting shares in four companies in France which included Paribas, Suez, and Societe Generale. In the year 1989, a French regulatory authority of stock exchange performed an investigation to know if the transaction of Soros in Societe Generale was inside trading. Soros got no information from the company and had no information of the business insider but he knew that there was a group of investors which was planning a takeover . The first investigation proved that Soros was innocent and there were no charges against him. The case was later reopened after a few years and he was convicted in the year 2006 by the French Supreme court. Soros, however, declined the charges and said that the takeover news was public knowledge and the document said that the intent of the individual to have the company shares showed that he was aware of the takeover.
George Soros Versus the British Pound – How Did George Soros Get Rich in one day ?
How did George Soros break the Bank of England?
Soros is remembered by the “the man that broke the Back of England” nickname. He is also a known speculator of currency and does not limit his efforts to a specific area geographically but considers the whole world when looking for opportunities. The man borrowed billions of dollars in the year 192 which were worth British pound then changed them to German Marks. When the pound crashed, George Soros had to repay his lenders on the basis of the lower new pound value. He pocketed an excess of around $1 billion that is the difference between the pound value and the mark value in a one-day trading
George Soros made the same move with the Asian currency during the Asian Financial Crisis of the year 1997. He took part in a frenzy which led to the collapse of the Thailand currency. The trades became so effective since those national currencies that speculators bet against mostly got pegged to other currencies. This means that there were agreements to prop up those currencies to ensure that they were able to trade in a particular ratio against that currency which they got pegged.
As the speculators placed bets, the issuers of currency got forced to try and maintain the ratio by purchasing their currency on the open market. The government later ran out of money and was pushed to abandon the effort and this made the value of the currency to plummet. The governments feared that George Soros would start having an interest in their currency. When he did, the other speculators could ion in the fray, this was described as a group of wolves on a group of elk (“George Soros,” 2018). The big amounts of money that those speculators borrowed and leveraged made it hard for the governments to handle the assault or withstand it.
Despite the success of George Soros, it is not every Bet that he placed worked in his favor. For instance, in the year 1988, he made a prediction that the markets of the United States would rise continuously. His fund, as a result, lost $300 million in the crash process even though there were lower double digits delivered returns that year. In 1999, Soros also took a hit of $2 billion in the Russian debt crisis and lost $750 million during a technology bubble where he placed a decline bet (“Investopedia, n.d.”). He was stung by this loss and as a result, bought anticipation big in of a rise and lost about $2.9 million when the market crashed finally.
Soros’s family office has trimmed the stake in the Broadband Corp. during the first quarter, the management fund holdings of Broadband Corp reduced by seventy-four thousand shares to around 8000 million. The filing also shows the disclosed Soros’s stake of around 22 million in Vice Properties Inc. which the second biggest holding of the firm. George Soros also increased the stake by 330, 00 in Aetna and made the holdings of Baxter International by around 340,000 shares.
According to the recent news, the billionaire is weighing moves into cryptocurrencies. A member of the of office family got an internal permission to trade on cryptocurrencies which is an asset that several money managers avoid because of the track record of the sector which is limited and lack of volatility and regulation. The Soros Management Fund head of macro investing, Adam Fisher got the approval but has not made any bets yet on cryptocurrencies. The green light of the fund for cryptocurrencies came after the Bitcoin price that has served as a signal to several other cryptocurrencies. Recently, regulators have begun paying special attention to cryptocurrencies and this has scared investors off (“George Soros,” 2018). The interest in bitcoin is beginning to wan with the amounts of searches falling slowly since the start of this year.
If you interested what stocks does george soros own you can see his portfolio in details.
Where does George Soros live now

George Soros is Founder/Co-Founder of Quantum Fund . He lives in large estate, located in the Bedford Hills suburb of New York, Katonah, USA.

Interesting facts:

One of the famous youtube videos is George Soros 60 minutes interview.
George Soros interview :

Conclusion
Trading like Soros is not for those with a light wallet or the faint-hearted. The drawbacks of the winning big and betting big is that betting big means losing big. If one cannot afford the loss, then definitely they can’t afford to resemble George Soros. While the macro hedge traders are the quite types and avoid spotlight as they earn a fortune, George Soros is taking and has been taking public stances on several political and economic issues. His success as a speculator and public stance has put Soros in a unique personal class. During a period of more than four decades, he made the correct moves almost every time and generated a large number of fans among investors and traders and detractors among the ones on the other end of losing for his speculative activities.

QUESTIONS AND ANSWERS from comments:

  1. How old is George Soros ?

He was born 1930. George Soros is 88 years old.

2. Who is George Soros spouse ?

Tamiko Bolton is George Soros’ third wife.

3. What is official George Soros twitter account ?
George Soros Twitter account is : https://twitter.com/georgesoros

3. What religion is George Soros ?
As we can see in interview, George Soros is atheists he doesn’t believe In God.

4. Did George Soros Say His Life’s Mission Is to Destroy the United States?
No. George Soros didn’t say this. Claim (fake George Soros newsweek 1979) “I’ve made my life’s mission to destroy the United States. I hate this country and I hate all of the people in it.” is false news. David Emery, is excellent San Francisco-based writer and he wrote several articles about fake news related to Soros.

5. Is George Soros ‘Grooming’ a Pro-Muslim Brotherhood Gubernatorial Candidate in Michigan?
Another fake news about Abdul el-Sayed George Soros relationship.

6. Is Chelsea Clinton Married to George Soros’ Nephew Marc Mezvinsky?
Another fake news. Based on Snopes.com , Baio didn’t provide any evidence that Marc Mezvinsky, Chelsea Clinton’s husband, was related in any way to George Soros.

7. Are 16 States Using Voting Machines from a ‘Soros-Controlled Company’?
George Soros voting machines were another fake news in media last several years. George Soros has no hand in the management or ownership of Smartmatic.

Prohibited by FIFO rule – close trade in Mt4 – problem fixed

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What does prohibited by fifo rule in mt4 mean ?
Sometimes when you try to close a trade in Metatrader platfrom you will get this error message in journal tab : “Prohibited by FIFO rule”. Using Mt4 platform as FXCM for example, you can see this problem very often especially if you are frequent trader.

Cause :

First In First Out simply means that when you have multiple positions in the same currency pair, the position which was first opened will be the first to be closed. This execution process is the common practice in the US equities and futures markets.


sort mt4 postions by timeHow to close a trade and fix problem :

Step 1 : Sort trades by opening time.
step 2 : See oldest position
Step 3: Close the oldest position and than the second opened position, etc.

If you want to avoid this problem pick Mt4 brokers platform which alow hedging (hedging is not prohibited) and platforms which do not have FIFO rule. Accounts without FIFO rule you can find at non USA brokers. For example, I had fxcm prohibited by fifo rule problem few yars ago and I fixed using this strategy.

HotForex Review – HotForex Forex Broker Bonus

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Special offer :

This forex broker offers 100% rescue bonus.
Hotforex offers 100% forex bonus. Full bonus amount withdrawal is possible under the right conditions. Using this bonus all live customers will get protection from Margin Calls and protection Stop Outs during Draw down periods.One of the new promotions is Increased Leverage for live accounts.

Traders outside EU can claim bonus:

100% SuperCharged Bonus

European clients cannot receive Bonuses and apply for the PAMM account.

HotForex Tight Spread

HotForex Review – HotForex Forex Broker Bonus
HotForex Broker Review
HotForex is a worldwide provider of online trading services, providing better service to all types of traders.
This Forex broker offers a 100% credit bonus, as well 30% rescue bonus.

Can we trust Hotforex – is it hotforex scam ?
HotForex is a global company that has its headquarters in Europe but it has sub-branches. It specializes in the provision of online forex services as well as contract for differences (CFDs), and it mainly deals with trade for commodities, bonds, cryptocurrencies such as Bitcoin, exchange traded funds and equities. This company has managed to have a lot of clients since the number of people who have live accounts with this company are more than 500,000. In addition, the company has over 200 employees in the whole world or in the counties where it has branches. The company has also managed to emerge winners of more than 200 industry awards since the day it was founded. It supports more than more 27 languages.
Hotforex has high reputation. HF Markets (SV) Ltd is registered in St. Vincent & the Grenadine as an International Broker Company with the registration number 22747 IBC 2015.This broker has more than 20 prizes and awards as one of the top brokers in the world.
Contact :
Business Addresses
HF Markets (SV) Ltd.
Suite 305,
Griffith Corporate Centre,
P.O. Box 1510, Beachmont
Kingstown,
St. Vincent and the Grenadines

Regulations and the security of funds.
HotForex Security

Since the company is a retail broker, it has managed to offer trading conditions that are very attractive. This firm has allowed the clients to trade a wider range of instruments such as forex, spot metals and CFDs on indices, commodities and shares of popular companies such as Facebook, Apple and Google as well. This brand operates in different jurisdictions but the most reliable one is found in Europe, and its headquarters are in Cyprus, and it is registered under the European Union. Cyprus Securities and Exchange Commission is the body that has licensed this body. Its success has been contributed by tight and well-balanced regulation. Cyprus is a country with tough regulations, and firms that want to invest in this country have to consider high entry capital requirements as well as well as low capital maximum leverage. This has reduced competition from other potential firms. In addition, these firms are required to keep customer funds in segregated accounts, and they should not be mixed the company’s operating funds. This makes sure that customers’ funds are safe. In addition, companies that are regulated by Cyprus Securities and Exchange Commission have to be members of a body known as Investors Compensation Funds, and this body have the capability to pay up to 20,000 euros in case the company fails to. This firm has been given the authority to operate in South Africa and in Mauritius, and it hold investment licenses from these two countries.

HotForex Reliability

According to a big number of traders, brokers’ reliability is their biggest worry and concern. The worry is connected with the fact that there are a lot of online scam traders, and they cannot imagine losing their hard-earned money. A big number of traders are often care when investing with an online broker or platform. However, being reliable is not a concern for traders. This is by taking into consideration that the number of years this company has been in existence. In addition, it has managed to establish a good and respected reputation the online trading community. Winning more than 20 industry awards is an enough prove that this company has been performing well, and customers have a great faith in it, and they would like to invest with it. In addition, the company has managed to succeed in Cyprus, a country that has very tough and strict rules about investment. The company has more than 200 employees, and this also proves that the firm is ready to perform according to the expectations of the customers. Language is not a barrier since this company supports more than 27 languages, and this means that different traders can be served despite their language.

Trading Platform of Hotforex

This company has been supporting metatrade4 (download hotforex mt4 platform), which is a known international acclaimed trading terminal, and it offers a full spectrum of tools and resources of trading. It consists of; technical indicators that are built in, charting package that is advanced, expert advisors (EA) as well as their extensive back-testing options. On EAs, traders have two options. They can either download the ones that are readymade or create theirs, where program is allowed to do make perform all the duties in creating expert advisors, meaning that that there is no human involved in this. Traders who have invested with HotForex can access MT4 via a mobile app, a desktop app or a browser. In addition, this company provides traders with MT4 multi-terminal, thus providing a practical and convenient ways of managing several accounts simultaneously from a single interface. Since the company has the technique that allows traders to manage several accounts, it is an enough convenience guarantee, since they will not be logging in and out when managing different accounts.

HotForex MT4 Terminal provides a number of amazing logical resources. 9 time frames are available for each economical device that provides specific research of price characteristics.

Trading tools of HotForex
In this Hotforex Review we will present some interesting trading tools:

Premium Tools
HotForex provides many trading resources to select from:

Fibonacci Calculator: Fibonacci calculator will help you to produce four basic Fibonacci retracement values.

Pivot Points Calculator: This calculator is used to produce rotate details in four different techniques for you in a few seconds.

Pip Value calculator: This calculator can be used to find the cost of a single pip for any Forex deal. Use this free Forex device to figure out and plan your orders placed when working with many unique money sets.

Position size calculator: This lets you figure out the dimensions in units and to effectively manage your trading business.

Risk and Reward Calculator: This calculator will help you to figure out the best objectives and their particular reward-to-risk rates based on the Fibonacci retracements. It’s a highly effective device to figure out the hazards before coming into any trade. [Read more…]

IronFX Review

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IronFX Review

IronFX began in 2010 by a team of experienced forex experts and software specialists who wanted to create the best and highly innovative experience in online trading by providing bespoke trading ambience with the trading functionality of a single account and 10 platforms. There are more than 400 employees in the company. It has offices in around 22 cities all over the world. IronFx got the award of Best FX Newcomer 2011 from the World Finance magazine. Identified by the LSE or London Stock Exchange, the broker is the frontrunner for exercising the best practices in the business of competitive brokerage. Whilst providing aid in more than 30 languages ironFX functions institutional and retail clients out of across 180 nations in Africa, Asia, the Middle East, Europe and Latin America.

IronFX profile:

The Company complies fully with the Financial Instruments Directive or MiFID which is meant for the European Markets. It is authorized under and regulated by the ASIC (AFSL no.417482), CySEC (Licence no.125/10), FSCA (FSP No. 45276) and FCA (Registration No 585561).
IronFX advantages are:
VPS Hosting
IronFX Blog
Fractional Pip Pricing
Swap free accounts
News trading allowed
Protection of negative balance
Fully regulated & authorized
You can use Expert Advisors
IronFX Card is accepted globally
Micro accounts can go up to $10000
Immediate withdrawal and funding
Immediate execution without slippage
No commissions on spot trading
Total protection of clients’ funds
Single account, 200 instruments and 10 platforms
Unparalleled market execution without re-quotes
Multiple language trading, live chat and account support
Account rebates and variable spreads to the retail customers
A dedicated account manager is available in 30 languages for trading accounts that exceed $2500
Risk control and leverage with the special Client Portal
Exclusive client account, market commentary, analytical tools in house and market updates
Multiple currency platforms in 8 of the base currencies such as AUD, JPY, CHF, EUR, GBP, USD, HUF and PLN.
IronFX offers banking as well as treasury services through BAML or Bank of America Merrill Lynch, Raiffeisen, UBS, BNP Paribas and other high grade financial institutions to clients. These banks are totally independent and don’t sponsor or come in the way of the obligations IronFX has to their customers.
IronFX Trading platform:
For investing accessibility, IronFX has given their customers with different variants of this proven MetaTrader 4 (MT4) buying and selling platforms. Because it’s widely embraced by agents from all around the entire environment, the edition of the system is thought of as the standard dealing platform. Its prevalence is thanks to how the stage can be exceptionally user friendly plus also has a vast selection of buying and selling applications. Its attributes include:
* Action reports
* Advanced level charting bundle
* Time information
* Actual time value tag feeds
* Assist for Pros Advisors (EAs)
* Support for various arrangement types
* Broad assortment of integrated specialized indicators
It needs to be noticed the MT4 system can be readily accessible as an internet based dealing platform that dealers may get with their web browser. For currency supervisors, IronFX in addition has offered the MT4 Private Multi-Account conduit (PMAM) system. Currency managers may afford in addition to trade dealing account that are a few concurrently. A number of this PMAM platform’s characteristics Include Things like:
* Action Reports
* Information feeds
* Price packs
* Handle balances
* Click Dealing
* Online Portfolio direction and prices
* Support funds

IronFX traders can use 10 main kinds of trading platforms.
1) WebTrader IronFX
Developed in house, IronFX WebTrader is web based and does not necessitate software installation or downloading. You can access the financial services through an online interface.
2) MetaTrader 4
Traders looking for a complete collection of trading tools will get the platform of MetaTrader 4 for adjusting to their trading requirements. The Client MT4 Terminal of IronFX allows instant access to traders to the market indicators, tech analysis tools and use of EAs or expert advisors. The demo platform of the website is based also on the MetaTrader 4 platform.

3) Personal Multi-Account Manager or PMAM
PMAM the trading platform is one which is suited to traders who are keen to have the tools required to integrate the trading using their master account.

4) MultiTerminal
The MultiTerminal is meant for traders for managing several accounts using one screen.

5) Mobile Trades for Mobile Devices and Cell Phones
IronFx offers trading support for the devices below:
Blackberry
iPhone
iPad
Smartphones
PDA
IronFX Reliability
They’ve created a standing to be a true broker, ironFX Reliability Considering that IronFX began their own surgeries this year. It is perhaps not shocking to know they are serving more than one million customers. The simple fact which they’re governed in authorities functions to boost their faith variable because the agent is obliged to stick to along with economic services business best methods in how that they manage their customers’ capital.
Along with a broker of CySEC and also this UK’s FCA, investors’ capitals are shielded beneath the Financial Services Compensation Scheme at Cyprus. Except the amount of reimbursement will be 20,000 euros to the strategy, investors have been insured up to and including maximum number of 50,000 pounds. IronFX united kingdom has its customers’ money coverage by free of additional cost supplying coverage in addition to FSCS insurance policy pay as well as at the overall quantity of £1,000,000 for each client at the case of its own default option.
IronFX Account Types
Regarding the Kinds of Buying and Selling are just few classes out there.
The Micro Account
100 USD minimum deposit
Micro a lot
Variable or Set spread
Committed Account Supervisor
The Premium Account
2500 USD minimum deposit
Variable or Set spread
Committed Account Supervisor
Dealing section Hot-line
The VIP Account
Minimum deposit of $20,000
Variable or Set spread
Committed Account Supervisor
Dealing section Hot-line
The STP/ECN Accounts
Minimum deposit of $500
Spreads from as much as twice pips
STP Zero Pass on along with also STP No Commission accounts
Micro a lot
The Zero Fixed Spread Account
Minimum deposit of $500
Micro a lot
Committed Account Supervisor
Very Minimal commissions each lot
But for the above Mentioned Accounts, IronFX has presented 4 different kinds of reports for both degree customers.
Affiliate Account
Managed Accounts
Business Account
Affiliate plus Account
IronFX Commissions & Spreads
There is the option of changeable spreads or spreads. This table displays typical and minimum factor spreads which traders in IronFX may like.
Instrument Spreads in pips (Typical Spreads)
AUD/CAD 5.7 (6)
CAD/CHF 6 (6.8)
AUD/JPY 4 (4.1)
EUR/AUD 5 (5.2)
EUR/CAD 5.2 (5.2)
EUR/CHF 1 (2.2)
EUR/GBP 0.9 (1)
EUR/USD 0.7 (1.2)
USD/CHF 1.3 (1.4)
USD/JPY 0.4 (0.9)

Offers and Bonuses

A welcome trade bonus of 50% is available of up to an amount of $9000 and on subsequent deposits about $4000.
Cash Rebates: Rebates of $3 are available on all lots for the clients. The account holders of the Cash Rebate option can access all the trading instruments and tools which are provided by the platform and this includes CFDs on Shares, Spot Metals, Commodities and forex. Premium and micro account elements are applicable depending on the deposit amount of the investor. The pertinent terms and conditions apply for both offers.
Withdrawal and Deposit Options
These can be done through debit and credit cards, bank transfers, Neteller, GiroPay, Skrill, Webmoney, Sofort, Qiwi, Yandex Money, ePay, Wire Transfer, Ecommpay, Safecharge and Dotpay. No withdrawal and deposit fees are applied by IronFx.
Registering with the website is something that can be completed in 3 steps. You can face a customized trading environment and award winning trade execution with the best spreads in the financial market on over 200 trading instruments beginning with simply no pips.
Acquire rapid access to the trade with 10 trading platforms in the market and these are among the best names around. These are the MT5 Trader for Mac and PC, IronFX MT4, IronFX PMAM or Personal Multi-Account Manager, IronFX MultiTerminal, and social trading platform which is web based.
Account Options
Broker Type: ECN
Account Currencies: JPY, PLN, GBP, EUR, USD, AUD, BTC, ADA
Minimum Deposit: $100
Majors Spread:
EUR/USD: 1.2
GBP/USD: 1.3
USD/JPY: 0.9
Maximum Leverage: 1:1000
Minimum Trade Size: 0.01 = 1000
Scalping: Yes
Hedging: Yes
Free Demo Account: Yes
Demo Account Expiration: No
Traders From USA: Not available
Islamic Account: Yes

Client Support
A devoted multilingual customer support system is provided round the clock through the week via phone call, email and live chat. IronFx on the whole can additionally expand their clientele since they have set fresh frontiers in estimating the way a forex broker must operate. Registered under reputed regulatory bodies, IronFx have demonstrated that they can do a lot to ensure the traders’ mental peace. This matter is something that the major operators have overlooked.
IronFX Q&A
Can Be IronFX?
Certainly. IronFX Is Just really a controlled Broker in 4 authorities, UK, Cyprus, Australia and also South Africa. Back in Cyprus, the system responsible for supervision will be CySEC. For both Australia and UK will be ASIC and the FCA. For Southafrica, the Southern African Financial Services Board regulates IronFX.
Does IronFX generate dollars?
IronFX earns cash A transaction is executed by their dealers that a spreads and spreads whenever that their dealers.
To deposit IronFX accounts?
To deposit cash Accounts perform a bank transfer or e-wallets.
How to draw dollars?
Withdrawals of capital have been Implemented by charge cards, bank wire transport or chosen E Wallets.
You can start a free account?
To start a trading accounts in IronFX fill out the enrollment form submit an application. Please be aware that buying and selling isn’t achievable after the accounts was authorized and financed.
Can Be IronFX dependable?
IronFX is a trusted broker because it’s governed in various businesses. Additionally, the agent follows the best practices with respect.
Can MetaTrader is used by ironFX?
Certainly, IronFX Works by using the MetaTrader 4 buying and selling system. But for the variant, the MT4 system is readily accessible as an internet based system and also a trading program that is portable.
Can Be IronFX a fraud protected is IronFX?
IronFX is protected platform. The agent employs SSL technologies to guard the integrity in their customers’ personal and data info.
Summary
IronFX includes been around because 2010, also has since been able to generate a standing Currency trading agents round. The caliber of bonuses and services are worth assessing to anybody who’s searching for a broker.

IronFX Token- What is it all about?

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IronFX Trading Cryptocurrencies
As mentioned earlier, IronFX majorly is known for the trading of cryptocurrencies. They include Bitcoin, Ethereum, Litecoin, and Ripple. Trading with IronFX allows a trader to speculate on the upside or the downside movement. They allow a trader to trade of Ethereum and Bitcoin without the need for a required Digital Currency wallet. The wallet is required in conventional cryptocurrency transactions. Their high-caliber trading conditions, low spreads and commissions, low margin requirements and very minimal orders, allow a trader to trade even between cryptocurrencies and actual currencies, like the US Dollar, the Euro, and the Japanese Yen. This is essentially enabled by their cutting-edge technology, user-friendly trading platforms, and 24/5 multi-lingual and personalized customer service support.
In mid-2018, it was announced that IronFX Group and EmurgoHK Group, would collaborate, to operate a cryptocurrency exchange. EmurgoHK is a Hong Kong-based company, responsible for the Cardano Blockchain and the ADA Coin. The collaboration bore a new crypto, known as IronX Exchange. It will be a service-focused and regulated exchange, aimed at facilitating funding through cryptocurrencies. The partnership also combines the EmurgoHK’s blockchain, with the existing IronFX operational processes, practices, and solutions.

What the IronX Exchange Will Do
The IronX Exchange will provide a broker with several company functions that include payments, account management, banking, back-office and risk management solutions. In moving to the IronFX’s platform, the IronX Exchange platform will help clients in using their digital assets and crypto accounts. This move is aimed at attracting traders who are interested in switching from traditional asset classes to cryptocurrencies. The IronX Exchange platform will also address key issues faced by investors and traders in the cryptocurrencies industry, all over the world. In announcing the merger, the heads of both companies said they cannot wait for the launch of the IronX trading platform.

The IRX Tokens
Also, in an ‘Invitation only’ move, the IronX Exchange will launch IRX tokens, which are private tokens to be used further in the platform. The pre-sale of the private IRX tokens commenced on June 4th, 2018 and will see 200 million tokens offered at $0.33 per token. Their total is 500 million tokens. Holders of IRX coins are expected to benefit in several ways. First off, they will be eligible for further incentives and services. They will also enjoy discounts when opening trading accounts with the IronFX Group. The success of the private IRX Tokens can be generated from the success of the IronX Exchange.
The IronX Exchange is a joint venture, between two globally-leading companies, in the trading business. IronFX Group is one of the world’s best online trading broker, whereas EmurgoHK is a blockchain pioneer, bosting with the creation of the Cardano Blockchain and the ADA Coin. IronFX is highly experienced, has a strong customer base, has a worldwide standing, is multi-award-winning, and has a global regulatory framework. The EmurgoHK Group, on the other hand, brings in the pioneering blockchain experience. A product between these two giants should deliver so much to the traders. In the same spirit, the IRX Tokens should also be a success in the future of the IronX Exchange.
The IronX Exchange should focus on providing top-class services to clients and traders. It should be a safe and strong framework, borrowing some expertise from the IronFX Group. Finally, it should bridge the gap between the traditional online trading practices with the new crypto styles, for the clients, in a very easy and costless manner. This is through the strengths that each company brings to the table.
Overview
IronFX is a financial brokerage firm, that provides access to the retail foreign exchange markets. It is an award-winning global leader in online trading services, with customers from over 150 countries, in Asia, Africa, Europe, the Middle East and Latin America. According to their website, they provide round-the-clock coverage, with their accomplished global client coverage teams. To their clients, they provide daily market news and insights, for them to get the best information and data, to make informed trading decisions. Up to this point, IronFX has been known for trading majorly, in cryptocurrencies.
The IronFX Group was founded in Limassol, Cyprus, in 2010. IronFX is regulated by different entities, including the United Kingdom’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprian Securities and Exchange Commission (CySEC) and the South African Financial Services Board (FSB). In 2015, the company voluntarily left four other regulations, being, the Russian Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN), the German Federal Financial Supervisory Authority (BaFin), the Italian Commissione Nazionale per le Società e la Borsa, and the Financial Service Providers Register of New Zealand. At the same time, IronFX announced the closure of offices in, among others, Russia, Nigeria, and China.

IronFX Forex Trading
The IronFX Group is also known for the trade of more than 200 forex, spot metals, and CFD instruments. The company is a giant in these fronts, with operations in more than 150 countries, across almost all continents, in multiple languages. The country has bases, established in the over 60 offices set up across the world. Traders enjoy powerful trading platforms, and executions, thanks to the customer-centered business model of the Group.
Depending on the account type a trader chooses to use, there are different spreads and commissions. The company earns from these spreads, that are added to the price quotes. The currency being traded also determines the spreads that will be applied. The company has several trading accounts for the very different needs of each trader. They have:

a. Micro Accounts: For traders who can only manage to make deposits of $2,500 or less;
b. Premium Trading Accounts: For traders who can manage to deposit over $2,500. They have access to additional features, dedicated account managers, and lesser spreads;
c. Business Trading Accounts: These are for the businesses interested in the markets. They have the choice, to choose from a Corporate Account, Institutional Account or a Trust Account;
d. Cash Rebate Accounts: That can help a trader, earn cash rebates, on their trades;
e. STP/ECN Accounts: They provide a trader with the direct market access, for better prices and trade executions.
The spreads offered by IronFX Group are considered to be among the lowest in the industry. For the average spreads of each account and/or trader, more details are posted on the IronFX’s website. Before making a deposit to any broker, it is advisable for a trader to visit the website and perform a full comparison of the spreads.

Trading Software
Traders using the IronFX trading platforms have a choice of up to five trading software to choose from. These are:
a. MetaTrader 4: This is one of the most popular trading platforms in the industry. IronFX has integrated with the platform, to enable traders get a desirable trading tool, full of charts, indicators, and other trading essentials. Their IronFX Client MT4 Terminal, lets the traders enjoy trading using market indicators, comprehensive range of technical analysis and a team of expert advisors, in the profitable trading business.
b. IronFX WebTrader: This is an in-house IronFX production, developed so that traders get access to the brokers and their full line of financial services, through the web. It works on a browser and therefore does not require you to download and/or install any other trading software.
c. IronFX Personal Multi-Account Manager: The PMAM is a special trading software, for traders who want to diversify their range of trading rooms, all integrated into a single master account.
d. IronFX Mobile Trader: This is a software designed for on-the-go traders. The IronFX Mobile Trader gives a trader, access to his or her accounts, as well as the power to manage and/or execute trades from their mobile devices, be they iPhones, iPads, or Android devices.
e. IronFX Multi-Terminal: The last one is a trading software, ideal for traders who like to manage a number of accounts at once. It provides a trader with the ability to manage several trading accounts in one singular screen.

Conclusion
The IronFX Exchange platform is a trading platform that will see the advent of new and exciting methods and experiences in the world of trading. The fusion of these two mega-companies, the EmurgoHK Group and the IronFX Group, is a bright start to a future of crypto and forex trading. The exchange will see FX brokers and traders enjoy what they truly love to do, and that is be part of a global trading experience. Holders of the IronFX Tokens will be the first to experience the bright future, set by the IronX Exchange. They will be able to request additional information, incentives, and services, as well as get discount on the spreads paid. The Joint Venture is the future of trading and the bigger question for anyone who participates in online trading, or would like to start is, what are you waiting for? The IronFX tokens will be over soon and this is the opportune time to jump on the bandwagon, to consider oneself as an online trader on the best trading platforms in the industry.

FxGiants Review

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fxgiantsIntroduction
The organization is a global forex broker that provides financial services for online trading regarding currency exchange. FXGiants as well serves the retail investors as well as investors from institutions from more than 150 countries across the globe. It is the among the leading online forex and CFDs broker organization across the globe more especially in the countries of incorporation. The company was established in the year 2015 at the same time in two countries; the UK and Australia. However, the company has been Australia for a longer time and has been operating under a veteran forex trading company in the brokerage industry. It forms a registered brand for the IronFX Global company. FXGiants has two trading companies presently which were both once owned by IronFX but currently one is owned by GVS Pty Ltd in Australia and another one by 8Safe in UK. The organization’s headquarters is based on London in the UK. The official address for the organization is 51 Church Street on the 5th Floor of the Andrew’s Place in HM12 Hamilton, Bermuda. The company trades with a wide range of commodities such as over 80 currency pairs, more than 200 kinds of financial instruments to numerous clients who come from more than 150 countries worldwide. The committed focus of the organization is to offer a fulfilling trading experience for the financial services consumers with the integration of latest technology and provision of high standard services. The organization’s popularity is well felt in the Australian nation, in Europe as well as South America.

Company license and regulations

The company is under stringent regulations that are spanning the globe from the various regulators of the countries of regulation. With the organization’s commitment to offer services compliant to the highest standards, it operates under full regulation of the financial regulating authorities of the two countries of incorporation. In the UK, the organization is regulated by the Financial Conduct Authority (FCA) under the license number 585561 while in Australia it is regulated by the Australian Securities and Investment Commission (ASIC) under the ASFL number 417482. This therefore makes the organization a fully compliant organization for laws of the land in both UK and Australia. The licensing and regulations verifies that the organization is a legit forex trading broker in the financial services provision industry. The company also being a participant in the European Union market, it is a full compliant of the guidelines and authorities provided by the European Union. It also complies to the rules and regulations of the Financial Services Compensation Scheme of the UK since it is protected by the scheme. The scheme can give compensation to the FXGiants’ investors in the event when the company has not met its financial obligations to the agreed rates between the company and the compensation scheme.

FXGiants reliability

With the desire of every investor to ensure that every dollar invested produces a yield, nobody wants to be a victim of scam forex traders. Especially in the online platforms, the practice of scamming is very rampant since the offices are not sometimes physical identified or they are in abroad regions where some other local investors cannot easily access them. Therefore, legitimacy and authenticity of the forex trading brokers is a question of great concern for the investors. Despite the fact that the FXGiants broker is young in the industry and has been operating for less than four years in the market, its age does not affect its reliability. With this doubt about its age, the company has been motivated to work harder seeking to win trader and investor trust in the online community.

fxgiantsThe first evidence of reliability is seen in the company’s concerted efforts to secure regulation under two different jurisdictions in the two countries of operation. In a span of less than 2 years, the company has been able to be licensed under the Australian regulation and the UK regulation. This regulation gives assurance to the traders that any investment they make with the company is in safe hands. There is also constant supervision of the FXGiants company by FCA and ASIC thus ensuring that the company conducts its operations transparently and fairly which can assure the investors that they will be able to transparently see their investment performance as time goes. Additionally, the company has partnered with the Financial Services Compensation Scheme of the UK thus in any event of financial incapability or insolvency, the investors are assured of compensation amounting to a maximum of 50,000 pounds per every investor. The company also has an automated risk management system which manages the accounts of the investors thus they do not have to worry of their accounts running on negative state.

FXGiants trading platforms

Working in the financial brokerage industry, FXGiants company works solely on online platforms. Its specialization is inclined to forex trading with more than 80 currencies of operation. The company offers a wide variety of trading platforms that are compatible with Windows as well as Mac Operating Systems. The mobile compatible platforms are also available such as applications form tablets and smartphones which allow investors to access their accounts while even travelling. Any investor account offers unrestricted access to the company’s platforms at any time.

The major trading platform is the MetaTrader 4 (MT4) which is a software developed by the MetaQuotes Software company. The platform forms the major trading platform for the company since it is the most popular forex business platform in the forex trading industry. It is used as the main trading platform by over 80 percent of the companies that participate in the forex trading business. The MT4 trading platform is a highly popular platform that is user-friendly and robust thus supporting the forex trading business greatly since it is integrated with a charting package and other technical indicators which the investor can use to analyze the market thus guide informed investment decisions.
Another feature of the MT4 platform is the which is the most powerful feature is its capability to support automated trading with using the Expert Advisors. Those traders who are experts in computer applications can program the Expert Advisors to build an automatic trading on the platform. The platform is made available in various versions like MT4 for PC as well as MT4 for Mac. They both have features like activity reports, advanced charts, advanced security systems, real-time news feeds, real-time quotes, support trading signals, and support for various kinds of trading orders. The mobile trading platform has MT4 mobile compatible platform that can be downloaded from Google Play Store for android phones or the App Store for the iPhones. The traders can monitor their accounts or execute trades right from their mobile phones.

fxgiantsFXGiants transparency and trading conditions
The organization has strong transparency since it is regulated by two bodies which oversee its operations. The subjection to two kinds of regulations makes it achieve the highest standard of transparency as they move on with their operations. The organization has also specified the compensation limits for the investors in the event of financial difficulties or insolvency thus straightforward with the financial services that it offers. The accessibility of all their trading platforms with only one investor account also makes the trading to be highly transparent and makes the trading conditions convenient for every investor.
The company’s trading accounts
The company genuinely offers a meaningful and wide range of types of accounts from which the investor can choose from. Therefore, it is possible for an investor to open a market maker account or an account that deals with desk type on the basis of the commissions. There are five different types of accounts that from which the investor can choose from. The accounts are as follows

Micro account – The investor is able to choose between live fixed or live floating spread depending on the individual tastes and preferences. In any spread that an investor will choose, the minimum deposit remains to be $100 but an average of $500. The leverage range for this account ranges from 1:1 to 1:500 with variety of the currencies like AUD, EUR, GBP and many more. The benchmark for fixed spread is 2.2 while for the floating spread is at 1.1 with the freedom of opening one account with numerous base currencies. The min lot size for this account is 0.01 and the account is available for 24 hours for five days in a week. The transaction hotline is also available to sort out issues with investors.

Premium account – This also lies in the similar choice by the investor either live fixed or live floating spread. For either choice of the spread, the minimum deposit is $2500 with a benchmark spread of 1.2 maximum and a minimum of 0.7 USD floating rate. The highest leverage given for one account of this type is $500 and the account is also allowed to be opened with numerous base currencies. The min lot size for this type of account is 0.1 with also dedicated account manager in 24 hours in five days. It is therefore slightly below the micro account.

0 Fixed Spread account – This account can be opened with a minimum deposit of $500 with a minimum lot size of 0.01 and a minimum commission as from $18 per lot is charged on the account. The account manager for this account is also available for 24 hours for five days a week. A highest leverage of up to 200 base currencies which translates to around 1.8 pips of the currency pair used as benchmark.

STP/ECN No Commission account – This account’s deposit charge is similar to the minimum deposit for Micro account and 0 Fixed Spread account. Base currencies used in this account are also similar to the Micro account. The only difference is that the leverage caps for this account are at 1:200 other than 1:500 noted in the Micro account. Also there is no transaction hotline and also no account manager for the account. The minimum lot size is 0.01 with allowance for various base currencies as the Micro account.

STP/ECN 0 Spread account – The account has the same features like the STP/ECN No Commission account thus the two accounts can be opened interchangeably by the investors. This account forms the largest account in the company forex trading business thus can accommodate any investor who wants to invest huge amounts of money into the business.
Unique features with FXGiants

fxgiantsThe company offers its products and services on its trading platforms in 24 hours in 5 days every week. Their services are available for online platforms and compatible with either PC or smartphones. The major trading platform used is well-known to people and always user friendly for either the MetaTrader 4 platform or the Personal Multi Account Manager (PMAM). For the PMAM platform, it allows for the creation and management of multiple accounts by the user. The company is also always aimed at becoming semi-professional money managers which can manage investor assets on their behalf. In addition, the company has a group of professionals with a wealth of experience in the field of international finance and forex trading business. The team of professionals deal with markets analysis, business solution specialization, business developers and risk management. The company goods and services are spread in over 150 countries across the globe with more than 200 financial instruments. The company also has interesting bonus package which has initial bonus at 35 percent free. It also includes incentives such as 100% bonus maximizer and also bonus advantage of 20 percent for deposits amounting up to $2000.

Company special offers, promotions and bonuses
The company is delighted in rewarding its investors with an array of variety of promotions. The promotions range from Live and Demo Trading competitions to extraordinary bonuses which boost the investors’ trading needs. The FXGiants company rewards its traders every month with a trading competition. From month to month the price changes. For example, in the month of January 2018 the price of the reward was a vacation package to Europe or a $5000 token. However, the bonus is given to those investors who fully comply to the terms and conditions of the bonus. All the promotions and bonuses are aimed at boosting the needs of the investor as well as enhancing the company reputation as it engages in forex trading business.

Company commissions and spreads
The company commission charges are only applicable to the Fixed Spread account. The investors with this type of account are required to make a payment of $18 for every lot of trading. However, for the other accounts for trading in this company, the investors are required to make a payment of small spreads for any trade that they engage in. They can participate in the fixed or floating spread regarding their tastes and preferences. When using the Micro account, the fixed spread can be to the minimum of 2.2 pips while the floating spread can be to the minimum of 1.1 pips. On the other hand, the premium account the least floating is 0.7 pips while the least fixed spreads is 1.2 pips. However, the typical spreads are different for the various currencies as indicated on the company website.

Deposit and Withdrawals of money
This is a trading exercise which needs recharging of funds when they go below the required level and also withdrawal when the investment makes a profit. The first and important exercise is the deposit of funds to the investor account such that one can become an active participant in the business and also to fund the account for transactions. The company has a proprietary interface which makes process simple, enhanced and secure. The company does not take cash deposits from the investors. Instead, there are several options that can be used to make automatic deposits to the investor account such as the Visa or MasterCard credit cards, Neteller, Skrill, Fasapay, UnionPay China, Safecharge, EccomPay, and DotPay. The investors can also use alternative deposit method of using the bank wire transfer to deposit finances to their trading accounts in case they do not have access to eWallet of credit cards. All these methods have different fees with different terms and conditions of operation. Withdrawal can also be made through the same methods used to deposit funds to the trade accounts. The withdrawal fee varies from one method to the other but the least withdrawal fee applicable is $0.5 while the maximum applicable $30.

fxgiantsCustomer support
FXGiants offers 24-hour customer support services for 5 working days every week. The customer support staff is helpful in solving the customer complaints. The company’s customer support centers are based in London in the UK with the primary language in offering the support services being English but can also be translated to various languages which include Spanish, Italian, Korean, Chinese, Russian, Malay, Portuguese, Hungarian and Indonesian. Their customer support services can be reached through various mediums such as emails, telephone call, or a live chat at any time even in the instances when the market is busy. The company has also toll free contact numbers for customer support in specified countries such as China, Malaysia, Hungary, Spain, Poland, Indonesia, Italy, Thailand, Portugal, Russia, and Korea.

Education
The company is focused on the delivery of variety of assets that are easily tradeable by the investors in a simple execution of commands over the trading platforms. With this focus, the company therefore strives to educate its investors with an educational content that is always restricted to a forex trading glossary and the news releases for the company as well as other headlines that concern key economic performance across the globe and the region of operation. The company glossary despite being limited, it is useful to the investors to a great extent. The company website also has light educational materials regarding forex trading as well as basic economic news regarding forex trading market analysis that is fundamental to the investors.

Safety of finances
To curb insecurity issues, the company’s accounts are maintained in the top tier banks by the use of banking and treasury services that are applied at Westpac as well as other major high class institutions dealing with banking. The investor funds are in complete segregation with the other funds thus the customers can be sure that clarity, integrity and security is highly observed in dealing with their finances. Each investor account has a unique code which effectively guides depositing and withdrawal of funds from the account. The company is regulated and protected by recognized agencies in the lands of its operation thus very secure.

Pros and Cons
Pros
The company has variety of trading accounts (total of 5 types)
There is low deposit requirement for minimum initial deposit
The company is a regulated broker thus secure and legit
It has a wide range of financial instruments as well as products and services
Cons
The company lacks multi lingual support
They also lack local telephone customer support
They have no web based platform for trading
Only the MT4 trading platform is supported

Conclusion

With the company review, it is evident that the company has strong regulatory oversight, brilliant spreads and an array of accounts which the investors can choose from. It is true that is has been in operation for a very short period but it has managed to gain massive following and has accumulated a pool of loyal investors. The company has affordable accounts starting as low as $100 with amazing promotions and bonuses. Therefore, is it of no doubt that the company has proved itself as an investor friendly broker for those individuals seeking to begin their forex trading business.