Hotforex Review – Key Findings for 2020

Hotforex Review

Who owns Hotforex ?
The Hotforex brand is founded in 2010 by the HF Markets group. St Vincent.
Where is Hotforex based ? The head office is located in Cyprus, while the other offices can also be found in Grenadines, St Vincent, and Kingston.

It works on the ENC/STP model, which implies that the trades are passed through third-party liquidity providers to ensure there is no conflict of interest with the clients and lower spreads. Hotforex is a company that has won many awards for providing excellent brokerage services to the people investing in CFD and forex trading. This brokerage firm claims to serve more than one million people from various countries trading in bonds, cryptos, indices, currency pairs, and commodities.

Review of Clients Safety Regulations of Hotforex

Is Hotforex, a regulated broker? Though regulatory laws and best safety practices protect the investors in forex trade through the forex brokers still some of the brokers provide their clients’ additional protection through their regulations.

In South Africa, HF Markets SA PTY is regulated under authorization number 46632 by FSCA or the Authority of Financial Sector Conduct.
In Cyprus, European HF Markets Ltd. with license no, 183/12 is regulated by CySEC or the Cyprus Securities and Exchange Commission.
In the UK, HK Markets Ltd is regulated under reference no. 801701 by FCA or the Financial Conduct Authority. To get details about their compliance with regulation, you can use this reference number.
In Dubai, HK Markets Ltd is controlled under license no F004885 by DFSA or Dubai Financial Services Authority.

You can get information in this regard to this office. In the Mauritius Republic, HF Markets Ltd is regulated under the license number 094286/GBL by FSC or the Financial Service Commission.

In Seychelles, HK Markets Ltd, with license number, SD015 is regulated by FSA or the Financial Services Authority.

In the Grenadines and the St. Vincent, HF Markets Ltd has been incorporated 2015 under registration number 22747 IBC.

Segregation of Client’s Funds: Hotforex uses segregated accounts of Major Bank to maintain and ensure the safety of the funds of its clients, in the case in the upcoming years it becomes bankrupt.KYC: To check financial crimes like money, laundering, etc. it has been made mandatory for every client to submit a proof of address and his/her legal existence. Protection of website: They have used SSL or Secured Socket Layer to protect their trading platforms and website of Hotforex from securing the encryption of data during online transactionsInsurance: To protect Hotforex in case of fraud, negligence, and errors they have an insurance policy for 5,000,000 Euro. Compensation scheme for investors: Hotforex has offered a compensation scheme via FCA for 50,000 GBP and CySEC for EUR 20,000 to its clients.

Thus, through Hotforex regulation HK Markets Ltd, the parent company of Hotforex, has provided additional protection to its clients. Through various regulatory laws in different countries regulate HK Markets Ltd, it still offered extra security to its clients by using the latest protection systems.

Hotforex regulations implemented by HF Markets Ltd to provide enough protection to its customers include:

Flexible trading conditions in the platform
Tight spot with as low as zero pips
It provides multilingual customer support
There are multiple regulations in various parts of the world

Hotforex Dashboard – rich and excellent user experience!

Hotforex Trading platforms

Hotforex platforms are MT4 desktop, Multiterminal, MT5, MT4 web terminal, iPad trader, iPhone trader, and Android.

Hotforex provides the most reliable trading software, which includes the MT4 platform and Meta Trader 5, who offers the latest technology and tools to make trading more efficient. It also provides excellent trader tools, traders board for analysis, VPS hosting, and Autochartist. MT4 and MT5 are compatible with web terminals and desktop versions, which makes it easy to manage multiple accounts. It allows traders to copy trade the PAMM technology, which can be very useful for beginners. Therefore, this is an all-inclusive trading platform that allows all the traders to be the beneficiaries of the tools that will help them to advance in their trading.

See video about Hotforex PAMM account :

The next benefit of the MT4 & MT5 mobile app is full account management. Total account management is one of the main advantages of cellular service. Many traders enjoy this benefit as it allows them to stay focused and on track to their trading goals. Order history is another component offered through the application. Order history, in combination with account management, is the best way to stay organized and prepared for the next trade. It is vital for traders to always stay current on trends, patterns, and market values. The mobile app also offers chart analyses. Chart analyses help traders make decisions quicker regarding the status of the market at any given time.

The last main benefit of the mobile platform is the ability to utilize 20 different indicators and multiple time frames. With more than 20 symbols, traders have constant access to the information they need to make the best decision. All of these benefits are included in HotForex’s services. The MT4 & MT5 version is the most reviewed and celebrated from the service. Many traders have experienced success through the mobile application and recommend it those beginning to work with the forex market. Traders need to review their experience with new applications that help make the process of traditional trading simpler while on the go. With many different countries, timezones, and business deals, traders can still stay on top of all the latest trends with one click.

HotForex provides clients with the MT4 & MT5 trading mobile platform. This ensures no downloads are required for the client. HotForex is guaranteed to run on all operating systems with all types of devices. The MT4 & MT5 are certified downloadable options. This means that clients can access them on their desktop version. HotForex MT5 is available on Windows PC as well as Apple Mac. The MT4 version is available on Linux, Windows, and MAC. HotForex offers trading platforms for their clients with a range of unique benefits to enhance their experience. The platform also provides free options. Offering a mobile opportunity is one of the most efficient methods for catering to younger traders in the industry.

In terms of mobile devices, the HotForex platform can be be used on iPhones with the official app from the app store. This is one of the best ways for traders to work on the go. Some of the basic features on the MT4 app include one-click trading. One-click trading enables traders to complete a deal from anywhere in the world, at any time, with one click. This is one of the most efficient methods for keeping traders engaged and interested in the market, even when their schedules are busy. In addition to one-click trading, HotForex MT4 mobile app also offers real-time quotes and market overview price. These two features are paired hand in hand. Real-time quotes ensure that traders have access to the most relevant and current information. The market overview price can be used to help traders make their final decision.

Hotforex Trading Accounts specifications

Hotforex has covered most of the financial markets by providing different trading accounts. This is part of offering a diverse product portfolio because everyone has his preference, and the company is trying to accommodate various user needs by providing various trading platforms. To open an account, you will be required to deposit a minimum of $5, whereas the maximum leverage is 1:1000. Trading accounts types are :

Demo account

Any account which you open with a hotforex market allows for a demo account. The good thing with such a statement is that it is not limited to trial period; hence you can have up to 3 accounts. You will have access to real trading conditions under the MT4 trading platform.

Micro account

This account is available to traders in FSCA, SV, CYSEC areas. The leverage depends on your area. For instance, a limit of 1:1000 is for those who are under FSCA and SV, while those in the EU will have a limit of 1:30. Trading platforms may also differ depending on the area.MT5 is accessible to FSCA and SV.

Zero account

Every trader that has a zero account on the hotforex market will benefit from the variable spread, which begins with 0 pips. It has no markups, and it is available under FCA, DFSA, CYSEC, and FSCA.EU holds leverage of 1:30, and those under DFSA are 1:50. For FSCA and SV, the zero accounts have the advantage of 1:500.

VIP account

This is similar to zero accounts, but is gas more benefits. It is available for those trading under DFSA. The good thing with this account is that you can contact your hotforex manager directly. However, you will be required to deposit up to $20,000 though it has no markups, and the variable spread starts at 0 pips. The maximum leverage is 1:50.

Auto account

This account is available for both FSCA and SV regulations. With this account, you can access leverage of up to 1:500. The availability of the trading platforms also depends on your location.

Fixed Account

This account was available to SV traders with fixed traders, whereby it required a minimum of $500 deposit. Its leverage is up to 1:400 (none EU clients). However, this type of account is no longer available.

Islamic account

For this account, if any position is held overnight, swap or rollover fees are not charged. This option is available in Auto, Micro, Premium and Zero accounts

HF Copy Account

To some extent, the HF Copy account is something between a pamm account and an auto account. Here, there can be both providers and receivers. For example, providers will be selling their trading signals, and receivers will be interested in copying/buying others’ trades. As a provider, the minimum initial deposit amount is $500, and it’s $100 for a receiver. Here, the max leverage is 1:400. This account is allowed to trade on the following instruments: Bitcoin, Forex, and Gold.

What is The Program HFCopy?

The tool and account HotForex HFCopy can be accessed easily through browsers letting traders work and unite together like allies and help you in eventually mastering the market. So if you’re a highly professional and experienced trader, then you can quickly become a strategy provider while showcasing your knowledge and expertise in trading while charging a performance fee of more than 35%.

However, when your main focus is on the outcome, and you won’t depend on trading strategies, in such a case, it’s essential to be a follower. In such away, you can easily copy strategy from a strategy provider while paying a fee of more than 35% for the included services. Beginner traders who just know the ins and outs of the scenario can become followers.

Investment with HFCopy is just as simple as the creation of an account that can easily get controlled all by yourself. You can simply withdraw funds, make a deposit and close trades according to your requirements.

How it Works?
People who are new to the working of Forex trading can sign up as HotForex HFCopy Follower and use seasoned traders’ experience. You can simply follow a strategy provider the way you like copy strategy and pay the total fee.

You would also get entre account access for monitoring close positions, withdraw profits, trades, set Rescue Volume and Level Percentage Allocation, and so on.
On the other hand, smart and experienced traders can select becoming the Strategy Provider. In such a case, you have to register as a Strategy Provider while creating a HotForex account.
Advantages of Becoming a Follower (Investor)
Being a follower, you surpass the complexities of trading strategies in the Forex market, and others would do the work for you. Various benefits are associated, such as:

Control of trades at any time. Deciding on how much you’re riskingUnfollow whenever you want, you can set your level for rescue and anytime withdraw your finances.

Advantages of Joining as Strategy Provider (Becoming Professional Trader)

People with rich Forex trading expertise can open strategy provider account while getting a lot of benefits such as:

A performance fee of more than 35% Payments every month showing off trading knowledge and expertise Make the best of automated calculations Have three strategy Forex accounts

Upon joining as a Forex Strategy Provider in HFCopy, your work would be to formulate the best Forex trading strategies for self as well as followers. For details and numbers, you’re simply able to rely on the automated calculation of HotForex HFCopy. This automatically calculates followers’ Rescue Level, Volume Allocation, and a lot of other vital data.

How To Receive Hotforex Bonus ?

Hotforex Bonus is available only for non EU clients.

Hotforex has a bunch of promotions, and bonus offers, such as loyalty program, 100% supper charged bonus (minimum deposit to avail this bonus must be $250), 30% rescue bonus (minimum deposit to avail this bonus must be $50), and 100% credit bonus (minimum deposit to avail this bonus must be $100). Additionally, the platform arranges various trading contests from time to time.

When you make a deposit, you will receive the best bonus of 100% of either credit bonus or cash bonus, which doubles what you had in your trading account. Hotforex is among the few forex brokers that offer exceptional trading conditions and gifts, which is quite useful for the trader.

Contests for traders

Contests are consistently organized by Hotforex for the traders to win certain items, including cash prizes.

Some of the contests to be organized soon include:

Gadget Giveaway contest by Hotforex: A trader is given a free Bluetooth speaker, tablet, or some other gadget every month.

2020 Traders Awards: The successful trader will be awarded every month with a reward of $1,000, entry to the Hall of Fame’ of Hotforex, and an obelisk.

Demo Contest: Three monthly rewards of $2,000, $1,000, and $500 are given to 3 top gainers of demo accounts.

Merchandise of Hotforex: Certain merchandise branded with Hotforex including bags, T-shirts, coffee mugs, caps and umbrellas, etc. are given for free to the traders.

Deposit & Withdrawals options

For withdrawals and deposits, multiple options like e-wallet payment, credit, or debit card, bank transfers are acceptable. No fee is charged for deposits and withdrawals, and most transactions will be processed within ten minutes. Time taken for processing withdrawals is 24 hours, and the payment processor may charge a fee. The withdrawal method should be the same as the deposit method. Transactions by third parties are prohibited. All withdrawals should be submitted before 10 am server time if they are to be processed the same working day. The payment, deposit methods are listed below

Bank wire transfer: with take between two to ten days depending on the banks which are involved, the minimum amount is $100 and there no maximum

Master, Maestro, and Visa cards: The minimum amount for deposit is $5, while the maximum deposit is $7500 for MasterCard, $10,000 for Visa/Maestro card. Typically deposits are processed immediately, yet may sometimes take up to ten minutes. Withdrawal processing with taking two to ten business days

China UnionPay: The minimum deposit is $50, while the maximum allowed is $8000. Processing of deposits will take up to 24 hours, while withdrawals may take two to five business days.

BitPay: The smallest bitcoin deposit accepted is $5, while the maximum deposit is $10,000. It may take up to ten minutes to process, while the withdrawal time is one to 3 working days.

Neteller/WebMoney: The minimum and maximum deposits are $5 and $50,000 respectively, all transactions are processed immediately

Fasapay: It processes transactions immediately, with the smallest deposit of $5, a maximum deposit of $5000

Hotforex has confirmed that all the funds and payment gateways are safe. No funds with forex are reported lost or stolen.

Deposits can be made through e-wallets, online payments processors, Bank transfers, and credit cards. Traders also have access to instant withdrawal and deposits. The platform accepts different types of withdrawal and deposit methods like Mastercard, Visa, Bitcoin, Wire transfer, Union Pay, Fastpay, Neteller, Webmoney, and Skrill, etc.

HotForex Instruments

The platform currently accepts more than 150 types of instruments. What’s more, there are more than fifty types of currency pairs that can be traded too. For example, you can start selling with Hotforex on the following instruments, such as Cryptocurrencies, Indices, Metals, Energies, Shares, Bonds, and Commodities. If you are someone who prefers to try with a lot of different options, then this platform will be quite apt for you.

HotForex is a top award-winning platform for forex trading. They are known as one of the most reputable forex brokers online. HotForex serves as a commodities broker as well. They provide extensive trading services as well as facilities for institutional customers and retail customers. They have received many positive reviews from past clients as well as positive feedback from the forex market. Their main goal is to provide clients with a range of options for trading. They offer their trading instruments (also known as products) for clients. HotForex offers its clients more currency pair options, which allows them to grow and expand their portfolio rapidly.

One of their main goals is to verify their status as a certified multi-asset broker continuously. HotForex is currently recognized as a successful multi-asset broker for its broad range of clientele. It is also important to note that their list of trading instruments are continually expanding and growing as the company advances. This means there are more and more opportunities for clients to benefit from and experience.

Some of the main assets used on HotForex are cryptocurrencies, metals, forex, commodities, and bonds. These are some of the main elements that help to make up their services for clients. Clients can utilize HotForex for a range of reasons, from trading Bitcoin to trading gold. Some of the most popular cryptocurrencies that are traded on the market include Ethereum, Litecoin, and more. It is also important to note that HotForex provides top trading conditions for all of its spot metals without extra fees. Typically there are forex fees associated with trading gold and silver. HotForex offers spot metals in both USD and EUR. The margins are as low as 1% for gold and silver. This is a primary benefit when trading with HotForex. As stated previously, they are an award-winning platform with the skills ad experience to help clients receive the most out of their trades.

Some of the other most common trading instruments include oil. HotForex offers spot and futures contracts for the oil and gas sector. This is very important as many clients are seeking to invest in these industries. Some of the most common types are Brent and Crude oil. They offer clients small margins which provide benefit for the client in terms of overall trade and investment value.

Bonds are also an essential aspect of HotForex’s service. Bonds are used for trading during different types of foreign transactions and exchanges. Bonds can be in the form of USD, EUR, GBP, and more. The global economy utilizes bonds and trades them regularly. HotForex helps clients to understand how this process is accomplished. Trading bonds is a fundamental and widely-used financial instrument. Overall, the platform has pleased many clients and encouraged them to utilize the service time and time again. It is important to select a service that features the best the industry has to offer on one simple and convenient site.

Hotforex spread

If you are now eager to start trading with HF, then you must need a clear idea about their spread. According to this platform, their spread roughly starts with one pip for all types of accounts (except zero). For none-ECN accounts like EUR/USD, the spread is 1.2 pip. For your quick reference, a spread table is given below.

AUD/USD – 1.5

EUR/JPY – 1.7

USD/JPY – 1.7

GBP/USD – 1.8

USD/CAD – 1.9

USD/CHF – 1.9

GBP/JPY – 3

Hotforex tools

Well, there are specific tools that can be used in conjunction with this platform for successful and profitable trading. For the clients, Hotforex offers some of these following tools to be used — Trade Terminal, Connect, Session Map, Sentiment Trader, Mini Terminal, Excel RTD, Correlation Matrix, Market Manager, Correlation Trader, MT4 & MT5 Indicator Package, Tick Chart Trader, and much more too.

Other available tool/feature options for HF or Hotforex include an economic calendar, traders board, auto trading, one-click trading, multi-target calculator, pivot points calculator, and Fibonacci calculator.

Trader Education

Hotforex provides Forex educational content for traders of all levels of experience and investment. This educational material is available in the form of instructional videos and eBooks. Realizing that traders with less knowledge will require more assistance, Hotforex is providing a comprehensive tutorial for those who have just started Forex trading. Some tutorials are also available for intermediate traders and experts in forex trading. For the training course, a set containing ebooks and videos will be provided. The videos are produced professionally and have quality audio. The ebooks have a detailed explanation of the various Forex terms, and a large number of illustrations are provided for better understanding. Most users are delighted with the training provided by Hotforex.

Trading experience

Many Forex traders who are interested in using Hotforex would like to find out the Hotforex Trading Experience of the existing users of the platform so that they can make a decision accordingly. Hotforex claims that it is suitable for all levels of traders, ranging from those who just started trading to professional traders with many years of experience. Hotforex has selected a large number of assets for trading. Traders can choose from multiple trading platforms. The research information and reports provided are suitable for Forex traders at all levels.

For a better and more profitable Trading Experience for their clients, Hotforex is offering a large number of research tools, including news, analysis, reviews of the markets, and technical reports. To help traders who have a Hotforex account, Hotforex Research has a separate website https://analysis.hotforex.com with only research, analysis related information of the Forex market. This research section is managed by three forex experts who are employees of Hotforex. The website has a more significant number of trading tools and also offers Market News, daily market reviews, market outlook, and the economic calendar. Additionally, technical analysis, video analysis, special reports, and the economic calendar is provided for reference.

The Hotforex App is a mobile app that provides tools for trading, market news, and news analysis. In addition to Hotforex account management, it is also possible to access live quotes using the app. The app can be used for all types of smartphones, like the iPhone and Android. Some of the features of the app are the trading positions, calculators, traders boards, advanced charting, and watch lists. Live webinars and daily market analysis can also be accessed. Traders can conveniently deposit and withdraw funds from their HotForex account using the app.

Hotforex Customer Support

Customer support facility is indeed an extremely crucial part of any business, Isn’t it? For example, when you encounter specific problems and issues, or you have any queries, you must have the option of contacting the support. The best part is that Hotforex has an outstanding customer support facility.

The customer support team is knowledgeable, prompt, and helpful. You can easily reach out to them via the live chat option. In this way, you should be able to contact the customer assistance team if you have any queries or you need to resolve any problem.

Live chat can be done in different languages.
Customer support through phone can be obtained at the residence of the client by dialing +44 2033185978 or at eight other numbers in China, Russia, Taiwan, Brazil, Indonesia, India, Turkey, and Nigeria. Through Email, you can send your message at support@hotforex.com or eight other email addresses for different languages and departments. Through social media, you can meet the Hotforex support team at Instagram.com/HotForex, Facebook.com/HotForex, LinkedIn.com/HotForex, Twitter.com/@HotForex_Broker, and YouTube.com/HotForex.You can also get customer support by filling the Contact Form available on the page Contact Us’ on the website of Hotforex.

The staff on the support desk is easy to contact and very helpful. The knowledgeable support assistants respond to your phone calls quickly. The channels of social media are updated frequently to keep it active for lots of their followers. The support assistants on Live Chat respond in less than 20seconds to initiate a chat.

Is Hotforex allowed in all countries ?

Hotforex accepts clients mostly from all over the globe. But, there are a few territories where the platform is not allowed, such as Sudan, North Korea, Syria, and the US.
In case if you do not belong to any of these above countries, then you can surely use Hotforex.

In Conclusion:

HotForex is a much secured and well-equipped broker, suitable for both new traders and experienced ones. They have the support of over 1 million users and received numerous awards from different intuitions.

Dukascopy Europe

by Fxigor

Dukascopy History

Dukascopy bank started in 2004 in Geneva. Making it known as the Swiss bank. But, the firm has rooted in 1990. At first, it was only a project managed by a unit of physicists just to model the financial markets, but after sometime, the company has developed and grew. It has formed an online trading platform. It was in 2006 when the organization started its SWFX marketplace that run as an ECN. It has grown through time and it has expanded too in an international manner. The bank now owns the Dukascopy EU IBS AS.

That is an accredited brokerage firm that actually offers different services using the same terms mandated by the Dukascopy bank. It was in 2015 when the firm bought ALpari in Japan which run it as the Dukascopy Japan Co. It has offices in various parts of the world too like Hong Kong, Moscow and others. It also offers online services for those who wish to do spot FX, precious metals, binary options, CFDs and others. They also offer online banking services, since they are being audited by the KPMG SA.

Dukascopy EU is a associate of the Swiss Forex Group and it has an HQ in Latvia. It has been filled with features for traders. First, it has a fast execution through the in house built technology. They offer a direct access to those that offers liquidity and get the execution in just ms. They also offer tight spreads through the use of ECN liquidity. The Dukascopy offers spreads for as low as .2 pips on Euro and USD. They also offer an in depth marketing in which the traders can keep an eye in the market depth. Equal trading rights will be enjoyed by every traders. They will be given an equal treatment when it comes to the spreads and liquidity.

Dukascopy platform

Dukascopy gives 3 primary trading platforms along with 3 mobile traders. The broker has made its very own platform which is now called the JForex. There is a web based kind of platform along with a Java kind that the traders can use. The Mobile traders who are using mobile or hand held devices such as Apple and Android.

Spread
When it comes to the spreads, Dukascopy offers some of the most interesting spreads in terms of retail Forex business, particularly for some of the primary currency pairs. Dukascopy uses a lucid pricing model which comes with a low spread and a commission that is added on top of it. The spreads will normally float based on the market conditions and will widen up a bit during the news events or by the end of the trading sessions.

The tight variable spreads along with a reasonable amount of commission will be provided too. The Micro lots are acquirable for the trade and in all of the proceedings will be executed in an automated manner on the ECN for whatever the size maybe.

What Dukascopy EU offers ?
It is typical for the Dukascopy EU to come up with the number of freebies coming from the mother firm. The ECN trading via the Swiss Forex Marketplace is the one handling the transparency, seamless and secured operation and defrayment to and from the trading account. They are the one handling the webinars, seminars and even the trading and the FX related contests. There are some dissimilarities in between the 2 firms through.

Moreover, the Dukascopy Bank which is mandated by the Swiss FINMA for both banks and securities dealer, the practices which are consolidated supervsion over the Group entities makes sure that enough liquidity that includes the risk and the capital involvement in a group level is appropriate. The Group also has a Japan based unit. That came from the Alpari Japan in 2015.

When it comes to the trading conditions, deposit for live account opening with Dukacopy Bank for Swiss and China residents is 1000 USD or equivalent. Min. deposit to open an account with Dukascopy Europe is 100 USD or equivalent (dukascopy minimum deposit is $100). That is a minimum margin for the FX market. To compare with, the clients of the Dukascopy Bank needs $5,000 to get started.

When you compare maximum allowed leverage, the Swissquote EU as well as Dukascopy Europe will both have an opportunity to have leverage higher that 1:100.

When it comes to the trading platforms, the company offers you a lucrative type of trading platform which is the JForex. That will give you enough access to the Swiss FX marketplace. That is availability for mobile and for PCs too. The platform is especially made for traders who are very much fascinated in automated trading or in the developing as well as testing trading techniques that are based on programming language of JAVA. There are some tools and features that the platform offers. That includes the following.

1. There are more than 250 indicators as well as chart studies.
2. There are also calendar of news and economic events as well.
3. They have an automated trading on user’s machine or what they call the strategy server.
4. They have automated trading historical tester.
5. They have the figure as well as the line breaker charts, they also have range bars and points that the users can use.
6. They have Mql4 expert advisor that will convert to JAVA

Conclusion

When it comes to the Dukascopy EU trading accounts, the customer support through phone, Skype and email is being provided. More over, it gives live trading support through telephone 24/5. They offer a minimum account which is $100. The funds that maybe used is a bank wire transfer, and others. The account currencies that they offer comes in different varieties like the Japanese yen, AUD, Canadian dollar, NZD, RUB and others. However, there is no withdrawal commissions being offered. The personal account manager is multilingual, that means there will be no language barrier if you will be needing help.
To sum it all up, Dukscopy EU is a part of the Swiss FX Group. They give access to the Swiss ECN FX Market through the modern Dukascopy SWFX. They offer a unique trading framework for persons and for professional traders too. However, the investment companies may also benefit from them. One of the advantages when trading is the availability of the liquidity which will be turned into small spreads. The traders may also trade around 25M USD in just a particular click of your fingers. They also give personal trading conditions to ordinary retail FX traders. That simply mean that the minimum account size is not more than $100, the fun of the account is available in the simplest forms and opening an account is just fast and simple.

Compared to the other brokers, the Dukascopy EU will not assist the famous MT4 platform. But, the customers are allowed to use the 3rd party providers to bridge the MT4. The broker also offers the probability of the API combination for professionals in trading. These people are those who will be rendering around $100,000. The company’s API is based on the FIX 4.4 protocol. It will be used to get a real time data feed and to be able to submit the orders and be able to set, improve and to cancel the orders and be able to get some automated notifications too meant for trading activities. When it comes to the payment, the users can deposit and withdraw from their accounts through bank, debit cards, those with credit cards and bank transfer too are honored. Dukascopy Europe offers e-wallet – Dukascopy Payments.

IronFX Review

by Fxigor

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 MT4 platform is most used platform

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.

CM Trading Review

by Fxigor

There is something captivating about CM trading and that is the fact that it is globally engaging the companies and the traders from various part of the world. In a framework, this platform from South Africa came offering a full kind of experience. They are working in the most affordable and well developed countries in Africa. The company is worldwide and the service is widely developed in terms of trading and through European traders which have partnered with them. They have established a lot of banks in the country that offers services to international commerce. The access to the primary liquidity gives is then given by CM Trading.

CM trading open live account :

It is quite hard to be a newbie in the forex trading market, especially if you are not sure about how to get started and to cope up with the flow. But CM Trading is one of the best way to get started in the industry. It was launched in 2011. Just like any newbie in the industry, it is also a newbie in the forex trading world, but was able to developed its good honor for for being one of the best places to get started for those who would like to learn how to become a veteran in the forex market. Newbies in trading can get started using a demo account, it will enable them to learn all the basics in trading even before they move up and acquire a live trading account in the market.

South Africa has enables a regulation that is so strict. The financial services has given authority to the company along with a license number. The deposits you will make will provide benefits within the account on the major tier 1 banks. CMTrading has been made to be able to make a 1 stop venue for online trading. The experience of those who have used the site will not halt with the forex. Just it will also help in enhancing the different options for some other asset groups including the trade good, stocks and others. CM Trading has earned a lot of awards in the industry, most of them are meant for the IB service.

Features to enjoy

It was founded by processionals in the field of industry.
The office is located in Johannesburg, SA with satellite offices in various parts of South Africa.
It offers international forex trading and even CFDs.
MT4 along with Sirix trading PFs are sustained for absolute set of access choices.
There are spreads that are very competitive.
You can do mirroring and social trading too.
They have materials that are meant to provide an extensive form of education materials that includes 1-on-1 training.
4 account classifications along with scaling are so essential that includes strict spreads like mini, standards, executive and gold.
Every account has a demo account, so there is nothing to worry about.
The deposit amount is just $250.
The withdrawals upon request may be granted in 24 hours. But if you have the company’s prepaid card, then you can withdraw your money in an immediate manner.
There are also bonuses and various programs being offered.
The customer service is available in bilingual services and you can always ask for help 24 hours a day, 5 days a week using email, live chat and phone calls.

The platforms

The team handling CMtrading has elected to give a go at the MT4 trading PF, but those who wants a web based choice or a mobile version they have the Sirix services for you. They have been providing a high tech order carrying out with the access along with the stability as assurance. The special features of the proprietary will make sure that all of the traders will get an updated signal along with the changes in the market.

If you prefer not to get started with CopyKat Trading, they also have the very useful MT4 software platform that you can also use. All you need to do is to transfer the software and then have it installed in your computer and then you can get started right away. In using the MT4, it may take you time before you will be used to it, but it will be worthy of your time spent. This Pf will keep track of the market flow in different currency pairs and it will show you the information thru the graphs along with the charts to be able to make the trades with just a simple click of your fingers as you come up with a decision thru a real time market info.

There have been platforms that are meant for mobile phones and tablets too. This is meant for those who are always on the go. You can now travel while trading at the same time using your mobile devices. You have the option to login the information as with MT4, so easy access to forex markets anywhere you are will not be a problem. You will just need an internet access and then you are ready to go and start trading using your account.

Withdrawals and deposits

The method involved in terms of depositing is in accordance to the standard mandated by the credit and debit cards, CashU, Moneybookers etc. The withdrawal requests will be taken care of in an appropriate manner in just 24 hours time. That is in accordance with the ID materials that were needed and are included in the file. It is also a unique type of PF in a sense that only the broker may be able to provide its version of prepaid cards to all of its patrons.You can simply use your Mastercard, CashU or your debit card to deposit money to your CM Trading account. The withdrawals are closely made for each other and they will be held straight to your account. The customers who will spend more than $500 to their accounts will be the ones given the CM Trading Prepaid debit card. This type of card will enable you to transact from your CM Trading account, thus you can also buy offline anywhere you are in the world or you can also access any ATM machine with the MasterCard logo.

CM Trading Mastercard
CM trading offers for clients cm trading mastercard, with name CMTrading Intercash Card. You can choose this card in withdrawal section as payout method. Below is CM trading statement :

The CMTrading Intercash Card is issued by IDT Financial Services Limited pursuant to a license from MasterCard International Incorporated. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. IDT Financial Services Limited is a regulated bank, licensed by the Financial Services Commission, Gibraltar. Registered Office: 57-63 Line Wall Road, Gibraltar. Registered No. 95716. All communications should be sent to Andaria Ltd: at Clinch’s House, Lord Street, Douglas, IM99.

Customer support service

The customer support service is available in bilingual and they are very much excited to be of help to you. Their service is open 24 hours a day, 5 days a week during trading hours. You can reach them thru a direct call, email or live chat and they also serve global direct phone lines. The company is actually excelling in terms of customer support and they are very much particular with the set of informative materials like videos meant for training and technical analysis.

Rules and Financial Assurance

With the help of a broker that you trust the most, you can easily trade. The CM Trading will help you build the trust with the help of a secure banking regulations. They have a regulatory agency in South Africa which is an independent body that checks the non-banking financial services, to keep the honesty and the credibility of the investment online. The regulation mandated by the FSB ensures that CM Trading will keep the customer security using a strict form of management in terms of trading accounts and the funds too.

CM Trading may be quite far in its location in South Africa, but the place is just very much known to become the financial center in the world. This is especially true in the international trade. The company’s service is now offering more than the standards asked of them like some particular characteristic that you cannot just find in other companies. The trading PF that they offer provides choices to the users in a manner that they will be able to enjoy. The team is very much engaged in providing an innovative PF and they never stopped in developing and in upgrading their systems for the online traders.

And now special promotion :

SwissQuote Bank Forex Broker Review

by Fxigor

About SwissQuote Bank Forex Broker
The SwissQuote is controlled by the Swiss financial Market Supervisory Authority. They have been in the business for years now and they have more than two hundred thousand clients who are very much active in trading globally through their offices in Dubai and in Switzerland. The Swissquote Bank, the provider of the services linked to foreign exchange. The Swissquote bank was originated in year 2000 in Switzerland. They started in the name Advanced Currency Markets or ACM and then later on mixed with the Swissquote Group. Aside from their head office in Gland, this bank has workplaces in various parts of the globe too like Malta, Dubai, UAE and Zurich as well. The corporation is well regulated by DFSA, MFSA, MiFiD and FINMA. This firm is much known and well trusted by most of the traders in various parts of the globe. The Swissquote Bank is well established and if you will take a look at their profile, you will discover that they are known as a quality broker marketing and in trading world.

Open Swissquote offshore account
From basic offshore banking such as payments, to trading multi-asset classes globally the Expat Account provides online access to the management of your assets.
Open Swissquote offshore account
Company

The Swissquote is a firm that is situated in England, it focuses in virtual exchange. This has more than 200,000 clients and amidst 2013, there were around 8.1b entire properties for the clients. It is owned by the firm named Marvel Communications SA. This was discovered by Paolo Buzzi as well as Markus Burki in 1999 their primary focus was to develop the software meant for monetary info. Just 7 years after, the Swissquote.ch has traded on the Swiss Exchange Securities as well as it remained made openly. Just in 1999, they have made the Swissq info SA as well as the Swiss Trade SA and they have stirred in Swiss.ch to go on with their operation while still specializing in the solutions and development of the united websites for e-business as well as online communication as well as online communications. The Marvel communications was the only one accountable for the core business.
The private Swisscote clients were able to get the stock market access in a very beneficial rate. They also offer supplemental services that were made for corporate customers as well as for asset managers as well. They also have a portal that the clients can use, it is user responsive as well as very dependable with all the useful information available there for those who are in need of investment channels for independent research. It also offers real time updated info to enable the clients to deal in the financial market at their own pace.
Usually, you can find a lot of details about the Swissquotes and its management as well as the owners. It is nice to know more about the bank and the broker, though the site is quite confusing to start with. Aside from the merger, there are still other sites for different brands. Since the Swiss regulations, the clients from Europe will trade with the Swissquotes in UK which is regulated by the FINMA. There is nothing to worry about because the UK controller, FAC is just very much determined and there is no current issue about the Swissquote that can cause panic to possible clients.

In terms of the currency markets, these are the forex broker office of the Swissquote group. They went public in year 2000 through the Swiss Exchange MArlet. The ACM just became a member group just after the FINMA turned their license down and then approved the Swissquote group to buy the ACM. At present, the ACM has a headquarters in various parts of the globe like in Geneva, Zurich as well as Dubai. However, this kind of trading activity is not accessible to the citizens in America.

The progressive trader

Just like any platforms, this is an open type of software for the progressive traders with the progressive recording as well as meets the requirements of the veteran traders. You will just miss having the options coming from the chart choices. If you have used MetaTrader4 in the past, you can still use it again. It will enable you to program the trades as well as trade straight after the graphs. It contains a strong analysis on charting. If you find MetaTrader4 more progressive for your present status, but you want the concept of trading using a software through your computer, using the advanced trader. This is an interface that you can also personalize according on your needs. If you are in a café, in a public computer, any browser will do. The ACM app can be used using a handheld device with internet. IPhone users can also enjoy its capacities, because they have an exceptional form of its exclusive for them only.
Commissions & spreads

For spreads and fixed charges without commissions, Swissquote is just one of the stockbrokers that offers such. Because of this, effortlessly computing the cost of the trading in any deal is simpler. This is an ability that has pinpointed a big group of individuals to record their forex trading account with the Swissquote broker.

Promotions and Bonus offers

Normally, the Swissquote broker doesn’t give any promo bids but opening a forex trading account, more so they are not persuading to the customers and the traders by just using a welcome bonus or certain persuading offer. It is easy to comprehend coming from an investigation that this broker is offering promos and not incentives accordingly. Even if there are not vigorous promos ongoing, the stockbroker can actually give you some one of a kind provisions with exclusive offers. More so, you must always check them before you open an account, since they are altering just like any other brokers from various parts of the globe. It will bring you benefits in so many ways.

The WebTrader is somehow good for first-hand traders as well as professional traders. All of the structures that you are looking for coming from the FX platform are there, so no need to download the software to be able to use it.

Mobile trader is an uncovered type of the platform, but it is a good choice for those who are always on the road and always use the handheld phone for trading.

The MT4 is a classic kind of MetaTrader4 that has become the primary choice of forex traders around the world. Probably, it doesn’t have as much features as the further platforms, nonetheless it is a type that is very laid-back to use as well as has charts as an added feature.

Swissquote has a well-developed techniques in terms of trading like scalping and they are also available in the bank as well. The extents are adjustable, but that depend on various factors like the primary deposit, market conditions, the size of the transaction and the global news as well. The automated trading is probable with the Swissquote bank using the MetaTrader 4 (MT4) along with the other advanced trader as well as various platforms and they are easy to use and they are also easy to personalize. It is just that the firm make sure that all of the important and comfy conditions for sale, prosperous as well as lucrative trading. The Swissquote bank and their consumer care representatives are very much professional and they are very much willing to resolve any issues to answer the queries of their clients on various trading software.

The covered markets

Swissquote is not just the leading providing of forex brokerage services, nonetheless it is also into automated transaction in bonds, funds, merchandises, ETP/ETF, warrants, futures & shares. It can cover to numbers of primary financial markets throughout the world.

Accounts & conditions

When it comes to the accounts, you can pick from 3 choices such as Swissquote mini account, the normal account as well as the superior account. The smallest deposit condition if you will pick the mini is $1,000, premium is $25,000 and $10,000 for the standard account. This just goes to show that the spread on Euro and Dollars is lowest if you will pick the premium account for 1.8.

Visit and open account at SwissQuote Bank

Starting an account

You can straightly open a fresh account for trading through the internet. It will only take you a few minutes to fill the application form. After the approval of the application, the applicant will only get an email validation and in just 24 hours, you will get your personal files at the address given. In case you have a previous account, that will be taken over. There is also a demo account available for you to choose from.

Funding choices

The Swissquote accepts the currencies like in the case of the U.S dollar, Euro as well as Swiss Franc. The fund will only be done through the bank.
The customer support

Swissquote also has a customer support team that will be very much available for you 5 days a week and their office hours is from 8am -10pm. The international numbers are given in the website. If in case you need help and you want to be called by the support team, all you need to do is to fill up the contact form sheet. You can also send an email for all your queries. They will get back to you after sometime.

Major SwissQuote Bank Forex Broker benefits list :

• No required minimum balance and there is no yearly fees.

• The savings are done offshore, through the personal Swiss Bank account.

• Execution of the online trading platform through the US funds and $10 will be allowed in every transaction.

• This is not subjected to some UAE linked laws.

• The clients will be allowed to deposit in a secured manner of up to a minimum amount of CHF 100,000 each client. This is less than the Swiss depositor protection scheme.

• Easy to access worldwide as well as domestic money transfer.

• There are no fees for the inbound payments to the accounts

• The client can have an access to different exchange bank account.

• Viable deposit charges on the present account.

• Access to different customized savings as well as investment services like the e-portfolio & the e-private banking.

• The market that leads to forex rates to save money on every transfer made.

• Low cost fees for the outbound payments, this is starting from EURO in every transaction.

• Trading can be done anywhere through bonds, equity, indexes, funds and commodities.

• Access to more than sixty global markets as well as around 1.8M financial instruments.

• You can use more than 8,000 resources from the global fund managers handling the lead.

Visit and open account at SwissQuote Bank

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Dukascopy History

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Conclusion

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