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Discussion in 'Platform Trading' started by xtreamforex.com, Nov 22, 2018.

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  1. xtreamforex.com

    xtreamforex.com Member

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    Dealing with Forex Customer Support

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

    Opening an Account

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

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

    During Trading

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

    What not to ask

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

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

    Closing an Account

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

    Connect with XtreamForex and make Trading strong. Our whole committed to provide superior Forex trading services with excellent results.
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  2. xtreamforex.com

    xtreamforex.com Member

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    Forex Hedging

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

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

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

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

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

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

    Some brokers do not allow direct hedging.

    About XtreamForex

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

    xtreamforex.com Member

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    Forex Scalping

    Traders use many different forms of trading which they feel the most comfortable at, and help them make the best profits they can. Each trader depending on their strong points can find themselves working better and earning more when using a the method which suits them best.

    Scalping is a well-known and commonly used form of trading which suits trader who wants to make large numbers of trades earning small profits each time. This happens by opening a trade, buying a currency pair, and closing it as soon as the smallest profit is made – usually between 3 to five minutes - completely evading risk even if the profit is too small to make a difference.

    The main base of scalping is to make a lot of trades daily – can be up to over a hundred a day – and aim on never losing any money through those trades, but steadily keeps making small profit among small profit slowly building up a larger account.

    The downside of scalping is that it requires large amounts of deposit, to be able to handle the amount of leverage which must be taken to make the short and small trades worthy. It also demands a lot more attention, as none of the positions can be losses, otherwise the other small trades will be imbalanced by losses and therefore become entirely useless. It takes clear and attentive concentration skills to achieve that.

    Of course needless to say, Scalping is time consuming, and would take a trader who can commit to trading for hours on a daily basis in order to keep building up from the small profits made with each trade, therefore it would be very hard to keep up as a scalper if one is not already a full time trader.

    Based on all these facts it makes sense to say that scalping is not for everybody. It is mainly popular due to the fact that it is technically risk free, because even when a loss is made it is small, and over time it depends on no losses being made, but no big profits either. A constant scalper would choose a safely earned small amount over the risk of a great profit opportunity.

    An important aspect of scalping is to always keep consistency in trade sizes, if a trader uses erratic trade sizes while scalping; they are bound to lose a lot of money. If random sizes are chosen it is most likely that an oversized, leveraged loss will erase all the profits of a day’s work, defeating the whole principle of scalping. All trade sizes must be the same, making the amount of losses and gains equal, therefore keeping the trading strategy balanced.

    It is also important to mention that scalping is a popular method to be applied on automated trading programs, due to the fact that it is time consuming and needs very specific and accurate decisions which can be very easily effected by emotions like excitement or greed.

    The way programs work is by trades being placed through the trading day and the system is based on a set of signals derived from technical analysis charting tools that create a buy or sell decision, at the points which the trader has programmed to indicate the right buy or sell conditions.

    Many people find scalping through programs effective and doable, because it does not require their immediate presence, or their constant attention.

    Over all, to become a good scalper, attention, concentration and time are needed, with a lot of practice, and having the intuition to pull out at the right time, even when the profits are too small to seem worthy.

    Visit us: https://www.xtreamforex.com/
  4. xtreamforex.com

    xtreamforex.com Member

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    What to do when you are ready to quit Forex Trading

    Every Forex trader has had a time of bad losses, big stress or any numbers of reasons which have made him decide it is time to quit trading. It is normal usual and common and people get really tired with handling all that Forex hands them and decide it’s time to give up.

    But that is the time when you should step back relax and re think the whole picture. Through those losses and hard times you can learn the most important lessons. It is a chance for you to re study your trading approach with a less emotional and more realistic mind set. Reset your goals and make a better version of your plan.

    Taking a break after having tried trading is the perfect time to gather your thoughts and become more logical and goal oriented. There are many ways to approach the situation.

    If you are a beginner then you can think of your first losses as the fee for learning the most important lessons in Forex. If you quit when you face difficulties then the money you lost was lost for nothing. This isn’t a gambling approach where losses have to be made up with profits, but a very simple and realistic fact that you can only learn Forex trading by trading, and you are bound to make mistakes and suffer losses at the start. Just like being a new driver, you always start off with on old car that you can afford to lose. You do the same with the money will invest when you first start trading.

    If you relax and ask yourself why you lost all that money then you will retrace your moves and see where you’ve gone wrong. You could have been over trading, you could have been not paying attention to the right opportunities, you could have not been cutting your losses quick enough, and maybe your strategy was flawed. This is very normal and only by trying can you progress.
  5. xtreamforex.com

    xtreamforex.com Member

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    $25 No Deposit Trading Bonus

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    Do you want to start forex trading without any initial investment?

    XtreamForex offers No Deposit Bonus of $25 – the easiest way to start in Forex. Trade without depositing and grow your portfolio. If you are a beginner, this bonus is a great opportunity for you to try out your skills and find out more about trading.

    Free No Deposit Trading Bonus

    Joining Link: https://my.xtreamforex.com/no_deposit_bonus

    Bonus size: $25

    Maximum amount of bonus: $25

    Ending Date: Available for Limited Time only.


    Offer is Applicable: Only for Sri Lanka Clients.


    How to Apply:

    · Register an account

    · Make your account verified with documents.

    · Get $25 bonus

    Bonus Cash Out: Bonus is withdrawn able with under the terms and conditions.

    Each Client receives this bonus only once.
  6. xtreamforex.com

    xtreamforex.com Member

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    Account Comparison

    Choose the account that is best for you and start trading on Financial Market Today!

    XtreamForex offers to its clients multiple Forex Trading Accounts. The trader may choose the trading account that best suits his trading experience and financial possibilities. We offer 5 types of trading accounts i.e Micro, Standard, ECN, ECN Pro, VIP account. Here is account detail to traders to take full advantage of Online Trading. Register your account and start trading with XtreamForex.

    Micro Account:

    · Minimal Deposit- $5

    · Spreads from pips-1

    · Maximum Leverage up to 1:1000

    · Minimum order size in Lots- 0.01

    Standard Account:

    · Minimal Deposit- $250

    · Spreads from pips-1

    · Maximum Leverage up to 1:400

    · Minimum order size in Lots- 0.01

    ECN Account:

    · Minimal Deposit- $250

    · Spreads from pips-0

    · Maximum Leverage up to 1:400

    · Minimum order size in Lots- 0.01

    ECN Pro Account:

    · Minimal Deposit- $5,000

    · Spreads from pips-0

    · Maximum Leverage up to 1:200

    · Minimum order size in Lots- 0.1

    VIP Account:

    · Minimal Deposit- $20,000

    · Spreads from pips-0

    · Maximum Leverage up to 1:200

    · Minimum order size in Lots- 0.1
  7. xtreamforex.com

    xtreamforex.com Member

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    Open Demo Account with XtreamForex

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    Demo Account is the great Startup for beginner!

    A Demo account is a fantastic way to gain trading experience, test trading strategies with zero risk under real markets. A demo trading account is a kind of trading simulator, or practice account that allows you to practice trading with a wide range of financial instruments, from stocks, indices, and options to CFDs and crypto currency. Gain the trading experience to Open XtreamForex Demo Account and enter the forex market with confidence.

    Advantages of Demo Account:

    · Actual trading practice in live market environment.

    · Absolutely Free: No Credit card required.

    · Access to market charts, trading signals, forex news and more.

    · Get daily free analytics.

    · Practice trading with virtual funds.

    · Test trading strategies.

    Here the link to Open Demo Account: https://my.xtreamforex.com/Account/Register
  8. rossy0309

    rossy0309 New Member

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    how much do you get on demo acc? 10.000?
  9. xtreamforex.com

    xtreamforex.com Member

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    Thanku for your reply!
    We provide for demo account 50,000 USD.
    For more information you can contact our customer support at Support@xtreamforex.com
    Last edited: Nov 27, 2019
  10. xtreamforex.com

    xtreamforex.com Member

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    Forex Bonuses and Promotions

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    Everybody loves getting a little extra. So, that’s why XtreamForex offers various Forex Promotions, Bonuses, trading Contests, Reward programs and opportunity to earn extra money in the forex market. Our Forex promotions help to trader’s to increase revenue without any big investments. So create your live account and get chance to earn more money with XtreamForex exclusive promotions.

    100% Credit Bonus: Bonus promotion gives you the opportunity and earn extra with your capital. Start your forex trading career with XtreamForex and get 100% credit Bonus.

    · Receive up to $20,000 per account.

    · Increase account leverage.

    30% Tradable Bonus: Bonus promotion gives you the opportunity and earn extra with your capital. Start your forex trading career with XtreamForex and get 30% Tradable Bonus.

    · Enjoy tradable Bonus on every deposit.

    · Deposit at least 500 USD to get Tradable Bonus.

    Everyday Payout:XtreamForex are always offer best trading services and promotions to clients. That’s why we offer many new promotions for our IB’s.

    · You can earn up to $25/Lot Commission for each traded lot.

    · Full access of your commission statement.

    · Personal account manager.

    · Multilingual support.

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