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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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    XtreamForex- Forex Trading Products

    Choose wide range of Forex Trading Products and create your investments portfolio including forex, shares, indices, crypto-currency, metal and energy. XtreamForex offers more than 175 forex trading products. Register your account and Get extra benefits.

    Forex: The foreign exchange market is the world’s largest trading market. XtreamForex offers opportunities whatever the volatility in the market. You can Trade more than 60 major, minor, and exotic currency pairs with 0.0 pips.

    Indices: Start trading on major Indices. Indices are financial derivatives that are calculated as a subjective average of share prices of top performing companies. At XtreamForex you can find some of the top indices such as NAS100, SPX500, US30, ESP35 and much more.

    CryptoCurrency: XtreamForex offers to clients many digital currencies. You can trade with world most traded digital Currencies like at Bitcoin, Litecoin, Ethereum, and many more. You can start trading anytime or anywhere.

    Stocks:With XtreamForex you can buy stocks CFDs in the world’s biggest companies. Our CFD Stock allows you to buy and sell shares in major corporations listed i.e US, UK AND EU companies


    Check our more Forex Trading Products
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  2. xtreamforex.com

    xtreamforex.com Member

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    Learn How to Trade Forex?

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    Many people that want to learn to trade on the Forex market feel that they lack the time spend to sit in front of their PC for hours on end watching the market News, about forex, and Forex basic concepts. No need to spend more time there. We provide Trade forex related steps here:

    Forex: Forex is a conversation of one currency to another. Forex or foreign exchange or currency trading is a worldwide open market for currency trading. This means that the Currency prices are daily Fluctuating against each other, and offering multiple trading opportunities to all entire the world.

    Forex Trading Steps:

    1. Choose a currency pair: Firstly decide which currency pairs you want to trade. With over 65 currency pairs you select the best one that is right for you or for your earning process. Fundamental research tools can assist you spot currency trading opportunities to suit your trading style. We suggested that you take your time to understand the amount of price volatility associated with the currency pair to help manage your risk.


    2. Decide on the type of forex trade: In the forex trading you buy Lots, in the unit of base currency. In CFD Trading you trade a quantity of CFDs in the unit of base currency. In spread betting you trade pound per point movements etc.


    3. Decide to buy or sell: Once you have picked a market, you need to know about currency price, which is done by bringing up an order ticket on theplatform. Every pair is base and quote currency. The base currency is the currency on the left of the currency pair and the quote currency pair on the right sides.

    How do I Trade Forex?

    · Learn concepts of how the forex markets works.

    · Open a Forex Trading Live Account.

    · Build an Excellent Trading Plan.

    · Choose best fit trading Platform.

    Trading Benefits:

    · High Liquidity.

    · Trade on leverage

    · 24/5 Live support

    · Regular opportunities

    · Trade anytime from anywhere.

    More information related Forex Trading visit here.

    Must Read: Why do we need Money?
  3. xtreamforex.com

    xtreamforex.com Member

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    Most Interesting Facts about Forex Market

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    Forex Market is world’s biggest Financial Market. Still many people see Forex as a boring industry, one that demands the constant task of heavy analysis, stress and risk. But if you look deeper into the market, then you will see dynamics and the profit generation opportunities turn it in a lucrative option for making more money or even starting a business.

    Here you can read some most interesting facts about Forex Market if you are start trading in Forex Market.

    1) Forex Market is considered to be the Largest Financial Market in the World where you can buy, sell and speculate on currencies. Approximately 5.3 Trillion Dollars traded daily in Forex Market which is more than future and equity market combined.

    2) 85% of all Forex Trades occur on only major 7 currency pairs: EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, USD/CAD, and USD/CHF.

    3) 66% of US Currency is held overseas by private individuals, foreign governments and institutions.

    4) 90% of all foreign exchange transaction includes US Dollar.

    5) 41% of all Forex transactions are conducted in United Kingdom, whereas only 19% happen in US and rest 40% transaction accounts in other part of the world.

    6) 5% of total volume in forex is attributed to retail traders. Approximate 99% of the retail traders can’t turn in a year’s worth of profit.

    7) GBP/USD is also known as cable. Back before fiber optics and satellites, stock exchanges in London and New York communicated by a long steel cable under the Atlantic. Because of this, GBP/USD is still called the ‘cable’ today.

    8) 44% of Forex Traders are between the ages of 25 and 34.

    9) 11% Female Traders represent Forex Market.

    10) 180 Currencies are used in 195 countries across the world.

    11) Kuwaiti Dinar is the world's strongest currency and has the highest currency value.

    12) Germany has the largest global Forex Players.

    13) Forex Traders are referred to as Bull and Bear. The Bulls are optimistic ones who believe that Forex Market will go up at a particular time while bear traders believes that price will fall.

    14) 4X Volume of trading in Forex compared to the Global Gross Domestic Product.

    15) 53X Foreign Exchange Trading Volume compared to NYSE.

    Forex Market is one of the Largest International Financial Market in the world. To make large profit Open an account with Best Forex broker.
  4. xtreamforex.com

    xtreamforex.com Member

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    Christmas Special Offer!

    $30 No Deposit Bonus from XtreamForex

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    Don’t miss out! Go and Grab this Opportunity. Start your live trading with a $30 no deposit bonus offer from world best Forex broker in the market. Enjoy Live Forex trading without any Deposit as well as any risk. With XtreamForex it is easy to make money trading Forex. We make every effort to provide the best customer experience and give the widest opportunities to our trader! Best Opportunity for beginners.

    Offer Applicable: All new Traders.

    Offer Availability: Limited Time Only.

    Bonus Amount: 30USD

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

    How to Apply:

    • Open a New Live Trading Account

    • Pass the personal data verification procedure.

    • And, Get $30 no deposit bonus.

    Note: $30 No Deposit Bonus trading account will only be approved after call verification.
  5. xtreamforex.com

    xtreamforex.com Member

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    Avoid these Common mistakes while trading!
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    Trading has become more accessible than eternally for beginners. First thing, if the risks are coming don’t scare you away from trading, you need to become familiar with some common mistakes that lead up to from failure position. Avoid these mistakes in your trading, your business runs better. Here are some mistakes to avoid:
    • Trading without a strategy: It is crucial that you approach trading as a business and create a strategic plan that includes short- and long-term goals, the amount of capital you have available and a plan of action. You need to establish what you will be trading. A good trading plan needs to be concise, objective, researched and continually evaluated at standard intervals.

    • · Not Following Stop-Loss Orders: Setting and following a stop-loss is very vital for success in day trading. Stringent stop loss is to put a limit on the losses before they grow big. Losses below the security gap do not blight the trader. One of the common mistakes is when any client crosses a stop order after losing. This mistake commonly happens in the anticipation of a reverse course.

    • Risking More Than You Can Afford to Lose: The key part of your risk management strategy is to establish how much of your assets you are willing to risk on each trade. Day traders superlatively should risk less than 1% of their capital on any single trade. That means that a stop-loss order closes out a trade if it results in no more than a 1% loss of trading assets.

    • Not waiting for the right trade: A new day a trader must reveal the patience required in waiting for the right trade to match what the technical analysis indicates. Experienced traders wait for the right timing instead of forcing a trade, entering at the erroneous price, and overtrading their accounts

    • Trying to Anticipate the News: Many pairs rise or downfall sharply in the wake of scheduled economic news releases. Anticipating the direction the pair will move, and taking a position before the news comes out, seems like an easy way to make a premium profit. It isn't. Often the price will move in both directions, sharply and quickly, before picking a continual direction.

    Forex Market is one of the Largest International Financial Market entire the world. To make a large profit Open an account with Best Forex Broker.
  6. xtreamforex.com

    xtreamforex.com Member

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    XtreamForex Live trading Contest 2020!!

    The biggest offer of the year is here!! XtreamForex has launched Live Trading Contest 2020 for real traders. Both new and existing traders can take part in the Trading Contest. Join this contest and grab the opportunity to race head to head with renowned and experienced forex traders all over the world.

    How to Apply:

    1. Open a Live Account with XtreamForex.

    2. Verify your account.

    3. Deposit $500.

    4. Trade and win up to 31,000 USD in cash


    Contest prizes:

    >> 1st - $13,000

    >> 2nd - $10,000

    >> 3rd - $7,000

    * The place from 4-13th is rewarded with $100 each*


    Joining Link: https://my.xtreamforex.com/LiveTradingContest2020


    Registration Dates:

    Start - 20th January 2020

    End - 29th February 2020


    Trading Period

    Start - 1st March 2020

    End - 31st March 2020


    Result Announcement - 3RD APRIL 2020

    Contest Availability: WorldWide

    Note: Traders, who already joined XtreamForex, can directly participate in this contest from their member area!

    Live trading Contest 2020.png
  7. xtreamforex.com

    xtreamforex.com Member

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    What Type of Trader are you?
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    In the Forex trading market for beginners, it is very important to learn how to do forex trading and what type of trader you are. Learning is important before doing anything and especially in forex trading because the forex trading market is very volatile and there is most of the chance to lose money. Read to know about what type of forex trader you are.

    Four types of Forex Traders:-

    1. The Scalper Trader: -Scalping is a trading style specializes in profiting off small price changes, generally after a trade is executed and becomes profitable. Scalpers hold their trades for a few seconds to a few minutes at the most. Their main motive is to grab very small amounts of pips as many times as they can in a day.

    2. The Day Trader: - Day Traders are those who take their trades at the beginning of the day and then with the end of the day they closed their traders. They finished the day with either a profit or a loss. These kinds of traders do not hold their trades overnight.

    3. The Swing Trader: -Swing traders are those who hold their trades for many days. This type of traders can’t monitor their charts throughout the day and they have taken too much time to close their trades as they always wish to swing the market so they can close their trade in profit.

    4. The Position Trader: -The Position Traders are those who hold their trades for several weeks, days, months and some time for years. Position Trading is pretty much opposite of Day Trading. This is the trading that suits for a super patient, witty and long-sighted traders who have a real feel for the markets.


    You become the best trader in the future. Join XtreamForex
  8. xtreamforex.com

    xtreamforex.com Member

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    STP Forex broker
    STP stands for the straight Through Processing or STP broker, it will directly send the order to the traders with the market movements. STP broker means that provide the market without dealing desk intervention to the straight to the liquidity provider to the market.


    STP Broker or Straight Through Processing intermediaries is the name given to dealers that, an endless supply of a client request, will give the requests straightforwardly to their liquidity provider. Liquidity provider can incorporate a Bank, a Hedge Fund, Investment partnerships, or another specialist, and as such no middle person in the request will be included as it were the STP representative won't channel the requests through a Dealing Desk. The nonattendance of a Dealing Desk agreement is the thing that makes the traders electronic exchanging stage STP.


    Reason Why to Choose STP Broker
    An STP Forex broker is rather repaid through a markup on the spread it gets from its liquidity supplier as well as commissions forced for each trade. As most liquidity suppliers of STP dealers are put money on the Interbank advertise, most of which offer fixed spreads and are showcase authors, this permits the STP broker to give both fixed as well as factor spreads to its customers.


    ● Each time a client exchanges through an STP stage, the STP merchant will consistently make a benefit. As STP agents don't exchange against client orders, they add a little markup to the spread they get from their supplier while citing an offer/ask rate. The STP broker will apply this markup by a specific measure of partial pips to the offer and ask the value it gets from its best offer/ask liquidity supplier before passing the rates onto the customer by means of its electronic stage.


    In any case, one of the preferences among STP execution is that the intermediary never makes benefits on customers' losses since the organization picks up its net from various executed requests and progressively keen on the trading sizes.


    ● The best STP Forex representative is a vital decision for any dealer in its effective exchanging experience, as you may see lots of low means or offer among the business recommendations. However, the reality continues as before, just Regulated agents are continually supervised in all phases of activity, so keeping up secure broker's cash the board, convey reasonable managing conditions and might be considered as protected to exchange with.


    Click here for more information:- STP Forex Broker
  9. xtreamforex.com

    xtreamforex.com Member

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    Technical Overview of EUR/USD, GBP/USD on Currency Pairs!
    EUR/USD

    Seems Bear Flag on 15-min Chart

    The EUR/USD will look at the south with the 15min Chart that will report the bear flag at breakdown.


    The pair will reach the bearish continuation pattern that will open the doors drop at 1.13 level as per the target.


    It will psychologically reach the level of support of 1.12. It will follow the flag breakdown that will accept the pair above the 1.1242.


    It will immediately go to the bias bullish turns above the level 1.13 on thursday. It will also confirm the descending triangle breakout into the 4 hour chart and expose the June high at 1.1422.


    The pair will be trading largely at 1.1234 that will put a high impact on the currency pair and it will reach the level high at 1.242 this friday.

    GBP/USD
    The cable pair will seem at the reversal on GBP/USD that will jump to 3-1/2 highs on this Thursday indicating the demand of the bullish pattern.


    The risk reversal rose to -1.00 that will seem the higher at March 11, that will hit the low of -6.6 in March. The GBP/USD gauge increased from -2.15 to -1.00 in the last three weeks.

    The cable pair will contradict and reach the level decline from 1.28 to 1.2252.


    It will clearly say that the option of the market movements and the GBP/USD pair will position the upswing.


    According to the Press time thepair will be trading largely unchanged at the level near the 1.2462.


    Up Coming Events

    · AUD Retail Sales m/m

    · CNY Caixin Services PMI

    · INR Markit Composite PMI


    For more information visit us:- https://xtreamforex.com
  10. xtreamforex.com

    xtreamforex.com Member

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    What should you consider while choosing the Best Trading broker?


    Foreign Exchange which is also known as Forex, is the largest and the most liquid market in the World, although, it is highly unpredictable. One needs to be extremely precise about the ongoing market situation and trading technicality. In Bygone days only high profile people used to trade in Forex because of the hefty amount used in trading which was certainly impossible for the layman. However, things have been changed with this contemporary era; the market is full of brokers, financial advisors who help the traders to decipher the unfathomability.

    How to choose the best Forex broker

    It is inevitable to state that choosing the best Trading broker is a herculean task as the market is overly crowded with them Nevertheless, not impossible. Always remember the below-mentioned fragments while selecting the broker suitable as per your requirement.

    1. Regulation

    The first and foremost requirement is a background check, that is the broker should be regulated by a competent regulatory agency. So that trader would have the assurance that the broker has met all the operating standards. The prominent need is to maintain the segregated account for the safety of the client’s deposit.

    2. Trading Platforms

    The trading software is a bridge to the trading world. You must ensure that the Platform provided by the broker is the most reliable and accurate. Most of the broker in the market has a plethora of option able platforms to choose from. Sometimes the organization even has the self-designed software which is planned according to the client’s need; hence, no doubt these are often with the latest technology.

    To embark on, the main motive of a good broker should always focus on providing a superior selection of software that could enhance the quality of trading as per the client’s suitability. As it depends upon the traders what source they prefer, a fraction of them goes for mobile phones while others are more into the desktop. There is a high possibility that any broker you choose will have the Metatrader4.

    Always remember to look at the following attributes the platforms have to offer:

    2.1 Overall Charting Package

    2.2 Multiple Technical Indicators

    2.3 Risk management tools

    They seem to be very normal at the initial phase, however, they apparently, play a vital role in the future for superior trading, hence, traders should consider these features.

    3. Trading Products

    To embark on the journey of trading, the most important part is to select the product which you desire to trade with. There is no iota of doubt that trading in Forex is exciting and profitable as compared to other products but at the same time, you can try your hands on oil, gold, and all the exotic products.

    Furthermore, one should focus on Currency pairs offered by the broker, while there are amazing deals with currencies available on the market but the question arises to choose with the high liquidity such as USD/EUR, USD/JPY, USD/GBP, and many more.

    4. Customer Service

    Forex Trading takes place 24 hours a day; therefore, customer support should always available for the trader. Fast execution of every problem is required to mitigate the stress and frustration. So talking with a live person on the call is often a beneficial activity. Always seek a broker who can offer a one-time resolution with a capacity to answer all the questions in regards to spreads, leverage, about the company details. They should have a thorough knowledge and a quality to educate the trader.

    Bottom Line:

    To recapitulate, If you have confidence in your broker you will able to achieve a good result with their assistance and will be halfway through to conquer the most competitive Forex market through understanding the criticality and trading strategies in the best possible way. So, be Assertive and throw caution to the wind every time while talking to your broker.

    For more information visit us:- https://xtreamforex.com

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