Posted on October 30, 2009 at 12:18 in Forex by FrancescNo Comments »

Hi everyone

FXCM has just launched its site in Italian

http://www.fxcm.it/

As far as I know, FXCM is the first US based Forex broker entering into the Italian market with a site in Italiano. Only European Forex broker based like Saxo Bank, IG Markets or ACM currently offer a version of their site in Italiano.

Interesting move….

Francesc

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Posted on October 30, 2009 at 11:07 in Forex by FrancescNo Comments »

Alpari Group launches institutional trading platform Alpari Direct Pro powered by Currenex® Technology
Thu, Oct 29 2009, 14:32 GMT
http://www.fxstreet.com

The Alpari Group, one of the world’s fastest growing providers of online foreign exchange (FOREX) services, today announced the launch of Alpari Direct Pro, an institutional trading platform powered by Currenex®, a recognized and award-winning leader in the provision of innovative trading solutions to the active-trading segment of the Forex market.
Powered by Currenex® technology, Alpari Direct Pro is tailored to the advanced demands of institutional Forex investors, ranging from smaller banks and financial institutions to hedge funds and CTAs. Alpari Direct Pro delivers interbank liquidity - aggregating feeds from multiple Tier-1 and Tier-2 banks - and displays their full depth of the market for transparent pricing.
Full Story

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Posted on October 29, 2009 at 19:41 in Forex by Francesc2 Comments »

Uauuuuu!

I just got this today through my staff and I got amazed by the offer.

I do not know what to think…. either it is a VERY aggressive campaign to get new clients or that crisis is really taking a bigger toll in the Forex Brokerage industry than expected.

Just read…

(I’ll keep the name of the brokerage firm anonymous)

Francesc

………………………………………………..
There is no better time to open a Micro or Retail account at XXX and start trading on our MetaTrader 4 platform.

Open a new account in the month of October and receive an incentive bonus* of up to a $3000 on your initial deposit.

New Client?
We’ve just launched a new and improved, simple, online application. Open an XXX Live trading account in the month of October and receive up to a $3000 incentive bonus* on your initial deposit.

Already have an open account, but still need to fund?
If you have already opened an approved XXX trading account that still needs funding, you can take advantage of the Open in October New Account Incentive program. Deposit funds during the month of October and receive up to a $3000 incentive bonus.*

In order to be eligible for the Open in October promotion, you must REGISTER YOUR DETAILS HERE and be approved for an XXX Live trading account.

If you have any questions, please contact our Sales Department at XXX .

*Terms and conditions apply.

Team of XXX


Posted on October 29, 2009 at 19:29 in Forex by Francesc8 Comments »
Hi everyone
The worldwide economic crisis we are all into is not just taking a toll in the Forex Volume and the profits of the retail Forex brokers but it is also hitting Forex Portals.
In the last 3 weeks I’ve heard about 3 known Forex web sites being in sale. So far, owners are asking for big bucks for their sites, much more than what a reasonable figure of less than 10 times the yearly earnings could show.
As far as I know, the financial health of the big Forex portals is still in place so we do not have to be preoccupied about them, but it is still a little bit worrisome that some middle size portals are giving up.
Is it a consequence of bigger competition, economic crisis, lack of capacity to transform in cashing the page views growth… a combination of everything?
We will keep an eye on this
Francesc
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Posted on October 28, 2009 at 15:22 in About FXstreet.com by Francesc1 Comment »

Studying and Practicing is the key

Practice A and B now available!
They say 90% of the new FX traders blow up their account in a very short time. Why 10% only don’t? There is no magical solution, no rapid way of being consistenly profitable. Studying, practising, reading: this is how you can pretend to become a good trader. Let’s face the truth: this is a long process. The LC is your partner in this effort and the practice chapters will enable you to put your skills and knowledge to the test.

Practice of Unit B includes:
* Extra contents: Elliott Wave Principle Extended
* 4 Assessements
made of more than 270 questions (mulptiple choices, short text field questions, image selections…)

Practice A also available (one extra chapter and more than 280 questions in the assessments)

Each Practice costs only 50€! Read our FAQ to know more about these pay-per-view modules.

Do you know it all about FX? Test yourself and beef up your trading!

Buy Practice A | Practice B!


Posted on October 27, 2009 at 16:38 in Forex, NFA new requirements by FrancescNo Comments »

Hi everyone

Following the steps of FX Solutions and GFT, FXCM the leading retail FX broker is implementing too NFA’s new requirements.

New requirements should be in place on November 30th, but FXCM is putting them in place one week early and will take effect on November 22.

Important New Margin Requirements for All FXCM Micro Clients
Important New Margin Requirements for All FXCM Clients (Standard Accounts)

Francesc

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Posted on October 26, 2009 at 12:43 in About FXstreet.com, Forex, International Traders Conference by FrancescNo Comments »

Hi everyone

EUR/USD has already broken 1.50 and seems more USD weakness is ahead of us. Some predict a USD recovery while others are bearish and forecast USD declining much beyond 1.60 level.

We interviewed some of the guest speakers of the last 3rd edition of the International Traders Conference held here in Barcelona from October 14th to 16th 2009.

View their different opinions here:

EUR/USD to reach levels below 1.35 or above 1.75?
Watch the videos with Rob Booker, Ashraf Laidi, Kim Cramer Larsson and James Chen forecasts.

What do you think?
Go to FXstreet’s Forum and  tell us if you agree with Rob Booker, Ashraf Laidi, Kim Cramer or James Chen: http://www.fxstreet.com/forum/showthread.php?t=53208

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Posted on October 26, 2009 at 12:21 in Forex, NFA new requirements by FrancescNo Comments »

A few days ago, I announced here that FX Solutions was announcing they were reducing leverage offered to clients to adjust themselves to New NFA Regulation.

Today is the turn of GFT Forex

Francesc

————————————-

Dear Valued Customer,

We’ve recently learned of new leverage requirements set forth by the NFA that will change the leverage amounts available to customers. As of November 30, 2009, all major currency pairs will have a maximum leverage of 100:1 and exotic currency pairs will have a maximum leverage of 25:1.

Major pairs include any pair with two of the following currencies: US dollar (USD), British pound (GBP), Swiss franc (CHF), Canadian dollar (CAD), Japanese yen (JPY), Euro (EUR), Australian dollar (AUD, New Zealand dollar (NZD), Swedish krona (SEK), Norwegian krone (NOK), Danish krone (DKK)

All other pairs are considered exotic.

……..

Best Regards,
GFT

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Posted on October 26, 2009 at 11:48 in NFA new requirements, Uncategorized by Francesc1 Comment »

Watch it with your girlfriend/wife and share the experience :)

Francesc


Posted on October 23, 2009 at 11:42 in Forex by FrancescNo Comments »

Fidelity(R) Expands Its International Investing Platform with Launch of Direct Online Trading for Foreign Stocks and Currency Exchanges

BOSTON, Oct. 22 /PRNewswire/ — Fidelity Investments® today announced it has significantly expanded its international investing capabilities with the launch of a new online platform that can make it faster, easier and more accessible for retail investors(1), broker/dealers and financial advisors to trade international stocks and exchange foreign currencies in some of the world’s largest and most popular international markets.
Full Story

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