When it comes to choosing a place to trade Forex, commodities or stocks online the size of the spread that you’re offered can be a deciding factor, with narrower spreads making profits more achievable. And, right now you can take advantage of a 2 pip spread at HY Markets if you open a Premium Account, which is one of the tightest spreads found anywhere on the internet.
There are three types of online trading accounts available from HY Markets but, to be able to trade with 2 pip spreads you must be a premium account holder, which requires you to make an initial deposit of $2,500 or more. Other trading accounts at HY Markets are; Mini accounts that require a minimum deposit of just $50 and that have a 4 pip spread or Standard accounts that require a minimum deposit of at least $750 and that have 3 pip spreads.
Leading online Forex broker AVAFX is currently offering great trading promotions for new customers. For a limited time only, there are new trading account offers from AVAFX that award free cash bonuses of up to $1,200 when you first fund your online Forex account. And you don’t have to deposit millions to benefit. New Forex traders who deposit $100 or more can take advantage of this great trading offer.
The amount of Forex bonus that you receive from AVAFX depends on the size of your initial investment. There are four account types, which each have their own bonus amounts and their own depositing criteria.
For the past five weeks the price of gold has made consistent gains but many market analysts believe that this week may see the price of the precious metal retreat a little. However, this dip is believed to be a short term trend that will quickly reverse, as many traders at eToro and other commodities trading sites are predicting that gold prices are set to rise during 2012.
The price of gold fell during Friday’s New York trading session, closing at $1,740.30 an ounce, which was down on the day but marginally up on the week once again. The main catalyst for the sudden dip in the price of gold on Friday was strong US employment figures and the news of 243,000 jobs being created, which boosted the strength of the US dollar. Because gold is traded in US dollars, the stronger the dollar is the weaker gold is. This is why gold struggled against the strong dollar on Friday.
Technical analysis is one of the most valuable insights into future movements of currency markets, offering Forex traders clues about the next possible investment opportunity. And now, you can receive daily technical analysis from ForexYard, along with loads of other useful and helpful advice about trading foreign currency pairs. There are detailed stats and information covering all aspects of market trends and resistance and support levels, giving you an edge when making those all-important trades.
Leading online Forex broker ForexYard has a host of information for its traders, including; technical analysis, currency news, Forex blogs, educational courses and many other helpful and handy guides to keep you on the Forex trading ‘straight and narrow’. If used correctly, these pearls of wisdom can be a great help to you. However, it is all just advice – understanding a market doesn’t always equate to correctly predicting its movements. You should use technical analysis with other forms of market analysis to make trades that suit your budget and your trading style.
With all of the doom and gloom around the world such as civil unrest, global recession and natural disasters it seems bizarre to hear that online Forex trading is as popular as ever, with more and more retail investors taking investments into their own hands at sites such as eToro. Over the last few years there has been a huge breakthrough made by leading online Forex brokers in a bid to bring Forex trading to the everyman.
Not so long ago, Forex trading was an investment opportunity that was only available to banks, brokers and the privileged few. But thanks to the accessibility of online Forex trading for you and me, without the need for huge investment and with a massive amount of support, Forex trading is no longer an exclusive opportunity.
When you think about fixed odds financial betting the first name that springs to mind may not be Ladbrokes. Famed for their presence at the UK’s leading racecourses and on the high street of just about every town and city in the UK, Ladbrokes also offers both spread betting and fixed odds financials online at www.ladbrokes.com. And, to get you started, there’s a free £5 match bet at Ladbrokes, giving you the chance to double your winnings on your first punt.
The idea is simple. Firstly, you must register for a new Ladbrokes Financials account, which you can do quickly and simply at www.ladbrokes.com. Once you have registered for your new online financial betting account you must then fund your account with at least £5, which you can do using the following methods; Visa, MasterCard, Visa Delta, Maestro, Switch, Solo, Western Union, NETeller, bank transfer and others. Once you’ve funded your new Ladbrokes Financials account you must place your first fixed odds financial bet, which Ladbroke will match up to a maximum of £5. This means that if you pick a winner on your first go your payout will be doubled, kick-starting your times at Ladbrokes Financials. Your free bet will be credited into your Ladbrokes Financials account within 72 hours of your first bet being placed.
If you’ve never staked your own money speculating on the fortunes of currency pairs then there’s a great feature for you at ForexYard, a feature that is the perfect place for novice traders to start their exciting journey into the world’s currency markets. Practice Forex accounts are a ‘must’ for new traders, as they offer you the chance to apply your knowledge, skill and instincts without risking your hard earned cash in the process.
For decades Forex trading was reserved for the privileged few, the ‘good old boy’s of the markets, with no opportunity for retail investors like us to make a few quid speculating on the future of currency pairs. However, the arrival of the internet brought with it online opportunities that have allowed online Forex brokers such as ForexYard to offer trading to you and I from the comfort of our own homes.
Once again, the euro suffered as the Greece debt crisis continued to top the headlines of most financial news pages. The euro lost more than 1.5 per cent against the US dollar during Friday’s Forex trading sessions at eToro and at other Forex markets, and today, to make matters worse, the Greek Prime Minister has said that Greece cannot meet the agreed repayment plan required to secure the IMF bailout funds on offer.
In a cabinet meeting today, the Greek Government proposed a move that would see civil servants who are approaching retirement age being put in ‘reserve’ or being suspending at reduced rate of pay. However, this, and the many other austerity measures proposed, still won’t be enough to meet the repayment quota that’s a condition of the next £1.6 billion instalment of the total £94 billion rescue plan.
The US Federal Reserve is announced a strategy to stimulate their ailing economy by selling $400 billion of its short-term securities and exchanging them for $400 billion in long-term securities, a move that’s designed encourage lending and borrowing among US banks and businesses. However, this news caused the price of gold fall and the dollar to rise at ForexYard and other online commodities and Forex brokers.
Following the news from the Feds, the price of safe haven commodity – gold – fell by over $26 per troy ounce during Wednesday’s trading sessions. The price of gold at ForexYard fell from $1,809.10 to $1,782.60 but, most unusually, the price of silver rose during the day. Silver prices normally shadow gold prices but today things were different. As gold was shedding dollars the price of silver rose by a little under 1 per cent, while palladium and copper also made small gains.
If you’re looking for a place to trade Forex online, look no further than eToro. Award winning Forex broker eToro offers a simple and easy place to trade the world’s leading currency pairs and commodities from a PC or mobile phone but these aren’t the only eToro Forex trading benefits. There are many, many other reasons why you should choose eToro as your preferred online Forex broker.
If you’re new to the world of online Forex trading then eToro has everything you could need (and more) to start you off on your Forex journey. eToro offers a fantastic practice mode, which offers you the opportunity to trade Forex in real time at real prices but with virtual funds, eliminating any risk whatsoever. There’s also a comprehensive Forex education centre that offers a wide range of courses and advice areas where you can find out exactly how to become a successful Forex trader.
