Tuesday, August 4, 2009

How to choose the best broker ?

There are a number of important factors to be considered as you decide on the forex broker best suited to your expectations. Assuming that you’re a beginner, you do not possess a background in trading or similar risky activities, and every single concession that you can get from the broker.

Forex Broker Ratings 2009/10

Click on the headings to sort the table

Broker ↓OptionsVotes ↓Avg. Rating ↓Weighted Avg. Rating ↓Reviews
DukascopyRate
Compare
310.08.6Dukascopy Reviews
FXDD (Regular)Rate28.57.1FXDD Reviews
OandaRate47.06.5Oanda Reviews
CMC MarketsRate18.06.2CMC Markets Reviews
FXCM No Dealing DeskRate36.76.1FXCM No Dealing Desk Reviews
Forex.comRate45.85.5Forex.com Reviews
FXCM MicroRate45.35.1FXCM Micro Reviews
GCI FinancialRate55.04.9GCI Financial Reviews
CMS ForexRate14.04.2CMS Forex Reviews
Interbank FXRate94.04.0Interbank FX Reviews
Saxo BankRate12.03.2Saxo Bank Reviews
FX SolutionsRate22.02.8FX Solutions Reviews
AlpariRate11.02.7Alpari Reviews
Interactive BrokersRate21.52.4Interactive Brokers Reviews
Gain CapitalRate21.02.1Gain Capital Reviews
ODL SecuritiesRate21.02.1ODL Securities Reviews
MB TradingRate
Compare
31.01.8MB Trading Reviews
Totals & Averages:494.34.4


Other Brokers


Broker ↓OptionsVotes ↓Avg. Rating ↓Weighted Avg. Rating ↓Reviews
ActivTradesRate110.08.3ActivTrades Reviews
JadeFXRate110.08.3JadeFX Reviews
OneCorpFXRate110.08.3OneCorpFX Reviews
AVS CarterRate29.08.2AVS Carter Reviews
Exto CapitalRate19.07.8Exto Capital Reviews
PFG BestRate27.06.9PFG Best Reviews
InstaForexRate17.06.8
Tadawul FXRate46.56.5Tadawul FX Reviews
Alma ForexRate12.04.3Alma Forex Reviews
IG MarketsRate12.04.3IG Markets Reviews
IFC MarketsRate11.03.8IFC Markets Reviews
Totals & Averages:166.76.7

why forex.com

FOREX.com is a division of GAIN Capital Group, a dedicated partner to professional FX traders and fund managers worldwide. Institutional services include IB programs, white label solutions, and asset management. Individual forex traders can take advantage of the market expertise and financial strength of GAIN Capital Group and access an institutional FX trading platform, FOREXTrader, along with our powerful real-time forex charts, professional forex market research, and suite of advanced forex trading tools. For traders new to the currency trading, FOREX.com offers forex training programs, forex minis, and information about trading the foreign currency market.

1 British pound = 1.6904 U.S. dollars

1 British pound = 1.6904 U.S. dollars

todays exchange-4th august


USD USD GBP GBP CAD CAD EUR EUR AUD AUD
1 1.69532 0.935908 1.43839 0.840385
0.589857 1 0.552052 0.84845 0.495707
1.06848 1.81142 1 1.5369 0.897935
0.695217 1.17861 0.650659 1 0.58425
1.18993 2.01731 1.11366 1.71159 1

Exchange Rates

Aug 3 - Aug 4
EUR/USD -0.563 %
CAD/USD +0.055 %
JPY/USD -0.300 %
AUD/USD -0.003 %
GBP/USD -0.651 %
GBP/EUR -0.088 %
JPY/EUR +0.265 %
GBP/AUD -0.648 %
JPY/AUD -0.297 %

Risk rally fades in forex market

Emerging market and commodity currencies gave back some of their gains on Tuesday after an impressive performance in the previous session

U.S. Dollar in Forex Trading

The U.S. dollar has moved into mixed territory today in forex trading, after seeing a rebound earlier. Ben Bernanke's op-ed piece in the Wall Street Journal, and expectation of his testimony before Congress today sent the greenback a little higher. However, things have cooled off a bit. The dollar is higher against the sterling right now, but down against the euro in forex trading.

Forex Trading with Instant Income - Dream or Reality?

Achieving an instant income from Forex trading (currency trading) online is a dream of so many traders yet so few actually manage to turn their dreams in to a reality.

The question is why? We all know there are traders out there making a fortune so we know it is possible.

What most people want to know is how these traders can come to earn so much that they not only make a living but also earning more in a month than most people earn in a year.

Well, the good news for you is that I am one of the people who do make substantial profits from forex trading and I have put together this resource site to help people like you achieve the dream of an instant Forex income.

Why not get started straight away and take my quiz that will find you your perfect broker? Click the image to your right to start.

Alternatively you can use the table below to choose your broker yourself. All of the products I recommend I have personally used myself and I can vouch for their reliability.

Top Rated Forex Trading Platforms

1st Choice:
2nd Choice:
3rd Choice:
Min Deposit
$200
$50
$100
Credit Cards
Yes
Yes
Yes
Platform Type
Online
Download
Online
Free Demo Account
No
Yes
Yes
Pip Spread Value
Excellent
Excellent
Average
Leverage
Excellent
Very Good
Good
Loss Protection
Excellent
Good
Good
Customer Support
Excellent
Very Good
Average
Overall Rating
Excellent
Very Good
Average

Forex Trading: Profitable or Risky?

Forex trading has become very popular in recent times as a way of making money on the side using extra funds. In fact, a few people have even been able to turn their Forex trading activities into a regular source of income. When you play on the Forex market, you are running a risk, but you are doing so because Forex trading offers you an opportunity to make a good profit. It is not for everyone, and certainly not for people who are risk-averse and very cautious about money. It also requires a person who is willing to do the work of studying the market, because being able to read the market trends is crucial in making a profit out of Forex trading.

Forex Robots, What What To Know To Find If They Work.

The Forex market is a $3 trillion dollar business! Whether you knew this or not, it is a fact. A lot of people hear that they can make huge amounts of money from Forex. Even if they know nothing about Forex, they are still drawn to it because of what they hear. (and this is not a bad thing)

Trading Robots to help trade Forex has been around for many years. It is only recently that the software has actually been refined to such a degree that it can be put to good use and make good consistent profit. A lot of time and money has been put into these Forex trading robots by their developers to ensure that they working. These very people have also been making a very good living from the Forex markets in the process. I will show you that they are not all equal, but they do actually work.

Recently the Forex market has become one of the most popular, exciting and profitable business models worldwide! You will find some hardships in the Forex market though. The trader is trading all types of currencies and might even have some sleepless nights. Understanding where the money is moving and getting to grips with all the complex algorithms can be a bit of a mystery for the new Forex trader. This is where Forex trading Robots like Forex Megadriod, FabTurbo, etc. come in handy. They can easily give you the edge that you need to be a successful Forex trader!

Using the earlier versions of the Forex trading Robots was a bit like going to the casino and gamble, and usually the Forex market won… A lot of people have lost money with these. Luckily the new Forex Robots has come a long way over the last couple of years. Some of these Forex trading programs are showing track records of 93% to 95% wins, just incredible!

A FOREX Seminar Empowers Your FOREX Trading

Why is a FOREX seminar necessary for YOU? Because…

  • YOU want control of your financial future
  • YOU want the ability to improve your lifestyle, and
  • YOU believe in YOU

But, you know all that already. What you don’t know yet is that FOREX seminar is your only chance to receive an elite FOREX Trading Education, one that will prepare you fully to achieve a level of trading success that you have only dreamed of until now.

Online Currency Trading with dbFX

dbFX is Deutsche Bank's online margin forex trading platform for individuals and small institutions. As the world’s leading FX liquidity provider*, Deutsche Bank brings the benefits of the foreign exchange market to you on a state-of-the-art trading platform tailored to your needs.

World-Class Forex Trading Platform

World-Class Forex Trading Platform

Designed to provide traders with comprehensive market information and quality execution. Key features include advanced technology and customisable risk management.

SYNTHESIS becomes SAXO Bank (Switzerland) SA


Saxo Bank SA is a modern business bank specialising in online investments. It enables customers to trade currencies, equities, CFDs, futures, options and other derivative products and portfolio management via its online trading platform - SaxoTrader.

One of the main major business areas of Saxo Bank SA is the development of neutral facilities. This consists in the development of customised versions of its online trading platforms for other banks and brokerage houses, with in particular more than 100 partners serving customers in 177 countries.

Saxo Bank SA with headquarters in Denmark, has branches in Geneva, Zurich, London, Marbella and Singapore, a representative office in Beijing and a computer centre in St Petersburg, Russia.

Expansion to other parts of the world is part of Saxo Bank SA’s growth strategy.

Bank of America makes money and the stock market … dives?

What happens when one of the giants in the troubled banking industry reports much better than expected earnings?

If it’s the third Monday in April, the answer is that whole stock market takes a dive, as does the share price of the bank in question.

That was the story as Bank of America said it earned more in the first quarter of 2009 then it did in all of last year.

The problem: That $2.8 billion quarterly profit was dwarfed, in the view of investors, by the risks to the bank posed by rising loan losses on everything from credit cards to commercial real estate.

The Dow Jones Industrial Average lost 290 points, or 3.56 percent, Monday. Bank of America, a part of the Dow index, lost 23.4 percent in the value of its shares.

Maybe It Should Be The Bank of America Stock Exchange

Themis Trading’s Joe Saluzzi reports trading volume in Bank of America Corp. shares made up 17% of New York Stock Exchange composite volume Wednesday.

The Charlotte, N.C.-based bank, which issued more than $13 billion in new stock late Tuesday, traded more than 1 billion shares. Overall, financial stocks including B. of A., Citigroup Inc., Wells Fargo Corp., J.P. Morgan Chase & Co. and some exchange-traded financial funds, represented 39% of NYSE composite volume, Saluzzi said.

B. of A. also topped the list for Selling on Strength, which tracks stocks that rose in price but had the largest outflow of money .

As noted in this earlier post, financial stocks ended up leading the markets lower after word came from the Fed that central bank officials expressed increased pessimism about the economy late last month.

Shares of Bank of America rose 3 cents to $11.52.

Bank Of America Corporation Stock Charts

The bank of America is 2nd largest company on stock market.

Sunday, August 2, 2009

pound starling

unit:1
Buying in Rs:126.37
Selling in Rs:127.37

Euro

Euro
unit:1
buyiing in Rs:107.88
selling in Rs:108.72

Nepal Rastra Bank Forex 3rd August

american dollar
unit:1
Buying in Rs:76.40
Selling in Rs:77.00

Forex Today

IndianRs
unit:100
buying in Rs:160.00
selling in Rs:160.15

Standard Chartered Bank on the lead on stock market

per share max-5700
per share min-5680
saled shares-1179

IME to open more 15 branches this year

IME financial instituition to open 15 more branches this year through out the nation.On the occasion the 5th anniversary, 5 more ATM machine would be added,said the source.the company has been providing the banking services throoghout the year. It said that it will start the MMS banking soon.Till the date it has collected the 206 billion on saving and invested 275 billion on loan.

Vibor Shares on Market

Vibor primary shares were got by 57,966 applicants.For the shares of the bank 1,03,ooo applied, said the bank.After 49 days , the announcement of the shares 26,52,000 shares have been distributed.The manager for the sales of the shares was NMB.