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Yesterday i posted about tiny guide to start your online forex trading. And this day, I want to share some reasons on why you should choose fxopen as your online forex trading broker. Here come 24 points listed as some benefits and features of fxopen

• Without Commision

• Allow low spread begins at 2 pips
• No minimum start fund (recommended USD $100)
• You can use your local bank account on country supported by fxopen
• Transfer feature within account to help make a deposit and withdrawal

• No additional fee to make deposit and withdrawal

• No suspended account of limited transaction
• You can use multiple accounts
• Swap free 0% bonus
• Direct execution
• Fixed spread although in hectic and volatile news condition

• You can choose leverage start from 1:1 until 1:500 (leverage 1:500 only applied to capital below  USD$100,000).

• Get minimum margin until 0.2% (for leverage 1:500)

• You can use mini forex account with minimum contract size 10k (0.1 lot)

• Simple registration process, only 10 minutes

• you can run fxopen software on PDA without additional fees

• Customer service 24/5 by phone
• Supported for 11 languages (include English, French, Russian, German, Chinese, Indonesia, etc)

• You can run automatic trading with Robot Script (EA)

• Full Hedging with no limit

• Complete and Professional Chart Indicator

• Realtime

• Easy to use and user friendly

• Low bandwith comsumption

There are many instruments and tools to help your forex trading run smoothly and under control. As example, you can choose fxopen as your trading platform. by opening standard account, you will get some extra bonus to take a forex trading exercise. And within time, your ability will increase and you’ll ready to take the real forex trading. FXopen propose to start forex trading in $1 for micro accounts and $25 in mini accounts. it’s leverage up to 1:500 in standart accounts.

When you start to do real trading, then you must have some credits in your accounts. With minimum transfer fee, you can use Liberty Reserve for your wallet. Open your accounts with this payment processor, and you will be able to withdraw your credits later to your local bank accounts.

Be sure to keep update with signal indicators, remember that forex trading is really fluctuative market. This signal will keep you up to date with trading condition. You can use Dolly, the sexiest one and it’s free. Also one site to make your trading stay under control, you can analyze market with forexfactory.

Happy online forex trading

There were 3 Forex Trading trends. Trend Up, Down and Sideways. If markets sure with trend then you should not hesitant to open the position, study and concentrate against the market that trend will make you produce money more of the beforehand. Make a try in H1, H4 and D1 timeframes.

Don’t be confuse, convinced yourself to be successful

In case of using online forex trading, there is a tip to save your money. Don’t discard your money in Real Account Forex. It’s better if you practised beforehand in virtual account or see demonstration of the account to adjust you with available facilities in the broker as well as the indicator that you use.

Practised in the Real account indeed will train the management of money, emotions and your time in a real manner, if you were ready then will have the experience that was not appraised him but if being not ready then you will think this the wrong business. If you were not yet ready better used virtual account or the demonstration of the account so as you could find your trading style, might not take part in the indicator model of the other person, what was used by them not necessarily be suitable that was used by you.

Forex trading isn’t gambling that only relied on luck when producing money, you need to analyze and build strategy  exact to trading. If you open the position without heeding the analysis and the indicator, you were just the same as you were gambling. Gamblers finished and produced his money in overnight but not for Forex, you tried to finish a little and to produce more than 100 fold times from that was finished by you. Try to get Forex Trading as your long-term business, don’t dream to become suddenly rich in overnight.

Forex trading has many advantages and many reasons why you should become a world currency trader. There are many trading market that settled in fixed locations and operate on limited working (trading) hour, but the forex market is open 24 hours a day.

Time is money, so that you will take advantage of this large operation time and can set your own trading hours. Whether it’s morning, afternoon, or midnight not limited by five or six hours in working days.

In forex trading, trader has ability to trade on high leverage. it’s common to find that forex traders are hold a trading at one hundred to two hundred times their capital. Off course, this will lead to high loses risk as well as high gains. But, within forex market, risk management is under tight control.

World forex trading always involves two currencies so that if you are go down on one currency then you are up on the other. There is always the chance for making a profit whether the market is rising or falling.

Never allow long lose Online Forex Trading in a day. After a race of losers, make sure you turn off the screen and do something else. The key is to not let your emotion involve, because it’s your number one enemy in the day you lose. The easiest way is stop the trade for this day.

The trend is your friend. This is particularly true in the currency of markers. Do you still have market models, but it is the best, depending on prevailing trends. Never fight, but the trend is sure that, in line with the trend.

During the phase of exhaustion on the market, regardless of whether down or up, risk managers are often a liquidation value of the offset position commands. The problem lies in the fact that they are not usually see on the monitor screen, exceeds what is overbought or, more often they exist, the liquidation orders. For any price - Not in their path.

If you find that your selected markets offer sufficient opportunities so you can achieve your goals, you should check if your capital can circumvent. Many systems require several open positions at a time when the objectives to be attained within a specified time. This means that your capital can be stretched or not manage themselves. The size of your market position is a part of your capital, and also, if you leverage effect and the margin required.

What is the average profit per trade? This is your total net income divided by the total number of your Trades (if your system has then a net loss it’s no good - of course). If you know that the average profit margins through the conclusion of your system on a decent sample, you can determine the number of trades, you need to achieve your goals.

How reliable is the system of production for trades compared to lose, trade and does it for you? The last part of this question is the most important part. The reliability of the system will not tell you their profitability. It indicates your report to gain from losing trades trade, and this is a psychological question. Do you need more time rightly, as evil? That is the simple question you need to answer.

Risk is what you’re willing to lose by trade. Your exit strategy aid to the determination of this factor, but also gel with you, because your risk by trade is an important factor in your loss. More risk, the higher the mobilization and you must know, the maximum loss you’re willing to tolerate.