Forex Trading has the advantage of being more liquid than any other market, including the Futures Market. With the average daily volume in the Forex Market reaching close to 5 Trillion and the daily volume in the Futures Market reaching 50 Billion, there is no comparison. The liquidity in Foreign Currency Trading (Forex) surpasses that in the Futures Market. This goes to show that Forex is highly lucrative than any other market in the world including the Futures Market.
24 Hour Trading:
Another advantage the Forex Currency Trading System (Forex) has compared to Futures is the fact that you can trade 24 hours a day and five days a week if you want. The Forex Market is opens longer than any other market in the world. If a person is serious about making money in the Forex market event happening around the world can be a good advantage for any Forex trader. You won’t have to wait for a market to open in the morning. You can trade from your computer instantaneously.
Here are the major currencies that you can choose from to trade:
• US Dollar (USD)
• Japanese Yen (JPY)
• British Pound (GBP)
• Swiss Franc (CHF)
• European Union Euro (EUR)
• Australian Dollar (AUD)
• New Zealand Dollar (NZD)
• Canadian Dollar (CAD)
Here are the major Forex winning tips:
1)Ensure that trades are taken after observing resistance or support level
i) If you have missed the point or were not there ,move to another currency pair.
ii) Do not place a trade because are in the trading room.
iii) Ensure that every condition/parameters are right for you take a trade.
iv) Do not yield to external interference/influence.
v) Do not yield/trade under pressure.
vi) Remember that “tomorrow is another day”.
2) Always maintain a business mindset and not a gambling mindset
i) Gambling mindset would make you to negate the rules.
ii) Forex is investment and investment all over the world is guided by rules
iii) After a string of losses,please give yourself a break.
(a) it doesn’t mean that your trading system or indicators are wrong
(b) it doesn’t mean that your decision to buy or sell was wrong
(c) the market might be in one of its random movements either due to news or erratic movement
iv) The same trading system or indicator could cumulatively be profitable over a period of time,either monthly or bi-monthly.
3) Do not rue over past losses or trades that you didn’t take
i) Profitable opportunities are always there.
ii) Remember that forex will always outlive you.
iii) Inexperienced traders are fond of speaking in the past,instead of focusing on the present.
iv) Remember to always recollect the rules, observe it and apply it accordingly.
NB: Always note that InstaForex offers traders the best trading platform in the market right now.
By Paul Odibeli
Hurry up to take part in “Hyundai Sonata for Nigeria from InstaForex” campaign! To stand a chance to win the “Hyundai Sonata you have to fulfill a few simple requirements:
1. You need to have an InstaForex Account. If you don’t have an InstaForex Account yet, Click here to open a qualifying account now.
2. Deposit your trading account with at least $1000; Click here to fund your Trading account.
4. Click here to Register for the campaign on the Registration page;
4. Make trades with total volume at least 500 lots. Campaign is open between November 30, 2015 and April 28, 2017.
Thus, in spring 2017 the lucky one will take the keys from stylish and city roomy sedan Hyundai Sonata. Take part in campaign and win the main prize!
- Minimum Deposit of $1 and a 1:1000 leverage. InstaForex started allowing of Forex trading with only $1 deposit and they still offer it till date. At a time most brokers had minimum deposit at $100. Its often surprising that which has many millionaires’ traders can also accommodate many traders with $1, $5 deposit. But no matter what the deposit is, they still offer same and equal services for every account because their funds in the Forex market are in billions of dollars.
- Good bonus system – InstaForex Nigeria offer several bonuses to its clients including bonuses like 30%, 55% etc. the best part is that these bonuses are tradable which many brokers are trying to imitate. Other brokers will remove their bonus from their client’s account when the customer is losing and this eventually causes the client to lose all his funds. This is not so with Instaforex, InstaForex broker allows the bonus to buffer and support the client’s capital throughout.
- live chat is so much helpful- no delay to response on some problem..But we know it is easier to deliver effectively to a small range of people than to a large amount of people. You can compare IFX with Facebook. Facebook is becoming bigger everyday but their service is not depreciating (don’t compare it with google because if you call google support, there is a great chance that no one from other side will answer your call), InstaForex Nigeria support service is better because is gives clients within Nigeria the opportunity to have issues regarding their accounts resolved locally.
- No cheating.- Most brokers offer the same amount of spread but this is what newbies will discover. Some cheating brokers will offer a spread of 0.3 but when you want to close your trade their platform will prevent you until 0.3 or more values have been added to that trade. InstaForex does not exhibit this type of fraud. A client once complained about a broker that he could not close a profit trade until 4hrs later after so many attempts and requotes. He eventually closed that trade in a loss. This is pure cheating.
- Payment processors-Most payment processor are available for Instaforex customers. Instaforex suspended using Webmoney long before other brokers realized the difficulties experienced by clients using that processor. This shows that Instaforex is very conscious of their clients best interest. Instaforex encourages fast withdrawal and are pioneers in the internal use of Wallet system and local deposit and withdrawal system. InstaForex even offers clients the opportunity to fund and withdraw from their accounts locally. For Instance, in a Country like Nigeria where Wire transfer is difficult to do, clients now funds their InstaForex Accounts in minutes by just making an internet transfer deposit or Cash Deposit to InstaForex Nigeria Bank account.
- Demo Contest– unlike other Brokers, Instaforex care equally for the very rich and the very poor spectrum of their clientele. There are clients that have the trading skills but lack the capital to trade with. To help such clients they introduced so many types of contest from weekly to monthly type with cash prizes that are credited onto live accounts from which these clients can trade and earn profits for themselves. This way InstaForex has made itself well loved by vast range of Forex traders. Several Nigerians have won thousands of dollars from such contest and this became their start-up capitals.
By InstaForex Nigeria
Terms & Conditions:
We raffle off an Android!
Join the campaign right now and grab a chance to become a lucky owner of a Samsung Galaxy S4 Phone. To take part in the prize draw, you need to register on this campaign page by opening a Live Trading Account through this Link OPEN LIVE ACCOUNT. Then after, you need to deposit your trading account with at least $100 to Boost your chances!
You can open even several Live Accounts with InstaForex and boost your chances to win!
Please bear in mind that Samsung Galaxy S4 is raffled off only among clients from Nigeria. Hence, it also multiplies your chance for the victory.
This campaign will last until December 22, 2015. The winner will be determined by the a Raffle Draw that will be picked by a 3 year old little Girl. The trader whose trading account will be picked by the 3year old Little Girl will be declared the owner of the Samsung Galaxy S4 Android Phone.
Take part in InstaForex Fund and Win!
If you have any questions concerning this promo, please send an email to [email protected] or call 0813 345 0038
Get 30% Bonus on Every Deposit to your InstaForex Account
InstaForex Company offers the unique opportunity of receiving the Welcome Bonus to a trading account. Every client can get 2 types of bonuses: Fixed Bonus (30/110/200/1000/5000 USD) and Welcome bonus 30% from deposit. The only condition: you cannot request both types of the bonuses for same trading account.
In order to receive the Welcome Bonus, it is necessary to complete the registration procedure of live trading account* and fill the application form for the Bonus receipt. Each of the mentioned above procedures is simple and doesn’t take a lot of time.
I Step. Registration of a live account
Registration of a live account is possible at the page “Opening of trading account”. Any type of trading account is appropriate to the bonus receipt. In case the client opens an account in non-USD currency, the Fixed Bonus will be converted into the currency of the account.
II Step. Depositing
For receiving the Fixed Bonus, it is necessary to authorize a trading account by means of depositing:
not less than 100 USD – for Bonus 30 USD;
not less than 300 USD – for Bonus 110 USD;
not less than 800 USD – for Bonus 200 USD;
not less than 5000 USD – for Bonus 1000 USD to an account;
not less than 50000 USD – for Bonus 5000 USD to an account.
For getting the Welcome Bonus 30%, your trading account must be opened after January 3, 2010.
III Step. Filling in the application form
After the registration of a live account, you will be suggested to follow the link of bonus type choosing page. Then you will have to fill in the application for one of the chosen types of bonuses, specifying the requested account data. Attention: to get the Fixed Bonus, it is necessary to upload scanned copy of your national ID or passport.
If you are already the owner of a replenished account, please, follow the link of the Welcome Bonus page.
IV Step. Crediting the Welcome Bonus to a trading account
As soon as the application form is completed, the information is passed to the Bonus Charging Department within 24 hours. When this procedure is completed – the Fixed Bonus is credited to a trading account.
InstaForex international broker provides its clients with an unrivalled opportunity to boost the bonus for all trading account deposits. Now everyone can increase a standard 30% bonus up to 55%. You can gain such benefits after opening a Live Trading Account with InstaForex Broker through the following Link OPEN ACCOUNT
INSTAFOREX AFRICA MONTHLY $70 CASH BACK.
1. 1 If you are a new client, you must open your Live account through the OPEN ACCOUNT link above,
2. If you are already a client with Instaforex Africa; trade 100 lots for one full calendar month to get paid.
3. NEW CLIENTS- Fund your account and keep it active by trading 100 lots for one full calendar month to get paid, cents accounts will have to trade 1,000 lots to get paid.
4. You may fund your account through us or you can choose any of Instaforex account funding systems in your clients cabinet.
5. Names/Winners of our Monthly $70 Cash Back will be published on our Monthly Official Blog Publication @ www.instaforex-africa.com/Blog every first week of the month.
6. Accounts of the winners will be credited within 24hrs of the date of publish.
7. This promo is valid for clients within and outside Africa and last till March 2013.
8.This Promo has no restriction on clients having more than one account as each of the account will be credited with $70 if the 100 lots target is met per account in each month.
9. The $70 Monthly Cash back is withdrawable from your clients cabinet.
10. This Promo starts September 2012.