Author: Editorial Team

ForexPromos Editorial Team is comprised of a selection of hand picked editors that bring you the latest breaking news from the financial markets. We also provide forex educative articles as well as comprehensive fx broker reviews.
ETXCapital – Spread Betting Broker Review

ETXCapital – Spread Betting Broker Review

Forex Broker Reviews
ETXCapital is a UK based spread betting firm that is authorized by the Financial Conduct Authority (FCA) with license number 124721 and offers derivatives dealing through CFD and spread betting products. Monecor (London) Ltd. is a privately owned company and operates under the trading name of ETXCapital and the company is based in London at One Broadgate, EC2M 2QS. Offering tight spreads in the markets with low margin requirements, ETXCapital was recognized in 2011 by Investment Trends research for providing the best value for money trading products. ETXCapital offers trading on the following products Forex pairs (67 pairs including majors, crosses and a wide choice of exotic currency pairs) Bonds (including government and corporate bonds, options commodities (Gold, Silve
What is the Standard Deviation Channel

What is the Standard Deviation Channel

Trading Indicators
Standard deviation channel is also alternatively referred to as the Linear Regression channel. In the course of this article, we will use both the words as they mean the same. As the name implies, the Standard deviation is a channel with an upper and lower range which are placed 'x' standard deviations away. The Standard deviation channel operates on the concept of reversal to the mean or price equilibrium. When it comes to plotting the standard deviation channel, traders must specify the time frame, or the number of bars for which they want the deviation channel to be plotted. Based on this input, if a trader selects 100 bars, then the standard deviation channel is automatically plotted. Ideally, the Standard deviation channel is used to find market tops and bottoms for the specifie...
Trading CFD’s? Three things that you should know

Trading CFD’s? Three things that you should know

Trading Articles
CFD, or Contract for Difference is a form of derivatives trading that offers certain distinct advantages compared to trading the security directly. Most notably, CFD trading is more commonly used for Stocks and commodities rather than spot forex. If you are considering trading CFD's then here are 5 things to bear in mind before you short or long that contract. But before we get into the details, a little bit about CFD's. Contracts for Difference or CFD for short is a contract that is agreed upon between the buyer and the seller. In most cases, the broker with whom you trade CFD's is the seller of the contract. During the term of the contract, if the value of the security increases, the seller pays you the difference and if the value of the security decreases, you end up paying the selle...
Understanding Money Flow Index

Understanding Money Flow Index

Trading Indicators
The Money Flow Index, or MFI for short is a momentum based oscillator that was created Gene Quong and Avrum Soudack. The purpose of MFI was to measure the strength of institutional money flowing in and out of the security/instrument. It is quite similar to the RSI (Relative Strength Index) but differs in the fact that MFI also takes into account the volume, whereas RSI only considers the price. The MFI is ideally suited for securities or instruments where volume plays an important role and one which is measured accurately. Therefore, the MFI is ideal for trading the equity or futures markets as compared to forex, where the aspect of volume is questionable. Calculation of the Money Flow index The MFI oscillates between 0 - 100 and is based on an 'N-period' where N could be days/hours o...
LMAX Exchange Review

LMAX Exchange Review

Forex Broker Reviews
For traders who are looking for institutional quality, no dealing desk execution, LMAX exchange offers a perfect trading environment. LMAX Exchange is registered with the FCA (Registration number 509778) with its offices registered in England and Wales. LMAX Exchange is the first one of its kind true MTF (Multilateral Trading Facility) and is a liquidity provider for many retail forex brokers, thus ensuring tight spreads even during early Asian sessions. LMAX Exchange is listed in 'The Sunday Times Tech Track 100' and has won many awards including 2013 Best Margin Sector Platform - Profit & Loss Readers' Choice Awards 2013 Best FX Trading Platform - ECN/MTF - WSL Institutional Trading Awards 2011 Best Trading System - Financial Sector Technology Awards 2011 Oracle'...