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.

Nov282010 by Editorial Team1 Comment

What asset is best for binary options trading

Trading Articles

Traders & Investors who are looking for a profitable way to earn through online forex trading while keeping a low risk, binary options trading is a good choice. Unlike other financial markets, profits in binary options trading is not dependent on the magnitude of price change. Instead, investors need to only determine the direction the market is going and estimate whether prices can reach a certain level. In order to profit from binary options trading, it is important for the trader to determine the right asset. At present, binary options brokers offers a variety of stocks, commodities, currencies and indices. According to expert traders, the best way to make money in binary options is to trade when the markets are volatile. It is also important to remember that there are several as...

Nov272010 by Editorial TeamNo Comments

What is an ECN

Trading Articles

An electronic communication network (ECN) is the term used in financial circles for a type of computer system that facilitates trading of financial products outside of stock exchanges. The primary products that are traded on ECNs are stocks and currencies. ECNs increase competition among trading firms by lowering transaction costs, giving clients full access to their order books, and offering order matching outside of traditional exchange hours. ECN's are sometimes also referred to as Alternative Trading Networks How does an ECN work To trade with an ECN, one must be a subscriber or have an account with a broker that provides direct access trading. ECN subscribers can enter orders into the ECN via a custom computer terminal or network protocols. The ECN will then match contra-side or...

Nov222010 by Editorial TeamNo Comments

CFD Explained

Trading Articles

CFD, or Contracts for Difference, is a financial instrument similar to an index or share which allows you to trade an underlying index, share or commodity contract without having to own the underlying asset itself. The CFD price is the price of the underling asset (whether it is a share, index, or future). If the price of the underlying asset goes up, so will the price of the CFD. A major difference is that there are no exchange fees and many of the inefficiencies of trading the underlying shares on the exchange are eliminated. Also, CFDs allow you to use the power of leverage which is not generally available in equity products. As a result, CFDs have grown in popularity dramatically over the past few years. Ava Index offers CFDs with zero commissions and very attractive margin requirem...

Nov152010 by Editorial TeamNo Comments

Trading strategy for Binary Options Trading

Trading Articles

Binary options trading has become an interesting and exciting product of the financial trading market in the recent years. Binary options trading is simple because there are only two possible outcomes, a win or a loss. Due to the ease of use, the interface and quick returns and high yields, binary options trading has attracted so many investors to it. The trading in binary options quickly yield the turnover and therefore it is fast becoming popular. The turnover in this type of trading can give results daily or even hourly. There are different binary options trading strategies followed by different traders. Though there may be different strategies available for binary options trading, the basic concept is the same. Therefore if you follow good binary options trading strategies you ar...

Nov102010 by Editorial TeamNo Comments

Mirror trading platform – Tradency

Trading Platforms & Software Reviews

The Tradency platform is a gateway to a wide range of tested Forex Mirror trading strategies. It enables automatic real-time execution, based on the trader’s individually selected strategies. The Tradency platform uses cutting edge technology to provide traders with a user friendly interface, rich graphic indicators and robust execution. In addition, the platform offers innovative trading tools such as smart filters, T-Score and comprehensive, real-time strategy status cards, designed to assist traders in making educated trading decisions. The Mirror Trading Concept The Tradency platform introduces Forex traders to the mirror trading concept, a new method in trading that enables traders to ‘mirror’ strategies developed by other experienced Forex traders. In order to start trading,