Wednesday, June 10, 2009

Now, you can create an automated trading system for New Forex Account

Dear New Forex Account:

Now, you can create an automated trading system and capture trade opportunities 24 hours a day.

With the Forex System Selector (FSS) you can build your own automated system by combining the best of over 40 back-tested forex trading systems.

There’s no computer coding. The systems’ goal is to take the guesswork and emotion out of your trading. And in three steps you can create your own system to:

  1. Check: Review the performance of over 40 back-tested systems. FSS makes it easy, by displaying their track records, clearly and in detail.
  2. Select: Pick and choose the systems that fit your criteria: profit potential, risk, and trading style (short-term, long-term).
  3. Apply: Now you can combine the systems you have chosen and back test them as a single trading system. In this way, you can check to see if you have a diverse selection of trading strategies that fits your trading style in your portfolio.

In brief, the goal of Forex System Selector is to help you trade forex without concerns about emotional trading, or missing an overnight trade. It provides you with multiple options so that you can manage risk. Finally, since it is Web based, you can review the performance of your system from anywhere.

Unlike other automatic systems and managed funds, the FSS does not charge fees for system subscriptions, system development or software usage. However, there is a $1 commission per lot traded round turn. And you can sign up for a live account with only $2,000. Open an Account Now

To learn more, or to receive specific answers to your questions, please feel free to contact us at 1-212-201-7303, or e-mail us at systemselector@fxcm.com. Our specialists are available 7 days a week, 24 hours a day.

Best regards,

FXCM
Financial Square 
32 Old Slip, 10th Floor 
New York, NY 10005 
1-212-201-7303
systemselector@fxcm.com

Friday, May 29, 2009

New NFA Rule Prohibits Hedging for New Forex Account

Dear Client:

On May 5, 2009, we sent you an e-mail informing you that the National Futures Association (NFA) has formally prohibited Forex Dealer Members from allowing clients to hedge. Hedging is defined as taking a long and short position in the same currency pair in the same account. This e-mail serves as a reminder to our clients that NFA Compliance Rule 2-43b went into effect Sunday, May 17, 2009.

If you wish to continue hedging, you can trade through Forex Capital Markets Limited (FXCM UK), which is regulated by the Financial Services Authority in the UK.

Due to the high demand, we have extended the deadline to complete the transfer form to June 3, 2009.

If you wish to transfer your trading account to FXCM UK, please complete the one page form. Standard Account Hedging Transfer Form

Important Notice: If you completed the transfer form, your account will be operational at FXCM UK starting early June with hedging enabled.

We hope to make this transition as seamless as possible.

Please visit our special Frequently Asked Questions page designed to explain the NFA's reasons for new Compliance Rule 2-43b and to help you better understand how this rule affects your account.

If you have any questions about the new regulations, or their effect on your risk management, please don’t hesitate to call us at 1-888-503-6739, or e-mail us at info@fxcm.com.

Best regards,

FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005

1-888-50-FOREX (36739)
info@fxcm.com
www.fxcm.com

Thursday, May 7, 2009

Important : Forex Market Hours (Use For New Forex Account)

Forex Market Hours (Use For New Forex Account)
The foreign exchange (forex or FX) currency market is not traded on a regulated exchange like stocks and commodities. Rather, the market consists of a network of financial institutions and retail trading brokers which each have their own individual hours of operation. Since most participants trade between the hours of 8:00 a.m. and 4:00 p.m. in their local time zone, these times are used as the market open and close times, respectively.
Use the Forex Market Time Converter, to view the major market open and close times in your own local time zone.

How to use the Forex Market Time Converter
The forex market is available for trading 24 hours a day, five and one-half days per week. The Forex Market Time Converter displays "Open" or "Closed" in the Status column to indicate the current state of each global Market Center. However, just because you can trade the market any time of the day or night doesn't necessarily mean that you should. Most successful day traders understand that more trades are successful if conducted when market activity is high and that it is best to avoid times when trading is light.
Here are some tips for using the Forex Market Time Converter:
Concentrate your trading activity during the trading hours for the three largest Market Centers: London, New_York, and Tokyo.
Most market activity will occur when one of these three markets open.
Some of the most active market times will occur when two or more Market Centers are open at the same time. The Forex Market Time Converter will clearly indicate when two or more markets are open by displaying multiple green "Open" indicators in the Status column.
For More Imformation visit : http://forex.timezoneconverter.com/

IMPORTANT-NEW NFA RULE PROHIBITS HEDGING FOREX (NEW FOREX ACCOUNT)

Dear Client:

Our industry’s self regulatory organization in the United States, the National Futures Association (NFA), has informed all Forex Dealer Members (FDMs), which includes FXCM, that it has adopted new Compliance Rule 2-43 regarding forex trading. Read Compliance Rule 2-43

After May 15, 2009, forex customers of FDMs will no longer be allowed to open "hedged" positions in their accounts. Hedging is defined as taking a long and short position in the same currency pair in the same account. This will only affect new positions that are placed after May 15, 2009. You will be able to manage existing long and short positions.

Please be aware that if you have an existing buy (long) position on a currency pair, any new sell order placed after May 15 will offset (meaning “close”) that existing position and vice-versa for existing sell (short) positions. Watch our Video Presentation to Learn More

For additional information, please visit the “NFA No Hedging Rules” forum on DailyFX; it has been created to answer your questions. Visit Now

The NFA is prohibiting hedging because it believes that hedging eliminates any opportunity to profit on a transaction, and it increases the customer’s financial costs. The NFA's position is that “customers do not understand either the lack of financial benefit or the financial costs involved” in carrying long and short positions in the same currency in the same account.

While FXCM acknowledges the risks associated with hedging, and understands the NFA’s concern and obligation to protect clients, FXCM would like to extend an option to those traders wishing to continue using hedging as a strategy and who understand the underlying risks and financial costs involved.

If you wish to continue hedging, you can trade through Forex Capital Markets Limited (FXCM UK), which is regulated by the Financial Services Authority (FSA) in the UK. Learn More

If you wish to transfer your trading account to FXCM UK, please complete the one page form. Account Transfer Form

DEADLINE TO COMPLETE TRANSFER FORM: MAY 27, 2009

Important Notice: If you completed the Transfer Form, your account will be operational at FXCM UK starting early June, with hedging enabled.

Your account number and password will remain the same and your open positions will remain intact. Moving an account to FXCM UK involves some changes in deposit and withdrawal instructions, and changes in charges for transferring funds.

Since we anticipate a large number of traders moving accounts to FXCM UK for hedging, we are now completing the MYFXCM.com infrastructure to support the additional account volume at our FXCM UK entity. We expect MYFXCM.com to be operational by early June.

Funding an FXCM UK account: Credit card funding will be available by the end of May 2009. In the interim, you can deposit and withdraw through the following links:
Deposits | Withdrawals

If you have any questions about the new regulations, or their effect on your risk management, please don’t hesitate to call us at 1-888-503-6739, or e-mail us at info@fxcm.com.

We look forward to serving you.

Best regards,

FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
1-888-50-FOREX (36739)
info@fxcm.com
www.fxcm.com

Regulatory Updates

NFA Hedging Rule Excerpt and Explanation

Notice to Members I-09-10 - Hedging
April 13, 2009

Effective Date of NFA Requirements Regarding Forex Orders

The NFA has received notice that the Commodity Futures Trading Commission has approved new NFA Compliance Rule 2-43 regarding forex orders. The prohibition on carrying offsetting transactions will be effective for any positions established after May 15, 2009.

The NFA is prohibiting hedging because it believes that “customers do not understand either the lack of financial benefit or the financial costs involved” in carrying long and short positions in the same currency in the same account. Therefore, Compliance Rule 2-43(b) bans the practice and requires FDMs to offset positions on a first-in, first-out basis (FIFO).

http://www.nfa.futures.org/news/newsNotice.asp?ArticleID=2273

Wednesday, May 6, 2009

MAKE MONEY WITH FOREX JUST BY CLICKING.ERN LIKE PROFESIONAL.100 % AUTOMATIC

How can YOU Earn Thousands of Dollars Each Day?
Simple - you need a mouse, Internet and $6 and ... YOU COULD BE MAKING THOUSANDS!

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FOREX (FOReign EXchange market) is an international foreign exchange market, where money is sold and bought freely. In its present condition FOREX was launched in the 1970s, when free exchange rates were introduced, and only the participants of the market determine the price of one currency against the other proceeding from supply and demand.

As far as the freedom from any external control and free competition are concerned, FOREX is a perfect market. It is also the biggest liquid financial market. According to various assessments, money masses in the market constitute from 1 to 2 trillion US dollars a day. (It is impossible to determine an absolutely exact number because trading is not centralized on an exchange.) Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 GMT on Monday to 10:00 pm GMT on Friday. Practically in every time zone (that is, in Frankfurt-on-Main, London, New York, Tokyo, Hong Kong, etc.) there are dealers who will quote currencies.
What do you need to make money with Forex Automoney?

1. First thing you need to trade Forex is a computer (PC or MAC) with Internet connection. You have a computer, right? It can even be a computer in an Internet cafe or library - it doesn't matter.

2. The second thing is money of course. You must sell or buy other currencies using your money. But all you need is $1! Yes - you can start trading with just ONE DOLLAR! You also need our membership but now we have a promotion now and it's dirty cheap!

3. The third, and the last needed is a knowledge when to sell or buy.

There are thousands of manuals about Forex, technical analysis, thousands of guys who tells you how you should to trade. But they all make trading very complicated and - let's be honest - those systems and manuals gives you NOTHING and they just do not work.

What is REALLY SIMPLE are so-called ready to use signals: "buy now" or "sell now". That's what's best and that's what we give you. You don't have to think anymore - just buy or sell when we tell you. That's all!


So let's sum it up:

* you need access to the Internet (you have it already)
* a little money (even ONE DOLLAR - we're sure you have it)
* and our membership.

That's all you need to make money 100% automatically.
And you can start making money right now.

Additionally, it takes only a few minutes per day to do the work! All you have to do is to log in, read the signal and click to trade. That's all!
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Our financial specialists, mathematicians and programmers have developed an innovative intelligent software which automatically analyzes currencies markets and determines when to buy or sell. It can generate signals in 3 timeframes:

* intraday - 6 times a day a buy or sell message is generated
* daily - signals are generated once a day
* weekly - using these signals you can trade once a week

Of course you can use all 3 systems - you can trade intradaily and daily and weekly! This maximizes your profits. For example, if you want to trade with $3 - you can divide it and trade $1 intradaily, $1 daily and $1 weekly. That's very simple.
Of course signals are generated for all major currency pairs, and using all of them also maximizes your profits.

Here is an example based on an actual signal generated from our Forex trading system:

Currency Pair:
Type of Trade:
Time to Enter:
Get Profit:
Stop Loss:
EUR/USD
BUY
10:00 PM EST
120 Pips
50 Pips


In this trade we recorded a 120 pips profit! This equals to over $1000 trading 1 standard lot or $100 trading 1 mini lot. It only took a minute to enter the trade!
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Yes, absolutely! With Forex Automoney everyone can earn every day! Our system is working in all countries of the world. Absolutely everywhere! Also you can be absolute newbie to use our system - you don't have to know ANYTHING about trading and you don't have to have ANY experience. That's really simple.

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Forex Automoney - Make Money Just by Clicking