JUSTFOREX REVIEW

JUSTFOREX General Info

• Company Name: JUSTFOREX is the Trading Name of IPCTrade Inc
• JUSTFOREX Offices: JUSTFOREX maintains headquarters in Belize
• JUSTFOREX Regulation: IFSC (license number 60/241/TS/17)
• JUSTFOREX Foundation: JUSTFOREX was found in 2012
• Online since JUSTFOREX has been online since 2012
• US Clients: JUSTFOREX doesn't allow US Traders (NO)
• Islamic Accounts: JUSTFOREX offers provides SWAP-Free Accounts (YES)
• JUSTFOREX Execution Type: ECN/STP
• JUSTFOREX Customer Support: 24/5 via Phone and Live Chat

» Visit the JustForex Website

Nowadays, any person with access to the internet can open an account with a forex broker and enter a trade; however, very few succeed! The reason is simple: forex trading requires discipline, education, and a plan! While these things sound easy to achieve, reality says otherwise. Going forward we will present you with the key aspects you need to know about a forex trading plan: what it is, how it works, and the benefits it offers.

 

What is a Trading Plan and How Can Use It?

If you think that the desire to become a forex trader, followed by the registration on an online forex site and placing a trade is a plan; then you’re very wrong. A trading plan needs to be built with your personality at its core and to contain: what/when/how/why needs to be done, rules to manage and minimize risks, a trading system; but most of all, your personal goals! A great trading plan can’t be built overnight, as both mistakes and successes are the ones that teach you and will gradually indicate how to create it. Education and discipline are the other two lucky charms that will bring you profit, and the two of them should be considered as part of your plan.

Forex Diamond Robot Review

• Robot: Forex Diamond

• Trading Style: Scalping GBPUSD, EURUSD, USDCHF, USDJPY

• Platform: MetaTrader4

• NFA Compliance: Yes (Settings)

• Cost: $267 (free lifetime updates)

» Download Forex Diamond from their Website

Introduction to Forex Diamond

Forex Diamond is an Expert Advisor designed to trade GBPUSD but also three more pairs EURUSD, USDCHF, and USDJPY. The time frame is 15 minutes. The system is programmed by the developers of Forex Wallstreet EA and it was launched in late 2013.

How does the Forex Diamond Expert Advisor Robot work?

Forex Diamond is a Forex Robot combining multiple strategies to take advantage of completely different market conditions. The EA executes 3 daily trades on average. The system can be optimized automatically and there is no need for manual settings as in the case of other Expert Advisors.

Forex Broker Review: HYCM

HYCM REVIEW

HYCM Company Info

◘ Company Name: HYCM is the Trading Name of Henyep Capital Markets (UK) Limited

◘ HYCM Offices: HYCM maintains offices in London, UK, other offices in Hong Kong and the United Arab Emirates

◘ HYCM Regulation: HYCM is regulated by FCA UK (186171) and MiFID

◘ HYCM Foundation: HYCM was founded in 1978

◘ Online since HYCM went online in 1999

◘ US Clients: HYCM doesn't accept US Clients (NO)

◘ Islamic Accounts: HYCM supports Islamic Accounts (YES)

◘ HYCM Execution: STP Broker

IRONFX REVIEW

IronFx Company Info

• IronFx Offices: IronFx maintains offices in Cyprus
• IronFx Regulation: IronFx is regulated by FCA UK (541486), CySEC (125/10), ASIC (417482)
• IronFx Foundation: IronFx was founded in 2010
• Online since IronFx went online in 2010
• US Clients: IronFx doesn't accept US Clients (NO)
• Islamic Accounts: IronFx supports Islamic Accounts (YES)
• IronFx Execution: ECN / STP / MARKET MAKER
• IronFx Customer Support: English, Arabic, Czech, French, Italian, Polish, Portuguese, Russian, Spanish, Vietnamese, German, Korean, Chinese, and Japanese

» IronFx Open Account (Europe) | » IronFx Open Account (NON-Europe)

IronFx Trading Info

• IronFx Trading Zone: GMT+2
• IronFx Typical Spread: 1.8 pip (EUR/USD)
  Read more: IronFx Review

Fx Trading Guide -Forex Trading Explained

Forex trading offers a lot of opportunities but making money isn't as easy as most traders believe. There are hundreds of fundamental variables, that change 24 hours per day. Therefore, being successful when trading Forex currencies is certainly not easy, although it is advertised by brokers as such.

What is Forex Trading

Forex or else FORex EXchange is an electronic network that enables the exchange of global currencies, one for another. Currency pairs are exchange mechanisms used for the global trading of goods and services. Importers and exporters, large corporations, investors, and banks are only some of the participants in the Forex Market. The Forex market operates like the internet, it is not centralized, and it exists in the electronic network of banks, which is called the ECN network. Forex is a huge market with a daily activity turnover worth more than 4 trillion USD. The Rules of the game in Forex are different from those in equity and bond markets, but many similarities can be found too.

This guide aims to present some major fundamental aspects of Forex trading.