Forex , FX, Currency News

November 7, 2007

www.forexnews.com : Macroeconomic views how the the economic calendar and central banks can affect the currency markets.

www.fxstreet.com : A daily listing of major daily currency analysis and forecasts with support and trading suggestion forecasts.

www.currencypro.com: A Forex Portal with excellent analysis on the Major Currency pairs.

Trade Forex with Paddy Power Trader

November 7, 2007

paddypowertrader lets you trade forex with Paddy Power one the UK’s most established and professional book makers.

paddypowertrader.com offers users a fully functional platform to trade on commodities, indices, currencies, interest rates and bonds from the world’s financial markets.

Spread Betting is a tax-free*, commission free alternative to trading shares and the financial markets. You can profit when markets fall as well as when they rise. How much you win or lose depends on how much the price goes up or down, as well as a leverage factor – ie you get a multiple of how much you’ve speculated/traded with.

Spread Betting Risks Spread bets carry a high level of risk so you should only speculate with money you can afford to lose. Stop-losses are automatically allocated with each bet you make. All stops are not guaranteed. You can lose more than your initial deposit and stake. Before you open an account, please ensure that Spread Betting matches your investment objectives, familiarise yourself with the risks involved and if necessary seek independent advice.

We like paddypowertrader.com as it lets you trade 1000’s of markets worldwide with some of the tightest spreads around. Visitors to the website will have the opportunity to sign up for either a Demo account or a Live account.

The demo account gives people the ability to use the platform with real live spreads and a £10,000 virtual cash balance.

They also offer a great online Trading Academy where their very own Chris P. Cash will tell you all you need to know about Financial Spread Betting with step by step instructions and easy to follow examples on how to use the trading platform.

Other great features:

  • Weekly wraps – Packed with news and comments on the latest industry movers and shakers
  • State of art trading platform – Fast online execution, interactive charting, portfolio management tools and much more

Paddy Power is the largest provider of fixed odds sports betting in Ireland. The company operates through licensed betting offices along with operating Ireland’s largest telephone (Paddy Power Dial-a-Bet), online (paddypower.com) and casino (paddypowercasino.com) betting operations. The company also markets its services in the UK. Paddy Power is a member of both the UK and Irish stock exchanges with a total amount staked of almost €1.8 billion.

The company has as an unconventional approach towards betting; Paddy Power is committed to making low-stake betting more entertaining and accessible. Through this strategy the company has developed a strong reputation as “The Punter Friendly Bookmaker” and has become renowned for its unique ‘Money Back Specials”.

Why should I start trading forex?

November 7, 2007

Here are some reasons.. are they good.. well that’s up to you..

  • Big Markets: Forex, Fx, and Currency Markets are huge, with c. $2 trillion USD trading on a daily basis. So you’re unlikely to face liquidity problems (ie want to trade but not be able to in the size you want to)
  • Low cost to get started: The entry point in terms of cost is very low (you can trade Forex, currency with only $1 or £1)
  • You can do it anywhere: Trade from home, the beach, anywhere you like
  • Flexible Trading Hours Markets Trade 24-7: The Forex markets trade 24/7 (usually) so you can trade whenever you like
  • Free Demo Accounts
  • Active Supportive Trading Community

Start Trading Forex

November 7, 2007

Learn to trade Forex with Start Trading Forex (StartTradingForex.co.uk), join and exciting community of people who are learning to trade the Forex Markets in the UK.

Here you’ll find:

  • Guides to setting up demo accounts
  • Details of Trading Seminars
  • Offers
  • Competitions
  • Book Reviews
  • Forex Trading Strategies