Reviews of Easy Forex

By Paul Bryan

Easy Forex is one of the well recognized foreign currency exchange trading platform that enables new traders to learn about currency transaction management, and at the same time helps veterans in the trading business to excel. Among various products of Easy-Forex are day trading along with limit orders, forward and optional.

Apart from making the Forex trading easy to the traders this platform, helps the beginners in the Forex trade achieve success. This Easy Forex is the result of several years of elaborate research and experience in trading and finance with the outcome of various products like limit orders, day trading, optional and forward.

This Easy Forex platform is simple and involves trade management tools which are made easy through a quick registration process, all through the internet. Financial tools such as charts, graphs and analysis help, along with live real-time quotes and data feeds are made available to the clients directly from the Reuters. These tools, depicting the market trends in real-time, and which also checks profit scenarios, make them available to the clients through the cell phone in the form of SMS.

In addition, Easy Forex provides abundant training and support to its users. Every new user is allocated a personal account service manager to enable the use of the system and to learn about the ways of trading. Clients would find a list of terms along with the respective meanings, a trading e-book, and a set of videos made available online for a clear understanding of the working of Easy Forex.

There are a variety of account types which are made available to the traders, depending on the level of experience of individual client and their desired risk level. There are also standard spreads which are there for different account types. Now Easy-Forex get their client fees from the spreads embedded or rooted in the currency rates.

For beginners in the Forex trade, they can begin an account with a very nominal deposit and continue to do so till they gain some experience in the business. Funding of the accounts is generally done through credit card deposits and online wire transfer requests are used to carry out the withdrawals. Transaction permits for Islamic and Orthodox-Jewish account terms are also facilitated by Easy Forex, which makes it recognizable worldwide.

Clients can avail a well guided tour of the various trading platforms including seminars, one-to-one training sessions, online as well as telephonic conversations backed by a strong technical support system.

The working procedure of Easy Forex is liked by many traders but few feel that the system isnt up to the mark. While some clients who have gone with it have got great results, there are others who are left shocked with the outcome. So the decision to use it will definitely depend on the individual traders. For traders who have a clear perspective and are confident can go with it and avail results in their favor for sure! - 23212

About the Author:

For more independent facts and opinions on the various Forex trading platforms go ahead and visit: Forex Broker Reviews

Benefits of Recycling Gold

By Morgan Robinson

There are many benefits to recycling gold. You can sell gold jewelry that is just sitting around collecting dust and make some money. Recycling gold is also good for the environment. Recycled gold is melted down to liquid form and then molded into a new product or piece of jewelry. Gold prices are at a all time high so you will be surprised at what you can get for the old pieces of jewelry that you have been saving.

The demand for metals is increasing at a faster rate than the mining industry can supply. Recycling of gold and other precious metals helps fill the gap between the growing demands and decreasing supply. When you recycle you also help save the environment by the not depleting more of our natural resources.

When they mine for gold it waste a lot of water; not only does it take an enormous amount of water it also contaminates the water sources it draws from. The majority of gold that is mined in the United States comes from Nevada. The Nevada Gold Mines consume more water every year than all of the population of Nevada combined. One gold mine can consume 100 million gallons of water every day. The harsh chemicals that are use to refine the ore further pollute the ground and destroy local ecosystems.

The mining process that is used to extract the ore from the surrounding rocks amount to a huge amount of waste; a large part of it is in the form of discarded rock that is saturated with chemicals and solvents. This means for every ton of pure gold that exists there is three million tons of waste to dispose of. Eventually the chemicals and solvents in the discarded rocks will find their way into our ecosystem. This in turn will affect native plant life and the animals in the area of the mines.

The end goal of any mining company is to process as much gold as possible and this means that the more they mine the further underground they have to go. This makes mining a determent to our natural resources. The profit is huge for gold so the mining companies use the last technologies and processes to get as much gold as quickly as possible. Even though they are mining more efficiently they are still depleting our natural resources. This is why recycling everything and anything we can, including precious metals is becoming more important every day. You can help to do your part for the environment by recycling you precious metals and looking for jewelry that is made with recycled metals. You can clean out your jewelry box and get rid of things you never wear and it will give you more space. You can always take the money from the gold you sell and purchase a piece of jewelry you have had your eye on. Gold recycling is a easy and fast way to recycle your unwanted gold jewelry and make some money at the same time. - 23212

About the Author:

The best online resource to sell gold or sell gold coins can be found at http://www.refinity.com

Slippage In Forex

By Ahmad Hassam

You should know the problem of slippage and how to avoid it if you want to successfully trade the news. Slippage occurs when the price you intend to enter or exit the market is different from your actual transacted price. Currency prices tend to move very fast during highly volatile market conditions. The risk of slippage is usually very high when trading the news.

Placing stop loss or market entry orders under fast moving market conditions do not guarantee anything. These orders do get filled but mostly at different prices than you had intended. Slippage is the biggest problem when the market moves fast. There is no way you can avoid it. Some of it is genuine. During times when too many orders are placed by the traders, most forex brokers cannot offset these orders in the interbank market due to the small amounts involved. They have to take the opposite positions themselves. This gives them the chance to take the excuse of slippage.

Sometimes, these entry orders may even get filled past your stop loss or profit target. This means that you would be left with immediate net loss. Many market makers will wait till after the big move is over. Then they will fill your entry order.

Before filling your entry order with wide slippage, many brokers will fill your stop loss or take profit order. It is a trick that many forex brokers use in order to make profit by filling your position with a negative spread.

Lets make it clear with an example. Imagine your profit limit for the EUR/USD is 1.2594. Your long entry stop for EUR/USD at 1.2564! The forex broker may first fill your take profit at 1.2594 and then fill your long entry stop at 1.2604 with a 40 pips slippage.

Even though your trade would have resulted in a profit if filled at the prices you wanted. But now you have a net realized loss. The forex broker may also fill your stop loss order first if the trade goes against you. Then fill your entry order with slippage after that so as to widen their profits.

Now imagine you had placed your stop loss at 1.2544 and your long entry stop at 1.2564. Your forex broker could first fill your stop loss at 1.2544 and then fill your long entry stop at 1.2594 with a slippage of 30 pips. You now have a net loss of 50 pips due to slippage instead of planned 20 pips loss. You could never imagine that you would end up with a loss of 50 pips.

You should know as an individual trader that your orders will be kept pending till you get stopped out or your profit limit is reached during the release of news when the market moves fast. The more you stand to lose and the more the forex broker stands to make a profit, the larger the slippage you experience. Some forex brokers add slippage to any of your orders to increase their profits during times of fast moving markets when the volatility is high.

Many traders readily accept the risk of slippage. They consider slippage as one of the realities of trading the news. However, they should know that slippage can eat up a huge chunk of profits. In the end slippage can affect their overall profit/loss. You can overcome the problem of slippage through the use of stop-limit entry order. You can read more on it in the next article! - 23212

About the Author:

Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and currencies. Know These Forex Broker Games. Learn Forex Trading!

Save Thousands For Your Retirement With Someone Else's Money

By Julie Broad

I am the big sister to two kid brothers. Like any older sister, I worry about my brothers, even now. Most of all, I worry about their futures. The one closest to my age is the one I worry about the most lately.

My oldest brother is a gifted carpenter. He used to be a chef and he was very good at that too. He is also great at rebuilding and repairing cars. His skills, patience and attention to detail are remarkable. However, this is not true when it comes to how he manages his money.

As he is only in his early thirties, he's happy to keep working for the next 30 years, but I do worry about the fact that he's only saved a little bit for his retirement. None of us can rely on pensions or government funding to support our retirement anymore so we all should start thinking about our futures today!

I don't want to see my brother in financial trouble later, so I decided to help him with his finances. There was one part of his lifestyle that was glaringly obvious to me that needed to change- he owns three cars. I explained to him if he sold one and put that money into savings, not only would he have the money from the sale, he would be able to save an additional $500 a month.

He can also take on side jobs. People are always asking for help with building fences or kitchen renovations. He doesn't have to work every weekend, and in a year he could have enough saved to put 10% down on a beat up house could be bought for around $200,000.

If he lives in the house while he's fixing it up, he can save even more money. Once it's all fixed, he can rent it out for about $1,400 per month. It's at this point he would buy a primary residence where he will live.

Now, keeping this really simple, lets look at what my brother has when he retires in 25 years:

If his repairs add $25,000 in value and the house appreciates by 4% every year, then in 25 years it'll be worth approximately $576,743. That means that his original investment has almost tripled in 25 years! Imagine- $1,900 a month of someone else's money going toward his retirement ($576,000 divided by 25 years divided by 12 months)!

Even if the property doesn't appreciate by 4% each year (which has historically been the average), his tenants will have paid off his mortgage in 25 years. And, he will still be able to enjoy profits from the rental income each month (his positive cashflow from this one property could increase to as much as $2,350 each month if rent and expenses increase 4% each year for the next 25 years as well).

Also- in 25 years he will have the home where he lives paid off as well. The two properties should give him over $1 million in equity. That's a nice number for retirement- especially nice when the majority of the retirement savings was contributed by his tenants over the years!

When I explained this to my brother, he sold one of his cars! And with the money he earned helping us with our property, he's already putting together a nice little down payment for a home. - 23212

About the Author:

Learn How to Retire with Real Estate with Julie's free Real Estate Investing Starter Tips Guide. Learn how to create retirement savings, positive cashflow and massive wealth with tips like: How to find quality rental properties, finding and keeping great tenants, and easy ways to make more money with real estate.

Automated Forex Trading Robots - Can You Trust Them

By Kurt Naulaerts

Do you know why there is so much interest lately on forex trading? Today this market is attracting small and medium investors so banks and other financial establishments are no longer the only players. This market deals with trading the currency of one country for that of another country. This makes it one of the most dynamic financial markets of the world.

The advent of internet and advance communication technologies coupled with automated forex trading systems, today anyone can join in the trading provided he has a computer with an internet connection, a forex brokerage account and good knowledge of how trading works. This global market place is open twenty four hours a day so if you want to stay abreast of market developments, you must keep a constant watch. You could choose a currency and its price before hand with the help of these automated systems. Your buy and sell orders can get instantly executed so all you need is your seed money and a broker to help you.

The automatic forex trading systems can help you reap the profits of the market despite the fact that you are not a professional trader. The trading program acts like a human expert and manages the trading for you. Since you do not perform the actual trading yourself, these auto systems help you ave time. A reliable trading platform would let you manage a number of accounts at the same time which is impossible in manual trading. When you want to trade in multiple markets with multiple systems, these programs allow you to do this.

The auto forex trading system allows you the flexibility of trading at any time without your presence. Even when you are absent from your computer, you can not miss a single trade. You can then take full advantage of several forex strategies and varied systems. Each system is designed to be activated by some specific trade factors so you can spread your investment and get maximum returns with minimum risk accordingly.

These automated forex trading systems completely ignore all emotional factors which often put informed decisions in jeopardy. You would have the power to manage several money-pairs and effectively trade in them too.

Using an auto forex trading system does not spare you from learning the basics of trading, fundamental and technical analysis, study of market indicators, etc. Several factors and variables influence the forex market so just using an automated system can not guarantee you long term success in this venture. You can customize the automated forex trading system according to your specific requirements. - 23212

About the Author:

Honest reviews on forex trading systems are not easy to find. I managed to find a Ivybot review at http://www.thepowhatan.com/ivybot