The foreign exchange market may appear to be a daunting and confusing subject, however it does not need to be. We have put together this Forex Glossary to try and help you better understand the Forex Market- the key currencies that exist, a glossary full of industry terms, a section on some key terms/acronyms and other information about the market.
No deposit forex bonus : No Deposit Forex Bonus is a promotional bonus that many Forex brokers often use to entice new clients to try their services. This type of bonus gives you a great opportunity to try the broker’s system and services without spending a single penny.
Deposit Bonus : Once you have opened an account with a broker, you will be probably provided with a certain bonus. This bonus can provide a little extra safety behind your traders or you can use it to leverage more operational volume. We pay the bonus out over the course of one year and the first payment will be sent to your account as soon as your deposit clears.
Welcome Bonus : A ‘welcome bonus’ is a way to reward new traders who sign up for an account, to make them feel welcome and to make it easier for new clients to start trading righty away. A welcome bonus might require you to make a deposit, so make sure you agree with the bonus requirements before you sign up.
Forex Trading Gifts : You will often see brokers offering smartphones, tablets, and other similar items as a gift for your deposit. This can be an attractive options to a lot of traders.
Demo Contest : If are you new to Forex trading, and you thinking of trying out a new way to trade? There is a great way you can test your skills and practice different strategies, and that is by participating in demo Forex contests. Foex Demo trading contest are a way for brokers to bring in new clients, and encourage them to trade on their site.
Live Trading Contest : Simply it is a fight for real traders. Where Traders are fighting for the contest price. In this contest, every trader is starting the contest with the same parameters such as the same capital at a time. There is a great chance to win a big prize such as a car, Incentive Trip or Cash Prize. But you should remember that you will trade with your money.
Trading Bonus : Tradable Bonus is your support in the time of draw-down. Tradable bonus supports on open position as extra margin for trading and save for getting early margin call. It can be traded like own money. It boosts account's money and added to equity. In addition rescue bonus or tradable bonus provide extra safety in the time of draw-down.
Draw Bonus : A Forex draw bonus is of course a type of a bonus, and just like the other bonuses it is a particularly tailored gift provided by the broker to the client.
IB (Introducing Broker): An Introducing Broker (IB) is essentially an agent which introduces new customers to a Forex brokerage. In return for sending custom to a brokerage, the Introducing Broker receives a fee, when it comes to Forex this is normally a certain share of the Spread or Commission charged by the brokerage.
Rebate :Cashback providers refer traders to brokers and share the rebates they earn from each trade made by the client with that client. The model is becoming standard for most brokers in the industry. It’s also attractive a standard tool for traders to reduce costs.
Affiliates Program : The Forex Trading Affiliate Program is one of the most profitable ways to earn extra money online. How it works, You use online marketing channels to attract new traders to specific Broker house system. They register, start trading and they pay you a commission. As their partner, you get either more and more US$ for each qualified trader you brought (Forex CPA plan), or a lifetime commission for each deal that the traders you brought did.
Binary Options : Just like traditional options, binary options have a premium, a hit price, and an ending. The dissimilarity is that, with binary options, the “premium” amount for the option is chosen by the trader (usually determined by the market with traditional options) and the expiration timeframes are much shorter.
Seminars : Live In Person Forex Seminar . We can make live presentations to groups of forex traders from 50 to 150 people. In the past, these presentations all have been 4-8 hour long seminars and include complete training on our trading system, and lunch or catering in a classroom environment with WIFI internet.
Friend Referring : If you know someone who’s interested in trading currencies, commodities, or indices, direct them to specific brokers. Once your friend opens a real trading account with that brokers via your referral link, you will both receive a free bonus that will help you multiply your trading activities on the platforms. Doing so is easy and hassle-free.
Draw bonus: The draw bonus is a relative new comer, but is increasing in popularity, and that’s not too surprising. Forex draws offer traders a unique opportunity to win a range of prizes or free trading cash. If you are one of the lucky few there is a great chance that you will be entitled to claim some free cash for your trading account, and may be even some amazing gift.
Freebies : If you wish to open a live account with a specific Broker then remember always to ask for any free tools they can supply you. They can offer you free EAs, Free trading analysis, Free Signals and more.
Free Signal : Forex Signals are, essentially, trade ideas indicating the market trends in real time. Trading signals are used by novice and professional traders alike. Most forex signals include the position type (buy pr sell) as well as the take profit and stop loss levels. Many brokers provides signals on forex pairs, commodities, indices, and cryptocurrencies.
Free VPS Server : VPS stands for Virtual Private Server and it is a virtual machine provided by a hosting service, where a user has administrator access to the OS and all software installed. With Forex brokers offering VPS hosting, it is now widely used as a dedicated remote server to execute trades from a trading platform installed in it. Traders are given full access and control over an amount of RAM, space and transfer which they can use to install systems and different software they want.
Expos events: A forex expo can provide you with great opportunities to learn about new trading strategies, network with other forex traders and become familiar with the latest developments from within the industry. With Forex events being hosted worldwide, finding an affordable, relavant Forex Expo has never been easier.
What is a pip? : Pip are the most fundamental unit of measure used when trading currencies, but you need to know much more to become a success forex Traders. A pip, short for point in percentage, is a very small measure of change in a currency pair in the forex market. For example, if a pip was 10 points, a non-pip change would cause greater volatility in currency values.
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