Applying Fibonacci to Stock Market Patterns
How Does the Value of the U.S. Dollar Fit Into the...
Applying Fibonacci to Stock Market Patterns
How Does the Value of the U.S. Dollar Fit Into the...
GPS Forex Robot : [321% profit] Verified 1 year li...
Simple Tools for Competent Trades
Applying Fibonacci to Stock Market Patterns
Patterns are everywhere. We see them in the ebb and flow of the tide, the petals of a flower, or the shape of a seashell. If we look closely, we can see patterns in almost everything around us. The price movements of financial markets are also patterned, and Elliott wave analysis gives you the tools to interpret those patterns.
The Fibonacci sequence is vital to Elliott wave analysis — as a matter of fact, R.N. Elliott wrote that the Fibonacci sequence provides the mathematical basis of the Wave Principle. Once you understand the Fibonacci sequence, it’s easy to apply it to the markets you trade.
The following excerpt is from a new eBook from Elliott Wave International Senior Tutorial Instructor Wayne Gorman: How You Can Use Fibonacci to Improve Your Trading. Wayne explains how the Fibonacci sequence is derived and how it can be used to understand market behavior.
Learn how you can download the entire 14-page eBook below.
The Golden Ratio and the Golden Spiral
Let’s start with a refresher on Fibonacci numbers. If we start at 0 and then go to the next whole integer number, which is 1, and add 0 to 1, that gives us the second 1. If we then take that number 1 and add it again to the previous number, which is of course 1, we have 1 plus 1 equals 2. If we add 2 to its previous number of 1, then 1 plus 2 gives us 3, and so on. 2 plus 3 gives us 5, and we can do this all the way to infinity. This series of numbers, and the way we arrive at these numbers, is called the Fibonacci sequence. We refer to a series of numbers derived this way as Fibonacci numbers.
We can go back to the beginning and divide one number by its adjacent number — so 1?1 is 1.0, 1?2 is .5, 2?3 is .667, and so on. If we keep doing that all the way to infinity, that ratio approaches the number .618. This is called the Golden Ratio, represented by the Greek letter phi (pronounced “fie”). It is an irrational number, which means that it cannot be represented by a fraction of whole integers. The inverse of .618 is 1.618. So, in other words, if we carry the series forward and take the inverse of each of these numbers, that ratio also approaches 1.618. The Golden Ratio, .618, is the only number that will also be equal to its inverse when added to 1. So, in other words, 1 plus .618 is 1.618, and the inverse of .618 is also 1.618.
This is a diagram of the Golden Spiral. The Golden Spiral is a type of logarithmic spiral that is made up of a number of Fibonacci relationships, or more specifically, a number of Golden Ratios. For example, if we take a specific arc and divide it by its diameter, that will also give us the Golden Ratio 1.618. We can take, for example, arc WY and divide it by its diameter of WY. That produces the multiple 1.618. Certain arcs are also related by the ratio of 1.618. If we take the arc XY and divide that by arc WX, we get 1.618. If we take radius 1 (r1), compare it with the next radius of an arc that?s at a 90? angle with r1, which is r2, and divide r2 by r1, we also get 1.618.
Fibonacci-Based Behavior in Financial Markets
We can visualize that the stock market or financial markets are actually spiraling outward in a sense. This is a diagram of the stock market whereby the top of each successive wave of higher degree (in terms of the Wave Principle) becomes the touch point of an exponential expansion or logarithmic spiral. We can actually visualize the market in this sense, and we will see later on, in terms of Fibonacci ratios and multiples, how this unfolds.
This is a diagram of the Elliott wave pattern. It is a typical diagram showing us the higher degree in Roman numerals with wave I up (motive) and wave II down (corrective). One of the connections to Fibonacci ratios and numbers is that with Elliott wave, if we look at how many waves there are within each wave, we end up with Fibonacci numbers.
![]() |
Learn How You Can Use Fibonacci to Improve Your Trading
If you’d like to learn more about Fibonacci and how to apply it to your trading strategy, download the entire 14-page free eBook, How You Can Use Fibonacci to Improve Your Trading. EWI Senior Tutorial Instructor Wayne Gorman explains:
See how easy it is to use Fibonacci in your trading. Download your free eBook today >> |
This article was syndicated by Elliott Wave International and was originally published under the headline Applying Fibonacci to Stock Market Patterns. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
How Does the Value of the U.S. Dollar Fit Into the Big Picture for the Economy?
Robert Prechter discusses his views on the credit crisis and the U.S. dollar
January 31, 2012
By Elliott Wave International
More credit is denominated in U.S. dollars than any other currency. What does this mean for the value of the dollar as the credit crisis continues its strangle-hold on the world economies?
Enjoy this video clip of Bob Prechter from an October interview with The Mind of Money host Douglass Lodmell, in which Bob discusses the debt implosion and the value of the U.S. dollar.
You can watch Prechter’s full 45-minute interview here — no sign up required!
Technical Indicators: A Love-Hate Relationship
Trading using technical indicators — such as the MACD, for example — can do one of two things: help you or hurt you.
Elliott Wave International’s Jeffrey Kennedy explains what he loves and hates about technical indicators and shows you how he uses them to his advantage in this excerpt from his FREE eBook, The Commodity Trader’s Classroom.
I love a good love-hate relationship, and that’s what I’ve got with technical indicators. Technical indicators are those fancy computerized studies that you frequently see at the bottom of price charts that are supposed to tell you what the market is going to do next (as if they really could). The most common studies include MACD, Stochastics, RSI, and ADX, just to name a few.
The No. 1 (and Only) Reason to Hate Technical Indicators
I often hate technical studies because they divert my attention from what’s most important – PRICE.Have you ever been to a magic show? Isn’t amazing how magicians pull rabbits out of hats and make all those things disappear? Of course, the “amazing” is only possible because you’re looking at one hand when you should be watching the other. Magicians succeed at performing their tricks to the extent that they succeed at diverting your attention.
That’s why I hate technical indicators; they divert my attention the same way magicians do. Nevertheless, I have found a way to live with them, and I do use them. Here’s how: Rather than using technical indicators as a means to gauge momentum or pick tops and bottoms, I use them to identify potential trade setups.
Three Reasons to Learn to Love Technical Indicators
Out of the hundreds of technical indicators I have worked with over the years, my favorite study is MACD (an acronym for Moving Average Convergence-Divergence). MACD, which was developed by Gerald Appel, uses two exponential moving averages (12-period and 26-period). The difference between these two moving averages is the MACD line. The trigger or Signal line is a 9-period exponential moving average of the MACD line (usually seen as 12/26/9?so don’t misinterpret it as a date). Even though the standard settings for MACD are 12/26/9, I like to use 12/25/9 (it’s just me being different). An example for MACD is shown in Figure 10-1 (Coffee).
The simplest trading rule for MACD is to buy when the MACD line (the thin line) crosses above the Signal line (the thick line), and sell when the MACD line crosses below the Signal line. Some charting systems (like Genesis or CQG) may refer to the MACD line as MACD and the Signal line as MACDA. Figure 10-2 (Coffee) highlights the buy-and-sell signals generated from this very basic interpretation.
Although many people use MACD this way, I choose not to, primarily because MACD is a trend-following or momentum indicator. An indicator that follows trends in a sideways market (which some say is the state of markets 80% of the time) will get you killed. For that reason, I like to focus on different information that I’ve observed and named: Hooks, Slingshots and Zero-Line Reversals. Once I explain these, you’ll understand why I’ve learned to love technical indicators.
![]() |
Keep reading about Hooks, Slingshots, and Zero Line Reversals in The Commodity Trader’s Classroom. This free eBook is filled with 32 pages of actionable trading lessons, such as:
Download your FREE Commodity Trader’s Classroom eBook today! |
This article was syndicated by Elliott Wave International and was originally published under the headline Technical Indicators: A Love-Hate Relationship. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
Five Fatal Flaws of Trading
Close to ninety percent of all traders lose money. The remaining ten percent somehow manage to either break even or even turn a profit — and more importantly, do it consistently. How do they do that?
That’s an age-old question. While there is no magic formula, EWI Senior Instructor Jeffrey Kennedy has identified five fundamental flaws that, in his opinion, stop most traders from being consistently successful. We don’t claim to have found The Holy Grail of trading here, but sometimes a single idea can change a person’s life. Maybe you’ll find one in Jeffrey’s take on trading. We sincerely hope so.
The following is an excerpt from Jeffrey Kennedy’s Trader’s Classroom Collection, Volume 4. Learn how to get 14 more actionable trading lessons — FREE — below.
Why Do Traders Lose?
If you’ve been trading for a long time, you no doubt have felt that a monstrous, invisible hand sometimes reaches into your trading account and takes out money. It doesn’t seem to matter how many books you buy, how many seminars you attend or how many hours you spend analyzing price charts, you just can’t seem to prevent that invisible hand from depleting your trading account funds.
Which brings us to the question: Why do traders lose? Or maybe we should ask, “How do you stop the Hand?” Whether you are a seasoned professional or just thinking about opening your first trading account, the ability to stop the Hand is proportional to how well you understand and overcome the Five Fatal Flaws of trading. For each fatal flaw represents a finger on the invisible hand that wreaks havoc with your trading account.
Fatal Flaw No. 1 — Lack of Methodology
If you aim to be a consistently successful trader, then you must have a defined trading methodology, which is simply a clear and concise way of looking at markets. Guessing or going by gut instinct won’t work over the long run. If you don’t have a defined trading methodology, then you don’t have a way to know what constitutes a buy or sell signal. Moreover, you can’t even consistently correctly identify the trend.How to overcome this fatal flaw? Answer: Write down your methodology. Define in writing what your analytical tools are and, more importantly, how you use them. It doesn’t matter whether you use the Wave Principle, Point and Figure charts, Stochastics, RSI or a combination of all of the above. What does matter is that you actually take the effort to define it (i.e., what constitutes a buy, a sell, your trailing stop and instructions on exiting a position). And the best hint I can give you regarding developing a defined trading methodology is this: If you can’t fit it on the back of a business card, it’s probably too complicated.
Fatal Flaw No. 2 — Lack of Discipline
When you have clearly outlined and identified your trading methodology, then you must have the discipline to follow your system. A Lack of Discipline in this regard is the second fatal flaw. If the way you view a price chart or evaluate a potential trade setup is different from how you did it a month ago, then you have either not identified your methodology or you lack the discipline to follow the methodology you have identified. The formula for success is to consistently apply a proven methodology. So the best advice I can give you to overcome a lack of discipline is to define a trading methodology that works best for you and follow it religiously.Fatal Flaw No. 3 — Unrealistic Expectations
Between you and me, nothing makes me angrier than those commercials that say something like, “…$5,000 properly positioned in Natural Gas can give you returns of over $40,000…” Advertisements like this are a disservice to the financial industry as a whole and end up costing uneducated investors a lot more than $5,000. In addition, they help to create the third fatal flaw: Unrealistic Expectations.Yes, it is possible to experience above-average returns trading your own account. However, it’s difficult to do it without taking on above-average risk. So what is a realistic return to shoot for in your first year as a trader — 50%, 100%, 200%? Whoa, let’s rein in those unrealistic expectations. In my opinion, the goal for every trader their first year out should be not to lose money. In other words, shoot for a 0% return your first year. If you can manage that, then in year two, try to beat the Dow or the S&P. These goals may not be flashy but they are realistic, and if you can learn to live with them — and achieve them — you will fend off the Hand.
Fatal Flaw No. 4 — Lack of Patience
The fourth finger of the invisible hand that robs your trading account is Lack of Patience. I forget where, but I once read that markets trend only 20% of the time, and, from my experience, I would say that this is an accurate statement. So think about it, the other 80% of the time the markets are not trending in one clear direction.That may explain why I believe that for any given time frame, there are only two or three really good trading opportunities. For example, if you’re a long-term trader, there are typically only two or three compelling tradable moves in a market during any given year. Similarly, if you are a short-term trader, there are only two or three high-quality trade setups in a given week.
All too often, because trading is inherently exciting (and anything involving money usually is exciting), it’s easy to feel like you’re missing the party if you don’t trade a lot. As a result, you start taking trade setups of lesser and lesser quality and begin to over-trade.
How do you overcome this lack of patience? The advice I have found to be most valuable is to remind yourself that every week, there is another trade-of-the-year. In other words, don’t worry about missing an opportunity today, because there will be another one tomorrow, next week and next month…I promise.
I remember a line from a movie (either Sergeant York with Gary Cooper or The Patriot with Mel Gibson) in which one character gives advice to another on how to shoot a rifle: “Aim small, miss small.” I offer the same advice in this new context. To aim small requires patience. So be patient, and you’ll miss small.
Fatal Flaw No. 5 — Lack of Money Management
The final fatal flaw to overcome as a trader is a Lack of Money Management, and this topic deserves more than just a few paragraphs, because money management encompasses risk/reward analysis, probability of success and failure, protective stops and so much more. Even so, I would like to address the subject of money management with a focus on risk as a function of portfolio size.Now the big boys (i.e., the professional traders) tend to limit their risk on any given position to 1% – 3% of their portfolio. If we apply this rule to ourselves, then for every $5,000 we have in our trading account, we can risk only $50 – $150 on any given trade. Stocks might be a little different, but a $50 stop in Corn, which is one point, is simply too tight a stop, especially when the 10-day average trading range in Corn recently has been more than 10 points. A more plausible stop might be five points or 10, in which case, depending on what percentage of your total portfolio you want to risk, you would need an account size between $15,000 and $50,000.
Simply put, I believe that many traders begin to trade either under-funded or without sufficient capital in their trading account to trade the markets they choose to trade. And that doesn’t even address the size that they trade (i.e., multiple contracts).
To overcome this fatal flaw, let me expand on the logic from the “aim small, miss small” movie line. If you have a small trading account, then trade small. You can accomplish this by trading fewer contracts, or trading e-mini contracts or even stocks. Bottom line, on your way to becoming a consistently successful trader, you must realize that one key is longevity. If your risk on any given position is relatively small, then you can weather the rough spots. Conversely, if you risk 25% of your portfolio on each trade, after four consecutive losers, you’re out all together.
Break the Hand’s Grip
Trading successfully is not easy. It’s hard work…damn hard. And if anyone leads you to believe otherwise, run the other way, and fast. But this hard work can be rewarding, above-average gains are possible and the sense of satisfaction one feels after a few nice trades is absolutely priceless. To get to that point, though, you must first break the fingers of the Hand that is holding you back and stealing money from your trading account. I can guarantee that if you attend to the five fatal flaws I’ve outlined, you won’t be caught red-handed stealing from your own account.
![]() |
Get 14 Critical Lessons Every Trader Should Know
Learn about managing your emotions, developing your trading methodology, and the importance of discipline in your trading decisions in The Best of Trader’s Classroom, a FREE 45-page eBook from Elliott Wave International. Since 1999, Jeffrey Kennedy has produced dozens of Trader’s Classroom lessons exclusively for his subscribers. Now you can get “the best of the best” in these 14 lessons that offer the most critical information every trader should know. Find out why traders fail, the three phases of a trader’s education, and how to make yourself a better trader with lessons on the Wave Principle, bar patterns, Fibonacci sequences, and more! Don’t miss your chance to improve your trading. Download your FREE eBook today! |
This article was syndicated by Elliott Wave International and was originally published under the headline Five Fatal Flaws of Trading. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
New Year, New High Hopes for Stocks
You can probably relate: Every year, come January 1, I just can’t help but feel that “every little thing is gonna be all right,” as Bob Marley sang.
This year, the mainstream financial community is sharing the same sentiment. Here’s how EWI’s Steve Hochberg summarized it [emphasis added]:
At its conclusion, 2011 was marked by back-and-forth stock swings that resulted in essentially a flat market. My Bloomberg screen shows that the DJIA ended up 5.53% for the year, the S&P was flat…while the NASDAQ was down 1.80%. The broadest aggregate measure of stock market performance, the DJ Wilshire 5000, which includes nearly all stocks that trade, ended 2011 down 1%.
The Dow’s action masks a strongly negative stock market performance overseas. For instance, in U.S. dollar terms, the Euro Stoxx 50 Index was down nearly 20% in 2011, with the FTSE down almost 6%, the French CAC off almost 20% and the German DAX down over 17%. Asian markets were also hit hard. The S&P Asia 50 lost over 15%, the Nikkei declined 13%, the Hang Seng was off 20%, the Shanghai Composite ended 2011 down over 18%, while Australia was lower by 14%. All were down in euro terms, too.
But not to worry: a recent USA Today article notes that a “quick survey of New Year’s prognostications from investment strategists suggests stocks might deliver the double-digit gains that they have put up, on average, over the long term. A snapshot of 2012 year-end-price targets from five firms shows an average gain of 10.5% for stocks.”
Very optimistic, indeed!
Except, when have we heard that kind of talk before?
Hochberg continues:
The “10.5%” forecasted gains for the coming year is interesting because it is almost exactly the average forecasted gains for stocks for 2011, as the subheading in the following Barron’s cover story from December 2010 shows.
That’s right. A year ago, forecasts for stocks in 2011 were just as optimistic as they are now for 2012 — and largely for the same reasons: improving economy, recovering real estate and jobs markets, and a host of other “better fundamentals.”
From an Elliott wave perspective, the reason 2011 mainstream financial forecasts fell flat was simple: Stocks don’t follow the economy. It’s the other way around: The economy follows stocks.
What’s Really Ahead for 2012? There is a lot of optimism building around the stock market, but is it based on sound analysis or hope created by recent economic news reports? Elliott Wave International has released a free report to help you navigate the markets and prepare for what’s ahead. You’ll get hard facts, 25 eye-opening charts and 14 pages of straightforward commentary that will help you see the “big picture” so you can position yourself for the years to come.
Download The Most Important Investment Report You’ll Read for 2012 now.
This article was syndicated by Elliott Wave International and was originally published under the headline New Year, New High Hopes for Stocks. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
May you RIP Steve Jobs – Legendary of Apple CEO
As one of Apple user, it was abit shocking news when hear about Steve Jobs has passed away after battling with his cancer. To my surprise even though he is not my iconic, but to think back his contribution towards making Apple Wonder World. Its such a prestige awards. I believe hes another one in a million if you look at how many people know about using apple product 10 years ago compare to nowdays.
Hereby, I would like this post to become as a tribute for him as part of his idea making my life getting easier today with his technologies of iPhone and iPod.
Should you Rest In Peace Steve Jobs.
——————————————————————–
01:15Steve Jobs‘ has died aged 56 after a long battle with cancer. His death was announced by Apple in astatementsaying: “Apple has lost a visionary and creative genius, and the world has lost an amazing human being.
“Those of us who have been fortunate enough to know and work with Steve have lost a dear friend and an inspiring mentor.
“Steve leaves behind a company that only he could have built, and his spirit will forever be the foundation of Apple.”
Steve Jobs turned his zeal for perfection – whether it be iPod or iPad – into an ideology that dominates modern computing.
Should I get Free Advice or Paid Advice
Literally, we are tend to look for freebies surrounding us. That’s a great thing if you go for shopping but for internet advice thingy, such as trading advice, blogging, internet marketing advice, things are gonna be different. Why would I say that in such a way. Most of the freebies are not appealing than the paid one. Im not talking about appealing as physical but its more on the entire product especially on the content itself.
Yes, indeed I agree free is good. Even I aswell love freebies. But this freebies item, their target scope are quite different. The free advice are more towards beginner user and when it come to advance procedure usually they will make you pay for it.
Nowdays have a bit problem about paid advice, there’s merely hundreds of product launching daily. Thus make the paid advice market are more towards offering quantity than quality. End consumer ended-up to pay product by product to find out that the knowledge are repeated. This is why before you intend to buy something. The ‘Rule of thumb’ you need to follow is, ensure that you do a proper review like doing a google searching to look for all the reviews whether the product is having a green go or not. Ensure that you are reading reviews from authority sites not sales or google sniper site.
But this habit that soliciting for free advice seriously won’t bring you more further. Take a look at bigger picture, how many of them you been seeing or knowing they became rich by following a free advice? and to only know that the rich people that you know are paying for the advice. Let me get you to this analogy, if you’re getting sick, a doctor will definitely serve you for money. Yes, you may have a first initial check-up for free but when you need a follow up, I’m sure you need to fork out some money from your wallet. After all, the charge are for the paid advice for sharing his knowledge on treatment. Unless they are studying medical for a free tuition fee.
This is what we called investment. You pay for a price that is valueable one day for your mind and experience. Dont afraid to invest for paid advice. It will surely give you back much more than you cant ever imagine. Be it money or experience.
Bottom line is, start educationg yourself with a quality paid advice such as buying books, attending seminars or hire someone to make you a better living. Stop making an excuse for your mind investment cause you will surely been staying forever at that such way.
Even this advice is not free. Im getting paid for this
How to Make FeedBurner Show Full RSS Feed for your WordPress
I have this situation, where once I’ve read JohnChow.com e-book titled “Make Money Online”. There’s one tip saying that you may need to full feed your article to maintain your RSS subscription reader. Big mistakes if you’re hoping reader to click the blog to read full article. It was a relief to me since as far as I’m remembered, I’ve turned on “Full Text” feature in WordPress under Setting-Reading tab as below.
To ensure this, I’ve checked my RSS feed using Google Reader and eventually found out that my feed only shows excerpt. The only thing that came out on my mind was FeedBurner as I’m using it to feed my RSS and knowing that my WordPress setting are all good.
The solution to change to full feed is very simple. Once you have log-in to your FeedBurner account. Click the feed title of your blog. You then been navigated to your main blog feed page. Under your feed title or blog name. Click the “Edit Feed Details” and a drop down box will appear. There’s a message saying that “You should not change “Original Feed” unless you move your original feed to a new domain or a new location on your existing server.” Ignore this statement at your peril cause this is what exact things you should change for your feed to show a full feed article by FeedBurner.
What you gonna need to do is just adding “rss2″ at the end of the feed address as for my case. My original feed was
http://blog.cybermoneyinfo.com/feed/
Add a RSS2 at the end to become like this and you’re done with it.
http://blog.cybermoneyinfo.com/feed/rss2
and if your original feed was like this
http://www.yourdomain.com/feed/rss
http://example.com/?feed=rss
change the address to
http://www.yourdomain.com/feed/rss2
http://example.com/?feed=rss2
Voila!! This simple trick will definitely get you at what you want for. If you still in doubt where the on which column to change. Kindly refer picture below.
What Personality Type Makes the Best Trader?
EWI’s Jeffrey Kennedy shows you how your psychological strengths and weaknesses determine your ability to “live long and prosper” in fast-moving markets
September 21, 2011
By Elliott Wave International
Do your decisions rely on data, or do you go with your gut?
Think about your most recent auto purchase. Was it based on meticulous consumer research or did you go with a model that “felt right”?
How about the last time you had to assemble something? Did you read the manual first or just figure it out as you went?
What about your most recent successful stock market trade?
Consistent trading success demands independent thinking and emotional discipline.
Jeffrey Kennedy, our Chief Commodity Analyst and highly-respected tutorial instructor, says:
I just cannot stress enough how you have to manage your emotions whenever you’re on [a] position.
Field dependence can sabotage you unknowingly when you’re trading, because you’ll see a trade signal, the trade will be there, but “it just won’t feel right.”
[It's] one of those things that can sabotage us if we’re not aware of it, or, more importantly, [don't] have a well-defined methodology and the discipline to follow it.
In footage from his trading course in Las Vegas, he goes on to discuss the psychological profile that makes “the best trader:”
Learn more about managing your emotions, developing your trading methodology, and the importance of discipline in your trading decisions in The Best of Trader’s Classroom, a FREE 45-page eBook from Elliott Wave International.
Since 1999, Jeffrey Kennedy has produced dozens of Trader’s Classroom lessons exclusively for his subscribers. Now you can get “the best of the best” in these 14 lessons that offer the most critical information every trader should know.
Find out why traders fail, the three phases of a trader’s education, and how to make yourself a better trader with lessons on the Wave Principle, bar patterns, Fibonacci sequences, and more!
Don’t miss your chance to improve your trading. Download your FREE eBook today!
FXPrimus Broker Review – Why FXPrimus is a better broker
As been claimed by FXPrimus that suitable for beginner. It has it name of what its suggesting from my view. With offering of high leverage (1:500) and micro lots up to 0.01 , it open up the possibility of new trader to trade as low as only $250. From security issue, all client funds are administered by a third party called the Turnstone Group, both large and small Forex traders can rest assured that their money is secure at all times. This is what they name it as Unprecendented Fund Safety which scored 1 point for why FXPrimus is better broker.
Apart from that. you may also opt for Trust Account as an option with a one-time fee of $50. Protect your trades with the safest methods in the industry for ensuring the security of your funds.
Let’s have a general view of this broker
FXPRimus Forex Broker
Founded in: 2009
Headquarters: Ebene, Mauritius
Maximum leverage: 1:500
Minimum deposit: $250
Minimum lot size: 0.01
Funding Option: Credit card, Wire transfer, Local deposit in 53 countries, Moneybookers
Withdrawal Option: Wire Transfer ($50 Fee), FXPrimus Mastercard, Moneybookers
Languages available: English (but MT4 platform is available in 28 languages)
Regulation: FSC Mauritius (See original PDF document)
Trading Platform: Popular MT4, Web-based Platform, Iphone apps (FX-onTap)
Features
FXPrimus offers training for all new traders / beginners. Once you open your live account you’re entitled to have video seminar conducted by CNBC Market Analyst which acting as FXPrimus Director of Training and Education. Its great opportunity as my early day of trading with other broker. I didnt know any learning source except to learn at BabyPips.
FXPrimus offer two types of open order which are STP (Straight Through Processing) and ECN Broker depending on the trader preference. With ability of funding fund from localbank (53 countries), withdrawal also is just at your fingertips and free hassle. They the unique ability to withdraw money via a prepaid Mastercard, which is an excellent way to reduce fees and waiting time or else for me myselft will prefer to be paid by moneybookers. I wish they had Paypal
For security, it will surely get you a better sleep than before by its FSC security which impressed me that if this brokerage failed. The money still protected to us.

Another good things is you can trade any of style you wanted it to be, be it if you want to hedge, you are a scalper with instant and quick open close position, you’re intraday or long term or you’re using EA to trade. You will receive no warning of any style and all hassle free with NO requotes and NO slippage during normal market volatility. Get in and out at the price you want to plus with any quantity you want. Name it micro lots, mini lots or standard lots.
Customer Care
They offer 24 x 5 customer support by live chat and email. Response to your queries within 12-24 hours regardless of your account size. For my personal experience, they replied to me less than one hour of my account processing question. Since we are living in Malaysia, based on our experience, its best to do processing in US market session. But worry no more, live chat does really offer 24hours a day within 5 days of active market.
Final Verdict
Finally, to conclude all of this, there’s no question that FXPrimus will definately proven and angling towards one of best broker in the world. With more demand of the trader’s financial and emotional needs, FXPrimus offers tremendous convenience and a thoroughly enjoyable trading experience for those who are interested in using the MT4 platform not to forget EA testers
. In fact, you will know better when this broker is in your shoes. Why not start your first step to Open Demo Account in FXPrimus to get the real sensation of what it feels to have FXPrimus as a better broker experience.
All the Best from us
CyberMoneyInfo.com













