GET PAID TO TRADE, get paid to trade forex.

Get paid to trade forex

Get paid to trade! Yes you can! Please visit the individual broker pages (on the cashbackforex site) for more details on how to receive cash back on an existing account.

Huge forex bonuses

GET PAID TO TRADE

Get paid to trade!

Now, what I am going to tell you about here is something that EVERY TRADER should be doing in their trading!

This is a way to share in the profits of brokers on ALL your transactions with them!

I mean think about it…if you could:

• Get money back on your credit card transactions, would you?


• Get money back from the car dealer when you buy a car, would you?


• Get money back from your supermarket when you pay for your groceries, would you?


• Share in the profit that your bank makes off of you, would you?

There is always some form of this happening in all the industries around you, and we all take advantage of such things like cash back offers on certain purchases or air miles through credit card companies, but this has never happened in the trading business for end users…until now!

This surpasses all the things mentioned above because we are not talking about a single transaction here, we are talking about making cash back on EVERY single trade, REGARDLESS OF IF YOU WIN OR LOSE in that trade!

Think about what that actually means:

This compounded over time will SKYROCKET your trading account, ALL WITH MONEY YOU WOULD NEVER HAVE RECEIVED!

Who ever has the chance to share in your brokers profits.

Well now you can! With this ingenious company called cash back forex!

Here is what their business plan is, and how YOU make money from your broker account through them (even on your existing broker accounts):

Why use cashbackforex?

Here are some faqs:

Can I receive cash back on my existing broker account?

Yes you can! Please visit the individual broker pages (on the cashbackforex site) for more details on how to receive cash back on an existing account.

The rebate agreements we have with each broker is different, and brokers also have their own policies regarding earning rebates on existing accounts that were not opened from cashbackforex.Com. For these reasons, the existing account procedure is different for each broker.

For example, the process for IC markets is as follows:

“to receive rebates as an existing IC markets client, you would go to the link on their broker page and would simply follow the instructions under the title “to receive cash back from an existing account”.

Whereas the process for pepperstone is much different:

“to receive rebates with an existing pepperstone account, please follow one of these two steps:

1) if your account is not already under any IB, please contact pepperstone directly and ask them if it is possible to have “clear markets, ltd.” listed as the IB on your account.

2) if your account already has an IB, please contact pepperstone directly and ask them if they will let you change the IB in your existing account to “clear markets, ltd.” (parent company of cashbackforex.Com) or if they will let you open a new account using the links on our website. Please let us know the outcome of any conversation you may choose to have with the broker.”

These are just two examples, but all of the brokers on our website have different procedures. In most cases, the instructions for receiving rebates on an existing account are listed on the broker’s page under the title “to receive cash back on an existing account”. If there are no instructions listed or you have any questions about the instructions, please feel free to contact us for more information.

Will my spreads and/or commissions increase if I open an account through you?

Never! When you open an account through us, your spreads and commissions will be EXACTLY the same as those offered on the broker’s website.

How so? The broker pays the introducing broker (us) part of the spread as compensation for referring a trader to them. The trader gets access to the same tight spreads that are available to all other clients of the brokerage. We, in turn, share a potion of our compensation with our clients as a cash refund on every trade they take; as a way of saying thank you for signup up through us.

Thus, you will receive exactly the same spreads, commission, execution, and other levels of service from your chosen forex broker as if registering direct with that broker.

The only difference is that, by opening your account through us, you will receive cash back!

What I love about this rebate program is that it all makes perfect sense!

We all know that there are introducing brokers out there that make a commission for referring trades over to brokers, and what cashbackforex is simply doing is taking a big cut from brokers profits, and then sharing that with the end user….YOU!

So this is why I say that I think EVERY trader should be doing this!

You’d be crazy not to! It is literally free money that you would never see if it wasn’t for this rebate program, and you are doing nothing different with your trading, just carry out your trades, and receive money back for doing so.

Remember, over time, this is going to be a lot of money, especially when you think about compounding the proven profits made by the FX edge members. ��

Signup now or connect your existing broker account to cashbackforex:

How to get the best funded trading accounts?

Fully funded trading account

A forex trading job is recognized to be one of the most challenging jobs in the market due to the sheer of variables that need to be considered before implementing any decisions.

The forex market is extremely volatile, and there are very few alternatives offered to traders to accumulate funds for their account. However, you don’t have to worry about money when you get selected to trade with a funded trading account. That happens when you show great experience and skill in making profitable trades, along with the consistency of your trade.

If you show a proprietary trading firm that you are skilled and talented, and can be counted among the top forex traders, you will get the chance to join some of the best-funded proprietary funds in the market.

What are funded trading accounts at A proprietary forex fund?

A forex funded trading account at a proprietary forex fund is one of the main goals for all forex traders because that is the pinnacle of their industry. There are a lot of great proprietary forex funds that are offering traders the chance to showcase their talent and skill with a funded trading account. At the5ers proprietary firm, we offer traders the chance to elevate their trading career to the next level. We offer traders with everything they need to be successful in forex trading , if they prove their skills, and have a track record of being a successful trader.

How to choose the best funded trading accounts?

Here are some important points to understand about how to choose a funded trading account, which traders tend to get confused about, or that firms manipulate the way they present them to confuse traders:

Share split

It is important to analyze this point together with the possible account size.

Most companies will offer 60% to 80% percentage of the profits for the trader in 100K to 300K accounts.

The5ers gives up to 1.28 million accounts with a 50%-50% split. So you keep a little less percentage of the profits, in a significantly larger trading account.

Remember that when you are taking the very same winning performance, the actual money-earning potential is what matters and not the percentage split.

Payout and growing terms

The5ers is the only fund that actually pays every month, no minimum, and no maximum applied.

The5ers is the only fund that pays and at the same time saves your milestone progression at the same level!

Meaning you pull out money every month, and you don’t hold your growth rate.

With other companies, you have to choose between taking the profits or leaving them for growth.

Terms

The duration & phases of the time you spend on being evaluated are also interesting to compare.

Most companies have 2 phases of testing before real funding and in most cases, those phases happen on demo accounts.

The5ers has only 1 evaluation phase, and it is actually on a live trading account. So practically you are already being funded – only with 1/4th of the account, you will get once you succeed. And you get paid for the profits made during the evaluation by the 50% split share.

Most companies will ask you to make a 10% profit on your evaluation account, in one month! Although it is possible to achieve, this objective doesn’t suit long term strategies and promotes overleveraging. With the 5ers you need to make 6%-7% in a maximum period of 6 months.

Weekends and nights

Look if you are allowed to leave open trades overnight and over the weekends.

Most companies won’t allow it.

The5ers.Com allows overnight and over the weekend trades, which is crucial for long term traders.

Recurring fees

In some companies, you will have to pay an initial fee plus a monthly fee.

With the5ers, there are no monthly payments. To get evaluated you only need to pay a one-time enrollment fee.

How to get qualified for a funded trading account

There aren’t any special qualities that qualify you for a funded trading account, other than proving your skills. You must show consistent results in forex trading and prove that your trading strategy is profitable. There are plenty of traders that get good results, but it can also be a fluke win, and to qualify for a funded trading account, you must showcase consistently profitable trades.

Sign up to evaluate your trading

When you sign up to trade with some of the best forex proprietary funds in the market, your trading style is going to be evaluated by the firm first. You will have to pay for the signup fee, but other than that there are no additional costs to be in a forex funded account program.

After a few weeks in testing, you will be totally in the risk-free trading zone

Once you have passed the initial evaluation, you will be tested for a few weeks, so that the proprietary firm can get a good feel of your trading style. Once you pass those few weeks, you will enter the risk-free trading zone, which is when you will be given your own funded trading account.

Get paid to trade forex

After proving yourself in the forex market with consistently profitable trades, you will earn the right to get paid to trade in the forex market. This is the best step for your trading career, as it allows you with the chance to test yourself among the best traders that are currently trading in the market.

Develop your trading career from home

When you get the chance to work with a forex funded account, your trading career is on the rise. It is best to choose a remote proprietary trading firm to work with, like the5ers, since they offer traders the chance to develop their trading career from home. This additional flexibility allows traders to trade in the market at their own time, and from wherever they choose to trade from.

Get high capital to trade

Once you are in the forex funded account program, you must keep showcasing your skills as a forex trader to climb even higher up the ladder. If you show great results while forex trading, then you will get a funded trading account with even bigger capital, so you can trade more. Only the top forex traders get that chance, and only after they apply the risk management requirements of the proprietary firm.

You can trade any trading strategy

One of the primary benefits of trading with a funded trading account is that you can trade any style without any fear of your style being compromised. You can choose any style, from scalping, day trading, to long-term position holding, swing trading, fundamentals analysis, or technical analysis trading strategies. The only thing you must keep in mind is that you must deliver profitable trades and results with your trading style.

Get your funded trading account with the5ers

There are a lot of forex proprietary firms in the market, but the5ers stands head and shoulders above them all. We are a remote proprietary trading firm, that offers some of the best forex proprietary trading funds on the market. Our forex funded account program has helped countless traders to develop their trading career, and if you are among the top forex traders in the market you should enroll now.

We have worked with some of the best forex traders in the market and offer them the following incentives, along with the best forex trading job.

Risk-free trading

Don’t risk your money anymore on the forex market. This is risk-free trading that allows you to not only think big but take more chances to get profitable trades in the market.

Develop a trading career

One of the biggest benefits of trading with our funded trading account is that we give all traders the chance to develop their careers. You will be assigned for the highest rewarding trading growth program, where you can build up your trading assets to make a substantial living.

Zero cost from your side

You don’t need to worry about the cost because there are none from your side when you work with the5ers funded trading account. You only pay for the signup fee and the rest is handled by the proprietary firm, so you get complete freedom to become the best trader you can.

Bring your own trading strategy

Worried about compromising your trading strategy? That isn’t even a consideration when you work with a funded trading account, because you have complete freedom as a trader to use your own trading strategy. That ensures that you don’t second guess yourself and keep using the trading strategies that made you successful.

Apply the fund risk management requirements to your own trading strategy

When trading with a forex funded trading account, you must follow the risk management requirements of the funded account. That ensures that you don’t take unnecessary risks that may jeopardize the capital in your funded account.

Final words about funded trading accounts

There are a lot of forex proprietary firms in the market today that are offering traders the chance to elevate their trading career. Choosing the right firm, like the5ers, will give you the chance to trade with some of the best forex traders in the industry.

If you want to receive an invitation to our weekly forex analysis live webinars, trading ideas, trading strategy, and high-quality forex articles, sign up for our newsletter.

How much money can I make forex day trading?

Julie bang @ the balance 2021

Many people like trading foreign currencies on the foreign exchange (forex) market because it requires the least amount of capital to start day trading. Forex trades 24 hours a day during the week and offers a lot of profit potential due to the leverage provided by forex brokers.   forex trading can be extremely volatile and an inexperienced trader can lose substantial sums.  

The following scenario shows the potential, using a risk-controlled forex day trading strategy.

Forex day trading risk management

Every successful forex day trader manages their risk; it is one of, if not the most, crucial elements of ongoing profitability.

To start, you must keep your risk on each trade very small, and 1% or less is typical.   this means if you have a $3,000 account, you shouldn't lose more than $30 on a single trade. That may seem small, but losses do add up, and even a good day-trading strategy will see strings of losses. Risk is managed using a stop-loss order, which will be discussed in the scenario sections below.

Forex day trading strategy

While a strategy can potentially have many components and can be analyzed for profitability in various ways, a strategy is often ranked based on its win-rate and risk/reward ratio.

Win rate

Your win rate represents the number of trades you win out a given total number of trades. Say you win 55 out of 100 trades, your win rate is 55 percent. While it isn't required, having a win rate above 50 percent is ideal for most day traders, and 55 percent is acceptable and attainable.

Risk/reward

Risk/reward signifies how much capital is being risked to attain a certain profit. If a trader loses 10 pips on losing trades but makes 15 on winning trades, she is making more on the winners than she's losing on losers. This means that even if the trader only wins 50% of her trades, she will be profitable. Therefore, making more on winning trades is also a strategic component for which many forex day traders strive.

A higher win rate for trades means more flexibility with your risk/reward, and a high risk/reward means your win rate can be lower and you'd still be profitable.

Hypothetical scenario

Assume a trader has $5,000 in capital funds, and they have a decent win rate of 55% on their trades. They risk only 1% of their capital or $50 per trade. This is accomplished by using a stop-loss order. For this scenario, a stop-loss order is placed 5 pips away from the trade entry price, and a target is placed 8 pips away.

This means that the potential reward for each trade is 1.6 times greater than the risk (8 pips divided by 5 pips). Remember, you want winners to be bigger than losers.

While trading a forex pair for two hours during an active time of day it's usually possible to make about five round turn trades (round turn includes entry and exit) using the above parameters. If there are 20 trading days in a month, the trader is making 100 trades, on average, in a month.

Trading leverage

In the U.S., forex brokers provide leverage up to 50:1 on major currency pairs.   for this example, assume the trader is using 30:1 leverage, as usually that is more than enough leverage for forex day traders. Since the trader has $5,000, and leverage is 30:1, the trader is able to take positions worth up to $150,000. Risk is still based on the original $5,000; this keeps the risk limited to a small portion of the deposited capital.

Forex brokers often don't charge a commission, but rather increase the spread between the bid and ask, thus making it more difficult to day trade profitably. ECN brokers offer a very small spread, making it easier to trade profitably, but they typically charge about $2.50 for every $100,000 traded ($5 round turn).

Trading currency pairs

If you're day trading a currency pair like the USD/CAD, you can risk $50 on each trade, and each pip of movement is worth $10 with a standard lot (100,000 units worth of currency).   therefore you can take a position of one standard lot with a 5-pip stop-loss order, which will keep the risk of loss to $50 on the trade. That also means a winning trade is worth $80 (8 pips x $10).

This estimate can show how much a forex day trader could make in a month by executing 100 trades:

Gross profit is $4,400 - $2,250 = $2,150 if no commissions (win rate would likely be lower though)

Net profit is $2,150 - $500 = $1, 650 if using a commission broker (win rate would be like be higher though)

Assuming a net profit of $1,650, the return on the account for the month is 33 percent ($1,650 divided by $5,000). This may seem very high, and it is a very good return. See refinements below to see how this return may be affected.

Slippage larger than expected loss

It won't always be possible to find five good day trades each day, especially when the market is moving very slowly for extended periods.

Slippage is an inevitable part of trading. It results in a larger loss than expected, even when using a stop-loss order. It's common in very fast-moving markets.

To account for slippage in the calculation of your potential profit, reduce the net profit by 10% (this is a high estimate for slippage, assuming you avoid holding through major economic data releases). This would reduce the net profit potential generated by your $5,000 trading capital to $1,485 per month.

You can adjust the scenario above based on your typical stop loss and target, capital, slippage, win rate, position size, and commission parameters.

The final word

This simple risk-controlled strategy indicates that with a 55% win rate, and making more on winners than you lose on losing trades, it's possible to attain returns north of 20% per month with forex day trading. Most traders shouldn't expect to make this much; while it sounds simple, in reality, it's more difficult.

Even so, with a decent win rate and risk/reward ratio, a dedicated forex day trader with a decent strategy can make between 5% and 15% a month thanks to leverage. Also remember, you don't need much capital to get started; $500 to $1,000 is usually enough.

The balance does not provide tax, investment, or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal.

Forex t4tcapital trading programme

$25,000 – $50,000 – $100,000

Single signup fee – no subscription!
Unlimited time to reach profit target!

TRADE FOREX, EQUITY INDICES, GOLD & OIL

How it works

Find out how our t4tcapital trading programme can work for you.

Trading rules

The key to success is understanding the rules of engagement.

All your questions answered. Use the webchat at the bottom for support.

Reset account

In the dreaded draw down or breached a limit – you can reset here.

Forex t4tcapital™ trading programme

Anyone can get funded!

GET FUNDED
HOW IT WORKS

Our forex t4tcapital™ trading programme has been created for everyone, whether you are new to trading or a veteran trader that wants to trade the foreign exchange market without risking their own capital. If you have never traded forex before we highly recommend taking our diploma in professional forex trading, our foundation online forex trading courses or one of our in-person fast track forex workshops, where you will get a USD$100,000 practical assessment included and an easy guide to passing the practical assessment. If you are a seasoned forex trader then you simply select the account size you wish to trade and get started straight away.

PROVE YOU CAN TRADE

Prove you can trade by reaching our profit targets without breaking our rules of engagement.
It’s that simple!

TRADE OUR ACCOUNTS

Once you have passed the practical assessment you will then be allocated one of our accounts to trade and start making up to 80% of your profits.

PROVE YOU CAN TRADE

Account selection and pricing for the assessment stage

Select a suitable evaluation account. This account will be a demo account trading with virtual money. Choose wisely as this account will be the same account you are funded with if you successfully pass the assessment. To pass the assessment you simply need to comply with the ‘rules of engagement’ and reach the specified profit target for the account size chosen. There is no time limit.

No monthly subscription – no time limit to achieve the profit target – no complicated rules

Select your practical assessment:

$100,000 account parameters

starting balance:	$100,000
profit target:	$10,000
weekly loss limit:	$2,000
maximum loss limit:	$4,000

ONE PAYMENT – NO MONTHLY SUBSCRIPTION

USD$350

UNLIMITED TIME TO ACHIEVE YOUR PROFIT TARGET

$50,000 account parameters

ONE PAYMENT

USD$250

$25,000 account parameters

ONE PAYMENT

USD$199

Understand the basic rules

Drawdown limits

Weekly loss limit

At the commencement of your practical assessment, the weekly loss limit is set at:

• $500 for the $25,000 account


• $1,000 for the $50,000 account


• $2,000 for the $100,000 account

The purpose of the weekly loss limit is to protect last week’s profits. The weekly loss limit remains static from the monday open until the friday close of trading. At the end of each trading week, the weekly loss limit is re-calculated on the account balance at 5 pm new york on friday. On the monday open, the weekly loss limit is reset according to your new balance. The weekly loss limit stays in play throughout the lifecycle of the trading account.

If you hit or exceed the weekly loss limit, with either realized or unrealized P/L at any time during the trading week, (monday to friday) your account will be disabled. Any open trades may not be auto-liquidated; however, you will become ineligible for funding. To continue with the opportunity for funding, your practical assessment account requires a reset.

The weekly loss limit stays in play throughout the lifecycle of the trading account.

Maximum loss limit

T the commencement of your practical assessment, the trailing maximum loss limit is set at:

• $1,000 for the $25,000 account


• $2,000 for the $50,000 account


• $4,000 for the $100,000 account

The purpose of the trailing maximum loss limit is to protect your overall profits. The trailing maximum loss limit (as the name implies) trails your highest account balance throughout the practical assessment. If you add profits, the maximum loss limit also moves higher. If you have lost money, the trailing maximum loss limit remains the same as the previous day.

If you hit or exceed the trailing maximum loss limit at any time, with realized or unrealized losses, your account will be disabled. Any open trades may not be auto-liquidated; however, your account will become ineligible for a funding. To continue with the opportunity for funding, your practical assessment account requires a reset.

Trading rules

Maximum aggregate trade size

The maximum ‘aggregate’ trade size is the aggregate of all open positions and all pending orders.

Note: the maximum trade size depends on what account you selected (see table above). You can trade the maximum trade size from the outset.

If you want to leave pending orders and you already have open positions, then you must ensure that the sum of all open positions plus potential pending orders does not breach the maximum position size.

Example: $100K account has maximum trade size of 10.0 lots

If a trader has 5.0 lots in open positions and has 7.0 lots of pending orders this is a breach of the maximum trade size rules because the aggregate of all open and pending orders is 12.0 lots.

A stop-loss order must be attached to every open position or pending order

Every time you open a position or place a pending order in the market it must have a valid stop loss attached to it!

Why pending orders? Because the entry order could be triggered and with no stop loss attached that could result in the entire account being lost.

Your stop-loss orders cannot exceed your available limits

Your stop loss order, if triggered, must keep your account balance above your current available drawdown limits, whether that be the weekly loss limit or the trailing maximum loss limit. This is known as a ‘valid stop loss’ order.

If your stop loss orders on your open positions or pending orders are ‘not valid’ then your account is automatically in breach of the rules.

For example: if you only have $1,000 available on your maximum drawdown limit then opening a position with a stop loss that would generate a $5,000 loss if hit, is not acceptable. It is ‘invalid’ and would be an immediate breach of the rules even if the open position is in profit!

If you have multiple positions, the cumulative sum of all stop-loss orders must not exceed your current available drawdown limits.

If you do not have a valid stop loss order attached to your open positions your practical assessment will be suspended immediately regardless if your position is in profit or loss and you will need to be reset to be eligible for funding.

If you breach this rule with a live t4tcapital account, your account will be closed immediately, and your outstanding profits will be split according to the profit share.

Example of a valid stop loss order:

Let’s say you have a $2,000 drawdown limit available.

You open a 10 lot position on EURUSD with a 20 point stop loss. If the stop loss is hit the account will lose $2,000.

That’s right on the drawdown limit. That is OK.

Example of an invalid stop loss order with one position:

Let’s say you have a $2,000 drawdown limit available.

You open a 10 lot position on EURUSD with a 25 point stop loss. If the stop loss is hit the account will lose $2,500.

That’s $500 more than the drawdown limit. This is a breach!

Example of an invalid stop loss order with multiple position:

Let’s say you have a $2,000 drawdown limit available.

You have 4 open positions of 2.5 lots on EURUSD with a 30 point stop loss on each. Each stop-loss equates to a $750 loss if it is triggered.

If all stop-loss orders are hit the account will lose $3,000. (4 x $750 = $3,000)

That’s $1,000 more than the drawdown limit. This is a breach!

As soon as our team identifies you have overexposed the account your practical assessment will be suspended immediately.

All open positions must be closed & any pending orders cancelled before 7 pm GMT friday

You are not permitted to hold positions over the weekend. All positions need to be closed out no later than friday 7.00pm GMT/UTC.

If you have an open position over the weekend you will require a reset to continue to be eligible for funding.

You are permitted to trade at all other times except if T4T management halts all trading due to ‘unforeseen highly volatility international events’. In this case, T4T management will notify you directly about the trading halt.

If you breach any rules or drawdown limits you need to pay a reset fee to continue trading

If you breach any rules or drawdown limits, you’ll need to reset your trading account to continue to be eligible for funding. The reset costs $199 and your account will be reset to its starting balance regardless of your account balance at the time of the breach.

We expect our traders to be honest. Once a trader hits a profit target our team will be reviewing all trading activity prior to funding the accounts.

If we find backdated rule breaches your account will be ineligible for funding. So, it makes sense if you breach any rules, notify our team straight away and reset your practical assessment. It will save a lot of heartache by having you make the profit targets only to be informed that your practical assessment account needs to be reset.

Get paid to trade forex

We empower forex & stock traders by giving them the necessary funds to earn a full-time income from home. Traders are given the freedom to bring any successful day-trading strategies they may have and apply them !!

Have you got the SKILLS to pay the BILLS?

In order to secure these funds, you just need to pass the evaluation phase. In this FREE evaluation, you will need to deposit a stake to one of the select brokers, trade and we will monitor you for a few months. If you can display the attributes we look for, you’ll unlock the fully funded account.

The 3 simple steps to get funded

Get evaluated with a LIVE trading account

Secure a fully funded account

View our intro video

View our intro video

Invest responsibly. Trading the FX & stock markets can be challenging and potentially profitable for investors. You should carefully consider your investment objectives, level of experience, risk appetite and whether you can afford to take the risk of losing your evaluation fee.

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US-based traders

Non US-based traders:

Other non US-based traders

PORTFOLIO MANAGER

A trader who has completed with success the trading evaluation phase, and currently trading for funded trader.

QUALIFY ACCOUNT

The initial balance of the account once a trader successfully meets all of the objectives in the evaluation account.

FULLY FUNDED ACCOUNT

Is the account the trader receives to trade. The fund’s authorised personnel will monitor and evaluate the trading activity in this account to verify the trader is complying with the trading policy of the fund.

PROFIT WITHDRAWAL

A trader is entitled to a share of the profits made in the assigned trading account. In the evaluation phase the trader is entitled to 100% of their profits.

GROWTH SCHEME

Once a trader becomes an official portfolio manager for funded trader, the fund may promote the trader’s account as specified by the growth scheme. Yet it is the sole privilege of the fund to deny or delay promotion or change the promotion terms. The growth scheme may change according to the fund’s decision.

EVALUATION ACCOUNT OBJECTIVES

The trading policy a trader must apply in their trading activity, in order to qualify for a portfolio manager for funded trader.

TRADEABLE SECURITIES

Trading activity is limited to forex majors currencies and their combinations: USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD.

The following is a list of securities permitted to trade:

Forex majors: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF.

Forex majors crosses: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, GBPNZD, NZDCAD, NZDCHF, NZDJPY

A trader must avoid trading any other securities unless requested and permitted by the funds official representative. Trading securities which are not permitted for trading may result in termination of the fully funded account or failing the evaluation phase.

OWNERSHIP OF FULLY FUNDED ACCOUNTS & FUNDS

It is to be acknowledged and clear; that the fully funded trading accounts and the funds are the sole property of funded trader. The portfolio manager has no rights over any of the properties mentioned.

TRADING TERMS

MAX EXPOSURE

The maximum allowance of lots summarised by all open positions, regardless of the trade direction (long or short). Exceeding the max exposure value, will automatically disqualify the trader and cause the final termination of the fully funded account. Any position at profit with SL above profit (minus commissions and swap charges), may be ignored in calculating the max exposure.

MAX DRAWDOWN

The maximum drawdown allowance in the account. A drawdown (DD) is the maximum change of equity value between the equity peak value and the equity value. This includes closed and open orders. Exceeding the max drawdown limitation, will disqualify the trader and cause the final termination of the fully funded account.

MINIMUM TRADES

Any position must have a hard stop loss value not greater than the value specified. Failing to place stop loss orders will cause the final termination of the fully funded account.

STOP-LOSS PER POSITION

Any position must have a hard stop loss value not greater than the value specified. Failing to place stop loss orders will cause the final termination of the fully funded account.

TIME LIMIT

The period of time that a trader should accomplish the evaluation objectives is up to 6 months. The time limit may be extended if a trader requests it and upon approval from the director of the fund.

PROFIT WITHDRAWALS

Trading on the fully funded account entitles the trader to withdraw profit by the percentage level specified in the plan of choice.
Profits withdrawals are paid in the following possible circumstances:

1. A trader had completed with success the evaluation objectives.


2. A trader files a withdrawal request.


3. A trader was disqualified and the account balance contains profits.


4. A trader of a fully funded account may apply for a profit withdrawal request only once. Once a profit withdrawal is requested, the fund will close all open positions and any profits will be paid by the specified split.

TERMINATION OF A FULLY FUNDED ACCOUNT

The fund will terminate a fully funded account by the following circumstances:

– A trader has exceeded the maximum drawdown allowance

– A trader has exceeded the maximum exposure allowance

– A trader fails to apply proper stop loss for all trades

A terminated account will not be recovered. Once a trader has been disqualified while profits exist in the account, the fund will close all open orders and terminate the account from further trading. Any profits will be paid out by the specified split.

The trader of a terminated fully funded account may apply again for a new evaluation phase from the start. The required minimum deposit in the evaluation phase for the chosen account (regardless of the amount) would become payable again in the event the trader wanted to get evaluated again.

PORTFOLIO MANAGER

A trader who had completed with success the trading evaluation phase and currently trading for funded trader.

QUALIFY ACCOUNT

The initial balance of the account once a trader successfully meets all of the objectives in the evaluation account.

TP EVALUATION ACCOUNT

(take profit evaluation account) is the account the trader receives to trade. The fund authorised personnel will monitor and evaluate the trading activity in this account to verify the trader is complying with the trading policy of the fund. The evaluation account balance is lower by one half of the portfolio account balance, received once the trader is qualified. E.G. To qualify for a fully funded $50,000 account, a trader must trade an evaluation account of a $25,000.

PROFIT WITHDRAWAL

A trader is entitled to a share of the profits made in the assigned trading account, whether it is on an evaluation account or in a portfolio manager account.

GROWTH SCHEME

Once a trader becomes an official portfolio manager for funded trader, the fund may promote the trader’s account as specified by the growth scheme. By default, any portfolio manager for the funded trader. Yet it is the sole privilege of the fund to deny or delay promotion or change the promotion terms. The growth scheme may change according to the fund’s decision.

EVALUATION ACCOUNT OBJECTIVES

The trading policy a trader must apply in their trading activity in order to qualify for a portfolio manager position with funded trader.

EVALUATION ACCOUNT FEE

A fee a trader pays to the fund for the privilege to receive a real money trading account with profit sharing and to be evaluated by the fund’s trading directors for becoming a portfolio manager for funded trader. This is non-refundable once a trader has received access to their LIVE account or commenced trading activity.

EVALUATION ACCOUNT TRADING GUIDELINES & OBJECTIVES

Meeting all the following guidelines and objectives entitles the trader to perform as a portfolio manager for funded trader, with a fully funded trading account.

TRADEABLE STOCKS

Traders are limited to trading stocks on the AMEX, NASDAQ and new york stock exchange (NYSE). Platform accessibility is during US market hours (9:30 a.M. To 4 p.M. EST, except stock market holidays). US based traders are not eligible for stock funded accounts. A trader must avoid trading any other stocks unless requested and permitted by the funds official representative. Trading stocks which are not permitted for trading may result a termination of the evaluation or fully funded account.

OWNERSHIP OF ACCOUNTS, TECHNOLOGY AND FUNDS

It is to be acknowledged and clear; that the trading accounts, the technology, software, the funds worth are the sole property of funded trader. The portfolio manager has no rights over any of the properties mentioned.

TRADING TERMS

MAX TRADE SIZE

Exceeding the max trade value, will automatically disqualify the trader, and cause the final termination of the evaluation or fully funded account. Any position at profit with SL above profit (minus commissions and swap charges), may be ignored in calculating the max exposure.

MAX DRAWDOWN

The maximum drawdown allowance in the account. A drawdown (DD) is the maximum change of equity value between the equity peak value and the trough equity value. This includes closed and open orders. Exceeding the max drawdown limitation, will disqualify the trader, and cause the final termination of the evaluation or fully funded account.

MINIMUM TRADES

The minimum count of trades required in the evaluation account is 40. A trader must exceed the number of minimum trades to qualify for a portfolio manager account.

• TIME LIMIT – the period of time that a trader should accomplish the evaluation objectives is up to 6 months. After the due date, the account will be terminated and the trader will be disqualified. If any profits exist in the account, the fund will send the trader’s share of profits. The time limit may be extended if a trader request from the fund, and by the fund directors approval.

PROFIT WITHDRAWALS

Trading on the TP evaluation account entitles the trader to withdraw profit by the percentage split specified in the plan of choice.
Profit withdrawals are paid in three possible circumstances:

1. A trader had completed with success the evaluation objectives.


2. A trader files a withdrawal request.


3. A trader was disqualified and the account balance contains profits.

• Once a trader completed with success the evaluation objective, the fund will terminate the account, pay out the profits for the trader by the specified split, and reward the trader with a new portfolio manager account.


• A trader of an evaluation account may apply for a profit withdrawal request only once. Once a profit withdrawal is requested, the fund will close all open positions, terminate the account and the trader is announced disqualified. Any profits will be paid by the specified split.


• Once a trader has been disqualified while profits exist in the account, the fund will close all open orders and terminate the account from further trading. Any left profits will pay out by the specified split.

TERMINATION OF AN EVALUATION ACCOUNT

The fund will terminate an evaluation account by the following circumstances:

– A trader had exceeded the maximum drawdown allowance

– A trader had exceeded 50% of the allowable maximum drawdown within 3 months or less

– A trader had exceeded the maximum trade size allowance

– A trader had exceeded the time limit without accomplishing the evaluation objectives

– A trader had exceeded the maximum daily loss allowance 3 times or more

Once an evaluation account is terminated, it will be disabled from further future trading. A terminated account will not be recovered. A trader of a terminated evaluation account may apply again for new evaluation plan from start. The current evaluation fee for the chosen account, regardless of the amount of the original fee paid, would become payable again in the event the trader wanted to open another trading account.

The scope of this privacy policy

Effective date: 1 january 2020. This privacy policy outlines what types of information are collected from our account holders, users, and visitors (“you”, “your” or “user”), to whom it may be disclosed, and how that information may be used by funded trader. (“funded trader”, “we”, “our” or “us”), as each of the foregoing relates to your use of funded trader web site, (the “site”). Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your personally identifiable information in accordance with our website. By using our website you agree that you have read, understood, and consented to this privacy policy and our terms of use. We reserve the right to change this policy including altering the purposes for which it processes your personal information. In the event that funded trader considers it appropriate to make any such change, the policy will be updated and posted on our site. Your continued use of the site will constitute acceptance of those changes. The date on which the then current privacy and cookie policy came into force will be as stated at the top of this privacy policy.

Collection of personal data

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Collection of personally identifiable information (PII)

PII, as used in privacy and electronic communications regulations, is information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify an individual in context.

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Types of data collected

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Analytics

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How to make money trading forex

How does forex trading work?

In the forex market, you buy or sell currencies.

Placing a trade in the foreign exchange market is simple. The mechanics of a trade are very similar to those found in other financial markets (like the stock market), so if you have any experience in trading, you should be able to pick it up pretty quickly.

And if you don’t, you’ll still be able to pick it up….As long as you finish school of pipsology, our forex trading course!

The objective of forex trading is to exchange one currency for another in the expectation that the price will change.

More specifically, that the currency you bought will increase in value compared to the one you sold.

Trader’s action	EUR	USD
you purchase 10,000 euros at the EUR/USD exchange rate of 1.1800	+10,000	-11,800*
two weeks later, you exchange your 10,000 euros back into U.S. Dollar at the exchange rate of 1.2500	-10,000	+12,500**
you earn a profit of $700	0	+700

*EUR 10,000 x 1.18 = US $11,800
** EUR 10,000 x 1.25 = US $12,500

An exchange rate is simply the ratio of one currency valued against another currency.

For example, the USD/CHF exchange rate indicates how many U.S. Dollars can purchase one swiss franc, or how many swiss francs you need to buy one U.S. Dollar.

How to read a forex quote

Currencies are always quoted in pairs, such as GBP/USD or USD/JPY.

The reason they are quoted in pairs is that, in every foreign exchange transaction, you are simultaneously buying one currency and selling another.

How do you know which currency you are buying and which you are selling?

Excellent question! This is where the concepts of base and quote currencies come in…

Base and quote currency

Whenever you have an open position in forex trading, you are exchanging one currency for another.

Currencies are quoted in relation to other currencies.

Here is an example of a foreign exchange rate for the british pound versus the U.S. Dollar:

The first listed currency to the left of the slash (“/”) is known as the base currency (in this example, the british pound).

The base currency is the reference element for the exchange rate of the currency pair. It always has a value of one.

The second listed currency on the right is called the counter or quote currency (in this example, the U.S. Dollar).

In the example above, you have to pay 1.21228 U.S. Dollars to buy 1 british pound.

When selling, the exchange rate tells you how many units of the quote currency you get for selling ONE unit of the base currency.

In the example above, you will receive 1.21228 U.S. Dollars when you sell 1 british pound.

The base currency represents how much of the quote currency is needed for you to get one unit of the base currency

If you buy EUR/USD this simply means that you are buying the base currency and simultaneously selling the quote currency.

In caveman talk, “buy EUR, sell USD.”

• You would buy the pair if you believe the base currency will appreciate (gain value) relative to the quote currency.


• You would sell the pair if you think the base currency will depreciate (lose value) relative to the quote currency.

With so many currency pairs to trade, how do forex brokers know which currency to list as the base currency and the quote currency?

Fortunately, the way that currency pairs are quoted in the forex market is standardized.

You may have noticed that currencies quoted as a currency pair are usually separated with a slash (“/”) character.

Just know that this is a matter of preference and the slash may be omitted or replaced by a period, a dash, or nothing at all.

For example, some traders may type “EUR/USD” as “EUR-USD” or just “EURUSD”. They all mean the same thang.

“long” and “short”

First, you should determine whether you want to buy or sell.

If you want to buy (which actually means buy the base currency and sell the quote currency), you want the base currency to rise in value and then you would sell it back at a higher price.

In trader talk, this is called “going long” or taking a “long position.” just remember: long = buy.

If you want to sell (which actually means sell the base currency and buy the quote currency), you want the base currency to fall in value and then you would buy it back at a lower price.

This is called “going short” or taking a “short position”.

Just remember: short = sell.

Flat or square

If you have no open position, then you are said to be “flat” or “square”.

Closing a position is also called “squaring up“.

The bid, ask and spread

All forex quotes are quoted with two prices: the bid and ask.

In general, the bid is lower than the ask price.

What is “bid”?

The bid is the price at which your broker is willing to buy the base currency in exchange for the quote currency.

This means the bid is the best available price at which you (the trader) can sell to the market.

If you want to sell something, the broker will buy it from you at the bid price.

What is “ask”?

The ask is the price at which your broker will sell the base currency in exchange for the quote currency.

This means the ask price is the best available price at which you can buy from the market.

Another word for ask is the offer price.

If you want to buy something, the broker will sell (or offer) it to you at the ask price.

What is “spread”?

The difference between the bid and the ask price is known as the SPREAD.

On the EUR/USD quote above, the bid price is 1.34568 and the ask price is 1.34588. Look at how this broker makes it so easy for you to trade away your money.

• If you want to sell EUR, you click “sell” and you will sell euros at 1.34568.


• If you want to buy EUR, you click “buy” and you will buy euros at 1.34588.

Here’s an illustration that puts together everything we’ve covered in this lesson:

Is it worth to become a forex trader?

“is it worth to become a forex trader?” is the question I am usually asked, plus so many other similar questions:

1. Is it worth to spend time on forex trading to become a forex trader?


2. Is forex trading a promising business or it is wasting of time and money?


3. Can one become wealthy through forex trading?


4. Can one become a millionaire trading forex?

These are all good questions. Before you start trading currencies, you should know whether it is worth to spend any time on it or not. You have to know whether it is worth to spend your time on learning forex, or it won’t get you anywhere finally.

Is it worth to spend time on forex trading?

The short answer is: forex is an opportunity that enables you to invest some money to make more money. It is an investment opportunity to increase your wealth. So it is worth to learn how to trade forex and make money with it. However, there are some conditions that you have to met to become a profitable forex trader. Without having those conditions you can’t make any money through forex trading.

Those who ask these questions are from two different groups. Members of the first group already know that forex makes money. What they want to know is that whether “they” will become able to make money through forex trading or not. The short answer to this group is: if others can make money with forex trading, you can do it too. You don’t have to be genius, highly educated or a rocket scientist to make money through forex trading. You just have to be serious and disciplined, both at the beginning that you want to start learning, and also when you have learned and want to keep on trading to make profit consistently.

The second group want to know how much money they can make through forex trading. I mean they know it makes money and they know they will become able to make money with it, but they want to know whether it makes more money compared to other businesses or not. They want to know whether it is worth to spend time on learning forex, or they’d better to spend their valuable time to learn another business that makes more money easier and faster.

To answer this question, let’s see how much money the other jobs makes. Family doctors usually make about $105-140,000 per year after the tax, while they have to study for about 20 years to become a family doctor and have such an income. They have to work at least 8 hours per day, every day. Sometimes they have to work on weekends too.

Average elementary school teachers make $53,000, while lawyers make $130,000, sport coaches make $37,000, janitors make $25,000 and teacher assistants make $25,000 per year.

Now the question is: how much a forex trader can make?

It can be different for different traders, and it depends on several different factors, like trading style, account size and…

Indeed, forex trading has a big and unlimited potential in making money and increasing your wealth. However, you have to do it the right way, otherwise you can lose a lot of money with it.

Something that you have to consider is that it is very hard to know forex or stock trading as full time jobs. They are investment opportunities that enable you to increase your wealth. You can make a lot of money with them while you already have a lot of money and you have at least one good source of income, and at the same time, you trade currencies and stocks to increase your wealth. Forex trading is a way to force your money to make more money. It can hardly be used as the only source of income.

Therefore, the answer of this question that “is it worth to become a forex trader?” is yes because when you become a profitable forex trader, you can trade currencies and make profit. However, I don’t recommend it as a full-time job that you spend all of your time and money on it. It is a good investment opportunity but not a good full-time job.

It is worth to become a forex trader, but you have to keep in mind that you can’t make any money through forex trading when you HAVE TO make money. I mean, if you have no job and income or you have a job, but your income doesn’t suffice, it will be too hard to make any money through forex trading. The first and most important reason is that you will have a lot of fear to risk your money, and at the same time, you will have a lot of greed to make money. These two emotions, fear and greed, don’t let you think and decide properly. You will make a lot of mistakes and you will lose your money.

On the other hand, when you don’t have enough money, you can’t open a reasonable live account and make a reasonable amount of profit just by taking a small 2-3% risk in each position (trade setup). You will have to open a small account, and then try to grow it by taking big risks. As a result, you will wipe out your account.

To become a profitable forex trader and investor, first you have to have a good source of income that makes a reasonable amount of money consistently. This income not only covers your life expenses, but leaves a reasonable amount of capital to open a proper live forex trading account as well.

Then, while you still have your source of income, you learn how to trade forex, and when you become a profitable forex trader, you can use a portion of your money to invest in the forex market to increase your wealth.

This is the best way of making money through forex trading. It can be wasting of time and money if you follow the other ways.

It is worth to spend time and money to generate a great source of income that makes a lot of money and then use a portion of the money you make to make more money through forex trading and the other investment opportunities like stock, real estate etc.

Try our forex signals to turn from a losing forex trader into a consistently profitable forex trader: EPIC trading forex signals review: how do they work?

Forex trading: A beginner's guide

Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or tourism. According to a recent triennial report from the bank for international settlements (a global bank for national central banks), the average was more than $5.1 trillion in daily forex trading volume.  

Key takeaways

• The foreign exchange (also known as FX or forex) market is a global marketplace for exchanging national currencies against one another.


• Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world.


• Currencies trade against each other as exchange rate pairs. For example, EUR/USD.


• Forex markets exist as spot (cash) markets as well as derivatives markets offering forwards, futures, options, and currency swaps.


• Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons.

What is the forex market?

The foreign exchange market is where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. And want to buy cheese from france, either you or the company that you buy the cheese from has to pay the french for the cheese in euros (EUR). This means that the U.S. Importer would have to exchange the equivalent value of U.S. Dollars (USD) into euros. The same goes for traveling. A french tourist in egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the egyptian pound, at the current exchange rate.

One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of london, new york, tokyo, zurich, frankfurt, hong kong, singapore, paris and sydney—across almost every time zone. This means that when the trading day in the U.S. Ends, the forex market begins anew in tokyo and hong kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly.

A brief history of forex

Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its most basic sense—that of people converting one currency to another for financial advantage—forex has been around since nations began minting currencies. But the modern forex markets are a modern invention. After the accord at bretton woods in 1971, more major currencies were allowed to float freely against one another. The values of individual currencies vary, which has given rise to the need for foreign exchange services and trading.

Commercial and investment banks conduct most of the trading in the forex markets on behalf of their clients, but there are also speculative opportunities for trading one currency against another for professional and individual investors.

Spot market and the forwards & futures markets

There are actually three ways that institutions, corporations and individuals trade forex: the spot market, the forwards market, and the futures market. Forex trading in the spot market has always been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer period of time. However, with the advent of electronic trading and numerous forex brokers, the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators. When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future.

More specifically, the spot market is where currencies are bought and sold according to the current price. That price, determined by supply and demand, is a reflection of many things, including current interest rates, economic performance, sentiment towards ongoing political situations (both locally and internationally), as well as the perception of the future performance of one currency against another. When a deal is finalized, this is known as a "spot deal." it is a bilateral transaction by which one party delivers an agreed-upon currency amount to the counter party and receives a specified amount of another currency at the agreed-upon exchange rate value. After a position is closed, the settlement is in cash. Although the spot market is commonly known as one that deals with transactions in the present (rather than the future), these trades actually take two days for settlement.

Unlike the spot market, the forwards and futures markets do not trade actual currencies. Instead they deal in contracts that represent claims to a certain currency type, a specific price per unit and a future date for settlement.

In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves.

In the futures market, futures contracts are bought and sold based upon a standard size and settlement date on public commodities markets, such as the chicago mercantile exchange. In the U.S., the national futures association regulates the futures market. Futures contracts have specific details, including the number of units being traded, delivery and settlement dates, and minimum price increments that cannot be customized. The exchange acts as a counterpart to the trader, providing clearance and settlement.

Both types of contracts are binding and are typically settled for cash at the exchange in question upon expiry, although contracts can also be bought and sold before they expire. The forwards and futures markets can offer protection against risk when trading currencies. Usually, big international corporations use these markets in order to hedge against future exchange rate fluctuations, but speculators take part in these markets as well.

Note that you'll often see the terms: FX, forex, foreign-exchange market, and currency market. These terms are synonymous and all refer to the forex market.

Forex for hedging

Companies doing business in foreign countries are at risk due to fluctuations in currency values when they buy or sell goods and services outside of their domestic market. Foreign exchange markets provide a way to hedge currency risk by fixing a rate at which the transaction will be completed.

To accomplish this, a trader can buy or sell currencies in the forward or swap markets in advance, which locks in an exchange rate. For example, imagine that a company plans to sell U.S.-made blenders in europe when the exchange rate between the euro and the dollar (EUR/USD) is €1 to $1 at parity.

The blender costs $100 to manufacture, and the U.S. Firm plans to sell it for €150—which is competitive with other blenders that were made in europe. If this plan is successful, the company will make $50 in profit because the EUR/USD exchange rate is even. Unfortunately, the USD begins to rise in value versus the euro until the EUR/USD exchange rate is 0.80, which means it now costs $0.80 to buy €1.00.

The problem the company faces is that while it still costs $100 to make the blender, the company can only sell the product at the competitive price of €150, which when translated back into dollars is only $120 (€150 X 0.80 = $120). A stronger dollar resulted in a much smaller profit than expected.

The blender company could have reduced this risk by shorting the euro and buying the USD when they were at parity. That way, if the dollar rose in value, the profits from the trade would offset the reduced profit from the sale of blenders. If the USD fell in value, the more favorable exchange rate will increase the profit from the sale of blenders, which offsets the losses in the trade.

Hedging of this kind can be done in the currency futures market. The advantage for the trader is that futures contracts are standardized and cleared by a central authority. However, currency futures may be less liquid than the forward markets, which are decentralized and exist within the interbank system throughout the world.

Forex for speculation

Factors like interest rates, trade flows, tourism, economic strength, and geopolitical risk affect supply and demand for currencies, which creates daily volatility in the forex markets. An opportunity exists to profit from changes that may increase or reduce one currency's value compared to another. A forecast that one currency will weaken is essentially the same as assuming that the other currency in the pair will strengthen because currencies are traded as pairs.

Imagine a trader who expects interest rates to rise in the U.S. Compared to australia while the exchange rate between the two currencies (AUD/USD) is 0.71 (it takes $0.71 USD to buy $1.00 AUD). The trader believes higher interest rates in the U.S. Will increase demand for USD, and therefore the AUD/USD exchange rate will fall because it will require fewer, stronger USD to buy an AUD.

Assume that the trader is correct and interest rates rise, which decreases the AUD/USD exchange rate to 0.50. This means that it requires $0.50 USD to buy $1.00 AUD. If the investor had shorted the AUD and went long the USD, he or she would have profited from the change in value.

Currency as an asset class

There are two distinct features to currencies as an asset class:

• You can earn the interest rate differential between two currencies.


• You can profit from changes in the exchange rate.

An investor can profit from the difference between two interest rates in two different economies by buying the currency with the higher interest rate and shorting the currency with the lower interest rate. Prior to the 2008 financial crisis, it was very common to short the japanese yen (JPY) and buy british pounds (GBP) because the interest rate differential was very large. This strategy is sometimes referred to as a "carry trade."

Why we can trade currencies

Currency trading was very difficult for individual investors prior to the internet. Most currency traders were large multinational corporations, hedge funds or high-net-worth individuals because forex trading required a lot of capital. With help from the internet, a retail market aimed at individual traders has emerged, providing easy access to the foreign exchange markets, either through the banks themselves or brokers making a secondary market. Most online brokers or dealers offer very high leverage to individual traders who can control a large trade with a small account balance.

Forex trading: A beginner’s guide

Forex trading risks

Trading currencies can be risky and complex. The interbank market has varying degrees of regulation, and forex instruments are not standardized. In some parts of the world, forex trading is almost completely unregulated.

The interbank market is made up of banks trading with each other around the world. The banks themselves have to determine and accept sovereign risk and credit risk, and they have established internal processes to keep themselves as safe as possible. Regulations like this are industry-imposed for the protection of each participating bank.

Since the market is made by each of the participating banks providing offers and bids for a particular currency, the market pricing mechanism is based on supply and demand. Because there are such large trade flows within the system, it is difficult for rogue traders to influence the price of a currency. This system helps create transparency in the market for investors with access to interbank dealing.

Most small retail traders trade with relatively small and semi-unregulated forex brokers/dealers, which can (and sometimes do) re-quote prices and even trade against their own customers. Depending on where the dealer exists, there may be some government and industry regulation, but those safeguards are inconsistent around the globe.

Most retail investors should spend time investigating a forex dealer to find out whether it is regulated in the U.S. Or the U.K. (dealers in the U.S. And U.K. Have more oversight) or in a country with lax rules and oversight. It is also a good idea to find out what kind of account protections are available in case of a market crisis, or if a dealer becomes insolvent.

Pros and challenges of trading forex

Pro: the forex markets are the largest in terms of daily trading volume in the world and therefore offer the most liquidity.   this makes it easy to enter and exit a position in any of the major currencies within a fraction of a second for a small spread in most market conditions.

Challenge: banks, brokers, and dealers in the forex markets allow a high amount of leverage, which means that traders can control large positions with relatively little money of their own. Leverage in the range of 100:1 is a high ratio but not uncommon in forex. A trader must understand the use of leverage and the risks that leverage introduces in an account. Extreme amounts of leverage have led to many dealers becoming insolvent unexpectedly.

Pro: the forex market is traded 24 hours a day, five days a week—starting each day in australia and ending in new york. The major centers are sydney, hong kong, singapore, tokyo, frankfurt, paris, london, and new york.

Challenge: trading currencies productively requires an understanding of economic fundamentals and indicators. A currency trader needs to have a big-picture understanding of the economies of the various countries and their inter-connectedness to grasp the fundamentals that drive currency values.

The bottom line

For traders—especially those with limited funds—day trading or swing trading in small amounts is easier in the forex market than other markets. For those with longer-term horizons and larger funds, long-term fundamentals-based trading or a carry trade can be profitable. A focus on understanding the macroeconomic fundamentals driving currency values and experience with technical analysis may help new forex traders to become more profitable.

Get paid to trade вђ“ an overview of forex rebates

Rebate denotes the funds paid back to a customer or client through refund or reduction. The other terms used for denoting this are kick back and cash back. Even, it is also called by other names like bonus, markdown, supplement, premium, coupon, etc.Вђ¦. When it comes to trading, the term is denoted as вђ˜trading rebateвђ™. When it is applied to foreign exchange trading, it is called as forex rebate. Companies or forex brokers, who provide this sort of discounts to their clients are called as вђ˜forex rebate providersвђ™. Now, let us get into the details about the benefits you can enjoy with these reductions in costs:

Only a lesser fee or commission should be paid to your broker.

The discounted money can be used for investment in other products and services.Even you can increase the chances of your earning profit in stock dealing as well.

Classification: generally, the rebate providing firms are classifying it into two namely ordinary and auto rebates. Under the former type the money is manually paid by an agent with or without the premises of the broker. Under this type, the money is transferred once a minimum amount of the fund has accumulated in the account of the trader. Under the second type, the broker will be processing the discount on his own system with the approval of the rebate provider.

Do you know that the service providing firms are assuring people that they can get paid to trade and the payment is generally made in the following ways:

Three different mediums being third party, internal transfers and discounts are used. Under the first medium, the money will be transferred directly to the bank account of the customers or it will also be done through third party service providers like paypal, moneybookers, etc.Вђ¦. Mostly this option is chosen by most of the firms operating in this arena. The second will be account-based, wherein transfer will be made to the trading account of the customer or wallet based like broker account, storage account, etc.Вђ¦. Under the third method, rebates will be provided in the form of discounts and fee or commission will also be automatically reduced when the customers trade.

Вђ˜get paid to tradeвђ™ is an excellent option to earn some extra money from your trading activities and when you can select a reliable firm, you can reap the benefits for several years to come. Ensure whether the firm is ensuring on-time payment, competitive discounts and long list of brokers.

So, let's see, what we have: learn how to earn more money in forex trading! Let me show you how, without doing ANY extra work, I get PAID to trade! At get paid to trade forex

Contents of the article

• Huge forex bonuses


• GET PAID TO TRADE


• How to get the best funded trading accounts?


• Fully funded trading account


• What are funded trading accounts at A proprietary...


• How to choose the best funded trading accounts?
  
  
  
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• How to get qualified for a funded trading account
  
  
  
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• Get your funded trading account with the5ers
  
  
  
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• How much money can I make forex day trading?


• Forex day trading risk management


• Forex day trading strategy
  
  
  
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• Hypothetical scenario


• Trading leverage


• Trading currency pairs


• Slippage larger than expected loss


• The final word


• Forex t4tcapital trading programme
  
  
  
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• Forex t4tcapital™ trading programme


• Anyone can get funded!


• GET FUNDED HOW IT WORKS






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  • Understand the basic rules
    
    
    
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• Get paid to trade forex


• Have you got the SKILLS to pay the BILLS?


• The 3 simple steps to get funded
  
  
  
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  • PORTFOLIO MANAGER
  
  
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• How to make money trading forex


• How to read a forex quote
  
  
  
  • Base and quote currency
  
  
  
  


• “long” and “short”


• Flat or square


• The bid, ask and spread
  
  
  
  • What is “bid”?
  
  
  • What is “ask”?
  
  
  • What is “spread”?
  
  
  
  


• Is it worth to become a forex trader?
  
  
  
  • Is it worth to spend time on forex trading?
  
  
  
  


• Forex trading: A beginner's guide
  
  
  
  • Key takeaways
  
  
  
  


• What is the forex market?


• A brief history of forex


• Spot market and the forwards & futures markets


• Forex for hedging


• Forex for speculation


• Currency as an asset class


• Why we can trade currencies
  
  
  
  • Forex trading: A beginner’s guide
  
  
  
  


• Forex trading risks


• Pros and challenges of trading forex


• The bottom line


• Get paid to trade вђ“ an overview of forex rebates