FOREX.EE - www.forex.ee

[Ekaterina Fechina]

More analytics from Forex.ee: Daily Economic Digest has been expanded

Analytics has always been an important part of the work of every successful trader. It is an indispensable tool for traders that allows evaluating key economic events and trends in order to predict the movement of prices, make informed and timely trading decisions. “Analytics” has always been one of the most viewed sections of the Forex.ee website.

Forex.ee analytics gives traders the opportunity to have access to the most up-to-date and reliable information from professional market experts.

To find the “Analytics” page on our website:

1. Go to our website www.forex.ee.
2. On the Trading menu, click Analytics.

Good news for all visitors of the Forex.ee site. Recently, we have received requests from our clients to expand the forecasts and make the analytics more detailed. Forex.ee is always attentive to its clients, so we decided to expand the analytical section. We present the analysis of the dynamics of market prices, which helps to determine the market trends for the most popular currency pairs. We aim to help traders of different professional level make correct trading decisions and build short-term and long-term trading strategies with greater efficiency. Analysts of the company collect information, analyze patterns, take into account many factors to make the most qualitative analytical Forex Digest.

The Daily Economic Digest from Forex.ee includes:

- reviews of the most popular currency pairs
- the main events of the day
- support and resistance levels for major currency pairs

Our reviews are published daily, so you do not need to spend time searching for scattered information in various sources. You can find everything you need on one page of the Forex.ee website.

Why experienced traders trust our analytics:

• Quality. Analytics and forecasts are created by professionals with an experience in the Forex market of over 10 years.
• Comprehensive approach. Technical and fundamental analysis are applied in a comprehensive manner.
• Visualization. The most difficult aspects are accompanied by explanations and graphs.

Analytics of Forex.ee helps to choose the most favorable moment for making a trade. The success of traders depends on the quality of analytics. The trader's ability to ensure success in the Forex market is largely determined by the information used to enter the market. Choose high-quality, professional analytics from Forex.ee, trade efficiently and profitably with us every day!

All analytical materials we provide are free for all traders and site visitors.

We look forward to collaborating with you!

 

[Ekaterina Fechina]

Spring FAQ from Forex.ee

The long-awaited summer has come! This spring, market participants expected that the weather will improve, the rally of Bitcoin will continue, the US dollar will strengthen, and the profitability of their trading in the Forex market will increase significantly. In the summer, some of you will rest, some will devote time to self-development, some will go on a trip, and some will continue to work and make money with the European broker Forex.ee, combining all at once. We publish this spring FAQ for all those who are truly passionate about Forex. As usual at the end of each season, we prepared a selection of popular questions we have received in the spring. We hope that this information will be useful to you and help you learn more about the services of Forex.ee.

The questions we received in the last 3 months were mainly related to the trading terms, Forex.ee bonuses, trading Bitcoin—interest in this cryptocurrency has not faded so far—and withdrawal of profit.

Q: Can I open an ECN account nominated in cryptocurrency? What are the trading terms for Bitcoin?
A: In April, we introduced a number of new features on our ECN accounts. Now you can choose MBT (millibitcoin) as the account currency of your ECN account. The full list of account currencies now includes USD, EUR, RUB, JPY, AUD and MBT. To open an ECN account nominated in Bitcoin (MBT), select MBT as the account currency on the account opening form in your personal area. You can trade Bitcoin on a special Crypto account. Forex.ee charges the lowest commission for payments in Bitcoin—0% for deposits and only 0.001 BTC for withdrawals! In March, Bitcoin dropped to $ 960, and today it beats new records, reaching an incredible level of $ 2,800. It is an excellent opportunity for you to start making money on the most popular cryptocurrency in the world.

Q: How can I get the $ 15 Welcome Bonus? What are the conditions for withdrawing the profits from the account?
A: Under the terms of the promotion, you receive a fixed amount of $ 15 to your STP trading account. You can trade with this amount in the real Forex market without having to make your own initial deposit. Forex.ee STP accounts support all trading strategies, allowing you to trade 49 currency pairs, silver and gold. The minimum lot is 0.01, the leverage can be up to 1:500, no commission is charged, and spreads start from 0.5 pips (commission is included into the spread). You can withdraw the full amount of the bonus and any profits made. A one-time commission for the first withdrawal is $ 15.

Q: How much do spreads at Forex.ee change during the release of important economic and political news?
A: Forex.ee is among the top 5 ECN/DMA brokers with the tightest spreads and lowest commissions in the Forex market. We publish spread statistics on a monthly basis. Pay your attention to the spread values during the elections in France or the official launch of the Brexit process. Even during such important events and high volatility in the market, the spreads at Forex.ee did not widen significantly. This is a valuable advantage for trading, and not every broker can offer it. Spread values are publicly available on the website of the independent monitoring service Myfxbook,

Q: How fast do you process withdrawal requests?
A: We always try to process requests for the withdrawal of profit as quickly as possible. 99% of withdrawal requests are processed on the same day you applied for it. Withdrawal commission depends on the selected payment option. Click Payments > Withdrawal on our website to find more details.

This is not an exhaustive list of questions that we received in the spring. If you want to get more information, contact us via Live chat, email or phone. We are always happy to help you!

We wish you a bright and profitable summer!

Your premier ECN broker,
Forex.EE

 

[Ekaterina Fechina]

Forex.ee announces the launch of Cashback Program

Forex.ee is happy to present Cashback Program enabling traders to receive additional reimbursements for any performed trades, no matter if they are profitable or not. You don’t have to take any additional actions to get cashback: it is credited automatically to your Commission account. The amount of cashback depends on the total margin used on the client’s trading accounts.

Cashback Program is valid in the first 90 days from the moment of registration in Forex.ee. The minimum cashback is $5, the maximum is $1000. The maximum cashback per trade is $100.

How is Cashback calculated?

Standard commission is a percentage of the Forex.ee commission. It equals 2.4 pips (5-decimal pricing) per trade in an STP account and 15% of the commission for ECN and Crypto accounts.

You can see coefficients for cashback calculation in the table below. The right part of the table shows an example of calculation the cashback for ECN-account with trading commission of 100$ in 3 months.

Example of cashback calculation

The total ECN Commission paid from all trader’s accounts over the past 90 days is $100.00. The Standard Commission is 15% of ECN Commission.

Standard Commission: $100.00 * 0.15 = $15.00

The total margin used on all trader’s accounts in the last 90 days is $4500.

Used Margin: $4500.

We have: the Standard Commission is $15.00, the total Used Margin is $4500, which is in the range of up to $5000. Cashback coefficient in this range is 1.5 (150%). We get: $15.00 * 1.5 = $22.50.

The client gets a cashback in the amount of $22.50 for trades executed in the last 90 days.

The benefits of Forex.ee Cashback service

• Cashback is up to 150% of Standard commission per trade. It is one of the highest reimbursements among brokers.
• The process of Cashback is fully automated. Monetary amounts are credited to the Commission account and can be withdrawn or used for trading right after crediting.
• No program activation or additional requests are required. It is automatically activated at the moment of client registration and is valid throughout the 90 days.

To get more details on Forex.ee Cashback Program, please visit Forex.ee FAQ section.

Join us on Facebook, Twitter, LinkedIn and VK.

Your premier ECN broker,
Forex.EE

 

[Ekaterina Fechina]

ECN spread statistics from Forex.ee for May 2017

Dear Clients!

Due to rapidly growing number of brokers in the foreign exchange market, Forex.ee team has started receiving questions about whether Forex.ee is an ECN-broker or a Market Maker? Answering on this question, we would like to state that Forex.ee is a true ECN-broker and has never been a Market Maker, as the ECN technology perfectly fits our business strategy, completely excluding a conflict of interests between Forex.ee and our clients, while making our services transparent and understandable as much as it is possible. That is why we are always glad to cooperate with every trader regardless of a trading strategy, whether it is scalping, hedging or a strategy, based on macroeconomic indicators.

Moreover, since ECN technology makes Forex.ee services so versatile, we can focus on more important things, such as providing the best customer support services and more beneficial trading conditions that should satisfy needs of our customers even more.

To show you that we are working really hard to provide you with the best services on the FX field, we would like to draw your attention to the results of our ongoing work in the form of monthly spread statistics.

Average spreads for May, 2017:
(April’17 spreads are shown in brackets)

Did you notice that Forex.ee became even more crypto friendly?

• Now you can open an ECN account with the base currency – Bitcoin, which is also the most beneficial payment system in Forex.ee!
• Use Bitcoin to deposit, withdrawal or just to operate within Forex.ee services and forget about conversion fees! Learn more about using Bitcoins in Forex.ee here.

Join us on Facebook, Twitter, LinkedIn and VK.

Your premier ECN broker,
Forex.EE

 

[Ekaterina Fechina]

Forex.ee ECN and STP Accounts: What Is the Difference and What Type of Account Should I Choose?

Every trader wants to know the type of account that is best suited for trading. If you want direct access to the market, no conflict of interest with the broker, low spreads and commissions and high speed of order execution, we have something to offer you. Forex.ee offers its clients two types of accounts based on the ECN/STP technology. All positions of our clients are transferred to the interbank market (Market Execution type). Clients’ orders are added to the Depth of Market, where oppositely directed orders are matched thanks to the Forex.ee state-of-the-art technology. If such order parameters as the asset, volume and price match with an oppositely directed order of another client, your order will be executed.

Why Market Execution is the best decision? This type of order execution involves execution at the market price. Thanks to our innovative technology, Forex.ee provides high accuracy and speed of order execution, helping you to trade more efficiently in times of high market volatility. We also offer a slippage control mechanism that helps you avoid losses during the news release. You will not need to worry about the quality and speed of execution of orders, regardless of which account type you choose. Now let's see the difference between ECN and STP accounts in detail.

Trading terms on ECN and STP accounts from Forex.ee: What is the difference?

Order execution type

• STP accounts: Market Execution. Direct access to the largest liquidity providers.
• ECN accounts: Market Execution. Direct access to the largest liquidity providers and ability to trade with other Forex.ee clients.

Average speed of order execution

• STP accounts: the average order execution speed is 200 ms.
• ECN accounts: the average order execution speed is 300 ms.

Minimum deposit

• STP accounts: $50.
• ECN accounts: $200.

Spreads

• STP accounts: from 0.5 pips.
• ECN accounts: from 0 pips.

Commissions

• STP accounts: no, but there is a mark-up included into the spread.
• ECN accounts: yes, depending on the type of account. The minimum commission is 1.8 units of the base currency per one lot.

Which account should I choose? STP accounts are suitable for novice traders with a small deposit and trading volume. This account allows you to make money with minimal risks using various trading strategies. ECN accounts are recommended for experienced traders who are interested in the lowest spreads and commissions, and who trade large volumes. ECN accounts are best suited for those who uses a high-frequency trading strategy or robots.

What type of account is more profitable for getting bonuses? Forex.ee offers bonuses on both STP and ECN accounts.

Bonuses on STP and ECN accounts:

1. You can make a deposit to both accounts without commission. You can get the bank commission refund for wire transfer deposits over 3000 USD (or other currency equivalent).
2. We offer a Welcome bonus on the first opened STP account. Register an STP account and get $15 as a bonus from the broker! No deposit bonus provides a unique opportunity to start trading on a real trading account without having to deposit your own funds.
3. Forex.ee helps you to make money is another campaign from Forex.ee that allows you to get a reduced commission. Each client can take advantage of this offer once in 6 months. Commission depends on the deposit amount.

Forex.ee is among the top 5 ECN/DMA brokers with the tightest spreads and lowest commissions in the Forex market. The trading costs of our clients are minimized.

We remind you that your orders are immediately executed at the best prices, and there is no conflict of interest on STP and ECN accounts.

Choose your ideal account, get bonuses from Forex.ee and enjoy the best trading opportunities in the market!

 

[Ekaterina Fechina]

ECN spread statistics from Forex.ee for June 2017

Dear Clients,

Forex.ee always positions itself as a reliable partner in the global financial market with maximum transparency of its services and readiness to discuss any issues and proposals. These qualities have helped Forex.ee team to achieve the desired success in creating an impeccable image of the company. Moreover, constant work with customers in the most popular social networks, active client support on the website of Forex.ee and the whole department of public relations are always at your service if necessary. Therefore, we can assure you that your question will never be left without answer, because Forex.ee team appreciates cooperation with each of its clients.

Also we would like to draw your attention to trading conditions provided by the broker, which are being improved along with other Forex.ee services. Here is one of the indicators of our trading conditions, which reflects the quality of our services.

Average spreads for June, 2017:

(May’17 spreads are shown in brackets)

Are you new to Forex.ee? Then start trading and get part of the commission for trading in Forex.ee back to your account!

Now, for all new customers, a new cashback program is available at Forex.ee! Do not miss your chance!

More information about Cashback program you will find here.

Join us on Facebook, Twitter, LinkedIn and VK.


Your premier ECN broker,
Forex.EE

 

[Ekaterina Fechina]

How to choose a PAMM account?

What aspects should you pay attention to when opening a PAMM account and choosing a Manager? This post is dedicated to the features of Forex.ee PAMM service. It will be useful to those who are looking for an additional source of income or profitable investment.

What is PAMM? PAMM stands for Percent Allocation Management Module. Simply put, it is a standard trading account open for investors and regulated by the broker on a special platform – PAMM service. The account is managed by a professional trader. Investors receive a percentage of profits for transactions executed by the Manager.

How to choose the right PAMM account for investment?

1. Review the history of PAMM account. To evaluate the profitability and risks, you need to analyze the statistical indicators of the account. You can view key statistics on the broker's website where the Manager opened the PAMM account.

- Forex.ee provides access to the rating of PAMM accounts formed in accordance with their trading results. The rating allows you to evaluate the performance of Managers and select the appropriate account for investment.

2. Evaluate the trading system. Do not limit yourself only to account history, because past success may not necessarily happen again in the future. Pay your special attention to the following parameters: drawdown, used leverage, lot size, strategy, and portfolio.

- Forex.ee offers you all the necessary information about Masters. The rating table of Forex.ee PAMM accounts contains the following columns:

• PAMM account name.
• Total Gain (%) — current total gain.
• Daily Gain (%) — profit of the previous day.
• Since Opened — number of days passed since the account opening.
• Max. Drawdawn (%) — the difference between the historical Total Gain maximum and minimum. It shows the maximum loss ever made in the account (%).
• ROR (Rate of Return) — is the ratio of money gained or lost (whether realized or unrealized) on assignments relative to the amount of money assigned (%).
• Gain Chart – current gain of the PAMM Account in graphical view.

3. Limit risks and plan when to revoke funds. Be sure to think about the moment when you want to revoke funds from the account.
- Forex.ee offers an easy-to-use Follower menu. With this feature, you will always be aware of what is happening on your account. You are able to withdraw funds or suspend work with PAMM Manager if you believe that the situation requires it.

4. View all Offers of the Manager. Each PAMM account has Offers. Offer parameters determine the conditions of investment and distribution of profits/losses between the Master and Followers. Pay your attention to the following Offer parameters: Initial Assignment, Performance Fee, Trading Interval, Follower Balance Minimum, and Early Revocation Penalty.

Forex.ee allows Followers to create their own Offers. If none of the Master Offers is attractive for the Follower, the Follower can create an Offer with his parameters and send a request to the PAMM account Manager.

5. Diversify investments. Add several PAMM accounts to your portfolio. This strategy reduces risks and allows you to maintain high profitability. The best effect of diversification is achieved by adding PAMM accounts to your portfolio in such a way that the drop in the profitability of one account is compensated by the growth of the other. Choose Masters who trade different currency pairs and apply different trading strategies. Look for options with maximum profit and minimum risk.

- Forex.ee offers many tools for analyzing the performance of each Master. In addition, you can monitor the statistics of PAMM accounts online through special tools.

To become a PAMM account Follower:
• Open an Investment account.
• Make a deposit to it in your personal area.
• Select a Master in the rating of PAMM accounts and subscribe to the copying of his trading strategy.
• Withdraw any profits made.

Join the PAMM service now and get the most out of your investments every day!

We look forward to collaborating with you!

 

[Ekaterina Fechina]

Ethereum: new opportunity to make money?

Problem. Your account balance was $100,000 on July 16. You bought ETH for all this money at $134.56 and sold them on July 21 at $236.78. What is your profit for 5 days? Recently, after a sharp jump in the price of Ethereum to $400, a trader earned more than 398 million dollars from 55 million. The trader from this sensational success story chose to remain incognito. This post is dedicated to Ethereum, its features and price forecasts for the near future.

How was Ethereum created? Ethereum is a platform through which decentralized online services are created based on the blockchain and smart contracts. It is a single virtual machine that system participants can use on an equal basis. The platform was created by Vitalik Buterin, a Canadian programmer of Russian origin. The Ethereum project was first described in the late 2013. In 2014, a public crowdsale of Ether was launched and 31,591 Bitcoins were raised for project development. By this time, the project has won the attention of major banks and businesses. Ethereum was officially launched on July 30, 2015.

Top 2 by market cap. Ethereum was launched 7 years after Bitcoin, but over the past few months, it has easily reached the second place among cryptocurrencies by volume of trading. One of the world's leading portals Business Insider said that Ethereum is the largest cryptocurrency in terms of market capitalization after Bitcoin to date. Bitcoin’s market capitalization is 41 billion US dollars, while the capitalization of Ethereum is estimated at 26 billion. How did this become possible? Ethereum developers took into account all the disadvantages of Bitcoin and tried to fix them in their own project.

What to expect from Ethereum by the end of 2017? Here, the opinions of the community were divided. Some skeptics believe that ETH will face the same scaling problem as Bitcoin, and will gradually lose in price. Others believe that the Ethereum rally will continue, and its price will approach the Bitcoin price until the end of 2018. An important role in increasing the demand for Ethereum was played by financial and tech giants (JPMorgan Chase, Microsoft, Intel) that supported the Ethereum platform and saw a great investment perspective in the project. Even conservative companies began to actively support cryptocurrencies. For example, the postal provider Austrian Post gave its customers the opportunity to purchase cryptocurrencies (Bitcoin, Ethereum, Litecoin) in its 1,800 branches throughout Austria.

Why is Ethereum so popular? Ethereum is one of the most volatile cryptocurrency in the market. The rapid increase in its value is largely due to the Enterprise Ethereum Alliance and the Initial Coin Offering (ICO). Various sources, including the Wall Street Journal and the Cointelegraph, published information that the ICO market crossed the $1 billion mark. The latest Ethereum prices clearly show that the opportunities for profitable trading are incredible. Ethereum grew 26 times from January to July of this year. Therefore, brokers around the world noted an incredible increase in requests for trading symbols with ETH. Forex.ee is happy to provide this opportunity to its clients.

Currency pairs with ETH at Forex.ee: ETH/USD, ETH/BTC, ETH/LTC, ETH/RUB, ETH/JPY, ETH/CNH.

Trading conditions for cryptocurrency pairs at Forex.ee:

• Commission on all Crypto accounts: 0.25%
• Minimum deposit: $10
• Minimum order volume: 0.01 lot
• Leverage: 1:1 – 1:3.
• MG Call / Stop Out: 30 / 15 %
• Account currencies: EUR, RUB, cryptocurrencies.

Bitcoin and Ethereum are the most profitable assets this year. Trading cryptocurrencies is in great demand among Forex.ee clients. Our clients trade ETH directly on the exchange, not through CFDs, which allows to instantly process and execute orders of any trading volume using the ECN technology.

Open a Crypto trading account and use all the advantages of cryptotrading with a reliable European broker Forex.ee.

We look forward to collaborating with you!

 

[Ekaterina Fechina]

Bitcoin Cash Fork: What’s Next?

All traders who expected Bitcoin’s growth have recently made good profits on the Bitcoin Cash fork. After Tuesday’s events, the cryptocurrency market will not soon settle down. What has happened? On August 1, 2017, a new version of Bitcoin was introduced. At 15.20 Moscow time, Bitcoin was officially split into two currencies: Bitcoin Classic (BTC) and Bitcoin Cash (BCC). On Tuesday, large exchanges and online wallets suspended their activity for several hours to switch to the new system.

Why has Bitcoin split in two? When the cryptocurrency has just appeared, no one imagined that it would become so popular. Bitcoin transactions were originally limited to 1 MB every 10 minutes, but the demand for currency increased, and the limit of 1 MB was insufficient for transactions to be fulfilled. Miners proposed to increase block size limit, which would reduce the commission and increase the number of transactions. However, this solution has its drawbacks: more computing power will be required, and as a result, small miners can leave the project. These changes can lead to the control of large organizations over the system and the loss of Bitcoin's main idea – decentralization. Disagreements on how to increase the network’s transaction capacity led to the split.

What is the difference between Bitcoin and Bitcoin Cash? The problem of transaction speed can be solved either by changing the block size, or the data entered into the block. The block size of Bitcoin Cash will be increased from 1 to 8 MB. This will increase the network utility, stimulating its further growth. Now, because of the limited mining capacity, the currency can not reach its full potential, but the developers assure that in time this problem will be solved.

What if I have savings in Bitcoins? Bitcoin owners have benefited from the Bitcoin Cash fork. The price of Bitcoin Classic has slightly fallen after the split, and one unit of Bitcoin Cash was around 350-370 USD. August 3, the price rose to 470 USD and the new cryptocurrency became the third largest in terms of capitalization. All Bitcoin holders got equivalent funds in Bitcoin Cash on the day of the fork. If you had 10 BTC on your wallet before the split, you got an equal number of Bitcoin Cash – 10 BCC. Therefore, despite the slight fall in the cryptocurrency price, Bitcoin owners benefited from the situation.

What’s next for Bitcoin Cash? Prospects for a new Bitcoin are still vague. Bitcoin Cash may grow in price or depreciate. It all depends on whether the problem of transaction speed will be solved, as well as the reaction of miners and investors to the new currency.

Can I make money on cryptocurrency? Sure. It is a liquid instrument for trade and investment. Cryptocurrencies are constantly growing in price and are highly volatile. Traders actively trade Bitcoin in the Forex market. Hundreds of Forex.ee traders make money on Bitcoin. Why is it beneficial to trade with Forex.ee?

Advantaged of Forex.ee Crypto account:

1. Important: At Forex.ee, cryptocurrencies are traded directly on the exchange market, and not through CFDs.
2. ECN technology allows to instantly process and execute orders of any trading volume at the best price.
3. Variety of available cryptocurrencies: Bitcoin, Ethereum, Litecoin, Namecoin, Peercoin, Dashcoin, Emercoin.
4. Minimum deposit: $10.
5. Popular trading platform MT4.
6. Trading available 24/7.
7. Fast withdrawal of profits through wire transfer and electronic payment systems.
8. Deposits available in Bitcoin.

Are you ready to get a record profit? Open a Crypto account on our website and trade the most liquid currency in the world!

 

[Ekaterina Fechina]

Possible changes in margin requirements

Dear Clients,

We would like to inform you that at the moment a political conflict with unpredictable circumstances is gathering pace between the United States and North Korea. Further political escalation may cause huge volatility, price gaps, lower liquidity and wider spreads. That is why we are notifying you that starting with August 17th, 2017 Forex.ee may increase margin requirements for all currency pairs 5 times without prior notification.

Forex.ee team kindly asks you to adjust your trading strategy, considering all potential risks, to prevent possible losses.

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Your premier ECN broker,
Forex.EE