Forex.ee

[Ekaterina Fechina]

Cross pairs - a great choice for profitable trading!

In the Forex market, any currency pair without the US dollar present in it is considered a cross. Crosses are the most numerous group of trading instruments at Forex.ee and many of our clients implement these pairs in their trading strategies.

Crosses are conventionally divided into major and minor. Crosses of the major group are more volatile and liquid. Highest liquidity is provided for the euro cross-rates, followed by the Swiss franc and yen. For instance, you can trade the following liquid cross currency pairs at Forex.ee: EUR/GBP; EUR/JPY; EUR/CHF; GBP/EUR.

The list of minor crosses is much more extensive. Our company provides options for trading such minor crosses as CAD/CHF; AUD/CHF; CAD/JPY; GBP/CAD, and others. It is recommended to use long-term strategies when trading minor crosses, as usually the moves of these pairs tend to follow the trend longer, although they are less volatile and liquid in comparison with the major crosses.

The advantages of trading crosses:
• The major crosses are no less volatile than the dollar pairs, and sometimes their volatility is superior to the regular pairs with dollar. The profit level from trading crosses may be equal or higher than the profit from regular majors in the same period of time.
• Information from three price charts can be used for the dynamics analysis of cross pairs - the chart of the cross-pair itself plus two charts for the currencies the cross consists of priced against the US dollar. There by, the probability of making the right decision increases for a trader. Professionals use "tips" from the dollar charts to foresee the movements coming on the charts of the crosses.

At Forex.ee, you can expect to have no trading restrictions for the crosses using such tactics as hedging, Expert Advisors, scalping, high-frequency trading. For the majority of crosses, the spread size on ECN and STP accounts is among the tightest on the market: from 0.3 points.

With all the advantages of crosses trading, you should remember that each cross-currency pair has its own peculiarities, characteristics, and the interest rate differences. In addition, the crosses are influenced by political and economic events.

Our analytical team has provided some examples of how specifics of the crosses can affect the trading:

Example 1: Negative news from Great Britain can lead to a significant reduction of GBP/JPY pair, while NZD/JPY and EUR/JPY will not be affected. You can track important financial news using the economic calendar on our website.

Example 2: The EUR/GBP cross has insignificant volatility. With this, the EUR/GBP pair is unique because of the high value of one pip. Hence, you should take into account that the smallest price change can significantly increase profits as well as lead to considerable losses. Forex.ee trading conditions (Leverage of up to 1:500; minimum lot of 0.01) help you adhere to the right principles of risk management in the trading process.

Example 3: EUR/JPY is one of the most popular cross pairs among Forex.ee traders. It is interconnected with dollar pairs USD/JPY and EUR/USD. If you decide to work with EUR/JPY, then follow the news and analyze the charts including two other USD pairs. Data on interest rates can be of help and the difference between the growth of EUR and JPY is also useful.

Please find a detailed outline of our trading conditions for all instruments of the Crosses group on our website in Trading conditions Section.

Trading crosses allows you to take advantage of moments when it is difficult to trade the major currency pairs. Use the whole range of currency pairs on theForex.ee MT4 trading platform!

 

[Ekaterina Fechina]

Major pairs - Chief Conductor of the Forex market.

In the world of music, "Major" describes the joyous life-affirming tone of sound. In financial markets, including Forex, it is also the majors that set the tone of trading environment being the most popular instruments.

Majors are the main group of currency pairs that include the US Dollar (USD). The relative proportion of majors is about 80% of all traded instruments in the Forex market.

Forex.ee provides a range of major currency pairs, including the world's most liquid currencies: US Dollar (USD), Euro (EUR), Japanese Yen (JPY), Swiss Franc (CHF), Canadian Dollar (CAD), Australian Dollar (AUD), British Pound (GBP) and several others.

Since trading majors has numerous advantages and is suitable even for novice traders, we recommend these instruments to almost all of our customers.

The advantages of trading majors are:
1. Higher liquidity;
2. Tighter spreads;
3. A regular inflow of economic and political news (including the fact that the news release time and their estimated significance for the market are always known in advance);
4. The availability of analytical materials.

At Forex.ee, the trading specifics of major currency pairs allow you to implement any strategy and get steady high profit from the Forex market. We guarantee absolutely no trading restrictions, only true ECN technology, tight spreads and low commissions, Leverage up to 1:500 and Market execution.

The most liquid major pairs in the Forex market:
• EUR/USD - the most traded currency pair. Its distinctive features are activeness and smooth moves, which both allow benefiting from short-term and intraday trades. Traders need to focus on current economic news from the United States and the European Union. The average spread size at Forex.ee is 0.4.
• USD/JPY - the second most popular pair. In general, its dynamics are also smooth, but traders should be ready for quick reactions of USD/JPY to any potential risk increase in the financial markets. This pair is the most active during the Asian session. The average spread size at Forex.ee is 0.6.
• GBP/USD is also among the most liquid currency pairs in the world. The particular issues associated with trading this pairare large number of false breakdowns and excessive volatility, which can lead to bigger profits due to the high interest rate of GBP. It is better for beginners to refrain from using this instrument. The average spread size at Forex.ee is 0.8.
• USD/CAD is distinguished not only by high liquidity, but also considered to be very volatile. The dynamics of the USD/CAD depend on the interest rate difference set by the Federal Reserve and the Bank of Canada. For instance, exchange market intervention carried out by the Fed in order to strengthen the US dollar is likely to cause a rise in the USD/CAD. The average spread size at Forex.ee is 0.8
• USD/CHF. From geopolitical perspective, Swiss Franc is considered as one of the safest currencies in the world. USD/CHF is in inverse correlation to EUR/USD. One needs to keep track of economic data from the US, since it has major impact on the moves of this pair. The average spread size at Forex.ee is 0.9

Even on the basis of these five examples it becomes clear that each major pair has its own peculiarities of trading. You can use the information on our website to keep track of economic news on majors and to build your forecasts using great trading conditions of Forex.ee.

Useful information on Forex.ee website for trading majors:
1. Economic Calendar;
2. Forex.ee Analytics;
3. Different account types (with data on contract specifications).
4. Commission calculator, Margin and pip value calculators.

The $15 Welcome no-deposit-bonus is available to all our new clients to start profitable trading at our expense. Please visit the "Campaigns and Bonuses" section of our website for detailed information.

Trade majors with Forex.ee following one of the best traditions in respect of profits in the Forex market!

 

[Ekaterina Fechina]

FasaPay – an easy way of funding your trading account.

Forex.ee continues to introduce new functions available in the personal area. FasaPay is a new service added to our payment system range, the benefits of which will be appreciated by customers seeking quality in the transaction process.

The main aim of FasaPay is to ensure safety while maintaining the confidentiality of users. This payment system makes it possible to facilitate and speed up each transaction, making the process of funding your trading account a matter of minutes.

FasaPay commissions for deposits and withdrawals:

Deposits: 0,5% USD and IDR;
Withdrawals: 0.5% USD and IDR.

Forex.ee will fully compensate your account funding commissions up until April 30.

In order to fund your eWallet, please log into MyForex.ee personal area and proceed to “Add funds” section selecting FasaPay payment system as your transaction method.

Your European ECN broker,
Forex.ee.

 

[Ekaterina Fechina]

Low liquidity expected on Gold/Silver on April 3rd 2015

Dear Clients,

Forex.ee informs that on Friday, April 3rd, due to limited operations on markets and exchanges during Good Friday clients may experience low liquidity for precious metals.

We kindly recommend considering this information in your trading.

Follow us on Facebook and Twitter and LinkedIn.

Your European ECN broker,
Forex.ee.

 

[Ekaterina Fechina]

Interview with Forex.ee CEO Vlad Karpejev

- Vlad, last year, your company was celebrating its 10 year anniversary. It is a substantial period of time for the Forex industry. How do you manage to keep Forex.ee constantly developing while assuring the company’s financial stability and reputation?

Thank you for the question. Firstly, we have an experienced team that is tried and true. Secondly, for me, as well as for members of our team the main focus point is the fair and rightful attitude towards clients. We concentrate on meeting the requests and needs of our customers and, when possible, willing to go an extra mile to meet their expectations. Certainly, disputable situations can take place every now and then, but we always do our best to find the middle ground and come to an agreement.

- Tell us about the development of Forex.ee over the years and the company’s mission.

The company was established as one of our team’s projects in 2004. Initially, we offered our services in Estonia, being a prominent market participant and actively applying our marketing policy. After a few years of such work, we started planning the company’s global branch out with the resources already available to us. More than three years ago, we entered the new stage of Forex.ee growth when our brokerage services became available internationally.
The company’s mission is providing the best trading conditions to the customers on the basis of most up-to-date brokerage technologies – ECN environment, location of trading servers in Equinix NY4 data center, and individual co-operation terms with leading liquidity providers.

- Today, Forex.ee is an established European ECN broker. Bearing in mind the current trends of Forex industry, what relevant innovations do you introduce to your customers?

Firstly, it is improvement and maintenance of the trading terms with regards to tight spreads and execution accuracy. This is why our team is constantly testing out new liquidity providers, enhances the software performance and advances the work of our hardware.

Secondly, it is the launch of PAMM service for our clientele. We have got traders who perform consistently-positive in terms of financial results mostly using EA. I am convinced that PAMM service launch will be a powerful incitement for Forex.ee future development.

- While it is clear that European registration is another evidence of brand’s reliability, what else sets Forex.ee apart from its competitors?

I can proudly point out that Forex.ee is among top-five ECN/STP brokers with tightest spreads and lowest commissions in the Forex market.
In addition, it is worth noting that our customers are free to use One Click Trading Plugin (OCT) for MT4 trading platform. By using the plugin one can see an approximate volume available for order execution at the best price. Moreover, OCT makes it possible to perform trading in just one click, which is really convenient when quick reaction to real-time market moves is needed. Every client can download the plugin from the website, install and use it free of charge.
Many traders will also find useful the mechanism of slippage control. This function automatically cancels execution of a market order if current market conditions do not allow it to be processed at the exact price or a price close to the one requested.

- What trading accounts do you offer and how do they differ?

The main account types are STP and ECN. There are 49 currency pairs available for operations on these accounts together with trading silver and gold.
STP accounts would be mostly of interest among traders with rather small deposit sizes and modest trading volumes. The minimum deposit is just $100 with minimum volume of 0,01 lot. Even the most careful clients can take advantage of such conditions for low-risk trading.
ECN accounts require a minimum deposit of $200 and the trade volume is from 0,1 lot. Our ECN accounts would suit the needs of experienced traders interested in better spreads and lower commissions. Furthermore, there are three levels of commission depending on the deposit size.
In addition, we also provide the innovative Crypto-accounts for trading Crypto currency pairs. These accounts are particularly interesting to the customers seeking to diversify their trading activity and looking for new markets to implement their trading ideas.

- What category of traders will find Forex.ee trading conditions the most attracting and beneficial?

I presume the company appeals to clients with substantial deposit sizes due to considerably lower commissions. Customers with big daily turnovers are welcome to negotiate mutual agreed conditions and we welcome scalping strategies without any limitations.

- Vlad, thank you very much for the interesting conversation and detailed review of the company.

In conclusion, I would like to say thank you to all our clients for their trust and wish their co-operation with Forex.ee continues to be profitable in the future.

 

[Ekaterina Fechina]

Forex.ee adds Qiwi to its payment options

Dear Clients,

Due to constant development of our client area functionality, QIWI payment system is now added to our service range.

QIWI is a payment service widely known in Russia and CIS region. It allows you to process payments with both stationary and mobile devices. QIWI customers can use cash, prepaid cards and other quick ways to refill their Qiwi wallet for subsequent transfer of funds into trading accounts.

QIWI commissions for depositing funds:

• Deposits: 5% EUR; 5% USD; 7,5% RUB.

Forex.ee will fully compensate your account funding commission in accordance with the terms of our current promotion.

Forex.ee will further inform you of adding QIWI withdrawal option shortly.

In order to fund your eWallet, please log into MyForex.ee personal area and proceed to “Add funds” section selecting QIWI payment system as your transaction method.

Your European ECN broker,
Forex.ee.

 

[Ekaterina Fechina]

Multicurrency e-Wallet: Convenience, functionality and security of funds.

For over ten years of our history, we have been striving to provide our clients with the most advanced tools for effective and convenient Forex trading. Today at Forex.ee, eWallet is one of such tools. Our cooperation starts with eWallet registration, which gives clients access to personal area for subsequent actions.

What is e-Wallet?

e-Wallet is a multifunctional tool designed for clients in order to manage their funds through the personal area. This includes exchange operations, deposit and withdrawal transactions, as well as internal transfers between accounts. Generally speaking, e-Wallet system is one of the latest achievements for quick and secure payments on the Internet.

Functions of e-Wallet at Forex.ee include:
- Keeping funds in multiple currencies (with separate wallets assigned to each currency);
- Conversion of funds from one currency to another with our currency exchange tool;
- Transfer of funds to and from trading accounts by means of internal transfer;
- Management of Forex.ee trading accounts.

Please note that trading account funding can be performed without conversion only in case you use the base currency of your account. For instance, if you wish to fund your USD account with EUR, currency exchange will be performed and your account will be credited with an equivalent amount in USD.

e-Wallet supports all types of payment methods available in personal area for deposit and withdrawal: VISA/MasterCard, Skrill, Webmoney, Neteller, PerfectMoney, Payza, Qiwi, Fasapay, Bitcoin andBank Transfer.

With our easy-to-use interface, eWallet registration can take just a few minutes.

To ensure the safety of funds as well as to protect the access to Forex.ee trading accounts, our standard verification procedure is a mandatory requirement.

You can open an account with Forex.ee in any of the four currencies: EUR, USD, RUB, Bitcoin.

Forex.ee trading account types: STP, ECN, Crypto. Minimum deposit is just 10 USD (Crypto).

You can open any type of trading account during eWallet registration or you can do it at any other time through your personal area.

Choose a convenient way to manage your funds in the back office–choose Forex.ee!

Looking forward to co-operation.

 

[Ekaterina Fechina]

Amazing leverage options from 1:3 to 1:500! How to choose the leverage right at Forex.ee?

When opening a trading account with our company it is necessary to choosethe leverage. There is a wide range of leverage options available, depending on each type of account.

As you can see from the table above, the maximum leverage can be as high as 1:500 on STP account and on the most popular account type - Advanced ECN.

Leverage is the ratio between trader’s own capital and the lending amount provided by the broker. “Borrowing” money from the broker in this way allows traders to increase the volume of funds used for placing orders on the market.

At first glance, obviously, the higher the leverage, the greater the potential profit. But if you stick only to this principle in your trading without taking into account the danger of leverage "trap", you can quickly lose your deposit. What is this "trap", and how to use leverage smarter when trading at Forex.ee?

What are leverage "traps" in the Forex market?

"Casino Trap" is usual among beginners. The prospect of using leverage to make profits of 1000% or even 5000% becomes so attractive for a trader that he opens orders of large volume without taking into account the limitations of his deposit resources.

"Trading account balance trap” can be observed when a trader opens leveraged trades paying attention only to the account balance without assessing the risks of each individual trade opened. If the trend of the instruments used changes its direction leverage simply kills the deposit.

Recommendations for choosing the leverage at Forex.ee:

1. The maximum leverage is recommended only to the professional traders using aggressive trading tactics, scalpers, and long-term investors with large deposit sizes.
2. Beginners are advised to use lower leverage of up to 1:200 in order to preserve their capital. Decreasing the leverage means reducing the trading volume of the positions opened, hence the decrease in potential losses.
3. When trading with high leverage, use the opportunity to add money to the market, should your initial position prove to be profitable.

Leverage is a significant advantage of the Forex market: it is possible to make $10000 with the initialdeposit of just $100 using 1:100 leverage!

Our company has no trading restrictions regardless of strategies employed. Though, it is worth emphasizing that Forex.ee is a true ECN broker providing Market Execution. We are interested in continuous and profitable trading of each client.

Looking forward to cooperation!

 

[Ekaterina Fechina]

How to make profit on Forex without any risks what so ever?

We all know that Forex trading, like any other form of speculation, is associated with risk. Mean while, it is not just trading itself that might carry insecurities – some threat scan alsob e related to broker’s reputation and reliability.

The good news is, there is a way of making profit from Forex while putting yourself completely out of risk.

Forex.ee provides a modern solution with its multi-level partnership program allowing you to benefit not just from your direct clients, but also from the people they refer to the company.

We invite you to see our partnership terms and join our team now.

Why partners choose us?

• Forex.ee isa reliable European ECN-broker with over ten years of spotless reputation and market expertise;

• Functional client area with partnership statistics provides full transparency of cooperation;

• Flexible partnership commissions that multiply according to trade volume growth of your referrals;

• Multi-level remuneration system for partners;

• Professional team always applies individual approach to ensure quality service for partners and clients;

• Better trading conditions for clients including lowered commissions and the ultra-tight spreads.


We will be happy to see you among our team - please do not hesitate to get started and contact us directly!


Your European ECN-broker,
Forex.ee

 

[Ekaterina Fechina]

EE-digest: USD, EUR and Bitcoin – three base currencies of Forex.ee trading accounts. Which one is better to have?

Today in EE-digest we will talk about currencies on the Forex market, but not from already traditional perspective of forecasts and recommendations for the upcoming week. In this issue, we are going to explore what base currency is the best for opening a trading account on Forex. In the last few weeks, the relevance of this issue has notably increased for traders. The US economy news, decline in oil prices, geopolitical tensions over Russia and the situation around possible Greek exit from the eurozone - this is not a complete list of recent factors that determine the currency stability. All these factors have direct impact on the choice between three base currencies of Forex.ee accounts: USD, EUR and Bitcoin.

Firstly, we would like to point out that it is not a viable option to panic or wait to see how the wind blows. USD and EUR are the main currencies of global economy and international financial markets, both proven to be reliable in even more tangled situations. Bitcoin is not as common in the world, but there are advantages of choosing it as the base currency of your account.

Secondly, we recommend to pay attention to the following factors:

• The methods available to you for funding and withdrawing from a trading account

Forex.ee offers a wide range of payment systems for deposits and withdrawals: VISA/MasterCard, Skrill, Webmoney, Neteller, PerfectMoney, Payza, Fasapay, Bitcoin, bank transfer.

• The form of money capital for investuing to your Forex.ee trading account

For instance, a bank card, an EPS account or cash. If the base currency of your account differs from the currency in which you intend to make a deposit, pay attention to the applicable commissions charged for exchange operations. We recommend calculating the expenses and considering all "pros" and "cons" of such conversions.

• The instruments you intend to trade on Forex

If you are mostly planning to trade the US dollar pairs, it is best to open a USD account, alternatively, open a EUR account if you prefer to trade EUR pairs, etc. Such logic makes trading more clear in terms of profits and losses.

• The inflation rate

This factor is important if you are planning to make a considerable deposits and/or to use long-term strategies. Thus, since the beginning of 2015 the inflation rate in the United States amounted to 0.70%, in the Eurozone the February figure was 0.3%, and Cryptocurrency is not subject to inflation.

• Psychological factors of using a familiar currency

Remember that Forex trading is associated with risk. With this in mind, we recommend (especially to beginners) to open a trading account with base currency that is more familiar for making calculations in. Psychological factors should be considered as one of the most important when the deposit sizes are not big and there is lack of trading experience.

You can use our multicurrency eWallet tool for opening a Forex.ee trading account with different base currencies.

The trading account types at Forex.eeare STP, ECN and Crypto.

There is no limitation to the number of trading accounts opened at Forex.ee – you can deposit to different accounts in all available currencies.

In conclusion, we woul like to emphasize that USD account continues to be a traditional practice of Forex since the US dollar is the base/quotted currency of the most popular Forex instruments.

At the same time, you can choose a EUR or Bitcoin account for risk diversification, as well as for using the new trading strategies and broadening profit opportunities with European ECN-broker Forex.ee.

Looking forward to cooperation!