Discuss RoboForex.com

[Vlad RF]

How to Hedge Your Risks?

Dear Clients and Partners,​

Hedging risks is an essential ability for both new and advanced investors. Risk hedging is used when a trading system no longer works, and you've got to secure your capital against the volatile market conditions.

Hedging on Forex

The most simple and popular way to hedge risks in Forex is opening an opposite position. For instance, if you've got a losing long position which you don't want to close, you can just go short, opening a sell position with the same size. Thus, your losing position will get compensated with a winning one.

This is not that perfect, though. When doing so, you've got very little free margin to trad with, which limits your trading and may lead to loss of potential profits. Besides, you will spend money on spread, and this is not less important. You can think of it as 'a little money here and a little there', but this finally may lead to permanent losses.

Accepting losses

What is the best way to act then? Sometimes, it is a good idea to just close a bad trade before it ruins your deposit. A mistake, yes, but not a catastrophic one. Such mistakes are good to learn on as long as you get more experienced.

More seasoned traders may choose an index that monitors a few currencies instead of sticking to a single pair. Thus you will be able to see a pair that stands out of the market noise. For example, you can track the dollar index that will help you to monitor both EUR/USD and other currencies. Having a look at the overall market picture is also a way of hedging your risks.

Sometimes, too much hedging and in-depth trading is also bad. In these cases, one had better stick to the simplest strategies without too much analysis or searching magic robots, signals, or signs.

Conclusion

Very often a trader understands why the hedging strategies are good only after they have faced losses. In the worst scenario, this will happen only when the deposit is already blown. This makes using the hedging techniques essential since your first trading day, before you lose too much money.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, the ContestFX project is waiting for you with the following contests:

The 152nd competition of "Demo Forex" and 438th competition of "Week with CFD" have just started.
The 572nd competition of "Trade Day" will start on 08.11.2023 at 12:00.
The 486th competition of "KingSize MT5" will start on 09.11.2023 at 20:00.

All participants of our contests have a chance to showcase their trading skills. Upon winning, they'll receive prize money to their real accounts which they can use to trade in Forex market instead of investing their own savings.

If you aspire to be one of the winners, don't miss your chance!

Sincerely,
RoboForex Contest

 

[Vlad RF]

Price Movements: By Chance or By Nature?

Dear Clients and Partners,​

Most traders I have known want to absolutely conquer the market. Some succeed, but only every now and then, failing to turn this conquer into a permanent win. The reasons are many, from insufficient skills or experience all the way to the lack of the 'holy grail', with the 'not enough money' reason in between. Well, a good set of excuses. These reasons, however, are somewhat true, as all traders are different and use their trading potential differently.

Two major trader’s opinions

There are two major opinions in the market that divide all traders. The first are Stochastics, those who want to predict the price movements. The second, agnostics, are just moving with the market, watching it constantly. The former are an overwhelming minority, while the latter account for about 90%. And even if you are a stochastic, chances are that you're a bit of agnostic, too.

What makes traders choose one way or the other? Again, the reasons are many, but, first and foremost, people tend to back their opinions with theories, either scientific or not that much.

The effective market theory

The effective market theory, for instance, tells us that all market players have access to the same information allowing them to analyze and predict the market moves. This way, each new piece of information is already priced in the market. All market players act rationally, like robots, in order to make the most of it, while a single trader is not able to influence the market.

This has nothing to do with the reality, though. What about the legal actions involving traders who used insider hints to speculate in the markets? Or how about those who buy out a certain currency in order to raise the demand for it? That's it. Theories work for ideal markets, not the real ones.

Reasons for market movements

Any move that happens in a real market has a medley of reasons behind itself; at any given moment, those reasons may be different, and the correlation between them may also be different. The point to understand is that no emotion, speech or data release may influence the price without someone's placing a real buy or sell order. If a bullish candle is rising, this means people are hitting the Buy button on and on, even with the ask price rising,

And the same is for a bearish candle. These are the basics of the price movement mechanics. Why do then massive buyouts and selloffs occur? The effective market theory has a ready-made answer for us again. A trader will sell a country's assets in case the local key interest rate is cut, the unemployment is rising, a war conflict breaks out, and so on. In other words, if a trader understands an asset is under risk, they attempt to get rid of it as soon as possible, even if the price is not that good.

Conversely, if the key interest rate is being risen, or, say, a QE program is coming to an end, a trader will buy out the appropriate assets. You understand, of course, however, that any market has trends, both short term, midterm, and long term, each of them being influenced by various factors and with different weight. Before a long term trend is reversed, the short term one ought to fade out first. Besides, any market has all types of players: large, medium, and small, and all of them operate at different levels on different time frames.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

How to Become a RoboForex Partner and Earn Money with the Company

Dear Clients and Partners,​

In this post, we'll talk about the RoboForex Partner Programme and how you can earn money in the Forex market without actually trading. First of all, let's define the "affiliate programme" concept. What is it about?

This term refers to an Introducing Broker (IB) collaboration in which the partner attracts new clients for the broker by using the promotional resources made available by the broker. The resources can be thematic platforms, publishers, forums, and blogs that can turn visitors to the resource into active clients of the broker.

The partner may receive payments for the direct attraction of a new client, or for the further client's trading activity, or both. This cooperation scheme is beneficial for both parties: the broker acquires new active clients referred by the partner, as a result of which the partner receives passive income. It is important to note that the amount of this income depends on the intensity of the trading operations on the attracted client's account.

RoboForex Partner Programme

The RoboForex Partner Programme provides the incentive to earn a steady income by attracting clients to the company and providing them with access to the latest trading technologies and high-quality services. According to the Programme, the broker transfers up to 70% of their income to the partners, and up to an additional 20% under the Loyalty Programme from the total partner commission. In total, the payout can amount to up to 84% of the broker's income – a unique offer in the market.

The initial amounts received can be used by the partner to further develop the affiliate network, and attract new participants who will eventually become clients of the broker. More clients = more payouts.

Thanks to special conditions, RoboForex partners can instantly develop their affiliate network to a certain level, and start receiving a stable income from the very first month of work. Such affiliate networks are not a rarity in the modern market. They are actively developed by brokerage companies, whose owners started off as partners of RoboForex, which emphasises the high profitability of this type of earning.

Loyalty programme

The RoboForex Loyalty Programme allows you to additionally receive up to 20% of your partner's commission for the month. The Loyalty Programme payment scheme is shown in the table below.

VIP programme

Within the frameworks of our VIP Programme, you can receive an partner commission in the amount of up to 70% of the Company’s revenue for your direct clients (1st level), and 10% of the commission received by your sub-partners (2nd level).

Expert programme

A 5-tier Expert Programme is available to partners, offering a partner commission of 35% of the company's earnings for direct clients, and an additional percentage of commissions for sub-partners at various levels of the affiliate network.

Increased partner commission rate on Gold, Silver, Oil and other instruments

In February 2023, RoboForex significantly increased its partner commission rates for the popular instruments such as Gold (XAU/USD), Silver (XAG/USD), and Crude Oil (Brent, WTI). In addition, the rate was increased for US500, USTech, and US30. The changes and the current values of the partner commission rates are reflected in the tables below.

What the broker provides to the partner

Partners can choose advertising content to put on their sites. A large selection of banners, informers and other related promotional material can be found in your personal account.

There are special affiliate accounts with an increased spread and with an increased commission per 1 million USD of turnover. They allow you to earn up to 70% of broker's revenue and are available for all affiliates. They will be most suitable for those affiliates who provide their clients with various additional services – trading signals, expert advisors, access to scripts and other options.

Advantages of the RoboForex Partner Programme

• There is no limit on payouts
  The maximum payout depends only on the partner’s success
• There are no restrictions on transactions
  The partner's remuneration is paid for all transactions of attracted clients, without exception
• There is no limit on bonuses
  The partner's commission is calculated including all bonuses that have been used by the clients referred
• Simple analytics
  Partner receives real-time, comprehensive information about their referred clients in the relevant sections of their Members Area
• The Broker's Loyalty Programme
  The broker rewards active partners and gives them the opportunity to earn up to 20% extra income on top of their existing remuneration

How to get started

To become a partner of RoboForex, simply register your account on the broker's official website. When you register, you will be presented with an Partner Agreement, which describes the terms and conditions of your cooperation in detail. You can attract new clients to the company, and earn money from their trading activity as soon as you complete registration!

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Read more at R Blog - RoboForex

Sincerely,
The RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, a RoboForex project called ContestFX offers you the following demo competitions:

The 152nd competition of "Demo Forex" has been running since last Monday.
The 439th competition of "Week with CFD" has just started.
The 573rd competition of "Trade Day" will start on 15.11.2023 at 12:00.
The 487th competition of "KingSize MT5" will start on 16.11.2023 at 20:00.

To participate in our contest, all you need to do is to go through a simple registration procedure just once, and then any of the competitions you like will be available to you in just a couple of mouse clicks.

We wish all of you successful trading!

Sincerely,
RoboForex Contest

 

[chen2020]

Click here to read or submit reviews and ratings for RoboForex.com >>

otherwise use this thread ("Post Reply" button below) to start a LIVE discussion and get responses from our FPA members.

RoboForex seems to have a solid reputation in the Forex community, haven't tried them personally yet, but planning to give them a shot shortly. I'm quite satisfied with my current broker at the moment. It's all about finding the right fit for your trading needs!

 

[Binevon]

RoboForex seems to have a solid reputation in the Forex community, haven't tried them personally yet, but planning to give them a shot shortly. I'm quite satisfied with my current broker at the moment. It's all about finding the right fit for your trading needs!

Assuming you're not a shill for RoboForex, I won't. They look shady as hell and I know many scammers use them, so I'm thinking it is not a coincidence.

 

[Vlad RF]

GBP/JPY Forecast: Will the Correction Begin in the Q4 of 2023?

Dear Clients and Partners,​

The GBP/JPY pair is among the currency pairs that are highly favoured in the global currency market. In this article, we will examine the primary fundamental factors affecting the GBP/JPY exchange rate, analyse its performance in 2023, and explore the short-term and medium-term forecasts provided by experts.

Overview of the GBP/JPY currency pair

The GBP/JPY pair is a cross rate comprising the two popular currency pairs, GBP/USD and USD/JPY. It is worth reminding that a cross rate is the value of one country’s currency denominated in another country’s currency and determined based on their value against a third country’s currency. In this case, the latter refers to the US dollar, the key international reserve currency. The GBP/JPY exchange rate reflects fluctuations in the British pound sterling (GBP) value against the Japanese yen (JPY).

The UK currency is the base currency in this pair, and the current price reflects how many yen are needed to buy or sell one pound sterling. When the pair quotes increase, it indicates a strengthening UK currency. Conversely, a decline signifies a weakening pound sterling against the yen.

Trading characteristics of the GBP/JPY pair

• The yen exerts the most significant influence on the currency pair’s performance. If there is a strong directed movement of the JPY, the pair’s quotes are likely to follow it. At the same time, owing to its high volatility, the GBP may occasionally set the direction of the movement
• The pair trades round the clock from Monday to Friday inclusive
• The highest activity is observed during the Asian, European, and American trading sessions
• The GBP/JPY pair experiences high daily volatility within the 1,000-1,500 pips range. During times of market force majeure, it has the potential for strong movements exceeding 3,000 pips per day
• Thanks to its popularity and high liquidity, the spread for this pair ranges around 10 pips in a quiet market

Fundamental factors influencing the GBP/JPY quotes

The Bank of England’s monetary policy

The primary tool used by the Bank of England, the UK’s central bank, to control inflation and influence the exchange rate of the national currency is the implementation of changes in the interest rate. If the interest rate increases, the pound sterling exchange rate appreciates, while a decrease in the interest rate leads to a decline in the exchange rate. Since December 2021, the Bank of England has executed a series of interest rate hikes to curb mounting inflation.

The rate increased from 0.1% to 5.25% during this period. The Bank of England’s Monetary Policy Committee aims to achieve a 2% inflation target. In October 2023, the Consumer Price Index (CPI) rose by 6.7% compared to 2022 figures. With inflation rates slowing, the UK central bank paused its interest rate hikes from August 2023. The regulator sees risks of a potential slowdown in the country's economy due to a significant tightening of credit terms.

GBP/JPY performance in 2023

The GBP/JPY pair has maintained a consistent upward trend throughout 2023. The quotes surged from a low of 156.00, where they hovered at the beginning of the year, to a 7-year high of 186.76 in late August. The absence of clear signals from the Bank of Japan regarding potential monetary tightening exerts upward pressure on the yen, driving the currency pair’s quotes higher.

At the same time, the Bank of England has actively raised interest rates throughout 2023 in response to mounting inflationary pressure. The significant difference between the rates resulted in the serious weakening of the yen and the gradual growth of the pair’s exchange rate. At the time of writing on 9 November 2023, the quotes hovered around 185.40, nearing their annual high.

GBP/JPY technical analysis

The pair has steadily grown since September 2022, moving within the long-term daily ascending channel. At the end of August 2023, the quotes reached an annual high of 186.76, followed by a slight downward correction during which the price hit a low of 174.28. It is worth noting that this is now a local support level.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

RoboForex investment and trading platforms win Global Brands Magazine Awards

Dear Clients and Partners,​

We are delighted to announce that two of our flagship products have received prestigious accolades at the Global Brands Magazine Awards. Our CopyFX investment platform was awarded the title of "Best Copy Trading Platform", and R StocksTrader earned recognition as the "Best Multi-Asset Trading Platform".

Trade in R StocksTrader
the Best Multi-Asset Trading Platform

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• Cost-effective conditions
  Enjoy market-based spreads from 0 pips, a commission for Stocks from 0.009 USD per share
  
• Useful functions
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Download the App


​

Invest without borders with
the Best Copy Trading Platform

• Versatility
  Copy the best trading strategies as an Investor, receive commissions from subscribers for your trading experience as a Trader, or guide newcomers to top Traders and earn a share of their commission as a Partner
  
• Security
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• Integration
  Seamless integration with the top-tier MetaTrader 4/5, as well as via the exclusive R StocksTrader platform
  
• Adaptability
  You can choose multiple roles or simply select one - be it a Trader, Investor, or Partner

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Sincerely,
The RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, the ContestFX project will continue, as usual, with the following competitions:

The 152nd competition of "Demo Forex" has gained "cruising speed".
The 440th competition of "Week with CFD" has kicked off today.
The 574th competition of "Trade Day" will start on 22.11.2023 at 12:00.
The 488th competition of "KingSize MT5" will start on 23.11.2023 at 20:00.

Let us remind you that upon winning, all winners receive prize funds to their real accounts, and this money can be used for trading in the Forex market instead of investing the winners' own savings.

Do not miss your chance to be one of them!

Sincerely,
RoboForex Contest