GO Markets Directors with Eagle Award for Best Forex Broker Oceania 2010

(PRWEB) September 8, 2010

Global news leader International Business Times (IBTimes.com) and market research firm Forex Datasource (Forexds.com) announced the results of the 2010 FX Traders’ Choice Awards during an award ceremony held in New York City on Aug 30, 2010.

This year, a total of 10 retail FX broker firms were honored from a pool of close to 90 brokers nominated by more than 1000 traders in 111 countries. The FX Traders’ Choice Awards offer the highest recognition a broker firm could receive and the most reliable results to traders within the fast growing retail Forex trading market.

Because of significant disparities in broker preferences from people in various continents, the FX Traders’ Choice awards fall into two major categories: brokers with the widest client acceptance worldwide and brokers with the highest client satisfaction by continent.

Among this year’s winners, Australian broker GO Markets was named Best FX Broker for Oceania.

“GO Markets is a newcomer that has taken the Oceania market by storm from the UK and US firms that have traditionally done well in Oceania”, stated Javier Paz, CEO of Forex Datasource, co-organizer of the FX Traders’ Choice Awards. “I attribute this to the fact that they know how to focus their efforts on what matters most to clients: low spreads, good execution, and registration with a very tough regulator.”

Sonny Kwon, co-organizer of the Awards and Head of Development at IBTimes, added: “GO Markets has one of the highest net promoter scores in the industry meaning that it knows how to deliver client satisfaction consistently.”

Full results to the 2010 FX Traders’ Choice Awards can be viewed at the official awards website: www.fxtraderschoice.com

About the FX Traders’ Choice Awards

The FX Traders’ Choice Awards is the result of a partnership between Forex Datasource and International Business Times (IBTimes) over the course of two years. The Awards are generated using the input of thousands of retail Forex traders from over 110 nations. The high integrity, scientific approach to data analysis, and vast geographic scope of the results make the FX Traders’ Choice Awards the most reliable broker distinctions in the retail Forex industry. Visit www.fxtraderschoice.com

About GO Markets

Go Markets Pty Ltd is an Australian-registered company offering a wide range of financial products to an extensive global client base. Go Markets is proud to be regulated in Australia, arguably the most strict securities regulator in the world (AFSL licence number 254963). As an ASIC registered firm, GO Markets is able to offer financial services including Securities, Derivatives (including CFDs) and Margin FX. Some of the key features offered by GO Markets are: the popular MT4 trading platform, no-dealing desk , spreads from 0.5 pips, a tough regulatory environment, and an award winning customer service. Go Markets keeps all client funds in a segregated client trust account at the National Australia Bank (www.nab.com.au), a AA-rated Australian financial institution. Visit www.gomarketsaus.com for more information.

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timetotrade Forex SMS Alerts

Brighton, UK (PRWEB) February 9, 2009

timetotrade has launched “Forex Alerts”, an innovative Technical Analysis Alerting tool for Forex traders. The new Forex Alerting tool enables currency traders to set up their own customised price and Technical Indicator Alerts against all the major currency pairs. As soon as alert conditions are triggered an alert message is sent to their mobile phone, email, or PDA – so there is no need to get caught out by the market volatility again. timetotrade can be accessed from any web browser or web enabled mobile device.

Setting up Forex Alerts is simple with timetotrade’s user friendly and intuitive “Point-and-Click” system. Unlike other alerting systems, there isn’t the pain of learning a difficult proprietary programming language, or writing complex macros. The user just clicks a button, enters their parameters and the alert is created. Simple. Investors can set up fully customised rule-based alerts to complement or enhance existing investment strategies. They can create single alerts with just one trigger condition, eg they could set up an alert that will notify the investor when the moving average crosses price; or can just as easily build compound alerts with multiple trigger conditions, such as RSI falling below 30, followed by a Stochastic break-out and MACD crossover.

The first release of timetotrade’s Forex Alert tool includes support for:

All the popular Technical Analysis Indicators: Stochastic, RSI, Bollinger Bands, MACD, Moving Averages and Exponential Moving Average
Multiple condition triggers: positive / negative cross-over; rising / falling threshold; break-out / pull-back triggers
Customisable indicator intervals, periods and parameters for different trading strategies
Instant alerts to email, mobile phone SMS, or instant messenger
All the major currency pairs: EURUSD, USDJPY, USDCHF, GBPUSD, USDCHF, AUDUSD, USDCAD and more…

Dary McGovern, Managing Director of timetotrade commented “Most investors simply don’t have time to sit and watch FX screens all day. The timetotrade Forex Alert technology allows investors to get on with their lives – take that holiday, play that game of golf or go to their child’s sports day, safe in the knowledge that they’ll be notified the instant their investment conditions are met”.

Kevin Brown, a timetotrade user shared his results after testing the new Forex Alerts tool, “The results from the first day using timetotrade alerts for my buy and sell settings were as follows:

Sell    USDJPY        Gain     6 Points

Buy    EURJPY        Loss    35 Points

Buy    GBPJPY        Loss    112 Points

Buy    USDJPY        Loss    97 Points

Sell    GBPCHF        Loss    34 Points

Sell    EURJPY        Gain     311 Points

Sell    GBPJPY        Gain     190 Points

Buy    GBPUSD        Gain     77 Points

Buy    GBPCHF        Gain     216 Points

Overall up 656 Points on the day which is a very promising start!”

The Forex Alerting tool can be found at timetotrade

Further Information

ABOUT FOREX

The Foreign Exchange market, also known as “Forex”, “FX”, “Spot FX” or just “Spot” is the oldest, largest and most liquid financial market in the world, tracing its history back centuries to Babylonian times. While the global financial markets were collapsing in 2008, the FX market experienced tremendous growth, reaching more than 1.78 million transactions per day – an average daily trade volume of more than $ 4trillion. That’s three times the stocks and futures markets combined. With so many investors and so much money changing hands each day, it is the perfect market for traders who use technical analysis tools. Forex trading offers investors an excellent way to diversify their portfolios, lower volatility and reduce market risk, and being a Global market it is possible to trade Forex 24 hours a day.

ABOUT TECHNICAL ANALYSIS

Technical analysis is the statistical study of a security’s price movement through the use of charts. Investors look for patterns on charts to help determine a security’s future performance and exploit this information to make money whilst avoiding losses. Technical analysis has become increasingly popular over the past several years, as more and more people believe that the historical performance of foreign exchange, stocks or futures is a strong indication of future performance; therefore becoming a self fulfilling prophecy. Forex is an attractive asset class for followers of Technical Analysis as its large trade volume and variety of participants make it ideal for technical trading. Technical traders believe all the economic and political factors that influence price have already been factored into the exchange rate by the market, and they can focus on following trends and the flow of capital instead.

ABOUT SENSATUS

Sensatus is the financial technology company behind the timetotrade.eu website – an online portfolio management, capital gains tax and technical analysis alerting tool for private stock market investors and investment clubs.

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(PRWEB) September 25, 2010

CFD and Forex trading company, IG Markets, has won a Falcon Award in the 2010 FX Traders’ Choice Awards and has again been recommended for both CFDs and Forex in the AFR Smart Investor Blue Ribbon Awards.

Key Facts:

    IG Markets a ‘Falcon’ award winner for highest broker satisfaction in Oceania at FX Traders’ Choice Awards.
    IG Markets earns ‘recommended’ titles for both CFDs and Forex in AFR Smart Investor Awards, 3rd year in a row.
    Awards a vote of confidence from the wider CFD and Forex trading public.
IG Markets has been named as one of the 10 retail FX providers honoured from a pool of almost 90 in the 2010 FX Traders’ Choice Awards. Nominated by more than a thousand traders over 111 countries, they won the prominent Falcon Award for High Broker Satisfaction in Oceania. The awards are run by International Business Times, a leading global financial online newspaper published in 14 countries and Forex Datasource, a leader in retail FX market research and FX broker sentiment analysis.

AFR Smart Investor magazine’s Blue Ribbon Awards recognise top performers in the banking, investment and insurance sectors. For the third year in a row, IG Markets has been named a ‘recommended’ provider for both CFD and Forex trading. Judges based their recommendations on range of product offerings, risk management options, varied contract sizes and trading platform.

The recognition for both of these awards acknowledges IG Markets’ product appeal to investors, traders and clients. “IG Markets has always had a strong focus on clients, and we do the research to meet their existing and changing needs. Being recognised in both of these prestigious awards is a great achievement and we’ll be doing everything we can to win the awards next year and beyond. There’s no room for complacency. We aim for excellence in pricing and other aspects of the business that our clients value most,” said Mr Tamas Szabo, IG Markets Australia Chief Executive Officer.

Industry Recognition

The year has been one of major achievements for IG Markets. Along with the 2010 FX Traders’ Choice and Smart Investor awards, they have scooped other top CFD trading awards, including Best CFD Provider for 2010 by Money magazine, CANSTAR CANNEX Five Star Rating for Outstanding Value CFD Provider and Best CFD Provider and a Finalist in Best Forex provider in the 2010 Stockies awards. Amongst its research, Investment Trends also recognises IG Markets as Australia’s number one CFD provider*.

About IG Markets

IG Markets specialises in financial derivatives, principally Contracts for Difference (CFDs) on over 7,000 global share CFDs, along with indices, forex trading, commodities, options, binaries and more. IG Markets is part of the IG Group, a UK FTSE 250 member with over 75,000 active clients worldwide. For further information please call 1800 601 799.

*29% of CFD traders choose IG Markets as their main provider vs. 20% for the next largest provider – Investment Trends May 2010 CFD Report.

Trading CFDs may not be suitable for everyone so please ensure you understand the risks involved. Please consider IG Markets’ PDS before entering into any transaction.

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More Forex Press Releases

Dubai, U.A.E. (PRWEB) May 26, 2006

As part of its 12th Anniversary celebrations, an Open Seminar on “Successfully Trading the Global FOREX Markets” was held yesterday by M.T.I. (Market Traders Institute) Middle East office at Knowledge Village, Dubai. The seminar which was attended by over 65 professional & novice traders as well as aspiring traders, covered a spectrum of trading topics, starting with the basics of understanding the FOREX (Foreign Currency Exchange) market to trading methodologies, predictive indicators and risk – reward management. MTI, the world’s largest & oldest FOREX training institute with training centers worldwide, focuses on teaching traders technical analysis along with reading charts on their proprietary chart analysis software.

In the seminar, Ricard Mouton, Managing Director – MTI, Middle East, stressed the need for the trader to be educated. He mentioned the recent market crashes & noted that the educated traders were the ones who came through unscathed. “Knowledge Is Power” and in the financial markets, “Knowledge is Income – Lack of Knowledge is Loss of Income” he added.

Neil Pereira, Manager Business Development of Middle East Region, who was the opening speaker at the seminar, gave a brief history about MTI, spoke about its 12 year FOREX training history and a brief about MTI’s Founder & President Jared Martinez. “Jared Martinez’s passion for trading the FOREX market & mentoring other traders eventually lead to the founding of MTI in 1994. Today, 12 years later, MTI has 22 offices worldwide and has successfully trained over 15,000 traders.” He added “It is this passion for the FOREX along with his 20 plus years of trading expertise that has made MTI not just the oldest but also the world’s largest FOREX training institute”. “Learning to read charts enables traders to read & successfully trade charts of any financial instruments like stocks, gold, oil, commodities etc.” he added.

The seminar also covered a little on managing risk in the markets, a few trading strategies, candle stick patterns and Fibonacci retracements & extensions amongst other topics.

Ricard Mouton closed the seminar by adding that due to the unexpectedly large turnout, MTI will hold similar seminars in the future, possibly on a monthly basis.

About the “Successfully Trading the Global FOREX Markets” Seminar

The success of the seminar has prompted MTI Middle East to conduct a series of seminars on a regular basis. These seminars will be held at various venues to enable a wider section of people to participate.

With the opening of an office in Kuwait within the next 6 – 8 weeks the seminars will be conducted in Kuwait as well.

About Market Traders Institute

MTI is the worlds oldest & largest FOREX training institute. Started in 11994, MTI has offices in 22 countries worldwide. MTI conducts training courses on trading the FOREX & offers lifetime support for all its course attendees. Besides ongoing onsite support, MTI also offers online support through its chat forum which does daily live analysis of the major market currencies.

Visit mtiuae.com for more information.

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Related Forex Press Releases

Geneva, Switzerland (PRWEB) December 28, 2005

Forex-Arbitrage.com is a new website designed to serve both as an introduction and a beginners guide to forex trading — with everything needed to know about forex trading including how to get started, how to make profits, basic strategies, how to choose your strategy, understanding Forex spreads, trading tips and much more.

The Foreign Exchange market, also referred to as the “Forex” or “FX Market”, is the largest financial market in the world, with a daily average turnover of well over US $ 1 trillion — 30 times larger than the combined volume of all U.S. equity markets. The word Forex is derived from the words FOReign EXchange.

Currencies are traded primarily between central banks, commercial banks, non-banking international corporations, hedge funds, private investors and speculators. Forex trading is carried out 24 hours per day, 5 days per week and can now be done continuously and conveniently between the traders around the globe via the Internet.

The Forex Market is the perfect place for profit opportunities due to the numerous arbitrage advantages arising from price fluctuations in the world’s financial centers.

However, trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.

The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

If you are new to the subject you should take advantage of the free forex training and tutorials offered by most broking houses or brokers. Also many brokers offer Free Practice Trading Accounts for periods up to 30 Days during which time you can test and evaluate trading strategies under real market conditions with no Risk.

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(PRWEB) October 22, 2009

One of the fastest growing markets for investors to trade is the forex market. Traders can speculate on the direction of currencies just like the major banks. Go markets, one of the fastest growing providers of FX trading, has recently enhanced its service to benefit the army of growing traders.

Forex markets can often move very fast and require pinpoint accuracy. Go markets has recently doubled the speed of its servers and dramatically enhance its price feed via its free to use Metatrader 4 platform to ensure a genuine marketplace for its clients. Go’s operation manager Chris Reynolds has stated that ”for to long retail forex clients have had to put up with manipulation and general below par service, we are proud to have made these adjustments and we feel that other providers will have to follow which will benefit the industry as a whole’.”

For further information on the enhancements please visit www.gomarketsaus.com or call the helpdesk at 1-800 88 55 71 or +6139670 3055

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San Francisco, CA (PRWEB) May 7, 2006

JCL Capital, a leading non-bank provider of foreign exchange (forex) trading and education, today announced open enrollment for the Conquering the Markets forex trading group of currently 110 traders worldwide. The groups is lead by founder Jordan Lindsey; forex mentor.

Member Tom G says, “I’ve been a member for several months now. You can’t beat the price compared to other services and the mentor of the group, Jordan Lindsey, has a true passion for helping you learn to trade forex. Jordan himself is always available in his chat room. There is always a person willing to help because he has built an environment within the members that represents his willingness to share and help fellow members. You can truly start from the bottom and learn your way up. All Jordan’s trading methods include detailed explanations, money management methods, and risk management methods. By the way his trading methods are also profitable. Everyone is kept to a high standard of helping each other make profitable trades.”

“The Conquering the Markets trading group is by no means a signal service. And I would not label it is a trading system either. It is a group where I teach members to trade my methods and rules. We have a chat room where members can receive real time help from myself or other members. It is in the chat room that the group develops a sense of community while interacting with each other. Updates are sent out by me through the yahoo group. I also hold live training sessions where up to 10 members can view my screen on their home computers and ask questions.” stated Jordan.

“It is a unique and special place. I prefer not to label amongst other forex services. We are a group who trade solely my rules and methods in a positive supportive environment,” added Jordan.

About JCL Capital

An investment group that follows Jordan’s rules and methods to trade the forex markets giving average investors the opportunity for significant returns every month. The trading group called JCL’s Forex Trading Group, includes training and support by Jordan himself for reaching investment goals.

For more information about JCL’s Forex Trading Group, please visit http://www.jcls-forex.com or http://www.jclcapital.com

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New York, New York (PRWEB) June 11, 2009

In a continued effort to bring its customers the highest quality and most up-to-date Forex news and analysis, FXDD proudly provides customers access to Thompson IFR Markets in addition to its own considerable market analysis resources at Forex.fxdd.com. Metatrader4 software provides FXDD Forex traders with the fastest, most reliable searchable trading power in the industry. FXDD is also a leading sponsor of Forexlive.fxdd.com.

Thompson IFR Markets

Thompson IFR Markets is the world’s most authoritative source of real time financial markets commentary and analysis, relied on by Forex industry professionals worldwide. A unique combination of commentary, analysis, data and forecasting makes IFR Markets an unparalleled resource for Forex market sentiment and deal flow. Thompson’s 70 international analysts are experienced market professionals themselves, helping IFR Markets provide constant actionable intelligence.

http://Forex.fxdd.com

The Forex.fxdd.com site combines economic analysis with commentary on the current technical trends that are shaping the currency markets. Forex.fxdd.com provides twice-daily video analysis on the current market and charting developments as well as a day end report titled “FXDD Today and Tomorrow”. This concise one page report, takes a snapshot of key closing bell prices, recaps the Forex trading day and previews the Forex news for the Forex trading day to come.

http://www.Forexlive.com

ForexLive provides news and analysis, from a trader’s perspective, 24 hours a day. Each strategist has significant experience trading FX for major investment firms as well as analyzing currency markets for institutional accounts at Thomson Reuters. ForexLive gives the individual trader the edge once exclusively enjoyed by industry insiders. The site provides news, major flows, market-moving rumors and technical analysis. ForexLive injects a sense of fun and community into its commentary. Readers offer instant feedback and insight which helps shape the site’s content and the community experience.

About FXDD

FXDD, headquartered in New York City, is a leading online foreign exchange trading firm dedicated to providing superior customer service and powerful technology to retail traders, hedge funds and money managers. FXDD is also a reliable liquidity provider for brokerage companies and institutional investors. The Company offers 24-hour Forex trading via its trading platforms: MetaTrader and FXDDTrader (retail), PowerTrader (institutional) and FXDDAuto (automated). FXDD provides true interbank pricing; no-interest accounts; fully-automated execution; 100:1 leverage for regular accounts and 200:1 leverage for mini accounts; narrow bid-to-ask spreads (2-3-wide on most majors); and commission-free Forex trading.

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Vocus, PRWeb and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Markets were pretty steady last week until concern of Greece deficit contagion across Europe intensified on Thursday and rocked financial markets around the world. Credit-default swaps on the debt of Greece, Spain and Portugal rose to record highs today amid concern that European governments will struggle to fund their deficits. There were even talks in the market that Greece’s problem is a ‘dressed rehearsal’ for US and UK, which also have huge budget deficits. MSCI World index dropped 2.2% to 1095.4 while DOW breached 10,000 level twice before closing at 10,012.23. Dollar managed to ride on risk aversion with dollar index closed above 80 level and the Japanese was also broadly higher across the board. Nevertheless, DOW’s refusal to give away 10,000 level and late Friday’s pullback in risk aversion argues that flight-to-safety fund flow has possibly peaked in near term and we might see the markets stabilize a bit in near term.

One point to note is that data released from CFTC on Friday showed that speculative accounts built a record net euro short position and flipped their net yen short position to a net yen long as per February 2. Speculators increased their euro short position to -43,741 contracts from last week’s short of -39,539, which was in sharp contrast to record net euro long of +119,538 contracts seen May 15, 2007. Speculative accounts had a net yen long of +7,135 contracts, comparing to to the net yen short of -4,347 contracts seen last week and the December 1 position of +56,907 contracts, which was the largest net yen long of 2009.

Employment data released last week reminded the markets that global recovery is still fragile. US job market contracted -20k in January versus expectation of 20k expansion. December’s figure was also revised down from -85k to -150k. Unemployment rate dropped from 10.0% to 9.7%, which was the best number in five months. However, that was largely due to a sharp increase in the number of people giving up looking for work as number of ‘discouraged job seekers’ rose to 1.1 million in January from 734,000 a year ago. New Zealand unemployment rate surged sharply from 6.5% to 7.3% in Q4. Nevertheless, Canadian employment data showed much better than expected expansion of 43k in January, the fourth gain in six months. Unemployment rate also dropped to 8.3%.

ECB kept its main refinancing rate unchanged at 1%. The introductory statement was very similar to the one released 3 weeks ago. The central bank believed current rates remain appropriate and risks to economic outlook are broadly balanced. Concerning gradual phase-out of extraordinary stimulus measures, the ECB said more details will be given in March. Concerning Greece’s 3-year plan to reduce budget deficit, the President said it ‘steps in the right direction’ but ‘they must fix the goals that they have set for themselves’.

BoE left rates unchanged at 0.50% and paused its GBP 200b asset purchase program as widely expected. The bank said in the accompanying statement that the current interest rate “would continue to impart a substantial monetary stimulus to the economy for some time to come.” Meanwhile, the committee will “continue to monitor the appropriate scale of the asset purchase program and further purchases would be made should the outlook warrant them.”

As a surprise to the market, the RBA announced to keep the overnight cash rate unchanged at 3.75%, following 3 consecutive hikes last year, as policymakers would like to gauge the impact of previous hikes and stimulus withdrawal. RBA noted that lenders in Australia has “generally raised rates a little more than the cash rate over recent months” and “loan rates have risen by close to a percentage point.” The bank would seek to hold the cash rate steady for the moment to see the impact of these changes to the economy. Nevertheless, the bank maintained a tightening bias that “if economic conditions evolve broadly as expected, the Board considers it likely that monetary policy will, over time, need to be adjusted further in order to ensure that inflation remains consistent with the target over the medium term.”

Looking at the charts, DOW’s recover was limited by 55 days’ EMA and fall from 10729.89 resumed. 10,000 psychological level is so far still stubbornly held but we’ll expect it to be taken out decisively eventually. Whole medium term rebound from 6469.9 has completed at 10792.8 and we expect a correction to 38.2% retracement at 9102 at least.