Daily financial market reviews and reports prepared by the Trading Point Dealing Room. Forex News include fundamental and technical analysis, economic calendar and forex trading reviews.
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Forex Market News allows traders to be abreast of the latest developments within the market 24/5, with our consistent ongoing release of the latest market events and happenings. This section is updated in accordance with market activity and as such should be revised by traders on a regular basis.
Daily Forex Reports
This section includes news and reports about the financial and trading activity during the Asian and the US sessions.
The Asian markets are naturally the first markets to see activity/action at the beginning of each day. The main countries that constitute most of the trading volume during this period are Japan, China, Australia, New Zealand and Russia. Considering how scattered these markets are, with regards to time, many traders consider the Asian markets to be most active/liquid between 21:00 – 06:00 GMT.
Within this trading session, the most popular pairs traded include USDJPY, EURJPY, and EURUSD, of which USDJPY would tend to be the most active since the Japanese Yen is a major international currency.
The US session is generally perceived to commence at 12:00 GMT and run as late as 21:00 GMT. The US session overlaps the European session by a number of hours (between 12:00 – 16:00 GMT) and subsequently, it is the norm for the markets to experience high volatility during these hours.
The US session is dominated by the activity in the USA and will typically commence with news releases such as U.S. Home Sales, Trade Balances, CPI, PPI and so forth. The most influential news release is called the Non-Farm Payroll (NFP) which is released on the 1st Friday of each month. Within this trading session, the most popular pairs traded include EURUSD, GBPUSD, EURGBP, and USDCAD.
Commodities Reports and News is a section dedicated to the commodities of Oil and Gold.
Gold is seen by many traders as a safe haven commodity and has been seeking more and more by investors over the past decade and a half – a reflection that can be seen from the exponential movement of the precious metal’s value since 2000. Gold is valued per ounce and its trading hours are between 23:00 GMT on Sunday and 21:45 GMT Friday.
Oil has also been increasingly in demand over the past few decades. Oil prices prior to 1970 were stable; then in the mid-1970s, the industry exploded. Technological advances and the political landscape contributed to the uncertainty, lack of stability, shortages and rising prices. Some 30 years later, prices have skyrocketed to reach more than USD 140 per barrel (2008)! Oil is valued per barrel and its trading hours are between 22:00 GMT on Sunday and 20:10 GMT Friday.
How to open a demo account?
At the first installation, MetaTrader offers to open a demo account right away. If you want to open a demo account again, go to the trading terminal in the File -> Open account menu, fill in all the fields, tick “I agree to receive news by mail”, click Next. In the next window called “Merchant servers”, click Next.
At the last step, the number of the new demo account is formed and the two passwords are the main one and the investor password.
Forex Trader Mobile
Forex Trader Mobile With Forex Trader Mobile, you always follow the foreign exchange market.
Easy account management
Real-time exchange rates monitor and manage your trading orders, check the status of pending orders – All are displayed on one screen.
Foreign currency trading, gold, silver, and oil
Trading over 40 currency pairs including gold, silver, and oil. Execute a single click transaction.
Refer to analytics, comments from FOREX.com
Refer to reviews, analysis from FOREX.com for transaction orientations. Track upcoming events by FOREX.com’s economic calendar.
Forex Trader Mobile is compatible with most current smartphones.
To trade with Forex Trader Mobile you can visit Forex.com from your phone. Then log into your account and trade as usual. Forex Trader Mobile does not require you to install software on your mobile device. Forex Trader for iPhone Designed specifically for iPhone. With Forex Trader for iPhone, you can:
- View rates of 40 currency pairs, including gold, silver, oil, and indicators.
- There are a variety of types of orders to trade, including market, stop limit, OCO, If then, If then OCO, and trailing stops.
- Watch news from Dow Jones Newswire.
- Watch 24-hour FOREX.com analysts’ comments.
Forex Trader for iPhone
Candlestick charts, with different time frames.
Track upcoming events via FOREX.com’s economic calendar.
Check account, profit, loss…
FOREXTrader for iPhone is compatible with iPhone and iPod Touch. To download the app, use the App Store search function on your iPhone or you can click on the link below to download (file: FOREXTrader 2.0.1.rar)
When dealing with Forex Trader Mobile or Forex Trader for iPhone ™ will not lose any extra costs compared to regular transactions (transactions using software used on computers, laptops).
Deposits to your GCI account
The methods that can be used to fund your account at GCI are as follows: Bank Transfer (External Payment Order) Credit or Pay-Pal Cards. Click below for detailed instructions:
Electronic bank transfer from the bank where you open your account in $. This transfer takes place within 2-3 business days, depending on the bank.
You can fund your account using Visa, MasterCard, or American Express. We use the PayPal system that is not currently available in Romania. But the e-gold service can be used.
Transfer your money via PayPal – the fastest and safest online money transfer. Withdrawals will be made on the same PayPal account of yours. This service is currently not available in Romania.
Note: Money transfer can only be made by the account holder open to GCI. It is strictly forbidden to transfer another person on behalf of the holder. Please fill out the following form whenever you make deposits with your GCI account. deposit information form.