Forex Rebates Cash Back for Trades

Rebates on your Forex Trades?  Many people I talk to don’t know that there are services out there that will give you money back for every trade you make.  Since most brokers make their money by charging their traders X amount of pips in the spread, they leave it open to Introducing Brokers (I.B.’s for short) to earn a part of that spread just for referring you to the broker.  Basically, website owner A has a link on his website to Broker A, Broker A charges you 3 Pip spread on EUR/USD, but .3 pips go to website owner A simply because you found Broker A via his website.  Nothing new of course, but now you may also cash in on this Introducing Broker income by signing up to Broker A, B, C, or D via sites like Cash Back forex, making Cash Back forex your Introducing Broker.  Cash Back Forex gets a cut of your spread and gives it back to you.  If you pay 2 pip spread on EUR/USD, you might get a nice portion of that back instead of seeing it all go to your broker.

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‘NO SPREAD’ Forex Broker?

An ECN Broker With No Spreads? I know, it sounds too good to be true. But I recently came across a banner on a website touting that FX CLUB has no spreads on their currency pairs. So, I decided to investigate and see if this was truly the case and if there was a catch (like IForex.com’s Protected Account isn’t really protected). FXClub also claims to charge comission, however, gives instant refunds on non profitable trades, i.e., if you don’t make money, they don’t make money. A noble thought indeed, but how far do they go? Actually alot further, including NO SWAPS, and just .4 per $1000 traded in commission (they need to eat too). At any rate, I’ll be trying out the free demo starting Sunday night and get back to you all on how it goes Read more

Forex Brokers That Use Expert Advisers

Now, I’d like to preface this by saying this is more of a question to anyone reading than commentary about Forex Brokers. Since I am only familiar with a list of Forex Brokers that Use Metatrader4 (mt4), and in turn you are able to use any expert adviser for meta trader4 with that Forex Broker. Now I realize there are brokers with their own trading platforms that might offer their own expert advisers that let you trade automatically. I’ve been looking at expert advisers for a long time and have never found one that is right for every situation. Thusly, I never really tried any expert advisers with real money.

Forex Broker Reviews and Comparisons

Hello there everyone, found a few sites that will help you find a Forex Broker that’s right for you. Even if you have a broker already, you can use these sites to review your current one or find a better one. Personally, I think I might try out a couple of MT4 (MetaTrader4) compatable brokers from these lists by opening up mini accounts for $250 or less and test out some indicators that I want to try live, but don’t have the nerve (or stomach) to try with big lots. I don’t see anything too risky about this new approach, the initial investments I can easily part with if the markets don’t go my way. Let me know if this is too foolhearty, even if I trade mini lots. just know testing out these expert advisers out, they will be 3:1 win to loss, and losses always smaller than gains, historically. I’m interested in seeing what the spreads will be like, alot of these brokers keep that under wraps unless you ask. Read more

Forex Broker Reviews

Found another great site that Reviews Forex Brokers of all types. The makers of this site really did their homework with collecting info on all of these Forex Brokers. The site is set up with some sort of content management script that allows you to search for Forex brokers that accept E-Gold, Forex Brokers that Use MetaTrader4 as a platform, ECN Forex Brokers, and gives commentary on the pros and cons advantages and disadvantages to every Forex Broker in their system. This is not in list format with comparisons side by side, so you’ll have to do your own digging into this site to compare and contrast, if you do need side by side comparisons I suggest you try out Forex Broker Comparisons .com.  But if it’s more in depth information and details, check out EARN FOREX, whom I don’t believe is too biased, although some brokers they review do offer affiliate programs, which I’ll go into later in this post, the info is very straightforward, hard to bend the truth with such things like Operating Since or Max Leverage.

Earn Forex also has great Forex informational material throught many sections, including a very informative “FOREX FOR DUMMIES” section, no relation to the book. They go over Forex Basics including Fundamental Analysis, Money Management, Technical Analysis, Psychology and finding the right broker. They also have some really useful tools to help you trade without firing up your trading platform including a Fibonacci level calculator, just enter the swing high and swing low, and you get possible levels the currency pair might move to; a pip value calculator if you want to know a price of a single pip for any Forex traded currency. A pivot points calculator helps you find pivot points in four different systems which are Floor Pivot Points, Woodie’s Pivot Points, Camarilla Pivot Points, DeMark’s Pivot Points; the significance of each is explained on their site. Last but not least, they offer quite a collection of MT4 Expert Advisers and Indicators for you to download; now I’m not sure the legality of this, I’ve tried to look to see if it is alright to repost Indicators and EA’s on my blog here but found no answer (if you know please comment back). At any rate, they explain in pretty good detail what each Expert Adviser and Indicator does/means/ tells you about the Forex Market.

BUT, they go on to excxlusively endorse Forex Brokers to beginners that I know all have affiliate programs and in turn, Earn Forex “earns” anywhere from .1 to 1 lot per trade you make (not exactly sure how much. but they get a cut). So, there’s alot of earning going on, but I do not see any innaccuracies in their info, they simply recommend them for beginners. I still like Earn Forex as a great resource for basic facts about Forex Brokers, which ones offer what, etc. If you have a need to find out some really good information on brokers check out EARN FOREX TODAY!