Nobody can predict what the Forex market will do at any given time. The only thing you can do is to prepare yourself for many of the situations.

Browse > Home / Finance / Nobody can predict what the Forex market will do at any given time. The only thing you can do is to prepare yourself for many of the situations.

Nobody can predict what the Forex market will do at any given time. The only thing you can do is to get ready for many of the situations. Attain as much knowledge and advice as possible about the a number of ways to profit from trading and stay away from terrible errors. Go through the following article to get some good suggestions about the topic.

Forex Trading Tips

One of the biggest forex trading advice a person can give you when it comes to Forex, is understand your exit point even before you enter in a trade. Know exactly what you want to get and just how far you are willing to go to get it. Don’t get yourself in too deep because it’s difficult to get out. You may end up losing much more than you can handle which is never good and it is sometimes difficult to get back in the game once that takes place.

Never stop understanding about forex trading! New forex trading tips and tricks, strategies, advice, and tips are posted online all the time, thus check forex blogs and forums for additional information. The greater your knowledge and understanding of the forces at work in currency markets, the easier you’ll find selecting new trades will be.

Forex trading forums can be extremely beneficial when you are searching for initial details about buying, selling, and trading in the foreign currency exchange. It can also be very helpful if you wish to have a group of people to talk about tips with and help each other earn money.

Perhaps the most skilled forex traders get lonely occasionally, that is why joining an online forex community is usually a life saver. You can talk about strategies and ideas with other investors of all talent and experience levels, share useful online resources, or get the answers to some of your most difficult queries.

Learn tips and advice from other investors, and put all these suggestions together to color a larger picture. You can learn much from other people who have already been there. Not every idea will be intended to be the game winner and earn you cash right then and there. However, those tips will gain you knowledge and all put together, you will find actual Forex trading.

One of the best strategies for Forex traders is to be in your lane. This means that, do not try and do too much or get very dangerous. Try to think of a somewhat safer trading method and follow it. Avoid making up for any lost amounts by making more aggressive trades.

Consider consulting a specialist if you are new to trading on Forex. As there is quite a lot of information on the website, it is always useful to seek help from a person who trades stocks for a living. At the minimum they can give you tips about how to save cash.

Take full advantage of these details – maybe you could save it to a document where you keep all such tips? You are sure to have discovered a couple of new things that will help you succeed in achieving success when trading on the market. Be wise and patient, and you will do well.

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Currency Trading System – Automated Trading Signals Vs. Daily Live Trades

Browse > Home / Finance / Currency Trading System – Automated Trading Signals Vs. Daily Live Trades

If you are looking for some online Foreign exchange currency trading info, then you must continue reading this report. This report talks in regards to the fundamentals of Foreign exchange trading. Within this content articles, you can find 3 main points, they are – what’s Foreign exchange, some essential jargons and the danger assosiated in Foreign exchange trading. Soon after reading the online Forex Trading Systems info in this report, you must have a rough idea of what the Foreign exchange market is.

What is Foreign exchange?

Foreign exchange stands for FOReign EXchange. The Foreign exchange market entails the obtaining and offering of diverse currencies. Foreign exchange market has quite substantial liquidity and it’s been reported that there’s about $2 trillions dollars of transaction everyday. The Foreign exchange market is usually a very good indicator in the well being in the economic system of a country as well because the prospect in the long term financial growth.

Before 1998, the Foreign exchange market is only opened for massive players with substantial capitals like banks and corporates. Even so, soon after 1998, the Foreign exchange market is opened for everybody and now every person can tap onto this substantial liquidity market having a smaller capital. Some brokers are offering online Foreign exchange currency trading accounts with an preliminary deposit of as little as $100.

Some Standard Jargons

There are various jargons utilised within the Foreign exchange market. Even so, please usually do not be concerned about this simply because you are going to gradually choose up within the learning course of action. Some jargons are :
-Major currencies – the 8 most frequently traded currencies (SD, EUR, JPY, GBP, CHF, CAD, NZD and AUD)
-Minor currencies – other currencies
-Base currency – the first currency in any currency pair. For example, EUR/USD rate, EUR is the quote currency.
-Quote/counter currency – the 2nd currency in any currency pair. For example, EUR/USD, USD is the quote currency.
-Pips – the smallest decimal place within the currency. As an example, if EUR/USD is one.5633, one pip signifies 0.0001. All currencies are measured in pips in Foreign exchange.
-leverage – regard this as multiplication. As an example, if a broker supplies 100x leverage, when you invest $1000, you might be basically trading in $100,000 volume. This is the wonder of Foreign exchange market, in which you’ll be able to earn lots with little income (because of leverage), but at the same time, lose lots as a consequence of substantial leverage.
Foreign exchange Indicator Application Trading Danger Management – Prevent These Dumb Mistakes

The Danger

A lot of online Foreign exchange currency trading info that you discover within the World wide web will inform you that Foreign exchange has quite reduced danger. This is certainly accurate simply because Foreign exchange market has quite substantial liquidity. Should you invest meticulously and has good patience, you’ll be able to certainly profit within the long run. Most people adopt the method of obtaining in the day reduced and wait for the value to raise, or offering in the day substantial and wai for the value to fall. Provided that you might be patient and is smart adequate, you must be capable of see profit within the long run. Free Forex Trading Software

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Know the 5 Key Benefits From Managed Currency Trading

Browse > Home / Finance / Know the 5 Key Benefits From Managed Currency Trading

Do you know the key benefits of managed forex trading? Do you how to notice an immoral operator? Otherwise, you have found the right article to read.

Managed forex trading can be defined as funding a professional trader, a trading company, or a forex robot to trade your account for you. If you’re an investor and seeking for an excellent approach to double your capital rather than letting it rot in your bank account, this is one of the top choices.

These are some important benefits and what to look for from managed foreign exchange trading:

1. A good managed forex trading business is clear, so you see how they trade your account, when they trade, how much their revenue and commissions are, what currencies they trades and what tactics and systems they use etc.

2. If you decide on an expert trader, your funds is managed by specialists who trade as a livelihood.

3. If you choose forex robot, your investment is handled by tested software which has been tested to make profits from the currency market.

4. An authentic trading company will also have real time account administration and information that enable you to get access to in-depth reports for the trades at anytime and also the ability to ask for a withdrawal when you want. Note: for funds withdrawals, it will still take some time to process.

5. If you have no education of currency trading or you just simply do not have the time to learn, you can tap into and exploit the knowledge of professional foreign-exchange traders, invest your capital with the managed forex trading business and sit back and wait for the earnings.

Nevertheless, managed forex trading is not without risks. Understand this: No trading business/foreign currency funds manager can state a formal written income assurance for their consumer with their CEO’S signature and company brand on it. Formally, it is against the law to guarantee such things.

You should be attentive, there are several foreign exchange scam operators out there. Mainly, they tempt a client with a range of sweet promises to start an account and deposit his capital. This capital is NOT in fact traded on the currency exchange market; these fake traders simply pretend to perform analysis and implement trades based on current market data. The trades rarely result in successful trades, however, these operators are very shrewd at making justifications for the losses. Once they have squeezed the client dry, they’ll take cover behind the risk disclosure and progress on to the next target.

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Forex Tips

You could trade with various markets.But the Forex market is definitely one of the most popular options that you have here. With the Forex market you can really make a killing as long as you know what you are doing of course and as long as you are Forex trading properly.

It is better to study on Forex market before taking part in.This way they are going to get all the information that they need to feel comfortable starting to make investments and really going somewhere with this, and just remember that it is probably going to be a bit confusing to you at first if this is something that you have never done before.

You could find it very difficult to know Forex market more.Sure you are going to be coming up with your own as you become a professional at this but there are a few that have proven to work very well and which you are therefore going to want to use on your own account.For one thing you are going to want to make sure that you always look at the history of the market in order to get a better idea of what investments you should be making in the future. There are always going to be certain trends that you want to watch out for and different aspects that are going to repeat themselves time and time again.

These are what you want to use to make your decisions here when you are trading on the Forex market. So that you know you have the best chances of success. Speaking to a professional or at least someone who has been trading on the market for a couple of years now is really going to be a good idea on your part and is going to ensure that you are going to do well here.

The luck is very important as well.They do not win a lot of money when they are trading on the market but as long as you are smart with the amount of investments that you are making, you will be okay and should not have any major financial issues here.

For more information on forexand forex trading, you can turn to the author.

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The Web Trading Currencies Strategies

Browse > Home / Finance / The Web Trading Currencies Strategies

I am here to share some expertise, ideas, strategies and insights of how you can successfully buy, sell, trade and invest in on the net Forex trading. FOREX or Foreign Exchange will be the largest together with one of the most liquid trading market within the world and there are many people involved in FOREX trading all more than the world. A great deal of people claim that the FOREX will be the greatest home company that may be pursued by any person. With every day, progressively more are turning to FOREX traders, by way of electronic means of personal computer and web connectivity.

This means that foreign exchange is not delivered to an individual who in fact buys like stock trading, FOREX trading also has day traders that acquire and sell foreign exchange exact same day. Thus, FOREX is not a get-rich-quick scheme as many individuals thought which complicates the genuine idea of on the net Forex trading. More: Forex MegaDroid

In contrast to stocks and futures that trade by means of exchanges, Forex trading is accomplished by means of market makers that consist of main banks together with modest to massive brokerage firms located all over the world who collectively make a market on 24 hours – five days basis. The Forex market is always “open” and will be the largest economic network within the world (day-to-day typical turnover of trillions of dollars).

Forex trading involves trading currency pairs including the EUR/USD pair (Eurodollar/US dollar pair) exactly where a buyer of this pair would in fact be buying the Eurodollar and simultaneously selling short the US dollar.

Here’s the deal: Just like any other market, most “traders” are losing when trading Forex. And the causes for their failure are primarily since some lack great trading techniques, sound cash and risk management principles and indiscipline trading attitude. In most situations, it may be wrong mindset and motive towards the market. Some do not even comprehend the trend with the market, of which the trend plays a important role within the life of any trader, as it can be just says that “the trend is your friend”.

Furthermore, a lot of have been mislead by dishonest people or questionable brokers promising outwardly overnight riches and hidden policies.

Forex is still a bit like the “wild west”, so there is naturally loads of confusion and misinformation around but I’m here to cover a lot of tactics and strategies applied by prosperous Forex traders all more than the world. Unfortunately, only few Forex traders are in fact conscious of this facts.

Forex trading is all about regulation, willpower and determination. Leveraging your strength may be extravagant by organizing the proper Forex trading method. You may locate hundreds and thousands of Forex trading strategies around. All Forex trading strategies use many different indicators and combinations. These indicators and studies are just calculating assistance and resistance and trend within the Forex trading market. From: Forex MegaDroid

What you’re about to read is extra useful to you than what you will locate in a lot of trading courses or seminars that you’d must pay for. Anyway, I do not believe in sugarcoating anything or giving you false hopes of good results. You will discover sufficient swindlers performing that already. I need to offer you the details, like ‘em or not, so you are empowered to take action and make positive decisions on how you can succeed within the Forex markets.

There’s absolutely nothing magical concerning the Forex markets, since all markets are ultimately driven by human psychology – fear and greed – and supply and demand. Certain, every single market has its own peculiarities, but for those who comprehend how the standard drivers of human emotions work, you’ll be able to potentially succeed big in Forex market, since the market controls 95% of live trader’s emotions. Some traders believe it’s a “get wealthy quick” trading the popular Forex markets.

There are many benefits of Forex trading more than other kinds of economic instrument trading like bonds, stocks, commodities and so on. But it doesn’t mean that you can find no risks involved within the Forex trading. Certainly you can find risks associated with Forex trading. As a result, someone needs to know all the terms associated to Foreign Exchange meticulously. There are many on the net sources together with offline sources that offer hints on trading of Forex. These hints are essentially the SECRETS.

As I stated above, the foreign exchange trading is considered as among the most lucrative and appealing opportunities for investment as any person can simply do at home or office and from any component with the world. For succeeding the Forex trading, an individual is not necessary to complete any on the net promotion, marketing and so on. The only requirement within the Forex trading will be the account that an individual is necessary to open with trustworthy and registered brokers, a personal computer system and rapidly web connection.

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Learn Forex Price Action Strategies Or Perish

Browse > Home / Investment / Learn Forex Price Action Strategies Or Perish
Did you know that…
Surprise, surprise! A lot of struggling Forex traders try to bypass learning price action Forex strategies. They
think they can shortcut the learning curve by using indicators, expert advisors or signals services. And while
there is nothing wrong with these things, using them without an understanding of price action puts you at a disadvantage. Here are 3 reasons you should take the time to learn price action Forex strategies.
Price Action Forex Trading Is Reliable
There is nothing more reliable than what you action see price action doing on your chart. Being able to interpret
price movement, identify price patterns and understand price behavior at support and resistance levels is essential for successful trading. Many costly mistakes can be avoided by understanding price action, so adding this reliable form of trading to your trading plan can greatly improve your
results.
Price Action Trading Is Confident Trading
If you base your trading decisions on what you see on the charts, you are going to make more confident decisions. And don’t underestimate the role confidence plays when trading in the live market with real money. There is no room for doubt when you are getting ready to place a trade, and using price action strategies is a great way to eliminate doubt. This is the key to becoming a confident trader.
Price Action Strategies Improve Your Trading Regardless Of The Method Used
Ok, trading a “naked” chart might make you uncomfortable. But that does not mean you can not incorporate price action strategies with other Forex systems. Just think of how confident you’ll feel placing a trade when both your indicators and price action confirm the trade. So, even if you want to use a system based on indicators, understanding price action is only going to make you more successful using that strategy.
One of the biggest mistakes I see new and novice traders make is avoiding price action trading. They think indicator
are superior in some way, and that price action is not necessary. But price action is a part of any trading strategy, whether you want it to be or not. I for one what to put as much in my favor when I put real money on the
line, and that means having a good understanding of price action Forex trading.
Don’t you want to improve your Forex trading confidence and results by using price action Forex strategies?
This is the best price action course taught by a real pro. For my top recommedations for learning Forex trading, check out http://www.bestwaytolearnforex.com
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Find Out the 5 Key Advantages Of Managed Forex Trading

Browse > Home / Finance / Find Out the 5 Key Advantages Of Managed Forex Trading
Do you know the key benefits of managed forex trading? Do you how to notice an immoral operator? Otherwise, you’ve found the correct article to read.
Managed forex trading can be defined as funding a professional trader, an investing company, or a forex robot to trade your account for you. If you are an investor looking for an excellent method to double your capital instead of letting it rot in your bank account, this is one of the top choices.
These are some important benefits and things to look for from managed foreign exchange trading:
1. A good managed forex trading business is clear, so you see how they trade your account, once they trade, how much their revenue and commissions are, what currencies they trades and what tactics and systems they use etc.
2. If you decide on an expert trader, your funds is managed by specialists who trade as a livelihood.
3. If you choose forex robot, your investment is handled by tested software that’s been tested to make profits from the foreign exchange market.
4. A legitimate trading company will also have real time account administration and information that enable you to gain access to in-depth reports for the trades anytime and also the ability to ask for a withdrawal when you want. Note: for funds withdrawals, it will still take some time to process.
5. If you have no education of foreign exchange trading or you just simply don’t have the time to learn, you can tap into and exploit the knowledge of professional foreign-exchange traders, invest your capital with the managed forex trading business and sit back and wait for the earnings.
Nevertheless, managed forex trading isn’t without risks. Understand this: No trading business/foreign currency funds manager can state a formal written income assurance for their consumer with their CEO’S signature and company brand on it. Formally, it is against the law to guarantee such things.
You should be attentive, there are many forex scam operators out there. Mainly, they tempt a client with a range of sweet promises to start an account and deposit his capital. This capital is NOT actually traded on the currency exchange market; these fake traders simply pretend to perform analysis and implement trades based on current market data. The trades rarely result in successful trades, however, these operators are certainly shrewd at making justifications for the losses. Once they have squeezed the client dry, they’ll take cover behind the risk disclosure and progress on to the next target.
View the original article here

Forex Trading: Start With the Basics

Browse > Home / Finance / Forex Trading: Start With the Basics
Foreign exchange trading, or forex trading for short, refers to the exchange of different currencies used in different parts of the world. It does not need a central exchange site like the ones in stock market trading. Due to time zone differences of countries across the world, foreign exchange trading operates on a 24-hour basis.
The foreign trading market is the largest across the globe in terms of volume of trading. It far exceeds the volume of trading at the New York Stock Exchange. The majority of foreign exchange traders are individuals and private companies.
Because of the absence of a central exchange, forex trading happens between two parties directly. Buyers and sellers communicate and trade via the phone, the Internet or other communications networks worldwide.
In addition, trading forex is also speculative, meaning, they are based on expectations on whether a certain currency would rise or fall, depending on current market conditions. It is risky business, but the returns have often proved themselves worth the risk.
Fundamental Concepts on Forex Trading
In forex trading, investors usually buy and sell two currencies at the same time. One example of this cross combination is the pairing of the US dollar with the Japanese yen. The major currencies traded include the US dollar, the euro, the Japanese yen and the British pound.
Trading normally occurs in the spot market, which is the largest because of its volume. Here, trades are made and completed directly and on the spot. You don’t have to wait too long to settle.
Best Features of Forex Trading
1. No 4pm trade closing time.
The forex trading market need to be open 24-hours a day from Sunday night to Friday night. This allows traders to react to sudden changes in the value of currencies around the world.
2. Forex trading is very liquid.
You can easily convert your traded currencies, especially if they are considered major currencies, into cash in the forex market. The high liquidity of major currencies keep their spreads narrow, that is, the difference between the buying and selling prices of the currency is kept at a minimum. As a consequence, the prices of major currencies remain stable through a period of time.
3. Strong potential for profits
Traders are always on the lookout for currencies with declining values. The reason behind this is when one currency appreciates, another currency will devaluate in relation to the first currency. If a trader purchases a currency that underwent devaluation, he can sell it at a later time when the currency appreciates and earn a big profit at the same time.
4. Trading of highly liquid currencies require minimal costs
This is true for major currencies. The ease of trading these major currencies make commissions redundant and unnecessary. The currencies are valued for their own sake, not because of any sales incentives.
These are just a sampling of things you need to learn regarding forex trading. If you want more comprehensive advice on how to make your forex investments grow, your best option is to ask experts or investors with a lot of experience on trading.
The author is a multifaceted writer. She writes articles for a number of subjects like marriage and relationship advices, great deals on special occasion dresses and ball dresses, family and parenting concerns, fashion and beauty tips and a lot more.
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Forex Tips

You could trade with various markets.But the Forex market is definitely one of the most popular options that you have here. With the Forex market you can really make a killing as long as you know what you are doing of course and as long as you are Forex trading properly.
It is better to study on Forex market before taking part in.This way they are going to get all the information that they need to feel comfortable starting to make investments and really going somewhere with this, and just remember that it is probably going to be a bit confusing to you at first if this is something that you have never done before.
You could find it very difficult to know Forex market more.Sure you are going to be coming up with your own as you become a professional at this but there are a few that have proven to work very well and which you are therefore going to want to use on your own account.For one thing you are going to want to make sure that you always look at the history of the market in order to get a better idea of what investments you should be making in the future. There are always going to be certain trends that you want to watch out for and different aspects that are going to repeat themselves time and time again.
These are what you want to use to make your decisions here when you are trading on the Forex market. So that you know you have the best chances of success. Speaking to a professional or at least someone who has been trading on the market for a couple of years now is really going to be a good idea on your part and is going to ensure that you are going to do well here.
The luck is very important as well.They do not win a lot of money when they are trading on the market but as long as you are smart with the amount of investments that you are making, you will be okay and should not have any major financial issues here.
For more information on forexand forex trading, you can turn to the author.
View the original article here

A New Blog On A Long Lost Hobby

The most important and basic aspect of RC flying is the power source. This is the 1st thing that you should look for. Many years ago I was playing RC cars. Back then I was using Nicd batteries. It took a long time to charge and play time is acceptable.
After some time on Nicd I decided to look at Internal Combustion (IC) engine. They called it Nitro. The minute I look at an RC cars with Nitro engine I was turned off. It was noisy with lots of smoke. Sure it is powerful but I can never play nitro at my house at night. Surely my neighbours will be screaming.
Now we have a new power source. It is called Lithium Polymer (Lipo) Its small, lightweight and have high discharge. A 2200mAh lipo in my glider will give me a flight time of 30 minutes. That is with throttle on all the time. If I glide it, I can reach 1 hour of flight time. 1 hour of looking up into the sky is too long for me.

This is an example of lipo and a very good one. When choosing lipo there are so many option now. Generally I use 2200mAh with 25c discharge. I can use it on airplanes and helicopters as well. On glider I got 30 minutes fly time and on helicopters I got around 8 minutes normal fly time.
Next article is how to care for your lipo since these things have fire hazard risk involve.
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Gold tumbles as euro drops below 130

The price of gold tumbled last week as the euro traded below 1.30 for the first time since January. Gold reached a record high of $1929.15 in September and has dropped 18% from the peak. A decline to $1,536 would be a 20% price drop, which economists generally consider confirmation of a bear market. There are numerous explanations for the drop in price of gold.
The first, strengthening of, and safe haven demand, for the US dollar on fears of a collapse of the EU. Despite a 15 trillion US government debt, the US dollar is rising and demand for US treasuries is strong. These assets present significant competition to gold’s safe haven status. Some argue that the decline reflects technical selling sparked by a drop below the 200 day moving average at $1614. This is the first time gold dropped below this average since January of 2009 and the break is a strong technical sell signal.
In addition, some argue that gold has lost its attraction because of the increased risk of global recession. As the global economy slows, demand for gold from India and China, the world’s largest gold buyers, will drop. A more ominous explanation is European banks are selling gold to raise cash, fearing  possible EU defaults and hedge funds are selling to meet margin calls because of recent weakness in commodity and equity prices.
Gold has been a primary safe haven in times of global economic and political uncertainty. Conventional wisdom is, if the central banks continue to expand their balance sheets, this aggressive monetary stimulus will lead to a debasing of currencies and inflation. Many economists also believe that gold protects wealth in deflationary times.  Austerity measures in the US and EU, the Federal Reserve’s hesitation to implement QE3, the ECB’s reluctance to become the lender of last resort for Europe and slowing global growth could spark a deflationary spiral. Part of gold’s current decline may reflect investor uncertainty if gold will continue to be a safe haven if a deflationary spiral emerges.
Gold remains the top commodity pick for 2012 and most factors that sent gold higher in 2011 are not going away. The uncertainty investors face in 2012 will likely contribute to gold’s outperformance against other asset classes next year. Gold is set for its 11th consecutive year of gains and as investors look for wealth protection from weak currencies, falling equities and rising inflation gold could soon resume its rise.

Fuente: http://blog.easy-forex.com/

Will the SNB surprise the markets?

After a month of dramatic developments in the currency markets, the Swiss National Bank (SNB) will hold its quarterly policy meeting on Thursday 15 December at 08:30 GMT.
Slow Growth
A strong franc continues to create problems for Switzerland’s economy by causing a slowdown in growth. Gross Domestic Product in the third quarter rose by just 0.2% at a time when the global economic conditions appeared to be deteriorating. The situation in the eurozone does not seem to be improving while investors argue for a mild recession and that uncertainty in the financial markets is affecting the Swiss economy.
Switzerland’s exporters have put pressure on the SNB to intervene and curb the strength of the franc. Swiss export growth is forecast to slow next year while economists expect a contraction in sales abroad as demand from European customers will be lower. Economic data also points to a slower growth with the KOF measure falling significantly. Retail sales and the jobs market also continue to be struggling with the unemployment rate remaining at 3%.
Deflation pressures
The Consumer Price Index in October assured investors that price pressures continue to be pushed to the downside after a 0.5% drop from a year earlier, making it the biggest drop in more than two years. The figures raise speculation that the SNB may need to act again to prevent deflationary forces from creeping into the Swiss economy.
Raising the ceiling
On 6 September, the SNB announced it would raise the exchange rate floor of the euro versus the Swiss franc to 1.2000 surprising the currency markets. The franc, which is considered a safe haven in times of uncertainty and risk aversion, gained against the single currency until the SNB imposed the cap. The SNB had a record loss of $21 billion in 2010 after it purchased foreign currencies at an unprecedented pace in the 15 months through June to stem franc gains.
One scenario for this week’s policy meeting is that the SNB could raise the EURCHF floor to 1.2500 or even as high as 1.3000. Another scenario is that the SNB may apply negative interest rates to foreign deposits to weaken the franc. But is it a wise decision to defend a higher floor for EURCHF while the eurozone debt crisis deepens? The scenario whereby the SNB decides not to move the exchange rate floor is also possible and, in such a case, the EURCHF may sharply drop and trade around 1.20.

Fuente: http://blog.easy-forex.com/

November Demo Challenge Results

We have run our monthly Forex Trading Demo Challenge, and we  have 3 new winners.
The winners of the November Demo Challenge are:
1st prize ($1,500): Demo3383598, from Zimbabwe, who closed with a P&L of $190,460.00
2nd prize ($1,000): Demo3429927, from India, who closed with a P&L of $166,864.22
3rd prize ($750): Demo3413406, from Malaysia, who closed with a P&L of $155,109.00
Each month the three traders with the highest balance in their easy-forex® demo accounts will receive real trading credit into their accounts. These 3 traders made real profits totaling $3,250 of trading credit deposited directly into their certified accounts.
Sign up now for your free $100,000 demo account and you too can stand a chance to win $1,500, $1,000 or $750 of trading credit into your real-money account.
Your easy-forex® demo account is an ideal way to get into the forex market by learning under live market conditions without putting up any of your own money. If you’re already trading, than it’s a great opportunity to test your strategies and try out new ones! You’ll also have the benefit of:
No-obligation, 30-day period of risk-free tradingTrading based on real-time charts and quotesFree market analysisInside Viewer™ to see how other traders are trading
* The demo challenge begins on the first trading day of each trading month and it ends on the last trading day of that month. A trading month equals to a calendar month. The challenge is addressed to participants that do not currently have an active account with easy-forex.  The trading credits are as follows: highest account equity 1,500 USD, second highest is 1,000 USD and for the third highest is 750 USD. The participants need to be above 18 years old.  Each participant shall trade only in one easy-forex demo account per trading month. Demo accounts are only eligible for participation if opened within the trading month of each month’s demo challenge.
Requirements for the Challenge: The participant shall perform up to a minimum of 20 trades per entry. The highest equity of the demo account (defined as the free balance plus any used margin in open deals that will arise out of their demo trading) will be recorded on the last day of the trading month. Unrealised P&L on any open deals after the last day of the competition will not count. Three participants will be entitled to trading credits according to the highest account equity traded per trading month and will be notified by easy-forex by email or phone.
Any trading credit arising out of the deals undertaken on a demo account cannot be withdrawn. The withdrawal of funds from an account before completing minimum trading turnover of USD 100,000 for every USD 10 of credit offered will nullify the credit upon completion of the trading month and cause the credit amount to be removed from the account. To receive any trading credit, the participants will be required to open an easy-forex live account with a minimum deposit of USD 200.  Winners must open an active account within 30 days of receiving the notification of winning from easy-forex in order to claim the relevant trading credit.   For more info on various types of live accounts please visit our website here.
Participants will be awarded one time only, giving new demo traders a chance. Demo challenge is only open to demo traders on easy-forex web platform or TradeDesk™. The demo challenge commences on1 November 2011 and it ends on 31 March 2012 (last entry will be accepted on 31 March 2012).  The Company reserves the right to refuse/reject an entry at anytime, upon its own discretion or based on regulatory restrictions imposed on it. Easy Forex Terms & Conditions apply please visit our website here.
Risk warning: please note that forex trading (OTC Trading) involves substantial risk of loss, and may not be suitable for everyone.
To join this month’s Forex Trading Demo Challenge, visit our website and open your own demo account!
Happy trading,
The easy-forex® team

Fuente: http://blog.easy-forex.com/