Information About Margin In Forex Trade

Several forex traders are doubtful while applying the margin. But after that, they have small option and the majority of them have to employ the margin to do foreign trade.

One single lot includes 100,000 units of a currency in a normal account. One lot in Mini account may possibly include 10,000 units of a particular currency. This, as most of you would optimistically have the same opinion, is important cash to keep in an account. As well, the majority of people have been look to trade above one lot at a time.

And nearly all Forex trading firms need traders to have admission to margin funds. All in all there is just no options which will aid us turn clear of applying the margin in currency trading.

Significant aspect for a forex trader to bear in mind is that there are reasonable ways to employ the margin gainfully in addition to sensibly.

Margin is customizable: Margin is bendable and can be applied till the level at which the trader is comfy and thinks the requirement to exercise it. If the trader desires to play it protected, 5% to 10% of margin is measured comfy. For a trader who is start to taking a few risks, 40% to 50% percent of margin is measured standard or strong.

Therefore, the margin sum for every trade can be customized opening from zero to 100 percent. A person has to think every trade independently and has to create it a division of his long term forex currency trading strategy and create a well-versed verdict about how lot the margin is most appropriate for him.

Do Forex Trading Robots Work?

With forex robots many people have go it wrong. First you must ask, "What is it I want from trading forex?"

Do you want to take big risks in order to possibly make big gains? What is your risk? Are you willing to gamble the lot in the small hope of hitting lucky? Are you willing to risk half of your money before you call it a day? OR, is losing money your major concern? Because this is where you must start.

Only when you know this can you then go and start looking at possible forex trading systems that fit YOUR criteria, not the other way around. Got it?

And remember this a forex robot is simply a forex trading system coded. It's nothing magical or mysterious. Ignore the hype about "space ago technology." The best systems are very simple. I always recall a professional forex system tester said the very best systems were always the very simple ones. The more complicated the system, the more rules it had, the worse it performed. You have to ignore the hype some vendors will use to try and "trick you into buying" Simplicity really is the key to success.

Every forex system will go through winning, losing and flat periods. Only by looking at the past twelve months history can you get some kind of idea of how the system has performed. I see very little point in going back further than this. The markets change over time and because a system worked five years ago means nothing today. And even then that is no guarantee the past will play out the same in the future. But it's a good start. A trading system is a system not an "edge". NO ONE would ever sell or give away an edge and they are usually only profitable for very short periods.

A good system does the basics of forex trading well. It wins over the long term. Loses a little when going through a bad phase. Apply common sense when looking at forex robots. What history does it have? Are the returns simply too high? Is there too much hype? Who is behind the product?

Forex Scalping System Day Trading system

Forex Trading Robot - Vital Tool for Forex Trading by Randy Tyler

Perhaps you have heard enough that Forex trading robots deliver excellent performance by predicting upcoming situations in the trading market from top to bottom. Is it not possible to succeed without the use of any additional trading robot? Of course, you can succeed in Forex trading staying glued day and night with Forex charts, whereas utilization of a high grade Forex trading robot will make you a million annually with you seating idle.

But what kept you away from the actual trading robot was the unawareness of how it works. Many are trapped with Forex trading robots scams as they just have sky-rocketing claims, mingled with failures when actually used.

Typically, all Forex trading robots designed up till now, are based on only one Forex Market situation in mind, which leads to their failures as the market in realty is volatile. All Forex traders are aware of the fact that how frequently and unexpectedly the trade market changes. So, what if we have a Forex trading robot which can decipher any complex market conditions and even 3-4 hours earlier before it's about to occur? That's the dream of any Forex trader to possess a robot which is built-in with such intelligence that it embraces the market changes. Forex MegaDroid can fill colors to their black-white dreams, as the Forex trading robot is developed utilizing a unique algorithm. This aims to adapt the complex trading situation in the present market.

Reviews say that this Forex trading robot has successfully performed with 95.82% accuracy, and persistently drawing in money with its nature. For inexperienced traders there is nothing more delightful than making profits twice than the old and experienced Forex traders.

Forex Trading Robots Review

For folks who are involved in foreign-exchange market trading or are interested in it, something that might be very beneficial to read is a Forex trading robots review. These will give individuals an opportunity to learn about what products are out there that might help them to be successful and make more profits. There are also many unbiased and good reviews written by Forex commentators and veterans such as this article you are reading.

There are many different types of signaling and robotic software packages online. Some require that the user does very little while others require users to be a little more involved in the process. Because many of these systems are very similar, individuals will have to take a good look at their personal situation, goals and experience.

For people who are just starting out and have not been involved in this type of trading for long, then you might want to go with a product that handles and automates just about everything for you. Some of these will let their user know when a trade is a good one and potentially profitable. They may require that the user makes the trade manually, while others will make it for the user automatically. Depending on how involved or hands-on an investor wants to be and how well they know the market, a system that does just about everything for them may be exactly what they need.

On the other hand, if you have been involved in these types of investments in the past and are good at making money from it, then you will likely want a little more control. It would not necessarily be the best for these types of people to use software that will make the trades for them. Instead, having the final say will likely be very important. Therefore, these folks may be looking for something that does provide a certain degree of automation but not entirely.

Ultimately, what one should get out of a Forex trading robots review is how much each particular system costs, whether buyers will get a money back guarantee and what features it includes. You should be able to see proof that it actually works. It would be a bonus if they provide a link to a live demo that can be downloaded and used. This will give you the opportunity to determine if it's easy enough to use and if you are comfortable with it.

Also, take a close look at exactly what is being offered. Some will have many sophisticated features while others will be more bare-bones. It is likely that the latter will be less expensive. However, if you think that you have found something that will make a lot of money, it may be worth spending a little more especially if you can get your investment back if it does not work out.

Now that you know what to look for out when reading a forex trading robots review, it is time to go out and start looking at your options. If you make a good choice, it should be highly likely that your investment is recouped really fast.

Day forex Trading Robots

Day trading is a very profitable venture that exists in the stock markets that permits anybody to buy and sell securities in a day trade resulting in massive profits or losses for its owners. You will however need to commence your day trading activity by acquiring some very basic knowledge of day trading and then step up to the bigger and more technical issues of this type of trading.

The more you develop your knowledge the more proficiency will follow, and as a consequence you can expect your gains to be higher with experience.

Before we start however here is a video where can watch as a guy by the name of Jason Kelly generates $6082.60 in profits using his AI Trading Software the “Day Trading Robot“.

Their are two major functions when it comes to day trading for the stock market this provides liquidity in the market and keeps the market active. Having up to date information from something such as the Day Trading Robot newsletter helps to make good decisions and hopefully avoids heavy losses.

daytradingrobot

You can become an expert over time by learning the fundamentals of day trading. Anyone who has spent some time around the stock market knows that it can be disastrous or a extremely profitable affair. A successful day trader needs the right tools and knowledge to make the right decision such as some form of day trading software.

However many of us do not have $112,000 in spare cash to purchase a Day Trading Robot so the next best thing to do is get access to a trader who has such as Jason Kelly. Check out Jason Kelly and his Day Trading Robot

Day trading is just like any other venture that you may undertake, you can not expect to make millions of dollars in the first day you need to work at it buy putting in a substantial effort of your own. Do you think that day trading would be the right choice for you? Day trading your risk capital and it is something that most would find it unaffordable to lose.

As a Day trader you will only be holding positions for a few minutes. It takes practice and training to build world wisdom in this market. You need to have the craftiness of an old black bear and the boldness of a tiger to be successful in this type of venture. If it is your desire to try day trading as a profession, you need to have the tools such as a Day Trading Robot that can assist you in making good money, but to survive you will need to avoid losing any funds in the early stages of your business start up.

Try to stay clear of personal emotions when trading the forex market, instead you need to follow the trends of the stock market. One of the better Trading Systems I have seen to limit emotion and maximize profits is the day trading robot. After all the ultimate goal of any day trader is to make a profit in a single day. Be vigilant and make sure you exercise careful risk management if you want to be successful in this entrepreneur business.

You will need to acquire intimate knowledge of the fundamentals of the Forex day trading market before you dive in. So you want to be a day trader are you prepared to spend endless hours glaring at that computer screen to monitor the stock market constantly during the day. Every smart trader requires time sensitive information to be able to make consistent decisions and hopefully the correct ones.

It was no surprise at all to hear that day traders find this to be a very thrilling activity. A triumphant day trader will always have a positive view in their own representation but they will also agree that those elements are not a surefire plan. Most professional day traders will use a strategy such as to sell on a good day and buy on bad days.

Exactly as it states, day trading is the buying and selling of securities in one single day. Day trading the market is an experience that has many risks for the adventurous spirit. In saying this, it is not a venture a person can undertake without first careful consideration.

Don’t be fooled by stories of success Day trading involves a lot of risk on your behalf. You do need to have skills you are not just playing the market with luck?. Amazingly however, a day trader can expect to lose money from nine transactional trades and then cover all his losses and more buy succeeding in the tenth day trade. This is an adrenaline pumping activity that comes with big challenges and even bigger rewards. You just to remember to keep your head at all times and not get to greedy which is why it is said that many will use a day trading robot to keep the emotion and passion out of their business dealings.

Day Trading Forex Futures with Pivot Points

Currency trading is increasing in popularity among individual investors, especially those in the United States. Just a few short years ago, it was relatively difficult and costly to access the spot Forex market. But barriers have been broken down, competition has increased, and costs have fallen. As a result, more and more retail traders are entering the realm of spot Forex trading.

But there's another way to enter the world of currency trading, and it's through the Chicago Mercantile Exchange (CME). The CME first offered Foreign Exchange (FX) futures in 1972. Today, the exchange offers futures on 41 currency pairs, options on 31 futures contracts, and over $60 billion in liquidity. Currency futures trade on the CME's renowned Globex platform, alongside other popular futures contracts such as the e-mini equity indices.

Spot vs. Futures

To be sure, there are a some big differences between the contracts that trade in the spot Forex market and the FX futures. Perhaps the biggest -- and arguably most important -- difference is that spot Forex contracts trade over the counter at no particular central location, while FX futures clear at the CME. The central clearing and guarantee of counterparty credit by the CME are huge benefits of FX futures over spot Forex contracts.

The dealing details differ dramatically between the two instruments. The table below details some of the biggest differences:

Over-the-counter (Spot, Forex) Foreign Exchange Futures

$2+ trillion daily turnover $60 billion in liquidity
Commission free Commissions
Guaranteed stops No guarantees
Fixed pip spread Bid/Ask spread
24 hour trading 23 hour trading
100:1 up to 400:1 leverage 20:1 to 50:1 leverage
Varying quote currencies All rates quoted in dollars
Plain vanilla & Exotic options Plain vanilla options
Mini accounts Mini contracts (limited)
Interest debits & credits Carrying costs
Automatic rollover 3 month expiration cycle

Personal Preference

Whether you trade spot contracts or futures on currencies will depend upon your own risk tolerance, equity, and other needs. I've traded spot, through several different dealers, and the futures for many years. I continue to use both instruments in varying situations, alternating my selection to fit different strategies.

I like to use the spot contracts when executing very short-term strategies, such as a straddle surrounding a high profile economic announcement or central bank meeting. For example, I would use the EUR/USD spot contract to execute a trade during a Federal Reserve announcement or Non-farm payrolls release. Or I would use the USD/JPY spot contract to trade a Bank of Japan meeting. The guaranteed stops that some spot Forex dealers offer are very useful when trading around a volatile announcement like a central bank meeting.

Additionally, I favor the spot contracts when trading cross rates -- the exchange rates that exclude the U.S. dollar; for example: EUR/JPY, GBP/CHF, AUD/NZD, and GBP/HUF. Cross rates can be an excellent tool to take advantage of varying degrees of relative strength in individual currencies. And they are a great way to trade the currency market when the majors are at an equilibrium (read: trading range). You can find tremendous trends in the cross rates, and you can find hundreds of cross rates at many spot Forex dealers. On the other hand, futures on cross rates are comparatively illiquid and limited.

But for the most part, I trade the currency futures. That's because the cost of trading futures is, in most cases, lower than trading spot Forex. I've found futures cost about $20, or less, per round turn, while the spot Forex contracts cost between $30 to $50, and up, per round turn. The lower cost of trading currency futures is why I use the instrument in all of my day trading strategies, including the pivot point methodology.

(But please know that you can apply spot Forex contracts to the methodology that I'm about to show you.)

Pivot Points

Pivot points are a popular tool used by futures traders in all sorts of markets, ranging from equity indices to crude oil. And, sure enough, pivot points are readily applied to trading currency futures.

Pivot points are support and resistance levels derived from the previous period's high, low, and closing values. There are a variety of pivot values with which to trade, including monthly, weekly, and daily values. You could even calculate hourly values. When determining which period to trade with, you've got to consider your time frame as an individual and your particular style. I'll use daily pivot points for the purpose of this article since the focus is day trading.

Daily pivot points give a structure to each new trading day in the currency market. With these values you can use traditional support and resistance techniques to enter and exit trades. But before I get to the strategy, I'll show you how to calculate pivot values.

Pivot Point (PP) = (High + Low + Close) / 3
Resistance 1 (R1) = (2 x Pivot Point) - Low
Support 1 (S1) = (2 x Pivot Point) - High
Resistance 2 (R2) = Pivot Point + (Resistance 1 - Support 1)
Support 2 (S2) = Pivot Point - (Resistance 1 - Support 1)

(Pivot values for several different currency pairs are posted on the TradingMarkets web site every day.)

The pivot values are plotted as horizontal levels which, in turn, serve as support and resistance. The pivot point itself can be thought of as the day's mid-point, or fulcrum. It's where the buyers and sellers meet to determine the day's trend in a currency pair. The support and resistance levels that are plotted around the pivot point are just that: potential support and resistance.

A daily pivot point (in green), S2, S1, R1, and R2 values are plotted on the chart below of the EUR/USD FX future. The chart is a 5-minute interval. Notice how the Euro broke above the pivot point early in the day, and then proceeded to trade up to R1, where it met resistance and gyrated for the rest of the day.


Source: Quote.com

Follow The Intraday Trend

The power of pivot points is unleashed when you follow an unfolding trend during the day, and use the pivot values to measure the magnitude of trend. Additionally, the pivot points can be used to determine entry points into a trade. Applying simple breakout and breakdown entries around pivot points is a powerful way of using the tool.

An example of following the trend of the day as it unfolds, and entering trades on the break of pivot values, is illustrated on the 5-minute chart below of the JPY/USD contract. In this example, the Yen began the day near its pivot value, rolled over from R1, and proceeded to breakdown below the pivot point, S1, and S2. The pair dropped by about 60 ticks, providing ample opportunity for a day trader to make money on each breakdown below support. These types of intraday trends unfold a few times throughout the trading week, and they are relatively easy to exploit by following the futures contract through its pivot values.


Source: Quote.com

A second way of leveraging the power of pivots in the currency futures market is by adding a technical indicator that can pinpoint buy and sell signals. You will still want to use traditional support and resistance techniques around the pivot values. The purpose of adding to the indicator is to help in the timing of an entry into a trade. Above all else, though, you want to trade in the direction of the unfolding trend.

The MACD (12,26,9) is added to the 5-minute Euro chart below. The MACD generates simple buy and sell signals with the crossing of the fast and slow lines. Quite simply, it's time to buy when the fast line crosses above the slow. Conversely, it's time to sell when the fast line crosses below the slow line. Only the buy signals are highlighted on the chart below because the Euro was in an upward trend during the day. The sell signals are ignored due to the upward trend in the contract.

The Euro began the day at 1.2640 and ended near 1.2740 for a move of roughly 100 ticks. That's a lot of potential profit, part of which could have been captured by simply following the trend of the day and taking the buy signals coming from the MACD.


Source: Quote.com

Pivot Point Tips And Tricks

Trading with pivot points is not a big secret. Floor traders and dealing desks have been applying the methodology for decades in the currency market. But what separates the profitable traders from the losers is the simple act of following the trend of the day, cutting losses short, and letting profits run to the next pivot value. In addition, there are a few observations I've made over the years that I can add to the simple truth of following the trend.

The first tip I want to share is that the best trend days usually unfold when the currency begins the trading day near its pivot point. You might have already made this observation in the two above examples of the Euro and Yen. If you didn't, then take a second and jump back to the above charts, and note how the Euro and Yen began the day at or very near their pivot points. There are usually two or three days out of the week during which the majors such as the Euro, Yen, Pound, and Franc begin trading at their daily pivot. These are the days to look for a big trend to unfold.

If the currency that you're trading begins the day far away from the pivot, either below S2 or above R2, then it's probably a day that you want to walk away from. When a currency opens the day at one of the daily pivot extremes, it usually spends the rest of the session gyrating around that level. Avoid trying to trade a reversal of the overnight trend. Occasionally it might occur, but more often than not a big overnight trend will stall out at R2 or S2. The temptation is there to try to squeeze out a small profit, or bet on a reversal of the overnight trend. But the reality is that these are the days that can destroy a trader's equity.

You will find two examples below of strong overnight trends leading to massive gaps at the open of New York trading in the futures market. The first is an example of a gap up in the Euro. The pair opened at R2, where it spent the rest of the session. The second example is of a gap down in the Pound. The contract opened below S2, and spent the rest of the day gyrating in a tight range.


Source: Quote.com


Source: Quote.com

These days are best left to the floor traders. In the long run, you'll be better off not even trying to trade during days when the currency futures stage a substantial gap, either high or lower. You'll be better of by waiting for those days when the currency futures open near their pivot points.

Profit With Pivots

Day trading with pivot points can be applied to the spot Forex market just as they are in the currency futures market. Support and resistance, and the techniques that accompany these price levels, are consistent across all markets. In fact, pivot points have been used across dealing desks for decades in the spot Forex market. To the individual investor, however, it makes more sense to use currency futures when day trading simply because of the lower costs associated with trading futures.

The most important point to remember when applying pivot points to day trading currency futures is to follow the trend of the day, and simply look to enter into an unfolding trend as a pair makes its way through pivot values. Pay special attention to those days when the currency opens at or very near its pivot point. And avoid trading when a contract opens far away from its pivot point, at or beyond S2 and R2 values.

Good luck!

Eric Utley is a full-time trader with over a decade of experience in equities, equity options, futures, and currencies. He specializes in trading currencies, using a combination of quantitative, technical, and fundamental analysis. He is the lead contributor to INVESToolsCT.com, manages a currency trading blog, produces educational programs, and hosts a weekly online seminar.

Record Rise in British Pound comes to an End

From trough to peak (March 10 - August 5), the British Pound appreciated by a whopping 25%, its strongest performance in such a short time period since 1985. The Pound has fallen mightily since then, and most factors point to a continued decline.

On almost every front, the Pound is being buried under a mound of bad news. Its economy is currently one of the weakest in the world, especially compared to other industrialized countries; on a quarterly basis, its economy is contracting at the fastest rate in over 60 years. Forecasts for UK economic growth are commensurately dismal: “Median estimates in Bloomberg economist surveys see the U.S. shrinking 2.6 percent in 2009 and expanding 2.2 percent in 2010, compared with a 4.1 percent contraction followed by 0.9 percent growth in the U.K.”

In addition, the only signs of growth appear to be a direct result of government spending, a notion that is evidenced by the latest retail sales and housing market data, both of which remain at depressed levels. “People are worried that the global recovery is based on unsustainable government spending and numbers like this from the U.K. only encourage those fears,” said one analyst in response.

While government spending, meanwhile, is arguably a valuable tool for stimulating economic growth, analysts worry that it might be reaching the limits of feasibility. “The Office for National Statistics said the budget shortfall was 8 billion pounds ($13.2 billion), the largest for July since records began in 1993.” On an annual basis, the government is planning to issue 220 Billion Pounds in new debt, to fund a budget deficit currently projected at 12.4% of GDP, easily the largest since World War II.

The Bank of England’s prescription for the country’s economic woes are also provoking a backlash. When the Bank announced at its last monetary policy meeting that it would expand its quantitative easing program by 50 Billion Pounds, the markets were aghast. Imagine investor shock, when the minutes from that meeting were released last week, revealing that 3 dissenting governors were agitating for an even bigger outlay! No less than Mervyn King, the head of the bank, “push[ed] to expand the central bank’s bond-purchase program to 200 billion pounds ($329 billion).

Given the dovishness that this implies, combined with an inflation rate that is rapidly approaching 0%, investors have rightfully concluded that the Bank is nowhere near ready to raise interest rates. “The market was expecting the BOE to be one of the first to hike rates. It’s becoming clear that’s unlikely, undermining the pound,” conceded one economist. Interest rate futures reflect an expectation that the Bank will hold rates at least until next spring. LIBOR rates, meanwhile, just touched a record low.

As a result, forecasts and bets on the Pound’s decline now seem to be the rule. “BNP Paribas…predicted another 9.3 percent decline to $1.50 in 12 months…After the Bank of England decision, pound futures and options speculators became more pessimistic as weekly bets favoring sterling fell more than 32 percent, the most since November.” In short, “Sterling is over-priced at current levels.”

Auto Insurance Quotes

Save Money by Comparing Insurance

Auto insurance costs continue to rise, and there are so many options available that you may not know which to choose. By using InsuranceUSA.com, however, to compare rates and find the policy that best suits your needs, the often grueling process of auto insurance shopping can be made simple with a few key strokes. You'll love how InsuranceUSA.com is set up with everything you need to know. This will include quotes for Auto insurance and other important aspects such as state-by-state information.

It is easy to get Auto insurance quotes fast over the Internet. Just fill out the questionnaire online, which only takes minutes, and then we will do the work of searching over 100 of the country's Auto insurance carriers, so you can get the best insurance no matter what you need. After you have received your Auto insurance quotes, you can browse through to find the policy that best suits you. This way, you can also find a quote at an acceptable price.

Start saving immediately when you find Auto insurance at InsuranceUSA.com. Getting a fast quote is easy and lets you compare side-by-side all the important aspects of an Auto insurance policy. Try InsuranceUSA.com today and start saving on Auto insurance. It will be a decision well worth your time.

The Importance of Auto Insurance

Auto insurance is mandatory in every state. This necessary expense, while it may often appear to be a nuisance, can come in handy if you are involved in an accident. With medical costs and law suit judgments soaring, a solid auto insurance plan can offer the best protection of your precious assets.

There are two auto insurance systems mandated by the states: The No-Fault system and the Tort System. The No-Fault system- utilized by most states- requires your insurance carrier to pay your injury claims regardless of who caused the accident (up to a specified limit) if you are in an accident. In contrast, under the Tort System people injured in auto accidents will be forced to seek out-of-pocket medical care, and then sue the at-fault driver's insurance company for reimbursement. They must be able to prove that such medical care was reasonable and medically necessary; under this law, the at-fault party cannot sue for reimbursement of medical costs.

Having Auto insurance not only keeps you covered in case something happens, it also lets you have peace of mind that you are covered. After all, consider the alternative. Do you know what happens if you don't get car insurance? Law enforcement officers will ask you for proof of insurance at the time of traffic stops or accidents. Insurance companies notify the department of motor vehicles of all policy cancellations, non-renewals, and new policies. If this is the case with you, the law enforcement officer will know it and it could cause you huge fines or worse. Failure to maintain proper insurance could lead to the suspension of your vehicle registration and/or driver license. This can be expensive to the vehicle owner. Be sure that you follow your state's auto insurance laws!

Shopping For Auto Insurance Quotes

When looking at Auto insurance quotes, you will want to find the best and most coverage possible. Although most states auto insurance laws do not require a minimum Personal Injury Protection (PIP), for example, there are advantages to having this type of coverage. If you ever have an accident, PIP will pay for you and your passengers' medical expenses. Another type of optional coverage you can consider getting is Uninsured/ Underinsured Motorist Coverage. This coverage will help pay for any injury resulting from an accident caused by an uninsured driver. It's estimated that approximately 14% of American drivers are uninsured, despite the fact that most states have laws against driving uninsured vehicles. A car accident occurs approximately every five seconds in America; it is simply safer to have comprehensive auto insurance on the vehicles you drive.

For your free auto insurance quotes, simply fill out a short form, and we give you multiple free auto insurance quotes from some of the best insurance carriers in the business. Then, we require no further obligation whatever from you. You can compare the offers you receive, and then you can purchase the auto insurance policy that best meets your needs- without having to leave the comfort of your home! If you're looking for a better rate with better coverage, just try our free quote system and find the auto insurance policy that fits you. There is no charge, and it will take only a few minutes of your time.

There are plenty of reasons to insure your vehicle, but what kind of insurance should you get? The first place to start is to become thoroughly acquainted with your vehicle. It is a good idea to know as much about your vehicle as possible, including its general state of repair. Most auto insurance companies will give you discounts if your vehicle is equipped with properly functioning safety features, like safety belts and air bags. Be sure to let your auto insurance agent know about these details when getting your quote. These details can result in differences of hundreds of dollars, depending on the auto insurance company and their familiarity with your vehicle. Be sure to note whether you are entitled to other bonuses. You can get discounts for being a non-smoker, or for taking driver's safety courses. Also try to find a company that has a good, financially stable reputation and one that will process claims quickly.

Getting those free rate quotes is the first step in getting that good rate on your auto insurance. All of the auto insurance carriers you receive quotes from want your business, but it is up to you to decide which one is going to be the best for you and for your budget. With the current economic trends, having auto insurance premiums that are as low as possible is just one more way to save money that might be needed somewhere else in your life.

It is possible to save money, even hundreds of dollars on your auto insurance premiums. Every auto insurance company says this, but they are actually correct! You can save money on your auto insurance, from just a few dollars up to as much as five hundred or sometimes even more. But you can't expect to find that deal unless you look for it. So give us a chance to help us help you find that rate you desire! InsuranceUSA.com is easy to use, and our short form to get free auto insurance quotes online gives you access to free quotes which will give you the information you need to make an educated decision.

Browse around InsuranceUSA.com and see what we have to offer! Save money, get great auto insurance rates, and get the coverage you. We will make it so your auto insurance is one less thing you have to worry about in your daily life.

FX Futures vs. Cash Forex

Forex Regulation

Did you know that although many off-exchange foreign currency futures and options (cash forex) firms imply their customer’s funds are safe in “segregated” accounts, in fact customer funds could be at risk in the event of firm insolvency?




FX Futures vs. Cash Forex

Daniels Trading has a very strong focus on trader education and overall market awareness, especially in regard to currency trading. This emphasis is in keeping with our mission of providing “Excellence Through Execution.” Traders in this day and age are presented with an incredible number of choices of brokerage firms and forex trading vehicles. Ensuring that our customers make informed choices is our responsibility.
FX Futures Q & A

Visit our FX Futures Q & A page to learn about vital questions that all individual traders should ask their forex trading firm.


What is Forex?

The foreign exchange market is the largest and most liquid financial market in the world, representing more than $1.2 trillion worth of transactions each day. Also known as forex or FX, currency trading involves the simultaneous purchase of one currency while selling another currency. Currencies are traded in pairs, such as U.S. dollar/Japanese yen (USD/JPY) or Euro/U.S. dollar (EUR/USD), or via currency indexes, such as the CME$INDEX™.
Read more about the forex market.
Why Trade Forex?
The Forex Markets Are Open Virtually 24 Hours per Day

Individuals looking to profit from market movements can act any time of the day or night during the forex trading week to take advantage of changing market conditions. Chicago Mercantile Exchange® (CME) offers electronic access to its entire range of FX futures, virtually 24 hours per day during the currency trading week. The extended access throughout the day was made possible with the introduction of “side-by-side” electronic trading with floor trading, occurring in CME futures pits.
Benefits of Trading CME FX Futures and Options:

* Open, fair and anonymous currency trading
* Equal access to the same forex markets and prices for all traders
* All exchange fees are public and spreads are consistently tight
* Global access to CME electronic forex markets virtually 24 hours a day
* Access to in excess of $48 billion in liquidity each day
* Guarantee of counterparty credit and central clearing by CME Clearing



Market Integrity

Fair Markets, Open Access & Price Discovery:
CME is regulated by the U.S. Government via the Commodity Futures Trading Commission (CFTC). Integrity and openness are critical components of CME markets. Fair and transparent pricing, open access and the highest ethical standards are important criteria applied in managing CME markets.

Providing the highest integrity in CME markets is an important part of fulfilling a core CME Value, “Customers come first.”
Liquidity

More transparent than OTC forex trading spreads:
CME FX futures markets are supported by automated trading systems supplying continual pricing feeds from global forex market makers. These pricing feeds are real-time, dealable quotes, which allow CME to provide exceptional market liquidity and a dynamic trading venue for a large pool of forex fund managers, interbank spot forex traders, international asset managers, multinational corporations, speculators, day traders and retail investors.

If you trade currencies on the OTC market, you may not really know the spread costs, which are built into the forex rate that you are quoted. Each time a quote is requested from a forex dealer in the OTC market, prices are produced for the interested counterparty alone. As a private deal, quotes are often five pips wide and are shaded to favor the dealer’s position, leading to price slippage. Skewed spreads are costly to the customer and difficult to detect, as the OTC customer often does not have access to the full range of market prices.
Read more about forex liquidity.
Currency Trading History

In 1972, CME® transformed global finance with the launch of the first financial futures contracts via the newly organized International Monetary Market (IMM). Today, CME is the largest market for exchange-traded foreign exchange (FX) futures in the world.

If you currently trade forex in the over-the-counter (OTC) market or on another venue, CME offers many advantages over those markets. At CME, trading transactions take place within an open, fair and anonymous trading environment. Individual traders, banks and hedge funds all have equal access to the same forex markets and prices.

An exchange environment, with its open and transparent market pricing, offers forex traders the opportunity to be involved in the process of price discovery, and provides other key advantages over “private” deals in the OTC market. If you trade OTC forex, it’s time to look at CME FX futures. The innovative, online electronic accessibility, virtually 24 hours per day, combined with low trading costs and the backing of the CME Clearing House make CME a highly cost-effective, transparent and secure place for forex trading.