Sunday, July 15, 2007

Anyone giving rebates on forex trades? -

I m interested in starting forex trading. I ve heard some traders get $ rebates on trades. Anyone got experience of this? http://www.forex-rewards.com gives $4 rebates with FXCM, forex.com, NorthFinance and 1-World forex. I ve been with them for two months and got my first payment today. Nice bonus aside from trading. http://www.forexcashback.com offers up to $10 rebates per lot at FXCM or CMS Report Abuse Hi, You could go in 2 ways: 1. Trade with broker that offers spreads from 3 pips and be rebated with some amount that is much less than 1 pip. 2. Second and more confident way is that you could trade with broker, who has tighter spreads. Note that if you trade 1 lot 1pip is equal to USD10 for EURUSD, GBP10 for EURGBP and accordingly to other pairs; if 10 lots it would be USD100; GBP100 and etc. I could introduce you to one of forex broker leaders that is located in SWITZERLAND. They have very tight spreads. Total 25 currency pairs, Gold and Silver. SPREADS: 2 pips for EURUSD, USDJPY, AUDUSD, EURGBP, EURCHF; 3 pips for GBPUSD, USDCHF, USDCAD, EURJPY; 4 pips for CADJPY, CHFJPY; 5 pips for NZDUSD, AUDJPY; 6 pips for EURAUD, GBPCHF, NZDJPY; 7 pips for EURCAD, GBPJPY; 8 pips for GBPCAD, GBPAUD, AUDCHF, CADCHF, NZDCHF; 10 pips for AUDCAD, AUDNZD. LEVERAGE 1:200 default but client could chose the leverage from 1:1 to 1:200 at the account opening procedure. MARGINS. The margin or leverage a client can have depends on the client s account equity. The table below shows margin requirements for the different equity levels: Less than 25,000 - 0.5% 25,000 to 1,000,000 - 1% 1,000,000 to 5,000,000 - 2% 5,000,000 to 10,000,000 - 3% Above 10,000,000 - 5% Please note that on weekends and holidays margin requirements remains the same. SWAPS are counted as negative as positive. Also is available SWAP-FREE accounts. STOP and LIMIT orders may be placed as close as 5 pips from market price TRADING TERMINAL Meta Trader 4. Clients can choose to have their accounts denominated in either USD, EUR, GBP, JPY, CHF, AUD or CAD. Initial account opening deposit from US$2000. From first view it probably looks high comparing with other brokers who allow mini accounts and minimum initial deposit from USD250 but it is more useful and safer because clients are more protected from quick stop out and total loss of the initial deposit in the case if unfortunately it would be several unlucky trades in rage. This is regular forex trading account however it is allowed trading in mini lots (from 0.1 lot). If you are interesting I could introduce you to them please e-mail or PM me (press on my name) and I provide you with further information. Furthermore I could provide you for FREE with more than 50 trading e-books and trading systems that worth more than several thousand dollars and are very useful as for beginners as for experienced traders. Good luck!

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