MetaTrader Australia » Metatrader Broker

IBFX 10% Deposit Match is extended for November

MetaTrader Global — Tue, 26 Oct 2010 01:11:53 +0000

10% Deposit Match

New and existing Interbank FX clients can earn a 10% deposit match on deposits over $2,000 by November 30, 2010. Trading requirements apply.

Free IBFX Demo Account
Open a Live IBFX Account

This promotion is available to all existing and new clients
Any customer with deposits over $2,000 by November 30, 2010 will be automatically enrolled into the promotion.
Client must have an open live trading account – click here to open a live trading account online
Transfers between Interbank FX trade accounts do not qualify.
Clients must trade the minimum lot requirements.
Promotion ends November 30, 2010
Other terms & conditions apply
For more details please go to http://www.ibfx.com/Promo/TenPercentPromo.aspx

Free IBFX Demo Account
Open a Live IBFX Account

Source: www.ibfx.com

Get MYFX Console Free with AxiTrader

admin — Wed, 29 Sep 2010 23:14:55 +0000

TAKE ADVANTAGE OF THIS SPECIAL OFFER
BEFORE IT ENDS, 30th SEPTEMBER 2010

What is MYFX?

MYFX is a platform that attaches to MetaTrader 4 and gives you full trade controls that professional traders use.

If you are going to trade, then get the best platform to assist you. You can literally set-up your whole trading plan with MYFX, and then let it execute all of the open trades, set take profits at multiple levels, set your stop loss and take profit on the one order ticket (rather than having to modify the order after), close all trades with one click and so much more!

HOW DO I GET THE MYFX CONSOLE FOR FREE?

To take advantage of AxiTrader and our greatest promotion to date, you can follow the link below and open and fund a live trading account with $2000 or more. The MYFX console retails for USD$250 so take advantage and start trading right away!

FREE TRIAL VERSION

For a FREE trial version of the software, CLICK HERE and enter the code “AxiTrader” to receive a free 10 day trial of the MYFX Console.

Trade with confidence, trade with MYFX.

To contact MYFX visit their website
www.myfx.com.au

IBFX 10% Deposit Match is back

MetaTrader Global — Wed, 29 Sep 2010 03:42:55 +0000

The 10% Deposit Match is back!

New and existing Interbank FX clients can earn a 10% deposit match on deposits over $2,000 by October 18, 2010.

Trading requirements apply

Here is a brief description of the promotion:

10% Deposit Match

This promotion is available to all existing and new clients
Any customer with deposits over $2,000 by October 18, 2010 will be automatically enrolled into the promotion
Transfers between Interbank FX trade accounts do not qualify
Clients must trade the minimum lot requirements
Promotion ends October 18, 2010
Other terms & conditions apply

For more details please go to http://www.ibfx.com/Promo/TenPercentPromo.aspx

Free IBFX Demo Account
Open a Live IBFX Account

MetaTrader on your iPhone

MetaTrader Global — Tue, 24 Aug 2010 10:07:51 +0000

Convenient – Use your iPhone to stay up to date with current market conditions and news – anywhere with a cell signal with Forex On The Go.

Flexible – Place and close orders, monitor live trades, set stop-loss and take-profit and more with any MT4 broker.

Dynamic – Real-time tick chart can provide up to the second pricing directly from your MT4 broker.

Find out more at http://forexonthego.com

Absolutely free with new broker signup.

Works with any MT4 account

Subscription fee required only for non-associated brokers.

Save password feature.

Live tick data feed in the orders window.

Trade all currencies offered by your broker.

Spread calculated and easy to read.

Place instant and pending orders.

Place the following pending orders:

Buy Limit Orders

Sell Limit Orders

Buy Stop Orders

Sell Stop Orders

View your current account details.

View all current live orders in near real-time.

Click any order and see more detailed information.

Modify live or pending orders.

View detailed order information.

Quickly close, or modify a live order.

Quickly modify or delete any pending order.

Profit and other details updated in near real-time.

Place stop-loss or take-profit while viewing a live tick feed.

Quick-tap level buttons allow you to place stop-loss or take-profit with ease.

View all closed trades from your account.

Sort by date, profit, or custom time frames.

View detailed past order information.

Quickly view market quotes for a wide range of currency pairs.

See the change per day and change per week.

No login or signup necessary.

Full screen zoomable charting now available on the Lite (free) version.

Lite version now includes instant refresh button.

Charting, Pricing and Tools free to all users, no signup necessary.

Quickly choose between a wide variety of currency pairs.

Integrated Forex Factory news calendar keeps you up to date with economic news events.

Quickly calculate Fibonacci levels.

Quickly calculate Pivot Point levels.

GO Markets wins another award

admin — Tue, 17 Aug 2010 22:59:07 +0000

GO Markets wins best Forex Broker in Oceania with the IBtimes traders choice awards. – http://www.ibtimesfx.com/ Sign up for a free Go Markets account here Related posts: FXDD Wins 6 Traders Choice Awards Alpari (UK) Wins Best FX Broker Award at Shares Awards 2011 Go Markets Price Feed Enhancement – MetaTrader Broker FREE GoMarkets MetaTrader4 [...] Related posts:

MetaTrader Tips – Time Zone Correction

admin — Mon, 10 May 2010 23:29:10 +0000

At times traders may need to perform a time synchronization task when expert advisor is working. Prohibition or permission for orders opening in certain time spans during 24 hours, cancellation of suspended orders after certain time, prohibition against work of the expert advisor on holidays, trade permission only at news-time etc. may be required.

Time in MetaTrader 4 client is read from the server and depends on the brokers configuration. Normally, time on the brokers server is set to their local time. MetaTrader 4 has on means for determination or automatic adjustment of the time zone. There is a possibility at our disposal to know the server time and local time of the computer on which the MetaTrader 4 client is working. Accordingly, if we use such dimensions as hours, minutes or even specific dates then we have to provide correspondence between local time and time on the server. This task is owned by the trader, while the programmer considering the above limitations can provide only the means for configuration.

With respect to zero meridian, time can have a shift of -12 to +12 hours. I.e. within 24 hours. however, two dates fall within this span. These are the current date (from 0 to +12) and previous date (from -12 to 0).

Let’s take a look at an example.

Expert advisor has to work only during the session at NYSE. NYSE is opened at 9:30 AM and closed at 4:00 PM as per Eastern Time. If the time will be converted to Greenwich Mean Time, then we will have GMT-5. We have to configure the expert advisor to work during this time. If we are located at the GMT-0 zone, then for correct synchronization we have to know our location with respect to zero meridian as well. E.g., our time zone is GMT+1. Thus, time difference makes up 6 hours. As the reference point is time on the side of the Metatrader 4 terminal, then the relative time shift will be -6 hours.

Let’s move on to specific figures and computations. Local time on trader’s computer is 2:00 PM. We find the time in New York by shifting the current time 6 hours back. We get 8:00 AM. It is too early for the expert advisor to operate; the stock exchange is not opened yet. The exchange will open when the local time will be equal to 3:30 PM.

Let’s summarize. If the expert advisor has the TimeShift configuration, then the task of the trader is to know the difference between the local time and the time of event for which the expert advisor has to be configured. If local time precedes the required event, then the shift will have the “+” sign, and if local time follows the event, then the shift will have the “-“ sign.

by Alexey Koshevoy, AirBionicFX founder and CEO

Retail forex trading grows by 16% in 2009, Hedge Fund volumes decline

admin — Tue, 04 May 2010 23:10:09 +0000

Global currency trading volume declined 6 percent to just under $100 trillion last year, after setting records in 2007 and 2008, as hedge funds placed fewer trades than in previous years, Greenwich Associates said.

Trading by fund managers fell 23 percent in 2009, leading the declines among the 1,497 corporate and institutional customers surveyed by Greenwich Associates in North America, Europe and Asia, according to the Stamford, Connecticut-based financial-market research company. The drop was partially offset by trading at retail platforms, which grew 16 percent, and by corporations, which rose 10 percent.

“Hedge funds have been a major driver of FX growth for the last several years and when their volume slows down, and it did a lot, the market as a whole feels it,” said Peter D’Amario, a Greenwich Associates consultant in Stamford. “You haven’t seen the opportunities that are generating a need to trade. Reduced volatility has reduced opportunity.”

Foreign-exchange trading volumes dropped as market stability returned in 2009, following the unprecedented volatility of 2008, as financial system turmoil spurred an increase in activity among companies and large financial institutions.

Foreign-exchange volatility, a measure of risk implied by option prices, reached a 19-month low in April, a JP Morgan Chase & Co. index showed, after trading the highest level since at least 1992 in 2008. Options traders expected on April 15 that currencies of the Group of Seven industrialized nations would fluctuate by an annualized 10.47 percent in three months, the lowest since September 2008. It reached as high as 26.55 percent on Oct. 24, 2008.

Source: Bloomberg by Ben Levisohn

Go Markets Price Feed Enhancement – MetaTrader Broker

admin — Tue, 09 Mar 2010 03:32:43 +0000

Go Markets News: As part of our continued plans to augment and further develop all systems, Go Markets is pleased to announce more enhancements to its Forex price feed. Working in conjunction with our various feed providers we have been able to arrange for improvements which should mean even more favourable pricing, especially during times of increased volatility and lower liquidity.

Sign up for a Free GoMarkets MetaTrader Demo account Today
Open a Live GoMarkets MetaTrader account

About Go Markets

Go Markets Pty Ltd is an Australian registered company offering a wide range of financial products to an extensive client base both here in Australia and overseas. Go Markets is an ASIC registered company (AFSL licence number 254963) that is regulated to offer financial services including Securities, Derivatives (including CFDs) and Margin FX.

To be able to offer a high level of service as standard to all of our clients we have entered into partnerships with various financial institutions that specialise in the global securities and derivatives industry.

Interbank FX Margin Calls Explained: What Sets IBFX Apart

admin — Mon, 08 Feb 2010 06:54:21 +0000

IBFX Forex margin calls are significantly different than margin calls in other markets. We do not call our clients to warn them their equity has fallen to dangerously low levels. The leveraged nature of Forex trading does not allow time for a traditional margin call.

Accounts trading with 100:1 margin levels are subject to a margin call when the equity in the account is equal to or lower than 50% of the margin posted. Once this unfortunate situation occurs the Interbank FX trader 4 platform closes trades automatically. Trades are closed in order beginning with the largest loss trades are closed until the equity in the account exceeds the 50% threshold.

IBFX ‘s margin call policy is in place for the protection of our clients. Margin calls are made with the intent of preventing a client’s account from falling into a negative balance situation. Our margin call policy does not eliminate the potential risk that losses will exceed the amount of the deposit. Margin calls are merely our attempt to prevent such unfortunate situations.

The leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses.

Free IBFX Demo Account
Open a Live IBFX Account

Trading in the off-exchange retail foreign currency market is one of the riskiest forms of investment available.

MetaTrader Tips – Trade Context is Busy Message

admin — Mon, 08 Feb 2010 06:45:45 +0000

You receive the “Trade context is busy” message when you try to process two or more orders at the same time. If you have placed a trade and do not wait until it processes completely and then try to place the same trade or a different trade, the commands go into a loop and you get “Trade context is busy”. The only solution is to close down the platform and restart it.