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Australia Forex Market Hours

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Title : Australia Forex Market Hours
link : Australia Forex Market Hours

2013

One of the most stated facts about Forex trading in Australia is its market hours. It operate 24 hours a day with three sessions forming this market namely the Asian session, US session and European session. In between each session, there is a period of time where two sessions are open at the same time. This occurrence is known as a session overlap. From 3:00 PM to 4:00 AM EDT, the Tokyo session and London session overlap while from 8:00 AM – 12:00 PM EDT, the London session and the New York session overlap. During session overlaps, the markets are very liquid, meaning that there are a lot of trading activities going on at these times. Naturally, these are the best times to trade. While the extent of Australia forex trading hours allows you to place and execute trades at any time of the day or night, anywhere in the world, there are some times where the volume of trades is significantly higher. For example, those hours where the North American and the British markets are still open simultaneously, you’ll find there is a far greater trading volume. The same is true for the Australian and Tokyo market overlap, as well as the Tokyo and British time overlap. This can mean your trades are executed more swiftly and there’s more liquidity in the market. The first hour after one of the major market opens is very important to serious Forex traders. This is because the opening can sometimes indicate early trends emerging within a market. Keep a careful watch on the Australia currency trading hours while you’re trading. You’ll find it much easier to plan when to place your trades for fast liquidity.

So, when you try to determine the best time to trade the forex market this information would prove very useful. Trades have almost always the same relative frequency and until the forex market remains open, the probability of finding a trade whenever you look is almost the same. This is all about volume of trade. It is determined by the number of markets that are open and the number of times each of these markets overlap with each other.

Keeping in mind the forex volume is extremely essential. It is generally seen that the volume of transactions remains high all through the day but when does it peak? The answer is when the Asian markets with Australia and New Zealand, the European markets and the US markets open simultaneously. This is the best time to trade the forex market.

Australian Dollar Climbs On Upbeat Chinese PMI

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Title : Australian Dollar Climbs On Upbeat Chinese PMI
link : Australian Dollar Climbs On Upbeat Chinese PMI

2013

The Aussie advanced 0.3% against the greenback on Thursday, after the release of the Chinese HSBC flash manufacturing PMI rose to a seven-month high, lifted by the higher commodity prices which also supported demand. The Australian dollar advanced 0.24% higher at $0.9648 against the US dollar as of 5:30am GMT, after the aussie reached its highest level since June 3.

The aussie rose 0.20% higher at A$1.4288 against the euro at the same time.

China’s HSBC’s flash Purchasing Managers Index (PMI) came in at a reading of 50.9 in October, advancing from its previous reading of 50.2 in the previous month. An index reading above 50 indicates an expansion in the sector. Meanwhile China’s benchmark money-market rate advanced for a second day, rising to its highest level since July.

Commodity Currency

The Australian dollar edged higher against the greenback on Thursday, driven by the high oil and metal prices lifted commodity-linked currencies. New Zealand’s kiwi rose 0.35% higher at $0.8414 against the US dollar at the time of writing, while the Canadian dollar advanced 0.08% to C$1.0374 at the time of writing.

While the West Texas Intermediate crude climbed 0.63% higher at $97.47 per barrel, while the European benchmark Brent crude oil was seen trading 0.05% higher at $107.87 per barrel at the time of writing. Yellow metal contracts for December edged 0.15% higher to $1,336.10 an ounce on New York’s Comex at the time of writing, while silver futures added 0.52% to $22.735. RBA Deputy Governor Philip Lowe said the he observes signs of improvement in the country’s economy and Australia’s central bank is at a stronger position after the one-off grant from the government. He also commented on the positive developments from China, which are important to Australia.

Australia’s Benchmark Index Jumps To Highest Level.

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Title : Australia’s Benchmark Index Jumps To Highest Level.
link : Australia’s Benchmark Index Jumps To Highest Level.

2013

The Australian S&P/ASX200 index rose 37.3 points higher at 5358.8 points, its highest level since February 2008. “It looks like a good firm opening and that just follows on from the US on Friday night,'' said Ric Spooner, chief market analyst from CMC.

Last week the European and US markets finished the week in a positive territory after the 16-day US government shutdown ended. According to Mr Spooner, the local market is at a inflection stage at which it could either rise in the coming weeks or fall and drop back.

“It will be interesting to see which way the market plays it over the coming days,'' Mr Spooner added. Investors and analysts are focusing on the BHP’s production report and the US jobs data expected to be released later today. BHP Billiton was seen edging 32 cents higher at $36.07 while Fortescue Metals Group jumped 8c to $5.38 and Rio Tinto gained 28 cents to $63.78.

The main four banks also saw gains with Westpac advancing 35 cents to $34.35, ANZ gained 26 cents to $32.12 while the Commonwealth Bank jumped 42 cents to $74.49 and National Australia Bank edged 28 cents higher to $36.26.

Aussie Dollar Reaches Fresh High | Aussie Fx brokers

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Title : Aussie Dollar Reaches Fresh High | Aussie Fx brokers
link : Aussie Dollar Reaches Fresh High | Aussie Fx brokers

2013

The Australian dollar rose, reaching a four-month high, trading at approximately US96.73, driven by the commodity prices. Australia’s biggest exporters have remained sturdy, showing signs of strong Chinese steel industry activity, according to Ray Attrill, the head of currency strategy at National Australia Bank.

Last week, the Reserve Bank of Australia said that it is not in a hurry to cut the interest rate any further. "It's hard to see the RBA cutting rates given improving confidence and house-price

gains. Unless data turns this thesis on its head in coming weeks, November and December are shaping up as on-hold months," Mr Attrill said. Analysts are expecting the third quarter inflation data will be tough to predict whether the central bank will cut its inflation rate further.

According to a survey compiled by the Wall Street Journal, approximately 14 economists are expecting the inflation to increase by 0.8% in the third quarter from the previous quarter and a rise of 1.8% in a year. "Inflationary pressures should remain muted and should reinforce to the RBA board that an easing bias remains appropriate," Sue Trinh commented, currency strategist at RBC Capital Markets in Hong Kong. HSBC Australia’s chief economist, Paul Bloxham said that the record-low interest rate are starting to boost parts of the economy such as the housing sector, business sector and consumer confidence.

"Inflation is expected to be low enough that the RBA could consider cutting rates. But, at the same time, the cash rate is already low, monetary policy is gaining traction in the housing market, and confidence is lifting," Mr Bloxham said. "It is becoming increasingly clear that while the RBA remains concerned about the economic growth transition from mining investment to non-mining investment, the RBA is also somewhat concerned about record low interest rates lifting local Australian house prices to elevated levels," Commonwealth Bank of Australia (CBA) stated in a note to clients.

What is "Forex Market maker" , "Dealing desk vs no dealing desk" ?

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Title : What is "Forex Market maker" , "Dealing desk vs no dealing desk" ?
link : What is "Forex Market maker" , "Dealing desk vs no dealing desk" ?

2013

Market Maker

With the Forex market being the world’s largest financial market, traders can come across a lot of fraudsters that pretend to be a Forex brokerage company. Most of them use the Market Maker method to rip-off traders that are looking for the fastest way. This leads to traders losing their money through trading with unregulated and unreliable brokers. Market Makers are dealers that quote both the bid and ask prices and also create a two-sided market by taking the long and short positions to profit from the spread. It provide traders with high liquidity, however some traders lose their money because of the lack of experience.

The Forex market use to be a financial system used by only banks to trade currencies against each other, which have expanded and grown with the use of technology, such as the internet. Through the internet anyone can start trading with just a small amount of money in their account with a forex brokerage company which is eligible to trade on the Foreign Exchange Market. Banks and big financial corporations use the electronic systems to trade currencies in bulk. Single traders however, would need huge amount of money in their accounts to be able to trade with banks and with financial corporations.

Dealing Desk

When a forex broker act as a Market Maker, the forex broker uses a dealing desk to take the orders and give currency rates to clients that they would trade on. Most currency rates provided to traders are either the same or close to what the banks provide the forex broker. So when you win a trade, you profit from your Forex broker or it can be the other way round when your broker profits from your losses. Dealing desks can also be found in banks and large finance companies to execute trades in securities. A lot of financial institutions have dealing desks around the world.

Some of the advantages of using Market Maker broker includes, the minimum amount required to trade, the bonus you receive with your first deposit and many more. However there are a few disadvantages when you use the small Forex companies, such as the poor customer service, slow server connections, limited trading styles etc.

Non-dealing desk

A non-dealing desk is when a forex broker company automatically offsets positions to liquidity providers such as banks, hedge fund and so on, instead of keeping the orders for itself. As mentioned earlier, forex brokers can make money from your trading losses. The forex broker may want to keep the order for itself if the broker is certain that the price will not go the way you predict or the forex broker can offset orders to the interbank.

Banned Aussie trader hits back at ASIC

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Title : Banned Aussie trader hits back at ASIC
link : Banned Aussie trader hits back at ASIC

2013

After failing to lodge an annual compliance certificate when requested, South Australian director of Gryphon Financial Alexander Dryden was banned by the Australian Securities and Investments Commission (ASIC) for six months. Mr Dryden spoke to The Adviser, saying that he complied with the requests of the financial authority and received his compliance certificate in August.

“Before ASIC came in for the review, I made sure all our compliance and paperwork was up to date," Mr Dryden said. “I told ASIC prior to them coming in that I would hold back my compliance certificate submission until such time that the review was over because I wanted to ensure my processes were compliant. I didn’t want to put in my compliance for the previous year if I had problems.”

“They only picked up one area of concern in my mandate, which I’d been using for many years; I had a clause in there that I could put a caveat on the property. I’ve never ever put a caveat on a property, and the moment they said I couldn’t have that there, I immediately removed it,” he added.

“It was ignorance on my part and I completely accept that. But I’ve done all my training, and during that they said ‘abide by the regulation’, and there is no mention of caveats in the regulation at all – it’s in the act.” According to Mr Dryden, in early 2013 he informed ASIC he was waiting for the outcome of their review before proceeding with lodging his compliance certificate. Mr Dryden said he had to wait for an additional five months after the given deadline to receive any information of his certificate.

“Even though it was removed, never acted on, and it was an honest mistake of mine, I had no recourse. I can understand their position on the caveat because I was naïve, but I’m disappointed that I got a six-month suspension for lack of compliance – that surprised me,” he said.

Broker and CEO of More Group Aaron Upcroft also commented on the incident, saying the case shows the importance of legal advice. “It does appear that ASIC have tried to make a bit of a statement in this case. From a broker's perspective, I definitely feel for the guy, but from a lawyer's perspective, this goes to show how important legal advice is," he said. Just recently ASIC banned a broker for fraudulently compiling a company bank account from liquidators. On October 1st NSW broker David Barrett pleaded guilty and was banned from managing a corporation for five years.

The Australian dollar dropped from its 11-week high

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Title : The Australian dollar dropped from its 11-week high
link : The Australian dollar dropped from its 11-week high

2013

The Australian dollar dropped from its 11-week high on Wednesday, as investors saw profits after the aussie peaked at $0.9319, its strongest value since June 27 as the tensions in Syria eased.

The Aussie dollar was bought 0.27% lower at $0.9278 as of 6:39am GMT, at the same time it eased at 0.10% to $1.4270 against the euro.

Wespac Melbourne Institute carried out a survey on Wednesday, which showed that Consumer sentiment index advanced to its highest level since December 2012, gaining 4.7% in September to an index reading of 110.6 higher in August. The Reserve Bank of Australia (RBA) kept its benchmark cash rate unchanged at its all-time low of 2.50% and did not indicate whether is it likely to lower or raise the interest rate further.

Tony Abbott won the Australian general elections as the next Australian prime minister on September 7, ending the six year rule by the Labour Party and winning 88 seats out of 150. Abbott will face the continuous rise and fall of the overvalued country’s currency, as the Reserve Bank of Australia said it would possibly lower levels, with predictions of $0.88 on a yearly basis.

Easy Forex - Australia Fx brokers

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Title : Easy Forex - Australia Fx brokers
link : Easy Forex - Australia Fx brokers

2013

Since 2003, easy-forex® has been revolutionizing currency trading in over 150 countries.

A pioneer in developing Forex as a consumer product, easy-forex® continues to lead with customized technology and personal service tailored to all levels of traders.

With one easy-forex® account, traders can trade currencies and commodities using their web, desktop or mobile platforms. Personalized FX training programs, Dealing Room specialists, rewarding Introducing Broker programs and innovative Institutional Partner offerings are just some of the reasons why thousands of traders choose us every year.

Key benefits

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Customer suppost 24/7 by Phone, Chat, Email
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Zero commission, Deposit and withdrawal fee

Multiple trading platforms

TradeDesk By Easy Forex
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Regulated by

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Admiral Markets Review - Australian Forex brokers

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Title : Admiral Markets Review - Australian Forex brokers
link : Admiral Markets Review - Australian Forex brokers

2013

Admiral Markets was established in 2001 by forex specialists with an aim to create a FX trading platform for investors. Today Admiral Markets has grown and continues to provide leading and customized services with branches in 15 countries, including Belarus, China, Poland, Croatia, Romania, Estonia and Latvia.

The Online trading site provides clients with educational resources needed to trade Forex online, which includes consistent market trading analysis, news and much more, as well as platforms to trade online. Admiral Markets provide clients with the use of Meta Trader 4 platform, which is the most advanced and widely used platform among the trading platforms available for online Forex trading.

Admiral Markets was set up with a mission to provide its clients with great investments, the access to the global financial market, relevant education, prompt customer support and become a leading trading site worldwide.

To educate clients, Admiral Markets explains how to read initial conditions for trades, gives examples of profitable Forex trading transactions, the currency exchange rates that are relevant to trades, leverage usage and so much more.

Admiral Markets forum is another helpful resource for new investors, where new traders could get tips and advice from experienced investors to help ensure success in the trading market.

Admiral Market provides its clients with outstanding and personalized customer care, providing both online and phone support to guide traders through their online trading experience.

Think Forex Review - Australian Forex brokers

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Title : Think Forex Review - Australian Forex brokers
link : Think Forex Review - Australian Forex brokers

2013

Established in 2010 and served as an offshore broker for two years, ThinkForex is a large forex broker located in New Zealand and licensed by Australia Securities and Investments Commission (ASIC). ThinkForex was established with a goal to offer clients a platform for new and experienced traders and keep its clients updated with constant news, analysis and forex education.

ThinkForex offers its clients a range of trading platforms to select from, including the optional Meta Trader 4 platform to choose from, to allow traders to select that platform that suits their method of trading. Traders can use the downloadable version of the MT4 version as a web-based version or MAM version or for mobile phones.

ThinkForex also offers the SpeedTrader platform which is available in English, Chinese, Japanese and Russian. While the MT4 platform is available in over 20 languages.

Traders can benefit from the outstanding features ThinkForex provides, such as the starters program, the mirror trader and including video tutorials.

ThinkForex offers a highly trained and outstanding support team, which is available 24 hours a day, five days a week via email and phone. ThinkForex have branches in Brazil, Australia, Malaysia, Japan and the United Kingdom.

ThinkForex website is user-friendly and provides clients with all necessary information. Clients can also track down branches and headquarters through the Google Map feature.

ThinkForex offers traders with various methods of deposits and withdrawals. Some which includes Bank Wire deposits or Credit/Debit Card deposits.

Aussie Rises Against Greenback On Upbeat Data

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Title : Aussie Rises Against Greenback On Upbeat Data
link : Aussie Rises Against Greenback On Upbeat Data

2013

The Aussie dollar advanced against the greenback on Monday after the country’s building permits rose in July and China’s manufacturing PMI showed another month of growth.

The Australian dollar advanced 0.74% to $0.8965 as of 5:22am GMT, while it rose 0.77% to $1.4726 against the euro at the same time. Meanwhile, reports from the Australia Bureau of Statistics (ABS) showed that the Australian approvals for construction added 10.8% in July and grew 28.3% compared to last year. In June, the construction approvals declined 6.9%.

Another data released on Monday showed a slight growth in houses prices in Australia by 0.5% in August, picking up from previous month’s loss of 1.6%.

The Reserve Bank of Australia (RBA) cut its lending-rate to 2.5% on August 6, to boost the growth in the non-mining sector of the country’s economy.

Minutes released from the August 6 meeting stated that "a number of indicators were pointing to a further recovery in dwelling investment, consistent with the low level of interest rates," adding that "loan approvals were at their highest level in over three years."

The minutes released from the meeting did not indicate whether the bank would cut its interest rates further but did state a possibility.

China’s positive manufacturing data showed a growth for the first time in four months, as the aussie dollar was driven by the Chinese positive manufacturing PMI data.

On Monday, HSBC’s Purchasing Managers Index final reading showed that the manufacturing sector rose to 50.1, as the world’s second biggest economy grew in the manufacturing sector in line with HSBC’s initial reading.

ASIC warns investors about investing in companies with majority of its operations in emerging markets.

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Title : ASIC warns investors about investing in companies with majority of its operations in emerging markets.
link : ASIC warns investors about investing in companies with majority of its operations in emerging markets.

2013

Watchdog has warned investors to take extra cautions and be careful when investing into any local companies which have majority of its assets in developing countries.

Research taken by the Australian Securities & Investments Commission has shown that approximately one third of Australian companies listed in the stock exchange have most of their assets in emerging markets such as Africa, Eastern Europe, South America and Asia Pacific.

The investigations is also being taken place in Canada after the Chinese company Sino Forest, was out of action after listing on the Toronto stock exchange along with fraud allegations.

The Australian Securities & Investments Commission (ASIC) announced it will put up an investment checklist for investors that are interested in the emerging market issuers.

Aussie Dollar Outlook for 30th July 2013

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Title : Aussie Dollar Outlook for 30th July 2013
link : Aussie Dollar Outlook for 30th July 2013

2013

The Australian dollar was seen in red, trading lower this morning as investors looks towards to the Federal Reserve meeting to be held later this week.

The AUD fell from its solid level of USD0.9300 to USD0.9200 overnight. The Aussie dollar has not been able to keep the local currency stable above USD0.9300 for the past month as investors raise concerns regarding possible rate cuts in Australia, which could slowdown the economic growth in China.

The uncertainty of the cut down of the US $85 billion monthly stimulus program continues to also cause fears from investors. The Governor of Reserve Bank of Australia (RBA) Glenn Stevens is expected to make a speech at the Anika Foundation Luncheon. The Speech is expected to cover the economic policy issues and possible hints on whether the bank would proceed with further rate cuts. The US Dollar advanced against most of its major counterparts, while all focus is on the upcoming two-day Federal Reserve meeting. The Committee of the Federal Open Market is expected to verify when it will begin to cut down the QE stimulus program, which is expected to begin September.

The US is expected to release a couple of reports including the US second quarter GDP, the manufacturing data on Thursday and the non-farm payrolls to be released on Friday.

Selecting a suitable Binary Options Platform - Aussie Forex

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Title : Selecting a suitable Binary Options Platform - Aussie Forex
link : Selecting a suitable Binary Options Platform - Aussie Forex

2013

Selecting a suitable Binary Options Platform

With Binary options trading investors are given the opportunity to make profit in a short period of time. Investors that make use of the binary trading method are predicting if a certain stock or commodity will end up lower or higher than a particular price at a certain time.

Just like any other trading platform, choosing a binary options platform to trade with requires important steps to consider and follow before you select one. Below are some useful steps which could guide you on how to select the suitable binary options trading platform that suits you.

Step 1:

One of the main benefits of trading with a binary option trading platform is the quick profit a trader makes when a trader determines the price of a stock or commodity in advance, which allows the investor to be aware of when they would earn or lose before the option expires. It’s important to choose a platform that offers at least above 50% returns.

Step 2:

It is important to select a platform that offers a return when you trade, even when it comes down to loosing. Some sites offer traders a payback when there is a frustrating outcome. Some Binary options trading platform that offers up to 20% return when it comes to out-of-money results.

Step 3

When it comes down to trading, a diverse option of assets always helps in building up a rich portfolio as a successful trader. It’s important a trader ensures the broker offers a range of asset options.

Step 4:

Traders can keep themselves updated with the news and fluctuations of stocks and commodities in the main market. It’s important to choose a platform that offer additional helpful services such as providing online figure charts, financial news reports and so on to keep you in track of the market movement.

Step 5:

Every trader need to be aware of the platform that has excess charges. It’s important to keep an eye for the brokers that come with additional charges and the brokers that don’t.

Peabody Energy to cut another 170 jobs across Australia

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Title : Peabody Energy to cut another 170 jobs across Australia
link : Peabody Energy to cut another 170 jobs across Australia

2013

US giants Peabody energy Group, has announced it will cut an additional 170 jobs from its operators in Australia. The largest private-owned coal miner, had cut a further 230 jobs in Australia from the company in June. Due to the weak commodity prices and the higher costs, the total losses of jobs from the industry in the past year have surpassed 11,000 jobs.

“Peabody has announced that it is reducing its employee workforce numbers by eliminating 400 positions, approximately 170 employees, from its Australian operations,'' a representative from the company said.

“This difficult decision has been made in response to near-term global economic challenges .The reduction has been made to align the company's workforce size with other cost reduction activities, as part of a comprehensive cost management review to secure the long-term competitiveness of our operations.''

The job cuts would take place in the Peabody’s Australian operations, in the states of Queensland and New South Wales, where they produce coking coal and thermal coal.

Thermal coal prices dropped by more than 30% in the last two year to approximately $80 per tonne, while the coking coal prices fell by 40% in the previous year to $130 per tonne.

Australian shares rises to two-month high

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Title : Australian shares rises to two-month high
link : Australian shares rises to two-month high

2013

Australian shares rises to two-month high

Shares in the Australian market were seen climbing to a two-month high due to the positive gains in the energy and mining sector.

The Australian S&P/ASX200 index was seen closing above 5,000 points, first time since May 23. Meanwhile, In China, the People’s Bank of China (PBoC) announced to loosen rules for bank lending, allowing bank loans to be made at a low bench-mark rate.

Gold miner Newcrest gained 83 cents to $11.95 at the time of writing, while OZ Minerals was seen 36 cents higher to $4.51.

Energy stocks were also seen higher, with Woodside rising with 50 cents to $38.23; Oil search advanced 9 cents to $8.23.

Miner companies BHP climbed 26 cents to $34.12 and Rio Tinto added 32 cents to $56.55.

"Australian equities seemed more buoyant than most across the region today with broad based gains putting the ASX200 back in touch with the 5000 level," CMC Markets senior trader Tim Waterer said.

"Losses on other indices across the region caused our market to relinquish some of the morning gains, though solid showings particularly from the key banking and resource stocks still ensured it was a sprightly start to the week for the local bourse."

Other big movers were David Jones climbing 11 cents $2.57 and QBE gaining 35 cents to $16.50.

Strong Bank performers were Westpac advanced 14cents to $29.40, ANZ climbed 9cents to $28.91 and Commonwealth Bank rose 42 cents to $71.88.

Go Markets review - Australian forex brokers

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Title : Go Markets review - Australian forex brokers
link : Go Markets review - Australian forex brokers

2013

GO Markets Australia is a major provider of online foreign exchange (Forex) trading services, offering margin FX and commodities trading to individuals and institutional clients world-wide. Our multi-bank liquidity feed, fast execution and flexible leverage options set us apart as an industry leader.

Trade on GO Markets’ MetaTrader 4 platform and you’ll experience unsurpassed value through our market-leading Forex spreads, straight through processing (STP) with no dealer intervention, and premium service from our award-winning client services team, recently voted the best in Australia.

GoMarkets Standard Account:

minimum deposit: $500

minimum lot: 1k

maximum leverage: 1:500

GoMarkets Pro Account:

minimum deposit: $3,000

minimum lot: 1k

maximum leverage: 1:500

Spread:

1.8 pips typical spread on EURUSD on Standard account

1.0 pip spread + 0.7 pips commission on Pro account

Dealing:

Straight Through Processor (STP)

Deposit/Withdraw

Bank Wire, Credit card, PayPal, bPay

Trading Platforms:

Metatrader 4, MT4 for iPhone, MT4 for Android, Metatrader 5 (demo mode)

Headquarters:

Level 16, 114 William Street, Melbourne, VIC, 3000.

ASIC Regulated Forex broker , AFSL licence number 254963

ASIC Regulated Forex brokers - Australian Forex brokers

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Title : ASIC Regulated Forex brokers - Australian Forex brokers
link : ASIC Regulated Forex brokers - Australian Forex brokers

2013

Hi Guys, here is list of ASIC regulated Australian Forex brokers. ASIC stands for Australian Securities and Investments Commission. IT will assure your trading is secure and safe.

I will advise to make sure before you start trading with any ASIC regulated Forex broker as some of them just claim to be ASIC regulated but they are not. You can check here if broker is really regulated or just claiming.
Also make sure, its regulated and not registered. ASIC regulated broker will assure you that it follow all the regulations of Government autonomous body to secure money of clients.

IBFX Australia broker review - Australian forex brokers

2013 - Hello, forexnpx, in the article that you're reading entitle 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australian Forex brokers, which we have written, you can understand well, and happy reading.

Title : IBFX Australia broker review - Australian forex brokers
link : IBFX Australia broker review - Australian forex brokers

2013

IBFX Australia is source for online forex trading services. The service provides individual traders, tools, money managers and knowledge on how to trade spot foreign currency online. IBFX Australia can be notable from other industry leaders by its exceptional multi bank liquidity feed, services, forex tools and concentration on customer care. IBX Australia provides traders with a combination of performance and flexibility to fulfill the forex trading experience. The IBFX Australia provider offers traders the access to the brokerage’s own social trading network IBFX connects. The platform features options such as real-time market depth, hundreds of technical indicators and much more.

IBFX Standard Account:

minimum deposit: $1

minimum deal size: 10 000 (0.1 lot)

maximum leverage: 1:400

IBFX Mini Account:

minimum deposit: $1

minimum deal size: 100 (0.001 lot)

maximum leverage: 1:400

IBFX No Swap Account:

minimum deposit: $1

minimum deal size: 100 (0.001 lot)

maximum leverage: 1:400

Swap Free (Islamic)

Spread:

Variable, from 0.1 pip

Deposit/Withdraw

Bank Wire, Credit Card, Check, Neteller, IPS

Trading Platforms:

Metatrader 4

ASIC regulated Forex broker

Synergy FX - Australian broker reviews

2013 - Hello, forexnpx, in the article that you're reading entitle 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australian Forex brokers, which we have written, you can understand well, and happy reading.

Title : Synergy FX - Australian broker reviews
link : Synergy FX - Australian broker reviews

2013

Synergy FX is an Australian provider of online forex trading services to traders using MetaTrader 4 platform, which also provides 30 interbank pricing of 30 currency pairs. Synergy FX is a straight through processing brokers with no dealing desk to individual traders and money mangers. Traders receive pricing from a range of leading banks to keep the spreads firm throughout the trading sessions. Synergy FX is Australian forex broker, licensed and regulated by ASIC.

Client funds held in segregated trust accounts with CBA – Commonwealth Bank of Australia, a AA rated bank. Client funds are kept separate from Synergy’s company funds

Financial services licence

ASIC regulated Forex broker AFSL 403863

Synergy FX Advantages:

Segregated client funds with a AA rated bank
Metatrader 4 broker
Straight Through Processing
No Dealing Desk
Liquidity from upto 20 banks
30 currency pairs, plus gold and silver
Spreads from 0.5 pips
Leverage up to 1:500
Mobile trading
Virtual Private Server (VPS)
Expert advisers (EAs) welcome
Forex Trading signals
MAM/PAMM available for money managers
Min. Volume per position is a micro-lot ($1,000)
Free daily and weekly technical analysis
Forex training videos
Weekly training seminars & webinars

Payment methods:

Bank Transfer, Credit Card and Click & Buy

Pepperstone review - Australian Forex brokers

2013 - Hello, forexnpx, in the article that you're reading entitle 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australian Forex brokers, which we have written, you can understand well, and happy reading.

Title : Pepperstone review - Australian Forex brokers
link : Pepperstone review - Australian Forex brokers

2013

Pepperstone is an online Forex trading broker provider in Australia. It provides traders all over the world with services and Forex trading technology to offer institutional grade spreads ,security through its own and other multiple online trading platforms ,such as Meta Trader 4 , Apps for iPhone , Android and Web trader .

Pepperstone Standard Account

minimum deposit: $200
minimum lot size: 1k (0.01 lot)
maximum leverage: 1:400

Pepperstone Razor Account

minimum deposit: $200
minimum lot size: 1k (0.01 lot)
maximum leverage: 1:400
commision: $3.5

Spread:

Variable, from 0.1 pip

Deposit/Withdraw

Bank Wire, Credit Card, PayPal

Trading Platforms:

Metatrader 4 and 5, Webtrader, Android, iPhone, iPad, Blackberry

Free forex VPS

$50,000 deposit and 1,000 lots monthly volume traded required Windows Server

Regulated by:

Pepperstone Financial Pty Ltd is a corporate authorised representative (No.389931) of CDM Pacific Pty Ltd which holds the Australian Financial Services License AFSL 223682.

Vantage FX - Australian broker review

2013 - Hello, forexnpx, in the article that you're reading entitle 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australian Forex brokers, which we have written, you can understand well, and happy reading.

Title : Vantage FX - Australian broker review
link : Vantage FX - Australian broker review

2013

Vantage FX is an Australian financial service provider that offers outstanding services in online forex trading solutions to forex traders worldwide. The company is an award winning firm that provides traders with the access to a range of trading platforms including the widely known MetaTrader4. The company provides the firmest spreads in the market, from a variety of liquidity providers.

Vantage FX Standard MT4 account:

Minimum deposit: $500 Minimum lot: 1k Maximum leverage: 1:500 Spreads: variable, from 1 pip

Vantage FX Pro Trader account:

Minimum deposit: $2,000
Minimum lot: 1k
Maximum leverage: 1:500
Spreads: variable, from 0.4 pip

Deposit/Withdraw:

Bank wire, Credit card, MoneyBookers, BPay, Click and Buy

Platform

Metatrader - MT4, MT5

ASIC regulated Forex broker

Axitrader - Australian Forex broker review

2013 - Hello, forexnpx, in the article that you're reading entitle 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australian Forex brokers, which we have written, you can understand well, and happy reading.

Title : Axitrader - Australian Forex broker review
link : Axitrader - Australian Forex broker review

2013

AXI Trader is based in Sydney, Australia and is ASIC regulated. The company provides forex traders with a 24-hour service with fast execution, tight spreads and dedicated account manager. The trading platform provides traders access to the latest market data and liquidity from 14 of the world’s largest banks and interests on AUD balances through MetaTrader4.

Headquarters:

Suite 206, 220 Pacific Highway

Crows Nest NSW 2065

Regulated by:

ASIC regulated Forex broker

AxiTrader Standard Account:

minimum deposit: $200

minimum deal size: 1k (micro lot)

maximum leverage 1:400

spread: variable, from 0.6 pips

Dealing:

STP, ECN

Deposit/Withdraw

Bank transfer, Cheque, Credit card, Moneybookers/Skrill

Trading Platform:

Metatrader (MT4), PowerTrader

Forex VPS

MT4 and ECN VPS - free if you trade 100+ lots/month

Australia’s dollar heads for biggest monthly decline - Australian Forex brokers

2013 - Hello, forexnpx, in the article that you're reading entitle 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australian Market updates, which we have written, you can understand well, and happy reading.

Title : Australia’s dollar heads for biggest monthly decline - Australian Forex brokers
link : Australia’s dollar heads for biggest monthly decline - Australian Forex brokers

2013

The Australian dollar faced its biggest fall in over two years and a possibility of China facing a slowdown. The local currency fell 5.2 percent over the past month.

This week, the International Monetary fund decreased its growth predictions for China; one of Australia’s largest trading partners. Last week, Ford Motor Co. announced that it would stop making cars in Australia.

The Australian dollar slid 0.2 percent to 96.47 U.S cents in Sydney. The local currency dropped 0.3 percent to NZ$1.1929and gained 0.1 percent to 96.41 yen.

The gross domestic product in Australia increased by an annualized 2.7% in the three month ended March, making it the slowest in over a year, according to data released by Bloomberg news.

The IMF lowered the growth forecasts for China to 7.75 percent this year and from projections of 8% for 2013. The government said investments in commodities and energy has peaked, which could slowdown the Australian economy.

Economist predicted personal income increased by 0.1 percent in the previous month, compared to the 0.2 percent from March.

Aussie stocks closes at low rate as investors sell-off mining stocks -

2013 - Hello, forexnpx, in the article that you're reading entitle 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australian Market updates, which we have written, you can understand well, and happy reading.

Title : Aussie stocks closes at low rate as investors sell-off mining stocks -
link : Aussie stocks closes at low rate as investors sell-off mining stocks -

2013

The Australian stocks closed at a low rate, while investors sold off their mining stocks due to the weaker commodity prices. According to IG analyst Evan Lucas, major minors had to put up with the fall in the prices of iron ore. "The falls at Rio and BHP have got faster as iron ore continues to slide and there's a bit of a rotation out," Mr Lucas said.

"It's been unfortunately a bit of a disappointing afternoon and we're back to a level that we saw at the start of the morning. “

Developing data from China released over the weekend gave the local market a boost in the early stage of trading.

Although the data and positive local retail figures were not enough to recover the losses.

Rio Tinto was off by $1.38 cents at $53.80, while the Material stocks fell with BHP Billiton down by 76cents to $34.09. The Fortescue Metal Group slipped by nine cents to $3.26.

Commonwealth Bank rose by six cents to $66.92, ANZ climbed 31 cents at $27.85, Westpac increased by 56 cents to $ 29.00 and National Australia Bank was higher by 30 cents to $29.30.

June share price index futures contract was down by 42 points at 4,891 points with 29,019 contracts traded.

AUD/USD: Aussie Dollar remains low: RBA rate

2013 - Hello, forexnpx, in the article that you're reading entitle 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australian Market updates, which we have written, you can understand well, and happy reading.

Title : AUD/USD: Aussie Dollar remains low: RBA rate
link : AUD/USD: Aussie Dollar remains low: RBA rate

2013

The Australian dollar slipped and plunged nearly 1% against the US dollar. Australia and New Zealand’s currencies rose yesterday to the highest rate in a year.

The Australian dollar fell to 0.86%to $0.9684 against the US dollar at 11:10 GMT, which later dropped by %1 to a$1.3517 against the European single currency.

“The RBA continues to reiterate that the bias is still toward a lower cash rate, and they do not seem to be alarmed or disturbed by the decline in the Aussie,” said Roy Teo, a currency strategist at ABN Amro Bank NV in Singapore. “They have always tried to indirectly maneuver a lower exchange rate, so it’s natural” that investors took profit after the recent gain in the Aussie, he added.

The Reserve Bank is looking to boost the non-mining parts of the economy, which have struggled among the elevated currencies. The local currency edged to about $1.03 in the past two years, compared with the previous rate of 73 cents. Last week, the Organization for Economic Cooperation and Development said that a possible slowdown in China is at risk to the economy. Australia’s gross domestic product growth is predicted to face a possible slowdown of 2.6 percent in 2013. At the Tuesday meeting, the Reserve Bank of Australia (RBA) made no changes to its borrowing policies as expected while they left the cash rate at 2.&%% .

"The inflation outlook, as currently assessed, may provide some scope for further easing, should that be required to support demand," RBA Governor Glenn Stevens said at the Tuesday Meeting .

PIPs in Forex Trading: Learn FX trading : Australian Forex brokers

2013 - Hello, forexnpx, in the article that you're reading entitle 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Forex Education, which we have written, you can understand well, and happy reading.

Title : PIPs in Forex Trading: Learn FX trading : Australian Forex brokers
link : PIPs in Forex Trading: Learn FX trading : Australian Forex brokers

2013

The Price Index Point or the Percentage in Point is commonly known as PIP in the forex trading .Most currencies pair’s exchange rates are represented in four decimal currency pairs like this $0.0001. The change in one point in the fourth decimal point is referred to as the PIP.

Calculating the pips – Four Decimal Currency Pairs:

When calculating the pips in forex trading, the pip I the smallest increment in any currency pair. Let’s take the currency pair EUR/USD for instance. The exchange rate is 1.4520 and because of the currency fluctuations let’s make the exchange rate to 1.4521which a difference of 0.0001 .The changed fourth decimal point 1 is called 1 pip for the currency pairs .

Calculating the pips – Two Decimal Currency Pairs:

In some cases you might come across some currency pairs that would only have two decimal point .Fur such currency pairs a change point in the second digit after the decimal point is referred to as a pip.

Let’s take the USD / JPY currency pair for example and the exchange rate is 80.55 .Because of the currency fluctuations the exchange rate changed to 80.56 .The 0.01 difference is referred to as the pip of these currency pairs.

Calculating the pips more easily:

Another easier way to calculate the pips is by multiplying the currency pair that has four digits after decimal point and get the difference.

Currency pairs like USD/JPY or CAD/JPY have just two digits after the decimal point which you would multiply by 100 and take the difference and you will get the number of pips difference When using a Meta trader platform its easy for you to see the number of pips difference on the charts.

Value of Each Pip:

Generally the value of each pip depends on the following.

 Lot Size

 Number of Lots

 Pip Size

PIP Value = Lot Size X Number of Lots X PIP Size

Example – EURUSD

We could use 1 standard Lot with a leverage of 1:100 to calculate the pip value for EUR/USD

PIP Value = 100,000[Lot Size for 1:100 leverage] X 1[Number of Lots] X 0.0001[PIP Size] = 10 Dollars

So for one standard lot with a leverage of 1:100, if you get 1 pip profit means you get a profit of $10.

Lets calculate the pip value for EURUSD for 1 Standard Lot with a leverage of 1:400. For 1:400 leverage the lot size will be 400,000.

So the PIP value is

PIP Value = 400,000[Lot Size for 1:400 leverage] X 1[Number of Lots] X 0.0001[PIP Size] = 40 Dollars

Example – EURGBP:

Let’s use 1 standard lot with a leverage to calculate for this pair.

PIP Value = 100,000[Lot Size for 1:100 leverage] X 1[Number of Lots] X 0.0001[PIP Size] = 10 British Pounds.

But this has to be converted into dollars. The current exchange rate could be 1.5430. So this will be 10 X 1.5430 = $15.34. So for this currency pair each pip will be $15.34.

For mini lots with leverage of 1:100 the lot size will be 10,000 and you can calculate the pip value as above.

Australian Dollar and Economy - An overview

2013 - Hello, forexnpx, in the article that you're reading entitle 2013, we have provided the article with the best for being read and we hope you will get the good information. And I hope the content of the post Artikel Australian Market updates, which we have written, you can understand well, and happy reading.

Title : Australian Dollar and Economy - An overview
link : Australian Dollar and Economy - An overview

2013

An Overview to the Australian Dollar and the Economy Behind It When looking at Australia, you’ll see that it’s not a massive country. However, its currency is one of the most traded ones in the Foreign exchange market. Even more surprising is that the Australian dollar is only in its 20th year of being a flowing currency. Why is the Australia currency so popular among traders, you ask? Well, that’s because their country’s geography and economy are certainly competitive in the global market. Resources

Australia is well known for its coveted national treasures, such as gold, diamonds, nickel, gas and coal. And because Australia is conveniently situated close to some of the biggest consumers of these natural resources, this country has become a top trading partner for major Asian economies like Japan, China and Korea.

Currency and Interest Rate

The Australian dollar is controlled by The Reserve Bank of Australia. In contrast to the U.S. system, the Australian monetary system requires no minimum reserves of its banks. Australia also has some of the highest interest rates in the world. Historically, from 1990 until 2012, the interest rate in the country averaged 5.5% reaching an all time high of 17.5% in January of 1990 and a record low of 3.0% in April of 2009.

Gross Domestic Product (GDP)

Australia has the 13th largest economy in the world and places a heavy emphasis on its commodities. Mining accounts for over %5 of the country's GDP and farming accounts for over %12 of the country GDP. While there had been some growth in the 1980s, Australia doesn’t have a stellar manufacturing sector. It also has a significant account deficit and the Aussie dollar is oftentimes volatile.

Much of the Aussie dollar is tied to Asia, and the commodity cycle. For example, the demand in China and India for natural resources have elevated the Aussie dollar, only to have it fall later as commodity demand goes down. Higher commodity prices create pressures to avoid a recession.

Australia is often a part of carry trades that combine with the Japanese Yen. The regions often overlap due to the fact that Japanese interest rates are low and Australia's rates are high. Australia's region is attractive to traders due to its stable government and dedication to business. India and China are large importers of Australian goods, and the country is also a top importer of machinery and consumer goods in Asia.

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Key benefits

Multiple trading platforms

Regulated by

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GoMarkets Standard Account:

GoMarkets Pro Account:

Spread:

Dealing:

Deposit/Withdraw

Trading Platforms:

Headquarters:

ASIC Regulated Forex broker , AFSL licence number 254963

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IBFX Standard Account:

IBFX Mini Account:

IBFX No Swap Account:

Spread: