FXTradeCity News Signal Services

News Trading Signal Services
Started July 2018

About the Signal Service  

I have been trading the news (fundamental/economic events) for more than 4 years with significant success. So far so good I can say its one of the most lucrative methods of trading the Forex although it appears to be the riskiest due to exposure to very high unpredictable volatility. 

As part of our desire to complement the provision of resourceful information, guides and mentoring in News Trading, which we have been doing all these years, we decided to provide a means of creating access for traders to copy our trades directly from our account through the MQL's Signal Service Program.

See how we have performed so far in our news trades - News Trade Results | Statistics on MT4i.com

Important Facts to Note (Risk Warning)

There are some important facts you must note about our news trading signal service before subscribing.

1. The account used for this service is a demo account. The account is subject to change as per the life cycle of demo accounts or may not be changed. However this will not affect the signal service as subscribers will be informed when the need arise.
• Also in regard to this, slippages and others may differ with real accounts though very minimal and will be favourable to real accounts.  
2. We trade the news and the risks can be very high due to unpredictability of the impact during economic news event. Therefore you may experience undesired (negative) effect on your account. However, we apply ideal money management and protective mechanisms to avoid exposure to such occurence.
3. We do not "guarantee" all round 100% success in this signal service and we do not promise that there will be no downturns at some point. Use this service at your own risks.
4. We trade the following:
• High Impact Economic News
• Selected Medium Impact Economic News
• Key Press Conference and Speeches
• Few technical methods using only Support & Resistance
5. We trade high volume orders due to the size of our account. Therefore low capital accounts may not be recommended although the MQL's signal service has great features to balance orders between high to low account sizes. 
6. We may not trade every economic event if we cannot meet up with the event schedule due to the difference in timezone and any other issues that may warrant us not to be available at such time.
7. You are free to modify the trades (i.e change/adjust SL, TP, e.t.c). 
8. We recommend using a VPS service to fully optimize our signal service in order not to miss out from any trade (optional). We recommend NextPointHost VPS & TradingFX VPS. 
9. Our News Trading Signal Service is FREE but terms and conditions apply before access is granted to subscribers.
• NB: Fees may apply in the future if the need arise to cater for administrative purposes.  


10. Terms & Conditions to Subscribe to the Signal Service
• Open a HotForex Account through our IB (Partner) link with HotForex for new account holders.
  NAIRA Account - HotForex Naira Account Opening
  USD Account - HotForex USD Account Opening
• Send your HotForex Account ID to us for confirmation. 
• After successful confirmation, access to our News Signal Service will be provided to you via email.
• For existing HotForex Account holders, kindly send an email requesting your account to be transferred under IB No: 308884 (for Naira Account Only) or IB No: 38774 (for USD Account Only). See sample mail below:
  Send the email to partners@hotforex.com and copy support@hotforex.com
• Kindly let us know when the process is completed or get in touch with us after sending the email so we can follow up.
• For other Brokers please get in touch with us so we can come up with a solution on that.

Kindly ensure you have read the points above carefully before proceeding further.

For further clarifications, and inquiries feel free to get in touch with us here - Submit an Inquiry

News Trading Results

 

 

News Trading Results will be back shortly. Please stay tuned.

In News Trading Your Broker Matters A Lot. We Recommend HotForex Zero Spread Account (specially designed for news trading and scalping). Give it a try. Click here for more info....HotForex Zero Spread Account 

Don't Miss Any News Trading Event, Signals, or EA. Trade 24/7 With A Reliable VPS

Copyright: Image ID-100122522 courtesy of Renjith Krishnan / FreeDigitalPhotos.net

Why you Should Choose Forex Trading over Equities

There are several advantages to trading Forex over Equities. These advantages help make Forex trading the most popular form of trading in the world. This article will look at some of these benefits.

24-hour Market

Firstly, the Forex market is a 24-hour market. It opens at 5pm EST on Sunday and remains open and trading until 4pm EST on Friday. This means that the Forex market offers greater flexibility for access. Therefore, it doesn’t matter what time you have available to trade, you will be able to find markets open and trading opportunities. For example, if you want to trade the Australian dollar versus the US dollar, AUS/USD, you could do so at any time of day or night during the week.

Equities on the other hand can only be traded the hours that the exchange is open. So, if you want to trade a particular stock, but the exchange where it is listed is closed, you will have to wait until the exchange opens to trade it. This may not be so convenient.

Opportunities in Global Markets
The 24-hour nature of the Forex markets and its global coverage means that there are plenty of trading opportunities. Forex can be influenced by political factors, economic factors and news flow from across the globe. The truly international nature of Forex trading means there is always an opportunity to trade. Most heavily traded market in the world.

Liquid Market
The Forex market is the most heavily traded market in the world, eclipsing even the likes of the New York Stock exchange. What does this mean for traders? This means that the Forex markets can be extremely liquid. The Euro versus the US dollar, EUR/USD, which is the most heavily traded currency pair in the world, is also considered the most liquid. A liquid market means there are few, if any issues trading quickly, frequently and / or in a large size. The trade would still be expected to go through. High liquidity in Forex markets also means that the spread (the difference between the buy and the sell price) can be very tight. This means that Forex trading can be cheap in comparison to equity markets, where spreads could be larger due to their less liquid nature.

How can I trade Forex?
You can trade Forex with Vantage FX. Vantage FX is an Australian based broker, which specializes in Forex, index and Commodity trading. It is AISC licensed and regulated and offers a wide selection of currency pairs, including major and minor pairs, with extremely competitive spreads and margins. 

News Trading Result - Comprehensive Performance Stats

MAM and PAMM Account Broker Comparison Chart

Trading the Forex requires great skills and indepth knowledge of the financial market. Unfortunately the statistics or ratio of successful traders to unsuccessful traders seems to be very high on the negative side. In order to bridge this gap, and also provide investment means for financial institutions and individuals, Brokers & experts came up with a concept that enables investors (traders) put together funds, which are managed (traded) by professional traders, and then the profits/loss is shared by a ratio formula. This is where PAMM Accounts or Managed Funds came in. Go straight to comparison chart

See: MAM & PAMM Account - 5 Reasons Why Its The Most Preferred Investment Option in Forex Trading

This arrangement gives the Manager access to a large pool of funds and gives less experienced clients a way to earn money on Forex and related markets without having to do the trading themselves. As a compensation for the successful trading the Manager receives a share of the profits earned by the Investor. 

Most brokers offer this service with different features and conditions. We have taken an indepth research to clearly display these features comparatively to enable investors take the best decision.

MAM & PAMM Account Comparison Chart

Broker	*Min Deposit	**No of Fund Managers	Protection	Client Type	Charges/Fees	Multi Selection	Currency Base
HotForex PAMM isit website for more details	$300	553	Investors decide the maximum acceptable level of loss that can be lost from their Investment account. Once that level is reached, all open trades are closed out of the control of the fund manager. PAMM Managers are required to invest their funds into the account in order to ensure shared risk and responsibility.	Individual Corporate Joint	Success Fee (varies) Penalty Fee (varies) 0 charges for deposits & withdrawal even at the daily rollover	Investors can select multiple fund managers	USD
MTrading MACI MACM MAMM visit website for more details	Flexible	-	System restricts managers to only perform trades within investors deposits not allowing withdrawing investors funds.	Individual	Profit Fee (varies) Volume Fee (varies) Commission 0.0020%*	Investors can open several accounts & connect them to several fund managers.	USD

Image (Business & Finance Related Word Cloud Background) courtesy of Sujin Jetkasettakorn / FreeDigitalPhotos.net

MAM & PAMM Account - 5 Reasons Why It's The Most Preferred Investment Option For Forex Trading

A lot of investors (traders) needlessly shouldn't have wrecked their accounts if only they knew a better option of Forex Trading. Forex PAMM account provides the best medium for investors (traders) who do not have the requisite knowledge to trade Forex. This articles presents 5 reasons why PAMM account is the most preferable investment option in Forex Trading.

See Top 10 HotForex PAMM Managed Account Performance

A good thing about Forex Trading is the variety of investment options and instruments, an investor (trader) can invest in. Some of the major instruments are precious metals, commodities (CFDs), stocks, and of course currencies. In each of these instruments there are various options or ways an investor (trader) can invest and make profits from them. One of the options is PAMM Account.

Not all traders are experts, and not all experts are traders. Most often we see investors trying seriously hard to break even in Forex. While many get frustrated in endless search for the perfect robots and trading systems, others end up in the whirlpool of consistent failures. It might be surprising that quiet a few number of investors (traders) are aware of the PAMM option of Forex Trading, which is unknowingly one of the easiest ways and maybe safest way of investing in Forex. Probably why many traders ignore this option is because of a wrong notion and misunderstanding of how the PAMM concept works.

What is a PAMM Account

A PAMM otherwise known as a percent allocation management module is a special application that allows investors (traders) to invest their funds into a pool of funds being managed by a trader (money manager) who has been given a limited power of attorney to trade with the funds. A profit/loss or dividend ratio formular is applied to the pool of funds for the investors (traders) depending on the size of the deposit each investor brings into the managed account. It is very important to note that in most cases the trader who manages the account also has his/her fund in the pool of funds. This reduces the risks of recklessness or irresponsibility on the part of the trader since his/her funds is also at stake.

Over 500 plus PAMM Strategies (Fund Managers) Available

Virtually all Brokers have a PAMM account option as part of their investment options for investors. See our comparison table for Broker PAMM accounts.

Before we see reasons why it's a preferable option for investors (traders) let's see how it works.

For example lets say the following investors (traders) who are not too good at Forex trading decides to invest their funds into an account being managed by a trader who makes over 50% profit monthly.

John invests the sum of $250,000.00, Shane invests the sum of $50,000.00, Adams invests the sum of €55,000 and Chinedu invests the sum of £100,000.00. Due to the varied sums of deposits the ratio (profit/loss) is allocated according to size: John 22.5%, Shane 18.2%, Adams 20.3% & Chinedu 25.5%, while the remaining percentage (13.50%) goes to the trader managing the account. The sum total of the ratios must add up to 100%. In order to get a balanced ratio calculation, all deposits are converted to USD equivalent at the prevailing market rate.

If the money manager makes a profit of $120,000.00 then the percentage ratio (profit/loss) is applied in order to allocate the profits to each investor. John therefore gets $27,000.00, Shane gets $21,840.00, Adams get $24,360.00, Chinedu gets $30,600.00 while the money manager gets $16,200.00

Whatever amount of volume order placed by the manager of the account, the PAMM module automatically uses the percentage (ratio) to allocate the profit and loss on each investor's portfolio holding funds in the managed account. A commission fee is given to the money manager before the profits will be divided to the respective investors in line with the ratio (sharing) formula.

5 Reasons Why PAMM Account Is Most Preferred

1. Little or Zero Involvement
   One of the great benefits of PAMM account is that the investor (trader) does not need to do anything other than invest the fund and make withdrawals. The money manager takes care of the trading activities. This is beneficial for traders who have little knowledge in Forex but wants to invest in it.


2. Ability to Select From a Pool of Top Winning Traders
   Most Brokers do publish a table of ranked money managers where investors can easily choose which money manager to invest their funds with. Some Brokers like HotForex allow selection of multiple fund managers.


3. Flexibility of Withdrawals & Minimum Deposits
   An investor is not tied to durational contracts, although it makes sense to allow a full calendar month for easy operational purpose on the side of the fund manager. The benefit here is that you are free to pull out as you desire but after all necessary fees have been paid. Deposits are also becoming minimal and friendlier. See our Broker PAMM comparison chart.


4. Controlled Risk & Security
   Investors are allowed to set risk levels (i.e. the acceptable level of loss that can be lost from your investment account). Also some Brokers like HotForex require fund managers to include their funds in the pool of funds being managed by them in order to ensure responsibility and security of investors funds. In addition to this, the fund manager is restricted from withdrawing funds from the managed account. In reality he/she has no access to the funds in the managed account.


5. Real Time Reporting
   You can get real-time reports of the performance of your account depending on the features of your Broker you may be able to get alerts on phone and emails.

The above are the major reasons why the PAMM account is preferred as one of the best investment options in Forex Trading. Unfortunately only a few knows about this. Now you know please share with others. See our recommended Broker Comparison Chart on PAMM accounts.

We appreciate your comments.

Image Invest Magnifier Definition Shows Put Money In Real State Or Inv… courtesy of [Stuart Miles] / FreeDigitalPhotos.net

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