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"The trend is your friend" - perhaps the best known trading adage of all time, it is meant to remind traders to always identify the prevailing trend, and never to trade against it, but rather wait for retracements and then enter trades in the direction of the trend.


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Recommanded Broker for Beginner Trader

 

Marketiva

  • Registered Business Name:     Marketiva Corporation
  • Broker Headquarters:     British Virgin Islands
  • Regulated By:     FSC (? 646819)
  • In business since year:     2003
  • Client Account Segregation:     Yes, bank unknown
  • Collect Taxes on Earnings:     No
  • Prohibit clients from:     USA
  • Swap-free accounts     Yes - no extra fees
  • Tradeable Instruments: AUD/CAD, AUD/JPY, AUD/USD, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/USD, GBP/CHF, GBP/JPY, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY
  • Typical spread on EUR/USD:     2 pips (0.0002)
  • Deposit/Withdrawal methods:

    Method Deposit Fee Withdrawal Fee
    e-Dinar $0 $7 (Once only)
    Liberty Reserve $0 $7 (Once only)
    WebMoney $0 $7 (Once only)
    Wire Transfer $0 $14

    Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
    Standard Account 100:1* $1/unlimited 1/300,000

 

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