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In terms of its licensing and regulations, easy-forex is obliged to ask you about your experience of financial products. Please take a moment to give us some information below. The process is very simple and obvious,no expert knowledge of an industry is needed, that is the beauty of FOREX, thousands can be made whether you are decided to learn and experience!
Forex fraud is a growing problem. It can be found everywhere from boiler room scam artist's, to some guy you met at the coffee shop the other day, even past trusted brokers and executives have been involved in forex scams. The most common victims are the one's who think it will never happen to them. Though there is no guaranteed way to avoid forex fraud, it is possible to trade, minimize the chance of becoming a victim of a forex scam, and prosper in the forex market providing you remain diligent and alert in every decision you make. Don't let your hard earned dollars become an easy profit for some forex scam artist, make sure any person you choose to do business with is duly regulated in the country they operate from.
I have heard many 'traders' say never to trade the news and especially the FOMC. Although the FOMC interest decision is a news event and can fall under the category of through fundamental analysis I am a technician and I believe that charts always price everything in. However I guarantee the market does not know what exactly the Feds comments and decision will be, therefore it is not priced in yet and this will cause the markets to react when they do find out. This is confirmed by the change in price after the decision and the continuation in the days following.
A foreign exchange or forex software system can give you the capacity to get all the information you need on the current market prices as well as participate in trading activities in a fast and easy manner. Brokers will typically keep your client data on two separate servers located in different sites to provide security and data redundancy. This is an added precaution to avoid any loss of data and service in the event of system failure which may happen due to unforeseen circumstances such as power loss. Brokers also back up your information on a steady basis to make sure no data is lost.
