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Forex News
Jun 28 2007, 05:00 - 0 Comments
The pound soared higher to $2 hike by a stronger pricing figure in the houses across the country this morning.
Jun 28 2007, 03:00 - 0 Comments
“The development in FX brokerage market are aimed so that there is a self-regulating guidance restricting the not needed competition, to educate the professionals, and be active in the exchange of information’s,” the committee said.
Jun 27 2007, 14:00 - 0 Comments
Gold has steadily weakened to its lowest price since mid-March because of several factors such as physical buying lent, technical selling, and slight stronger US dollar.
Jun 27 2007, 10:00 - 0 Comments
The report that was released last Tuesday showed that this month’s consumer confidence in US had fall down since August, due to the decline of present situation and expectations component.
Jun 27 2007, 06:00 - 0 Comments
The crude stocks in US will rise as expected by the analysts polled in the Thomson Financial news last week because of the low refinery utilization rates; created a bottleneck in the process of the gasoline production.
Jun 27 2007, 04:00 - 0 Comments
The main interest rate in the Slovakian central bank remained unchanged at 4.25% for the 2nd month as expected by the market.
Jun 26 2007, 11:00 - 0 Comments
The price in the corporate service of Japan rise to their fastest pace for almost 15 years last May, this was drive by a strong increase in prices of transportation.
Jun 26 2007, 07:00 - 0 Comments
The strike threat has already been outweighed by the lighter Chinese, in Asia the copper already eases as high stockpiles.
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Broker
of the Month

UFXBank provide up-to-date charts and news feeds, coupled with an easily navigated trading platform. UFXBank traders can access the biggest market in the world 24 hours a day with ease. By keeping their platform, site and deposit process simple, safe and secure, UFXBank have become the web’s premier online forex trader.
    

Promotion
of the Month

UFXBank provide up-to-date charts and news feeds, coupled with an easily navigated trading platform. UFXBank traders can access the biggest market in the world 24 hours a day with ease. By keeping their platform, site and deposit process simple, safe and secure, UFXBank have become the web’s premier online forex trader.


    
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Interview
with Matthew Sheppard
Senior Forex
Advisor at XForex


1. What is your name and position?
Hello, my name is Matthew Sheppard and I am a senior forex advisor at XForex.

2. What is your experience and professional background?
In the last 6 years I had filled several positions in financial institutions such as a stock broker, a foreign exchange desk manager, a financial consultant and in my recent role I serve as a senior Forex advisor for XForex which is an online forex company.

3. What type of clients you deal with?
We deal with clients on all levels from the beginning stages to the more advanced trading levels.

4. Does most of your business activity come from the online or offline world?
Because of our high presence on the web, most of our business comes from the online world.

5. Why should a trader pick XForex from all forex brokers?
Aside from all the benefits that XForex offer like commission-free trading, 24/7 online support, high leverage (200:1), XForex offers educational and learning trading experience that you won’t find anywhere else..
Our team of experts and financial trainers provide personal assistance and guide clients to financial success. We provide daily analysis and market reviews to our clients giving them a better understanding of the market and helping them trade profitably.

6. From your experience, what advice would you give a person who wants to enter the forex world?
My advice to the beginning trader entering the Forex world is as follows:
• Learn the market and understand what you’re getting into.
• Research and find the broker that suits your needs and wants. Look for a good offering but more importantly customer service, don’t go for the low rates offer without being certain they have a good customer service department. From my extensive experience in the Forex world your key to success will be your client-broker relationship. I can honestly say that at XForex they put an emphasis on servicing clients, which is so important.
• Invest smartly and calculate your risks
• Always know when to get out of a trade

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