NEW YORK
22:57
LONDON
02:57
PARIS
03:57
FRANKFURT
03:57
HONG KONG
09:57
TOKYO
11:57
SYDNEY
13:57
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Forex News
Dec 10 2009, 10:20 - 0 Comments
The spread amongst U.S.
Nov 03 2009, 04:49 - 0 Comments
In Asia, Equity Markets were down while in London and in the U.S markets finished the day slightly ahead.
Nov 02 2009, 09:29 - 0 Comments
Japanese yen and the US dollar were the strongest of the majors on a day when US stock indices pushed more than 2.5 percent.
Nov 02 2009, 09:29 - 2 Comments
The British pound was generally strong compared to the majors; although the currency’s more distinguished action was in its drop in opposition to the US dollar and Japanese yen.
Oct 27 2009, 10:41 - 0 Comments
Switzerland’s UBS Consumption Indicator might widen losses in September following the 5 years of consecutive hitting of low in the prior month as unemployment went up to 3.9 percent.
Oct 27 2009, 10:41 - 0 Comments
As said by the National Australia Bank (NAB), Australian Business Confidence rose to the peak in 15 years in the 3rd quarter, with measures of trading circumstances productivity, and orders all going higher.
Oct 22 2009, 11:45 - 0 Comments
The US Dollar included 0.2 percent in overnight trading as stocks dropped following frank Rochdale Securities LLC analyst Robert Bove reduced Wells Fargo Bank, the biggest US home lender, after the firm issued what seemed to be a key of 3rd-quarter earnings numbers, stating the result was shaky and warning that “loan losses seem to be speeding up.
Oct 22 2009, 11:28 - 0 Comments
Oil prices have toned down a bit and are now re-testing the stage on the weakness.
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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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