Fx forex.
It is hard enough to produce a solid track record and to generate consistent profits as an FX trader, so why make it harder on yourself?
It’s my opinion that, for a long time, FX industry regulations were grossly inadequate, as the regulators seemed unprepared to protect its most vulnerable segment, the retail trader. When a novice trader opens a retail brokerage account, most, but not all, are unaware that their broker is on the other side of the trade and therefore 100% against them.
Crypto mining impact.
Posted by Raphael Ribeaucourt on Jun 2, 2021 11:08:45 AM.
While crypto is starting to be a regular subject of discussion even amongst non crypto believers, the increased demand and interest in cryptocurrencies requires more computer power to verify transactions on the blockchain. Therefore an increasing need in crypto mining farms. But what is Crypto Mining and what challenges are in front of us ?
How does card payments/payment gateways works?
Posted by Shobin Mathew Simon on May 11, 2021 11:15:20 AM.
A Payment Processor is a company that acts as a kind of mediator between the bank and the merchant, in a transaction. The payment ecosystem is complex with different terms and processes to get used to. Today I’m going to discuss various terms used in the online payments and a simple guide to the entire payment process.
Would FX Brokerage Be Able To Replicate Coinbase’s IPO Success?
Posted by Richard Perona on May 3, 2021 10:53:46 AM.
Coinbase Background.
Coinbase Global, Inc., known as Coinbase, is an American company that offers a cryptocurrency exchange platform and operates remotely - the first company of its kind without an official, physical headquarters. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam from a $150K start up incubator.
As of March 2021, Coinbase was the largest cryptocurrency exchange in the United States by trading volume and has almost 43 million verified users. (almost 4 times that of Robinhood).
The challenges of 100% uptime solution.
Posted by Anya Aratovskaya on Jan 8, 2022 2:43:21 PM.
The year of 2022 announced the era when DDoS attacks exceeded 1 terabyte on an individual attack basis. The definition of a “DDoS” (Distributed Denial-of Service) attack is “a malicious attempt to disrupt normal traffic of a targeted server, service or network by overwhelming the target with a flood of internet traffic”. The most famous instance was the attack on GitHub that caused downtime of 15-20 minutes [1] . Two days later, NETSCOUT Arbor confirmed a 1.7 Tbps DDoS attack but this one managed to fly under the radar as there were no reported service disruptions.
Switching to Trading FX via a FIX API.
Posted by Anya Aratovskaya on May 16, 2022 8:36:31 AM.
FIX API has been a trending phrase amongst Forex professionals for the past decade. The technology has proven to be the fastest and one of the most secure ways to trade in FX. A FIX API is an application programming interface (API) that uses FIX protocol. It connects FX Liquidity makers with takers. In our case, FX FIX API is a way to connect directly with a particular Liquidity Provider or aggregator.
Why Does Liquidity Differ Between “Prime of Prime’s”?
Posted by Richard Perona on Apr 24, 2022 8:33:02 AM.
Recently at an FX conference, a developing fund manager and I crossed paths. After a few polite introductions, I quickly realized that, based on his audited returns, the new fund manager was proficient in trading the FX market. The detailed description of the fund’s fundamental and technical trading strategies was welcoming to hear. After a few routine questions from the prospective client, the topic promptly turned to spreads and liquidity (my favorite). The fund manager was comparing pricing between FX brokers and asked why spreads are so contrasting amidst all of the firms in question.
Does Your Liquidity Provider Really Cover Your Liability with Negative Balance Protection under ESMA?
Posted by Shobin Mathew Simon on Mar 14, 2022 8:50:19 AM.
The European Securities and Markets Authority (ESMA) has implemented a range of measures intended to protect retail clients who are trading leveraged products, such as CFD’s. The product intervention measures mandated by ESMA, under Article 40 of the Markets in Financial Instruments Regulation ( MiFID II ) include:
Maximum leverage limits on the opening of a position by a retail client ranging from 30:1 down to 2:1. A margin closeout rule on a “per account” basis (at 50% of minimum required margin). Negative balance protection on a “per account” basis. A restriction on the incentives offered to trade CFDs. A standardised risk warning, including the percentage of losses on a CFD provider’s retail investor book. Prohibition on the marketing, distribution or sale of binary options.
2022: Short Cuts make Long Delays.
Posted by Raphael Ribeaucourt on Feb 27, 2022 8:40:31 AM.
2022 was a challenging year for retail FX brokerages with many of them being sold over the counter and others struggling to implement the new rules mandated by regulators.
What we can say is that 2022 was first and foremost a year of new regulation. Legal teams have been working hard to structure businesses differently and/or adapt to the new rules. Quiet contrary to the goals of the regulators’ goals, offshore is once more becoming the broker’s common strategy, especially to continue to offer high leverage to retail clients.
What to Expect When Moving from Retail to Wholesale (Institutional) FX.
Posted by Richard Perona on Apr 22, 2022 12:12:00 PM.
I thought it would be useful to compile a short list of the main differences found when trading OTC (over-the-counter) FX with an STP (Straight Through Processing / No Dealing Desk) “Prime of Prime” and a Retail brokerage.
The differences can be categorized as follows:
- Vetting / Onboarding - Netting vs Hedging - Deposits - Execution.
5 Ways To Hack FX Advertising in China.
Posted by Yuhan Mo on Nov 8, 2022 7:07:39 AM.
From social media strategy to content creation, what are the steps to take to reach the 1.4 billion-people Chinese market?
Penguin Intelligence, a research agency subsidy of Tencent, recently reported that as of Q4 2022, there were 889 million active users monthly. People are spending, on average, 66 minutes each day on WeChat with 57.22% of new WeChat contacts added for work-related matters and 6.04% service providers. Over 80% of users used WeChat group for work-related purposes with WeChat group becoming an important venue for business communications. These statistics clearly indicate that WeChat is the potentially the most powerful platform through which to reach new leads and clients for your business.
What is the Best MAM System for MT4 / MT5?
Posted by Anya Aratovskaya on Sep 26, 2022 8:50:43 AM.
MAM is an acronym for Multi Account Manager, a plugin originally designed for the Meta Trader 4 Platform to allow the proportional (or any set) profit and loss distribution from Fund Manager (or Master) to Investors (or Sub Accounts).
The Master Account serves as the primary (and the only real) trading account, and sub accounts receive the results of the actions performed on the Master Account (only proportional COPIES of the original trades).
Are You Fully Prepared to Start Your Own FX Brokerage?
Posted by Anya Aratovskaya on Mar 7, 2022 8:21:02 AM.
Yesterday, I got an email from one of my old contacts thanking me for persuading him not to go into the retail FX brokerage business last year. The email was sent from the corporate domain of his new business venture, one that is apparently doing well with only a 30% involvement with the FX industry.
His experience has inspired me to write a short article that can serve as a wake-up call to anyone contemplating starting their own FX Brokerage .
How Do STP Brokerages Make Money?
Posted by Yuhan Mo on Feb 1, 2022 6:14:38 AM.
There are several ways that an STP brokerage can make a profit. The broker may either charge their clients a commission ($X per $million), apply a markup to the price feed, or perhaps a combination of both.
In MT4 , the commission charged to the client is typically set in deposit currency per lot ( In this article, we will be using US Dollars as deposit currency for an easy and clear explanation). An STP brokerage can also choose to charge their clients a markup, which will be added into spread that their retail clients see. Markup is normally defined as points added per lot. Markup is usually invisible to your clients and tends to be more flexible as you have the ability to adjust the markup according to market conditions.
FX Glossary: The Ultimate Dictionary of Forex Terms You Should Know.
Posted by Advanced Markets Team on Jan 16, 2022 10:49:00 AM.
There are many Forex terms a FX Professional have to know to do a great job and to be successful. In order to help Brokers and Traders to get to know the basics of the FX industry, the Advanced Markets Team created this glossary. Discover the Advanced Markets FX dictionary here and feel free to contact us if you want us to add further terms!
Trading via FIX API.
Posted by Anya Aratovskaya on Nov 23, 2022 5:21:00 PM.
FIX (Financial Information Exchange) API (application programming interface) is a highly scalable electronic communication protocol to facilitate the real-time exchange of information related to financial markets. It has become the de facto standard method of pre-trade, trade and post-trade communication. Market participants including banks, hedge funds, prime brokers and “prime of primes” utilize FIX for their own trading needs or to connect directly to clients.
To give you an indication as to how popular FIX is: the FIX Trader Community has around 110 000 registered members and 275 corporate members (including Goldman Sachs, Barclays, Morgan Stanley and so on).
How to Safeguard Your Forex Funds Against Brokerage Bankruptcy.
Posted by Richard Perona on May 5, 2022 9:52:00 AM.
On January 15, 2022, the SNB (Swiss National Bank) caused a massive upheaval in the FX industry when they manipulated the exchange rate of the franc and unpegged their currency against the euro. This action threw the markets into complete panic, ultimately producing capitulation with the CHF pairs and creating catastrophic losses throughout the industry. Market participants were affected across the entire spectrum, all the way from the top tiered global banks down to individual investors. The large banks and market makers were able to absorb the losses (or major gains if B Book), but the smaller, more vulnerable, participants could not. Some brokerages were forced to close their doors due to negative balances as a result of the losses sustained from their client’s positions. A multitude of firms such as Alpari UK, Boston Prime, Excel Markets and Liquid Markets became insolvent, just to name a few.