Showing posts with label trading. Show all posts
Showing posts with label trading. Show all posts

Friday, July 25, 2008

SigmaForex LTD Registrations And Regulations





SigmaForex LTD is leading European professional online trading Brokers registered in the United Kingdom and most of the EU countries.

What is meaning by registered?

means that there is a company called SigmaForex LTD inside united kingdom & registered by United Kingdom Law & follow the governmental rules.

SigmaForex LTD registered & follows the governmental rules in United Kingdom and anyone can check that by visiting this official website: http://wck2.companieshouse.gov.uk/ this is a UK governmental website.

http://wck2.companieshouse.gov.uk/d8846c7fe805874be7c646b1ed4f10ce/companysearch?disp=1&frfsh=1216759237#result this is the full link where you can find SigmaForex LTD with the registration number.

SigmaForex LTD Regulations:

SigmaForex LTD working now to be regulated with FSA (United Kingdom Financial Service Authority) but now SigmaForex LTD is complying with FSA and many financial authorities like NFA, CFTC, FSC and others.

Why SigmaForex LTD not working in the regulation of NFA?

Most of Traders ask this question and it's a common question for any broker. Here's the answer; NFA (National Future Association) regulate the Financial Companies that based in United State and have Future Trading. SigmaForex LTD not inside United State and doesn't has Future Trading. But NFA rules are compatible with the rules that SigmaForex is following and you can check with your self.

Complying: Means that this company follows the rules 100% and meet their regulatory obligations efficiently.

Dear Trader, you must be involved and know the difference between FSA and NFA. Many Forex Brokers inside united State not regulated by NFA because they don't work with Future Trading but they are complying with them & follow the same rules as the Forex broker that regulated with NFA.

Forex Broker Regulation - Part One

The Bank of EnglandWhat good is forex broker that you can trade and make money with, but when it comes time to take your money, they don't give it to you, because they don’t have it?

Forex Broker Bust Story. Refco was the biggest forex broker that was worth around $4 billion dollars. In October of 2005, Refco shut down its operations and every trader who had money with them got screwed big time.

Refco was regulated and for some time they were spending not only their profits but also deposits of their clients.
The amounts of money that traders saw on their trading platforms and the amounts of money Refco had in their bank accounts were different by $400 million.

So when the news hit the wire that Refco is running at such deficit, traders panicked and started asking for withdrawals. The only problem was that Refco was $400 million short of what it owed to traders.

There was a trial of course, and whatever assets the company had the court ordered to distribute among traders. I knew some people that had money with Refco. As far as I remember, after all assets were sold they got around 10% of what was owed to them. That means if person had $10,000 in his trading account, he got only $1,000 of it.

Forex Broker Regulation - Part Two

Difference Between Regulated And Complying

The Most Common Question that traders ask brokers is:
Seal of the United States Commodity Futures Tr...

"Are You Regulated by NFA?"
"Are You Regulated by FSA?"
"Are You Regulated by CFTC?"
"Are You Regulated by SEC?"
"Are You Regulated by SIPC?"
"Are You Regulated by FINRA?"
"Are You Regulated by Mr.X?" :)

No, Don't Ask this question because there are many fictions regulations. Don't Be The Fish!
The Right Action to take is to compare between the rules and restrictions of the regulatory associations and the rules that the broker follow.

Complying With FSA means that this broker working in the regulation process and follow all the rules that the regulatory body has.

Regulated By FSA means that this broker already regulated by FSA & may Follow the rules.

Why?
NFA, FSA, CFTC, SIPC, SEC, .....etc all of these associations are private sectors in the origin. The Main Aim is to Collect as much brokers as they can to increase from their popularity beside the governmental associations
Do You Know that FSA, NFA or others charge Millions Of Dollars to authorize the regulation of brokers. All these money are distributed as following;
1- Part For The Tax Authority
2- Part For The Private Sector
3- Part For Governmental Sector
Some Brokers Play with these rules after paying all of these parts and it's time for scamming.

Don't Take Your Decision After The 1st Impression
Test The Services
Test The Trust
Test The Security
Test The Attitude
Test The Credibility
Test The History
Test The Quality
Test The Speed
Compare With Others
The Take Your Decision!

Forex Broker Regulation - Part Three

FSA's headquarters, 25 The North Collonade, Ca...

The difference Between NFA (National Future Association) And FSA (Financial Services Authority)

NFA [National Future Association]:
To Be Able To Register in NFA you must have the following:
  1. You Brokerage Firm Based in United State
  2. Working in Futures
These two rules are basically must be there to be able to regulate with NFA

FSA [Financial Services Authority]:
To be able to register with The FSA your brokerage firm must be exist & based in United Kingdom

Question: I have a brokerage Firm in United Kingdom. Can I register with NFA?
Answer: No You Can't. But If you have branches in USA you can do it

Question:
I have a brokerage Firm in USA. Can I register with FSA?
Answer: No You Can't

Monday, July 21, 2008

SigmaForex Trading Orders


Day traders have to be focused on price movements within a short frame of time, and that calls for making the right decisions pertaining to entry and exit from the market. You have very little time to reconcile your thoughts, and that calls for using advanced software. Before you use software to chart your thoughts, you need to be aware of the basics of advanced forex trading concepts.Ever heard of the word ” leading indicators”?
Most likely you may not have heard of it. As the name suggests, lead indicators are designed to indicate lead price movements. Most of the lead indicators that we know today are based on price movements over a previous period. For example stochastic oscillator is one such lead indicator. Agreed this is quite a bombastic word. But it is a word that you will run into in many a technical analysis. Supposing you hear of a 20-day stochastic oscillator what does it mean? It simply means that here is a stochastic indicator that would use the past twenty days of price action for calculation purposes. This is not the time to learn what a stochastic indicator is, but it would suffice for the moment if you are aware of this word. All that you need to know now is that it is a leading indicator.

SigmaForex Investments



Forex investing is a sublime form of investment opportunity with an inherent associated element of high risk. To succeed, you may need to use computer programs for calculating and analyzing market conditions. Even then you would need to know, some advanced investing practices especially if you were intending to be a day-trader.The first thing to do is to study different techniques in forex trading, and see which one suits you the best. Read as many forex books as possible before venturing into actual trading. Even then, start with a small amount of money and get a feel of the market before committing yourself to bigger investments. The cardinal principle in either case is that, the money you invest in the beginning is something you could well afford to loose without worrying too much about. Remember, forex trading is not a get rich scheme. The more mistakes you make in your initial trading days, the more likely you will emerge stronger. Learning from your mistakes is a great way to learn forex trading, simply because it precludes the possibility of you making the same mistakes again. Therefore, the key point to remember is that, the money you invest in your initial trading days should be money you could well afford to loose.
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SigmaForex Trading Concepts


Advanced forex investing concepts is generally meant for the day trader. And day trading is something you should avoid in your early days in forex trading. Then you might ask, why learn of advanced forex trading concepts when you are still trying to grasp the basics of forex trading? That is because, it is better to train your mind at the outset itself on what are the intricacies of forex trading, whether it be day trading or long-term trading. So if you know a few of the basics on advanced forex trading concepts, you would be better positioned to decide on what suits you the best—that is day trading, position trading or trading over a longer time frame.


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SigmaForex Trading Time

Day trading essentially means that you enter the market at the beginning of the day and exit it the same day, or in some instances the next day, in which case you pay a roll over fee to the broker. In the process you either make a profit or loss. It sounds simple, but in effect it is a lot more difficult in reality. In essence you have very little time frame to book a profit and that could happen only if you have made your judgment clearly. Now what are these advanced forex trading concepts that could help you in day trading? It is nothing but some vital technical analysis point of view pertaining to forex trading. Before telling you what advanced forex trading concepts is all about, it is worthwhile remembering that, while technical analysis has more to do with day trading, fundamental analysis is helpful to the long-term trader. Ideally you should use a combination of both types of analysis at any point of time in forex trading. But it is just that you use more of technical analysis in day trading. Of course we will learn more of fundamental analysis and technical analysis later on in the articles Fundamental Analysis in Forex Trading and Technical analysis in Forex trading.
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