Currency Trading

The Forex (foreign exchange) market has been the most exciting, fast-paced global decentralized market for currency trading. Buying, selling and exchanging currencies at current or determined prices comes under this aspect of market. Forex trading in the currency market had been the domain of large financial institutions, corporations, hedge funds, central banks and extremely wealthy individuals. The emergence of internet has brought revolution to the currency trading; it has made possible for all types of investors (high and average investors) to buy and sell currencies sitting at home and clicking a mouse through online brokerage accounts. Most of the currency pairs moves less than one cent per day, representing a less than 1% change in the value of the currency i.e. fluctuations of daily currencies are usually very tiny. Which makes forex one of the least volatile financial markets around the world. In today’s competitive world Foreign exchange has been the best opportunity for investors. It’s very simple that, to be successful trader must understand the basics behind the movement of currencies.

More info: https://5starsforex.com/

No Fees on Bank Wire Transfer

5Stars Forex pay all fees on deposits and withdrawals through Bank wire transfer. We refund all the fees charged on wire transfers over $500 to your trading account.

Minimum deposit needed to cover fees is $500. The entire bonus which is equal to the amount of your fee will be immediately added to your equity. There are no terms for this, you can withdraw all the amount you have on your account. No end of date and no limitation on depositing fund on this promotion i.e. fee charged on you will be returned to your account over and over again on your deposit.

Also we provide free wire transfer fee coverage for withdrawal. Minimum withdraw you need to do is $500. Traders must trade minimum 10 standard lots and all transaction fees will be covered by 5Stars Forex twice a month.

Islamic Account

Islamic trading account permit clients of Islamic region to trade on swap free accounts with no any extra charge or fee.

Clients of Islamic region can open and close positions at any time with 5stars forex platform without being constrained to holding them for a defined period.

Our ‘No Riba’ policy enables eligible clients to keep their trading positions opened for an unlimited amount of time without having to suffer any charges or penalties from any kind whatsoever.

There’s no doubt that currency trading is one of the most difficult dilemmas in Islamic jurisprudence (Faqih). On the one hand, it requires the simultaneous exchange of currencies, which makes it a kind of hand to hand exchange. On the other hand, contemporary scholars consider the record of money transferred to or from a bank account as delivery. To resolve the issue, several decisions and fatwas have been issued.

Link: https://www.5starsforex.com/accounts/islamic-account.php

Currency Trading

The Forex (foreign exchange) market has been the most exciting, fast-paced global decentralized market for currency trading. Buying, selling and exchanging currencies at current or determined prices comes under this aspect of market. Forex trading in the currency market had been the domain of large financial institutions, corporations, hedge funds, central banks and extremely wealthy individuals. The emergence of internet has brought revolution to the currency trading; it has made possible for all types of investors (high and average investors) to buy and sell currencies sitting at home and clicking a mouse through online brokerage accounts. Most of the currency pairs moves less than one cent per day, representing a less than 1% change in the value of the currency i.e. fluctuations of daily currencies are usually very tiny. Which makes forex one of the least volatile financial markets around the world. In today’s competitive world Foreign exchange has been the best opportunity for investors. It’s very simple that, to be successful trader must understand the basics behind the movement of currencies.

More info: https://www.5starsforex.com

Forex demo contest monthly - 5Sstars forex

5Stars Forex present a grand contest for the traders on demo account. Our contest guarantee impressive prize fund, very simple conditions for participating, quick registration and constant competitive spirit. Get participate in the grand contest, prove your trading skills and get rewarded with our big prizes.
» The contest starts on 1st of every month to the end of the month and result will be published on 15th of every month on our website and Facebook page.
» Register now.
» Registration for this contest constitutes your agreement to the following terms and you will not be eligible for the prizes unless you agree to these rules.
» Top 10 contestants will receive cash prize that will be paid to winner Life Account and the Winner have to trade 1 Standard Lot for each $10 of the Total Prize.
» Contestant with highest equity gain will win the prize at last

Prizes: Total prize fund is 4450 USD
1st place contestant will be awarded with $1500
2nd place contestant will be awarded with $1000
3rd place contestant will be awarded with $800
4th place contestant will be awarded with $500
5th place contestant will be awarded with $250
6th – 8th place contestant will be awarded with $100
9th and 10th place contestant will be awarded with $50

Terms and conditions: https://5starsforex.com/promotions/demo-contest.php

Forex Trading Hours - 5Stars Forex

CFDs Expiration

Commodities and Indices are traded as Contracts For Difference (CFDs) and are cash settled two working days prior to the underlying exchange expiry at 12:00 GMT. The underlying exchange expiry is mentioned below next to each CFD product.
The expiration of each CFD is clearly stated in the trade ticket , open positions and MT4 Market Watch.

Options Expiration

Options can be set to expire up to six months from initiation date.
On any given day, options that expire do so at 10:00am New York Time.

Notes

*Czech Koruna (CZK) and the Polish Zloty (PLN) are at their most liquid between 07:00 GMT and 15:00 GMT, Monday to Friday. Turkish Lira (TRY) is at its most liquid between 07:00 and 15:00 GMT, Monday to Friday. Trading out of hours usually involves wider spreads.

Daylight Savings Time (DST)

DST is generally applicable in Autumn and Spring, however it is not uniformly applicable to all instruments. There will be instruments that apply DST with the US time, other with the EU and APAC times, while others may not apply DST.
We aim to update our trading times as necessary to reflect these changes, however please contact us for up to date information on the above products.

Indices

Instrument	Spreads (as low as)**	Leverage (up to)*	Trading Hours (GMT)
CAC 40	2 (EUR)	100:1	06:01 - 19:59
DAX 30	2 (EUR)	100:1	06:01 - 19:59
FTSE 100	2 (GBP)	50:1	07:01 - 19:59
NIKKEI 225)	15 (JPY)	100:1	22:01 - 20:14
Hang Seng	10 (HKD)	100:1	01:15 - 04:00, 05:02 - 08:15, 09:01 - 14:59
S&P / ASX 200	4 (AUD)	100:1	23:52 - 06:30, 07:15 - 21:00
DJ EURO STOXX50	2 (EUR)	100:1	06:01 - 19:59
FTSE / MIB	16 (EUR)	100:1	07:01 - 15:40
NSE NIFTY 50	5 (USD)	100:1	03:31 - 10:00
RUSSEL2000 -US small cap 2000	0.4 (USD)	100:1	00:05 - 21:55
S&P/IBEX	7 (EUR)	50:1	07:05 - 17:55
WIG20	4 (PLN)	50:1	06:51 - 14:49
OMXS30	0.5 (SEK)	50:1	07:01 - 15:25
AEX	0.25 (EUR)	50:1	06:02 - 19:59
SMI	6.00 (CHF)	50:1	06:05 - 19:55
MSCI	0.20 (USD)	50:1	00:50 - 05:40, 06:50 - 14:50
JSE	40 (ZAR)	50:1	06:35 - 15:25
VIX	0.1 (USD)	50:1	13:31 - 20:10
MICEX	100 (RUB)	5:1	07:05 - 10:59, 11:04 - 15:44
USDX	0.05 (USD)	100:1	00:05 - 20:55
BITCOIN***	12.00 (USD)	20:1	24h/5
FTSE/Athex 20	3.00 (EUR)	10:1	07:20 - 14:20
FTSE China A50 Index Futures	30 (USD)	50:1	01:05 - 07:50, 08:45 - 17:55
ChinaAMC CSI 300 Index ETF	0.15 (HKD)	50:1	01:35 - 03:55, 05:05 - 07:55

Energy

Instrument	Symbol	Trading Hours(GMT)	Daily Break
Crude WTI	OIL	22:00(Sun)-21:00(Fri)	21:15-22:00
Crude Brent	BRT	0:00-21:00
Heating Oil	HEO	22:00(Sun)-21:00(Fri)	21:15-22:00
Gas Oil	GAS	0:00-21:00
Natural Gas	NGS	22:00(Sun)-21:00(Fri)	21:15-22:00

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Lowest spread forex broker – 5Stars forex

The amount of pips between the bidding price and the asking price is called the spread. The spread is what forex brokers use to make money on every forex trade placed through their network. For example, the forex broker may be paying a price of 1.3600 for buying or selling. The broker will then allow you to buy the currency for 1.3601 or sell it for 1.3599.

The truth is fixed spreads do not offer any significant advantage and are subject to forex broker tactics such as widening - a tactic whereby forex brokers with dealing desks manipulate the spreads on offer to their clients when client trades move against the broker.

5Starsforex's ECN/STP trading model does not have a fixed spread. This means the spread on offer will accurately reflect the true buying and selling rates for a particular currency pair and ensures investors are trading forex under real forex market conditions of supply and demand.

A fixed spread may seem like a good thing when market conditions are optimal and there is heavy supply and demand. The fact is, a fixed spread remains in place even when market conditions are not the best and regardless of what the true buying and selling rates for any given currency pair are.

Our ECN/STP model provides our clients with direct access to the other Forex market participants (retail and institutional). We do not compete with our clients or even trade against them. This grants our clients more advantages over dealing desk market makers:

•  Very tight spreads
• Better forex rates
• No conflict of interest between 5Stars forex and its clients
•  No limits on Scalping
• No “stop-loss hunting”

5Stars forex strives to offer its clients the most competitive rates and spreads in the market. This is the reason we have invested heavily in establishing strong relationships with the most reputable and reliable liquidity providers. The advantage our clients have is that they enter the forex arena on the same terms as majors.

Prices are streamed from various liquidity providers to 5Stars forex’s Aggregation Engine which then selects the best BID and ASK prices from the streamed prices and posts the selected best BID/ASK prices to our clients, as illustrated in the flow diagram below.

Visit 5stars forex spreads on different  account types: https://5starsforex.com/accounts/account-types.php

Trade Metals with 5Stars Forex:

Gold (XAU)
Gold is used for its practical uses in jewelry and also considered a 'safe haven' investment. Gold has been used as a currency for millennia. The precious metal is often used as a hedge against inflation or monetary expansion also provides opportunity to diversify investments and risk.
The volatility in precious metals can provide many trading opportunities in both rising and falling markets.

Silver (XAG)
Silver is one of the oldest used methods of exchange. It is in high demand in the tech and pharmaceutical industries but also as a financial asset. The precious metal is often used as a hedge against inflation or monetary expansion.
Silver markets tend to be less liquid, and therefore less volatile, than the gold market which means trading hours are shorter. However, they do offer more stability than gold, which means they are often used as an alternative investment when markets are volatile.

Palladium (XPD)
It is a precious used in high tech industries and also in jewelry. Traders and investors also take precious metal as a protection against the inflation.
While it is highly correlated to other metals such as gold, Palladium has its own supply and demand forces.

Platinum (XPT)
It is also used in industries and also used in jewelry. Also this metal is used by the investors to protect them against the inflation.
While it is highly correlated to other metals such as gold, Platinum has its own supply and demand forces.

Copper (CPR)
This is the metal which directly reflects the state of world economy. It is used by many heavy and light industries also in construction. It has many uses in heavy and light industry as well as construction. It was used for humanity also for many years. Copper is mainly used in construction and in machinery manufacturing.

For more info: https://5starsforex.com/products/metals.php

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PAMM Account with 5Stars Forex

A Percent allocation management module which is commonly known as PAMM is also referred sometime as Percent Allocation Money Management, Which describes a software application mostly used by the Forex Brokers. Foreign exchange brokers use PAMM account to allow their clients to attach money to a specific trader managing one or more trading accounts appointed on the basis of a limited power of attorney. PAMM solution allows the trader on one trading platform to manage simultaneously unlimited quantity of managed accounts. The ratio in PAMM is determined by the size of the deposit on each managed accounts. Higher the deposit higher will be the proportion. Trades, Profits and losses (results of trader’s) are allocated between managed accounts according to the ratio.

The 5Stars Forex PAMM Account is an investment service that gives investors the chance to make money without trading themselves on Forex and allows managers to earn additional income for managing client funds.

For More Details: https://www.5starsforex.com/pamm/pamm.php

The Basic Idea behind the PAMM Account

A manager opens a PAMM Account, allocating a certain amount of his initial investment as the Manager's Capital. He will be unable to withdraw from this amount (an additional incentive for the manager to demonstrate caution in his trading). Next, he designs his Proposal, in which he lists the terms for investors. This includes the percentage of their share of the profit they will pay him in compensation.

Investors search through the PAMM Account Ratings to find the account they would like to invest in.

The manager begins making trades on the account using both his personal capital and the funds of his investors. Profits and losses on the account are divided among the manager and investors, based on their share in the account.

5Stars Forex PAMM Partnership Program

One way a PAMM manager can work on developing his PAMM Account is by bringing in a partner to help out. The partner doesn't trade on Forex and doesn't participate in the PAMM Account management. There are two types of partners a manager can recruit.

An Acquisition Partner helps bring in new investors to the account. They are paid a percentage of the manager's compensation for each client they refer.

An Auxiliary Partner can help in other facets of the PAMM Account: analysis, marketing and advertising, etc. They are paid a fixed percentage of the manager's total compensation from investors.

Any 5Stars client can take part in the PAMM Partnership Programs after signing up in 5Stars Forex. A partner can then get in touch with the manager and agree on the percentage they will be paid.

Best forex broker for 2015 - Most trustable and secure broker

In this year 2015 a forex broker comparison was made to find the best forex brokers for 2015 that offers traders high levels of leverage. Leverage is a must for currency traders amplifying relatively small currency movement. This leads to greater gains or losses for forex traders.

Trade the global FX markets with 5Stars forex and take full advantage of their award-winning international expertise, proprietary ECN technology and competitive spreads.

5Stars forex is recommended for FX Brokers Looking for High Leverage

·         Offers the highest leverage of mainstream brokers at 500:1

·         Providers traders with some of the lowest spreads/fees of any other broker

·         Has the fastest execution speeds

·         Provides the option of the most popular forex platforms

·         Offers strong customer service

5Stars forex offers some of the Lowest Spreads

There are three accounts offered by 5Stars forex the standard account for more beginner/intermediate brokers has no commission on traders and spreads starting from 0.5 pips. The other two accounts are the most popular with advanced traders as they offer some of the lowest pips in 2015 with an associated low commission rate.

Best bonus program- 50% rescue withdraw bonus

A 50% of the amount deposited by the client will be given to the client in the form of real money in the event the client losses all his/her funds in total, the 50% bonus after given cannot be withdrawn by the client only profits generated from the bonus will be available for withdraw.

5Stars forex offers the Most Popular trading Platform

The Meta trader 4 is the most popular platform worldwide due to a user friendly interface, advanced graphing tools and the ability to execute advanced trading strategies. MetaTrader4 is considered the most complete Investment platform in the Forex Market because of its large number of tools for technical analysis which help investors develop the most sophisticated trading strategies

5Stars forex provide 24 hours Customer Service in 5 day

5Stars forex offers outstanding customer service for all the forex traders. The team who provide support have strong currency trading experience and are all traders themselves (a unique feature in the industry). Support is 24 hours during weekdays when currency markets are open.

Excellent education section

There is also an excellent education section for those new to currency trading to those looking for more advanced strategies or the latest currency market news.

Why people choose 5StarsForex?

In today’s world we are faced with many choices and choosing a Forex broker is no different. We’ve been in the retail Forex business longer than most and we understand that individual traders have different needs and wants. That’s why we continue to evolve to ensure you can trade with 5starsforex in a safe, informed and supported environment.

·         Online community

·         Easy to start trading

·         Personal Service

·         Easy choice for every trader

·         Transparent cost

·         Forex specialists

·         Continual growth with Five Stars Forex Ltd

·         Security of funds

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Forex Trading Strategies for Beginners - Free & Easy!

A set of analyses that a forex day trader uses to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis charting tools or fundamental, news-based events. The day trader's currency trading strategy is usually made up of a multitude of signals, which trigger buy or sell decisions. Forex trading strategies are available for free, for a fee or are developed by the traders themselves.

Forex trading strategies can be either manual or automated. A manual system involves a trader sitting at the computer screen, looking for signals and interpreting whether to buy or sell. An automated trading system involves the trader "teaching" the software what signals to look for and how to interpret them. It is thought that automated trading takes out the human element of psychology that is detrimental to a lot of traders.

Forex beginner strategy: getting started

Forex trading is a simple concept; you aim to make money by buying a currency and selling it when the price has risen or by selling a currency and buying it back when the price has declined. To understand the strategy, you need to know some of the terms that are specific to online trading.

Terms you should know

 

·         Currency pair: A currency pair is the exchange rate between two currencies. A currency pair shows the price at which one currency is exchanged into another. So if the price of the EUR/USD is 1.30, then this means that 1 euro is exchanged for 1.30 US dollars.

·         Price chart: A price chart shows how the exchange rate between two currencies develop over time. If you look at the price chart you can see that the exchange rate is displayed on the right hand side and the time is displayed on the bottom.

·         Pips: Forex Pips are the smallest units of possible change in a given currency pair. When a pair trades one pip differently, it might be .01 as in the case of a currency pair with Japanese yen as the second unit. It might also be a .0001 difference. The first of those two examples would mean that the change is a one percent difference, whereas the second example means the change is 1/10,000, or one percent of one percent. A pip is the smallest unit of movement. Read more…

·         Making a trade: Making a trade is the act of exchanging one thing for another. In the context of forex, it means that we exchange a certain amount of one currency into a certain amount of another currency, based on the current price of the currency pair. For example, if the price of the EUR/USD currency pair is at 1.30, for that we can get 1 euro for every 1.30 US dollars.

·         Entering a pending order: Instead of waiting for a specific price level to be reached to place your trade, you can tell the trading platform to automatically open your trade if that price level is hit. This is called entering the pending order. You tell the software where your entry, stop loss and profit target will be and the position size or volume you want to trade with, and the software does the rest. When using MT4 to enter a pending order, it is important to know that when you wish buy, you select the type buy stop and when you want to sell, you select the type sell stop.

·         Spreads: The Spread in the Forex markets is the difference between the various buying and selling prices on offer for any particular currency pair. Before any trade becomes profitable, traders must first make up the spread. Lower spreads means trades move into the positive column earlier. Many traditional Market Maker forex brokers proudly advertise their low fixed spreads as being an advantage to traders. Read more…

·         Lot: A lot is the smallest trade size available. FXCM accounts have a standard lot size of 1,000 units of currency. Account holders can however place trades of different sizes, so long as they are in increments of 1,000 units like, 2,000, 3,000, 15,000, 112,000 etc.

·         Leverage/margin: This allows you to take advantage of leverage. Leverage of 400:1 allows you to trade with $1,000 in the market by setting aside only $2.50 as a security deposit. This means that you can take advantage of even the smallest movements in currencies by controlling more money in the market than you have in your account. On the other hand, leverage can significantly increase your losses. Trading foreign exchange with any level of leverage may not be suitable for all investors. Read more…

 To know more about forex terms and strategy Visit our forex academy free course via this link https://5starsforex.com/learn/new-to-forex.php

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