Secrets of successful trading in the currency market forex

Secrets of successful trading in the currency market forex.

There are many different views when trading in the global currency market (Forex). Some traded according to fundamental analysis, others consider it ineffective and tell you all focus your energies to read the tables of technical analysis. Some experts will tell you by taking advantage of the leverage available to the forex market, and others will tell you to stay away from leverage, since the higher the leverage, the greater the risk. The following are some general tips for Mtajery Forex. Which can all be summed up in one principle, which is objectivity.

Remember. You do not have to follow every one of these rules Following literally, but considered as signs of the kind of philosophy that followed when trading Forex. Some of these rules may not be suitable for all traders, but general information, intended to guide you to the path of success.

1. Initial self-knowledge: This rule applies to almost any effort to take your responsibility in your life, especially if it involves high risk. Before trading one point in the forex market, it is necessary to know yourself. ماذا يعني هذا? There are methods of the myriad of trading, so before you begin this journey, choose your style. But, do not choose this method randomly. Set your goals short-and long-term, select how it intended to reach these goals, and then decided which method suits you best for trading based on your character.

Each method of trading advantages and disadvantages, and risks of its own, so when selecting the method, select it by type of your personality. For example, if you know about yourself just because you can go to bed and leave your position open in hopes of profit in the long term, then do so. If it were not of this type of characters, this would result in raising the level of anxiety, which in turn will lead to your failure in the future.

2. And the right Forex Broker: What to specify the type of Forex trading is right for you, you need to find a Forex broker fits your style. Not in a hurry in this matter. It is possible that this will be the most difficult decisions to be taken when it comes to trading Forex. Forex broker you choose will have undoubtedly the greatest impact on your success or your failure as shops Limited. Choose a facilitator if you choose a car. No one goes to the first car dealer and buy the first car he sees it. Must be read from two different brokers, and the advantages and disadvantages of both of them. You must do an extensive comparison of many mediators Total market.

The lower the tray to a small number of intermediaries, should be compared between the trading platforms of both of them based on the method that you chose the first step. For example, if you think you are more than just a dealer trading in the short term, make sure that the broker you choose offers comprehensive tools to support this method as part of the trading platform. Make sure that the broker you choose meets all your requirements from the service consumer support and even the main site of their status.

3. Selection and application of the approach: As mentioned earlier, there are two main schools of thought when it comes to analyzing the market and expected future trends. School of Technical Analysis is based on the famous sentence, "the trend your friend". The basic assumption is that the market has the sort of consistency and logic in his movements. If the move in this direction today, there is no justification for the lack of action in the same direction tomorrow. There are several types of tables to help you analyze market trends, as well as indicators and levels.

Then there is a school based on fundamental analysis, what is driving the market is already state-specific news. This method will tell you Petrkiza less on the scales yesterday and focus more on yesterday's news. Like many things in life, Both methods are not ideal, and stores the successful uses both methods. However, you must pre-determine which trading will be the main approaches, and to abide by it. If you think that the fundamentals play a greater role for trends, and focused your analysis and your outfit to watch the news and not to analyze the tables. Consistency of thought is the name of the game.

4. Synchronization of the tables: If you do not abide by the curriculum you have chosen to step 3, it will go a large proportion of your time looking at the tables the forex market. As explained, there are several different types of tables, but most simply show the same thing but in different forms.

Mentioned, there are some tables are very different and therefore must be inspected. You must pay very close attention to the time frame for the table that you are using. For example, if you follow a weekly schedule shows you based on your analysis a great opportunity to buy, make sure to open a table in a shorter time frame, daily, every hour, and that this time frame refers to the same result. If the result is different, delay, and wait until all tables are synchronized with each other. Fixed rule that guides you is to use a longer time frame for the analysis of direction (where the market moves) and shorter time-frame to determine the entrance or exit the market.

5. Account expectations: even now, we were discussing the choice of trading method effectively and take precautions Say trading. However, when and how do you know if you've taken the right decisions? For this, you need to calculate your profits and Khosaratk from time to time. You should review your history in trading and calculate the number of times bargains in exchange for the loss-making deals. What to do this, calculate the amount you have to trade in all your transactions in exchange for winning deals losers. Best trading figures appropriate for the analysis is the last 10 transactions. But if you still did not learn to trade effectively after, you can do with this account as well. Simply see the times in which he referred to your system the time is right to open the package. Then check if you have won or lost on this deal. Do this 10 times and write them all. This is a good indicator to determine if you are on the right track or not.

6. Money Management: This may seem obvious to some, but not as simple as it sounds. It's all about Pflsvetk and the way you look Bhaily money traded by. A good idea to think of the money traded by Forex that money is dedicated to the holiday. You use this money for trading with increased probability that you will lose tomorrow, but at least take advantage of something, important and interesting experience. However, this comparison is not valid only in this situation, and should not be duped. Trading forex is not a holiday. Forex thinking this way will you accept the simple psychological losses, which in turn will help you to become a successful trader.

Other useful information when it comes to managing money is to know how to use the leverage that offer you. Will warn you, many experts do not use more than 2% of the crane to your account. Thus, for example, if your balance 10.000 dollars should not risk more than 200 dollars on each trade. We have said so many times it is important to understand that with the increasing likelihood of profit by using leverage, the probability of devastating loss is also high in the forex market.

7. Building Confidence: trading tactics identified by yourself, you do not just become a coach Forex stores only, but also you can build your confidence, which of course is the foundation of success to the forex market. This is true no doubt, when succeed in your trading as a result of the manner in which followed, but this also applies to trading that lead to your loss is simple. No matter what happens, it is necessary to abide by people your decisions. Do not let your emotions control you, try a commitment to objectivity and the account when trading Forex. This in turn will make you a successful trader, which of course will lead you to success.

8. Homework last week: If you were not noticed until now, many of the basic rules of life apply to forex trading and this one. Anything you want to accomplish in life and in the forex market requires preparation. At the end of the week, when markets are closed, it is important that you Pthalilatk. Read news and saw movement in the markets last week and took important decisions next week. This method is very effective for several reasons, the most important is that you can work through the end of the week much of substance. There is no pressure to the market and do not need to make decisions, take your time as you like and relax and made decisions based on information on how and when to trade.

With the importance of this, it is not necessary to comply with this. If you decide to enter the market at a certain point, wait for this point. Do not rush it because of the tension, if the market reaches your point, March restraint and patience, your time will come and if not come, you will not lose anything, there is always another chance. Your primary goal here is to try to maintain the scientific method and make decisions based on experience and test as much as possible.

9. Register it all: This may seem trivial to some, but this may already be information that will distinguish it from other successful stores. No one ever thought they act objectively rational when it comes to their money. The best way to maintain the objectivity is the codification of everything.

When you decide whether you will open the package, draw a table of the reasons that made you think that it is a good deal. This includes technical and fundamental indicators as well. Then draw the same table showing the reasons for not opening the deal. Type exit and entrance points if you decide to enter this transaction and make notes to yourself about the deal. This may include your emotions and anxiety about the package, and the level of optimism as well. Select whether you are a more greedy when you close the deal, and always refer to this document when trading. In doing so, you follow the Mtajratk substantive approach, which will quickly give you the competence and control and mental training to carry out your transactions based on your system and not your habits.

Despite all these tables and figures and percentages, the Forex market is considered an art. As is the case with artistic endeavors, the talent is important but not much practice and training. This information will help you be more organized traffickers, accuracy, and therefore this will lead you to become a more successful trader as well. Whenever you are more committed to those rules, the more I watched your success faster.

History of gold trading & forex

History of gold trading.

Gold trading has a long history, and since its discovery in ancient times, became the gold standard of wealth and social status in many societies where began to be used as currency. And still uses the gold to the present day as an important trade and business.

States are estimated at gold as a measure of wealth and the basis for the exchange. Iqdralofrad and gold as collateral as the paper money does not always have the same degree of confidence.

Mazel gold and influential in global financial markets today and will remain so in the future.

Bretton Woods Agreement.

The Agreement was signed at Bretton Woods after World War II to control the global Forex market and to maintain its strength. Signatory states to the Convention to keep the values of their currencies in a narrow range against the U.S. dollar and an equal rate of gold. Thus, the dollar has gained center stage as currency and economic power shifted from Europe to America.

In 1971 dismantled the Bretton Woods Agreement, when the U.S. dollar can not be replaced with gold. And began the forces of supply and demand in the currency market control. And started new financial instruments and free trade to emerge.



The gold standard monetary system where the economic unit is the standard adopted by the constant weight of gold.

According to the standards gold, paper currency issuers guarantee to buy back paper money on demand that amount of gold. Governments that employ such units of account, which will replace cash gold leaves involved in a relationship with another currency - fixed.

Supporters of the gold standards say that more resistant to the expansion in credit and debt. And reverse the currency issued by the Government of non-coverage of the gold-backed money can not be random buffeting on the basis of decisions of the government. This restriction prevents the inflation of industrial output of the devaluation of the currency. It is assumed that removes this "doubt as to the currency" and to maintain a credit issued by the monetary authority and encourage lending. In spite of this, the countries that do not follow the gold standards 100%, such as those used in paper currency in circulation simultaneously fought in the debt crises and economic depression in its history through the use of central banks in the circulation and Tdhm currencies. The United States experienced a recession during this period of great panic in 1819 after he became the second national bank by Medina in 1816.

And became the gold standard is not used in any of the States were replaced by government-issued currency is not covered. Gold is still employed by private institutions to offer gold coins, which are used digital gold grams as money approved


Current image

The current picture looks quite different since the beginning of the eighties began to computers and technology controlled on the evolution of the foreign exchange market. Today, traders and brokers all over the world can be deliberate currency in the market. And is now considered a gold coin, like any other currency can be traded as the value or price expressed in U.S. dollars - which can buy or sell gold against one U.S. dollar.

And the history of trading in gold tells the story of an attempt to make global trade - especially the Forex market - easy and balanced. To learn more about the use of gold as an investment tool.

Hazard warning: please note that Forex trading (Currency Trading) involves substantial risk of loss, and may not be suitable for everyone.

Features of the foreign exchange market

Features of the foreign exchange market:

(A)

Forex has a lot of features that made the largest financial market in the world and the fastest growing, day after day an increasing number of traders in the currency market to lead to the other markets:
● liquidity huge: Forex characterized Bassiolth huge, there are always buyers and sellers at each price, which means the ability to open and close deals at the price you want, unlike in the stock where it can remain suspended in a deal due to lack of liquidity in the stock that you bought it, or where it can not find out when the price offers that you want to buy the stock it.
● the possibility of trading in a timely manner to you: Forex works 24 hours a day, this gives the opportunity for traders in all parts of the world trade in time for them regardless of their availability or not.
● Profit in both directions upward and downward: in Forex you can take advantage of the way, if the expected rise in purchasing the land if you suspect you are selling, or you can take advantage of all market conditions.
● trading using leverage: in the currency market you can trade many times your capital using leverage, which is not available in any other market, and you can achieve large profits from small amounts. But you must beware As leverage to help you achieve substantial profits, may also cause huge losses if not used wisely and carefully.
● trading without additional commissions: There are no additional commissions on transactions in the currency market, mediator does not take the implementation of the deals but the price differential between the purchase price and selling price.
● can not be any point of price controls: huge liquidity to the currency market makes it impossible for any class to the market and price manipulation, as happens in the market is weak liquidity, even the top banks and large investment portfolios can not control prices.
● the possibility of trading in small amounts: Minimum to open an account in the currency market in most companies no more than 200 dollars, which allows small investors trading in the market, like any other adults, their need for funds flowing
. ● the possibility of opening a free demo account: the availability of the brokerage firms the ability to open a free demo account (demo Account), from which you can trade in the market with money and fake, to train on market conditions, the different quality learning before you start trading, and are trading on price and the actual conditions of the market and the only exception that the funds in the demo account is fake and only for training, one of the most important features in the currency market, where you can practice on the market already judged on your performance and the future. Hard and I saw that the best way if you have the problem of unemployment Elly Pto'zajhna all of us in the Arab world or want to open your own business yourself or learn the new job Kalthalil technical and offer tips and advice all this is possible with Forex, but tired and learn and, God willing Anousel.

(B)

It is estimated that financial analysts daily volume of currency trading in the forex market by about 3 trillion dollars (3 trillion dollars a day), where hundreds of millions of dollars bought and sold every few seconds. [2] As an example, showed a survey carried out by the Arab Advisors Group, said around 70 a Jordanian trading in foreign currencies at the margin (Forex) amounts almost 787 million U.S. dollars. "[3]

And are traded by buying and selling major currencies which have the core portion of operations in the forex market is the U.S. dollar (USD) the base currency and the euro (EUR) and pound sterling (GBP) and Swiss franc (CHF) and Japanese Yen (JPY), Australian dollar ( AUD), Canadian Dollar CAD)) and the currencies of other Arab and foreign countries.

The economists that the currency markets are markets created by the technical routine and facilitated its recent expansion, and technology affected the forex market, this market could attract large groups of investors during the past years thanks to the spread of technology and communications. [4]

In contrast to several markets spread in the market, the currency market is not a good market of elite dealt with only few people, but lack of interest in media coverage of economic activities, trade currency to make this market away from the public. Even people who do not have experience in dealing with Internet and computer, they can trade via telephone calls to brokerage firms and projections indicate to accept a large segment of young Saudi and Gulf to trade currencies in future periods.

Equity markets and the forex markets

FX and money markets ...


I think you are beginning to feel now is the importance of the profession and to the Forex market does not move randomly Yes, the changes in limiting the country's main engine and this requires you to some diligence, but make sure that the practice will have no difficulty in trading foreign currencies, and in this lesson we will look at commodity and financial markets to know What is the relationship between them and the Forex Market

The knowledge of some of the principles for capital markets is more important than ignorance because it benefits a dealer fundamental analysis in his analysis of currencies and can not do without them .. We provide you with information we Bbassat quick to discover the future trends of the currencies.




First ... Forex and Stocks


** On the contrary, low price of bonds give strong impetus to the high dollar that if the low price of bonds increases demand and thus increase demand for dollars to buy bonds.


Remember .. Global indicators of the market ..
1 - Most U.S. stock indexes: the Dow Jones industrial average Dow, and Nasdk NASDAQ, and an indication of the prestigious Standard & Poor's S & P 500 Artvallm meant the rise of the dollar.
2 - the most important indicators of England, Stock Exchange Index (CPI Afattsi FTSE 100) height meant the rise of cable
3 - the most important indicators of stock market of Japan (Nikkei Index Nikkei 225) height meant the rise of the yen








II ... Forex and oil
Oil is the lifeblood of the industrialized world for this is monitored and trading in the commodity called Balblak Gold Black Gold no Black Gold or Black Crack crack Balblak any part black.

OPEC OPEC
The Organization of Petroleum Exporting Countries the Organization of Petroleum Exporting Countries
Membership of 11 States and the oil is sold Barrel and the more the oil price, the less the dollar.
This is the oil-producing countries, often accounting for 40% of world oil production







There are many countries that are producing black gold and store many of the large reserves of it in order to face days of high oil prices, including Canada, which often call them the West as the mafia black gold.

Canada is one of the largest oil producing country as well as they store a lot of it, followed by Saudi Arabia in second place, which is one of the largest exporters of oil, and we believe that the United States of America is the world's biggest consumer of oil, we believe that the U.S. economy, including the U.S. stock and the U.S. dollar affected by fluctuations in world oil prices.
Moment, a moment ..
Please remember that this is an important point ...

If oil prices rose
That was good for the Canadian dollar, and bad for the U.S. dollar

If oil prices decline
This was bad for the Canadian dollar, and good for the U.S. dollar

When it does take advantage of that?
Yes, we trade in the U.S. dollar / Canadian dollar against the USD / CAD control oil prices ..

Look at this chart ...



As seen in the planned movements of U.S. dollar / Canadian dollar versus the opposite each other.
For example, if the price of oil say the U.S. dollar and the price of the Canadian dollar and vice versa.

Please add this important tool to the toolbox when you analyze your trading dollar / Canadian and ...
This performance is more important for long-term strategy ...





Thirdly ... Forex and gold
Everyone loves gold .. So how do you not loving it!!
Gold is a metal and metal and shiny and made into jewelry.
In addition, gold is used in many areas Vistkhaddmh doctor and women as well as merchants.
In the world of finance and economy, look to gold as a protector of the country from the vagaries of inflation and is one of the most important goods that are traded.



So how do we link the Forex?
Excellent question .. And we answer to you, please look at this chart ..
Many traders believe that trading in the Australian dollar, such as trading in gold.




Because Australia is one of the world's largest gold producer and exports approximately 50% of it as a commodity in addition to precious metals.


This item is considered to be one of the most important accounts of the gross domestic product of Australia, so many traders watching the rise and fall of the item, they affect the Australian dollar.
Let's take a look at the chart compared to brushed gold.




This chart compares the month and the movement of gold and currency pair AUD / USD
We believe that the husband often with the direction of gold, but the one before the other ... !!
Red dots indicate places seem to change the direction of gold that gold is moving by the husband
The relationship between the task now.
Traders are trying to watch gold prices analytical experts to carry on the Australian dollar against the U.S. dollar.
For this we say to those who do not know how to analyze the pair in the currency market, you can trade it if you know determine the direction of gold in the stock market for the future.

Very Important Note: The gold and the Swiss franc safe haven for investors in the case of wars and political events and disasters. As was done in the Bretton Woods Agreement, which requires linking the exchange rate of the dollar with gold in order to ensure the stability of exchange rates of the most important currency of the world, despite the expiry of the agreement is still gold big role in front of the world's currencies, and enjoy the Swiss franc over the date an asset is safe because of strict confidentiality of the banking system, and neutrality politically from all States, and the independence of the central bank, and large reserves of gold







The New Zealand dollar and the report of the Office of commodities research guide CRB Index

New Zealand, like Australia, it is also a neighbor of the major exporters of goods ..
The New Zealand dollar label as currency traders (Kiwi Kiwi) because they are not linked to a commodity, but one linked to more than a commodity ..
Since January 1990 linked Kiwi by 73% according to the report of the Office of the guide CRB Index of commodities research standards of the world's largest commodity prices.





This scheme seems that the price of the New Zealand dollar / U.S. dollar moving in tandem according to the CRB over the past 25 years.

We find that the husband of the NZD / USD and are associated with the report of the CRB by 60%

We can say that the traders should look for similarities in the movements in the couple moved because of the dependency on New Zealand exports of goods.



Come see for example ..
The impact of economic news and reports on the U.S. dollar ...

April 2005, after the issuance of the positive and negative news on the currency pair sterling against the dollar .. Data were as follows,
Trade activity index cips of England in March came in 52.0 and the values after the previous review is from 51.8 to 51.6, and oil prices in New York has increased the price of oil up $ 2.40 on every barrel and reached the extent of $ 5.75 per barrel .. The number of new jobs (an indicator of non-farm payroll) for the month of March to the United States of America form a minimum of July last year .. For a sense of Michigan index, price index for March, which was issued at 92.6, while the expectation is 92.9
Very clear to all that all the indices of the United States has fallen ... And kept the index in the Dow Jones in New York Stock Exchange to 99.46 points, or down -0.95% and closed at 10404.30, as well as index Nasdaq's 14.42 points, ie -0.72% and stood at 1984.81, the Index S & P 500's 7.67 points, or -0.65 % and stood at 1172.92, and the profitability of bonds, the United States of America for 30 years formed the result fell 4.729 compared with the previous close to 0.037
In contrast, the London Stock Exchange, we find that the FTSE 100 index rose to +0.40% and stood at 4914.00

Here's a question to the experts of the economy!!
What should happen to the currency pair sterling against the U.S. dollar, when all of the above information will be announced in one day within a few hours specifically!
Answer .. Not falling, the dollar .. But the collapse of the dollar sharply.
Very good ... Excellent answer.

When the average rate of exchange in the U.S., 1.8583 to 1.8481, ie, more than 100 points on the negative conditions of the economy of the United States of America .. In stock Dow Jones Indexes New York Stock Exchange for points, or 49.36 (-0.48%), and it closed at 10140.12 Nasdk NASDAQ index rose 12.92 points, or for (0.66%) and remained at 1976.80 and the index of the S & P 500 fell 5.31 points, for any (-0.46%) and remained 1154.05 and profitability of bonds in the United States than 30 years was set up in any down 4.484 compared with the previous close to 0.047 and the University of Michigan index dropped it, and a pointer initial value of the sense of index Michigan in the United States in May, which, when 85.3 (although the expectation was 90.0 The previous toll - with 87.7), and export prices in the United States in April is +0.6% and the previous value of +0.7%




Conclusion ...
We just learned relationship between the foreign currency, oil, gold and the U.S. stock market and its relationship couples together.
There are a few things we wish to make you quickly.
Short-term movements of goods usually do not affect the currency item immediately.
And analysis of commodity currencies is best for the long-term trader, wholesale long-term investments.

Remember though that the currency-related goods, but exports are part of the economy, do not forget interest rates and political news ... Etc

Do not forget to see the relationship between the currency of the Canadian Petroleum
Do not forget to see the relationship between the Australian currency pair and gold
Do not forget to see the relationship between New Zealand and the report of the CRB commodity world

forex trade

Definition of the forex market

Market Forex Trading Forex

Forex FOREX is the abbreviation for the phrase "exchange market in foreign currency"

FORegien EXchange market

Old currency was fixed is constrained not only moving, but in 1973 was edited currencies "became a floating" According to the conditions and economics, and politics created the Forex market to benefit the people of the change in the spread.

The meaning is obvious to this market is the trade immediately in the foreign exchange outside the stock market through a brokerage firm online progress of this company, services and mediation in the financial facilities from banks to customers, services are also provided economic analysis and provides trading software for clients to enter the spot market currencies over the Web or via mobile phone or through the trading software is installed on your computer, and after you open your new account with a brokerage firm and is funded with money you can merchant the implementation of contracts and commercial transactions, purchase or sale of exchange between currencies, as they deem you as an investor to expect the force to the economy of the State are allowed to buy its currency, the sale of another currency with you, or expect to double the nation's economy Vtabie currency to buy another currency.

All this is done through your real account that you opened and funded with money the brokerage firm of your choice and that Stdechlk to this market.

Before you begin a career in forex trading you need to open an Islamic account with a brokerage firm known as a brokerage firm on behalf of the broker Broker

What is the role of the brokerage company, exactly?

Under normal circumstances that the brokerage firm is a company that:

■ play the role of mediator between traders buyers and sellers.

■ provide a trading platform that has the price of spot foreign exchange, graphs, charts and indicators and data commands deals.

■ provide an economic services like news, analysis and recommendations and others such as customer service.

■ carry out transactions through the command established by the client on the trading platform.

■ brokerage firm and take payment for this work and other services and this is religiously permissible (known to take the Spread).

■ As you play the role of mediator between the merchant and the World Bank the main financier of funds transactions.

Here we hope that you do not choose a brokerage firm that wins through commissions financing because it is contrary to law, he chose the company that profited from during the spreads only (ie, fare difference between the purchase price and sale price on the deal) or profited from the commission, rather than borrowing, and do not choose a brokerage firm is funded deals, but chose a brokerage firm and the intermediary between you and the Bank are the main financier.

Does the brokerage firms by the censorship?

Brokerage firms are the best that are licensed by the law of their country and monitoring by the bank for her, and Huntaraf them later
Regulators in the currency market

To ensure that work with any brokerage firm in anywhere around the world must ensure that the company is subject to the laws of their country and have a license to do so by registering in one of the regulatory authorities or regulatory agencies, which in turn helps to not be duped into choosing a brokerage firm in forex, we our part, we will submit the regulatory bodies.

Do you want to learn names and country regulatory bodies?
* CFTC is an abbreviation for the Commodity Futures Trading Commission

Any Governmental Authority of the U.S. Congress is specialized in organizing work in the financial markets of different kinds. And is based in America.

* NFA are the National Futures Assosiation the Commission for the Commodity Futures Trading This association is responsible to the CFTC for the control of private institutions affiliated to it as well, recording and verification of compliance to the standards that ensure minimum safety of customers in this market in order to preserve the investor's funds and in order to strengthen the confidence of national and international capital markets of America. And is based in America

* FSA is the Financial Services Authority, the Financial Services Authority (FSA), United Kingdom. And is based in Britain.

* SFC is a body of securities in the Hong Kong Securities and Futures Commission. And based in Hong Kong.

* BCSC is the Securities Commission in British Columbia. And Canada-based

* MIFID is the law of the European Union which provides a harmonized regulatory regime for investment and services across 30 countries, is a member of the European Economic Area. The Markets in Financial Instruments Directive
(MiFID) and is based in the EU countries.

* DMCC is the center of Dubai sting multi Dubai Multi Commodities Centre and based in Dubai.

What is the mechanism of the brokerage firm with the client under the Islamic system?

The client opens an account with a brokerage firm and the new account is funded with money ..

Mediation is a company hire your agent on the stock exchange after you open an account with them is an agreement between you work on a system, then you fund your account with an amount of the money you have, from your bank or your credit card or through other funding.

He noted that most brokerage firms offer 3 types of new accounts:

(1) Micro Micro account funded, you need $ 100 or more, and these accounts are a great way for small dealers to train novices and to gain real experience in the early stages of their education.

(2) Mini Mini accounts you need funding to $ 2000 or more

(3) Standard Standard accounts you need funding to $ 2000 or more, and we recommend that the financing of $ 10,000 for the account Asattandr

Customer trading program trading company private mediation ..

After the arrival of your money in your new company mediation, the program trading brokerage company you will be asked to determine the extent of the deal that you want (any amount of funding requested by you to open the new deal) and also to identify the currency pair that you want to exchange the two and the price required to buy or sell him, plus all the transaction data to determine the price stop-loss or take profit rate.

Brokerage company to book the amount of insurance (the amount of margin) to open the new deals

Here brokerage firm in order to provide you the amount of the volume of money transaction for which you are requested to start your deal of the new (that is to provide you the amount of the volume of lute known as the amount of facilities leverage for the new deal), the brokerage company will book a part of the amount of money which may be deposited by you is already in your account When I opened your account with them, and the size of this segment is attached, the amount of deposit be in accordance with the terms of the agreement deal signed between you and leverage that will be provided to you company for the amount reserved, and this amount reserved is to be a lock to make sure the brokerage company recover money (finance) facilities Leverage without increase or decrease when you exit the deal.

A simple example to show you the above-mentioned ..

If you open an Islamic account with a brokerage firm, then this account is then funded with $ 1,000 and the account opening agreement signed between you specify that it will provide you with leverage 1: 100 Margin of 0.50% compared to the amount of margin deposit to open a new lot.

This means that any brokerage firm able to provide facilities for you cash from the bank interest-free you up to a maximum $ 100,000 tranche cash, you can trade in Forex market.

It is a deposit of 1000 $ × 100 leverage = $ 100,000 as seed money you will be provided by a brokerage firm from the bank, you can cash in all these facilities to open 10 deals in the case of whether each contract / lot to $ 10,000

This monetary easing will be given to you after you book a brokerage firm 0.5% of the amount of your deposit then and this booking on each lot granted to open a new deal, and this amount reserved is the emphasis on good intention in response to monetary easing is complete without the increase or decrease the insurance payment is essential to keep your position open.

This means that every $ 50 from your account balance is able to open up for you lot to $ 10,000

This means that if you open the 10 deals each lot by $ 10,000, it will be $ 500 reservation deposit of $ 100,000 to give you trade them.

Some may wonder ..

Do you believe, that the mediator provides funding of 100 times the client without the benefit?

Yes .. Broker does not lose something of its funding you first to ensure that the full amount back to him.

Secondly, because it uses the money deposited with him for the many open transactions.

Well, if what is the benefit of the bank from providing service margin or leverage?

Banks earn profits by settling deals at better prices at the domestic level the central bank in the market, and the banks get the profits through the benefits they get from the swap as a result of non-Muslims to their accounts.

Do you know, why is reserved for the amount of insurance from the balance of your brokerage firm?

We would like to clarify that, if you have traded in Forex Margin Muslim, you will not deal in the currency market funds that may be deposited by you with a mediator, but your money deposited by the broker only to be withheld the sum of them, is shown as a mortgage or insurance or guarantee, and this mortgage Reserved is to cover any losses that may occur, mediator Imulk amount of the volume of funds the deal you want it from the bank, and its relationship to the mediator does not Bouksairk not Barbg and withheld the amount of insurance to ensure that the refund was no loss or increase, you do not get no credit facilities, cash to open a new deal until after the Margin insurance payment, any cash you're working facilities agreed, and after the termination of the deal is this money to a brokerage firm without an interest or riba increase or decrease, this account of Islam.

* Note that there is a difference between the word (a mortgage) and the word (bet) The mortgage is permissible in Islam, there is no betting in Forex, and mortgage is just as mortgaging a house owned by or something else belonging to obtain funding and to ensure that the taxpayer the right you have, even contained what it borrowed, or borrowed from .

* He also noted that this funding is critical facilities, rather than a loan, because these amounts back to the bank and can not be towed back to the account or benefit of another purpose, but only leverage.

* Must know very well that the brokerage firm does not fund money they do not have the money to Tmulk tags, but is a brokerage firm, that is the mediator between you and the main financier of this money, which World Bank, here are key point within the provisions of Islamic Sharia these cases from the trade, if you get any financial facilities, the mediator must be without pay any interest on its response until there is no benefit to riba and also do not pay a commission on the financing funds, but may pay a commission on trading services is permissible legally and in accordance with the agreement between you and the brokerage company.
The original theme from here the definition of the forex market | site: Arab Institute Forums

Mediator does not sell or buy from the asset, but acts as an intermediary between the seller and the buyer, and intermediary in the provision of monetary financing without any interest is charged and without any commission, and the mediator does not lend at all, but the loan provided by banks only, which is already in the financial system of any country of the world.

* A very important point here is sometimes the Bank is working as a brokerage and a bank in the same time, is not recommended to deal with the bank directly, but must be between you and the bank and broker separately to avoid any suspicion of Lord ... Any Open Account with a brokerage firm plays the role of Alburkr between you and the bank can not open an account with the Bank plays the role of the bank and broker at the same time.

Brokerage company gives the customer cash facilities recorded in the account and the exchange be immediate

After requesting the opening of a new deal of any size lot you want it via the trading platform, here is the mediator would provide funds from the bank, and register all the facilities amounts of cash in your account immediately and quickly via the Internet to make buying or selling, and this recording proves legitimate for you.

Because as long as all the buying and selling (power of attorney) even if the online register immediately without delay, it is this award religiously, has authorized the scholars of this type of business online legitimacy, and it serves as a registry and the same sitting as estoppel, Valmtajrp in the foreign exchange markets award if it is the solutions and the same sitting in the contract, hand in hand, and the arrest of estoppel attached to arrest the real and this is not Lord it, operations are done immediately after the request of the merchant is not there is any delay in the case of profit or loss amount to the account immediately or put into their account immediately, that is, two currencies fall and win some in my seller and the buyer immediately with the immediate termination of the transaction gain or loss.

The fatwa of Sheikh Dr. Abdul al-Faqih, which authorized the arrest through the stock exchange over the Internet, and considered in the contract ..

He said: there is nothing wrong in buying and selling foreign currency from international stock markets if they are free caveats legitimacy signed in usury or ambiguity or ignorance or manipulation or deception, so long as the arrest is in the time of the transaction, which is expressed in the books of fiqh arrest in the contract and there is no deferred payment there is nothing wrong in that. If the transfer or sale of one currency must be deprived of symmetry and the differential between two currencies if there is nothing wrong in the differential if caught in the same body, and for more detail See answer to question no answer is No. 3099 and 3702, and Allah knows best

The abolition of riba and interest on credit facilities granted cash

Please note that the intermediary that provides trading services in accordance with Islamic law does not get the benefit of asthma compared to financial facilities, and does not take Komychen or commission on monetary easing, but it can take Komychen trading services of any fare, such as provision of the circulation in particular, or trading service in particular driven by price, or other acts of the Agency.

Here we would like you to explain something important, for the swap transaction fees "any interests on the money on funding for the passage of the deal, or more than one day"

* Ends today at five pm New York time.

This benefit abolitionist perfectly for the accounts of the Islamic, while the usual calculations when trading money finance, and continue to contract is for more than a day here on the company to add interest to the client account or are deducted from his account at the pair signed the contract and whether the client case of a sale or purchase and is an obstacle as it is considered usury forbidden in Islam.

So when the calculation of an Islamic brokerage firm make sure that there is no interest on contracts to install more than 24 hours, so no matter how long the open contract, and check the Rollover program trading platform be zero consistently.

In the accounts of the Islamic overcome brokerage firms on the obstacle, the abolition of interest to finance a final, because it is you close the contract at five pm New York time, then you open the contract again, directly and thus avoid dealing with the principle of interest usury altogether, and the company shall bear the cost of Spread instead of its customers.

Trading commission "commission of the Broker Award"

This has required some brokerage firms here, "a commission on trading services" which take a payment in return for carrying close deals and reopening at the end of the working day, rather than you, no commission (agency) the amount of wages fixed taken in advance and could be re-scheduled the passage of time no matter how long days benefit Trader funding is to connect your system, program trading accounts of the Islamic Sharia and this award, this commission has nothing to do with religion is the amount of funding for the implementation of taxi contracts electronically the conclusion of closing and reopening at the end of the day trade for the abolition of usury interest.

Examples of commissions trading services also award religiously:

(1) commission to link the expense of the client systems, programs to cancel the accounts of the Islamic interest.

(2) commission account manager who asks for a commission fee currency Mtajrth for the benefit of the client.

(3) broker or commission agent to take the agencies and trading of clients to provide Islamic accounts and services to its customers.

Spreads "the wages of intermediary"

Of course, the mediator does not work for free, the mediator known to be a broker and win through the brokerage, and brokerage in Forex means to get the mediator Spreads Spread and not the bank's share them at all (which gets the mediator taxi services through the difference between the purchase price and sale price) shows the spreads in the form of teams points, taxi services to provide program trading and market news and analysis of technical and customer service ... And other

Please note that Spread does not have any relationship with a final facilities leverage provided by the mediator of the financing bank to the client