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All news by Jonathan Smith

Upset Chinese investors hold hostage USGFX staff in Shanghai

Jul 24 2017 07:47:54 Jonathan Smith in Brokers

Chinese investors who allegedly lost $2.6 million in forex trading have occupied the Shanghai office of Australian forex brokerage Union Standard Group Forex (USGFX) and are holding several staff members hostage. Read more

FX Mower Review - Is it scam or good forex system?

Jul 21 2017 13:25:30 Jonathan Smith in Ea

 This will be a review of the FX Mower Expert Advisor. This system is interesting, especially given its recent results – it has achieved significant gains with having a negative pip balance. How is this done? Let’s see. Read more

Are women better traders?

Jul 21 2017 13:25:09 Jonathan Smith in Market

 The age-old gender inequality is not going away fast, despite the deliberate attempts to make companies give equal pay and the requirements that an X number of women sit on the company board.   The financial sector is one fine example of gender inequality in terms of numbers, at least. Read more

Grand Capital opens offices in South Africa, Nigeria adds Nigerian Naira as payment option

Jul 21 2017 10:04:03 Jonathan Smith in Brokers

 Forex, CFD and binary options broker Grand Capital has opened a third office in South Africa – in Johannesburg.   The other two are already operatin in the towns of Emalehleni and Polokwane. Read more

Trading Dilemma: Manual vs Automated forex trading?

Jul 21 2017 09:48:41 Jonathan Smith in Ea

Automation appears to be entering all areas of our lives – from home systems, which set the temperature for specific hours, driverless cars to even algorithms writing music.  In this article we will focus on trading automation, which is by no means a new concept. Read more

ASIC warns of 72Option, LCG clone

Jul 21 2017 07:45:45 Jonathan Smith in Market

 The Australian Securities and Investment Commission (ASIC) has updated its warning list of unlicensed entities with the addition of the binary options broker 72Option and a clone of the forex broker London Capital Group (LCG). 72Option, also known as Epic Ventures Ltd. Read more

Binary Options vs Digital Options

Jul 20 2017 14:07:23 Jonathan Smith in Market

The binary options industry continues moving forward. One of the rather new products which is available are the so called “digital options”. Though they may appear similar in nature to the classic binary options, there are several differences worth pointing out. Read more

MetaQuotes adds custom financial instruments to MT5

Jul 20 2017 11:06:41 Jonathan Smith in Software

 MetaQuotes Software, the developer of the popular trading platforms MetaTrader 4 and 5 announced it has added custom financial instruments to the latest version of MT5. Read more

Nadex terminates fee-free trading program

Jul 20 2017 10:49:04 Jonathan Smith in Brokers

Nadex, the CFTC-regulated binary options exchange of IG Group, has announced it is terminating its fee-free trading days program on July 21, at close of business. Read more

Are forex trading contests good for you?

Jul 20 2017 09:47:11 Jonathan Smith in Market

You may nor have heard about them, if you have been living under a rock, but there are many forex trading contests nowadays. They are offered by brokers, as a means to attract new clients. Read more

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