Forex Broker List

As forex trader, choosing a forex broker company is the important part because if we deposit our money in scam forex broker company, we can't withdraw the profit from our trade or even we can't withdraw our initial deposit from that company. 

So in order to help other traders to find reliable forex broker, I will make a list about forex broker company and I will also make a review about that company. This list based on my personal experience with them and I will not put scam forex broker company in my list.

Maybe you will find some complaints about any forex company in my list if you do google search, it's normal because it's big company with thousands clients so sometime it also have a problem with their clients. In some case I can see if the clients are trying to cheat the forex company, you will recognize it if you read the problem until the end. As long as you are not trying to cheat them, usually your problem will be solved.

Note:
In my review you may found a link to join that forex broker company, if you want to make long term profitable partnership with me, you can join through that link. I will help you regarding forex, including to help you solve the problem (if you have any problem later), sharing about my forex knowledge, trading strategy, and many more. As additional information, in some forex broker company, you will also get the bonus by join through my link so better you check it out.

If you have any problem to find the forex broker list, you can use the link below.
http://aboutforex101.blogspot.com/search/label/Forex Company

Passive Income From Forex

Most of peoples making investment to get passive income, they are investing in property, stocks, jewelry, and many more. How about investing in Forex? As you know there is a risk to losing money in forex if we trade by ourselves, we may lose money if we trade without money management or if you still lacking trading experience.

In other side, forex also offers high profit return if it compared with other business. So, the solution for this problem is simple, just let professional trader to trade with your money. In this way you can share the profit with them and you can get passive income from your investment.

PAMM (Percent Allocation Management Module)
Investing in PAMM account will give multi benefits for trader and investor. For forex trader, with PAMM account they can use 1 account to receive investment from a lot of investors at the same time. And for investors, they can choose the best trader to invest by comparing PAMM trader, they also can monitor their investment in real time by login to their forex account.

Forex Copy
Forex Copy is 1 of instaforex feature, with forexcopy system, you can copy the trade from another trader so if the trader that you copy are getting profit, you will also get profit from copying trade. The best feature in forexcopy is you can set the risk by adjusting the copying ratio, if you trust the trader, you can set higher ratio so you can get more profit.

ZuluTrade
Zulutrade is a signal provider service, with zulutrade service, the investor can follow signal from professional forex trader automatically. Zulutrade are supporting a lot of forex company so we can use this service with our favorite forex company.

Later I will update my blog with top PAMM from a few of Forex companies, forexcopy, and zulutrade. So don't forget to bookmark this blog to keep updated.

Forex Tool

Making a consistent profit in forex is not easy and some of people losing their money in forex because they are unprepared. With forex tool, making profit in forex will be easier, as long as we trade carefully and using money management. There are 3 forex tool which can help us to trade, it's forex indicator, forex script, and Forex EA (Expert Advisor).

Forex Indicator
Forex indicator is a forex tool which is can be used to find a good entry to open positions in the market. Sometime forex indicator will show fake signal due the market volatility, but most of forex traders can handle the fake signal from forex indicator by comparing the signal from 2 or more forex indicator. You can find my Forex Indicator article by clicking this link

Forex Script
There is a lot of forex script type out there and I can't make a full list about all of forex scripts. But as a forex trader, my favorite script is a script to close all positions, script to close all buy, script to close all sell, script to close profitable order, and script to clear object and label in my chart. All of forex scripts only work once, and we will need to attach it again when we want to use it again. You can find Forex Script article in this blog by clicking this link

Forex EA (Expert Advisor)
Forex EA or Forex Expert Advisor is a special script which will help forex trader to trade automatically. By using Forex EA, we can adjust a lot of instruction about when to open order, when to close the order, when to stop trading, when to use stop loss or take profit. Basically, EA is an artificial trader, and the EA quality will depend on the EA builder. You can find Forex Script article in this blog by clicking this link

About Forex pairs and Pairs Classification

Forex or Foreign Exchange Market is a global market of international currency and in Forex, a currency will be traded against another currency like EURUSD, GBPUSD, EURGBP, USDCAD, AUDUSD, NZDUSD, USDCHF, USDJPY, we call it as currency PAIRS.

For the example EURUSD (Euro value against USD) value is 1.2500, so it means €1 is equal to $1.25 (USD), that's how to read EURUSD value.

Forex Pairs Classification
In Forex, the currency pairs divided based on the volume of supply and demand it's major pairs into 3 categories which is major pairs, crosses pairs, and exotic pairs.

Almost all of Forex trader usually like to trade with major pairs, it's because major pairs give them less spread so it only need a few pips to get break even. Here is major pair list:
EURUSD (Euro against US $)
GBPUSD (Pound sterling against US $)
EURGBP (Euro against Pound sterling)
USDCAD (US $ against Canadian $)
AUDUSD (Australian $ against US $)
NZDUSD (New Zealand $ against US $)
USDCHF (US $ against Swiss Franc)
USDJPY (US $ against Japanese Yen)

For traders who like more challenge to get more profit from their trade, they may use crosses pairs because sometimes it can be more volatile than major pairs. Crosses pairs are the other combination of the major pairs, and here is crosses pairs list:
- EURCHF (Euro against Swiss Franc)
- GBPJPY (Pound Sterling against Japanese yen)
- AUDCAD (Australian $ against Canadian $)
- NZDCAD (New Zealand $ against Canadian $)
- EURJPY (Euro against Japanese Yen)
- GBPNZD (Pound Sterling against New Zealand $)
- EURJPY (Euro against Japanese Yen)
- Etc.. (The combination from EUR, GBP, USD, AUD, NZD, CHF, JPY, CAD)

And the last classification is exotic pairs, usually it's the combination of major currency with another currency which not listed in major pairs or exotic pairs, for example:
- AUDMXN (Australian $ against Mexican Pesos)
- AUDSGD (Australian $ against Singapore $)
- EURHKD (Euro against Hongkong $)
- EURZAR (Euro against South Africa Rand)