Feb 182010
 

List of few Forex brokers, who are registered with NFA:

ACM USA, Advanced Markets, Alpari (US), ATC Brokers, AVS Carter, Boston Merchant Financial, Capital Market Services – CMS Forex, CitiFX Pro (Citigroup), CFOS FX, Cobra Trading, Easy-Forex, eToroUSA, FastBrokersFX, Forex Club, Forex Systems, LLC, Forex.com – Gain Capital Group, FX Solutions, FXCM, FXDD, GFT – Global Futures & Forex, HotspotFXi, IG Markets, IKON Global Markets, IKON Global – Royal Division, Interactive Brokers, Interbank FX, Lightspeed Financial, MB Trading, MG Forex – MG Financial, OANDA, ODL Securities, PFGBEST, Rosenthal Collins Group, Spot Trader FX, The Traders Guide, thinkorswim, TradersChoiceFX, TradeStation Securities, UFXBank

National Futures Association (NFA) is the industry-wide self-regulatory organization for the U.S. futures industry. NFA’s mission is to provide innovative regulatory programs and services that ensure futures industry integrity, protect market participants and help its Members meet their regulatory responsibilities. NFA’s activities are overseen by the Commodity Futures Trading Commission (CFTC), the government agency responsible for regulating the U.S. futures industry.

Feb 142010
 

By: Nial Fuller

Risk management is a topic that many forex traders do not take seriously enough. In fact, risk management is probably the single biggest factor that is over looked amongst forex traders and this is the biggest reason why 95% of them fail to make money over the long term. The reason that so many traders ignore managing their risk or developing a risk management plan is simply because they don’t feel like they need to. Many forex traders think that their system or their trading method is so accurate that they don’t need to manage their risk because they believe they will win on a very large percentage of their trades. The truth is that this is a false belief and it is simply emotional trading and illogical thinking as a result of fear and or greed. Professional forex traders understand that at best they will win on 60-70% of their trades, they understand they will lose on any where between 30-50% of their trades. If you knew you were going to lose something 50% of the time why would you not manage your risk? The simple answer is because novice forex traders do not understand the concept of position sizing and they are trading based off emotion.

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Feb 022010
 

Forex Market Hours shows the ‘market hours’ of the major Foreign EXCHANGE markets. The major markets are London, New York, Tokyo and Sydney. There are some benefits in knowing the ‘trading hours’ of ForeX markets:

1. The first hour after a major market opens is considered very important and often indicates how the session might develop.
2. In periods when market ‘trading hours’ overlap, liquidity tends to increase as more traders participate in the FX market.

NYSE

New York Stock Exchange
Currency: USD

(US Dollar)

London

London Stock Exchange
Currency: GBP

(British Pound)

Tokyo

Tokyo Stock Exchange
Currency Traded: Yen

The Tokyo Stock Exchange is the largest stock exchange in Japan.

Sydney

Australian Stock Exchange

Currency: AUD

(Australian Dollar)
The Australian Stock Exchange, or ASX, is the primary stock exchange in Australia and was formally founded in 1987.