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Friday, August 30, 2013

Egypt, Syria and Forex

I decided to take the day off today as I needed a breather from everything at work and recharge my batteries. This basically means I work from home, but that is a different topic. I wanted to use today to discuss something very briefly or at least put the question out there and you guys to what you want with it.

I have had several discussions with forex traders and I was surprised how only a few realized the importance of developments out of Egypt as well as Syria. On one hand I was surprised of their utter lack of knowledge, but on the other hand I am glad they work for our competition and not on my trading floor.

While it is true that the Egyptian Pound as well as the Syrian Pound are not heavily traded currency pairs and most don’t even have access to them; that problems in Egypt as well as Syria won’t have an indirect impact on major currency pairs such as the EURUSD and GBPUSD as well as the USDCHF and USDJPY. Always keep in mind that the world is connected and what happens on one end of the world will ripple to the other.

Egypt is home to the Suez Canal which is a major transport route for crude oil and natural gas and should the terrorists, the Muslim Brotherhood, get a hold of the canal and either block it or damage it then the entire global oil market will feel a supply strain which will cause oil prices to spike and therefore have an impact on the consumer which drives almost 70% of all economic activity.

Furthermore, crude oil is used in plenty of other commercial products such as rubber and plastics that it will have a negative impact on other industry sectors which in turn will be evident in GDP figures. Weak GDP figures may alter how central banks interact and that can weaken or strengthen individual currencies and therefore impact major currency crosses in an indirect way.

Those who fail to realize and underhand that are nothing more than misinformed retail traders who claim to act in a professional capacity. I was laughing at the ignorance displayed by our competition which makes it even better for us as we have less people chasing the same opportunity and that is how money is being made.

Syria is equally important to the oil trade as their biggest ally Iran could shut the Strait of Hormuz which is responsible for over one-third of global crude oil traffic and therefore impact oil prices, consumers, the economy and currencies in a similar manner. Don’t be ignorant like our competitors and understand what could happen under different circumstances as your lack of knowledge is and will be directly reflected in your trading account.

Thursday, August 29, 2013

Muslim Brotherhood Leader Arrested

I am pleased to get an update out of Egypt which states that al-Beltagi, the secretary general of the Freedom and Justice Party, has finally been arrested and accused of violent crimes against the Egyptian people. I find it ironic that the terrorist network formed a political party with the nouns freedom and justice in it. The Freedom and Justice party is the political arm of the Muslim Brotherhood who nurtures ties to other terrorist networks like Hamas in the Palestinian territories.

According to the state-run news outlet Mena al-Beltagi will be help at Cairo’s Tora prison quoting an unnamed security official. I think it makes little sense to tell the Muslim Brotherhood where one of their key figures will be imprisoned as it is likely that the terrorists will try to free him by force. It appears that the information as leaked to the media by someone within the current government who is a sympathizer of the Muslim Brotherhood.

The tactics used by the Muslim Brotherhood are cowardly and while they claim they seek peaceful protests every intelligent person knows better. Those who support the terrorist network which hides behind freedom and justice and unites with a name like brotherhood, answer the following questions please:
  • When you were asked to leave peacefully over one week in advance, why did you not do so?
  • Why did you move your families into the camps and used women and children as human shields?
  • Why did you hide armed terrorists in the crowd you called peaceful?
  • Why did you kill security forces if you parade around like morons screaming peace everywhere?
  • Why are you uneducated and who is to blame for that?

Al-Beltagi was sought by authorities for over three weeks and during this time he made daily appearances in order to ensure the violent and deadly protests will continue. He is partially responsible for all the blood spilled in the streets of Egypt. I am glad that the new military-backed government will block this organization like it was before and it should force it out of the country. The Muslim Brotherhood caused nothing but terror and hardship.

They were invited by the new government to join and offered a seat at the table which they refused which clearly shows that they do not wish to be part of a better Egypt, they want to create a radical Islamist country where terror will reign on a daily base. It is good to see that at least half of Egypt is against it and wants to work hard to create a better country for all.

I think Egypt is vital for the region and I am glad the military protects the Suez Canal from the terrorists seeking to destroy the country. Egypt is full of opportunities and I am looking forward to the return of some stability in order to take advantage of those. There are plenty of companies on stand-by who will love to re-enter the country after the Muslim Brotherhood has been silenced.

Wednesday, August 28, 2013

US Aims for Iraq 2.0 with Syria

I have been in and out of emergency meetings as a direct result of the pathetic claims and conclusions made by the US government in regards to Syria. Without further notice and once again bypassing international law and procedures the US government under the lack of leadership by Mr. Obama has held the Assad government responsible for a chemical attack which killed over 1,300 and has not been inspected yet.

The US made the claims in order to support possible military intervention against yet another sovereign country without any legal grounds and most importantly based on speculations and not facts. A UN chemical weapons team is on the ground and will expect the side while US Minister of Defense Hagel sated that US troops are ready for a strike which is not only a moronic statement given how stretched the US military is while fighting on two fronts already, it is also against the recommendation of the Chairman of the Joint Chief of Staff which happens to be the highest general in command and is only outranked by the office of the President.

Since the White House currently operates without a constitutionally eligible President for five years, it makes General Dempsey the rightful commander in chief and the military should take his orders and not the orders of a President who should have never been in the White House the begin with. It now appears as if the lack of leadership will move forward against the advice of General Dempsey who called any military intervention idiotic and asked the White House not to put American troops at risk for no reason while urged Mr. Obama to expand humanitarian aid.

US diplomats also cancelled high level diplomatic meetings with Russian counterparts who asked everyone to keep a cool head and not over-react while stressing the importance of a peaceful and diplomatic solution with a proposed transition government. Russia has warned against military action and China has weighted in through backdoor channels and asked all parties not to jump to conclusions.

The US was idiotic enough to assume the Assad government used chemical weapons and it appears that only superpowers Russia and China were not fooled by the terrorists who have used chemical weapons against their own supporters in order to draw the US and several key allies into the war. The US was dumb enough to fall for it and France jumped right in after it as an unofficial war counsel was help where the US, key Western allies as well as remaining Arab allies met and discussed a military intervention in Syria.

The US is repeating the exact same mistakes it has made before the Iraq war and used wrong information as an excuse to start a war, for which it later apologized, but it was too late and Iraq is still in ruins and will remain so for a very long period of time.  

The world can’t allow the US and a few allies to ruin yet another country by using wrong and incomplete information to start a war and create an even bigger problem. While the civil war in Syria is terrible, it only lasted this long BECAUSE the US and allies are supplying the terrorists with assistance and now they want to enter with heavy weapons against a sovereign country because they were blinded by the truth.

The US sees what it wants to see and is blinded what actually is going on; if anything the Assad government needs to be supported in order to end this civil war and return Syria back to a stable country in the Middle East.

Monday, August 26, 2013

Exness Review

Today we will take a look at a forex broker who holds dual licenses, one in New Zealand and one in Cyprus, and who has been mentioned rather frequently; Exness. They claim to be designed by professional traders for other traders so let’s take a look at some of the key aspects about this forex broker.

Their web design, not a crucial factor at all, has its ups and downs and it would be nice to see Exness fix some of the flaws in order to better present and represent their brokerage. They offer three different account types; mini, classic and ECN and claim to have no re-quotes and automatic withdrawals.

They are very transparent with their management team which is a great way to start a new relationship with traders. The biggest problem is that they only offer MetaTrader 4/5 and have nothing else which is a disappointment especially for ECN traders.

Here is a quick overview of what you get with Exness
  • Spreads start at 0 pips on their ECN account, but commission is $25 per $1M traded
  • Spreads start at 0.1 pips on mini as well as classic account, but we are not sure how deep their liquidity is
  • Leverage of up to 1:200 on ECN and 1:2,000 on mini as well as classic accounts
  • No requotes
  • 53 currency pairs
  • Automatic withdrawals
  • 4 well known liquidity providers with good global coverage
  • Excellent order execution
  • Several awards by the World Finance Awards as well as other well-known institutions

Overall Exness is a solid forex broker and if they would care to add a different platform for their ECN clients this one could zoom right to the top in this category. Nothing was wrong that stood out and we give this forex broker two claws up; the Last Bear has roared!

Thursday, August 22, 2013

U.S. Feels Lack of Power

I am headed to our weekly conference where we discuss all important business matters such as the performance of our trading accounts, projects and political as well as economic developments which influence our business as well as investors. Only top management and senior aides attend the meetings and as I walk down the corridor I am greeted by our Chief Military Officer who has an update out of Washington.

Apparently it is a tough bite to swallow to see an empire crumble and being helpless on the sidelines with no real influence as most of the world still looks up to you for all the wrong reasons. There have been reports that the Syrian government used chemical weapons in an attack against western-backed terrorists which killed over 100 rebels plus their supporters. The Syrian government denies such allegations and claims it did not commit the atrocity.

Some old cowards in U.S. politics have not received the memo that there is nothing they can do and I am glad the General Martin Dempsey, the Chairman of the Joint Chief of Staff, noted his opposition to any involvement in Syria. His primary reasoning in a letter to Representative Eliot Engel, DemocRAT from New York, is that the terrorist the Obama administration seeks to support will not be friendly towards U.S. interests.

While the U.S. can borrow money from foreign governments and further plunge the U.S. into debt without seeking approval form taxpayers it will not yield any positive impacts. One small thing the old brass in the U.S. has forgotten is that Russia has deployed S-300, the world’s top surface-to-air missile defense system, across Syria. In addition it has manned all systems with Russian troops and the U.S. does not want to bear responsibility for even injuring one Russian soldier as it could escalate to start of World War III. Georgia made that mistake and was crushed, the U.S. does not want to go down that road and it can’t. Europe won’t assist the U.S. and will join the winning side in this conflict.

The Syrian government invited a UN chemical weapons team to visit three previous sites where the western-backed terrorists accuse the Assad government of using chemical weapons. It is the assumption of our CMO that the terrorists used chemical weapons which they stole from an arms depot against their own supporters in order to claim the atrocity and hope more involvement by the western countries which sponsor this civil war.

There are over 50 different terrorist groups and they are not working together. Engel, clearly an idiotic piece of waste, wants to use cruise missiles against Syrian air bases which again would jeopardize global peace. General Dempsey opposes this and said it would not benefit the U.S. and he is 100% right. Dempsey said that the U.S. could expand humanitarian efforts and it appears that he is the only one vocal out of the crumbling empire who wants to avoid World War III.

Right as we pass the first security checkpoint we are alerted that France has now joined the calls for a reaction with military force. I am not sure what is going on in Paris, but I see no reason to send in French surrenderers into Syria. Unfortunately there is widespread support for the terrorists and I am pleased that Russia and China are backing the Syrian government.

The only solution is to end all support for the terrorists and support the Assad government. All efforts should be made to resolve this matter as soon as possible and end the civil war. This is not accomplished by supporting the terrorists, but by assisting the Syrian government to get rid of this infestation.

All of those who support the terrorists’ responsible for the civil war in Syria, answer one question:

Would you support foreign governments sponsoring terrorism in your country?

I did not think so!

Wednesday, August 21, 2013

Israel strengthens military ties with Egypt

I know that news flows out of Egypt have been hard and heavy, especially since last week. I am pleased to hear that Israel strengthens military ties with Egypt for two reasons. My primary reason is that it increases security in the very volatile Sinai Peninsula where jihadist attacks as well as other terrorist activity has surged since July with plenty of murdered Egyptian security personnel. My second reason is that it once again shows that it does not matter if the U.S. supports a country or not as there are others who are happy to fill the void.

The U.S. wants to decrease assistance to Egypt as it should do as the country is broke and needs to borrow from other countries in order to offer assistance. In essence whenever the U.S. claims they will support a country or government it is really a matter of another country supporting them through the U.S.

The cooperation between the Egyptian military and Israeli Defense Forces is going great as both parties work towards the same goal which will benefit all. Egypt alienated other Arab countries after it signed a peace treaty with Israel after the Six-Day War. Egypt did not care what foreign allies thought about the move as they acted in the countries best interest.

The pullback from the U.S. is a very positive sign and it will allow Israel and Egypt to increase their cooperation. Israel already allowed Egypt to boost its troops in the Sinai Peninsula which is another sign that both countries are working together. Israel remains quiet about the much needed military crackdown on the Muslim Brotherhood, unlike the U.S. where Mr. Obama is allowed to ruin what’s in the best interest for the U.S.

Egypt is the strongest Arab ally the U.S. has, or better had, and the military under the leadership of General el-Sisi want to create a democratic, pro-western state rather than an Islamic nation which explains why he ousted the Muslim Brotherhood. The U.S. does not support that which shows the lack of leadership in the White House which operates without a constitutional president.

The Sinai Peninsula, bordered on one side by the Suez Canal, is also home to major natural gas traffic and after Hosni Mubarak was replaced by the Muslim Brotherhood there have been several bombings which damaged natural gas pipelines and had a big negative economic impact on Egypt. The Muslim Brotherhood fails to comprehend how the economy works and every Egyptian who calls himself intelligent should support the Egyptian military.

I am also pleased that Egypt closed its border crossing into the Gaza Strip which halted several communication as well as movement channels between the Muslim Brotherhood and its ally Hamas which is another terrorist network. I am glad Israel as well as Egypt are working closer together which also protects our business interest in the region.

Sunday, August 18, 2013

Muslim Brotherhood Ban

After following the developments in Egypt over the past two months and especially after the government decided to act and remove the trash from the streets the situation has heated up. As the Muslim Brotherhood build their encampments those cowards moved their entire families into the camps with them which means countless women and innocent children were used as human shields hoping security forces would not act.

After they were asked by the government to leave the Muslim Brotherhood refused to do so and now crossed another line as they have barricaded them inside a mosque. This just shows that this huge Islamist group has no values and shows no respect or understanding. General el-Sisi acted in the appropriate manner and after the Muslim Brotherhood was invited be join a new government they refused.

Give their actions and cowardly behavior the Muslim Brotherhood should be banned from public offices and labeled a terrorist network. Saudi Arabia, one of the key allies of Egypt, support their reactions to this this thread as the Kingdom tries to avoid the spread of the idiotic messages of the Muslim Brotherhood to other Gulf kingdoms.

Egypt has announced that it considers the option to dismantle the Muslim Brotherhood and force them underground. The fact that the Muslim Brotherhood first used women and children as a human shield and then invaded a mosque both show deep ties and maybe even deeper rooted ideologies shared with known terrorist networks.

Western media did a terrible job covering events in Egypt and should be banned as well as their negative propaganda and incorrect news reporting is not only extremely counterproductive, but also unnecessarily moronic. Either cover the news and show how the Muslim Brotherhood terrorizes Egypt or get the out and shut up. The Western media has done the same with developments in Syria.

The Muslim Brotherhood attacked a military convoy carrying their terrorist brothers to a prison and opened fire on them which left 36 dead as members of the Muslim Brotherhood tried to escape. They have done enough damage and the Egyptian military should use all necessary force to extinguish this fire started by this group of terrorists which has plagued the Arab world since 1928.

Friday, August 16, 2013

Egypt Finally Cracks Down on Muslim Brotherhood

Egypt has been going through several issues after the ArabSpring led to the Revolution in Egypt which lasted between January 25th 2011 and 11th February 2011. The end of the revolution resulted in President Mubarak announcing his resignation as he dissolved his government and asked Aviation Minister and former Air Force Chief Ahmed Shafik to form a new government while also appointing Omar Suleiman, former Egyptian General Intelligence Directorate Chief, as new vice president.

On February 11th 2011 President Mubarak officially resigned and turned power over to the Supreme Council of the Armed Forces. On June 30th 2012 Mohamed Morsi of the Muslim Brotherhood started his term as the 5th President of Egypt. The Muslim Brotherhood won the election which rang in a period of terrible events for the country.

Our main interests were with the security of the Suez Canal and we joined a narrow group of advocates who called on the Egyptian military to ensure the safety and security of the Suez Canal which we were ensured would not be at risk. The Muslim Brotherhood started to mismanage the country and people started to protest heavily against the reign of Morsi.

After several week of protest the military acted and ousted Morsi on July 3rd 2013 lead by General Abdel Fattah el-Sisi who was joined by opposition leader Mohamed ElBaradei as well as the Grand Imam of Al Azhar Ahmed el-Tayeb and Coptic Pope Tawadros II.

I can only applaud General el-Sisi for this coup d’├ętat as it finally rid Egypt from the short rule of the Muslim Brotherhood. Protests were organized by the Muslim Brotherhood and for six weeks they have occupied Ramses Square as well as Nahda Square and Tahrir Square and those cowards moved their families into their encampments and used them as human shields hoping security forces would stay away.

The military asked protesters to leave peacefully and gave them plenty of time and after those moronic cowards refused to leave the military finally moved in on Monday at 0700 hours local time and started to rid the streets of the trash which infested it for over six weeks.

Western countries have tried to interfere and I am glad that el-Sisi ignored idiotic calls from foreign governments and acted in the best interest of Egypt. The number one priority will be to stabilize the situation and work on a permanent resolution to the issues which plagued the country since the former kingdom was overtaken by the military and King Farouk was forced to abdicate and his son Fuad II became the last king of Egypt.

Maybe it’s time to think about a return of the king with support of the military. Prince Muhammad Ali is the heir apparent to the throne of Egypt and we suggest reinstating the royal family in order to get the country back under control, calm the Egyptian financial markets and ring in a period of calm, security and prosperity. 

Tuesday, August 13, 2013

PaxForex Trading Recommendations August 2013

PaxForex Trading Recommendations are published every day over at PaxForex and I want to bring them right to you as well. Follow them if you want to get on board and earn over 1,500 pips every month. Feel free to give your feedback and share your success stories here.

Monday, August 5th

Tuesday, August 6th

Wednesday, August 7th

Thursday, August 8th

Monday, August 12th

Tuesday, August 13th

GBPAUD Twin Resistance

Wednesday, August 14th

GBPCHF Second Take

Thursday, August 15th

CHFJPY Vulnerable

Monday, August 19th

GBPUSD Resistance Zone

Tuesday, August 20th

USDCHF Double Bottom

Wednesday, August 21st

EURUSD Double Top

Thursday, August 22nd

NZDUSD Twin Support

Monday, August 26th

USDCAD to Correct

Tuesday, August 27th

USDCHF at Support

Wednesday, August 28th

AUDJPY Final Call

Thursday, August 29th

AUDUSD Last Call

Total Profits: 1,165 Pips

Monday, August 12, 2013

August 2013 Hot Forex Trade

August 2013 Hot Forex Trade: USDJPY

Forex Outlook: Bullish Bounce into Descending Resistance

Entry Level: 95.50 - 96.00

Take Profit: 98.50 - 99.00

Stop Sell: 94.00 - 94.50

Second Entry Level: 92.50 - 93.00

XM Review

Today we will take a quick look at XM; a well-established forex broker regulated not only in one country, but in the following four:

  • UK
  • New Zealand
  • Cyprus
  • Germany
XM has been around for quite some time and continues to make changes in order to offer its currency traders the best they possibly can. They claim that they have improved the popular MT4 platform and made it faster and better primarily by offering no re-quotes and no rejections of orders which is very important.

Besides no re-quotes and no rejections, forex traders at XM will also be able to enjoy the following trading aspects:
  • Leverage of up to 1:888
  • 53 currency pairs
  • Tight Spreads
  • No hidden costs
  • Gold and Oil
  • Equity Indices
  • Market Analysis
  • Trading Recommendations
  • No Fees on Withdrawals
  • Safety of Funds

Overall, XM is a very solid and trustworthy forex broker. We would like for them to offer an ECN account and more non-forex assets to trade which is the major drawback. XM offers everything you need from a forex broker, but the lack the ‘wow’ factor to make them a standout from the crowd forex broker. Nice to have them in your trading repertoire of forex brokers; but not as your prime broker as it lacks the small thing that would make this one an exceptional forex broker. We give XM one claw up and one claw down; the Last Bear has roared!

Israel Approves 1,200 New Homes

After Israel saw four of its troops injured by a landmine inside Lebanon (4 Israeli Soldiers Hurt in Lebanon) it has now approved the construction of 1,200 homes in Jewish settlements located in the West Bank. Additionally Israel will release 26 Palestinian prisoners in order to continue peace talks, unfortunately led by the U.S., with the Palestinian territories.

Israel is set to meet with Palestinian negotiators later this week in Jerusalem after several months of no progress. I support the move by Israel as it is a sovereign country and free to build up real estate within Israel wherever it pleases.  Housing Minister Uri Ariel made similar comments as he announced plans to solicit construction bids for settlements in the West Bank as well as Eastern Jerusalem; Palestinians view both sectors as the core of their country which does not exist anywhere but in their minds.

Palestinians, misguided by ill-believes and wrong information, accuse Israel of war crimes in accordance to the Fourth GenevaConvention which is ludicrous. Only desperate and uneducated individuals would call the construction of a home in a country as a war crime. Palestinians pride them with the claim they won the West Bank in battle and it now belongs to them.

The West Bank as well as the Gaza Strip are part of Israel and Israel has the right to erect peaceful housing projects as well as military installations wherever in Israel they want. This remains a fact and if Israel decides to give part of their territory to the Palestinians than they will be their free choice. The creation of a Palestinian state could either assist peace and stability in the Middle East or escalate the situation and Israel needs to be careful. For now I am strongly against such a move until Hamas has been fully dissolved and denounced by Palestinians.

The release of the 26 Palestinian prisoners, 21 of whom have been convicted of homicide, drew sharp criticism as well as demonstration from family members of victims. The promised release of 104 prisoners over a multi-month period ensured peace talks could be initiated. I am strongly for a peaceful resolution, but Israel has the right to build homes in tis territories and is right not to bow to international pressures.
The West Bank as well as East Jerusalem were battle victories of the Israeli Defense Forces during the 1967 Middle Eastern War from Jordan. The war is also known as the Six Day War and Egypt, Jordan and Syria joined forces and were supported by Iraq, Saudi Arabia, Pakistan, Morocco, Algeria, Libya, Kuwait, Tunisia, Sudan and the PLO.

Israel crushed the belligerents and most of their armies and established itself as the prime military power in the Middle East and as one of the prime, if not the prime, military in today’s global arena. Israel has now the right to build what and where they want within its territories and annex them as part of Israel.

I look forward to construction projects and we stand by to provide potential financing for those projects should there be an opportunity. Terrorist networks such as Hamas and the people who support them need to understand that the path they have chosen does not lead to a peaceful resolution.

Wednesday, August 7, 2013

4 Israeli Soldiers hurt in Lebanon

We wrapped up July with decent performances in our trading accounts and boosted our forex trading activity. The Australian Dollar remains very challenging for the time being, but we expect a healthy August as equity markets are turning in our favor and our shorts are turning green already. We have a rather big project in the works and I am excited over it.

Speaking of challenging situations, I was just informed (as I type this) that four Israeli soldiers were wounded in Lebanon by a landmine. Israel borders Lebanon, as well as Syria, to the north and the border is highly guarded and very unstable at times. It is a real security concern for Israel.

The Iran backed Lebanese terrorist organization Hezbollah fought a war with Israel in 2006 which left 1,200 Lebanese and 160 Israelis dead. Israel has been the center of attacks my Islamic groups as well terrorists essentially since the creation of the Israeli state. I wish the four wounded soldiers a speedy recovery and trust they will return back to duty soon.

Israel offers tremendous business opportunities from their booming tech sector as well as military and energy sectors. Israel is a great partner to do business with and a bright spot in the Middle East. I am always looking forward to doing business with Israel.

I have to get back to the trading floor and put part of our portfolio to work. We need to raise the capital for our project and we do not believe in debt. We work with what we have and earn the money we need. This is the sensible way to operate a company, government or household. Unfortunately most do not grasp this and have it all wrong.

Thursday, August 1, 2013

Fx Pro Review

Today’s review takes a closer look at Fx Pro, a UK based broker which carved out a spot at the top of ECN brokers especially in the retail crowed. They are regulated in the UK and they make it very clear that residents from two countries are not welcome:

  • The United States of America
  • The Islamic Republic of Iran
I point this out as I want to show which path the U.S. has chosen and I applaud the UK for making sure that the wrong people stay out and are not serviced. Other trades can rest assured that an effective regulator makes sure funds are secure. The UK regulatory system may not be perfect, but works much better and effective than most of their western counterparts.

Fx Pro offers the popular ECN platform cTrader which is a great platform. It is a bit more complicated for traders who are used to the MT4 platform, which is also offered by Fx Pro as it is the most popular trading platform in the retail forex space, but it should not take long for sophisticated traders to get accustomed to a much better trading platform.

The Fx Pro cTrader Account has a minimum deposit of $1000 and offers leverage of up to 1:500 and zero spreads. A few other great attributes of Fx Pro are:
  • No Dealing Desk
  • No restrictions on stop orders as well as limit orders
  • Level II pricing and full market depth
  • Negative balance protection
  • Automated trading through cAlgo
  • 100% Agency Model
  • Advanced Trading Tools
  • Professional trading conditions
  • Security of client funds
  • Drag & Drop Technologies
  • Full Transparency
  • No price manipulation
  • Anonymous order execution
  • No conflict of interest

Overall Fx Pro is one of the best outlets for your forex portfolio in the retail space and should be part of every traders group of brokers they use. Fx Pro offer small portfolios the chance to operate like a professional portfolio which makes this a top destination for serious forex traders. We give Fx Pro two claws up; The Last Bear has roared!