Hello and welcome to our review of forex timeor effects T.
as most of you will know the company is a global company that offers financialtrading and various types of trading accounts you can see pretty in-depth Web site.
Go ahead click on the trading account comparisonand you can see there's live and devil accounts as you would expect anywhere else.
The standard accounts standard which is yourtypical forex leverage and margin requirements from 1 to 1000 to 1 to 25.
Now ban's going to depend on the instrumenttraded obviously more exotic forex pairs for example will have lower leverage.
The euro dollar obviously offered a lot more.
You can have live demo in the standard theSenate account.
So micro account in the shares account.
Now the shares account is used for tradingU.
shares CFD and the like.
So certainly a little bit different and youcan see the ECM accounts.
Over here have different trading conditionsas well.
There's the empty four empty five etc commissionon an easy an account can be two dollars per lot.
There is a minimum deposit that's a littlebit higher on the ECM accounts as you would expect.
Two hundred dollars for example on the easyand zero account which is a commission less trading account.
But it does have a higher spread.
You can see for example that the typical ECMaccount can be as little as one tenth of a pimp.
Then you play pay two dollars a lot preside.
So pretty standard stuff here but it givesyou plenty of flexibility.
There is the pro account.
This is meant more for institutional traders.
Minimum deposit of twenty five thousand dollars.
We do have spreads from 0 and no commission.
But obviously that's not going to be for mostpeople that's more for again for institutional types.
So one of the things that you would talk aboutright away would be initial deposit when you open up the account you can start with aslittle as five dollars.
In the Senate account and it goes like I saidup to twenty five thousand and beyond.
Again the spreads in commissions will vary.
You have commission free and the standardand ESPN has commission unless of course you're talking to zero floating spreads are offeredby the broker in the ESPN as you would expect as well.
The market definitely can widen up.
But that's nothing new to anybody who's everworked with an ECM.
That's not the broker doing that.
That's the liquidity provider.
So with the commission the way it works outis if you have link.
Let's just say you have an ESPN account thatis an entry empty for account.
OK so you have two dollars per lot your spreadcan be point zero four and the euro is a typical spread.
You pay two dollars one way and then you closeout the trade and you play pay the two dollars the other way.
So that works out to about Point eight pipsfor a complete round turn on a light very competitive spread to say the least.
Now leverage at Forex time is strong likeI said it from 1 to 1000 to 1 to 25.
Now I would also point out that leverage ona shares account.
This would be one to ten.
Now this would not only be CFD on U.
stocksbut it would be cryptos and the like so that of course is a much more volatile market.
You don't really want to get too highly leveredover there.
It is a multi tiered broker that i's officesaround the world and is regulated and national regulatory bodies such as the FCA and theUnited Kingdom Cyprus.
PSI SEC and some of their peripheral companiesare regulated in places like South Africa just depending on where you're coming from.
The company was founded in 2011 by one ofthe co-founders of our party.
So certainly there is a lot of experienceand expertise in the market.
The range of instruments.
Now this is truly where they shine more thananything else in my personal opinion is because they offer quite a bit of possibilities whenit comes to trading Forex.
There's all the majors that you would expectobviously miners like the Aussie Swiss but you also get down to the exotics like theeuro Hong Kong dollar the Swiss franc polish the lady.
This gives you the ability to trade the worldin the currency markets quite frankly and beyond that once you get past currencies thereare spot metals.
So there's gold and silver in the pound euroand dollar there's U.
shares and this is basically for the share account and it's essentiallyCFD traded with pricing based upon the New York Stock Exchange and the Nasdaq offeringsand there are just a ton of these obviously spot commodities you can do energy tradingnat gas and two forms of crude the indices are all of the majors that you would expectand if you know many Wall Street and the like this is based on indices trading and of coursecryptocurrency you have the four largest crypto currencies in trading you know a ripple likegoing to theorem and bitcoin so quite a bit of added trading ability here and that's importantthese days because the financial world is so.
Connected in different places.
So for example you can short the New Zealanddollar but at the same time buy crude oil or you buy the DAX and there are opportunitieseverywhere and certainly this gives you an opportunity to take advantage of that.
We do have market analysis available at thissite pretty in-depth daily and quarterly and then it's got a huge educational section sothat of course is a major benefit.
Again regulated offers plenty of extras forX times been around for several years now.
It's a well versed trading partner and isused by a lot of traders around the world.
So certainly we're taking a look at.