Submitted on Thu, 12/30/2021 - 16:30
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Trading this year was great for us and our clients.

The SpyFx team managed over 2000 new clients and managed 12.3 million in client's funds this year total profit gain was +419.81% (From the Main Account) this was for clients that traded with us without using a multiplier. the ones who did their outcome is higher depending on the multiplier factor.

By using a multiplier, the trader gets the capability to manage a position that's higher than the amount of funds at his disposal. For illustration, when opening a$ 100 deal and using an x5 multiplier your possible profit will be calculated as if you were investing $500. This option can turn out to be precious, especially when the direction of the future price movement can be directly predicted and vice versa.

Account Results

  • SpyFx Main Account is trading on EUR/USD, GBP/USD, USD/CHF
  • The Wining trading rate is 71% for the full year
  • average Monthly profit gain 16.54%+ Yearly gain 419.81%
  • Maximum Drawdown 15.21%

SpyFx Main Account is trading on EUR/USD, GBP/USD, USD/CHF

 

Submitted on Tue, 12/28/2021 - 18:00
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Each currency pair has its specific behavior and movement, as well as its nuances, which are recognized and understood by traders with sufficient experience in trading. In fact, by focusing on trading a couple of pairs you know well, it is possible to get a significant advantage in trading.

Beginners, once they open a terminal, either see nothing but EUR/USD, or trade all available pairs. We suggest that we take a short run through major currency pairs and note their characteristics. And at the end, you will find some handy tips on choosing the best forex pair.

 

What are the major currency pairs?

When talking about which currency is the best for trading, many experienced traders advise paying attention to the major currency pairs.

Major currency pairs are those consisting of the major, most liquid currencies, which are leaders in terms of the trading volume. So, what are the advantages of such pairs for trading?

The main advantage of these instruments is their high liquidity. On the one hand, it is advantageous in terms of spreads - these pairs have small spreads. That is why they can be easily and quickly sold with little or no loss of money. For trading styles, which imply active trading and plenty of positions during the day, small spreads are crucial.

On the other hand, high liquidity often means low volatility. This makes major pairs attractive to supporters of long-term trading. You do not have to worry that sharp price fluctuations will shake you out of the trade because sharp fluctuations are rare for these currency pairs. Of course, except for some crucial news and "black swans"

Above all, slippage is rare in positions with major currency pairs. And they will close faster.

Submitted on Tue, 01/14/2020 - 17:57
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Whether you’ve been trading for years or only starting now, you probably came across mentions of fully automated Forex trading software. The reason behind its popularity is pretty simple: automated trading is extremely convenient and allows traders to stay profitable without actually having to participate in the trading process.

Submitted on Mon, 01/13/2020 - 16:01
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If you are considering finding the most profitable Forex EA robot, you are most definitely on the right track. Automated trading has gained huge popularity over the last few years due to two very simple reasons: it’s convenient and it’s profitable. For traders who are just starting to get to know the complex world of currency exchange the amount of information to take in can seem tremendous. And the experienced market professionals sometimes do not get enough time to trade as much as they did back in the beginning.

Submitted on Mon, 01/13/2020 - 14:35
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You may have heard that with the right choice of an MT4 expert advisor Forex profitable automated trading is very achievable. Expert advisors have only been around for a couple of decades and gained real popularity within the past couple of years, but it is safe to say that the majority of Forex participants nowadays are, in fact, robots.