FXOpen – FXOpen.com

Changes to Australia Day Trading Hours



Dear Traders,
Due to the upcoming Australia Day celebrations on Tuesday, January 26th, 2021, you will experience the following change in the trading hours schedule:

Thursday, January 26th

• Indices CFD:
  
  • Australia 200 (#AUS200) – trading starts at 08:10 AM (GMT +2).

All other financial instruments will be traded as usual.

Please consider these changes when planning your trading next week.

FXOpen Company News

TickTrader Trading Platform



TickTrader is a brand-new trading platform, which allows clients to trade five of the most popular asset classes — forex, stocks, commodities, indices, and cryptocurrencies via one trading account. A special trading account, TickTrader ECN, has been designed for trading using TickTrader platform.

As a trading platform, TickTrader pursues one goal: helping users to become profitable. It is easy to adopt and use, but besides being user-friendly, TickTrader boasts comprehensive functionality that ensures it meets the multitude of requirements from every type of trader, from beginner to institutional.

TickTrader Key Features

• TickTrader Terminals. Use TickTrader Desktop Terminal, or install the special version of TickTrader Mobile Terminal on your iOS or Android device, or trade direct from any browser via TickTrader Web Terminal.
• Highly customizable user-friendly interface. Personalize each single panel settings as well as the whole workstation entirely: a trader can easily create trading layout using a wide range of options and preferences.
• Advanced technical analysis tools. Take full advantage of ready-made various traditional indicators or make your own and add them to your account.
• One/double click trading mode. This tool is designed for traders who are looking to make profits of rapidly moving markets, or want to try high-frequency trading and/ or scalping and do not intend to lose a second on waiting. The orders are placed immediately.
• Level 2 pricing. Venture the market depth with up to 200 levels and the ability to see your limit orders inside the order book.
• Trading alert system. Customize your alerts and then choose how you receive the notifications.
• Detailed charting system. Descriptive charts allow a trader to draw and see volumes, trades, and set up alerts.
• Strategy back tester. Test and evaluate your trading strategies using past pricing and liquidity. You can then use the analytics to run your algo-trading strategies and EAs.

What TickTrader has to offer?

Now you can manage both margin and deliverable trading directly through the platform or via a FIX, REST, or WebSocket API. You can also fully adjust your workspace to suit your needs — a new intuitive user interface and more than 1200 advanced trading tools deliver a fully customizable trading experience. Level 2 data, heat maps, and backtesting are just some of the extensive trading tools offering sophisticated data analysis on the TickTrader platform, designed to help FXOpen clients create successful trading strategies.

You can also make use of all the opportunities offered by advanced order types — Market orders, Limit Orders, and Stop Orders. There are also several advanced settings for these order types the platform has to offer: volume units (lot or quantity), stop levels, and slippage settings.




FXOpen Company News

ForexCup Trading Championship 2021, a contest for traders to win $50,000, is now live!



FXOpen, a trusted global CFD and Forex broker is proud to announce the launch of the ForexCup Trading Championship 2021. The contest with the main prize of $50,000 runs from January 1 to December 31, 2021, and is available to all traders with active FXOpen accounts.

The ForexCup Trading Championship is a one-of-a-kind contest designed to engage investors, traders, and portfolio managers in fair and reliable global competition. For an entire year, participants will compete for the title of the best and for a hefty cash prize of 50,000 U.S. dollars, which will go to whoever demonstrates the most profit at the end of the year 2021.

• The contest is available to anyone who has an active FXOpen ECN account. The only requirement is to have a minimum trading deposit and follow the contest rules.
• Participants can choose any instruments available within their jurisdictions: spot FX, Index, Commodity, Stock, Metal or Crypto CFDs.
• Three personalized crystal trophies are prepared for the first three places, and the trader who takes the first place will receive a cash prize of $50,000 without any additional conditions.

Forex Trading Championship is a brand-new name among other trading competitions, but it has a big legacy. With the support of renowned partners, including global Forex and ECN broker FXOpen, the championship provides an opportunity for you to compete with the best and put your trading strategies to the test!

“We launched the ForexCup Trading Championship to provide our clients the unique opportunity to test not only themselves but to measure and compare their trading skills against their peers, to take the coveted position of Top Trader. Ultimately, we hope this will identify and inspire the next generation of Forex enthusiasts,” Gary Thomson asserts, the Chief Operating Officer of FXOpen UK.

Anyone interested can sign up now or read more about Forex Trading Championship rules and philosophy here.

FXOpen Company News

Guess the currency rate and get money!



We are continuing a series of contests among our subscribers.

This week we will give away $50 to those, who will provide the closest forecast for the XTI/USD pair.

Full Details about the Contest on the FXOpen official page Facebook

Trade Cryptocurrency with FXOpen - Crypto 10 Account

Dear Traders,

Trade Cryptocurrency with FXOpen - Crypto 10 Account, where you can access high leverage, low cost cryptocurrency trading from as little as $10.





Read Full on FXOpen Company News...

10 Best Forex Trading App in 2021



The foreign exchange market is fast-moving, ever-changing and highly competitive. It’s the world’s largest market with a turnover of over $5 trillion per day. A trading platform is a core instrument that lets investors and traders open, manage and close market positions. Nowadays, it’s easier to get access to real-time updates on Forex anytime and anywhere thanks to the increased availability of mobile Forex trading apps. Their major strengths are high efficiency, low-performance requirements, and ease of use.

Read Full on FXOpen Company Blog...

Trading hours schedule on February 12th and February 15th



Dear Traders,
Please note that due to the celebration of Lunar New Year's Day in Hong Kong on Friday, February 12th, 2021 and US President's Day on Monday, February 15th, trading hours for some financial instruments will be changed as follows:

Thursday, February 11th, 2021

• Indices CFD:
  
  • Hong Kong 50 (#HSI) – trading starts at 03:15 and ends at 06:00.
  
  All other financial instruments will be traded as usual.

Friday, February 12th, 2021

• Indices CFD:
  
  • Hong Kong 50 (#HSI) – trading closed.
  
  All other financial instruments will be traded as usual.

Monday, February 15th, 2021

• Spot commodities CFD:
  
  • Gold (XAUUSD) – trading ends at 20:00;
  • Silver (XAGUSD) – trading ends at 20:00;
  • US Crude (XTIUSD) – trading ends at 19:45;
  • US Natural Gas (XNGUSD) – trading ends at 19:45.
• Indices CFD:
  
  • Japan 225 (#J225) – trading starts at 23:00 on Sunday and ends at 18:00 on Monday;
  • US SPX 500 (#SPXm) – 23:00 Sun – 18:00 Mon;
  • US Tech 100 (#NDXm) – 23:00 Sun – 18:00 Mon;
  • Wall Street 30 (#WS30m) – 23:00 Sun – 18:00 Mon.
• Stock CFD – trading closed.
  All other financial instruments will be traded as usual.

Please consider these changes when planning your trading activities next week.

FXOpen Company News

Trade Crypto and Stocks CFDs from one ECN account!



Dear Clients,

FXOpen is happy to announce that we have made our trading environment even more efficient and convenient for you! Clients with ECN accounts who trade on MetaTrader 4 and MetaTrader 5 platforms can now trade crypto and stocks CFDs from one ECN account. Available leverage for Stocks CFDs is 1: 5, for Crypto CFDs is 1: 3.



We now offer popular stocks among traders such as Apple Inc., Walt Disney Co., Bank of America Corp., Coca-Cola Co. and others, as well as the most popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple. There are more than 100 new instruments available for trading on the MT4 and MT5 platforms. Learn more….

We would also like to inform you that clients who trade on the TickTrader platform now have access to even more trading instruments - over 600 CFDs on the most popular stocks and cryptocurrencies.




FXOpen Company News

January 2021 TOP 10 PAMM Accounts Overview



January and New Year’s holidays are over, and the daily routine goes on. Now it is important to achieve stability when investing your savings. February is not a long month by the number of days, and the main challenge is to choose the right investment portfolio so that PAMM managers can show a positive result in such a short period. Read about how FXOpen top PAMM managers performed in January 2021 in our latest review.

Read Full on FXOpen Company Blog...

Gold Price Extends Decline, Oil Price Trimming Gains



Gold price struggled to clear $1,850 and started a fresh decline below $1,800. Crude oil price traded to a new multi-month high at $62.21 before starting a downside correction.

Important Takeaways for Gold and Oil

• Gold price failed to gain momentum and declined below $1,800 against the US Dollar.
• There is a key bearish trend line forming with resistance near $1,795 on the hourly chart of gold.
• Crude oil price traded to a new multi-month high near $62.21 before correcting lower.
• There was a break below a major bullish trend line with support near $61.20 on the hourly chart of XTI/USD.

Gold Price Technical Analysis



Gold price failed to clear the $1,850 and $1,855 resistance levels against the US Dollar. As a result, there was a fresh decline below the $1,825 and $1,820 support levels.

The price gained bearish momentum below the $1,800 support and it even settled well below the 50 hourly simple moving average. It traded as low as $1,760 on FXOpen and it is currently consolidating losses.

An initial resistance on the upside is near the $1,775 level. It is close to the 23.6% Fib retracement level of the recent decline from the $1,826 swing high to $1,760 low.

The first major resistance is near the $1,780 level or the 50 hourly simple moving average. The next major resistance is near the $1,795 level. There is also a key bearish trend line forming with resistance near $1,795 on the hourly chart of gold.

The trend line resistance is close to the 50% Fib retracement level of the recent decline from the $1,826 swing high to $1,760 low. Therefore, the price might struggle to clear the $1,795 and $1,800 resistance levels in the near term.

On the downside, the first major support is near the $1,760 level. The next major support is near the $1,750 level. Any more losses might call for a move towards the $1,720 support level.

Read Full on FXOpen Company Blog...