Does anyone use rfx easytrade for forex

Is forex trading profitable?

Forex trading is perhaps one of the most volatile and rapid markets where people can make profits in comparatively shorter periods of time. Making profits in forex is a matter of research and understanding of foreign policies as well as consistency.

Are there any young millionaires in forex trading?

There are a number of forex traders with inspiring stories who started out at a young age and became millionaires surprisingly early on in their lives. Here are the stories of the ten youngest forex millionaires.

Who are the most famous forex traders in South Africa?

Sandle Shezi is one of the most prominent names in forex trading in South Africa and his entrepreneurial spirit can be seen from his early days. As a teenager in school, Shezi began to sell muffins to make money while studying. Later, he moved to a clothing business and kept using his profits to trade in the foreign exchange market.

How did Wayne Gavaskar start forex trading?

Wayne started forex trading when he was just 16 years old, while he was selling SIM cards to make a living. Wayne made his first million at the age of 19 and became a billionaire in another three years. He is now a prominent figure in the field of forex trading in South Africa and around the world.


Which forex pair is best for trading?

The Best Forex Pairs to TradeUSD to EUR. One of the most widely-traded currency pairs in the world, USD to EUR, is a shortened way of saying “conversion of United States dollars to euros.” … USD to JPY. … USD to CAD. … GBP to USD. … USD to CHF. … AUD to USD.


Which indicator is best for forex?

Top 10 Forex Indicators That Every Trader Should KnowMACD.Bollinger Bands.Stochastic.Ichimoku Kinko Hyo.Fibonacci.Average True Range.Parabolic SAR.Pivot Point.More items…•


Which currency pair is most profitable in forex 2021?

Here’s a look at six of the most tradable currency pairs in forex.EUR/USD. YinYang/Getty Images. … USD/JPY: Trading the “Gopher” The next most actively traded pair has traditionally been the USD/JPY. … GBP/USD: Trading the “Cable” … AUD/USD: Trading the “Aussie” … USD/CAD: Trading the “Loonie” … USD/CNY: Trading the Yuan.


What is the safest currency pair to trade?

List of Top 10 Stable Currency PairsEUR/USD. The EUR/USD currency pair takes the largest portion of the overall trading volume. … GBP/USD. GBP/USD is another heavily traded currency pair. … USD/JPY. USD/JPY is the second most traded currency pair. … USD/CAD. … AUD/USD. … USD/CNY. … USD/CHF. … GBP/JPY.More items…•


Do professional traders use indicators?

Professional traders combine market knowledge with technical indicators to prepare the best trading strategy. Most professional traders will swear by the following indicators. Indicators offer essential information on price, as well as on trend trade signals and give indications on trend reversals.


What is the most accurate technical indicator?

The Moving-Average Convergence/Divergence line or MACD is probably the most widely used technical indicator. Along with trends, it also signals the momentum of a stock. The MACD line compares the short-term and long-term momentum of a stock in order to estimate its future direction.


What is the most volatile forex pair?

The most volatile currency pairs are “exotics,” although few traders choose to trade them because of their unpredictability and high risks. Less but still volatile are AUD/JPY, AUD/USD, EUR/AUD, NZD/JPY, GBP/AUD, GBP/NZD. The least volatile currency pairs are EUR/CHF, EUR/USD, AUD/CHF, USD/CHF, EUR/CAD, etc.


What is the easiest currency pair to trade?

What is the Easiest Currency Pair to Trade? EUR/USD is not just the easiest, but also the most stable currency pair to trade. It is the best choice not only among beginners but also for professional traders. This is one of the most traded currency pairs due to tight spreads and liquidity.


What is the cheapest currency pair to trade?

Low Spread Currency PairsEUR/USD pair, spreads from 0.1 pips! Spread / Daily Range = 1.5% (the lower the better) … USD/JPY, the second lowest spread pair. Spread/Daily Range = 2.1% … GBP/USD, a low spread pair that moves! Spread/Daily Range = 2.0% … USD/CHF, low spread – high stability. … EUR/JPY, non-USD pair with low spread.


Which currency pair is most profitable?

The Best Forex Major Currency PairsEUR/USD: The Euro and US dollar. … USD/JPY: The US dollar and Japanese Yen. … GBP/USD: The British pound sterling and US dollar. … USD/CHF: The US dollar and Swiss Franc. … AUD/CAD: The Australian dollar and Canadian dollar. … NZD/USD: The New Zealand dollar and US dollar.More items…


What is the most unstable currency?

The most volatile currenciesNorth Korean won,Indonesian rupee,Venezuelan bolivar,Iranian rial.and others.


How do you win forex every time?

Traders will do well to keep in mind the helpful tips to winning forex trading revealed in this guide:Pay attention to pivot levels.Trade with an edge.Preserve your trading capital.Simplify your market analysis.Place stops at genuinely reasonable levels.


What is EasyTrade?

EasyTrade is a trading name used by the Estonian company that offers a high-tech trading platform and provides a gateway to the world’s top financi…


Is EasyTrade legit or a scam?

No, it is not safe to trade with EasyTrade. EasyTrade has received negative responds and reviews from the traders, while the complaints were concer…


What is EasyTrade minimum deposit?

EasyTrade minimum deposit for all account holders is US$250


What trading platforms does EasyTrade offer ?

EasyTrade offers its own web trading platform


is EasyTrade regulated

EasyTrade is not regulated. EasyTrade is not regulated by any of the authorities that supervise the operation of the forex brokers and submit a rel…


What is FP market?

EasyTrade is a trading name used by the Estonian company that offers a high-tech trading platform and provides a gateway to the world’s top financial markets including CFD trading, currency pairs, stocks, commodities, indices, and cryptocurrencies.


Is Easytrade regulated?

First of all the EasyTrade is not regulated by any of the authorities , that supervise the operation of the forex brokers and submit a reliable level for them to operate.


What is Easytrade platform?

EasyTrade uses a web based trading platform, which is overly simplified and lacks lots of features, supported by well-known platforms like the MetaTrader4 (MT4). For example, this platform has no technical analysis indicators, nor the automated trading option via EAs. Here is a preview:


How much is the withdrawal fee on Easytrade?

A withdrawal fee of 0.5% is charged on all other withdrawals. In the event that this percentage equals an amount of $30 or below, the trader will be charged a standard $30 withdrawal fee. There is also a monthly maintenance fee of 7.50 (USD, GBP, EUR), and a Profit Clearance Fee:


How many pips is the spread on EUR/USD?

When we logged into EasyTrade’s platform, we saw that the spread on EUR/USD is fixed at 4 pips, which is at least two times higher than what most brokers offer. For futher information, you can compare the spreads provided by some of the top-rated forex brokers, in real-time.


Is Easytrade a scam?

Overall, EasyTrade’s offer is not that attractive. It provides trading in wide range of financial instruments with high leverage, but the cost of trading are very high, both in terms of spreads and additional fees. What is worse, the broker is not properly regulated and might be a scam .


RECOMMENDED FOREX BROKERS

Diversify! We recommend you to open trading accounts with at least two brokers.


Easy FX Trade Advantages

We usually try to be objective and list both the strong and weak sides of any financial services provider. Yet, in the case of this broker, we could not find anything to fill out this section with. Easy FX Trade is just a clone fake website that even does not function properly.


Easy FX Trade Disadvantages

The broker claims to be owned and operated by Easy FX Trade Limited, a company allegedly authorized by the Financial Conduct Authority (FCA), registration No. 502635. The problem is that this registration number belongs to Hantec Markets Limited, which operates Hantec Markets.


Conclusion

It is obvious that Easy FX Trade runs a fraudulent scheme – it tries to mislead investors it is a legitimate broker by illegally using the FCA registration number of Hantec Markets as well as a website that clones bona fide the webpage of Hantec.


Is EasyTrade Safe And Regulated?

EasyTrade is a brand owned by Easy Trade Markets Ltd, allegedly based in Australia. It implies the company needs an ASIC regulation for legal providing financial services. Once we’ve checked the Australian authority body register, we found no EasyTrade broker.


EasyTrade Login Problems – The Sign Of A Scam

Traders listed EasyTrade login issues as one of the biggest problems they are facing. After they submit a withdrawal request, it happens that they can no longer access their trading accounts.


Negative EasyTrade Reviews – EasyTrade Cleaned My Deposit

Based on EasyTrade reviews, another big issue is that clients never see their deposits. It happens that they speak to the broker’s employees, provide their credit card information and get the message from the bank that money has been deducted, but it never appears on the trading account.


Supported Trading Platforms – Available Trading Software

The only good thing we’ve seen is the EasyTrade trading platform. The broker offers MT4, the most eminent trading software and favorite among investors. It has the widest choice of charts and indicators, as well as the most advanced trading features.


EasyTrade Trading Instruments – What Can I Trade?

It seems that EasyTrade decided to focus on several assets instead of being all over the place. Clients can access only 3 markets, including:


Scammed By EasyTrade Broker? – Talk To Our Recovery Experts!

To sum up, Global Fraud Protection recently helped a vast number of online trading scam victims get their funds back. Contact us via online chat to tell us what happened, and let’s start working on your dispute.


What Is EasyTrade, And Should I Invest Money In It?

Actually, it is Forex and CFD online trading provider without a license.


RECOMMENDED FOREX BROKERS

Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


EasyTrade regulation & safety of funds

As we already mentioned EasyTrade is blacklisted by the Bulgarian Financial Supervision Commission for providing financial services without a license and a Bulgarian court has blocked the access to their website form the territory of the country.


How does the scam work?

Scam scenarios are often quite elaborate and often involve the so called robo scam websites like Crypto Revolt and Bitcoin Evolution. There you will happen to watch a video with a promise of fast and easy money, completely risk free, in exchange of a tiny investment.


What to do if scammed?

Do not hesitate but immediately file for a charge back with your credit card provider. Currently both VISA and MasterCard allow for a charge back within 540 days.


RECOMMENDED FOREX BROKERS

Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


Easy FX Trade regulation & safety of funds

FCA published its warning against Easy FX Trade on December 5th. According to the regulator the website falsely uses details of a legitly authorized company to defraud customers. FCA advises traders always to confirm the authenticity of the broker by checking the register of the regulator, they are claiming to have a license with.


How does the scam work?

Among the many tools scammers use to hook for victims are the so called robo scam websites like Crypto Revolt and Bitcoin Evolution. They are especially designed to hook investors with a promise of easy and risk free returns – and all you have to do is fill a simple registration form, leaving your e-mail and phone.


What to do if scammed?

The only chance you have to get your money back is to file for a charge back with your credit card company. The good news is that with their new anti- scam policy now VISA and MasterCard allow you to do that within 540 days.


What is forex trading?

Forex or foreign exchange is one of the most exciting and dynamic markets for trading. The foreign exchange market involves buyers and sellers from across the world dealing in currency exchange. As the rates of exchange change rapidly, forex traders try to build profit by investing in different currencies and taking advantage …


How old was Wayne when he started trading?

Wayne started forex trading when he was just 16 years old, while he was selling SIM cards to make a living. Wayne made his first million at the age of 19 and became a billionaire in another three years. He is now a prominent figure in the field of forex trading in South Africa and around the world.


Why did Shezi sell muffins?

As a teenager in school, Shezi began to sell muffins to make money while studying. Later, he moved to a clothing business and kept using his profits to trade in the foreign exchange market. Shezi took the immense risk of investing his tuition money in the foreign exchange market and deferring his final year of studies.


Is forex a volatile market?

Forex trading is perhaps one of the most volatile and rapid markets where people can make profits in comparatively shorter periods of time. Making profits in forex is a matter of research and understanding of foreign policies as well as consistency. There are a number of forex traders with inspiring stories who started out at a young age …


Is forex trading risky?

Forex trading is as exciting a space as it is risky. Profits and losses can be made in a matter of days in this kind of market. However, these success stories show that anyone can make it big in forex trading by making the right decisions.

Leave a Comment