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Finding the Holy Grail

Finding the Holy Grail

Forex spot trading, FX Option Trading Platform, FXoptions, News Article
Everybody is looking for customers who will stay. I remember being a broker and calling thousands of numbers looking for someone who had interest and ability to trade with me. The topic I brought up in my conversation was always interesting and everybody wanted free information to learn more about whatever was newsworthy. The trick was to discover the motivation and the “hot button” that would get the prospect into the market. Many brokers are resorting to tricks and pressure. It may work for the moment, but it never works long term. Fortunately, there are watchdogs to monitor and prosecute those who step over the line. Thomas Williams writes an article for Finance Magnates on a great topic, Which Trading Tools Secure Loyal Customers? As every brokerage firm can attest,…
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Binary Options Outlawed

Binary Options Outlawed

Forex spot trading, FX Option Trading Platform, Option Education, Regulation
This is big news but not exactly surprising. What happens to an industry where under the guise of trading, it's actually just gambling?   The Israel Securities Authority (ISA) – led by Prof. Shmuel Hauser announced that "Trading platforms in Israel will be barred from marketing such services to their clients because the ISA considers the phenomenon akin to gambling and not as intelligent investment management." (Globes 3/2016) Ouch.Binary options platform providers and brokers have been fined right and left. Here are but a few as of recent:The Cyprus Securities and Exchange Commission fined Pegase Capital Ltd., a Cyprus Investment Firm (CIF) €300,000 for breaches of various regulations pertaining to money laundering, terrorist financing, as well as the provision of investment services in general.(FinanceMagnates 11/2015)Following on from the autumn disciplining of, amongst…
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Karsten "Cash" Mahlmann, RIP.

Karsten "Cash" Mahlmann, RIP.

News Article, Uncategorized
The legendary trader & longtime chairman of the CBOT has passed away at 78. http://www.smithcorcoran.com/obituary/karsten-cash-mahlmann/  As it reads in his obituary, Cash was the epitome of the American Dream having boarded a freighter when he was 20 years old to find his fortune in the United States. Mahlmann grew professionally from being a runner at the Chicago Board of Trade to chairman of the futures exchange, and later retired with a Chicago brokerage firm. FX Bridge has been a longtime fan of his son Chris Mahlmann aka @GoodNewsDriver.  We offer our him and his family our condolences.
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FX Options Volume Is Exploding

FX Options Volume Is Exploding

Forex spot trading, FXoptions, News Article, Option Education
Victor Golovtchenko is one of those writers who finds great stories and brings them to life. Victor just uncovered the truth about the growing trading volume in FX Options. Naturally, FX Bridge has been a strong promoter of same account spot and options trading for many years. It's inevitable that spot and options trading will become the norm - after all, traders get access to many more trading and risk management strategies than spot trading alone. Our OptionsEdu material can help with learning more. According to the article, FX Options Most Rapidly Growing Derivatives in the Industry, both Thomson Reuters and the BIS will confirm this trend. And the big asset for helping this trend, innovative trading platforms such as FX Bridge's ProTrader Plus. Request a demonstration from our website, or any of…
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The Secret All Spot Traders Should Know

The Secret All Spot Traders Should Know

Forex spot trading, FX Option Trading Platform, FXoptions, Option Education, Options Trading Strategies, Trading Ideas
Although options are complex financial instruments, traders who are new to options can use them for very simple, yet effective strategies: sell options to initiate limit and stop orders.In using short options as limit orders, the sale of a naked put is used as a vehicle to get long spot at a pre-determined price while earning time-decay.  The first thing you must have is a platform that trades both spot and options in the same account.Consider the following six-month (180-day) spot price chart for the cross rate XYZ/USD:We can see that the spot price fell to around 0.99 about 160 days ago, rallied to slightly more than 1.08 at 120 days, and then retreated to the same 0.99 level about 50 days ago. Since then we have seen another rally…
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