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Friday, October 10, 2008


Safety of Funds














Maintaining the security of your money is a top priority at CMS Forex. No Forex broker can truly guarantee the safety of a client’s Forex deposits. Therefore you should choose your Forex dealer after close consideration.

Quite often the best way to judge a firm’s financial integrity is by its reputation and the commitment it shows to its clients through its service and business decisions. Our devotion to our clients has made our firm a respected industry leader. Investors must be prudent in regard to where they hold their funds and it is vital to consider the integrity of the firm and its management when making one’s decision.

CMS Forex is a registered Futures Commission Merchant, a Forex Dealer Member of the NFA (National Futures Association) and is registered with the CFTC (Commodities Futures Trading Commission), an agency of the United States government. The regulations set forth by these agencies are designed to help ensure the safety of our clients’ deposits. Among other things the regulations require that our firm:

maintain sufficient liquid capital in excess of the amount required to cover all client deposits, potential fluctuations in the firm’s currency positions and outstanding expenses;
does not include any debt outstanding to the firm as part of this capital;
subject itself to all relevant laws, rules and regulations as well as stringent reporting requirements set forth by these agencies;
submit financial information to regulatory bodies on a weekly and monthly basis;
undergo three scrutinizing annual audits, one performed by an independent financial auditor, one by the National Futures Association itself, and a third independent audit responsible for inspecting the firm’s Anti Money Laundering procedures.
Furthermore, our firm holds all deposits with only highly reputable financial institutions. Our firm is grateful for the trust our clients place in us, and we do everything in our power to preserve the safety of our clients’ funds.

Please be wary of brokers that guarantee the safety of your funds or that claim that your funds will receive special protections such as FDIC insurance. To learn more, please read the “Disclosure Regarding Bankruptcy Protections” on our risk disclosure section

About CMS Forex













CMS Forex was founded by professional Forex traders, Forex brokers, and software developers, and as a result has been able to identify traders’ needs from the very beginning. Since 1999, CMS Forex’s mission has been to provide the most powerful currency trading technology combined with quality execution, competitive services, and dependable customer service. Over the past seven years, CMS Forex has quickly become one of the world’s leading online retail currency trading institutions, providing secure, user-friendly Forex trading software.

Having received honorable awards by Inc. Magazine for its astounding growth between 2002 and 2007, CMS Forex is positioned as an industry leader in the Forex marketplace. CMS Forex continues its growth while ensuring its clients an advantageous position for the future.

CMS Forex strives to serve the emerging retail segment of the Forex community. Its commitment to providing innovative currency trading technology, fair dealing practices, and excellent customer service establishes CMS Forex as a major force that traders look to for advanced Forex charting, Forex news, and fund safety.

CMS Forex’s advanced trading software, VT Trader™, combined with the dedication to go above and beyond to meet its clients’ needs, create a system that traders know they can trust. These attributes, plus many others, prove that CMS Forex has built from the ground up a service that truly stands on its own.

Learn about CMS Forex's top priority, the safety of your funds »

Wednesday, September 24, 2008

Forex Market Analysis
Morning Forex Overview // 09-24-2008
Market Overview

On Tuesday, lower oil prices and weak economic data in Europe helped the dollar make a partial recovery against the euro after the greenback's sharp losses a day earlier.

Comments by Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson did little to soothe investors' jitters. They both warned Congress of serious economic risks if lawmakers failed to hustle to approve the plan, which may carry a price tag for taxpayers of USD700 billion.

The euro slipped against the US dollar as data out of Europe proved to be exceptionally weak. Indeed, the Euro-zone purchasing managers' index (PMI) for both the manufacturing and services sectors fell below 50 - signaling contracting business conditions - for the fourth consecutive month.

The British pounds did little but consolidate between 1.85 and 1.86 during Tuesday's trading session. GDPUSD traded with a low of 1.8472 and a high of 1.8638 before closing the day at 1.8540.

Dollar fell 0.1 percent to 105.20 versus the Japanese yen due to some unwinding in carry trades on risk aversion as U.S. stock markets turned from positive to negative on the day.

The Canadian dollar strengthened slightly against the dollar with uncertainty about the US government bailout plan.

Resurgent fears in global financial markets weighed on the Australian dollar in Asia late Wednesday, as doubts about the effectiveness of the U.S. government's financial markets rescue package mounted.

Market expectation

EURUSD reported offers between USD1.4700/10 able to cap the early strong demand into European trade, a major German name and a major Asian account noted buyers in the rally from below USD1.4680. Rate traded to a high of USD1.4705 but gets shoved back to USD1.4685. A break above USD1.4710 now is needed to boost upside potential, traders suggested. Above USD1.4710 can open a move toward USD1.4720/25 ahead of USD1.4750. Bids noted at USD1.4680, more toward USD1.4660.

The euro is holding steady on Wednesday as the market waits for the key German Ifo data. Any unexpected weakness could undermine sentiment toward the euro, while investors wait for more developments on the U.S. rescue plan.

For Pound bids are placed at USD1.8500 (76.4% USD1.8472/1.8593), and break below can open a deeper move toward USD1.8480/70 ahead of USD1.8450. Offers USD1.8590/00.

Analysts are generally confident legislators will approve the bailout plan, but serious risks - including the chance of more substantial dollar losses - will exist even if the bailout goes through
About Exto Capital


Exto Capital, a division of Exto Financials SA, is an independent asset manager and Forex brokerage firm based in Switzerland. Founded by professional asset managers, forex traders and software developers, it is as a result able to identify investor's needs.
State of the art and easy-to-use software, secure trading environment, and superior trading conditions has made Exto Capital the 1st choice of many institutions and Hedge funds in the world. Exto Capital, strives to serve the emerging retail segment of the Forex community. Its commitment to providing innovative currency trading technology, fair dealing practices, and excellent customer service establishes Exto Capital as a major force that traders look to for advanced Forex charting, Forex news, and fund safety. In order to better service its clients, Exto Capital offers a multilingual support service operating 24 hours a day and is trained to assist the clients in every question relating to the use of the system.

Why Exto?
The name Exto is derived from the Latin Esto meaning to stand out, to survive, to last, to excel.

We believe this name reflects our mission statement:

To ensure that client's needs and expectations are not only met, but surpassed.
To excel in quality of service, to create relationships that last.
To stand out from our competitors.

At Exto Capital every decision we make is measured against our mission statement to ensure that our aims are realized
How do I choose my FOREX broker
There are so many Forex brokers and services out there, that it is quite overwhelming to try and choose one.
The trick is to understand what is most important to you while trading, and then to find the broker that best matches your demands.

Your demands are probably comprise of several factors, financial, technological and even psychological, feeling you must trust the broker you choose to deal with.
To help lay out all these factors we generated our comparison table, which includes, what are in our opinion, the key questions you have to ask when choosing a broker. More importantly, this table supplies the answers.

We bring to the table our own experience with these brokers, making it possible for us to say how easy their systems are to use, what was needed from us to open an account, what we were offered back in return, how satisfied we were from their customer support, and how serious a company they actually are.

Once you feel that your main demands have been answered, and you are able to narrow down your choice to 2 or 3 brokers from the list, you should go on to reading the full reviews of our experience with them. The reviews will tell you more about WHAT these brokers have to offer and HOW they offer it to you.

Another powerful tool is reading what other traders have to say about their experiences. Always check out their opinions in our forum discussion rooms, and feel free to ask questions you feel you do not have answers to yet.

To help narrow down the selection, we prepared the list of our featured sites. Again, this is based on our own experience with these brokers, and these are the brokers we feel we can recommend to others to choose.

While this site is based on our own experience, we realize that at times others may encounter different experiences with the same brokers or service providers. If your experience was different than ours, please share it with us, so we can go on sharing objective information with all our users.

Good luck, and good profits!
How do I make money in FOREX?
FOREX investing is one of the most potentially rewarding types of investments available. While certainly the risk is great, the ability to conduct marginal trading on FOREX means that potential profits are enormous relative to initial capital investments.

Another benefit of FOREX is that its size prevents almost all attempts by others to influence the market for their own gain. So that when investing in foreign currency markets one can feel quite confident that the investment he or she is making has the same opportunity for profit as other investors throughout the world. While investing in FOREX short term requires a certain degree of diligence, investors who utilize a technical analysis can feel relatively confident that their own ability to read the daily fluctuations of the currency market are sufficiently adequate to give them the knowledge necessary to make informed investments.
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What is FOREX?
The FOREX Market (Foreign Exchange) is the biggest market in the world, where the average daily trading is over $1.9Trillion.

This is a world wide market in which currencies are exchanged by various participants, such as world banks, multinational corporations, financial markets and most importantly – individual traders!

YOU can be part of the excitement in the biggest trading market in the world, and share some of those $1.9 Trillion being exchanged daily! You can buy or sell Dollars, Euros, Yens, Pounds, and more, at a click of a button.

All that’s needed is to chose a broker, sign up, and start trading Now! Join at any time - the FOREX market is always open, encompassing all time zones around the world (excluding Friday 10:00 pm GMT till Sunday 00:00 GMT). Most brokers offer web based trading platform, making it easy for you to trade anytime anywhere.

If you are new to FOREX, many brokers will provide you with demo accounts, where you can practice trading with virtual money. Once you feel ready to start earning money, you can go ahead and open a real money account. Many brokers provide mini-accounts too, in which the initial deposits are lower than in the standard account.

There is an abundance of educational tools out there, to help you learn the trade. Anything from books, land based classrooms, online guides, and even interactive simulators.
While learning, it is advised to read users' forums to get the daily insight of what experienced traders are doing, until one day – you become one of the experts on the forum.

The trick in FOREX is to trade on margin, meaning you are trading with capital borrowed from your broker. When choosing your broker you want the one who offers you the best terms. You also want to be aware of any risks involved in trading.

Like everything else in life – practice makes perfect! It will take time to be an expert trader, but the liquidity is out there and the trading tools are easy to use, so you can start making money NOW