New Channel Announcement

New Channel Announcement

A Warm Welcome

Hello amazing readers and subscribers, it’s good to have you here. If you just stumbled upon this blog, a warm welcome to you as well. Please feel free to subscribe for future publications. Locate a subscribe button on the sidebar, add your email address, click on subscribe and an email will be sent to your mailbox (could lend on spam/junk folder). Open the email and confirm by clicking the link. Please be assured that your email address will never be used for spam emails but only for notifying you of a new publication whenever there’s one.

What channel and why?

A few years ago in 2013, I decided to start this blog to share my trading experiences and also to share realistic and practical Forex trading tips that I believe anyone can use. I must say, I never expected so much growth in terms of getting my message across. It has been a great pleasure to be able to change people’s mindsets and how they view Forex trading through this blog. I am totally grateful to you as well for subscribing, reading and sharing the blog posts. You have played a big role in growing this blog. I am forever grateful.

I have started a podcast not only because I love talking (Of course I love talking, I really do) but because I thought it will also be another great and awesome way to share my message and also to put the voice behind all this writing that I’ve been doing here. As a teacher/mentor & coach, I have learned through my mentees that some people get the message better through listening than reading.

What Will The Podcast Focus On?

The podcast is to tell you more about my personal journey, who I am and why do I do what I do. You can listen to the podcast introduction HERE. The main aim of it is to help new traders to understand more about Forex trading and also just to learn from my personal mistakes that I will be sharing. It is not only for new traders, but for anyone who have ever found valuable information from this blog. I have already shared some of the mistakes that most traders are likely to make. You can listen to the episode HERE and kindly follow/subscribe for future episodes. Thank you so much for stopping by and happy trading.

CM TRADING REVIEW

CM TRADING REVIEW

You’ve decided that Forex Trading is for you, but now you are on the service provider sourcing stage. This CM Trading review is meant to equip you in making an informed decision about this forex broker. I have used CM Trading for almost a decade, therefore do rest assured that this is not just a generic review, but also an honest assessment of how the company works.

===========>Open a free CM Trading forex account here.,

 CM Trading review

Is CM Trading legit? – An honest CM Trading Review

Let’s get on with it and talk about the legal status of CM Trading.

This Forex Brokerage is a brand name of Global Capital Markets Trading Ltd. A company registered in Seychelles under registration no. 104785.

The clients’ funds are protected under the regulations of the Financial Sector Conduct Authority (FSCA), an industry watchdog for the financial services sector in South Africa. You can find the details of their registration here under FSP 38782. It is registered under Blackstone Marketing SA.

Type of trading accounts that you can open with CM Trading

Forex Trading accounts will differ according to the amount of capital you have at your disposal. Smaller accounts have different benefits when compared to larger accounts.

These are the account options that are available for CM Trading customers:

Mini Account

The mini account is the starter pack of the forex trading world.
Minimum deposit: $250-$999
Leverage: 1:200
You also get a demo trading account where you can do simulated trading in real time, weekly market reviews, as well as an e-book on forex trading basics

Classic Account

The minimum deposit for opening a classic account is $1000. It affords you the same benefits as the mini account, as well as access to a webinar.

Executive Account

This account type requires a minimum deposit of $5000 to open. The trading spread is cheaper than that of the classic and mini accounts. These are the transaction costs of the opening each trade with CM Trading (or any other broker).

A cheaper spread means that you get to maximize your profits. Over and above the benefits of the classic account, executive account holders receive access to both technical and fundamental analysis.

Premium Account

The premium account is the ultimate account offered by CM Trading. You need to a minimum deposit of $25000 to get started. With this account, you will get the same benefits as above, as well as additional training resources and some free trades.

In the case that you manage to grow your account to the point that it reaches the next account type bracket, you can contact CM Trading for guidance as to how to upgrade. The process is not automated.

CM TRADING’S PLATFORMS

A trader who uses CM Trading as their broker has access to 3 main platforms i.e Metatrader, Sirix Webtrader, and CM Trading’s Trading Mobile App.

  • Metatrader (MT4/5) is a free downloadable software which is universally accepted by both brokers and traders as the most advanced forex trading platform. It is available on desktops and mobile devices, with real-time quotes, charts, and graphs.
  • Sirix is web-based, which means that you do not need to download anything. One can access the platform through its website from any device.
  • A significant feature of the Sirix platform is the COPYKAT copy trading capability. COPYKAT allows you to follow your favorite traders, and even copy their trades. Learn more about CM Trading’s COPYKAT here.
  • The Fx Trading App is CM Trading’s mobile version of the web trader.

FINANCE: How to deposit and withdraw funds from CM Trading?

Like most online merchants, CM Trading accepts all major Credit Cards (and in some cases, debit cards that can buy online), wire transfers (with Nedbank being the preference for South African clients), Neteller, as well as Bitcoin (recently added).

Anti-money laundering laws oblige Forex Brokers to pay withdrawals to the funding source. You can only withdraw funds to the same account that you used for depositing. The withdrawal turnaround time is 2-3 business days. CM Trading MAY request additional documentation and verification before clearing your request.

This is a basic CM Trading Review. I hope that it has been a useful guide in your decision process. Contact me to inquire about my private forex coaching service or any other forex related query.

Economic news 23 To 27 January

Economic news 23 To 27 January

Economic news to watch for this week  

Highlights: On the 24th of January  the United Kingdom’s High Court is due to announce a ruling regarding the government’s ability to bypass parliament and initiate the Brexit by triggering Article 50, it is all happening in London at the Royal Courts of Justice. This will also have a direct impact on GBP, watch out for GBP pairs. On another news it has been said that UK Prime Minister Theresa May will fly to Washington DC to have her talks with the U.S  President Donald Trump as early as Thursday. Dispite the fact that May was criticizing Trump during his campaigns in 2016, she will be one of the first leaders to hold talks with the new president. Below are the economic news to watch this week.

 

 

Economic news 23 To 27 January

ECONOMIC NEWS 15/12

Be informed and know what is happening on the markets, check out our daily Forex news as they unfold and if you wish to receive daily alerts of high impact economic news, subscribe to my blog (free), to subscribe please look for “SUBSCRIBE TO MY BLOG” found on the right hand side (sidebar), enter your email address there and click SUBSCRIBE, wait for an email with a confirmation link, click on the link and confirm, email might be on spam/junk folder, and have the alerts delivered to your email daily, I value you and I promise I won’t spam.

15_DEC_ECONOMIC_NEWS

Need Help? Chat with me