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Topics - IKOFX

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26
STOCK and FOREX EXCHANGE / TYPES OF CHART IN FOREX MARKET
« on: October 19, 2011, 12:39:06 AM »
There are generally three types of chart in the Forex market: the Line chart, Bar chart, and the Candlestick chart.  A line chart is the most basic type of chart.  It is plotted by connect all the closing prices for selected period.

A bar chart is different with line chart.  Besides closing price, bar chart also contain information about the opening price, high and low price.  The opening price is always not so important for analysis.  The high price in the price bar structure is the highest price of the particular bar time period while the low price is the lowest price. 

The candlestick chart  was developed in Japan around 1750.  The candlestick chart is similar to the bar chart, which also consist of four major prices: high, low, open, and close.  However, candlestick chart has graphic format which is easier to interpret.  Candlestick chart is also easier to identify the market reversal trends.  Therefore, candlestick chart is the most popular chart in use.

The body of the candlestick bar is the range of opening and closing price.  If the closing is higher than the opening price, the body is green colored.  The body is red color for the inverse.  However, the color of the body may not be the same.  It may differ with another trading platform.

YOU CAN COMPARE THE CHARTS HERE

IKO Forex Limited - THE BEST FOREX ASIA

27
STOCK and FOREX EXCHANGE / IKOFX GIVING AWAY UP TO $500 WELCOME BONUS!!!
« on: October 18, 2011, 09:49:32 PM »
To show our appreciation for putting your trust on IKOfx, we welcome you with special bonus to trade with us.  IKOfx live account client are subjected to receive the IKOfx Welcome Bonus up to 500 USD with terms and conditions applied.  Please refer to the table below for amount of bonus entitled by your deposit value:

Minimum Deposits (USD)    Bonus (USD)    Pre-requisite to withdraw
100. 00 to 499. 99    20    10 Standard Lots
500. 00 to 999. 99    50    25 Standard Lots
1,000. 00 to 4,999. 99    100    50 Standard Lots
5,000. 00 to infinite    500    300 Standard Lots

TERMS and CONDITIONS:

 Every client has the rights to receive the Welcome Bonus in the amount table above to his first 5 trading account in case initial deposit balance of a trading account.

 The Welcome Bonus only able withdrawn after the certain amount of FOREX trading transaction completed by the trading accounts that received the Welcome Bonus.  The total volume of the trade must be not less than:

   1.  10 Standard lots - for 20 USD bonus;
   2.  25 Standard lots - for 50 USD bonus;
   3.  50 Standard lots - for 100 USD bonus;
   4.  300 Standard lots - for 500 USD bonus.


    * 1 standard lot is equivalent to 10 mini lots.
    * The profit which was made on the Greeting bonus can be withdrawn without limits.



 Withdrawal of fund which shall causes to the reducing of equity falls into a lower category, therefore the Welcome bonus shall be deemed as void if it is out of the categories range ;Or shall be deems and revised as according to the new category.  Kindly ensure the equity is above the minimum requirement for obtaining a Welcome Bonus before any withdrawal has been made.

Requirement of obtaining Welcome Bonus according to minimum equity:

    * MUST AT LEAST equity of 120 USD to maintain for entitlement bonus of 20 USD
    * MUST AT LEAST equity of 550 USD to maintain for entitlement bonus of 50 USD
    * MUST AT LEAST equity of 1100 USD to maintain for entitlement bonus of 100 USD
    * MUST AT LEAST equity of 5500 USD and above to maintain for entitlement bonus of 500 USD.



 Both T&C No. 1 and No. 2 must be fulfilled in order to obtain the Welcome bonus.  T&C No. 3 only applies after the T&C No. 2 has fully fulfilled.

 Welcome Bonus shall credited into client trading accounts within 12 working hours once his account meet the minimum requirement as stated above.

 IKOfx reserves the rights to withdraw or disqualify the Welcome Bonus in the case of revealing unscrupulous usage or abuse of the bonus surcharge system.

 If the deposit was withdrawn right after the Welcome Bonus receipt, IKOfx reserves the rights to withdraw or disqualify the Welcome Bonus for that trading account.

 If reveal that the client open a reverse or hedge positions in different accounts, IKOFX reserves the right to withdraw or disqualify the Welcome Bonus from all accounts.

 IKOfx reserve the rights to decline or refuse any request for Welcome Bonus without any prior notice and reason.

 Shall the client to question or appeal for the company's decision, it shall be e-mail to account@ikofx. com.  within 10 working days.

IKO Forex Limited - THE BEST FOREX ASIA

28
STOCK and FOREX EXCHANGE / Momentum Technical Indicator in Forex
« on: October 17, 2011, 10:38:18 PM »
Momentum

The Momentum Technical Indicator measures the amount that a security's price has changed over a given time span.

There are basically two ways to use the Momentum indicator:

- You can use the Momentum indicator as a trend-following oscillator similar to the Moving Average Convergence/Divergence (MACD).  Buy when the indicator bottoms and turns up and sell when the indicator peaks and turns down.  You may want to plot a short-term moving average of the indicator to determine when it is bottoming or peaking.

If the Momentum indicator reaches extremely high or low values (relative to its historical values), you should assume a continuation of the current trend.  For example, if the Momentum indicator reaches extremely high values and then turns down, you should assume prices will probably go still higher.  In either case, only trade after prices confirm the signal generated by the indicator (for example, if prices peak and turn down, wait for prices to begin to fall before selling).

- You can also use the Momentum indicator as a leading indicator.  This method assumes that market tops are typically identified by a rapid price increase (when everyone expects prices to go higher) and that market bottoms typically end with rapid price declines (when everyone wants to get out).  This is often the case, but it is also a broad generalization.

As a market peaks, the Momentum indicator will climb sharply and then fall off ? diverging from the continued upward or sideways movement of the price.  Similarly, at a market bottom, Momentum will drop sharply and then begin to climb well ahead of prices.  Both of these situations result in divergences between the indicator and prices.

Momentum is calculated as a ratio of today's price to the price several (N) periods ago.

Where:
CLOSE(i) ? is the closing price of the current bar;
CLOSE(i-N) ? is the closing bar price N periods ago. 

IKO Forex Limited - THE BEST FOREX ASIA

29
We at IKOFX, continue to have this monthly contest dedicated to all Forex Traders of IKOFX with Demo Accounts.  It is designed to test our valued traders? Forex trading skills without risking any amount of money and at the same time would allow them to win real money prizes while practicing in trading forex.  This is a great opportunity to demonstrate their knowledge with the Forex Market and to apply their analytical and methodical skills as well an excellent way to show the best trading strategy that is profitable.

Each trader should designate a demo account for this contest and must register it as participant in a particular given month.  The 1st five traders with the highest accumulated gaining in trading their designated demo account at the end of a given month (last Friday of the month 23:59 GMT) shall win the real money prizes that will be deposited in their live trading account.

YOU CAN REGISTER RIGHT NOW AND START WINNING REAL MONEY PRIZES!!!

OUR LEADING TRADERS AS OF TODAY ARE:

1 4327166 juen
2 4326390 Mat Sapu
3 4325826 pakabu
4 4324452 Rudy kurniawan
5 4318025 jellyfish

We are please to welcome new traders and show us what you got!!!

IKO Forex Limited - THE BEST FOREX ASIA

30
STOCK and FOREX EXCHANGE / TECHNICAL ANALYSIS( PROS AND CONS)
« on: October 17, 2011, 07:50:52 PM »
The main strengths of technical analysis are flexibility.  There is flexibility with regard to the principal instrument.  A trader may easily apply his technical expertise to trade another currency when trading activity in the currency that he trade slows down.

There is also flexibility regarding markets.  Trader can apply the same technical principles in every market, either spot or future markets.  Finally, there is time frame flexibility.  Again the same technical principles can apply to different trading styles and time frames.

However, technical analysis is not perfect.  Technical analysis is done based on previous and current information.  So, technical analysis has its disadvantages.  The Forex market has a degree of randomness and prediction done by technical analysis will not completely accurate.  It is impossible to forecast everything correctly just based on previous and current information.

Moreover, technical analysis more often gain less profit because it need time to identify the trends in chart.  Thus, trader will late for a trading opportunity and takes less profit.  Finally, technical analysis focuses only on charts and do not take other precise factors into consideration.  Somehow, a good trading system must make use of both technical and fundamental analysis. 

IKO Forex Limited - THE BEST FOREX ASIA

31
STOCK and FOREX EXCHANGE / IKOFX Opens Pakistan Customer Support Channel
« on: October 13, 2011, 11:04:53 PM »
With the purpose of accommodating all clients and serving them with full ease, confidence, and competence, IKOFX opens a new Customer Support Channel dedicated for clients from Pakistan.  Valued traders from Pakistan can contact and communicate with IKOFX in their very own local/native language so that they can express themselves fully and can relay their thoughts with comfort and satisfaction.  This is inline with the intention of IKOFX for localization and world-wide expansion.  We let our clients feel at home and discuss matters with our Customer Service who can understand and feel our clients.  Visit and contact our dedicated Customer Service Channel for Pakistan.  We will be glad to be at your service. 

IKO Forex Limited - THE BEST FOREX ASIA

32
STOCK and FOREX EXCHANGE / MetaTrader-IKOfx
« on: October 13, 2011, 10:59:14 PM »
IKOfx is a global online Forex trading provider.  We had been established for the purpose to help Investor in success of Forex.  During hash time of current economy downfall, Forex trading become most investor and trader favorite.  With our company vision, integrity, and professionalism; we aim to drive online Forex trading to the next higher level.

IKOfx always never stop improving to meet the growing expectations of its global client base and we thrive on our long-term and loyal relationships with all of our clients.  We are highly dedicated with our commitment to you in providing the wide quality service package, Forex news, tools, and the best trading platform, in order to assist you success in trading Forex.  Our passion and professionalism to serve every of our client well had transforms us into one of the world's leading foreign exchange broker especially with our strong operating experience in Asia.

The IKOfx formula of success is comprised of:

* The product, referred to as MetaTrader-IKOfx, from the world's leading trading platfor software developer;
* News feeds from the world leading Forex agencies.
* The possibility of obtaining help from major counter agents who have direct access to the money market.


Why choose IKOFX?

* Minimum Deposit as low as USD 1.
* Commissions-Free Trading
* Instant Orders Execution
* Flexible Leverage Up to 1:500
* Swap-Free Accounts
* Competitive Dealing Spreads as Low as 2 Pips
* World Leading Online Trading Platform ? MetaTrader 4


Join us now and benefit from our welcome bonus scheme up to 500 USD.  If you are beginner in Forex, open a Demo Account in order to get acquainted with IKOfx trading benefits.

IKO Forex Limited - THE BEST FOREX ASIA

33
IKOFX spreads its wings and shows the world how high it can fly as it reaches the world?s most prestigious Financial Market Exhibition, where all Financial Service Companies and thousands of guests, traders, brokers, professionals and participants around the world converge and gather to witness the event.  This two-day Forex Exhibition at Jakarta, Indonesia (on July 30 and 31, 2011) is organized by SHOWFX WORLD, for the purpose of giving everybody the opportunity to know deeply all the leading forex bokers around the world, including IKOFX.  As an invited exhibitor, IKOFX will be conducting seminars to help forex traders, whether professionals or beginners, to be successful with their forex trading activities.  It will open opportunities to all people interested with the forex market.  At the event, IKOFX will be staying in its booth manned by highly-competent Financial Advisers who are always at your service.  During the Forex Exhibition, IKOFX will be giving away prizes and bonuses to its lucky guests who will be present at the event.  These prizes and bonuses would include but not limited to the following: 1) Seminar Lucky Draw Items- The items which are composed of an IPad 2 and Blackberry Torch Phone will be drawn and be given to a lucky guest who will register and be present during the IKOFX seminar; and 2) Scratch and Win- If you?ll visit our booth and register with IKOFX you?ll be given a coupon to scratch on and have a chance to win prizes as high as 500USD account bonus.  Come and visit IKOFX during the two-day Forex Exhibition at Jakarta, Indonesia on July 30 & 31, 2011.  Experience the best with IKOFX, the real place for FOREX trading. 

IKO Forex Limited - THE BEST FOREX ASIA

34
STOCK and FOREX EXCHANGE / BONUS at IKOFX and how to obtain it
« on: October 12, 2011, 10:08:29 PM »
Hello valued traders, in as much as we appreciate you joining us, one of the benefits that you can get from IKOFX is the WELCOME BONUS and to obtain it, here's how:

* Every client has the rights to receive the Welcome Bonus in the amount table above to his first 5 trading account in case initial deposit balance of a trading account
* The Welcome Bonus only able withdrawn after the certain amount of FOREX trading transaction completed by the trading accounts that received the Welcome Bonus.  The total volume of the trade must be not less than:

1.  10 Standard lots - for 20 USD bonus;
2.  25 Standard lots - for 50 USD bonus;
3.  50 Standard lots - for 100 USD bonus;
4.  300 Standard lots - for 500 USD bonus.


1 standard lot is equivalent to 10 mini lots.
The profit which was made on the Greeting bonus can be withdrawn without limits.

* Withdrawal of fund which shall causes to the reducing of equity falls into a lower category, therefore the Welcome bonus shall be deemed as void if it is out of the categories range ;Or shall be deems and revised as according to the new category.  Kindly ensure the equity is above the minimum requirement for obtaining a Welcome Bonus before any withdrawal has been made.


Requirement of obtaining Welcome Bonus according to minimum equity:

* MUST AT LEAST equity of 120 USD to maintain for entitlement bonus of 20 USD
* MUST AT LEAST equity of 550 USD to maintain for entitlement bonus of 50 USD
* MUST AT LEAST equity of 1100 USD to maintain for entitlement bonus of 100 USD
* MUST AT LEAST equity of 5500 USD and above to maintain for entitlement bonus of 500 USD.

IKO Forex Limited - The Ideal Place for Forex Trading

35
We have successfully reached out through this monthly contest dedicated to all Forex Traders of IKOFX with Demo Accounts.  It is designed to test our valued traders? Forex trading skills without risking any amount of money and at the same time would allow them to win real money prizes while practicing in trading forex.  This is a great opportunity to demonstrate their knowledge with the Forex Market and to apply their analytical and methodical skills as well an excellent way to show the best trading strategy that is profitable.
Each trader should designate a demo account for this contest and must register it as participant in a particular given month.  The 1st five traders with the highest accumulated gaining in trading their designated demo account at the end of a given month (last day/date of the month 23:59 GMT) shall win the real money prizes that will be deposited in their live trading account.


JOIN US AND REGISTER NOW FOR FREE!!!!

You can also view the CONTEST RULES and GUIDELINES right now and experience the fun of FOREX TRADING while winning REAL MONEY PRIZES!!!

IKO Forex Limited - The Ideal Place for Forex Trading

36
Recently, we just have announced our winners for last month who have serve their top spots in Forex Trading and have received their cash prizes.  The said contest for our valued fellow traders is still ongoing and everyone is so welcome to join us for FREE. :)The winners are also listed here: hxxp: ikofx. com/en/. . . est_winners. php

IKOFX DEMO BLAST CONTEST

This is a monthly contest dedicated to all Forex Traders of IKOFX with Demo Accounts.  It is designed to test our valued traders? Forex trading skills without risking any amount of money and at the same time would allow them to win real money prizes while practicing in trading forex.  This is a great opportunity to demonstrate their knowledge with the Forex Market and to apply their analytical and methodical skills as well an excellent way to show the best trading strategy that is profitable.
Each trader should designate a demo account for this contest and must register it as participant in a particular given month.  The 1st five traders with the highest accumulated gaining in trading their designated demo account at the end of a given month (last day/date of the month 23:59 GMT) shall win the real money prizes that will be deposited in their live trading account.

YOU CAN HAVE YOUR OWN DEMO ACCOUNT NOW AS YOU REGISTER HERE

As of today, our TOP 5 TRADERS ARE:

Rank Account Nick
1 4325826 pakabu
2 4327166 juen
3 4318025 jellyfish
4 4324472 tiew
5 4324281 jia wen

GOOD WORK GUYS!!! HAVE FUN WITH FOREX TRADING AS YOU WIN REAL MONEY PRIZES WITH IKOFX:)

IKO Forex Limited - The Ideal Place for Forex Trading

37
STOCK and FOREX EXCHANGE / OPEN LIVE ACCOUNT IN IKOFX
« on: October 11, 2011, 08:28:13 PM »
It is very easy to create a Live Trading Account, just kindly insert your email address and the introducing agent code (if any) and submit to us, you will able to receive an activation email just within a minute, click on it to activate your account.  We may request you to submit us a copy of your identity and residential document such as passport, bank statement or utility bill etc for verification, the purpose is to comply with our Anti Money Laundering Policy.  Also kindly remind to read through our company privacy policy and risk warning.

To start trading, just login your account to deposit fund into your account and you shall begin to trade Forex immediately.  Enjoy your Forex trading?!
**ALSO ENJOY OUR WELCOME BONUS AS YOU JOIN US HERE: hxxp: ikofx. com/en/. . . alpromotion. php

YOU CAN OPEN YOUR LIVE ACCOUNT NOW!!! hxxp: ikofx. com/en/liveaccount. php

IKO Forex Limited - The Ideal Place for Forex Trading

38
STOCK and FOREX EXCHANGE / IKOFX SOCIAL NETWORK
« on: October 11, 2011, 06:31:18 PM »
Keeping in touch and staying connected between our valued traders and IKOFX, and among traders themselves, IKOFX makes itself visible in the world?s most popular social networking website, www. facebook. com.  In this manner IKOFX can bring together all our valued traders and/or any person interested with FOREX in one place and let them be acquainted with each other to share their great experienced with IKOFX.  With this social network, you?ll have the chance to know IKOFX better and can communicate with us anytime.  To connect and keep in touch with IKOFX, join us in facebook thru here

IKO Forex Limited - The Ideal Place for Forex Trading

39
STOCK and FOREX EXCHANGE / IKOFX LIMITED PARTNERSHIP PROGRAMS
« on: October 10, 2011, 06:26:09 PM »
We are glad of your interest of becoming an IKO Forex Limited partner.  IKO Forex Limited values the essence of great partnership in every business endeavor.  We always maintain the high degree of good business relations with our clients as well as with our partners.  So we created the IKO Forex Limited Partnership Programs to compensate and award partners who referred and introduced clients to IKO Forex Limited.

IKO Forex Limited Partnership Programs are the following:

* Affiliate Trader
* Introducing Broker
* Master Introducer Broker

AFFILIATE TRADER PROGRAM

To be an Affiliate Trader, a partner needs to open a live account with IKO Forex Limited who will be provided with a trading account number and a personal referral link.  The trading account number and the personal referral link will serve as tracer that will trace any client who registered to IKO Forex Limited under the Affiliate Trader?s account, and/or who registered using Affiliate Trader?s personal link.

Thus, to consider a client to be under your direct referral, such client must register either of the following ways:

* By entering your trading account number in Agent code area upon registration; or
* By using your personal referral link, which is available in your cabinet by clicking on "my profile", upon registration.

Under this program, the Affiliate Trader shall be entitled for a commission of 0. 5 pips for each closed trade that their direct referral client makes.  The Affiliate Trader can access and view a 24-hour online affiliate statistics at the IKOFX Cabinet system.

INTRODUCING BROKER PROGRAM

Whether you are an individual or business firm, you are very much welcome to be our partner and become an IKOFX Introducing Broker (IB).  As an IKOFX IB, you will earn and receive a highly competitive compensation by referring and or directing to IKO Forex Limited new clients.

Under this program, the IKOFX IB shall be entitled for a commission of 0. 8 pips for each closed trade that their direct referral client makes.

The following are the requirements to become an IKOFX IB:

* Be an Affiliate Trader, thus, open a live account with IKOFX;
* Recruit at-least 5 direct referral clients;
* Accumulate a total clients? deposits of 30,000USD from all of your down-lines in a year;
* Accumulate a total trade volume of 100 standard lots and
* Write an email to partnership@ikofx. com to upgrade your account to IB account.

MASTER INTRODUCING BROKER PROGRAM

It is the best interest of IKO Forex Limited to offer and give our partners the best and most competitive compensation to suit our partner?s strengths and referral capabilities.  Thus, under this program, an IKOFX Master Introducing Broker (MIB) shall be entitled for a commission of 1 pip for each closed trade that their direct referral client makes.

The following are the requirements to become an IKOFX MIB:

* Be an IKOFX IB, thus, open a live account with IKOFX;
* Recruit at-least 10 direct referral clients;
* Accumulate a total deposits of 100,000USD from all of your down-lines in a year;
* Accumulate a total trade volume of 500 standard lots; and
* Write an email to partnership@ikofx. com to upgrade your account from IB to MIB.

IKO Forex Limited makes available support and training program to IKOFX IB and IKOFX MIB, so that they will become highly qualified to assist their clients and give them the ability to trade on a powerful, easy-to-use trading platform.  IKOFX IB and MIB can access the 24-hour online affiliate statistics at the IKOFX system.

IKO Forex Limited - The Ideal Place for Forex Trading

40
STOCK and FOREX EXCHANGE / GENERAL GUIDELINES FOR DEMO BLAST CONTEST
« on: October 10, 2011, 05:35:42 PM »
Each trader should designate a demo account for this contest and must register it as participant in a particular given month.  The 1st five traders with the highest accumulated gaining in trading their designated demo account at the end of a given month (last day/date of the month 23:59 GMT) shall win the real money prizes that will be deposited in their live trading account.
Hurry, have some fun and win more prizes.  Join for FREE, blast-off and take your best shot in trading your demo account! hxxp: ikofx. com/en/. . . ntest_rules. php

ITS IMPORTANT TO CONSIDER THE GUIDELINES BEFORE JOINING THE CONTEST TO AVOID BEING DISQUALIFIED.
Here are the CONTEST GUIDELINES:

1.  General Guidelines
1. 1 Demo Blast is a Contest applicable to DEMO TRADING ACCOUNTS designated by the contestants upon registration.  The contest is held every month starting from first day/date of the Month (00:00 GMT) up to the last day/date of the Month (23:59:59 GMT; excluding weekend).
1. 2 Trader requires registering a new account for each month's contest Traders are allowed to do advanced registration starting from 20th day/date of particular month until the 10th day/date of the next following month.  For example on October's advanced registration period: 20th September 2011 ? 10th October 2011; traders are encouraged to make advance registration before the next contest taken place.
1. 3 Monthly Prizes up to $1000 USD will be credited to the winner's newly separated live account, distributed in the following manner:
1st Place - 1000 USD
2nd Place - 500 USD
3rd Place - 300 USD
4th Place - 100 USD
5th Place - 100 USD
1. 4 The contest "DEMO BLAST" will officially start on September 1, 2011 (00:00 GMT).
1. 5 All trading instruments which are available in IKOFX trading terminal can be used in trading except GOLD.
2.  Contestants
2. 1 All persons who are 18 years old or more, whether an existing IKOFX client or not, may participate in the Contest.
2. 2 Every Contestant in a given month must register for the tournament in that particularly month and must designate a demo account with leverage 1:500 by default.  Once registered, the designated demo account will be given an initial deposit of 20,000USD.
2. 3 The contestant must provide valid data; the full name must be identical with the one in the official ID document; and the active contact email.  IKOFX deserves the rights to forfeit any winning contestant whom had provided false information.
2. 4 IKOFX reserves the rights to decline registration of any participant without explaining the reason or disqualify any participant during the Contest or after the Contest is over with explanation.  The reason of disqualifying can be opening the big volume opposite orders with the same currency pairs in different trading accounts at the same time approximately, as well as usage of failures in the quote flow for getting guaranteed profit.
2. 5 By registering for the contest, a contestant accepts all restrictions and rules applicable for the contest.  Should the contest rules be violated, IKOFX reserves the right of disqualifying a participant in the course of the contest.
2. 6 IKOFX prohibits all contestant from having multiple account in any particular month, all contestant only allowed to use a single account in a month.
3.  Result publication
Results of the contest in a given month will be announced and published in the website (www. ikofx. com) during 30 days after the contest month or first week of the month.  The equity of Contestants' accounts as well as contestants' statement shall be published and available at the website.
4.  Winner Determination and Prizes
4. 1 The 1st five traders with the highest accumulated gain in trading their designated demo account at the end of a given month (last day/date of the month 23:59 GMT) shall win the real money prizes that will be deposited in their newly separated live trading account.  Once the current contest is finished, all deals will be closed automatically by current prices.
4. 2 In case of tie, the decision who shall be the winner will be taken by IKOFX, and the losing party will take the next lower prize.
4. 3 The winners agree that their names will be published in and/or outside the website, and IKOFX has the rights to use any information related to the winners? accounts for advertising and publish it on forum, company?s website or other media.
4. 4 The winner should send an email to IKOFX as to which live account (that he owned) that the prize will be credited.
4. 5 Prize will be credited into a separated live account based on the valid, existing data from the contestant (*If any), else prize winner will have to submit valid, certify identification documents, and full detail information to the authority of IKOFX.
4. 6 A particular live account which contest prize was credited into will be removed right after a prize winner had made the withdrawal of the profit that was made from the awarded prize.
5.  Others
IKOFX reserves the right to change the terms and conditions as well as rules of this contest.  It has all the right to disqualify any participant in case of Contest Rules violation without prior notification, and can cancel or re-calculate the participant's orders and/or prizes in case of Contest Rules violation without prior notification.  Any arguments and/or disputes pertaining to this contest shall be settled by IKOFX which decisions are final and cannot be reviewed.

IKO Forex Limited - The Ideal Place for Forex Trading

41
STOCK and FOREX EXCHANGE / WINNERS FOR DEMO BLAST CONTEST!!!
« on: October 10, 2011, 04:45:16 PM »
Hello fellow traders!We are more than happy to announce our winners for this month.  The 1st five (5) traders with the highest accumulated gains in trading their designated demo account at the end of a given month shall win the real money prizes that will be deposited in their live trading account.  Hurry, have some fun and win more prizes.  Join for FREE, blast-off and take your best shot in trading your demo account!
Check out the contest and review the Rules and Regulations here: hxxp: ikofx. com/en/. . . ntest_rules. php

Here are the WINNERS for the month:

1st Place.  kimo , Participant Balance: 1,104,113. 38
2nd Place.  zackfx , Participant Balance: 136,110. 00
3rd Place.  wak kernal , Participant Balance: 93,563. 68
4th Place.  NARAWI , Participant Balance: 93,563. 68
5th Place.  spirit86 , Participant Balance: 86,035. 31

ITS NOT TOO LATE TO SEE YOUR NAMES ON THE LIST WHEN YOU JOIN NOW AND HAVE YOUR OWN DEMO ACCOUNT.  JOIN US FOR FREE AND WIN REAL MONEY PRIZES WHILE TRADING!!! hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

42
The said monthly contest intended for Demo Accounts was launched this 1st day of September 2011.  It is designed to test our valued traders? Forex trading skills without risking any amount of money and at the same time would allow them to win real money prizes while practicing in trading forex.  This is a great opportunity to demonstrate their knowledge with the Forex Market and to apply their analytical and methodical skills as well an excellent way to show the best trading strategy that is profitable.  The 1st five (5) traders with the highest accumulated gains in trading their designated demo account at the end of a given month (last Friday of the month 23:59 GMT) shall win the real money prizes that will be deposited in their live trading account.  Hurry, have some fun and win more prizes.  Join for FREE, blast-off and take your best shot in trading your demo account!

CURRENT RANKING: TOP 5 TRADERS as of today are:

Rank Account Nick
1 4324350 Diffooo
2 4324472 tiew
3 4324133 daniel
4 4324501 LEONG HOCK KIM
5 4324196 Rudy kurniawan

JOIN US NOW AND WIN REAL MONEY PRIZES WHILE TRADING!!!
hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

43
STOCK and FOREX EXCHANGE / Technical Analysis
« on: October 06, 2011, 08:29:52 PM »
The main strengths of technical analysis are flexibility.  There is flexibility with regard to the principal instrument.  A trader may easily apply his technical expertise to trade another currency when trading activity in the currency that he trade slows down.

There is also flexibility regarding markets.  Trader can apply the same technical principles in every market, either spot or future markets.  Finally, there is time frame flexibility.  Again the same technical principles can apply to different trading styles and time frames.

However, technical analysis is not perfect.  Technical analysis is done based on previous and current information.  So, technical analysis has its disadvantages.  The Forex market has a degree of randomness and prediction done by technical analysis will not completely accurate.  It is impossible to forecast everything correctly just based on previous and current information.

Moreover, technical analysis more often gain less profit because it need time to identify the trends in chart.  Thus, trader will late for a trading opportunity and takes less profit.  Finally, technical analysis focuses only on charts and do not take other precise factors into consideration.  Somehow, a good trading system must make use of both technical and fundamental analysis.

To show our appreciation for putting your trust on IKOfx, we welcome you with special bonus to trade with us.  IKOfx live account client are subjected to receive the IKOfx Welcome Bonus up to 500 USD with terms and conditions applied.  Please refer to the table below for amount of bonus entitled by your deposit value:

Minimum Deposits (USD) Bonus (USD) Pre-requisite to withdraw
100. 00 to 499. 99 20 10 Standard Lots
500. 00 to 999. 99 50 25 Standard Lots
1,000. 00 to 4,999. 99 100 50 Standard Lots
5,000. 00 to infinite 500 300 Standard Lots

JOIN US NOW AND ENJOY OTHER BENEFITS WHILE TRADING!!! Check us here: hxxp: ikofx. com/en/. . . alpromotion. php

IKO Forex Limited - The Ideal Place for Forex Trading

44
STOCK and FOREX EXCHANGE / Merchandise Trade Balance in Forex
« on: October 06, 2011, 07:11:46 PM »
The merchandise trade balance is one of the most important economic indicators and its value may trigger long lasting changes in the monetary and foreign policies.  The trade balance consists of the net difference of the imports and exports of an economy.  Items that are traded may include food, raw material, industrial supplies, customer goods and other merchandise.

The merchandise trade balance is interrelated to the changes in foreign exchange market.  For example, the US dollar was relatively high against other currencies.  Then, the US exporters were in disadvantage.  Their high price products lost competitive in the international market.  In order to rebalance the economic disequilibrium, the US dollar was devalued in short term period.

To show our appreciation for putting your trust on IKOfx, we welcome you with special bonus to trade with us.  IKOfx live account client are subjected to receive the IKOfx Welcome Bonus up to 500 USD with terms and conditions applied.  Please refer to the table below for amount of bonus entitled by your deposit value:

Minimum Deposits (USD) Bonus (USD) Pre-requisite to withdraw
100. 00 to 499. 99 20 10 Standard Lots
500. 00 to 999. 99 50 25 Standard Lots
1,000. 00 to 4,999. 99 100 50 Standard Lots
5,000. 00 to infinite 500 300 Standard Lots

JOIN US NOW AND ENJOY OTHER BENEFITS WHILE TRADING!!! :)

IKO Forex Limited - The Ideal Place for Forex Trading

45
STOCK and FOREX EXCHANGE / Inflation Reports and how it affects FOREX
« on: October 05, 2011, 10:03:22 PM »
Inflation measures the rate of prices rise in an economy.  Inflation has direct relation to the purchasing power of a country within its borders and the country's standing on the international markets.  Therefore, gauging inflation is a crucial macroeconomic task.  The tool of fighting inflation is raising the interest rates and the higher interest rates tend to support the local currency.  The examples of economic data that measures inflation are Producer Price Index (PPI), Consumer Price Index (CPI), Commodity Research Bureau's Index (CRB Index), and so on.

The PPI has been compiled since the beginning of twentieth century.  The PPI gauges the average price level for capital, rent and materials required for producers to manufacture their goods.  The PPI data is compiled from various sector of economy, such as manufacturing, mining and agriculture.  The PPI measures the prices at producer level while the CPI measures the prices from consumer point of view.  The sample used to calculate the index contains about 3400 commodities and the weight of each commodity used for calculation is different.  This index is released on monthly basis.

The CRB index is made with the purpose of watching for inflationary trends easier.  The CRB index consists of the futures prices of 21 commodities.  Some examples are gold, silver, lumber, copper, cotton, oil, wheat and so forth.  The rising of crucial commodity prices such as oil will start out inflation.  When the oil price increases, many other items will increase in price because the production process consumes oil.  Consumers and companies have to spend more compare with previous time to buy the same amount of goods.  Thus, the rapid rise in oil price initiates inflation and inflation wear down the purchasing power of the particular currency.

The correlation of the crude oil price and the USD/CAD exchange rate is inversely proportional relation as shown in figure 1.  Since United States is a highly industrialize country, the demand of crude oil is very high.  In addition, Canada supplies most of the crude oil to United States compare to other oil-production countries in the Middle-East due to the shorter distance between the two countries and thus the cost is relatively lower.  When the crude oil price increases, it brings large inflation pressure relatively to United States and wear down its purchasing power.  High oil prices tend to cut into the US's ability to stay productive.  Besides, Canada gained benefits from exporting the expensive crude oil.  Therefore, the exchange rate of USD/CAD falls as the Canadian dollar appreciates its value or the US dollar depreciates its value in the situation when the crude oil price rises rapidly.

IKO Forex Limited - The Ideal Place for Forex Trading

46
STOCK and FOREX EXCHANGE / FUNDAMENTAL ANALYSIS (Financial Factors)
« on: October 05, 2011, 09:34:57 PM »
Currency exchange rates are greatly influence by financial factors, particularly the interest rates.  Financial factors are vital to fundamental analysis.  Changes in a government's monetary or fiscal policies are bound to generate changes in the economy, and will be reflected in the exchange rates.  Financial factors should be only triggered by economic factors.  However, financial factors may have priority over economic factors when governments focus on different aspect of the economy.  Financial factors that affecting currency exchange rates are money supply and interest rates.

We just launched a very interesting competition called IKOFX DEMO BLAST; this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . . JOIN US AND STAR WINNING REAL MONEY PRIZES!!! hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

47
STOCK and FOREX EXCHANGE / FUNDAMENTAL ANALYSIS (Interest Rates)
« on: October 05, 2011, 09:08:40 PM »
Interest rates are the important role in the foreign exchange market because it has the capability to move the exchange rates of currencies.  Therefore, the central banks are the most influential player in this case as the central banks set the interest rates.  Different in interest rates have an effect on the relative worth of currencies in relation to one another.  Overall, the higher interest rates generate a stronger currency and vice versa.

Forex market experience volatility when central banks change the interest rates.  An accurate speculation of central banks' actions is important for most of the traders.  A higher interest rate will encourage traders to invest in that currency and cause the demand for that currency to rise.  As the result of increasing demand, foreign investments are drawn to the currency and thus causing the currency to increase in value.  In opposition, fall in interest rates will discourage investors and the currency will depreciate due to weaker demand.

For an example, a US investor that wants to deposit a saving account of 1000 dollars with domestic or foreign banks.  The US, Japan and Switzerland bank's interest rate are 4. 5%, 0. 5% and 5. 5% respectively.  Among all the options, deposit the money in the Switzerland bank is the best option that generates highest return for that investor.  The high interest rate in Switzerland bank had attracted foreign investors and this will take effects into the growth of currency value.

Since Forex is the simultaneous transaction of two currencies, then the market must focus on two respective interest rates, which is the base currency interest rate and the quote currency interest rate.  This will generate an interest rate differential and this is a basic factor in the Forex markets.  Traders will react when the interest rate differential changes, not the interest rates themselves.

Traders approaches the interest rates based on trading expectation and facts.  When there is rumor about changes in interest rate differential, traders will react before the fact.  However, the quieter of the markets is before a news release will normally signify a huge movement in the market.  Besides, the market expectations and actual new release will cause a potential breakout opportunity.  The news that comes out as the market expected usually do not cause a strong market reaction.  On the other hand, a sudden unexpected change in interest rates is then possibly to trigger a sharp currency move. 

IKO Forex Limited - The Ideal Place for Forex Trading

48
STOCK and FOREX EXCHANGE / Latest Top 5 Traders On Ikofx Demo Blast!!!
« on: October 04, 2011, 09:46:32 PM »
Its getting even more exciting each day as new traders have made it to the top! Its not too late to join and show us what you got as you enjoy Forex trading while winning REAL MONEY PRIZES!!!

Check the contest here: hxxp: ikofx. com/en/IKO_demo_blast. php

LATEST TOP 5 TRADERS as of today are:
Date 04-10-2011
Rank Account
1 4324350 Diffooo
2 4324196 Rudy kurniawan
3 4319716 Holy Ghost
4 4324133 daniel
5 4324452 Rudy kurniawan

GOOD JOB!!! Everyone is excited to who will remain on top and win the cash prizes at stake!Smile

This is a monthly contest dedicated to all Forex Traders of IKOFX with Demo Accounts.  It is designed to test our valued traders? Forex trading skills without risking any amount of money and at the same time would allow them to win real money prizes while practicing in trading forex.  This is a great opportunity to demonstrate their knowledge with the Forex Market and to apply their analytical and methodical skills as well an excellent way to show the best trading strategy that is profitable.
Each trader should designate a demo account for this contest and must register it as participant in a particular given month.  The 1st five traders with the highest accumulated gaining in trading their designated demo account at the end of a given month (last day/date of the month 23:59 GMT) shall win the real money prizes that will be deposited in their live trading account.

IKO Forex Limited - The Ideal Place for Forex Trading

49
STOCK and FOREX EXCHANGE / Welcome Bonus When You Join Ikofx Now!!!
« on: October 04, 2011, 09:25:44 PM »
To show our appreciation for putting your trust on IKOfx, we welcome you with special bonus to trade with us.  IKOfx live account client are subjected to receive the IKOfx Welcome Bonus up to 500 USD with terms and conditions applied.  Please refer to the table below for amount of bonus entitled by your deposit value:

Minimum Deposits (USD) Bonus (USD) Pre-requisite to withdraw
100. 00 to 499. 99 20 10 Standard Lots
500. 00 to 999. 99 50 25 Standard Lots
1,000. 00 to 4,999. 99 100 50 Standard Lots
5,000. 00 to infinite 500 300 Standard Lots

You can check it here: hxxp: ikofx. com/en/specialpromotion. php

We just launched a very interesting competition called IKOFX DEMO BLAST; this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .

JOIN US NOW AND HAVE FUN TRADING WHILE WINNING REAL MONEY PRIZES!!!
hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

50
* In Forex trading, a small margin deposit can control a much larger total contract value.
* Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum.
* For example:

Forex brokers offer 200 to 1 leverage,
which means that a $50 dollar margin deposit would enable a trader to buy or sell $10,000 worth of currencies.
Similarly, with $500 dollars, one could trade with $100,000 dollars and so on.
But leverage is a double-edged sword.
Without proper risk management, this high degree of leverage can lead to large losses as well as gains.

We just launched a very interesting competition called IKOFX DEMO BLAST; this continuous contest will pick the best 5 trader whom gain profit / highest equity in their demo account will won prize as much as $1000 into their separated live account! So who doesn't like the idea of earning money with $0 capital & 0% risk?. . .

As of today, here are the TOP 5 TRADERS:

Rank Account Nick Balance Equity Swap Free Date
1 4323351 n0cturn4ll 89,225. 48 89,225. 48 Yes 01-10-2011
2 4319716 Holy Ghost 80,753. 06 9,623. 82 Yes 16-09-2011
3 4319298 myk 80,035. 68 28,135. 68 Yes 15-09-2011
4 4319255 THE ONE 73,612. 93 70,690. 31 Yes 15-09-2011
5 4323928 Mak Ngah 69,651. 68 69,651. 68 Yes 03-10-2011

JOIN US NOW AND HAVE FUN TRADING WHILE WINNING REAL MONEY PRIZES!!! hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

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