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Topics - IKOFX

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51
STOCK and FOREX EXCHANGE / WHAT IS MARGIN IN FOREX?
« on: October 03, 2011, 09:58:12 PM »
In Forex, margin is the actual physical amount in USD which required for opening a leveraged position of a specific contract size.  There are 2 types of margin found in common trading platform: Used Margin and Free Margin.  Used Margin is the amount of money used to hold open positions whereby Free Margin is the amount of funds available to place additional positions.  The margin indicates both the maximum possible leverage and the minimum amount required to open a position at a certain size.  Additionally, the margin also plays a role as the credit limit to what the trader cannot surpass.

Although IKOfx offers its clients to trade with leverage up to 500:1, but margin and leverage are utilized according to individual risk appetite and preference.  Please be reminded that IKOfx doesn't recommend trading near the full 500:1 of margin capability, which may produce a large amount of risk and exposure.
CONTRACT SIZES AND LEVERAGE

Contract sizes or better known as lots, is a necessary foundation when understanding the need and benefit for high leverage in the Forex market.  Since one standard lot traded in the Forex market is a $100,000 contract, a trader is essentially placing a $100,000 trade in the market without leverage.  As a result, most investors would difficult to afford such a transaction.
Example:

The offer of leverage of 500:1 would allow a trader to place the same one lot ($100,000) trade with only the post of $200 in the Used Margin to control a $100,000 position.
MARGIN CALL

In event of the Equity (the value of your account) falls below the Used Margin due to trading losses, you will have to deposit more fund into your account or otherwise the trading platform will automatically close some or all of your trading position at the market price to prevent your account from falling into a negative balance.  In order to continue trading after margin call, you have to deposit more fund into the account.
Example:

Trader A with a deposit of $5,000 USD for IKOfx standard account, he had open one standard lot of long position on EURUSD.  With the leverage of 500:1, he had used up $200 USD to hold this position with the remaining $4,800 as the Free Margin to open trade with and prevent margin call.

Unfortunately, the EURUSD dropped 500pips after a week due to some government financial crisis in Europe cause his Free Margin to drop beyond zero and triggered the margin level.  In this case, the trading platform will automatically close the position to prevent the account from turning into credit.  This event is known as margin call.

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?. . .  Please feel free to come and visit: hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

52
STOCK and FOREX EXCHANGE / CURRENT RANKING ( IKOFX DEMO BLAST )
« on: October 03, 2011, 08:34:56 PM »
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.

As of today here are our 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 START WINNING REAL MONEY PRIZES!!! CHECK US HERE: hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

53
In response to the fast growing number of traders that uses IKOFX Trading Platform and request for more convenience and comfort from our valued traders, IKOFX will soon launches its very own IKOFX Debit MasterCard.  It?s a pre-paid bank card that is associated directly with a foreign bank and has a variety of uses and benefits.  A part from our existing low-cost and short lead time fund deposit and withdrawal method, the existence IKOFX Debit MasterCard will let our valued traders deposit and withdraw funds to their trading accounts in just a couple of hours.  This new deposit and withdrawal method, via our IKOFX Debit MasterCard, is faster, less costly and more easy and convenient to use.  Our valued traders can also use this card as a universal method of funds withdrawal from their trading account with IKOFX anywhere in the world.  By using the IKOFX Debit MasterCard, traders will get a straight connection of their trading accounts in IKOFX and cash funds directly, or apply the card?s funds for some other uses.  Thus, having such a card would be a great advantage considering its multiple usages.

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?. . .  Please feel free to come and visit:

hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

54
The said 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.

Here is the CURRENT RANKING of the contest, you can view the participants on this link: hxxp: ikofx. com/en/IKO_demo_blast. php

The top 5 traders are:

Rank Account Nick Balance Equity Swap Free Date
1 4314527 kimo 1,003,713. 38 1,003,713. 38 Yes 09-09-2011
2 4314931 Nicol An David 315,008. 00 285,008. 00 Yes 09-09-2011
3 4317262 cipakuk 230,400. 00 230,400. 00 Yes 09-09-2011
4 4316015 slendangmaut 94,972. 73 49,037. 73 Yes 09-09-2011
5 4315115 NARAWI 89,585. 00 7,385. 00 Yes 09-09-2011

Its not too late for you to start joining and experience being on top as you enjoy trading! Goodluck participants and have fun trading with us while winning REAL MONEY PRIZES!!!

IKO Forex Limited - The Ideal Place for Forex Trading

55
STOCK and FOREX EXCHANGE / INTRODUCTION TO FOREX
« on: September 22, 2011, 06:48:32 PM »
In Forex, currencies are traded in pair; for example the US dollar and the Japanese Yen (USD/JPY).  When you buy US dollar, means you are buying share in United States economy and you are thinking of potential rising of the current and future health of US economy.  Overall, the exchange rate of Forex market is the ratio of one currency's value against another currency and it is alike the comparison between condition of two country's economy.  The entire Forex market operates 24 hours a day, 5 days a week, in a network of banks.  The cash markets are fully decentralized, so there are no official opening and closing hours for Forex trading.

The Forex operations do not refer to currencies by their full names because it is long and tiresome.  Relatively, they use standardized codes, developed by International Standardization Organization (ISO) and known as ISO codes.  As shown in table 1, ISO codes always contain three letters, which the first two letters identify the name of country while the last letter identify the name of that country's currency.

CURRENCY    ISO CODE
United States dollar    USD
European Members Euro    EUR
Great Britain Pound    GBP
Japanese Yen    JPY
Canadian Dollar    CAD
Swiss Franc    CHF
Australian Dollar    AUD
New Zealand Dollar    NZD
Singapore Dollar    SGD
Table 1 : The ISO codes for the most commonly traded currencies

Among all the currencies, the US dollar is the most popular traded currency as shown in figure 1.  The Euro is the second while the Japanese yen and the British pound are almost similar and are the third.

56
STOCK and FOREX EXCHANGE / IKOFX DEMO BLAST (Demo Trader Gain Contest)
« on: September 20, 2011, 11:19:51 PM »
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. 

Learn more about the contest here: hxxp: ikofx. com/en/IKO_demo_blast. php

IKO Forex Limited - The Ideal Place for Forex Trading

57
STOCK and FOREX EXCHANGE / SWAP RATES
« on: September 20, 2011, 11:09:23 PM »
'Swap' is also commonly known as a 'rollover rate'.  Swap is an amount paid or earned as a result of the differential interest rates applicable to currency pairs when a trader holds a position over night.  Swap rates are calculated on daily basic at 4:59 PM/ET.  To be subjected to swap, trade position must have been opened before 4:59 PM/ET and held open past this time.  Swap rates are tripled on Wednesday at 4:59 PM/ET.  Swap rate is differing for each currency pairs and depend on either long or short.  Please refer to the summary table for swap rate traded with IKOfx.

Swap rate formula:
Swap debit/credit = Current swap rate in USD per unit * lot size

Example of Swap Rate Calculation

Current swap rate for long of AUD/USD at IKOFX = 4. 50 per 100,000 units
AUD/USD at 4:59 PM/ET = 0. 9035
Trade volume = 1 standard lot ($100,000USD)
Swap debit/credit = 4. 50/100,000 x 100,000
= $4. 50 USD per day

You had earned $4. 50 USD for holding 1 lot long AUD/USD through 4:59 PM/ET daily and for Wednesday it is tripled the value ($13. 50 USD)

Note:

1.  Mini Account Swap Rates are 1/10 the size of the Standard Account Swap Rates.
2.  You can utilize the Swap Calculator from our webpage for easy swap calculation.

You can VIEW SWAP RATES LIST HERE: hxxp: ikofx. com/en/swaprates. php

IKO Forex Limited - The Ideal Place for Forex Trading

58
STOCK and FOREX EXCHANGE / Margin
« on: September 19, 2011, 07:24:49 AM »
In Forex, margin is the actual physical amount in USD which required for opening a leveraged position of a specific contract size.  There are 2 types of margin found in common trading platform: Used Margin and Free Margin.  Used Margin is the amount of money used to hold open positions whereby Free Margin is the amount of funds available to place additional positions.  The margin indicates both the maximum possible leverage and the minimum amount required to open a position at a certain size.  Additionally, the margin also plays a role as the credit limit to what the trader cannot surpass.

Although IKOfx offers its clients to trade with leverage up to 500:1, but margin and leverage are utilized according to individual risk appetite and preference.  Please be reminded that IKOfx doesn't recommend trading near the full 500:1 of margin capability, which may produce a large amount of risk and exposure.
CONTRACT SIZES AND LEVERAGE

Contract sizes or better known as lots, is a necessary foundation when understanding the need and benefit for high leverage in the Forex market.  Since one standard lot traded in the Forex market is a $100,000 contract, a trader is essentially placing a $100,000 trade in the market without leverage.  As a result, most investors would difficult to afford such a transaction.
Example:

The offer of leverage of 500:1 would allow a trader to place the same one lot ($100,000) trade with only the post of $200 in the Used Margin to control a $100,000 position.
MARGIN CALL

In event of the Equity (the value of your account) falls below the Used Margin due to trading losses, you will have to deposit more fund into your account or otherwise the trading platform will automatically close some or all of your trading position at the market price to prevent your account from falling into a negative balance.  In order to continue trading after margin call, you have to deposit more fund into the account.
Example:

Trader A with a deposit of $5,000 USD for IKOfx standard account, he had open one standard lot of long position on EURUSD.  With the leverage of 500:1, he had used up $200 USD to hold this position with the remaining $4,800 as the Free Margin to open trade with and prevent margin call.

Unfortunately, the EURUSD dropped 500pips after a week due to some government financial crisis in Europe cause his Free Margin to drop beyond zero and triggered the margin level.  In this case, the trading platform will automatically close the position to prevent the account from turning into credit.  This event is known as margin call.


Please feel free to come and visit our FB page for more latest news and updates that will help you guys to improve your decision making.  www. facebook. com/pages/Ikofx/213186568697555

59
STOCK and FOREX EXCHANGE / Spread
« on: September 19, 2011, 07:09:41 AM »
All the currency pair quotes in a two-way price, the 'Bid' and the 'Ask'.  The 'Bid' is always lower than the 'Ask' price.  The 'Bid' is the price in which the dealer is willing to buy the base currency in exchange for the quote currency means the 'Bid' is the price at which you will sell.  The 'Ask' is the price at which the dealer will sell the base currency in exchange for the quote currency means the 'Ask' is the price at which you will buy.  The difference between the 'Bid' and the 'Ask' price is popularly known as the Spread.

Example

On this GBP/USD quote, the 'Bid' price is 1. 7445 and the 'Ask' price is 1. 7449.  Thus, the spread for trading this quote will be 4 pips meaning that it will cause you 4 pips to open either long or short position for this currency quote.

IKOfx always offer its clients with low spreads and an accurate pricing system to provide the traders a fair and competitive trading ground.  Besides, our spreads are fixed under all market conditions.


Please feel free to come and visit our FB page for more latest news and updates that will help you guys to improve your decision making.  www. facebook. com/pages/Ikofx/213186568697555

60
STOCK and FOREX EXCHANGE / Swap Rates
« on: September 19, 2011, 07:00:22 AM »
'Swap' is also commonly known as a 'rollover rate'.  Swap is an amount paid or earned as a result of the differential interest rates applicable to currency pairs when a trader holds a position over night.  Swap rates are calculated on daily basic at 4:59 PM/ET.  To be subjected to swap, trade position must have been opened before 4:59 PM/ET and held open past this time.  Swap rates are tripled on Wednesday at 4:59 PM/ET.  Swap rate is differing for each currency pairs and depend on either long or short.  Please refer to the summary table for swap rate traded with IKOfx.

Swap rate formula:
Swap debit/credit = Current swap rate in USD per unit * lot size

Example of Swap Rate Calculation

Current swap rate for long of AUD/USD at IKOFX    = 4. 50 per 100,000 units
AUD/USD at 4:59 PM/ET    = 0. 9035
Trade volume    = 1 standard lot ($100,000USD)
Swap debit/credit    = 4. 50/100,000 x 100,000
     = $4. 50 USD per day

You had earned $4. 50 USD for holding 1 lot long AUD/USD through 4:59 PM/ET daily and for Wednesday it is tripled the value ($13. 50 USD)

Note:

   1.  Mini Account Swap Rates are 1/10 the size of the Standard Account Swap Rates.
   2.  You can utilize the Swap Calculator from our webpage for easy swap calculation.

Please feel free to come and visit our FB page for more latest news and updates that will help you guys to improve your decision making.  www. facebook. com/pages/Ikofx/213186568697555


61
STOCK and FOREX EXCHANGE / IKOFX DEMO BLAST (Demo Trader Gain Contest)
« on: September 19, 2011, 06:45:16 AM »
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.   

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?.   .   .    Please feel free to come and visit:
 http: ikofx.   com/en/IKO_demo_blast.   php

62
STOCK and FOREX EXCHANGE / Why Trade Forex
« on: September 19, 2011, 06:28:35 AM »
There are many benefits and advantages to trading Forex with IKOfx.   Here are just a few reasons why so many traders are choosing this market and partnership with IKOFX:

    * Commissions free. 
      No clearing fees, no exchange fees, no government fees, and no brokerage fees. 

    * No middlemen
      Spot currency trading eliminates the middlemen, and allows you to trade directly with the market responsible for the pricing on a particular currency pair. 

    * No fixed lot size. 
      In the futures markets, lot or contract sizes are determined by the exchanges.   A standard-size contract for silver futures is 5000 ounces.   In Forex, you determine your own lot size.   This allows traders to participate with accounts as small as $1 USD

    * Low transaction costs. 
      The retail transaction cost (the bid/ask spread) is typically less than 0.  1 percent under normal market conditions.   At IKOfx, the spread could be as low as 2 pips. 

    * A 24-hour market. 
      From Sunday 2200 EST to Friday 2100 EST, the Forex market never sleeps.   This is good for those who want to trade on a part-time basis, because you can choose when you want to trade--morning, noon or night. 

    * No market manipulation
      The foreign exchange market is so huge and has so many participants that no single entity (not even a central bank) can control the market price for an extended period of time. 

    * Leverage. 
      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. 

    * High Liquidity. 
      Because the Forex market is so enormous, it is also extremely liquid.   Under normal market conditions, just a click you able to instantaneously buy and sell at will.   You can even command the trading platform to automatically close your position at your desired profit level (a limit order), and/or close a trade if a trade is going against you (a stop loss order). 

    * Free "Demo" Accounts, News, Charts, and Analysis. 
      IKOfx offer free 'demo' accounts to practice trading, along with breaking Forex news and charting services on the website for beginner traders who would like to hone their trading skills with virtue money before opening a live trading account and risking real money. 

    * "Mini Account" Trading:
      You would think that getting started as a currency trader would cost a ton of money.   The fact is, compared to trading stocks, options or futures, it doesn't.   IKOfx offer "mini" trading accounts with a minimum account deposit of $1 USD.   It makes Forex much more accessible to the average individual who doesn't have a lot of start-up trading capital. 

To know more about us please feel free to visit our site:
www.  facebook.  com/pages/Ikofx/213186568697555

IKO Forex Limited - The Ideal Place for Forex Trading

63
STOCK and FOREX EXCHANGE / IKOFX - The Ideal Place for Forex Trading
« on: July 22, 2011, 08:58:25 AM »
Greetings to all forum members and guests.

I am the official representative of www. IKOFX. com.  I will be glad to answer all of your inquiries and hear your feedbacks about us.  IKOFX is also looking for a highly motivated individual for a possible international partnership.  Kindly email us at partnership@ikofx. com if you're interested.


Who we are
--------------------------------------------------------------------------------
IKOFX. com is a global Online Forex Trading provider which has been established to help Investors and/or Currency Traders to be successful in Forex Trading.  We are highly dedicated with our commitment in providing the highest possible quality service package to our clients.  IKOFX provides the best trading platform with useful trading tools and resources, including real-time information, news and updates about the Forex Market.

With our company vision, integrity, and professionalism, IKOFX brings Online Forex Trading to the next higher level.  Our passion and professionalism to serve every of our clients well transformed us into one of the world's leading foreign exchange broker especially with our strong operating experience in Asia.


Why Traders Trade in 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


IKOFX Partnership Programs   
--------------------------------------------------------------------------------
IKOFX values the essence of great partnership in every business endeavor, so we would be very much glad if you?ll join us and become one of our Partners.  Our Partnership Program has been created to compensate and award partners who referred and introduced clients to IKOFX.

IKOFX Partnership Programs are the following:

?   Affiliate Trader
?   Introducing Broker
?   Master Introducer Broker


Under those respective programs, the Partner will be entitled with a highly competitive commission that suits our partner?s strengths and referral capabilities. 

PM us or email at partnership@ikofx. com for details and inquiries.

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