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Forex Broker News for May 2013

You can find and read the latest news and press releases from all of our partner brokers here.

The Liberty Reserve money transfer gateway is currently unavailable due to reasons that are still unclear. Therefore this method will be unavailable for Deposit or Withdrawal operations until further notice.

Clients who used Liberty Reserve in order to deposit into a HotForex account will now have the option to withdraw funds via the GlobePay, Moneybookers or Webmoney money transfer gateways.

IMPORTANT NOTE: For withdrawals to be possible, the name on the HotForex trading account needs to match the name of the money transfer gateway. Therefore, clients who do not have an account with any of the above money transfer gateways will need to open an account with them under their own name.

HotForex Trading Times

Friday 24th of May 2013

Please note that due to the US Memorial Day and UK Spring Bank Holiday on Monday 27.05.2013, certain financial instrument's trading time will be affected.

The affected instruments are listed below:

CommoditiesMemorial Day;
USOilclosing on 27.05.2013 at 20:00
UKOilclosing on 27.05.2013 at 20:00
Copperclosing on 27.05.2013 at 20:00
Palladiumclosing on 27.05.2013 at 20:00
Platinumclosing on 27.05.2013 at 20:00
Sugar #11Closed

STOCKSMemorial Day
NASDAQ 100Closed
FTSE 100Closed

InstrumentMemorial Day
USA 30closing on 27.05.2013 at 18:30
FTSE 100Closed
USA 100closing on 27.05.2013 at 18:30
USA 500closing on 27.05.2013 at 18:30

MetalsMemorial Day
XAUUSDclosing on 27.05.2013 at 20:15
XAUEURclosing on 27.05.2013 at 20:15
XAGUSDclosing on 27.05.2013 at 20:15
XAGEURclosing on 27.05.2013 at 20:15

The time mentioned above is for GMT+3.

Important Notification

Friday 24th of May 2013

XEMarkets would like to inform you that during the Memorial Day holiday, celebrated in the United States on 27th May 2013, certain trading instruments will be affected.

Please see the instruments affected below. Trading times are displayed in GMT+3.

Symbol Trading Time
CL 01:00 - 20:15 (Early Close)
NGAS 01:00 - 20:15 (Early Close)
SP 01:00 - 18:30 (Early Close)
NSDQ 01:00 - 18:30 (Early Close)
DOW 01:00 - 18:30 (Early Close)
NK 01:00 - 18:30 (Early Close)
XAUUSD/XAGUSD 01:00 - 20:15 (Early Close)

HotForex are pleased to announce the launch of Final Pay, yet another payment gateway provided for your convenience.

Final Pay services businesses and individuals, giving them complete control over their international monetary transactions with the ability to make deposits via local banks. Payments worldwide can be made and received online with absolute flexibility and simplicity.

Click here to view a list of countries where Final Pay is supported.

To keep consistent with the '5pm New York" internationally recognised end-of-day in Forex markets, Synergy FX will be moving the MetaTrader offset settings on their Synergy FX MT4 platform three hours forwards from GMT to GMT+3.

When Will the Change take Place?
The change will be implemented during market close on Sunday the 26th of May, and will be in full effect on market open 07:00 AEST Monday, 27th May, 2013 (21:00 GMT | 00:00 GMT+3)

How Does This Change Impact You?
Your market watch time in MT4 will now be set at GMT+3.
Your charts will now display 5 day candles keeping in line with the industry standard. This also ensures Synergy FX trading times remain consistent with global financial markets, so that you can take advantage of our superior pricing and execution in a traditional trading environment.

Required Action
If you use an Expert Advisor (EA) which requires the GMT offset to be manually entered, please ensure that you adjust the GMT offset to GMT+3 to reflect this change before the markets open.

Synergy FX strongly recommend that you pay special attention to your closing positions on Friday the 24th of May 2013, and also to opening positions at market open the following Monday.

Download AxiTrader's latest version of MT4 to enable 'One-Click Close' and trade directly from the charts!

To enable these great new features, simply follow the steps below:

Firstly, make sure you have the latest version of MetaTrader 4 installed, either through the auto-update feature or downloading it from the AxiTrader website.

Feature 1: One-Click Close of Trade

Once the latest version of MetaTrader 4 is installed, click on "Tools" then "Options" and enable One-click trading under the Trade tab:

Once you enable one-click trading, an "X" sign will appear next to the Profit in the Trade Terminal. You can close your trade/pending order by simply clicking this "X".
Note: you will need to accept an MT4 disclaimer.

.... read more..

HotForex Prime for institutional clients

Wednesday 15th of May 2013

Designed exclusively for institutional clients, HotForex is launching Prime; the ultimate bespoke solution for small to medium sized financial and banking institutions seeking to widen their product offering with full professional support.

To learn more and get started, you can visit the HotForex website and receive a free consultation with one of their dedicated specialists to discuss and evaluate your individual goals and requirements.

Make a deposit now and watch your investment grow. You can fund your account from as little as $5 and enter the markets today. At HotForex your trading experience matters to them, which is why they offer 24/5 multilingual support in order to provide assistance wherever you may need it.

Trading with HotForex gives you access to:

  • 100% credit bonus
  • Low spreads from 0.6 pips
  • Free Technical Analysis by Trading Central
  • One Click Trading
  • Flexible leverage of up to 1:1000
  • A variety of platform options
  • Free video tutorials and educational material
  • Superior customer support available 24/5
  • And many more...

These great benefits will help you to achieve your investment goals.