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Forex Articles
UFXBank Daily Review - May 24, 2010
May 24 2010, 03:02 - 0 Comments

Daily Review 24/05/2010

USD Dollar (USD) – The Dollar weakened against most majors as the global slide in equities stabilized, reviving demand for currencies related to economic growth.

May 18 2010, 03:12 - 0 Comments

Daily Review 18/5/2010

USD Dollar (USD) – The Dollar finished almost unchanged versus most majors as equity markets gained back slightly after Friday's sharp declines.

UFXBank Daily Review - May 17, 2010
May 17 2010, 03:41 - 0 Comments

Daily Review 17/5/2010

USD Dollar (USD) – The Dollar finished higher versus most majors on Friday as uncertainty surrounding the Euro's future rose and investors turned to the safety of the Dollar.

UFXBank Daily Review - May 14, 2010
May 16 2010, 07:34 - 0 Comments

Daily Review 14/05/2010

USD Dollar (USD) – The Dollar strengthened against most majors as stocks and commodities fell on concern that European governments won’t cut deficits fast enough to halt the debt crisis.

UFXBank Daily Review - May 13, 2010
May 13 2010, 02:37 - 0 Comments

Daily Review 13/05/2010

USD Dollar (USD) – The Dollar strengthened against most majors after U.K.

UFXBank Daily Review - May 12, 2010
May 12 2010, 04:50 - 0 Comments

Daily Review 12/5/2010

USD Dollar (USD) – The Dollar finished mixed versus the majors as equity markets gave back some of their gains after investors started to question whether EU's massive bailout plan will be effective.

UFXBank Daily Review - May 11, 2010
May 11 2010, 03:36 - 0 Comments

Daily Review 11/5/2010

USD Dollar (USD) – The Dollar weakened most majors after stock markets worldwide rallied following EU's 1 Trillion Dollar Bailout plan.

UFXBank Daily Review - May 10, 2010
May 10 2010, 02:39 - 0 Comments

Daily Review 10/5/2010

USD Dollar (USD) – The Dollar weakened slightly versus the other majors on Friday but still strong as risk aversion remained higher and declines in equity markets continued.

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Broker
of the Month

UFXBank provide up-to-date charts and news feeds, coupled with an easily navigated trading platform. UFXBank traders can access the biggest market in the world 24 hours a day with ease. By keeping their platform, site and deposit process simple, safe and secure, UFXBank have become the web’s premier online forex trader.
    

Promotion
of the Month

UFXBank provide up-to-date charts and news feeds, coupled with an easily navigated trading platform. UFXBank traders can access the biggest market in the world 24 hours a day with ease. By keeping their platform, site and deposit process simple, safe and secure, UFXBank have become the web’s premier online forex trader.


    
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Broker Focus
Xforex has developed it’s own unique proprietary trading platform. It is web based which means that you can trade from any computer, anywhere in the world with no downloading involved! The registration, funding and approval process is basic and straight forward. In short, Xforex has taken currency trading to a new comfort level for the online trader.


Interview
with Matthew Sheppard
Senior Forex
Advisor at XForex


1. What is your name and position?
Hello, my name is Matthew Sheppard and I am a senior forex advisor at XForex.

2. What is your experience and professional background?
In the last 6 years I had filled several positions in financial institutions such as a stock broker, a foreign exchange desk manager, a financial consultant and in my recent role I serve as a senior Forex advisor for XForex which is an online forex company.

3. What type of clients you deal with?
We deal with clients on all levels from the beginning stages to the more advanced trading levels.

4. Does most of your business activity come from the online or offline world?
Because of our high presence on the web, most of our business comes from the online world.

5. Why should a trader pick XForex from all forex brokers?
Aside from all the benefits that XForex offer like commission-free trading, 24/7 online support, high leverage (200:1), XForex offers educational and learning trading experience that you won’t find anywhere else..
Our team of experts and financial trainers provide personal assistance and guide clients to financial success. We provide daily analysis and market reviews to our clients giving them a better understanding of the market and helping them trade profitably.

6. From your experience, what advice would you give a person who wants to enter the forex world?
My advice to the beginning trader entering the Forex world is as follows:
• Learn the market and understand what you’re getting into.
• Research and find the broker that suits your needs and wants. Look for a good offering but more importantly customer service, don’t go for the low rates offer without being certain they have a good customer service department. From my extensive experience in the Forex world your key to success will be your client-broker relationship. I can honestly say that at XForex they put an emphasis on servicing clients, which is so important.
• Invest smartly and calculate your risks
• Always know when to get out of a trade

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