Nowadays, many brokers are offering Micro and cent account but what is best for UMOFX traders is that they can trade in one cent while many broker require almost 11 - 15 cent to make a minimum lot size trade. Moreover all accounts in UMOFX are No ...

UMOFX Discussions

I am noticing that many brokers are giving huge leverage of about 1:2000 and 1:3000 but what about margin call levels? At UMOFX, The maximum leverage is 1:500 which is also a very decent leverage and they also offer Margin call 100% so it will same ...

UMOFX Discussions

I have noticed that many Brokers are not allowing the traders from United States. So the clients from the US keep looking for Brokers that allow traders from this region. I am trading with UMOFX and it is good to know that they Welcome clients from ...

UMOFX Discussions

I really like the IB partnership Program of UMOFX as we can earn a steady stream of compensation for Introducing Broker (IB) partnerships. They are currently offering offer 2 types of Introducing Broker (IB) partnership: 1 - Introducing broker - IB ...

UMOFX Discussions

I respect your opinion but it is a new Broker and it takes time to get in competition with top brokers who are present in market for many years. UMOFX is doing fine and I am not having any problem with them. They are making quick progress and will ...

UMOFX Discussions

The micro and and standard account at UMOFX are 4 digits with leverage upto 1:500.

UMOFX Discussions

I have been trading with UNITED MARKET ORACLE INTERNATIONAL LIMITED (UMOFX) Registered NZ Limited Company Located at “Level 10, 17 Albert St, Auckland Central, Auckland, 1010, New Zealand” from some time and quite satisfied with their services. It ...

UMOFX Discussions

I am not sure about all newbies that why they loss but I am sharing my experience that why I lost in beginning. The first reason was entering the market without thinking and using high lot on small capital. Then I was not making good entry points ...

Why do Newbies Lose?

I am real happy to make profits on NFP this time. Most of the traders just stay away from news but I like to trade on the US payrolls. As expected, EU dips on the positive data and the difference from the forecast value was big so it was a quick ...

EURUSD

I am disappointed with King's speech today as I was aiming to lock some pips on this high impact factor news even but the market did not even bother to move a 50 pips. It seems the bearish sentiment is holding for Cable and we might see a retest of ...

Cable Update (GBPUSD)

I strongly differ from the thread title as you will face loss in forex and it is good to lose because it will show you the areas for improvement. The more you improve, the more are the chances of making money. You can get a system working 90% of the ...

Never Lose in Forex - Guaranteed

We have heard that and read it so many times that 95% of the traders are losing money in the forex world. It is absolutely right but you should know that there is 5% who are winning the game so you have to go to that panel of winner. It is never ...

Can you honestly earn a good living or even get rich through forex?

I find this a useful and I am thinking to test this in demo first. If I got some good results then it will be a good tool in my forex kit. I like the concept of these resistance lines and it can add some extra pips to my bad.

Trading With Speed Resistance Lines

If anyone thinks that forex is a legal scam then why are you doing it? The answer is simple that you are also making money but when you get a loss you start thinking like this. We are trading with each other and we often get swallowed by Big fish. ...

Forex = legal scam

To be a trader, I have to give up not much. In fact, I have gained much since I started forex trading. I have figured it out that I am limiting my social circle but that is alright as I have earned good money and have made my circle in forex world. ...

What did you give up to be a trader?