Forex.ee

Ekaterina Fechina

Official Advertiser
May 7, 2014
523
2
59
Changes to Forex.ee server time settings

Dear Clients,

Please note, Forex.ee MetaTrader 4 (MT4) server time is changing to GMT+2 (standard time).

When the market starts on November 2nd, 2020, the GMT offset in the company’s trading platforms will be set to GMT+2.

Although the change should not affect open trades or the process of opening, placing, closing or modifying orders, however, we strongly recommend adjusting the GMT offset in Indicators and Expert Advisors to GMT+2 to match Forex.ee server time.

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Your premier ECN broker,
Forex.EE
 

Ekaterina Fechina

Official Advertiser
May 7, 2014
523
2
59
Return up to 150% of the commission with the “Cashback” feature from forex.ee

Have you always dreamed about finding a way to make your Forex trading even more profitable and spend less on trading costs? Forex.ee broker allows you to get a cashback for trades under special conditions! You do not need to apply to third party services, the money refund will be provided directly from the broker. We have gathered answers to the most important questions about the "Cashback" program from Forex.ee.



What advantages does a trader get when using the cashback program from Forex.ee?

Some of the highest payments in the industry. Under the terms of the program, a trader receives a refund of up to 150% of the basic affiliate commission for each transaction made. It does not matter whether the transaction was profitable or unprofitable.

The basic affiliate commission is a percentage of the forex.ee trading commission equal to 2.4 pips per transaction on an STP account and 15% commission on Crypto and ECN accounts.

The maximum amount of payment per trade is $100. In general, the size of the cashback depends on the margin, which is applied to all of the client's trading accounts. The minimum amount of payment is $5, the maximum is $1000.

No additional connections are required. The trader does not need to connect to third-party rebate services or register on other platforms. The cashback crediting process is automated and performed on the broker's website.

Cashback is available for withdrawal. The entire amount of funds received by traders as a refund can be withdrawn from the account or available for trading immediately after being credited to the account.

No additional actions or registrations are required to start receiving cashback. The program becomes available to every new client of the company within 90 days. In this case, cashback is automatically credited to a separate commission account of the trader.

The forex.ee formula for calculating the cashback looks like this: the amount of standard commission multiplied by the commission coefficient. You can find the coefficients and cashback example for an ECN account in the table below.

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Connect to the "Cashback" program by Forex.ee and make more money with a reliable broker!
 

Ekaterina Fechina

Official Advertiser
May 7, 2014
523
2
59
Autumn 2020 FAQs

December is coming and it’s time for our traditional column of frequently asked questions from our clients and answers to them. In today's column we are ready to say goodbye to the autumn and enter a new winter trading season and a new trading year together with Forex.ee. We hope that frosty months will be full of profit and good deals for you!



- The US elections made the market extremely volatile. Were the trading conditions in Forex.ee changed under such influence?

- Forex.ee carefully monitors the provided trading conditions to be comfortable, even during periods of high volatility. Since we are in the TOP-5 ECN/DMA Forex brokers with the lowest spreads and tight commissions, we also took over spread control during that time, providing our clients with excellent conditions. You can track them online on myfxbook with the connected ECN account of the company.

- Is it worth trading cryptocurrency now, how profitable is it?

It is up to you to decide whether to trade cryptocurrency in the current market situation. However, the cryptocurrency market is currently at its peak and is ready to set new historical records. To make traders earn money, Forex.ee offers the most popular cryptocurrency pairs with bitcoin, dollar and euro. The trading is carried out on an ECN account and minimum deposit to start trading is only $10.

- What withdrawal options do you have, how much time does it take?

Forex.ee guarantees payment of profits to its clients. 99% of withdrawal requests submitted on weekdays are processed on the same day. The company offers several withdrawal methods: Skrill, Neteller, Perfect Money, FasaPay, Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Union Pay (for residents of China, Hong Kong, Macau and Taiwan). Withdrawal of funds through all electronic systems takes from several minutes up to 24 hours. You can also withdraw funds using a Swift bank transfer – in this case, the withdrawal time depends on your bank, generally it takes from 3 to 5 business days.

- What traders’ tools are available with Forex.ee?

For more profitable trading, there are several free trading tools available with Forex.ee:
• OCTL2 plugin for placing orders at the best price with one click.
• Margin and Pip Value calculator: for calculating the margin and the value of a pip before opening a trade, as well as selecting the suitable leverage.
• History of exchange rates for getting the exact conversion rates when transferring between accounts with different base currencies.
• ECN Commission Calculator.

If you have any questions, please send them to our email support@forex.ee or ask them in online chat at the company's website.
Enter the winter season and get ready for a new trading year with a true ECN broker Forex.ee!
 

Ekaterina Fechina

Official Advertiser
May 7, 2014
523
2
59
Trading Hours Schedule for the 2021 Christmas and New Year Holiday Period

Dear Traders,

Please note the changes in trading session times on Christmas and New Year 2021.

Thursday, December 24th, 2020

FX Spot CFD, Crypto CFD
– regular trading hours;
Metals – trading ends at 20:45.


Friday, December 25th, 2020

Only crypto-pairs will be traded. All other markets are closed.


Thursday, December 31st, 2020

FX Spot CFD, Crypto CFD
– regular trading hours.


Friday, January 1st, 2021

Only Crypto CFDs are traded. All other markets are closed.

Please consider these changes when planning your trading activities during the festive season.

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Your premier ECN broker,
Forex.EE
 

Ekaterina Fechina

Official Advertiser
May 7, 2014
523
2
59
Dollar, Euro and Bitcoin predictions for 2021

Many people, from professional analysts to novice traders, are trying to imagine the possible future of the market. Quite often predictions are announced at the beginning of the year, and 2021 was no exception. Forex.ee has collected for you the most realistic predictions for the new year for top assets.



• Should we expect the US dollar collapse?

The US national currency kicked off the new year with a weak start as expectations for a global economic recovery bolstered demand for riskier assets. On the first business day of 2021, the dollar index fell to its lowest level for the last 3 years, and the euro rose as much as 0.7% against the dollar toward a high last seen within 2 years. Market sentiment is improving as concerns over the accelerating spread of the coronavirus are brushed aside and vaccines are rolled out.

However, expert opinions about the future of the US Dollar vary: some analysts say it is more likely to see the tendency towards a weaker dollar because of the Federal Reserve monetary policy, while others assume that Biden will not interfere the regulator's activities as much as Donald Trump did, and will not put pressure on the Fed to ease the policy. However, even the President's non-intervention will not strengthen the currency, it will continue to weaken, at least in the first half of the year due to the Federal Reserve's asset purchases of $120 billion per month. And this number may be increased after a new stimulus package adoption. And unplanned and significant shock events can make a huge amount of difference.

• What will happen to euro? The European economy will begin to recover from the crisis as the pandemic recedes and restrictions are weakened, and the ECB's softened policy will also contribute to this. European currency will keep up its advantage over the dollar due to the interest rates difference: the rate is above zero in the eurozone, while in the USA it is below zero. The experience of previous years shows that euro is showing a tendency to strengthen with growing demand for risk in the markets.

• What about Bitcoin? The world’s first cryptocurrency started 2021 with a new breakneck growth. Within a few days its price increased by 20%, and reached another historical record of $40 thousand. Opinion is split over whether Bitcoin could replace gold as a safe haven asset. Today, most experts expect further records from the cryptocurrency throughout this year. The most optimistic ones predict the price ahead of $100 thousand for one Bitcoin. And the pace of Bitcoin growth is stimulated by a rapidly weakening dollar, which suggests further growth of the asset. It is notable that in terms of its capitalization, Bitcoin almost caught up with Tesla. Now the cryptocurrency capitalization is $640 billion, which is only $30 billion less than Elon Musk's company.

• What to expect from the Central Bank? Most experts agree that in 2021 banks will proceed an ultra-easy monetary policy. Bloomberg’s quarterly review of monetary policy says that no major western central banks are expected to hike interest rates this year. The assumption is that regulators first want to guarantee the economic recovery is safe before they even start to consider tightening policy.

• What do the “stars” say?

It is interesting that astrologers also make their predictions for financial well-being. Thus, experts in the "stars" say that the near future will be financially controversial, since now the planet is in the last wave of financial growth, and in the near future there will be a downturn. Waves of tension are expected in February and April-May.

Whether to believe the stars, technical indicators or market analysts is up to you, of course. One thing is for sure – in 2021 you can implement any trading strategies with more than 100 trading assets on ECN/STP accounts with a reliable broker Forex.ee!
 

Ekaterina Fechina

Official Advertiser
May 7, 2014
523
2
59
Choose predictable and safe trading terms with Forex.ee

Traders deal with risks every day. And it is important to separate predictable and manageable risks within the framework of the chosen strategy from “surprises” that some unreliable brokers may bring to you. Transparency of trading conditions should be considered as an indicator of reliability. A broker interested in long-term work with a client on mutually beneficial terms will provide open access to detailed trading conditions even before the registration of the Personal Account. Figures and exact data in percents should be presented on the company's website in full.



Forex.ee provides an opportunity to study all the trading conditions in a detailed specification, which makes cooperation transparent and predictable for clients.

Specification is a list of trading conditions for each financial instrument. It helps the trader to choose trading assets in accordance with his trading strategy, expectations and preferences. The specification for each type of account can be found on the Forex.ee website.

In Forex.ee you have access to the following trading accounts: STP, BASIC, ADVANCED ECN, PREMIUM ECN and Crypto. Clients can use an unlimited number of trading accounts connected to the eWallet.

What trading conditions for each account are presented in the specification?

For each type of account, the information on the minimum deposit, minimum lot, spread, maximum leverage, commission, currency and the availability of an Islamic account is provided. So, you can start trading on an STP account with a minimum deposit of $50, the minimum lot of 0.01, and the maximum leverage of 1:500.

The specification provides detailed information on all important trading parameters and account collateral requirements. Forex.ee trading specification includes:

• Symbol and Description,
• Spread (from 0 pips),
• 1 lot contract size,
• Min trade (from 0.01),
• Margin Call,
• Stop Out,
• Market Order and Stop Order Max Slippage.

The company's clients are protected from various manipulations and hidden changes in the trading terms. You can find legal information on trading accounts on the Forex.ee website in the Documents section. More detailed trading conditions are specified in the Client Agreement for each trading account.

Instant order execution, minimal spreads, no requotes and trading restrictions, detailed specifications – choose honesty, trade with a reliable broker Forex.ee!