Alan’s Forex Blog

Greetings forex autotraders. I’ve got news from ZuluTrade that they’ve added the popular Swiss ECN forex broker, Dukascopy, to their supported brokers list. I for one believe this is excellent news indeed. The spread alone justifies zulutrading through Dukascopy. If you’re using a signal provider that uses scalping strategies then you most definitely want to […]

Hello fellow traders. Did you guys hear about the CFTC’s proposed leverage changes? First the NFA FIFO regulations, then the lowering of max leverage to the existing 100:1 limit, now this!? What’s next? No leverage at all?
The U.S. Commodity Futures Trading Commission (CFTC) announced on January 13, 2010 that it is seeking public comment on […]

WTF MB Trading?! What is wrong with your MT4 demo price feed/server?! Check this out folks:
1662449 2009.12.31 15:37 buy 2.70 gbpchf 1.67306 1.65760 1.67910 2009.12.31 17:10 1.00000 -2.57 0.00 0.73 -17 574.73
1662455 2009.12.31 15:00 sell 4.90 usdcad 1.04740 1.06260 1.04330 2009.12.31 17:10 1.05365 -2.89 0.00 -1.70 -290.66
1662460 2009.12.31 16:03 sell 3.00 eurgbp 0.88632 0.90140 0.88150 2009.12.31 17:10 0.89023 -2.53 0.00 -2.03 -189.82
1662480 2009.12.31 16:43 buy 4.10 usdchf 1.03516 1.01890 1.04020 2009.12.31 17:10 1.00067 -2.41 0.00 -1.59 -1 413.14
1662483 2009.12.31 16:35 sell 3.00 eurchf 1.48330 1.49840 1.47770 2009.12.31 17:12 1.00000 -2.53 0.00 -3.10 13 981.95
Notice something unusual?
This is taken from my demo FapTurbo account. I thought it a good idea to continue my long term test of FapTurbo with a ECN […]

Looks like FXDD is on a press release roll here. First they announced their NFA membership approval, and now they announce plans to open operations in the EU zone. What can I say, good on them! I see there is mention of higher leverage levels. Make of it what you will, here is the press […]

Looks like FXDD (one of the brokers that I use when testing EAs) finally obtained NFA membership.  I know a lot of traders were complaining that FXDD shouldn’t be trusted since they’re weren’t regulate, so there you have it now, they’re fully regulated. Does NFA membership instantly make a broker trustworthy? No, it does not. […]

Hello dear fellow forex traders. I’ve got some news from the forex broker front. It seems FXDD has decided to register with the CFTC and the NFA. Yep, they’re now finally going to be “regulated.” But as you may or may not know this means that the new NFA regulations will apply and as a […]

Greetings fellow traders. I bring good news! The Swiss ECN Forex broker known as Dukascopy has just recently lowered their minimum account size to $5000! I for one am glad they’ve decided to make this change because it means I can now afford to have an account with them.
Here is their brief press release:
“Dukascopy (Suisse) […]

Hello fellow pip warriors! I’ve got some news coming from one of the ECN forex brokers that I recommend - Dukascopy.  I just got word from them that they’ve launched a “Live Economic Calendar.” This is a new service which instantly delivers data on influential reports and announcements to the trading platform allowing news-traders […]