Autumn FAQs at Forex.ee

Winter has come! As the new season begins, it’s high time to sum up company’s recent news and introduce the most frequently asked questions in autumn.

We have successfully launched a couple of new services over the past season.  The launch of Forex.ee PAMM service has become the most significant autumn event. Minimum deposit requirements on PAMM accounts are quite low, which lets each professional trader try his hand at managing a PAMM account. Forex.ee PAMM contest is another attractive promotion for our traders. We have also launched MT4 Web Trading Platform to make trading with your European broker even more convenient.

No wonder that a significant number of questions sent to our Support Team was concerning PAMM service and MT4 Web Trading Platform. Questions about 15 USD No deposit bonus remain the most popular among traders.

What other questions were received from Forex.ee traders in autumn 2015? What were the answers?

Q: I’m a citizen of Russia (CIS). Can I receive 15 USD No deposit bonus?
A: Yes, clients from Russia and other CIS countries can receive no deposit bonuses. The promo is valid for clients who registered their first trading account at Forex.ee after the 1st of September 2015.
Welcome bonus can only be credited to an STP account: minimum lot size is 0.01, spreads start from 0.5 points, there is no commission, the leverage is up to 1:500, access to ECN liquidity is provided.
For further details, please check the Campaigns section of our website.

Q: What type of PAMM accounts – ECN or STP – do you offer?
A: You can choose from 2 types of accounts: ECN and STP. All positions opened on PAMM accounts are brought to the real interbank market (Market execution type), which eliminates conflict of interests. Minimum deposit for PAMM Providers is 100 units of base currency on STP accounts and 200 – on ECN.

Q: How is profit allocated on PAMM accounts?
A:  The gains and losses are automatically distributed by the system between the Master and the Slaves based on the proportion of assigned funds, so that each party receives its part of return. Slave account holders can choose an offer with convenient parameters by joining a PAMM account.

Q: I want to attract investors for trading on Forex.ee. Can I convert my regular trading account to a PAMM Master account?
A: You need to open a separate account to be able to manage a PAMM account.

Q: Where can I check PAMM accounts rating?
A: PAMM account rating is available on our website. The information in the monitoring section includes the main parameters of Providers’ trading helping Slave account holders make the right decision.

Q: How can I deposit and withdraw funds from my account?
A: Forex.ee clients and partners can use the following payment options: wire transfer, VISA/MasterCard, Skrill, Webmoney, Neteller, Perfect Money, and Bitcoin.

Q: Is Forex.ee a licensed broker? Who is company’s regulator?
A: Forex.ee broker has all the necessary official licenses for rendering brokerage services: VVT000334, FFA000133.

Forex.ee is a European broker according to residence (NetStock OU, 4 Moisa street
Tallinn, 13522, Estonia) and regulator (Ministry of Economic Affairs of Estonia).

We are always happy to answer your question, don’t hesitate to contact us at info@forex.ee or via LiveChat.

Your European ECN Broker,
Forex.ee.

How were the spreads widening after Non-farm payrolls release at Forex.ee?

Last trading week ended December 4 – the first Friday of the month when key data for the Forex market on Non-farm payrolls was released. Every trader knows the time of Non-farm payrolls release – 16:30 (MSK). Due to its strong impact, Non-farm payrolls is known as one of the key indicators that moves the market. High market volatility during this time has a great potential for profitable trading.
At the same time, even the highest profit made on news trading can be lost due to high spread costs. Some brokers from the Forex industry widen spreads up to 50+ points even on major pairs.

Your European broker Forex.ee never does that! Spread widening even on Non-farm payrolls at our company was one of the lowest in the Forex industry. The maximum value of spread widening during Non-farm payrolls release was fixed by our experts. We suggest you to review these values and compare them with those of other brokers.

The data in the table is presented by the independent service Myfxbook, to which 2 types of Forex.ee accounts – ECN and STP – are connected for online monitoring.

Compare the values and choose the narrowest spread for bigger profits on the Forex market!

For several years Forex.ee has been among the top 5 ECN/DMA brokers offering the narrowest spreads and the lowest commissions on the market.

Get your 15 USD Welcome bonus and start profitable trading now!

We look forward to start collaborating with you!

Low spreads on FRS in Forex.ee, compare figures.

The unanimous decision members of the committee of the Federal Reserve System at yesterday's meeting raised the key interest rate on 0,25 points. We may tell that this event was the beginning of a new era for rates, for dollar and for economy of the USA. The new interval of a rate comes into force since December 17 and makes 0,25% - 0,50%.

These facts not news for traders and investors – Attention of thousands of financial market participants was attracted to the Fed meeting outcome due to the high importance of the outcome. Many clients of our company actively participated in the auction on news, having added into the account from 2-5% to 200% of profit. The good results were received by the traders applying a skalping and algo trading because terms of trade on spreads and commissions at market model of execution in Forex.ee may call excellent.

We couldn't miss opportunity demonstrate to traders and investors that the size of spreads in our company one of the lowest on Forex even in the period of crucial events of decade to which increase of a rate of FRS belongs. What were expansions of spreads on the decision of FOMC in Forex.ee?

In the Table by Myfxbook service we recorded maximum values of expansion of spreads on FOMC on ECN and STP accounts. We bring them to your attention.

Broker Forex.ee for several years among the top five of ECN/DMA  brokers with the narrowest spreads and the low commissions on Forex.  Have you already started trading on Forex.ee? Compare indicators of spreads and other terms of trade at other brokers – afford the best prices and conditions of trading with the European broker!

Participate in favorable Actions and Bonuses of the company, get even more advantages to the profittrade on Forex!

Trading during the Christmas and New Year Season 2016: Changes in Trading Hours and Reduced Leverage.

Dear Clients,
We’d like to inform you that due to Christmas and New Year Holidays the maximum leverage for all account types will be reduced down to 1:100 from December 28, 2015 to January 4, 2016.

[SIZE=4]Here are the changes implemented to trading hours during the Holiday season:[/SIZE]

Thursday, December 24
Currency pairs: normal trading hours

Friday, December 25
Trading session is closed; only trading on Crypto accounts is available

Monday, December 28
Currency pairs: normal trading hours

Thursday, December 31
Currency pairs: normal trading hours

Friday, January 1
Trading session is closed; only trading on Crypto accounts is available

Monday, January 4
Normal trading hours for all instruments, the maximum leverage is 1:500

Merry Christmas and a Happy New Year!

Your premier ECN broker,
Forex.EE.

99.8% positive feedback about Forex.ee in 2015!

On the first days of the new year we would like to discuss not the Forex market or our trading advantages. Today we have prepared a special issue about Forex.ee reputation in 2015. We have carefully reviewed available information from the Google and Yandex search results for the following query: “positive and negative feedback about Forex.ee”. We have also analyzed the comments in Forex.ee topics on more than 40 Forex forums (English and Russian), where our official representatives have been providing information support during the past year.

The topics of our company on these forums gained 298,545 views in 2015.  736 comments about the company and its services were left by the forum visitors. 98.8% of them are positive feedback, comments or questions while the negative feedback is only 1.2%.

* The specificity of your company’s business in 2015 was determined by the provision of brokerage services in online mode only by means of the Internet.

Here are some examples of the positive feedback about Forex.ee in 2015:

• “Support Team is very fast. The trading conditions are good, the spreads are very low”;
• “Good broker. I have successfully withdrawn profit several times”;
• “I’m happy with the trading conditions and would like to note individual approach”;
• “The site looks great”;
• “Withdrawals are processed fast. That’s what I have been looking for”;
• “The accuracy of execution is excellent”;
• “I can easily pip on spreads. There are many pairs with the spreads of 2 pips or lower. The Support is fast and qualified”;
• “Yes, this is 100% market execution, that’s why I like this broker”;
• “Stability, stability, and stability. I would describe the year of trading with Forex.ee in this way. There are no major technical issues, the execution is excellent, the spreads are very low, withdrawals are processed without any delays. Thank you! Will continue trading with you”;
• “Would recommend this broker to others. Trading with Forex.ee is a pleasure”.

There were only a few negative comments about the company; most of them were related to the market conditions (CHF gap early in the year). Each request was processed promptly; a solution that would suit both sides was offered.

At the end of our special issue and the year 2015, Forex.ee Team would like to thank you all for having contributed to our 100% reputation in 2015. 98.8% is a brilliant result, which confirms the efforts of our Team and gives confidence to new clients that fair Forex is possible! 1.2% shows that we have room to grow in the coming year.

The reputation of the Forex company has many components, the most important of which is your feedback. We will do our best to help you earn money with comfort in the European brokerage company!

Contest Results - Prove You are worthy a PAMM

Dear Clients,

Forex.ee Team would like to wish you a Happy New Year 2016 and success in trading!

Summing up the results of the contest, we thank all the participants and would like to note intense struggle at the final stage of the competition. Hopefully, trading on PAMM accounts will be profitable for the winners of the contest.

Here are the winners of the PAMM contest:

• Den Knyazev – 760.49%;
• Sergey Beshliaga – 609%;
• Karen Grigoryan – 589%;
• Vabaduse Trollipeegel – 480.95%;
• Aleksandr Korobkin – 460.78%.

We would like to remind you that the prize fund is 2016 USD:

1st place – $1016
2nd place – $500
3rd place – $300
4th and 5th places – $100

To get the prize, the winners need to contact Forex.ee after opening an Investment account and verifying the eWallet.

Forex.ee Team would appreciate your feedback on the contest and our trading conditions. We will consider your feedback to make our cooperation even more convenient.

Premier European broker
Forex.ee

5 reasons to trade on Forex in 2016

What will happen to the world economy in 2016? Where to invest? On what markets and what instruments to trade to minimize non-trade risks? Such questions are recently being discussed at various levels – from governmental to the level of decision making by novice traders. We are not going to escalate the acuteness of the issue. Instead, we’ll announce our position – to make money on the financial markets, the international Forex market is the best option in the coming year.

5 reasons to trade on Forex in 2016:

1.    At the beginning of the new year the World Bank has worsened all of its evaluations of the prospects for the global economy compared with its previous forecast half a year ago – the evaluation of the global GDP growth rate for 2016 fell from 3.3% to 2.9%, for 2017- from 3.2% to 3.1%. Such lowering adjustments have become a recent trend for the international financial institutions, which can be seen as a good reason to transfer sensitive trading assets in more liquid ones, as well as in currencies being tested by time and crises and precious metals (gold).
2.    Stock and commodity markets are falling worldwide. Further slowdown in growth of the world’s developing economies is expected, primarily,fall in the value of assetsin China, Brazil, Turkey and Russia. On January, 8th Brent crude oil price fell to $33.55, which was the lowest closing price for the past 11 years. Oil prices of $25 or even $10 per barrel are already considered to be possible. Is it worth investing in stock markets?!
3.    Developed world markets are conversely using incentive programs with the support of ultra-loose monetary policy, which raises interest and increases trust in highly liquid currencies of developed countries stimulating investment in them.
4.    Unstable geopolitical situation in the Middle East, in which more and more countries are getting involved, will also be affecting commodity markets for a long time increasing tension in the region as well as trade and investment risks.
5.    The main trend of the global movement of capital will be associated with moving from developing to developed countries.

Against trading shares, indices, commodities and options on the stock market in the past year, trading on the Forex market appears to be more advantageous for investment. On the real interbank Forex market, there are almost no risks to face low liquidity, or lack there of, which is quite real on stock exchanges given the current situation and the forecasted outflow of large capital in 2016. In addition, according to various studies, the volume of the Forex market is annually increasing by 10-20%. With the active development of Internet technologies even larger growth is predicted in 2016.

The European broker Forex.ee offers access to the interbank Forex market with an initial deposit of only $50 on STP and $100 on ECN account.

We guarantee unique trading conditions to each client. Such trading conditions are offered only by major participants of the financial industry – you can trade 49 currency instruments, gold and silver on the Forex market from anywhere in the world via the Forex.ee Web Trader!

Want to test Forex trading with no risks? Get a No deposit $15 Welcome bonus on STP account. The promo is valid for clients who registered their first trading account at Forex.ee after the 1st of September 2015.

We look forward to cooperation on the international Forex market!

Forex is the best choice on the financial markets in 2016!
Start from a minimum deposit at Forex.ee - only $50!

Why is order execution speed at Forex.ee ultrafast?

Order execution speed on the Forex market may range from a few fractions of a second to 3 or even 10 seconds on a volatile market. At first glance, it’s only one of the technical specifications of trading. However, market professionals unanimously consider execution speed to be as important for profitable trading asthe size of spreads and commissions. The correlation is clear: the speed of execution determines whether the order will be processed at the requested price and the trader will receive the expected profit in full or he will sustain losses.

At Forex.ee the speed of order execution is one of the highest in the Interbank Forex market: the average speed on STP accounts is 200 ms, on ECN – 300 ms.

According to statistics of an independent open source, the average execution speed in the industry is equal to 500 ms.

Here are some factors affecting the speed of order execution at Forex.ee:

•    order execution type - Market or Instant Execution;
•    liquidity providers;
•    technical resources of the broker;
•    market volatility;
•    available liquidity for the traded instruments;
•    Internet connection speed on the trader’s side.

How does Forex.ee manage to ensure the ultrafast speed of order execution?

Providing high processing speed and accuracy of order execution is a priority of Forex.ee since we are interested in profitable trading of every Client.

We only use ECN/STP technology for processing orders at Forex.ee. Clients’ orders are transferred directly to liquidity providers, where they are instantly processed in automatic mode, requotes are completely excluded. ECN/STP technology offers great opportunities for all trading strategies demanding high order execution speed: high-frequency trading, scalping, trading with EAs.

Market Execution type of processing orders used by Forex.ee assumes execution at the market price. This means that deviations equal to a few pips are possible, in this case the order can be filled not at the worst but at the best price for the trader, which more often than not happens. In order to reduce the likelihood of inaccurate processing or latency in execution to zero, Forex.ee uses the most modern equipment and advanced technical solutions for managing all stages of trading. In particular, our Clients benefit from a unique One Click Trading Level2 plugin, which not only provides high accuracy and increases the speed of order execution, but also optimizes operations on the market in times of high volatility. Our innovative slippage control mechanism effectively ensures Client deposit in case of news trading. It is built in the Forex.ee MT4 trading terminal and can be used for Market Buy and Sell orders, Pending Stop Buy/Sell orders and other order types.

Agreements with large and reliable Liquidity Providers is another achievement of our company in providing high-speed order execution. LPs guarantee the execution of our Clients' requests: any volumes on available trading instruments in the normal market will be instantly approved by Providers.

Forex.ee Liquidity Providers: LMax, CitiFX, FXOpen, Integral, Currenexand Hotspot.

Instantane ous order execution speed (up to 300 ms), no requotes, reliable liquidity providers, advanced technical solutions for trading - no need to wait, all of this is available to you today with the European broker Forex.ee!

Take a test drive of the execution speed at Forex.ee in the real Interbank market with broker’s funds – apply for a 15 USD Welcome bonus now!

The funds of Forex.ee Clients are stored in one of the oldest European banks – Swedbank.

Have you ever wondered on what account types and what bank your broker keeps money in? What happens to your spare money when you are not trading on Forex, for example, on weekends?

Following the topic of non-payments and delays in withdrawal of funds discussed in our recent forum post, these questions also require careful attention.The issue seems to be timely and sensitive. We have received a direct question on one of the forums: “Where does Forex.ee keep their Clients' money?” We will make sure to answer this question and try to do a little review of this financial aspect of the relationship between a trader and broker.

Account types brokers may use to keep their traders’ (Clients') money:
1.    Broker’s settlement account – clients’ funds and company assets are not separated.
2.    Client account where a broker is allowed to manage Clients' funds at its own discretion.
3.    Client account with a total ban on the use of Clients' funds by the broker.

In the first case traders’ funds are the least protected. Moreover, from a legal point of view, in case of bankruptcy Clients will be in the most vulnerable positionas the ground for determining each Client's participation in company assets is, in fact, insufficient. In addition, a broker has plenty of opportunities for manipulating Clients' funds to get its own maximum benefit.

The second option – a client account where a broker is allowed to manage Clients' funds – may bring additional income to the trader. For example, a broker can make a short-term deposit or a HYIP investment for Saturday and Sunday in another bank. Such investments may bring dividends to the broker and additional profit to the trader, but the risk of losing funds cannot be excluded. It is worth noting that investing traders’ free capital is a legitimate broker’s right to which the Client has agreed by selecting the relevant check box in Customer Agreement.

We only choose the third option of storing funds at Forex.ee, i.e. Client accounts with a total ban on the use of Clients' funds by the broker. We do not intend to pay additional profit to traders exposing the capital to risk. Our major priority is ensuring complete security of entrusted Clients’ funds.

Forex.ee keeps Clients’ funds on specialized accounts in the reliable Swedbank.

The money of Forex.ee Clients is transferred and stored on specializedbank accounts in the reliable European Swedbank. This bank account is used for storage of customer funds separately from our company assets. Current accounts of Forex.ee are intentionally separated from customer accounts. The company has no legal right to dispose of available funds on traders’ accounts. Our Clients can be absolutely confident that their funds are safe and protected from any external attacks, including weekends and holidays on financial markets.

A few words about Swedbank.

Swedbank was founded in 1820 as the first savings bank in Sweden. Today the bank is one of the largest banks in Sweden and has a reputation as a reliable international bank. The bank's shares are listed on the stock exchange OMX Nordic Exchange in Stockholm in Large Cap segment.

Forex.ee has been successfully cooperating with Swedbank for over 10 years. During this time, the bank has established itself as a reliable financial partner. We plan to continue working with Swedbank in the future.

Trading with Forex.ee always means safety and security of your funds on bank accounts. You can start trading on a real STP trading account with initial deposit of only $50.

We look forward to collaborating with you!

Launching of Swap-free accounts

Dear Clients,

We are pleased to announce that as part of the development, geographic expansion and attraction of different types of customers, we started providing Swap-free accounts for clients who profess Islam.

On these accounts, swap will not be charged, but commission of the order will be increased/decreased by the value equal to swap. Current swap of the currency pair can be seen in the trading terminal (View → Symbols → Properties).

To open an account, please log into MyForex.ee area, choose “Add account” menu, fill all the required information and indicate the account currency.

Then you have to submit a request via email support@forex.ee to make your account Swap-free. Please provide us with your account number and submit a proof from the mosque or imam that you are a Muslim.

We would like to remind you that Forex.ee does not charge any commissions for making deposits via a credit/debit card.

Join us on Facebook, Twitter, LinkedIn and VK.

Your premier ECN broker,
Forex.EE.

Forex.ee MT4 Time Changing to GMT+3

Dear Clients,

Please note, Forex.ee MetaTrader 4 (MT4) server time is changing to GMT+3 (daylight saving time).

When the market starts on Monday, March 14, 2016, the GMT offset in the company’s trading platform MT4 will be set to GMT+3.

Although the change should not affect open trades or the process of opening, placing, closing or modifying orders, we strongly recommend adjusting the GMT offset in Indicators and Expert Advisors to GMT+3 to match Forex.ee server time.

Join us on Facebook, Twitter, LinkedIn and VK.

Your premier ECN broker,
Forex.EE.

Winter FAQ at Forex.ee

Winter trading period came to an end, so we have traditionally prepared a post on the issues that have been the most popular and important in this interval. Usual winter null was not observed, we have received a lot of questions on various subjects. Most often our Customer Support Team has received questions regarding the No deposit bonus, about which we have repeatedly talked on this forum in our press releases – you can easily find them in our topic. How to get the $15 Welcome bonus? Is the bonus involved in drawdown? Can I really withdraw profit without having to trade a particular amount of lots?

We would like to thank those who have come to us, for your interest in our new proposals introduced during last winter: swap-free accounts, new trading accounts nominated in Japanese yen.

Our jurisdiction and licenses as well as withdrawal time and payment methods have been among the most popular questions, which is quite understandable - in times of crisis these issues seem to be very important.

We are pleased to provide the winter FAQ on the most relevant and interesting questions at Forex.ee. This useful information can never be superfluous – go ahead and read it!

Q: Do you act as a tax agent for your Customers?
A: We assume no tax liabilities for our Customers as an agent. Customers themselves are to calculate and pay taxes at their place of registration.

Q: What payment methods do you have and how long are the withdrawals processed?
A: A guaranteed payment of profit and deposits is our top priority in cooperation with Customers. 99% of withdrawal requests are processed by our specialists on the same day. Withdrawals of funds via electronic payment systems generally take from several minutes to 24 hours. Wire transfer withdrawals can take 3-5 working days. Please note that funds deposited via a credit/debit card can be withdrawn after 30 days since your last card deposit.
The methods of withdrawing funds: QIWI, Neteller, Webmoney, Skrill, Perfect Money, Payza, FasaPay, Bitcoin, VISA & MasterCard credit cards, wire transfer.

Q: Is Forex.ee planning to obtain a license of the Central Bank of the Russian Federation for operation in Russia?
A: No, because there is no need for licensing of our services in accordance with the Russian legislation on the Forex market. Forex.ee provides services to Russian traders as a foreign licensed brokerage company.

Q: What jurisdiction does Forex.ee fall within?
A: Company’s jurisdiction is located in the European Union. Forex.ee is a European broker in respect of both residence (NetStock OU, 4 Moisa street
Tallinn, 13522, Estonia) and registration (Ministry of Economic Affairs and Communications).
We have all the necessary official licenses for the provision of brokerage services: VVT000334, FFA000133.

Q: Are spreads as narrow as indicated in your advertisement? Where can I check them?
A: All the information we place in our promotional materials is absolutely accurate, including spread values. Forex.ee is in the list of top 5 ECN/DMA brokers with the most narrow spreads and lowest commissions in the Forex market.
Spread values are publicly available online on the independent monitoring resource Myfxbook.

Q: If I open a PAMM account, will the company help me to attract investors?
A: The main way to attract investors to a PAMM account is showingstable results in trading. We have set up all technical conditions so that every interested visitor of our official website had a convenient and quick access to comprehensive information about trading activities on all currently active PAMM accounts at Forex.ee. For this purpose we have created a separate PAMM portal within our website with online rating of all PAMM accounts.
Occasionally we publish reviews of the best PAMM accounts in the media.

Dear traders and investors, please submit your questions to support@forex.ee or call us at +372 6143776, come to our live chat or leave your questions and comments in our company’s topics on specialized forums.

We are always happy to help you!

Regards,
Forex.ee – your European broker.