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Trading forex (FX) and CFDs are deemed as a “high risk investment” and it is possible to lose more than you initial investment. Understanding the risks when trading is a key part of developing your trading plan. Before you place a live trade, ask yourself questions like; “Do I know how to use this trading software?” Abshire-Smith offers 3 different trading platforms. If you are new to one of our platforms, then we would recommend that you open a practice t…

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MetaQuotes the MetaTrader 4 developers have released a new build for the mobile application on the 2nd April 2014. The new build 587 (Version 4.0.587), has a slightly different look that has been optimised for iOS7. According to update within the iTunes App stores the application has 24 new graphic objects for technical analysis: lines, channels, Gann and Fibonacci tools, Elliott Waves and geometric shapes. To update the new version of the mobile application, visit the app store…

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The foreign exchange (FX) market is one of the most liquid tradable assets, with over $5 trillion of daily transactions. The market is decentralised and primarily traded over-the-counter (OTC) rather than exchange based. The FX market is popular for many reasons, though one important reason for individual traders is that it is open 24/6. This means that FX is tradable from Sunday night (Asian market open) continuously until Friday evening (US close). There is only a short period when FX isn&…

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The UK financial regulatory body has evolved from the previous regulator, the Financial Services Authority (UK) into two separate regulatory authorities; the Financial Conduct Authority (www.FCA.org.uk) and the Prudential Regulation Authority (www.bankofengland.co.uk). Abshire-Smith was previously regulated by the FSA (UK), and is now regulated by the FCA. The company’s details can be located on the Financial Services Register. What has happened to the Financial Services Au…

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If you are new to trading the financial markets or haven’t traded using one the Abshire-Smith leading multi-asset platforms then opening a demo trading account is recommended. What is a demo trading account? A demo trading account is a practice account. The prices are updated in real time, however the demo trading funds are not. This enables you to begin to understand margin spot FX and CFD trading without the potential risk to your capital. Abshire-Smith offe…

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This report details: - Which countries requested information from Facebook about their users - The number of requests received from each of those countries - The number of user/user accounts specificed in those requests - The percentage of these requests in which Facebook were required by law to disclose at least some data Country Total Requests Users / Accounts requested…

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The new version of the MetaTrader 4 platform includes the functionality for “one-click trading”. The update is automatically downloaded when the trading platform is opened. To add single click trade tickets to a chart select Alt+ T Abshire-Smith have now released the new update 482 for the MetaTrader 4 platform. If you would like to request a demo, please complete this form. If you have any questions regarding the latest update please contact us.…

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The foreign exchange (FX) market is decentralised and predominantly executed over-the-counter (OTC). In the majority of spot FX positions, the trader is required to take delivery of his currency T+2 (settlement two days after the transaction date). However if a trader doesn’t want to take delivery of his position, then it is “rolled” into the next day. This occurs each day at 5pm ET (New York) and the positions are effectively closed and then reopened for the next trading d…

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Foreign Exchange Direct Market Access (DMA) Originally the majority of retail traders were unable to access the direct underlying market due to the size and frequency of their trades. Trading was originally restricted to banks, inter-dealer brokers, hedge funds and local (proprietary) traders. The OTC market is based on bilateral credit lines between institutions, which have counterparty risk. As technology has advanced, electronic screen based trading and opened up trading to t…

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