Trading with Brokers | SigmaForex

Foreign exchange brokers, unlike equity brokers, do not take positions for Themselves; they only service banks. Their roles are:

• bringing together buyers and sellers in the market
• optimizing the price they show to their customers
• Quickly, accurately, and faithfully executing the traders' orders.

The majority of the foreign exchange brokers execute business via phone. The phone lines between brokers and banks are dedicated, or direct, and are usually in-stalled free of charge by the broker. A foreign exchange brokerage firm has direct lines to banks around the world. Most foreign exchange is executed through an open box system a microphone in front of the broker that continuously transmits everything he or she says on the direct phone lines to the speaker boxes in the banks.

This way, all banks can hear all the deals being executed. Because of the open box system used by brokers, a trader is able to hear all prices quoted; whether the bid was hit or the offer taken; and the following price. What the trader will not be able to hear is the amounts of particular bids and offers and the names of the banks showing the prices. Prices are anonymous the anonymity of the banks that are trading in the market ensures the market's efficiency, as all banks have a fair chance to trade. Brokers charge a commission that is paid equally by the buyer and the seller.

The fees are negotiated on an individual basis by the bank and the brokerage firm.
Brokers show their customers the prices made by other customers either two-way prices or one way prices from his or her customers. Traders show different prices because they "read" the market differently; they have different expectations and different interests. A broker who has more than one price on one or both sides will automatically optimize the price. In other words, the broker will always show the highest bid and the lowest offer. Therefore, the market has access to the narrowest spread possible. Fundamental and technical analyses are used for forecasting the future direction of the currency trading.

A trader might test the market by hitting a bid for a small amount to see if there is any reaction. Brokers cannot be forced into taking a principal's role if the name switch takes longer than anticipated. Another advantage of the brokers' market is that brokers might provide a broader selection of banks to their customers. Some European and Asian banks have overnight desks so their orders are usually placed with brokers who can deal with the American banks, adding to the liquidity of the market.

Forecast And Win An Account

Get A Free Real Account

Through Sigma indicators you can forecast the upcoming prices of the pairs & get a chance to win a $ 50 live Sigma account.

For participation please select the pair that you are predicting for it, then fill in the following form & don't foreget to write down your
forecasted price.

Sigma Forex encourage the clients to study and analyze Forex Market by giving them more promotion and more chances to begin trading at
Forex Market.

• First: Choose one pair from the platform.
• Second: Try to use Technical And Fundamental Analysis to predict Friday's closing price for this pair.
• Third: Write down in an email the following data:

1) Your Telephone Number
2) Your First and Last Name
3) The Choosen Pair
4) The Predicted Price
5) Your E-mail Address

• Fourth: Send this emails at If at any time you need assistance please click on the Live Chat button on the right menu and one of our customer support staff will help you through the process.

Foreign Exchange as a Financial Market | Sigma Forex

Currency exchange is very gorgeous for both the corporate and individual traders who make money on the Forex - a special financial market assigned for the foreign exchange. The following features make this market different in compare to all other sectors of the world financial system:

• heightened sensibility to a large and continuously changing number of factors;
• Accessibility to all traders in the major currencies;
• guaranteed quantity and liquidity of the major currencies;
• increased consideration for several currencies, round-the clock business hours which enable

traders to deal after normal hours or during national holidays in their country finding forex trading markets abroad open and extremely high efficiency relative to other financial markets.

This goal of this manual is to introduce beginning traders to all the essential aspects of foreign exchange in a practical manner and to be a source of best answers on the typical questions as why are currencies being traded, who are the traders, what currencies do they trade, what makes rates move, what instruments are used for the trade, how a currency behavior can be forecasted and where the pertinent information may be obtained from.

Mastering the content of an appropriate section the user will be able to make his/her own decisions, test them, and ultimately use recommended tools and approaches for his/her own benefit.


Sigma Forex is leading European professional online trading Brokers registered in the Switzerland and most of the EU countries. It was founded by professional private investors including (banks, traders, brokers, and software developers), which enabled Sigma to identify the essential needs of the Forex participants from the start.

Since 2003, Sigma’s aim has been to provide the best, powerful and most suitable currency trading technology along with superiority in execution, competitive services, and dependable customer service. Over the past years, Sigma has quickly become one of the world’s leading online retail currency trading institutions, providing integrated global trading systems, analysis techniques and the most reliable and sophisticated online trading software. We offer internet trading through Meta Trader. This trading platform is very stable and reliable. It is highly regarded and very popular among traders.

Sigma Forex Ultimate Monthly Champion

Interested clients who wish to take part in this competition shall send a request via email at Contest@sigmaforex.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it Attached with the following information:Full namePhone numberCurrent valid passport or government issued photo IDIt begins at the beginning of each month.After recieving your request we will provide you with further details and with your Practice account login information which will be used in the trading contest.Also you have to download Sigma Forex Platform to login with the account number and password after receiving them.In each contest you will recieve $ 5'000 as balance with 100:1 as leverageThere will be 5 prizes awarded each contest for the participants that managed at least 30 Standard lots

SigmaForex Advices You Trade Trends For Profits

In the financial markets, a trend is generally understood to be the current market direction. Markets can be trending higher, trending lower, or trending sideways.
But defining a trend so that it can be profitably traded is something else entirely.
Many would say the S&P 500 Index is currently in a bullish trend. But at the same time, the Nasdaq Composite and Nasdaq 100 Index have been trading sideways for months. So trends can obviously exist for one sector while another is going nowhere.
Just saying that a trend consists of "rising" prices, or "declining" prices is not enough. Every day is different. A trend must be clearly defined in order to be profitably traded.
And what about time frame? Are we talking about a trend on a 5 minute bar chart where it could last an hour? Or is it of longer duration; days, weeks, years?
It is easy to determine trends on a chart of prices that have already occurred. Developing a trading strategy that will keep you on the right side of future trends is needed to profit from trend trading (market timing).
Successful market timers know and use several facts about trends that give them an edge in trading them:
1. While financial markets may spend time in consolidation (sideways trends), they are more often moving up or down for sustained periods of time.
2. A timing strategy that defines trends can be used to take advantage of continued momentum in the market place.
3. Trends tend to go higher, or lower, than most investors expect. So correctly identifying and trading a trend can be very profitable.
4. Profitable trends occur only once or twice a year. The rest of the time the markets trend sideways. The Nasdaq, for example, would have to be considered as being in a sideways trend over the past several months.
Because tradable trends only occur once or twice a year, market timers must be prepared to sometimes wait months before catching that one highly profitable trend.
a. To be consistently successful over time, market timers must have clear rules telling them when to enter, and when to exit.
b. When in a sideways trend, market timers often have multiple trades that result in small losses, or small gains. These small losses and gains "must" be accepted because timers "must" trade every identified trend change. There is no way to know "ahead of time" which trend will be the highly profitable one.
c. Market timers usually make the majority of their profits in only one or two trades a year. If you don't take every trade, you will likely miss the one that makes most of your profits.
d. When the markets are in a bullish or bearish trend, trading position changes may not occur for months at a time as the trend progresses. Exiting early to lock in profits can cost you dearly. The trend must be allowed to play out without making unnecessary trades because of volatile short term conditions.
e. A profitable trading strategy will "not" allow a market timer to miss that trade!
Correctly identifying and trading financial market trends with mutual funds, ETF's and even carefully selected stocks, is doable, profitable, and with a well tested trading strategy can achieve results far above "buy-and-hold" investing.
Market timing, when following a well thought out trading strategy, is actually "less" risky than a buy and hold approach.
The active investing style used in FibTimer's market timing strategies (identifying and trading trends) prevents huge losses in the inevitable bear markets (or any large decline that is of substantial duration).
If bearish strategies are used in the timing strategy, declining markets actually add to profits.
Market timers, when following a well defined and tested timing strategy that identifies market trends, will consistently beat the market over any fair time frame.

SigmaForex LTD Registrations And Regulations

SigmaForex LTD is leading European professional online trading Brokers registered in the United Kingdom and most of the EU countries.

What is meaning by registered?

means that there is a company called SigmaForex LTD inside united kingdom & registered by United Kingdom Law & follow the governmental rules.

SigmaForex LTD registered & follows the governmental rules in United Kingdom and anyone can check that by visiting this official website: http://wck2.companieshouse.gov.uk/ this is a UK governmental website.

http://wck2.companieshouse.gov.uk/d8846c7fe805874be7c646b1ed4f10ce/companysearch?disp=1&frfsh=1216759237#result this is the full link where you can find SigmaForex LTD with the registration number.

SigmaForex LTD Regulations:

SigmaForex LTD working now to be regulated with FSA (United Kingdom Financial Service Authority) but now SigmaForex LTD is complying with FSA and many financial authorities like NFA, CFTC, FSC and others.

Why SigmaForex LTD not working in the regulation of NFA?

Most of Traders ask this question and it's a common question for any broker. Here's the answer; NFA (National Future Association) regulate the Financial Companies that based in United State and have Future Trading. SigmaForex LTD not inside United State and doesn't has Future Trading. But NFA rules are compatible with the rules that SigmaForex is following and you can check with your self.

Complying: Means that this company follows the rules 100% and meet their regulatory obligations efficiently.

Dear Trader, you must be involved and know the difference between FSA and NFA. Many Forex Brokers inside united State not regulated by NFA because they don't work with Future Trading but they are complying with them & follow the same rules as the Forex broker that regulated with NFA.

Forex Broker Regulation - Part One

What good is forex broker that you can trade and make money with, but when it comes time to take your money, they don't give it to you, because they don’t have it?

Forex Broker Bust Story. Refco was the biggest forex broker that was worth around $4 billion dollars. In October of 2005, Refco shut down its operations and every trader who had money with them got screwed big time.

Refco was regulated and for some time they were spending not only their profits but also deposits of their clients.
The amounts of money that traders saw on their trading platforms and the amounts of money Refco had in their bank accounts were different by $400 million.

So when the news hit the wire that Refco is running at such deficit, traders panicked and started asking for withdrawals. The only problem was that Refco was $400 million short of what it owed to traders.

There was a trial of course, and whatever assets the company had the court ordered to distribute among traders. I knew some people that had money with Refco. As far as I remember, after all assets were sold they got around 10% of what was owed to them. That means if person had $10,000 in his trading account, he got only $1,000 of it.

Forex Broker Regulation - Part Two

Difference Between Regulated And Complying

The Most Common Question that traders ask brokers is:

"Are You Regulated by NFA?"
"Are You Regulated by FSA?"
"Are You Regulated by CFTC?"
"Are You Regulated by SEC?"
"Are You Regulated by SIPC?"
"Are You Regulated by FINRA?"
"Are You Regulated by Mr.X?" :)

No, Don't Ask this question because there are many fictions regulations. Don't Be The Fish!
The Right Action to take is to compare between the rules and restrictions of the regulatory associations and the rules that the broker follow.

Complying With FSA means that this broker working in the regulation process and follow all the rules that the regulatory body has.

Regulated By FSA means that this broker already regulated by FSA & may Follow the rules.

Why?
NFA, FSA, CFTC, SIPC, SEC, .....etc all of these associations are private sectors in the origin. The Main Aim is to Collect as much brokers as they can to increase from their popularity beside the governmental associations
Do You Know that FSA, NFA or others charge Millions Of Dollars to authorize the regulation of brokers. All these money are distributed as following;
1- Part For The Tax Authority
2- Part For The Private Sector
3- Part For Governmental Sector
Some Brokers Play with these rules after paying all of these parts and it's time for scamming.

Don't Take Your Decision After The 1st Impression
Test The Services
Test The Trust
Test The Security
Test The Attitude
Test The Credibility
Test The History
Test The Quality
Test The Speed
Compare With Others
The Take Your Decision!

Forex Broker Regulation - Part Three

The difference Between NFA (National Future Association) And FSA (Financial Services Authority)

NFA [National Future Association]:
To Be Able To Register in NFA you must have the following:

1. You Brokerage Firm Based in United State
2. Working in Futures
   

These two rules are basically must be there to be able to regulate with NFA

FSA [Financial Services Authority]:
To be able to register with The FSA your brokerage firm must be exist & based in United Kingdom

Question: I have a brokerage Firm in United Kingdom. Can I register with NFA?
Answer: No You Can't. But If you have branches in USA you can do it

Question: I have a brokerage Firm in USA. Can I register with FSA?
Answer: No You Can't

Errors In The MetaTrader 4 | SigmaForex

Strange and unbelievable!

Meta Trader 4 has the option that you can enter more than type of account for different brokers through the same platform.

For Example If you installed SigmaForex Platform, you will find in your drive C: / the following Pass: [C:\Program Files\MetaTrader – SigmaForex]

If you installed another Meta Trader 4 for another broker a conflict can be occurred because 2 Meta Trader 4 but for different Brokers.

Let's continue our example with another broker like FXCM or Interbankfx or Swiss Global Broker. All of them are using Meta Trader 4 as trading station. Let's Install FXCM Software.

You will find this pass in your Drive C: / [C:\Program Files\FXCM Trader 4]

N.B: Some Versions of windows copy the same folders while installing the same version of the software

That you may find FXCM installed inside SigmaForex & this one from the disadvantage in Meta Trader 4 & Meta Quote published this issue in their FAQs to be available for Traders to solve the issue.

The Solution is to open the platform that you are using e.g.: SigmaForex. Then Open a folder called Config. [C:\Program Files\MetaTrader - SigmaForex\config]

You have to erase All SRV files for other brokers & just leave SigmaForex-Demo.svr and SigmaForex-live.svr

And here's the post of the Meta quote from their website:

"Client terminal allows you to connect to any MetaTrader 4 Server. If you connected to another company's server from your client terminal, the parameters of that connection were stored in a special configuration SRV file in the "\MetaTrader 4\config\" folder of the client terminal.

To remove foreign servers from the server list of your client terminal, just go to the "\MetaTrader 4\config\" folder of the client terminal and delete the unnecessary SRV files.

MetaTrader4 Creats Conflict between SigmaForex and InterBank FX

Confusions seem to be endless with technical programs. As a result of using MetaTrader4 program, many intersections between different platforms occur.

Applying this fact between SigmaForex platform and that of InterBank FX, while installing any of them.

InterBank FX MetaTrader4: After installing InterBank FX MetaTrader4 you will find the extension

[C:\Program Files\Interbank FX Trader 4\config]

Open the folder that called "config" you will find InterBank FX Demo.srv and InterBank FX -Live.srv

SigmaForex also have the same Forex Software but under their name Meta Trader 4.

Let's run the setup of this software & go the same extension again [C:\Program Files\MetaTrader - SigmaForex\config], Open also [C:\Program Files\InterBank FX Trader 4\config]

The Same Folders, The Same Software make some version of windows rewrite the files in these folders with different names.

The Result:

That you will be able to be connected with two kinds of servers through one program!

MetaTrader4 Creats Conflict between SigmaForex and FXCM

Let's Do It Again Using SigmaForex and FXCM (Forex Capital Market)

MetaTrader4 is mostly used among brokers because it is so simple in use & easier for new traders in Forex market, and more accurate.

There are many advantages for this Forex Software but as we know that there is no perfectness without drawbacks; so, one of the most known drawbacks of Meta Trader4 that there is conflict in SRV files in its configuration.

For An Example:

FXCM Meta Trader 4: After installing FXCM Meta Trader4, you will find in C:/ driver a folder named Program Files

C:\Program Files\FXCM Trader 4 this is the extension of the FXCM Meta trader 4

Open the folder that called "config" you will find FXCM-Demo.srv and FXCM-Live.srv

SigmaForex also have the same Forex Software but under their name Meta Trader 4.

I want you to run the setup of this software & go the same extension again [C:\Program Files\MetaTrader - SigmaForex\config], Open also [C:\Program Files\FXCM Trader 4\config]

The Same Folders, The Same Software make some version of windows rewrite the files in these folders with different names

The Result:

That you will be able to be connected with two kinds of servers through one program!

Intersection between MetaTrader4 Programs

As you know that MetaTrader4 used widely among brokers because it is so simple in use & more easy for new traders in Forex market.

There are many advantages for this Forex Software but as we know that there is no advantages without disadvantages; so, one of the most disadvantages in Meta Trader4 that there is conflict in SRV files in its configuration.

For An Example:

FXCM Meta Trader 4: After installing FXCM Meta Trader4, you will find in C:/ driver a folder named Program Files

C:\Program Files\FXCM Trader 4 this is the extension of the FXCM Meta trader 4

Open the folder that called "config" you will find FXCM-Demo.srv and FXCM-Live.srv

SGB (Swiss Global Broker) also have the same Forex Software but under their name Meta Trader 4.

I want you to run the setup of this software & go the same extension again [C:\Program Files\Swiss Global Broker\config], Open also [C:\Program Files\FXCM Trader 4\config]

The Same Folders, The Same Software make some version of windows rewrite the files in these folders with different names

The Result:

That you will be able to be connected with two kinds of servers through one program!

What Is The Link Between SigmaForex And North Finance

Question: Is SigmaForex Partner with FXCM?

Question: Is SigmaForex Partner with North Finance?

Question: Is SigmaForex Partner With Interbankfx?

Answer: For Sure SigmaForex is an independent broker.

Question: Why I see in the statement of SigmaForex Another broker.

Answer: Because you don't follow the instructions of Meta Trader 4

Question: What are these instructions?

Answer: 1^st You have to make sure that your new installation is separated from the other installations that already exist.

Question: Please, open a channel of understanding for me

Answer: Tell You What?!

Look there is a problem in Meta Trader which is that most of brokers are using it as a trading station. Also most of traders are using it without any suffer because it's so easy & so simple while trading.

But because most of brokers are using it so you may find a conflict inside your Meta trader & another Meta Trader for a different broker inside our PC.

For Example: SigmaForex & North finance: the both are different brokers

After installing Meta Trader of SigmaForex & After Installing the Meta Trader of North Finance I found SigmaForex-Demo inside North Finance Meta Trader 4! I thought they are related to each others but the truth is that they are different independent brokers, but while installing one of them a file has been transferred from one Meta Trader to the other.

Open C:\Program Files\MetaTrader - SigmaForex\config

Open C:\Program Files\FxPro MetaTrader\config

You Will find SigmaForex.srv

SRV file is a linkage between your setup & the server of the broker, so if one or more from these files transferred from one setup to another it will show you two brokers in the same Platform!

Thanks For These Information

SIGMAFOREX PIP VALUE CALCULATOR

Sigma Forex provide Pip value calculator in order to make it easy for clients to calculate the value of spreads also clients can use it if they want to know a price of a single pip for any Forex traded currency.Fill in the required pair and the traded lot size to get the pip value of the pair.Please enter the following fields in order to calculate Pip Value.

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SigmaForex MetaTrader 4

MetaTrader 4 is an online trading platform which is specially made for financial institutions dealing with Forex, CFD, and Futures markets. it strives to supply the adequate information and tools in order to make the Forex traders' decisions more appropriate and easy.The platform includes all absolutely needed elements for brokerage services via internet including the dealing desk and the back office.

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SIGMAFOREX DEMO ACCOUNT

Learn And Develop your trading skills with Sigma platform!A Free practice account is a great way to experience the Forex market without risking any money.· For Novice TradersFor those who did not trade in the forex market before can get accustomed to following a market, and open themselves to a whole new way to invest, and it also gives them the chance to understand how the trading platform works.· For Regular TradersFor those who are familiar with trading in forex market, a practice account can help them to get use to the particular characteristics of the Forex market or our trading platform.
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SIGMAFOREX ONLINE SUPPORT

It's a well known fact that no business can exist without satisfied customers, Sigma support you with all your needs that have been chosen according to your demands.Simply complete the following form, stating your contact details, and we will respond straight away.

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