The Money exchange

Category: glossary , Asked by: Marin F. From Dublin, Ireland

A: the "short covering " is Purchasing securities in order to close an open short position. This is done by buying the same type and number of securities that were sold short. Most often, traders cover their shorts whenever they speculate that the securities will rise. In order to make a profit, a short seller must cover the shorts by purchasing the security below the original selling price. Also referred to as "buy to cover" or "buyback". For example, suppose a trader has sold short 50 shares of ABC stock at a price of $10 per share because he speculated that ABC will not be successful in the near future. Unfortunately for the trader, the company has been very lucky recently and its price rises to $15 per share. In order to limit his losses, this trader decides to cover his short position by buying back the 50 short sold shares at a price of $15 per share.

Category: money , Asked by: Q. P. From Germany

A: If you're looking for a foreign exchange platform that has the highest leverage, we totally recommend you to try "AVA FX". In "AVA FX" it is up to 200:01:00. So if you think you know what you're doing, "AVA FX" is exactly the one for you. No commissions are mandatory in this one the minimum deposit for trading is $100.

Category: glossary , Asked by: O. A. From Wichita, United States

A: A transaction implemented by a forex trader to protect an existing or anticipated position from an unwanted move in exchange rates. By using a forex hedge properly, a trader who is long a foreign currency pair can be protected from downside risk, while the trader who is short a foreign currency pair can protect against upside risk. The primary methods of hedging currency trades for the retail forex trader is through spot contracts and foreign currency options. Spot contracts are the run-of-the-mill trades made by retail forex traders. Because spot contracts have a very short-term delivery date (two days), they are not the most effective currency hedging vehicle. In fact, regular spot contracts are usually the reason why a hedge is needed. Foreign currency options are one of the most popular methods of currency hedging. As with options on other types of securities, foreign currency options give the purchaser the right, but not the obligation, to buy or sell the currency pair at a particular exchange rate at some time in the future. Regular options strategies can be employed, such as long straddles, long strangles, and bull or bear spreads, to limit the loss potential of a given trade. Not all retail forex brokers allow for hedging within their platforms. Be sure to research the broker you use before beginning to trade.

Category: money , Asked by: U. Holmes from Canada

A: We recommend "GCI". In this place the leverage can get up to 400:1. So if you're chasing big numbers, "GCI" is the right kind of site for you. No commissions are mandatory the minimum deposit for registering is $500.

Category: general , Asked by: Y. Kerr from United Kingdom

A: Definitely "EToro USA". EToro USA works out of 1 Route 17 South, Suite 260, Saddle River, NJ, 07458 USA, and was established on 2007. The company is a retail online forex firm. EToro USA is regulated by NFA, of the largest financial regulators in financial history. EToro USA achieved the esteemed position of "Forexland's Top Retail Web-based Forex Trading Program ".

Category: money , Asked by: U. M. From United Kingdom

A: We think "GCI" is exactly the forex site for you if you search for a classy fx online trading software that has the highest leverage. Here the leverage is up to 400:1. So if you're feeling lucky, this fx online trading software is exactly the place for you. The minimum deposit for trading is $500 no commissions are mandatory in this site.

Category: platform , Asked by: Alexa D. From Belgium

A: We think "AVA FX" is exactly the one to consider if you're looking for a site that features the most enhanced software. The look is really great and the program's user interface is a really sophisticated one - this site is growing to be one of the most popular online sites available. Plus, downloading and installing the site's installation package is unchallenging. The communication is flowing, and it's easy to get into and start playing.

Category: money , Asked by: Keven F. From United Kingdom

A: If you're interested in a site that offers a not that big leverage, we definitely recommend you to check out "FX Universal". If you like the more careful approach, the leverage in this one gets to only 100:1, you can start with real low deposits - from $250, the platform graphics are truly innovative, the customer support is legendary, plus no commissions are mandatory in this site.

Category: platform , Asked by: Y. Berg from Charleroi, Belgium

A: If you need forex site that features the most modern fx environment, we recommend you to explore "Delta Trader". The graphics are real soothing and the program's user interface is equipped with the latest developments in an online trading environment. This forex site has become one of the most visited online forex sites available. Also, downloading and installing the platform's program is uncomplicated. The communication is flowing - you never break off even once while you're downloading, and it is simple to learn.

Category: technical , Asked by: Serena A. From United States

A: Our advice is to look for a site that is licensed by acknowledged associations, such as FSA(UK). Whenever you can verify a platform is regulated and certificated by FSA(UK), rest assure your money is safe in this one. A sublime example for such a site is "dbFX".