IFCM Group is Launching New Website Exclusively for GeWorko Method

IFCM Group is pleased to announce about the launch of the new websitehttp://www.portfoliospread.com, which is fully devoted to the innovative financial method GeWorko.

IFCM Group is proud to announce the launch of a new website. Recently, IFC Markets, the member of IFCM Group, has launched the innovative financial method GeWorko, allowing investors creating, analyzing and trading unlimited trading instruments (several press releases have already been published regarding the topic). The idea of creating a new website mainly comes from the fast growing interest about the new product, offering investors an opportunity to trade their own hand-made financial instruments without any limitations on their composition and taking advantage of risk diversification.

The new website has an aim to provide resourceful materials about the innovative method and to raise awareness among various investors, professional traders and analysts, who have actively shown their interest regarding the new technology. The website was developed according to modern standards, using HTML5 and CSS3. It boasts a clean uncluttered design and is divided into five sections: GeWorko Method, Available assets, Resources, Company and Trading Platform. Each page provides detailed information on the above mentioned aspects.

The company is going to illustrate personal composite instruments which have optimal risk-return ratio, which will contribute to idea generation among visitors. In addition, it is going to include a special section in the website, where visitors will be able to ask questions regarding any issue and get professional answers. Accordingly, the section is going to become a ground for discussion about various trading ideas and strategies.

Moreover, the company is going to organize contests on creation of the best composite instruments which will contribute to extending the practice of GeWorko application.

To summarize, the launch of the new website, which offers quick and easy access to essential information on GeWorko Method and PCI, is part of the IFCM Group’s ongoing efforts to provide comprehensive information aboutportfolio trading to investors, professional traders and analysts worldwide. Videos, articles and other learning materials are aimed to have big contribution to extending the knowledge of anyone, interested to discover the innovative financial tool, having no analogs in the market.

About IFC Markets:
IFC Markets is a leading innovative financial company, offering private and corporate investors wide set of trading and analytical tools. The company provides its clients with Forex and CFD trading through its own-generated trading platform NetTradeX, which is available on PC, iOS, Android and Mobile. The platform is available in 15 languages. The company also offers MT4 platform available on PC, Mac OS, iOS, Android, Mobile and Smartphone. The main priority of the company is to provide highly competitive services, traditional and totally innovative trading and analytical solutions. Today IFC Markets is one of the best global CFD brokers in the market, supporting traders in multiple languages. http://www.ifcmarkets.com

How to spend thousand dollars?

          Nickolas worked as a journalist for already ten years. He was earning enough to make a modest living without any luxury. He was married once, but his wife couldn’t stand his personality of not trying to reach high goals, so he lived alone and comfortable with no reason to complain about life. His all days were similar to each other, except one, when he bought a lottery and appeared to be lucky. He won thousand dollars. Once in a lifetime Nick wanted to try something new, something he hadn’t done before, so what to do? –I always liked traveling and wanted to see new places, but everytime something was keeping me away from doing it,- he thought,- hmm I haven’t taken a holiday for a long time already, it’s right time to do it. Next day at 10 o’clock in the morning he was waiting outside of the principle’s office. –Come in,- he heard someone calling from the room.

-So you want to take a holiday to do what Nick?, - asked the principle. –Travel, Mr. Armstrong, I always wanted to visit Greece as my ancestors are from there,- answered Nick. –Oh, I see, but there is a little problem with your decision. –Problem, what kind of problem, sir? –It’s not a surprise that you haven’t written any good articles for a long time already. Maybe you have some problems I understand, but now you want to take a holiday for a month and I think it’s too much. I cannot let you do that until you give me some good material.

Nick was upset, as his desire was not fulfilled. The fact was that he really wanted to spend that money now, so what to do? He was considering leaving his job and doing what he initially decided, in the end he wanted to do that for a long time now, but it wasn’t a sensible idea and he was a sensible man. There had to be something else he could do with the money. Several ideas crossed his mind at that time. Buying a video camera sounded nice to him at the beginning, but then he remembered that he is divorced and doesn’t have children, he cannot even go traveling then why does he need a camera? He could also donate the money to the charity, it would be very kind of him, but despite of this wonderful idea he really wanted to spend the money for himself. His head full of this kind of thoughts he didn’t even notice that he was already sitting in a café and one of his old friends was trying to catch his attention. They had been very close friends once when he and Michele were still married, but after the divorce many of their mutual friends chose to support Michele and Harry was one of them. They talked about old times, remembered good days and Nick told him about his lottery prize and that he cannot decide what to do with that. It appeared that Harry was trading on foreign exchange (forex) market for several months and already earned some money. – It is certainly a risky business, but in case of having a good strategy, you can earn quite a lot and that is what I do. You should try, it will be a new and interesting way to invest money-he said. 

                It was late at night Nick couldn’t fall asleep. He was thinking about life, about the money and Harry’s words. It was a risky business he said, but Nick was never a man who was getting engaged in risky businesses. It could be the reason he was alone now. He never enjoyed dangerous trips, was always careful and sometimes boring as his friends used to say. Maybe it was time to try something risky, he wouldn’t lose anything. That night he followed his old friend’s advice and started trading. He lost money and won money, he was thinking about new strategies he could use to earn money, besides he made some new connections during that. The change made in his life had a good influence on him and also on his career, because he became more enthusiastic and interested in what he was doing. He found good material that he could use in articles, which in fact Mr. Armstrong appreciated and approved his desire to travel.

                Now he had money and had permission from boss, he could finally do what he really wanted for a long time and it felt wonderful. New life was waiting for him full of new and exciting experiences. 

Summertime Forex

Summertime is outdoors. It means a lot of suns, more cold drinkings, irresistible wish to have a rest and of course no wish to go for work. You are sitting in the office trying to concentrate on an important project but no result. Summertime is calling outside and you are dreaming of earning a lot of easy money and enjoying summer days. Believe it or not but you have a real opportunity to do so. Forex trading does not require going somewhere, thinking a lot or trying to concentrate.  You can lie comfortably on the sofa, with your laptop or mobile, drink cold juice and earn much money within a day. But most importantly, in Forex market you do not need to hurry to work every morning, to listen to your boss and be in competition with your colleagues. Imagine how free you are while trading Forex and how quickly you can earn money. Your pleasant summertime holiday is ready without much effort and time. Enjoy summertime Forex with IFC Markets!

Gaurav Learns about Bid and Ask Prices

Gaurav Learns about Bid and Ask Prices

The next meeting with my friend Gaurav took place in my office. When Gaurav entered my room, I was sitting in front of the computer, staring at the screen. You can guess that at that moment I was trading Forex and was in a panic cause my loss was gradually increasing. However, I was ready to continue familiarizing my friend with the Forex world.

-          Hi, my friend, this time I will tell you about Bid and Ask prices in Forex.

He looked at me amazed, trying to understand the meaning of the terms.

-          I will now explain everything to you, it is really simple. Look, the price at which you are ready to sell the currency is called Bid price and the price at which you buy the currency is Ask price.

-          Yes, I have grasped the main idea, Manoj, but could you bring an example just for clarity?

-          Yes, of course. Look, you open the terminal and see that the broker offers you the currency pair EURUSD with the Bid price of 1.30435 and the Ask price of 1.30404. So when you buy the base currency which in this case is the EUR you look at the price 1.30404 and when you sell, you look at the Bid price, i.e. 1.30435. So, always remember:

- YOU BUY AT ASK PRICE

 - YOU SELL AT BID PRICE

-          Everything is clear, but there is something that interests me. Why is there a difference between Bid and Ask prices?

-            Yes, I was just going to tell you about Spread. That difference is called Spread which is the profit of the broker. Every broker charges the spread which may be different for each currency pair; moreover it may be different for the same currency pair, depending on the market volatility. Hence, there are fixed and floating spreads. For example, IFC Markets offers low and fixed spreads, starting from 1.8 pips. As for pip, I will tell you about it the next time.

-          Ok, thank you very much for new information, my dear friend.

Popular Currency Nicknames in Forex Market

Popular Currency Nicknames in Forex Market

Apart from their official names, the major currencies carry special nicknames as well, which are widely spread among Forex traders. Do you want to know from where these nicknames come? So, let us reveal the origins.

USD – the US dollar. The USD received a nickname mainly because calling it simply “the Dollar” might have arisen some confusion. Let us recall that the currencies of such countries as Canada, Australia and New Zealand are also called the dollar. The nickname Dollar or Buck is popular among professional traders. But it was the term “Greenback” that has gained great popularity among Forex market commentators. This term has its history. I will now tell you, it’s very interesting. So, it was during the Civil War in America in the late 1800’s when then-president Abraham Lincoln printed U.S. Demand Notes to finance the war. He printed the front side of it black and the back side green. It was something new, since all currency notes had blank backs in that period. Now, I hope, you have understood how USD received the nickname “Greenback”.

EUR – the European Union’s Euro. The European Union or Eurozone is now using the EUR as its official currency. The circulation of the EUR started not long ago, in 1999, however it is gaining more and more popularity, yielding only to the USD. Fiber or Fibre stands as the nickname of the EUR. According to some sources, it has received that name because the EUR bills are made of cotton fiber.

  

GBP – Britain’s Pound Sterling. In Forex market the GBP is very often called just Pound, Sterling or Cable. The nickname “Cable” came about because formerly the USDGBP exchange rate was transmitted via the Trans-Atlantic telegraph cable, laid between London and New York.

CHF – Switzerland’s Swiss Franc: Swissie, the Chief. The Swissie is mainly spread among professional traders, whereas the retail Forex market prefers the name “the Chief”.

CAD –Canadian dollar. The pair USDCAD is frequently referred to as “the Funds”. This is because the currency pair trades for value one business day for funds, not two business days as in case of other currency pairs. The CAD carries the nickname “Loonie” as well. The loon is the national bird of Canada which is pictured on the one dollar Canadian coin.

AUD –Australian dollar: the Aussie: Aussie is named after a native of Australia.

NZD –New Zealand dollar: the Kiwi. Kiwi is a flightless bird, specific only to New Zealand. Thus it comes to be the national bird of the country and appears on the one New Zealand Dollar coin. Sometimes natives of New Zealand are also called Kiwis.

GeWorko Method - A Real Revolution in Financial World

Financial world already has an opportunity to enjoy an entirely new approach to financial markets research and analysis. The method is the result of a joint work of NetTradeX Corp., one of the leading trading software companies and of IFC Markets, a Forex brokerage company. The method carries the name personal composite instrument (PCI) GeWorko.

The method may sound to you as something complicated but in fact it is very simple. It will allow you creating portfolios from a range of financial assets, available on the platform NetTradeX and, most importantly, to determine the value of one portfolio relative to the other one. As a result you get a new financial asset – PCI GeWorko. Moreover, you can create both a simple structured PCI, when each portfolio consists of one asset, and a complex one with a variety of instruments.

For clarity let us see an example. You decide to trade a simple structured portfolio. So for the first portfolio you select Oil and for the second one SnP500. So now you have OILSnP500 and like in case of currency pairs the first asset stands for the base currency and the second one for the quoted one.

Likewise you can create a complex portfolio, in the first one including, for example OIL, SnP500, Gold and in the second one AUD, USD and Silver.

And take into consideration that the prices of assets are expressed in US dollars.

So, you see that the most attractive thing about portfolio trading is that you are completely free to use your imagination. There are no limits, you select as many assets as you wish, thus creating your own quotation - personal composite instrument (PCI) GeWorko.

Enjoy your Forex trading with IFC Markets!