Saturday, April 7, 2012

The 4 Factors to Become a Forex Broker

Everybody wants to become a millionaire. Yes, it's true. Even I wanted to be a millionaire. We venture in different kind of businesses just to become one. We invest our money, time, and energy to get what we wanted. Who would not want to be a millionaire?

One of the ways to be a millionaire is to become a Forex Broker. According to an article on FXDex:
a forex broker helps traders and investors make transactions in the foreign exchange market. Forex brokers play an important role in taking care of financial investments and advising investors on the right decisions to make. A forex broker is just like a doctor or lawyer. These people are experts in their respective fields and advise ordinary people on the right course of action to make.
And that is not simple even if we put it simply. In order to become one, you must have already acquired these factors: right education, license, experience and accreditation.

The Right Education

You must have a degree related to becoming a forex broker. There are lots of courses in universities that would lead to becoming a broker, Financial courses, Management courses, Business Courses. Go to a university and inquire. You may directly go to a dean to have the right answers.

The License

The Experience

The Accreditation

Join the Micro Trading Contest Now and Win Up to $25, 000


$40,000 in cash prizes is awarded to the three traders with the highest percentage gain. This is not a demo contest; this is a live trading competition open to all live Micro account holders. At the beginning of each month*, the slate is wiped clean and traders have a new opportunity to win the monthly prizes. What makes this forex contest unique? All prizes are cash prizes with no restrictions on withdrawing the prize money!


The winners will be the traders with the highest percentage gain. The percentage gain will be determined by comparing the beginning equity to the ending equity for the trading month*. Winners will be announced by the fifteenth of the following month.


There is no registration form or entry fee required. All live FXCM Micro accounts with a minimum equity of $500 at the beginning of the month* are automatically entered in the contest.


    The contest is open to new and existing FXCM Micro clients. Only one entry is allowed per account holder or trader. There is no registration form or entry fee required. All live FXCM Micro accounts with a minimum equity of $500 at the beginning of the month are automatically entered in the contest.
    For the purposes of the contest, the trading month officially begins at 5:00 PM New York time on the last day of the previous month and ends at 5:00 PM New York time on the last day of the month itself.
    Eligible traders are not required to participate in the trading contest. Traders can choose to opt-out from the contest at any time before, during or after the contest. Without opting out, you are subject to the contest rules. Opting out will result in disqualification from the contest. To opt-out, please contact us via e-mail at:
    Each month the top three traders will be determined as follows: The FXCM Micro account will be marked to market at 5:00 PM New York time on the last day of the previous month and 5:00 PM New York time on the last day of the month in order to determine the Entrant's beginning equity and ending equity respectively. For the purpose of the contest results, the percentage gain will be calculated using the following formula:
    100% * (Ending equity - Beginning equity - Deposits) / (Beginning equity + Deposits)
    The prize winners will be the three traders with the highest percentage gain.
    FXCM shall not be made liable for any delays in the acceptance or transmission of orders due to a breakdown or failure of transmission or communication facilities, or for any other cause beyond their reasonable control or anticipation.
    The purpose of the contest rules is to ensure that every trader will have the same opportunity for success as other traders. FXCM reserves the right to amend, waive or interpret any rule in its sole discretion when doing so would be in the best interests of the contest.
    Contestants must place a minimum of 10 trades (number of tickets) during the month. Failure to comply with this rule will result in disqualification.
    To be eligible for participation in the King of the Micro Contest, traders must be willing to let their name, winner's survey and trading record for the month be published and/or distributed by FXCM, its agents, and successors during and after the life of the contest. Personal information such as, but not limited to, your address and account number(s) will not be published. If the trader chooses not to release his/her trading record he/she must opt-out of the contest, hence, he/she will be disqualified from the contest.
    Withdrawing funds from your account or receiving a Margin Call will disqualify you from the contest for that month. Further, FXCM has sole discretion to disqualify any Entrant found in violation of the rules of the contest or if FXCM determines that such action is reasonable or necessary.
    FXCM reserves the right to extend the trading period, to postpone the starting date until after the first of each month, or to cancel the contest if FXCM, in it its sole discretion, determines that such action is reasonable or necessary. FXCM, in its sole discretion, may reject any Entrant's application for any reason.
  11. TAXES
    If required by law, FXCM will furnish an IRS 1099 Form to winners of the contest for the cash value of the prize for the tax year in which the prize was won. Winners are solely responsible for all federal, state, and local taxes on the prize, and FXCM shall have the right, but not the obligation, to make any deductions and withholdings that FXCM deems necessary or desirable under applicable federal, state, and local tax laws, rules, regulations, codes, or ordinances.

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Friday, July 8, 2011

Unlimited Discoveries Await!

Stand a chance to win 50 sets of 3D2N holiday packages for two with Park Hotel Group.
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Thursday, July 7, 2011

10 Minute Forex Wealth Builder!

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