EUR/USD (Swing Forecast)
Potential StrategyWait until a new pattern emerges.
What is the trend? Neutral
What is this pattern? No pattern present
Why is this significant? There is no high probability pattern so we cannot place a trade.
What other indicators or Fib Levels support this thesis? No trade
Reason for StrategyWe have drawn a bearish channel on the 2hr Chart that has provide fairly accurate support and resistance at this point.  The pair also has broken the Daily Chart channel.  Both of these charts point to a move farther down, but we will still stay on the sidelines until a new pattern emerges.Trade InvalidationNo trade
Support & Resistance Levels
Resistance 3 Bottom of channel See Daily Chart
Resistance 2 1.4746 38.2% of AB on the Daily Chart
Resistance 1 Top of channel See 2hr Chart
Current Price 1.4530  
Support 1 Bottom of channel See 2hr Chart
Support 2 N/A N/A
Support 3 N/A N/A

                                  
Daily Chart - Broken bullish channel.
2hr Chart - Bearish channel. DISCLAIMER: This forum and the information provided here should not be relied on as a substitute for extensive independent research before making your investment decisions. Global Forex Trading is merely providing this column for your general information. The views of the authors are not necessarily those of Global Forex Trading, its owners, officers, agents or other employees. In addition, any projections or views of the market provided by the authors may not prove to be accurate. Global Forex Trading and the currency research team will not be responsible for any losses incurred on investments made by readers and clients as a result of any information contained in this column. Global Forex Trading and the currency research team do not render investment, legal, accounting, tax, or other professional advice. If investment, legal, tax, or other expert assistance is required, the services of a competent professional should be sought. This website is not intended for residents of the United Kingdom, Singapore or Australia.

Forex Brokers with Web Based Platform

Posted by makemoneyus | 11:37 PM

A list of on-line Forex brokers which fully support Forex trading purely in the Internet browser window, without installing any trading software. This allows trading from almost any place that has a computer and doesn't require any additional software installation. Browser based Forex brokers usually offer Java and Flash trading platforms that run in the browser smoothly and securely.

eToro — Forex Broker

eToro:
Company: eToro Inc.
On-line since: 2007
Country of origin: Cyprus
Regulation: Registered member of NFA (ID: 0382918).
Payment options: Moneybookers, WebMoney, bank wire, credit cards, PayPal and Neteller
Minimum account size: $50
Minimum lot size: 0.1 lot
Leverage: 1:100, 1:200 and 1:400
Spreads: 2 pips on EUR/USD
Advantages:

Newbie friendly platform
Web-based trading platform also available
Innovative approach to Forex
Great user support
Muslim-friendly accounts are available
Variety of electronic payment systems for funds transfers
Bonuses on deposit
Free courses for the real account traders
Disadvantages:

No MetaTrader software support
Click here to open an account with eToro

Finexo — Forex Broker

Finexo:

Company: Finexo Global Investments Ltd.
On-line since: 2004
Country of origin: Cyprus
Regulation: Regulated by German authority BaFin.
Payment options: Credit cards, wire transfer, PayPal, Moneybookers, Liberty Reserve
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: 2 pips on EUR/USD
Advantages:

Browser based trading platform
Disadvantages:

No Metatrader 4 software support
Click here to open an account with Finexo

Easy-Forex — Forex Broker

Easy-Forex:

Company: Easy-Forex
On-line since: 2001
Country of origin: Cyprus
Regulation: Registered with NFA (ID #0358754).
Payment options: Credit cards, PayPal
Minimum account size: $200
Minimum lot size: 0.025 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD
Advantages:

No need to download trading software
Ability to "freeze" current rates for a few seconds
Oil trading is available
Disadvantages:

No MetaTrader 4 software support
Java based trading platform
High spreads
Click here to open an account with Easy-Forex

Forex WebTrader — Forex Broker

Forex WebTrader:

Company: Finexo Global Investments Ltd.
On-line since: 2007
Country of origin: Cyprus
Regulation: Unregulated
Payment options: Credit cards, wire transfer, PayPal, Moneybookers, Liberty Reserve, e-Bullion
Minimum account size: $25
Minimum lot size: 0.01 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD
Advantages:

Web based Forex trading platform
Regular trader contests
Disadvantages:

No Metatrader 4 software support
No contact phone available
Click here to open an account with Forex WebTrader

ACM — Forex Broker

ACM:

Company: ACM Advanced currency markets SA
On-line since: 2002
Country of origin: Switzerland
Regulation: Member of NFA (ID: 0388715). Directly regulated by the Swiss Federal Department of Finance (FDF).
Payment options: Bank wire and PayPal
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD
Advantages:

Java-based and Flash-based trading platforms
Integrated live news feed
Regulated by Swiss Federal Department of Finance
Disadvantages:

No MetaTrader4 software support
Opening account is a complicated process
Browser based platform
Click here to open an account with ACM

Forex.com — Forex Broker

Forex.com:

Company: GAIN Capital Group
On-line since: 1998
Country of origin: USA
Regulation: Registered Futures Commission Merchant (NFA ID #0339826).
Payment options: Bank wire
Minimum account size: $250
Minimum lot size: 0.1 lot
Leverage: from 1:100 to 1:200
Spreads: 2 pips on EUR/USD
Advantages:

Web based trading platform available
Free news stream and real-time alerts
MetaTrader 4 platform available
Disadvantages:

Some countries and states are not allowed to open accounts
Click here to open an account with Forex.com

FXCM — Forex Broker

FXCM:

Company: Forex Capital Markets
On-line since: 1999
Country of origin: USA
Regulation: Registered with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). Also regulated by the official regulators in UK, Canada, Hong Kong, Australia and France.
Payment options: On-line checks, bank wire, paper checks and credit cards
Minimum account size: $2,000
Minimum lot size: 1 lot
Leverage: 1:100 and 1:200
Spreads: 2-3 pips on EUR/USD
Advantages:

Unique trading software
MetaTrader 4 support
Web-based platform is available
Great user support
Training courses available
Access to DailyFX.com
Disadvantages:

Limitations for MetaTrader 4 accounts
No mini-Forex accounts
Click here to open an account with FXCM

OANDA — Forex Broker

OANDA:

Company: OANDA
On-line since: 2001
Country of origin: USA
Regulation: Registerd with Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA ID #0325821).
Payment options: Bank transfer, checks, PayPal
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: 1:50
Spreads: Variable, usually 2-2.5 pips on EUR/USD
Rating: 8.1/10 with 106 votes

Rate OANDA Broker: Rate
Categories: PayPal Forex brokers
Forex brokers with web platform
Gold trading brokers
Advantages:

No need to download trading software
Variable spreads which can be very low
No limit on trade size
Disadvantages:

No MetaTrader 4 software support
Java based trading platform
Spreads can jump up unexpectedly
Click here to open an account with OANDA

High Street Networking — Forex Broker

High Street Networking:

Company: Forex EuroClub
On-line since: 1999
Country of origin: British Virgin Islands
Regulation: Unregulated
Payment options: WebMoney and wire transfer
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: 1:200
Spreads: 4 pips on EUR/USD
Advantages:

One of the oldest on-line Forex brokers
Web based Forex trading platform
Disadvantages:

No Metatrader 4 software support
No contact phone available
Click here to open an account with High Street Networking

MGFOREX — Forex Broker

MGFOREX:

Company: MG Financial Group
On-line since: 1997
Country of origin: USA
Regulation: Registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA ID #0308808).
Payment options: PayPal, wire transfer, credit cards and checks
Minimum account size: $500
Minimum lot size: 0.1 lot
Leverage: up to 1:100
Spreads: 3 pips on EUR/USD
Advantages:

Muslim friendly Forex broker (fees instead of overnight interest)
Regular Forex trading contests
Multi-currency accounts
Disadvantages:

No MetaTrader 4 software support
Click here to open an account with MGFOREX

IG Markets — Forex Broker

IG Markets:

Company: IG Group
On-line since: 2001
Country of origin: United Kingdom
Regulation: Regulated by the Financial Services Authority (FSA) and a member of the London Stock Exchange (LSE).
Payment options: Wire transfer, checks, credit cards and Moneybookers
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: up to 1:50
Spreads: 3 pips on EUR/USD
Advantages:

Solid financial company
Web based trading platform
CFD and metals trading is available
Disadvantages:

No Metatrader 4 software support
Low leverage - 1:50
Click here to open an account with IG Markets

iFOREX — Forex Broker

iFOREX:

Company: iFOREX
On-line since: 2006
Country of origin: British Virgin Islands
Regulation: Unregulated
Payment options: Bank wire and credit cards
Minimum account size: $100
Minimum lot size: 0.5 lot
Leverage: up to 1:400
Spreads: 3 pips on EUR/USD
Advantages:

Web and stand-alone trading platforms available
Disadvantages:

No Metatrader 4 software support
No demo accounts available
Click here to open an account with iFOREX

ActivTrades — Forex Broker

ActivTrades:

Company: ActivTrades Ltd
On-line since: 2004
Country of origin: United Kingdom
Regulation: Regulated and authorized by the Financial Services Authority.
Payment options: Bank wire and credit cards
Minimum account size: €250
Minimum lot size: 0.01 lot
Leverage: up to 1:400
Spreads: 2 pips on EUR/USD
Advantages:

Metatrader 4 Forex broker
Multiple custom trading platforms available
Java platform available
Disadvantages:

Limited demo accounts
Click here to open an account with ActivTrades

GCI Financial — Forex Broker

GCI Financial:

Company: GCI Financial Ltd.
On-line since: 2002
Country of origin: Belize
Regulation: Registered by International Financial Services Commission of Belize.
Payment options: Wire transfer, credit cards, PayPal, Moneybookers, WebMoney and check
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Leverage: up to 1:200
Spreads: 3 pips on EUR/USD
Advantages:

Indexes and CFD trading available
Muslim-friendly Forex broker
MetaTrader 4 trading platform
Web-based platform
Disadvantages:

No important disadvantages
Click here to open an account with GCI Financial

Forex Trading Edge — Forex Broker

Forex Trading Edge:

Company: Forex Trading Edge
On-line since: 2007
Country of origin: USA
Regulation: Introducing Broker of Forex.com
Payment options: Wire transfer, credit cards and check
Minimum account size: $1,000
Minimum lot size: 0.1 lot
Leverage: up to 1:200
Spreads: 2 pips on EUR/USD
Advantages:

MetaTrader 4 Forex broker
Web based Forex charting software
Disadvantages:

Residents of United Kingdom and some other countries cannot join Forex Trading Edge.
Click here to open an account with Forex Trading Edge

Xforex — Forex Broker

Xforex:

Company: XFOREX Inc.
On-line since: 2003
Country of origin: Cyprus/Canada
Regulation: Unregulated
Payment options: Wire transfer and credit cards
Minimum account size: $50
Minimum lot size: 0.05 lot
Leverage: up to 1:400
Spreads: 3 pips on EUR/USD
Advantages:

Web based Forex trading platform
Muslim friendly Forex broker
Disadvantages:

No MetaTrader 4 support
No demo Forex accounts
Doesn't accept traders from U.S. and Nigeria
Click here to open an account with Xforex

DeltaStock — Forex Broker

DeltaStock:

Company: Deltastock Inc.
On-line since: 2001
Country of origin: Bulgaria
Regulation: Regulated by the Financial Supervision Commission and the Bulgarian National Bank.
Payment options: Wire transfer, credit card and Moneybookers
Minimum account size: $100
Minimum lot size: 0.01 lot
Leverage: up to 1:200
Spreads: variable from 0.1 pip and fixed 2 pip spread on EUR/USD
Advantages:

Supports MetaTrader platform through MetaTrader Bridge
CFD, metals, commodities and Bulgarian stocks trading is available
Both stand-alone and browser platforms are available
Both variable and fixed spreads are available
Regular trading contests
Disadvantages:

Opening an account is a complicated process
Click here to open an account with DeltaStock

Exto Capital — Forex Broker

Exto Capital:

Company: Exto Financials
On-line since: 2007
Country of origin: Switzerland
Regulation: Regulated by OAR-G, Exto Financials SA is overseen by the Federal Department of Finance in Switzerland.
Payment options: Wire transfer
Minimum account size: $5,000
Minimum lot size: 0.1 lot
Leverage: up to 1:200
Spreads: 2 pips on EUR/USD (1 pip for VIP traders)
Advantages:

Browser and stand-alone trading platforms
Disadvantages:

High account size minimum for mini Forex
Opening an account is a complicated process
Click here to open an account with Exto Capital

NobleTrading — Forex Broker

NobleTrading:

Company: NobleTrading.com
On-line since: 2006
Country of origin: Switzerland
Regulation: Regulated by NFA (ID: 0332846), FINRA and SIPC.
Payment options: Bank wire
Minimum account size: $250
Minimum lot size: 0.1 lot
Leverage: 1:40
Spreads: 2 pips on EUR/USD
Advantages:

Both browser-based and stand-alone trading platforms available
Disadvantages:

Low leverage
No MetaTrader support
Click here to open an account with NobleTrading

Fit Markets — Forex Broker

Fit Markets:

Company: Forex Investment Team AG
On-line since: 2008
Country of origin: Switzerland
Regulation: Is a subject to the Swiss Banking and Anti Money-Laundering laws. Accredited auditor is BDO Visura.
Payment options: Wire transfer
Minimum account size: $500
Minimum lot size: 0.1 lots
Leverage: up to 1:400
Spreads: 2 pips on EUR/USD
Advantages:

Web-based trading platform available
Disadvantages:

No MetaTrader 4 support
Opening an account is a complicated process
Click here to open an account with Fit Markets

ForexYard — Forex Broker

ForexYard:

Company: FxYard Limited
On-line since: 2005
Country of origin: Cyprus
Regulation: Unregulated
Payment options: Credit card, bank wire transfer and Western Union
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: from 1:100 to 1:200
Spreads: 3 pips on EUR/USD
Advantages:

Java based trading platform available
Forex market news
Trading courses available
No overnight interest rate accounts available
Disadvantages:

No MetaTrader 4 software support
U.S., Cyprus and New Zealand citizens can't open accounts
Click here to open an account with ForexYard

HY Markets — Forex Broker

HY Markets:

Company: HY Markets
On-line since: 2007
Country of origin: United Kingdom
Regulation: Authorized and regulated by FSA (United Kingdom)
Payment options: Bank wire, credit cards, PayPal, CashU
Minimum account size: $50
Minimum lot size: 0.02 lot
Leverage: 1:200
Spreads: 3-7 pips on EUR/USD
Advantages:

Web based trading platform available
Freeze rate function
No slippage
Real-time news
Disadvantages:

MetaTrader 4 software available only to VIP clients
Click here to open an account with HY Markets

StartForex — Forex Broker

StartForex:

Company: StartForex Ltd.
On-line since: 2007
Country of origin: Cyprus
Regulation: Unregulated
Payment options: Wire transfer and credit card
Minimum account size: $100
Minimum lot size: 0.1 lots
Leverage: up to 1:400
Spreads: 2 pips on EUR/USD
Advantages:

MetaTrader 4 platform
Web-based trading platform
Muslim-friendly accounts are available
Bonus on deposits
Disadvantages:

Bucket-shop — they earn from the traders' losses
Demo accounts are available only after the first deposit
Website heavy-loads the browser
Click here to open an account with StartForex

UFXBank — Forex Broker

UFXBank:

Company: UFXBank
On-line since: 2009
Country of origin: United Kingdom
Regulation: Unregulated
Payment options: PayPal, Moneybookers, WebMoney, Neteller, Western Union, credit cards and wire transfer
Minimum account size: $500
Minimum lot size: 0.05 lot
Leverage: 1:200
Spreads: 2-4 pips on EUR/USD
Advantages:

Browser-based trading platform
Disadvantages:

Demo account only after speaking with the manager
Browser-based trading platform
Relatively high spreads
Click here to open an account with UFXBank

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