Forex Blog @ FxBees.com

We are happy to welcome many new members lately at FxBees.com. As you know, FxBees.com is not only about trading and publishing results. Its also about sharing experiences and ideas as well as improving your trading results by learning from the best. To make sure that you get the most out of FxBees.com, we would like to give you some recommendations:

1. Follow other members through your real-time feed
At FxBees.com all trades of  our members are disclosed in real-time. We also use this data to build statistics documenting the individual past performance of every member. What does that mean for you? You can browse through endless trading statistics of every member and identify successful traders at first glance. Once identified, you can follow the activities of interesting members in real-time by clicking the follow button. Your indididual real-time feed will be displayed inside of your trading application, regardless of which solution you use (read more on that later). So you stay up-to-date about trading activities of your favorites, copy their trades and learn from them.

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The widely known standard Forex account has a smaller brother called Mini account and – not so well known – an even smaller brother called Micro account. While the reasonable minimum deposit for a standard account is somewhere arround $2,000 one can start trading with $25 in a Micro account.

Beginners who are about testing the waters of Forex trading, have to determine wether to paper trade with a Demo account or to get their feed wet with a Micro account. Before you start trading, you have to have a strategy anyways. As long as you dont have a strategy, dont play with real money! Given you already made your first steps in Forex trading, a Micro account could be the right choice for you. Here is why…

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There we go: After endless hours of development, testing, development and a closed beta (alpha?) version, we are very happy to announce the launch of our public beta test today! All interested traders are invited to test our platform and to give openly feedback.

What is so special about FxBees.com?
FxBees.com is not a typical Forex community, it does not even has much in common with what is usually called a “Forex community”. FxBees.com is rather a combination of community features and a trading platform. FxBees.com takes the community inside of your trading platform and your trading activities in the community and thus creating a total new Forex experience. FxBees.com can actually help you to become a better trader! (more…)

First of all: 75% of our readers and followers on Twitter are familiar the advantages of the FOREX market. However beginners are not, so this especially for you guys.

Besides many other positive aspects there are a few facts which stand out from the rest: Liquidity, absence of market manipulation, nonstop trading activity, no bull & bear cycles. Lets take a closer look at these factors.

1. Liquidity:
The Forex market is by far the most liquid market place in the world. Only the daily retail volume – which accounts for approx. 3% of the total volume – is about 100bn USD (yes, per day). Thus investors are always able to buy and sell at very competitive prices. The spread in the Forex market is usually not higher than two pips (otherwise change your broker!) for the mai n currency pairs comprising EUR, USD, JPY, GBP, CHF.  (more…)