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Tuesday, 14 September 2010 08:52

Forex Daily News: Euro Jumps vs. Dollar

Written by UFXBank Research Team
USD Dollar (USD) – The Dollar fell across the board against major rivals in Forex Trading, as risk appetite led the market. The Federal Budget Balance came out at -90.5B,…
USD Dollar (USD) – On Friday, the dollar finished with gains versus most of the major currencies as lack of confidence in the market pushed investors towards safety. The Stock…
Friday, 10 September 2010 13:24

Forex Daily News: CAD Gaining

Written by UFXBank Research Team
USD Dollar (USD) – The Dollar traded mixed versus the major currencies as better than expected economic data pushed investors to favor higher yielding currencies, but the dollar regained by…
Tuesday, 07 September 2010 08:05

Forex Daily News: EUR/USD Looking Bullish

Written by UFXBank Research Team
USD Dollar (USD) – The Dollar closed mixed against the other major currencies amid low volume in Forex Trading, as U.S. markets were closed for the Labor Day holiday. The…
USD Dollar (USD) – The Dollar fell against most major currencies in Forex Trading, as U.S. private employers added more jobs than forecast in August. This helped to ease concerns…
Friday, 03 September 2010 10:15

Forex Daily News: GBP Still Trading Down

Written by UFXBank Research Team
USD Dollar (USD) – The Dollar fluctuated against most major currencies after pending U.S. home resales unexpectedly rose, signaling the housing market may start to stabilize and boost investor appetite…
Wednesday, 01 September 2010 08:17

Forex Daily News: CAD Falls to 8-week Low

Written by UFXBank Research Team
USD Dollar (USD) – The Dollar rose versus most major counterparts in Forex Trading, partly in response to FOMC Meeting Minutes. There, members shared differences of opinion about reinvesting FED'S…
USD Dollar (USD) – The Dollar rose versus most major counterparts as U.S. stocks dropped, fueling demand for safer assets. The Core PCE Price Index came out unchanged at 0.1%…
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Which is the Best Forex Broker you have traded with?

Interview with Matthew Sheppard

Senior Forex Advisor at XForex

1. What is your name and position?

Hello, my name is Matthew Sheppard and I am a senior forex advisor at XForex.

2. What is your experience and professional background?

In the last 6 years I had filled several positions in financial institutions such as a stock broker, a foreign exchange desk manager, a financial consultant and in my recent role I serve as a senior Forex advisor for XForex which is an online forex company.

3. What type of clients you deal with?

We deal with clients on all levels from the beginning stages to the more advanced trading levels.

4. Does most of your business activity come from the online or offline world?

Because of our high presence on the web, most of our business comes from the online world.

5. Why should a trader pick XForex from all forex brokers?

Aside from all the benefits that XForex offer like commission-free trading, 24/7 online support, high leverage (200:1), XForex offers educational and learning trading experience that you won’t find anywhere else..

Our team of experts and financial trainers provide personal assistance and guide clients to financial success. We provide daily analysis and market reviews to our clients giving them a better understanding of the market and helping them trade profitably.

6. From your experience, what advice would you give a person who wants to enter the forex world?

My advice to the beginning trader entering the Forex world is as follows:
  • Learn the market and understand what you’re getting into.
  • Research and find the broker that suits your needs and wants. Look for a good offering but more importantly customer service, don’t go for the low rates offer without being certain they have a good customer service department. From my extensive experience in the Forex world your key to success will be your client-broker relationship. I can honestly say that at XForex they put an emphasis on servicing clients, which is so important.
  • Invest smartly and calculate your risks.
  • Always know when to get out of a trade.