Out Of Office Until Thursday April 5th

Our office and administration staff will be out of the office from now until Thursday April 5th, So please be patient if you have recently sent in an application or are waiting for a return call or email.

Our March $5000 minimum promotion is now over and was very successful.  We now have lots of new clients coming aboard. From here forward our minimum will return to the still discounted number of $10,000.  As most of you know  $25,000  is normally what most other FX Managers require.

March Results

Since March ends on tomorrow/Saturday March 31st, but trading for all practical purposes stops at 5pm New York time Friday the 30th, we have posted March results early in the small table on our home page. 

FXCM systems were down before we could run a full report on the FXCM Euro account but last we checked at 10am it was down about 1/2 percent (-0.5%).  We will verify these numbers again early next week.

The main reason FXCM accounts are slightly down as opposed to Dukascopy and our Demo account are because open positions at FXCM were nearly perfectly hedged and balanced for a long period while an extra trade was triggered and opened at Dukascopy and in our Demo account.  The extra trade was  in the right direction with the currency movements and added additional gains. This contributed to the extra percentage increases you see at Dukascopy and could be expected sometimes because of the different data feeds used for triggering trades.   It could just as easily happened the other way around with FXCM accounts having the better month; either with an extra positive trade being triggered at FXCM or the extra trade going against us.

With a very choppy March and no clear trends it's a very good thing to be near even for the month as our FXCM accounts ended.  You can't win every month and the real trick is to minimize the down months as we've seen here in March with FXCM accounts.

Our systems excel with breakouts of which there were no significant ones in March.  But with world tensions building due to Iran issues anything could trigger the markets to move sharply at anytime in the near future.  April can very well be an exciting month for our systems.