“We wanted to create an option symbol format that was easier and more convenient for our customers to use.”

Charting, Portfolio Management and Trading Software for active investors.

“Since many of our customers trade options, we wanted to create an option symbol format that was easier and more convenient for our customers to use than the cryptic internal ticker formats the data services were using.”, said Anatoly Ivasyuk, CTO of DTLink Software. “So instead of something like MSQ100220P00030000, customers using Personal Stock Monitor can write MSQ Feb 20 2010 Put 30. The ticker symbol becomes an easy-to-read description of the option, instead of something you have to decipher.”

The new options ticker symbol support is available immediately, in the current release of Personal Stock Monitor Gold software.

About Personal Stock Monitor GOLD

In contrast to strictly web based solutions, Personal Stock Monitor GOLD is a Windows(tm) desktop application used by investors world-wide to automatically monitor their stock market portfolios, freeing them to explore more trading ideas in less time. Light weight enough to run in the background, PSM can monitor a portfolio, track it’s performance and alert the investor based on preset criteria. Built in trading allows the investor to act on events instantly. Personal Stock Monitor GOLD supports tracking stock market equities, options, mutual funds, ETFs and other securities all from the privacy of a dedicated desktop application. It features technical analysis charting, portfolio management calculations, reporting, an advanced alert system, scrolling ticker bar, integration with Microsoft Excel and a comprehensive scripting API for developing custom extensions.

Personal Stock Monitor GOLD works with all major version of the Windows(tm) desktop operating system including Win98 up through Windows 7, and requires a minimum of 512MB RAM, 50MB hard disk space, and an Internet connection.

Evaluation copies of Personal Stock Monitor GOLD are available for immediate download from:

http://www.personalstockmonitor.com/downloads.html

For additional information, contact:
DTLink Software
9608 48th Ave.
College Park, MD 20740
Phone: +1 (301) 441-3103 x1
Fax: +1 (301) 614-2974

On the web: http://www.personalstockmonitor.com/media_room.html

Personal Stock Monitor is a trademark of DTLink Software, L.L.C.
CollabInvest is a service mark of DTLink Software, L.L.C.

Excel, Money and Windows are registered trademarks of Microsoft Corporation (MSFT).


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Valencia, CA (PRWEB) February 10, 2010 — It’s no secret that many struggling Realtors have given up in the past few years; in fact, National Association of Realtors’ numbers show that their ranks have shrunk 11 percent since the peak of the market in 2006.

“I’ve been able to obtain 15 to 20 new leads per week with the use of these social media strategies, and I can show everyone the exact steps that I’ve used,” according to Trower.

However, there is hope for those who are willing to use new methods of real estate marketing . Real estate broker, Naomi Trower has discovered a new way to market her business using social media, and she’s been so successful at it, she has written an ebook outlining her methods step by step. The book, “Social Media Marketing: Market Your Real Estate & Mortgage Business Using The Power of Social Media”, is available at http://NaomiTrower.com/ebook.

“I have seen so many people leaving our industry during the past 3 years, so that prompted me to look at alternative cost effective strategies to market our business,” Trower explained. “The past 2 years I’ve integrated internet & social media marketing into our marketing strategy, and I have had so much success using these strategies to increase my business even in these troubled economic times, that I wanted to share that success with everyone in the real estate market.”

Trower found that using sites like Twitter, LinkedIn, Facebook and YouTube has proven to be an extremely cost effective way to market her services. It also provides her with the opportunity to reach a huge new audience who she might never have been able to reach with expensive traditional methods of advertising.

Her ebook shows how anyone can strategically grow their Twitter following to tens of thousands; how to come up with the social media marketing plan that’s right for them; how to build up fans for their Facebook business page; how to ensure that their blog is not just found in search engines, but ranked highly; and many other valuable insights into using social media to find more customers and make more sales.

“I’ve been able to obtain 15 to 20 new leads per week with the use of these social media strategies, and I can show everyone the exact steps that I’ve used,” according to Trower.

Trower, a social media strategist, avid blogger, and entrepreneur, is a real estate broker in the state of California. She owns Premier Equity Group, Inc. & Premier Realty Group. She has a team of real estate agents and mortgage consultants.

In addition to being a real estate broker, she enjoys helping others achieve real estate and business success.

Those seeking more information or wishing to purchase her ebook can visit http://NaomiTrower.com/ebook

Request a free Chapter by contacting her via email.


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“The quantified strategies presented have a very high probability of success, and that is what professional trading is all about.” – Kevin Haggerty

New York, NY (PRWEB) — Learn 16 simple strategies crucial to success for any trader. Determine if stocks or ETFs such as C, INTC, or QQQQ should be bought or sold using the backtested strategies in the book Short Term Trading Strategies That Work by Larry Connors and Cesar Alvarez.

TradingMarkets Releases the Softcover Edition of its Bestseller, Short Term Trading Strategies That Work

“The quantified strategies presented have a very high probability of success, and that is what professional trading is all about.” – Kevin Haggerty

This book is a must-read for traders at every experience level, demonstrating market behaviors that are often counterintuitive. By quantifying these behaviors, Connors and Alvarez have created a unique set of trading guidelines useful in any market condition.

Conventional beliefs about the market are challenged, including how to properly use the RSI, how to trade pullbacks and breakouts successfully, and much more. Information about setting a proper stop is sure to surprise even the most seasoned trader.

TradingMarkets.com has announced the release of Larry Connors’ bestseller, Short Term Trading Strategies That Work in softcover edition, which retails for $29.95.

For a limited time only, purchase Short Term Trading Strategies That Work in softcover edition at the special introductory price of just $19.95 at TradingMarkets.com.

Read the entire book immediately, before it even leaves the warehouse with complimentary access to the digital version of the book with purchase of the softcover edition directly from TradingMarkets.com.

For more information go to: TradingMarkets.com or call 1-888-484-8220 ext. 1.

About TradingMarkets.com

TradingMarkets.com is a stock and ETF fund trading site for independent investors of all levels. TradingMarkets.com supplies active traders with the education and tools they need to make trades based on data – not emotion. TradingMarkets.com delivers content, tools, data, and ETF fund and stock trading systems aligned with proprietary stock trading methodologies.

About Larry Connors

For more than a decade, Larry Connors has been at the forefront of research in the short-term trading of stocks, ETF funds, and other trading vehicles. Larry has a lifetime of experience as a professional trader, trading educator, and successful author. Larry’s popular stock trading books, including How Markets Really Work, Short Term Trading Strategies That Work, and his most recent publication, High Probability ETF Trading: Seven Professional Strategies to Improve Your ETF Trading, are valued by many successful traders for their common sense and careful analysis. Thousands more have benefited by subscribing to Larry’s commentary service, Larry Connors’ Daily Battle Plan which includes simple entry and exit signals for ETFs. Many traders have also benefited from using proprietary ETF fund and stock trading tools, and educational courses and newsletters available to subscribers at TradingMarkets.com.

About Cesar Alvarez

Cesar Alvarez is Director of Research for Connors Research LLC. Previously Cesar was a senior designer of Excel, helping Microsoft further create and build-out Excel. For the past 8 years Cesar has been a professional market researcher. Cesar has been at the forefront of stock market research, having developed a number of successful trading systems now used by numerous investors and fund managers in the United States and internationally. Cesar attended the University of California, Berkeley where he received his Bachelors of Science in Electrical Engineering and Computer Science in 1989 and his Masters of Science in Computer Science in 1990.

Full disclaimer at the bottom of http://www.tradingmarkets.com/.

For Further Information contact:
Eddie Kwong
Phone: (973) 494-7311 ext. 655

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Los Angeles, CA (PRWEB) — Marley Coffee LLC, the certified organic gourmet coffee company, is pleased to announce that its entire line of coffees will now be distributed in DEAN & DELUCA. The premier retailer of gourmet and specialty foods will introduce Marley Coffee in its SoHo, New York, store and soon thereafter to the rest of their locations.

“I love everything about DEAN & DELUCA. When you walk into their stores, you get a sense of class and gourmet, but done in progressive and ethical way. This is what we strive for with every bag of Marley Coffee,” says Rohan Marley, son of legendary Bob Marley and Chairman of Marley Coffee.

“DEAN & DELUCA is one of my favorite stores to shop at and we are thrilled to see our coffees in their stores,” says Shane Whittle, CEO of Marley Coffee. Off the heels of getting distribution in Whole Foods Market, Marley Coffee is on a roll since the New Year started.

For distributor information please email info(at)marleycoffee(dot)com or call 323.465.1462.

About Marley Coffee
Marley Coffee, LLC (www.marleycoffee.com) is an international gourmet coffee company. The Marley Estate sits atop the Blue Mountains of Jamaica, long revered as the region with the world’s most desirable coffee beans. Marley Coffee offers a unique line of blended and single origin coffees that are sourced from some of the top growing regions in the world: Central America, Indonesia, and the birthplace of coffee – Ethiopia. All the coffees are certified organic by the USDA and PACS Canada. Partial proceeds from the sale of Marley Coffee go towards its foundation Kicks For Cause, a non-profit dedicated to bringing soccer to urban centers.

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Richmond, VA (PRWEB) January 4, 2010 — 2010 marks the start of a new decade, and BabyPips.com, the leader in free online currency trading education, wants to make sure Forex traders start the New Year on the right track. The Forex education site released its top 10 list of resolutions to help traders execute their trading strategies successfully.

BabyPips.com Offers Forex Traders 10 Tips for 2010

“These are practical tips for traders at any experience level,” said Odell Ramirez, co-founder of BabyPips.com. “It is never too late for a Forex trader to adopt any of these resolutions. Traders should print out this list and post it on their fridge or near their computers. Any time a trader has information overload or feels dejected after a losing trade, this list will remind them to go back to the basics.”

These are practical tips for traders at any experience level,” said Odell Ramirez, co-founder of BabyPips.com. “It is never too late for a Forex trader to adopt any of these resolutions.

1. Forex traders should find their own way: Every person has their own beliefs, views, and comfort levels. What works for one trader will not necessarily work for another. Traders should learn all they can, practice what they learn, and eventually they will find a set of skills that will help them navigate and adjust to the markets.

2. Plan the trade, and then trade the plan: Having a plan means being prepared for whatever the market may give a trader, so that means executing without stress or hesitation. Traders must come up with a solid trade plan, and then stick to it. It is pointless to comb through and carefully piece together economic information and technical signals only to jump ship in the middle of the trade. When Forex traders fail to plan, then they have already planned to fail.

3. Get stopped out – the right way: A trader shouldn’t set their stop loss levels according to how much of their account they are risking. Rather, stop losses should be set at points where the original trade idea is invalidated, or no longer has the potential to be successful. Traders should set stops well beyond established support/resistance areas, or when the system signals an exit. The markets do not know how much a trader is willing to risk.

4. Don’t forget the fundies: Not every trader or trade requires absolute mastery of economic analysis and forecasting. It is possible that winning trades can be made on technicals alone, but the astute trader has to be aware of upcoming economic events. These events may have the potential to create an environment that a trader’s system was not designed for. Traders can avoid being blindsided by a Mack truck by not putting up a trade before a major event.

5. Be flexible: The markets are fickle and what catches the markets’ attention today will not necessarily move the price tomorrow. Forex traders must be ready to move with that next major sentiment change and never be married to a position.

6. Don’t force trades: If a system or trading method does not give a clear signal to be in the market, then that means there is no edge for traders to win in the current environment. Forex traders should stay out and avoid putting a trade on just because they are bored and itching for some action. No position is a position.

7. Forex traders will have losing trades: The sooner traders can accept this, the sooner they can remove the emotional stress of losing a trade, and have a clearer head for making the right decisions and adjustments.

8. Journal every detail: Traders should document technical and fundamental analysis, but they must also include their thoughts, feelings and what they were doing at that time. With a journal, traders can look back and say, “Oh, apparently I lost ten out of eleven trades when I was playing Call of Duty® with my friends. I better not trade when I’m playing computer games.” Those small lessons can really add up to becoming a better trader. Traders must keep a journal because no else will record and teach them lessons about themselves. Traders won’t know where they are going if they don’t know where they’ve been.

9. Learn to take a break: Like a developing athlete, resting is just as important. Keeping up with markets can get rough, and a trader’s mind and body can get stressed when things aren’t going their way. These are the times when it is necessary to step back and recuperate. Traders will come back stronger and refocused to take advantage of the next opportunity.

10. Manage risk consistently: There will be times where traders feel so strongly about a trade or times where they want to make back losses that go beyond their normal risk tolerance. The secret to trading success in the beginning is to survive. The markets will always be there and opportunities will always be around the corner. Traders shouldn’t take these opportunities away from themselves by blowing their account.

Forex traders can read this list and other helpful tips on BabyPips.com’s Pick of the Day blog.

About BabyPips.com
BabyPips.com is an easy-to-understand resource for Forex traders. Created in November 2005 by the FX-Men, the site seeks to protect newbie traders from losing all their money in the Forex market either from their own poor trading decisions or from Forex scams. Through free lessons in the School of Pipsology, articles, blogs, forums, and Forex tools, BabyPips.com provides up-to-date information to help protect newbie traders in the Forex market. Start trading smarter at BabyPips.com.

About Pips à la Carte
The FX-Men created Pips à la Carte in 2007 to protect Forex traders from slick, get-rich-quick Forex schemes, while finding fresh, witty ways to educate traders along the way. Forex traders, both new and experienced, have instant access to an assortment of online Forex resources across their five websites.

Start with free Forex lessons, blogs, and forums on BabyPips.com. Read the latest Forex news on FreshPips.com. Get unbiased consumer reviews and opinions on ReviewPips.com. Look for answers to your most burning Forex questions on AskPips.com. And build a rock-solid trading plan using a free, online trading journal on MeetPips.com. Feed your Forex hunger at www.pipsalacarte.com.


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San Jose, Costa Rica (PRWEB) — Forex-rates.biz, a free forex chart and alert services website operated by the Costa Rica-based online marketing company known as Phoenix Media, has recently developed a currency conversion widget, which is being offered free of charge to all webmasters for use on their respective sites. The ticker can be customized by webmasters to suit their needs, according to their site’s style and format. It offers up to the minute exchange rate and currency conversion information, and is easily implemented. Webmasters only need to drop a few lines of code into their webpage layout, making the widget active on a page in minutes.

Unlike competing currency converter tools available on the web, however, forex-rates.biz’s tool does not require visitors to be redirected to another site to see the results of their query. This keeps visitors on the website, so site traffic leakage is automatically reduced.

When asked why now, and what makes the forex-rates.biz tool different from other such tools, site representative Rick Bowen stated: “It’s simple. We expect webmasters to take advantage of this tool like we take advantage of the tool on our own network of sites. Of course, as webmasters ourselves we understand the importance of visitors staying on the site and not being redirected away. Site visitors are our online currency and we wouldn’t expect anyone to use our tool if it was going to lose them money.

“Our free currency exchange tool will be especially useful on sites that discuss world affairs, travel, flights, accommodations, and the forex market. Merchants that accept only one currency but target consumer audiences that may use other currencies will also find the tool useful, as it will allow shoppers to learn the approximate cost of a particular item in their home country’s currency, making for a simpler and more comfortable shopping experience.”

The free forex rates tool is available for webmasters to download and add to their website by visiting http://www.forex-rates.biz/cet.htm

In addition to the currency converter widget, forex-rates.biz also has a forex ticker which provides the latest exchange rates for the most traded currencies. The forex ticker can also be downloaded for webmasters to use on their sites.

Mr. Bowen said the following about Phoenix Media’s involvement in the forex niche:

“The future of the forex market is exceedingly bright as our world is forever becoming smaller and within easier reach of more and more people for travel, as well as for buying and trading online. An understanding of the local currency is vital to success when researching and visiting far off places. Forex-rates.biz plans to stay ahead of the curve by providing the best free information available on the web when it comes to foreign exchange.”

About Phoenix Media

Phoenix Media is a division of Blue Reef S.A which is currently based in Latin America. Their website portfolio is vast and covers sectors including forex and investing, travel, online entertainment, and more.

Jacksonville, NC (PRWEB) — Matt from Microcapmillionaires.com has been able to display an uncanny skill of predicting large percentage gains in specific penny stocks over the course of 2009. He also used the volatility of late 2008 to play many oversold stocks for short term “bottom bounces”. Not only has Matt used his penny stock prowess to trade quickly in and out of penny stocks for profit, but he has also given subscribers of his newsletter
free penny stock picks so they can also benefit from recent market conditions.

In an effort to reach out to potential penny stock traders before they fall prey to “paid pumpers” of penny stock companies, Matt is offering three free penny stock picks. These picks will all have:

“PIR could break out like crazy in the next few days… Entry: under .15″ Microcapmillionaires.com–alert sent on March 17, 2009″
– A clear and understandable explanation as to why each penny stock has a strong likelihood of ascending 50 to 500 percent within a relatively short period of time.

– Charts that are annotated to show why Matt thinks the picks are ready for a breakout.

– Price target areas so subscribers will have an idea of where to sell.

– A “time window” to expect each penny stock to move.

Traders who have been subscribed to Microcapmillionaires recognize the tremendous opportunity this offer presents, since they witnessed Matt call the bottom on Pier 1 Imports in March 2009 shortly after the three main stock indexes bottomed on or around March 9, 2009. Subscribers saw PIR leap from 16 cents a share to 95 cents a share within a week after Matt recommended it to his subscribers.

Matt often recommends stocks that trade on “Big Boards”, such as the New York Stock Exchange. However he also alerts subscribers to his penny stock newsletter to otcbb or pink sheet stocks that show promising technical chart patterns that often yield large gains.

For penny stock traders to get a taste of Matt’s service, they can sign up for 3 free penny stock picks. If they like the service, it is $49 a month thereafter. No credit card is required to receive the free picks. Matt has received many positive testimonials from his subscribers, and many have been following Microcapmillionaires for a prolonged period of time. To sign up for the 3 free penny stock picks go to the following link:

3 Free Penny Stock Picks

As an added bonus, traders who sign up for the 3 free picks also will receive Matt’s free report titled “Bankruptcy Billions”, which details a simple yet exponentially powerful strategy to trade stocks of companies who have filed for bankruptcy.

Matt sends penny stock recommendations on a weekly basis, although paid members receive more
correspondence than those on the free list.

About Microcapmillionaires.com: Microcapmillionaires is a subscription based penny stock newsletter. $49 a month is the fee for a paid membership. People new to trading penny stocks often make the mistake of signing up for “totally free” penny stock newsletters. However, much to their dismay they later fall victim to the dismal performance of the “free” newsletter. What traders often fail to realize is that the newsletter that picked the stock was also paid to promote the stock, and the people behind the newsletter really don’t care if the stock goes up or not since they have already been paid. These unscrupulous newsletters are increasing in number, and fool new investors by their claims of acquiring riches through hot penny stocks.

Disclaimer: Never invest money in microcap stocks that you can’t afford to lose.
You can lose all of your capital by trading any stock mentioned.
These stocks are very volatile and gain and lose value quickly.
We reserve the right to freely trade in any mentioned stock/equity.
We are not compensated by any mentioned companies.We recommend stocks based on our opinion of instrinsic value only.
Always do you own research before buying any recommended stock.

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Syracuse, NY (PRWEB) December 8, 2009 — http://www.truthaboutforex.com/forex-income-engine.html – Forex Income Engine 2.0 is a course and trading system for Forex day traders. The home study course and trading systems in the package are the creation of Bill Poulos, a famed Forex expert with over 33 years of active trading experience.

The system is now on sale for the following few days only or until the limited number of initial copies have run out.

Traders can find out more about the course here: http://www.truthaboutforex.com/forex-income-engine.html

According to John J. Drummond, Forex author and blogger, “The purpose of Forex Income Engine 2.0 is simple: help currency traders develop their trading skills, reduce risk, increase high probability trades, and show traders how to earn a handsome income without spending hours in front of charts.

“The home study course includes 3 different trading systems which together cover various market conditions and show traders how to place high probability trades in an efficient and easy to follow way. The system is presented in video tutorials complete with detailed trading examples which show exactly what to do in any market condition a trader may encounter.”

Traders are welcome to read a complete review of the system here: http://www.truthaboutforex.com/forex-income-engine-review.html

When asked what he thought the course main benefits were, here is what Drummond had to say: “Bill Poulos is known as a world class expert on risk management. Traders may be able to save thousands of dollars in unnecessary losses when they follow the clear advice and directions which Bill Poulos gives in the risk management section of Forex Income Engine 2.0.”

Here is what is included in this course:

- A video tutorial which covers Forex trading basics to make sure all students are proficient in the elementary terms of the currency market

- 3 video tutorials, each covering a different trading method for various market conditions. These methods are called the Ignition, Overdrive, and Spring methods. Each comes with its own detailed trading examples, can be used on any of the major currency pairs, and is based on a unique and powerful combination of a handful of indicators.

Each of these methods was developed to provide traders with an easy way to place high probability, high potential trades.

- A tutorial on how to work with the best charting software programs and to choose the finest broker.

- Profit sheets for easy trading planning

- 1 year of unlimited email support by Bill Poulos and his staff

- Periodical additional trading material to make sure traders remain on top of Forex development.

“What’s special about this release of Forex Income Engine 2.0, ” said Drummond, “is that Bill Poulos is offering 8 weeks of coaching for all his new students. Having access to someone of Bill Poulos’s caliber is in itself worth the price of the course and then some. I am positive that any trader will find this course a life changer as it can really set a trader on the road to success in the currency market.”

Forex Income Engine 2.0 is released once every few months and is always sold out in a matter of days. Number of copies is always limited. The course comes with a money back guarantee and includes various bonuses from other Forex experts.

To read more about the course visit http://forexseer.com/forex-income-engine-review/

= About John J. Drummond =
John J. Drummond is a Forex author and blogger. He covers everything related to the currency trading market from news, updates, analysis, to reviewing the latest products and systems.

He also publishes a free Forex newsletter for traders from all over the world in which he shares Forex tips, techniques, and updates.

Traders can sign up for the newsletter here: http://www.truthaboutforex.com/free-forex-report.html

He believes in the importance of an extensive Forex education and that a trader must always learn and improve to stay ahead of the competition in the market.

He is an owner of Forex Income Engine 2.0 and also serves as an affiliate of the course.

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Washington, DC (Vocus/PRWEB ) — Sales of organic, shade-grown coffee grown to the Bird Friendly standards of the National Zoo�s Smithsonian Migratory Bird Center rose to nearly $3.5 million in 2008, according to a report by Dr. Robert Rice, a geographer at the SMBC. According to the report, The Global Market for Bird Friendly Coffee: 2008, the majority (61 percent) of all Bird Friendly coffee roasted was consumed in the United States, followed by Japan (36 percent) and Canada (3 percent).

“By choosing to drink Bird Friendly coffee to kick-start their morning, consumers can help protect quality habitat for birds and other wildlife.”

Bird Friendly is certified organic coffee produced on farms with a shade cover that provides a substantial and vital habitat for migratory and resident birds in tropical landscapes, which are increasingly threatened by deforestation globally at an unprecedented rate. The Bird Friendly criteria are the world�s most stringent standards for shade-grown coffee production. Migratory birds, including the popular Baltimore Oriole, are not only beautiful with vibrant songs, but are integral to tropical and temperate ecosystems alike, providing flower pollination and seed dispersal, among other roles.

�Consumers increasingly want to know that the food they eat and coffee they drink are grown and processed in ways that are healthy for farmers and the environment,� said Rice, who coordinates the Bird Friendly certification program at the SMBC. �By choosing to drink Bird Friendly coffee to kick-start their morning, consumers can help protect quality habitat for birds and other wildlife.�

According to the report, more than 95 percent of Bird Friendly coffee comes from coffee farms in Central and South America with the remainder coming from Africa. Some 1,400 producers manage more than 12,000 acres (5,000 hectares) of Bird Friendly area and coffee farms, and they produced more than 6 million pounds of Bird Friendly coffee in the 2007�2008 harvest year. Peru ranks first in Bird Friendly coffee production (39 percent), and together, Peru, Guatemala and Mexico account for 77 percent of all production.

The volume of Bird Friendly coffee sold in the United States between 2000 and 2008 increased more than a hundredfold (averaging a 145 percent annual increase), from fewer than 2,000 pounds to 200,400 pounds. There are 44 roasters in the United States, Canada, the Netherlands, and Japan that carry Bird Friendly coffee imported by 16 companies.

The Zoo has partnered with coffee roaster Golden Valley Farms (West Chester, Pa.) to serve its Bird Friendly-certified organic coffee in the Zoo�s three restaurants as of December 1, 2009.

Contact: Sandra Marquardt, 301-592-0077

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Forex Trading Pal logo

Traders can participate in Forex Trading Pal’s rebate program free of charge by indicating that Forex Trading Pal referred them when signing up for a live account at a dealing firm. Traders will then receive a rebate on every trade they make. For example, if a certain trade involves a spread (this is in fact the commission paid by the trader) of 2 pip, or 20 Dollar, Forex Trading Pal will pay back up to 0.5 pip, or 5 Dollar, on every trade. These rebates can add up to thousands of Dollars annually and are thus an excellent way for a trader to lower his/her net transaction costs (in this case by 25%).

The foreign exchange (Forex) market is a huge market nowadays and an increasing number of traders from around the world is active in it. While a huge number of institutional traders are into Forex trading, the market also has an important retail segment. Especially this retail segment contains a lot of inexperienced traders who enter the market not well-informed because they don’t use introducing brokers.

Major pitfalls for inexperienced traders are for example: not having a clear trading strategy, the inability to oversee the relatively high risks involved with Forex trading and a lack of understanding with regard to transactions costs. The main problem is that inexperienced traders will not always learn to overcome these pitfalls when they go directly to a Forex broker (dealing firm) and start trading. The reason for this is that it is not always in the broker’s best interest to educate its clients. For example, some brokers trade against their clients (by holding the opposite position of the client’s trade) and benefit from bad performing traders.

Because of the complex nature of the Forex market, any trader new to the market should turn to an introducing broker like Forex Trading Pal for advice. Introducing brokers are companies that research the market, have strong relationships with certain dealing firms and offer free services (like Forex Trading Pal’s rebate program) to traders. Introducing brokers are in the best position to match a trader with a certain broker because introducing brokers have insight in both the traders’ needs and the brokers’ offers. Furthermore, the services of an introducing broker are completely free of charge. This means that a trader benefits from free advice and additional services.

An introducing broker like Forex Trading Pal gets compensated by the brokers to which it refers clients. One could argue that this makes the introducing broker less independent but in fact it is in the introducing broker’s best interest to work only with high quality brokers in order to keep its clients satisfied. Furthermore, the fact that the introducing broker gets compensated by the dealing firms is the very reason that it can offer its services (like for example a rebate program) for free.