UMOFX IB

Dear Clients, We are glad to announce that UMOfx hereby offer a Promotional Limited Time Bonus starting from 03/06/2013 until 30/06/2013. We are now increasing the Credit Bonus from 30% to 50%(an increasing of 20% in total) and the Marginal Bonus from 20% to 30% (an increasing of 10% in total). Other terms and conditions of the Deposit Bonus shall remain unchanged. Please contact our LiveChat Support or send an email to us at support@umofx.comfor any inquiry and further information on this promotion. We are more than happy to assist you

The number of advantages are increasing day by day with UMOFX. Just look at these advantages and take action to get benefit at UMOFX. ---> FSP Regulated Broker - FSP Registration Number: FSP277305 ---> Leverage up to 1:1000 ---> Spreads as low as 0.2 pips on EURUSD ---> All the accounts are NDD – 3 accounts offer Market Execution ---> Start trading with minimum investment of $1 ---> Deposit Bonus up to 30% ---> Expert Advisors, Scalping and hedging allowed UMOFX is just giving everything according to need of different types of traders and it is worth trading with them.

Most of the brokers provide bonus when the client make a deposit but this offer is for new clients so they can benefit from this only once. At UMOFX, Every client has the right to receive the deposit bonus for his first 5 trading accounts. A minimum deposit of $100 USD is required. The maximum amount of bonus will be $2,000 USD per account and total of $10,000 USD per client. UMOFX is giving 20% bonus on each deposit you made to your new trading account which is simply amazing and you can benefit yourself with increased equity. So Deposit now and Enjoy bonus upto $2000 UMOFX | FSP Regulated | NDD Broker | Deposit and Get up to $2000 Bonus

I was looking at the Awards page of UMOFX and found that they have been awarded as Best Forex Order Execution System Asia 2012 by Global Banking & Finance Review. At UMOfx, with the help of experienced qualified staff and technology the best order execution system has been formulated that has won hearts of many. This has been proven as all clients are satisfied with UMOFX's execution system. UMOFX team will constantly endeavor to provide a high quality services to ensure that our clients enjoying an excellent trading conditions and services.

It is always good to know when you are trading with a Regulated Forex Broker. I am very happy to be a part of UMOFX and many others also feel more satisfaction and security by seeing this regulation.

I am sharing a very important announcement made by UMOFX which is good for all clients. UMOFX Now Regulated by FSPR New Zealand UMOFX hereby proudly announce that on 10 April 2013, United Market Oracle International has been officially registered as a Financial Service Providers Register (FSPR). Our FSPnumber is FSP277305 in which we are now regulated and monitored by New Zealand Government directly through the FSPR. Along the registration with FSPR, UMOFX has become a member of financial dispute scheme with Financial Dispute Resolution (FDR).

I want to share something good about UMOFX. They are giving deposit bonus and it can give us extra margin in our trading. UMOFX Bonus on Deposit - 20% of your deposit as bonus, up to 2000 USD! - Trade with us now and enjoy this amazing reward from UMOfX In addition to UMOFX newly launched fiesta, an amazing bonus equivalent to 20% of the deposit will be given to those who will invest funds into a new live trading account, for a maximum bonus of 2,000 USD (applicable to all types of live trading account including mini account and non-swap account). Formula: UMO Bonus = Deposit multiply by 20% (maximum up to 2000 USD) Example 1: You deposited $5,000 USD to your new trading account. Therefore you are automatically entitled to a bonus of $1,000 USD. ($5,000 USD x 20%=$1,000 USD) Example 2: You deposited $15,000 USD to your new trading account. You will enjoy the bonus of $2,000 USD still. ($15,000 USD x 20% = $3,000 USD but the maximum bonus is $2,000 USD only)

If you check many brokers offer low balance Leverage 1:3000. Some clients impress for it and they do deposit there. But it’s not good. Because if you check who do offer Leverage 1:3000 them Margin call very low 40% - 60 %. So it is not a benefit because Margin call very low 40% - 60 % that means Leverage work same 1:100 - 1:400 . Maximum time Clients not understand it because they fail to compare in this matters. Example : A famous Broker offers Leverage 1:2000 with low balance. Its means when account balance will up then automatic Leverage will 1:400. Basically they provide Leverage 1:400. But UMOFX provides always Leverage 1:500 also Margin call 100% its means Leverage work same 1:1000 - 1:2000. So UMOFX is much better than those Brokers who are providing 1:1000 , 1:2000 and 1:3000 leverage.

I am pointing toward a major problem about Mini/lite/micro account Always you will see many broker offer Mini/cent or micro account with low deposit. But 90 % brokers Mini/cent or micro account is dealing desk. It means they do not offer to client direct trade with Bank. And client face many problem with them Clients not understand it because they fail to compare in this matters. Many brokers offer mini type account low deposit $1 - $10 But they all are dealing desk. Client face many problems like when client try for close profit trade some time that trade is not close and show "requotes" and client loss there some profit. UMOFX offer 2 type account Micro Account and Standard Account. All accounts are NDD — No Dealing Desk. Micro Account minimum deposit $1.

UMOFX provides varieties of trading accounts to suit clients globally. All trading accounts are tradable on the MetaTrader4, up to 20 currency pairs and tradable commodities such as gold and silver. Likewise, UMOFX authorize its customers to fully utilize Expert Advisor trading tools on its MetaTrader4 platform. UMOFX offers 4 account types: Demo Account => This account is advisable for beginners who are totally new to the Forex market. The objective of this trial account is for beginners to get used to both MT4 trading system and the live Forex market as a whole. Getting virtue cash to trade is a vital step to raise beginners into a veteran Forex trader. Micro Account => Appropriate for traders who wants to start with small deposits, as low as $1 USD and trade volume as low as 0.01 lot per position. Traders can enjoy up to 500:1 leverage offer. This account type is mainly 1% the value of Standard Accounts, which means that transaction of 1 micro lot is $1000 USD. But it can only accept initial or total deposit limit up to $10,000 USD. However, if the deposit is above, it will be automatically changed to Standard Account. Standard Account => Reflects the real world of Forex trading and is strongly recommended for professional merchants. Its leverage offer is up to 500:1, each minimum transaction should be 1 standard lot equivalent to $10,000 USD. It also provides online trading education materials, trading tools and economic calendar, and Forex news to assist traders to succeed in their trading performance. In all, the account offers the absolute trading area for traders to fully utilize their trading aptitudes and tactics that results to successful trading. ECN Account => Here, clients trade similar to mini account. The only special feature of this account is spread free, which means no spread will be charged on every trades but an amount of commission will be induced to the transaction depends on the lot size, profit and currency pair traded.

EUR/USD D1 The outlook for the EUR/USD is bearish. Pair is likely to test its support at 1.2799 level. Bollinger bands are not providing clear signals for the pair. Yesterday EUR dropped around 140 pips in late session, which is indicating pair is now under pressure . There can be two scenario now. First EUR/USD go towards south and test its support at 1.2799 level and get a good support and move further towards northward. This scenario will be done, If pair manage to hold its support level and H4 candle close above support level. On the other hand, If EUR/USD manage to break through its support level and H4 candle close below this level. This will then indicate more bearish pressure on EUR/USD and pair will further fall towards south. High impact News of USD can change the scenario. News like FOMC Economic Projections, FOMC Statemen, FOMC Press Conference. GBP/USD H4 GBP/USD is trading in a short range of 1.5068-1.5140 level. Break of any level will clear the trend for cable. We are expecting pair to hold its support 1.5068 level and continue its uppish trend. If pair manage to break 1.5140 level it will then allow GBP/USD to move further upward and target 1.5170-95 level respectively. The whole scenario can be vanished, if pair break through its support 1.5068 level. It will indicate strong bearish strength and pair will likely to fall rapidly towards 1.5000 level. High impact Data’s can affect the movement of GBP/USD. Data’s like Claimant Count Change, MPC Meeting Minutes, Annual Budget Release, FOMC Economic Projections, FOMC Statemen, FOMC Press Conference. AUD/USD D1 Yesterday Aussies got bearish strength and target 50.0 % Fibonacci but pair manage to give a day closing above 50.0 % Fibonacci. So, we are expecting pair to have bullish strength and target 61.8 % Fibonacci today which is at 1.0415 level. If AUD/USD manage to break 1.0415 level and H4 candle close above it, then pair will further move towards north and target 1.0450-75 level respectively. On the contrary, if AUD/USD fails to close above 1.0400 level, it will then change the scenario and pair will start bearish trend and target 38.2% Fibonacci level. High impact News can affect the trend of pair. News like FOMC Economic Projections, FOMC Statemen, FOMC Press Conference. USD/CHF H4 USD/CHF is in bullish strength and is likely to test its resistance at 0.9515 level. Bollinger bands are also providing buy signals for the pair. Price action on 0.9515 level should be handle carefully. If USD/CHF break through 0.9515 level and H4 candle close above it then pair will further move towards north. On the contrary, If pair didn’t manage to break 0.9515 level and H4 candle close below 0.9515 level, it will then indicate bears take charge an USD/CHF will then start moving towards south. High impact News can affect the pair. News like FOMC Economic Projections, FOMC Statemen, FOMC Press Conference. Source: UMOFX One Stop Market Centre | NDD Broker

EUR/USD H4 EUR/USD is in bullish strength today. Pair is likely to test its daily resistance at 1.2960 level. If pair mange to break its resistance and H4 candle close above this level then EUR/USD will further move up and target 1.3000 level. On the other hand, If pair fails to break 1.2960 level and give a day closing below this level, it will then indicate EUR/USD got bearish strength and pair will then dropped towards south and target its support at 1.2900-2880 level. GBP/USD H4 Cable is currently testing its resistance at 1.5140 level. Price action on this level should be carefully watch. If GBP/USD manage to break through this level, it will then allow pair to further move towards north and target 1.5170-95 respectively. The scenario can be change, If GBP/USD break its support of 1.5068 level. Break of this level will open gate towards south and pair will rapidly fall towards 1.5000 level. AUD/USD H4 Aussies is trading in a range of 1.0400-1.0330 level. We are expecting pair to test its support 1.0330 today. Bollinger bands are also showing sell signals for the pair. Price action on this level should be carefully watch. If pair manage to break this level and H4 candle close below 1.0330 level then, it will indicate pair got more bearish strength and AUD/USD will then further target towards southward. On the contrary, If pair fails to break 1.0330 level and H4 candle close above 1.0330 level then pair will have bullish potential and it will take AUD upward and target 1.0400 level. USD/CHF H4 USD/CHF is expecting to first go down and test its support at 0.9385 level. Bollinger bands are also providing sell signals for the pair. If USD/CHF break its support level and give a day closure below 0.9385 level. It will then show pair got bearish strength and USD/CHF is then likely to move further towards southward. But if pair manage to hold this support level and give a day closure above 0.9385 level the we are expecting pair to continue its uppish trend and target 0.9515 and 0.9565 level respectively. Source: UMOFX One Stop Market Centre | NDD Broker

Nowadays, many brokers are offering Micro and cent account but what is best for UMOFX traders is that they can trade in one cent while many broker require almost 11 - 15 cent to make a minimum lot size trade. Moreover all accounts in UMOFX are No Dealing Desk (NDD). Maxmimum broker for cent/micro accounts offer Dealing Desk But UMOFX is NDD which is simply great.

EUR/USD H4 EUR/USD open with a large gap, which is indicating pair is under pressure. Today’s support is at 1.2870 level. Price action on this level should be carefully watch. If pair manage to break this level and H4 candle close below it, then it will provide bearish potential to EUR and EUR/USD will then rapidly move to southward to test its ext support 1.2800 level. On the contrary. If pair manage to hold 1.2870 level and H4 candle close above 1.2870 then we are excepting pair to have bullish strength and move upward and target 1.3070-3100. GBP/USD H4 GBP/USD is in bullish mood today. We are expecting pair to keep moving towards north and test its resistance at 1.5171 level. Price action on 1.5170 level should be carefully watch, if pair manage to break this level and H4 candle close above 1.5170 then it will take GBP further upward and target 1.5200-50 respectively. The scenario will be change, if GBP/USD breakthrough 1.5050 level and H4 candle close below this level. It will then give bearish strength to cable and pair will rapidly fall towards south. AUD/USD H4 AUD/USD is in bearish mood today, pair is likely to test its support at 1.0330 level. Bollinger bands are also providing sell signals for the pair. If pair manage to break through this level and H4 candle close below 1.0330 level then it will allow Aussies to move further southward. On the other hand, if AUD/USD manage to hold its support level and H4 candle close above 1.0330 then pair is expecting to again move northward and target 1.0400-25 level. High impact Data of AUD can change the scenario. Data like Monetary Policy Meeting Minutes. USD/CHF H4 USD/CHF is under pressure. On Friday pair didn’t manage to give a closure above 0.9385 level. So now pair is expecting to move southward and again test its support 0.9485 level. Price action on 0.9385 should be handle carefully. If USD/CHF break this support and H4 candle close below 0.9385. It will then open gate towards south and pair is likely to dropped and target next support level at 0.9330. Source: UMOFX One Stop Market Centre

I am noticing that many brokers are giving huge leverage of about 1:2000 and 1:3000 but what about margin call levels? At UMOFX, The maximum leverage is 1:500 which is also a very decent leverage and they also offer Margin call 100% so it will same at this leverage level like with Leverage of 1:3000. I like this 100% margin call feature and many of the others trader will also like it.

I have noticed that many Brokers are not allowing the traders from United States. So the clients from the US keep looking for Brokers that allow traders from this region. I am trading with UMOFX and it is good to know that they Welcome clients from United States that is a plus point for any broker.

I really like the IB partnership Program of UMOFX as we can earn a steady stream of compensation for Introducing Broker (IB) partnerships. They are currently offering offer 2 types of Introducing Broker (IB) partnership: 1 - Introducing broker - IB will receive 1pips rebate from their direct clients trading activities. 2 - Social IB - IB will receive rebate from each trade made by your clients and other clients registered under your clients. Level 1 - receive 50% rebate Level 2 - receive 30% rebate Level 3 - receive 20% rebate Just check the graphical examples and it will be more clear to you. After opening Live account we need to upgrade status to IB/Social IB and upon the completion of registration need to add our site for pre-moderation. We will receive agent link after being endorsed by UMOFX, it is our unique link to register clients. It is a really good opportunity for me to make some extra money and you can also do so. Happy Trading

I have been trading with UNITED MARKET ORACLE INTERNATIONAL LIMITED (UMOFX) Registered NZ Limited Company Located at “Level 10, 17 Albert St, Auckland Central, Auckland, 1010, New Zealand” from some time and quite satisfied with their services. It is good to know that I am investing my money in a Registered Company which gives me a feeling of safety and satisfaction. You can also check the Registration Details here.

In this thread we will discuss about the UMOFX Broker. I will share my experience here with this broker and would appreciate if you guys discuss the Pros and Concerns about them so that we can get more benefits from them.

While trading we face many psychological effects on trading. In fear , greed , happiness and sad mood our trading is disturbed. when we are in loss we are much disturbed. So it is advised to do trading in calm and normal mood when you are fresh to understand market.

If I am able to get !% of my capital daily it is big achievement because in forex we can make risky trades but our capital is loose in it . We can no t earn so quickly as we loose. As a newbie my targets are not high . I want to save my capital and want small profits.

EUR/USD H4 Yesterday in late session EUR/USD got a good support from 1.2910 level and target up to +125 pips. We are expecting pair to continue its uppish trend and target 1.0370 level. Bollinger bands are also providing buy signals for the pair. If pair manage to hold 1.2950 level today and H4 candle close above 1.2950 level, then pair will go up and test 1.3070 level. Price action on 1.0370 should be handle carefully. Break of 1.0370 level will provide more strength to EUR/USD and pair will then further move upward. High impact New can affect EUR/USD. News like Core CPI m/m, Prelim UoM Consumer Sentiment. GBP/USD D1 Cable is in bullish mood. But D1 and H4 is showing overbought of GBP so there can be retracement. The gap of 1.5250 is still not cover. The pair is expecting to cover this gap in next week. So Price action on 1.4950 level should be watch. If pair hold this level and H4 candle close above 1.4950 level then it will provide valid buy entry. On the other hand, break of 1.4950 level will allow pair to move downward and target 1.4900-4860 respectively. High impact New can affect the movement of GBP/USD. News like Core CPI m/m, Prelim UoM Consumer Sentiment. AUD/USD H4 Yesterday Aussies manage to break its resistance but didn’t manage to overcome its physical level 1.0400 . Now H4 is showing resistance at 1.0400 level. Today AUD/USD is in bearish strength. pair is likely to first go down and test its support at 1.0330 level. Price action on 1.0330 should be carefully watch. If pair manage to break through this level and H4 candle close below 1.0330 then pair will continue its downward trend. On the Contrary, If pair fails to break support level and H4 candle close above 1.0330 level the it will indicate pair got bullish potential and AUD will then again move towards north and test 1.0400 level. High impact New can affect the Trend of AUD/USD. News like Core CPI m/m, Prelim UoM Consumer Sentiment. USD/CHF H4 Yesterday USD/CHF got a pull back from 0.9570 level and dropped up to +120 pips. Pair is likely to continue its bearish trend and test its support at 0.9385 level. If pair mange to break this level and H4 candle close below 10.9385 level then it will indicate pair got more bearish strength and USD/CHF will then further move towards south. On the contrary, Price action on 0.9385 level should be watch. If Pair manage to hold this level and give a day closure above 0.9400 level then pair will again start moving towards north and target 0.9600 level. High impact Data’s can change the scenario. Data’s like Core CPI m/m, Prelim UoM Consumer Sentiment. Source: UMOFX One Stop Market Centre

I will choose forex in spite of HYIP . These both are risky but in forex we can manage our risk. We know our profit and loss on the base of our trading.In HYIP we do not know the results of our investment where our money is used . Either they will return it to us or not. Forex is reliable because we are free to use our investment as we want.

Demo performance is usually better because in demo account we had a lot of capital in thousands. In real account mostly people invest small amount in which they had not good back up if they loose in market.In demo they do trading without emotional involvement and in real when they see their amount in risk they do emotional decisions.

Yes newbie can trade in more than one currency pairs. When they are doing demo practice they should try for all major currency pairs to get experience of trading in these pairs. In one pair some time market is not favorable so they can trade on other. How ever they should avoid to do trading multiple trading at one time.