Commitment, Support, Assistance
Commitment to the Customer
Many people who start trading Forex are captivated by the allure of easy money, and at the same time many Forex companies advertise high returns with minimal investment. While these claims have a grain of truth in them, the reality of Forex is more complex. As one of the leading Forex brokerages, Finexo is committed to making sure each of our clients has the tools and knowledge needed to become a success at Forex Trading.
There are two common mistakes that many beginner traders make – trading without a strategy and letting emotions rule their decisions. After opening a Forex account it may be tempting to dive right in and start trading. Watching the movements of EUR/USD for example, you may feel that you are letting an opportunity pass you by if you don't enter the market immediately. You buy and watch the market move against you. You panic and sell, only to see the market recover.
Forex traders need to have a rational trading strategy and not allow emotions to rule their trading decisions. At Finexo, we give you the support and education you need to be a smart and disciplined trader.
To make rational trading decisions the Forex trader must be well-educated in market movements. He must be able to apply technical studies to charts and plot out entry and exit points. He must take advantage of the various types of orders to minimize his risk and maximize his profit. We give you the data and educate all of our clients on the different types of orders and our experienced staff is here 24/7 to answer any of your questions regarding your trades.
Assistance, Every Step of The Way
The first step in becoming a successful Forex trader is to understand the market and the forces behind it. This knowledge will allow you to identify successful trading strategies and use them as models for your own. At Finexo, we provide you the background and daily market and economic updates to help you make sound trading decisions.
Money management is crucial to any trading strategy. Besides knowing which currencies to trade and identifying key trading signals, the successful trader has to manage his resources and integrate money management into his trading plan. Position size, margin, recent profits and losses, and contingency plans all need to be considered before entering the market.
At Finexo, it is our commitment to do the best that we can to ensure that all of our clients realize their trading goals. We are not interested in short term relationships; we are here to help build long-lasting relationships.