Showing posts with label Sigma Contract. Show all posts
Showing posts with label Sigma Contract. Show all posts

Wednesday, 4 June 2008

Understanding Fundamental Analysis with SigmaForex

The global distribution of reserves of foreign...

The two primary approaches of analyzing currency markets are fundamental analysis and technical analysis. Fundamentals focus on financial and economic theories, as well as political developments to determine forces of supply and demand. One clear point of distinction between fundamentals and technicals is that fundamental analysis studies the causes of market movements, while technical analysis studies the effects of market movements.

Fundamental analysis comprises the examination of macroeconomic indicators, asset markets, and political considerations when evaluating one nation's currency relative to another. Macroeconomic indicators include figures such as growth rates; as measured by Gross Domestic Product, interest rates, inflation, unemployment, money supply, foreign exchange reserves and productivity. Asset markets comprise stocks, bonds, and real estate. Political considerations impact the level of confidence in a nation's government, the climate of stability and level of certainty.

Sometimes governments stand in the way of market forces impacting their currencies, and hence, intervene to keep currencies from deviating markedly from undesired levels. Currency interventions are conducted by central banks and usually have a notable, albeit a temporary, impact on FX markets. A central bank could undertake unilateral purchases/sales of its currency against another currency; or engage in a concerted intervention in which it collaborates with other central banks for a much more pronounced effect. Alternatively, some countries can manage to move their currencies, merely by hinting, or threatening to intervene.

Sigma Contract Specification


Sigma Forex provide the clients with the lowest spreads in Forex Market for the most traded pairs and Forex spots.

  • Trading Hours

Sigma Dealing Room operate 24/5 from Sunday 23:00 CET until Friday 23.00 CET.
You Can contact us directly: (+44) 207 147 5291

  • Margin Requirements

The margin requirements must be respected by Friday at 23:00 GMT and before holidays.

One of our dealers will contact you if you are below your margin requirements at that time. Your margin requirements will depend on the client's account equity. However, if you approach the level where the loss of your open positions approaches the balance of your account, you will be stopped out and your positions will be closed. Stop positions will be executed when there is only around 50% equity of the required margin left in your account.

  • Streamline Dealing

Clients will not suffer Price Re-Quote that you can buy and sell directly on real-time prices without a request for quote (RFQ).
Clients taking advantage of wrong price quotes in the Market Watch will be requoted.

Sigma Forex effort is taken to ensure correct pricing at all times. However, there are rare circumstances when wrong prices are given.


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Monday, 10 March 2008

Sigma Forex Funding Methods


Funding Methods

Safety of funds plays an important role in any type of business; we make our best efforts to ensure protection of customers’ money.

  • Minimum deposit required for funding new accounts:

Our accounting department is ready to help you fund your new account or add funds to an existing account. For Standard Dealing Desk Accounts the minimum deposit is $ 500, and for the No Dealing Desk Accounts the minimum deposit is $ 2000.

  • Deposit instructions:

You must open a web account and associate it with your live account to insure security of transactions in your account

How to do so?

1. Open web account

2. Login and associate your Live Trading Account with your Web Account

3. Login to your Web Account and click 'Make a Deposit"

  • Deposit methods

1- Bank wire transfer

A wire transfer is a transfer of money from one bank account to another. The actual transfer is done by the bank, and neither the sender nor the recipient of the money sees or touches the actual funds.

Deposit Time
1-5 business days SigmaForex does not guarantee deposit times in the event of a margin call

Fees
None

SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.

Withdrawal Eligibility
Immediate availability

Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.

2- E-gold payments

Open www.e-gold.com- Create new e-gold account - Issue transfer request from your e-gold account to SigmaForex e-gold account.

Deposit Time
Immediate deposit SigmaForex does not guarantee deposit times in the event of a margin call

Fees
None

SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.

Withdrawal Eligibility

Immediate availability


Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.

You do not have an account yet?

Open Live Account

Thank you for choosing Sigma Forex!
You are only a few steps away from opening your own account and beginning to trade with Sigma Forex;

  • SigmaForex offer the lowest requirements for both dealing desk and non dealing desk accounts to open the channel for traders with small deposit. SigmaForex Standard Dealing Desk Accounts have $ 500 as minimum deposit and the No Dealing Desk Accounts have $ 2000 as minimum deposit.
  • You will choose your leverage between 1:1 and 1:500
  • Ability to trade Standard, Mini and Micro lots from the same account
  • You will choose whether if you want to trade with dealing desk or be free to be directly connected to the market with the No Dealing Desk
  • No swap, commission, interests or any kind of fees

Sigma offers the ability to set-up accounts denominated in the following currencies:
- United States Dollar (USD)
- Euro (EUR)
- Great Britain Pound (GBP)
- Australian Dollar (AUD)
- Swiss Frank (CHF)