Now Available With FXCM: MetaTrader 4 by MetaQuotes

FXCM (www.fxcm.com) announced that clients can now choose between trading on the FXCM trading platform or on MetaTrader4 platform by MetaQuotes.

After numerous requests from the forex community, FXCM has added Meta Trader4 to its list of trading platform options. Many forex traders love the MetaTrader 4 platform, but want the benefits of FXCM as their broker.

Trading with FXCM offers the security of trading with one of the largest and most financially secure Forex Dealer Members. Several brokerage firms which offer the popular MetaTrader 4 trading platform are unregulated in the US (under the CFTC and NFA) or at all.*

Clients switching to FXCM will enjoy:

• No Dealing Desk Execution
• Low Spreads
• Great Execution - Even During News Events
• 24/7 Customer Support
• Proprietary Trading Signals and Ideas From DailyFX.com

"We respect that many forex traders are familiar with the MetaTrader 4 platform. Now our clients have a choice of two great trading platforms, the FXCM Trading Station 2.0 and MetaTrader 4," said Marc Prosser, Chief Marketing Officer at FXCM. "The choice is free; there is no additional software charge for using any of the trading platforms."

For more information regarding MetaTrader 4 with FXCM please visit http://www.fxcm.com/meta-trader.jsp

A separate application is needed for clients choosing to trade on MetaTrader 4 platform. http://www.fxcm.com/metatrader-apply.jsp

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FXCM Facts

Forex Capital Markets LLC is one of the Largest Forex Dealer Members

More than 100,000 live accounts are traded on FXCM trading platforms

As of January 2008, an average of $350 billion in notional volume is traded each month on FXCM trading platforms

As of January 2008, there is in excess of $700 million in customer funds trading on platforms offered by FXCM

FXCM provides customer support with native speakers in more than a dozen languages in 6 offices around the world

Registered with the CFTC as a Futures Commission Merchant, FXCM (Forex Capital Markets LLC) has received numerous awards from the investment community, including Best Currency Broker from Shares, Best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist from Technical Analysis of Stocks & Commodities. In addition to currency trading, FXCM offers educational courses on forex trading, and provides research through DailyFX.com.

Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

*As of January 15, 2008, the following forex brokers offering MetaTrader 4 are not regulated in the U.S. under the CFTC and NFA: FXDD, FXOpen, Crown Forex, MIG Investments, Lite Forex, FXcast, and North Finance.

More Information:

Jaclyn Sales
Public Relations Coordinator
FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
Dir (646) 432-2463
Tel (212) 897-7660
jsales@fxcm.comThis email address is being protected from spam bots, you need Javascript enabled to view it

FXCM and its affiliates assume no responsibility for errors, inaccuracies or omissions in these materials. They do not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. FXCM and its affiliates shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. This email is not a solicitation to buy or sell currency. All information contained in this e-mail is strictly confidential and is only intended for use by the recipient. All e-mail sent to or from this address will be received by the FXCM corporate e-mail system and is subject to archival and review by someone other than the recipient.

Metatrader expert advisor

Many Forex traders that enter the market are clueless on how to trade. Most, if not all Forex brokers offer demo practice accounts to get you adjusted to their platform. The great thing is a lot of them are Metatrader brokers. This means their core platform comes from a company called Metaquotes. These brokers more or less lease the software and allow the traders to build their trading strategies.

The most powerful thing you can do with this software is create your own trading strategies and program them into an Expert Advisor or EA for short. These EA’s are state of the art and allow you to auto trade the strategies. Auto trading is a phenomenal thing, in that you don’t have to be at your computer for trades to open and close. The stability of the platform is fantastic and the only thing that may carry some worry when you are not present is your Internet connection.

The top 10 reasons why you should use the Metatrader ( MT4) platform:

1. The Metatrader platform is versatile and very stable.
2. There are plenty of Metatrader brokers to choose from.
3. You can find metatrader expert advisor programmers to create your strategies into EAs if you can’t do it yourself.
4. If you look hard enough you can find free meta trader EA’s.
5. The software is free to demo with for as long as you want.
6. You can create your own Forex Trading Robot.
7. You can create as many Trading templates as you wish.
8. You can manually back test all the strategies you plug into the system.
9. The charts are very clean and very easy to read.
10. The reporting gives you full statements and information without logging into a broker website.

So, why wouldn’t you use Metatrader as your platform for your Forex trading? The only real way to know if this platform is for you is to open a demo account and start practicing with it.

Reserve Bank of Australia Raises Growth Estimate to 0.5% traders not convinced

At its August 6th meeting, the Reserve Bank of Australia starkly changed the tone of the language it used in setting expectations for further rate changes. It said that there was a possibility for the bank to raise rates, given that the economy shows substantial signs of improvement. Rate "movement towards a more normal setting of monetary policy could be expected at some point if further signs of a durable recovery emerge," the minute said. At the previous meeting, the bank anchored expectations toward the downside, saying that "the Board's current view is that the outlook for inflation allows some scope for further easing of monetary policy, if needed." Australia's export strength has been an exception as "most countries have recorded declines in export volumes of at least 10 per cent since September." China has clearly come to the aid of the land down under, the RBA acknowledged. The "strong recovery in China, which has boosted commodity prices and demand for Australia's exports, has also been important." These revelations come less than two weeks after Prime Minister Kevin Rudd stated that the country ought not to continue relying on a "mining boom." Nonetheless the RBA's counter-optimism was reflected in this statement so much that it ultimately revised it's domestic growth estimate for 2009 up to 0.5% - far superior to the 1.0% contraction originally forecast. But it seems that the market was not too convinced as to the accuracy of these estimates.

Swiss Jobless Rate to Rise to Highest in Nearly 5 years in july

Switzerland’s seasonally adjusted Unemployment Rate is set to rise to 3.9% in July, the highest in close to five years, pointing to mounting headwinds for consumer spending and thereby overall economic growth. In fact, the jobless rate may actually be understating the total impact of the current downturn on consumers’ spending power as many firms looked to cut costs by switching a portion of the workforce to a “short-time” schedule, which amounts to fewer hours and thereby smaller paychecks. Naturally, this trims disposable incomes and adds to already formidable disincentives to consume. Although exports are heavily represented as a component of Swiss economic growth, domestic demand is still by far the most important driver of activity, contributing about 60% to total output. The State Secretariat for Economic Affairs (SECO) has forecast that the jobless rate will register at 3.8% through 2009, an expectation that has been echoed in a survey of economists conducted by Bloomberg. Job losses have grown at an average pace of 3.35% in the six months through June and so would be expected to rise by an average of 4.25% in the second half of the year.

FOMC Extends Asset Purchase Plan

The Federal Reserve left interest rates unchanged as largely anticipated at 0%-0.25%, announcing that the decision was unanimous and deems current economic conditions to likely warrant exceptionally low levels of the federal funds rate for an extended period. The Fed said that “information received since the FOMC met in June suggests that economic activity is leveling out” and that “conditions in financial markets have improved further in recent weeks”.

The Fed extended its asset purchase plan, which was set to expire in September, saying “the Committee has decided to gradually slow the pace of these transactions and anticipates that the full amount will be purchased by the end of October”.