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Overview

FxPrivate is owned by FxPrivate Company Ltd. Company, registered in Belize. This broker provides all Forex traders with attractive working conditions on the foreign exchange market and numerous promotions held by it will be interesting to the most demanding customer. The broker constantly updates the promotions, organized for customers, in which they can win great cash prizes. New customers will for sure get Forex deposit bonus, ranging from 10% -20% and its maximum amount is $3,000.

Despite the fact that FxPrivate does not provide the free online learning on its site, it offers to learn trading on the Forex market without assistance for all the users with the help of a large number of books, available for free download in the library.

The broker FxPrivate is deservedly popular in the CIS countries, Asia, the Middle and Far East, as well as on the African continent, due to high-quality service of customers, beneficial trading conditions on the foreign exchange market and interesting promotions. His merits have been highly appreciated by the experts of the financial markets. It was awarded with the "The Breakthrough of the Year 2012" at "The Financial Olympus".

The Forex broker FxPrivate sponsors also a sports team "Serov Racing Team", participated in a ring racing in 2013.

Bonuses

FxPrivate organizes for its customers a variety of promotions, participating in which every customer may receive various Forex bonuses and cash prizes.

The promotion Easy Deposit is held by the broker constantly and allows new customers to receive Forex bonus from 10% to 20% of the first deposit sum. In order to become the owner of the first deposit Forex bonus, users have to sign up on the website of the broker, open an account and replenish it using one of the available methods, provided by the broker. Next, new customers should submit an application form by e-mail to specialists of the broker, who accrue after its approval the Forex bonus to the trading account of the trader. The bonus becomes immediately available for trading on the Forex market, but can be withdrawn only from the account only after conduction of trade turnover, chosen by the broker.

Accrual of the first deposit Forex bonus:

- the deposit is up to $3000 -bonus is 0% from the deposited sum

- the deposit is from $3001 to $15000 - bonus is 15% from the deposited sum

- the deposit is from $15001 - bonus is 20% from the deposited sum.

Customers should make a turnover of ten times less than the bonus sum to make the Forex bonus available for withdrawal from a trading account. For example, the amount of $5,000 was credited to the account. It means that after consideration of an application the broker will give the customer a bonus of $750, which can be used for currency pairs trading and it is necessary to make a trade turnover of 75 standard lots to withdraw it from the account.

Broker organizes periodically the promotion "Unlimited bonus", which can be received by new customers. Bonus amount is determined by the customer himself and the declared Forex bonus is credited to his trading account for 72 hours. During this period of time, a Forex trader can trade bonus money, but if after that he will not make the first deposit, the bonus is removed, as well as the profit obtained from it. For example, a new customer requests a Forex bonus of $500, so it is necessary to credit a trading account in the amount of $2,000 in order to prevent its removal together with profit, i.e. the bonus amount is multiplied by four and it equals the first deposit sum. Next, the trader will have to make a trade turnover, which is ten times less than the amount of Forex bonus plus the received profit from it, within 72 hours to make bonus money available for withdrawal from the personal account of the customer.

Training

FxPrivate does not hold on its site interactive learning of Forex trader, but allows all users to benefit from an immense library that provides useful information about Forex market, available for free download and further study.

The library of the broker FxPrivate:

- The Rationale of Central Banking, B. Smith

- The ABCs of Economics, G. Gwartney, R.Stroup

- The ABCs of Currency Dealing, S.G. Suvorov

- The Small Trader's Encyclopedia, E. Nyman

- Lectures on Forex, D. Yu. Piskulov

- Intraday Trading on the Forex Market, Yu. Zhvakolyuk

- Reminiscences of a Stock Operator, Edwin Lefevre

- The Use of Technical Forex Indicators, R. Mamchits

- Encyclopedia Of Technical Market Indicators, A. Meyers, A. Thomas, Robert W. Colby

- The New Science of Technical Analysis, Thomas R. Demark

- Technical Analysis from A to Z, Steven B. Achelis

- The Japanese Candles. The graphic Analysis Financial Market, S. Nison

- The Fibonacci sequence: applications and strategies for traders

- Fundamental Analysis of the Global Foreign Exchange Markets. Methods of Forecasting and Decision-making, V.N. Lihovidov.

The above-stated list represents only a small party of books available in the library, as it is big enough and it is possible to get acquainted with it on the internet site of the broker.

After studying books about the Forex market, customers of FxPrivate can open a free demo account, where it is possible to trade without any risk using virtual dollars and other currencies in real time, polishing skills, and, if necessary, testing the popular Forex advisors and trading strategies.

Terms of trading

Forex broker FxPrivate offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- no minimum deposit

- the leverage is from 1:50 to 1:500

- a lot of currency pairs, gold, silver)

- spread is fixed from 2 points (the floating one is from 0.4 points).

MetaTrader 4

- multi-language support

- a wide range of Forex indicators

- creation of own scripts

- Instant Execution order

- MetaQuotes Language 4 (operations with Forex trading advisors)

- generation of analytical reports

- - quotes export via DDE

- charts printing.

FxPrivate enables its customers to select one of the four accounts that differ in trading conditions on the foreign exchange market.

Trading account FXCent:

- the minimum deposit is $10

- trading instruments are 42 currency pairs, precious metals

- the minimum lot is 0.1 (the size of the lot is 100,000 cents)

- the maximum lot - 10

- the leverage is from 1:100 to 1:500

- the maximum number of orders is 50

- Islamic accounts are available.

Trading account Standard:

- the minimum deposit is $100

- trading instruments are 42 currency pairs, precious metals

- the minimum lot is 0.01

- the maximum lot - no limitations

- the leverage is from 1:100 to 1:500

- the maximum number of orders - no limitations

- Islamic accounts are available.

Trading account FXClassic:

- the minimum deposit is $1000

- trading instruments are 42 currency pairs, precious metals

- the minimum lot is 0.1

- the maximum lot - no limitations

- the leverage is from 1:100 to 1:500

- the maximum number of orders - no limitations

- Islamic accounts are available.

Trading account Premium:

- the minimum deposit is $50000

- trading instruments are 42 currency pairs, precious metals

- the minimum lot is 1,0

- the maximum lot - no limitations

- the leverage is from 1:50 to 1:100

- the maximum number of orders - no limitations

- Islamic accounts are available

- the help of the private manager FxPrivate.

Forex indicators (recommended)

- Varmov

- Moving Average

- NonLagMA v4

- MACD-combo

- VininI LRMA color.

Forex expert advisors (recommended)

- Gepard 5.0 (an automatic Forex advisor that has a lot of settings, which studying correct setup can allow receiving good profit from trading on the foreign exchange market)

- RelativeR2 (a trading advisor, which operates using the indicator Stochastic Oscillator and makes a good profit while operating with different currency pairs, especially in GBP/USD pair)

- Profit FIXATOR (a trading advisor that allows trading both in automatic and mechanical mode, showing a very good profit on intraday trading).

Investments

Currently FxPrivate does not allow its customers to invest funds in successful managers via Pamm-accounts, but customers who desire to invest their finances in trading on the global financial markets may contact the broker to solve this problem.

Unique features

FxPrivate allows all its customers to communicate in social networks, to earn extra income in the affiliate program. The user has to open an affiliate account and get the individual links that are placed in social networks to become a partner of the Forex broker FxPrivate. All users who sign up on the individual links become referral partners of the broker. Partners receive commissions from all referrals for their trading on the Forex market, using the services of FxPrivate.

Add/withdraw funds

FxPrivate provides the following ways to replenish the accounts: VISA, MasterCard, LiqPay, RBK Money, Yandex Money, DIXIPAY, Liberty Reserve, QIWI, TeleMoney, Wallet One, MoneXy, WebCreds, Money Mail, WebMoney, Contact, UNIStream, Anelik and bank transfers.

Contacts

FxPrivate provides support 24 hours a day during the weekdays via live-chat, Skype fxprivate, by e-mail address [email protected] and by phone numbers + 38-044-586-51-55 + 38-044-360-28-80.

Cons and pros

+ the world renowned broker

+ the minimum deposit is $10

+ small spread

+ good leverage

+ many promotions and contests

- no online training.

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