forex

Forex International Trading Corp. (the “Company”) FXIT 115.05% , announces a change in management and board.

On November 15, 2011, Liat Franco was appointed to serve as the Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer and a director of the Company. As a result of the refusal of management of Triple 8 Ltd. (“Asset” or “Triple”), which the Company owns approximately 49.90%, to provide financial statements for Triple, the Board of Directors elected to appoint Mrs. Franco, who is an attorney licensed in the United States and Israel, as an executive officer and director to handle this matter.

Mrs. Franco graduated with a B.A. Magna Cum Laude from the University of California at Los Angeles and holds a J.D. from the UCLA School of Law in California where she specialized in corporate law, which she received in 2003. Prior to joining the Company, Mrs. Franco served as a Security Officer for foreign consulate in Beverly Hills, California, from 2003 until 2009. From 2009 to the present Mrs. Franco has served as a lecturer on contract law and evidence law at foreign college. Mrs. Franco is licensed as an attorney in the State of California, the State of New York and in the State of Israel.

Furthermore, on November 15, 2011, Darren Dunckel resigned as an executive officer and director of the Company and both William Glass and Stewart Reich also resigned as directors.

Mrs. Franco stated: “I appreciate the trust and I will do anything in my power to pursue the Company's interests. I strongly believe that my legal expertise in both jurisdictions (Israel where Asset's operating subsidiary operates, and the USA) will assist to retrieve the confidence between the Company and Asset. I will devote all my knowledge and contacts to resolve the issues as soon as possible and bring to the Company's shareholders the optimal economic value. I also intend to address all the aspect of the Company's interests including trying to resolve the outstanding Notes in default that the Company issued as part of Asset's acquisition. After evaluating the Company's position, I will update the shareholders about the steps I intend to alleviate the current situation.”


Mr. Dunckel stated: “As a result of the Triple's actions, I am no longer capable of performing my duties as CEO and Director. As the Triple's actions included the removal of the sole director of the Asset's subsidiary which was the Company's representative, the geographic distance as well as the domestic rules in the State of Israel represents an impossible task to address. Therefore, the appointment of Mrs. Franco seems as the best way to secure value to the Company. As a shareholder with the Company where members of my family invested cash to acquire their position, unless the issues are resolved by Mrs. Franco in ‘real time', I intend to seek all means of restitution against the Asset for the damages created by the Triple's current management.”

About Forex International Trading Corp.

Headquartered in Haifa, Israel, Forex International Trading Corp. holds an ownership interest in an offshore advanced online trading platform for Forex markets to non U.S. residents.

Forward-Looking Statements: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others, whether Forex International Trading Corp. can successfully execute its operating plan; its ability to integrate acquired companies and technology; its ability to retain key employees; its ability to successfully combine product offerings and customer acceptance of combined products; general market conditions; and whether Forex International Trading Corp. can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. Forex International Trading Corp. does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

SOURCE: Forex International Trading Corp.

Do Forex robots do the job? Let's be honest, 90% of what you will discover available advertised in magazines, night time Television as well as on the web is just pure trash. Having said that, you will discover mechanical Forex systems being traded in hedge funds, banks and various banking institutions each and every day. Everything depends upon the perception of the Forex automatic trading program under consideration, because like every other system, if you put garbage in, you'll definitely get garbage out. Afterwards want to know ,, you know ways to toss out of the trash to uncover the most effective Fx robots in existence.Where to get The Best Forex Trading RobotsOf course, not all Forex currency trading robot around is legit. There are some weak robots in existence, and whether that's on account of sheer dishonesty or maybe bad design is debatable. No matter, as your job is to locate the best Forex trading robots to invest with solid money management principles. Here's the way i cut from the garbage in a short time: I ignore any Forex program trader that promises a huge return in a matter of weeks, we ignore those who promise a really high win rate. Dependant on my extensive testing experience, I've arrive at learn that Fx robots by using these characteristics just aren't effective, period.When you've sorted through all of the junk, you'll probably have one or two promising candidates at most. Excellent! Ensure that both of them possess a 2 month money back refund, after which put each of these to quality. You literally can test them out . out with non-recourse on your part, since you can just send them back if they don't deliver about what they promise you. Definitely, you don't want to risk any a real income on them unless you are sure that they can deliver with their promises, and that means you will surely have to get a demo Forex account that supports the MetaTrader 4 platform.Foreign currency trading Robot Testing Optimization After you have bought and downloaded the Fx trading robot you want, you will currently have a good idea about whether or not it's potentially among the best Forex trading robots that you will be in search of. The most beneficial Fx robots are usually more transparent using their trading rules, and enable you to definitely set your own management of their bucks parameters. Make no miscalculation, money management in Forex is the thing that is very going to make or break your digestive system. I propose risking 2% of this demo capital in case you are more conservative along with your risk management, and 4% when you are more aggressive. You'll want to trade the body for not less than 4-6 weeks about the demo account prior to one last judgement regarding the system.Finally, when you've satisfied yourself that this works, don't set up all your capital to trading the computer all at one time. Food preparation tools losing periods tend to follow winning periods, and the other way around. To minimize the consequence of risk for your trading balance, make your deposits in a few increments spaced out during a period of a month or more or maybe a month. Apart from that, if you have indeed found probably the greatest Forex trading robots that works well, congratulations! Be sure you keep an eye on your hard earned cash management, and sustain your digestive system regularly to prevent it in tune while using the markets.

Foreign currency trading has gained tremendously in interest and recognition lately mostly due to the introduction of computerized and automatic foreign currency trading systems. The market that was open to banks and related massive monetary establishments is now luring medium and even small investors.

Forex market is the place the place currency of one country is traded for foreign money of one other country. These trades occur around the clock with transactions of billions or perhaps trillion of dollars everyday, making it one of many largest and most lively monetary markets.

With the advent of the web, community, communication applied sciences, and sophisticated automated foreign currency trading programs, collaborating in the foreign exchange market is now open to virtually anyone having a pc, an internet connection, a foreign exchange brokerage account and an excellent buying and selling platform.

But staying on prime of a foreign exchange place requires constant monitoring, as this world market is practically open around the clock. Automatic and automated forex trading methods is a software that permits you to specify a currency, an asking price, and a selling value beforehand. With a small seed quantity and with the help of a broker, your buy and sell orders shall be executed instantly.

An automated and automated foreign currency trading system allows you to benefit from the profitability of the forex market without having to develop into an skilled in trading. In automated buying and selling by way of managed accounts, the buying and selling program or human specialists executes the trades for you.


With a dependable auto trading platform, you are not required to do the precise trading your self and subsequently you save your time. And should you can watch the market consistently, you may mange multiple accounts out of your buying and selling platforms, simultaneously, which was never doable with manual trading. Automated foreign currency trading techniques present advantage of buying and selling multiple methods and multiple markets.

An automated and automatic forex trading enable your trades to be made at any time of the day or night, no matter your presence. You do not miss a single profitable trade even if you are not present in front of your pc terminal.

An automated and automatic forex trading helps you in benefiting from multiple foreign exchange strategies and completely different systems. As a result of totally different systems are designed to be triggered by different commerce indicators, you may diversify your funding as well as your risk.

An automatic and automated forex trading also eliminates human feelings and psychology that can often affect correct and worthwhile trading decisions. With an automatic and automated foreign currency trading system, you'll be capable of monitoring many foreign money pairs at a time and you may follow and execute all of them.

But, even with automated forex trading systems, you will have to study the basics of the forex trading, strategies of basic and technical analysis, market indicators, etc. for having fun with constant profits.

Just being automated, the buying and selling system never ensures you success as the market is influenced by many variables and parameters. The forex automated system is not just mechanical, but is fully programmable and you may customize them in response to your needs.

Choosing a currency trading platform for Forex trading is an essential step if you need to take advantage in the currencies market. The platform is definitely a developed software that is made specifically to allow traders to enter the market anywhere around the globe as long as there is Net access and wherever you can listen to live forex news updates. In order for making every trade smooth and easy, choosing the appropriate one makes all the variation.

User-friendly Interface

Determine if the software provides an easy-to-navigate graphical user interface. If the software is simple rather than too distracting on the eyes, then it's a good choice. However, it really is also necessary to ensure that the language used is easy to have an understanding of instead of ambiguous. Remember which you would be using the exact same exact software to trade currencies so make sure that its design is pleasing in your eyes. In addition, read any broker Forex review you can find on-line to get the names of some with the excellent platforms for consideration.

Useful Features


Features like opening an absolutely free demo account for practice is mostly a good sign that the developers truly want traders to succeed. Practice is an essential aspect of trading and those who develop excellent strategies by using virtual cash usually make profit out of actual trades. Demo accounts are useful given that they allow every eager trader to enter the market in real time without having to risk real money. Virtual cash doesn't cost anything and trading it in real time does not have any negative financial effect on the trader.

Helpful Tools

Charts and graphs help traders be aware on the current market trends. It also helps them make better and well-informed decisions. Be sure to check if the platform offers tools that you can rely on. Remember that the numbers while in the graphs are crucial when it comes to buying and selling currencies. As long as you can determine when to stop losses or stay in the current position, then you can make cash with Forex.

Price

The price of the currency trading platform should be considered carefully. Any time you are a beginner and you also still involve a good deal of practice, go absolutely free platforms that deliver 100 % free demo accounts. These may not provide all the necessary tools and features you may need during actual trading, but they do provide you with an easy implies to experience live trading. In case you feel confident on your capabilities already, then you may hope to upgrade to a pro account.

Foreign Exchange Market place is often an industry exactly where traders acquire and sell currencies using the hope of producing a profit when the values of the currencies alter in their favor. Folks are generating vast amounts of dollars from Forex trading. The Forex Industry has a major possible for every person, ranging from big corporate firms to ordinary, everyday people today like you and me.

It can be a quite exciting trade having a large money-making prospective. Just envision oneself sitting comfortably inside your pajamas at your computer. you turn online and make several speedy transactions and by the time that you simply get as much as get a cup of coffee, you will be numerous hundred dollars wealthy! Would you like that? I would!!

I can hear you say, 'Wait a minute!! This sounds just like yet another 1 of those confusing markets like stocks, possibilities or classic futures, so what makes this industry any various?'

Aaah! Excellent question! So, in answer to your question, here are 10 superior (if not fantastic) causes to enter the Forex Trade:

1. 1st and foremost, Forex trading permits for smaller investments. You don't need to have the ability to invest thousands of dollars to obtain began with this trade. You are able to begin trading Forex with as small as $300 to $350 and might be nicely on your technique to earning far more than that on your initially day.

2. The Forex markets are often open! You will be able to trade anytime and from anyplace inside the globe. No waiting for the stock exchange to open. The market place is ongoing, with usually only minor breaks on the weekends.

3. The funds which you invest are liquid; you may money them anytime you would like. No waiting for days to obtain your stocks converted into challenging money.

4. The value of the Forex Trading industry is COLOSSAL: it really is 30 times bigger than all the US equity markets combined. It can be the largest market place within the globe with day-to-day reported volume of 1.5 to 2.0 trillion dollars. This huge value makes it a lucrative and desirable trade to invest in.


5. It really is an extremely stable trade and delivers higher strength over other markets. Countries and people today are Usually going to will need currency. Despite the fact that the value of various currencies goes up and down, the fluctuations usually are not as dramatic as stock rates and usually follow a predictable trend.

6. You don't need to be concerned about commissions, exchange fees nor any hidden charges if you trade Forex. Forex brokers make only a little percentage of the bid and you will discover incredibly respectable and free of charge brokers readily available also. Is that not terrific for you?

7. You make profits regardless of which way the currency is going. You may not be concerned about a falling currency value should you know what to do with it and make very good gains.

8. Forex is really a quite transparent industry. In contrast to equity markets, exactly where analysts have an unfair benefit over the layman due to the fact of their insider expertise, the relevant info for Forex is equally offered to each 1 by means of international news. Consequently, all Forex traders are in a position to create pertinent decisions based on the existing industry scenarios.

9. Forex industry is very speedy! It takes not far more than 1 to 2 seconds to total your transactions mainly because it truly is all carried out electronically, on the internet and in Actual Time.

10. The final excellent news is which you don't will need any formal education, licensing, diploma or degree to trade Forex. All you'll need will be the know-how of how it works, trading techniques and some suggestions and methods and you'll be able to be on your approach to earn huge profits.

Forex trading on the internet may well be the fastest path to monetary freedom and an finish to all of your monetary worries. It really is an great, if not The top residence enterprise chance for ordinary men and women.

FOREX, is surely an acronym for 'Overseas Alternate', may be the largest fiscal market place in the entire earth. Estimated to commerce 1.five trillion money in currencies every single single evening, and what Forex does, is it delivers earnings to hundreds of thousands of merchants and fiscal establishments all across the planet. The current market is so substantial in quantity, that it would literally choose the NY Share Change about 3 months, which has a daily average of less than 20 billion, to achieve the amount traded inside a solitary working day to the Foreign Swap Marketplace, that just blows my intellect!

The matter is, Forex is just not like other fiscal markets, it is not attached to an real commodity swap, which means its essentially an 'through the counter' or 'off-swap' current market.

Does Forex Trading Get The Job Done - The Purpose

So, how does the forex trading marketplace work? The currency market place will be the instrument from which currencies are valued relative to each other, and exchanged. Anyone or an institution purchases 1 forex and sells one more in simultaneous transaction. Forex trading will always happen in pairs where one particular form of forex is offered for another, and is represented inside the following nation: ERU/USD or CHF/YEN. The exchange premiums are determined as a result of interaction of marketplace forces, and marketing with deliver and demand.

A foreign exchange dealer, generates a profit, or loses earnings, by deciding whether or not a overseas currency exchange will rise or fall in comparison to one more foreign money. So in other text, the investor will either obtain the international foreign money anticipated to rise, or advertise the foreign foreign currency expected to fall. A small description for the benefit of currency would be, a likeness with the point out of that countries economic climate with respect to other main economies. The foreign exchange industry will not likely rely on any single economic climate. Despite whether an economic system is struggling, or exploding, foreign exchange 'pros' can nonetheless make a revenue purchasing or advertising the forex.


The Forex trading background

Historically, Currency trading has become dominated by inter-earth financial commitment, business banks, money portfolio managers, and a couple of personal merchants. But, recently factors have been modifying. Together with the creation with the world-wide-web, and the marketplace's quite unique leveraging selections, we've been seeing extra and more particular person traders getting involved from the marketplace, by far the most popular motive is plainly to make a return.

Open 24 Several hours

Not like the stock market, the currency market is open twenty four several hours every day, which indicates it has no 'official' opening and closing. It strikes primarily on press releases from critical central banking businesses, experiences to the economy from government statistics bureaus, and several other components which I'm not going to put together in to.

What transpires is when traders are inactive because of on the incontrovertible fact that it is really evening time exactly where they can be, there are often traders someplace else wherever it is really daytime, so they can be presently active. No matter what time of evening (or night time), you will discover usually sellers active someplace from the planet.

The working day's session 'ends' at 5PM EST, but the actual industry won't truly close. The one occasion the currency marketplace basically closes is at 4PM on Friday, it then closes with the weekend, and re-opens at 5PM on Sunday evening.

To lure more number of forex investors, the forex trading systems are being propagated by a lot of talks and discussions. To achieve the aim of helping the investors in their forex trading, many platforms are coming up in the internet. Platforms are mediums which allow the registered members to look at the forex trading in real time, so that the investors are able to know about the changes that are going on in their currency pairs.

Once registered, people will be going into the depths of the forex trading online where they will come to know of various analysis and techniques of how to invest and when to invest. Most of the forex trading platforms are not doing justice to their working system. They resort to a number of advertising gimmicks to bring in more customers, but then, fail to sustain and maintain their promises, so that people become disgruntled in the long run.

Many claim of the automated forex trading which would seem to be quite an attractive feature in most of these platforms. By automated mechanism, the platform allows the account of a member to be controlled independently, so that one is not required to sit before the forex market and look at the rise and fall. Instead, by the use of automated forex trading, people are able to relax a bit. But beyond that, the forex trading systems will require a lot of careful planning and execution of strategies. Platforms will try to bring people into their fold with many kinds of assurances and truths. But, it is upto people to realize that these promises should be based on practical points and not just imaginations.


Forex trading software is used many a times to attract people. But, on their part, the investors should realize that there is no magic bullet for reaping profits in the forex market. There are bound to be losses as well as gains. The software should be maximized to bring in more profits by lowering the loss amount.

Forex trading online is a matter of understanding the process and not just blindly depending on the platforms for putting in the money at the currency ratios. The system of trading is such that no one can exactly predict the values at which the investments are to be made. Anyone claiming to give the right predictions should be taken with a pinch of salt and more knowledge should be gained about the forex trading software.

People should try and learn the basics of the forex market, so that they can understand the fundamentals by themselves. Analysis should be regularly read from the platforms. Questions should be asked and answers should be sought. It takes a lot of practice to come out clean with the fundamentals, and for this, the demo forex trading systems are very effective. People need to be aware of the small features of the trading platform, which would go a long way in ensuring that the profits are maximized.