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If you checked our trouble shooting guide and it didn't help with tracking down the source of the issue, please contact our support team for assistance.
Trouble Shooting Guide
1: Is your computer connected to the internet?
2: Is your trading platform connected to your Trading Account Provider and can you see any price updates within your trading platform?
3: Is your Fixedpips plug-in software installed and activated within your Trading Platform?
4: Is your Fixedpips monthly service plan active and are there any payment issues?
5: Are there enough funds within your trading account to enable trading?
6: Are there any errors displayed within your trading platform, on your computer or by your internet modem or router?
We respond to general messages within 48 hours. For a faster reply, please sign in to your website account and contact us.
Fixedpips Privacy Policy
This website is owned and operated by Fixedpips Limited, a company registered in England and Wales, with company number 12101433 and registered office at 32D High Street London CR7 8LE.
The following Privacy Policy applies to your use of this website and to any data that we collect about your use of this website or that you choose to submit using any of our systems. By using our website and or products and services you are agreeing to this Privacy Policy.
1. Introduction:
Fixedpips Limited ("we," "us," or "our") respects your privacy and is committed to protecting your data. This privacy policy ("Policy") sets out how we collect, use, and disclose information that we obtain from you when you use our website, www.Fixedpips.com (the "Website").
2. data We Collect:
When you register a user account, subscribe to our newsletter, or contact us through our web form, we may collect and process your data, including your name, email address, and any other information you provide to us. We also collect data about your use of the Website through Google Analytics. In addition, our Website may display third party links to other website's. When you click on such links, you may be directed to other website's that we do not control. We encourage you to read the privacy policies of these third party website's before submitting any data to them.
3. How We Use Your data:
We may use your personal data to:
4. Legal Basis for Processing Your Personal Data:
We process your personal data on the following legal bases:
5. Disclosure of Your data:
We may disclose your data to:
6. International Data Transfers:
We may transfer your data to countries outside the European Economic Area ("EEA"), including to countries that do not provide the same level of protection for data as the EEA. In such cases, we will ensure that appropriate safeguards are in place to protect your data, such as by using standard contractual clauses approved by the European Commission.
7. Your Rights:
You have the right to:
Access your personal data:
You have the right to access the data that we hold about you, subject to certain limitations and exceptions.
Request correction of your data:
You have the right to request that we correct any inaccuracies in the personal data that we hold about you.
Request erasure of your data:
You have the right to request that we delete your data in certain circumstances, such as when it is no longer necessary for the purposes for which it was collected.
Object to the processing of your data:
You have the right to object to our processing of your data in certain circumstances, such as when we are relying on our legitimate interests as the legal basis for processing.
Restrict the processing of your data:
You have the right to request that we restrict the processing of your personal data in certain circumstances, such as when you contest the accuracy of the data.
Data portability:
You have the right to receive the data that you have provided to us, in a structured, commonly used, and machine-readable format, and to transmit that data to another data controller.
Withdraw consent:
Where we have obtained your consent to process your data, you have the right to withdraw your consent at any time.
8. Data Retention:
We will retain your personal data for as long as necessary to fulfil the purposes for which it was collected, including to satisfy any legal, accounting, or reporting requirements. To determine the appropriate retention period for data, we consider the amount, nature, and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your data, the purposes for which we process your data, and whether we can achieve those purposes through other means.
9. Security Measures:
We have implemented appropriate technical and organisational measures to ensure a level of security appropriate to the risk of processing your personal data. We also require our service providers to implement appropriate security measures to protect your data.
10. Contact Us:
If you have any questions or concerns about our Privacy Policy or our processing of your data, or any other aspect of our service or company, please contact us using the link in our website's main menu and we will be happy to help you with your query.
11. Effective Date
January 1st 2023
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Privacy Policy
We respond to general support requests within 24 hours. Sign in to your website account and contact our support team for a faster response.
Fixedpips Privacy Policy
This website is owned and operated by Fixedpips Limited, a company registered in England and Wales, with company number 12101433 and registered office at 32D High Street London CR7 8LE.
The following Privacy Policy applies to your use of this website and to any data that we collect about your use of this website or that you choose to submit using any of our systems. By using our website and or products and services you are agreeing to this Privacy Policy.
1. Introduction:
Fixedpips Limited ("we," "us," or "our") respects your privacy and is committed to protecting your data. This privacy policy ("Policy") sets out how we collect, use, and disclose information that we obtain from you when you use our website, www.Fixedpips.com (the "Website").
2. data We Collect:
When you register a user account, subscribe to our newsletter, or support us through our web form, we may collect and process your data, including your name, email address, and any other information you provide to us. We also collect data about your use of the Website through Google Analytics. In addition, our Website may display third party links to other website's. When you click on such links, you may be directed to other website's that we do not control. We encourage you to read the privacy policies of these third party website's before submitting any data to them.
3. How We Use Your data:
We may use your personal data to:
4. Legal Basis for Processing Your Personal Data:
We process your personal data on the following legal bases:
5. Disclosure of Your data:
We may disclose your data to:
6. International Data Transfers:
We may transfer your data to countries outside the European Economic Area ("EEA"), including to countries that do not provide the same level of protection for data as the EEA. In such cases, we will ensure that appropriate safeguards are in place to protect your data, such as by using standard contractual clauses approved by the European Commission.
7. Your Rights:
You have the right to:
Access your personal data:
You have the right to access the data that we hold about you, subject to certain limitations and exceptions.
Request correction of your data:
You have the right to request that we correct any inaccuracies in the personal data that we hold about you.
Request erasure of your data:
You have the right to request that we delete your data in certain circumstances, such as when it is no longer necessary for the purposes for which it was collected.
Object to the processing of your data:
You have the right to object to our processing of your data in certain circumstances, such as when we are relying on our legitimate interests as the legal basis for processing.
Restrict the processing of your data:
You have the right to request that we restrict the processing of your personal data in certain circumstances, such as when you contest the accuracy of the data.
Data portability:
You have the right to receive the data that you have provided to us, in a structured, commonly used, and machine-readable format, and to transmit that data to another data controller.
Withdraw consent:
Where we have obtained your consent to process your data, you have the right to withdraw your consent at any time.
8. Data Retention:
We will retain your personal data for as long as necessary to fulfil the purposes for which it was collected, including to satisfy any legal, accounting, or reporting requirements. To determine the appropriate retention period for data, we consider the amount, nature, and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your data, the purposes for which we process your data, and whether we can achieve those purposes through other means.
9. Security Measures:
We have implemented appropriate technical and organisational measures to ensure a level of security appropriate to the risk of processing your personal data. We also require our service providers to implement appropriate security measures to protect your data.
10. Support Us:
If you have any questions or concerns about our Privacy Policy or our processing of your data, or any other aspect of our service or company, please support us using the link in our website's main menu and we will be happy to help you with your query.
11. Effective Date
January 1st 2023
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Thank you for viewing
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Fixedpips Limited Terms & Conditions
Fixedpips Limited is a British company offering software and or services through our website www.Fixedpips.com (the "Website"). By accessing and using our Website and any of our software, products and or services, you agree to be bound by these terms of service (the "Terms"). If you do not agree to these Terms, you must not use any of our software, products and or services.
1. Our Company
Fixedpips Limited is registered in England and Wales, with company number 12101433 and registered office at 32D High Street London CR7 8LE.
2. User Account
By registering a user account on our Website, you agree to our Privacy Policy and to provide accurate and complete information and to keep your account information up to date. You are responsible for maintaining the confidentiality of your account login information and for any activity that occurs under your account. Fixedpips Limited reserves the right to suspend or terminate your account at any time and for any reason, without liability.
3. Fixedpips Plug-in Service
The Fixedpips plug-in service is a software download that is installed into MetaTrader or Forex trading platforms which are supplied by third party spread-betting or broker trading account providers. By downloading and using the Fixedpips plug-in service, you agree to be bound by these Terms.
4. Payment
Our Website may contain links to third party websites that are not owned or controlled by Fixedpips Limited. We have no control over and assume no responsibility for, the content, privacy policies, or practices of any third party websites. By using our Website, you expressly release Fixedpips Limited from any and all liability arising from your use of any third party website.
5. Limitation of Liability
Fixedpips Limited will not accept any liability for any loss of any kind while using any of our products and or services, including but not limited to the Fixedpips plug-in service. The use of our products and services is at your own risk. We do not guarantee any particular results or profits, and you acknowledge that trading carries a high level of risk and may result in substantial losses. Fixedpips Limited will not be liable for any direct, indirect, incidental, consequential, special, or punitive damages arising out of or in connection with the use of our products or services.
6. third party Links
Our Website may contain links to third party websites that are not owned or controlled by Fixedpips Limited. We have no control over and assume no responsibility for, the content, privacy policies, or practices of any third party websites. By using our Website, you expressly release Fixedpips Limited from any and all liability arising from your use of any third party website.
7. Privacy Policy and Legal Notice and Disclaimer
By using our Website and any of our products or services, you acknowledge and agree to our Privacy Policy and Legal Notice and Disclaimer, which are incorporated into these Terms by reference. Please review these documents carefully before using any of our products or services.
8. Termination
These Terms are effective until terminated by either party. If you wish to terminate these Terms, you may do so by ceasing to use our products and services. Fixedpips Limited may also terminate these Terms at any time and for any reason without liability.
9. Integration with third party trading services
The Fixedpips plug-in service is designed to integrate with trading services offered by third party companies. Fixedpips Limited has no control over these third party companies or their systems, and cannot be held responsible for any losses incurred as a result of using their services. It is important to note that there is always a risk of loss when undertaking any speculative activity, including financial trading and the use of Fixedpips Limited products and services. Users are solely responsible for assessing their own trading needs and the risks involved in using any third party trading services. Fixedpips Limited strongly advises users to exercise caution and to seek professional advice before using any third party trading services or engaging in any speculative activity.
10. Governing law, Jurisdiction and dispute resolution
These terms of service and any dispute or claim arising out of or in connection with them (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of England and Wales. In the event of any dispute or claim arising out of or in connection with these terms of service, including disputes relating to their validity, breach, termination or nullity, Fixedpips Limited will make every effort to resolve the matter amicably and without the need for legal action. Any dispute or claim that cannot be resolved by mutual agreement shall be referred to a single arbitrator to be appointed by agreement between the parties or, failing agreement within 14 days of either party requesting arbitration, to be nominated by the President of the Law Society of England and Wales. The arbitration shall be conducted in London, England in accordance with the Arbitration Act 1996 and any other applicable rules or regulations. The language of the arbitration shall be English. Any party making a claim must give the other party notice of the claim in writing and allow the other party up to 90 days to attempt to resolve the matter before any arbitration is commenced. The claimant shall be responsible for the costs of the arbitration and any associated legal fees. It is important to note that the use of Fixedpips Limited products and services is entirely at your own risk. Fixedpips Limited will not be liable for any losses, damages or expenses (including without limitation any direct, indirect, incidental, special, or consequential damages) incurred by you in connection with the use of our products and services, or any act or omission of any third party in connection with our products and services. By using our products and services, you agree to hold Fixedpips Limited harmless against any such losses, damages or expenses.
11. Severability
If any provision of these Terms is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary so that these Terms will otherwise remain in full force and effect and enforceable. The unenforceable or invalid provision will be replaced with a valid and enforceable provision that closely approximates the intent of the original provision.
12. Additional TermsThese Terms of Service are in addition to the content of Fixedpips Limited's Privacy Policy and Fixedpips Limited's website's Legal Notice and Disclaimer. All three of these documents together create the Fixedpips Limited full 'Terms of Service' and by using any of Fixedpips Limiteds products and or services you agree to our full 'Terms of Service' and to be bound by their content.
13. Contact us
If you have any questions or concerns about our Terms of Service, please contact us using the link in our main menu and we will be happy to help you with your query
14. Effective Date
January 1st 2023
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Fixedpips Privacy Policy
This website is owned and operated by Fixedpips Limited, a company registered in England and Wales, with company number 12101433 and registered office at 32D High Street London CR7 8LE.
The following Privacy Policy applies to your use of this website and to any data that we collect about your use of this website or that you choose to submit using any of our systems. By using our website and or products and services you are agreeing to this Privacy Policy.
1. Introduction:
Fixedpips Limited ("we," "us," or "our") respects your privacy and is committed to protecting your data. This privacy policy ("Policy") sets out how we collect, use, and disclose information that we obtain from you when you use our website, www.Fixedpips.com (the "Website").
2. data We Collect:
When you register a user account, subscribe to our newsletter, or signup us through our web form, we may collect and process your data, including your name, email address, and any other information you provide to us. We also collect data about your use of the Website through Google Analytics. In addition, our Website may display third party links to other website's. When you click on such links, you may be directed to other website's that we do not control. We encourage you to read the privacy policies of these third party website's before submitting any data to them.
3. How We Use Your data:
We may use your personal data to:
4. Legal Basis for Processing Your Personal Data:
We process your personal data on the following legal bases:
5. Disclosure of Your data:
We may disclose your data to:
6. International Data Transfers:
We may transfer your data to countries outside the European Economic Area ("EEA"), including to countries that do not provide the same level of protection for data as the EEA. In such cases, we will ensure that appropriate safeguards are in place to protect your data, such as by using standard contractual clauses approved by the European Commission.
7. Your Rights:
You have the right to:
Access your personal data:
You have the right to access the data that we hold about you, subject to certain limitations and exceptions.
Request correction of your data:
You have the right to request that we correct any inaccuracies in the personal data that we hold about you.
Request erasure of your data:
You have the right to request that we delete your data in certain circumstances, such as when it is no longer necessary for the purposes for which it was collected.
Object to the processing of your data:
You have the right to object to our processing of your data in certain circumstances, such as when we are relying on our legitimate interests as the legal basis for processing.
Restrict the processing of your data:
You have the right to request that we restrict the processing of your personal data in certain circumstances, such as when you contest the accuracy of the data.
Data portability:
You have the right to receive the data that you have provided to us, in a structured, commonly used, and machine-readable format, and to transmit that data to another data controller.
Withdraw consent:
Where we have obtained your consent to process your data, you have the right to withdraw your consent at any time.
8. Data Retention:
We will retain your personal data for as long as necessary to fulfil the purposes for which it was collected, including to satisfy any legal, accounting, or reporting requirements. To determine the appropriate retention period for data, we consider the amount, nature, and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your data, the purposes for which we process your data, and whether we can achieve those purposes through other means.
9. Security Measures:
We have implemented appropriate technical and organisational measures to ensure a level of security appropriate to the risk of processing your personal data. We also require our service providers to implement appropriate security measures to protect your data.
10. Signup Us:
If you have any questions or concerns about our Privacy Policy or our processing of your data, or any other aspect of our service or company, please signup us using the link in our website's main menu and we will be happy to help you with your query.
11. Effective Date
January 1st 2023
Are You Sure?
Fixedpips is easy to use and it makes you an additional monthly income with very little time or effort spent on your part. Signing up today could be one of the best decisions you ever make...
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Automatically and efficiently.
That's how our software and our service was designed and it simply works.
But at this stage we can't be sure how much you already know about online trading and we don't want to present you with a bunch of information that you may or may not be useful...
Click on a bold heading below to expand its content if you would like more information on that topic - or if you are already familiar with online trading - you can skip this section and just go straight to 'How Fixedpips Works' where we have an explainer video and a text description.
Retail forex trading is the buying and selling of currency through an online broker in the foreign exchange market. It's called "retail" because it's done by individual traders and investors rather than institutions or banks. Forex trading is popular because it offers the potential for high returns and the market is open 24 hours a day, five days a week.
To trade forex, traders use a trading platform provided by a broker. The platform displays live currency prices and allows traders to place orders to buy or sell currency. Traders can trade major currency pairs such as EUR/USD, GBP/USD and USD/JPY, as well as exotic currency pairs that include currency from emerging markets.
Forex trading involves speculating on the direction in which currency prices will move. Traders can make a profit if they buy a currency pair and its price increases, or if they sell a currency pair and its price decreases. However, forex trading also involves risks, and traders can lose money if they make incorrect predictions or if the market moves against them.
Successful forex trading requires knowledge and skill, as well as a trading strategy and risk management plan. Traders can use technical and fundamental analysis to make trading decisions, and they can employ various trading strategies such as scalping, day trading or swing trading.
A trading platform is a software application that allows traders to access financial markets and execute trades. These platforms usually provide real-time market data, charting and technical analysis tools, and a range of order types that traders can use to enter and exit trading positions.
MetaTrader and JForex are very popular examples of trading platforms used by forex brokers and some spread-betting account providers. MetaTrader is a popular platform developed by MetaQuotes Software that offers advanced charting capabilities, as well as the ability to use automated trading strategies known as Expert Advisors (EAs). JForex is a platform developed by Dukascopy Bank that offers similar functionality to MetaTrader and in some ways can be considered a more professional platform but this is very subjective.
Fixedpips works by using its own software Plug-in within MetaTrader or JForex. Plug-ins are software components that add to a trading platform and extend its functionality.
MetaTrader and JForex both support the use of plug-ins natively within their architecture and we have developed our own custom plug-in that allows us to open and close trades within our customers' trading accounts by sending trading instructions to our plug-in software over the internet.
A trading account provider or 'broker' is a financial intermediary that connects buyers and sellers in financial markets. In the context of forex trading, a broker is a company that provides traders with access to the forex market, usually through an online trading platform such as MetaTrader or JForex. Brokers can earn revenue through commissions, spreads, or a combination of both. They may also offer additional services such as market analysis, trading education, and customer support.
A spread-betting account provider is a company that offers spread-betting accounts to traders. Spread betting is a form of derivatives trading that allows traders to speculate on the direction of financial markets without owning the underlying assets. Spread-betting account providers offer traders the ability to place bets on a range of financial instruments, including currency, stocks, and commodities, with the potential to profit from both rising and falling markets.
Trading margin refers to the amount of collateral that a trader needs to deposit in order to open a trading position with their trading account provider. Margin trading allows traders to control a larger position than they would be able to with their own capital alone, by effectively 'borrowing' funds from the trading account provider to use in the markets. The amount of margin required will depend on the size of the trading position, as well as the leverage offered by your account provider. Leverage allows traders to control a larger position with a smaller amount of capital, but this also increases the risk of losses.
Margin requirements are typically expressed as a percentage of the total value of the trading position. For example, if a trader wants to open a position worth $10,000 and the margin requirement is 1%, they would need to deposit $100 as collateral. If the value of the position increases, the trader will earn a profit, but if it decreases, they will incur a loss.
The bid-ask spread on a currency pair is the difference between the highest price a buyer is willing to pay (the bid) and the lowest price a seller is willing to accept (the ask). In other words, it is the cost of trading a currency pair and represents the profit margin of the market maker or broker facilitating the trade. The bid-ask spread can vary depending on market conditions, liquidity, and other factors, and traders need to take it into account when buying or selling a currency pair to minimize their transaction costs.
In summary, a broker (or trading account provider) is a financial intermediary that connects buyers and sellers in financial markets, a spread-betting account provider offers traders the ability to place bets on financial instruments without owning the underlying assets. Trading margin refers to the amount of collateral that a trader needs to deposit with their trading account provider in order to open a trading position and the Bid-Ask spread is the different prices that you can buy and sell a currenct pair at and the difference between the two is what the trading account provider makes as a profit for facilatating the trade.
Manual trading or day trading involves making trading decisions based on your analysis of market data, which can be a time-consuming and stressful process. While it's possible to make profits through manual trading, there are several reasons why it can also lead to losses.
One reason is that manual trading is prone to human error. Traders may make mistakes in their analysis of market data, or they may make emotional decisions that go against their trading strategy. Fear, greed and other emotions can also cloud a trader's judgement, leading to poor decision-making and ultimately, losses.
Another reason why manual trading can lead to losses is that the forex market is highly volatile and unpredictable. Currency prices can fluctuate rapidly in response to economic news or political events, and traders may not be able to stay focused or react quickly enough to these changes. This can result in losses if trades are not closed in time or if stop-loss orders are not managed correctly.
Manual trading also requires a significant amount of time and effort to be put in on a daily basis, which can lead to burnout or fatigue. Traders who are not well-rested or who are under stress may make poor decisions or miss important signals in the markets, which can lead to losses.
So while manual trading or day trading can be profitable, it also carries a high level of risk due to the emotional and psychological factors involved. Traders need to be disciplined, patient and well-rested in order to succeed in manual trading but let's face it, most people aren't these things - well, at least not all of the time and all it takes is a few bad trades and you will have lost a significant amount of your money. Please look up 'the risk of ruin' as a topic online for more information.
Using a successful automated trading product like Fixedpips is superior to manual trading for several reasons. Fixedpips use algorithms and software to make trading decisions, this eliminates human error and emotional bias from the trading process. This results in more consistent and profitable trading, as our systems analyse market data and execute trades much faster and more efficiently than any human trader.
Fixedpips also operates without getting tired, stressed or distracted. It makes low-risk, calculated trades on your behalf throughout the most liquid parts of the trading day to earn you consistent monthly returns based on your service plan.
In addition, Fixedpips uses advanced risk management techniques, stop-loss orders and position sizing to manage risk and protect your trading capital. These techniques are applied consistently and automatically, which reduces the risk of loss which human error introduces and improves the overall returns of trading.
As mentioned previously, we can not give specific recommendations on which trading account provider or trading platform you should use with our service for both legal and practical reasons. However, we can provide some general guidelines and suggestions and links to useful information on these topics.
Links to the official websites for MetaTrader and JForex are shown below. These are the trading platforms that are supported by Fixedpips and you will need to use a trading account provider that supplies one of these platforms if you wish to use our service.
Both of these platforms work very well and they are very popular with traders and as MetaTrader has been around for much longer, it has a much wider user base. We have no affiliation with either of these companies so it is completely up to you to decide which platform you would like to use with Fixedpips.
JForex is Java based so it runs natively on Windows, macOS or Linux operating systems. MetaTrader was originally developed as a Windows-only platform but in recent years it to has been ported over to macOS and Linux.
In our experience, JForex performs slightly better in terms of the way it receives tick data and it is what we use ourselves personally, but there is absolutely nothing wrong with MetaTrader and many more Trading account providers supply MetaTrader than supply JForex with their trading accounts (Dukascopy Bank developed JForex for their own business use, but they later also offered it to other trading account providers as a white label solution but it did not become anywhere near as popular as MetaTrader.)
MetaTrader 4 This is the official website for the MetaTrader 4 trading platform which is the most widely used version of this software. The website provides information on the platform and its features. Please note that if your trading account provider supports MetaTrader 4, you will need to download and install the platform from your trading account provider's website as they will likely have preconfigured the software for use with their service.
JForex 3 This is Dukascopy Banks' official website and they provide the JForex trading platform. You can also open a demo or live account from this page and it lists some details about the features of the platform.
In terms of Trading (Broker) or Spread-betting account providers, it really is very difficult for us to make any recommendations. There are so many of them out there and they all have their own strengths and weaknesses. We have no affiliation with any of them and we do not receive any commission or any other payment from them for recommending their products or services or for you using their product with our service.
As well as the potential legal implications of us making any recommendations, it is the sheer number of factors to consider that makes it impossible for us to advise you on this, for example, where are you based? what are the local laws in terms of forex trading or spread-betting and are there any special rules or regulations specific to your location or situation?
There is also the costs and fees that may be charged by an account provider to consider, as well as how well they will execute trade instructions and how large (or not) their bid-ask spreads are on the EUR/USD currency pair during peak market hours, etc...
If you don't already have a trading account provider, we suggest that you use a popular search engine to search for the 'best broker or spread-betting account providers' in your location - and then read the reviews and comments within the results you get back. You can also use a search engine to search for the 'best forex trading platform' or 'JForex vs MetaTrader' and then read the reviews and comments on the results that you get back. This may sound 'wishy-washy' but it's what we did and what we would do ourselves if we were looking for such information.
Please also note that to add to the complexity surrounding trading account providers, some trading account providers may not accept clients from North America or other countries or jurisdictions due to regulations or requirements from those countries for foreign financial institutions to report on the accounts and activities of the citizens of these countries.
This adds a lot of extra cost and complexity to these account providers' businesses, so a lot of account providers outside of these countries find it easier to just not accept any customers from these locations so that they can avoid the extra costs and work involved in accepting clients from locations where these laws are in place.
This is a very complex area and it is not something that we are experts on or able to give any advice about. This is another part of the reason why we do not give any official advice or guidance. If you have any questions or concerns about using any of the services you are considering using with Fixedpips then we suggest that you should contact your local government department which deals with such issues and ask them for any clarification or information you may need.
This may all sound very complicated and confusing, but please keep in mind that these rules and regulations are aimed more at trading account providers rather than their customers, so all you really need to be concerned with is selecting a provider that is compliant with the laws in your location and that offers you the best service at the lowest cost possible.
UTC time, or Coordinated Universal Time, is a standard timekeeping system used as a reference time across the world. It is based on the precise measurement of atomic clocks and is adjusted periodically to account for the Earth's rotation.
UTC is used as a basis for civil time in most countries, and it is the primary time standard used by the international aviation industry, the military, and many scientific and commercial organisations. In simple terms, UTC is a globally recognised time standard that ensures time is consistent and accurate, regardless of where you are in the world.
UTC and GMT time are also very similar and they are sometimes referred to interchangably, but as GMT is based on the earths rotation whereas UTC is based on the international atomic time scale, UTC is slightly more accurate although the difference between the two is usually only a few seconds, however, in trading and with automated trading systems, a few seconds matter so we always use UTC within Fixedpips and our software.
BabyPips is a great resource for new traders looking to learn about forex trading. The site offers free educational resources, including courses, articles, and a forum where traders can interact with each other and ask questions.
Forex Trading is explained within this Investopedia acticle. Investopedia is a reputable and authoritative website that contains lots of useful information on trading, investing and related topics.
Spread Betting is explained within this Investopedia acticle. Investopedia is a reputable and authoritative website that contains lots of useful information on trading, investing and related topics.
The above links direct to third-party organisations that are not affiliated with Fixedpips in any way and that we have no control over. There are many other sources of similar information available on the internet and you are welcome to use them rather than the above to learn more about online trading and spread-betting.
How Fixedpips works
It really isn't rocket science.
Fixedpips is designed from the ground up to make you money automatically using your own computer and internet connection while you do whatever else it is that you want or need to do with your time.
To give you more of an idea of how our service does this, consider the diagram below:
Our software plug-in installs into your trading platform software running on your computer and then securely connects over the internet to our cloud-based systems.
Your trading platform software also securely connects to your trading account providers systems over the internet, and both our cloud-based systems and your trading account providers systems are independantly connected to the forex market.
Our cloud-based systems monitor the market and make high probability, low-risk trading decisions which are sent as encrypted messages to our software plug-in running within your trading platform software on your computer.
Our software plug-in receives these messages and instructs your trading platform software to send an open or close trade order to your trading account provider, and your trading account provider executes the trade order in the market and with your trading account.
Additional information
The Fixedpips plug-in is a small piece of custom software that we developed to take advantage of the native feature of MetaTrader and JForex trading platforms which allows these platforms to accept third-party software plug-ins that expand on or add additional functionality to these platforms.
Once our software plug-in is installed and ativated, it relays encrypted instructions between your computer and our cloud-based systems and our service never directly communicates with or has any 'knowledge' of your trading account provider.
There is also no trading decision processing done on your computer so there is no need for a very powerful CPU or a large amount of RAM memory to be installed within your system to run our software or to use our service.
Fixedpips scalps and trend follows the market depending on how the market is behaving at any given time and our service is focused on trading the market during its most active or 'liquid' sessions each trading day.
The forex market is a 24-by-7 market, however, most trading account providers enable trading between 9 pm UTC Sunday evenings and 9 pm UTC on Friday evenings.
Fixedpips trades the market between 5 am UTC and 6 pm UTC each week day as this is when the market is at its most 'liquid' and bid-ask spreads are at their lowest.
Between 6 pm UTC and 5 am UTC each weekday and over the weekends our cloud-based systems are taken offline for general maintence and our plug-in software will automatically disconnect and reconnect if it is left active during these times.
Which markets does Fixedpips trade?
Fixedpips currently trades the EUR/USD currency pair as this is the most widely traded currency pair in the world and it accounts for over $4 trillion worth of trades each trading day.
There are plans to expand our service to include more of the 'major' currency pairs and possibly some indexes and commodities in the future so there will be even more opportunities to make money with Fixedpips coming soon.
We will be offering existing Fixedpips service plan subscribers discounts on any additional markets we add to our service when the time comes, so if you are a Fixedpips website account holder or newsletter subscriber, keep an eye out for our special offer emails in the coming months!