Cодержание
Past performance is not indicative of future results. This strategy is also based on the fact that the market is searching for liquidity. Where the most traded volume is there can be the most liquidity in the limited order book. You will see that the market often spends time in the value area. It is because the price is seen as a fair price by most traders. In the value area, there is 70 percent of the traded volume.
We would recommend consulting the broker’s customer service team for more information or utilising the paper trading account beforehand. For using the Volume Profile correctly you have to trade and analyze the future contract of currencies (example 6E for EURO/USD future). By using the Volume Profile with the MetaTrader you will not get the right data of the volume. From our experience, it is useless to trade with the MetaTrader and analyze the volume.
In addition, Moomoo facilitates superior trading analytics via profit & loss diagrams, powerful drawing tools, and asset ranking statistics. Educational information can be accessed via the help centre. This includes financial analysis, a stock academy, calculation tools, technical analysis, and a tutorial on how to calculate the cost basis of positions.
Average processing times are up to five business days. In our Forex Broker Review you will find license check as most volatile currency pairs 2020 well. We also use different external services like Google Webfonts, Google Maps, and external Video providers.
The exact promotions on offer vary throughout the year. Check the broker’s website for the latest news on upcoming incentives. The maximum withdrawal amount is $10,000, however, traders can initiate several transactions.
Is Moomoo Regulated?
70 percent of the traded volume is shown in an area. You can develop different strategies which we will show you in the next sections. Yes, Moomoo is regulated with a credible authority – the SEC and provides a user-friendly trading platform. Investor protection is offered by SIPC, up to a maximum of $500,000, including a $250,000 limit for cash in the case of business insolvency. The Moomoo trading platform assures high-tech encryptions and industry-standard data privacy. However, there is only one-step login for mobile and desktop platform access.
Often it is a range market and the price will trade from value area high to value area low. By using any strategy you can analyze the market fxtm review trend very easily with the Volume Profile. Traders can focus on the volume area and search for a volume area shift or inside day.
Overall though, we believe Moomoo is a strong contender. A lot of traders are asking if you can use the Volume Profile for trading forex for example with the trading platform MetaTrader 4 or 5. First of all, it is possible to use the Volume Profile for trading forex but you need the real data of the stock exchange . There is a difference between the futures market and the currency spot market of banks. Forex trading by using the MetaTrader gives you up to 99% access to the bank’s spot market of currencies.
Moomoo does not charge a withdrawal fee for ACH transfers, however, bank wires do incur a $25 fee, plus any bank charges. Withdrawals via bank wire transfer are only available in USD. Clients must use the currency exchange on the platform to convert before withdrawing. You can search for entries outside the value area and search for reversals. If the market does not want to trade the market will search for new prices. It means that you will see the next value area is created in the value area of yesterday.
Can The Volume Profile Used For Forex?
The point of control shows you the most traded volume. For example, you can mark the most traded volume of the day and the last days. The market will often test this area because it is a fair price. Swing trading A fair price meant that a lot of traders want to buy or sell at this price. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors.
For a more detailed look into the Volume Profile, our book will help you to become a successful trader. The most volume is traded lower or higher than yesterday’s. It indicates buyers or sellers who want to trade new prices. The value area contains the value area high and the value area low. It is similar to the VPOC but it is an area not only a price. The most popular setting is a 70 percent to 30 percent setting.
- Average processing times are up to five business days.
- In Singapore, Futu Singapore Pte Ltd, the Moomoo subsidiary, is a registered capital markets license holder with the Monetary Authority of Singapore .
- Remember, you will always need a seller and buyer to match in order to trade.
- Yes, Moomoo is regulated and authorised by the US Securities and Exchange Commission and the Financial Industry Regulatory Authority in the US.
- Educational information can be accessed via the help centre.
- It is not the real data because the brokers do not provide it.
Instant buying power is available interest-free on US stocks and IPOs. This provides every trader with a $1,000 limit, which can be increased to $2,000 if there are adequate assets in your account. Instant buying power is available as soon as your deposit clears or within 7 days of the initial grant.
Trading Conditions
Despite this, ‘Moomoo Token’ can be enabled to provide an additional layer of security. This is a separate app that can be downloaded from any app store. It provides dynamic password verification, creating a new 6-digit code every 30 seconds for monetary transfers. Here we made aselection of Top Forex Brokers by category with some of the best-offered trading conditions and transparent conditions. Security of funds is always first in Forex trading, for that reason, we recall your attention to open an account with Regulated Brokers only.
Moomoo does not have a minimum deposit requirement, which is ideal for new traders. Account funding currencies include USD, HKD, and CNH. The Volume Profile is one of the best tools for any order flow and volume trader. In addition, it can be an indicator for the next day that the trend will continue.
Exinity – Exinity provides flexible low-cost trading in FX, commodities, indices and equities alongside unique education and support provided by teams located across the world. Another important setting is the “custom proportion”. The size of the volume bars is depending on the traded volume.
Moomoo Inc is a subsidiary of Futu Holdings Ltd and was established in March 2018. The broker’s mission is to provide investors with an intuitive and powerful investment platform backed by innovative technology. Primarily aimed at US and Chinese investors, Moomoo is regulated and authorised by the US Securities and Exchange Commission and the Financial Industry Regulatory Credit default swap Authority . In Singapore, the service is regulated by the Monetary Authority of Singapore . Trading via the Forex Broker you may access trading without financial or dealer license. Moreover, there are hundreds of opportunities with a relatively small investment that allows you to trade Forex, do technical analysis and analyze markets almost instantly.
Live Accounts
Biometric or 2 step-login authentication would be more secure given the broker prides itself on its technology. The FAQ help centre on the Moomoo website is a great place to find answers to common questions. It includes a user Credit note guide on how to withdraw funds, options fees, and various trading strategies. There are also self-help guides to help you resolve issues, such as how to unlock trades or understand the reasons for being unable to withdraw.
Volume Profile Trading Strategies
To analyze the value area and volume is very important to get a big overview of the chart and possible trends. We recommend extending the value area of yesterday to see important price areas where the market will react maybe. If you are looking for alternatives to Moomoo we have compiled a list liteforex demo of the top 5 brokers that are similar to Moomoo below. This list of brokers like Moomoo is in order of similarity and only includes companies that accept traders from your location. There are frequent prize draws for new account holders, sign-up bonuses, welcome bundles, and no deposit bonuses.
It is not the real data because the brokers do not provide it. On this page, we recommend the future contract broker Dorman Trading. The broker was founded in 1956 and is based in the United States of America where it is a regulated company. You can connect your trading account to ATAS and start trading on the software with future contracts.
Demo Account
Most of the time the market wants to come back to the VPOC because the price is fair and a lot of traders want to buy or sell. For this strategy, you can mark the VPOC from yesterday and wait for the first touch. Moomoo offers retail clients just one account option, the Individual Margin Account. There is no minimum deposit requirement and no option for a joint account.