Thursday, April 8, 2010

How to Use a Forex Demo Account

Forex traders and investors are using Forex Demo Account method to decide if forex trading is appropriate for them. A demo account allows concerned people to go online and see how an account will work without any risk of investment and money. Investors can have money in their account and buy or sell in the same way will be done in truth. The software used is very accurate, and most people can see at the end of the day, if they lose or gain money transaction the same as the truth. Investors have a margin account with ten thousand dollars in it. We see the current markets and believes that the dollar will rise against the yen. It enables us to buy the ten to one margin, so we buy (in the program) one hundred thousand dollars and sells one hundred thousand dollars of dollars of yen. A demo account allows one always safer to learn how to do things without the risk of this kind of money actually.

Forex demo account is also a valuable tool for those who want to improve and learn forex trading strategies without risking any money. It is an important step on the road to forex profits. We can make each trade as the real. Forex demo account is an excellent tool for learning money management. For that, there are some important things to keep in mind, about forex account namely :

1. It is usually provided free of charge to potential clients by forex brokers. Account does not contain the funds but the actual "virtual funds".

2. It is very valuable for beginners to the investment world. Having forex demo account we learn to invest perfectly.

3. The best way to practice technical analysis is by using it. There are only small differences between technical analysis and the real account on the demo stage, and we can learn a lot.

4. It is important to learn about many aspects of software, forex trading systems and more.

Free demo forex account we can use for training purposes at any time without obligation. We must have an account forex demo, we have to go through the easy registration by doing the following: start dealingdesk-2000tm, go register for the demo, in which we are asked to indicate the log-in name and password which we will use to access to dealingdesk -2000tm during the demo period. In the same way as the general forex demo, free account also competitive. But this way you will have one more advantage - participation in the competition that will provide the opportunity to win real money to your account in forex.

Forex Demo Accounts

Forex demo accounts are virtual trading accounts that give a better grip on the knowledge of online Forex trading. These accounts can be accessed using all types of computers and operating systems, and even through mobiles and laptops. Forex demo account is complete software that gives real experience of online trading, which includes real forex rates, forex commentary, news, professional charts and forex tools. These tools consist of PIP calculator, World clock, forex IQ, currency converters and forex education.

Forex online trading is a mental game of selling or buying a currency. Forex demo account simply work like a real account. It gives a brief idea on how the market moves over time. This account will help you in buying or selling orders, managing stop loss and tap profits, and limits as well as functionality.

Getting started with Forex demo account:

Installing software - Many Forex trading web sites offer free demo software. You can access one such web site and download the software.

Open a trading account -After registering on the web site, you receive the username and password through e-mail. The site will also give you systematic instruction on usage of the demo account software.

Dealing rate window - After the registration process, you can access the dealing rate windows that contain information on exchange rate of every currency pair. Every currency is defined in three-letter abbreviation. The forex accounts offered by the web site list the latest trends followed by the currency.

Sell and buy - The currency window contains five digit numbers on the side of currency pair. The first currency in every pair is the base currency. These digits are buying and selling rates. Online trading, generally, is selling base currency for buying secondary currency. If you are new to online trading, then forex demo accounts are crucial for understanding the buy and sell rates that are basic of online trading.

High and low - Next to currency rates are high and low rates that represent bid and ask rates. Bid rates are offers for purchase of currency and ask rates are offers to sell the currency. If you are interested in buying a currency, place bid rate and if you want to sell a currency, then place ask rate. Forex demo account is the best way to learn the technique of Bid/Ask rates.

Stop loss and limit - With the help of forex account you can prevent losses by stop loss option, which is required if exchange rate falls more than pre-specified level. Limit order option helps in locking the profits if the exchange rates hit the desired rate.

Wednesday, April 7, 2010

Perth domain company cries foul over banned Pamela Anderson ads

Perth-based Internet domain name hosting company, Crazy Domains, is fighting against a ban placed on its TV commercial featuring ex-Baywatch bombshell, Pamela Anderson.
The clip starts off with Anderson heading to a meeting in corporate attire and leads on to an office worker fantasising about the Canadian actress clad in a bikini, salaciously rubbing cream on herself and a female co-worker. It began airing on TV in December 2009 during mature viewing time – after 8.30pm – but was taken off last month.
The Australian Standards Bureau (ASB) slapped a ban on the ad after receiving more than 15 viewer complaints. At least two-thirds of these were filed by women. A sample comment on the ASB’s case report claimed the commercial was “misogynistic” and irrelevant to the product on offer.
“It is all about sex [and has] nothing to do with domains, unless it’s to start a porn site,” it stated. Another comment said the ad “belittles women in the workforce and portrays them as sexual property”.
Crazy Domains is fighting the accusations and called in its legal team to defend its right to show the commercial. The company is now going through the appeals process and hopes to overturn the decision.
Managing director, Gavin Collins, alleged the ASB was not treating Crazy Domains judiciously and pointed to risqué ads from Coca Cola and deodorant manufacturer, Lynx, which all received similar complaints but were not taken off-air.
“The ASB is treating us differently under the same code of ethics as it did for the multinational likes of Coca Cola and Lynx and that just doesn’t seem fair,” he said. “I believe it is trying to set a precedent here with regards to supposed objectification of women but it is going about it the wrong way and punishing us for something that should have been done before.”
All the controversy has not put a dampener on Crazy Domains’ plans to release more commercials featuring Anderson. The second video, dubbed ‘Pure Cream’, is still in production, although Collins was uncertain whether it would now release it on television.
“We’re getting a lot of publicity on the Internet over this and our YouTube counter has gone gangbusters,” he said.

Web Host Codero Completes SAS 70 Type I Audit

WEB HOST INDUSTRY REVIEW) -- Web hosting provider and data center operator Codero ( announced on Thursday it has completed its first Statement on Auditing Standards No. 70 audit, following a detailed, independent assessment of internal controls for company-wide policies and procedures.
SAS 70 Type I certification evaluates the current state of a service provider's control environment and effectiveness in meeting control objectives.
The process evaluates the areas of operations and control environment, monitoring and risk assessment, information systems and general computer controls, control of access to computer programs and security of data, control of new development and changes to existing programs and systems, and user responsibilities.
SAS 70 is a widely recognized auditing standard developed by the American Institute of Certified Public Accountants.
A Type I service auditor's report provides a description of controls at a specific point in time, whereas a Type II report includes the service organization's description of controls as well as detailed testing of its controls over a minimum six-month period.
New York Internet Company also recently completed a SAS 70 Type I audit for its data center in New Jersey.
"Completing SAS 70 Type I certification has been an important process for Codero to undertake," says Shawn Hashmi, director of operations at Codero. "In light of Sarbanes-Oxley and a growing number of state privacy laws and rulings, the audit allows us to be very transparent with customers in demonstrating that we utilize a sound system of internal controls."
With the SAS 70 Type I audit now completed, Codero is pursuing SAS 70 Type II certification for its data center and corporate-wide operations, which it aims to completed by July 31.
The auditing services for the SAS 70 Type I report were provided by accounting firm Mayer Hoffman McCann P.C. through a strategic association with CBIZ.Â
More details about the SAS 70 audit's control objectives and activities within Codero's Phoenix data center and Overland Park, Kansas corporate headquarters can be found at the Codero website.