Practice Competition

Practice Competition

Sigma Forex Ultimate Forex Monthly Champion

Interested clients who wish to take part in this competition shall send a request via email at

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Attached with the following information:

• Full name
• Phone number
• Current valid passport or government issued photo ID

It begins at the beginning of each month.

After receiving your request we will provide you with further details and with your Practice account login information which will be used in the trading contest.

Also you have to download Sigma Forex Platform to login with the account number and password after receiving them.

Download Sigma Forex Platform

Market Analysis

Market Analysis

In FOREX Market the news divided in two categories; technical news & fundamental news, after collecting the data about this news you have to distinguish between the previous news, forecasted (predicted) news & Actual news.

Then you will see a war between the bull (raise in prices) & bear (declination in prices) that cause fluctuations in prices according to the demand & supply between traders & brokers.

(1) Fundamental Analysis

(2) Technical Analysis

Chart Patterns - The Basics

Chart Patterns - The Basics

To be profitable in today's world technology and advancement, one must be proficient and reading and more importantly understanding chart patterns and basic technical indicators. Below are just a few basic points to help your understanding of technical analysis and currency chart reading.

Superior Liquidity

Superior Liquidity

With a daily trading volume that is 50 xs larger than the New York Stock Exchange, there are always broker/dealers willing to buy or sell currencies in the FX markets. The liquidity of this market, especially that of the major currencies, helps ensure price stability. Traders can almost always open or close a position at a fair market price. Because of the lower trade volume, investors in the stock market are more vulnerable to liquidity risk, which results in a wider dealing spread or larger price movements in response to any relatively large transaction.