What is the CMS Forex IB program?


CMS Forex’s IB program is an excellent way for individuals or corporations to enter the world’s largest financial market. The program allows Introducing Brokers to refer/introduce any party to CMS Forex, enabling that party to trade currencies on our advanced trading platform, VT Trader™ 2.0. IBs are compensated by CMS Forex relative to the amount of round turn lots traded by their introduced clients. In addition, CMS Forex will be responsible for all the expensive back office administrative supports and overheads involved in serving the introduced clients, leaving our IBs free to focus on building their client relationships.

CMS IB Program offers you a turn-key solution to enter the Forex business:

  • Competitive and flexible compensation package
  • IB coordinator dedicated to assist IB with marketing and operational issues
  • 24-hour customer, technical, and dealing support
  • Free tools and widgets available for use on your website
  • Demo and Live Account sign up through your own website
  • Trade and manage your clients’ accounts through Power of Attorney
  • Build your sub-IB network
  • Low start-up cost
  • Online password protected IB business report so you can manage your Forex business 24-hours a day at your own schedule
  • Informative weekly CMS Forex IB newsletter subscription
  • IB members only website
Your Clients will receive:
State-of-the-art technology:

  • Dynamic charts, featuring chart-based trading
  • Over 100 technical indicators
  • Integrated chart pattern recognition technology
  • Multi-lingual platform
  • Mobile trading on VT Mobile trader

  • Competitive Trading Terms
    • $200 minimum initial deposit
    • Trade mini and standard lots in one account
    • Competitive fixed spreads*
    • Fast, fair and reliable order execution
    • As high as 100:1 leverage†
    • Margin call policy
  • Well-rounded trading supports:
    • Educational and news resources including webinars, daily videos, and podcasts
    • 24-hour customer support, technical support, and dealing desk
    • Insightful market analysis and commentaries
    • Informative online video tutorials
    • Multiple account funding methods
    • FREE demo accounts for learning the plat

Extreme Web Technologies



Extreme Web Technologies believes in a client-oriented development strategy. Our concept of development revolves around engineering your visions and enabling you to tap into a diverse spectrum of web technologies to achieve your objectives. Incorporating a dedicated team of professionals with an unwavering will to accomplish, the secret of our motivation lies in our approach. At Extreme Web Technologies, every client is unique and every project yields a new set of challenges to be faced, no matter how complex or simple your requirements maybe. Unlike others, we work with you, and are present by your side on every stage of development. Our services include:








* Domain Name Services* Web Hosting & Reseller Hosting* SSL Certificates* Web Templates* Web Design & Development* Systems Development



Ex-biz Web hosting

The iDex7 EX-biz web hosting plan is our mid budget, affordable website hosting plan for small to medium sized enterprises.
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Forex Trading


So what is is Forex trading you may ask? Forex is the exchange you can buy and sell currencies. For example, you might buy British pounds (by exchanging them to the dollars you had), then, after pounds / dollar ratio goes up, you sell pounds and buy dollars again. At the end of this operation you are going to have more dollars, then you had at the beginning.

The Forex market has much higher liquidity, then the stock market, as much more money is being exchanged. Forex is spread between banks all over the planet and as a result it means 24 hour trading.

Unlike stocks, Forex trades are performed with high leverage, usually it is 100. It means that by investing $1000 you can control $100,000, and increase potential profits accordingly. Some brokers provide also so called mini-Forex, where the size of minimum deposit equals $100. It makes possible for individuals to enter this market easily.

The name convention. In Forex, the name of a "symbol" is composed of two parts — one for first currency, and another for the second currency. For example, the symbol usdjpy stands for US dollars (usd) to Japanese yen (jpy).

As with stocks, you can apply tools of the technical analysis to Forex charts. Trader's indexes can be optimized for Forex "symbols", allowing you to find winning strategy.

Example Forex transaction

Assume you have a trading account of $25,000 and you are trading with a 1% margin requirement. The current quote for EUR/USD is 1.3225/28 and you place a market order to buy 1 lot of 100,000 Euros at 1.3228, expecting the euro to rise against the dollar. At the same time you place a stop-loss order at 1.3178 representing a maximum loss of 2% of your account equity if the trade goes against you, 50 pips below your order price, and a limit order at 1.3378, 150 pips above your order price. For this trade, you are risking 50 pips to gain 150 pips, giving you a risk/reward ratio of 1 part risk to 3 parts reward. This means that you only need to be right one third of the time to remain profitable.

The notional value of this trade is $132,280 (100,000 * 1.3228). Your required margin deposit is 1% of the total, which is equal to $1322.80 ($132,280 * 0.01).

As you expected, the Euro strengthens against the dollar and your limit order is reached at 1.3378. The position is closed. Your total profit for this trade is $1500, each pip being worth $10.

by Richard Goldie

What is Forex?


FOREX - the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.

Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.

In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time.

Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.

Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day throughout the week between individuals with forex brokers, brokers with banks, and banks with banks. If the European session is ended the Asian session or US session will start, so all world currencies can be continually in trade. Traders can react to news when it breaks, rather than waiting for the market to open, as is the case with most other markets.

Average daily international foreign exchange trading volume was $1.9 trillion in April 2004 according to the BIS study.

Like any market there is a bid/offer spread (difference between buying price and selling price). On major currency crosses, the difference between the price at which a market maker will sell ("ask", or "offer") to a wholesale customer and the price at which the same market-maker will buy ("bid") from the same wholesale customer is minimal, usually only 1 or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So the bid/ask quote of EUR/USD might be 1.4238/1.4239.

This, of course, does not apply to retail customers. Most individual currency speculators will trade using a broker which will typically have a spread marked up to say 3-20 pips (so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their clients often huge amounts of margin, thereby facilitating clients spending more money on the bid/ask spread. The brokers are not regulated by the U.S. Securities and Exchange Commission (since they do not sell securities), so they are not bound by the same margin limits as stock brokerages. They do not typically charge margin interest, however since currency trades must be settled in 2 days, they will "resettle" open positions (again collecting the bid/ask spread).

Individual currency speculators can work during the day and trade in the evenings, taking advantage of the market's 24 hours long trading day.

Chicago, Illinois Personal Injury Lawyers


Our personal injury law firm is located in Chicago, Illinois. We have been dedicated to protecting injured victims and their families since 1931. Our attorneys handle personal injury claims caused by the negligence of individuals, corporations and other entities. Steinberg, Goodman & Kalish seeks fair and maximum compensation on behalf of our injured clients. The following is general personal injury information. To schedule your free consultation to discuss your specific situation, please fill out a contact form


Personal Injury - An Overview:-



Steinberg, Goodman & Kalish has the dedication and experience to successfully handle your personal injury claim. We help injured people obtain the justice and compensation they deserve.
Personal injury lawsuits are filed by people (or their representatives) injured due to the negligence of someone else. The injury may be either physical or emotional, and it can arise from a variety of sources or types of conduct. Some of the most common types of personal injury cases include slip and fall, automobile accidents, assaults and battery, medical malpractice, and product liability. In general, the goal of a personal injury action is to determine who was responsible and to compel the responsible party to compensate the injured person for the losses sustained. If you or someone you know has been injured by the careless actions of another, contact a personal injury attorney at Steinberg, Goodman & Kalish in Chicago, Illinois, at once to find out how we can help you preserve your rights.


Personal Injury Damages:-


Personal injury lawyers can help ensure that their clients receive the damages to which they are entitled by law. Some of the items for which injured parties are legally entitled to compensation include lost wages, past and future medical expenses, damages for both physical and emotional pain and suffering, and damages for disfigurement. Sometimes, a close family member of the injured person, such as his or her spouse, may also be entitled to damages. This award is often referred to as loss of consortium damages, which is intended to compensate the loved one for the loss of the injured or deceased person's services and companionship.
Other kinds of damages that may be awarded, depending on the laws of the state where the lawsuit is brought and the facts of the particular case, include hedonic damages, which are awarded to compensate the plaintiff for the loss of enjoyment of activities that he or she once valued but can no longer participate in as a result of the injuries suffered. In addition, punitive damages may be awarded when the defendant’s conduct was particularly egregious and the court or jury determines that the defendant should be punished by paying an amount above and beyond the plaintiff’s actual damages. Punitive damage awards may also serve to deter others from engaging in similar wrongful conduct.

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Insurance Auto


Vehicle insurance (also known as auto insurance, car insurance, or motor insurance) is insurance purchased for cars, trucks, and other vehicles. Its primary use is to provide protection against losses incurred as a result of traffic accidents and against liability that could be incurred in an accident

Public Policy:


In many jurisdictions it is compulsory to have vehicle insurance before using or keeping a motor vehicle on public roads. Most jurisdictions relate insurance to both the car and the driver, however the degree of each varies greatly.
A 1994 study by Jeremy Jackson and Roger Blackman[1] showed, consistent with the risk homeostasis theory, that increased accident costs caused large and significant reductions in accident frequencies

United Kingdom:


In 1930, the UK government introduced a law that required every person who used a vehicle on the road to have at least third party personal injury insurance. Today UK law is defined by the Road Traffic Act 1988, which was last modified in 1991. The Act requires that motorists either be insured, have a security, or have made a specified deposit (£500,000 as of 1991) with the Accountant General of the Supreme Court, against their liability for injuries to others (including passengers) and for damage to other persons' property resulting from use of a vehicle on a public road or in other public places.
The minimum level of insurance cover commonly available and which satisfies the requirement of the Act is called third party only insurance. The level of cover provided by Third party only insurance is basic but does exceed the requirements of the act.
Road Traffic Act Only Insurance is not the same as Third Party Only Insurance and is not often sold. It provides the very minimum cover to satisfy the requirements of the Act. For example Road Traffic Act Only Insurance has a limit of £1,000,000 for damage to third party property - third party only insurance typically has a greater limit for third party property damage.
It is an offence to drive a car, or allow others to drive it, without at least third party insurance whilst on the public highway (or public place Section 143(1)(a) RTA 1988 as amended 1991); however, no such legislation applies on private land.
Vehicles which are exempted by the act, from the requirement to be covered, include those owned by certain councils and local authorities, national park authorities, education authorities, police authorities, fire authorities, health service bodies and security services.
The insurance certificate or cover note issued by the insurance company constitutes legal evidence that the vehicle specified on the document is insured. The law says that an authorised person, such as the police, may require a driver to produce an insurance certificate for inspection. If the driver cannot show the document immediately on request, then the driver will usually be issued a HORT/1 with seven days, as of midnight of the date of issue, to take a valid insurance certificate (and usually other driving documents as well) to a police station of the driver's choice. Failure to produce an insurance certificate is an offence. The HORT/1 is commonly known - even by the issuing authorities when dealing with the public - as a "Producer".
Insurance is more expensive in Northern Ireland than in other parts of the UK.[vague][citation needed]
Most motorists in the UK are required to prominently display a vehicle licence (tax disc) on their vehicle when it is kept or driven on public roads. This helps to ensure that most people have adequate insurance on their vehicles because an insurance certificate must be produced when a disc is purchased[citation needed].
The Motor Insurers Bureau compensates the victims of road accidents caused by uninsured and untraced motorists. It also operates the Motor Insurance Database, which contains details of every insured vehicle in the country.

New york personal injury attorneys


The representation of individuals injured by negligence, medical malpractice or faulty products is one of the most challenging and rewarding specialties in the practice of law. We love what we do. This passion manifests itself in the dedication we bring to our clients and their cases. Our outstanding results, including numerous million dollar verdicts and settlements, speak for themselves.
Wingate, Russotti & Shapiro is a New York personal injury law firm. We only represent individuals who are injured through the medical malpractice; injured in workplace accidents or by faulty products, equipment or machinery; injured in construction accidents; automobile accidents; or through the negligent maintenance of property. The firm has achieved great success in these specialties which are all bound together by a common thread: an individual has suffered serious physical or emotional injury.

The representation of individuals injured by negligence, medical malpractice or faulty products is one of the most challenging and rewarding specialties in the practice of law. We love what we do. This passion manifests itself in the dedication we bring to our clients and their cases. Our outstanding results, including numerous million dollar verdicts and settlements, speak for themselves.
Wingate, Russotti & Shapiro is a New York personal injury law firm. We only represent individuals who are injured through the medical malpractice; injured in workplace accidents or by faulty products, equipment or machinery; injured in construction accidents; automobile accidents; or through the negligent maintenance of property. The firm has achieved great success in these specialties which are all bound together by a common thread: an individual has suffered serious physical or emotional injury.

Philip RussottiNamed Super Lawyer
Super Lawyers is a listing of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. For more information, click here.
What sets us apart from other NY personal injury firms is that we do not simply process a large volume of cases. We intentionally limit the number of cases we accept and assign to each attorney so that every client receives the personal and proper attention he or she deserves. We do not merely handle cases - we represent real people with real problems on an individual basis.
If you have been injured by the negligence of another and need assistance from an experienced and successful New York Personal Injury Lawyer, call our offices today for a free consultation.

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