You must register for the type of account that best suits the purpose of your Transactions. Your continued use of our service after the effective date of the amendment or modification will be deemed acceptance thereof. If I told you there was a foreign exchange forex trader who is smart, unemotional, logical, ever-vigilant for profitable trades and who executes trades almost instantly when the opportunity arises and then posts the profit to your account, wouldn't you want to hire this person right away? When initiating a Transaction, you will be asked to provide specific instructions concerning your Transaction, including but not limited to: OFX makes no representations or warranties regarding uninterrupted and continuous access to the Service or the times required to complete a particular transaction because such events are dependent on many factors outside of our control.
Automated forex trading software runs on a program that analyzes currency price charts and other market activity over multiple timeframes. The software identifies the signals – including spread discrepancies, price trends and news that may impact the market – to locate potentially profitable currency pair trades.
Need some help?
The amount of the Origination Fee will be deducted from the transfer amount before conversion. You should consult with your bank for information regarding those fees. To cancel a transaction, you must notify us within the minute timeframe by telephone at We will issue a refund within three 3 business days from the receipt of funds from your financial institution. If your Transaction is cancelled outside of the minute window, the Transaction will be reversed in accordance with Section 10 and you may incur losses.
Notwithstanding the above, residents of certain jurisdictions may have additional rights with respect to refunds and should review the following:. The following applies to transactions that are initiated by senders residing in California. You, the customer, are entitled to a refund of the money to be transmitted as the result of this agreement if OFX does not forward the money received from you within 10 days of the date of its receipt, or does not give instructions committing an equivalent amount of money to the person designated by you within 10 days of the date of the receipt of funds from you unless otherwise instructed by you.
If your instructions as to when the moneys shall be forwarded or transmitted are not complied with and the money has not yet been forwarded or transmitted, you have a right to a refund of your money. The following applies only to transaction that are initiated by senders residing in the State of Washington:. You, the customer, are entitled to a refund of all moneys received for transmittal within ten days of receipt of a written request for refund unless any of the following occurs:.
The moneys have been transmitted and delivered to the person designated by the customer prior to receipt of the written request for a refund;. Instructions have been given committing an equivalent amount of money to the person designated by the customer prior to receipt of a written request for a refund;. OFX or its authorized delegate has reason to believe that a crime has occurred, is occurring, or may potentially occur as a result of transmitting the money as requested by the customer or refunding the money as requested by the customer; or.
You must take care to ensure that the Instructions you provide for your Transaction are correct. If we process a Transaction in accordance with your Instructions, you acknowledge that we are not responsible for any mistake caused by your failure to provide accurate Instructions including delivery to the wrong account or delivery of the wrong amount.
You further acknowledge that we have no obligation to recover, reimburse or resend funds that are delivered to the wrong account as a result of your providing incorrect Instructions.
Notwithstanding the above, OFX will make reasonable efforts to assist you in recovering funds sent in error. If you think there has been an error or problem with your remittance transfer:. You must contact us within days of the date we promised to you that funds would be made available to the recipient. When you do, please tell us:. We will determine whether an error occurred within 90 days after you contact us and we will correct any error promptly.
We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of any documents we used in our investigation.
We may, without notice or warning, monitor or record telephone conversations you or anyone acting on your behalf conducts with OFX for quality control and training purposes or for our protection. You acknowledge that we have no obligation to retain or make available to you such recordings. OFX is a money transfer service and does not offer any form of margin or trading services or products.
Our Services are not intended to be used for speculative purposes. We will not enter into any type of set-off arrangement which would require settlement in the form of a payment of losses to us or pay out of profit to you as the result of an exchange rate movement. We will not take into account your specific financial circumstances or needs when you enter into a Transaction with us and we will not disperse any advice as to the suitability of any Transaction for you.
To the extent that we provide any information, it will relate only to the mechanics of your Transaction or to publicly available information which should not be construed as financial or investment advice. You should obtain independent financial advice with respect to whether a particular Transaction is appropriate for your particular circumstances. You are solely responsible for determining the type and timing of all Transactions you conduct.
You may not use this Service in connection with any illegal conduct or for certain activities which we deem inappropriate or unsuitable.
You may not act as an aggregator or intermediary on behalf of any third party for the transfer or processing of funds for a third party.
For a complete list of prohibited services, please review our Acceptable Use Policy. We may delay, suspend or reject a transaction or may refuse to provide our Services to you in the future for any reason, including without limitation if we suspect the transaction would subject us to financial or security risk or is unauthorized, fraudulent or would constitute a violation of this Agreement.
We may offer software applications that are intended to be operated in connection with products made commercially available by Apple Inc. We may terminate this Agreement and close your account for any reason at any time upon notice to you. We will not be liable to you for compensation, reimbursement of damages of any kind that arise out of termination or suspension of the Service.
As an online service, most of our communications with you including but not limited to transaction receipts or confirmations, annual or periodic notices, updates to agreements and disclosures will be provided to you in electronic format, unless otherwise required by applicable law. We will provide these communications to you by posting them on the OFX website or by emailing them to you at the address listed in your profile.
You agree and consent to receive such communications in electronic format. You further agree that such electronic communications have the same meaning and effect as if we had provided you with a paper copy.
You may withdrawal your consent to receive all communications in electronically, but if you do so you will no longer be able to use our Services. For full details on electronic receipt of communications, including system requirements please see our e-Sign Consent Agreement.
You further acknowledge that your electronic signature is the legal equivalent of your manual signature. If you fail to provide your acceptance of this Agreement, you cannot open an account with us or otherwise use our Services.
You acknowledge that we do not have any obligation to contest or appeal any Legal Process involving you. OFX is not liable for any losses, whether direct or indirect, that you may incur in relation to our response or compliance with a Legal Process. OFX makes no representations or warranties regarding uninterrupted and continuous access to the Service or the times required to complete a particular transaction because such events are dependent on many factors outside of our control.
Some jurisdictions do not allow the disclaimer of implied warranties, so the foregoing disclaimer may not apply to you.
We make every effort to processing transactions in a timely manner, but we make no representations or warranties regarding the time it takes to complete processing because our Services are dependent upon many factors outside of our control.
Any dispute or claim arising out of this Agreement or related to our Services shall be governed by and construed under the laws of the State of California, without regard to its conflicts of law provisions. Both you and OFX submit to the personal jurisdiction of the courts located within the county of San Francisco, California for the purpose of litigating such claims or disputes. We are not liable for any failure or delay in processing or other nonperformance caused by telecommunications or utility failures, equipment failures, labor strife, riots, war, terrorist act, fire or other acts of nature or any event over which we have no reasonable control.
This Agreement and all policies and agreements incorporated by reference constitute the entire agreement between you and OFX for the provision of Services. Except where expressly stated otherwise, the Agreement will supersede any prior agreements between you and OFX.
The failure of OFX to exercise or enforce any right or provision of this Agreement shall not constitute a waiver of our right to enforce the same right or provision on a future date. If any provision of this Agreement is found to be illegal or unenforceable, that provision will be limited to the minimum extent necessary so that this Agreement will otherwise remain in full force and effect.
We may amend this Agreement from time-to-time by posting a revised version on our website. Such modifications will become effective upon the earlier of posting to our website or otherwise communicating the changes.
Your continued use of our service after the effective date of the amendment or modification will be deemed acceptance thereof. If you do not agree with any modification, your sole remedy is to terminate your account with us. If you have questions about this Agreement or wish to provide feedback for us to consider, please contact us at info ofx.
You are using Internet Explorer 10 and you are going to be redirected to a page that does not support Internet Explorer You will need to change you browser's compatibility mode as per the following link. Home Our Services Money Transfers Send money overseas with ease and use our special "limit orders" to get the best exchange rates.
Forward Contracts Save a great exchange rate for the future and protect yourself from forex instability. Foreign Exchange for Business If you make transactions invloving foreign currency, you will save money by using USForex. Global Payment Solutions Integrated and custom solutions for your business. Mobile App Book and track your international money transfers all from the palm of your hand!
Customer Rates Check our exchange rates for customers. Currency Converter Free online currency conversion for over 50 currencies. My FX Dashboard Compare up to five pairs of currency exchange rates.
Historical Rates Check out seasonal patterns, long term charts, raw data, period average exchange rates and much more. Spot Exchange Rates View up to date spot exchange rates and charts for major currency pairs. Daily Commentary Get daily, in-depth currency analysis from our senior dealers.
Weekly Market Watch Weekly currency news recap and outlook on the week ahead. How-to Video Watch this short video and see how easy it is to send money overseas. Testimonials What our customers have to say about us. Legal Detailed info about our regulatory and legal environment. Contact Us Contact us 24 hours a day, 5 days a week. Media Center Visit our Media Center to read published articles and press releases.
Security How we protect you and how to protect yourself. Global Contact Search Search. You need to have cookies enabled in your browser to access the secure pages of the OFX site.
You can enable cookies in the browser settings. Login for Money Transfers Username: Transfer with us anytime. Our Service Our Service allows our customers to convert and transfer funds around the world.
Eligibility In order to access or use our Services, you must reside in the United States and be at least eighteen 18 years old. Types of Accounts We offer two types of accounts: Personal Accounts Personal accounts are intended only to be used for transactions related to personal, family or household purposes.
Business Accounts Business accounts should be used when you are conducting Transactions for commercial purposes such as the sale of goods and services. Account Management You are responsible for safeguarding your log-in credentials. Verification To help the government fight the funding of terrorism and money laundering activity, federal law requires that we obtain, verify and record certain information about you. Accessing our Service You can book a Transaction through our website www.
Booking Transactions When initiating a Transaction, you will be asked to provide specific instructions concerning your Transaction, including but not limited to: Payment You must ensure that we receive full payment for the Transaction amount within two 2 business days from the date the Transaction was booked. Bank Transfer If you choose to pay for your Transaction by bank wire transfer, you must transfer funds to our specified bank account immediately upon receiving the Confirmation.
ACH Debit In order to fund your transfer by direct debit from your bank account, you must either complete an ACH Authorization Form and return the signed form to us or link your bank account by clicking here. Default for Non-Payment We may deem you in default of this Agreement if you fail to make full payment for any Transaction when due or your payment by ACH direct debit bounces, is returned unpaid or otherwise is dishonored and no alternate form of payment is received by us.
Reversals We reserve the right to reverse any Transaction that is deemed in default without notice to you. Right of Set-Off You agree to pay all amounts owed to us on demand. Changes Subject to your cancellation rights set forth in Section 15, once you book a Forward Contract, it cannot be canceled. Assumption of Risk Due to the volatile nature of the foreign currency exchange market, the value of the currency sold by you may be less favorable on the Settlement Date than its value upon booking the Forward Contract due to the strengthening or weakening of the exchange rate during the period covered by the Forward Contract.
Regulatory Reporting In accordance with U. Notwithstanding the above, residents of certain jurisdictions may have additional rights with respect to refunds and should review the following: The following applies only to transaction that are initiated by senders residing in the State of Washington: You, the customer, are entitled to a refund of all moneys received for transmittal within ten days of receipt of a written request for refund unless any of the following occurs: The moneys have been transmitted and delivered to the person designated by the customer prior to receipt of the written request for a refund; ii.
Instructions have been given committing an equivalent amount of money to the person designated by the customer prior to receipt of a written request for a refund; iii. OFX or its authorized delegate has reason to believe that a crime has occurred, is occurring, or may potentially occur as a result of transmitting the money as requested by the customer or refunding the money as requested by the customer; or iv. OFX is otherwise barred by law from making a refund.
Errors You must take care to ensure that the Instructions you provide for your Transaction are correct. If you think there has been an error or problem with your remittance transfer: When you do, please tell us: Recording Telephone Calls We may, without notice or warning, monitor or record telephone conversations you or anyone acting on your behalf conducts with OFX for quality control and training purposes or for our protection.
No Margin or Speculative Trading OFX is a money transfer service and does not offer any form of margin or trading services or products. No Advice or Recommendations We will not take into account your specific financial circumstances or needs when you enter into a Transaction with us and we will not disperse any advice as to the suitability of any Transaction for you.
Your license to use the Apple-enabled Software is limited to a non-transferable license to use the Apple-Enabled Software on an iOS product that you own or control, as permitted by the Usage Rules set forth in the App Store Terms of Service. Apple is not responsible for any product warranties, whether express or implied by law. In the event of any failure of the Apple-Enabled Software to conform to any applicable warranty, you may notify Apple, and Apple will refund the purchase price for the Apple-Enabled Software to you, if any; and, to the maximum extent permitted by applicable law, Apple will have no other warranty obligation whatsoever with respect to the Apple-Enabled Software, or any other claims, losses, liabilities, damages, costs or expenses attributable to any failure to conform to any warranty, which will be OFX's sole responsibility, to the extent it cannot be disclaimed under applicable law.
In the event of any third party claim that the Apple-Enabled Software or the end-user's possession and use of that Apple-Enabled Software infringes that third party's intellectual property rights, as between OFX and Apple, OFX, not Apple, will be solely responsible for the investigation, defense, settlement and discharge of any such intellectual property infringement claim. Well, with automated forex trading software, you can have all of those qualities and more. Also known as algorithmic trading , black-box trading, robo or robot trading , automated forex trading programs offer many advantages.
It is designed to function without the presence of the trader by scanning the market for profitable currency trades, using either pre-set parameters or parameters programmed into the system by the user.
In other words, with automated software, you can turn on your computer, activate the program and walk away while the software does the trading for you. Automated forex trading software runs on a program that analyzes currency price charts and other market activity over multiple timeframes.
For example, if a software program using criteria the user sets identifies a currency pair trade that satisfies the predetermined parameters for profitability, it broadcasts a buy or sell alert and automatically makes the trade.
A major advantage of automated forex trading software is the elimination of emotional and psychological influences determining your trading decisions in favor of a cold, logical approach to the market. Beginner and even experienced traders may sometimes make a trade based on some psychological trigger that defies the logic of market conditions. With automated trading , such all-too-human lapses of judgment just don't occur.
That's because automated software is intended to make your trading decisions unemotional and consistent, using the parameters you've pre-established or the settings you've pre-installed. For currency speculators who do not make trades based on interest rates but rather on currency spreads, automated software can be very effective because price discrepancies are immediately apparent, the information is instantly read by the trading system and a trade is executed.
Other market elements may also automatically trigger buy or sell alerts, such as moving average crossovers , chart configurations such as triple tops or bottoms, other indicators of resistance or support levels or potential topside or bottom breakthroughs that indicate a trade signal. An automated software program also allows traders to manage multiple accounts simultaneously, an advantage not easily available to manual traders on a single computer.
Serious traders can also benefit from automated software, as their other interests, obligations or occupations may not afford them the time they need to study markets, analyze charts or watch for events that affect currency prices. That means that night or day, around the clock, the program is at work and needs no human, hands-on supervisor. Of the numerous automated forex trading programs offered on the market, many are excellent, even more are good but are not comprehensive in their features and benefits, and a few are less than adequate.
In some cases, software providers will provide authenticated trading history results to demonstrate the efficacy of the programs they're selling. Below, we've outlined a few of the key selection criteria for traders considering automated programs. Automated trading systems vary in speed, performance, programmability and ease of use. Therefore, what serves one trader well may not be acceptable to another.
For instance, some traders will want a program that generates reports, or imposes stops, trailing stops and other specific market orders. Real-time monitoring is also a "must-have" item in any automated system. Other traders, especially beginners and the less experienced, may want a simpler "plug and play" type of program with a set-and-forget feature. Remote access is also essential if you're a frequent traveler or intend to be away from your computer for an extended period.
A web-based program may be the most useful and practical means of serving the needs of a roaming trader, as they're guaranteed to function with a basic WiFi signal. The service provides extremely fast access, isolates the system for security purposes and offers tech support. Fee transparency is a key quality to look for in providers, as some firms charge trading commissions and additional fees , which can draw down your profitability, so check the fine print in your user contract.
Firms may also offer programs with return guarantees after purchase and during a specified period of time. Therefore, if the user decides the program is unsatisfactory, those firms will allow you to return it for a refund. It's also worthwhile to check out online customer reviews of many of these programs for an additional viewpoint on their virtues and flaws. Some programs offer a free trial period or other incentives to buy, while other vendors provide a free demonstration to familiarize the user with the program.
We optimize & create only the highest quality Metatrader 4 indicators, Systems & more. Download our content for free & unlock your true trading potential.5/5(10). May 09, · Simple indicator BBflat_sw. - Free download of the 'BBflat_sw' indicator by 'Scriptor' for MetaTrader 4 in the MQL5 Code Base/5(3). Forex Factory is for professional foreign-exchange traders. Its mission is to keep traders connected to the markets, and to each other, in ways .