Category Archives: Brokers

Automated Forex Trading Systems — The Good, The Bad and The Ugly

Automated Forex Trading Systems — The Good, The Bad and The Ugly

With the onset of the modern technological era the popularity of automated Forex trading systems has risen dramatically over the past two decades. As with most things however, this increased popularity has led to an increase in the number of people seeking to take advantage of it. Beginner Forex traders should make sure they know […]

The Best Forex Indicators To Use For Better Trading

The Best Forex Indicators To Use For Better Trading

Using the right forex indicators accounts for a huge part of successful forex trading. Even when a trader calls price action and trend correctly, he or she still has to nip in and out at just the right time to maximize their forex trading returns. In this article, we pour over a few key forex indicators […]

How to Choose Between Forex Brokers

How to Choose Between Forex Brokers

How to Choose a Forex Broker This article describes the characteristics of online forex brokers and how you can trade with them. Foreign exchange – also known as forex or fx – is the process of trading the currency of one country for the currency of another country. Forex is that largest exchange market in […]

A Brief Guide to Choosing the Best Forex Broker

A Brief Guide to Choosing the Best Forex Broker

A Brief Guide to Choosing the Best Forex Broker Tips to keep in mind when choosing the best forex broker. With over $3 trillion in daily volume, the foreign exchange market is undoubtedly the king of financial trading markets. It takes the stock exchange market six months to report the volume seen daily in this […]

The Difference Between A Fixed And A Floating Foreign Exchange Rate

The Difference Between A Fixed And A Floating Foreign Exchange Rate

The foreign exchange rate of a currency is the rate at which it can be exchanged for another currency. The government of an economy, or the central bank if it is independent from the government, can choose to peg its currency to another, or let the global market decide its value. A currency pegged to […]

Should Traders Use Discount Brokerages Such As Interactive Brokers?

Should Traders Use Discount Brokerages Such As Interactive Brokers?

As well as the standard brokerages that provide traders market access, there are also a number of discount brokerage companies. Discount brokerages, for example Interactive Brokers, are different from standard brokers in that they charge much lower fees, or commissions. Forex brokers mostly offer these lower fees in the form of tight spreads. How Do […]

Why To Trade the Forex News

Why To Trade the Forex News

To make money as simple as such. On a serious note, forex news is a very important part to the market because it has the potential to make the market move. When important news comes out, it is expected to see some major movements. As a forex trader your goal is to get on the […]

Effective Forex News Trading

Effective Forex News Trading

Forex news trading is a way to trade the forex market. Traders favour this strategy because it is very simple and effective. To become successful in trading news it is necessary to prepare for them. Almost half of the crucial news comes at the expected time. The news schedules are there in the forex calendar […]

Online Trading

Online Trading

Introduction Online trading as the name suggests is simply trading in stock market online. World wide web or as its called, the internet has completely changed how trading is done. Before internet trading in stock market was a game of rich people. They would call or meet their broker investing their money through the broker […]

Metatrader 4

Metatrader 4

Introduction Metatrader 4(MT4) is a forex trading platform launched in year 2005 by the company Metaquotes Software. This software allows a broker and a trader to trade in forex market, CFDs (contracts for differences) and futures contract through this single software. This software is free to use and can be downloaded directly from its website […]