Forex Market is globally the biggest foreign currency market for trading. Forex trading helps buyers and sellers to purchase the currency that is required for their company and sellers who have already purchased and earned some currency, get the opportunity to exchange what they own for something more convenient. Forex is dominated by the largest banks of the world and as per The Wall Street […]
Almost all Forex brokers suggesting a demo account because the account is giving you the ability to test their platform and practice trading on virtual money. One of the most important tips for people who would like to start trading Forex is to start with a demo forex account and practice trading on virtual money. You need to take into demo online account because Forex […]
Forex Bonus is a term which any starting or experienced trader must be familiar with. Offered by brokers, this lucrative bonus can give trader head start by acquiring extra funds. Before delving too deep into Forex, however, we need to understand a bit about Forex itself. What is Forex? Forex is a foreign exchange currency trading market, also known as FX. It is the biggest […]
Forex or foreign exchange trading is trading in the currency market. While high leverage is generally not preferred in other forms of trading due to the high risk involved, it is the industry standard in forex trading. It is a global market where instead of trading stocks, the currency is bought and sold. In very simple terms you buy one currency and when its value […]
Forex, the Foreign Exchange Market, is a worldwide market for buying and selling foreign currencies. The major currencies that are traded include the U.S. Dollar (USD), Euro (EUR), British Pound (GBP), Canadian Dollar (CAD), Australian Dollar (AUD), Japanese Yen (JPY), and the Swiss Franc (CHF). The purpose of this article is not to go into the details of how Forex works, but to compare the […]
Forex trading has entered the home and lives of many people around the world, both men and women; all of them coming from many walks of life. Being this a relatively new phenomenon in the department of alternative income opportunities. It was only about ten years ago that the Forex market moved into our homes. And this was made possible only thanks to the invention […]
What are you really selling or buying in the currency market? The short answer is nothing. The retail FX market is purely a speculative market. No physical exchange of currencies ever takes place. All trades exist simply as computer entries and are netted out depending on market price. For dollar-denominated accounts, all profits or losses are calculated in dollars and recorded as such on the […]
With the amazing growth of the forex market, you are going to see an astounding amount of traders lose all their money. Unfortunately, they haven’t followed the simple steps I have laid out for you. Go through these steps and give yourself the greatest opportunity to achieve your goals. 1. Have Faith In Yourself To reach the level of an elite forex trader, you must […]