Is forex trading expensive? Is forex trading worth it? It depends on the trader, but does it have to be? Pros & Cons of Forex Thanks to the miracle of modern technology, forex is more accessible to ordinary people that it had ever been in the past. Whereas at one point in time only...
What is Forex? First of all, we need to explain few things, like what is forex trading and how does it work. In order to eliminate all the confusion! The word stands for “Foreign Exchange”, and believe it or not, it has been here for a while. Back in the day, major banks, co...
IG is a large Forex andCFD Brokerwith a worldwide presence and powerful trading technology. Founded in 1974 as a pioneer company of its kind IG, formally known as IG Markets Ltd,IG has been at the industry forefront andactually built the concept of financial spread bettingthat introduced onlin...
XTB is a trusted UK and European market-leading brokerage providing online trade solutions, through its headquarters in Poland and London (UK). XTB broker was the first firm to introduce Forex trading in Poland and has now become one of the largest stock exchange companies. XTB was first estab...
Is It Safe to Do Forex Trading? Any investment involves some degree of risk. Forex trading can be risky if you use a significant amount of leverage. With leverage, it is possible to lose your entire investment and more if you’re not careful. Because of this, you should do your research...
Is XM.com a legit forex broker? Is it safe to trade CFD, Commodities and gold with XM? Read this review before signing up!
In forex a Lot defines the trade size, or the number of currency units to be bought or sold in a trade. One Standard Lot is 100,000 units of the base currency. Most brokers allow trading with fractional lot sizes down to .01 or even less. Fractional lot sizes are sometimes referred...
What types of spreads are in forex? The type of spreads that you’ll see on a trading platform depends on the forex broker and how they make money. There are two types of spreads: Fixed Variable(also known as “floating”) Fixed spreads are usually offered by brokers that operate as a...
lots than with the standard lot, limiting risk and potential returns.2Professional traders commonly choose standard lots. Mini lots are used by intermediate traders with less trading capital. Micro and nano lots are used by beginners who want to experiment in forex markets without risking much ...
In reality, many new forex traders fail simply because they don’t have atested strategyand don’t stick to atrading plan. They often make impulsive and irrational decisions that more experienced traders can take advantage of. Frustrated and down on money, it is easy to seek someone else to...