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How to Choose a Broker

Forex trading is extremely popular nowadays. With over $5 trillion traded globally, Forex trading is considered as the world’s largest financial market. The market which was once accessible to large institution and wealthy people only, can now be accessed by average traders as well due to the emergence of the internet. As a consequence, the amount of Forex brokers on the market has considerably increased. Today, you will learn about the different factors that you need to consider before choosing a broker. But first, you have to understand what a …

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[23 Mar 2018 | Comments Off on How Forex Trading Makes a Difference to your Finances | ]
How Forex Trading Makes a Difference to your Finances

Forex trading or FX trading is one way you can improve your financial situation but as with any form of trading, you have to know how to operate the system in order to maximise profits and minimise losses. With Forex trading, where you buy and sell two currencies at the same time, you are trading in a highly liquid market that you can access at any time, where the potential for gain is great. But you need to know what you are doing. Here’s how Forex trading stands out and …

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[21 Feb 2018 | Comments Off on Should You Follow Other Peoples Trading Signals | ]
Should You Follow Other Peoples Trading Signals

Everyday people work hard to secure their financial freedom. They are always looking for alternative source of income to make their life better. After doing extensive research most people start to trade the market. If you can truly master the art of trading it will be really easy for you to make a consistent profit. Making money in the online trading industry is an art. You need to consider trading as your business to make a consistent profit. If you try to become rich quick within a very short period …

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[18 Feb 2018 | Comments Off on Six Steps to Success in Forex Trading | ]
Six Steps to Success in Forex Trading

What is the right Forex trading strategy to achieve a long-term profit? Is it even possible or is Forex just a scam? There are a few steps to follow to become a successful Forex trader.
1.  Understand the basic terminology
First of all you need to understand what is a bid and an ask price, because these two prices combined create so called forex quotes.
The Bid Price is the price the broker is willing to pay for the base currency (e.g., EUR) in exchange for the quote currency (e.g., USD). In other …

Forex, Headline, Investing »

[20 Jan 2018 | Comments Off on 4 Essential Things That Every Trader Should Learn | ]
4 Essential Things That Every Trader Should Learn

There are thousands of trading parameters which you need to learn as a full-time trader. Trading is not a get rich quick scheme, where you will fund your trading account and change your life within a short period of time. All the successful traders in the United Kingdom consider trading as their business and they are not willing to take a huge risk for bigger profit. As a full-time trader, you have to understand the fact that trading is all about probability. You never know which trade will hit the …

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[9 Jun 2017 | Comments Off on Choosing a Global Currency Transfer Provider: What to Look For | ]
Choosing a Global Currency Transfer Provider: What to Look For

Currency transfer providers have gained considerable popularity over the years for the convenience, liquidity, and cost-effectiveness they provide. However, it is not necessary that every currency transfer provider suits your purpose or is right for you – to avoid the chances of being conned, look for the following considerations when picking the right service.
The Laws & the Regulations
First things first, you need to see whether the global currency transfer provider you choose is regulated by and adheres to the local laws that govern it. In Australia for example, the financial …

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[19 May 2017 | Comments Off on What is Margin and Leverage in Forex? | ]
What is Margin and Leverage in Forex?

In order to be involved in forex trading it is important to understand some of the terminology that is used. Margin and leverage are two terms that will come up every time you trade and here we will examine the terms and try to understand what they mean for your trading.
Margin
Margin is the amount of money you need to open a position with your broker. It is not a cost or fee, but rather money from your account that acts as a “good faith deposit” that the broker uses to …

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How to Become a Forex Trader? Explained in 7 Simple Steps

Do you feel that forex trading is a bit risky? If yes, then don’t worry. You are not the only one who thinks this way. We get to hear a lot about risk factor associated with forex trading. Also, people incurring financial losses because of forex trading makes it difficult to give it a shot.
It is not risky by default. Those who want to get into this trading should have a calm state of mind. They must know what exactly they are getting into before making any investment decision.
All you …