In previous few years, we saw that the brokers did allow losing more than what the clients had in their trading account which added an uncertainty to the brokers. However, now brokers have turned rigid with their policies as they do not allow you to lose anything more than what you have in your...
Demo trading account has several benefits attached to it. If you thinking to make good amount of money through Forex markets. I would recommend you to open a demo account and pass the learning stages patiently & carefully.
1. Discipline: Maintain discipline in demo trading because if you are...
The support and resistance levels concept is undoubtedly the most discussed topics of technical analysis and is often regarded as the subject, difficult for those who only want to learn. The pair levels where the trend of the instrument change is support if the level is lower than the current...
A Forex broker is an intermediary between the investors and the liquidity providers. A broker is the place where buyers & sellers go to buy or sell instruments like currencies. Though, despite of being an intermediary between you & another buyer/seller, they usually take your trades and pass it...
One should be trying several demo accounts with different brokers and must open an account with a broker which seems reliable and only open one with a broker which suits your trading style. For the beginning you can select at least two brokers with reasonable cost and first-class services...
According to me, experience plays an important & larger role than mere studying the theory. So, I would recommend you to open a demo trading account with few different brokers and check for the various services offered by them.
Once you are comfortable, you can definitely opt for the best...
Every trader or investors (especially every terrible trader or investor) usually face losses in their trading journey. As overpowering as losses feel, we react to loss which is more important than loss.Not so experienced traders suffer a huge loss which can hijacked by the emotions. Some would...
Yes, one can earn living from trading in Forex. Forex trading basically means investing your funds into currencies and placing trades which occur 24 hours a day.
Please do keep in mind that that trading Forex is not a shortcut to instant wealth. Excessive leverage can turn into winning...
There are so many different choices in there; it becomes difficult for newbie’s to choose a broker. There is a probability that new traders have no idea on where to start from. Well, to choose a best broker you need to follow three simple steps to help you find a forex broker that you think...
I prefer dynamic spreads because of direct liquidity attached to it. Dynamic spreads give an opportunity to make good amount of profits as it involves volatility related real market situations and spread can go as low as 0 pips.
Usually a broker who gives you high bonuses is not usually a bad broker. However, if that broker offers high leverage with that bonus amount can be quite risky for your trading because you can end up losing your deposited amount (both high deposited or low deposited funds).
Choose a broker which is reliable, trustworthy and have a good customer support team. Although, it might take some time to analyse and choose one. More than everything, keep in mind that pricing isn’t everything in forex industry because most reliable brokers usually have high spreads.
I know many brokers in the industry who have stopped accepting deposits via Paypal because of their high costs. To make it convenient for clients, they offer other instant payment method like card payments, skrill & neteller.
I would rather use my card to make the payment in case I am having...
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