Forex Basics

Categories: Forex Basics

Hi Traders, here’s for the benefit of newbie traders, welcome to the world of profits!
Rollover
A spot transaction is generally due for settlement within two business days (the value date). The cost of rolling over a transaction is based on the interest rate differential between the two currencies in a transaction. If you are long (bought) […]

Hi Traders, here's for the benefit of newbie traders, welcome to the world of profits! Rollover A spot transaction is generally due for settlement within two business days (the value date). The cost of rolling over a transaction is based on the interest rate differential between the two currencies in a transaction. If you are long (bought) the currency with a higher rate of interest you will earn interest. If you are short (sold) the currency with a higher rate of interest you will ... Read More

11 forex brokers to be aware

Categories: Forex Basics

11 forex brokers you should be aware of
Forex market is by far the largest market anyone can participate in. As an amateur forex trader, you may think that you can transform a few hundred dollars into millions of dollars just by trading forex. Well, this is a dream and it takes more than just guts […]

11 forex brokers you should be aware of Forex market is by far the largest market anyone can participate in. As an amateur forex trader, you may think that you can transform a few hundred dollars into millions of dollars just by trading forex. Well, this is a dream and it takes more than just guts to trade in the forex markets. If you are not sure how to trade the forex markets effectively, read some of my forex strategies and systems I ... Read More

Choosing forex broker

Categories: Forex Basics

Anyone wishing to start trading Forex online must do so by opening an account with a trustworthy broker. For new traders, the most popular and logical choice is a mini Forex trading account.
The question is what should you look out for when deciding where to deposit your cash?
Firstly, it is important to find a professional […]

Anyone wishing to start trading Forex online must do so by opening an account with a trustworthy broker. For new traders, the most popular and logical choice is a mini Forex trading account. The question is what should you look out for when deciding where to deposit your cash? Firstly, it is important to find a professional and reputable broker. Unfortunately there are some platforms out there which are anything but professional and you should be wary of any that look like they have been ... Read More

What are mini forex accounts?

Categories: Forex Basics

Until recently anyone wishing to trade the Forex market needed thousands of dollars just to open an account. This put the market out of reach for anyone other than large businesses and cash rich individuals.
Nowadays, mostly thanks to the advancement of technology such as the Internet, many Forex brokers are offering mini Forex accounts that […]

Until recently anyone wishing to trade the Forex market needed thousands of dollars just to open an account. This put the market out of reach for anyone other than large businesses and cash rich individuals. Nowadays, mostly thanks to the advancement of technology such as the Internet, many Forex brokers are offering mini Forex accounts that can typically be opened and traded with just $100. This has opened up Forex to practically anyone who has an interest in currency trading. These mini accounts are ... Read More

Benefits of trading forex

Categories: Forex Basics

Forex currency exchange trading is one of the fastest growing trade markets in the world. It is also the biggest with an estimated 1.8 trillion dollars being exchanged every single day.
With these stats to it’s name it should come as no surprise that one of the major reasons for this exponential growth is the fact […]

Forex currency exchange trading is one of the fastest growing trade markets in the world. It is also the biggest with an estimated 1.8 trillion dollars being exchanged every single day. With these stats to it's name it should come as no surprise that one of the major reasons for this exponential growth is the fact that Forex trading offers incredible earning potential. This is also why large multi-national corporations have been investing in foreign exchange for years and more and more individuals are ... Read More

Brief history of Forex

Categories: Forex Basics

Forex currency trading has made massive advancements over recent years and is becoming on the Internet’s most searched for trading opportunities.
Technological advancements have made Forex an opportunity to make money for everyone from small individual speculators to large multi-national companies.
In reality the principles of Forex trade have existed for centuries but it wasn’t until 1967 […]

Forex currency trading has made massive advancements over recent years and is becoming on the Internet's most searched for trading opportunities. Technological advancements have made Forex an opportunity to make money for everyone from small individual speculators to large multi-national companies. In reality the principles of Forex trade have existed for centuries but it wasn't until 1967 when the idea of a global system of currency exchange first began to be put together. A college professor named Milton Friedman famously wanted to take a bank ... Read More

What is Forex?

Categories: Forex Basics

Forex trading is an activity that has been around for many years yet is unknown or misunderstood by many.
Those that do know what Forex trading is all about usually come to love the excitement trading can bring and several of these people go on to devote their whole lives to the skill.
It could be said […]

Forex trading is an activity that has been around for many years yet is unknown or misunderstood by many. Those that do know what Forex trading is all about usually come to love the excitement trading can bring and several of these people go on to devote their whole lives to the skill. It could be said that regardless of whether you have even heard of Forex trading before, the chances are you have already done it in one form or another without actually ... Read More