Inside Forex Brokers (IFB)

Trading platforms from MetaQuotes Software Corp. have long been in demand among traders. Now their most popular version is MetaTrader 4, which came out in 2005, but recently an updated and improved MetaTrader 5 has been released. This platform was launched in 2010 and has been improved over time with some additional features, and also added new exchange instruments. MT4 focuses on Forex and CFD trading, while MT5 also includes other assets such as stocks and futures. MT5 has improved its multi-currency strategy tester and is faster in testing and optimization compared to MT4. ...

Throughout the existence of the entire market, there are brokers that are regulated by the state body, while there are those that are not regulated at all. Although it is recommended to use trading platforms that are regulated, why not use those that are not regulated? Are there any advantages and disadvantages that unregulated brokers will have to take into account? In this article, we will take a look at specific pointers to unregulated brokers that you should consider before using them. Non-Regulated Brokers Before we delve into the details of what characteristics unregulated bro...

Making your first deposit or any deposit is a big step in your trading career. This is the time when you fix the broker and when you begin to build your account. This is an exciting time for any trader because you are taking a step towards controlling your destiny. There is more than one way to replenish, so it is important to learn as much as possible about each broker; they all have their own attractions, as well as disadvantages. This is a list you should study before contributing your hard-earned money. Five Tips You Need When Making a Deposit An electronic wallet account is the...

Forex market is so loved by all traders, because there is an opportunity to trade from any corner of the world and at any time convenient for you. That is why it is convenient to combine it with the main occupation, and spend time rationally. Forex sessions have their own schedule and are divided into regions: Asian, European, American and Pacific. It is due to these different regions that we have the opportunity to make transactions around the clock, for example, when a session in one region closes, then it just starts in another region and under the look of the time difference you can trade ...

Let's start with the basics of what Forex quotes are. As you know, the main element of trading on Forex exchanges are currency pairs. The list of pairs is available on the online platform and is often recorded as, for example, EUR / USD (Euro / American dollar). This is the quote, so that it’s easier for you to understand - on the indicators, one of the currencies is the base and is considered the price of one currency, presented in units of another. The base currency is written first, and the quoted second. The number of the base cur...

First of all, it is worthwhile to carefully study the strengths of brokers, compare them with your expectations about trading. But do not forget that sometimes the most professional broker is not able to provide a positive result. Also, pay attention to the fact that the best Forex broker provides high-quality technical support. You should be able to explain the necessary actions, respond quickly to your questions and understand all the nuances. Tips For Beginners When Choosing A Broker Agree, with a huge var...

It is important to realize that monitoring the exchange rate, if handled properly, can bring benefits both with the growth of the currency and with its fall. The quote is not the cost in the usual sense of the word. Trader's activity, supply and demand, sales acts, numerous participants in the Forex financial market all influence the continuous changes in the exchange rate, futures, crosses and shares. Of the stable, one can note only the popularity of the American dollar. From all of the above, it may appear that trading is not a profitable investment of money. If this were true, then most...

Starting trading in the Forex market, each trader is asked a lot of questions about the system of work, the choice of trading tools and quotes. If you have already chosen your exchange to register, the next step is to make a deposit and select the main trading instrument. The main tool in Forex is currency, but in addition to currencies, precious metals, commodities and stocks are also available. When starting your trade, it is better to pay attention to more affordable instruments, namely currencies, because they are more obvious and predictable. And yet, there are many calculators on the mar...

A spread is the difference between the purchase and sale price of a financial asset at the same time. In fact, the spread is a commission charged by a brokerage company or dealing center from its customers. The size of this commission plays an important role for all types of trading strategies. Today we will tell you how to calculate the spread on Forex. Traditionally, spreads on the Forex currency market are not measured in monetary and percentage terms, but in points - the minimum values ​​of price changes. For example, if the current quote of the currency pair is 1.04000 and 1.04020, the...

For newcomers to the Forex market, it is sometimes very difficult to make a choice from the numerous offers of brokerage companies. It is very important not to make a mistake, since the future income and success of the trader depends on this. You need to know how to choose a stock broker and what to look for first. With an independent search for a brokerage company, you can study the numerous ratings on the Internet. The next step will be to get acquainted with user reviews, but opinions are often conflicting, you can find disappointed people on the market who have lost some or all of their fu...