Forex Trading Platforms

What is MetaTrader 5? MetaTrader 5 (MT5) is a third-party trading platform that allows you to invest in and track several different financial instruments. This includes both forex and CFD products. The thing that sets the MT5 platform aside from other trading apps is how intuitive and user-friendly it is. The platform offers users access to a plethora of advanced technical analysis tools that allow you to keep track of typically complicated markets. In fact, this is where the real benefits of the MT5 platform start to shine – forex markets are usually quite difficult to understand and predicting trends can seem like a mammoth task. So, by using a platform that aims to relieve some of the complexity of these markets, you can potentially give yourself an easier time when you trade. While you are required to open an account with a broker before you can use the MT5 platform, you should keep in mind that it is essentially external software. The broker will "host" the pla...

In this guide, we go over the  best forex brokers in Barbados . We have analysed and evaluated 174 forex brokers in 8 different categories. We measured all aspects of their service including trading platforms, fees, mobile trading, deposits & withdrawals, assets, regulation, research & education and customer support. Forex brokers that reached the highest scoring are considered in the following list: Best Forex Brokers Barbados AVAtrade –  Best forex broker overall with a high trust score Forex.com – Best trading tools and forex trading features XM – Best forex broker for beginner and intermediate traders Saxo Bank – Best forex broker for advanced users and research Interactive Brokers – Best forex broker for advanced users Pepperstone – Best forex broker with low trading fees and customer support Best Forex Brokers for citizens in Barbados BROKER GENERAL INFO SCORE BEST FOR MIN. DEPOSI...

Regular readers of Firstlinks may recall I took the unusual step at the start of December 2021 of advising that I was switching some of my SMSF portfolio from equities to cash when I wrote: "However, while I recommend anyone with a long-term investment horizon should stay substantially invested in equities, I am starting to reduce some equity exposures as I personally believe the market will experience a decent fall sometime in 2022." My colleagues at Morningstar had asked me to write about why I expected stockmarkets to fall in 2022. I don't normally make such announcements as I'm not a fan of timing markets. However, the frothy valuations of 2021 were due for a correction, and then conditions worsened with the war in Ukraine and higher-than-expected inflation and interest rates. An advantage of running an SMSF is this flexibility to make changes that suit personal risk appetite, or it can be a curse if the ins and outs are badly timed. In most cases, better to l...

There are many apps in the stock market for trading and investing you can use in managing your portfolio. However, finding them is a daunting task since you must go through lengthy and overwhelming research procedures. The good news is that there are numerous legit sites that recommend the best apps to invest and trade stocks with. For example, UK traders considering trying their luck in the stock market can find reliable apps here. Based on our findings, we also list below the top three apps to invest and trade stocks with. Robinhood You probably know Robinhood as a cash management company, but it is also one of the best US-based stock trading apps. Robinhood is safe for your funds since top-tier authorities such as the US Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA) regulate it. Moreover, the app is highly encrypted and secures your account with a two-step login procedure.  One thing we ...

US Dollar at a record high against Nepalese currency < 1 MIN READ KATHMANDU: The value of the US Dollar (USD) has made a new contemporary record in Nepal with one USD trading for Nepali Rs 131.42 on Sunday. The Central Bank, Nepal Rastra Bank (NRB), fixed the buying rate for one USD at Rs 131.42 and the selling rate at Rs 132.02 today. This means that Nepali nationals will have to spend Rs 132 and 02 paisa to buy one dollar. This is the first time that the US dollar has become expensive in the Nepali market. Similarly, one Euro is bought at 128 rupees 86 paisa and sold at 129 rupees 45 paisa. The buying rate of one UK pound sterling today is 147 rupees 44 paisa and the selling rate is 148 rupees 11 paisa. Similarly, the purchase price of one Australian dollar today is 84 rupees 44 paisa and the selling price is 84 rupees 82 paisa.

Finding the best forex brokers for US clients isn't always easy. With a rich history and the reserve currency to back it up, it is no secret that the U.S. financial market stands out as the most lucrative in the world. Over the decades, it attracted companies providing financial services under the watchful eye of regulatory agencies. For clients, this resulted in a more limited but higher quality selection of brokers compared to the rest of the world — this article explores the best forex brokers for U.S. clients. Table of Contents [ Show ] Quicklook: Best Forex Brokers for U.S. Clients 5 Best FX Brokers for U.S. Clients  U.S. clients have fewer options when choosing a forex broker because of tighter regulations. The following list demonstrates several of the best forex brokers for U.S. clients. FOREX.com A specialized global broker established in 2001 under an umbrella of StoneX Group Inc, FOREX.com is listed on the Nasdaq stock exchange under the ticker SNEX. Forex.com ...

Since declaration of the state of emergency on 1 February 2021, disruption in banking services, exchange rate fluctuations and limits imposed on cash withdrawals are some of the pressing issues to grapple with on the ground. There have been several official updates on foreign exchange regulations issued by the Central Bank of Myanmar (CBM). A Chronological Overview 3 April 2022: Conversion of foreign currency to Myanmar Kyats (MMK) Under Directive 4/2022 and Notification 12/2022 issued by the CBM: all foreign currency earned by Myanmar residents shall be deposited into banks holding authorised dealer licences (AD banks) and converted into MMK within one working day of receipt; AD banks have to convert foreign currency income received from abroad (trade or non-trade sources) into MMK within one working day at a specific conversion rate of 1,850 MMK per 1 United States Dollar (USD); and outward transfers of foreign currency to abroad was subje...

In this piece, we will take a look at the ten best education stocks to buy in 2022. If you want to skip our industry primer and jump ahead to the top five stocks in this list, then head on over to 5 Best Education Stocks to Buy In 2022. The outbreak of the coronavirus delivered the greatest shock to a host of industries and nearly every economy all over the globe, as populations, businesses, and governments were caught unaware. However, it also resulted in the disruption of several sectors and breathing life into new ones, as the greater reliance on technology led to traditional sectors embracing change. One such sector is the education sector which saw a massive shift to distance learning. While major stock markets crashed, share prices of video conferencing companies rose, as not only companies but universities and schools shifted online to deliver their services. In the aftermath of the coronavirus, we're seeing a lot of optimism about the education market. For instance, a resea...

Financial markets worldwide are facing intense selling pressures on extreme risk aversion due to the hawkish FOMC guidance and rate hike trajectory compounded by its Quantitative Tightening posture wherein it will suck out $95 bn ($60 bn in UST + $35 bn in MBS) a month from the markets. 'Flight to safety' has led to a spike in volatility across all asset classes, with several emerging market currencies experiencing downside pressures. Mismatches in US dollar liquidity have been accentuated across the world. The RBI has to consider financial market conditions, impact of imported inflation and the acute shortage of US dollars (USD and/or $) in the market and accordingly decide to sell US dollars to keep the Indian Rupee (INR and/or Rs) from depreciating sharply. The INR has breached the psychological level of 80 to the US dollars. How can the RBI sell? USD sell/buy swaps: In order to provide liquidity to the foreign exchange market. The swaps are conducted through the au...