Forex Trading Platforms

Forex Financial Currency Exchange is the largest and most far-reaching market in the world, which gives many traders a chance to start a successful business and make money with the currency trading. Currency trading, like any other activity, is surrounded by numerous misconceptions and myths. They can affect every trader, no matter how long he trades. So, many people refuse to trade on Forex, as they believe that this financial market is prohibited in their country or around the world, as it’s gambling or something like that. But it is not so! Forex trading is allowed in all countries where individuals and legal entities are allowed to have currency (currency accounts, currency purchases at bank exchange offices, etc.) Do not forget that the Forex participants do not play any games on it. Most Forex participants use Forex for import and export operations, for international investments, for making money on changing currency prices and for other serious purposes. - advertisement - Fo...

Following a successful live digital currency trading pilot, the Jamaica Stock Exchange (JSE) has set its sights on listing security tokens. Working with Canadian fintech firm Blockstation, the JSE is running a pilot to "demonstrate the complete lifecycle" of the digital asset ecosystem. So far, for the last 60 days, the Exchange has been working with a group of broker dealers, market makers and the Jamaica Central Securities Depository. The JSE set up and managed the participants on the platform, with the broker members conducting daily trading and managing their client accounts. The JCSD has managed the clearing, settlement and custody of cash and digital currencies, and overseen compliance reporting and reconciliation. "The pilot has been very smooth so far and we are quite happy with the results," says Marlene Street Forrest, MD, JSE. Now, the pilot is gearing up to go further: "We are looking forward to moving to the next stage of the pilot which would...

Finatext UK, part of Japanese big data and trading app giant the Finatext Group, has launched a new trading app that aims to improve financial literacy and make trading more accessible to a new generation of users. The Financial Conduct Authority regulated company has released mobile app, Pipster, as a simplified, smarter trading platform, promoting responsible Forex and Cryptocurrency trading, as well as introducing new users to the fundamentals of the financial world. Finatext UK has launched Pipster , a consumer-friendly currency trading app, available on iOS and Android, which will provide a simpler, smarter and more responsible way of trading for both Forex and Cryptocurrencies; markets that can otherwise be perceived as overly-complex by those with little trading experience. Pipster can be downloaded from both the Apple and Android app store and has unique features powered by Robota Intelligence, Finatext’s unique sentiment analysis technology. The Bitcoin Social Sentiment I...

Online forex trading can be very tough for beginners. That’s because they have an unrealistic expectation of what forex trading entails. One thing is for sure, it’s not a get-rich-quick scheme. But that shouldn’t matter. We’ll share useful insights into online trading basics, how it works and basic terminology. We’ll cover some tips on how you can start trading online, including how to select your trading software and broker. By the end of this guide, you’ll get the know-how you need to test your skills with a demo account. Once you get the confidence you feel you need, you can move onto a live account. From this article, you’ll learn: how leverage is crucial in stock market trading , how to use stop loss and profit orders to your advantage. What’s Leverage and How Does it Work in Forex Trading? Forex is a marketplace for currencies. In its simplest form, a forex transaction is where you exchange your local currency to a different one for an upcoming holiday or event. At least...

The forex currency market is the world’s largest financial market, and it trades over $5.1 trillion daily. With a decentralized trading system, it has large centers in the world’s major cities including Tokyo, London, and New York. The major players in the market include multinationals, central banks, hedge funds, and banks. Thanks to the advent of the internet, individual small-scale investors, now have a chance to partake of this massive investment opportunity. The Workings of the Forex Currency Trading A transaction in the forex market involves the sale of a currency and purchase of another. These two currencies are known as a pair. There are currency pairs that are more popular than others, depending on their value when compared to other world currencies. The primary goal of trading in forex is that the currency you have purchased will increase in value against the one sold. The currency you have bought is known as the base currency. It forms the backbone of your currency exch...

HBUS, the US-based strategic partner of China-founded crypto exchange Huobi, has rebranded its retail trading service from HBUS.com to Huobi.com. “This is a step forward in Huobi Group’s plan for global expansion,”  says Leon Li, CEO and Founder of Huobi Group. “We feel very confident that the HBUS team will be excellent stewards of the ‘Huobi’ name as they become the top digital asset exchange in the US.” “Huobi Global is a world leading digital asset exchange, especially in Asia, and the name ‘Huobi’ is a powerful brand in the digital asset world, representing dependability, flexibility, and security for more than half a decade,” adds Frank Fu, CEO of HBUS. “Leveraging our enhanced partnership with Huobi Group, we’ll continue to operate the trading platform in a compliance-committed manner, offering wide token variety, competitive trading fees, and help grow the brand of Huobi to be synonymous with excellence and worldwide regulatory compliance.”   http://bit.ly/...

Fundamental Australian Dollar Forecast: Neutral The Aussie has gained quite strongly as 2019 has got under way It remains above the downtrend channel which dominated much of last year Its tenure here is not likely to be very long Find out what retail foreign exchange traders make of the Australian Dollar’s prospects right now, in real time, at the DailyFX Sentiment Page The Australian Dollar has started 2019 with a bit of strength against the US Dollar , but its position above last year’s dominant downtrend looks precarious for all that. AUD/USD has logged eight straight sessions of gains since January 3, buoyed up by hopes for progress in trade talks between the US and China . It’s arguable that most countries have a strong interest in rapprochement between the world’s two largest economies, but Australia’s is clearly keener than most. The country has deep diplomatic and defense links with the US but relies on China to take its vast raw material exports. More practically,...

The advent of international trade brought with it a number of advantages, key among it was cementing the foundation on which globalization was premised. While other factors such as world peace and stability played a critical role in founding globalization and the laws governing it, international trade was critical in expediting the process. Through it, countries were able to export crucial resources to other countries globally and in turn import much-needed resources from them. Further to this, changes which occurred during the period also led these countries to establishing a currency system. Initially, these currencies were pegged to a specific commodity – gold back then – and later on pegged to the United States dollar. However, as history would have it, most countries eventually opted out of this and ended up adopting a floating currency regime – a regime in which the currency of a country is left to fluctuate based on forces of demand and supply within the market and not control...

The Chronicle Oliver Kazunga, Acting Business Editor FOREX Trading School Africa will this year bankroll a $50 000 mentorship programme aimed at empowering potential entrepreneurs across the country with online foreign currency trading skills. The school was built in Bulawayo in 2016. In an interview, the school’s chief trading officer Mr Kuda Manzanga said their mentorship programme begins in Bulawayo at the end of the month and those who attend the course will be paid $50 each. A similar programme will also begin in Harare early next month. “We built the school in two phases, the second phase is what we have just finished now and what we are trying to do is to create an environment where people can trade. “We are offering courses in trading for free because we don’t want people to feel like we built this place to take money from them,” he said. The $50 000 mentorship programme was in Real Time Gross Settlement (RTGS). “In addition to the mentorship programme being free, t...

Fanboys of both crypto and Elon Musk can rejoice. The two worlds might soon collide. Estonia-based DX.Exchange, a digital currency trading venue launching January 7, hopes to soon begin offering digital tokens tied directly to Tesla stock, among other Nasdaq-listed companies. The product will give clients in the crypto space outside the US, both institutional and retail, the ability to gain exposure to US-listed companies without having to deal in fiat currency and through traditional venues and trading hours. The digital stocks, which will be initially offered on 10 of the most popular Nasdaq-listed companies and can be purchased with fiat or certain digital currencies, will be tokenized shares that sit on the Ethereum blockchain, backed by traditional shares. In addition to Tesla, DX.Exchange will tokenize shares of Alphabet, Apple, Amazon, Facebook, Microsoft, Netflix, Baidu, Intel Corporation and Nvidia. Read more : A new crypto company backed by Peter Thiel is launching to sol...

There is a fragile spot in the $5.1 trillion currency market: early morning in Asia. This one- to two-hour period when U.S. traders are heading home— but market hubs in Singapore and Hong Kong aren’t yet fully up and running —has become known to traders as the twilight hour, a time when normally stable currencies can suddenly go haywire. It happened on Thursday, when the yen USDJPY, -0.93%   surged by 3% against the U.S. DXY, -0.39%  nd 8% against the Turkish lira USDTRY, +1.0778%   in minutes around 6:30 a.m. Hong Kong time, or 5.30 p.m. in New York. Even with markets in Australia and New Zealand open for business, currency-market volumes are typically the lowest of the global day at this time. The weakest period for trading runs from around 5 a.m. to 6 a.m. in Hong Kong, according to CLS, a provider of settlement services for currencies. An expanded version of this article appears at WSJ.com Popular at WSJ Popular weather app from China collects too much user ...

BEIJING (AP) - Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by President Donald Trump's attack on the U.S. central bank. The Nikkei 225 fell by an unusually wide margin of 5.1 percent to 19,147.45 points. The Shanghai Composite Index lost 2.1 percent to 2,473.75. Benchmarks in Thailand and Taiwan also declined. Markets in Hong Kong, Australia and South Korea were closed for Christmas. Wall Street indexes fell more than 2 percent on Monday after Trump said on Twitter the Federal Reserve was the U.S. economy's "only problem." Efforts by Treasury Secretary Steven Mnuchin to calm investor fears only seemed to make matters worse. U.S. stocks are track for their worst December since 1931 during the Great Depression. The market has been roiled by concerns about a slowing global economy, the trade dispute with China and another interest rate increase by the Fed. Trump's Monday morning tweet heightened ...

T HE notion that foreign-exchange (forex) trading requires a large capital and involves plenty of risks is a misconception. While it is true a budding trader without full understanding of the complexities of forex trading may need a huge fund to jump-start their venture, that is not the case for people who know what they are doing and have the know-how in managing their risk safely. JustForex, a foreign-exchange broker providing services in 197 countries for many years, said forex trading does not require intensive trading on the open market to learn the intricacies of the trade. What is important is a comprehensive training and mentoring, which could be done using available tools online, they said. JustForex said there are online tutorials, as well as workshops, seminars and training programs designed by experts to teach aspiring traders, experienced traders and novice traders procedures on the right path to success. It added the rise in Internet use has also opened more doors for...

By   Trend At the Dec. 10-14 trade week at the Uzbek Commodity Exchange (UZEX), transactions worth 814.5 billion soums were carried out, which is 15.7 percent more than a week before, Trend reports on Dec. 18 referring to the press service of the exchange. The exchange trading rose from 599.6 billion soums by 14.4 percent to 686.3 billion soums. In the sales, oil products held the first place with a share of 16.8 percent. Construction materials ranked second with a share of 16.7 percent, followed by chemical products with 14.5 percent, as well as fodder with 13.6 percent. The currency trading site of the exchange sold local goods worth almost $8.9 million. A significant part of the deals fell on cotton fiber (97 percent) followed by technical oils with three percent. The listing commission of the exchange opened 161 standard contracts for building materials, mineral fertilizers, agricultural products, oil and fats, oil products and other commodity items. Over the past pe...

Forex trading, which is the act of exchanging fiat currencies, is thought to be centuries old – dating back to the Babylonian period. Today, the forex market is one of the biggest, most liquid and accessible markets in the world, and has been shaped by several important global events, like Bretton woods and the gold standard. It’s important for forex traders to understand the history of forex trading, and the key historic events which have shaped the market. This is because similar events could likely occur again in different, but similar forms – impacting the trading landscape. History tends to repeat itself. History of Forex Trading: Where it all began The barter system is the oldest method of ex change and began in 6000BC, introduced by Mesopotamia tribes. Under the barter system goods were exchanged for other goods. The system then evolved and goods like salt and spices became popular mediums of exchange. Ships would sale to barter for these goods in the first ever form of for...

Ryo Currency (CURRENCY:RYO) traded 7.7% higher against the U.S. dollar during the 24 hour period ending at 12:00 PM Eastern on December 17th. Ryo Currency has a total market capitalization of $626,443.00 and approximately $3,504.00 worth of Ryo Currency was traded on exchanges in the last 24 hours. One Ryo Currency coin can now be bought for approximately $0.0759 or 0.00002186 BTC on exchanges including TradeOgre and Cryptopia. During the last week, Ryo Currency has traded down 5.5% against the U.S. dollar. Here’s how other cryptocurrencies have performed during the last 24 hours: Bitcoin (BTC) traded 5.9% higher against the dollar and now trades at $3,464.35 or 1.00000000 BTC. Ethereum (ETH) traded 6.1% higher against the dollar and now trades at $92.17 or 0.02654649 BTC. Litecoin (LTC) traded 8.9% higher against the dollar and now trades at $28.60 or 0.00823768 BTC. Bitcoin Cash (BCH) traded up 8.8% against the dollar and now trades at $89.45 or 0.02576375 BTC. Monero (XMR) tr...