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...

Cryptocurrency Brokers: Introduction A cryptocurrency broker is a website which traders can access in order to trade cryptocurrencies at a set price. Unlike a centralized exchange , the trading is done through the use of a dealer network, which is also known as an over-the-counter (OTC) market. These brokers search and match sellers and buyers who individually own a larger amount of crypto. In numerous ways, they are similar to forex brokers whose services are a lot more familiar to the general public. In this guide, we will list the best forex brokers you can use for cryptocurrency trading. eToro eToro is an Israeli social trading broker founded in 2007. The platform offers mainly CFD (contract for difference) brokerage services. The company is certified by regulating authorities to operate in UK and Australia. All other operations are regulated by a Cypriot entity. eToro features an easy-to-use interface and tools such as social trading for copying other user’s strategies and...

What is a “market maker” brokerage? Basically, it is a broker who “makes” the market for their client to trade in, usually without passing off the exposure to the real market. For example, suppose Broker A has at one moment clients who have net open long trades valued at $300 million worth of the EUR/USD currency pair, and other clients who have net open short trades in the same valued at $250 million. This brokerage is exposed to $50 million of EUR/USD on the long side, but usually does not even cover its liability by opening a corresponding hedge in the real market. In fact, no Euros or Dollars have changed hands in this model, the trades are all theoretical and no real transactions have been made. This is how “market maker” Forex brokerages operate, although sometimes they will hedge with a third-party liquidity provider minute by minute to offset their net market exposures which their clients’ positions leave them with. Another method of controlling risk which is used by some marke...

“Hedging” is when you open two trades in the same thing in equal sizes in opposite directions. When the second trade is opened, this has the effect of freezing the floating profit or loss, although it is often forgotten that the overnight charges on both trades will continue to apply and will almost always be a net negative at all retail Forex/CFD brokerages, generating a small loss every time the trades are allowed to remain open over 5pm New York time. Hedging, at least in theory, negates the need to set a hard stop loss on either the long or the short trades which comprise the hedge. A further potential advantage of hedging is that as markets (especially Forex markets) tend to range most of the time, it can be possible to profit just from high volatility within a range by closing the long trade at a peak and the short trade at a trough. Many brokers do not allow hedging, but some do. It is not strictly possible under U.S. regulations, although it is possible to have two opposite tr...

When thinking about the Philippines, the strong economic position and well-developed trading market are most likely not the first things that come into your mind. Fair enough, as the, to be honest, the Philippines is still in the list of the developing Asian countries which is also not the most favorable hub for the Forex brokers to settle. However, things are not all negative there. As the Forex trading is regulated by the American-originated  Securities and Exchange Commission, widely known as simply SEC. Thus, the market is striving to develop and yet do that properly in order to ensure the safety of both traders and brokers. Therefore, today we will provide you with the best Forex broker Philippines 2019 list, as well as explain what are the FX regulations like in the country, and what shall the company do in order to become one of the legitimate Forex brokers in Philippines. SEC vs. BSP First, let’s find out what BSP is. You remember that SEC stands fo...

EverFX will be sponsoring Sevilla FC, one of Europa League’s staple winners and among Spain’s top football clubs. EverFX has been working on a deal to sponsor one of Europe’s most recognizable and victorious football clubs. The two sides are happy to announce they have reached an official agreement. EverFX will be sponsoring Sevilla FC , one of Europa League’s staple winners and among Spain’s top football clubs. Both EverFX and Sevilla FC share and operate under the same values, principles and ethics: fairness, transparency and competitive fervour. This collaboration is just the beginning of what promises to be a long lasting relationship between two institutions that have a common vision and hunger for success. “This is an agreement we’re equally proud and excited about. From scouting players and nurturing young talent, to winning on the highest level, Sevilla FC have set the standard for excellence both on and off the football pitch. EverFX wants to share and amplify everythi...

The forex market is highly competitive, and if you are trying to dig through all the available brokers, then it may give you headaches. Finding which forex broker to invest with may be a very mind-boggling task particularly if you don’t know what you should be trying to find. In this article, we’ll discuss the characteristics you must look for while choosing a forex broker. 1.  Security The most significant characteristic that any good broker must have is actually an advanced level of security. Obviously, you are not going to give thousands of bucks to a person who only claims he is legit, am I right? The good thing is, checking the trustworthiness of any forex broker is not very hard. You can find regulatory agencies around the world that separates the good from the bad or fake ones. 2.  Transaction Costs It doesn’t matter what kind of forex trader you are, believe it or not, you’ll always be at the mercy of transaction costs. Every single time you enter your trade,...

The pair AUD/USD edged higher on the back of an above-forecast China industrial production data. Industrial production in China rose to 5.7 percent year-on-year in December, significantly exceeding the forecast of 5.3 percent. The readings above the forecast can be taken as a sign that global demand may not be as weak as previously thought. Meanwhile, retail sales rose to 8.2 percent in December, as expected. Trade with No Fees & Free VPS! Get started with XM and enjoy the pro trading conditions. Stop settling for an average. Choose the best. Sign up with XM now However, AUD risks returning to session lows of around 0.7150, as China’s growth rate in the fourth quarter slowed to 6.4 percent year-on-year — the lowest since early 2009 — more so because the PBOC and the government of China are unlikely to introduce a flood-like incentive to support a sick economy. AUD/USD Technical Analysis The Aussie dollar failed to break the 0.7210 resistance recently and later started ...

EverFX , a reliable and trusted forex broker has become an official sponsor and global partner for Sevilla FC. This agreement is a major step forward in the growth of the company that has started the new year with great momentum, showcasing its potential to be one of the biggest players in the industry. The deal made sense for both parties as Sevilla has always shown an appetite for partnerships that are suited to its own core values and traits. Both EverFX and Sevilla FC share and operate under the same principles and ethics: fairness, transparency and competitive fervour. This collaboration is just the beginning of what promises to be a long lasting relationship between two institutions that have a common vision and hunger for success. Statement by Georgios Karoullas, CEO of EverFX "This is an agreement we're equally proud and excited about. From scouting players and nurturing young talent, to winning on the highest level, Sevilla FC have set the standard for excelle...

The Malta Financial Services Authority has issued a warning about an entity operating under the name of FXNobels which is known to have an internet presence at https://www.fxnobels.io/. Although this entity purports to operate from an address in Malta, the MFSA confirmed that this was not the case. From information available to the MFSA, FXNobels claims to be a forex brokerage that allows customers to trade in Forex, CFDs, Stocks and Cryptocurrencies online. The MFSA said FXNobels was not a Maltese-registered company nor licensed or otherwise authorised by the MFSA to provide any investment or other financial services which are required to be licenced or otherwise authorised under Maltese law. Information available to the MFSA suggests that it is likely to be a scheme of dubious nature with a high risk of loss of money. "The public should therefore refrain from undertaking any business or transactions with the above-mentioned entity," it said. http://bit.ly/2stBQmi

Business Are you planning to begin a forex trading business and wish to be informed about the pros and cons of cooperating with high leverage forex brokers  ? If yes, this review will give you some interesting fact that will boost your knowledge about forex trading and hence prove crucial with your needs. Like Us on Facebook Advertisement What is Forex Trading ? Forex trading is a kind of market where participants sell, buy, exchange and gamble on currencies. The forex market is made up of a combination of investment management companies, banks, hedge funds, central banks, forex brokers, commercial companies and forex investors. If you opt to start participating in the forex trading market, it is vital you do your homework accordingly because this type of investment is related with both pros and cons. Courtesy of research, you will be more informed about the activities that take place in the forex market and be able to discover your own tactics which will see you trade suc...

Yesterday’s Brexit vote caused huge volatility as expected, with severe selling in the lead up to the event, which then reversed once the votes came in. Despite the uncertainty ahead, markets seem somewhat calm, with tonight’s vote of no confidence unlikely to succeed. The British Pound made a few swing moves after it faced sellers near the 1.2900 resistance area against the US Dollar. The GBP/USD pair declined heavily below 1.2800, found support near 1.2670, and spiked back to pre-decline levels. Trade with No Fees & Free VPS! Get started with XM and enjoy the pro trading conditions. Stop settling for an average. Choose the best. Sign up with XM now The pair gained traction above the 1.2800 resistance and the 50 hourly simple moving average. It also moved above the 76.4% Fib retracement level of the last decline from the 1.2915 high to 1.2670 low. However, the pair is facing a tough resistance near the 1.2880 level and a bearish trend line on the hourly chart. A bre...

The advantages of trading with high leverage brokers can make the mouths of even the most experienced traders water. The sheer unpredictability with which positions emerge and the appeal of massive gains from relatively minimal capital investment make it an exciting world to do business. But just as the gains are sweet, trouble is real when trading with high leverage forex brokers. In fact, there have been rising calls amongst international regulators looking to clamp down on the less savvy consumer. This is to stop traders from investing their life savings without a comprehensive understanding of the pros and cons of this intricate and potentially high-risk investment strategy. That said, here is a comprehensive list of the pros and cons of trading with high leverage forex brokers. 10 Best Forex Brokers with Highest Leverage Broker Info Bonus Open Account Min Deposit: $100 Spread: From 0,2 Pips Leverage: 1:200 Regulation: FCA UK (#186171), CySEC (#259/14) 10% Welco...

The company, which was one of the entities to have its license annulled by the central bank, stops registering Russian clients. The Russian subsidiary of the Forex Club group of companies has posted a brief notice on its website, informing the public that it is no longer accepting Russian clients. The notice says “In line with an order by the Central Bank of Russia, Forex Club is no longer registering Russian clients”. In a separate announcement  made in December, the retail Forex broker reiterates that it will inform its clients in due course about closing their positions and return of funds. Forex Club LLC (its Russian name being “ООО Форекс Клуб”) is stopping its professional activities in the securities market, except for procedures related to meeting its obligations towards its clients, including return of funds until January 27, 2019. In its official announcement in late December, the Central Bank explained  that the licenses of five companies – Forex Club, Alpa...

AUD/USD opens the week at 0.7200 as Pacific traders turn to Chinese trade data to help consolidate the Aussie further as forex markets approach an event-heavy week. The data broadly missed the mark, sending AUD firmly lower. The Aussie dollar traded higher recently and broke the 0.7200 resistance against the US Dollar. However, the AUD/USD pair faced a solid selling interest near 0.7235-0.7240 and later started a downside move. The pair declined below the 0.7200 support and the 50 hourly simple moving average. Moreover, there was a break below a major bullish trend line with support at 0.7200 on the hourly chart, opening the doors for more losses. Trade with No Fees & Free VPS! Get started with XM and enjoy the pro trading conditions. Stop settling for an average. Choose the best. Sign up with XM now On the downside, the next main support for buyers is near the 0.7175 level and the 1.236 Fib extension level of the last wave from the 0.7183 low to 0.7217 high. On the ...

Leading provider of innovative and advanced financial technologies and services, KP International Group Australia PTY LTD, recognized at the Annual Forex Awards 2019 in London It was another landmark achievement for KP International Group Australia PTY LTD as the amazing works and contributions of the company to help the growth and drive the effectiveness of the financial services sector was recognized in the 2019 edition of the Annual Forex Awards recently held in London, United Kingdom. KP International is one of the leading financial services providers that has been able to carve a niche for itself in the industry thanks to its amazing service delivery. The financial services industry has grown in recent times with different stakeholders including consumers and providers contributing their quota to the development of the industry. One of the sectors of that has driven the growth of the industry is Forex. Forex has been able to provide an effective solution to the struggles of many...

When you are trying to invest in Forex market for the first time, there is always some fear of simply opening an account and putting your hard-earned money in it. That’s where No Deposit Forex Bonus comes into the picture. Some of the leading Forex brokers appreciate the fact that most beginners have this fear and hence, they have decided to create a new category for these traders or those who would like to try their services without putting their money at risk. This allows them to reduce the risks involved in online trading if they invest with traditionally regulated firms i.e. based on market fluctuations. This article will highlight everything you need to know when looking to start Forex trading without putting your money into risk. So read on to find out how you can get started with No Deposit Forex Bonus and earn some big bucks on a regular basis and with no investment at all! No Deposit Forex Bonus Overview Related Articles: Due to the increasing number of internet us...