Forex Trading Platforms

On Jan. 17, Singapore -based cryptocurrency exchange Huobi , one of the largest players on the market, relaunched as a fully licensed platform in Japan after merging with the BitTrade exchange. Branching out to Japan, where compliance is valued and many regulatory measures are imposed for crypto players by domestic regulators, is a complex process. Here’s how Huobi entered the market, and which firms might soon follow suit. Specifics of the Japanese market and the FSA’s role in it Japan is one of the world’s largest markets for cryptocurrencies. Bitcoin ( BTC ) and altcoins can be used as a legally accepted means of payment there, although they are not considered “legal tender.” Being closely overseen by the national financial regulator, the Financial Services Agency ( FSA ), the Japanese crypto market is also one of the most compliant and regulation-oriented. Since the amendment of Japan’s Payment Services Act in April 2017, all crypto exchanges in the country are required t...

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...

Cryptocurrency exchange Huobi — currently the world’s  7th largest by daily traded volume — has relaunched as a fully licensed platform in Japan after merging with BitTrade. The news was announced in a press release published Jan. 17. As reported , Huobi Global's wholly owned subsidiary, Huobi Japan Holding Ltd, acquired a majority stake in BitTrade last September. At the time, BitTrade was one of only 16 crypto exchanges in the country to have secured a license from national financial regulator, the Financial Services Agency ( FSA ). Leon Li, Huobi Group Founder and CEO, has said that securing the license represents a significant milestone for Huobi, given the importance of the Japanese market. Huobi’s press release takes pains to emphasize security provisions, outlining that Huobi Japan “features specialized distributed architecture, a Distributed Denial of Service (DDoS) attack countermeasures system, and A+ ranked SSL certification (the highest available).” According t...

Trading platforms are essentially software programs that can transmit real-time information over a secure communication network. At the onset, a trading platform typically streams real-time prices, charts, marketdepth and news along with a wide array of market information and tools to assist traders in their decision making process. Once the choice is made and the order placed, the platform is then used to monitor all trade related information such as margins utilized, MTM, profits/losses, account information etc. These platforms are presented by a financial intermediary to their clients either FREE of cost, for a fee or based on certain criteria such as size of the client account, minimum number of trades to be carried out during a certain period and so on. The key purpose of a trading platform is to monitor stats as and when they occur although the quantum of information shared can vary across markets and from one broker to the other. In exchange traded markets for example, the p...

Twitter Facebook Google+ WhatsApp LinkedIn Pinterest Email Forex trading is something anyone can do. All you need is a trading account with a forex broker and a good internet connection. You don’t need to work for an investment bank or have a master’s degree in advanced mathematics. The rise of online forex trading platforms has opened up the foreign exchange markets to everyone. Most non-professional forex traders don’t trade full-time. For many, it is a hobby or challenging way to make some extra cash on the side. Thanks to innovative automated trading tools found on top forex trading platforms such as MT4, you don’t even need to be at your desk to trade forex. The question we are answering today, however, is whether it is possible to make a profit if you only trade forex part-time. Let’s find out. Making a profit trading forex is not easy. More than half of all traders lose money on their trades. It is fair to say that not everyone is well-suited to the challenges of forex ...

Cryptocurrencies are hot stuff right now, despite their high volatility. Most people are familiar with the likes of bitcoin, but Ripple (XRP) is more of an unknown quantity. In this article, we are going to give you an overview of Ripple and explain how you can buy or trade it. Ripple is a different animal to bitcoin. As well as being a cryptocurrency, it is also a payment platform. In addition, it doesn’t have a blockchain. Instead, it uses the Ripple protocol consensus algorithm, which means all transactions have to be verified by every node before they can go ahead. This makes it very exciting for investors and is part of the reason why demand for Ripple has increased in recent times. It is currently trading at $0.359 , with a market cap of $14.66 billion. Like bitcoin, Ripple has suffered a sharp price correction in the last 12 months, but there are signs it will recover. The origins of Ripple Ripple was created by Jed McCaleb, the founder of Mt. Gox (before it was hacked). In...

In the recent times, the world has witnessed great advancements and expansion of Forex trading platforms. It also means that the worlds the biggest names, MetaTrader and cTrader are being discussed and people want to know which of them are best forex trading platforms . In all respects, there are key considerations that accompany well-performing forex trading platforms.Some of these include just how easy, and user user-friendly the platforms are for trade executions;and whetehr users of all backgrounds are supported to carry out their trade in an entirely trouble-free environment. The main guiding factors that help you to not only comprehend, but wisely choose a trading platform include its simplicity and the fact that it allows you to trade on multiple platforms such as the web, desktops and mobile devices. You analyze issues of compatibility of the trading platforms to key operating systems such as Windows, Mac and Linux. Related Articles: Inevitably, other structures and innov...

Trading on the forex market is never an easy affair as it seems. Traders are first required to understand price changes: how prices move or rather their rise and fall. To competently do this – predict price movements – traders employ the use of technical analysis. The belief behind this analysis is that price actions follow a set trend based on their previous behaviors. So a trader can use forex technical analysis to predict future price changes because historical events tend to recur. Put it another way, technical analysis is examining historical data of price movements on charts within a given timeframe. What are the different forms of forex technical analysis? They are many, and some often depend on a number of technical analysis methods while others on oscillators, chart patterns, and indicators. Without making use of technical indicators when trading, for instance, traders can’t adequately analyze the history of prices thus making poor investment decisions. There are als...

Learning how to trade Forex can be hard within itself, but finding the best way to approach the issue is even worse. There are new traders coming into the market every day, but unfortunately many find it very hard to truly get into it as they find it too hard to find the right Forex trading platforms in South Africa. Thanks to the popularisation of the market, there are constant additions to the traders’ choice, which is understandably confusing. Join me as I discuss and try to find the top South African Forex trading platforms. The easiest way to access Forex trading in South Africa Although the Forex market is already pumping really well in SA, there are still difficulties to access the best platforms the market has to offer as they are yet to be implemented. Because of this many traders, find themselves restricted to just using the services of their local Forex brokers. Sure a Forex broker can be a good provider of a Forex trading platform, but who are the best Forex brokers in ...

Forex trading has become a popular trading solution for many investors. With so much information available about the forex market, it’s essential to know who some of the major forex brokers available to use today. Today we’ll talk about AxiTrader and everything you need to know about this company with this review . Let’s take a look. Who Is Axitrader? Axitrader is a Forex broker who’s made a name for themselves in the finance industry. Once traders themselves, this company expanded itself to provide professional trading solutions which are based upon years of experience. They were first founded in 2008 and have headquarters in Sydney. AxiTrader prides itself on being a high rated brokerage firm which offers 24 hour support, minimum account slippage, tight spreads, and fast trade execution. They also offer an educational center which gives information on equity indices, various commodities and currency pairs. The charts provide information on how to interpret price fluctuations in th...

The Foreign Exchange market (Forex) is the world’s largest financial market that’s open 24 hours a day, five days a week. It is also the most liquid market which means that it’s relatively easy to execute a trade quickly and at a desirable price because there is always a constant demand for various currencies. The advantages of learning online trading Thankfully, the financial market has provided ways on how to welcome budding investors into the trade. With the aid of the internet plus other financial apps, people from all over the world can learn Forex trading online whether it includes starting from scratch or learning advanced tips from financial experts. Aside from the nature of the market as well as its numerous benefits, here are some reasons why people want to learn online currency trading: Flexible. Online trading platforms and tutorials help people with busy lives stay on top of their game by providing content and different learning strategies they can access anytime, an...

A platform is essential for opening, managing, and closing forex trades on the currency market. It is probably the most important software needed for forex traders, especially the short-term traders. This is because they follow technical trading strategies and spend many hours working on their trading platforms. Actually, the trading platform chosen by you significantly impacts your trading performance. The platform should provide you with the required tools and be reliable and stable. The aim of this post is to give you some idea as regards the top 3 retail forex trading platforms that you must consider for your forex trades in order to become successful. Features of Best Forex Trading Platforms In order to qualify as the best currency trading platform, it should offer the following features: Related Articles: Real-time price quotes: This aspect may not have a direct link to the platform but real-time price quote is actually the foundation of successful forex trading, especi...

The Foreign Exchange market (Forex) is the world’s largest financial market that’s open 24 hours a day, five days a week. It is also the most liquid market which means that it’s relatively easy to execute a trade quickly and at a desirable price because there is always a constant demand for various currencies. The advantages of learning online trading Thankfully, the financial market has provided ways on how to welcome budding investors into the trade. With the aid of the internet plus other financial apps, people from all over the world can learn Forex trading online whether it includes starting from scratch or learning advanced tips from financial experts. Aside from the nature of the market as well as its numerous benefits, here are some reasons why people want to learn online currency trading: Flexible. Online trading platforms and tutorials help people with busy lives stay on top of their game by providing content and different learning strategies they can access anytime, an...