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...

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...

Foreign exchange (forex) trading involves the simultaneous buying of one currency and selling of another. It is hence carried out in currency pairs. For example, you may want to buy Japanese yen while selling the United States dollar. TO READ THE FULL ARTICLE Thank you for reading The Straits Times You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber. What is Premium ? http://bit.ly/2G4ubTA

“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...