Forex Trading Platforms

MetaTrader 4 (MT4), developed by MetaQuotes, is one of the world's most popular forex trading platforms. You can trade CFDs across a range of popular forex pairs, indices and commodities when you trade on MT4 with us. MT4 allows you to use automated programs called Expert Advisors (EAs), which monitor the markets and can be set to trade on your behalf. You can build your own program or use an existing EA.

Dollar to Remain Dominant in Global Markets, Position Adjustment Important into the Weekend Traders will be looking to jump on the dollar bandwagon after strong gains on Thursday with expectations of further momentum buying as the Fed signals a sustained tightening cycle. There will be some pressure for a correction into the weekend, but there is also scope for Euro selling given unease over the situation in Ukraine, limiting the scope for any single-currency recovery. Overall, trends in risk appetite and moves in global equity markets will also be a key element for global currency markets with further volatile trading across all asset classes. Pound US Dollar Exchange Rate Outlook There was a lull in intense UK political speculation during Thursday with trends in risk appetite and the dollar tending to dominate moves in the Pound to Dollar (GBP/USD) exchange rate. GBP/USD dipped to 2-month lows around 1.3360 as the dollar posted strong gains before a tentative recovery...

The U.S. government's efforts to flood the markets with cash in the face of the coronavirus pandemic has proved to be a double-edged sword for banks by propping up borrowers but leaving institutions flooded with excess cash. This idle cash is likely to remain on their balance sheets for the coming year. Due to this, it is likely that it will take a few years for many banks' margins to return to pre-pandemic levels. If they choose, banks could quickly move this excess cash to investments that could help boost earnings per share. However, this is partly predicated on a rising stock market, of which there is no guarantee. At the same time, the pandemic pushed many banking customers to conduct business through digital channels, including those offered by well-funded financial technology firms or fintechs. Amid a challenging earnings environment and changing competitive landscape, some banks are working to modernize their offerings, while others are pursuing mergers in the face of d...

MetaTrader & FBS Trader app are two essential tools that every trader should use. Don't rely only on one, use the power of both as they suit different trader needs. ADVERTISEMENT In short, MetaTrader is for trading on a laptop/PC, while the FBS Trader app is perfect for mobile trading. Let's look at how you can use them! MetaTrader When you want to use a personal computer or laptop for trading, you can choose MetaTrader 4 or 5. They are the two versions of one software program that traders use for opening orders and making an advanced technical analysis. MetaTrader offers different technical tools and allows using trading robots (expert advisors). Besides, you can use the FBS Forex broker app to manage your MetaTrader accounts and control finances. Related content FBS Trader app If you want to trade with your mobile phone or just don't have an opportunity to trade with a PC at the moment, the FBS Trader app is the best choice. Indeed, we can't sit in front of ...

Mobile trading is increasingly the bread and butter of online brokers. Competition is fierce and brokers are adding more and more features to their mobile trading platforms to attract and retain investors. X In the past several years, revenue from online trading has climbed as the number of retail investors using mobile trading apps has grown exponentially. The coronavirus pandemic has only accelerated the trend. Also, more mobile-savvy young people are jumping into trading to reach their long-term financial goals. IBD's 2022 Best Online Brokers survey ranked investors' favorite mobile trading platforms. The brokers were rated by their own customers, and we recognize the top three as the Best Online Brokers. This year the Best Online Brokers for Mobile Trading Platforms were Robinhood (HOOD) , Fidelity and E-Trade, a unit of Morgan Stanley (MS). You can view the full 2022 Best Online Brokers list here, including the three best overall and in 15...

Yet again, the Securities and Exchange Commission is aiming to address one of the weakest links in the U.S. financial system: money market mutual funds, the object of at least two reform efforts and two major federal rescues in as many decades. This time around, regulators might actually be getting it right. Money market funds emerged in the 1970s as a relatively unregulated alternative to banks, which at the time faced limits on the interest they could pay depositors. Such funds offered higher returns and an appealing pledge: They'd seek to maintain a value of exactly $1 per share. Given that they lacked deposit insurance, frequently invested in risky assets, and had no capital to absorb losses, this promise was always dubious. But it held up for long enough that investors came to believe it. By 2007, funds had attracted more than $2 trillion and had become a major source of short-term financing for everything from American corporations to European banks. The 2008 fi...

MUMBAI: The country's foreign exchange reserves grew by $2.229 billion to $634.965 billion in the week ended January 14, RBI data showed. In the previous week ended January 7, the reserves had declined by $878 million to $632.736 billion. It touched a lifetime high of $642.453 billion in the week ended September 3, 2021. During the reporting week ended January 14, the jump in the foreign exchange reserves was on account of a rise in the foreign currency assets (FCAs), a major component of the overall reserves, and the gold reserves, Reserve Bank of India's (RBI) weekly data released on Friday showed. FCA increased by $1.345 billion to $570.737 billion in the reporting week, the data showed. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Gold reserves rose by $726 million to $39.77 billion in the reporting week, the data showed. The speci...