Forex Trading Platforms

[unable to retrieve full-text content] The best day trading platforms in May 2024    CNN Underscored

Pound Sterling rises to 1.2750 on soft US Dollar and uncertainty over BoE rate cuts The Pound Sterling (GBP) rises to near 1.2750 against the US Dollar (USD) in Monday's London trading session. The GBP/USD pair remains firm as bets supporting the Bank of England (BoE) reducing interest rates from the June meeting have diminished due to a slower-than-expected decline in the United Kingdom's (UK) consumer inflation for April.  Economists forecasted that the UK headline inflation would fall to 2.1% year-over-year in April but slowed to 2.3% from the previous reading of 3.2% . Also, a nominal decline in the UK service inflation deepens fears of inflation remaining persistent for a longer period. The UK service inflation slowed slightly to 5.9% from the prior reading of 6.0%. UK's sticky service inflation has remained a major barrier to price pressures returning to the objective rate of 2%. Read more... GBP/USD Forecast: Pound Sterling stays bullish to s...

How do online brokerage firms work? You can think of an online stock broker as a conduit to the stock exchanges. In exchange for a commission on every trade, the best stock trading platforms send your orders on to stock exchanges and market makers, which actually do the heavy lifting of matching your buy order with someone who wants to sell, or vice versa. But you can't just buy a stock through your bank account or call the company and buy shares -- you need to find one of the best stock brokers to make a trade. Fortunately for everyday investors, the brokerage industry has changed dramatically over the past couple of decades. To buy a stock, you used to have to call an individual known as a stock broker, who placed the order on your behalf. This process was complex -- and expensive . You and I can't knock on the doors to the stock exchanges and make a trade without a stock broker. In truth, the stock exchanges as we think of them from their depictions in movies and on TV don...

[unable to retrieve full-text content] Pakistan Rupee Set to Become Top Performing Currency Globally    Bloomberg

KARACHI – The United Arab Emirates (UAE) Dirham buying rate in the open market of Pakistan stands at Rs75.1 on Monday while the selling rate is Rs75.85, according to forex.pk. The UAE Dirham shed five paisas against Pakistani rupee as compared to the previous trading day's closing of Rs75.15 in the open market of the South Asian country till 08:35 am on May 06, 2024. Date  Latest Exchange Rate CHANGE  May 06, 2024 Rs75.1 -5 paisas source: forex.pk More than 1.71 million Pakistani expatriates are settled in the United Arab Emirates, making it 16.73 percent of the total population of the Gulf country. Pakistanis are the second largest national group in the UAE after Indians. As their earnings are in the official UAE currency of the Dirham , they are interested in the daily exchange rate. The currency code for UAE Dirhams is AED. It is subdivided into 100 fils. As of May 06, the Dirham rate stands at Rs75...

If you've ever tried to crowdsource an answer to an obscure question or find cool stuff to do in a random city, you're probably familiar with Reddit. The forum may feel reminiscent of a '90's chatroom, but the site has a strong internet presence and an influential base of users ( GameStop , ever heard of it?). Reddit IPO history In 2021, Reddit announced it had confidentially filed its IPO paperwork with the U.S. Securities and Exchange Commission (SEC), but it held off on actually going public until 2024 [0] . Reddit sought a valuation of up to $6.5 billion and priced its IPO at $34 a share [0] . The stock opened at $47 per share and quickly jumped 70%. Within its first week of trading, RDDT reached a high of over $65 dollars a share. Since then it has settled between $45 and $50 a share. How to buy Reddit stock Now that Reddit is public, you can buy Reddit stock through an investment account . You'll need to add money to the account and then search within the brok...

MetaQuotes has released the MetaTrader 5 platform beta build 4330, introducing new analytical tools for traders and resources for developers. Developers can use support for the latest ChatGPT model, GPT-4o, which will help complete code and offer useful tips. MetaTrader 5 Beta Build 4330: What's Inside One of the key additions to the MetaTrader 5 web platform is the expanded set of analytical objects. Traders can now utilize a ruler to measure time and prices, draw various shapes such as rectangles, ellipses, triangles, and circles, and add labels to their charts. The MetaTrader 5 Client Terminal has undergone various optimizations and bug fixes, including increased precision in displaying calculation prices, fixed Maximum Favorable Excursion (MFE) and Maximum Adverse Excursion (MAE) calculations in the trading report, and improved saving and restoring of economic calendar filtering settings. The update also addresses issues related to the options board, position editing dialog, an...