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NEW FROM THE BLOG...

Forex

If you’ve ever traveled to another country, you typically had to find a currency exchange booth at the airport, and then exchange the money you have, into the currency of the country you are visiting. When at the counter you may notice, a screen displaying different exchange rates for different currencies. You find “Indian Rupee” […]

How the Forex Market works

The Forex Market is Decentralized In the present day, the world’s forex market is the greatest market of all time, with daily trading exceeding 5 trillion dollars, the competition between brokers, trades and the other market participants is aggressive. The currency market has no central exchange, contrasting to traditional markets where the trading is controlled […]

Benefits of Forex Trading

Benefits of being a Professional Forex Trader The lists of benefits and rewards of trading forex goes on and on. Here are a few of the biggest advantages of trading the forex market: No commissions No clearing fees, no exchange fees, no government fees, no brokerage fees. Most retail brokers are compensated for their services […]

When to Trade

Forex Trading Sessions There are different forex trading sessions, the forex market is open 24 hours a day, but most active during the European and American trading sessions. Profits from trading can be made when the market is moving up, down or sideways. A professional trader finds it difficult to make money when the market […]

How to Trade Forex

What is a Pip in Forex? Pip is an abbreviation for ‘Point in Price’. It is a unit of value of currency, a very small amount, 0.0001 is one pip. One pip is equal to 1/100 of a Cent. It is required for all forex traders to calculate profit and loss. Using pips and lots […]

Forex Terms & Order Types

Forex Terms Balance The balance on your account, on the MetaTrader 4 Trading Platform shows the amount that has been deposited into your account. The balance does not reflect any open trades that you have and is thus not accurate when you want to see your current trading position. Equity The Equity is your real-time […]

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