How to find the right Forex broker? 5 points you need to keep in mind Make sure that the broker complies with the applicable regulations. The broker should be registered with the Bafin. In order to determine that the broker is also acting in accordance with the applicable laws and regulations, go to “About Us”
Author Archives: Head Trader
Learn the basic principles of Forex Know how currencies are traded in Forex. The foreign exchange market is a global platform for exchanging currencies and currency-covered financial instruments (these are contracts for buying and selling foreign exchange at a later date). Participants are everyone from the largest banks and financial institutions to individual investors. Currencies
The leverage available in FX markets is one of the highest that traders and investors can find anywhere. Leverage is a loan given to an investor by their broker. With this loan, investors are able to increase their trade size, which could translate to greater profitability. A word of caution, though: losses are also amplified.
Trading usually means buying something at a low price and selling it at a higher one, so the difference between the buy and sell price is our profit. When this concept applies to trading currency pairs you can say that you take a long position. There is also another concept of “short sale” or when
The foreign exchange market (also known as forex, FX or the currency market) is an over-the-counter (OTC) global marketplace that determines the exchange rate for currencies around the world. In terms of trading volume it is, by far, the largest financial market in the world. Currencies are always traded in pairs, so the “value” of one