Social Trading on Forex
What is the most important during trading on Forex? Of course, transaction system which provide a maximum return rate. It seems to be a simple matter, but it requires to gain experience, knowledge, capital,...
What is a Currency Pair?
A currency pair refers to how currencies are quoted and priced in the Forex (foreign exchange) market. To put it in layman’s terms, the value of a particular currency is determined by comparing it...
Long Position and Short Position
The principal aim of Forex market is to make profits from the position via the buying and selling of different currencies. A Forex transaction is said to be complete when one currency is bought...
What is Leverage in Forex?
Leverage in finance refers to borrowed funds. These funds are generally used to acquire assets like furniture, plant and machinery, real estate, and other physical assets. They are also helpful in trading financial assets...
What is a Lot in Forex?
Rewind a couple of decades ago - there was predominantly just one lot size that most brokers used in trading. It was a standard lot that comprised of 100,000 currency units. With time, however,...
What is a PIP in Forex?
The Forex market is rife with a fair amount of complex jargon and abbreviations. However, it is relatively easier to understand it, than it seems. It is also imperative to do so, as understanding...
What is a Trading Platform?
A trading platform can be defined as a software, which functions as an information conduit between a broker and a trader. It offers information like charts and quotes. A trading platform also includes an...
How to Choose a Forex Broker?
The Forex market right now is the world's largest trading hub. It is so simply because of the number of options, transactions and sheer volume of currencies traded. It also works around the clock...
Types of Forex Brokers
Correct broker selection requires knowledge of specificity intermediaries function on the currency market. In the article you will find crucial information, affecting selection of the best offer. Diversity of brokerage services is complex for the...
10 Tips to Win a Forex Demo Contest
Hooray, free money! While there is nothing like free money in this world, there are many ways to earn some easy money. Forex brokers are always running promotions and contests to attract and retain...
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