It’s a known fact all financial institutions need to be licensed or regulated to strict standards to prevent fly-by-night operators and ensuring clients can deposit funds with the utmost trust. In forex, these attributes are no exception. In the pursuit of any new broker, licensing is often the first consideration for any client since it provides a level of security and … [Read more...] about Forex Broker Licensing: What You Must Know
Does it really take money to make money in forex or not at all? The fascination of capital gains in this market is one of the first considerations, especially for new traders getting involved. Every question always deserves a counter-argument. Truthfully, no one can give a universally-accepted answer on how much one can make from trading forex as it depends on many … [Read more...] about The Million Dollar Question, How Much Money Can You Make From Trading Forex
Not all people are able to engage in full-time Forex trading. Several merchants have to place their investments while they are working or having lunch. You can miss several opportunities because of market fluidity if you irregularly trade during a tiny window every day. For a temporary trader, such missed occasions can be disastrous indeed. While it is true that the … [Read more...] about Part-Time Forex Trading: Strategies and Tips
The variety of forex trading accounts is just as diverse as in the banking sector. As banks create different products to suit particular clients, brokers also attempt to do the same. Aside from a standard live account, opportunities exist for non-trading individuals to invest in forex through the use of PAMM or copy trading. For the trading individuals, there are a few … [Read more...] about The 5 Types of Forex Trading Accounts
Backtesting your Forex robot on MT4 is an excellent way to see what potential is held by your strategy before you apply it in real-time. These days, several traders use Expert Advisors (EAs) or Forex robots to conduct their trades automatically. But, it is also important to check how the robot performed until that point in time because you don't want to leave your Forex trading … [Read more...] about Backtesting a Forex Robot on MT4: How Does it Work?