When you look at the price that’s quoted for a currency pair, you’ll observe that there’s a difference between the bid and ask prices. The difference between these is the spread in forex or the Bid/Ask Spread. Pips are the small price movement that measures the change in spreads in forex – which is any…
Are you the up-and-coming trader who wants to take it to the next level? Imagine trading a fully funded account, confident in the markets, free from blowing your account. Sound like a dream? That’s okay; you’re in the right place. This guide will help you through everything you want to know about getting a funded…
Funded trading accounts provide an opportunity to give capital to those traders with little or no money in their hands for trading. Rather, the investment capital is provided by a third-party company, usually ranging from $5,000 to $500,000. This signifies that traders can open their trading accounts without using their funds. Recently, regulators have registered…
Proprietary trading, otherwise known as prop trading, is when a trader does trading via capital issued to them by some proprietary firm or institution and not private. They trade in very different financial markets, with any instrument available at their disposal, from simple stocks to the more complex—options, futures, and even CFDs. The core objectives…
MetaTrader 5 (MT5) and MetaTrader 4 (MT4), created by MetaQuotes Software Corp, are two of the most widely used trading platforms worldwide. They are popular among millions of traders for their high-quality services. But what are the differences between MT4 and MT5 and which one is a suitable choice for you? This article offers a…
When you start trading, getting new knowledge about it is a forever process that will lead to profit if you apply that knowledge to your trading. But, sometimes you make some mistakes which, if avoided, can cause a loss in trading. With time if you overcome those mistakes it will improve your trading outcomes. This…
Forex Range trading is a type of strategy used in trading to find the entry and exit points of a market. In other words, it refers to finding a range in a market that constantly trades between two lines of support and resistance. Drawing trend lines between highs and lows is one of the common…
Leverage in forex refers to the facility that the brokers provide to their customers (traders) to control more significant positions in the Forex market using a smaller amount of capital. It allows traders to enter trades with borrowed funds, known as margin, thereby boosting their potential returns. While leverage can boost profits, it also magnifies…
To do trading in Forex, a trader should adopt the Forex trading strategies that are suitable according to his trading habits and manner, which gives him more profit on this basis. Suitable trading techniques in Forex will teach traders when to trade, for how long, and how to manage their money. Each trading strategy has…
MetaTrader 5, is an online trading platform that is designed in a way where Forex and stock traders do automate trading with the help of robots, signals, and fundamental analysis. It provides traders with web-based trading, algorithmic trading, mobile access, and advanced technical analysis tools. Traders who use MetaTrader 5 can predict market trends with…
