In Forex trading, currency pairs are the price quotes between two different currencies within the Forex (foreign exchange) market. The first mentioned currency is known as base currency and the second currency is the quote currency. The forex currency pair compares the value of base and quote currency. It shows how much quote currency is…
Bitcoin halving is the process in which the reward for Bitcoin mining is cut in half. Bitcoin Halving takes place after every four years. The halving policy was written into Bitcoin’s algorithm for counteracting inflation by maintaining scarcity. According to this theory, the reduced pace of Bitcoin means that the demand will remain constant even…
In the realm of forex trading amidst fluctuating markets, effective risk management is crucial. A key advantage offered by numerous regulated brokers is Negative Balance Protection (NBP). This feature serves as a safeguard, guaranteeing that traders will not incur losses exceeding their deposited funds. Regardless of whether you are a novice or a seasoned trader,…
Analysts rely on trendlines in forex as crucial tools for their technical analysis. These traders prioritize recognizing market trends over fundamental factors such as past business performance or current news. One effective method they use to achieve this is by accurately drawing trend lines on price charts. When it comes to recognizing patterns, trendline trading…
Moving from a demo to live forex trading account allows traders to put their learned skills and knowledge into practice in actual market scenarios. This shift is particularly beneficial when traders believe they have established a solid trading strategy, can manage risks effectively, and are mentally equipped to handle the emotional aspects of live trading….
A contract for differences or CFD is the agreement a buyer and a seller stipulate in writing where in return for an offer, a buyer agrees to pay his seller the difference in the value of the asset by the time he made his contract and its value at the time of settlement. A CFD…
In 2022, a massive $7.5 trillion was traded in forex every single day. This fact highlights that forex trading is not only extremely busy but also one of the largest markets worldwide. Given its size and activity, it’s essential to have a strong understanding of how the foreign exchange market works and the elements involved….
The Forex market is known for its constantly changing forex prices, making it very dynamic. It’s essential to recognize that forex trading fees and costs are unavoidable from the outset. Traders often fail to consider or underestimate crucial costs, such as commissions, rollover interest, broker fees, penalties for inactivity, and charges for deposits and withdrawals….
Forex trading, with a daily volume of over $7.5 trillion, is a powerful player in the global finance world. For those new to the scene, diving into Forex can feel overwhelming due to its intricate nature and rapid pace. However, there’s a valuable resource that often goes unnoticed: Forex rebates. These beneficial financial incentives allow…
In forex trading, slippage happens when prices fluctuate rapidly within a short span of time. It helps traders see how the prices of currency pairs have moved away from their expected prices. Traders can set a limit on how much slippage in forex trading they can handle to protect themselves from these sudden changes. If…
