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Low Spreads: Your Key to Forex Success
Low Spreads: Your Key to Forex Success
Some of the first terms you’ll need to understand when you begin Forex trading are spreads and commissions. Both are instrumental in generating profits. Hence, understanding their individual functions and their combined impact on long-term value for traders is vital. Introduction: Spreads vs Commissions Forex trading, also known as foreign exchange trading or currency trading,...
June 13, 2023 6 min read
Profits Around the Clock: A Trader’s Guide to Forex Sessions and Time Zones
Profits Around the Clock: A Trader’s Guide to Forex Sessions and Time Zones
I. Introduction If you’re interested in trading Forex, it’s important to understand when the market is most active and volatile. The Forex market is open 24/5, meaning it’s only closed during the weekends and bank holidays, but that doesn’t mean you’ll always see movement in the market. To make the most of your trades, you...
May 15, 2023 10 min read
Understanding Pips in Forex Trading: A Comprehensive Guide
Understanding Pips in Forex Trading: A Comprehensive Guide
The world of forex trading is awash with technical terms, abbreviations and acronyms. Some are crucial to understanding how forex works, others are glorified means of impressing beginners and outsiders. Forex itself is an abbreviation, short for foreign exchange and is often referred to as FX. If you are new to forex trading, you have...
May 3, 2023 8 min read
Understanding True Forex Funds’ MT4/MT5 Asset Contract Specifications
Understanding True Forex Funds’ MT4/MT5 Asset Contract Specifications
Learn about contract specifications of asset classes, units of measurement of price moves and how these affect trade costs, profits, or losses.
March 14, 2023 5 min read