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This article describes six distinctive features of the forex market in comparison to comparison financial markets, eight reasons why you should trade forex, as well as a list of top 10 forex brokers for your reference in choosing a proper forex broker.
Founded in 2004, Decode Global is an online forex broker based in Australia, it provides a trading experience for its clients across the globe. WikiFX made a comprehensive review related to this broker. Our goal is to help you better understand the truth behind this broker.
This article explores whether forex trading is profitable and how much money a forex trader can make, analyzing the benefits of forex trading and offers eight ideas to assist investors become successful forex traders.
FP Markets, a trading name of FIRST PRUDENTIAL MARKETS PTY LTD, is a forex and CFD broker headquartered in Australia, regulated by the Australian Securities and Investment Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the European Securities and Markets Authority (ESMA) since 2005. FP Markets is on the list of 2022 10 Best Forex Brokers in the world, providing its clients with a wide selection of trading financial instruments with leverage up to 500:1, variable raw spreads from 0.0 pips and low commissions on the industry-standard MetaTarder4 and MetaTrader5 trading platforms, a choice of forex, Iress and Islamic account types, as well as copy trading service and 24/7 multilingual customer support service.
This article discusses some of the most widely traded currency pairings, including EUR/USD, USD/JPY, and GBP/USD. Continue reading to explore live prices for the major currency pairings and to discover the variables that influence their price fluctuations.
DACLAND, namely DACLAND CAPITAL LIMITED, was a brokerage that was allegedly registered in China, with its concrete registered address not disclosed. DACLAND is an online forex broker offering a couple of financial instruments to its clients around the world. Recently, DCALAND has caught our eye because of too many complaints received by WikiFX. We want to know the reason why some investors feel upset about this broker. In this article, WikiFX made a comprehensive review of this broker to assist you in better understanding the truth.
This article provides an unbiased review of the forex broker Capital.com, discussing pros and cons of several important aspects, including trading instruments, account, trading fees, deposit and withdrawal options, and customer support, to help you make an informed decision about whether or not to invest with this forex broker.
Faced with so many investment products, why would we choose foreign exchange investment over others?
Trading forex is a very competitive market, but only a select few will succeed. This does not mean that these select few never make trading mistakes. Whether for beginners or more experienced traders, it is common to make trading mistakes on the forex market. However, most successful forex traders can be aware of these common mistakes and avoid them, while most newcomers cannot. This article will outline the top nine forex trading mistakes which, once you know, you will be able to avoid making again and they can help you prepare better and minimize your mistakes and, hopefully, boost your returns.
It's often a question in the mind of beginner traders how they will select the best broker for their trade. Now, we will answer this question through this article. In this article, we will provide an answer to this question. In short, every trader should consider a broker's regulatory situation, investment protection, market instruments, account types, margin & leverage, available trading platforms, deposits & withdrawals, fees related, order execution speed and customer support before choosing a forex broker to start trading.
WEALTH SAILING is a China-rooted online forex broker offering a variety of financial instruments to its clients across the globe. This broker was just launched within a year, and WikiFX already received a lot of complaints against this broker. We wonder if this broker can be trusted. To better understand the truth, WikiFX has made a comprehensive review of this broker by analyzing the reliability of this broker from specific information, regulation, exposure, etc.
This article provides a detailed explanation of the concept of forex day trading. How could those who are just starting out in forex day trading use strategies that are tailored to their own needs? Ten strategies of day trading that are utilized most frequently. You may learn something that will be of great assistance to you in your currency trading through this article.
This article reveals several important aspects of AvaTrade, including trading products offered, trading costs, spreads and commissions, trading platforms, deposit and withdrawal, pros and cons for your reference.
A trading account helps you trade digitally and you can open trading accounts online instead of visiting a bank or the office of the broker. If you want to open a trading account, you must learn something about online trading. Firstly, before trading online, you must make sure that you have enough risk capital and consider your trading goals and experience, and determine your investment style. Besides, you need to choose the brokerage company that suits you (pay more attention to the minimum deposit requirement, fees and available services). Finally, now that you've chosen a broker, it's time to inquire about the account opening process.
ZFX, also called Zeal Capital Markets Limited, is an online forex broker founded in 2010. ZFX is headquartered in London, UK, and has several branches worldwide. Is this broker trustworthy? Is ZFX legal in your country? In order to find the answers to these questions, WikiFX made a comprehensive review of this broker to assist you in better understanding the truth, we will analyze the reliability of this broker from specific information, regulation, exposure, etc.
The difference between a forex demo account and a real account is essential to understand. Only in this way can you understand exactly what you have gained, what you still need, and how to proceed when you begin to trade in a demo account.
Most reputable forex brokers will provide demo accounts for traders to practice forex trading by using virtual money. As most traders know, live accounts are set up for trading in a real trading environment and trading with live accounts will inevitably have to take some risks. By contrast, demo accounts are not only intended for beginners to practise trading in a risk-free environment and build up experience with trading but also for advanced traders who want to test their trading strategies and explore the offering of a broker before registering a live account.
Forex scams occur when fraudsters deceive unsuspecting investors into parting with their money in unreliable foreign currency schemes. Investors are regularly promised a once-in-a-lifetime opportunity to make astronomical profits immediately. Investors are often left with nothing once the scammers have taken their money and vanished, leaving them with little recourse.
The Forex market is very volatile and is best if you are interested in short term investments and want to make a profit.
A central bank is an institution formed by the government to control the country's money supply, credit conditions, and regulate the financial system, especially commercial banks and other savings institutions.