Forex guide

Best Currency Pairs to Trade for Beginners

Best Currency Pairs to Trade for Beginners

The forex market can be very intimidating to beginners. Many markets in the forex space are very volatile, especially for new traders who do not have trading strategies yet. However, there are markets that are more favourable to beginner traders. In this review, we will be looking at the best currency pairs to trade for beginners.
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24 September, 2022
How to spot MetaTrader 4 Scams

How to spot MetaTrader 4 Scams

MetaTrader 4 as a trading software was developed in 2005 by a Russian company called MetaQuotes. MT4 is the most popular trading software among all brokers and traders worldwide. The biggest competitor of this software, which has established itself as a favourite software, is MetaTrader 5, which is a new version of itself.MetaQuotes, which strives to offer online trading to a wide audience is becoming more popular day by day, it has developed this two great software and made them suitable for use on devices such as computers, smartphones, and tablets. However, the widespread use of MetaTrader 4 has brought some problems with it. ...
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24 September, 2022
No Slippage Brokers - Are there any?

No Slippage Brokers - Are there any?

Slippage in forex is when an order is filled at a different price rate from the requested price. It is therefore the difference between the requested price and the price during execution. Typically, slippage happens due to market volatility or when trading in the off-peak hours of a currency pair.Slippage is a part of forex trading that you cannot entirely avoid. Nevertheless, there are brokers on the market that thanks to superior execution times have little to no slippage.It can happen in the favour of a trader or to their disadvantage. However, there is no guarantee of a positive slippage. Hence the need to minimize slippage b...
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17 September, 2022
Best Zero Spread Forex Brokers

Best Zero Spread Forex Brokers

Investors are always looking to save money while trading in the forex market. In some cases, zero-spread accounts can help traders save on trading fees. There are a number of forex brokers in the market that feature zero-spread accounts. In this article, we will be looking at the best zero spread forex brokers.ExnessExness features zero-spread accounts for users with professional accounts on the platform. There are two accounts that feature zero spreads: the Raw Spread and Zero Spread accounts. However, users of these accounts have to pay commissions to trade. The Raw Spread account requires traders to pay a fixed commission of u...
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14 September, 2022
Best Forex Brokers in Europe

Best Forex Brokers in Europe

Choosing the best forex broker to trade with is a difficult task. Many companies in the market fail to deliver on what they promise. It is no different in the EU, which is often regarded as one of the most active regions in the forex space.This review will be looking at the best forex brokers in Europe.
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08 September, 2022
TradingView Broker List

TradingView Broker List

TradingView is a powerful charting tool used by traders for technical analyses. This tool is suitable for all levels of traders. Technical analysis and charting are always intimidating to novice traders. Luckily, TradingView provides an educational section to help beginners use the tool. This ensures that such traders are as proficient in charting as seasoned traders. 
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06 September, 2022
What to Consider When Trading CFDs

What to Consider When Trading CFDs

Did you know you can invest in gold without necessarily buying physical gold? You can opt to trade gold CFDs instead of going through the hassles of investing in physical gold.According to finder.com In 2020, interest from CFD trading grew by 193%. These massive returns appeal to many investors making CFDs popular.For starters, Contract for Difference (CFD) involves speculating on a price of a derivative of a financial instrument. The underlying financial instrument can be forex, stocks, indices, and commodities. You can therefore trade CFDs of oil, coffee, S&P, and currency pairs like USDCAD. Essentially, you do not have phy...
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06 September, 2022
Is Forex Trading Legit or a Scam?

Is Forex Trading Legit or a Scam?

Is forex trading legit? This is a question that many traders ask, especially after encountering challenges. Imagine blowing two or more accounts in a row? The thing that comes to mind is trading is probably a scam and undependable. You are convinced the brokers are hunting you and are after your money.From the start, it is essential to point out that trading currencies is legit. However, there are many scammers online who make many traders doubt its legitimacy. Forex scams run into billions of dollars.Forex Trading is LegitForex trading is a legitimate way of making money. But how do you know the forex market is legit while it is...
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30 August, 2022
What Is The Oldest Forex Broker In The World?

What Is The Oldest Forex Broker In The World?

The forex market has a problem of scam brokers entering the market every now and then. Many beginner traders end up losing their hard-earned cash to such unprofessional brokers. As such, it is always safe to trade using brokers with years of experience. Such brokers are best suited to keep your money safe. Here are some of the oldest forex brokers in the market.
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27 August, 2022
The Biggest Forex Brokers in the World

The Biggest Forex Brokers in the World

There are hundreds and hundreds of brokers and you have probably already wonderedwho is the biggest of them all?In this article, you will get your answer! We have researched the biggest forex brokers on the market by their trading volume and by the number of clients they have and listed them below. Please read the full disclaimer below the rankings about the selection.Biggest Forex Brokers by Trading Volume:1# Exness = $2.275 trillion (source: Finance Magnates)2# IC Markets = $1.016 trillion (Source: Finance Magnates)3# Saxo = $322 billion (Source: Finance Magnates)4# ATFX = $188 billion (Source: Finance Magnates)5# AvaTrade = $7...
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25 August, 2022
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