Forex guide

Best Volatility 75 (vix75) Index Brokers

Best Volatility 75 (vix75) Index Brokers

None of the brokers listed below supports trading the Volatility 75 index in the USBrokers that offer their users the opportunity to trade volatility indexes such as the VIX 75 offer a way for investors to take advantage of the profit potential that arises with the fluctuation in the market. By measuring the fear and risk situations in the market, investors can invest in this index and get the maximum profit from price movements.What is Volatility Index?Volatility indices are real-time stock market indicators that show the expected volatility within a given time frame. Investors who want to use possible price changes for their ow...
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18 August, 2022
Is Social Trading So Much Better Than Copy Trading?

Is Social Trading So Much Better Than Copy Trading?

Trading is simple but not easy, more so when you start out. And there is no better way to begin your trading experience than making profits as you learn the ropes. This is why some brokers have designed copy and social trading.While the terms social trading and copy trading are interchangeable, they are not one and the same things. Copy trading is more of sub-social trading, while social trading is more of manual copy trading. Are you confused about this? Don’t be. This article explores copy trading and social trading in detail, including their similarities and differences.Social TradingSocial trading brings together a community ...
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05 July, 2022
Best Forex Brokers for small accounts

Best Forex Brokers for small accounts

Traders have varying financial muscles. Fund managers run large accounts worth millions of dollars. On the other hand, novice traders, often young, are trying to cut a career in forex trading. This means they have a small trading capital. Even if you have massive capital, you wouldn't want to risk it before your strategy can guarantee results, right?The most common advice for starters is to use a demo account. However, demo accounts are devoid of trading emotions like fear and greed. Therefore, you might want to fund a small amount to get real-life trading experience.What Small Account EntailsTypical small accounts require a mini...
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13 June, 2022
Forex Brokers with FREE VPS

Forex Brokers with FREE VPS

Every seasoned trader appreciates the importance of time in trading. To put into perspective, some periods of the day have high volatility, for example, during the New York sessions. At this time, many traders are glued to the screen to take advantage of trading opportunities when they appear.Imagine if connection or power problems occur. Low performance of terminals could lead to slippage. These problems could mean the difference between failure and success. After doing an excellent analysis, the last thing you want is a losing trade caused by external factors like poor terminal performance. The solution to this problem is using...
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30 May, 2022
Which Broker Provides Trailing Stop Loss

Which Broker Provides Trailing Stop Loss

In trading, we can’t emphasize the importance of risk management enough. Every savvy trader understands why they must define their risk and reward well before hitting the open order button. Risk means the amount of money they are willing to lose when the trade does not go according to plan. This can be expressed as pips or an amount.Setting a Stop LossInstead of staying glued on the screen to exit the trade manually, you can always use a stop loss. A stop loss is an order that tells the broker to close the order at a predetermined price with a calculated loss if the trade goes south. While some people opine that you can trade wit...
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22 May, 2022
Can I Open Brokerage Account With ITIN Number?

Can I Open Brokerage Account With ITIN Number?

Opening a brokerage account is an easy process; that's the general expectation. Simply fill in your personal details, and once the broker verifies supporting documents, you are good to go. But the process gets quite complicated when you are a non-citizen or non-permanent resident. Some brokerage firms restrict membership to US citizens.
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10 May, 2022
Forex Brokers With Low Margin Requirements

Forex Brokers With Low Margin Requirements

You will come across the term margin countless times in your trading journey. You probably have encountered it already. In any case, you need a margin to open a trade. But what is a margin? A margin is the portion of capital that you need to open and maintain a trade. Think of it as a collateral or goodwill assurance that you can cater to a loss if the trade goes south.
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18 November, 2021
Best Brokers That Accept ITIN

Best Brokers That Accept ITIN

In the United States of America, there is a limit placed on the access of citizens and residents to trade the financial markets through a broker. Such limits are only removed if the citizen or resident has an ITIN (Individual Taxpayer Identification Number). However, the major challenge is that there are only a few brokers that accept ITIN as a valid means of identification. This further limits the available broker options that prospective investors resident in the US can choose from. In accordance with our research, there are currently only about 7 brokers that accept ITIN.OverviewBrokers that accept ITIN for identification are ...
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20 December, 2020

How to use risk management to enhance your trading

Risk management is an aspect of trading that helps traders to protect their capital from massive losses helping them to survive in the market for a lengthy period. Trading can be a risky job as statistics indicate up to 90% of retail traders across the world fail! That is where risk management plays a crucial role in trading as it helps traders to avoid huge losses preventing them from blowing up their account. It is the most important thing a trader could learn.“Don’t focus on making money; focus on protecting what you have.” Paul Tudor JonesHow to apply risk management into your trades?1.The first and the most crucial measure o...
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02 October, 2020

Best Forex Traders In Kenya

[vc_column width="3/4"]Forex trading is a prevalent way of generating income online in this internet age, not just in Kenya, but worldwide. It would seem easy at a basic level; you only buy and exchange one foreign currency for another, but forex trading is deeper than that.The most successful forex traders did not become successful overnight. They spent their time mastering trading platforms, as well as studying signals, price movements, and the forex market. If you’re looking to succeed in the FX market, it is ideal to look up to these top forex traders. By imitating their trading patterns, you not only learn, but you also make...
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16 September, 2020
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