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Is MetaTrader 4 a Broker?

Is MetaTrader 4 a Broker?

For traders relatively new to trading, it is easy to get overwhelmed with a wide variety of new terminologies. It is very understandable if you are overwhelmed with so many unanswered questions. Okay, so you have heard of MetaTrader 4 and also know that you need a broker to place a trade. You may be wondering if Metatrader 4 is a broker in itself. To clear all confusion, you should know that Metatrader 4 is not a broker but a third-party trading platform.
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01 November, 2022
Tier one Trading Platforms and Brokers

Tier one Trading Platforms and Brokers

Trading financial markets come with a lot of challenges. Choosing a broker to invest in significantly affects the trading experience of a trader. Many companies claim to offer the best trading conditions to clients. While there are many legitimate brokers in the world, not all of them provide the best trading conditions. This review will look at the online brokers that meet our tier 1 trading platforms criteria.
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31 October, 2022
Best Unlimited Leverage Forex Brokers

Best Unlimited Leverage Forex Brokers

Most traders are attracted to the financial markets because of the ability to trade Forex and other CFDs using the power of leverage. In forex, leverage is simply the extent to which you are allowed to open large trading positions with a small capital called a margin. Leverage makes trading very lucrative, but at the same time, it does come with increased risks. There are very few brokers with unlimited leverage as most brokers put a limit on leverage, even if the available leverage is high.
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30 October, 2022
Forex Brokers with Best Positive Swap Rates

Forex Brokers with Best Positive Swap Rates

Forex Swap is one of the costs associated with Forex trading. In Forex, a swap is simply the interest you will be charged for leaving a trade open overnight in the Forex market. It is completely different from other trading costs like spreads and commissions. Swap can be positive or negative. In this article, we are assessing the positive swap rates of some of the most trusted forex and CFD brokers.
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28 October, 2022
Forex Currency Pairs With Lowest Spreads

Forex Currency Pairs With Lowest Spreads

The spread in forex trading is the difference between the selling price and the buying price for currency pairs. On most forex brokers, the spread is the primary cost of trading. This is how forex brokers make money from trades. Unsurprisingly, the most traded currency pairs involve the lowest spreads in the market. While the spread changes from broker to broker, it is lowest on the most traded currencies. Let's look at the forex currency pairs with the lowest spreads.
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27 October, 2022
The Best Pairs to Trade During the London Session

The Best Pairs to Trade During the London Session

London is considered the forex capital of the world. The London(European) session accounts for 43% of the total transactions that take place on the markets. This session is characterized by high liquidity, increased volatility, and low bid/ask spreads on most pairs. While it is recommended to trade during the London session, it doesn't guarantee that you’ll make profits. If you pick the wrong pair, your chances of becoming profitable will be very slim. Choosing the right pair is the most effective way to capitalize on this session. Here are some of the best pairs to trade during the London session.1. EURUSDEURUSD is the most trad...
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26 October, 2022
Best Forex Brokers in the USA For Beginners

Best Forex Brokers in the USA For Beginners

It is no secret that the USA is one of the most active countries in the forex market. The US Dollar is the most heavily traded currency in the world. Additionally, it is the world’s most dominant reserve currency. As expected, many forex traders hail from the US and more are entering the market each day.As such, countless forex brokers are popping up in the market seeking to serve US clients. Unfortunately, some of these brokers do not offer the best trading conditions. In this review, we will list some of the best forex brokers in the USA for beginners. But first, let’s go over some important questions.Is Forex Trading Legal in ...
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22 October, 2022
FCA Regulated Forex Brokers - Top 10 Picks in the UK

FCA Regulated Forex Brokers - Top 10 Picks in the UK

The United Kingdom is one of the most active regions in forex trading. In total, there are over 160 forex brokers operating in the UK. Such a high number of forex brokers confuses and makes the decision-making process for traders a little more challenging. This is especially hard for new traders. In this article, we will be looking at the best forex brokers in the UK.
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14 October, 2022
Brokers with Zero Fees on Deposits and Withdrawals

Brokers with Zero Fees on Deposits and Withdrawals

There are dozens of brokers that allow us to trade in the Forex market. All of them are in competition with each other and they all place more importance on user experience every day. Offering low transaction fees, tight spreads, advanced analysis tools and more, brokers stay one step ahead of their competitors. We often no longer have to pay fees when depositing and withdrawing funds from our broker account.
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08 October, 2022
Cent Account vs Standard Account - How Do They Differ?

Cent Account vs Standard Account - How Do They Differ?

Whether you are a beginner or an expert trader, trading on a cent account can offer a lot of upsides. The first ever cent forex account dates back to 2006. However, in recent years, this type of account has gained much popularity among forex brokers. In this review, we will be looking at the differences between a cent account and a standard account. We will also look at the advantages and disadvantages of each. Without further ado, here is our Cent Account vs Standard Account review.Cent AccountAs the name suggests, a cent account allows traders to trade financial markets using cents. Such accounts keep the user’s balance in cent...
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03 October, 2022

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All information on this website represent subjective views of the authors and they are solely informational. We do not give investment advice. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the TradingBeasts website. When you trade Forex, CFDs or other financial instruments you are exposed to a high risk of loss. We review and rate companies offering trading platforms for Forex, CFDs and other financial instruments. We do our best to warn people about scams and promote only companies we personally consider to be very good. From some of these companies, we may receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy

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