Foreign exchange-related guides that cover business and personal requirements, helping you make the best decisions when trading forex. Get more insight into the foreign exchange market fundamentals and the FX trading tools.
7 currencies account for over 80% of the volume of the forex market, and the Canadian dollar (known as the “Loonie” because of the appearance of a loon on the back of the C$1 coin as slang) is one of these major currencies, and is the fifth-most held currency as a reserve. The Canadian dollar’s […]
If you are buying that house abroad – chalet in France maybe? Beach house in Spain possibly? Typically, currency exchange is left until last. By then, the rates have moved against you and that £200,000 pounds will only get you 280,000 euros, not 300,000 euros and soon enough the sale and with it, the dream […]
Forex trading is often thought of as a way to achieve financial freedom but sadly many new traders find it an uphill struggle. Traders usually start by trying various strategies and manually entering trades themselves. However, many traders then get stressed entering positions or bored watching the trading screen for long hours. This can lead […]
Risk management is an essential part of earning a profit through trading. That's especially true in the forex market. In fact, forex risk management can make the difference between earning a fortune or losing everything.
Before you send off your hard-earned money to another country, you'll probably want to brush up on what makes different apps so competitive. Here are a few of the most promising apps with various strengths and weaknesses for you to consider before your next transaction, big or small.
Global currency markets are complex and wondrous systems. Competing national currency units trade continuously against one another, with values rising and falling due to factors such as inflation, sovereign debt, political stability, and sheer speculation. This wasn’t always the case, though. In the past, most currencies had fixed exchange rates, and relative values remained stable. […]
What is social trading? Social trading refers to the process used by online investors to access financial information. The generation of content takes place on various web applications. They are a significant source of information that is used to make online investment decisions. The fundamental aspect that makes social trading a treasure in the current […]
CFD is a form of trading where you predict the movement of fast moving leveraged assets like shares, currencies, and indices with an aim of making a profit. In this type of trading, you do not own a physical asset but instead, you enter into a contract with a CFD broker who runs a CFD […]