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.
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 […]
The foreign exchange market has become one of the most fashionable markets for retail traders in less than 20 years. Go to Google’s app store or iPhone’s app store and you’ll find hundreds of forex trading apps that promise wealth and riches if you download their app and start trading currencies today. But, is it […]
The principle that lies behind the idea of the Forex market started with when metals such as gold and silver started being minted into coins. People would use the value of these metals in coin form to pay for things. When this time in monetary history started is when we can say that the Foreign […]
When taking your first steps into the world of Forex trading a handful of things to ensure you do are key. These include sticking to a budget, never jeopardise your financial existence on an FX trade! Be sure to risk manage or hedge every trade your make and only ever start trading when you have […]
Credit cards can be a convenient and safe way of travelling and funding a holiday, but will your charges be excessive? Here are a few points for consideration before purchasing currency or making travel plans.
With the development of online FinTech and app-based forex trading platforms the FX beginner has a multitude of solutions available in order to trade at home or pursue an FX trading hobby. MetaTrader 5 Forex Trading Platform MetaTrader 5 is a forex trading platform that is completely free to download. It allows an amateur forex […]
The most traded currencies on the FX market are the U.S Dollar, The Euro, The Japanese yen, The Great British Pound, The Swiss Franc and the Canadian Dollar. The US Dollar or Greenback as it sometimes fondly known as is by far the most traded currency in the world. The Dollar is paired with all […]
Foreign exchange pricing between currency pairs fluctuates daily and is driven by a number of factors including, market sentiment, economic data releases, interest rates and political stability. All of these factors ensure the market remains active and therefore exchange rates and pricing change by the second. Monetary policy – interest rates and QE Many central […]
Put simply the Foreign exchange is a worldwide market where currencies are bought, sold and exchanged. The Market as we recognise it today began to be implemented in the 70’s as previously it was heavily limited by governments for decades. As the largest global market in the world the Foreign exchange market or FX for […]