Hello, dear forum members.
I hope you will help me with my search.
I am searching for a trading platform with the following features:
1. The min. lot size 0.001
2. The opportunity to open opposite positions at the same time with the same volume
3. The opportunity to close a part of the...
There are two types of spreads in Forex market: fixed and floating. Floating spreads vary depending on the market behavior, while fixed ones remain unchanged regardless of any event. In general fixed spreads are wider than floating ones; from 2 to 3 pips, however in periods of major events...
It depends only on the trader. Study Forex trading for some time. Fortunately, nowadays the Internet is full of free educational materials and if you are hard-working this business becomes quite simple for you. Naturally, demo (demonstration) account is your next step. Gain practice buy trading...
Let us talk about support quality of Forex brokers. Characterize a high-quality support from your point of view and do you take this aspect into account while choosing the broker? Later I will share my thoughts about this aspect.
It goes without saying that MT4 is the most popular one and it has already established itself as the most reliable. Besides MT4 I also use NetTradeX platform. They are quite similar in functionality, however there are some differences.
Actually, there is much difference between Forex and Stock markets.
1. Forex is considered to be over-the-counter exchange. It means that you can trade Forex from anywhere in the world, even using an iPhone or an iPad. As for Stock market it is centralized, i.e. it is located mainly in one...
Mainly because you can trade Forex from anywhere and anytime you wish. Here you are independent, there is no boss who will tell you what to do and when, there are no colleagues with whom you are in competition. No need to wake up early and hurry to work. So, you are totally free in your actions.
Each newbie should know that:
1. There is no general place for Forex trading. Forex is realized through brokerage companies. So it is very important from the beginning to choose a reliable company.
2. He has an opportunity to trade with several times more volume than his actual deposit. Leverage...