The foreign exchange FOREX market is a highly volatile and dynamic market that provides investors with numerous options. It is, nevertheless, a market that necessitates a thorough comprehension of the underlying ideas and dynamics. As a result, the topic of how long one should learn about FOREX before trading is critical. Recognizing the Market Before entering the FOREX market, it is critical to comprehend the market and its fundamental concepts. Understanding the currencies, exchange rates, economic…
Similarity and dissimilarities between Forex and Crypto trading. Forex Trading and Crypto trading are emerging as new profitable ways of online trading. How different are they from each other? These days there are more than one way to make money through investing in financial markets. But one might not be acquainted with all the market-related information. Therefore, it is vital to know the market before you invest. If you are a regular investor or trader in the…
Vanuatu has probably emerged as the best place to obtain a broker license in the world. It has become a favorite place for brokers. There are many reasons why Vanuatu is getting increasingly popular for Forex and Binary options. Vanuatu’s regulatory authority Vanuatu Financial Service Commission (VFSC), has made it far easier for the brokers to obtain a broker license. VFSC, which was established in 1993, is responsible for overseeing financial providers, credit services, and…
Millions of newcomers are taking their first steps in the Forex industry every year. If they can all be reached somehow and be asked the question, “Why have they joined the Forex market?” the possibility is, every one of them will tell the same story. They have chosen Forex trading for earning god fortune, to become rich. The same kind of hope will be reflected in their eyes as they are living the same dream:…
In case you don’t know, the forex market is an entity that allows traders to buy and sell currencies or speculate on the price trajectory of specific pairings. This market is one of the most popular financial entities of its type in the world, with an estimated $6.6 trillion traded globally every single day. Known for its derivative nature and inflated leverage, it’s possible to trade large forex positions with a minimal deposit and without…
There are many traders in the Forex market who do not set realistic profit return in their trading mindset. Just because Forex market is larger than a stock market does not mean all the money will come to you. This market is way more volatile than the stock market. Most of the time, traders only lose money in Forex and rarely wins. Losing is so common in Forex that is a way of saying that,…