There are different types of accounts forex: micro, standard, and VIP. The type of account you choose will depend on the amount you’re willing to deposit, your risk tolerance, and how often you plan to trade. Micro accounts are great for beginners and allow you to trade with as little as $20. Depending on where…
The Australian Dollar and Its Role in International Commodity and Forex Trading
The Australian dollar has a pivotal role in international commodity and forex trading, and it has an AAA Debt rating. The Australian economy’s political and economic stability is an added bonus. However, before beginning your AUD/USD trading career, it is important to understand the role of the US dollar, which accounts for 25% of the…
The Advantages and Disadvantages of Trading in Bitcoin at Forex
There are several advantages to bitcoin trading at the Forex market. The currency exchange market is a complex one, so it is imperative that you take the time to learn about it. Whether you’re an experienced investor or just a beginner, there is something for everyone in the market. While Bitcoin trading at the Forex…
The Different Types of Accounts For Trading Forex
Most of the funds for these types of accounts are deposited into a bank account. This is called a margin account. With a margin account, you don’t have to constantly monitor the market to place positions. This type of account is suitable for high-capital investors with little time and interest to monitor the market. Most…
Day Trading the AUDUSD Currency Pair
The Australian to US dollar (AUD/USD) pair is one of the most popular forex pairs. It accounts for five percent of the global fx market‘s total volume, and is known for its volatility and high volume. Both the US dollar and the Australian currency are used, and the AUD is the base currency, while the…
How to Get Started in Bitcoin Trading at Forex
Forex is an excellent way to invest in bitcoin. It is a global currency, and as such, the price fluctuates all the time. You don’t need physical gold to invest. The cost of trading bitcoin is much lower than that of investing in stocks, bonds, or gold. However, you should still know what to look…
Different Kinds of Accounts Forex Traders Can Choose From
Different kinds of accounts Forex traders can choose from are swap-free and non-swap. Swap-free accounts do not charge any commission for transferring positions at night. Islamic accounts are also available. These are made possible because Sharia law forbids dealing with swap accounts. There are several other features that are unique to each type of account,…
Forex Demo Accounts – Why They Are So Popular
Forex Demo Accounts – Why They Are So Popular The use of demo accounts in forex trading has been proven to be extremely useful by many experienced traders. In fact, many seasoned forex traders insist that you cannot have a profitable experience in forex without having first tried out trading forex on demo accounts before…
The Best Time to Trade Forex For Newbies
The Best Time to Trade Forex For Newbies When considering which currency pair to trade, the AUDUSD and GBPUSD are in many ways, the easiest to trade. They are also widely followed. In particular, they are the base pair in the Australian Dollar and New Zealand Dollar pairings. The popularity of the AUDUSD and GBPUSD…
Forex Trading at Forex Prices – A Guide
Forex Trading at Forex Prices – A Guide You have probably heard about the new way of trading Forex, known as “Bitcoin trading.” This is an innovative approach to trading currencies that many people are enjoying. However, you might not understand exactly what it is all about. If you do decide to get involved, you…