Things to consider when selecting an online forex broker

Things to consider when selecting an online forex broker The forex trading market is the biggest market in the world and with this comes potential for large gains as well as losses. Choosing a forex broker in this competitive retail forex market can be tad consuming but it is important that you have a good forex broker. I have compiled a number of things you need to consider before selecting a forex broker and they are outlined below. A legitimate broker is important The number of brokers in the market are…

Benefits of the Metatrader Forex Trading Platform

Benefits of the Metatrader Forex Trading Platform Forex market can be quite overwhelming to a new forex trader as there are a number if questions to ask and a larger number of decisions to make. One of the important decisions to make is selecting a trading platform.  The selection of a trading platform should be done with the aid of an expert as there are quite a large number of trading platforms available. However,  in this article we are going to review the benefits of using the metatrader 4 platform.  The metatrader 4…

Benefits of Binary Options Trading

Benefits of Binary Options Trading There are quite a number of decisions that as a new trader you have to make due to the fact that the trading exchange market is very volatile and there are quite a number of risks associated with trading. With regards to binary options, there are quite a number of features that make it unique. Binary options is regarded as the option that most traders opt for. There are quite a number of benefits it binary options and they are outlined below Binary options gives instant reward…

Why are interest rates so important for Forex traders?

Why are interest rates so important for Forex traders? When we talk about the forex markets, there is one feature that trumps just about anything else. Countless people think that economic indicators may impact the markets progressively. Needless to say, you will see many reports such as inflation, employment, and so on, making a major influence. However, it is interest rates that plays a significant role in these market moves. If you deeply consider it, a jobs report may impact the FX currency pairs…

Does an expert advisor help you make money consistently in forex?

Does an expert advisor help you make money consistently in forex? It may take several years to see results in real-life vis à vis Forex trading and traders. Obviously, anyone can start making real money from trading now more than before, yet no one talks about the fatigue traders suffer to make it consistent. And because no one talks about this consistency, many traders are lost between the desire to make money in Forex, and their incapacity to make it in a consistent way. However, and regardless of the patience it…

Using a Money Manager to trade for you; Is it a good idea?

Using a Money Manager to trade for you; Is it a good idea? A money manager, or a fund manager as it is more commonly known, is an investor who trades using their client funds. Choosing a fund manager is two ways street, which means, it has pros and cons. Mainly, a money manager is anticipated to be a successful trader. The fund manager’s main goal is to utilize the aggregate pool of assets so as to make wagers on the market. New treaders use a money manager as a term as someone who trades most effectively and operates in…

5 things you have to know before you trade Crude oil:

5 things you have to know before you trade Crude oil: As a commodity, Crude oil is obviously one of the volatile machines. When your trades are done the right way, you can earn some big profits. Thanks to the volatility in the oil markets, it gives traders ample opportunities. This oil is obtained from fossils buried deep under the earth, which means, crude oil is also considered a fossil fuel. It is often called “Black gold” and It is one of the most important assets that power global economies. Hence, we can get a…