Author: Thumper
If you are going to the forex world for trading and want an Android app that can help you, then you must consider the apps that I have mentioned in this article. These are the best apps that offer lots of useful features along with technical support, resources, and simplicity. Reliable Forex Trading Apps for Android These are the most reliable forex trading apps for Android: 1. The Trading Game It is an excellent Android forex trading app. This is the best choice for users who are looking for an app that will help them to learn to trade and…
If you are going to trade in the forex market, then you must have all the knowledge that you need before trading. Now, there are lots of terms that you must understand if you don’t know them that you will need every day in your trading, then you must read the below article carefully. Important Terms for Forex Traders These are the terms and notes of forex trading that all traders must know: Spot Forex Spot forex refers buying or selling of real currencies. Let me give you an example; suppose you have bought Japanese yen and exchanged it for…
You may be wondering whether or not forex trading is legal. Regardless of whether or not you’re a professional trader, you should be aware of the potential risks involved. Forex trading involves buying and selling currencies at the same time. Each pair has three letters: the first two letters are the country name and the third is the currency. For example, INR stands for the Indian Rupee, USD stands for the United States Dollar, ECD stands for the Eastern Caribbean Dollar, and JPY stands for the Japanese Yen. In countries that understand forex trading, authorities attempt to regulate and legalise…
Car shipping is a scam. It is a way for car dealerships to sell cars without having to deal with the hassle of selling them. The dealership will ship the car to an address of their choice, and then they will wait for the customer to come back and pick up their new vehicle. While it sounds like a good idea, there are many reasons why it is not worth your time or money. For one thing, you can’t inspect the car before you purchase it. And if something goes wrong with your car during shipping, there’s no guarantee that…
If you are thing about doing forex trading, then I must tell you that you should research first and know everything about this market. Besides, you must also follow the expert traders and what they do and where they invest and learn from them. These will help you to how to invest in this field. And, you can follow my tips too. Important Forex Trading Tips These are the tips that every forex trader must consider before exchanging currencies: Know Your Market The forex market is a very unstable market. I mean, forex rates change very quickly, quicker than the…
There are two ways to determine your trading style. You can define a general style, which you will stick to, or you can define specific goals. The latter is preferred by most traders, as it gives them an objective to aim for. Define your goals and trading style by writing them down. You can make your goals process-based, or you can define a specific set of steps to follow. Define your goals by looking at the market and trading in a certain manner. For instance, an aggressive trader might set a weekly goal of 5% or $5,000. This goal is…
People who are thinking about forex trading and want to jump into the forex market right away, just hold your horses and take a look at some of the most common mistakes that all traders make in their career. All beginners should learn from these mistakes and try to avoid these mistakes. Mistakes Made by Almost All Forex Traders These are the most common mistakes that most forex traders make: Lack of Homework It is extremely crucial that all forex traders must do their homework before entering the forex market. Now, homework means proper market research and analysis. Now, without…
To start forex trading, you will need a forex broker first who will provide you with a platform where you will be able to trade currencies. Now, to avoid risk and earn a profit, you must choose the most reliable forex broker for yourself. If you don’t know any good broker, you can choose one from here. Most Reliable Forex Brokers These are the most popular and reliable forex brokers whom you can consult: 1. FOREX.com It is considered the best and most popular forex trading platform ever. That is because it is a one-stop trading platform that offers lots…
The CFTC and NFA govern the forex market in the United States. Every forex broker in the country must register with the agency. There are a number of things to consider before choosing a forex broker. First, read reviews of the broker’s services. ForexbrokerGuru is a website that tests and ranks the best forex brokers in the USA. Read this article to find out more. It will also tell you whether the broker is a good choice for traders from the USA. Another important aspect to consider when selecting a Forex Broker in the USA is their regulatory status. All…
There are many things to look for in the Best Forex Brokers In uk. The most important thing is to look for a broker that is regulated by the Financial Conduct Authority (FCA). This regulation ensures that a broker’s activities are supervised and client funds are kept safe. You should be careful to stay away from an unregulated broker, as it can result in you losing money. To avoid this situation, you should look for a broker with a good reputation and a low amount of complaints. Another important thing to look for is the type of account that you…