5 Tools To Help You Create A Successful Forex Trading Strategy

Trading tools are crucial elements that can help you find signals to buy or sell currency pairs. Through these trading tools, you can easily predict in which direction the market will move and where it will reverse. This information can prove really helpful in making trading decisions. But to have a consistent and effective forex strategy, it’s important to understand how you can make different indicators work together for a comprehensive trading strategy.

You will find one thing common in all the professional traders you will come across: their ability to manage risks. They do this using different tools like trend-following, trend-confirming, overbought and oversold, profit-taking tools and trading calculators. Let’s understand how you can develop a well-rounded trading strategy by combining these tools! Read More

A Complete Guide To Copy Trading Forex & Crypto CFDs

copy trading forex

Copy trading is a revolutionary option that has been gaining popularity since its inception in the late 2000s. Its appeal lies in its ease of use, making it a great choice for novice and seasoned traders. While copy trading strategy is most frequently used on the Forex market, it may also be used on other markets like equities and cryptocurrencies. Today, we will explain online copy trading, the several ways to replicate deals, and whether or not this novel trading strategy is profitable. Read More

The Ultimate Guide to Setting Up Your MetaTrader 4 Trading Account

MetaTrader 4

MetaTrader 4 or MT4 is one of the first names that you hear while exploring the forex market as a trader. With over 10 million users worldwide, MT4 is still popular for traders in the dynamic forex market. With its intuitive user interface, advanced charting capabilities, and automated trading options, MT4 has become the go-to choice for traders looking to enhance their trading experience. However, setting up an MT4 trading account can be daunting for beginners, and even experienced traders can need help with the process. This guide will walk you through setting up an MT4 trading account and provide tips to optimise your account settings to maximise your trading potential. Read More

What Is White Label Forex? What Are Its Benefits & Drawbacks

White Label Forex

The forex white label programme is an excellent choice for business owners or organisations wanting to enter the brokerage business. The benefits of the white label Forex program are numerous and far-reaching. By opting for the white label route, you can save significant time and money. It allows you to swiftly launch your company by utilising current technology and infrastructure rather than creating a trading platform from afresh. Read More

Understanding PAMM/MAM Accounts – Similarities As Well As Differences

PAMM MAM Accounts

Managed forex accounts provide a practical, affordable method to engage in the fascinating and dynamic world of currency trading. Whether you are an individual investor trying to diversify your portfolio or a money manager wishing to expand your investment options, managed forex accounts assist you in achieving your objectives and maximising your results. Let’s explore the subject further to learn more about managed accounts. Read More

A Beginner’s Guide to Islamic Forex Accounts

Islamic Forex Accounts

The first and foremost requirement for attaining profitable results in trading has the most suitable and favourable trading conditions to carry out the process easily. You won’t be able to get the desired outcome unless you get to trade with the most favourable conditions on your account. Every trader may have different requirements for the trading conditions that they would prefer on a personal level. Hence, forex brokers provide different types of trading accounts as options to their users, and traders can choose the perfect match for them. Islamic forex accounts are also one popular account used by Muslim traders worldwide.

Let’s learn more about Islamic forex accounts in this comprehensive beginner’s guide that promises to answer all your doubts and queries about Islamic forex trading. Read More

Beginner’s Guide to MT5 Trading

Each and every person with an interest in trading must have heard about the MetaTrader platform. MetaTrader 4 and Metatrader 5 happen to be the most widely used trading platforms on a global level. MetaTrader 5 or MT5 is the advanced successor of the classic MT4 trading platform. The developers of MT5 have done their best to ensure that each and every trader transitioning to the MT5 platform gets a better and superior trading experience. But they also have retained the simplicity and user friendliness of the former version as that made the MetaTrader suite a popular choice among traders in the first place. With this article, you will get a complete beginner’s guide to MT5 trading as we will be drawing a one-on-one comparison between MT4 and MT5, the process of downloading and using MT5, advantages, downsides, adding indicators and trading on MT5. Read More

Learn to Use a Trading Calculator With Ease

Any beginner trying to step into the forex market would get intimidated with the vast amount of knowledge that they are required to learn for becoming a forex trader. This includes many fundamental concepts, technical terms and some basic yet complex calculations.

Calculations are a must for getting the desired outcome in any task. When it comes to forex trading, calculations are crucial as they will determine your trading results in the end. You can do these calculations manually using a regular calculator but that will surely take a lot of time and effort. But a trading calculator can perform these calculations with greater ease and in no time. Read More

A Beginner’s Guide To Forex Brokers

Taking your first step into the forex market is always a challenge in itself. Understanding the functioning of the market and getting a grasp of the trading concept and technicalities surely take some time. But one crucial decision that you have to make as a beginner is choosing the right forex broker. This decision will have a major influence on your trading journey and experience as a whole. So, you need to consider several options and variables before opening a trading account with a forex broker. Today, you will be able to educate yourself about forex brokers and the role they play in trading by reading this beginner’s guide. Read More

7 Signs You’re Ready To Move From Forex Demo To Live Trading Account

All serious traders start their trading journey at the same place: Demo trading. However, they trade with virtual funds when demo trading; it is the best time for a trader to build a strong trading foundation. Demo accounts teach traders how to build a profitable trading system and get acquainted with trading conditions offered by brokers with zero risk or investment. Traders can stick with demo trading as long as they want! But let’s be all real: we are all eager to earn the first $100 from trading. 

Naturally, after a point, typically after a consistent period of demo trading, traders question themselves, “Is it a good time to switch to live trading?” Even though you know the answer, you might be stuck like a pendulum, switching between a “Yes” and a “No.” Or maybe. Read More