In order to be successful in the Forex market, one should be prepared - and that's where Forex forecasting comes in. Using existing data and a variety of facts, FX forecasting involves predicting current and future market trends. To predict the...
The example of Muslim traders illustrates this well. Participation in a contract or company that involves charging and obtaining riba or interest is strictly prohibited under Islamic law. Muslims are, however, permitted to trade currencies. There is...
They are trading accounts that do not generate swaps, as the name implies. In forex, a "swap" is a fee or rollover interest charged by a broker when a trader decides to keep their position open overnight.
Admiral Markets was founded in 2001 as a multi-asset broker and international online financial trading platform. After more than 21 years, Admiral Markets has expanded to offer Forex and CFD trading to individual investors.
An electronic trading system is a trading platform that uses computer software to execute transactions in a network setting. Trading platforms can be used for free or at a reduced cost depending on the financial intermediary.
Navigate to the "drawing tools" area of your charting tool to construct a trendline. Trendlines, Fibonacci retracements, and other drawing-related technical analysis tools can be found here. Draw a line connecting peaks (or troughs) by selecting the...
Companies that sell personal information are known as data brokers. They collect data from various sources to create a detailed image of the user, which they then sell. Selling this type of information is big business: the industry is worth $200...
When you place spread bets in the forex market, you are betting on currency pair fluctuations. For example, if you believe the euro will rise in value against the US dollar, you can place a spread bet without trading the currency pair.
This floating rate implies that the rate of exchange changes. These changes are because of a mess of things. The currency pairs set the worth of 1 vs. another, and therefore the exchange rates can fluctuate supported the individual dynamical values....
New traders leave forex because they believe they can make money quickly through forex trading, and they frequently forget that mastering the game of forex requires years of hard work, education, practice, and learning skills. It is not for those who...