Setting up your own forex brokerage. Setting up your own forex brokerage and trading business can be a challenging yet profitable venture. There are numerous things you’ll need to do before opening up shop. This guide will give you all the information you need to know from a legal, accounting and taxation perspective. Starting your…
Forex trading basics rules. Forex trading basics rules usually refers to a set of rules that describes in detail all the aspects of forex trading. Various factors should be taken into consideration by traders when they begin to trade such as forex trading strategies or risk management strategies. The most important rule regarding forex trading…
Download forex profit supreme. How useful is the forex profit supreme indicator? There are lots of indicators in foreign exchange trading. And there are lots of scams too. So, how do you judge them? Most indicators will have some value to traders, but equally they can all be influenced by external factors. Some will just…
Accounting for foreign exchange swap. The Financial Accounting Standards Board (FASB) defines the accounting standards for foreign exchange swap as: “The FASB has defined a foreign exchange derivative as an exchange of one currency for another in a transaction that requires delivery of the underlying and forward settlement.” A foreign exchange swap agreement is an over-the-counter…
Create your own forex robot. In this article I will show you how to make your own forex robot. It does not matter if you are a programmer or not. After we go through this series, you will have some knowledge about the subject. I wrote it for beginners and intermediates, so everyone should be…
Why is there swap in forex? What is swap in forex trading? In this article, we will discuss the reasons why the average forex trader should be aware of the existence of money market instruments. In the forex market, swap is a trading convention used to refer to the two legs of a currency transaction.…
Will forex trading ever stop? Forex is short for Foreign Exchange and is the process of buying one currency and selling another. Forex is also an abbreviation used to represent forex trading. Forex trading has become a multi-billion dollar business world-wide as people from all walks of life have become attracted to the potential profits…
Can forex trading be a business? It’s no secret that there are many full-time forex traders out there. There are also countless of successful forex traders out there too. So the question is: Can forex trading be a business? The answer, in my opinion is yes. I’ll admit it: The thought of trading as a…
Fx swap and currency swap difference. When in the process of capital and currency management, you may have found yourself asking an important question: “What’s the difference between FX swap and currency swap?” Forex swap and currency swap are two common international spot forex related transactions and both firms that wish to reduce the risk…
Forex high leverage risk. Forex high leverage risk. In several situations, people are attracted to Forex trading because one can use a high leverage, which implies that one can trade with a lot of money while keeping his or her own deposit as low as possible. The majority of foreign exchange brokers offer this to…
How often exchange rates change? Whether you’re planning a holiday overseas, or thinking of sending money to family in a different country, knowing how often exchange rates change can help you work out what is the best day to make your purchase. It is a frequent question: how often does the exchange rate change? How…
Forex leverage risk management. What Is Forex Leverage? Before we discuss Forex leverage risk management and how to put it in practice, it is important to understand the details of this instrument. Forex leverage is a loan provided by a broker at the time of trading that multiplies the base investment by the leverage factor,…
Can you trade forex without stop loss? Many traders often wonder if it is possible to trade forex without setting a stop loss. In this post we will discuss this way of trading and find out whether it is a viable option. Forex traders use stop loss to control the risk. It is obvious that…
Can I make money with forex leverage. Yes, you sure can. In fact, most consistently successful traders use leverage. I’ll show you how to use leverage and how not to use it in forex trading. It is a common question. To start trading in the forex market with leverage, you need to know how to…
Forex trading market sentiment. Forex trading market sentiment is the overall attitude of Forex traders regarding the recent gyrations of the forex currency markets. The forex trading market sentiment is a measurement of the attitude of traders. It can be used to gauge which way prices are likely to go next. The indicator might be…
Foreign exchange leverage explained. The basics of foreign exchange leverage explained, plus a look at some of the questions frequently asked by those who would like to know more but don’t have time to do in-depth research on their own. There’s no question that foreign exchange (forex) trading is one of the most exciting investment…
Can forex make me a millionaire? When I heard about forex trading back in 2008, I had the same question everyone else does: “Can forex make me a millionaire?” As a matter of fact, this is the single most commonly asked question among investors. A Google search for “can forex make me a millionaire” returns…
What forex leverage should I use? Forex leverage is one of the most controversial topics of the forex industry. The primary reason why some traders choose to use leverage and others don’t, is because they don’t have a proper understanding of how leverage works. A lot of beginners put themselves in a position where they…
Forex and the interbank market. Forex and the interbank market are similar in many ways; both have high liquidity, low latency, and huge transaction volumes. However, they also have a number of key differences that end-users should understand in order to ensure that their forex brokers are the right choice for their individual needs. Forex…
Difference between forex swap and currency swap? For those who are into foreign exchange or FX, you may have heard of currency swap. They are two different types of financial transactions. Currency swap involves the same parties from both sides whereas forex swap is only between the seller and buyer. Let’s investigate in to learn…
Forex leverage vs margin. A forex leverage and a margin mean the same thing. You can use either term and be understood by others when you speak of these terms. The reason why we have both words is simply because different market platforms use different terms to describe the same idea. One of the most…
Can I make money from forex leverage? Forex trading is one of the most common type of financial trading. There are many forex traders in the world due to the availability of leverage. This allows traders to trade with a lot more capital. In previous blogs, we’ve discussed about how you can avoid forex scams…
Top 5 things to know in the market today. The economy is fluctuating more than I want to think about, which means there are a few things you should know. Let’s take a look at the top 5 things to know in the market today. There are a number of things which can affect your…
Which investment bank pays the most? It is no secret that investment banking is the best paid industry in finance. But which banks are the winners? What are the bonuses in investment banking? The salary survey shows the high figures in investment banking. Investment banks have a number of reasons to pay their employees more.…
Can I earn money without investment? There are many people who run into scams and frauds on the Internet. A lot of websites promise to make millions but instead, they just take money from their members. When searching online for a program that can help a person to earn money without investing real cash, there…
How should a beginner start investing? If you found this site then you’re probably interested in learning how to invest in the stock market, which is great! It’s a valuable skill that can pay off big time if you learn how to do it right. Unlike some industries, in the financial industry there is always…
What is a foreign reserve? A foreign reserve is a controlled amount of assets, typically gold, held in a central bank. As an example, the United States has gold reserves of eight thousand eight hundred and sixty-five metric tons as of 2010, this represents 75% of their reserves. As of 2011 China, France and Russia…
How foreign exchange reserves work? Foreign exchange reserves are a central bank’s government-owned assets. They are held in different currencies and are used to support the country’s balance of foreign trade and help maintain overall financial stability. While countries with forex reserves generally benefit from a low borrowing rate, it also leads to extreme volatility…
Investment with compound interest. When you are looking to invest your money, why not make it grow? With this principle in mind, you might want to take a moment and consider investment with compound interest. It’s the long term effect of interest earning a return on the returns it produces. Compound interest is one of…
What investment account should i open? What investment account should I open? It’s a question you’ve probably asked yourself if not every day. And, like any good question, this one can be broken down into three separate sections: which type of account, which specific broker, and where to invest. In the following article, we’ll cover…