Forex Basics: Entry Orders
There are different types of orders that can be used in Forex trading. The most common are:
- Market Orders
- Entry Orders (stop or limit)
A market order is simple a request is sent to the Forex broker to buy or sell a currency pair immediately at the best available current price. As Forex is a highly [...]
How Currency Trading Works
Q. How Does Currency Trading Work
A. Currency is traded in pairs (for example AUD/USD), the cross rate refers to how much of one currency you can buy by selling the other. If the quote for the AUD/USD is 0.94, this means I can buy 0.94 USD (94 cents) for every $1 AUD I own.
Now, lets [...]
Learn Forex/Currency Trading Online
If you would like to learn Forex currency trading online you have come to the right place. This website contains many articles on basic information you need to know including;
- What currency trading is and all the technical terms you should be familiar with.
- How the Forex market works and when it’s open for business.
- [...]
AC- Markets – A Swiss Forex Broker
AC-Markets is a popular swiss Forex broker. Trading with AC-Markets has the following benefits:
- Open a currency demo trading account for free
- Forex mini trading accounts
- No slippage & No re-quotes
- Guaranteed fills
- One click execution
- Spreads as low as 1 pip
Free Forex Charts
Free Forex Charts are available on many popular currency converter websites. These websites generally only provide end of day prices, which may be sufficient for your needs. Many Forex brokers also provide daily Forex charts for free and include analysis of their expectations for the next trading session. This free service can be very useful [...]
Read more »Strategy Runner Teams Up With Forex Capital Markets
Strategy Runner recently announced its integration with popular Forex broker Forex Capital Markets (FXCM) No Dealing Desk trading platform.
Strategy Runner allows clients to automate trading strategies that have been created on TradeStation, MetaTrader 4, Excel or using programming languages such as C++, Java and VB. The integration will give Forex Capital Markets clients a [...]
Forex Trading Common Mistakes
Learning about the common mistakes made in foreign currency trading will help you to improve your skills and chances of being successful. Here are some common mistakes and assumptions new traders make:
- Misplacing Stops
Stops are necessary to avoid bad losses, however poorly placed stops can be just as bad. Before placing a trade the trader [...]
Opening a Forex Mini Account Is Easy
Did you know that opening a Forex trading account is as easy as opening a bank account. In most cases you only need to complete a simple form (either online or printed from the Forex broker’s website) and provide the necessary ID. One of the decisions you should make before you begin Forex trading is [...]
Read more »Trade Forex with ACM
If you are looking to trade forex with ACM you have come to the right place. The best thing you can do before investing time and money in a company is to do some research.
I was hoping to write a positive article about this company but when I started searching for reviews it became [...]
Which Forex Broker is right for you?
In the past it was pretty easy to decide which Forex broker was the best for you as there were not many around. Since the rise of internet use in recent years, Forex trading has experienced tremendous growth and so too has the number of Forex brokers. The sheer number of Forex brokers out there [...]
Read more »Currency demo trading
Foreign currency demo trading is a great way to test a forex trading strategy. Most forex broker’s offer this service, allowing you to test your forex trading strategy with virtual risk free money, some forex broker’s offer this service for a limited period (as low as 1 week) and some offer unlimited currency demo trading. [...]
Read more »CMS Forex Targets Forex Traders In Commercial
CMS Forex was founded in 1999 and is a retail Forex broker based in New York. CMS Forex has established a place in the Forex trading community with a commitment to state of the art technology, fair dealing and excellent customer service. In 2006 CMS Forex was recognized by Inc 500 magazine as being one [...]
Read more »Choosing a Forex Broker (Part 1)
Choosing a good Forex broker is the first step in successfully trading the foreign currency market. Obviously with more and more online traders getting in the Forex market, the choice of online brokers has grown exponentially in the past few years and is now almost overwhelming.
Read more »