One of the great benefits of investing in forex trading account is that there is no one way to succeed in the markets. You can develop a unique trading strategy and find ways to make it consistently profitable. However, what attracts most traders to the industry is the opportunity for instant gratification and results which are the basis of strategies such as scalping.
Learn about the differences between the stock and currency markets and which market better suits your trading profile. Discover the different trading terms, available leverage and liquidity.
The exciting opportunities available in the stock markets are the reason why so many investors still flock to stock exchanges around the world. However, trading shares or stock online using CFDs allows for more flexible investments and higher profit potential.
The AUD/USD currency pair is one of the major forex pairs on the currency markets and is usually referred to as the Aussie. Australia is a major exporter of commodities and therefore the exchange rate of AUD/USD is strongly affected by international trade and demand for natural resources such as copper, coal and iron.
Innovation in technology goes hand in hand with the fintech world and forex brokers have always strived to remain at the forefront of technological developments in order to remain relevant and provide meaningful solutions to challenges faced by their clients.
In truth, there is no perfect system that you can abuse to make money off the market. However, it’s also correct to assume that if you let go of the bad habits and accept that forex is a speculative market, you may end up developing a strategy that actually works.
Over the weekend, tensions in the Middle East boiled over as several drone attacks hit state-Saudi owned company’s oil fields. This is the most profound disruption of global oil supply in recent history.
Despite the fact that risk management should be the top priority for forex traders or any investor for that matter, quite often, traders aim to maximize their profit potential and fail to consider the risks attached. While significant returns sometimes also carry a high degree of risk, there are tools available that can help prevent unnecessary losses.
Trump escalates trade war with a new round of tariffs and now China fights back by suspending all agricultural U.S imports. As a result, the dollar takes a dive while the global economy takes a turn for the worse.
Trading forex involves buying or selling various financial instruments including currency pairs, stocks and commodities. All these financial instruments are quoted according to the forces of supply and demand in the market and currencies that are in high demand offer the most favourable spreads.