1. What is the best Forex platform?
There is no one way to answer such a question. This will of course depend on the trader, in accordance with his preference, knowledge, experience as well as what he intends to trade (which financial instrument). Many intermediate-experienced traders, especially when trading on the currency market, prefer to use platforms such as MT4 or
Most people lose all their money in forex, at least the first few times they load up their live account and try to profit from platforms trading. They start out with demo accounts with the platform, most probably with Meta-Trader 4 as it is the most widely used and they practice varying strategies and at least master the basics of
Foreign exchange rate is defined as “the rate at which one country’s currency may be converted into another”. Money exchange rates are determined by several factors including, interest rates, current account on balance of payments, economic growth and inflation.
If you are an expat sending money home; an aspiring Forex trader; a finance enthusiast who is enamoured by world economics, then
As a professional currency trader I know how difficult it can be to make money on the forex market. It is a well known fact that most people who indulge in forex trading online lose – just ask any forex broker how many depleted, dormant, trading accounts they have on their books.
The internet is awash with advertised failure rates of
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