AMarkets, an international broker providing access to financial markets, has increased the maximum leverage on major currency pairs to 1:3000. The change came into effect on all Accounts as of August, 2022 and is a result of the continuing development of relationships with liquidity providers. What Is Leverage? Leverage is essentially using borrowed money to increase your exposure in the market. For example, if you have a $1,000 account and you use 100:1 leverage, you can trade $100,000 worth of currency. The key benefit of leveraging is that it allows you to make a larger profit from a small move…
Author: kent
kent
I'm Kent, and I've been a Forex trader and writer for the past 15 years. Working for the forex brokers, as well as a partner over the years have increased my knowledge to help You become a better educated trader.
If you’re new to forex trading, there are a lot of terms and concepts that you need to learn in order to be successful. To help you out, we’ve compiled a list of five essential forex trading terms that you should know. Pips – A pip is the smallest unit of price movement in the forex market. In most currency pairs, one pip is equal to 0.0001 of the quote currency. For example, if the EUR/USD moves from 1.3550 to 1.3551, that would be a one pip move. Lot – A lot is the standard unit size for transactions in…
Like all online businesses, forex brokers need to find ways to make it easy for their customers to deposit and withdraw funds. To that end, many brokers now accept Paypal as a form of payment. In this blog post, we’ll take a look at the advantages of using Paypal to deposit and withdraw funds from a forex broker. Advantages of Using Paypal for Forex Deposits and Withdrawals There are several advantages of using Paypal to deposit and withdraw funds from a forex broker. Perhaps the most obvious advantage is that it is quick and easy to do. You can make…
M4Markets has made some exciting changes to its 50% Credit Bonus. What’s New? Up until now, the M4Markets forex bonus was not withdrawable and traders could only withdraw their profits. However, they’ve just updated their terms and you can now withdraw some of your credit bonus depending on the volume you have traded. How Does It Work With each lot you trade on a Standard Account, they will instantly transfer 2 units of currency and add them to your balance. With each lot you trade on a Raw Spread or a Premium Account, you will have 1 unit of currency…
Forex traders are in the market to make informed trading decisions and minimize their chance of losing money. As a result, a Forex trader uses a large variety of analytical tools. Some traders are exclusively interested in technical analysis, while others are only interested in fundamental analysis. There is no best one, but the greatest traders combine the two to understand the market better. So even the most seasoned trader begins their preparation by spending a significant amount of time reviewing foreign currency pair charts and researching the various economic data that are the market’s key drivers. As a result,…
One of the most common mistakes new traders make is diving right in. Learning to trade take time, and the more you prepare, the better your chances are of doing well. Here a few steps you can take to make sure you’re as ready as possible for that all important first trade. Step One: Trade On A Demo Account One of the smartest and safest ways to learn to trade is on a demo account. Demo accounts allow you topractise trading in a risk-free environment with a virtual balance. This way you can practise watching the markets and setting up…
Success, in forex, comes from making good trading decisions. But as a new trader, how do you know which currencies to trade? In this article, we’ll cover the eight major currencies in forex. What are Major Currencies in Forex? “Major currencies” are the most profitable currencies for trading in forex. They have the highest liquidity and as such are traded more regularly. All currencies are denoted using ISO-4217 symbols. Here are the symbols for all the major currencies: USD = the US DollarEUR = the EuroGBP = the British Pound Sterling JPY = the Japanese YenCHF = the Swiss FrancCAD =…
XM has a special offer for advanced traders in need of a VPS service. About The Offer The XM VPS allows you to remotely connect, with optical fibre connectivity, to a Virtual Private Server (VPS) located just 1.5 km away from their main data centre in London. Taking advantage of this service enables you to get the best available trade execution, without having to worry about other factors that can impede your trading, such as internet connection speeds, computer failure, or power cuts. Trade With EAs You can use the VPS to trade with EAs. Via the XM VPS, your…
To start, let’s look at three ways of analysing and developing trading ideas. There are three main types of market analysis. These are technical analysis, fundamental analysis, and sentiment analysis. Many traders choose to stick to one type of forex analysis is better, but the best traders usually know how to do all three types of analysis. Technical Analysis This type of market analysis involves studying price charts. The goal is to use difference charts to understand historical price data and recent price trends. You can then use this information to understand how prices may change in the future and…
Instaforex is offering its traders a 100% bonus on first deposits. It is open to new traders who want to open their first live trading account. It is also available to existing clients who want to open a second online trading account. How To Get Started Things To Note Bonus funds are not available for withdrawal and are credited to deposit up to $2000. You can withdraw all the profit from these funds without any restrictions. Limited-time offer only. T&Cs Apply. About Instaforex Instaforex is one of the best forex brokers on the market. It is a large, international broker…