How to avoid trading scams
With a daily average trading volume of more than 6 trillion US dollars, the Forex (Foreign Exchange) market is huge. Scammers are attracted to large sums of money. By employing "secret algorithms" or clever bots to perform trading for you, the majority of Forex trading scams guarantee unreal and speedy returns. Scams in the trading world are more widespread than most people realize. That's why it's critical to understand the various types of trade hoaxes out there and how to tell the real ones from the fakes. Here are some suggestions from us.
The Greenback Takes a Hit as the Euro Makes Gains
The European Central Bank hinted that it will move away from negative interest rates, causing the euro to rise in value as the US dollar index fell on Monday. Following last week's drop, other risk currencies and US shares rose in tandem with European markets.
HotForex Broker Reviews
Hot Forex is a section of the HF Markets Group that caters to traders based outside of the European Union. The European division of this company is known as HF Markets. Since 2010, the organization has been a multi-national online Forex broker.
Learning about Bollinger Bands Technique for a Swing Trading
Bollinger band itself is one of the most famous options and it was released by someone named John Bollinger. It is identical with the ability to display three different lines or band along the price movement.
06/02 Market report
【Dow Jones】 【EUR】 【Crude Oil】 【Bitcoin】
The Advantages of Swing Trading to Get a Profit
The traders just need to buy in a low position and then sell when it’s high. It means that the buy or sell execution are right on the price reversal points. What is the effect? This situation pushes the traders to get the maximum profits right when the price is leading to certain position. Here is more about the advantages of swing trading and its detail.
Forex 101: Free Online Forex Course
The first stop for new forex traders is educating themselves about the market. Similar to any investment, forex trading requires more than capital. Equipped with knowledge and the right educational resources is the key for a lucrative trading experience.
06/01 Market report
【Dow Jones】 【EUR】 【Gold】 【Crude Oil】
WIKIFX REPORT: AXI’S UK BUSINESS DOUBLE REVENUE TO £10.8 MILLION
Axi’s FCA-regulated entity reported has reported its financials for the fiscal year ending June 30, 2021. The report showed impressive metrics after seeing revenues and customer activity double even as the pandemic trading boom fizzled out.
WIKIFX REPORT: AXI: AXICORP REGAINS TRUST OF NEW ZEALAND REGULATOR
“AxiCorp has since demonstrated to the FMA that it has taken adequate steps to address the material breaches and that it has adequate systems, processes and resources in place to ensure compliance with the FMC Act and to effectively perform services under the license”, the FMA stated.
WIKIFX REPORT: Velocity Trade Selects Integral For FX Technology
Integral, a major FX technology provider, said today that Velocity Trade, an international broker dealer, has chosen it to use its workflow automation and trading technology across its eFX and CFD trading network.
WIKIFX REPORT: Exclusive: Velocity Trade hires Axi’s Daniel Beale as Senior Sales Trader
FNG has heard that Velocity Trade, a Canadian broker-dealer, has expanded its international footprint by employing Daniel Beale as a Senior Sales Trader in London.
WIKIFX REPORT: Integral to Provide Workflow Automation to Velocity Trade
Velocity Trade will use Integral’s workflow automation and trading tech across its eFX and CFD network.
WIKIFX REPORT: Velocity Trade Capital starts covering Goldshore Resources with 'Outperform' rating
The global broker-dealer said in a note that its target price reflected a company with an advanced exploration asset, "ample amounts" of key infrastructure in the region, and "significant scale and resource expansion potential" beyond its 4 million ounce gold historical resource that would be of interest to major mining firms, as well as "significant scale and resource expansion potential" beyond its 4 million ounce gold historical resource that would be of interest to major mining firms.
WIKIFX REPORT: TraderEvolution Partners with Velocity Trade to Deliver its Trading Platform Solution
TraderEvolution is used by the broker to connect to the exchange and offer access to global marketplaces and digital assets.
WIKIFX REPORT: FOREX4YOU WINS ‘BROKER OF THE YEAR INDIA’ RECOGNITION BY FOREXRATING.COM AWARDS
The ForexRating.com Awards once again came out with a fresh verdict for its highly-respected award winners. The accolade for ‘Broker of the Year India’ goes to one of the investment industry’s leaders, Forex4you.
WIKIFX REPORT: IFC Markets adds four new Crypto Currency pairs
IFC Markets allows clients to replenish instruments at any time, and traders all over the world can trade CFDs on the most prominent cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XPR), with a broker 24 hours a day, 7 days a week. Traders can even design their own fake instruments using IFC Markets' GeWorko Portfolio Quoting Method.
Growth of Forex Algorithmic Trading Strategies
If financial technology hadn’t emerged, forex trading would still be confined to a small group of people: tycoons, yuppies, investment bankers, and a few prominent figures on Wall Street. Thanks to technology, today’s traders can trade a wide variety of currencies quickly and easily from the comfort of their homes and benefit from faster order executions, secure payment methods, better market analytics, as well as a forum for safer trading.
Oil Primed for Price Rally? Author – Connor Woods, Senior Market Analyst Date: June 1st
Oil prices continue to yield profits for traders buying this market. Despite it seeming overstretched, the fundamental outlook remains robust. Check out this crude oil price analysis now.
These Are How Millionaire Forex Traders Think and Act
In general, traders must always be consistent to get all those profits. They can become one of the successful traders in the best forex broker. But if they don't do all that, their trading career can be in vain, and fail to make a profit. Most people fail in trading, but you can't be one of them. You must be able to follow the habits of thinking and acting of successful traders, and the most important thing is to know what trading values they always have and implement.
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