3 things you should know before starting live Forex trading
Newbies often judge themselves incorrectly and rush into live forex trading with real money at the very start. However, trading Forex can be a lot of work all at once since it undergoes various changes and advancements, time and again. Opening a demo account can be your best bet for learning the ropes as you begin. Upon mastering the basics and honing your skills, you can dive into live trading more confidently for your pot of gold.
When to Move from Demo to Live Forex Trading Account
So, you have learned everything there is to know about Forex from pips, spreads, margins, leverage, brokers, and trading costs, and all that’s left to do is log in, select those charts, and start trading. Right? Hang on! Despite doing well on a demo account — great in fact — once you get into live Forex trading, losses can mount very quickly. This is the reality most new traders face. How? Let's find out!
WIKIFX REPORT: FXDD Launches an Industry Game Changer
The company has closed the chasm that has existed between the OTC market and Exchanges.
WIKIFX REPORT: Coverdeal FX operator no longer member of Cyprus Investors Compensation Fund
The Investors Compensation Fund (ICF) has withdrawn Coverdeal Holdings Ltd's membership in the ICF, which includes brands like Coverdeal FX, according to the Cyprus Securities and Exchange Commission (CySEC).
WIKIFX REPORT: Maxco Enhances Digital Services to Improve Trading Experience
PT Maxco Futures is one of the brokers that has been serving Indonesian traders for 30 years, starting in 1991. Maxco will alter its logo in 2021 as part of its commitment to enhance digital services. According to Brian, Maxco's Marketing Manager, the new logo is part of the company's goal to create a trading application that would improve customers' trading experiences.
Mitrade Celebrates 3rd Anniversary of Its Proprietary Trading Platform
Mitrade, an Australian Forex and OTC derivatives broker, is celebrating the third anniversary of its own trading platform.
Knowing Forex All Pattern for Easy Analysis
A trader who knows the chart and pattern that is presented in the chart will be successful. It is because traders can create the right analysis in this business.
WIKIFX REPORT: Mitrade Surpasses 1 Million Active Users Worldwide
Mitrade, a Melbourne-based Forex and OTC derivatives online trading broker, has surpassed 1 million active users from around the world in less than two years, marking a significant milestone in the company's growth.
WIKIFX REPORT: Mitrade Offers Zero Commission Online Trading on all Products
Mitrade, an Australian forex and OTC derivatives broker, has announced zero commission online trading for forex, commodities, stocks, cryptocurrencies, and key indices.
WIKIFX REPORT: Mitrade Offers Crypto CFD Trading
Mitrade, an Australian forex and OTC derivatives trading firm, has increased its product offering by including the most popular crypto CFDs.
WIKIFX REPORT: MITRADE WINS TWO ESTEEMED AWARDS AT FOREX BROKER AWARD 2022
Mitrade has been named the Best Trading Platform 2022 and the Most Innovative Broker 2022. FxDailyInfo bestows the awards, which recognize Forex firms who consistently innovate and offer user-friendly trading platforms. FxDailyInfo considers several critical elements when determining winners, including cutting-edge technology, cross-platform compatibility, prompt customer service, risk management, and rapid expansion.
WIKIFX REPORT: Mitrade Partners With Azupay for Real-Time Payments
Mitrade enters into a strategic partnership with Azupay to ensure smarter and safer real-time payments for its customers in Australia.
WIKIFX REPORT: ICM Capital grows client assets 2x to £6.1M in 2020
ICM Capital Ltd, an FCA-regulated retail forex broker, has released its 2020 financials, which indicate relatively flat activity for the year but steady long-term increase in client deposits.
06/21 Market report
【Gold】 【Crude Oil】 【Bitcoin】 【Japanese Yen】
WIKIFX REPORT: AximTrade Partners with Italian Motor Manufacturer’s F1 Racing Team
Alfa Romeo currently participates as Team Orlen in Formula 1. AximTrade reiterates commitment to technology and innovation.
Week Ahead – Top 3 Events This Week Date: June 20th – June 24th
Last week, the Federal Reserve decided to hikes rate interest rates by 75 basis points, and this was the biggest jump since 1994. Will the affects spill into this week? Find out in our week ahead article!
WIKIFX REPORT: FBI Arrests EminiFX Operator for Alleged Crypto, Forex Scams Pinterest
The Federal Bureau of Investigation (FBI) has arrested Eddy Alexandre, operator of the crypto and Forex trading platform EminiFX, regarding allegations of a $59 million fraud.
WIKIFX REPORT: Eddy Alexandre of EminiFX charged in $60M ‘double your money’ digital asset scam
The Department of Justice (DoJ) has charged a New York man with commodities and wire fraud after he allegedly defrauded hundreds of investors in a 'double your money' digital asset scheme. The Department of Justice claims that the guy stole $59 million from his investors while professing to invest in digital assets and foreign exchange markets.
WIKIFX REPORT: Gulf Brokers DMCC wins best ECN Broker Award at Dubai Forex Expo 2021
Gulf Brokers DMCC has been operating for more than 13 years and provides its investment services to both retail traders and institutional traders
How to succeed as a Forex Introducing Broker
A successful Forex IB does not deceive people, but rather acts as an advisor, with the only difference being that you earn money on the commissions you receive, and your clients make money on the trades or investments that they make.