GOLD PRICE FORECAST: XAU/USD REMAINS ‘BUY-THE-DIP’ WHILE ABOVE $1,815 – CONFLUENCE DETECTOR
Gold price licks its wounds, in the aftermath of hotter US inflation. US yields stabilize at higher levels, as DXY rockets on more Fed rate hike bets. Gold price suffers from US inflation-led blow, downside appears limited
LiteForex Scores an Amazing Hat-Trick at the Global Brands Magazine "Forex" Awards
LiteForex was recognised as the "Best ECN Broker, Africa", "Best Copy Trading Platform, Southeast Asia" and "Best Retail Forex Trading Platform, MENA" by Global Brands Magazine during the 2020 Forex Awards Program.
LiteForex Rebrands to LiteFinance Ahead of Global Expansion
The broker is planning to obtain operating licenses in new jurisdictions.
What Should I Expect From a Forex Broker?
A few years ago, trading was all about trading on your phone. There was no concept of online trading. The trader calls the broker and tells him about the trade. But now, in this digital world, the way of trading has also changed. All the trading is now performed online, and the trader performs the trading through an online broker's platform.
What is OPEC and How it Influences Oil Prices?
The Organization of the Petroleum Exporting Countries, OPEC, is an intergovernmental entity of 13 oil-exporting nations that aims to coordinate and unify the petroleum policies of its member countries. The cartel regulates oil supply in order to keep price stability by setting production quotas for its members. OPEC dominates the majority of global oil supply, making it the most powerful oil organization in the world.
FOMC MINUTES AND THE EUROZONE'S GDP CAN CHANGE THE MARKET
The Cabinet Office releases the Japanese Gross Domestic Product. It shows the monetary value of all the goods, services, and structures produced in Japan within a given period. Thus, the GDP is a gross measure of the market activity since it indicates the economic growth or decline pace.
Learn trading in the Year of the Tiger
The start of the Lunar New Year is an auspicious time to attract prosperity to your home by polishing your financial skills or learning new ones like online trading. It has become popular among Filipinos over the years, especially those in the younger age groups, because of its earning potential. The availability of online trading platforms made the practice more accessible to beginner and professional traders. Here are a few reasons why you can also enjoy online trading
Investment opportunities with energy prices up
After crashing spectacularly last year during the early stages of the coronavirus pandemic, oil prices have bounced back and surged to multiyear highs in 2021. Recently, the price of WTI crude oil shot up past $80 per barrel — its highest level since 2014.
6 HABITS OF SUCCESSFUL ACCELERATED PROGRAM TRADERS
Our accelerated accounts have opened the opportunity for aspiring traders to skip the trading challenges and go straight to a live account. Sometimes trading on live funding can be daunting to a trader and it can cause the traders psychology to faulter and lead to a breach of the account. Which isn’t good for anyone.
Why Forex Prop Trading is a Global Opportunity
Hearing from the My Forex Funds prop traders is always exciting for our company. A common question we are getting from our newer followers is – Why is FOREX prop trading such a great opportunity. We will look to address this question in this blog and hopefully provide some insight to traders new and old.
Can you trade forex in SA without a broker?
Forex trading, commonly known as FX, is a global forex market where several national currencies can be exchanged for various purposes, including commerce, tourism, and trading. Regulated forex brokers can lawfully trade in the foreign exchange market for South Africans. The fact that forex is one of the most liquid markets in the world, with average daily trading sums reaching $6.6trn, is what makes it so attractive.
Macro Insights: Cyclicals and tech bask in earnings spotlight
THE GOOD: We are half-way through a good fourth quarter S&P 500 earnings. 77% of companies have beaten forecasts, with 26% earnings growth versus last year, 5 points better than expected. European earnings are not as far along, but even stronger. This is helping international US companies. The best growth is from ‘cyclicals’ (see chart), like commodities and industrials, who are most levered to the strong GDP rebound. Tech is reminding of its earnings power, despite some misses. With some of the stronger growth and highest forecast ‘beats’. See Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL).
EAGLEFX BROKER REVIEW
EagleFX is one of the youngest forex brokers in the industry. It was founded in 2018 and has quickly become one of the best trading platforms. EagleFX offers a variety of assets that allow traders with different interests. EagleFX also offers easy sign-up and use, among other benefits for traders with different needs.
Is EagleFX Scam Or Not: A Short Review Of Traders Union
Millions of people are attracted by cryptocurrency. It is a specific digital currency, which is fully decentralized. It means no gatekeeper or bank controls the flow of digital cash. Traders are not limited and so may earn as much as they want. Of course, cryptocurrency, like any other operation with money, is a risky challenge. You may earn, as well as lose, your money. That is why the choice of a reliable and legal broker is your first step.
Veracity Markets Review – MoneyToday
Veracity market is an ECN and STP broker that offers online access to forex trading and CFD instruments. It has been doing this since 2020. The broker focuses on traders from African countries but still accepts global clients. It offers about 250+ instruments for trading, 24 hours support, different account selection, and popular MT4 AND MT5 trading platforms. Veracity markets are regulated by FSCA (Financial Sector Conduct Authority). Veracity remains one of the trading platforms that offer trading accounts to both experienced and novice traders. However, it helps to note that the trader is best suited for experienced professional traders. Keep reading to find out more about this platform.
OCTAFX UPGRADES COPYTRADING: MULTIPLY ORDERS AND PROTECT FUNDS FROM VOLATILITY
OctaFX Copytrading has been working on making the subscription process to Master Traders more transparent for the copiers, having updated the parameters a copier can set when subscribing to a professional trader.
Second Year in a Row: OctaFX Receives ‘Best in Class – Social Copy Trading 2022’ Award
OctaFX managed the feat of being awarded this a second year in a row.
Deriv: Rebranding the online trading space
One of TradeOn Summit's main exhibitors this year is Deriv, the newly rebranded Binary.com, a multi-award-winning pioneer in online retail trading.
How Deriv Trade Works – Is the Future Bright for Deriv Trade?
Deriv Trading is an online broker and investment platform having more than 6 million users. Deriv enables its users to get involved in forex, commodities, synthetic indices, stock and stock indices. It also allows users to make long-term investments as well as day-trade.
10 Best Forex Brokers in South Africa that accept Skrill
Skrill is a popular online payment provider that is partnered with globally-recognised forex brokers, providing forex traders with a fast, reliable, and secure way to transfer funds from a trading account to their bank accounts. Of all the forex brokers that accept the use of Skrill online payments, the following are the best forex brokers in South Africa that accept Skrill deposits and withdrawals.