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Forex spreads and all available pairs Our spreads are some of the best in the market. We offer 60+ currency pairs so you can take advantage of all of the world’s major markets. See our full list of currency pairs, spreads and How does forex trading work?
When you trade the FX markets with Pepper stone, you trade using CFD products. Contracts For Difference (CFDs) enable you to take advantage of price movements in an underlying asset, for example without needing to physically hold the currency you are buying or selling. All currency pair trades involve the buying or selling of one currency priced in another.
There is a base currency and a quote currency. We offer Pepper stone’s industry leading Trader platforms are available on PC, web and which you can use to analyse the FX market. mobile. Set up your trading strategies and EAs plus conduct technical analysis on the PC and web versions with our Trade at any time anywhere with our mobile versions while taking advantage of major news in the markets when you’re on the go.
what is pip value, risk management and much more© 2022 Pepper stone Group Limited Risk Warning: Trading CFDs and FX is risky. It isn’t suitable for everyone and if you are a professional client, you could lose substantially more than your initial investment.
You don’t own or have rights in the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn’t take into account your personal objectives, financial circumstances, or needs. You should consider whether you are part of our target market by reviewing our TMD, and read our PDS and other legal documents to ensure you fully understand the risks before you make any trading decisions.
We encourage you to seek independent advice if necessary. Pepper stone Group Limited is located at Level 16, Tower One, 727 Collins Street, Melbourne, VIC 3008, Australia and is licensed and regulated by the Australian Securities and Investments Commission.
The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Razor sharp pricing from multiple Tier 1 banks with consistently competitive spreads. We offer up to 30:1 leverage which you can reduce at any time.
Place stop loss orders for risk management with no restrictions Top tier liquidity. Get all of your FX trades filled in full, with no partial execution or requotes on market orders Get 99.95% fill rate*, fast execution and no dealing desk intervention Award-winning customer support, available 24hours 5 days per week, and 18hours a day on weekends.
We’re regulated in multiple jurisdictions, including ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB.

Given eToro’s size reach, and revenues, this is a platform that is well-designed and has a lot to offer traders of all stripes. Here are the main key takeaways about eToro:
One of the largest and most comprehensive cryptocurrency offerings on the market right no What Are the Different Types of Accounts? Unlike other platforms,
eToro does not offer different types of accounts for different traders. However, it does offer perks and rewards for its users that can save them time and money: VIP Accounts: For users with regular accounts that maintain a balance of between £5k-£20k, there are five tiers of VIP membership available, ranging from ‘silver’ to ‘diamond’. Perks include a dedicated account manager, reduced spreads, a credit line from eToro, and invites to corporate events around the world. Investor Program: The popular Investor Program rewards traders with a certain level of success a special status ranging from ‘Cadet’ to ‘Elite’. Perks include spread rebates, credit, and free subscriptions to services such as the Financial.
Times. Officially regulated and licensed by numerous authorities around the world, including the FCAA user-friendly platform with a staggering range of features In-depth daily analysis across all markets and assets offered by eToro Very low minimum deposit and trade amounts compared to competitors Is eToro Safe? eToro cares a lot about its reputation and has gone to considerable lengths to demonstrate that it is a transparent and trustworthy company.
eToro has offices all around the world and is thus regulated by some of the most stringent and trusted regulatory authorities on the planet, including the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investment Commission (ASIC), and CySEC. All client funds are kept completely separate from company funds, as stipulated by the regulatory authorities that audit the company.
In addition, its regulation by the FCA means that all users of eToro are entitled to protection under the UK’s Financial Services Compensation Scheme, which covers losses of up to £85,000 in the event of a default.
eToro also deploys comprehensive security measures across its platform, included SSL encryption and two-factor authentication for users. Trading Online with eToro To markets itself as a company that offers more choices and more variety than its competitors, with over 2000 assets available for trading. As such, there is an impressive range of assets and pairs available for trading and speculation on eToro.
Here is what eToro users can expect if they sign up for a trading account: Forex eToro offers an extensive range of forex pairs for trading, including some of the more exotic pairs that many similar platforms don’t offer. Note that the spread for on eToro is generally high, with more competitive spreads being
found in eToro’s CFD and cryptocurrency offerings. Among the forex pairs available for trading on eToro are Crypto Opening an eToro Account By some estimates, eToro has customers in 170 countries worldwide, which would make it far more geographically widespread than its competitors. There are, however, some countries and regions in which eToro is not permitted to operate. These are

Given that Ava Trade has around 200,000 active monthly users which execute an estimated $60 billion worth of trades every single month, it should not come as a surprise that they offer an extensive selection of trading options. Here is what you can trade with Ava trade. Forex Those looking to will not be disappointed with Ava Trade’s offerings. As of 2020, they currently offer 55different currency pairs and crosses. Its spreads are some of the best out of any online brokerage and typically range between 0.9 and 1.7. All of the classic pairs are available for trading, as well as some more exotic ones.
These include Although not as extensive as the forex offerings, Ava Trade allows users to trade a decent number of pairs and make deposits and withdrawals via a secure, user-friendly e-wallet. The crypto trading currently offered by Ava Trade Trading on a limited number of crypto/fiat pairs, such as BTC/GBP, is also possible on Ava Trade’s platform. Anyone looking to in real-time will also find plenty to love about Ava Trade. CFD trading is powered on Ava Trade by Meta Trader 4, one of the most comprehensive CFD trading tools on the market. Users can trade a total of 17 commodity CFDs with Ava Trade. In addition, CFDs on 500 individual stocks and shares are also available, as well as NASDAQ 100 CFD trading. Two bond CFDs are also offered by Ava Trade. Opening an Ava Trade Account People in dozens of countries and territories around the world can legally trade with Ava Trade, including the United Kingdom, Australia, Hong Kong, Germany, France, the UAE, and Saudi Arabia People residing in the United States, Belgium, Zimbabwe, Iran, Iraq, India, and Afghanistan cannot open an account with Ava Trade. What Are the Different Types of Account? Ava Trade offers several accounts that will appeal to different types of traders and investors. Here are their most popular account types: Demo Account: a 21-day free trial account that you can access all of Ava Trade’s features and trade with dummy money. Retail Account: An EU version of their ‘standard’ account.
Professional Account: A specialized account tailored to users who meet a high threshold for trading volumes. VIP Account: Low spreads for those who may a deposit of €10,000 or higher. Standard Account: The regular account for traders outside of the EU. Betting Account: An account with a specific focus on spread betting. Only available to EU-based traders.
Partner Account: An account for those wishing to work as a broker affiliate for Ava Trade and earn commission by referring friends
Corporate Account: An account for those who trade under a registered company. Islamic Account an account for traders who wish to follow principles Law when trading currencies are not available. How to Open an Account with Ava Trade Opening an account with Ava Trade is a relatively simple and straight foward process.
To begin, your best bet is to head to click the links on the banners you see on this page and click the register button on the Ava Trade site Once you have done this, you will be invited to enter your name and email address, as well as a password to setup the account. Before you can start trading, you will also need to provide Ava Trade with additional personal information, including your occupation, total estimated annual income, net worth, and the source of the money you will be using for trading (options are: employment, investments, inheritance, real estate, or savings).
Next, all you need to do is wait for Ava Trade to verify your account, which typically takes a few minutes. From here, simply make your first deposit and you can begin trading. The whole registration process can be done in less than ten minutes Ava Trade Fee While Ava Trade does not charge commissions on trades, there are some non-trading fees and other fees that you’ll incur as a user of the platform, which you should be aware of: Trading Fees Ava Trade does not charge any commission on trades whatsoever. However, they do charge spreads which are generally quite competitive.
Ava Trade offers typically spreads of 0.9 pips. Users will find that Ava Trade’s spreads are more competitive for those who have deposited less money. Those with thousands of dollars in their account will likely find more competitive spreads elsewhere. Non-Trading Fees here are a number of non-trading fees that Ava Trade can impose and that you should be aware of before creating an account. There are Fee: €50 per quarter of inactivity Overnight Fee: Variable fees on trades made after 10pm GMT Ad ministrative Fee: €100 after 12 months of inactivity Fees for optional add-on services.
Ava Trade Deposits & Withdrawals There is a range of currencies available for trading and investing at Ava Trade, as well as a wide range of deposit and withdrawal methods. Base Currencies When you open an account with Ava Trade, you can make deposits and with drawls with the following currencies US Dollar Great British Pound Swiss Franc This is, admittedly, more limited than what we would expect from such an established trading platform. hat is the minimum deposit at Ava Trade? The minimum deposit amount is, unfortunately, one of the highest we have ever seen.
All traders must make a minimum deposit of €100/$100/£100. This applies no matter what method or account you are signing up for. Deposit Methods and Fees here are no deposit fees charged by Ava Trade. Whether you deposit $100 or $10,000, that money is not subject to any fees whatsoever. Deposits can be made via credit and debit card, or wire transfer (e-wallets are available for non-EU and non-Australian customers).
It Methods and Fees There are no withdrawal fees charged by Ava Trade, which is something that many competitor platforms do not offer. Withdrawals can be made via credit or debit card, wire transfer, Skrill Neteller, and Web Money. Withdrawal requests typically take between one and five days to process. Customer support Given that Ava Trade is subject to regulation by some of the world’s leading financial conduct authorities, the scope and availability of their customer support is extensive and impressive. If you have any questions or issues with your Ava Trade account, you can contact their support team during GMT trading hours via a variety of means:

Over 70 preset technical indicators Create your own technical indicators Full back test simulation of any trading strategy The advanced charts package, provided by leading software provider IT-Finance, gives you the power to view and use your charts exactly.
You can choose from a huge range of chart styles, drawing objects and overlays, and also create complex rule-based alerts to monitor your markets.
In-built technical indicator addition to drawing trend lines, Fibonacci retracements, fans and arcs, you can choose to apply any of over 70 different technical indicators to your trading chart.
Select any indicator to see how it is calculated and a suggestion of how it is normally interpreted. Then select your own parameters for the indicator. Custom One of the greatest benefits of the advanced charts package is the degree to which it can be tailored to your exact needs as a trader.
You can change the colour and styles of your charts and the chart grid, modify any of the preset indicators, or create your own
indicators. The simple Pro Builder language enables you to create your own programs using the price quotes from any of our markets. There is also a wizard to take you through the process of defining your strategy for testing.
Any modifications you make can be saved, and you can also save particular settings as quick templates for future analysis. Find out more in our Advanced Charts: Pro Builder Guide.
Full back test simulation The comprehensive Pro Back test module allows you to define your money management rules, set any combination of trigger conditions using the preset or self-generated
technical indicators and then run a full simulation of your trading performance against our historical data for that market You will receive a full statistical report on the performance of your trading strategy, breaking down the return on your initial capital, the number and frequency of trades, plus detailed lists of the exact orders and trades you would have made during the test period.
You’ll also see the equity curve, showing the evolution of your initial capital since the beginning of the simulation, and a histogram of your open positions over the test period.
Once you’ve run the simulation you can easily adapt your variables and optimise your strategy against the historical data, running as many further tests as you want.

If 2022 was the Year of the Bull for global tech stocks, then 2021 was undoubtedly the Year of the Bear. We all remember the epic rise of Cathie Wood’s Ark Innovation Fund, which posted 400% gains over a period of less than a year in 2020, something virtually unheard of for such a diversified product as an ETF. Perhaps less unexpected was the equally epic collapse that followed, with the fund losing close to 65% of its value last year.
This trend was replicated across virtually all tech-sector growth stocks worldwide, with a couple of notable exceptions. But the effect was even stronger in China, where a combination of domestic governmental crackdowns and US delisting fears both restrained growth in 2020 and aggravated losses in 2021-2022. Nevertheless, recent developments suggest that there may be light at the end of the tunnel, prompting many investors to ask: is now the time to buy China?
China has always been a minefield for western investors. The inherent risk of the Variable Interest Entities (VIEs) used by most Chinese firms to sidestep foreign ownership regulations, the opacity of these structures in terms of auditing and reporting, and, of course, the unpredictability associated with the Chinese Communist Party’s (CCP) power over the fortunes of individual companies. All of these factors were involved in some way or another in the protracted bear market that has lasted almost 18 months, but it appears that these concerns are finally being addressed (at least in part).
Following a double-digit drop on Tuesday, Chinese tech giants Alibaba, Baidu and Ten cent posted their biggest single-day gains since 2008, rising 27.30%, 20.40% and 23.15%, respectively. This comes after China’s Vice Premier Liu He commented that the government would “support various kinds of businesses’ overseas listings”, assuaging fears that China would look to block foreign investment altogether following the CCP’s release of its stringent foreign IPO rules last summer.
trouble The Chinese tech slide really began back in November 2020 with the crushing of the Ant Group IPO and the introduction of harsh antitrust regulations. Things then went from bad to worse with the Alibaba probe and the mysterious disappearance of Jack Ma in late December of that same year. Following the re-emergence of the Alibaba CEO and the final isation of the new antitrust laws, it looked as if the worst was behind us to that point, the damage had been largely local to BABA, but then the CCP turned its focus towards Ten cent and Meituan, imposing Ant-style curbs on the fintech arms of these two giants and 11 other Chinese tech firms. The summer of 2021 then saw the hotly anticipated US IPO of “the Uber of China” Didi. Two short days later, Chinese regulators launched a probe into the ride-hailing leviathan, ordering it to halt new account registrations. Then came new cybersecurity rules for companies listing shares abroad, weekly limits on children’s gaming and a hefty fine for Meituan. A double whammy

KARACHI: Taking notice of the increasing number of offshore foreign exchange trading platforms, the State Bank of Pakistan (SBP) has clarified that buying products/ services from such platforms is prohibited and against the laws of the land. In a statement on Wednesday, the central bank pointed out that these trading platforms – such as OctaFx, Easy Forex, etc – lure people through social media advertisements to buy/ invest in their products or services. The products include (but not limited to) foreign exchange trading, margin trading, contract for differences, etc,” the statement said.
Any person in Pakistan buying products or services of such offshore platforms and remitting foreign exchange directly or indirectly to them through any payment channel is making himself/ herself liable to be proceeded against for violation of provisions of the Foreign Exchange Regulation Act 1947 (FERA),” it added. nice such platforms are regulated neither by the SBP nor by the Securities and Exchange Commission of Pakistan (SECP), the public was advised to be careful and “refrain from buying/ investing in products and services of such offshore platforms to avoid any potential loss and legal proceedings under FERA”. The central bank also advised the dealers to ensure compliance with the relevant sections of FERA and take all necessary measures to stop payments to all such forex trading, CFD trading, margin trading websites/ applications/ platforms by their customers through any payment channel. The bank directed the authorised dealers to inform their customers regarding the inherent risks and illegality of such trading with any such person/ entity. Furthermore, they were advised to institute a mechanism of ongoing monitoring whereby such trading websites/ applications/ platforms are identified and blocked from making payments through any payment channel. “In case it is observed that an authorised dealer has failed to carry out the measures and has facilitated the transactions as outlined above, the SBP may proceed against that delinquent authorised dealer under relevant provisions of FERA and take any pecuniary or administrative action as deemed necessary,” the statement said. Published in The Express Tribune, May 19th, 2022.o compound matters, US regulators were running their own crackdown on Chinese tech firms throughout this turbulent period at home. Essentially, lawmakers in Washington were unhappy that many foreign companies were failing to comply with established legislation requiring all US-listed companies to submit to audits verifiable by the Public Company Accounting Oversight Board. Under the Holding Foreign Companies Accountable Act (passed in the US Senate in May 2020 and signed into law on 18 December of that same year).
Chinese companies who refuse to allow accredited auditors access to the company accounts would be delisted from US exchanges after three years of non-compliance. This naturally fueled fears among foreign investors that their American Depositary Receipts would become worthless given the CCP’s extreme reluctance to allow companies to comply with the new law. Another huge sell-off then ensued as US funds and retail investors dumped Chinese stocks en masse.So, is this the end of the downtrend, or is there more pain to come?As we have seen over the past eighteen months, this whole episode has been full of twists and turns. Periods of cautious optimism have been followed by even deeper depths of despair. Just when we thought one negative factor had been priced in, yet another reared its ugly head. That said, the previous “recoveries” were nowhere near as spectacular as what we saw on Wednesday and Thursday (16-17 March), and there was always a persisting sense of uncertainty surrounding key issues such as foreign listings, domestic regulation and financial penalties. Now, on the other hand, we have clarity on the legislative front both in China and the US (the HFCA and Chinese.
antitrust/antimonopoly laws are now final and all of the major tech companies that had fallen foul of legislation have already been fined by the authorities. This most recent statement by Liu He puts to rest the last question of whether China will allow its companies to list abroad and thus represents a key turning point in this saga. So, while it’s impossible to say whether this is the definitive turning point, it is safe to say that the headwinds have definitely quietened down, and the path to growth is clear. Enter the Dragon with offers trading on CFDs and investing on Real Shares in big names like Alibaba, Baidu and Ten cent as well as the China Large Cap ETF. Given the inherent volatility and near-term uncertainty of Chinese equities, leveraged trading may be risky. But the huge long-term potential and massive CAGR of this sector make it a good candidate for Liber text Invest clients.
With Liber text Invest, you can enjoy zero commission and fees and receive shareholder dividends paid by eligible companies Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please click here to read our full Risk Warning.
The value of an investment in stocks and shares can fall as well as rise, so you may get back less than you invested. Past performance is no guarantee of future results. Indication Investments Ltd is deemed authorised and regulated by the Financial Conduct Authority. The nature and extent of consumer protections may differ from those for firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Finacial Conduct Authority’s website. LIBERTEX is a trading platform used by Indication Investments Ltd. a Cyprus Investment Firm which is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF Licence number 164/12.urisdictional limitations: Libertex Invest is only available in EEA countries.

Our trader highlight is Ebuka Ambrose, a skilled trader with over 2.5 years of experience. He has anchored many educational events, both virtual and physical. Here is one of his latest Question and Answer Sessions Making sense of Forex Trading hat is Forex? Forex simply means foreign exchange. The Forex market is a global market where currencies are exchanged or traded. It is the largest financial market in the world, with a total daily liquidity of $6.6trn. This means at least $6.6trn is traded in the Forex market every day. Can you imagine that? Let’s consider the currency exchange we do when travelling abroad. You sell the currency of your home country to get the currency you will need in your destination country using an exchange rate.
The main objective of Forex trading is to buy or sell a currency in relation to another currency how does one make profit buying and selling currencies? The answer is basic economics. Supply and Demand Currencies fluctuate based on supply and demand because exchange rates are subject to volatility. You profit when you take advantage of the difference in value for a currency when we buy in relation to when we sell, and vice versa. or instance, if you buy $100 worth of U. S. dollars at the rate of 500 naira to a dollar, you have purchased 50,000 naira worth of U. S. dollars. If you were to sell the naira later, when the exchange rate shot up to, say, 600 naira to a dollar, your $100 would now be worth 60000 naira and make you 10,000 naira in profit. You’ve heard the phrases ‘Buy low, sell high’ or ‘Buy the dip’. Understanding market conditions and their implications for currency fluctuations helps improve the accuracy of your predictions of market movements.
This is how you make Forex trading profits. Tips For Success In FOREX Trading Avoid Unreasonable Expectation the Forex market is one with high liquidity, so it’s imperative that you approach it with a practical mind. You want to set realistic goals and keep fear and greed out of the equation.Trading is an art and should be approached as one. There is a steep learning curve with rewards in the end. Although you cannot become a master in a couple of weeks or months, the great news is, Forex trading mastery is certainly attainable.
Watch this video that likens Forex to different art forms. now The best forecasters in different industries are usually the most self-aware people there are Key: Spend a considerable amount of time in conscious introspection.
Knowing the kind of person you are informs your goals, expectations, and trading style. This is an important thing to keep in mind as you want to evaluate the risk profile for whatever trading strategy you decide on. Can you stomach the risk of loss for prolonged periods at a time? You’re likely to adopt long-term trading, leaving your trades on for weeks to months. Are you incapable of going to sleep without closing a trade? You’ll likely adopt day trading.
Your success in Forex trading is determined by you and only you. One important step before you attempt measuring your trading success is to determine what exactly success means to you. Setting a clear goal helps you make calculated moves to get there.
Bonus tip: It helps if you print your goal out and visualize it. You have to know if your trading methods are conducive to your goal. Enjoy your little beginning the initial learning phase of Forex trading shouldn’t be rushed. You need to invest your time more than your money in this phase. Solid foundations make solid structures, so take the time to understand the basics—terminology, trends, orders—before shifting focus to learning how to analyse the markets. While the majority of trading knowledge does come from trading and experience, a trader should learn everything about the Forex market before delving into it.
This includes the geopolitical and economic factors that may affect your preferred currencies. Don’t make beginner mistakes Going ahead to trade without prior understanding of the market, or giving in to greed or irrational FOMO, among other popular beginner mistakes, will cause you to lose your trading capital in no time. It is a well known rule that you should only risk 1-2% of your trading capital on a trade. Likewise, you should always implement proper risk management tools in your trading, such as stop-loss and take-profit orders. Remember these and the forces will be in your like a learner not a pro Research from Tet lock and Mellers shows there are two kinds of forecasters.
one that usually adjusts ideas in light of unexpected events; and the other kind that rarely does. While your trades should always be backed by comprehensive analysis, it is important to criticise your analytical frameworks from time to time. People who are great at forecasting market movements keep an open mind when it comes to their beliefs. To be a great Forex trader, you should be quick to accept it when you are wrong and not let your ego get in the way. Research, practice, in addition to criticising your analytical methods often, read and research! No one is successful without opening their mind to knowledge. Benjamin Franklin once said: ‘An investment in knowledge pays the best interest.’ In other words, getting adequate knowledge about the Forex market is important to help you make informed decisions when trading?

Read about the latest trends in the market and what the industry professionals are into. Find educational content. For starters, go to the educational section of the OctaFX website. Test out strategies using your DEMO account. Never go live without testing or when testing a strategy. Trading on a practice account will immerse you and give you insights into the strategy before you’re confident enough to trade using a real account. Document every thing Keep a trading journal where you document your entry and exit points and the ideas leading to those decisions. Pay attention to emotional reasons like anxiety, greed, fear and note them. Studying past trades gets you insight into your behaviour, methodology, how often you stick to your strategy, if your strategy really works, and how to modify all these for increased profit. This way, you will develop the emotional stability needed to follow your trading plan. Always review your strategy the reliability of your current system. Pick your last 5–10 trades to measure your profits and losses.
Keep in mind that leverage is a double-edged sword Traders use leverage to enhance the profit from Forex trading. Leverage is essentially borrowing capital from a broker that gives a trader the advantage to buy and sell more currency. Understanding that while leverage may boost your profit capacity, it can also amplify your losses is a first step to navigating this concept. Forex traders implement strict trading strategies that include the use of stop-loss orders to limit their potential losses, as well as moderate and conservative lot sizes that can give good profit and minimise margin loss.
Prioritise capital protection over profit Being one of the most actively traded markets in the world, Forex has the potential risks magnified for traders compared to other markets. It is a lot harder to get back from a loss than it is to grow your trading balance. In order to avoid losing money in the foreign exchange, do your homework and look for a reputable broker. Minimise risk and increase winning odds to your favour when testing analysis techniques by using a practice (or DEMO) account.
Treat your trading as a business by documenting everything and staying in the profit zone. The moment you start to make consistent loss your business has failed. Avoid failure by using proper money management techniques and controlling you Choose a reliable broker You want to trade with a broker that gives you the opportunity to efficiently utilize your trading skills. There is a lot of uncertainty around the Forex market and, frankly, your broker shouldn’t be one of your headaches. Finding a broker with all the right tools to confidently access the Forex market is a skill on its own. Ideally, you want to go with a broker that has been around long enough to learn from its own processes, that has and continues to modify their operations in a way that caters to the needs of their users. OctaFX is a reliable broker with over 10 years of experience developing the perfect trading tools for ambitious Forex traders. When it comes to innovation, speed, education, and promotional offers, OctaFX is highly recommended. gory Mankiw in his Principles of Economics outlines this one important principle: ‘Trade can make everyone better off.’ Hoping you take a hold of this world of opportunity with Forex trading. Being profitable in the Forex market goes beyond the trading strategy utilized. It is determined by a host of other factors: commitment, consistent practice, patience, understanding risks, becoming savvy, and ultimately confidence in your sein your broker. It takes just about the same input and time required to master any other art form. You, too, can join the thousands of people attaining financial freedom through Forex trading. Mastery does look like you!

The Foreign Currency Markets What are foreign currency exchange rates? Foreign currency exchange rates are what it costs to exchange one country’s currency for another country’s currency.
For example, if you go to England you will have to pay for our hotel, meals, admissions in British pounds. Since your money is all in US dollar you will have to use (sell) some of dollars to buy British pounds. Assume you go to your bank before you leave and buy $1,000worth of British pounds. If you get 565.83 British pounds or your trip, you will have to exchange more US dollars for pounds while in England. Assume you buy another $1,000worth of British pounds from a bank in England and get only £557.02 for your $1,000. The exchange rate for converting dollars to pounds has dropped.
56583 to .55702. This means that US dollars are worthless compared to the British pound than they were before you left on vacation. Assume that you have £100ft when you return to your bank and use the pounds to buy US dollars. If the gives you $179.31, each British pound is worth 1.7931British dollars. This is the exchange rate for converting pounds to dollars. you can convert the exchange rate for buying a currency to the exchange rate for selling a currency, by dividing 1 by the known rate. For example, if the exchange rate for buying British pounds with US dollars. 56011, the exchange rate for buying US dollars with British pounds is1.78536 (1 ÷ .56011 = 1.78536) dollars. This is the exchange rate for converting pounds to dollars. Theoretically, you can convert the exchange rate for buying a
currency to the exchange rate selling a currency by dividing 1 by the known rate. For example, if the exchange rate for buying British pounds with US dollars. 56011, the exchange rate for buying US with
foreign currency exchange rates? As you can see from the London vacation example, currency exchange rates fluctuate. As the value of one currency rises or falls
relative to another, traders decide to buy or sell currencies to make profits. Retail customers also participate in the forex market generally as speculators who are
hoping to profit from changes in currency rates. Foreign currency exchange rates may be traded in one of three way On an exchange that is regulated by the Commodity Futures Trading Commission (CFTC). For example, the Chicago Mercantile Exchange offers currency futures Exchange offers currency futures and options on futures products.
Exchange-traded currency futures and options provide their user On an exchange that is
regulated by the Securities and Exchange Commission (SEC). For example, the Philadelphia Stock Exchange offers options on currencies (i.e., the right but no. the obligation to buy or sell a currency at a specific rate within a specified time. Exchange- traded options on currencies have characteristics similar to exchange traders and options (e.g., a liquid, secondary market with a set size, a fixed expiration date and centralized clearing). In the off-exchange, also called the over-the-counter
(OTC) market. A retail customer
rates directly with a counter party and there is no exchange or central clearinghouse to support the transaction. This brochure focuses on the off-exchange foreign currency
market ow does the off-exchange currency market work? The off-exchange forex market is a large, growing and liquid financial market that operates 24ours a day, 5 days a week. It is not a market in the traditional because there is no central Criticism of illegal forex trading platforms trading location or “exchange Most of the trading is conducted by telephone or through electronic trading networks. The primary market for currencies is the “interbank market” where banks, insurance companies, corporations and other large financial institutions manage the risks associated with in currency rates The true interbank market is only available to institutions that trade in large quantities and have a very high net worth recent years, a secondary OTC market has developed that permits retail investors to forex transactions. While this secondary market does not provide the same prices as the bank market, it does have many of the same characteristics.

Focus on safety Captal.com puts a special emphasis on safety. Capital com group is licensed by CySEC, FCA, ASIC, FSA & NBRB, it complies with all regulations and ensures that its clients’ data security comes first. The company allows you to withdraw money 24/7 and keeps traders’ funds across segregated bank accounts Follow Capital.com to always stay on top of the latest market developments and discover forex trading tips, analysis and forecasts All-round trading analysis The browser-based platform allows traders to shape their own market analysis and forecasts with sleek technical indicators. Capital.com provides live market updates and various chart formats, available on desktop, iOS, and Android. Study live currency pairs within the platform while simultaneously browsing tailored news based on your trading behaviour Trading the difference
When trading CFDs on currency pairs you don’t buy the underlying base currency itself. You instead speculate on the rise or fall of its value. CFD trading is no different from traditional trading in terms of its associated strategies. When trading CFDs you can go short or long, set stop and limit losses. Trading on margin Providing CFC trading on margin (up to 30:1 for major currency pairs), Capital.com gives you access to the wide range of popular forex markets without you needing to have a large amount of funds in your account. Why use Capital. com’s forex trading platform A Facebook-like news feed provides users with personal and unique content depending on their preferences.
If a trader makes decisions based on biases, the innovative News Feed offers a range of materials to put him back on the right track. The neural network analyses in-app behaviour and recommends videos and articles to help polish your investment strategy. Forex trading terminology Before you enter into forex trading it’s useful to know some of the common lingo used by traders. Here’s a simple glossary of some of the terms you’ll come across:
Aussie – slang term for the Australian dollar Ask price – the price at which a trader can buy Base currency – the first currency shown in a currency pair – in USD/EUR the US dollar is the base currency Base rate – the lending rate set by a country’ bank Basis point – equal to 1/100th of 1%, or 0.01% – or 0.0001 in the price of a currency pair. Often called a “pip” Bear market/bearish – indicating a market or asset price in decline Bear – traders who expect prices to fall and may be holding short position side price – the price at which a trader can sell Bull market/bullish – indicated a market or asset price that is rising all – a trader who expects prices to rise and may be holding long positions able – slang term for the GBP/USD currency pair Counter currency – the second currency in a currency pair – in USD/EUR the euro is the counter currency
Counterparty – a participant in a transaction Day trading – entering and exiting a trade in the same day. This is the typical strategy employed on CFD trading platforms Derivative – a financial product whose value is based on an underlying asset Dollar index – a measure of the US currency’s strength relative to a basket of other currencies that include the euro, the pound and the yen. Its symbol is DX Yove/dovish – relating to monetary policy that supports lower interest rates.
Opposite of haw screen back – slang term for the US dollar, also buckawk/hawkish – relating to monetary policy that supports higher interest rates. Opposite a trading position or positions that helps reduce risk on your primary trading positionswi – slang term for the New Zealand dollar – this allows an investor to open positions much larger than his up-front capital can cover.
It means that you can multiply your profits significantly on winning trades, but risks you losing much more than your initial investment. Take note of the warnings on trading platforms that offer leveraged trading a highly liquid market has enough volume of trade to ensure smooth price movements. Illiquid markets have low levels of trading activity and can result – slang term for Canadian dollar Margin – margin is related to leverage, and represents the minimum amount of cash you need to deposit to trade at your specified leverage Margin call – when your open position moves against you, your broker will make a margin call for you to supply additional funds to cover your Open position – an active trade ip – stands for “price interest point” and is the smallest amount by which a currency pair’s price can change. On quoted currency pairs, a single pip will be 0.0001 this is the difference between the bid – or sell – price, and the ask – or buy – price on a currency pair. alternative name for the UK a minimum change in price, or a pip
What is a forex trading platform the top interbank traders to bedroom-based retail investors, all currency trading is performed on some kind of computer platform-based interface All forex trading platforms – including Capital com’s access to forex CFD trading – provide investors with appropriate tools to enable them to make their investment choices These may include research tools such as charts, historical data and access to news and analyst reports trading platforms may have a similar look and feel to those used by professional institutional traders, but remember, it’s not institutional money you’re trading with. You will be margin trading, most likely using leverage, so be careful to use the full range of tools these platforms provide, particularly the stops.

Imagine the interbank market as a financial system in which the world’s largest banks and other financial institutions are electronically, by telephone, or otherwise connected together. Some of the transactions are carried out by banks themselves, and other transactions may be executed by the bank or broker for their clients. Transactions on the interbank market are executed here both for profit and to also to hedge, i.e. ensuring risks arising from the activities of corporations.
This is the volume of interbank transactions compared to all transactions in the financial system. Small retail traders and speculators are not able to directly send their transactions in the interbank market, since access to the interbank market involves very high capital and technology requirements However for these traders it is extremely important that their provider (broker), will send all transactions for an execution to the real interbank market. It is the only place where traders can execute their trading orders without conflicts of interest, and this will enable them to achieve long-term profitable results.
The most important players on the interbank market are banks, i.e. market makers. The most active and the biggest banks in the interbank market are: Deutsche Bank, UBS, Barclays, Citibank, Bank of America, JP Morgan, Morgan Stanley, Commerzbank, BNP Paribas, Credit Suisse, RBS, and others who operate in the market as liquidity providers, i.e. they act as a counterparty to the interbank market. On the interbank market, traders can participate through true STP / ECN Direct Market Access brokers, but 98% of brokers in the world offering STP / ECN trading accounts do not send clients’ trades on the real interbank market, but instead to only one market maker which directly participates in the loss of their clients. Therefore, it is extremely important to choose the right broker.
So if you do not trade through a market maker who sets their own quotes that correspond to interbank rates, but usually they do not, then the STP / ECN DMA broker creates the lowest possible spread based on the current BIDs and ASKs of liquidity providers (banks). These banks will then act as counterparties of your transactions.
Interbank spreads of STP / ECN DMA brokers usually reflect the quality of liquidity providers of the broker. The broker then adds his own commission representing his profit to the raw interbank market spread. These spreads are shown in trading platforms, and based on these spreads clients will do their transactions. The second possibility is that the broker directly provides the interbank market raw spreads to his clients, and transparently charges commissions when opening and closing the trades.
In the picture below you can see how experienced and trustworthy (good) STP / ECN DMA brokers create a spread Depth of market A very important aspect of any broker, which is not spoken about very much, is called Market Depth. Depth of market presents different price levels and indicates what trade volumes can be executed at a given price level. Usually lower volumes are available close to the current rate and the further from the current rate volumes increase. the picture below, you can also see which counterparty will be chosen for our trade (for example – “JPM” stands for J.P. Morgan; “BNP” stands for BNP Paribas and “GSI” is Goldman Sachs International). In case you trade with a market maker broker or with an ECN / STP broker who has only one liquidity provider you will always have a single counterparty – the market maker with whom you will have a high conflict of interest, and they will not allow you to make money in the financial market.
The key to profitable trading is therefore to have a broker who chooses among a large amount of liquidity providers and always chooses the most suitable one.
Here you can see how prices are moving in the market. If some high volume orders come to the market, they are executed according to the depth of the market at a higher or lower price level depending on the type of order (short / long) and basically it takes liquidity at the current price level. This is what causes the movement of prices in the market Execution costs, slippage You can also see above why some of our trades are executed at a different price than that at which we enter the transaction to the market. The difference between these two prices is called slippage, and the amount of slippage is immediately included in the costs of our trade. And here we come to the core of the problem in the execution of trading orders. Slippage is the most important factor of trading that very often completely overshadows the spread and the commission, or any other fees.
For example, if you enter a long trade at the trading platform with a volume of 1 lot at the price of 1.35050, and the broker will fill your order at the price of 1.35055, you are immediately at a loss except spread further 5 USD .If instead your order is filled at 1.35045, then at your trade you will get a positive slippage, which increases the gain or reduces the loss by 5 USD .The slippage is a common thing, which you will get with all types of brokers, especially when you are trying to execute high volumes in tens or hundreds of lots (because of the depth of the market), or if you trade in a period of strong fundamentals – simply because of latency, since the market moves extremely fast. Slippage strongly depends on the quality of liquidity providers your broker uses, and also on the technology the broker uses. However, the problem is how the vast majority of forex brokers work – if they can fill your order for a better price, they execute it for the better price, but they do not count the positive slippage in your trade, and thus the amount of slippage goes immediately into your broker’s pocket. Obviously these types of brokers will always add a negative slippage to your trades. Poor quality brokers may even artificially increase the slippage.
Slippage in extreme cases with bad brokers can reach tens of pips, and the average of slippage will be much higher than the spread. After a hundred trades executed, the slippage at a poor quality brokers with a volume of 1 lot could lead to costs of thousands of dollars.
Slippage is the main reason why exactly the same trading strategy (for example Expert Advisor) with different brokers will always achieve absolutely different results – and there can be huge differences. Even the best strategy in the world can become a loss with a poor quality broker. Conversely, average quality trading strategies at brokers with excellent technology will achieve consistently profitable results.
As the team FX Trading Revolution, we definitely recommend trading only with a fair broker who applies both positive and negative slippages to your trades. Comparison of the results of the same automated trading strategies with various brokers, where the results differed by hundreds of a percent.