The FX market is the biggest financial market in the world comprising about $3 trillion turn-over per day. In this $3 trillion market, five per cent makes up the retail FX market which caters for retail or small traders. With the passing of time, it is now possible for a retail forex trader to trade … Read more
The popularity of news trading has increased these days as it offers higher opportunities to generate huge profits within a comparatively short period. However, not all pieces of forex market news leave the same impact on price movements. You may open an economic calendar to see which news leaves a greater impact and which you … Read more
Overview Africa is known for providing a very intricate and complex market for major private banks as a result of its unique regulatory framework and environment as well as the omnipresent risk surrounding political turmoil. This past year has seen financial giants such as UBS and Credit Suisse downsize their operations in the African continent … Read more
Nowadays trading with stocks are not just something that stockbrokers at Wall Street do. It has become an alternative to the investments that “ordinary” people do with parts of their monthly salary. To get started is easy, but there are a few things you need to know. When people think of stockbrokers the old footage … Read more
Technical analysis of the forex market is an incomplete venture without a focus on understanding support and resistance. It is the backbone connecting all the elements of analysis in the market, from studying price trends to observing charts. And if you are thinking of coming into the market for the first time, you need to … Read more
Every profession has its own set of warnings, and investing is no different. In addition to all the traditional pitfalls and dangers to be aware of, there’s a new political party in power in the U.S., which means no one can say for sure what kinds of new regulations and tax laws will be in … Read more
Trading stocks throughout the day is a lot more difficult than buying a stock and holding it for years. Think about it: traders have little room for error and if a trade doesn’t immediately go their way, prudent risk management principles need to be applied. But an investor with a five or 10-year time frame … Read more
The question regarding the legality of forex trading in Islam has been one of the most controversial in the online financial trading space. Interestingly, this question has not been answered conclusively as various Islamic scholars have different views on the subject. The development of online trading in the financial sector over the past two decades … Read more
If you’re looking to build a successful business around the concept of forex trading, there’s plenty of reason why you should target the Asian markets and entities such as Singapore. After all, Singapore itself is now home to the third-largest foreign exchange in the world, accounting for 7.6% the global market share. Hong Kong (7.6%) … Read more