Forex Trading

A discussion of forex trading online can never be complete without reviewing the state of forex trading across the world. Where is forex trading online allowed? What countries have restrictions on forex trading online and where is the trading of forex banned? Here is a short list of countries that fit these three descriptions.1) Countries where forex trading is allowed United StatesUnited KingdomItalyCyprusAustraliaCanadaJapanMaltaIndonesiaBulgariaSwitzerlandRomaniaGermanyMost countries in Central and Eastern Europe 2) Countries where forex trading is restricted Forex trading is allowed in these countries, but with restrictions from the central governments. These restrictions border on the amount of money that can...

The geographical location of forex brokers is one area where there is a huge disparity. Most of the forex brokers in the world today are located in the US, Europe (UK and Cyprus specifically), Asia (Japan, Singapore, Australia) and the Middle East. There is hardly any brokerage presence in Africa. This has led to a situation where those who trade forex in countries where there is no physical brokerage presence are at the mercy of the offshore brokers and the regulations issued by the agencies that regulate and supervise these brokerages.1) USAfter the September 11, 2001 terrorist attacks in the...

WHAT IS FOREX?Forex is an international financial market where traders exchange currency and earning money on the growth or fall of those currencies.The basis of trade is selling or buying of so-called currency pairs - for example EUR/USD. This means that the euro is bought or sold for dollars. If you think that the euro will grow in relation to the dollar, you make a deal, and if you were right - you earn money. If the euro went down you will lose money. Remember, that you can control the amount of funds that you will earn or lose in...

HOW TO CHOOSE A BEST BROKERA broker is a company that acts as an intermediary between the buyer and the seller in concluding deals. Basically, this is your bank, where you savings are stored, and when you are making any trades, broker puts these orders to the interbank market (an ordinary trader can’t get that far). The broker charges a small commission for every trade you make (you pay the difference between buying and selling rates) and this is broker’s earnings. The difference between buying and selling rates is called spread.You need to be extremely careful when choosing a broker,...

We have prepared a detailed step-by-step manual on how to get from knowing nothing about the Market to making money using automated Forex trading software provided by FxTradingTools.1. The first thing that you need to do is register on our website. Next, you need to choose a broker that trades at Forex market and supports MetaTrader 4 platform (also known as MT4). It’s the most popular platform out there, so you shouldn’t have any difficulties with that. More details you need to know about choosing a broker you can find down here.If you don’t want to dwell on this matter, bellow...