Monthly Archives: May 2012

Guide to Forex Trading

Guide to Forex TradingMost of the currencies in the world are valued the same way that any consumer product is: by the principle of supply and demand. When you swap one currency for another through the Forex (foreign exchange) system, you are essentially buying that currency.

Economic conditions change and this drives the value of currencies up and down in relation to one another. If, for example, it suddenly becomes desirable for businesses to outsource to Japan, corporations will start buying up Yen to expand their business in that region. This drives up the price of Yen.

Posted in Market Advices | Tagged , , | Leave a comment

Best Online Forex Broker

Best Online Forex BrokerIn the world of forex trading, even the smallest advantage can be a huge deal. Pile on advantage after advantage, and this is a whole new ball game. One thing that all forex traders have to be mindful of is having the right broker. This means that they need to make sure that their broker is able to offer them near instant execution on their trades, and they are also going to need a broker that is able to allow them to leverage up as much as possible. The more trading flexibility, the better.

Posted in Beginner Investors | Tagged , , , | Leave a comment

STP (Straight Through Processing) Forex

STP (Straight Through Processing) ForexWhen it comes to trading in the foreign exchange market, you’re going to need a broker to be able to access the market. While there are hundreds of different brokers to choose from, they are not all created equally and they do not all provide the same types of service. Some brokers are considered market makers and simply take the opposite position of you when you place a trade. Another form of broker, known as an STP or straight through processing broker, uses a different model of handling trades. Using this type of broker can provide you with some different advantages and considerations as a trader.

Posted in Forex Market | Tagged | Leave a comment

Online FX Broker

Online FX BrokerTrading in the foreign exchange market is one of the most dynamic and exciting ways to make money as an investor. If you are just starting to learn about the potential of the Forex market, you may be unsure how to proceed. While you do need a successful trading strategy, you also need a conduit to access the market. The way that retail traders access the Forex market is through an online FX broker. If you are unsure of how to use this type of brokerage, there are some basic tips to keep in mind.

What is an Online FX Broker?

Posted in Online Forex Trading | Tagged | Leave a comment

Forex Pricing

Forex PricingWhen you get started in the foreign exchange market, all of the terms and lingo can be a little bit confusing for the average person. When you log into your trading platform for the first time, it may seem like a lot of bells and whistles, and none of them make sense. As a result, the area of Forex pricing can seem a bit overwhelming at times. If you are confused about how currency pairs are priced and how this affects you as a trader, you’re not alone. Here are a few things to consider about Forex pricing and how it works.

Posted in Forex Markets | Tagged | Leave a comment

Instant Market Execution

Instant Market ExecutionThe speed at which one is able to trade in the forex market matters a great deal more than it may seem. Those who can have their orders executed the fastest are often the ones who end up with the best trades. Slower trades have to settle for whatever is left over from these instant traders. Many forex brokers are starting to take note of this and update their systems wherever possible to make instant transactions more available. However, there is one broker that has already done this.

Posted in Forex Market Advice | Tagged , | Leave a comment

Foreign Exchange Trading Firm

Foreign Exchange Trading FirmIf you’re interested in getting involved in Forex trading, there are many different ways that you could choose to trade your investment capital. Some people choose to use manual trading strategies that they learn how to use books while others rely on Forex software to do the job for them. Another approach is to work with a foreign exchange trading firm that will trade your capital for you. This can be an attractive option because of the expertise that the trading firm brings to the table. Before you get involved with this type of trading strategy, make sure that you understand what you’re getting into and how safe it actually is.

Posted in Market News | Tagged , , , | Leave a comment

Forex Low Spreads

Forex Low SpreadForex access providers often use low spread rates between currencies in order to attract and maintain forex trading clients.
Low spreads are important, but they don’t tell the whole story.

Here are some hypothetical scenarios to illustrate how trading costs and spread rates can be used in making the determination of which forex access provider or providers represents the best value for any particular trader.

The following two examples will be based on a 1000 unit transaction to keep the math simple.

Scenario 1.

Posted in Forex Market Advice | Tagged , , | Leave a comment

Forex Capital Markets

The Foreign Exchange market, also known as the “Forex” market, is the largest financial market on earth, boasting a daily average turnover of roughly $2.1 trillion (US). The term ‘Foreign Exchange’ simply refers to the simultaneous buying of one currency and selling of another. Financial currencies are measured on a floating exchange rate and are typically traded in pairs, such as Euro/Yen or Dollar/Euro. Foreign Exchange trading is not centralized on any one exchange like the stock and futures markets. Instead, the Forex market is considered an Over the Counter (OTC) or ‘Interbank’ market, since transactions are carried out between two parties using the telephone or an electronic network.

Posted in Forex Market | Tagged , | Leave a comment
Live Chat