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Forex4you account opening in india
Forex4you is offering highly technological and professional service. By choosing Forex4you as your personal broker you are receiving most affordable market entry with No Dealing Desk Market Execution technology by means of BBO.You are provided with a wide range of…
Who Controls The Forex Market ?
Who Controls The Forex Market ?Many people think of the Forex Market when it comes to investing in new opportunities to make a side income. However, there is still one question that both beginners and expert traders have in mind:…
Forex Day Trading Strategies
Overview Day trading, also known as intraday trading, has many benefits. The most obvious one is that trading positions are not affected by news that could negatively affect their value. Another is the ability to protect positions through tight stop-loss…
Which currency is basic and which is the counter currency in the pair EUR/USD?
The euro is the basic currency (the first in the pair, i.e. the one you buy or sell). USD is a counter currency (second in the pair)
What is a ‘Lot’?
A lot is a transaction unit on the market. One standard lot contains 100,000 units of base currency. For example, one standard lot of EUR/USD equals 100,000 EUR. Please note that on Cent accounts you trade cent lots, where one…
What is a ‘Market maker’?
A Market maker or a liquidity provider is a company or an individual that provides buy and sell prices for a financial instrument or commodity seeking to make a profit on spread or whole trade turn.
What are the major currency pairs on Forex market?
The most traded currency pairs in the world are called the Majors, such as EUR/USD, GBP/USD, USD/JPY, USD/CHF, etc. They involve the following currencies: euro, US dollar, Japanese yen, pound sterling, Australian dollar, Canadian dollar, and the Swiss franc. www.iwinchart.com
What is a quote?
A currency pair quotation is the relative value of a currency unit against the unit of another currency in the foreign exchange market.
What does ‘Forex broker’ mean?
The Forex broker operates as an intermediary between you and the market. In other words, in order to find a buyer or seller for currencies, you can go to a broker and they match you up with either a prospective…