Think of the \”platform\” as the roads and freeway system that connects all traders to the finanical markets including forex. At the base level, everyone must be connected to the Internet. On top of that layer of connection, all programs and systems must be able to talk to each other. All data must be stored [...]

Most Forex Traders are not aware that they can cut their Forex Trading costs by getting a cashback.

This is done through so called “Forex trade rebates” or “trading rebates”.

In a previous post i ‘ve already explained, how these trade rebates work. You can read the details here.

Today i’m going to show you how to get the best Forex Trading rebates

The Forex broker always earns whenever you trade. If he takes no commission, then it’s the bid-ask-spread of every trade you take he makes money on. When setting profit targets, you should regard the spread as cost of trading, which is reducing your profit potential. Another cost factor is the swap you might have to [...]

What makes a good Forex Broker? Here are 4 things to look for in a Forex Broker: 1. Tight spreads The pip spreads  should be as low as possible. Why pay more when you don’t need to? Pay too much and that is subtracted from your profit and added to your loss hurting your bottom [...]

Like with modern urban legends, when it comes to Forex Brokers, a lot of people – even a lot of retail traders – believe in quite some Forex Broker myths. Time for a little demystification of 3 “popular” Forex Broker Myths 1. Forex Brokers Hunt Stops Absolutely not.  They just don’t need to. Most forex [...]

A common question asked by retail currency traders who are new to the forex trading business is that of the commission charged for trading. Whilst there are some Forex brokers that to charge a small commission on the trade, a common practice amongst the forex brokers is to charge what is known as the spread, [...]

How to choose a good quality forex brokerAfter you are confident in the way you will go about trading the forex market, along with the money management rules you will implement, it might be time to find a good forex broker.There are many brokers out there to choose from so, it is worth while doing [...]