Forex for Beginners - Trading Articles 2020

Forex market is also sometimes referred to as "currency exchange market" or "fx market". Forex market is comprised of various kinds of agents and operators, including banks, funds, large and small investors. Online currency market operates around the clock and it is possible to trade forex from anywhere

Before starting trading on a real account, forex beginners need to learn and understand basic concepts of currency trading, to get acknowledged with types of trading strategies and forex platforms, to know what can be spreads and leverage in forex, to remember the basic principles of risk management, and to understand the importance of licensing in the forex industry. And, the idea of forex for beginners would be incomplete without a very special concept of online trading, that is, binary trading. Binary trading is becoming increasingly popular among novice traders due to its comprehensible structure and fast operations.

As for the types of forex trading accounts, they are specified by deposit amounts and operational functionality. A trader new to forex is recommended to start with demo account to understand the principles of currency trading while not putting their own funds at risk. The real money accounts can be standard, mini, micro, or managed accounts. The first three types are based on differences in the initial deposit and in leverage. A managed account type makes a class of its own and is addressed to large investors who prefer to entrust trading operations to the forex professionals.


What are currency interventions

The Central Bank of any state performs a number of special measures aimed at stabilizing the national currency, which, of course, is a necessary...

Olymp Trade
How to Trade against the Crowd?

The concept of the market crowd has long been known by traders. For many, it is a symbol of inefficient and erroneous trading decisions...

Features of Trading Advisers Usage

Many novice traders are wondering whether forex advisers, or trading robots, should be used in Forex trading. There are quite a lot of opinions...

What is a market maker?

Novice traders, once in the arena of the foreign exchange market, rarely thinks about who they are buying a particular trading asset from. Much more...

Greed and its influence on trading results

Professional traders know that currency speculation sometimes awakens the most powerful human emotions that are periodically uncontrollable...

Choosing a broker: how not to make a mistake

Different investors, or traders, search for their reliable forex broker using different scenarios. Some of those scenarios are successful, some of them are not...


The Psychology of the Crowd on Forex

In financial markets, the concept of "psychology of the crowd" implies the same behavior of all market participants in specific situations. That is if the...

USG
Ten Fun Facts about the Forex Market

The Forex market operates twenty-four hours a day with markets open across the world. The market continues to grow in popularity...

What forex brokers hide about leverage?

The rapid development of Forex industry and popularity of Forex trading has been made possible due to several factors. If earlier exchange trading...

Minimum deposit for forex trading

All of you have repeatedly heard that the daily Forex market turnover reaches several trillion dollars. This is great, but not all of us are dollar...

Usage of interest rates in trading

The interest rates of the Central banks of the largest world states are the basis of contemporary Forex trading. The majority of price fluctuations...

10 Ways of Risk Management at Forex

The popularity of forex trading has always been high for a number of reasons. The main one is the outstanding profit potential, provided by a significant...


How to choose the right currency pair?

Practice shows that most novice traders are limiting themselves to the pair EUR / USD. In fact, this financial instrument has a number of negative features...

OctaFX
How to trade using stop loss orders

Learn how to use a protective stop loss order and what is a trailing stop to perfect your Forex trading skills and avoid unnecessary losses...

Pros and cons of using standard MT4 indicators

MT4 is considered the most popular platform among forex traders. Its success can be explained by at least 2 reasons...

ABCs of leverage in the forex market

The usage of of such a specific tool related mostly to forex market as leverage is an opportunity to increase the trading volume at the...

New Year rally on Forex - myth or reality?

Surely, many of you have heard the phrase "Christmas rally" or "New Year's rally". This usually refers to the US stock market, characterizing the seasonal...

USG
Importance of Patience in Forex Trading

There is a Chinese proverb that says, “One moment of patience can ward off great disaster. One moment of impatience can destroy a whole life...


GMOTrading
What you should keep in forex trading log

There's an old saying in business that goes something like "if it's worth doing, it's worth tracking." That is because when you track activity you have...

GMOTrading
Strategies and Trading Opportunities

A small investment is a broad concept, covering everything from putting money in a bank savings account to investing in a mutual fund that tracks...

Deposit Acceleration Techniques

Many novice traders mistakenly believe that by devoting several days to training and replenishing the trading account with 100 USD for several months...


FXOpen
How to start trading Forex?

Consider a national currency as a security, like stocks, commodities or precious metals. The recipe for success is to buy it at the cheapest price and then sell...

Forex leverage: a double-edged sword

Leverage is the ratio of your deposit to the lot you work with. In other words, those having a deposit of $ 100 can make a deal with a lot of 10,000...

What are support and resistance levels?

Support and resistance levels create the basis for building effective trading strategies and combine the principles of technical analysis. They confirm...


10 Things to Know About Bear Market

The US market continues to remain close to its historical highs, while market analysts have long been talking about an impending crisis and a global...

Cryptocurrency trading on Forex: a guide for beginners

The volatility of virtual coins remains quite high, the rate fluctuations per day can reach several percent...

How to determine the length of holding a position

What's the optimal period of holding a position? The answer to this question is very multifaceted and at the same...


Strategies a broker can ban you for

On Forex, there are many tactics and trading systems: from the intersection of moving averages to the search for patterns on the chart and...

Types of Forex Trading Instruments

Most novice traders who first encounter financial markets have little understanding of the pricing mechanism of trading instruments, which negatively...

Ten mistakes that beginner traders make

The vast majority of novice traders begin trading in the stock market without a plan. Regardless of whether you want to make money on the exchange...


Top 10 Forex Brokers 2020

200+ Forex Brokers
TOP 10 Best Forex Trading Platforms
Best Forex Platforms 2020

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets...

Top 10 Forex Platforms 2020

All Forex Platforms
All Forex Reviews
FXOpen
FXOpen Forex White Label

FXOpen's extensive experience and in-depth knowledge of the Forex market and customers' needs will ensure a successful operation for your own Forex business...

FXTM
Candlestick Strength Trading Strategy

Join experienced FXTM Trading Educator Robin Mazumder for the "Candlestick Strength Trading Strategy" webinar in Bengali. Participants will learn...

Grand Capital
60 new cryptocurrency pairs on MT5

In 2018, we launched a new account type for trading in the MetaTrader 5 platform. This platform is known for its advanced features...

FXTM
China data point to economic stability

Asian stocks and currencies are mixed, despite global investors being given positive signals on the world's two largest economies. US retail sales...

Understanding Pivot Level Indicators

On all timeframes, without exception, support and resistance levels are of great importance. However, novice traders often do not know how to determine them...