In the foreign exchange market, professionals and companies must make the smartest and fastest decisions possible in order to profit from the flow of money. Having access to real-time forex related news and analysis makes the trader's job easier and is a true competitive advantage. Quality forex related news and analysis give traders the ability to closely monitor trends and developments in the forex market around the world and react faster to opportunities. Economic data tends to be one of the most important catalysts for short-term...
As is widely known, if one participates in the Equity or Futures markets, there is always a commission charge for taking a trade. This charge pays the broker for allowing the position to be taken in the first place. However, when it comes to forex trading the situation is slightly different in that traders do not pay a direct commission to the firm, but rather are faced with a spread on a currency pair which they choose to trade. For every trade that you place, you will have to pay a certain amount in costs or commissions for each trade...
Not so long ago in order to become successful at forex market, people had to have very large sums of money. Thus, earnings in this market remained a path of only a very small number of investors. With the latest developments of the PaxForex company, profitable trading in this market is now available to everyone. Absolutely innovative approach of our company to small deposits already produces a steady income for many of our clients. We are talking about forex cent accounts, which until recently were considered exclusively as a kind of bridge...
People throughout time have always traded for a variety of reasons. Some reasons have been to sell finished products for money, or obtain desired raw materials by barter, or to buy and sell commodities or other goods only for the reason of attempting to profit from the transaction. Prior to 1971, speculation was not permitted in the currency markets due to an agreement called the Bretton Woods Agreement. This agreement was set up in 1945 with the purpose of stabilizing international currencies and preventing money fleeing across nations. This...
Forex, which is an acronym for Foreign Exchange, is a market in which investors exchange one currency for another. The security that is traded within the forex market is referred to as a currency pair. The forex market trade globally, 24 hours a day, five days a week, and are influenced by a number of factors which include the demand for a currency, changes in currency positions, interest rates, economic and political conditions like war, embargos, diplomatic meetings, inflation, political and economic stability or instability. These...
