Trouble does not come alone: the coronavirus pandemic has caused unprecedented problems in the world economy, the consequences of which people around the world will feel over the next few years. The new economic crisis announced by the International Monetary Fund could be the biggest and most severe since the Great Depression of the 1930s. And the date and consequences of its end are almost impossible to predict, as the coronavirus pandemic is still ongoing. The decline in stocks and the collapse of the oil market, the depreciation of major...
At the beginning of their career traders have to consider a lot of things. However, due to being excited about making their first profit through currency exchange, novices often rush through several crucial stages. As a result, multiple brokerage fees might sneak in and offset the overall income. Today we discuss what are brokerage fees and how to properly account for them to become a successful Forex trader. What Are Brokerage Fees Just like the trader, brokers aim to earn income. Since brokerage firms are service providers that...
Every new Forex trader has a set of tasks to complete before they can actually get to trading. The most important of these tasks is to choose the right broker. During the search for the perfect brokerage fit, traders consider a variety of factors, from rules and regulations to the amount of support and educational materials offered along the way. But as you go from one broker to another, trying to make a choice, the flashy words ‘Forex deposit bonus’ keep on coming up. Today we dive into the concept of Forex deposit...
It’s hard to believe, but before 2009 the discussion on trading cryptocurrencies simply didn’t exist. However, shortly after Bitcoin rolled-out as the pioneer crypto-coin, a lot of others followed in its footsteps. And while following the progress of the Bitcoins to US dollars is somewhat straightforward, keeping track of every new cryptocurrency pair can get overwhelming. In fact, the tremendous rate with which the new cryptocurrencies enter the market is one of the biggest reasons for traders’ confusion. That...
As one of the most profitable ways to invest, the stock market offers enough work opportunities: it is both long-term and short-term investments. To make your trading on the stock market effective and bringing constant profits, you need to prepare well for it. This article will cover the first steps a newbie trader should take while starting a trader`s career and how to learn to be a stock trader. Well, all you need to know before jumping with both feet in stock trading. How to Trade Prior to starting to learn how to stock...
