Forex Basics

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Forex Basics category contains articles about the basic concepts of the forex world: Pairs, lots, pip, spread, slippage, and volume are covered in simple to understand articles.

How Many Times Per Day Do Professional Traders Trade?

The forex trading industry is known for 24-hour market access, flexible hours, and many other benefits, but many people avoid trading because they assume...

Forex Myths that Some People Actually Think are True

As we’ve moved into the 21st century, forex trading has risen in popularity and attracted a growing number of traders from all over the...

Six Key Mistakes New Traders Make (and How to Avoid Them)

Within the last few decades, trading in the financial markets has seen a sharp increase in popularity, which has led to a boom in...

Do You Know the Pros and Cons of Using a Demo...

A demo account allows forex traders to become more acquainted with a trading platform and to practice their skills and strategies in a live...

The Top 7 Most Misunderstood Facts About Forex Trading

Despite the fact that there are currently more than 9.6 million forex traders in the world, the topic of forex trading still manages to...

Is it Possible to Legally Trade Forex in Nigeria?

Forex trading offers attractive perks that draw in traders from all over the world, however, some aspiring traders hit roadblocks when attempting to open...

Must Follow Facebook Pages for Forex Traders

If we asked you to guess the most popular social media platform in the United States, what would you say? The unsurprising answer is...

Insider Tips & Tricks of the Forex Market

By making the decision to trade in the Fórex currency market, the future John Rockefeller stumbles upon several concepts and definitions that can put...

What Is the True Difference Between Forex and Binary Options?

Today we will focus on trying to respond to a very frequently asked question in the world of trading: What is the difference between...

Top 10 Errors Made By Forex Newbies

In this article, we present 10 errors of the beginner trader that are repeated more frequently. These mistakes are actually made by any trader,...

How Long Can You Leave a Forex Trade Open?

Who is asking, a trader, or an investor? Do you think setting a time limit for each trade is a good idea? Do you...

What Does a FX Trader Really Need to Focus On to...

What factors do you assume to be the most impactful in the world of forex trading? Should traders focus on the technical tools more intensely than on their traits? Does one’s personality have a determining role in the development of a trading account? How do we measure our growth and what attitude is necessary to facilitate progress in the forex market? Along with these questions, today we will be discussing all areas traders need to focus on to be able to trade successfully.

Push Past These Common Forex Problems to Find Success

Forex trading is a field where your success depends largely on your own actions – with little practice and unrealistic goals, you are likely...

Guide to Identifying and Avoiding Dangerous Forex Scams

The Forex market is filled with competitors, and more brokerages pop up every single day. With so many options out there, comparing choices can...

Reasons Why Forex Traders Quit Trading (And How You Can Avoid...

If you’ve ever looked at statistics about forex trading, you’ve likely noticed that the results seem bleak. If you haven’t, check out a couple...

The Top 3 Richest Traders in the World and What We...

Whether it be forex trading or virtually any other topic, we often turn to the experts when learning how to do something with success....

Can Artificial Intelligence (AI) Successfully Trade Forex?

Artificial intelligence can do a lot of things. It has machine learning, meaning it is able to learn from mistakes and to adapt. It...

The Top 6 Things We All HATE About Forex

Most people love forex trading. We would not be doing it if we didn’t. However, no matter how much you love something, there will...

Avoid These Mistakes that Will Completely Blow Your First Broker Deposit

Let's be honest. The majority of us have probably blown our first trading account. The majority of us have probably blown our second account,...

Ask Yourself These 5 Questions Before Trading Forex

If you are thinking about making the jump and investing in a trading account, there are a lot of choices and a lot of...

How to Safely Trade Forex In Kenya

Around the globe, Forex trading is becoming more and more popular, pretty much every country in the world has a community of traders within it and Kenya is no different. The forex markets offer its traders high levels of liquidity, low costs, a large selection of trading platforms, and many different assets and currency pairs to trade. Over recent years, the popularity of trading in Kenya has been on the rise with there being many more retail traders each and every year. There is now a predicted 70,000 plus traders in Kenya according to recent estimates, and this is a number that will only go up.

Read This Before Turning to Facebook for Your Forex Education

Facebook is huge, it has been around for many years now and is the most popular social network in the world right now. Due...

The Lazy Way to Trade Forex

Let’s be honest, if we could, the majority of us would do everything the lazy way. Why put in the effort and time if...

Warning: These Mistakes Will Completely Destroy Your Forex Profits!

Let’s imagine that we have been trading for a while for a few months or a year, we are profitable, we are on a...

What Are the Advantages of 1:1 Leverage in Forex Trading?

When it comes to leverage, you often see larger numbers being advertised, brokers trying to entice in new traders and new webers with the promise of sky-high leverage. In fact, the new standard of leverage being given by brokers these days is around the 500:1 level which would have been unheard of a few years ago. Some people, however, still swear by simply not using leverage, to use an account with a 1:1 leverage which basically means that you will be using your own money and only our own money, not borrowing from the broker at all. This does of course come with some advantages, advantages that we will be looking at in this article, so let’s jump in and see what the advantages of trading with a leverage of 1:1 are.

Follow Top Trader Advice When Getting Started in Forex

Starting the forex journey has a reason, so you first need to know what you want out of trading once you are familiar with the basics. It is not always about the money, some people like the thrill of trading, however, if you want to have some income out of forex forget about getting emotional. The great thing about forex trading is that it is very flexible for you. You can shape trading how you like it, trade only 10 minutes a day, explore an incredible array of methods possible, and use your knowledge how you see fit.

If You Don’t Know THIS About Forex, You’re In Big Trouble!

The forex market is known for providing traders with favorable conditions, including 24 hours of market access and high levels of liquidity that provide...

Avoid These 5 Trading Mistakes Like the Plague!

Mistakes are simply a part of life. Even so, there are times when mistakes can be completed avoided through information and education. Allow us...

Top 7 Frequently Asked Forex Trading Questions Answered

If you Google “forex trading questions”, you’ll find many different common searches from those that are curious about the field. Today, we thought we’d provide some answers to some of the most commonly asked questions about trading. 

Using Non-Conventional Methods to Fast-Track Your Forex Education

Starting with forex trading has a few stages before the real live account trading. Forex is a specific kind of business where you need to acquaint yourself with the terminology, the tools, how to use indicators, and price action elements. It puts you as the main subject and your actions isolated from everything else, so trading is more likely to be a lonely, one on one business with forex.

Help! How Do I Start Trading Forex?

Are you looking for information on how to start trading currencies? Surely, you must have read numerous tips, but today we are giving you...

Top 8 Secrets That Successful Forex Traders Won’t Ever Tell You

If you want to get the same results as a professional forex trader, you have to behave like one. Unfortunately, there’s a lot of...

Top 20 Quick Tips for New Forex Traders

Ready to join millions of others who are currently trading Forex for profit? Great! As you likely already know, education is critical to success...

The Best and Worst Days of the Week to Trade Forex

All forex traders have a different amount of time to dedicate to trading. Some of us may only get online a few times a...

Are You Secretly Afraid of Forex Trading Success?

From our youth, we’re encouraged to chase success. From making good grades to performing well in sports, we’re usually influenced to do our best in every single we try to do. While one might think that aiming for success is the only way to go, the constant pressure to succeed can actually stress us out and make us anxious. The better you perform; the more people will expect from you.

Top Quality Forex Education Is Essential to Success – Here’s Why…

Those that are looking for a source of primary or extra income can take advantage of the ability to buy and sell currencies online...

What is “Recency Bias” and How Can You Avoid It?

Recency bias is a common trading mistake that many forex traders make without even realizing they’re doing so. Since this issue can cause losses...

Is Forex Trading Legal in India?

Are you interested in trading currencies in India? This global decentralized financial market with an estimated daily volume of exorbitant $6.6 trillion keeps expanding...

Is Forex Trading Profitable? Here’s the Truth…

The study of human neurology shows how reward increases the activity of dopamine neurotransmitters, which explains our cravings when we smell the coffee brewing...

Forex Demo Account Vs. Live Account: Similarities and Differences

Forex brokers usually offer two main types of trading accounts: demo and live accounts. Although the accounts are very similar in some respects, there are also a few key differences that traders need to recognize. We will start by outlining what qualifies an account as being live or a demo. 

I’m Ready to Trade! What Type of Trading Account Should I...

If you’ve ever considered opening an account with a forex broker, you likely considered an option that offered multiple account types. While some brokers...

How Long Does It Take to Become a Truly Profitable Forex...

Making the choice to become a forex trader can be an exciting one that causes many traders to feel eager about getting started. This...

Is ECN the Best Forex Trading Model for You?

The forex market offers many different broker models, including ECN, STP, and market makers. One of the more popular styles is ECN, which stands...

What Does One Lot Represent in Forex Trading?

If you’re new to the forex trading world, you might find yourself scratching your head at some of the terminologies. Terms like leverage, broker,...

How to Successfully Trade Forex While Working a Full-Time Job

When you consider becoming a forex trader, do you find yourself thinking of a list of reasons why you just can’t realistically do it?...

Is Forex Trading Expensive? Here’s the Low-Down…

Anyone who has ever considered trading currencies has pondered on the idea of whether it is a costly endeavor available to only a few...

What Are the Best Soft Skills for a Forex Trader Develop?

Soft skills enhance our abilities to adapt to our work environment and enable a smooth exchange of information or services. While traders are not...

Is Forex Trading Legal In South Africa?

If you were to go through any of the major social media platforms and look for things related to Forex, you will most likely...

Is Forex Trading Honestly Really Worth Your Time and Effort?

It is a well-known fact that forex trading brings together a truly vast range of diverse personalities all over the world, and being such...

The Correct Way to View and Approach Forex Risk

If you’re looking for an extra way to make money in your spare time, chances are that you’ve probably stumbled upon the subject of...