Backtesting and demo trading are critical tools for financial trading, allowing traders to refine strategies, manage risk, and gain experience without financial loss. Backtesting uses historical data to test strategies, while demo trading simulates real-time market conditions for practice. These tools can enhance preparedness for live trading.
Tradeweb Markets Inc. has finalized a cash agreement to acquire Yieldbroker for AUD 125 million.
The USA is a very different political animal to what it was 10 years ago Far more polarised and generally aggressive. The debt level is absolutely out of control and headed for a developing nation status.
The U.S. gas prices remain steady at $3.65 per gallon as Memorial Day approaches. This drop in prices is linked to reduced gas demand and fuel usage. The East Coast, Gulf Coast, and Midwest regions experience lower prices, while prices remain high in the west. Experts predict robust travel demand during the summer, with gas prices remaining steady barring significant weather disruptions.
OANDA, a leading global forex broker, has issued a warning to traders about the potential volatility in the forex market due to Turkish presidential elections. OANDA has advised traders to exercise caution when trading the Turkish lira and other related currency pairs.
I is transforming Forex trading by providing data-driven insights, enhancing trading strategies, and predicting market changes. It also helps manage risk and adapts to changing market conditions. However, despite its advantages, AI usage requires ethical considerations, human oversight, and proper risk management strategies.
The CEO of DBS Digital Exchange (DDEx), the digital asset exchange under DBS Group, expressed that the collapse of LUNA and FTX last year severely shook public confidence in cryptocurrencies. Some users turned to DeFi, but he believes that centralized exchanges will continue to exist in the future.
Forex trading is a dynamic and complex market that requires traders to make informed decisions based on various factors.
Financial Conduct Authority (FCA) has issued warning against Five unauthorised brokers on 25 May,2023. FCA has urged the public to be cautious and to avoid doing business with these brokers. Here are the names and screenshots of such brokers.
The oil market experiences selling pressure as prices reach around $72.00 due to market expectations of no early OPEC production cuts. US debt ceiling negotiations remain at a standstill, while oil prices hover near a significant level since the uptrend line started from the low point of $67.47 on May 4th.
CFI Financial Group has expanded its global presence with the establishment of CFI Egypt in Cairo. The new branch offers access to over 200 stocks listed on the Egyptian Exchange and operates under the strict regulations of the Financial Regulatory Authority. This is CFI's ninth regulatory authorization globally.
Forex trading can be an exhilarating and potentially profitable endeavor. However, the volatile nature of the markets often triggers intense emotions that can cloud judgment and lead to costly mistakes.
In today's ever-evolving financial landscape, forex trading has emerged as a popular investment opportunity, attracting individuals from diverse backgrounds.
WikiFX previously made an article about Fintoch; we suspect it is a Ponzi scheme.
FP Markets, a leading Forex and CFDs broker, has recently expanded its emerging markets Forex offering by adding three new currencies to its portfolio. The Mexican Peso (MXN), Brazilian Real (BRL) and South African Rand (ZAR) are now available for trading on the platform.
Shanghai - In the fast-paced world of forex trading, success stories often emerge from individuals who possess a unique combination of passion, determination, and unwavering commitment. Arash, a rising star in the forex industry, has caught the attention of traders and investors alike with his remarkable transformation from a novice to a forex aspirant. Today, we explore Arash's captivating journey, unveiling the steps that propelled him towards his career in forex trading.*
This article discusses the importance of mastering forex trading vocabulary for clear communication and informed decision-making. It covers key terms including currency pair, exchange rate, bid/ask price, pips, leverage, and stop loss. A robust understanding of these terms is essential for interpreting market trends, managing risk effectively, and executing successful trading strategies.
Becoming a trader in Europe offers an exciting opportunity to participate in the dynamic world of financial markets. Whether you aspire to trade stocks, commodities, or forex, here are some steps to guide you on your journey to becoming a trader in Europe.
In today's article, WikiFX will explore Trade Nation in depth, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use this platform. Keep reading to find out more!
SAVE BOX NG, also known as savebox.biz, is a recently launched investment platform in Nigeria that claims to offer users the opportunity to act as intermediaries or brokers in the digital assets market and achieve a high return on investment. While the platform presents itself as a secure system backed by advanced algorithms, it is essential to approach such investments with caution due to the risks associated with cryptocurrency trading.