MTFE is an online forex broker offering 80+ trading products, including 35+ Forex currency pairs, gold, oil, stocks, indices, mainstream cryptocurrencies, etc. However, is this broker trustworthy? WikiFX helps you find the answer.
At this point its no secrete, the United States economy, one of the largest, in the world is experiencing record breaking levels of inflation. The effects of this inflation has been felt across the globe as markets and stocks has been what seems to be a downfall. The question is how did we get here and what does that mean for us traders.
“There is a very high chance the Fed ends up cutting rate towards ... the end of next year,”
The Future Cryptocurrencies are facing multiple challenges including government regulation, hacking attempts, and common misconceptions. Overcoming these challenges is difficult. However, with the right strategy, cryptocurrencies investors can produce a profitable portfolio. Here are practical tips for creating an incredible cryptocurrency portfolio.
WikiFX Score is comprehensively evaluated by WikiFX based on a variety of factors including the licensed index, the level of business comprehensiveness, the risk control index, the management index, and software parameters. So based on those factors, what are the brokers with the highest ratings this June?
The Atlanta Fed’s GDPNow gauge sees the second-quarter running at negative 2.1%.
As a trader, it is almost impossible to trade or enter the market without a broker. Forex transactions which usually take place in the billions of dollars all happen through banks and financial institutions. Without big funds, you cannot play with the big boys. Hence why we retail traders need a broker to act as our intermediary between us and these financial institutions, as well as afford us more buying or selling power. But with that being said you need to familiarize yourself with different types of brokers that are out there and the ones which are best suited to you.
Investing in the capital market promises abundant supply. Apart from the benefits of capital gains or the increase in stock value, capital market investors can also take profits from dividend distribution from stocks.
You may often see traders who experience euphoria in winning so they forget the trading management. The main concern of the trader diverts itself is after the market turns the transaction. As a result, traders may experience significant losses after earning a profit. This is because they are too happy and forget to stay focused on getting consistent trading profits.
Both forex trading and stock trading are “high risk and high return” investment, there are many advantages offered by forex trading compared to other types of trading, including stocks. Technological advances also have an effect.
Before buying stocks, you should consult an investment advisor, or another professional advisor, in addition to performing your own research on the best-performing companies. Evaluate the recent annual and quarterly published reports of stocks to understand their performance. And also to understand any changes in the management of the company. In this article, we will talk more about how to invest in blue chip.
Many traders like the use of trading robots or expert advisors (EAs) in conducting forex transactions. According to Investopedia, trading robot is a computer program based on a set of trading signals that helps traders to determine whether to buy or sell a currency pair at a given point in time. Moreover, EA can run several tasks at once. Thus, you can still get the results of forex trading without having to monitor for 24 hours straight.
Both of common stock and preferred stock represent a piece of ownership in a company. However, they have several differences that may affect your investment plan and the possible profit you can gain in the future.
“What differs expert traders from other traders?” As a trader, this question must pop up in our minds every now and then. Consequentially, we keep convincing our minds that there might be some secret formula they closely keep for themselves.
Many trading revolutions have occurred in connection with technological advancements, requiring market participants to remain vigilant and continue to learn.
The spread of the Coronavirus has stopped many activities. However, not all activities are affected by these restrictions, one of which is forex trading.
Life is all about timing. So goes with trading. In trading, you need to be aware of the best and the worst time to trade. And this is why you should never trade in said time. We all have those winning moments – from the smallest ones to the biggest ones. We all like the feeling it provides, right? It’s a high time for us, and we happily invite delusions to our mind. As a result, our sense of reality gets distorted. We tend to bloat things up and disengage from reality and create our own.
The Euro has bounced from a major support level to show signs of life yet again. By doing so, the market looks as if it is ready to try to recover, but there are a lot of noisy areas above that could cause problems.
It's all too simple to dismiss forex trading as a sort of gambling. After all, both hobbies entail putting money at risk in the hopes of making money afterward. However, although currency trading and gambling have certain similarities, they are not the same.
As it turns out, clone brokers are on the rise these days, with fraudulent companies setting up shop by using names of reputable companies to trick clients into thinking that theyre trading with a regulated Forex firm.