Forex Appendix – Forex Definitions: For the purposes of this document, and for an understanding of general industry terms, we have put together a list of terminology definitions: Brokerage = legal entity allowed to open customer accounts and collect customer money. Broker = an employee of the brokerage that is working with a customer. Introducing […]
Like any new business, starting up a forex brokerage should come because of a complex business plan that should consider both the pros and cons and project the business activity for at least the next three years. Without a business plan, everything is going to be done randomly and chances of success are close to […]
When trading financial markets, traders have to consider both technical and fundamental analysis. Technical analysis refers to using patterns that form on the left side or the chart, in order to forecast future prices. Moreover, technical analysis consists of using indicators (trend indicators or oscillators) in order to find out support and resistance levels or […]
A White Label partnership program is one type of cooperation that a forex broker is willing to make with other parties interested in joining the forex brokerage business. Both parties have a strong interest in developing such a cooperation: the broker will extend its business as the White Label will look for its own clients, […]
A brokerage house strives for continuously reaching new customers and there are several ways to attract clients, starting with classical advertising on social media and popular search engines, as well as participating in trading shows, offering promotions for particular periods of time, etc. If you want, all these are conventional ways to attract new clients, […]
Fibonacci numbers and sequence are so popular in forex trading that there are many trading theories based on such numbers. Moreover, every trading platform is offering the Fibonacci sequences as an important trading tool for everyday traders. The idea behind trading with Fibonacci is to look for retracement levels in a specific move in order […]
