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 […]
There is a saying when trading forex markets, that every trader knows: “the trend is your friend”. It is so valid, that there is virtually no trader out there that didn’t fail to ride a trend or tried to pick the bottom or the top of a trend only to failed at this too. There […]
Foreign exchange trading gained in popularity in recent years as more and more wannabe traders are opening trading accounts with various forex brokers with motivation being different from person to person. Some are interested in applying their beliefs about an economy in the actual marketplace and if they are right, why not making a buck […]
The forex brokerage industry is an extremely competitive one and surviving as a broker depends on many factors. Like any other line of business, an ethical conduit, as well as solid management, will always lead to success. What should a successful business model in the forex industry consist of? The main aspect is related […]
Starting a forex brokerage is a complex process that should take into consideration many factors in order to find out the right positioning when it comes to competitor’s offer. Out of all the things to consider, though, the most difficult is to choose a liquidity provider. This is valid from a trader’s point of view […]
Forex market is one of the most competitive if not the most competitive financial markets to be traded and there are multiple reasons for this. Firstly, it is opened around the clock, 24/5, from Monday to Friday, and this tells much about the in-depth analysis needed in order to trade this market competitively. Even though […]
