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 […]
Developed in the first half of the previous century, the Elliott Wave method uses human sentiments like fear and greed to interpret markets. Ralph Elliott built the theory by documenting the stock market patterns. He quickly noticed that the price moves in waves, or cycles, and so the Elliott Waves method appeared. Its beauty is […]
Trading financial markets is a different experience for people. Depending on personality and risk appetite, different trading styles exist. A trading style refers to a trader’s attitude towards the market. More precisely, it relates to the time horizon traders are willing to let their trades open before cutting the loss or marking the profit. Investors […]
Competition among Forex brokers is becoming more and more aggressive. These days, Forex brokers are fighting for customers from all circles: scalpers, swing traders, investors, etc. But a Forex broker is not offering only currency pairs for trading. To attract as many customers as possible, brokers introduced new financial products. A new financial […]
Starting with January 2018, MiFID II (Markets in Financial Instruments Directive) will be implemented in Europe and there is a whole debate about the impact on the Forex market. Before discussing that, it is important to understand what the MiFID idea was and why there is a need for a change. When was first […]
Retail Forex trading is a competitive niche but also a profitable one for Forex brokers. It is no wonder more and more brokers are coming to this business. Changes in technologies needed to open a business as well as in regulatory licenses have increased the demand for such businesses and reduced the lagging time […]
