EDUCATION CENTRE

THE FX BLOG

17 February 2022

Different Types of Forex Brokers

When it comes to choosing a broker, the first thing you hear about are terminologies such as DD, NDD, MM, STP and ECN. Inexperienced traders may find these terms confusing, but they are actually quite simple. Here is a guide to help you understand the terminology, who they are, what they do, how they work and which one suits you better. So in general, Forex Brokers can be categorized into two types according to how t...(Read more)

27 January 2022

How to Identify Good Traders

To begin with, look for traders with proven track records for at least 12 months and who deliver consistent results overtime. This allows you to evaluate the actual performance of the trader during different market conditions, whether it’s bull market or bear market. Asking for an investor password to check the actual account yourself is always a smart way to verify the authenticity of the result being shown. Look th...(Read more)

14 January 2022

Different Types of Analysis in Forex Market

3 Types of market Analysis: Technical Analysis, Fundamental Analysis, and Sentiment Analysis are the 3 main types of analysis that exist in finance and are the key drivers for traders to understand why a currency or instrument moves the way it moves. Utilizing these 3 methods of analysis will help the trader identify trends, potential reversals, and continuations. Technical Analysis Technical analysis is a very commo...(Read more)

30 December 2021

Understanding Gold Price Movements

Recent political events have seen an upsurge in gold prices and brought trading in the precious metal sharply into focus. Before jumping into the gold market, it makes good sense to have a broad understanding of the factors that influence the price of gold, so that you can make intelligent informed decisions about buying and selling the commodity. People have been buying and selling gold since the dawn of civilizatio...(Read more)

17 December 2021

The Effect of Coronavirus on Forex Market

The impacts of the coronavirus have been felt across the entire global economy with no country or economy immune from its devastating effect Global share markets have plummeted, local businesses are closing everywhere you turn, and governments are scrambling across the globe to prevent local economies from falling into recession or potentially, a depression. Fear has been a key driver in both the Forex and stock mark...(Read more)

18 December 2020

Opportunities Aplenty for Innovative Firms in Response to Covid-19

Faced with the devastating effects wrought by the COVID-19 pandemic, companies across most industries are facing an adapt-or-die scenario. Yet, there are encouraging signs of innovative reactions in the face of the impending threat. Here, we look at sectors that are leading the way in the transition to a post-COVID economy. A Healthy Outlook? The pharmaceutical industry is an obvious place to start. Pfizer and BioNTe...(Read more)

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