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LMFX

March 26, 2019

LMFX, What/when is the Value Date of currency exchanges?

For exchange contracts it is the day on which the two contracting parties exchange the currencies which are being bought or sold. For a spot transaction it is two business banking days forward in the country of the bank providing quot...

March 26, 2018

What is "Pip"? and What does "Pip" stand for in Forex trading?

A "Pip" stands for "Percentage In Point", and is the smallest price change that a given exchange rate can make. An increase or decrease in pips represents a profit or loss in your Forex trade. When currency is a quoted, they are ma...

March 26, 2018

What are Major, Cross and Exotic Currency Pairs?

The first thing that you need to understand is what you are looking at when you see a currency pair. When you look at the currency table or are deciding to trade a pair you will see the symbols of the currencies available to trade. ...

March 26, 2018

When and Where can I trade online Forex?

With Forex, you can choose to trade anywhere and anytime by accessing your trading account via the internet. Which means you can trade from your home, office or even your mobile phone. Such is the nature of the market, you can choo...

March 15, 2018

How does Supply and Demand work in financial market like Forex?

Supply and Demand form the foundation of economics. To understand the principle, we need to understand that the demand for the asset increases, or as its supply decreases, the asset price will rise and vice versa. The following is ...

March 15, 2018

Can anyone trade FX online? What are the odds of making profit?

The world of global trading is an investment option for traders who are interested in investing their money in order to earn additional capital. In recent years, this market has become accessible to anyone who is interested in it. ...

EverFX

February 14, 2018

EverFX, How Leverage works on Forex Markets?

Leverage essentially means that a broker allows a trader to open larger trades than would otherwise be possible. For example, if 1:100 leverage is used on a balance of $300, the $300 is multiplied by 100 and the balance for trading ef...

February 2, 2018

What is Day Trading strategy? How to perform it?

Day trading is commonly listed as the most active for a trading strategy, to the point where some even refer to it as "active trading". When it comes to day trading, the name implies plenty, as it centers on buying and selling currenc...

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