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The “spread” in forex trading is the difference between the buy and sell prices. For example, the buy price might be 1.2345 and the sell price might be 1.2350.
If you’ve ever asked yourself how to trade forex but felt overwhelmed by charts, jargon, or fast-moving markets -- you’re not alone.
Forex trading is decentralized—currency trades transact across a global network of banks and brokerages. This is different from public stock trading, which happens on an exchange like the New ...
The daily FX turnover, including trading of derivatives, came to an average of $82.16 billion during the April-June period, ...
The exchange rate refers to the value at which one currency can be exchanged for another. At the time of writing, the USD/CAD exchange rate stood at 1.35, while the USD/EUR was 0.93.
‘Minor’ currency pairs exchange Euros, British pounds, or Japanese yen against each other, or a smaller currency. These pairs are popular, but experience lower trading volumes than major pairs.
In forex trading, margin refers to the amount of cash held by online brokers as collateral for leveraged foreign exchange transactions done by retail forex traders.
Forex trading, short for foreign exchange trading, is a dynamic and global financial market where currencies are bought and sold. Over the years, this market has witnessed a remarkable evolution, ...
Avenix Fzco has unveiled GigaPips, a new competitor in the world of automated forex trading. Designed specifically for use with MetaTrader 4, this Expert Advisor focuses on H1 Gold (XAU/USD) trades.