Hi traders and welcome to last week’s spread wrap. It’s never been better to be a forex trader, with forex brokers competing extremely competitively on spreads and commissions in 2021. Why Do Spreads Matter? It’s essential for traders to know the spread in the forex market. The spread is a key cost in each forex …
TradeProofer is the best MT4 forex trading community, having supported forex traders, brokers and proprietary trading groups. TradeProofer’s mission is to provide credible and unbiased information to review, compare, and monitor performance in the forex trading industry. TradeProofer’s forex trading community consists of all levels of traders, who trade all different trading styles & systems …
What Is Slippage? Slippage Definition What is slippage in trading? It refers to situations where the quoted trade price is different to the price that the trade is executed at. There are several reasons for slippage to occur. Slippage mostly occurs in highly volatile situations. These include large volumes of market orders which can alter …
Any devoted forex trader with a few years of trading under their belt has undoubtedly heard of IC Markets, and has most likely even traded with them at one point. IC Markets are regulated by Cysec, ASIC & the FSA. Due to their multiple regulations we are satisfied IC Markets is a safe forex broker. …
There are many forex brokers out there to choose from, so knowing what differentiates a good broker from a not so good broker is essential. Regulation First and foremost, there are two conditions that must be met by every broker, and those include regulation and fund safety. A good forex broker needs to be registered …
As a trader it can be difficult finding the best place to trade. Between finding a broker that you can trust, making sure that they have good spreads & making sure the commissions are low, it can be a complete handful finding a reliable broker. Luckily TradeProofer can help, thanks to our community of Forex …
Even with forex brokers becoming more regulated, there are still plenty of brokers that are willing to scam and rip you off. Forex Brokers like these work against your benefit thus making profitable trades even harder. How can you protect yourself from being ripped off by scam Forex Brokers? Here are 4 signs to look …
There are many success stories out there of forex traders that are quite inspiring and are sure to motivate anyone to start forex trading! Some of the most popular success stories are discussed below. Regardless of whether you’re a beginner trader or an industry veteran we all need a bit of motivation and inspiration with …
What’s the latest & greatest news in the FX markets? We’ve got you covered with our weekly wrap up! Economic Data Updates During the week we saw the UK Unemployment rate be better than anticipate (5% actual v 5.2% consensus), the EUR Markit PMI data was considerably better than expected (52.5 actual v 49.1 consensus), …
This forex technical analysis update is thanks to Hammer Capital. Hammer Capital provides traders real time forex market news, technical analysis, fundamental analysis & forex broker reviews. Visit their website for your FX news updates! Forex Technical Analysis EURUSD DAILY The EURUSD has been ranging recently, holding between support at the 200 simple moving average …