Search
Forex Scam - Money Managers - Part III. Forex Scam - Emergen.. Book
Although the forex market is over-the-counter, the CFTC is very useful here as well, since it could give you information about reliable or non-reliable brokers. The CFTC has its own website: U.S.
Updated Oct 8, 2023MT4 Expert Advisor Scams - 5 Forex Scams Used in EAs, Indica.. Book
Not only is this a huge red flag, but also no brokers allow 1,000 lot sizes. Imagine how big your trading account would have to be to execute such positions. In this EA, we see many 1,000-lot trades. That’s €100,000,000 Euros!
Updated Nov 1, 2023The structure of the FOREX market - Part I. The structure of.. Book
Other participants take part in it via different kind of middlemen, such as FX retail brokers, Retail ECN that, nevertheless still leads to small banks. Many ECN brokers link to some large bank.
Updated Oct 8, 2023Where does the money come from in FOREX? - Part III. Fractio.. Book
It means that these FX brokers quote fractional pips that some brokers call a “Pipette”. Now tell me, if the AUD/USD rate will change from 0.99383 to 0.99388, how much will the change be in pipettes? Pipruit: 0.99388-0.99383 = 0.00 005 or 0.00 005/0.00 001 = 5 pipettes.
Updated Oct 8, 2023Where does the money come from in FOREX? - Part VI. The time.. Book
FX Brokers and Dealers struggle against each other for customers, so demo accounts have become an additional free service a long time ago. But why do brokers and dealers provide these accounts for free? It isn't a secret. Most traders use demo not just for testing the trading software itself, but for trading training.
Updated Oct 8, 2023The structure of the FOREX market - Part II. Participants, p.. Book
They charge a fee/commission in addition to the price obtained in the market.Market makers are quite different companies, although there is not much different with FX brokers at first look.
Updated Oct 8, 2023Where does the money come from in FOREX? - Part V. Order typ.. Book
Pipruit: So, you mean all brokers will try to cheat me? Commander in Pips: I can’t agree with that. There are definitely brokers that exist with solid reputations, that place client interests above their own ones. I will not deny this.
Updated Oct 8, 2023FOREX - What is it ? - Part IV. FOREX Stats and numbers Book
In fact, this is just a huge community of different participants – individuals, FOREX brokers, hedge funds, banks and others. The structure of the FOREX market is very similar to the Internet, where all participants are linked with each other. Can you show me an Internet major center and major server?
Updated Oct 8, 2023Where does the money come from in FOREX? - Part II. Intermed.. Book
Other brokers tilt the balance. If positive swap on one lot of a pair is $0.10, then negative swap could be $0.15 or much more. Pipruit: What then should I do? Commander in Pips: The answer is simple – you should investigate a Brokers swap procedure with careful scrutiny.
Updated Oct 8, 20232. Through the Eyes of a Beginner - 2. Through the Eyes of .. Book
So, without any further ado they took their initial plunge by opening a demo account with one of the large forex brokers.
Updated Mar 1, 2024