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Forex Articles

Trading forex with or without leverage is an important question every trader should answer before starting his or her investing life.

With over 5 trillion dollars in transactions per day, Forex trading is one of the most exciting ways of making money and even making a decent living for every investor.

Trading the markets can become a tedious effort, especially if you follow the same routine every day. You look at the charts, search for the same setups every day, set the same target and stop loss levels, and then enter a trade.

Many market participants sooner or later have a question: “Is Forex trading profitable at all?” To find out if you will profit from trading, you need to answer a number of other questions.

Did you know that there are a plethora of forex trading tools that anyone can easily access and use to improve their results?

The MT4 platform is designed to make it easy for traders to trade. This means that placing trades on MT4 is a straightforward process. It usually involves two or three button clicks. It can also involve only one click If you so choose.

The stop and profit targets of your trades play a crucial role in your trading success. Many traders, especially those who are just getting started with trading, place their exit targets at arbitrary levels.

Forex transfers play an essential part in the world economy. But alas, the options in this particular sphere are still quite limited. The problem here is that these financial transactions are expensive. Yet, the highest demand for them comes from migrant workers, small businesses, and private investors. For all these groups of people, the high costs of transfers are a challenge. And this challenge is so big that it prevents many of them from actually sending the money abroad.

Forex trading in Hong Kong is very popular as Hong Kong is considered to be one of the largest forex centers in Asia. Hong Kong is a strong competitor to the United States and the United Kingdom in terms of volume traded. In 2016 Hong Kong overtook Tokyo as a 4th largest trading hub in the world and together with United Kingdom, the United States, Singapore as well as Japan make up 79% of all foreign exchange trading.