Search Results for: forex

Forex scandal: criminal bankers must be jailed, not fined

Six banks forex rigging scandal

Financial penalties expected to hit British banks for Forex rigging will do little to tackle financial crime in the City of London as regulators continue to prioritize high finance over ordinary citizens, experts warn. British banks could be fined billions in coming months as investors pursue them for rigging foreign …

Read More »

Ukraine bans currency trading due to hyperinflation

Ukraine currency trading ban hryvnia

The National Bank of Ukraine has banned banks from buying foreign currency for their clients until the end of the week in a fresh attempt to halt the national currency’s free fall. Hours after the measure was announced, Prime Minister Arseniy Yatsenyuk called for an emergency session of parliament to …

Read More »

How to start forex trading with MT4

Meta Trader 4 is one of the most advanced and popular trading platforms for retail traders and its popularity is growing with each passing day. It is easy to use and is simple and this is the reason more and more retail traders prefer trading through MT 4. Launched in …

Read More »

How to Trade Forex In Thailand Legally

Today, over 15 million people buy and sell currencies through the Internet. Forex platforms give easy access to the global exchange where immense volumes circulate between individuals and institutions. In Thailand, retail traders are now enjoying benefits unavailable a few years ago. However, the system has its own distinctions. The …

Read More »

What is Stop-Loss in Forex Trading?

Trading volatile markets like Forex comes with a lot of risks so you have to use as many precautions and tools as possible to minimize these risks. There’s a reason social trading platforms like eToro are so popular – it allows new investors to learn the ropes so they don’t …

Read More »

Six banks fined $5.8 billion for market rigging

Citi JPMorgan Barclays RBS UBS

Editor’s note: these banks made billions more from their crimes, let alone received billions of $ in bailouts which the tax payers funded. So will we receive this money? Will any of these bankers ever go to jail for their crimes? If you or I committed the crimes that these bankers are guilty of we would …

Read More »

Swiss to investigate manipulation of currency markets

Currency market

Swiss regulators are investigating a number of financial firms over the potential manipulation of currency markets, where £3tn changes hands every day. The regulator said that multiple banks around the world could be drawn into the investigation, which will raise fresh questions about the integrity of the markets. The Swiss Financial Market Supervisory …

Read More »

Forex Trading? Just Spin the Roulette Wheel

Whenever there is major geopolitical upheaval or change, opportunities present themselves in the forex markets. Forex is the international wholesale market for currency, where traders can speculate on changing currency prices to increase (or lose) fortunes. Trading round the clock every day, these markets respond to the faintest signal from …

Read More »

Differences of Real Account vs. Demo Account in Forex Trading

Forex trading allows beginners to trade with virtual money as they familiarize themselves with all the necessary concepts and nuances around the art of trading. All Forex brokers offer demo accounts to their customers, and trading with this account is recommended, especially for novice traders. However, even after the mastery …

Read More »

4 Types Of Indicators FX Traders Must Know

Successful forex traders know how to use the right indicators in order to make profits. There are many different types of indicators available for the modern forex trader. Some of these offer very high margins when used effectively. If you are looking to venture into the forex market, then you …

Read More »

The Euro Continues to Advance in 2018

The Euro had a good performance last year and managed to post solid gains, especially against the US dollar. The bullish trend continues at the present time, as the block currency is favoured by good economic developments and increasing prospects of an ECB monetary policy normalization. If we refer to …

Read More »

Dollar Value Rises As Trump Readies Additional Tariffs for China

The value of US dollar in the Forex market shot up significantly on Friday last week following Trump’s reported move to direct aides to proceed with imposing tariffs on China. This is despite attempts by Treasury Secretary Steven Mnuchin, to restart talks with China on the matter. That led to …

Read More »

Bitcoin Takes a Major Hit: Alternatives to Invest In for 2017

Bitcoin crash chart major hit

In the past few weeks, the most popular cryptocurrency Bitcoin has been breaking records. This rally has been followed by millions of investors around the world. On May 24th, Bitcoin hit a record high of $2.791.69.  But this rally was over with just a few days later.  On the 29th, …

Read More »

7th top level banker ‘commits suicide’

JP Morgan Hong Kong

Yet another banker has committed suicide, with a JP Morgan forex trader leaping to his death from the top of the firm’s Chater House headquarters in Hong Kong. Over the past few weeks at least seven bankers have died under mysterious circumstances, including another JP Morgan senior manager who jumped …

Read More »

A Straightforward Guide to Trading the Markets

Trading the markets guide

Many people are attracted to the glamorous allure of successful traders who have turned a $10,000 trading capital into a million dollar portfolio. However, if you jump into the market without making adequate preparations, you’ll get burned, lose your money, and exit the market like a dog with its tail …

Read More »

Trump’s impulsive rhetoric and its impact on the currency markets

Trump impact currency markets

Trump’s campaign trail was filled with nauseating rhetoric on the nations, policies and business approaches he did not look. He employed a hair raising combative approach to reign hell on those he despised, those he felt were less humans and policies he claimed meant everything wrong for the ordinary Americans. …

Read More »

3 smart ways to take control of your finances

Take control of your finances

Money can’t buy you happiness, but it can make you pretty comfortable in misery – that is why you wake up every day to go to work in order to earn a living. Very few people love money in itself; after all, you can’t eat money. However, most of us …

Read More »

Why You Should Consider CFD Trading

While daily trading volumes may have declined slightly since the Great Recession, the evolution of the financial marketplace has ensured that even volatile entities such as the foreign exchange remain surprisingly active. This is largely thanks to trading vehicles such as contracts for difference (CFDs), which enables investors to minimise …

Read More »