Forex Articles

How to choose broker

Nowadays, Forex opens doors for everybody, who is eager to make money. However, before a newcomer ventures into forex trading, the essential thing is to pick a proper brokerage company. This article will tell you how to choose a reliable broker.

John Murphy’s 10 golden rules of technical trading

The ability to predict volatile and often paradoxical market trends is a rare talent that is highly valued in the world of professional trading. The name of John Murphy is known to everyone who is at least vaguely familiar with the technical trading theory. Throughout the years of his practice, the trader and analyst with more than 30 years of experience has established 10 main rules of technical analysis. These universal principles are still relevant and will serve well both newcomers and successful traders.

Forex literature. Is it worth spending time on reading?

Books about Forex as well as forex trading itself are very popular nowadays. A great variety of Forex literature is available nowadays for those who are interested in trading. Every author takes on a teaching role and tries to teach a beginner-trader forex market wisdom, share experience and give advice.

Can Forex supplement full-time job?

The Forex environment suits ambitious people perfectly. Indeed, they can manifest their expertise in tandem with market vision under highly competitive conditions. A successful trader should always have one’s finger on the pulse of a market. To earn decent money in financial markets, a trader should not miss a good market entry point and should close positions in due time to avoid losses. The thing is that monitoring all market moving news from all over the world takes a lot of time. This scares away would-be traders who are not ready to earn on Forex at the expense of their full-time job or private life.

What are pips and how to calculate them correctly?

A pip is one of the basic notions on Forex. However, there are traders who do not completely understand what is a pip and cannot correctly calculate it. Let’s look at it in detail.

Introduction to day trading

The term "day trading" means trading within one day. This term became so popular that today, everyone involved in day trading, whether it is a trader or an employee in a brokerage company, is called a day trader.

Forex robots. The main advantages of trading systems

Financial benefits give a possibility to meet most of people’s demands as well as confidence in the next day and freedom. There are a lot of ways to improve your financial situation. Trading on the foreign exchange market is among them. Robots significantly help people as trading on Forex is risk-taking.

Public holidays and Forex market

Many factors influence the international forex market. What impact public holidays of different countries have on the currency market will be answered in this article. During holidays, trade on Forex is often less intense and it is difficult to predict its further movement. Even technical indicators, fundamental analysis and MT4 advisors won’t help a trader clear the situation. This uncertainty is mostly applied to the currency of the state where a holiday takes place.

How employment rate indicator affects Forex

The employment rate is a number of people who have jobs expressed as a percentage of the total workforce. It is the third important indicator for foreign currency markets. Like GDP, the employment rate of population capable of working mirrors an economic environment of a country and its health.

What novice traders need to know?

As a rule, a novice trader is full of enthusiasm hoping to make a big profit within a short period of time. A lot of people consider Forex to be a kind of casino, and that is their biggest mistake as trading on the forex market does not mean a game of chance but working hard. Though few examples of unforeseen success took place in the history of Forex.
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Feedback from traders

Scott Foote trader
review EBSHK Direct
11-09-25

I prefer to use EBSHK Direct's platform because of its fast execution, low spreads, and user-friendly interface. I gain many advantages through its features, which help me to analyse trades. EBSHK Direct offers me a lot of services and opportunities in the market.

FxMarshal trader
review BCS Cyprus
10-09-25

I have invested $1K with BCS Cyprus. So far, I've experienced better service via phone execution in my account. They can provide a live support service. Their payment is good enough via MasterCard. Really BCS Cyprus is safe for dealing in the forex market.

Eduardo D trader
review Capital Street FX
09-09-25

Capital Street FX is the best for demo trading. Live trading isn't possible with their delayed server execution. Additionally, they have an unsatisfactory payment service, which I am also disappointed with, as I have found Capital Street to be lacking in this area.

FXBily trader
review InstaTrade
09-09-25

Since joining Instatrade, besides the minimal deposit, there are numerous lucrative promotions, including deposit bonuses and cashback programs. All of these can provide trading capital and profit for traders. The longer you join Instatrader, the more bonuses you'll likely receive.

Hanno Vanhala trader
review SuperForex
05-09-25

I have a profitable experience with ForexМart. They have an impressive platform where I can place an order instantly, and the scalping EA works well with their fixed spread. I received a free signal that is profitable for me. I earned nearly $700 last month. I have had a good experience with the payment service so far; it is so fast that I can manage my trading business properly with ForexMart.

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