Trade with FXPrimus and participate in an exclusive prize draw. The lucky winners will have the chance to win up to $20,000 in trading credit. How It Works To take part, traders need to open a new account and complete an online registration form. FXPrimus will enter all eligible traders into the prize draw and the winner will be selected at random. The winners will be randomly selected in a lucky draw format. What You Could Win The total prize pool is $100,000. It will be divided up as follows: 1st Prize: $20,0002nd Prize: $15,0003rd Prize: $13,0004th Prize: $10,0005th Prize:…
Author: Kent
Kent
Kent has been working in the FX industry since 2012, and has become a successful, experienced forex expert. He is a regular contributor to our website and provides exclusive insights into the financial markets.
Forexsignals.com is a forex company specialising in education, strategy, and trading support. It was first established in 2012 and has grown to become one of the world’s most popular online trading websites. It has a trading room with over 500,000 registered users. It also offers many helpful trading resources including educational videos, forex signals, and daily live streams. Why Use Their Service? Trading Signals Get up 50+ daily trading signals. The signals are provided by market experts. You can choose which experts to follow. You can also chat to each expert directly. This gives you the opportunity to ask questions…
RedMars has announced that it is launching a Cent Account. This new account option will give forex traders even easier access to the markets, with minimum deposits as low as $10. It will also give traders access to great trading conditions, powerful trading platforms, and a wide range of trading instruments. The Red Mars Cent Account Here’s what you get with the Red Mars Cent Account: Spreads: From 1.4 pipsCommission: 0 pipsLeverage: Up to 1:500Micro Trading: AllowedMT4 Trading: YesMT5 Trading: YesMobile Trading: YesMinimum Deposit: $10 To find out more, or to open an account, visit the RedMars website. RedMars Offers…
AMarkets is offering traders a new forex bonus. The promotion starts on December 15th 2021 and ends on January 15th 2021. It is available to both new and existing clients. How The New Bonus Works AMarkets awards each bonus on a case by case basis. The bonus and cashback you receive depends on your account type and your deposit size. 10% trading bonus for deposits over $30013% trading bonus for deposits over $50015% trading bonus +2 level cashback for deposits over $100015% Trading bonus +3 level cashback for deposits over $150017% trading bonus +2 level cashback for deposit over $200017%…
If you’re new to the Forex industry, then you may have already come across the term Forex Demo Account. Here we will explain what it is, what you can learn from them, and why you need them. What is a Forex Demo Account? A demo account is a type of Forex account offered by brokers to clients. It allows their clients to try out trading using their systems but with virtual money instead of real capital. Many brokers let their use a demo accounts without having to become a fully verified client first. A demo account usually comes with virtual…
RedMars is launching a new give away promotion. As part of the offer, you can receive a $50 credit bonus for making a $25 deposit. How The Bonus Works The credit bonus is only available to the first new 1000 clients. The offer is available for a limited-time only and ends on 31st December 2021. How To Get Your Bonus Step 1: You complete the online registrations process.Step 2: You open a ‘$50 Give Away’ account on MT4 or MT5Step 3: You make the $25 minimum deposit via your online portal.Step 4: If eligible, you receive your bonus within 48…
Success, in forex, comes from making good trading decisions. But as a new trader, how do you know which currencies to trade? In this article, we’ll cover the eight major currencies in forex. What are Major Currencies in Forex? “Major currencies” are the most profitable currencies for trading in forex. They have the highest liquidity and as such are traded more regularly. All currencies are denoted using ISO-4217 symbols. Here are the symbols for all the major currencies: USD = the US DollarEUR = the EuroGBP = the British Pound Sterling JPY = the Japanese YenCHF = the Swiss FrancCAD =…
When you’re just starting out, all the new terminology can be a bit confusing. But don’t worry, we’re here to help. Today we’ll be looking at the terms people use to describe different trading positions. What is a Long Position? As you know, forex trading involves buying one currency and selling another. A long position is taken when a trader buys a currency expecting it to appreciate in value against the other currency it is paired with. This can also be referred to as “going long” on a trade. It is simply buying the base currency and selling the quote…
Note: This broker has merged with M4 Markets. Axiance is offering its clients a special rebate bonus. The promotion starts September 1st 2021. It is available to both new and existing clients. How The Rebate Bonus Works Axiance awards each bonus on a case by case basis. The bonus you receive depends on your account type and your deposit size. To qualify for a rebate bonus on their Standard Account, you need to make a $2,500 minimum deposit. This will make you eligible for a bonus of up to 50%. The maximum rebate bonus offered per client is set at…
When it comes to forex trading, drawdown is the difference between balance and equity from peak to trough. Keeping the drawdown as low as possible is part of risk management. A higher drawdown means higher risk and a higher probability of wiping the account, whereas a lower drawdown means lower risk and a lower risk of incurring losses. Drawdown shows the maximum risk occurring on the trading account and indicates how risky trades or the strategy can be. The majority of professional traders recommend to keep the drawdown between 5% to 15% in any situation. Let me explain drawdown in…