To be successful in the foreign exchange market, traders need to have a trading strategy that works for them. Without…
Browsing: Beginners
We’ve created these posts to help beginner traders get a better understanding of how the forex market works and what you need to do to start trading forex in Nigeria.
The best place to start is with our What is Forex trading guide which will help you learn the basics of forex trading. From there, it would be a good idea to check out our articles on lot, margin and leverage and how profits are generated in Forex, to learn how to make your first forex trade.
Ready to start trading? New traders often benefit from opening a demo account first. This is because demo accounts give you the chance to get a feel for the markets and practice implementing your trading strategy.
Looking for a live account? Then be sure to check out our article on what to think about before selecting a Forex broker. It will help you understand how forex brokers operate and what resources you might need as a beginner trader.
When you are looking for a broker to open an account and perform your trades, it is essential to know…
A forex broker is an intermediary between you and the interbank system. Forex trading is like an orchestra. There are…
When you hear about the forex market, you might think it’s a place for the banks and big institutions to…
You’ve heard about forex. You know it can be highly profitable. You’re interested in learning more, or you’re ready to…
Success, in forex, is all about timing. In this article, we take a look at each of the different trading…
Cryptos or Cryptocurrencies can be traded at forex brokers and at crypto brokers in two variations. Crypto CFD The first…
All Forex brokers can be divided into several groups according to their business model. Types of Forex Brokers Dealing Desk…
If you’re new to the Forex industry, then you may have already come across the term Forex Demo Account. Here…
Success, in forex, comes from making good trading decisions. But as a new trader, how do you know which currencies…