Carry trade is a popular strategy in the financial market, but it also involves several risks that traders must be aware of. One of the main risks is the potential for currency devaluation, which can erode the profits from the carry trade. If the...
Allpips was founded in 2016 and registered in UAE, Dubai. The company was created by a group of professional software engineers willing to bring the best trading platform for everyone who needs sophisticated software.
The difference between the bid price and the asking price is spread. Broker detects this commission or spread when a trader opens a trading position. And this spread is the income of a broker. There are many brokers available in the field of forex...
Automation plays a pivotal role in my time management strategy for forex trading, streamlining various aspects of the trading process and enhancing overall efficiency. One key area where automation proves beneficial is trade execution. By utilizing...
Providers of liquidity act as intermediaries who enable traders to open and close positions easily without having to find buyers and sellers on their own. Tier-1 liquidity providers are the top liquidity providers. Through their connections with...
A stop loss order and a stop limit order are both tools used by traders to manage risk in their trades, but they work differently and serve different purposes.
In the forex (foreign exchange) market, key players are entities that actively participate in the buying and selling of currencies, influencing market dynamics and shaping price movements. The primary actors in this global financial marketplace...
Forex trading, also known as currency trading, is the buying and selling of currencies with the goal of making a profit. It is one of the largest financial markets in the world with a daily trading volume of over $5 trillion. Forex trading can be...
Gold is a precious and valuable metal that can be lost easily if proper precautions are not taken. Here are six ways to avoid losing gold:
Standard trading accounts are the most widely used types of trading accounts. The user has access to standard lots of currency, each worth $100,000, which are available for purchase through the account.