Regardless of what market you intend to trade, the online broker you choose will have a significant impact on your overall success. Make sure the broker you choose is properly licensed and regulated. Create a trading strategy that includes a position...
According to the exchange rate between Singapore (SGD) and Australian dollars (AUD), one Australian dollar is worth 1.02 Singapore dollars. The rate gradually decreased over the previous decade before rising dramatically in 2021.
The greater the difference between two currencies' exchange rates, the less information is sent. Despite having a lower per capita income, Malaysians have a higher purchasing power than people in several other nations, including Indonesia's nearest...
The FTSE 100 is a popular market index that is quoted and traded widely. The share index measures the performance of companies regulated by company law in the U.K. The index measures the performance of some of the biggest companies by market...
A foreign currency swap, commonly known as an FX swap, is an agreement between two foreign parties to exchange currencies. The agreement entails exchanging principal and interest payments on a loan in one currency for principal and interest payments...
In the currency market, the non-farm payroll data consistently generates the greatest rate changes. As a result, numerous experts, traders, funds, investors, and speculators are eagerly awaiting the NFP data and its impact on currency. The fact that...
The history of commodity trading dates back to ancient times; the rise of numerous empires can be directly traced to their ability to devise complex bartering systems and facilitate commodity trade.
An open position is a trade in which you are still involved. For instance, if you initiate a trade by exchanging US dollars for the Japanese yen, the trade is regarded as "open" until the yen is exchanged for dollars. In a handful of hours, day...
An account that is referred to as a mini account refers to a mini lot of 10000 in case of currency pairs, an account that is referred to as a micro account is as low as 1000, and the account that has the biggest lot size is the standard account with...
CFDs are two-party contracts. By doing so, they agree to pay the difference between a market's opening and closing prices. Therefore, it is a method of speculating on price change without owning the underlying item.