The Cyprus Securities and Exchange Commission (CySEC) is the financial regulatory body in Cyprus. CySEC is one of the most well known regulatory bodies in the forex market and they play a major role in what brokers can and cannot do. (more…)
Regulation in the Forex trading industry is a golden standard for the broker’s credibility. Since FX is a decentralized global marketplace, there are certainly more scam brokers than in stocks trading, to give an example. Hence, there are special governmental or independent regulatory institutions that aim to control Forex brokers locally. Trading with a regulated broker means that safety and mutual trust are put in the first place. Now let’s see what goals these institutions pursue.
Introduction to Technical Analysis
In recent years, the use of technical analysis as a method of predicting the market has been on the rise. Before that, fundamental analysis was utilized by and large by the trading community. However, there was a realization that fundamental analysis has some inherent shortcomings that might end up causing huge losses for the trader. To identify the high probability entry opportunities, technical analysis employs the use of double exponential moving averages. (more…)
Correlation strategy is arguably one of the most efficient approaches for identifying entry points to make trades. In the binary options market, particular assets are correlated (or have a relationship) with other assets. Correlation implies that you can predict the behaviour or movement of one asset based on the performance of another correlated asset. (more…)
Forex forward transactions are similar to Forex spot transactions in almost all respects other than the timing of the transaction. When dealing in a market of currency exchange in which currency values are constantly fluctuating in value, there is the option to pursue an immediate transaction known as a Forex spot transaction or a much later date known as Forex forward transactions.
Understanding the ins and outs of Forex currency pairs is as important to the currency market as is an architectural blueprint to the foundation of a building. The foreign exchange market has gained popularity in the most recent decades, and inevitably has grown both in traders and participating currencies. Learning and understanding how to approach the currency market is an ongoing process, but becomes easier with practice.
Forex cross-currency pairs provide an ideal alternative for Forex traders who have been involved with the market for a substantial amount of time. Trading in the Forex market can be relatively easy, especially for those who have experience with calculating market trends and determining their preferred currency of interest. Typically, Forex traders are deal in Forex currency pairs which feature base currencies such as the US Dollar (USD) or the Euro. For those traders seeking to lean away from the major currencies, then Forex cross-currency pairs is the best option.
Entering the Forex market as a novice traders can be a fully intimidating experience. It may be wise to consider options available to you, particularly the common practice of hiring a Forex broker. Once you realize that you may not have the expertise and experience necessary for successfully participating in the trading of the Forex market, it would be wise to seek professional assistance.