The forex trading business is getting more competitive compared to ten years ago where there was only handful of forex companies offering online trading. Today, there are more than 450 companies offering just the Metatrader trading platform not counting other such as ACTS, ECN and other proprietary forex trading platforms, our estimate is more than [...]
Archive for February, 2012
Offshore Forex Broker
Since online forex trading is unregulated in many countries, investors need to do due diligent on the forex broker that he may open account with. With the USA Frank Dodd laws being effective last year, all forex broker who are not licensed by CFTC, cannot accept US resident clients. US clients still prefer to deal [...]
Best Retail Forex Market
The forex market is the biggest market in the world. The trading volume is more than a trillion a day on a usual trading day. What makes the forex market interesting is it features of the market which allows trader to trade around the clock twenty fours a day five and a half day a [...]
Forex ECN Trading Platform
MFFX is very exciting about the upcoming release of our new ECN trading platform where the ultimate goal is to save our traders tremendous amount of money in transaction cost. Our company is still in the progress of studying the spreads differences for all forex, currencies pairs and CFDs trading instruments and definitely there will be saving [...]
ECN – Forex Trading Platform
ECN – Electronic Communication Network where trading can be done directly through an ECN broker whose has direct market access to the exchanges and banks. The whole idea of ECN is to give clients full access to their order books, and offering order matching outside of traditional exchange hours; in turn lowering transaction cost. MFFX [...]
Which is the Best Forex Trading Platform?
There is no real study or survey done about which is the best forex trading platform in the market but the most popular and widely used retail platform so far is still Metatrader 4 by Metaquotes. Metaquotes has about 450 retail brokerages that purchased theirs Metatrader 4 license; not counting the number of white label [...]
Making Money in Trading Forex
There are few important criteria that one has to adhere to make money in forex trading. Firstly, one has to be emotionless with money as the money as treating the money as in a demo account. How many of you can make money trading forex while practising with demo account? I guess almost 70% of [...]
Which is the best MT4 Indicators?
MT4 Metatrader forex trading platform has more than hundreds of indicators and it is difficult to be able to test every one of them to the likeness of every forex trader. Because of the wide range of technical indicators available in the market, we suggest you to stick with only a few that you prefer. [...]