What are exotic currency pairs in Forex
If you have been spending time learning about the Forex market, there is a good chance that you have heard traders referring to ‘Major’ and ‘Minor’ currency pairs, as explained by otet. However, eventually, there will be another category of...
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What is a currency pair in Forex?
A currency pair in Forex displays the value of one currency relative to another. Traders will always buy one currency while selling another at the same time, which is why they have to be stated together (currency pair) rather than...
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Spot vs Futures Trading: Key Differences
When you step into trading, one of the first choices that you will have to make is whether to trade spot or futures. While spot and futures can initially seem very similar – you buy and sell an asset, look...
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What Is the Martingale Strategy in Forex?
When traders first learn of the Martingale strategy, they often find it to be a magical idea. That is, if you lose, you double the amount of your next trade. A win will eventually let you recover all of your...
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Minimum deposit required for an ECN account
One of the most common questions traders ask before opening an ECN account is: what is the minimum deposit required to start trading with an ECN account? ECN (Electronic Communication Network) accounts are often described as professional or advanced, which...
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