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What is a currency pair in Forex?

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

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?

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

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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How to Add Symbols in MetaTrader (MT4 & MT5)

How to Add Symbols in MetaTrader (MT4 & MT5)

When you first start MetaTrader, it may feel a little empty. You can see charts, prices, and a beautiful layout, yet something is lacking. That “something” is usually the trading symbol you intend to trade. Many traders believe MetaTrader will...
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