My Latest UpdatesTrillions of dollars are traded on a daily basis in the forex market. A market that size has plenty of room to carve out your own profits, but there’s also a lot of space for scam artists. You can avoid forex scams if you use common sense, trust only legitimate forex brokers, and follow these guidelines.
As US forex traders, we have limited options when it comes to brokers, but we can still make a great choice. In this article I compare and rank my 6 favorite forex brokers that accept US clients.
You can never fully eliminate risk from forex trading, but consistently successful traders are those that limit their risks as much as they can. Here’s 10 ideas for managing risk as a forex trader.
UPDATE: March 9, 2023 As of March 7, 2023, MetaTrader4 and MetaTrader5 are both back in the Apple App Store. They can now be downloaded and used on iPhones and all Apple products. Since Apple removed the platforms in September, MetaQuotes has been actively addressing Apple’s issues with the apps. Apple’s main problem, it seems, … Read more
It’s incredible how sophisticated but simple forex trading apps are today. You can trade forex from your phone without missing a thing. I’ve tested a ton of forex trading apps and found the six best. Don’t start mobile trading until you’ve read through my recommendations!
CFDs are an increasingly popular option for traders who love high risk/high reward derivatives. This CFDs FAQ should answer all of your questions about this controversial security.
As complex as the forex market might be, getting a start in forex trading is actually quite simple. In just five steps you could become a part of the largest, most dynamic market in the world.
Trading forex can be extremely profitable. It is also inherently risky. Don’t increase your risk by choosing the wrong broker. I’ve carefully analyzed dozens of forex broker options and reviewed, ranked, and compared them so that you can choose the best forex broker for you.
When choosing a forex broker, your first choice is whether to use a regulated forex broker or an offshore “unregulated” broker. Regulated brokers are much safer, but they do have some disadvantages, so it’s important you make an informed decision.
To demonstrate how risky CFDs can be, some CFD brokers are required to disclose what percentage of their clients lose money. I’ve compiled this data from 15 different CFD brokers.
