When trading Forex, most people don’t think about how brokers make their money. However, this is a fundamental thing to understand before depositing, as you should understand where money flows throughout the system. Nobody cares about your account more than you do, so keep that in mind when figuring out who you should trust. In this article, I’ll take a look at how Forex brokers make money, and what their role is in facilitating liquidity. Understanding how Forex brokers make their ...
MetaTrader 5 strengthens its positions in Pakistan: four TOP 10 brokers use the platform "In 2015, we reported on the first broker launching MetaTrader 5 in Pakistan. A year later, four out of ten leading brokers offer the platform according to the Pakistan Mercantile Exchange (PMEX). The most remarkable thing is that MTG Financials Limited implemented MetaTrader 5 in February 2016 and found itself among the five leading brokers of ...
It is not that well understood why certain Forex brokers are acceptable to Muslims and others are not. The reason is actually very simple. Islamic law prohibits any form of usury, meaning any financial transaction where one either pays or receives interest. If you keep a Forex trade open past a certain time, which is usually 5pm New York time, you will either receive or be charged a small amount of interest on your open trade, which is based upon the differential in the current respective market ...
Trade the News in Forex: How to Capitalize on the Biggest Moves in the Market by Michael Duane Archer How to profit from news that moves the Forex market Trade the News in Forex shows readers everything they need to know to profitably trade specific Forex news events. It begins with a discussion of what constitutes Forex news, then highlights several common news trading techniques and outlines how broker dealers have ...
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