What are Forex Spreads and why are they important?

forex-spreads-explained

In this post I will be explaining what forex spreads are and why they are an important factor to consider before trading the forex market. Forex spreads can be the difference between a profitable and non-profitable forex trading strategy, especially when using a forex scalping system. Before placing a trade, you should consider the current spread and how it can impact your trading costs and therefore the potential profits your next trade may or may not achieve. What are Forex Spreads? In a nutshell, forex spreads are the difference between the bid and ask price. This is a trading cost …READ MORE

FX Primus Review

FX Primus Review

In this post I will review the established forex broker FX Primus. FX Primus prides itself on being the self-proclaimed “safest place to trade”. FX Primus spreads start from as low as 0.1 pips with 0% fees on traders’ deposits and withdrawals. They use third party monitoring for safety of client fund by partnering with Boudica Client Trust who monitor client withdrawals. This helps to ensure that client withdrawal requests are executed as quickly and efficiently as possible. FX Primus is a regulated entity whilst being a member of the Investor Compensation Fund (ICF), this effectively means that client funds …READ MORE

8topuz Review

8topuz-Review

In this post I will be reviewing the extremely innovative and forward thinking 8topuz developed by an emerging fintech company who specialise in the development of artificial intelligence trading algorithms, with great success! Through 8topuz, the average trader can benefit from one of the most advanced trading algorithms that has been applied to forex trading. 8topuz has a proven track record of delivering a good solid performance at the time of me writing this review, with a real verified by FX Blue account showing an impressive gain of over 44k with a win rate of around 60% on a live …READ MORE

How to Predict Forex Market Direction

Forex is known to be volatile, but in reality, it’s not that simple. The market is not random, even if it sometimes seems that way. Instead, it has rules and even laws. You just need to know how to read the situation and understand what it means. Forex has been around since 1981, but for a long time market analysis was neglected. There are reasons to believe that the major banks and other market participants had internal analytics divisions, but their findings were not made public. Even after private Forex trading was allowed in the 1990s, market analysis remained neglected. …READ MORE

Ninja Forex Review

Ninja Forex Review

I this post I will be reviewing Ninja Forex which is a forex trading website which helps to facilitate interaction with fellow traders to share and learn from each other’s experience. This is not a forex trading tool as such but does include information that could be beneficial to some traders. You can challenge each other and compete whilst checking out others strategies to see if they have aspects you can include within your own forex trading strategies. The Ninja Forex website includes a wide variety of verified forex accounts that you can view in more details should you be …READ MORE

ZuluTrade Review

ZuluTrade Review

In this post I will be reviewing the ZuluTrade forex signal online social and copy trading platform. ZuluTrade is a forex signal service that allows any level of forex trader to copy trades of experienced forex traders fully automated. With ZuluTrade, you can view the performance of talented traders from 192 countries and follow their forex trading signals on your own trading account. You can combine the trader’s signals to create your own diversified trading portfolio which can help to optimize your overall trading performance. There is no manual forex trading required with ZuluTrade. You simply choose the traders signals …READ MORE

Fractal Breakout Forex Indicator Review

Fractal Breakout Forex Indicator Review

In this post I will be reviewing the Fractal Breakout Forex Indicator from the Forex Robot Traders team who usually develop forex robots but have made this fractal indicator commercially available to be used stand alone or as part of your own manual forex trading system. There is also a fully automated version of the Fractal Breakout Forex Indicator should you wish to use it. The Fractal Breakout Forex Indicator is for use in the MetaTrader 4 (mt4) trading platform which is freely available to download from most forex brokers across the globe. I prefer to use an ECN forex …READ MORE

Directional Forex Robot Review

Directional Forex Robot Review

In this post I will be reviewing the Directional Forex Robot that has been developed by the team at Forex Robot Traders and runs in the free to download and very popular MetaTrader 4 (mt4) trading platform that is available by most forex brokers across the world. The Directional Forex Robot is a fully automated trading system that will do all of your trading for you, of course you should use a sensible lot sizes that you are content with and do not over leverage your account to avoid a margin call or stop out. For best results with the …READ MORE

WaveRunner Forex Robot Review

WaveRunner Forex Robot Review

In this post I will be reviewing the WaveRunner Forex Robot that has been developed by the team at Forex Robot Traders and runs in the free to download and very popular MetaTrader 4 (mt4) trading platform that is available by most forex brokers across the world. The WaveRunner Forex Robot is a fully automated trading system that will do all of your trading for you, of course you should use a sensible lot sizes that you are content with and do not over leverage your account to avoid a margin call or stop out. For best results with the …READ MORE