MetaTrader 4 (MT4) is one of the most popular trading platforms in this world. It was developed by MetaQuotes Software and released in 2005. Our MetaTrader 4 User Guide will get you up and running quickly!
Most of the Newbies in forex trading is asking; What is pip and spread?
For people who love challenges, forex trading can be one of hundreds activities that attracts their interest. Why so? Forex trading is not just a trading, it requires meticulous observation to the market where you buy and sell the currency, patience to wait for the right moment to make a move, and even a quick thinking to decide what you should do.
If you have recently entered into the forex trading industry, then you must be aware that there are fluctuations in the currency rates, which directly impact the forex trade. In situations where you lose after investing in forex, you will be advised that you should have kept a record of the fluctuations in the currency rates.
Today, there are various ways people can invest their money and earn more profits from it. One of these options is Foreign Exchange or Forex trading, which generally deals with buying or selling different currencies. In this kind of trading, people usually buy a certain amount of one currency and pay it with another currency. One of the financial options that can be done in Forex trading is the forward transaction, where two parties agree to exchange currencies at a certain time in the future with a fixed exchange rate that they agree upon. The forward transaction may also be done as a swap, in which both parties exchange currencies for a period of time and reverse it at the end of the period.