Forex
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Types of CFDs
30 July 2023 , Abe Cofnas
A reliable broker always provides clients with a handful of opportunities and services. One of the fascinating services a broker can provide is CFDs. CFDs or contracts for difference is a popular type of investment in a brokerage. The difference we all talk about here depends largely on the type of financial asset that is […]
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Gold Trading
29 July 2023 , Abe Cofnas
As a Forex Trader, you’re always looking for new investment opportunities that might hedge against inflation. Forex is a perfect place to hedge against inflations and keep the value of your asset if you choose the underlying acid carefully. Since 5,000 years ago, gold has been a popular investment in small and big markets. Mind […]
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Forex Trading Terminology
19 July 2023 , Abe Cofnas
You may have discovered the Forex market from someone around you, from television or internet advertisements. A few words you have read or heard may have picked your interest. Therefore, you should try the market. The first thing you should do when you are interested in the Forex market is do some research and get […]
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Forex History and its Development in the World
18 July 2023 , Abe Cofnas
Forex is the abbreviation of foreign exchange, which expresses the conversion of two countries’ currencies against each other. After the popularity of Forex transactions and the dawn of Forex history, commodities entered the Forex platforms, besides the currencies, and started to get traded as Forex products. But where did it come from? And what is […]
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Analysis of financial markets
10 July 2023 , Abe Cofnas
Understanding the Financial market requires familiarity with the types of assets; we should know about the active companies and types of everyday market transactions. However, understanding the forces affecting the market and the factors affecting asset prices is necessary, as well as price forecasting methods, successful trading, and investment in the market are possible. To […]
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How to Buy and Sell in Forex Market?
10 July 2023 , Abe Cofnas
The forex market is similar to any other market; you buy a currency pair (parity), then sell them more expensive after its price rise, and after that, you buy it cheaper after the currency pair you sell falls to make a profit. Forex transactions are spot transactions; they are not for futures. There is no […]
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Forex Forecasts
8 July 2023 , Abe Cofnas
FX, or foreign exchange, with over 5 trillion-dollar worth of currency traded daily, is the most traded market in the world. Central banks and corporations make up the vast majority of daily forex trading. The only thing driving prices in the Forex is supply and demand, and what influences them both is sentiment. Many things […]
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CFD trades
8 July 2023 , Abe Cofnas
To be a successful trade, you need a strategy, and strategies determine your return. There are different strategies on the market, each of which is designed for a particular situation. Some strategies are designed for professional traders, and you need to spend more time trading on the market to master those strategies. One of these […]
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Can a Forex Broker Buy and Sell Instead of Me?
6 July 2023 , Abe Cofnas
A broker is an intermediary between buyers and sellers to buy and sell a security, commodity, or other financial instrument. The broker receives commissions for executing trades and earning trade price differences. In financial markets, brokers make it easy for investors to access the market and manage their investments. But does it mean they can […]
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How to Get Started with Forex in 10 Steps?
6 July 2023 , Abe Cofnas
You need to start in the forex market, which always attracts attention with its advantages. So how will you do this? If you want to evaluate your savings through forex, the first step should be to get an education. Another important step is to get a head start on the market. However, it is a […]
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