We have different types of orders in the financial markets including: Market orders Pending (limit) orders All or None orders Fill or Kill orders Iceberg orders Execute and eliminate orders etc. In retail FX market we only have the market…
Trading of foreign currencies is always done in pairs where one currency is bought and the other is sold and the prices at which these take place make up the exchange rate. The base currency is always equal to one…
Someone vicious enough to risk his/her own money to get freedom.A trader is a speculator in the market. Simply buys low and sells high and profit out of the difference. Types Category 01 Institutional Traders (Smart Money) – well informed…
How Market Makers Work: Market makers “make” or set both the bid and the ask prices on their systems and display them publicly on their quote screens. They stand prepared to make transactions at these prices with their customers, who…
Liquidity Provider A Forex Liquidity provider refers to an individual or a corporate entity that provides services of being a buyer and a seller of exchange rates in various currencies traded in the Forex Market. The range of movements of…
Broker’s commission Swaps but sometimes they can be positive Taxes/duties Spread _ brokers tend to add a margin on the normal spread provided by the liquidity providers to compensate for MT4 fees. Hahaha… you think MT4 is free, hell no!…
The Foreign Exchange Market FX-Market is the largest of all financial markets, with a daily turnover in excess of US $5 Trillion. The market is dominated by banks who quote the exchange rates – the buy and sell prices for…
