How to Pick the Perfect Forex Account with Exness 2023
Dont know which of our forex accounts is the best one for you? Try our guide. Be it long-time traders or beginners to the forex market, the question of what account to choose i...
Why You Should Give Exness A Second Shot
In many ways, looking for the ideal forex broker is like shopping for a new car. You may want to visit different dealers to find the best vehicle, service, and price to suit your n...
How to Start Forex Trading with Exness? A Step-by-Step Guide for Beginners
Setting up a forex account with Exness is simple, safe, and easy. Just follow our handy guide. Step 1: Select an account Every trader has different needs and financial aspira...
The Contest in Exness - Who won the trip to Madrid, Eid mubarak?
Eid greetings from Exness! We hope you’ve had a blessed Ramadan, and we wish you a restful and happy Eid. With the end of Ramadan, Exness’ trading contest comes to an end too. 15 lucky winners have each received an iPhone XS, and one person will be taking a friend to watch Real Madrid in luxury! Let’s take a look at who won the prizes.
Comparison of all Exness FX Account Types? How to choose the right Account
Exness offers a wide range of account types, all designed to suit a diverse range of trading styles. They are divided into two main types: Standard and Professional. Each account type offers its own set of conditions for commission, margin call, and leverage among many others.
How to Make A Profitable with Forex Trading Strategy in Exness
While many strategies are very different, there are some general rules all strategies should at least loosely follow. Before coming up with a trading strategy, you need to have a sense of what you are trying to achieve. If you are not entirely sure what you’re trying to achieve, you cannot appropriately set goals for your strategy. But that’s just the beginning. In reality, there is so much to consider and what actually makes a forex trading strategy profitable is quite debatable. Let’s look at the most important things you need to set up a profitable forex trading strategy.
What’s the Difference between Swing Trading vs Day Trading? - Which One Should You Choose to Make More Money in Exness
Most traders will probably identify with swing traders or day traders and ideally before you start trading, you should know which of the two camps you belong to. First, we’ll look into the differences between the two and then discuss what factors you need to consider before deciding which one you should be.
Why using a Stop-Loss? How to set Stop-Loss to maximize your Profits in Exness
Let me ask you: Do you get stopped out of your trades only to watch the markets reverse back in your direction? Or perhaps you try to ride a trend only to get stopped out on the retracement. And you’re feeling… “Argh, the market is rigged!” Well, that’s because you put your stop loss at the same level as everyone else — and it makes you an easy target for a stop hunt. But don’t worry, all this will change. Because in this post, you’ll learn you’ll learn how to set a proper stop loss so you can reduce risk, maximize profits, and avoid stop hunting.
How Much Money Do I Need to Start Forex Trading with Exness?
To trade on a financial market, you need capital. Capital is used to buy an instrument if your analysis shows that its price could increase in value, eventually leading to capital gains and a profit for the trader. The Forex market is no different – in order to start trading currencies, you need to invest a certain sum of money with your broker which is then used to buy and sell currencies. The amount invested has a direct impact on the amount of profits you can make, as larger trading accounts can open larger position sizes than smaller trading accounts (given the same amount of leverage). We will tackle the important question concerning the minimum amount of money needed to trade Forex in the following lines, and show you that there is no universal answer that applies to all traders.
What is a Forex Robot & How to use Forex Trading Robots in Exness
In essence, there are two ways Forex traders can approach trading: they can either decide to analyse the market and trade on their own, or they can go with the increasingly popular Forex trading robots that do all the hard work for you and place trades automatically. But, are they really a profitable substitution to trades hand-picked by experienced Forex traders? Let’s find out.
What are Forex Trading Systems & How It works in Exness
Financial markets shouldn’t be traded without a sound tried and tested trading system, and the Forex market is no exception. Making the right trading decisions and finding tradeable setups on the market all depend on the rules of your trading system. Without a well-defined system, entering the market would more resemble gambling than trading, which significantly increases the chances of blowing your account in the long-term. Given the importance of trading systems in Forex, let’s cover what trading systems actually are and what the benefits of defining a trading system as a part of a comprehensive trading plan are. In addition, we’ll show you a simple Forex trading system that works, based on high-probability price action setups on higher timeframes. Let’s get started.
What is Arbitrage in Forex Trading in Exness? Risks of Arbitrage Strategies
There are many ways to profit on the Forex market. Anticipating the future price movements of currency pairs is one of them, and arguably the most widespread among retail Forex traders. Carry trades and accumulating rollover profits is also a popular trading approach, which is based on buying a higher-yielding currency and simultaneously selling a lower-yielding currency, making a profit on the interest rate differential. However, did you know that traders can also make profits with very low risk through Forex arbitrage? If you don’t know what Forex arbitrage is, then you're in the right place. In this article, we’ll cover everything you need to know about the Forex arbitrage strategy and give examples on how it works.