The OctaFX platform was established in 2018 and is headquartered in Cyprus, serving clients in more than 100 countries around the world. When trying to choose from among the many forex brokers, it is prudent to review regulatory compliance and see the important awards or customer reviews they have received. From an awards point of…
When many investors choose a foreign exchange platform, they will pay attention to a problem, that is, the spread. In the foreign exchange market, the spreads of each foreign exchange platform are different, some are relatively low, and some are relatively high. Some investors will ask, is there a zero-spread platform in the market, and…
The U.S. dollar’s tumultuous journey through quantitative easing (QE)During the COVID-19 crisis, the U.S. Federal Reserve (Fed) and the European Central Bank (ECB)—the central banks that issue the world’s reserve currencies—flooded the financial markets with new money. The official reason stated was helping the suffering economy because of the pandemic.Therefore, U.S. president Joe Biden’s proposal…
Read More “OctaFX Releases List of Top 2021 Events that Affected the Financial Market” »
The Forex Market is open for trading 24 hours a day, 5 days a week and 20 – 22 days a month. There are however three dominant sessions in the Forex market. We which shall consider below.The three dominant trading sessions.There are basically three dominant trading sessions for trading the Forex Market known as:A. London…
Read More “Forex Trading hours for Nigerian Traders (Trading Sessions)” »
Abstract：The Forex Demo and Live account are quite similar, the only difference between both is that when you trade on a demo account you do not invest money as such but you can experiment all the features a live account has. It provides you an opportunity to get familiar with the trading platform so that…
Read More “What’s the Difference Between a Forex Demo Account and a Live Account?” »
What are CFDs? A CFD (Contract for Difference) is an agreement to exchange the difference in value of the underlying instrument between the time at which the contract is opened and the time at which it is closed. Geared products like CFDs can help you make the most effective use of your investment capital, but…
