Online forex trading is relatively new in Nigeria and there are no specific rules or requirements regulating this activity. Therefore, the Association of Online Forex Trading has been formed to work closely with the Central Bank of Nigeria (CBN) to monitor and regulate this market. At present, it is better to choose an international forex…
Read More “BrokersView Ranking: Top10 forex brokers Nigeria” »
If you have been contemplating joining the financial markets in order to tap into the opportunities they offer, you need a broker. While the markets appear to be brimming with numerous companies offering their trading services, it doesn’t mean that you should throw all caution out of the window and just opt for the first…
Read More “Bold Prime Review – Is this Broker Legitimate?” »
Forex Brokers in SingaporeSoutheast Asia is a well-known region for its importance in the economy and a recent world’s trading hub, while its one of the leading Forex centers – Singapore. Overall, Singapore operations show large daily trading volumes, that made it one of the leading Financial world centers, which constantly growing and therefore attracting…
TorOption is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, never monitored in terms of its safety and simply may operate the business in any…
Recently, the Securities Commission Malaysia (SC) has updated its investor warning list, which includes unauthorized websites, investment products, companies and individuals. The regulator also emphasized that this list is not complete and is only for investors’ reference before making an investment decision. The latest additions to the warning list are: Financial Binary PSMTrade Potential clone…
Read More “Securities Commission Malaysia Updates Investor Warning List!” »
What is OctaFX?OctaFX is a technology based brokerage company that operates since 2011 and offers industry leading platforms such as MetaTrader5 and cTrader with numerous investment opportunities and great capabilities. At the beginning of its establishment OctaFX walked a path from an offshore brand located in SVG and further on operated in the UK, however…
Read More “OctaFX Review(2022) :How about the OctaFX platform?” »
Throughout this year, several companies have effectively rebranded, which includes seven brokers. January 2021: CMC Markets, the world’s leading online trading broker, announced that its institutional business unit has been renamed CMC MarketsConnect (CMC Connect). The company said that this move reflects that CMC Connect will operate as a true liquidity provider, and its business…
What is a forex and how does it work?Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. Example: Take a trip to the U.S.Before departure: RMB/U.S. dollar exchange rate: 1:6.2; 6,200 yuan = 1,000 U.S. dollarsWhen returning (1):RMB/USD exchange rate: 1:7.21000 USD = 7200 yuanMade 1,000 yuanWhen…
Read More “One article Quickly understand the foreign exchange market” »
