Forex Factory, one of the leading forex portals, has added a great addition in its market section – a gauge for real time liquidity. This addition can be very useful for traders. The Forex Factory Market page’s highlight is the independent quotes – quotes from brokers are aggregated using FF’s proprietary system, providing independent real … “Forex Factory Adds Liquidity Gauge”
Category: Forex industry
Forex on the Rise
Forex trading continues to grow. Two separate reports show that the volume of forex trading is on the rise. This goes hand in hand with the evolution of the industry. According to the Bank of International Settlements, the daily volume of forex trading reached 4.1 trillion US dollars a day. This report is published only … “Forex on the Rise”
Transparent Forex Leaders – Making Forex More Mainstream
Not all investors want to actively trade. Some want to put trust in known, reputable traders that they can follow. In the fifth article in the series about making forex more mainstream, this option is examined. In stocks, many investors don’t trade actively. The put their money with a some kind of trust fund and … “Transparent Forex Leaders – Making Forex More Mainstream”
Serious Regulation Will Make Forex More Mainstream
While regulators are maturing with the industry, some of them are still incompetent and traders aren’t always aware of regulation in forex. Better regulation is essential in making forex more mainstream. Part of the blame for the financial crisis was on big financial institutions such as Lehman Brothers and AIG, and the lack of proper … “Serious Regulation Will Make Forex More Mainstream”
Top 5 Sites For Forex Rates
The bid and ask rates that you’ll eventually pay will be the forex rates that your broker will charge you. In lots of cases, especially when there’s a big news event, the exchange rates will significantly differ. Different forex brokers will use different forex exchange rates. So, it’s always wise to compare with independent providers. … “Top 5 Sites For Forex Rates”
Crown Forex – The Scam Goes On – Now Offering
The infamous Crown Forex appears again, now offering everybody to open his own forex company, calling themselves experts in the area of forex business. Forex scammers refuse to die. Here are their latest activities. Those of you following the forex industry are probably familiar with Crown Forex. The saga is very long. In short, they … “Crown Forex – The Scam Goes On – Now Offering”
FXBees Joining the Forex Social Scene
There’s a new kid in the block – Berlin based FXBees launched and offers traders to share their data. Here’s a quick introduction of this interesting site. FXBees labels itself as the “first social forex broker” – traders can open an account with a broker through their platform, rather than connect an existing one. The … “FXBees Joining the Forex Social Scene”
OpenBook – A new social platform for eToro traders
eToro, a trading platform that emphasizes friendliness and simplicity, launched a social network for its traders. Here’s a review of OpenBook. Traders can opt in to share their trades with everybody or keep them to themselves. This is similar to Currensee’s sharing scheme. eToro’s simplicity is seen here – no option to share trades only … “OpenBook – A new social platform for eToro traders”
TV Broadcasts on Winners Edge Trading
I’m happy to report that Casey Stubbs starts a daily show for traders. The show will be aired every day at 7:30 EST (11:30 GMT) and will provide practical trading advice based on the experiences of long-term forex traders. The presentations will be led by Michael Storm from Winners Edge Trading although there will be … “TV Broadcasts on Winners Edge Trading”
4 Major Brokers Now Supported on Currensee
Currensee’s network gets a major expansion. Traders from Alpari UK, FX Pro, Easy Forex and Ava FX can now share their trades on the social network. It seems that (almost) all the brokers are joining and allowing transparency. These four brokers add to Zecco that joined Currensee a few days ago. In addition to sharing … “4 Major Brokers Now Supported on Currensee”