How will the US election 2020 affect the Forex Market? The US presidential election 2020, which is going to be held on November 3rd, is one the most awaited events of this year. ‘Will it turn to be a memorable event or a game changer?’ is one of the…

After you have downloaded and opened the Metatrader 4 software and started familiarising yourself with the platform, the first thing you will most certainly come across is the forex price quote for your chosen currency. The quote is basically a record of a previous transaction in which a currency pair changed hands. When two…

There is a tendency for forex traders to think that everything will be perfect. You will get up every morning and hope that the gods will smile on you and you will gain positive results from the majority of your trading. Sadly, of course, it doesn’t always go well like this.…

As we have mentioned before that forex trading is most certainly not easy for new beginners. In fact, it can even be tricky for even the most experienced traders amongst us. If you get it wrong in forex trading, then you risk making huge losses and this can lead to a failure…

Forex trading platforms are often used in conjunction with equity trading platforms for avid market day traders. LeoPrime offers a wide variety of currency trading platform solutions for you. Foreign exchange (forex) market, being the largest in the world, has many advantages that appeal to a lot of our traders. We get…

The economic calendar is one of the most important trading tools that every forex trader should be using on a daily basis and have their finger on the pulse all the time. The Forex economic calendar details upcoming economic releases, speeches, interest rate meetings, and much more. Economic calendars operate on a…

An exchange and broker may sound similar but they are in fact very different from each other. Let's take a look at why. So, firstly, what is a cryptocurrency exchange? A cryptocurrency exchange (sometimes just known as a crypto exchange) works in a similar way to a stock exchange and…

1. Only use a cryptocurrency exchange/broker It is important to note that cryptocurrency exchange is not part of or similar to any regular stock exchange. It is suggested that you use an exchange/broker that purely specializes in cryptocurrencies, such as Coinbase, Binance, Bitpanda, Coinmama, etc. (there are lots). There are…

Foreign exchange - sometimes also known as Forex or FX - refers to the global, over-the-counter (OTC) trading market where individual traders, investors, institutions and banks, exchange, buy and sell global currencies. It is worth noting that Forex is one of the largest trading markets, with a global daily turnover…

The demo account in the forex industry is like the simulator for airline pilots because just as pilots can practice flying a plane and ‘crashing it’ as many times as they can when they are practising to fly a plane without the risk of killing anyone or damaging a multi-million dollar aircraft,…