The Importance of Attaining Forex Regulations

Forex traders are increasing rapidly with the rapid expansion of the retail foreign exchange industry. Novice or experienced investors are savvier today, as they have understood the importance of choosing a reliable and regulated broker. Whether a broker/dealer is regulated or not, does determine their way of seeing how safe their funds are. It is…

Choosing The Right Liquidity Provider

In forex trading, liquidity is crucial. The deeper the liquidity, the smoother the transaction, and the more competitive you are against other brokers. Therefore, when it comes to STP or ECN trading, whether a broker’s offer is attractive enough and could provide a smooth trading environment largely depends on the liquidity provider to which the broker is…

Are you suitable to build a foreign exchange brokerage business?

With the ease of attaining information and lowered costs due to competition in technology development, many platforms, large and small, have sprung up from the first few well-known brokerage brands. As there are coexisting opportunities and challenges, many entrepreneurs with different industry background has all entered the industry. So who typically are the more successful…

How To Read Forex Rates?

Bank OTC Rates How do you determine the price of a specific foreign exchange rate? First, when demand meets supply, and a sale is done. That is where price on screen is determined. In the figure above, it is the Bid and Offer price made by Bank of China, the exchange rates provided are all based on RMB. So we say RMB is the base…
Menu