ConnectFX is pleased to bring an exclusive interview with veteran forex trader and renowned trading educator, Andrew Mitchem. Andrew is an author, podcaster and teaches traders his time tested trading system at the Forex Trading Coach. Q: Hi Andrew, how did you get started trading forex? A: I started trading after hearing an advert on a local […]
Understanding the Dangers of Leverage in Forex Trading
This article explores the concept of leverage within the realm of Forex trading, its enticing qualities for traders and potential risks. By examining real-world case studies, it provides insight into scenarios wherein high leverage can lead to significant losses. Additionally, it delves into the role of brokers and margin calls in leverage usage, offering strategies […]
What Is Copy Trading In Forex?
Copy trading is a popular practice in the Forex market that allows individuals to automatically replicate the trades of experienced traders. Whether one is new to Forex trading or seeking alternative investment strategies, understanding how copy trading works and its potential benefits and drawbacks can assist individuals in making informed decisions about their investment activities. […]
Helpful Tips For New Forex Traders
The foreign exchange market, commonly referred to as the Forex market, is a decentralized global marketplace where currencies are traded. For beginning Forex traders entering this complex and dynamic environment, it is essential to have a solid foundation of knowledge and skills. This article aims to provide helpful tips for individuals who are new to […]
Understanding How Broker Fees Work In Forex Trading
This article aims to provide a comprehensive understanding of how broker fees operate in the context of Forex trading. Given the complex nature of this market, it is essential for traders to have a clear grasp of the various types of fees they may encounter and their potential impact on profitability. The article will explore […]
Can You Invest Passively With Forex?
Passive investing in the Forex market has gained significant attention as individuals seek to diversify their investment portfolios and potentially generate long-term returns. This article explores whether it is possible to invest passively with Forex, focusing on its underlying mechanisms, strategies, risks, and potential benefits. The concept of passive investing involves maintaining a long-term investment […]
Keeping Up With Recent Changes In Forex Regulation In The EU in 2023
Are you an EU trader trying to stay on top of the ever-changing landscape of Forex regulation? Well, look no further! In this article, we will guide you through the recent changes in Forex regulation in the EU and help you navigate the new rules like a pro. With new leverage rules implemented and stricter […]
Types of currency pairs in Forex trading
In Forex trading, you are likely to encounter different types of currencies. These currencies are traded in pairs, and each one of them has a unique spread. Typically, currency pairs are categorized into three; majors, minors, and exotics. Although each forex broker deals with their choice of currency pairs, this article delves into some of […]
Why Most Forex Brokers Won’t Serve U.S. Traders
Being an American is a great advantage in most cases, especially when traveling abroad. Your money is accepted everywhere and you can travel to any country you please without undergoing much hassle. However, this is not the case when it comes to Forex trading. Trading Forex in the U.S. is not as easy as it […]
Forex Regulatory Changes in 2018
The forex market is continually changing. Every year, new regulations pop up to control a market that is experiencing robust growth, which could get out of control, if not regulated. Both 2017 and 2018 saw many financial regulatory bodies releasing new rules to regulate the operations of the forex market. Some of these rules placed […]
