Latest Market MovesLatest Market Moves
Latest Market Moves in currency pairs trade 24 hours a day, making the foreign exchange (forex) market the world’s most active. Traders can make significant profits in this market by carefully planning their trading strategy, controlling their overall risk exposure, and being mindful when using leverage.
The best forex brokers offer a wide range of assets, low pricing, and unique tools to support traders. Some also offer educational resources and demo accounts to help new traders learn the ropes. Most importantly, the best forex brokers are regulated and adhere to strict financial standards.
Portfolio Management Tips: Balancing Risk and Reward
For example, OANDA imposes no minimum account size and offers its clients access to over 68 currency pairs. Its web and mobile platforms are easy to navigate, and the broker’s spreads (which are typically quoted in pips, or one ten-thousandth of a point) are competitive. Traders can also take advantage of the brokerage’s Premium Plus Trader program, which rewards volume-doers with significant discounts on spreads and other fees.
Another top option is IG, which provides stringent regulation and an industry-leading mix of products and services. Traders can use the company’s proprietary platform, third-party software integrations, and advanced charting tools to trade CFDs on a diverse selection of tradable markets. IG also holds multiple licenses in a number of countries and maintains a rigorous separation of user funds from company money.
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