We are a provider of forex financial news and information, including real-time and historical data of currencies exchange rates, broker reviews, and other information about the forex market in general. We aim to be the most supportive source of forex for brokers in the U.K with high-quality articles created by our team of experienced financial experts. Read more...
Forex Broker Reviews: We focus on bringing in-depth reviews on the most popular brokers. Our articles on this topic include user experience, types of trading accounts with corresponding advantages, unique offers to new users, commissions, and so on. The reviews will pay special attention to the requirements on deposits and withdrawals of each broker, such as the submitting information on the very first withdrawal, the time for a withdrawal to be processed, and the relating fees for an approval. It is also an important thing for traders to know how the broker’s customer services work. ForexTradeInformation.com’s articles will cover all you need to consider a good customer service, from the types of supporting channels the broker offers, the opening hours for these channels, to the responsiveness level of the broker and the attitude of the support agents. The broker list includes (but not limited to) the best-regulated forex brokers (Oanda, IG Markets) and other familiar brokers (Etoro, Plus500, Zulutrade, etc.).
Forex Trading Guides: We have a rich knowledge base of forex trading for the new traders and also experienced ones to study and improve the profit. Traders will find useful articles on forex trading, basic charts, market hours, currencies pairs, and the common forex terms. ForexTradeInformation.com will also introduce traders with a variety of efficient trading strategies around the world so every trader may build the most suitable plan to trade.
Top Brokers 2024 in the UK
Broker | Bonus | Min Deposit | Payout | Review | Open Account |
---|---|---|---|---|---|
Plus500 does not offer bonuses, but their good reputation makes them highly recommendable. | $100 | Review | Visit Broker | ||
Win cash prizes and other things like tickets for Arsenal or other football matches | $250 | Review | Visit Broker | ||
30% deposit bonus on first deposit | Refer to a friend and receive $400 | $100 | Review | Visit Broker | ||
N/A | $500 | Review | Visit Broker | ||
$200 | Review | Visit Broker | |||
No Bonuses offered | $200 | Review | Visit Broker | ||
$25 no deposit bonus | $300 | Review | Visit Broker | ||
No Deposit bonus $20 | Deposit bonus up to $3750 | $100 | Review | Visit Broker |
Forex trading
Foreign exchange, which is commonly referred to as “Forex” or “FX”, is the exchange of one currency for another at a specific exchange rate in the OTC market. Forex is the busiest trading market in the world with an average trading volume of trillions of dollars a day.
The biggest advantage of the foreign exchange market is that it is open 24 hours a day from Sunday night to Friday night. The transaction follows all time zones, opening on Monday morning in Wellington, New Zealand, to Asia-based financial centres before moving to London and New York.
Prices are always available 24-hours a day to help ensure that a price gap between different markets is minimal. You can enter the market whenever you want, regardless of time, although there are certain “quiet times” when trading values fall below the daily average, which could widen the market price gap.
Forex is influenced by a variety of factors ranging from trade flows or international investment to economic or political conditions. These are the factors that make Forex trading very interesting and attractive. High market liquidity means prices can fluctuate rapidly to meet short-term news and events, creating more trading opportunities for small traders. Some of the important factors that affect foreign exchange rates are:
- Political and economic stability
- Monetary policy
- Currency intervention
- Natural disasters (earthquakes, tsunamis …)
What kind of trader are you?
Day Trader: Day Trader trades in financial products by making buy/sell orders and closes them on the same day before the market closes. Depending on the trading method, the day trader can enter several orders to hundreds of orders per day.
High-Frequency Trader (HFT): HFTs use algorithms and transactions with high speed and large trading volumes to gain from small differences with multiple orders in one day and make profits. This strategy often targets a much higher risk/return ratio than the classic tactics of buying and holding. These HFTs often play an important role in creating flash crashes in the market recently.
Rogue Trader: They are usually hired to place orders on behalf of his tenant (under certain terms of work) but placed orders beyond the authority. This Rogue Trader is used extensively in financial markets, where many Rogue Traders have created large special deals and are not approved by their company. The most famous one is Nick Leeson with the bankruptcy of Barings Bank after his loss.
Floor Trader – Trader on the floor: Floor traders are members of stock exchanges or commodities and usually trade on the floor with their own account. Floor Traders often have to obey the same laws as floor specialists, trade people who represent others. To do floor traders must follow the process and have the required qualifications.
There are also other types of trader such as Stock Trader of securities, Day Trader, Swing Trader, Position Trader, etc. depending on the time holding the order.
Why people visit our website
When choosing forex brokers, it is the most important thing that you want to make sure you will get the best trading conditions. This means you can get the lowest price difference, the most suitable leverage for your trading strategy, a variety of transactional products including both primary and exogenous currency pairs, and many things else. Given our high-quality reviews and informative articles about the forex market, your search for the most suitable forex broker will be easier than ever. Our reviews on forex brokers include all you want to know about one: types of trading accounts, trading platforms, welcome offers, deposits and withdrawals, customer support, etc.
At some point, we may all have problems and sometimes you want to make sure you have someone ready to help you. When you deal with ForexTradeInformation.com, you can be sure that someone is always there for you, day as well as the night, in your language, is ready to help you with the biggest challenges you must face. ForexTradeInformation.com provides 24/7 support via email and online chat. We support many languages to serve our global trading community. Our support team will take only seconds to reply to any message.
Best Forex Sites for 2019
Broker | Info | Bonus | Open Account |
---|---|---|---|
Assets: Payout: Demo Account: Yes Min Deposit: $250 |
Win cash prizes and other things like tickets for Arsenal or other football matches | Visit Broker Read Review | |
Assets: Payout: Demo Account: Yes Min Deposit: $200 |
Visit Broker Read Review |
Trading in crypto’s
Cryptocurrency is a means of digital payment with protection against copying, counterfeiting, and alteration. Each crypto “currency” has a unique set of numbers, and dealing on cryptocurrency using special keys. The executed transaction cannot be cancelled. Transaction information is usually public. Cryptocurrencies are not subject to internal or external management, have no single control centre and do not suffer any physical impact. Consequently, the attitude of users to cryptocurrencies is very different.
Currently, there is no general economic purpose and legal status about cryptocurrencies. Therefore, many countries and financial institutions around the world considered these currencies illegal and set many rules to limit its spread.
Of these cryptocurrencies, Bitcoin is the most famous one. Bitcoin was released in 2009 by a mysterious character nicknamed Satoshi Nakamoto. This virtual currency can be exchanged directly with an internet – connected device without the need of financial intermediaries. Given such important features as anonymity, no-fee transactions, more and more people trusted and accepted this cryptocurrency. Bitcoin has a high degree of security, appears and is fully automated based on algorithms and can be possessed by decoding mathematical equations and providing answers, or “dig”. Besides Bitcoin, there are many other types of cryptocurrencies being traded such as Litecoin, Ethereum, etc.
Would you like to start with CFDs?
CFD (Contract For Difference) is an agreement between two parties involved in the difference in the value of a particular asset. When the contract matures, or when the contractor decides to close the position, the seller will pay the buyer the difference between the current price and the open price in case the price increases. On the other hand, if the price falls, and the difference between the current price and the original price is negative, the buyer must pay the difference to the seller. CFD is a derivative that allows traders to profit from the volatility of various assets. Due to much greater flexibility and accessibility, CFD offers many advantages over direct transactions.
One of the major benefits of CFD trading is that you can use high leverage to start trading CFD. This allows traders to get more exposure to CFD fluctuations at relatively low costs. Although leverage can increase profits, it can also increase losses, so it is important to adhere to appropriate risk management strategies when trading CFD margin. CFD is also the opportunity to trade in both market price increases and decreases without commissions or any other financial expenses. You can trade from only one account and take advantage of trading opportunities.
Why we can trade Currencies
Given many advantages, forex trading appears to be a leading choice in investment:
- It’s not necessary to spend too much money to start with Forex trading.
- Easy access to the knowledge: ForexTradeInformation.com will provide everything you need to know to start your very first order.
- The Forex market is open 24/7.
- You can trade at any time without restrictions.
- You can trade anywhere with just a laptop or even a mobile device with an internet connection.
It is important to emphasize that forex market is a large global market and that the active members in this market are not individuals but also large organizations:
- Central bank.
- Trading company
- Hedge fund.
- Investment Management Company.
- Trader, personal trader (Trader).
When you have the necessary knowledge, it is time to enter a transaction with your money. ForexTradeInformation.com will make sure that you are always updated with the latest news on market, besides in-depth reviews on the most popular trading platforms, detailed guides on trading, as well as our opinion on forex brokers in the U.K. Once you are proficient in the deal and start earning money, ForexTradeInformation.com can help you improve with further information about trading tools, strategies, and other efficient practices with our highest goal is the profit you earn!