Форекс, Форекс Обучение, Форекс Търговия

  • Български (България)
  • English (United Kingdom)
Article archives
Очаквани нива при AUD/USD до края на годината?
We have 6 guests online
Time forecast
София °C | Пловдив °C | Варна °C | Бургас °C
Home Elliott Waves

FOREX trading has been gaining strength for the past 15 years. Many players go to bed and wake up with the thought of the dollar and the rates of other currencies traded on FOREX. The first important thing in FOREX trading is the choice of an appropriate market maker. Competition in the recent years has a positive impact on FOREX market and market makers were forced to reduce the spreads. Several important criteria when selecting a market maker:
- to quote correctly – i.e. not to apply the so-called "slippage" – delaying the  time of the transaction and as a result entering is with 3-5 and sometimes more pips back;
- the dollar rate is sufficiently volatile in the recent years, therefore we hardly need a complex or buggy platform, i.e. the FOREX  trading system  has to be user friendly and reliable. Access to the platform that is denied for several hours, 2-3 times a year is considered acceptable. In the event that it happens more often, this is not our guy. We will not feel good if we miss the dollar rate because the system is technically faulty or we are just fooled with warm beer;
- scale of market makers – generally the larger it is, the more likely is to quote correctly. Many submarket-makers hide behind white label system, i.e. they use someone else’s platform and further expand the spread;
- registration of market makers – those registered in the EU pay off certain amounts in bankruptcy. Though not too often, market makers’ failures still occur in FOREX trading. When registration is in the U.S.A. the procedure is more complicated and has no very clear ending. Market makers of offshore and Asia are more likely to pay nothing. After the crucial change in the dollar 2 years ago, U.S.A. regulators banned the opportunity to hedge positions.
Not less important for any FOREX trader is the necessity for proper training. FOREX trading is difficult enough even for players with years of experience. In the trading folklore we say: “I just need to guess the dollar’s rate for a few times and nothing else”. Unfortunately, as we do not have a crystal ball, we must choose good deals where the risk-profit ratio is in our favor. Invested in appropriate training money shall be returned many times during the first months of FOREX trading. See more in Courses

ECB exchange rates
january 20 2020
EUR  European euro. Used by 15 member states and 6 countries or areas outside the European union.    
BGN  Bulgarian lev    
CHF  Swiss franc    
GBP  Pound sterling. Scotland and Northern Ireland issues own, diffrent, banknotes.    
RUB  Russian rouble    
TRY  New Turkish lira. New Turkish lira. As of 1 January 2005 the currency of the Republic of Turkey is the new Turkish lira (TRY). 1 TRY equals 1,000,000 old Turkish liras (TRL).    
AUD  Australian dollar    
CAD  Canadian dollar    
USD  US dollar    
Currency converter


Credit calculator
Loan amount:

(Use "." for Decimals)
Interest rate:
Monthly repayments:
Total to be re-paid: