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Forex Demo Trading Competitions vs. Funded Challenge

Forex Demo Trading Competitions vs. Funded Challenge

Ever thought about trading forex but didn’t want to risk losing your money? You should consider a trading demo contest. Forex demo competitions are an excellent way to dip your toes in the trading water before you invest your hard-earned dollars. The purpose of this article is to break down forex demo completions. How do they work, what are the advantages ...

What is Proprietary Trading - The Complete Guide

What is Proprietary Trading - The Complete Guide

Proprietary trading, or prop trading for short, is a specific type of trading that is associated with banks and other financial institutions. It has been gaining popularity among retail traders who are seeking to get funding from a broker. For that purpose, these brokers, called prop firms, allocate their own capital to traders who receive the funding into ...

Proprietary Trading 101 - Guide to Prop Forex Firms

Proprietary Trading 101 - Guide to Prop Forex Firms

Prop firms are the marmite of the trading world today. Traders see the evaluation process or funding challenges required by certain firms as impossibly difficult and not worth the sign-up fee. Many others see prop firms as a career path and point out the vast leverage, training courses, and structured environment as beneficial to independent traders. What ...

Why Psychology Matters in Passing the Funded Account Challenge

Why Psychology Matters in Passing the Funded Account Challenge

Funded trading is a unique opportunity for traders seeking leverage to begin trading without risking their capital. Of course, while there is no such thing as a free lunch nor do the accounts come funded without a cost: traders need to prove their worth. For a small entry fee, contestants have the chance to demonstrate their skills. For those traders whose ...

Pass the Funded Account Challenge and Get Funded

Pass the Funded Account Challenge and Get Funded

The funded account challenge is a trading contest in which the winners are rewarded with real money to trade online. Traders are challenged to prove their ability to earn consistent profits. Those who pass the test get funded with up to $200K in their account. There are three stages to the competition: the demo stage, the verification stage, and the funding ...

Five Things You Need to Succeed in the Funded Account Challenge

Five Things You Need to Succeed in the Funded Account Challenge

The financial world is a buzz with a new challenge revolutionizing the industry: funded accounts. Many brokers are launching contests rewarded with the chance to trade with up to a quarter of a million dollars – risk-free. If this sounds too good to be true, read on. The funded account challenge is a unique opportunity to demonstrate your trading abilities ...

The Consistency Rule in a Funded account challenge

The Consistency Rule in a Funded account challenge

Overview Trading and investing in the global financial markets are increasingly popular, especially in the new post-Covid reality. Retail investors brush shoulders with professional money managers as Wall Street expands and moves to the cloud. In other words, the game of high finance is no longer reserved for the upper echelon of investors. Instead, people ...

What is Leverage in Trading? Best High Leverage Forex Brokers

What is Leverage in Trading? Best High Leverage Forex Brokers

Leverage is oftentimes thrown around without actually understanding what’s behind it. If you’ve ever set foot in the financial markets, you have already experienced what leverage does to your trading performance. If it hasn’t been particularly good, worry not. Once you get how leverage works, your trading will skyrocket to better and bigger profits. This ...

Learn how to pass the OspreyFX Funded Account challenge

Learn how to pass the OspreyFX Funded Account challenge

Having been in the markets for over 10 years, I’ve come to know what to look for and what to avoid in the broker industry. And if you have the proper knowledge of a trading services company and its offerings, you can easily decide whether you want to put your money in or not. Recently, I’ve been hearing more about the so-called proprietary trading firms, or ...

How To Successfully Pass Funded Trading Account Challenges

How To Successfully Pass Funded Trading Account Challenges

If you are either new to trading or looking for exciting opportunities of a more seasoned trader ready to take your next big step and maximize your profits and rewards for your trading skills and acumen, then access to a funded trading account and the massive capital it puts to your disposal may perhaps be your way forward. The problem is that most such ...

Forex Trading In Nigeria - Top Brokers

Forex Trading In Nigeria - Top Brokers

The Covid 19 pandemic and its severe impact on world economies and the financial situation of individuals across the globe have brought to the fore more than ever the realization that it is hard for people to survive depending on just a single source of income. What the crisis has highlighted is that ideally, individuals need to seek out opportunities that are ...

MT4 Forex Brokers Guide: Top Meta Trader 4 Brokers Reviews

MT4 Forex Brokers Guide: Top Meta Trader 4 Brokers Reviews

The MT4, is by far the most popular trading platform and the go-to platform, especially for small-scale, retail traders. This is attributed to the platform’s ease of use, the fact that it is widely adopted among brokers, as well as to its numerous incorporated added features, which greatly enhance the trading experience of traders. To help interested ...

The most essential Forex Trading Tools for Beginner traders

The most essential Forex Trading Tools for Beginner traders

When attempting to successfully trade in the forex market, the largest and most lucrative market in the world, dedicated forex trading tools are as indispensable and essential as is a pipe wrench for a plumber. In other words, without access to the right set of tools, your efforts are doomed to fail and highly likely to create more problems than they can ...

Top True ECN Forex Brokers Explained

Top True ECN Forex Brokers Explained

True to our promise to keep offering insightful information, advice, and tips for existing but also aspiring forex online traders, this present post deals with the topic of ECN brokers, explaining what they are and examining whether and how trading through such brokers may be beneficial towards the trading endeavors and success chances of traders. Why choosing ...

Forex Calculators - How to calculate Margin, Pip Value & Swaps

Forex Calculators - How to calculate Margin, Pip Value & Swaps

Forex trading has been and continues to be hugely popular mostly because existing, as well as aspiring traders, are well aware that it can be both exciting and greatly rewarding if done rightly. However, getting it right and taming and mastering the foreign currency trading secrets is not a ride in the park. To aid and reward their trading efforts, all traders, ...

Learn how to effectively read forex broker reviews

Learn how to effectively read forex broker reviews

Are you fascinated by the world of forex trading and impressed by its hugely lucrative potential? Do you want to start trading the foreign exchange markets, from the comfort of your home or while on the go, but get stuck on step one of the process? Well this is natural, as everyday people can now access the forex retail market online, but to do so they need a ...

Best Forex Brokers for Beginners

Best Forex Brokers for Beginners

Our resident team of experts, always having your interest in mind, has put together this concise, essential guide on how to trade forex, especially geared towards beginner traders, with no previous knowledge of or experience in the world of online, retail, forex training. Against the current gloomy backdrop, where the word is struggling to cope with the ...

Best Forex Brokers for Bitcoin and Crypto Trading in 2021

Best Forex Brokers for Bitcoin and Crypto Trading in 2021

Cryptocurrency trading is on the rise and in great demand, as both traders and providers are now confident that this trend is here to stay. As cryptos consolidate their position and become more widespread, it is natural that cryptocurrency trading is also flourishing and new market providers keep emerging every month, promising to give access to all interested ...

How to buy Bitcoin in the United Kingdom

How to buy Bitcoin in the United Kingdom

The United Kingdom is currently one of the biggest markets for crypto currencies in the world, and Bitcoin and other altcoins are very popular with UK residents. The market is fairly liberal to date and this has made it easier than ever before to purchase and trade cryptocurrencies in the UK, as new related services and exchanges are being launched all the time ...

How to buy cryptocurrencies with Credit card or Debit  Instantly

How to buy cryptocurrencies with Credit card or Debit Instantly

If you are ready and resolved to start investing in and buying Bitcoin or any of the “altcoins” that comprise the fast-developing world of cryptocurrencies, then besides knowing where you can resort to doing so, you also need to know how you can pay. In the past buying Bitcoin and other cryptocurrencies with a credit or debit card used to be really hard, ...