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https://www.wikifx.com/en/newsdetail/202207019014387747.html

Abstract：As a trader, it is almost impossible to trade or enter the market without a broker. Forex transactions which usually take place in the billions of dollars all happen through banks and financial institutions. Without big funds, you cannot play with the big boys. Hence why we retail traders need a broker to act as our intermediary between us and these financial institutions, as well as afford us more buying or selling power. But with that being said you need to familiarize yourself with different types of brokers that are out there and the ones which are best suited to you.

　　As a trader, it is almost impossible to trade or enter the market without a broker. Forex transactions which usually take place in the billions of dollars all happen through banks and financial institutions. Without big funds, you cannot play with the big boys. Hence why we retail traders need a broker to act as our intermediary between us and these financial institutions, as well as afford us more buying or selling power. But with that being said you need to familiarize yourself with different types of brokers that are out there and the ones which are best suited to you.
　　To find the best broker for you it‘s best you first search through WikiFx. This app allows you to find the best-regulated brokers as well as shows you which brokers to clearly avoid. Finding a broker can lead you down some scan brokers who will happily take your money. So don’t walk through a minefield blindfolded. Trust WikiFx.
　　There are different types of brokers out there but there are two you should be most concerned about. There are desk dealing brokers (DD), and direct market access brokers (DMA).
　　DD brokers are also known as the market makers and act as the intermediaries between you and financial institutions. They buy up large positions from liquidity providers and sell these positions in chunks which are then affordable to traders. They essentially take the other side of your trade. The benefit of such a system is that you get
　　· No commissions on a trader
　　· Low entry barriers
　　· Fixed spreads
　　· Fast trade execution
　　The disadvantage of such a broker are
　　· They take the opposite of your trading position, meaning they are incentivized to make you lose
　　· They are able to manipulate the market as they are market makers
　　DMA brokers are given direct access to the interbank Forex market. At this point, the pricing and entry of your trades are then done by the banks as opposed to the broker as the banks act as the liquidity provider. The benefits of such a broker are
　　· There is little manipulation of the marker by a brokers
　　The disadvantages are
　　· Each trade the broker will charge a commission as that is where their profits lie
　　· The barriers of entry are much higher as you will need a lot more cash to get involved in the markets this way.
　　As a trader, it may seem the DD brokers may best serve us but be careful as once again these guys make their money by your losing trades. So they need you to lose and some brokers have done some shady things in the name of making you lose. Because they are the liquidity providers for you they might not be so keen to pay up when you withdraw profits as well. There are many cases of traders being swindled out of their money due to this financial structure. But then again you may not have big amounts of liquidity to gain direct market access to the bank. And the other issue is that with DMA brokers is that the speed of transactions may be slower due to the fact that your trade has to go through the broker to the FX interbank.
　　So the best choice would be a DD broker but it is about finding the right one. Butnlike a said before your best bet is looking to look at your broker using WikiFx. This app aids you in finding the best-rated brokers with the best reviews. They have connected the regulatory boards throughout the world so they can guarantee that if your broker commits any misconduct, they will be put right back into line. Trust me, these guys can save you a lot of Hustle and grief, so give them a try. You are going to need to find a broker in any case so best you go with them.

https://www.wikifx.com/en/newsdetail/202207013394542053.html

Abstract：Jumping into an ocean serves well as a metaphor when describing first entering the Foreign Exchange market. The expert team of the international Forex broker OctaFX gathered some essential tips for you to make sure your jump into these exciting waters is a pleasant, organised and informed one.
　　Jumping into an ocean serves well as a metaphor when describing first entering the Foreign Exchange market. The expert team of the international Forex broker OctaFX gathered some essential tips for you to make sure your jump into these exciting waters is a pleasant, organised and informed one.

　　With 6.6 trillion USD traded daily, Forex Exchange is the biggest financial market out there. In laymans terms, the primary aim in Forex is to purchase a certain currency in relation to another and thereby generate an income.
　　With this essential Forex definition out of the way, there is one more basic statement before we start: All nine tips we are about to present revolve around one basic virtue: discipline.
　　This doesn‘t sound as exciting, but still, hard work and its results are accomplished through personal commitment and experience. Both are fuelled by discipline. So let’s dive right into it.
Always be realistic about your goals
　　This demands perspective and a good first estimation of your potential, especially at the beginning. This gets easier with time: the more experience you have in seeing what helps you reach certain goals, the more sensitive you become to the factors needed to succeed. An extreme example would be this: If you demand a full-week winning streak that will make you a U.S. dollar millionaire by the months end, you are doing yourself a disservice. Being realistic at the beginning means starting small and developing the level of expectancy gradually.
Make sure what you want long-term
　　Usually, after their first time trading, people understand whether trading Forex will just be a random hobby or eventually become a new secondary source of income. If they are serious about trading, their regular job might even start getting in the way—there are many examples of traders who choose Forex as their main occupation.
Appreciate your first small successes
　　Do not dismiss earlier, smaller successes. They keep you humble. They also give you the opportunity to hold on to an almost bulletproof perspective on your ever-developing capabilities. That way, you know which challenges to take on and which ones to dismiss for now.
Track your strategy
　　We have published content on how important it is to have a trading and investment strategy before making your first steps in Forex trading. Lets say, you adopted one, or even devised your own. Keeping track of the results that are intimately connected to your strategy remains key. Adjusting and correcting a strategy, as you gain insights and experience, is the way to go. Your strategy needs to stay flexible for further changes and upgrades.
Be your own bookkeeper
　　Always keep track of your initial investments. Notice how much time you are spending trading. As the old saying goes, ‘time is money’. Time is part of your personal investment just as much as money. If you spend too much time on a particular trade, or you dont see any returns for a long time, you are doing something wrong. Something is off with your trading and investment strategy. Find the flaw—and fix it.
DYOR (Do your own research)
　　Keep yourself up-to-date on what is going on in the world. On the micro and the macro level. This means, you have to understand general developments in world finance—economic and political shifts that might have a tremendous impact on your trading orders. Follow company news that issue or maintain financial instruments that you are invested in. Moreover, be aware of mid to long-term movements of popular currency pairs. Even though this sounds almost self-explanatory, many dismiss this crucial habit.
Risk management first, then profit
　　Always assess the risks involved and weigh them according to the proportion of your initial investment. No smart trader—that we know of, at least—ever went ‘all-in’ on a trading order. In fact, losing huge amounts of money comes from ignorance and erratic or irrational behaviour of the people who resist taking any advice or getting proper training. Keep the proportions of risk and reward as uncontroversial, pragmatic and methodical (according to your strategy) as possible.
　　No matter which reasonable rule you apply: be it the ‘1-percent-rule’ of your entire portfolio for a single trade—or the ‘6-percent-rule’ of your entire portfolios worth that represents your full trading engagement, taking all your active trading orders into account. Do not overextend these rules: the risk of losses becomes disproportionately high, especially in the beginning.
Conquer your ego
　　This friendly advice works well at the beginning of your journey and becomes even more important once you score some bigger successes. Many lose themselves after having achieved great gains. So, do not forget to stay down-to-earth and always remember where you started and how precious every step along the way was. Conquering your ego as a concept is a gradual process, refined by honest introspection and contemplation. Know this: a spoiled trader is a recipe for disaster, financial and otherwise.
Pick your broker wisely
　　To accomplish all of this, you need a reliable and trustworthy partner—a platform and service that will help you follow all the aforementioned advice. If you find one, stay with it. If a Forex broker does everything to uphold the outstanding quality in its services, you can expect a fruitful, secure, and motivating partnership. Compare the trading conditions with other brokers, their company history, and track record. Find out all you can about the brand, its philosophy, conditions, and overall services. Read up on customer reviews and deeper expert reports before you make up your mind.
　　The more care and time you put into this choice, the more likely your Forex journey will be a promising one.
　　OctaFX is a global broker providing online trading services worldwide since 2011. It offers everything one needs to reach their investment goals, providing top-notch conditions utilised already by 7.5 million clients globally.
　　The company is involved in a comprehensive network of charity and humanitarian initiatives, including improvement of educational infrastructure, short-notice relief projects, supporting local communities and small to medium enterprises.
　　On a side note, OctaFX has also won more than 45 awards since its foundation, including the 2021 ‘Best Forex Broker Asia’ award from Global Banking & Finance Review and 2021 ‘Best ECN Broker’ award by World Finance

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Abstract：Generally speaking, the purpose of foreign exchange brokers is to make money. There is no wrong with this because all businesses are set up to make money. The 2 main sources of profits for brokers are deposited amounts by users and volume traded by users. There are some brokers that operate with a legitimate business model with genuine licenses and regulatory statuses as well as good customer support. However, unfortunately, there are some forex brokers that only aim to scam their customers to make quick profits.

　　Mr. A: “Hey, a friend just showed me his forex trading account. He said he just made more than $50,000 in a single day”
　　WikiFX: “Are you sure？ Judging from the looks of it, this may not be true.”
　　Mr. A: “He is my friend, I have been talking to him on an Internet forum for a few weeks. He is a nice person.”
　　WikiFX: “I can't find much information about this broker that your friend is using; thus there is a high chance that it is a dodgy broker. If your friend is an experienced and skilled forex trader, why would he entrust his money with such an unknown broker？ On the other hand, what is his intention of showing you his money out of a sudden？ It could be possible that this is just a fake account that he is using to lure you into joining him and/or his broker.”

　　If you ever find yourself in such a scenario, please be alert for this red flag. It is a high-risk forex broker scam that is very common these days.
　　Now, let us talk about how a forex broker makes their profits.
　　Generally speaking, the purpose of foreign exchange brokers is to make money. There is no wrong with this because all businesses are set up to make money. The 2 main sources of profits for brokers are deposited amounts by users and volume traded by users.
　　There are some brokers that operate with a legitimate business model with genuine licenses and regulatory statuses as well as good customer support. However, unfortunately, there are some forex brokers that only aim to scam their customers to make quick profits.
　　How does a shady dealer operate？
　　A forex broker that looks to reap quick profits from their clients usually uses exaggerated marketing terms such as guaranteed high profits, high leverage levels, bonus capital and etc. This is to attract clients to deposit their money with them.
　　This type of broker may also seek cooperation from their own team in order to make their schemes more real and personal. They hire people to impersonate a profitable fund manager who can provide signals that promise easy profits. They use a fake trading account to show fake profits as “fake proofs”.
　　Once users deposited their money, these forex brokers would come up with many excuses to forbid them from ever withdrawing their money. This is because when a client withdraws his money, it means lesser profits that the forex broker can make, which is why they will use all sorts of tactics to prevent that from happening.
　　Example 1:
　　


　　Dacland Capital told its client that he could not withdraw his profits because he owed the government taxes and that they will submit them on his behalf to the bureau. Once the client paid them the amount that was required, they did not reply to him anymore.
　　Read more about this case here: https://www.wikifx.com/en/newsdetail/202206158714379839.html.
　　Example 2:
　　


　　SAEN Markets hired outsiders to create the impression that there was a profitable fund manager who could guide clients in making easy profits. When the client wished to withdraw his funds, the customer service representative told him to pay for outstanding taxes over Whatsapp. Unfortunately, once he did the additional deposit according to her instructions, she deleted her Whatsapp account entirely. The client was devastated and hopeless because he did not know how to get his funds back.
　　Read the whole story here:
　　https://www.wikifx.com/en/newsdetail/202206169574715862.html.
　　To prevent yourself from falling into the traps of unreliable forex brokers, you can equip yourself with more knowledge through the WikiFX Exposure page https://exposure.wikifx.com/en/revelation.html.
　　This is where users from all over the world reveal their most honest and transparent reviews about their forex brokers respectively, in addition to the cases where they got unfairly treated by their brokers.

　　If you are a victim of a forex broker scam, please do not feel despair. Reach out to WikiFX through the mediums listed below and we would be able to provide assistance in resolving your case:

https://www.wikifx.com/en/newsdetail/202206249704114920.html

Abstract：The essence of trading is real-time execution and understanding the context of the market reaction. To excel in trading, you need to be using your brain instead of being driven by your emotions. There is a fine line between a good trader and a reckless gambler.

　　In this article, WikiFX will share with you 6 tips that can help you upgrade your trading performance, and introduce a free WikiFX FX trading education site that many do not know about. Let us begin with 6 useful reminders that could be of great assistance in levelling up your trading performance.

　　1) You need honesty with yourself to become a good trader. An average trader associates his profits to his skills but blames it on bad luck when he incurs losses. Thus, he could never improve. Be transparent and honest yourself by keeping a trading journal that clearly documents your entry and exit prices, the risk-reward ratio of trades taken, time of the trade taken, reasons for execution, and outcomes.
　　2) Trading requires patience. A good trader knows how to first observe the market reaction, both the long-term and short-term trends, as well as have a clear understanding of the big fundamental picture. They sit patiently waiting for their targeted price points to open and/or close their orders. Beginners, on the contrary, often trade out of the fear of missing out by impatiently placing their orders and closing them prematurely.
　　3) Trade with a capital that you can afford to lose. Do not use the funds that could drastically affect your life, such as your emergency funds, tuition money, or rent. This is because that will impose a significant psychological pressure on yourself which could in turn affect your rationality. You would become driven by emotions, which as mentioned above, turns you into a gambler.
　　4) Be ready to focus on the macro picture. Trading needs a set of long-term goals with a lot of invested time and effort. Trading is a lifelong process. Do not despair or give up on trading just because you are not seeing fruitful results at the moment. Keep your head high with patience and faith in this continuous learning journey.
　　5) Control your emotions. This is easier said than done. In fact, this is by far the toughest factor to master in forex trading. That is why 90% of forex traders are not successful. When you can control your emotions, you will not get easily swayed by the profits and/or losses. You can analyze the market with an indifferent mind, and place your orders rationally.
　　6) Allow yourself to make mistakes. Humans are naturally wired to avoid things that we deem are wrong or painful. Errors and misjudgements will certainly happen when you trade live in the currency markets, and they come with a price tag. In this zero-sum game, losing money is a norm that could happen at any time. Accepting and acknowledging this as a natural occurrence could allow you to see beyond the monetary losses and learn from your mistakes. Over time, as you keep elevating your knowledge and sharpening your skills, you can evolve into a disciplined and consistently profitable trader.

　　Although WikiFX is widely known as a reliable global forex broker regulatory query platform, we also strive to be the most contributing trading companion for all forex traders and investors by providing many free tools and resources.

　　We at WikiFX know that learning forex trading can be as overwhelming as finding the right forex broker. Therefore, in addition to providing verified information about forex brokers around the globe, we have also specially curated a forex trading education site wherein users can learn the ins and outs of forex trading - all for free

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No matter what kind of the video is, just mention WikiFX during your trade in the video, and tag #wikifx and #forex
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Abstract：A fundamental benefit of forex trading is its ability to adapt to changing market conditions. Unlike securities, currency pairings may be profited from both purchasing and selling. This paves the way for a wide range of long and short-term strategic alternatives. Bullish or bearish, which one are you?
　　Price declines characterize a bear market; price rises characterize a bull market, plain and simple.
　　

　　What Is a “Bull Market” Exactly？
　　Prices are rising or are expected to rise in a bull market on the financial markets. “Bull market” is a term that is most often linked with the stock market, although it may be used to any marketable asset.
　　The term “bull market” is normally reserved for long periods when asset prices rise substantially since they rise and fall practically continuously during the trade. Bull markets may endure for months, if not years.
　　In a bull market, what happens？
　　When the bulls rule the market, people want to invest their money; confidence is strong, and risk tolerance rises.
　　Because of this the stock market and other financial markets have seen increases in value, including currencies like the Australian and Canadian dollars, the New Zealand dollars, and the pesos of emerging market countries.
　　A drop in safe-haven currencies like the Japanese yen (JPY), the Swiss franc (CHF), and in certain cases, the US dollar may occur during a bull market.
　　In a bear market, when riskier assets are being sold off and safe-haven currencies are in demand, safe-haven currencies like the US dollar and the Japanese yen tend to increase.
　　How to Profit from a Bull Market
　　Investors who wish to profit from a bull market should purchase early to capitalize on increasing prices and sell after prices have peaked. Although it is difficult to predict when the bottom and peak will occur, most losses will be minor and transitory. Several significant tactics used by investors during the bull market eras are discussed below. However, since it is difficult to gauge the present status of the market, these tactics also include some degree of risk.
　　Why is it important to you？
　　One of the most important advantages of forex trading is the potential it provides traders in both bull and down markets. When one currency depreciates, the other gains, making it possible to benefit from both rising and falling markets when trading forex.
　　Bull and bear markets are crucial to monitor because they help predict current market movements. Being aware of market patterns may help you make better judgments about risk management and develop a better knowledge of when to enter and exit transactions.
　　In a bull market, traders want to join the market when prices rise to exit when they feel the market has hit its top.
　　What Exactly Is a Bear Market？
　　For a lengthy period, a market's prices decrease. An example of this is when stock prices have declined by at least 20% from their previous highs because of widespread negativity and a gloomy market mood.
　　If a stock or commodity decreases 20% or more over two months or longer, it is said to be in a bear market. Economic downturns, such as recessions, may lead to bear markets as well.
　　Bear markets may be compared with bull markets that are on the rise.
　　What Happens When There Is a Bear Market？
　　Bearish markets descend when investors sell riskier assets like equities and less liquid currencies like those from developing nations.
　　In a bear market, traders want to join the market while prices are dropping to purchase when they feel the market has hit its high.
　　In a bear market, when riskier assets are being sold off and safe-haven currencies are in demand, safe-haven currencies like the US dollar and the Japanese yen tend to increase.
　　Why is it important to you？
　　One of the most important advantages of forex trading is the potential it provides traders in both bull and down markets. When one currency depreciates, the other gains, making it possible to benefit from both rising and falling markets when trading forex.
　　Bull and bear markets are crucial to monitor because they help predict current market movements. Being aware of market patterns may help you make better judgments about risk management and develop a better knowledge of when to enter and exit transactions

https://www.wikifx.com/en/newsdetail/202206179924475146.html

Abstract：Ho Chi Minh City - On June 12, 2022, The Wiki Finance EXPO HCMC 2022 was officially held by WikiEXPO at the Windsor Plaza Hotel. This is not the first time that Wiki Finance EXPO has been held in Vietnam. The Wiki Finance EXPO HCMC 2022 attracts more than 2,000 attendees and is supported by 21 sponsors. During the event, there will be more than 25 experts and gurus in the local financial community to deliver fascinating presentations. WikiFX has broadcast the event live.
　　
　　Ho Chi Minh City - On June 12, 2022, The Wiki Finance EXPO HCMC 2022 was officially held by WikiEXPO at the Windsor Plaza Hotel. This is not the first time that Wiki Finance EXPO has been held in Vietnam. The Wiki Finance EXPO HCMC 2022 attracts more than 2,000 attendees. We have 21 sponsors that work with us. During the event, there will be more than 25 experts and gurus in the local financial community to deliver fascinating presentations.WikiFX has broadcast the event live.
　　About WikiFX and Wiki Finance EXPO
　　WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry. WikiFX can evaluate the safety and reliability of more than 34,000 global forex brokers. WikiFX gives you a huge advantage while seeking the best forex brokers.
　　WikiEXPO is established in 2018 by WikiFX. As a brand of the offline exhibition in the international financial industry, WikiEXPO is a professional knowledge sharing and business exchange platform for project owners, investors, and practitioners. WikiEXPO holds global financial exhibitions regularly to create a relatively safe investment environment, provide opportunities to share knowledge, and boost the financial industry.
　　Wiki Finance Expo HCMC 2022
　　At the opening of the exhibition of Wiki Finance Expo HCMC 2022, the Vietnamese representative of WikiFX delivered an impressive speech about the outstanding features that the WikiFX App brings to users, as well as the new vision and development strategy of WikiFX in 2022.
　　Based on the needs of participants, the exhibition brought the latest and hottest topics on the market and countless practical values of financial investment.
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　　Despite the impact of Covid-19, it presented diverse and richer content. Not only did it receive the attention and positive feedback from the participants, but also it effectively bridged the gap between the investors and the exhibitors. Market demand increases constantly, so each WikiEXPO exhibition spreads widely with strong attractions. Generally speaking, as a leading exhibition brand in the financial industry, WikiEXPO is committed to creating a new vitality for the financial market and building an increasingly sustainable investment community.
　　Wiki Finance Expo HCMC 2022 ended well at 18:00, fully supported by every participant. Thanks again for following WikiEXPO in this meaningful event!
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　　Stay tuned for more events of WikiEXPO in the near future

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2. JOIN ANY ENGLISH COMMUNITY GROUP OF WIKIFX:
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https://www.wikifx.com/en/newsdetail/202206153224619172.html
Abstract：One of the first things you should get to be aware of as a beginner is that[ur=https://www.wikifx.com/en/] trading[/url] involves you losing your money. Volatile markets and shifting prices necessitate continual monitoring and study of economic developments that may impact your trading. As a result, one of the most important things you need to be aware of first before thinking of placing your order or is to set a stop-loss order. Traders can better manage their funds this way.

　　One of the first things you should get to be aware of as a beginner is that trading involves you losing your money. Volatile markets and shifting prices necessitate continual monitoring and study of economic developments that may impact your trading. As a result, one of the most important things you need to be aware of first before thinking of placing your order or is to set a stop-loss order. Traders can better manage their funds this way.

　　Continue reading to see how a stop-loss can help you feel by reducing your risk exposure.

　　A Stop-Loss Order？ What does it mean？

　　Stop-loss orders are limit orders that close a transaction when a certain price is achieved. Stop-loss orders are intended to restrict an investor's loss on a security holding. You may, for example, put a stop-loss order 10% below the price at which you purchased the stock. In other words, when the price reaches this level, it immediately cancels an open position, limiting future losses.

　　It is critical to remember that stop-loss orders are not used to avoid losses, but rather to restrict and limit them. As a result, in a fast-moving market, there may be a mismatch between the current market rate and the stop-loss rate you establish.

　　THE BENEFITS OF USING A STOP-LOSS ORDER

　　· Keeping emotional factors out of your decision-making

　　Fluctuation in market price often gives trader another thought of changing their mind pertaining to their views about their next trading action. This is very bad since it involves deviating from your original trading plan, and there is a probability that you might lose more than you were ready to risk. In this approach, a stop-loss order prevents you from making rash judgments that might jeopardize your overall strategy. Stop-losses, by enabling you to select how much you are prepared to risk, can help you stay disciplined throughout your trading adventure.

　　· The ease of not needing to continually check the functioning of your asset

　　Daily trading requires maintaining track of economic happenings that may have an impact on your trading holdings. Setting a stop-loss prior to initiating a trade allows you to spend time working on your trading methods since your stop-loss will protect you from losing more than you can afford to lose. Furthermore, you will be able to manage several trading positions, which will be managed by your stop-losses.

　　· It's simple to put into action.

　　When traders sign up with a forex business, they have access to a trading platform where they can place order of their choice and make various orders. A stop-loss order is simple to establish and incurs no additional costs. Place what you want, the amount you can afford to lose on the specific offer, or select an exact rate at which the deal will shut automatically. As a result, you may establish a stop-loss to fit your trading needs and expectations.

　　In conclusion

　　In turbulent transactions, stop-loss orders can assist traders limit unmanageable losses. Financial markets are prone to quick changes and volatility, which is why incorporating a stop-loss order into your trading plan may be quite beneficial.

　　Ready to maximize your trading potential？ With an XPro Markets trading account, you may access two distinct trading platforms, each of which caters to the demands of a different trader.

Top ten secrets for making profits in Forex Trading: A lesson for all South African traders

https://www.wikifx.com/en/newsdetail/202206148664432223.html

Abstract：The major mistake made by traders today is that they do not take the time to learn the secrets for making profits in the forex market. The forex market had existed for more than a millennium and only smart traders profit immensely from this most volatile market. We have therefore compiled in this work the major secrets for making profits in the forex market based on our research and interactions with lots of expert traders with years of experience in the industry.

　

　　Top ten secrets to make profits in Forex Trading
　　· Master the factors that move the Forex market: Fundamentals and technical analysis have remained the two major factors that move the market. However, the fundamentals always come before the technicals. The Fundamentals is known to validate the technicals. Fundamentals factors refer to major news releases bordering on the economy, politics, and monetary policies. Of these, interest rate hike, quantitative easing (Tapering), lockdown due to pandemic, wars, and Consumer Price Index (CPI) has remained the chief fundamental factors that moves the forex market. The technicals on its part determines the extent of the movement to expect from these factors based on the previous effects it had on the market previously.
　　· Choose your favorite pairs to trade: Many traders lose money in the forex market today because they want to trade all pairs in the market without mastering any pair. They become a jack of all trades and masters of none. Expert insists that the best way to master trading is by choosing not more than three pairs as the only pairs one trades in the market and carrying out thorough research on all the factors that moves these pairs.
　　· Create a trading plan: Trading plans are an indispensable guide for all successful forex traders. They spell out for the trader what to trade, when to trade, when to enter and exit the market etc. A trading plan makes trading easy for the trader and reduces stress.
　　· Visit the economic calendar daily: The economic calendar is an invaluable guide for traders. Thus, they show the major events to influence the market for the day. Good traders always paid great attention to the events in the economic calendar and took positions based on the outcome of these events.
　　· Choose a reliable broker: Choosing a good broker helps to secure the trader's investment. ECN brokers are often the best brokers for traders today.
　　· Avoid over-leveraging: Use of excessive lotsize often endangered ones account in cases of sudden reversals. Experts recommend the use of appropriate lotsize as an efficient risk management practice.
　　· Follow reliable news sources: Wikifx.com are trusted news providers to assist the trader in learning about the forex market. Traders can also visit other forex news to keep abreast with the latest news in the forex market.
　　· Discipline your emotions: Developing the proper trading psychology is very important to win big in the forex market.
　　· Learn new strategies every day: Learning new strategies daily gives the trader a better understanding of the market structure.
　　· Discuss with experts and mentors: Sharing ideas with experts helps one to discover the secrets of success in forex

https://www.wikifx.com/en/newsdetail/202206145894912531.html

Abstract：The Japanese yen fell past the psychological 135 line to levels against the U.S. dollar last seen in October 1998.
　　The scale of the move has repercussions for the domestic economy as yen-based import prices are surging at a record annual pace, heaping pressure on household balance sheets.
　　The Bank of Japan and the Japanese government on Friday gave a rare joint statement that they may intervene if weakness persists.

　　So far the fallout from the weakening yen has been minimal for broader financial markets, but that could change if the sell-off accelerates.
　　Below are key questions about what a sliding yen means for Japans economy and international markets:
　　WHY IS THE YEN WEAK？
　　The yen, the third most-traded currency globally, fell as low as 135.22 yen after starting 2022 at 115. With the dollar up more than 16% so far this year, the yen is on track for its biggest annual drop since 2013.
　　The weakness primarily stems from widening interest rate differentials between Japan and elsewhere.
　　While the rest of the world, led by the U.S. Federal Reserve, is raising rates aggressively to tame soaring inflation, the BOJ has doubled down on its easy policy stance.
　　The gap between Japanese 10-year government bond yields and those in the United States is 293 basis points — a near 3-1/2-year high — while the gap with German yields is at 8-year highs.
　　WILL AUTHORITIES INTERVENE？
　　They certainly say they might.
　　On Friday, Japans government and central bank said they were concerned by the recent sharp falls, the strongest warning to date that Tokyo could intervene.
　　The yen quickly bounced away from its two-decade lows, but not everyone is convinced actual intervention is likely.
　　Given the economys reliance on exports, Japan has historically focused on arresting sharp yen rises and taken a hands-off approach to yen weakness, which is more difficult because yen-buying requires Japan to draw on limited foreign reserves.
　　The last time Japan intervened to support its currency was 1998, when the Asian financial crisis triggered rapid capital outflows from the region. Before that, Tokyo intervened to counter yen falls in 1991-1992.
　　Currency intervention is costly and could easily fail given the difficulty of influencing the yens value in global foreign exchange markets.
　　WHAT CAN STOP THE DECLINE？
　　A marked improvement in growth prospects as the country reopens its borders post-COVID and higher inflation could alter the BOJs dovish stance.
　　Japan‘s core consumer prices in April were 2.1% higher than a year earlier, exceeding the BOJ’s 2% inflation target for the first time in seven years.
　　“The yens fall could stop if the BOJ changes tack and becomes hawkish,” said Francesca Fornasari, head of currency solutions at Insight Investments.
　　Any sign that rates outside of Japan are peaking might also prompt a relief rally. There are no signs of that yet though, with U.S. rates set to peak at 3.5% in mid-2023, according to futures markets.
　　DOES A WEAKER YEN BOOST THE ECONOMY？
　　The yen has weakened back towards recent 7-year lows versus the Chinese yuan and is hitting new multi-year lows against the Korean won and the Taiwanese dollar, which should provide some relief for Japans widening trade deficit.
　　Some like John Vail, chief global strategist at Nikko Asset Management, say currency weakness is crucial for Japans economy to maintain its competitiveness as a secure source of supply-chain diversification.
　　The yens decline also boosts the attractiveness of its stock market among foreign investors who consider it undervalued versus European and U.S. markets. Japanese stocks have outperformed rivals in 2022, although they are still down as investors globally dump riskier assets.
　　WHAT DOES IT MEAN FOR FX MARKETS？
　　The yen has long been the currency of choice for investors undertaking so-called carry trades, which involve borrowing in a low-yielding currency like the yen to invest in higher yielding currencies like U.S. or Canadian dollars.
　　A strategy borrowing in yen and investing in an equal basket of U.S., Australian and Canadian dollars would have yielded more than 13% so far in 2022, according to Refinitiv data.
　　But the speed of the yens drop and questions about policymaker intervention is fuelling unease among investors, especially with short bets against the yen near six-month highs.
　　Further volatility and weakness could undermine its appeal as a funding currency.
　　WHAT ABOUT DOMESTIC INVESTORS？
　　The yens weakness puts Japanese investors in a bind.
　　Yields are high and rising, which makes foreign bonds much more attractive. But that also means the cost of FX hedging is climbing.
　　So Japanese investors can often only capture the higher yields if they buy foreign bonds unhedged.
　　But with the yen at such depressed levels it is difficult for investors to stomach such currency risk, such as the yen appreciating. Even a modest move back to 115-120, where we were 4 months ago, would eat up years worth of yield advantage

https://www.wikifx.com/en/newsdetail/202206084554960599.html

Abstract：As a forex trader, have you heard of the term “VPS”? If you have not, this is the perfect article for you. With a mere few dollars per month, you can upgrade your trading experience to enjoy increased stability, fewer slippages, and faster execution speed.

　　VPS is the short form of ‘Virtual Private Server’, sometimes also known as ‘VPS hosting’. They are virtual proprietary servers that run independently of each other and have their own computing resources, and their functions are almost indistinguishable from those of real servers.

　　VPS allows traders to connect to the server remotely. In forex trading, VPS refers to a server that is located in the same data center as the trading broker's trading server.
　　After the VPS has been installed and configured, forex trading on the VPS can continue 24/7 without any disruption, even if the user's computer is turned off at home, or if he is away from his computer/mobile phone.
　　When you log in to the trading terminal, you will find that trading on the VPS is the same as trading regularly – the way you log on to MT4 or MT5 and place trades remain the same. Nevertheless, VPS provides you with distinct advantages that enhance your trading experience.
　　VPS is particularly suitable for traders who use EA (Expert Advisor) to automate their trading, which allows them to trade without interruption in case of accidents on their personal computers. VPS can function even in the absence of an Internet connection. In addition, VPS also offers anti-virus, protection against malicious attacks, and secure data backup.
　　Some forex brokers may offer VPS virtual servers to their clients for a fee but some may offer them for free. The complimentary VPS services usually come with limited functions and with certain terms and conditions tied to them.
　　Choosing the right VPS service may sometimes be as overwhelming and time-consuming as choosing the right forex broker because there are so many VPS providers in the market. If the wrong provider is chosen, a traders performance and the trading account could be capitulated entirely.
　　At WikiFX, not only do we help you filter out unreliable forex brokers with our query platform, but we also provide VPS services for traders at a price that is as low as a cup of coffee.

　　For the desktop version, click this link to find out more about WikiFXs VPS: https://cloud.wikifx.com/en/vps.html

　　See how WikiFXs VPS promises the same benefits as mentioned above as well？

　　If you are a WikiFX app user, you can find the VPS services offered by WikiFX here (as demonstrated by the red arrow).
　　WikiFXs mobile application is one essential item that every forex trader should have on his mobile phone or device. Simply head to Google Play/App Store to download it for free right now.

　　WikiFX knows that it is everyones right as a forex trader to have a smooth and optimal trading environment, thus we make this affordable for everyone.

　　With a price tag of as low as 99 cents for an entire month, you will never need to worry about disconnected Internet or slippages ever again.
　　Investing in the currency market is widely encouraged but it is time to pay attention to the importance of having a prime trading environment and experience.
　　Remember, you can easily cover back such an insignificant cost with just one trade!

　　With the implementation of VPS, forex traders can now explore the options of expert advisors (EA), an automated trading system software that helps you trade on its own – now you can bid goodbye to the long screen hours staring at the technical charts and watching every pip move

https://www.wikifx.com/en/newsdetail/202206091724694649.html

Abstract：Experts have repeated demands for the Federal Government (FG) to implement a strategy to address the country's extended volatility in the foreign currency (forex) market in order to stimulate stock market, present uptrend, listed enterprises' profit

　　Experts have repeated demands for the Federal Government (FG) to implement a strategy to address the country's extended volatility in the foreign currency (forex) market in order to stimulate stock market, present uptrend, listed enterprises' profit.
　　The stakeholders said that one of the key reasons the stock market had an unparalleled slump in recent years was due to investor indifference, which was exacerbated by a chronic currency shortage, and that this has continued to impede investment development and profitability.
　　It was made to know that a lack of forex limits productive diversification and discourages investment inflows into a country, liquid forex markets will entice foreign investors who have been on the sidelines or have fled the country. According to them, addressing the country's present currency deficit will improve the profitability of listed firms and increase dividend distribution to shareholders.
　　According to the experts, when the Importers and Exporters' window was introduced in mid-April 2017, it helped to stabilize volatility and liquidity in the forex, also bringing foreign investors into the market, as average Foreign Portfolio Investment (FPI) for every month went up to N85 billion, up from N43 billion in 2016.
　　As a result, they proposed that the government develop a specific funding structure, like formation of an intervention fund, which allow firms to easily receive currency.
　　Remember that the value of Foreign Portfolio participation in NSE equities trading reached N851 billion in October 2017, which is 60.8 percent more than the N517.55 billion recorded for the whole year ending December 2016.
　　Tajudeen Olayinka, Chief Executive Officer of Valmon Securities Limited, defined foreign currency scarcity as an external sector imbalance and a sign of insufficient supply of a major international currency in an economy relative to import demand in that economy.
　　Olayinka emphasized the need of the Central Bank of Nigeria (CBN) ensuring that the foreign exchange market operates efficiently so that the economy may run in a way that aids in the restoration of external equilibrium.
　　An study of the detrimental impact of prolonged FX shortages on listed enterprises' which showed that International Breweries Plc lost more than N11 billion in the second quarter of 2021, more than double the N3.7 billion loss reported in the same period in 2020.
　　The company's foreign currency loss of N7.8 billion accounted for a its deficit in the second quarter. The half-year loss was more than the full-year loss in 2020 of N12 billion.
　　Foreign currency losses accumulated in the second quarter have continued operating constraints, contributing to the company's cost-income imbalance. Another charge of nearly N11 billion was spent by the corporation due to a currency loss in the second quarter of 2021.
　　
　　Kolawole Jamodu, chairman of the company, stated that despite all measures put in place by regulators to stabilize the market, the non-availability of forex will be a major problems business will face in 2021, particularly in transactions with overseas partners and suppliers for imported raw materials.
　　“To address the continuing currency crisis, the CBN implemented a variety of initiatives, including the adoption of NAFEX as the official rate, the suspension of forex sales to Bureau de change operators, and forex rationing.”
　　“It also harmed investor confidence since overseas investors couldn't readily repatriate their dividends.” The inability of businesses to maintain an unbroken supply of completed products to the market was exacerbated in large part by the inaccessibility of input materials.
　　According to Eric Akinduro, President of Ibadanzone Shareholders Association, non-availability of FX has significantly impacted the operations of companies in Nigeria and lowered their stock values on the market.
　　The apex bank must revisit these rules and create an enabling climate for Nigerian entrepreneurs. The greatest method to address Nigeria's foreign exchange crisis is for industries to create indigenous materials. Too much reliance on foreign commodities will usually result in excessive product costs.
　　Patrick Ajudua, President of the New Dimension Shareholders Association, emphasized the importance of establishing an intervention fund, which would provide manufacturers with quick access to currency.
　　According to him, such a fund, in the form of a loan, will attract low-cost interest rates in the single digits, allowing manufacturers to break even in the face of significant inflation.
　　He stated that such money should be used to finance these enterprises' import-related operations and to boost local raw material manufacturing in order to decrease the burden on the use of currency for importation

https://www.wikifx.com/en/newsdetail/202206081534779730.html

Abstract：The foreign currency market is one of the most often used methods of funding. In truth, several individuals became billionaires almost immediately. To begin with, the foreign currency market is the world's largest and most liquid marketplace, operating twenty-four hours a day and generating 3 trillion $ $ $ $ in daily transactions. With these features, everyone will demand a reduction in the measures in place inside this industry.

　　The foreign currency market is one of the most often used methods of funding. In truth, several individuals became billionaires almost immediately. To begin with, the foreign currency market is the world's largest and most liquid marketplace, operating twenty-four hours a day and generating 3 trillion $ $ $ $ in daily transactions. With these features, everyone will demand a reduction in the measures in place inside this industry.
　　However, due of the rewarding potential that you may undoubtedly have in the forex market, there are also risks indicated. It is a fact that the majority of those who dealt in currency trading lost, and many of these people incurred severe economic loss. As a result, if you want to work in the Forex market, you must have the right information and skills for buying and selling foreign currencies. In the foreign exchange market, you will find equipment that you may utilize to enhance your earning potential. Maps are a great example of a superb tool that you may use in the foreign currency market. Currency trading maps provide graphic information of what is going on in the sector. It provides information on which currencies are increasing or decreasing in value.
　　Currency trading suggest investing is one of the most popular tools employed by Currency trading buyers to maximize their earning potential in the Foreign currency business. This program identifies trends by studying graphs. There are also signs that may be used to do currency trading suggest investment. Currency trading indicates investing permits you, as a forex trader, to determine when it is best to buy or sell a certain foreign currency. Indicate investment is often done by experts and agents that one might hire to do indicate investing. Indicate investing may actually provide you with the opportunity to make a significant profit in the currency market.
　　With indicate investing in the foreign currency market, you may increase your earning potential while decreasing the danger of losing money. Agent registration indicates the existence of investment. You will be alerted through email on a regular basis. Some higher levels of membership will even allow you to be alerted through mobile phone or email. Some indicate investing registration may cost $100 per month or more, depending on the indicate investment assistance feature you choose.
　　Investing can be beneficial to your interests. For example, if you hire an analyst to alert you when the best moment is to buy or sell a given currency exchange, you will save a lot of time and effort compared to doing the analysis yourself. With this incentive, you may delegate all of the analysis to the analyst or the dealer. This is especially beneficial for people who have other employment in addition to trading in the foreign currency market. It is possible to focus on your work while still earning money in the currency market without having to analyze all of the maps and signals.
　　However, if you build a career out of investing in the foreign currency market and have the necessary talents and data to examine maps and locate industry advancements, you may be able to invest on your own. This will save you a lot of money.
　　Be aware that currency trading is not for everyone, and you should be prepared to lose money in the first few weeks of investing. If you cannot afford to lose money, forex currency trading is not for you.
　　Large earning opportunities in the currency market are really real. Consider sign buying and selling if you have the necessary funds. Remember that while hiring an analyst or a dealer to provide you with signals in suggest investing might cost a lot of money, you should also consider how knowledgeable these people are in analyzing market patterns. If you indicate that you want to invest, you can significantly reduce your chances of losing money in the currency market.

https://www.wikifx.com/en/newsdetail/202205244034359947.html

Abstract：Although the Forex market is the most liquid of all asset classes, there are periods whereby volatility is constant, and others subdued. Understanding these different Forex session times can improve the reliability of a Forex trading strategy. In this article, we will explore each of these Forex market sessions including their key characteristics – Forex time zones and how they affect trading.
　　There are three major forex trading sessions which comprise the 24-hour market the London session, the US session and the Asian session. Each major geographic market center can exhibit vastly unique traits and tendencies that can allow traders to effectively execute strategies at any time.
　　Although the forex market is the most liquid of all asset classes, there are periods whereby volatility is constant, and others subdued. Understanding these different forex session times can improve the reliability of a forex trading strategy.
　　In this article, we will explore each of these forex market sessions including their key characteristics – forex time zones and how they affect trading.

　　WHAT ARE THE MAIN FOREX TRADING SESSIONS？
　　Customarily, the forex market is divided into three market sessions:
　　· Asian session (Tokyo)
　　· European session (London)
　　· US session (New York)
　　The forex market is seen as highly functional/dynamic during these trading sessions as major banks, institutions and retail traders are operational. Noting the specific times of each trading session will assist forex traders in developing their trading strategies around this data.

　　ASIAN TRADING SESSION
　　Tokyo is the first forex session to open, and many large participants use the trade momentum In Asia to develop their strategies and utilize as a gauge for future market dynamics. Approximately 6% of the world's FX transactions are enacted in the Asian trading session.
　　EUROPEAN TRADING SESSION
　　London is the largest and most important forex trading session in the world, with roughly a 34% market share of the daily forex volume. Most of the world's largest banks keep their dealing desks in London because of the market share. The large number of participants in the London forex market and the high value of the transactions makes the London session more volatile than the other two forex sessions.
　　The onslaught of liquidity coming in from London can greatly increase the ‘average hourly move’ of major currency pairs such as EUR/USD. The chart below illustrates this statistic based on the time of day - notice the increase that takes place as the European trading session begins at 03:00 ET (08:00 GMT).

　　US TRADING SESSION
　　The second largest trading market, New York handles approximately 16% of the world's forex transactions. Many of the transactions in New York occurs during the US/Europe overlap, with transactions slowing as liquidity dries up and European traders exit the forex market.
　　Notice the green dot on the previous chart around 08:00 ET (13:00 GMT) when US comes online and when the market has the Europe/US overlap, the average movement increases even further until London falls offline (denoted by the red dot) near 12:00 ET (17:00 GMT).
　　As mentioned previously, the liquidity during this time is relatively low as the US session has little/no affect. This lower liquidity allows for range bound trading strategies with greater use of indicators such as RSI.
　　Day traders who like ranges, meaning buying at support and selling at resistance should consider trading the European currencies during the late US session into the Asian session (19:00-07:00GMT).
　　Day traders who like breakout and trends should consider trading when Europe comes online to when the Europe moves offline (08:00-17:00GMT). Secondarily, trading Asian currencies (AUD or NZD) during the Asian session may provide some breakouts too as that is the active business day for those home currencies.
　　If you try to trade breakouts of European currencies during the Asian session, you will likely find it frustrating as those markets tend not to move as much since that is ‘off hours’ for those currencies.
　　If you want to know more information about the reliability of certain
　　brokers, you can open our website (https://www.WikiFX.com/en). Or you
　　can download the WikiFX APP for free through this link
　　(https://www.wikifx.com/en/download.html). Running well in both the
　　Android system and the IOS system, the WikiFX APP offers you the easiest
　　and most convenient way to seek the brokers you are curious about

https://www.wikifx.com/en/newsdetail/202206069704512503.html

Abstract：As you all know that there are many brokers with the same name or we can say there are many companies that are copying some real brokers name and be cheating traders.
　　Before you invest your money in any broker try to find out the real name of that broker so that you will not loose your money, that why WikiFX want help you and show you how you can identify the real brokers and fake brokers that are having the same name in WikiFX Application or website.

　　After you download WikiFX, you should sign up with your phone number or email address and make sure you verify both of them so that you can be allowed to use any feature of the WikiFX app / website.
　　Steps to find the difference between fake and real broker that has same name the difference are as follows
　　1 The real brokers will have most higher scores
　　2 They will have regulatory license and certificates
　　3 There website address is real and it can be visited with higher security
　　To search and identify for a real broker
　　Click on search bottom with the broker name that you want identify you will see them so make sure you click on top one you will see it has the most higher score and the logo is differ different from the fake broker.
　　After it's open, click on the scores so that you can see the full information and scores of such brokers spend some little time and get more information about it so that you will know the exact broker you are investing your money.
　　Always open WikiFX website or Application to know more about thousands information of forex brokers[/quote]

https://www.wikifx.com/en/newsdetail/202206069704512503.html

Abstract：As you all know that there are many brokers with the same name or we can say there are many companies that are copying some real brokers name and be cheating traders.
　　Before you invest your money in any broker try to find out the real name of that broker so that you will not loose your money, that why WikiFX want help you and show you how you can identify the real brokers and fake brokers that are having the same name in WikiFX Application or website.

　　After you download WikiFX, you should sign up with your phone number or email address and make sure you verify both of them so that you can be allowed to use any feature of the WikiFX app / website.
　　Steps to find the difference between fake and real broker that has same name the difference are as follows
　　1 The real brokers will have most higher scores
　　2 They will have regulatory license and certificates
　　3 There website address is real and it can be visited with higher security
　　To search and identify for a real broker
　　Click on search bottom with the broker name that you want identify you will see them so make sure you click on top one you will see it has the most higher score and the logo is differ different from the fake broker.
　　After it's open, click on the scores so that you can see the full information and scores of such brokers spend some little time and get more information about it so that you will know the exact broker you are investing your money.
　　Always open WikiFX website or Application to know more about thousands information of forex brokers

https://www.wikifx.com/en/newsdetail/202206022844259460.html

Abstract：All online brokers are not created equal. There are significant variances in service quality, regulatory compliance, and cost. So, before you decide where to put your money, ask your broker these questions.

　　All online brokers are not created equal. There are significant variances in service quality, regulatory compliance, and cost. So, before you decide where to put your money, ask your broker these questions.
　　Do you have a financial market regulator's license？
　　This is a crucial point. Inquire about an over-the-counter derivatives provider (ODP) license from online brokers who sell contracts for difference (CFDs). CFDs are a sort of derivative that allows a trader to profit from changes in the price of an underlying asset without actually owning it.
　　Do you have a South African office that I may visit？
　　It is critical to have a physical presence in the area. Several brokers operate entirely online, with no physical presence. You might as well be on the moon if something goes wrong with your account. Choose a broker with a local office where you can go if you have any problems or just to get a sense of the company's culture.
　　How much do you charge？
　　On the website, the online broker should make their charge schedule available, and those costs should be straightforward to comprehend and clear. Inquire with the broker about any hidden costs.
　　When you buy or sell a financial item, brokers make money by charging a spread. The spread is the price differential you pay based on whether you're a buyer or a seller. That spread isn't set in stone. It changes according to the instrument and the liquidity available (how much money is moving into and out of that instrument). The lower the spread, the higher the liquidity.
　　Make sure there isn't a commission fee added on top of this. When trading CFDs, keep in mind that if a position is kept overnight, there is a financing charge. Most brokerages charge approximately 6% each year, which is tiny enough to go unnoticed, but be aware that these expenses will build up over time if you keep a position for a long time.
　　Keep an eye out for deceptive advertising.
　　Is the broker giving the idea that online trading is a quick method to make money without mentioning the risks？ Be warned: internet trading has significant risks since you can buy financial products with leverage, which means your profits and losses are magnified. You're basically purchasing more financial assets with less money, which is terrific when the market goes your way but highly worrisome when it doesn't.
　　Choose a broker who does not use deceptive advertising and clearly discloses the dangers.
　　Is there a basic check done by the broker to verify if you can afford to invest？
　　If you can't afford to lose the money you're trading with, you shouldn't be trading. If you want to augment your income by trading, that's OK, but only trade with money you're willing to lose.
　　What kind of training and assistance do you provide to your clients？
　　Are there any tutorials that teach how to trade, how to interpret charts, how to put up a trade, and how to grasp the underlying factors behind market price moves that are straightforward to follow？
　　Is there a support center where you may get help setting up your trade？ Is there a weekly webinar or coaching session available to assist clients？
　　Is there someone competent who will keep a watch on your trading, good or bad, and correct you when things go wrong, such as when you risk too much money in one trade？ (a common reason for trader wipeout

https://www.wikifx.com/en/newsdetail/202206026004646933.html

Abstract：When you are trying to enter the world of forex trading, be sure to look out for reliable forex brokers. To filter out strong, reliable brokers, you must do some background research. The reality is that trading is hard enough, if you do not end up with a credible broker, it could hinder your progress in trading.

　　WikiFX is a global forex broker regulator query platform that holds verified information of over 35,000 forex brokers while working closely with 30 national regulators worldwide. WikiFX was established with the main mission to keep traders away from scam brokers or high-risk brokers that do not have a legitimate business operation.

　　Traders need to learn to protect themselves from scams by unscrupulous brokers from the very beginning, especially in certain countries where the lack of regulation and transparency makes investment scams all the more common. Here are 4 crucial self-protection steps that WikiFX recommends for traders upon engaging with a forex broker:
　　1. Do a deep and all-rounded background research on that specific forex broker.
　　To do this efficiently and effectively, simply log on to www.wikifx.com or download the free WikiFX mobile application from Google Play or App Store.

　　Then, simply type in the broker of your choice into the search bar to see WikiFXs assessment, review, evaluation, and ranking from all major aspects.
　　It is important to choose a broker with a high WikiFX rating and ranking as this means that the broker is credible enough to be trusted.
　　Below is an example of brokers that are considered good by WikiFXs strict and high standards:

　　This, on the other hand, is an example that showcases brokers that might possess underlying risks as they are not regulated:

　　2. Read honest reviews posted by other trading clients. This could be easily done through the WikiFX Exposure page: https://exposure.wikifx.com/en/revelation.html - because there is no better way to know more about a broker than through their own clients.
　　This is WikiFXs Exposure page (web version):

　　On the mobile application, you can find the Exposure page by following the red arrows:


　　Here, you can see various disputes that trading clients have with their respective forex brokers:

　　3. Read the relevant documents as well as terms and conditions carefully when opening an account or taking on any sort of promotions offered by forex brokers, especially some deals that might seem too good to be true. The incentives offered at the time of account opening may also be used to prevent you from withdrawing your funds. For example, a trader deposited $1,000 and received a $2,000 bonus. Later the trader losses money and wants to get the rest of the funds back, at which point the broker may tell him that he cannot withdraw the money because the bonus cannot be withdrawn.
　　This is an example for a trader that fell prey to a brokers promotional “bait”:

　　4. If you are satisfied with a broker after searching for information, you can open a mini-account or deposit a small amount of money in the account first. If and only if it goes well, then consider depositing more money.
　　Below is an example of a user who had an issue when trying to withdraw a small amount of money and it avalanched into a bigger issue with a bigger amount:

　　In conclusion, traders should always remember the golden rule “it is better to be safe than sorry”. We know it sounds cliché, but this statement is cliché for a reason. Just like trading, it is always a traders job to protect his/her capital and that starts with choosing the right broker.

　　If you need more tips in choosing the right broker, please feel free to refer to this article that is titled “6 Factors to Consider When Looking For A Forex Broker

https://www.wikifx.com/en/newsdetail/202205306864442498.html?


Abstract：Anyone who trades the forex market without a proper understanding of the fundamental factors that move the Forex Market is a gambler. The Forex Market is ontologically designed to be an investment package for individuals, companies, and government. However, the desire to make quick money by scalpers has dented the image of the forex industry. Forex is a tool for hedging against inflation and maximizing profits. And never a place for gambling.

　　By: Damian Okonkwo
　　The forex market has witnessed a lot of abuses today from high-risk traders who have turned the platform into a gambling zone. Many today now deny that the forex market is an investment package. For some, it is a bogus Ponzi scheme. This is a misconception of the purpose of the forex industry which has been designed as a tool to hedge against inflations.
　　Is Forex trading a gambling zone？
　　Anyone who trades the forex market without a proper understanding of the fundamental factors that move the Forex Market is a gambler. The Forex Market is ontologically designed to be an investment package for individuals, companies, and governments. However, the desire to make quick money by scalpers has dented the image of the forex industry. Forex is a tool for hedging against inflation and maximizing profits. And never a place for gambling.
　　What is the basic knowledge every forex trader must have？
　　To profit immensely from the forex market, the trader must first select his preferred pairs to trade and next master the factors that those pairs. Next is to study how those fundamentals have moved the market in the past (price action) to enable him to make an intelligent forecast for the present time. These two factors are known as fundamental and technical analysis.
　　What are the factors that move the Forex Market？
　　Many factors move the Forex Market which every trader must study and understand their impacts on the market such as:
　　A. Economic Factors: Several economic factors affect the performance of the country's currency such as Interest rate hikes, Consumer price index (CPI) Non-Farm Payroll (NFP), Tapering, and Personal Consumption Expenditures (PCE), Monetary Policies, etc. Every trader must pay attention to the news regarding these and take positions based on their outcome.
　　B. Political Factors: Political crises are usually very negative for the country's currency. Also, during moments of elections and underperformance of the existing government, the performance of the country's currency is impacted negatively.
　　C. Natural disasters: Natural disasters such as Climate change, global warming, and other natural disasters bring a lot of setbacks to the economy.
　　D. An outbreak of diseases or War: Wars often lead to the destruction of the progress made so far. A pandemic could cause a slowdown in economic engagements which affects the economy drastically.

For Beginners: What is NFP? | WikiFX Keeps You Updated with High Impact News

https://www.wikifx.com/en/newsdetail/202205277984280504.html

Abstract：The United States' non-farm payroll data release is always something that forex traders look out for. What is this event all about? Why is it so important? In today's article, WikiFX will provide some insights on this economic event and how you can keep up with impactful events conveniently from now onwards.

　　Non-farm payrolls (NFP) data include non-agricultural employment, unemployment rate, average hourly wage growth rate, employment rate, labor force participation rate, etc., and are divided into previous, expected, and published values.
　　The NFP reports are compiled on a monthly basis, with the previous month's statistics released at the beginning of each month. The U.S. non-farm employment data is released on the first Friday of each month at 08:30 a.m. Eastern Time (Daylight Saving Time) by the Bureau of Labour Statistics of the U.S. Department of Labour for the previous month.
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　　The NFP data reflects the current employment situation in the manufacturing and service sectors in the U.S. and is an important indicator for the Federal Reserve Board (Fed) to assess the overall U.S. economic situation and adjust monetary policy.
　　The main goal of the Federal Reserve Board (Fed) is to control inflation and stimulate employment, so in the formulation of monetary policy, non-farm employment data is one of the key data to be considered. Therefore, the monthly release of non-farm payroll data will attract high market attention. Non-farm payrolls generally release three values: the number of new jobs, the unemployment rate, and the employment rate, of which the number of new jobs and the unemployment rate are the most important.
　　The difference between the actual and expected values of the monthly non-farm employment data will usually trigger greater volatility in the financial market, and the greater the difference, the greater the volatility in the financial market.
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　　A decrease in non-farm employment means the economy is slowing down or in recession. On the contrary, if the number of non-farm employment grows significantly, it means that the employment situation is good, which can raise the consumption level and drive the positive development of the economy. Therefore, good non-farm employment data has a very important impact on the exchange rate of the U.S. dollar and vice versa.
　　Therefore, the time before and after the release of the non-farm payroll data is likely to cause greater volatility in the foreign exchange market, commodities, America's stock market, and any relevant financial market.
　　Traders can then analyze the market's reaction based on the difference between the actual published value and the previous and expected values, and further, evaluate the trend of foreign exchange prices and take advantage of this increased price volatility.
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　　WikiFX's financial calendar is a free tool that can be utilized by investors and/or traders to stay up to date with all economic events, especially high-impact ones like the NFP report.
　　On the homepage of www.wikifx.com, head to the “news” section and then select “financial calendar” in the dropdown menu.
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　　You could also use this link (https://live.wikifx.com/en/calendar.html) to head directly to WikiFX's financial calendar tool.
　　All events are displayed in chronological order along with their level of importance, previous value (from the earlier month), expected value, and the actual announced value and degree of changes.
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　　On the top right, select the date of your choice here.
　　You could easily backtrack to look at past events or check upcoming events in the (near) future.
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　　Another function that goes hand-in-hand with the WikiFX financial calendar tool is the 24/7 News Flash section (https://live.wikifx.com/en/7x24.html)
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　　The WikiFX News Flash section allows users to set voice reminders and desktop notifications so they will never miss out on any important economic events.
　　This News Flash section is also handy for traders that do not have time to read through lengthy jargon-filled financial articles as they could be informed of the latest changes in just under one sentence.
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　　Both WikiFX's financial calendar and news flash functions are available on the WIkiFX free mobile app too – download now at Google Play at App Store.
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　　On the WikiFX mobile app, the 7*24 News Flash and Financial Calendar functions are located side by side.
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　　With just a single scroll, you will be able to catch up with all the latest happenings that happened and are going to happen. No more being caught off-guard by the “sudden” changes in the currency markets that could cost you unnecessary losses or miss out on golden trading opportunities unknowingly

https://wap.wikifx.com/en/newsdetail/202205271024490011.html
Abstract：Strategy is crucial for marketers and can help them in creating a profit. Strategy is been visible because the maximum important issue of investor groups. They don't have any concept what they are able to suppose in the event that they have the proper mindset. There isn't anyt any such element because the high-quality good buy in buying and selling, and this text will help you in figuring out if the approach is extra important than the the Forex market. You should be capable of realize that method is the only object that could help you in expertise the marketplace.

　　Strategy is crucial for marketers and can help them in creating a profit. Strategy is been visible because the maximum important issue of investor groups. They don't have any concept what they are able to suppose in the event that they have the proper mindset. There isn't anyt any such element because the high-quality good buy in buying and selling, and this text will help you in figuring out if the approach is extra important than the the Forex market. You should be capable of realize that method is the only object that could help you in expertise the marketplace.
　　If you don`t have a plan, you can not make cash together along with your method. In this state of affairs the mentality is extra important than method.
　　What is the importance of method in evaluation？
　　As a result, method is an vital device for evaluation. If you aren't studying the marketplace, you haven't any concept while Forex will flip itself. Developing a more potent method need to be your pinnacle attention in case you need to make effective judgments. As a result, the thoughts could have a more have an impact on in both embracing or rejecting the plan. Create a strategic method which you trust will bring about powerful and on the later give up makes you earn profit
　　The significance of psychology withinside the workplace
　　When it involves a commercial enterprise career, psychology is pretty vital. It is sort of difficult in an effort to manipulate together along with your dynamic loss with out a strong intellectual environment. New Australian investors often fail after dropping a sizable amount of buying and selling cash.
　　They commenced to actual retaliation for the transaction. However, that is one of the number one motives why maximum new groups fail. You view a corporation's loss to be a value of doing commercial enterprise. You will now no longer be a worthwhile dealer in case you do now no longer manipulate your risks.
　　The extra you study, the extra cash you'll make.
　　See extra information
　　If you trust that method is extra sizable, you will be questioning what goes on with the Forex market. Of course, the plan is depending on your notion, that you have in thoughts after the sale. This plan is simply the final results of doing commercial enterprise and thinking. It isn't always the simplest element so as to preserve your corporation running.
　　A collection of sentiment analyses advises all investors to have a clean expertise of the marketplace trend. This evaluation could now no longer take region if the method changed into extra vital. Your mind will decide whether or not to promote the marketplace part-time and could formulate your plan. The thoughts continues method, and also you should pay attention to it. Know what you preference in the Forex market and use your thoughts to promote the marketplace. The plan is probably to investigate the marketplace, however it constantly comes right all the way down to your commercial enterprise thinking.
　　Last thoughts
　　You should promote this emblem with caution. the Forex market buying and selling is not anything extra than a transient solution to a problem. Learn to exchange the usage of rate movement alerts withinside the marketplace considering the fact that it's miles one of the greatest techniques to keep away from buying and selling. Concentrate on marketplace traits and hazard control whilst positioning your corporation

https://www.wikifx.com/en/newsdetail/202205253054425528.html

Alpari · a day ago
Abstract：The forex market has always looked glamourous from the outside with money-making opportunities everywhere, especially when it comes to forex brokers. With a high failure rate for forex traders to become successful, shouldn’t forex brokers be all profitable? What is the real reason that so many forex brokers go bust?

　　Veteran forex broker Alpari UK was hit by the serious impact of the CHF abolition and went bankrupt in January 2015, resulting in a large number of customer accounts suffering from huge losses when the company finally filed for bankruptcy. Its liquidation team KPMG took more than 2 years to finally release the last batch of customer compensation funds in recent days. Customers were compensated with funds at a rate of 82 cents per dollar restored.
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　　There are 2 main reasons for foreign exchange brokers to file for bankruptcy.
　　1) The company's necessary capital shortage
　　Foreign exchange brokers must be regulated by the local and operating markets, and the premise of the license is that its operating capital must meet regulatory requirements. Each regulatory jurisdiction has different minimum capital requirements, which are mainly used to demonstrate the broker's ability to maintain long-term operations. In addition, this capital protects the broker from going out of business if it faces significant losses.
　　For example, the minimum regulatory capital requirement is $20 million in the United States and no less than 1 million AUD in Australia. However, one sudden and sharp fluctuation in the foreign exchange market can cause a broker to suffer a huge loss. In addition, margin calls from liquidity providers can result in brokers being forced to file for bankruptcy as their funds are quickly withdrawn.
　　2) Brokers being slapped with lawsuits
　　Forex brokers could be sued by their clients for a few reasons. The two most common situations are when forex brokers engaged in fraudulent practices and account managers perform acts that are not in the interests of their clients.
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　　When a forex broker files for bankruptcy and goes bust, their assets become untouchable. No liquidity providers nor clients can claim their money anymore. Most traders trading capital would be stuck in their accounts because they were not allowed to make any withdrawals until the final settlement. Some brokers may eventually return the funds but some brokers just disappear into thin air, especially the ones that do not have a credible setup, to begin with – that is unregulated, unlicensed with no official business premises.
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　　WikiFX is a global broker regulatory inquiry app that holds information of over 35,000 forex brokers in collaboration with 30 national regulators. Here, traders can find verified details of a certain forex broker before engaging with them

AS THE NAIRA WEAKENS, BDC OPERATORS DEMAND A FRESH FOREX WINDOW. IN NIGERIA, WHO ARE BDC?
https://www.wikifx.com/en/newsdetail/202205236874169330.html

Athens · May 23, 2022 8:32 AM
Abstract：According to research, the Bureau De Change [BDC] can be seen as a firm that is licensed to provide small-scale foreign exchange services in Nigeria and whose primary purpose is to do such activity on a stand-alone basis.
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　　According to research, the Bureau De Change [BDC] can be seen as a firm that is licensed to provide small-scale foreign exchange services in Nigeria and whose primary purpose is to do such activity on a stand-alone basis.
　　The Nigerian Association of Bureaux De Change Operators has urged the Central Bank of Nigeria to establish an Autonomous Foreign Exchange Trading window for BDCs with a predetermined maximum daily limit.
　　This, according to the organization, this will let qualifying BDCs to get dollars from banks, the autonomous market, and the Diaspora forex widow at market rates.
　　The forex dealers also suggested that current BDC automation portals be improved so that transaction returns may be filed on CBN/ABCON/Nigerian Financial Intelligent Unit/ Nigeria Inter-Bank Settlement System Plc websites for effective regulatory monitoring and supervision.
　　The body also advocated the formation of an automated portal to encourage the registration of undocumented and unlicensed operators in order to effectively monitor, identify, and trace their transactions.
　　ABCON believes the idea will keep the naira from falling further and ensure price stability in the economy.
　　This was stated by the BDC operators in a statement. The country continues to struggle with a currency shortage.
　　According to the statement, the naira was trading at 596/dollar on the parallel market and 415.83 to the dollar in the official market, resulting in a rate differential of N180.17 per dollar. The ABCON National Executive Council announced the “effort to rescue the naira” during its meeting in Lagos, where it detailed plans to “save the native currency, bridge exchange rate gaps, and reduce volatility in the FX market.”
　　ABCON President Alhaji Aminu Gwadabe stated that there is an urgent need to increase dollar liquidity in the market and make sure there is stable price in the economy.
　　These efforts protect the local currency and economy from the effects of election expenditure, which had maintained inflation in the double digits for a long period. The ABCON chairman argued that the naira's decline versus world currencies was caused by increased dollar demand and a lack of liquidity to fulfill the demands of retail end users, producers, and other major actors in the economy.
　　“The naira has always been under a lot of strain as a as a result of dollar shortages, making it difficult for FX end users, manufacturers, and key industry participants to get the dollar needed to satisfy their demands,” he added.
　　“ABCON, led by myself, will continue to encourage our members to play an important role in lowering market exchange rate disparities and reducing the increasing premium between the parallel market and the official window.” Gwadabe cited many issues that continue to weaken the naira's stability and value relative to other currencies. Following the Central Bank of Nigeria's decision to halt the sale of currency to BDCs, ABCON has made repeated appeals for the sale to resume.
　　The CBN, on the other hand, has stated that it may not resume currency sales to BDCs anytime soon

https://www.wikifx.com/en/newsdetail/202205182504395953.html


Abstract："In order to curb forex scams, Nigerians must start viewing forex trading as a talent, not a get-rich-quick scheme." People must be patient in order to see their investments increase." These are the remarks of Emmanuel Okwara Jnr., Equiti's Nigerian country manager. The worldwide FX market is the world's largest financial market, with an estimated daily trading volume of around $7 trillion.
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　　“In order to curb forex scams, Nigerians must start viewing forex trading as a talent, not a get-rich-quick scheme.” People must be patient in order to see their investments increase. These are the remarks of Emmanuel Okwara Jnr., Equiti's Nigerian country manager. The worldwide FX market is the world's largest financial market, with an estimated daily trading volume of around $7 trillion. Nigeria is one of the nations that fully utilizes the forex trading market. Forex is a worldwide decentralized market where currencies and other financial assets are traded.

　　With the internet expanding and becoming an integral part of daily life, the majority of people are looking for ways to earn money online to supplement their income.

　　Despite the fact that forex trading has grown in popularity as more individuals enter the market, many Nigerians have lost large sums of money to scammers. Furthermore, the federal government appears to be uninterested in growing the business.

　　Emmanuel Okwara, country manager of Equiti Nigeria, believes Nigeria should start viewing forex as a talent rather than a get-rich-quick scheme.

　　Equiti is a multi-award-winning, world-class fintech startup that provides a platform for anyone to trade the global financial markets.

　　Okwara believes that Nigerians must be patient in order for their finances to grow, saying that this is vital to prevent falling into the clutches of fraudsters.

　　He claims that the main reasons individuals lose money are greed, fear, and an attempt to beat the market.

　　“Most traders trade aggressively, and at the end of the day, someone loses his cash and thinks forex trading is a fraud,” Okwara explained. “The company is not a scam, but that person's risk management is really poor.”

　　“Most people, we realize, are trading with their family issues in their heads.” Some people trade in order to get wealthy in two weeks. That is not how it works.

　　“We have folks that have been trading profitably for years.” They haven't lost any money, so what's the deal？ Good risk management and trading psychology are to blame.

　　According to Okwara, the three Ps of forex are procedure, patience, and practice.

　　He stated that the three Ps rule all businesses and that if traders use them in forex, 'there is no way you can argue it is a fraud.'

　　“People underestimate what they should know and overestimate what others have,” remarked Okwara. “Anyone can achieve it by spending just 30 minutes of their time every day.”

　　Okwara emphasized that the finest kind of empowerment is financial empowerment while asking the Federal government to take advantage of chances in the FX market.

　　Okwara believes that forex trading has the ability to reduce unemployment and poverty in the country. He stated that by utilizing the institutional mechanism to generate a lucrative foreign exchange in the country, as well as government market control, Nigeria could substantially reduce unemployment and poverty.

　　“So, this is a type of business that, if the government can get into it, regulate it, and teach people in collaboration with us, this is one of the things that will reduce poverty very quickly,” he added.

　　Okwara stated on the Equiti platform that the company provides a platform for people, institutions, and businesses to trade possibilities in the global financial market.

　　This market, according to him, contains assets such as currencies (such as EUR, USD, GBP, JPY, and others), spot metals (such as gold, silver, and platinum), crude oil, equities, and indexes.

　　He said that Equiti also provides a platform for consumers to trade all of these assets, as well as instruction on how to use the platform economically.

　　“We don't take money from you.” We only launched our license in the United Arab Emirates two weeks ago. We are one of the few brokers with a US business license and the first broker to obtain licenses in Kenya and Jordan. Although we are new in Nigeria, we have been in business for 13 years.

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　　Equiti operates in Africa, Asia, the Americas, Europe, and the Middle East. It also intends to increase its presence in major Nigerian cities.

　　'We have a massive growth strategy.' We intend to open offices in Lagos and Port Harcourt. In addition, we intend to establish satellite offices in Kaduna, Kano, Benin, Calabar, and other locations. We welcome collaboration.

　　He stated that what Nigeria requires at this moment is government regulation of the Forex business against bogus brokers.

　　He stated that when the government continues to complain about individuals doing something and they continue to do it, there is a need to ask questions.

　　“Forex trading is here to stay, so why isn't the government regulating it？”

　　'We want to control this company to make it more orderly.' Apart from that, to clear the negative name. Regulations will assist in separating the chaff from the grain. However, because it is a permeable environment, anything might happen. Kenya's business environment is highly controlled.

　　“Although the Securities and Exchange Commission has done an excellent job of educating Nigerians, we need regulation.” We are willing to collaboration with the government because we want people to be aware. The media should also assist us in spreading the word.

https://www.wikifx.com/en/newsdetail/202205179994585102.html

Best Ten ECN Forex Brokers in Nigeria today

My Forex Funds · a day ago

Abstract：Forex trading has become increasingly popular in Nigeria today. Many foreign brokers have seen the potential of the youthful population of this country who prefer quick and easy money-making business and sought to extend their services within the country. Given our preference for ECN brokers over other rest, we have provided a list of the most popular ten brokers operating in Nigeria today as well as the Wikifx rating for these brokers.

By: Damian Okonkwo


Who are ECN brokers？

The term ECN is used to refer to those brokers that operate through an Electronic Communication Network. This type offers its traders direct access to the market with very little spread charged. They equally offer a Straight Through Processing (STP) for all orders placed at the market. ECN brokers are highly regulated brokers recommended for long-term investors in the forex market.

List of best ten ECN brokers operating in Nigeria today and approved by Wikifx

« Hantec Markets: An award-winning broker as the most transparent broker in Africa. Very popular in Nigeria today with four branch offices in Nigeria located at Enugu, Lagos, PortHarcourt, and Abuja. Offers excellent copy trade services. This broker was founded in 1990 in Hong Kong China but has since then extended its branches across the globe with over 22 branches in different countries

« ATFX: This is one of the online brokers operating in Nigeria today but with Headquarters and offices in Hong Kong China, London, and Cyprus. This broker provides a fast trade execution with low spreads too. ATFX Global Markets (UK) Ltd is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom and also regulated by Cyprus Securities and Exchange Commission (CySEC) in Cyprus.

« Exness: This is a very popular broker founded in 2008. This broker is well known for its deep understanding of traders' needs and excellent trading platforms.

« FP Markets: This is a global broker founded in 2005. FP Markets has kept an excellent record so far in addressing their customer's concerns. They are registered and regulated by the Australian Securities and Investment Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the European Securities and Markets Authority (ESMA).

« FXTM: This broker was founded in 2011. They are regulated by several financial authorities, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).

« Pepperstone - This broker was founded in 2010 in Melbourne, Australia. They have multiple regulations under ASIC, SCB, FCA, DFSA, CMA, BaFin, and CySEC. This broker has no Minimum Deposit.

« XM: This broker was established in 2009. XM has become one of the worlds largest forex brokers in Asia & Africa with large trading volumes. They are registered and regulated by the Australian Securities and Investments Commission (ASIC), International Financial Services Commission (IFSC), and Cyprus Securities and Exchange Commission (CYSEC).

« Hot forex: Hot Forex is a reputable broker founded in 2010. This is one of the brokers with offices in Nigeria. Hotforex is registered and regulated by: CySEC, FSC, FCA, FSA, and DSA.

« IC Markets: IC Markets is a global forex broker founded in 2007 with headquarters in Australia. This broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Supervisory Authority (FSA), and the Australian Securities and Investments Commission (ASIC).

« Vantage FX: this broker was founded in 2009. They are registered and regulated by the Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL), VFSC, and CYSEC.

Advantages of choosing an ECN broker

There are numerous benefits why ECN brokers remain the best for traders today. These advantages include:

« Fast Executions: ECN brokers use high-speed networks to find the best pricing available and execute trade orders as quickly as possible.

« Regulations: Another interesting reason for choosing an ECN broker is based on the fact that they are well regulated. Virtually all ECN brokers have multiple regulations under the major tier regulators such as FCA, FSA, and ASIC.

« Financial Instruments offered: ECN brokers provide a wide range of pairs for trading such as Commodities, FX, Stocks, Indices, and Crypto. These financial instruments could come as CFDs or Spot trading.

« Educational tools: ECN brokers are known to provide rich educational and other tools to make trading easy for their traders. Very often ECN brokers are more preoccupied with making sure that their traders make massive profits from the market.

Abstract：TradingView offers several advanced market research tools to traders. The integration was made with the help of Spotware


.Pepperstone_office.jpg" title="Pepperstone_office.jpg" />　　Pepperstone announced on Tuesday its partnership with TradingView. With this, the brokers services will be integrated into TradingView, providing traders access to charts, analysis and other trading tools.　　“TradingView offers one of the most impressive and in high demand web-based charting tools and social trading community experiences,” said Tony Gruebner, the Chief Marketing Officer at Pepperstone.　　For the integration with TradingView, Pepperstone has tapped the services of Spotware Trading Technology, a Cypriot company that licenses the popular c-Trader trading platform.　　“At Pepperstone, we are client obsessed and always looking to offer leading technology and tools to enrich the trading experience. We are very excited to work with Spotware and cTrader to include TradingView as part of our extensive trading technology portfolio that allows clients to trade the way they want to trade,” Gruebner added.　　Headquartered in Australia, the broker assured that its integration with TradingView will be available to its clients in China and Germany.　　A Popular Platform with Retail Traders　　TradingView is one of the very popular market research platforms available to retail and professional traders. In addition, it allows brokerage platforms to integrate their services so that trades can be directly executed from the market research platform.　　Several other top brokerages have also integrated their services with TradingView, which has become one of the most visited websites in the finance niche.　　“We're delighted to be extending our partnership with Pepperstone, by powering their integration into TradingView. This collaboration represents a new undertaking for Spotware and it's an important step in our company's journey, which is in line with the core values of our company in putting trader needs first,” Spotwares Head of Business Development, Alexander Geralis said.　　“On behalf of both Spotware and cTrader, we look forward to both, this partnership, and to supporting other third-party service integrations in the future.”