Best Broker

Hotforex is a regulated forex broker. HotForex is an award winning, fully regulated and licensed online forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers. Retail, IB and White Label Clients have the opportunity to access interbank spreads and liquidity via state of the art automated trading platforms. Hotforex has a low spread, fast and flexible withdrawal, and fast execution.Hotforex allows many methods of deposit and withdrawal of amount 

 HotForex provides customer services in different languages worldwide. HotForex provides 24/7 customer services via telephone, email and live chat.

Good Broker

Fxnet is a regulated forex broker

FxNet Ltd is a global, fully licensed Over the Counter (OTC) online Forex and commodities broker, regulated by the Cyprus Securities and Exchange Commission (CySEC). FxNet is located in Limassol Cyprus.

FxNet's mission is to reach and retain traders around the globe through exceptional customer service, integrity and continuous innovation that will provide our clients with simple, exciting and secured trading platforms. FxNet is managed by financial markets professionals, with decades of experience within the financial industry.

FxNet is one of the few Legitimate ECN/STP Forex Brokers.

Commission & Spreads

 FxNet does not charge any commissions for trading services instead traders pay a fixed spread for 2.8 pips for standard accounts and 2.3 pips for VIP accounts.

Customer Support

 Customer support is available 24/5 at FxNet. To get in touch with the customer support team, raders can reach them by:

LiveChat

  Phone: +357 25 108111

  Email: : support@fxnet.com

Trading Platform

Platforms Metatrader 4, Simple trader, Windows, Android, iPhone/iPad

Payment methods

Credit Cards, Neteller, Wire transfer, WebMoney, Skrill, Payza

Choose Best Broker

The process of choosing a Forex broker is one in all the foremost crucial selections There are a large number of Forex brokers in the retail Forex market these days. if you want to succeed in the field of Forex trading it's essential to make the correct selection . If you're interested in Forex trading, you'll need an honest reliable Forex broker.
The following is a list of some of the factors you ought to take under consideration when selecting Forex broker
Regulated forex broker
The most important thing your broker must have is proof of regulation.
Account Details
Leverage and Margin:
Commissions and Spreads:
The best forex brokers have low spread
Spreads are extremely important for forex traders, Margin requirement and leverage ratios are the second most important aspect that must be considered during the choice of the broker. For the beginner, the lower the leverage the better.
Customer Service
Currency Pairs Offered
Deposits and Withdrawals:
Additional Services
Trading Platform

What are Signals ?

A set of analyses that a forex trader uses to decide whether or not to buy or sell a currency pair at any given time. Forex signal systems can be supported technical analysis charting tools or news-based events.

Forex signals are indicators or information that permits successful trading by reducing risks related to Forex trading. It is an alert system that keeps the traders updated about fluctuations in Forex market. Forex signals reduces the market risk by keeping traders updated about market fluctuations

What Is Leverage In Forex

Leverage is the use of borrowed money to obtain an investment. Leverage is a consequence of margin and allows an individual to manage larger trade sizes.

leverage is used by both investors and companies. Investors use leverage to considerably increase the returns that can provided on an investment. Leverage is victimization something little to manage something massive. In Forex, victimization leverage provides traders the ability to form massive trades with a limited quantity of money.

What is a forex spread and pips?

The spread is the difference between bid and ask. Bid is the buy price and ask is the sell price.

Fixed spread: difference between ask and BID is kept constant and don't rely upon market conditions. fixed spreads are set by dealing companies for automatically traded accounts.

variable spread: A variable spread isn't constant.

In the Forex market, the value of a currency is presented in pips. A pip is a number value; the majority of currencies arepriced to four numbers after the decimal point

Demo Account

Demo account is important.Demo account is very helpful for beginner and demo account also beneficial for all traders.Demo trading as same as live trading only it's not any financial value. Forex demo account is great for new traders to learn how to trade.

Every person can open a demo account and learn the way to work the trading platform and trading strategies. Once you gain expertise of trading  and learn the trading strategies, you'll be able to  open  a live account.

What Is A Currency Pair?

In forex, all currencies are quoted in pairs. Currencies are always traded in pairs, thus if you buy one currency you may automatically be selling another.

There are two parts to a  forex,quote.

The first quote is the bid and the second quote is the ask.

The bid price is lower price and the ask price  is higher.

Major Currency Pairs

The major currency pairs all contain the US dollar.

Some major currency pairs are given: 

AUD/USD, EUR/USD, GBP/USD, USD/CAD, USD/JPY USD/CHF 

CFD

CFD or Contracts for Difference are a flexible way to trade on the price movements of products such as shares, indices, commodities, currencies and treasuries.

Contracts for Difference  are complex financial products that are traded on margin. Trading Contracts for Difference carries a high level of risk since leverage can work both to your advantage and disadvantage. Contracts for Difference may not be suitable for all investors because you may lose all your invested capital. A Contracts for Difference is an agreement between two parties to exchange the difference between the opening price and closing price of a contract. 

Islamic Forex Account

Islamic accounts are also called swap free Forex trading accounts. its means no swap on overnight positions. With an Islamic account, no swaps or roll over charges will be applied to trading positions overnight.

There are many brokers who offer Islamic trading account. Islamic Account allows traders to open accounts without overnight interest. By allowing Islamic accounts, brokers support traders from Islamic countries to open accounts.