Forex Trading Guides

The 3 Golden Rules of Forex Trading

Successful forex traders aren’t born or made overnight. Here are the 3 golden rules that every trader should always keep in mind.

The importance of trading with a regulated forex broker

When dealing with any financial product or service, it’s important to understand the background of the provider. In the forex trading market where many of the transactions take place online, many opportunities arise for rogue operators to start their own forex brokerage service. These operations typically try and lure customers by offering sign up bonuses […]

Mentality of a Forex Trader

Do you have the mental toughness to stay strong when you’re down? I find that us human beings for the most part are extremely predictable. We have a mob mentality and often follow, which actually makes life easier because only the minority become leaders. Imagine if most people wanted to lead, there would be chaos […]

What is Leverage in Forex?

Leverage refers to the facility provided by forex brokers to allow you to trade with more money than what’s actually in your account. It’s like a loan, and you are required to put up a deposit of your own funds to secure it. It is commonly known as the “double edged sword” in forex trading. […]

Identifying Flaws In Profitable Forex Systems

Disclaimer: BestForexBrokers.com and this report are not associated with myfxbook.com in any capacity. We have used publically available information from myfxbook.com to prepare this report and the views in this report are the opinions of BestForexBrokers.com only and do not in any way represent the views of any entities mentioned in this report. Report objective With […]

What are the best currency pairs for scalping?

The best currency pairs for scalping are EUR/USD, GBP/USD and USD/CHF due to their stability and liquidity. Forex scalpers trade very tight and can’t afford volatile market conditions. Therefore, our recommended currency pairs are the 3 majors which are known to be very stable in their price movements. Additionally, market liquidity is another very important factor as […]

Things to Know Before You Begin

Getting Back To Basics Is Good For Everyone Once In Awhile About 90 percent of traders lose their money in the long run. You want to be among the 10 percent that has something to show for their investments, but it is not as simple as getting up one morning and quitting your day job […]

How To Hedge A Portfolio

Today’s Forex trader is not only a currency trader anymore. Brokerage houses adapted their offering with products like: Commodities: gold, oil, silver, etc. Stock indexes: DJIA (Dow Jones Industrial Average), Nasdaq, S&P500, Xetra Dax, CAC40, etc. Equity options Options trading becomes more and popular among Forex traders. And, for a good reason. Together with the other […]

I2 Investments Scam Goes Bust!

This is an opinion article, written by website owner Daichi Hoang based on information freely available online. In this piece I discuss the sudden downfall and disappearance of I2 Investments who were backed by what I claimed was a fraudulent regulator in a previous article. First let me say “I told you so!”. I warned […]

BrokerDealerCompliance.org - The Mystery Regulator

Published July 27th, 2017 Update: The fund that I mention here has gone bust! 25 MILLION EURO, gone. What can I say? I told you so! Article to be posted soon. This is an opinion article, written by website owner Daichi Hoang based on information freely available online. In this piece I present my case […]

Binary Options Are Risky - Don't Get Involved

This is an opinion article, written by website owner Daichi Hoang based on information freely available online. In this piece I discuss the binary options industry and why it’s not a good idea for you to get involved. They’ve been around for a while now and there are endless numbers of “profit system” scams based […]

How To Compare Forex Brokers

As they say, are you comparing apples to apples? One of the biggest challenges new traders face is finding a reputable forex broker who they can trade with safely and securely. Depending on what part of the world you are in, there are several key things to look for when comparing forex brokers. Regulation The […]

How To Use Forex Bonuses

Understanding the fine print is the key to using forex bonuses Competition for clients in the retail forex market is very high. Therefore, to entice new clients to sign up and trade, many forex brokers offer some type of bonus which typically comes in the form of bonus funds added to your balance. This isn’t […]

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Advocating safe forex trading across the world

©2021 BestForexBrokers.com - Forex (foreign exchange) trading carries an amount of risk that may not be suitable for all investors. Margin trading can be beneficial but also detrimental. You should consider your level of experience, capital you are willing to risk and trading conditions with each broker prior to trading in the forex market.