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Additional FAQ
Does Moon Phase indicators avaliable in trading platforms?
Yes, some trading platforms now include Moon Phase indicators as part of their features. These indicators can assist traders in aligning their strategies with lunar phases.
Continue Reading at The Controversy of Moon Phase Trading
How can demo account help beginners understand the trading platform?
Brokers offer various platforms, each of which is unique on its own. By using demo accounts, traders will have the time to familiarize themselves with a platform and all of its tools. For example, if you plan on using MT4, you will get the opportunity to understand the types of forex orders and how to place them using the available tools.
Through demo accounts, traders are also given access to market charts, live news feeds, currency quotes, and many more. Traders can assess whether they are comfortable with the platform's extra features. The brokers can also ask the brokers to provide the necessary tools or educational content to understand the platform better.
Continue Reading at Forex Demo Account: The Good, the Bad, and the Brokers
MT5 is a trading platform that is also developed by MetaQuotes, is another online trading platform designed for trading various financial instruments, including forex, cryptocurrencies, stocks, indices, and metals. It offers more advanced technical features compared to MT4.
Continue Reading at Is MT5 Faster Than MT4? Here's What You Need to Know
What are the drawbacks of DoM?
While it shows the market conditions in-depth, it is not updated regularly. It is basically a snapshot of a certain moment in time. In addition to that, DoM is not available in all trading platforms.
Continue Reading at Your Simple Guide to Depth of Market
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