Forex Brokers That Accept Onlinenaira Payment Method for Deposit and Withdrawal

A novice-friendly broker ought to have at the very least these seven (7) characteristics:

1. Official licenses from the country in which the broker operates.
2. Handy trading platform for mobile and desktop.
3. Cheap fees.
4. Excellent client services.
5. Low deposit requirement and easy withdrawal processes.
6. Straightforward registration processes.
7. Superb educational resources.

Continue Reading at Is OANDA a Good Broker for Beginners?

Traders will be able to take advantage of carry trades IF the broker applies swaps in accordance with each country's central bank benchmark rates. Which is actually unlikely.

Plus, terms and conditions on several brokers clearly spelled that they will hand you negative rates on overnight trades (add that with: no matter what the rate difference between currencies). Or alternatively, they hand you the negative rates but pocket the positive rates.

Continue Reading at Carry Trade In Forex Trading, Is It Possible?

Loyalty programs can keep traders staying and actively trading with their broker. Basically, the broker will give their clients rewards in many forms based on the points they accumulated through trading.

Some of the popular methods are cash rewards, gifts, lower spreads, bonuses, commissions, and many more. The idea is to keep the trader satisfied and continue to invest their money in the broker.

Continue Reading at Trade Now and Get Rewards from TMGM Loyalty Program

Here are some brokers that allow scalping and provide ideal trading conditions for the strategy:

• IC Markets
• Pepperstone
• Exness
• FP Market
• Admiral Markets
• Tickmill
• FXOpen

Continue Reading at The Secrets of Successful Scalping Strategy