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How do I know if my broker is A-Book or B- Book? Replied 7 months ago - B- book brokers always offer several account types while A-book brokers offer just a standard and raw account
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what is A-Book and B-Book Broker in forex? Replied 7 months ago - A-book brokers don't make the market instead they push your order straight to the liquidity provider in exchange for a commission. This is why A-book brokers charge near-zero spreads plus commission. The advantage of A-book brokers is more transparency and faster execution. B-book brokers take the opposite side of your order and trade against you. The advantage of B-book is that you can use things like micro/cent account to execute small orders. Small orders are executed faster with B-book brokers bit they charge a wider spread.
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What is the Minimum Deposit for XM in ZAR? Replied 7 months ago - XM minimum deposit is not the same for different deposit methods. The $5 minimum you see on their website is for cards & EWallet deposits. Depositing from your South African bank account has a $30 (540 ZAR) minimum deposit.
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What is AvaTrade minimum deposit in ZAR Replied 7 months ago - is avatrade really a good broker?
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Is veracity markets back? Replied 7 months ago - There are lots of scammers claiming they can help people recover their funds from veracity markets but its all a lie. They will ask you to pay them a recovery fee, then flee with your money.
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eurusd vs xauusd which is better? Replied 7 months ago - EU above all.
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Alpha Markets minimum deposit in ZAR Replied 7 months ago - Alpha markets is a high-risk broker mainly because there is no clear way to contact them. On their website, there is no phone number, no email and no live chat. If you have a problem with your deposit, it may take ages to resolve it.
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How does the 200 bonus work on Vault Markets? Replied 7 months ago - The bonus is 200% of your deposit so if you deposit $100 you get a $200 bonus and your balance becomes $300. With this $300, you can open several trades but be careful to only open quality trades because if the trades become losers, the bonus does not act as margin so you get stopped out pretty quick.
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why is oil price dropping Replied 7 months ago - See screenshot of US Oil Inventory data gotten from the United States Energy Information Administration (EIA). You will notice a drop in inventory figures in the month of June. This can cause oil prices to drop too. Drop in inventory = More oil exports by the US = over supply = lower oil prices
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what is FVG? Replied 7 months ago - I agree with @Karbin, these course sellers make something so easy so complicated.
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Vault Markets Minimum Deposit Replied 7 months ago - Vault Markets minimum deposit is 50 ZAR for Micro Accounts and 500 ZAR for Standard Accounts.
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which is the best broker for trading cpi? Replied 8 months ago - I'll definitely advice you not to trade CPI news itself if you don't already have a position in the market that is well in profit. When trading news, there is a risk of bad fill of your positions. If the market is moving or gaps, your SL will not get hit at your price. For example, if you had a 10 pips SL, and the market gaps or moves 40 pips in micro seconds (common during news), you will get a fill at -40 pips. I've seen it happen with td365, they don't have guaranteed fill. The position was not during any active news, it just so happened that Trump said something, and the EURUSD went down 20 pips in a second. The stop was hit at the news best price, not at my set SL. If your broker does not have a guaranteed Stop loss, there is a big risk that you will lose all your equity on just on trade on that CPI day. If you must trade CPI, choose a broker with GSLO.
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who is your best forex broker for carry trades & why? Replied 8 months ago - CMC Markets I use CMC Markets for carry trading because they state clearly how much you will earn or lose on each carry trade. They are also offering 300+ fx pairs with a wide range of exotics, which is great for me.
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please mention some countries where the rand is stronger than their currency Replied 8 months ago - INDONESIA The Rand is 912-times stronger than the Indonesian Rupiahs. The current Rand to IDR exchange rate is R1/912.53 IDR
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What is FP Markets minimum deposit in ZAR Replied 8 months ago - Local bank transfer works for me. I also tried their broker-to-broker transfer and it was really slow
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which forex brokers do not accept Nigerian traders? Replied 8 months ago - BlackBull Markets does not accept Nigerians
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how do you manage to stay disciplined as a trader? Replied 8 months ago - I wait till i see the setup I'm looking for before i trade. If i don't see the setup, then i don't trade at all. No position is still a position, I may not make money that day, but at least i will not lose money.
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What is Exness Minimum Deposit in ZAR and do I get any bonus on my deposits? Replied 8 months ago - Exness minimum deposit in zar depends on the current usdzar exchange rate. The Exness minimum deposit is usually $10 so when you convert to zar at today's usdzar rate of 17.82 zar to 1 usd, then the Exness minimum deposit as at today becomes 178.2 ZAR. Also note that if your Exness account currency is not set to zar, then you will be charged a currency conversion fee to convert your zar deposit into whatever your account currency is. Exness may not show you what the currency conversion fee is, as they just include it into the usdzar rate.
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is the heatwave in Europe going to affect financial markets? Replied 8 months ago - The heatwave in Europe is expected to end in a few weeks so I don't think it will do much damage to the economy of the affected countries. However, like Paul said, commodity prices will certainly rise.
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gold vs dollar: what is the price relationship? Replied 8 months ago - Gold is a dumb metal meaning it doesn't pay interest so if the us dollar is strong people will rather invest in the dollar so they can earn interest, and this causes gold prices to fall when people move their investments from gold to the us dollar.
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