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How Long Does RCG Markets Take To Verify Documents? Replied 10 months ago - I opened an RCG account from Kenya and it took 3 minutes to be verified using my National Id.Quite seamless and fast.
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how does after hours trading work? Replied 10 months ago - I guess it depends on what you are trading. For stocks, the exchanges close around 4 pm so any stocks you trade after that are done during aftermarket hours. Not all stockbrokers may support aftermarket hours trading & the ones who do may charge higher fees. Not every order may be filled during aftermarket hours as some brokers only permit pending orders so that if they can fill it they do and if they cannot fill it, they leave it unfilled. For forex, aftermarket trading is when you trade outside the 4 major sessions (Sydney, Tokyo, London, New York). For example, in-between the Asian and the London session, there is a 2-hour gap which some call the Frankfurt session or the Pre-London session. If you trade during this time, it could be considered aftermarket hours trading. People who participate in aftermarket hours trading are the ones who are busy during the market hours, perhaps they have day jobs that don't allow them to trade when others are trading.
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what can i trade on binomo? Replied 10 months ago - Binomo is not a forex broker, they are an options broker. At Binomo, you can trade options on different assets such as currencies, commodities etc. Binomo minimum deposit is $10 and you can trade some instruments by providing an initial margin as low as $1.
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How Much is RCG Markets Minimum Deposit? Replied 10 months ago - Please do they have a minimum withdrawal? and do they request for bank statement before they approve withdrawal?
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How do i register for the free forex training organized by the Nigerian government? Replied 10 months ago - The program starts on August 29th 2025, on that day it will launch in Abuja. I am still getting details will update you here. it will likely be a physical program holding in different states.
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trade with sigma trader Replied 10 months ago - You will notice that the London & New York sessions coincide from 2 PM till 5 PM and this is a great time to trade forex pairs that contain the USD and it is also a great time to trade gold (XAU/USD)
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Deriv minimum deposit requirement for SA traders Replied 10 months ago - @segun please which forex brokers have $1 minimum deposit in South Africa?
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is us100 the same as nas100? Replied 10 months ago - US100, NAS100, USTECH100 etc. all mean the same thing - the Nasdaq Index
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Anyone know the minimum withdrawal at Just Markets? Replied 10 months ago - Their withdrawals take 1 minute as per my experience with them
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what is a carry trade in forex? Replied 10 months ago - Let me add to what @randolf has said. If you do not carry a trade properly you won't earn any interest, in fact you will be debited for the interest rate differential instead. Whether you earn overnight interest on a carry trade depends on if you are buying or selling the currency pair. In @randolf's example, USD/ZAR interest rate is 4.5% vs 7.25% so to earn interest you must sell the USD/ZAR pair and leave the trade open overnight. If you go ahead and buy USD/ZAR overnight, you will be debited instead because you are borrowing ZAR to buy USD, meaning you are borrowing ZAR with higher interest to buy USD with lower interest.
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why xauusd is not moving today? Replied 10 months ago - XAU/USD has been trading within a range this week, and i suspect it has to do with trade tensions which are a fall out of the israel- Iran conflict. The United States has not yet made it clear if they will join in the war, so investors do not know if to run to gold or if to keep their investments in the us dollar.
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what are the qualities of a good trader? Replied 10 months ago - I would say being a good observer is a good quality for a trader to have. You know how we play spot the difference where you are given two images and asked to find out a difference? Thats kind of like what i mean. Looking at the charts, a good trader should be able to spot areas of similarities quickly.
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why don't brokers stop you from trading after reaching your daily loss limit? Replied 10 months ago - I agree with this but i guess it is not in the brokers interest to do so. They want you to trade as much as possible, so they get their fees. I mean, you even see brokers opening their platforms to traders on some public holidays (like Easter) when they know fully well that liquidity may be insufficient leading to higher spreads.
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whats the pros & cons of 5ers prop firm? Replied 10 months ago - Minimum withdrawal is $150
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how reliable is fibonacci retracement indicator? Replied 10 months ago - Its pretty reliable and works for me, been using it for years now. You just need to know how to draw the Fib line correctly and it displays possible levels where price should retrace. We should not expect too much of Fib or any indicator and shouldn't use them in isolation. Indicators should be used alongside commonsense price action.
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what is smc trading strategy Replied 10 months ago - Retail traders only make up about 5% of the forex market so the remaining 95% is controlled by institutional traders like banks & multinationals. The SMC strategy seeks to pinpoint when these institutional traders will be placing their orders, so that you can take advantage of the momentum it will generate. Some people claim to look out for unusual market structure on the charts (which they call order blocks) and attribute it to the activities of institutional traders. However, SMC trading strategy has its drawbacks because most institutional traders execute their large orders secretly in something called "dark pools" so as not to spook the market. For me i just focus on understanding pure price action and try not to dive too deep into SMC because it is a really murky trading concept.
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is galileo fx the best forex trading robot? Replied 10 months ago - It works fairly well but this depends on how you configure it. You need to have a good understanding of forex trading in order to configure it properly. Although it comes with over 140 ready made configurations you can choose from, those configurations may not match your risk management so its best you configure it manually.
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does funding pips accept bvn number for kyc in Nigeria? Replied 10 months ago - No, Funding Pips support isn't all that great as they always seem to be too busy.
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which forex broker do you use & why? Replied 10 months ago - Trade Nation because of their low spreads, most of the time their eurusd spread is 0.3 pips which is the lowest i have ever seen from any broker.
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do forex robots really work Replied 10 months ago - I am also thinking of buying a trading robot because my emotions will not let me trade without interference. I think i should just let the robots do the trading.
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