Log in
/ Accounts

Accounts

Copytrade Forex news Blog Company news Education AI Hub 📙 Forex for beginners
📙 Forex for beginners
Copytrade Forex news Blog Company news Education AI Hub
AI Hub 24 January 2024 How Accurate of a Representation Does the Demo Forex Trading Provide? Forex trading is a great way to get started in the world of investing and trading. It can be an exciting and rewarding experience, but it’s important to understand that there are risks involved. Demo Forex trading is a great way to practice and get familiar with the Forex market without risking any real money. But how accurate of a representation does it provide? The accuracy of demo Forex trading depends on several factors, including the broker you use, the platform you trade on, and your knowledge and understanding of the markets. With that said, demo accounts can provide an accurate representation of what real-time Forex trading is like if used correctly. One advantage of demo accounts is that they allow traders to test out different strategies without risking their...
AI Hub 18 November 2023 The Primary and Secondary Hierarchy of the Forex Market The foreign exchange (Forex) market is the largest and most liquid financial market in the world. It is a decentralized global marketplace where currencies are traded, and it has a daily turnover of more than $5 trillion. The forex market consists of two primary hierarchies: the primary hierarchy and the secondary hierarchy. The primary hierarchy of the forex market consists of large banks, central banks, hedge funds, institutional investors, and retail traders. These entities make up what is known as the interbank market, which is responsible for setting prices on currencies around the world. This tier also includes currency speculators who take advantage of price discrepancies between different countries to make profits from their trades. The secondary hierarchy of the forex market consists of brokers and dealers who provide access...