Forex promotion

No deposit bonus – free bonus on account registration for the new clients to trade live without any risk.

Top forex bonus list

Free VPS – get access to an optimized forex virtual private server for free on maintaining a certain amount of trading balance.

Forex promotion

Deposit bonus – A bonus on funding a live account. The bonus credited on percentage of the deposit amount.

No deposit bonus – free bonus on account registration for the new clients to trade live without any risk.

Tradable bonus: A deposit bonus that can be lost and traded as the part of your trading equity.

Volume bonus – most common type of deposit bonus, it allows you to increase your trading volume. Often the bonus can be cashed on trading lot requirement.

Forex gift – A gift for the clients for completing certain requirements, everything from bonus to latest gadget

Freebies – free stuff by forex brokers like ebook, courses, trading materials etc.

Rebate – cash-back withdrawable bonus on each lot traded.

Demo contest – contests held on demo account, win cash/tradable money with no-risk involve!

Live contest – contest held on live account, deposit requires. Win bigger cash/prizes.

Refer – a-friend– refer your friend to your broker, when your friend deposit you will get a special bonus

Free signals – get free trading signals from the broker.

Free VPS – get access to an optimized forex virtual private server for free on maintaining a certain amount of trading balance.

Binary options – binary bets trading on forex instruments

Forum posting: get a small trading bonus for each of your post in forms.

3 affiliate IB: receive a commission from your fellow traders, specially design for the marketers.

Draw bonus: the winners chosen by a draw

Seminars webinars: find the schedule to participate in the online/offline events.

Expos events: inviting to attend the forex events & expos globally.

Forex penguin: forex bonuses and forex promotions

As a forex bonus and forex promotion portal, forex penguin aims to be the most comprehensive, forex trading resources website of today and tomorrow. Our philosophy is simple. With the correct tools and up-to-date information, we can help you to minimize risks in forex trading. Forex promotion is a goldmine if it is being used correctly. This site is created especially for you, it doesn’t matter if you are a newbie or experienced trader. We update the list of brokers, no deposit bonus, deposit bonus, live contest, and also demo contest on a regular basis.

Do visit our site before you make any commitments to any brokers.

Forex promotion daily updates:

Yes, it is a forex promotion daily update. In this section, you will see the latest listing of bonuses as well as contests. Simply click on the title of the category that you are interested in to view the comprehensive list.

Forex no deposit bonus

No deposit bonus refers to tradable bonus in the real live forex account given by forex broker to the 1st time forex traders without requiring any new deposit.

In an ideal case, a trader opens a new trading account and then apply for the bonus. The bonus is then given by the forex broker upon fulfillment of certain criteria.

Upon receiving, traders can trade using that bonus and keep whatever profit made from the trading. However, be ready to fulfill the terms and conditions applied. These terms vary from broker to broker.

Examples of these requirements which may be seen as limitations to a trader can be categorized into 3 main phases.

First phase: acquiring a no deposit bonus:

Must be 1st time clients

Never received any other types of bonus before

Nobody from the same residential address received the bonus before

No sharing of the same computer or IP address with somebody who is already a client of the forex broker

Verification of identities, residential address and mobile number required

Second phase: trading using the no deposit bonus:

Limited leverage

Limited lot size

A limited number of active positions

Limited bonus validity

No EA allowed

Hedging not allowed

Scalping not allowed

Limited trading assets

Third phase: withdrawing the profits

Requires an extra deposit

Requires certain trading volumes

Requires minimum active trading days

Despite all the roadblocks, we at forex penguin dedicate ourselves to work with forex brokers to reduce certain limitations. Penguin meter (to be released by 2021) will help to identify forex brokers with the highest earning potential for traders.

How does forex trading work?

Updated: 12th january 2021

You may want to start this new year trying different types of investing. But with lots of different markets to invest in, it can be hard to know where to focus your attention. If you are starting to explore different options and wondering what forex trading is, then we are here to help.

What is forex trading?

Forex trading, which is the same as currency trading, is the conversion of one currency into another.

It is one of the most actively traded markets in the world. Individuals, banks and businesses carry out millions of forex transactions every single day.

Here are some key things you need to know about forex trading:

It’s global

There is no central exchange for forex trading. It’s not like you are using the london stock exchange.

Instead, it is traded via a global network of banks, dealers and brokers. Which means that trading happens 24/7, monday to friday.

Prices are quoted in pairs

When looking at currency prices, you will find them in pairs. The currency you are selling and the one you are buying.

One currency is the base currency, the other is the quote. The difference between the two is known as the spread.

In very basic terms, you would buy a currency pair if you thought the base currency would strengthen against the quote currency. You would sell if you thought the base was going to weaken against the quote.

The market can be volatile

The extended trading hours and the global nature of forex trading mean that it can be quite volatile.

Prices can be affected by things such as interest rates or government policies. And as forex traders are in it for the profit, price movements on some currencies can be quite extreme.

Is it legal in the UK?

Forex trading is completely legal in the UK. In fact, we are known for our regulation and reliable companies.

If you are interested in dipping your toe into the forex trading pool, then maybe look for an FCA-regulated broker. This will then offer you some protection, and you can be confident that they are a straight-shooting business.

Why trade this way?

You may be wondering why you should use forex trading when it can seem confusing and volatile. Well, it’s those characteristics that mean that you can potentially make big gains from it.

The volatility of forex trading means that you could find yourself making a decent sum of money speculating on price movements. However, be warned: this could also work against you, and you could expose yourself to losses.

Meanwhile, the 24-hour nature of the market means that you can take advantage of different active sessions. You are not tied into a central exchange, so you can make the most of the freedom.

Finally, it is a big market. Large numbers of buyers and sellers are trading away at any one time. So if you decide to try forex trading, you will find that transactions are completed quickly and easily.

And ‘spreads’ (don’t worry, I did mention them earlier) are tight. So the underlying market price of the pair won’t need to move a huge amount in order for you to be able to make a profit.

Who is forex for?

Most importantly, here’s our warning: forex trading can be extremely challenging for beginners, as there is a very high level of risk involved. While it’s not strictly impossible as a newbie to grow your money pot through it, you would need to really know your stuff and be hands on.

This is mainly because of how quickly the market changes. Surges in currency prices and the speed at which things can change mean that you could likely lose money if you are not monitoring your investments closely. It’s also true that forex providers often push huge levels of leverage – and at high leverage, even small market fluctuations can wipe out a trader’s entire position.

For these reasons, we don’t believe forex trading is suitable for novice investors on the whole.

Where can I find more information?

If you are keen to learn more about different types of trading or investment, take a look at our top picks for share dealing accounts. Or check out our five tips for a diversified portfolio if you’re a new investor.

Rated 5 stars out of 5 by mywallethero…

Trade UK shares for just £2.95 and US shares for just $3.95 — with no platform fee!

The finecobank* multi-currency trading account offers UK investors highly competitive share-dealing rates across 26 global markets.

Use promo code FIN100-ML today and enjoy up to 100 free trades within your first three months!

*affiliate partner. Important information and risk disclaimer: the value of shares and any income produced can fall as well as rise, and you may get back less than you invest. Exchange rate fluctuations can reduce the sterling value of any overseas holdings.

Some offers on mywallethero are from our partners — it’s how we make money and keep this site going. But does that impact our ratings? Nope. Our commitment is to you. If a product isn’t any good, our rating will reflect that, or we won’t list it at all. Also, while we aim to feature the best products available, we do not review every product on the market. Learn more here. The statements above are the motley fool’s alone and have not been provided or endorsed by bank advertisers. John mackey, CEO of whole foods market, an amazon subsidiary, is a member of the motley fool’s board of directors. The motley fool UK has recommended barclays, hargreaves lansdown, HSBC holdings, lloyds banking group, mastercard, and tesco.

About the author

I am a freelance finance writer who also writes for fitch solutions. Previously I worked as an analyst for nielsen, specialising in consumer finance reports and news insights.

Our mywallethero experts have reviewed and rated all of these UK brokerage accounts 4 stars or better. *affiliate partner.

How does forex trading work?

Updated: 12th january 2021

What is forex trading?

Forex trading, which is the same as currency trading, is the conversion of one currency into another.

It is one of the most actively traded markets in the world. Individuals, banks and businesses carry out millions of forex transactions every single day.

Here are some key things you need to know about forex trading:

It’s global

There is no central exchange for forex trading. It’s not like you are using the london stock exchange.

Instead, it is traded via a global network of banks, dealers and brokers. Which means that trading happens 24/7, monday to friday.

Prices are quoted in pairs

When looking at currency prices, you will find them in pairs. The currency you are selling and the one you are buying.

One currency is the base currency, the other is the quote. The difference between the two is known as the spread.

The market can be volatile

The extended trading hours and the global nature of forex trading mean that it can be quite volatile.

Prices can be affected by things such as interest rates or government policies. And as forex traders are in it for the profit, price movements on some currencies can be quite extreme.

Is it legal in the UK?

Forex trading is completely legal in the UK. In fact, we are known for our regulation and reliable companies.

Why trade this way?

You may be wondering why you should use forex trading when it can seem confusing and volatile. Well, it’s those characteristics that mean that you can potentially make big gains from it.

Meanwhile, the 24-hour nature of the market means that you can take advantage of different active sessions. You are not tied into a central exchange, so you can make the most of the freedom.

And ‘spreads’ (don’t worry, I did mention them earlier) are tight. So the underlying market price of the pair won’t need to move a huge amount in order for you to be able to make a profit.

Who is forex for?

For these reasons, we don’t believe forex trading is suitable for novice investors on the whole.

Where can I find more information?

Rated 5 stars out of 5 by mywallethero…

Trade UK shares for just £2.95 and US shares for just $3.95 — with no platform fee!

The finecobank* multi-currency trading account offers UK investors highly competitive share-dealing rates across 26 global markets.

Use promo code FIN100-ML today and enjoy up to 100 free trades within your first three months!

About the author

I am a freelance finance writer who also writes for fitch solutions. Previously I worked as an analyst for nielsen, specialising in consumer finance reports and news insights.

Our mywallethero experts have reviewed and rated all of these UK brokerage accounts 4 stars or better. *affiliate partner.

Soft4fx forex simulator discount coupon [free download]

Download soft4fx software for a FREE. Use our exclusive coupon code to receive huge discount on a forex simulator.

Soft4fx is the leading distributor of software for metatrader platform. We know that forex trading is highly profitable; if used correctly. However it takes a lot of time to learn it. Chances are high that you may have lost your money; before you got fully trained. Since; you are trading on real market and without any prior knowledge. Thanks to the forex trading simulator which helps to learn much faster without any risk.

Soft4fx forex simulator is an add-on for metatrader 4. This software combines the chart capabilities and time to give you most precious information. You don’t have to wait for certain market condition nor have to watch the charts. This software let you control the time by observing the market from any selected day and time. Just set your date and get all the valuable details such as indicators, charts and economical news. The forex simulator of soft4fx also lets you place an order, modify or close your orders, just like you do in real-world trading.

Top rated soft4fx coupons and codes

Up to 10% OFF – please go ahead and subscribe to their software at whopping 10% off regular price. No need to use any special voucher; just follow this link and discount will be applied to your cart automatically.

Free download – for a limited time only; go ahead and download metatrader 4 indicators, scripts and other valuable tools for FREE. No need to provide your credit card details.

Save 15% OFF – looking to order MT4 or MT5 trading simulator pro? Here is a deal. They are offering huge 15% off for a new license order.

Flash sale (unreliable) – it is an old sale that was host on black friday, halloween and cyber monday. Hence, it may not work; however you should try this deal. Take an opportunity to buy from a sale to save up to 25% off.

Is it reliable forex trading simulator?

The forex trading is very complex and needs lot of assessment and studies from you. In order to make it easy; there are several trading simulators are available on market. Soft4fx is the developer and supplier of high quality software for metatrader platform. Don’t take into words of some EA sellers who claim to make you rich in just few months. Whenever you order a trading robot; please make sure to check certain things. It includes track record on real account, at least 100 trades results, both forward and backward testing capability, pretty long testing period, no martingale and grid systems, low drawdowns, growth to drawdown ratio and few more.

Once you filter any trading simulator from above parameter, you will get a real gem. The soft4fx tries to make their software as simple and effective as possible. Whether you are an expert or a beginner; you can put your hands up on their award winning metatrader software. Instead of paper or demo trading, you should trade historical data; since it saves your time. Furthermore; you can also control the speed of simulator to focus on most important period of time.

Soft4fx – the all new software for metatrader platform

Soft4fx forex simulator is an expert advisor of MT4. It utilizes the charting capabilities of MT4, tick-by-tick data, offline charts and economic calendar. But the software doesn’t use historical data of metatrader, which is often of low quality. Below are some awesome features of the soft4fx:

Use high quality tick-by-tick data from truefx and dukascopy.

Supports for all the major forex pairs such as gold, silver, oil and stock indexes.

It allows multiple time-frame charts with all the actions such as modification, merging etc.

All in one platform that has all types of charts such as renko, range, tick, standard, custom etc.

Product and pricing

Soft4fx offers wide range of software such as forex simulator, MT4 trading simulator pro, MT4 indicators, MT5 scripts and many other tools. The pricing model is very simple, there is no any recurring monthly or yearly subscription. You can acquire any of these software with one time payment only. It comes with lifetime free supports and free update. The price of a forex simulator is $99 only. You can use this software on two metatrader accounts (real and demo). This simulator is an add-on for MT4. All the other software are FREE to download.

Faqs for soft4fx

If you still have confusion about soft4fx; then we have complied questions and answers section for you.

Is there any discount available at soft4fx?

In fact, there isn’t any active promo code available here. However, you can still enjoy huge discount on your order during sale and special promotion.

How to claim a free trial promotion?

All you need to download a forex simulator. Just skip the step where you will be asked to enter your email address and activation key. It will bring the software into demo mode for you.

Where to find best deal to download software?

In order to download software; you just need a soft4fx coupon code . We have created this page to help you find best promotion and sale. You can also find an offer on the official website of soft4fx.Com.

Modern tot co coupon: get discount code for kids apparel

Niche scraper coupon code: get discount on shipify spy tool

35% off vintage gentlemen coupon (4 discount code)

About author

Richard

Richard is an author at help remedies, inc. He is an economics degree holder from the university of washington. Rich has pretty good experience in the health and coupon market.

How does forex trading work?

Updated: 12th january 2021

What is forex trading?

Forex trading, which is the same as currency trading, is the conversion of one currency into another.

It is one of the most actively traded markets in the world. Individuals, banks and businesses carry out millions of forex transactions every single day.

Here are some key things you need to know about forex trading:

It’s global

There is no central exchange for forex trading. It’s not like you are using the london stock exchange.

Instead, it is traded via a global network of banks, dealers and brokers. Which means that trading happens 24/7, monday to friday.

Prices are quoted in pairs

When looking at currency prices, you will find them in pairs. The currency you are selling and the one you are buying.

One currency is the base currency, the other is the quote. The difference between the two is known as the spread.

The market can be volatile

The extended trading hours and the global nature of forex trading mean that it can be quite volatile.

Prices can be affected by things such as interest rates or government policies. And as forex traders are in it for the profit, price movements on some currencies can be quite extreme.

Is it legal in the UK?

Forex trading is completely legal in the UK. In fact, we are known for our regulation and reliable companies.

Why trade this way?

You may be wondering why you should use forex trading when it can seem confusing and volatile. Well, it’s those characteristics that mean that you can potentially make big gains from it.

Meanwhile, the 24-hour nature of the market means that you can take advantage of different active sessions. You are not tied into a central exchange, so you can make the most of the freedom.

And ‘spreads’ (don’t worry, I did mention them earlier) are tight. So the underlying market price of the pair won’t need to move a huge amount in order for you to be able to make a profit.

Who is forex for?

For these reasons, we don’t believe forex trading is suitable for novice investors on the whole.

Where can I find more information?

Rated 5 stars out of 5 by mywallethero…

Trade UK shares for just £2.95 and US shares for just $3.95 — with no platform fee!

The finecobank* multi-currency trading account offers UK investors highly competitive share-dealing rates across 26 global markets.

Use promo code FIN100-ML today and enjoy up to 100 free trades within your first three months!

About the author

I am a freelance finance writer who also writes for fitch solutions. Previously I worked as an analyst for nielsen, specialising in consumer finance reports and news insights.

Our mywallethero experts have reviewed and rated all of these UK brokerage accounts 4 stars or better. *affiliate partner.

Forex bonus - best forex bonus 2021!

What is a forex bonus? Learn about all forex bonuses!

As global trading business becomes more and more appealing, more people choose to trade in the forex market as their source of income. This also creates a competitive atmosphere for forex brokers that want to gain more clients, which is why they offer many attractive forex bonuses.

There are some forex brokers who propose bonuses truly beneficial to your trades; however, some of these bonuses come with complicated terms and conditions. Therefore, it is very important to thoroughly understand the forex bonus and the way it works before choosing your broker and accepting their forex bonus. At bestfxbonus, we provide you with up to date information about the best forex bonuses as well as the list of available bonuses for new and experienced traders.

Forex bonus is an offer or promotion available for both new and existing customers on a forex broker вђ™ s website. Forex brokers present these bonuses to new customers in order to increase their trading volumes with the hope of attracting more customers and keeping higher client retention.

There are different types of forex bonuses for new and experienced traders, each with its own benefits and conditions. That вђ™ s why you should find the best forex bonuses that fit your trading needs.

There are various types of forex bonuses. Each of them works differently and provides different benefits depending on your needs:

1. Forex no deposit bonus

this type of bonus may be considered the best forex bonus for most traders, especially newcomers since it requires no deposit. Traders can claim this bonus to start trading right after registering an account. In this way, they can engage in trading activities without any risks. Free forex bonuses offered by brokers range from $5 - $100, you can find them all in forex no deposit bonus section of the website.

2. Forex welcome bonus

A forex welcome bonus is a one-time promotion offered to traders after registering a real forex account. This type of bonus is limited to new customers only, and the existing customers cannot apply for it. Forex welcome bonus can be received either as a deposit bonus or a no deposit bonus. If you are new to the forex market, you should consider this type of bonus.

3. Forex deposit bonus

forex deposit bonus is a bonus that can be acquired after traders make a certain amount of deposit into their forex accounts. This type of bonus is usually available for all customers as long as they are registered on the website and make a deposit. Forex deposit bonus is usually calculated in percentage. For instance, if the offer is a 20% deposit bonus and you make a $1000 deposit in your account, you will automatically get a $200 bonus. So, now you have $1200 in your account for your trading activities.

4. Forex regular customer bonus

as the name suggests, forex regular customer bonus provides benefits and rewards for loyal clients of the forex brokers. This type of bonus can only be claimed when traders have stayed with the broker for a certain amount of time. Their experience and loyalty are the main reasons why this type of bonus is offered.

5. Forex reload bonus

forex reload bonus is a custom bonus given to existing customers only. Brokers generally provide a certain amount of reward when traders do the next reload (deposit). For example, the broker offers a 75% bonus if you make a new deposit in the next 3 days. This type of bonus is one of the best deals that you can use, especially if you are an active trader who deposits and trades frequently.

6. Forex cashback bonus

forex cashback bonus is a reward in the form of cashback offered to traders for every trade execution. This cashback will be automatically transferred into the trading account when the trades are conducted successfully. For example, if the broker provides $2 cashback per trade and you open a one lot trade, you will have a $2 cashback bonus transferred into your account.

7. Forex loyalty bonus

forex loyalty bonus is a bonus received in the form of loyalty points. Many distinguished forex brokers provide loyalty points (under different terms, conditions, or names) which can later be exchanged for other types of rewards. Loyalty points can be used to redeem bonuses offered by the broker in the forms of cash, credit, better trading conditions, and so on.

8. Forex VIP bonus

forex VIP bonus is different from other types of bonuses in that it requires opening a specific VIP account in order to claim it. This is why VIP bonuses are special and usually come with more beneficial rewards (better trading conditions, bonuses with favorable terms, priority in support service or even deposits and withdrawals). If traders want to use this bonus, they should consider opening a VIP account at the time of forex account registration.

How to find the best forex bonuses?

It is easy to find forex bonuses but finding the best bonus to suit your trading requirements can be a bit tricky.

Before deciding which bonus to take, you need to pay attention to the provider of the bonus as well as the terms and conditions of their offer. At bestfxbonus.Com, forex bonuses are listed and rated based on the reliability of the brokers, the benefits of the offered bonuses, and of course, the flexibility of their terms and conditions. All of these factors are important to take into account if you want to choose the best bonuses for trading.

Things you need to consider:

there are three things you need to pay attention to while choosing forex bonuses offered by forex brokers:

1. Use the service of trustworthy brokers

you should only choose experienced and trustworthy forex brokers. This will give you peace of mind and prevent you from any scam. By choosing distinguished and well-known brokers, you will usually get more beneficial deals and bonuses.

2. Read the conditions carefully

before depositing money and receiving any bonus, take your time to read and understand the terms and conditions of the forex brokers. For example, most brokers require you to complete a certain amount of trade before you can withdraw the profits earned via the bonus. So, never rush into it and try to calculate everything.

3. Choose your bonus well

forex brokers often update and change their bonus policy. You should choose your bonus according to your trading needs. It is advisable for new customers to consider free no deposit bonuses before going for more serious trading bonuses such as deposit bonuses. On the other hand, regular customer, VIP, reload and loyalty bonuses are suitable for seasoned traders who know their way around forex trading. Other types of bonuses can be used by both new and experienced traders.

Forex bonuses vary, and so do the conditions. That is why you need to keep yourself informed about the best forex bonuses offered by many distinguished forex brokers.

Forex bonus on your deposit from liteforex investments limited

We compensate your deposit transfer commission

The commission charged by payment systems at deposit will be returned to your trading account.

Forex deposit bonus up to 100% and all kind of trading advantages from the liteforex company

Multiple forex bonuses and promotions are a perfect chance for liteforex’s clients to increase their deposits and get extra money for trading. A variety of bonus programs lets you choose the best option and trade forex with pleasure. Participate in the company’s promotions and bonuses and enlarge your trading horizons!

Liteforex always provides its clients with withdrawable forex bonuses with free withdrawal of profit. Our current promotions include 100% forex deposit bonuses. Follow the liteforex news or stay in touch with our support team: individual deposit bonuses may be available upon request! With liteforex, you can easily get a forex bonus of 1 000 USD and more to your trading account. Moreover, often we do not limit the maximum amount of bonuses, and our bonus campaigns are constantly changed and updated. Forex deposit bonuses will help you expand your trading opportunities - additional credit funds are good for increasing the trade volume, and also the deposit bonus is an additional margin to maintain open positions. Our clients also enjoy the return of the spread up to 7 dollars per lot on all instruments and compensation of payment system commission when depositing your account! Trading with liteforex is ever convenient and profitable cooperation!

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Forex bonuses — liteforex

10$ no deposit bonus forex

The 10 dollar no deposit bonus can be defined as a welcome bonus that is given to new and first.

Free forex bonus of 100 dollar can be defined as a no deposit forex bonus given to forex traders.

100 deposit bonus forex brokers

Forex brokers with 100 dollar deposit bonus can be defined as a firm or company that provides fo.

Binary forex no deposit bonus

Foreign exchange is that financial market which provides you multiple avenues to trade. Be it ar.

100 forex broker no deposit bonus

The foreign exchange market is probably the most liquid market among all other financial markets.

Forex no deposit bonus without verification

One of the best things about this new age of foreign exchange trad.

The market has experienced a vigorous competition amongst forex brokers and just to entice more.

Risk warning: trading on financial markets carries risks. Contracts for difference (‘cfds’) are complex financial products that are traded on margin. Trading cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and taking into account your investment objectives and level of experience. Click here for our full risk disclosure.

The website is owned by liteforex group of companies.

Liteforex investments limited registered in the marshall islands (registration number 63888) and regulated in accordance with marshall islands business corporation act. The company’s address: ajeltake road, ajeltake island, majuro, marshall islands MH96960. Email:

Liteforex investments limited does not provide service to residents of the EEA countries, USA, israel, and japan.

How does forex trading work?

Updated: 12th january 2021

What is forex trading?

Forex trading, which is the same as currency trading, is the conversion of one currency into another.

It is one of the most actively traded markets in the world. Individuals, banks and businesses carry out millions of forex transactions every single day.

Here are some key things you need to know about forex trading:

It’s global

There is no central exchange for forex trading. It’s not like you are using the london stock exchange.

Instead, it is traded via a global network of banks, dealers and brokers. Which means that trading happens 24/7, monday to friday.

Prices are quoted in pairs

When looking at currency prices, you will find them in pairs. The currency you are selling and the one you are buying.

One currency is the base currency, the other is the quote. The difference between the two is known as the spread.

The market can be volatile

The extended trading hours and the global nature of forex trading mean that it can be quite volatile.

Prices can be affected by things such as interest rates or government policies. And as forex traders are in it for the profit, price movements on some currencies can be quite extreme.

Is it legal in the UK?

Forex trading is completely legal in the UK. In fact, we are known for our regulation and reliable companies.

Why trade this way?

You may be wondering why you should use forex trading when it can seem confusing and volatile. Well, it’s those characteristics that mean that you can potentially make big gains from it.

Meanwhile, the 24-hour nature of the market means that you can take advantage of different active sessions. You are not tied into a central exchange, so you can make the most of the freedom.

And ‘spreads’ (don’t worry, I did mention them earlier) are tight. So the underlying market price of the pair won’t need to move a huge amount in order for you to be able to make a profit.

Who is forex for?

For these reasons, we don’t believe forex trading is suitable for novice investors on the whole.

Where can I find more information?

Rated 5 stars out of 5 by mywallethero…

Trade UK shares for just £2.95 and US shares for just $3.95 — with no platform fee!

The finecobank* multi-currency trading account offers UK investors highly competitive share-dealing rates across 26 global markets.

Use promo code FIN100-ML today and enjoy up to 100 free trades within your first three months!

About the author

I am a freelance finance writer who also writes for fitch solutions. Previously I worked as an analyst for nielsen, specialising in consumer finance reports and news insights.

Our mywallethero experts have reviewed and rated all of these UK brokerage accounts 4 stars or better. *affiliate partner.

So, let's see, what we have: allforexbonus.Com presents best forex bonus, promotions & review 2021 - get latest offers from forex brokers around the world like deposit bonus, no deposit bonus, free forex bonuses, forex NO deposit bonus 2021, forex contests, binary options bonuses and more, UPDATED DAILY. We deliver the best forex bonuses to your trading desk. At forex promotion