The MetaQuotes Software Corporation created its trading platforms (MT4 & MT5) to support the use of third party programs coded in the platforms’ language for different purposes. With this programmers and other software developers began to develop software for traders. This lead to the creation of the mql5 market. In the mql5 market, sellers can…
Introduction Have you ever wondered what exactly MetaTrader 4 is? Or you know what it is but do not have a full grasp on what it does. Well, that is about to end. In this post, I will be examining in the detail what MetaTrader 4 is and what it does. What is MetaTrader 4?…
Introduction The name MetaTrader 5 will sound familiar to everyone in the forex trading space even though not everyone might just be conversant with it. This is because it is an improvement on a much more popular platform MetaTrader 4 produced by the same company – MetaQuotes Software Corp. In this post, I will be…
Retail forex trading is done through online platforms. These platforms vary widely as different brokers provide customized and varied trading platforms to their clients. In spite of this variety, there still exist some platforms that are universally accepted and are offered by most brokers to their clients. Two universally accepted platforms – MT4 and MT5…
The forex market is by far the largest financial market in the world, and to participate in it as a speculator (retail forex trader), you need a platform. Basically, forex trading platforms are “consoles” from which traders can view, analyze, and place orders. These orders are received by the broker which then executes them. Therefore,…
Technical analysis in forex requires the identification of price patterns formed on the chart. Identification can be done by mere recognition of specific formations on the chart or through the use of technical indicators. Talking about specific formations on the chart, some can be recognized on almost all chart types while some can be recognized…
MetaQuotes Software Corporation is one of the biggest names when it comes to forex software. This company is responsible for the design and development of MT4 and MT5 the two most popular forex trading platforms in the world. In accordance with their success, they have also created the largest market for forex software – the…
Forex signals are trade directions provided ideally by a skilled and profitable trader to other traders who have not quite attained the same level of mastery but seek to make profits from the forex market. It sits on the basic logic of a product being supplied to meet demand. Sometimes people who are not so…
Forex brokers can be classified based on their mode of execution. The types of brokers are market makers, straight-through-processing (STP), and ECN brokers. The last two belong to the no-dealing-desk (NDD) brokers. In this post, I will be examining the best ECN forex brokers. ECN brokers are brokers that employ ECN technology to connect their…
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
No products in the cart.
