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Understanding The Costs Of Opening A Forex Business Using A White Label Provider

The emergence of advanced technology and globalisation has led to the rise of many online businesses around the world. Launching a forex brokerage is also a business idea you can consider as an entrepreneur. The Forex market is the biggest financial market in the world and is an attractive spot for millions of traders who are able to make profits from online trading by sitting in the comfort of their homes. Forex Trading solutions and brokerage services are always in huge demand; hence, the number of forex brokers has also increased significantly over the past few years. Are you searching about us30 profit calculator? Visit the previously mentioned website. Today, we will be exploring the process of starting a white label brokerage, how much it will cost, and the benefits you can avail of by choosing a forex white label solution.Learn More

A Complete Guide to Islamic Forex Account

A Complete Guide to Islamic Forex Account

islamic forex account

“Gold for gold, silver for silver, wheat for wheat, barley for barley, date for date, salt for salt, must be equal on both sides and hand to hand, whoever pays more or demands more indulges in Riba” is a popular saying in Islam. To elucidate, when two commodities are exchanged with each other, the two rules must be strictly followed as per islamic principles. First, the commodities must be exchanged on the spot. Second, the quantities should be equal.

Since Islamic principles prohibit the charging of interest (riba) on financial transactions, many traders who wish to trade in compliance with these principles opt for Islamic Forex accounts. These accounts, also known as “swap-free” or “no-riba” accounts, offer a different way of trading where the focus is on risk-sharing and fairness, rather than interest charges. In this article, you will be provided with all the information you need before starting to trade an Islamic forex account.

What is Islamic Forex Account?

An Islamic forex trading account is a type of account that is offered by some forex brokers for Muslim traders who wish to trade in compliance with the principles of Islamic finance. These accounts use a system of “no-riba” or “swap-free” trading, where the trader is not charged or credited overnight interest on positions held open. This means that any profits or losses are based solely on the movement of the currency pair being traded, rather than any interest charges. These accounts are also known as “Islamic trading accounts” or “Shariah-compliant accounts. Learn More

Trading Calculators Every Forex Trader Should Use


Forex trading is a complex process with highly volatile market conditions that a trader needs to survive. The calculations related to trading in the dynamic currency market can be even more complicated, making it difficult for an average newbie. But doing these calculations is the only way traders can make quick and sound trading decisions. With so many variables involved in trading, it can be difficult for traders to calculate essential metrics such as position size, pip value, profit, and margin. This is where traders’ calculators come in handy. Traders’ forex calculators help us automate these calculations to save time and effort. So you have to choose the best spread cost calculator.

Today, we will discuss the different types of trading calculators available and how useful they are for traders. Learn More

MetaTrader 5 For Beginners: A Step-by-Step Guide to Trading

MetaTrader 5,

MetaTrader 5, popularly known as MT5, is a powerful multi-asset platform used by beginners and experienced traders. It offers advanced features for analysing the financial markets, executing trades, and managing risk. However, navigating the advanced trading platform can take time and effort for first-time traders. This step-by-step guide aims to simplify the process as you will understand more about the basic functionality of MT5. It covers topics such as how to set up an MT5 account, the top features of MT5, technical indicators, and how you can trade on your MT5 account. By the end of this guide, beginners will have a solid understanding of how to use MT5 to optimise their trading process. Learn More

What Is Risk Management In Forex? How Can Traders Effectively Manage Risks?


The forex market is the most volatile market globally, and I am sure hardly any trader would disagree with this. Traders can make enormous losses due to the constant fluctuations that happen in the currency market. So is there no way out? Is it impossible for an average trader to make consistent profits in the market? Well! Every problem has a solution, and here it is- risk management. Risk management involves speculating the direction of the trade, analysing the exact value of pips manually or with the help of a pip calculator, and then taking necessary steps to prevent losses. Forex risk management rules are a set of critical practices that you may use to mitigate uncertainty in your trading decisions and to handle the risk like a pro. Learn More

What Is White Label Metatrader? How Does It Work?

White Label Metatrader

White Label Metatrader is a trusted technological solution every new forex brokerage should know about. The white label solution for MT4 allows new-age brokers to focus on developing their brand name and image, while entrusting the technological aspect of the trading platform to an established forex broker lending the service. White Label Metatrader is designed to provide a seamless trading experience to clients while also providing beginner brokers access to liquidity providers, risk management tools, and support services. This article will explore what White Label Metatrader is, how it works, and how it can help you kick-start your journey in the forex brokerage industry. Learn More

MAM Vs PAMM – Which One Should You Choose?


Investing in managed accounts is a popular way for beginners and passive traders to participate in the forex market without dedicating time and resources to research and trading. You stand a chance to make decent profits without much hassle, allowing you to reap the benefits of forex trading with minimal effort. Two types of managed accounts are MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module), each with its own unique features and benefits. Choosing between MAM and PAMM accounts depends on an investor’s goals and risk tolerance.

This article will provide a detailed comparison of MAM and PAMM accounts to help investors make an informed decision.

What Is MAM?

MAM (Multi-Account Manager) accounts are investment accounts commonly used in the forex market. They allow a single trader or money manager to manage multiple individual trading accounts linked to a master account. They provide a convenient way to manage multiple accounts and give clients a transparent view of their investment performance. Learn More

Everything You Need To Know About Copy Trading

Copy Trading

Are you interested in Forex trading but don’t have much experience or knowledge in the field?

No worries because there’s a way for you to profit from the currency markets even without extensive trading knowledge – and that’s through copy trading.

It’s an easy and convenient way to earn money in the forex market by following the trades of more experienced and successful traders. So, whether you’re a newbie or an experienced trader looking for a new approach, copy trading is the thing for you.

Want to know more? Let’s explore the topic in depth! Learn More

How to Create An Account & Start Trading On MT4?


As a Forex trader, the importance of using a reliable and feature-packed trading platform cannot be overstated. MetaTrader 4 platform has become a top choice for traders worldwide. Whether you’re a seasoned trader or just starting, learning to use MetaTrader 4 can help you quickly get up to speed and take advantage of its full potential. So, let’s learn how to use MetaTradere4!

How To Start Trading With MetaTrader 4 (MT4)

Starting to trade on a MetaTrader4 is a simple process which we are going to learn in three simple steps: Learn More

Forex Trading – Everything You Need To Know As A Beginner 

Forex trading is not an alien term for most of us, as the number of people who trade forex has been going up over the past few years. It is one of the world’s largest and most liquid financial markets, with an average daily trading volume of more than $7 trillion. In the past few years, the popularity of forex trading has risen significantly due to the accessibility of online trading platforms and the potential for high returns. However, it can also be a complex and volatile market, requiring a deep understanding of economic factors, technical analysis, and risk management. In this guide, we will explore the basics of forex trading, including its working, currencies traded and ways to trade forex to attain desired trading results. Learn More

An Introductory Guide To Automated Trading 

Automated trading, also known as algorithmic trading or black box trading, is a rapidly growing trend in the global forex market. This technology-driven approach has become a go-to trading style for modern traders looking for ways to simplify the trading process with the help of advanced trading systems. New-age traders and even traditional traders are trying to automate their strategies for a seamless trading experience. In this introductory guide, we will explore the basics of automated trading in forex, including how it works, its advantages and disadvantages, and how to start auto trading forex, and we will also answer some relevant FAQs by the end. 

What is Automated Trading?

Automated forex trading using computer programs or algorithms to execute trades in the foreign exchange market. These programs are designed to identify trading opportunities and execute trades based on predetermined rules and parameters. One of the primary advantages of automated forex trading is that it removes the emotional and psychological factors that can impact trading decisions. Automated trading can help traders avoid the impulse to make emotional trades based on fear or greed by relying on algorithms and predetermined rules. Learn More

Psychological Differences Between Demo Trading & Live Trading

Traders often observe a noticeable difference in their trading performance between demo and live accounts. Many find profiting from a demo account easier than a real money account. Some may attribute this to changes in market conditions or the involvement of real money. However, the true reason behind this difference lies within the trader’s own mind. How our brain operates plays a crucial role in trading success on a demo account versus the challenges we face in live trading.

Moreover, factors like slippage and trading costs also affect your profits. For an experiment, you can calculate your potential returns using a trading calculator without considering these factors and see the difference yourself. This presents us with an important lesson to explore further and understand the underlying dynamics at play. Learn More