Breakout Expert EAs are designed to identify key support and resistance levels in the market and open trades when the price breaks through these levels. These EAs can be useful for traders who want to capitalise on price movements in the market.
News Expert EAs are designed to take advantage of the volatility that often occurs in the forex market during news releases and economic events. These EAs can analyse the potential impact of upcoming news releases on the market and make trading decisions accordingly. For example, if a positive economic report is expected to be released,…
EAs operate on a forex trading platform and execute automatic trades based on specific rules and parameters set by the trader. Once the trader has defined the rules, the EA can analyse the market data and identify potential trading opportunities. It then executes trades automatically, eliminating the need for manual intervention.EAs can be modified to work on…
A forex Expert Advisor (EA) is a software program designed to automate trading activities. EAs are written in MetaQuotes programming language and operate within the MetaTrader trading platform to execute trades based on predetermined rules and parameters.EAs use complex algorithms and technical indicators to analyse market data, identify potential trading opportunities, and make trading decisions. They can…
We have a range of in-platform tools that can help you trade. These include our price alerts and trading signals, to a whole variety of technical indicators that you can overlay on any price chart with the click of a button. Plus, when you trade on our platform, you’ll get integrated news feeds from our…
Hedging is a technique that can be used to reduce the risk of unwanted moves in the forex market by opening multiple strategic positions. Although volatility is part of what makes forex so exciting, hedging can be a good way of mitigating or limiting your loss to a known amount. There are a variety of…
In some territories, CFDs are exempt from stamp duty but you will pay capital gains tax on your profits. However, you can offset your losses against your profits for your capital gains tax liability, which makes CFDs useful for hedging.1
You can trade forex with us by CFDs. CFD products are leveraged, which can make your money go further. Leverage in forex enables you to open a position on the currency market by paying just a small proportion of the full value of the position up front. For example, opening a CFD position on EUR/GBP might…
Forex is the most liquid market in the world because there is a large number of buyers and sellers looking to make a trade at any given time. Each day, over $6 trillion dollars of currency is converted by individuals, companies and banks, which is roughly twice the annual British gross domestic product (GDP). Forex’s…
With us, you’ll trade forex with CFDs. CFDs are financial derivatives, meaning you can go long or short. Going long means that you expect the price of a forex pair to rise, while going short means that you expect the price to fall. You’d go long if you think the base currency will strengthen against…
