If you’re ready for larger trades, this account type might be a good fit for you. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high...

Share dealing and IG Smart Portfolio accounts provided by IG Trading and Investments Ltd, CFD accounts and US options and futures accounts are provided by IG Markets Ltd, spread betting provided by IG Index Ltd. Using both derivatives, you’ll go long if you believe that the market price will rise or go short if you...

The company now has more than 155,000 clients in over 130 countries. This is a good indication that the brand is a large, legitimate brokerage. There is also a campaign to become a professional trader which offers a bonus of up to $2000. There is also the CQG platform with four different solutions that can...

These indicators provide insights into market sentiment, momentum, and direction, which can indicate potential reversals, breakouts, and trends. However, leading indicators can sometimes generate false or premature signals, which may mislead traders into making early or late trade decisions. While lagging indicators can provide valuable insights, they too come with their own set of pitfalls....

The Chinese yuan has slumped by 2.6% in that time to hit its lowest level against the dollar in 16 years. “Rumors of the US dollar’s demise continue to be greatly exaggerated,” James Athey, investment director at Abrdn, an asset manager, told CNN. By contrast, a Harris victory is expected to bring policy continuity from...

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These are the highest points the exchange rate has been at in the last 30 and 90-day periods. The dollar has been the currency of Canada since 1858. A number of central banks keep Canadian dollars as a reserve currency. It’s known locally as a buck or a loonie, with the two-dollar coin known as...

Reddit’s user base is a melting pot of demographics, making it one of the most inclusive platforms on the internet. Ultimately, the safety of your Reddit experience is also in your hands. Being cautious about the information you share, the links you click on, and the communities you engage with can go a long way...

In many cases, the price of commodities negatively correlates to traditional markets. This means that the commodities market offers derivatives that can amplify the returns by deploying a fraction of the capital required. This is not the case when someone physically buys and sells the commodity in the cash market. CPOs distribute periodic account statements,...

The low and the high of the candle (in our case, trading day) is at extreme ends of the price range during the trading day. Now that you know what to look out for to validate a hanging man forex pattern, we will next look at a simple strategy to help you trade this popular...