This article will introduce the functions of foreign currency account and the procedures for account opening. It will also explain the differences between a general foreign currency account and a forex account, which is mainly used for currency trading.
This article will share some common frauds in the forex industry and provide ways to identify and prevent them so that investors can avoid these illegal platforms in the future.
Many investment websites have economic calendars, which contain and update the release date of economic data or important economic events around the world. In this article, ZFX explains what an economic calendar is and how to read it correctly, and how it can be useful to forex investors.
In addition to reflecting the overall performance of the stock market, the stock index is also a popular investment choice in recent years. In this article, ZFX will introduce to you 10 major global stock indexes, their trading hours, and the commonly used index-related trading products.
Parabolic SAR is a technical indicator for finding out potential reversals in price movement in trading. This article will teach you how to use the SAR indicator in Forex trading with examples.
Many Forex traders are interested in setting up algorithmic trading using Expert Advisor (EA), the most popular automated trading system on MT4. In this article, we will introduce the principle of EA, how to use EA on MT4 and the pros and cons of trading with EA.
Day Trading is a common trading method used by many short term traders. In this article, ZFX will explain the common strategies and techniques of day trading.
In this article, we will introduce market sentiment analysis, which analyzes markets from a psychological viewpoint, and how to apply some popular market sentiment indicators in daily trading.
ZFX offers two types of accounts: STP and ECN. Aside from the differences in spread and commission, the two account types also process client orders in different modes through different platforms. This article will introduce to you the differences between STP and ECN.
In forex trading, we usually use pips to describe the fluctuation of the exchange rate as well as calculate the profit and loss of a position. This article describes what a pip is and how to use it to calculate pip value and position gains/losses.
