Gain an edge trading Forex, Commodities and Indices on the powerful Vantage FX MetaTrader 4 platform. Obviously any profits you make when using a demo trading account will not be yours to keep as they are paid out via additional demo credits but the upside of these types of accounts is that you will never risk losing anything whilst you are mastering the online or mobile trading environment.
Check out my price action trading course to find out exactly how I implement moving averages with my price action setups, they are the only indicator that I use and I do not use them for anything other than identifying dynamic support and resistance areas.
The Web Based Trading Platform is mainly for traders who do not wish to install software on their computer or because they don’t have time to do so. (Although downloading the software just takes a couple of minutes and is completely safe) The Web Based Trading Platform ofiForex is accessible via any browser and only requires an internet connection.
Lagging indicators claim to help traders make money by spotting trending markets, however, the problem is that they are late” to the ball, meaning they fire off a buy or sell signal into a trending market after the market has already started to trend, and just as it is probably about ready for a counter-trend retracement.
The primary reason the FX market exists is to facilitate the exchange of one currency into another for multinational corporations that need to trade currencies continually (for example, for payroll , payment for costs of goods and services from foreign vendors , and merger and acquisition activity).
Many traders make a living or gain a secondary income out of trading currencies, however it’s important to note that firstly international currency prices are highly volatile and very difficult to predict, and secondly that when trading forex you can very easily lose all of your money.