5 things you didn’t know about forex traders
If one was interested in forex trading, they would have probably done extensive study and learned a lot about the markets, trading methods, and instruments. Nonetheless, one may not be aware of a few interesting facts concerning forex traders. What distinguishes a good forex trader from the rest, first of all? The typical defenses, such […]
What is fiat currency?
Government produces currency known as “fiat money” and it is not backed by a tangible good like gold or silver, but rather by the government that created it. Instead of being backed by the value of a commodity, fiat money derives its value from the interplay between supply and demand as well as the stability […]
What is Forex Prop Trading?
Forex prop trading firms is when someone trades with someone else’s money rather than their own. A proprietary firm, often known as a prop firm, allows traders access to its funds in exchange for a cut of the profits the traders generate. In light of this, the process of forex prop trading typically goes as […]
How forex trading challenges work?
Most prop firms give traders challenge evaluations, which are composed of 2 stages. The first stage of the evaluation process is the challenge. The forex Challenge stage has rules to be followed, and the Profit Target must be hit in order to obtain live funds. The maximum time limit in order to finish the forex […]
