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06 May

How to Use RSI in Forex Trading: A UK Trader’s Guide

Looking for clearer entry points in the forex market — especially during busy hours like the London session? The Relative Strength Index, better known as RSI, might be the tool you’ve been missing. It’s one of the simplest yet most powerful technical indicators for spotting trend shifts, momentum changes, and …

30 March

Can i trade forex in Colombia

Yes, Colombian residents can legally trade forex through brokers authorized by the Superintendencia Financiera de Colombia (SFC). The SFC regulates all financial markets, including forex, and enforces strict compliance with anti-money laundering (AML) and capital adequacy requirements. Brokers must hold a valid SFC license or operate under international regulators recognized by …

30 March

How to use forex

Open a demo account with a broker offering real-time data and leverage simulations (e.g., MetaTrader 4/5). Set leverage no higher than 1:30 for realistic risk exposure, and test strategies using at least 100 trades to identify patterns. Prioritize brokers with spreads below 1.5 pips on major pairs like EUR/USD to …

29 March

Is forex trading allowed in Morocco

Forex trading is not illegal in Morocco, but it operates under strict regulations set by the Bank Al-Maghrib (BAM), the country’s central bank. Moroccan residents can trade forex legally only through authorized intermediaries, such as domestic banks or international brokers licensed by BAM. Platforms operating without BAM approval risk penalties, and traders using unregulated …

29 March

Is forex trading allowed in Uzbekistan

Forex trading is legal in Uzbekistan through licensed brokers regulated by the Central Bank (CBU). Since 2023, the CBU enforces strict licensing requirements for brokers, including audits and minimum capital reserves of UZS 10 billion. Traders must verify a broker’s CBU registration on the official registry to avoid penalties. The CBU …

29 March

Is forex trading allowed in Uganda

Yes, forex trading is legal in Uganda and regulated under the Capital Markets Authority (CMA). The CMA oversees all financial market activities, including spot forex and derivatives. Brokers must obtain a Category 1 Investment Advisor license to operate legally. Since 2020, Uganda’s government has formalized oversight of retail forex trading to curb fraud, …

29 March

Why become a trader

Generate income streams beyond traditional 9-to-5 roles by mastering market volatility. Over 40% of proprietary traders report annual returns exceeding 15%, with strategies like swing trading and arbitrage offering quantifiable profit opportunities. Platforms such as Interactive Brokers and MetaTrader 5 enable entry with initial capital as low as $500, while leverage …