Forex

As a trader of forex, commodities, and stocks, you need to have a grasp of MetaTrader 5 indicators, which would help you identify the right time to enter or exit a market. Apart from knowing when to enter and exit, MT5 indicators will also help you to provide insights into market trends, give you insight into trading opportunities, […]

Some of the unique features of a trading tool called MetaTrader 5 include automated trading, multiple open positions, multiple analytical tools, currency charts, and accurate technical analysis. What is MetaTrader 5 Also known as MT5, MetaTrader 5 is a platform that allows you to use algorithmic trading applications to automate trading of Forex, Contract for

Introduction to MT4 Trading Metatrader 4, often referred to as MT4, is an electronic trading platform that has gained substantial popularity in the retail foreign exchange sector. It was expertly developed by MetaQuotes Software and made its first appearance in the market in 2005. Since then, it has become a go-to platform for traders all

Forex CFD trading promises opportunity and excitement for those looking to diversify their portfolios and take advantage of the enormous potential of the global currency markets. However, entering this field demands more than desire; it also requires a deep understanding of the regulatory landscape, market nuances and risk management strategies. This article explores all you

Forex traders rely on different tools and resources to navigate the dynamic currency market. These tools provide crucial data, make trading easier, and perform other functions that make them invaluable to modern-day traders. Some of them include trading platforms, charting software, market analysis tools, risk management tools, and economic calendars that all perform different functions

The exchange rate and value of a currency is determined by several factors, including inflation rates, political stability, foreign exchange policy,  interest rates, and demand and supply. Exchange rates impact international trade, especially for a country that largely depends on importation and overall economic stability. Here are the most important factors that can influence the

The Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited have been suspended for a month over breaches of the country’s foreign exchange regulations. In a statement obtained by infomediang.com, the Bank of Ghana (BOG) says the suspension of the FX trading of the two Nigerian-owned banks is for

The Central Bank  of Nigeria (CBN) has revoked the operational licensed of 4,173 Bureau de Change (BDC) operators in the country as the cleansing of the FX market continues under Yemi Cardoso. There are over five thousand foreign exchange traders in Nigeria. In a press release Friday signed by Acting Director of Corporate Communications, Mrs.

The operatives of the Economic and Financial Crimes Commission (EFCC) on Monday, February 19, 2024, resorted to using firearms in their attempt to salvage the Nigerian currency from total collapse. Watch video: They had stormed the Abuja Zone 4 market, popular for foreign exchange trading, and started shooting sporadically at Bureau De Change operators in an attempt to

As the foreign exchange crisis deepens in Nigeria, the apex bank has directed all Authorized Dealer Banks in the country to stop payment of Personal Travel Allowance and Business Travel Allowance (PTA/BTA) by cash to applicants. In a communique dated February 14 and signed by the Director of Trade and Exchange Department, Hassan Mahmud, the