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Forex Trading Orders

The Full Set of Forex Trading Orders

Forex trading offers a wide range of trading orders..

  • What is a Trading Order?

A trading order is an instruction to your broker to buy or sell a financial asset on your behalf. The order-driven system in all modern exchanges automatically matches buyers and sellers.

The proper use of a trading order adds control to your positions and significantly reduces risk and trading costs. Different brokers may offer different sets of trading orders, and therefore, when choosing a broker, you must ensure that the full range of trading orders is available.

Market and Pending Orders

Generally, trading orders are divided into market orders and pending orders.

  • What is a market order?

A market order is an order to buy or sell a financial asset immediately, at any given price. This order type guarantees execution but does not guarantee the execution price.

  • What is a pending order?

Pending orders are executed at a pre-specified market price. A pending order can be placed in advance, or afterward, a position is opened, it can also be modified at any time. The great advantage of a pending order is that eliminates the risk of slippage. 

  • What is Slippage?

Slippage refers to the difference between the price expected and the price at which the order is actually filled.

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Portfolio Management

This article presents three basic investment concepts and a series of significant portfolio management ratios...This article presents three basic investment concepts and a series of significant portfolio management ratios.


Three Basic Investment Concepts

  • risk-free rate
  • standard deviation
  • max drawdown

(i) Risk-Free Rate

The 'Risk-Free Rate' refers to the annual return that an investor can secure without taking any market risk. Usually the 'Risk-Free Rate' is calculated based on the annualized interest paid by holding a three (3) month treasury bill. Any investment offering lower returns than this guaranteed rate is considered an unacceptable investment.

  • In the EU, the 3-month Euribor is used
  • In the USA, the 3-month US Treasury bill
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Main Forex Expos 2023

Main Forex Expos 2023

These are the upcoming Forex Expos in 2023.


  • When: December 9, 2023
  • Where: HO CHI MINH, Vietnam

Traders Fair - innovative yet interactive series of educational and networking events throughout Asia and the rest of the world.

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Starting a Forex Hedge Fund

A Forex fund can be established in many countries around the globe, without even having to visit them..Starting a Forex Fund

While Forex brokers, money managers, and liquidity providers are under heavy regulatory pressure in recent years, the number of Forex funds around the world is constantly growing as a result of an expanding demand for passive-Forex investing services.

Setting Up the Forex Fund -location

A Forex fund can be established in many countries around the globe, without even having to visit them.  You can easily start a Forex fund in the US, in Europe, or even in offshore countries.

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Intraday Forex Trading Strategy

Creating your Own Intraday Forex Trading Strategy

The Foreign Exchange market is characterized by high volatility and uncertainty. Therefore, only the existence of an effective trade strategy can lead to long-term success. There are hundreds of different intraday strategies which are based on the combination of technical analysis and money management techniques. It is important to find a trading strategy that is 100% compatible with your risk profile and your general personality in order to implement it with discipline.

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  • What is Online Forex?

    Forex means FOReign EXchange and it is a 24/5 global market where world currencies are traded one against the other. Forex is the largest financial market in the world, as the daily volume of transactions is estimated to exceed $4 trillion...

    ■ The most significant Forex centers include London, New York, Tokyo, and Sydney

  • What is a Currency Pair?

    A currency pair or else an exchange rate is a quotation of two different currencies (i.e. EURUSD). The first listed currency of a currency pair (i.e. EUR) is called the base currency, and the second currency is called the quote currency (i.e. USD)...

    The most liquid pairs in the Foreign Exchange Market are:


  • What is ECN/STP Forex Trading?

    ECN means Electronic Communication Network and it is an electronic bridge connecting large liquidity providers (i.e. banks) with smaller market participants (i.e. retail traders). This connection works through an ECN Forex Broker who charges trading commissions for offering access to the ECN market.

    STP means Straight-Through Processing and refers to the method of transferring retail trading orders straight to liquidity providers, without any dealing desk intervention. STP Forex brokers usually offer a transaction speed between 70 and 150 milliseconds.

    NDD Brokers: They include ECN/STP brokers and provide direct access to interbank rates. That means traders get a better quotation and faster order-execution

    DD Brokers: They are known as Market Makers and they build an internal market following the ECN market. Not a good choice for intraday Forex traders

  • What is Money Management (MM)?

    Money management aims to protect portfolios by helping investors to decide how much to risk on any trade based on their total available capital.

    In practice, that means implementing various techniques and having a set of rules in order to limit risk, and simultaneously increase the reward.

    » Learn more about Money Management

  • How to trade in the Forex Market?

    Online Forex works as a decentralized network for exchanging the world's currencies. Trading the online Foreign Exchange market requires a trading platform linked to a trading account. Forex brokers can provide a trading account while most trading platforms are free to download and use...

    ■ Web-trading platforms: are better for beginners

    ■ MetaTrader and cTrader: are better for advanced and professional Forex traders

    Where to Start?

    First of all, you need to find a safe and competitive Online Forex Broker. Then you can open a Demo Account with this broker in order to train without risking your real funds. After you begin to gain some experience, you can move to a Mini-lot account where a 0.01 lot equals just $10. After some time, you can move to a standard-lot account where 0.01 lot equals $1,000...

    » Compare Online Forex Brokers