For long-term advancement and profitability, education in online Forex Trading is a beneficial tool that helps you prepare and make informed trading decisions, instead of impulsive emotional decisions that often lead to account failures. In our article, Why Education and Training in Online Trading is A Must before Trading Forex, we discussed extensively how important […]
All over the world, there are many official currencies that are used. However, on currency trading platforms, only a handful of currencies are actively traded. One currency is exchanged for another at a pre-determined price in online currency trading. For Profitable Currency Trading, it is the most economically and politically stable and liquid currencies that […]
The values of currencies on the forex market are impacted by the principle of Demand and Supply. Currency values are constantly in flux, regularly going up or down in value. Several years back, Gh¢1 was worth $5. At the time of writing, it is worth $12.30. This performance isn’t random but is attributed to a […]
Forex is commonly traded in specific amounts called Lot Sizes, also referred to as Position Sizes, which are simply the number of currency units you want to buy or sell. Like buying 1kg of butter, or a dozen eggs from your local supermarket, anything you buy or sell is determined by a unit of measurement. […]
As part of the celebration of the world’s women’s day, WOMEN IN FOREX GHANA in collaboration with GELDEX INVEST is set to train 200 national service personnel in digital finance in the central region to broaden their employment scopes The theme for the World international women’s day 2022 dubbed ‘BREAKING THE BIAS,’ is most prevalent […]
As extensively discussed in several of our previous articles, in addition to fundamental analysis, Forex Trading Investment requires you to learn the elements of analyzing forex charts; and staying disciplined. Having said that, it helps to chart out your own Trading Plan, and stay focused as much as possible, on that. The online forex market […]
Online Forex Trading is NOT GAMBLING. There’s a reason why only a small percentage of CFD traders are profitable over the long term; Without a clearly defined Trading Strategy, it’s very easy for retail investors to lose their trading capital within a short frame of time. There’s an old expression in business, that if you […]
You’ll often hear it said that the forex market is the most liquid financial market in the world, and indeed, it is. Liquidity refers to how active a market is, which in Online Forex Trading, is determined by the number of active traders and the volumes they are trading. We discussed this at length in […]
With financial markets becoming accessible to more and more people, Forex Trading Opportunities have grown exponentially over the past two decades. Online Foreign Exchange Trading, commonly known as FX Trading, refers to the practice of buying and selling currency values with the aim of making a profit. Being a global market, FX Trading is conducted […]
Geldex Invest, a multi-regulated broker entity, as part of its 1st anniversary commemoration, has embarked on a campaign to train over 300 undergraduates from selected universities in ‘Digital Finance’. The four selected universities to benefit from the initiative are the Koforidua Technical University, Valley View, Ghana Telecommunication University, and the University of Ghana, with some […]