What is forex trading and how does it work Forex trading is the buying and selling of currencies in the foreign exchange market. The forex market is the largest and most liquid financial market in the world, with an average daily trading volume of over $5 trillion. Forex trading is conducted 24 hours a day, … Read more
Understanding Intraday Trading Intraday trading, also known as day trading, is a fast-paced and dynamic form of financial trading where you buy and sell securities within the same trading day. Unlike traditional investing where you hold onto stocks for longer periods, intraday traders aim to capitalize on short-term price fluctuations throughout the day. Imagine the … Read more
What is NFO in mutual fund? NFO stands for New Fund Offer, which refers to the launch of a new mutual fund scheme for the first time. It’s similar to an Initial Public Offering (IPO) for stocks, where the fund house is trying to raise capital to invest in assets based on the scheme’s objective. … Read more
What is Nifty and Sensex? Nifty and Sensex are both important stock market indices in India, but they track different things: Nifty: Stands for National Stock Exchange Fifty. The benchmark index of the National Stock Exchange (NSE). Tracks the performance of the 50 largest and most liquid companies listed on the NSE. Represents approximately 70% … Read more
Here is a list of the top 10 forex trading platforms in 2023: 1. MetaTrader 4 MetaTrader 4 (MT4) is the most popular forex trading platform in the world. It is known for its user-friendly interface, wide range of features, and customizability. MT4 is available for desktop, mobile, and web platforms. 2. MetaTrader 5 MetaTrader … Read more