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What are forex rebates and how do they work? Learn how forex cashback programs can save you thousands per year, debunk common myths, and start earning today.

Find the best forex broker for scalping in 2026. Compare low spread ECN brokers and see how rebate savings can supercharge your scalping profits.

Looking for a 2026 IC Markets review? We dive deep into spreads, fees, and how to get an exclusive $1.50/lot rebate. Read before you open an account.

Learn how to reduce your forex trading costs in 2026. This guide covers spreads, commissions, hidden fees, and 7 actionable strategies to save money.

In-depth 2026 comparison of IC Markets vs FP Markets. Analyze fees, spreads, rebates, platforms, and more to choose your best ECN broker.

How do interest rates affect exchange rates? In short, the higher the interest rate of a currency, the more likely it is to strengthen. Let’s explore why below. Higher Interest Rates Attract Foreign Capital When a country’s interest rates are higher compared to other countries, it tends to attract foreign capital. Investors seek higher returns…

Sick of using technical indicators and failing? I explain the real drivers of currency movement and how you can profit from it!

In summary, this article talks about the cheapest way to withdraw via IC Markets (basically free) and my withdrawal experience with IC Markets using this cheapest method (PayPal). If you want to skip the details, scroll right to the bottom for the 2 cheapest ways to withdraw via IC Markets. Note: I have received messages…

3 ways to tell if an EA is a scam

What are the most popular forex brokers? In summary, this article shares a clever way to determine the most popular forex brokers through the number of MT4 servers it has (you can check through Metatrader 4 mobile app), instead of searching for updated trading volume data, which is hard to find. You will also find…

IC Markets Australia reducing leverage to 30:1 from 29 March 2021 – What should I do? Contents Background Why is ASIC doing this? How to avoid the leverage reduction? Pros and cons of switching to IC markets global offering (Seychelles) What should I do? IC Markets 21% commission discount offer still valid Background IC Markets…

How to open a FP Markets account? (5 steps) This simple guide is meant to give you a peek into the registration process when you choose open a live account with FP Markets. For demo accounts with FP Markets, you can open a free demo account here. 1. Personal Details Fill out your personal details.…

Swap in Metatrader 4 / cTrader is the interest you earn or pay in points (0.1pip) by going long one currency, and shorting another currency.

As a retail trader, I believe spreads should be your main concern because liquidity is not going to an issue unless you are trading 5 to 10 lots at one go. myfxbook.com/forex-broker-spreads is your best tool to find such brokers

Did you know you can convert your currencies cheaply (at spot rate) at IC Markets client area? You just have to convert in 1000 units

How to increase your EA execution speed in your VPS? Keep your MT4 terminals maximized, not minimized!

IC Markets has reversed its decision to move its overseas clients to Seychelles. All clients continue to remain in IC Markets Australia

What should you do? – IC Markets moving overseas clients to Seychelles   Update 21 Jan 2021 – IC Markets Australia announces on 7 Dec 2020 that it will reduce leverage to 30:1, provide negative balance protection, among other changes, in accordance with new ASIC regulations. Clients who wish to keep up to 500:1 leverage…

In Summary: Avoid designing an EA to trade 5min and lower time frame Avoid designing an EA to go for small profits Why? Differences between broker data can be significant on lower time frames Slippage becomes a significant percentage of profits, when your average profit target is small Solution: Backtest using your broker’s actual tick…

What is my MT4 time zone? Wondered what time those candles on your MT4 charts refer to? We explain how to find your MT4 time zone, and why is it usually GMT +3 (GMT+2 during non-daylight savings) How to find your MT4 platform time? Press Ctrl+M to open up ‘Market Watch’ Your broker’s time is…

IC Markets Stock CFD trading on MT5 Hi Traders, IC Markets now offers stock CFD trading on MT5. Trade up to 120 US and Australian stock CFDs, with extremely competitive commissions for US stocks at just 2c per share. IC Markets is now offering Stock CFDs! We’ve carefully chosen 120 stocks across the NASDAQ, NYSE,…

IC Markets EA Lab – Create your Automated Trading Robots (EAs) without Coding All IC Markets clients now have access to EA Lab – A World-Class auto trading tool able to create EAs without coding, within a minimum of 20 lots traded per month. Introducing EA Lab and EA Analyser EA Lab was developed by Trade…

What is negative balance protection in Forex? Negative balance protection means if the markets move rapidly against your position, you will not lose more than your deposit. Since the swiss franc crash in Jan 2015, the phrase ‘negative balance protection’ has become popular in the retail Forex markets. In this article, we’re going to talk…

If you’re looking for a bitcoin broker, Pepperstone Australia now offers bitcoin trading via MT4.  Learn more:

What is a low spread Forex broker? A low spread Forex broker is one who gives you the smallest difference price between the Bid and Ask price. The smaller the distance, you can buy lower, and sell higher, as compared to a broker that has a higher bid and ask price, Correct? The key benefit…

Always wanted to fund your account with the convenience of PayPal? Now you can with IC Markets! Open an account today and get 22% discount off your commissions – For life! http://icmarkets.com/?camp=1441 Start being a Forex Trader today!  Our PayPal withdrawal experience with IC Markets and our PayPal deposit experience with IC Markets.  

Ever wanted trade with zero risk, yet be able to win cash? Now you can with Tickmill’s FOREX DEMO Challenge! The DEMO race is a great way to hone your trading skills without risking real capital, yet be able to win cash. We all know trading takes lots of practice, and the FOREX DEMO RACE…

Axitrader has introduced 18 new currency and commodity pairs to trade from These include emerging market currency pairs including: Malaysian Ringgit Brazilian Real Chilean Peso Colombian Peso Chinese Renminbi Indonesian Rupiah Indian Rupee Korean Won Phillippine Peso Taiwan Dollar   Traders can take advantage of the Malaysian Ringgit slump, or position themselves with the falling…

TradingFXVPS standard plan ($25) review Through the month of December & January, I’ve been given the opportunity to review TradingFXVPS for 1 month – $25 standard plan in New York. Here’s the verdict: Verdict Conclusions are written first for your convenience. TradingFXVPS $25 standard plan is a value for money product for traders looking to…

Tickmill VIP Promotion! Update: This promotion has ended on 30 Sept 2015. For more useful Tickmill promotions, check out Tickmill Demo challenge, where you can try demo cash, but win real cash every week. Winner takes home $1,000, with prizes for the top 10 positions. Learn more Tickmill is having a VIP account promotion till…

How to fix corrupted history data in MT4 / How to fix gaps in MT4 data A question about how to fix a corrupted history data file was posted in a facebook group I’m in and I’d like to share the solution to fellow MT4 users who may have encountered the same issue. This person…

Just added a new EA that automatically inserts X pips SL and TP once you open a new trade. Useful for fast scalpers who have little time to add SL and TP once they open a new trade. Traders who trade Bob Volman’s scalping style on MT4 will appreciate this. Check it out here ( EA…

Proof of positive slippage Just had a trade with positive slippage of over 10 pips with the brokers on our website. While uncommon, it certainly rekindles my faith in these brokers. Axitrader Global Prime FxOpen AU Sensus Capital Markets ——————————————————————————————————————————–

Mechanics behind not trading against a trend We’ve all heard of the warning not to trade against the trend. This guide explains in layman terms why. Explanation The short and sweet answer is that in an uptrend, there will be buyers below. In a downtrend, there are sellers above. So you could try to trade against…

How to trade Forex economic news? Refer to our Forex news calendar In general, if the actual data is better than the expected data, the related currency pair will strengthen, vice versa Only trade news of high importance (3 bulls) Draw support & resistance lines on H1 charts (using open & close prices, not high…

New Forex Economic News Calendar I’ve included a new tools sections which shows our live forex broker spreads AND our new Forex news calendar. Included in the Forex News calendar is a guide on how to trade news breakouts. Check it out! ——————————————————————————————————————————————————————– 

Lot sizing and money management for beginners We’ve all heard that we should risk a maximum of 2 to 5% of our capital per trade. While that is true if you’re a seasoned professional trader, recounting my own experience, the beginner should risk much less when starting out. From my own experience, risking even 1…

New Year, New Gift from Tickmill Today, I received a thank you gift from one of the brokers I trade with, Tickmill. They sent a gift last year too. Haha, now I’ll be expecting one from them every year now. On a more serious note, they are the only broker who actually sends something physical…

Which deposit currency should I choose? When traders first start out, many choose USD as their account’s base currency even when their broker offers accounts in their home currency — it feels good to earn in a “bigger” foreign currency. If your home currency trades at, say, 1.3 to the US dollar, every 1 USD…

Just yesterday, I was having a discussion with a trader who uses Abundance Trading Group’s discounts. He mentioned to me that he was slipped >20 pips on his stop loss order on a news event. He trades mostly on the daily time frame. I advised him on a various ways he could minimize slippage and this…

Website Updates! Some readers may have noticed the new favicon added. It is a picture of a tree representing harmony and abundance. Here is the favicon: And here is a potential logo I’m considering. The logo is similar to the favicon picture. Another update is that I’ve made the NSND arrow version indicator available for…

Forex brokers with best VPS bundles This post has been updated on 8 Sep 2018 to reflect the latest VPS sponsorships available. A few clients have asked me my opinion on the best VPS bundles that brokers offer. For those of you that do not know what a VPS is – read my detailed post…

Axitrader Execution Speed Test A client of mine a requested an Axitrader execution speed test between US02 and US09 servers (both ECN PRO severs, but US09 is newer). Here are the results: Findings – US09 about 50 to 60ms, US02 250 to 300ms.Why? – I believe US09 server has upgraded to MT4 build 670 (latest…

What is Last Look in Forex? Last look in Forex is simply the ability for the liquidity provider filling your trade to reject your order, although you might already have hit his price. For example, liquidity provider A (LP A) places a BUY limit order at 1.3500 for EURUSD for 10 lots. You decide to…

What is A Book vs B book in Forex trading? What is A Book vs B book in Forex trading? B book brokers trade against you. A book brokers do not. Forex is different from equities or futures trading because your broker can choose to trade against you. This is known as B booking. When…

What is the difference between Market makers vs ECN vs STP brokers When I first jumped in the world of Forex in 2010, the same questions faced me. What is a Market maker? What is an ECN? What! Why is my broker trading against me? Isn’t Forex execution the same as the stock market? Ho…

Metatrader 4 build 600 changes As most of you know, metaquotes has update Metarader 4 to build 600. Build 600 brings about massive changes from the previous stable version of build 509. For example, trade execution time has been reduced because MT4 terminal does not have to establish a second connection with the broker’s MT4…