Economic News with Highest Potential in 2023
Economic News with Highest Potential in 2023
There is going to be a lot of price volatility in the forex and commodity markets in 2023 as a result of political and economic events that will shake the world. These will produce great opportunities to profit from the news. This article will show you which macro economic data you should be trading in...
March 31, 2023 12 min read
Credit Suisse Stock Price Collapse: Trade of the Year?
Credit Suisse Stock Price Collapse: Trade of the Year?
News flash: As of close of trading on Friday 17 March, the Financial Times is reporting that the boards of UBS and Credit Suisse are to meet to discuss UBS’s potential takeover of all or part of Credit Suisse. The situation remains fluid and we could have very volatile market conditions next week. But read...
March 17, 2023 5 min read
The Drawdown: How it Works on TrueForexFunds
The Drawdown: How it Works on TrueForexFunds
Participating in a funded trader program is about more than just making and splitting profits. The prop firms also want to see that you obey the principles of risk management and that you can follow the rules. They want to know if they can entrust their money into your care and that you can responsibly...
March 16, 2023 5 min read
Why Gold Should Be on Your Asset List As a True Forex Funds Prop Trader in 2023
Why Gold Should Be on Your Asset List As a True Forex Funds Prop Trader in 2023
Whether you participate in the True Forex Funds Evaluation process or go straight into the funded account trades, consider adding gold to your asset list in 2023. Gold trading is one of the most overlooked assets listed on forex platforms.  Some prop firms prohibit gold trading for various reasons best known to them. While many...
March 15, 2023 5 min read
Understanding True Forex Funds’ MT4/MT5 Asset Contract Specifications
Understanding True Forex Funds’ MT4/MT5 Asset Contract Specifications
Learn about contract specifications of asset classes, units of measurement of price moves and how these affect trade costs, profits, or losses.
March 14, 2023 5 min read
Meet one of our successful traders Vincent; $39,000 in Payouts
Meet one of our successful traders Vincent; $39,000 in Payouts
Vincent got into trading during the 2017 crypto bull run. Ever since he is improving and trading full time. His past profits split adds up to $39,928.72 with True Forex Funds and he is now fully funded to enjoy big returns. Read more about his experience. I would like to share with you my background...
January 8, 2023 4 min read
True Forex Funds vs FTMO
True Forex Funds vs FTMO
What is a forex prop firm? Before jumping into comparisons, let’s learn about prop firms and why they may be good options for traders. To get funded by a Proprietary trading firm, traders have to go through a two-phase evaluation program. Then the firm funds them and they receive a profit sharing from the total...
January 6, 2023 5 min read
News trading in Forex
News trading in Forex
In the high leveraged forex day trading, certain practices can result in substantial losses. Day traders and news traders frequently make blunders that eventually have the opposite impact from what they were hoping to achieve: higher returns. In this article, we discuss potentially fatal errors that can be avoided with preparation, discipline and an alternative perspective.
September 7, 2022 5 min read
What is Forex trading?
What is Forex trading?
What is the Forex market? Forex (FX) trading is also known as foreign currency trading. Foreign exchange is the process of converting one currency into another for several purposes, typically for business, trade, or travel. The foreign exchange market is where currencies are traded.The Forex market with a daily trading volume of $6.6 trillion tends...
August 21, 2022 5 min read