What is a swap in forex? A swap is the interest differential between a pair of currencies. If you go long the EUR/USD essentially you are shorting the dollar and buying the Euro. In this case you must pay any interest due the dollar, but you will receive interest owed to the [...]

What is a Mangaged Forex Account?
 
A type of forex account in which a money manager trades the account on a client’s behalf for a fee. Managed forex accounts are similar to hiring an investment advisor to manage a traditional investment account of equities and bonds. Returns and fees between managed accounts can vary greatly; therefore, [...]

The Forex market has gained massive popularity in the last five years.  Market participants have increased drastically each year.  Besides offering free streaming charts and massive leverage the forex market is commission free.  How can they possibly make money? 
 
The typical spread on the EUR/USD currency pair in the forex market is 2 pips.  This [...]

A computer program into which users enter information and the system utilizes pre-programmed logic to return output to the user.
 
The “black box” portion of the system contains formulas and calculations that the user does not see nor need to know to use the system. Black box systems are often used to determine optimal trading practices. [...]

A Forex Trading Robot is a piece of software that determines when trades should be entered, exited, and modified based on trading algorithms.
 
Some forex robots simply alert you when there is an entry signal, while others are more complete trading systems that automatically place the trades, modify them, and close trades without any human [...]