bforex in bulgaria
demo version of the forex game

Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods. These are the average exchange rates of these two currencies for the last 30 and 90 days.

Bforex in bulgaria jadual 100 hari kit forex charts

Bforex in bulgaria

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Technical analysis in forex is the study of price movements in the forex chart. The trader looks for patterns that emerge from price moves and identifies the indicated best buying and selling opportunities. All forex trading platforms come with various tools for technical analysis.

It is the most commonly used analysis. This analysis goes together with technical analysis. Indicators and other tools are embedded in trading platforms to help with it. These three market analyses are equally essential to successful forex trading. Fortunately, trading platforms come with various helpful tools to conduct them successfully.

But the trader has to learn their uses to understand the trade signals that are provided. Proper analysis is then mixed with the most suitable strategy for the asset to profit from trades. The momentum strategy is best used in a medium to the long-term market trend. The trader identifies this current trend and enters a trade in the same price direction.

The goal is to ride the momentum since the trader believes that the price will continue in this direction for a certain period. The strategy can be used no matter the market condition. The basic requirement is to spot the correct trend and accurately predict its time length. Risk measures, such as limit orders, are part of the strategy.

Breakout trading refers to taking advantage of expected price breaks. No matter the market trend, breakouts may occur in price movements. They could be short-term breaks, which are often called pullbacks or reversals. A breakout may also usher in a new trend. The important thing for the trader is to anticipate this break and capitalize on it.

Risk management is also crucial here. Profitability depends on the accurate application of the strategy you choose. Therefore the trader must thoroughly understand it before using it. The right analysis and strategy will lead to successful trading. You will start to make profits before long. You may raise your investment and account status with the funds or withdraw them for personal use.

Withdrawal should be as simple as a deposit, though the processing time is longer. Click on the same funding tab to access the withdrawal request form. Select the same method you used for depositing money. Complete the instructions and click on OK. The broker receives the requests and starts to process the withdrawal. The funds should get credited to the receiving account within a few hours to a few days.

It all depends on the payment method and the broker. Forex trading in Bulgaria is permitted and very popular. Fortunately, the environment is safe for the activity, and traders get quality protection from the regulating bodies. The only tough part is choosing the most suitable broker among the many that welcome Bulgarians. We hope our recommendations make the process simpler for you.

Risk Warning: Your capital can be endangered. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an investment recommendation and serve to clarify the market mechanisms. The texts on this page are not an investment recommendation. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors.

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

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If you do not want that we track your visit to our site you can disable tracking in your browser here:. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page. The 5 best Forex Brokers in Bulgaria — Comparisons and reviews 1.

Blackbull Markets 3. RoboForex 4. Pepperstone 5. How to trade Forex in Bulgaria 1. Open account for Bulgarian traders 2. Start with a demo or real account 3. Deposit money 4. Use analysis and strategies 5. BlackBull Markets.

IQ Option. Your capital can be endangered. OK Learn more. Cookie and Privacy Settings. How we use cookies. Essential Website Cookies. Check to enable permanent hiding of message bar and refuse all cookies if you do not opt in. We need 2 cookies to store this setting.

Otherwise you will be prompted again when opening a new browser window or new a tab. Google Analytics Cookies. Other external services. Other cookies. Privacy Policy. You can read about our cookies and privacy settings in detail on our Privacy Policy Page. All trades are executed electronically through broker's apps that offer Forex trading, although other alternatives such as banks or exchange houses act as intermediaries.

This one is a much more expensive option, though. Suppose that you are interested in becoming a Forex trader, then the question would be: how would you carry out Forex transactions in the real world? You would have to go to a bank or a foreign exchange shop, with a briefcase full of cash nominated in different currencies, Euros, Dollars, Pounds, Swiss Francs, Yens.

Whenever you see that the price of one of the exchange rates is low at the moment, and you forecast that there will be a short term move on the exchange rate, you would buy the currency with another currency you hold in your briefcase. Suppose you intend to acquire Pounds with Yens. Do you have an idea of how complicated and expensive this transaction could be?

There has to be an easier option to fulfil this transaction, and the answer is through CFDs. CFDs are financial derivatives assets that replicate the price of the underlying financial instrument. Traders use CFDs as the representation of a particular currency pair of the exchange rate.

So, CFDs allow them to speculate over the short term price changes of the underlying asset the one the CFD tries to replicate without actually having to buy the underlying asset. Forex Trading platforms have excellent graphic interfaces, where it is not required to transact with a briefcase full of money.

Clients can trade anywhere, through their phones. To buy a CFD, you have to search for it at the brokers' app and press Buy. To find out whether to buy or sell, he performed a technical and fundamental analysis on the potential price variation of the pair, which allows him to predict the decline of the US Dollar price against the Euro. At the time of opening the order, the exchange rate is 1.

He monitors his trade, time passes, the price of the US Dollar falls, and on the other hand, the Euro price roses, reaching the exchange rate of one USD equivalent to 1. So, the trader would have generated 2 pips in favour of the executed order:. And how much profit does this difference of 2 pips represent in real money? To calculate the equivalent of pips in cash, you must calculate the CFD contract size combined with its leverage.

It is a "loan" that allows you to multiply the initially invested capital to have extra firepower available in the account. It is a loan provided to you by the Broker. If the leverage level is , it means that for every dollar or Euro you deposited, you will have available for trading. Sounds good, right?

You might think: I invest 1, and I get the profit multiplied by The downside is that leveraged trading also bears multiplied losses, leading to the total loss of the amount invested. Yes, all of it. A Forex trade stays open until the reversal transaction is completed if your order was a Buy, then a Sell order should come after , and the profit or loss gets calculated.

Completing a transaction could take you from a few seconds buying a CFD and then closing it to hours. The duration of a trade will depend on each trader's objective, strategy and trading plan, and available capital. Scalpers: Those who keep orders open for minimal periods. The opened trades are maintained for 15 minutes or less before the position is closed. That is, after a minimum movement in the price, the scalper closes the trade.

Day traders: They tend to liquidate all their trades before the trading hours end. It does not imply that the day trader leaves their transactions open until the end of the day. It means that yes or yes, he goes to sleep without having an open position at the end of the day. Swing traders: They operate according to the medium-term trend, for example. They can maintain the same trade for periods ranging from a week to a month. To calculate the cost of each trade, we again use the lot size.

A lot represents , units of the base currency. So, the size of the lot has to be multiplied by the price of the acquired contract. As we mentioned before, through leverage, you do not need to deposit at an exchange rate of 1. The Forex market operates all day long, all year round, since there is always someone trading anywhere in the world at any time, although it closes on weekends.

To understand better how Forex works, trading hours are one of the most important aspects to consider since they are affected by the opening and closing of the most important financial centres in the world. They, in turn, have different time zones, which allows transacting Forex 24 hours a day. Following are the opening and closing hours of each financial centre, described in GMT:.

During the day, the trading time of one major financial centre intersects with those of another territory, such as Tokyo and London and London and New York, for example. During these hours, the tradeable liquidity the amount and volume of operations is much higher. The options that we have detailed at the beginning are some of the best available locally.

Opening an account with these Brokers is an easy task involving registering personal info an ID and a proof of address and depositing money through different payment methods. Once the account is open, start trading in the currency market. Forex broker: An intermediary allowing the exchange of the assets between buyers and sellers.

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I know that I made the right decision on choosing this broker. Author of Bforex: Puput Date Different types of accounts and nice bonus offering. Hope to be their satisfied customer in long run. Minimum initial deposit is acceptable and trading conditions are good too. Spreads are tight and reps are always there to support you. Withdrawing my earnings was a fast process as well as deposit. I think this broker will be more comfort than the other broker.

Author of Bforex: Dino Date I have satisfied after a trade with Bforex broker. I didn't get so much requotes but I got technical and fundamental analysis. So I decided to trade with them forever. Author of Bforex: Valdis Date I am impressed with how informative the website of Bforex is.

They provide the essential information needed by both novices and professionals. I also like how easy it is to navigate their site. The same goes with their platform. It is simple yet complete with important tools. Trading at this broker is efficient and productive. I am trading the major pairs and my trading activities have been going well so far. In case you there are concerns, the support team is also easy to contact. Author of Bforex: Indri Date I start trading with Bforex with their demo account I feel all is good, spread are best on major pair and somewhat higher on minor pair.

The platform is accurate and fast. I found that my strategies are working fine with them. I am very satisfied with their service. Add comment. Positive review. Negative review. Neutral review. Phone scams by St Binary or Boiler Room 2. IfamDirect exits market embezzling clients funds. Open account. Special offers. Risk notification. Web-portal Administration warns you that the data provided by Forex companies are for informational purposes only.

Start trading with no risks and investments. Get bonus. Share with friends. I am very satisfied with their service 0 0 Show more Add comment. Positive review Negative review Neutral review. Home Promotions. Welcome No-Deposit Bonus. This bonus is currently available to Nigerians only. Please note that only qualified new clients will get the "Welcome No-Deposit Bonus".

The bonus is available to new clients who have completed Verification. The Client has a maximum period of 7 days within which if NO trade is opened, the bonus account will be deactivated and the Bonus funds would be canceled. The client can trade freely with this no-deposit bonus and can withdraw the profit made from trading with the bonus if the following condition s are met. A minimum of 0. The bonus account is considered active when the bonus has not been totally lost by the client or canceled by the company.

No other bonus can be applied for while the Welcome No-Deposit Bonus is active. All deposits made by the client into the bonus account will be available for trading and full withdrawal, provided the client does not lose any part of their money after making a deposit.