This article covers the fundamentals of Islamic Forex trading and how you can trade forex in a halal way. We will also outline some important factors that Muslims who engage in online forex trading should consider. Continue reading to learn more. It can be difficult to determine whether Forex trading is haram (unlawful) or halal (lawful).…
Read more
The Foreign exchange market is open 24 hours a day and five days a week. Since the forex market operates per the usual business hours of four primary countries worldwide and their associated time zones, trading occurs day and night. Although traders can access trading platforms anytime, this does not mean they should constantly be…
Read more
Foreign exchange trading, also known as Forex trading, is the act of purchasing and selling currencies to profit. The foreign exchange market is the largest, is highly liquid, and is accessible to everyone. You should note that trading forex is not for the faint heart or an inexperienced trader. Having said this, forex trading has…
Read more
From rental properties to dividend-paying stocks, explore the many opportunities for generating passive income and building wealth Creating a sustainable income stream has become a crucial aspect of financial stability today. Gone are the days when one could expect to make enough from their 9 to 5 job. With increasing inflation, a simple paycheck may not…
Read more
Tax-free forex trading involves no taxes on investments, profits, or capital gains. This can be especially attractive for traders looking to capitalize on short-term gains and take advantage of leverage provided by brokers. Tax-free trading can be found in certain countries with special tax laws or incentives for foreign exchange traders. These countries are called…
Read more
An Expert Advisor (EA) is a software that monitors and trades in the financial market with the help of algorithms. The software will run on the Metatrader 4(MT4) trading platform. Depending on the configuration, the software will automatically open a trading position or notify the trader to decide. After the position is opened, the EA…
Read more
From Wikipedia, the free encyclopedia Developer(s) Metaquotes Software Corp. Operating system Windows, Android, iOS[1] Type Trading platform, Technical analysis software License Metaquotes Software Corp. Website www.metaquotes.net/en/metatrader4 MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange…
Read more
Leverage is nothing more or less than using borrowed money to invest. Leverage can be used to help finance anything from a home purchase to stock market speculation. Businesses widely use leverage to fund their growth, families apply leverage—in the form of mortgage debt—to purchase homes, and financial professionals use leverage to boost their investing…
Read more
