A Brief Overview Of Different Types Of Forex Trader

Though the market of Forex works in a very simple way and not many traders can make money out of it, the types of traders are very different. In our article, we are going to talk about the different types of traders in Forex. If you fall into any of these categories or not, do not think you are not a trader. This market is large and every day more traders are entering Forex. It is not possible to keep a track of what other traders are doing in real life trading. Millions of traders have millions of styles and it is only natural each of them will trade the market in their own way. We are going to discuss some of the only common ways of types of trader. Even you will find a great level of diversity among the professional Swiss traders. Trading strategies and the systems tend … Read the rest

Though the market of Forex works in a very simple way and not many traders can make money out of it, the types of traders are very different. In our article, we are going to talk about the different types of traders in Forex. If you fall into any of these categories or not, do not think you are not a trader. This market is large and every day more traders are entering Forex. It is not possible to keep a track of what other traders are doing in real life trading. Millions of traders have millions of styles and it is only natural each of them will trade the market in their own way. We are going to discuss some of the only common ways of types of trader. Even you will find a great level of diversity among the professional Swiss traders. Trading strategies and the systems tend … Read the rest

HSBC Faces New Allegations over Forex Manipulation

HSBC is one of the top wealth managing companies in the world. HSBC, therefore, is a hugely popular company and its dealings involve so many agents, banks and traders. As such monitoring of the company’s activity is always likely to raise eyebrows due to the large number of clientele and transactions involved. Bearing that in mind, HSBC has not had a good reputation as regards to its past activities dating up to more than a decade ago.

HSBC is facing new allegations of manipulation of transactions involving clients or accounts from other countries. The bank’s traders are being accused for making illegal profits by modifying markets over ten years ago at the expense of their clients. The ECU Group which is also located in the United Kingdom, took HSBC to the commercial court asking HSBC to reveal records on three foreign exchange orders from a decade ago. The worth of … Read the rest