Why is Latency so important for forex trading ?

Latency or delay as known in computer networking, is the time interval for a process to present an outcome, the time delay between the cause and effect of a physical change within a system. In Forex Trading, latency indicates the time needed for the traders’ requests to get a response from the broker’s server. Latency is considerably important because it can have a huge impact on the price that traders pay in the markets, hence it is significant for latency to be at lowest when making a trade. Traders can identify the range of latency in accordance with the trade that they are executing.

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What is Trade Execution Speed?

Timing matters significantly in the world of forex trading. For example, if you are trading based on the news, you will need to act quickly if you want to increase your revenue. Most forex traders generally have to be very proactive if they want to make quick trades. When you first decide to make a trade, you need to call in your broker in order to make the trade. However, most trades take a bit of time to go through. If you are working with a broker who has a reputation for being slow in the market, you will end up losing a lot of your trades.

How Does Trade Execution Speed Affect My Performance?

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Finding a Reputable Forex Broker

When it comes to trading on the forex market, the first thing that you need is to find a reputable broker. There are hundreds of different brokers that you can sign up with if you are into forex trading. However, your selection of the broker could have a huge impact on your future trades. The right broker could not only help you earn a lot of money, but your broker will also make it easy for you to find important information. Here are a few advantages of working with a reputable broker:

- Easy to Withdraw Money
- Customer Support

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Fixed and Floating Spreads - What You Need to Know

When it comes to trading in the forex market, spreads play a very important role. Many people don’t realize the difference between fixed and floating spreads. Simply put, the difference between the Bid and the Ask prices is the spread and this difference is calculated in pips. A pip is a basic numerical value that is used widely in the Forex market. The value of the currency is measured in pips. One pip is equal to 0.0001, while two pips equal to 0.0002 and so on. A single pip is the smallest exchange of price that can occur on the forex market.

What’s a Spread ?
  - Fixed Spreads
  - Floating Spreads

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The Importance of Customer Service in Forex Trading

The world of Forex trading is incredibly complex. There are hundreds of different things that you need to know and many complex terms that you must carefully understand. Needless to say, forex trading is all about knowing when to make the right trade. It might seem like a simple thing, but having the right broker could make a world of difference.  Many people who enter the world of forex trading don’t really know much about how to get started.

Here are a few reasons why you need to work with a regulated forex broker that offers top of the line customer service:

- Allows you to learn the Basics
- Lose Less Money
- Understand the Market

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