Reviewing Forex trading performance is a crucial aspect of a successful trading career. All traders should constantly improve their strategies and mindset to attain higher achievements in the largest and most competitive financial market. Knowing how to evaluate your trading performance effectively is vital, as it gives you practical insights to grow as a Forex trader.

This article maps out some effective methods of trading performance assessment and highlights the fundamental metrics for examining Forex trading performance.

Everyone knows that if you become a Forex trader, you may make a profit by engaging in Forex trading activities. It's obvious. However, only some traders realize they can earn money even without trading. Sounds absurd? But it's true, and in this article, you'll find out what Forex IB programs are and how joining one can help you earn additional income.

The mental stability of a trader is a crucial factor in the decision-making process and profit growth. This article maps out the meaning of trading psychology, the most common trading mental issues, and advice on overcoming them and thinking as a winning trader.

What’s the difference between online and offline trading?

Nowadays, any person who wants to engage in trading is not faced with the question of how exactly to do it. Access to relatively free and fast Internet is available in almost every country in the world, and the number of users of online trading applications is constantly growing.

At the same time, we should remember the traditional approaches to trading, namely offline trading. How does it work? What are the advantages of offline trading? Finally, which online trading or offline trading approach to prefer – all about it in our article.

Maybe once you found yourself thinking that investing in some company is a good decision because of its formidable reputation instead of learning about the company’s products and the whole market from its perspective. If so, congrats, the halo effect happened to you.

The halo effect is a cognitive bias that causes favoritism towards a person, thing, or process based on a specific characteristic distinguished by us. The halo effect is a stereotypical mindset when we consider one aspect as fundamental, which becomes a determining factor creating the whole perception.

This article maps out the core of the halo effect and how it affects business and trading. Especially for our readers, we’ve prepared informative examples of the halo effect, why it could be dangerous and how to overcome it.

There are many things all traders should pay attention to while browsing for a potential broker: available financial instruments, account types, tools, fees, swap-free options, leverage sizes, and other services required for successful trading. However, the most important criterion you need to consider is, inarguably, regulation.

As Charles Dow stated, the price is an excellent market data storage. It is the price that contains all the necessary information, and its movements demonstrate the whole market situation.

FBS Introducing Broker (IB) Program is a referral program that gives an opportunity for financial and professional growth. IBs attract new clients to trade with FBS via their individual referral links, and they earn when these referrals start trading. To make our partnership program even more effective, we introduced a new commission payout system.

As a Forex trader, you face a variety of risks every single day. From simple speculations to international wars, numerous events can affect currency exchange rates. This paper explores the influence of the most unpredictable and global type of risks — geopolitical risks on your trading destiny. First, let's refresh some basic knowledge.

Today, you will hardly find a company without a partnership program. On the one hand, such programs let companies raise brand and product awareness. On the other hand, a partnership program promotes partners, people who represent the company and their businesses, which increases their income. So it is a win-win cooperation for both sides.

It will be almost impossible to find anyone unaware of Forex, the largest market in the world with the highest liquidity and tremendous opportunities. The market has simple and accessible entry conditions and works around the clock. It is the Forex market that opens its doors to a successful life and, at the same time, can leave with nothing.

The paper seeks to illuminate the pros and cons of social media's influence on trading and how important it is to be a financially literate trader.