Seasoned Introducing Brokers (IBs) in the retail trading industry have worked chiefly with MetaTrader in the past decade or so. However, it has had a significant impact on both IBs and retail traders ever since the MetaTrader Apps got removed from the App Store. What happens next? Read on if you are finding alternatives for […]
Both MetaTrader 4 and MetaTrader 5 have been removed from the Apple App Store recently, which you can read about it here. This restriction has caused inconvenience for those who are trading on their iOS devices, myself included. The impact on my trading is minimal, however, as I have switched and carried out most of […]
Need a fast fix for Apple’s App Store ban on MT4 and MT5? Click here to learn more about FXPIG’s cTrader specifications and download the cTrader mobile app. What Happened? The MetaTrader 4 has been the iconic retail online trading platform for the past 17 years. However, both MetaTrader 4 and MetaTrader 5 have been […]
Dear Client, We are happy to inform you that we now offer EUR SEPA and dedicated cryptocurrency hard wallets for deposits. Please note, the banking details have been updated in your FXPIG client portal. Please ensure to have the latest up-to-date bank wire funding instruction when sending USD, EUR, CAD, or AUD from the ‘Fund Account’ […]
PCE Price Index m/m on Friday came out slightly higher than expected, 0.6% vs. 0.5%, while the annual metric stands at 4.9%, beating expectations by 0.2%, underpinning the consistent growth in strength in the US Dollar. It is a heavy week filled with news events to kick off the final quarter of 2022. Monday US […]
Economic Calendar Day Events Monday ECB President Lagarde speaks Tuesday Fed Powell speaks Wednesday Fed Powell speaks Thursday – Friday Core PCE Price Index FX GBPUSD GBPUSD H1 The Cable was sent into the ground in early Asian trading and we could have made 850 pips if we engaged in a short position as discussed […]
Here are some of the major events that took place this week FOMC Japan’s Intervention BOE rate hike SNB rate hike Fed Chair Powell speaks at 2 pm EST to end the week The Fed raised interest rates by 75bps to 3.00-3.25% with the Fed Fund Futures signaling a terminal rate of 4.6% in 2023. […]
To recap this trading week… OPEC+ on Monday decided to cut oil production by 100bpd in October to support the declining oil prices due to fears of economic slowdowns and renewed China’s lockdown. RBA increased its interest rate by 50bps, matching market expectations. RBA maintained that more rate hikes will be coming as inflation is […]
Forex The RBA is pretty much expected to raise rates by 50 basis points on Tuesday, investors will pay close attention to the possibility of further aggressive 50bps hike in October and November. The Bank of Canada on the other hand, is looking for 75 bps on Wednesday, While it looks unlikely that BoC will […]
