Topic: Foreign Exchange

How to Calculate Foreign Exchange Gain and Loss

How to Calculate Foreign Exchange Gain and Loss

Foreign exchange trading involves buying and selling currencies with the intent of making a profit. However, forex trading is very challenging and tricky as a number of factors affect the exchange rates. While trading in currencies, it is important for traders to be...
How to Get Historical Exchange Rates?

How to Get Historical Exchange Rates?

If you are running or managing a global business with sales and operations in many different countries, then you will need the historical exchange rate data for various reasons such as consolidating and reconciling the accounts, identifying forex trends, hedging, and...
How to Interpret Foreign Exchange Rates?

How to Interpret Foreign Exchange Rates?

The foreign exchange rates help us determine the value of one currency in terms of another currency. The foreign exchange market is a global 24-hour market where traders from around the world buy and sell currencies for various purposes including speculation, and...
What is MetaTrader 4?

What is MetaTrader 4?

MetaTrader 4 is one of the most widely used electronic trading platforms used by retail foreign exchange traders for trading in forex, futures and options. MetaTrader 4 is made by a company called MetaQuotes Software and was first released on 2005. MetaTrader is a...

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