A statement (Statement) is a financial report that displays details of transactions, profits and losses, account balance, and other relevant financial activities of a trader. This report helps traders analyze their performance and develop better trading strategies. What is a Statement and Why is it Important? A statement (Statement) or trading account report is a…
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In technical analysis and financial market trading, custom indicators are tools designed to personalize analyses and create more precise strategies. According to recent reports, over 60% of professional traders use custom indicators to receive more accurate trading signals. These indicators, due to their adjustable settings tailored to individual needs, have become one of the essential…
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What is an ECN Account? An ECN (Electronic Communication Network) account is a type of trading account in the Forex market and other financial markets that uses electronic communication networks to connect traders directly to the market. This type of account allows traders to interact directly with other traders and liquidity providers without traditional intermediaries…
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One of the major challenges for Iranian traders in the forex market is finding brokers that not only offer excellent services but also charge low commissions and trading fees. According to Statista, a 0.1% reduction in trading costs can improve annual returns by up to 15%. This highlights the importance of choosing a broker with…
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The Forex financial market provides traders with the opportunity to trade various currencies 24 hours a day. Traders can profit from currency price fluctuations by using technical and fundamental analysis. The appeal of this market lies in its high liquidity and easy accessibility for investors. To succeed in Forex, it is essential to understand market…
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Choosing the right broker with low spreads is one of the most important decisions every Forex trader must make. Low spreads significantly reduce trading costs and allow traders to profit even from small market movements. According to published statistics, more than 85% of professional traders consider low spreads as one of their main priorities when…
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Advancements in technology, particularly in software and mobile applications, have provided traders with extensive capabilities to access financial markets easily and swiftly. Utilizing this technology not only offers greater convenience for traders but also enables them to analyze and execute their trades anytime and anywhere. Learning to Trade with a Mobile Phone In this article,…
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Forex is a global market for buying and selling different currencies. In Iran, despite legal restrictions and the lack of formal infrastructure, many individuals participate in this market through foreign brokers. Due to the absence of official statistics and existing limitations in Iran, it is challenging to estimate traders’ exact income. However, based on unofficial…
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According to recent statistics, over 80% of traders in the Forex market experience unexpected costs due to fluctuations in floating spreads. While this type of spread is generally affordable in calm market conditions, many traders are looking for brokers with fixed spreads to ensure cost predictability and greater security. But the question is, do brokers…
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MondFX, as one of the leading brokers in the Forex and CFD markets, offers unique and professional services to traders. By focusing on the needs of Iranian users, MondFX has secured a prominent position among its competitors. From Persian language support to convenient rial deposits and withdrawals, MondFX provides an unparalleled trading experience for its…
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