WIKIFX REPORT: Discover a new way to trade Forex with the Tixee online platform

Discover a new way to trade Forex with the Tixee online platform

Tixee is an online broker for stocks, forex, CFDs, indices, metals and energies, offering a trading platform for beginners and experts. The brokerage firm provides a wide range of trading tools and educational materials, which are valuable to retail and institutional investors. With Tixees forex trading platform, traders get unbeatable customer support, outstanding trade execution, highly competitive spreads, a reliable trading platform, and an exceptional range of tradable assets.

How to open a real Forex trading account with Tixee Online？

First, a real forex trading account allows you to invest in the forex markets using real money and receive real income. Secondly, there are several types of real trading accounts, which allow investors to trade forex and perform other trading operations. Opening a real online trading account on Tixee is fast, easy and seamless and the broker offers four account types, Entry, Standard, Premium and VIP. All of these trading accounts incorporate Tixees popular execution, various trading platforms, and negative balance protection. The account opening process is simple and straightforward, and Tixee support agents are never more than a click away if you need assistance.

Which Forex currency pairs and spreads can I trade？

All the financial markets have spread, and so have the forex markets. Put simply, when it comes to currency trading, the spread is the difference between the bid price (buy price) and ask price (sell price). Experienced forex traders refer to this offer as the ask spread. Currency pairing, trade size and volatility can affect the size of the spread. Major trading pairs include: EUR / USD, GBP / USD, USD / JPY, USD / CHF, AUD / USD and USD / CAD. However, Tixee is home to other smaller currency pairs and exotic currency pairs.

How to build a strong Forex trading strategy

To avoid experiencing a widening of the spread, it is recommended that traders follow a specific trading style. Spreads tighten or widen for various reasons. Hence, there are aspects that individual traders and retail traders need to get used to.

Beware of widening spreads

Forex investors should know the spread as it is the main cost incurred in the daily forex trading volume. A wide spread means high trading spend, while illiquid currency exchanges and times of volatility combined with leveraged trading indicate unwanted foreign exchange trades. Traders with a minimum trade size should consider taking a large position relative to the size of the account. Here are valuable techniques that traders can incorporate to make their life much easier in the foreign exchange market.

Evaluate the factors that affect the size of the spread

Traders should be wary of volatility, liquidity and news to avoid high spread costs associated with widening spreads.

Choose high liquidity Forex pairs

Those who are new to the stock market should choose highly liquid forex currency pairs. High exchange rates mean low spreads and low rate risk under normal circumstances.

Consider Day Time Trading

The time of day affects exchange rates, which is why traders need to think about it in their trading technique. Forex spreads are low during the main trading sessions, Sydney, Tokyo, London and New York due to the high volumes traded. So, for a perfect spot market, trading during these exciting forex markets makes sense.

Why is Tixee the right Forex broker for traders？

Competitive prices

Tixee combines good spreads, fast execution speed and genuine commitment to help traders achieve their trading goals while trading CFDs, forex and other equity assets. Trading CFDs has never been easier, thanks to Tixees low margins on international instruments.

Outstanding technical analysis

Expert analysis provided by Tixee professionals allows you to take advantage of the huge daily forex turnover, as well as trade CFDs.

Premium Customer Service

Opening a premium account plan on Tixee ensures a private training session, dedicated customer support, and other valuable benefits.

Availability of popular trading platforms

After opening retail investor accounts or individual accounts on this company, traders can choose to use MetaTrader 4, 5 or web trader Tixee to execute their trades. Additionally, traders can opt for mobile trading on the Tixee mobile apps, available for Android and iOS devices.

Unmatched experience

For traders looking for an experienced broker, please consider choosing Tixee as it ticks every checkbox. As a renowned forex broker in the forex industry for many years, Tixee is helpful and friendly for both beginners and experienced traders alike. In the end, there are many reasons why traders should consider joining Tixee.