Recent posts written or contributed to by this team member.
When it comes to Forex trading, one of the most effective ways to improve your strategies and build confidence is by backtesting. Backtesting allows traders to simulate past market conditions and test their strategies without risking real money. There are tons of tools offering backtesting for algorithms or EAs then it’s hard to get manual […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
7 min
Updated Mar 8
Traditional banks are slowly becoming a thing of the past, and crypto exchanges are quickly becoming the new banks of the future. That’s why choosing a trusted and FSCA-registered crypto exchange is just as important as choosing the right bank. I’ve been trading and investing in crypto since 2020 and have used many different exchanges […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
5 min
Updated Mar 8
Going from trading personal accounts to prop firm trading can be a big challenge since prop firms have many rules you must follow. I have been trading prop firms for over 1 and a half years and managed to get funded from Alpha Capital and FTMO two of the most popular firms. In this prop […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
7 min
Updated Mar 8
Trading platforms are the backbone of every trader’s journey. In 2024, most proprietary trading firms (prop firms) lost their licenses with MetaQotes to offer MetaTrader 5/4 in their Prop Firm but a lot of alternatives emerged and some are even offering better features than MT5/4 In this article, we’ll review the 5 Best Trading Platforms. […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
5 min
Updated Mar 8
Backtesting is important for traders looking to refine their strategies and increase their chances of success. Among the many tools available, FxReplay and Forex Tester are the two most popular. Both tools focus on traders who want to test strategies with reliable historical data, but each tool has unique features, strengths, and weaknesses. In this […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
3 min
Updated Mar 8
As a trader, testing and refining your strategy is very important especially if you want to become a successful trader. This is where backtesting tools come into play, they will make your backtesting as easy as possible. Forex Tester is one of the most popular choices. But does it truly live up to the hype? […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
6 min
Updated Mar 8
Among 100s of backtesting tools available, FxReply is one of the best backtesting software. Whether you’re a beginner or an experienced trader, this tool offers an intuitive, user-friendly experience designed to help you refine your trading edge. In this FxReply review, we’ll take a deep look at its features, user feedback, and why it stands […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
7 min
Updated Mar 8
The number of forex traders in South Africa has been doubling almost every year, which is due to low employment rates and the rise of forex FURUS promoting forex trading as a ticket to break out of poverty and 9-to-5. But what they never talk about is Tax, how forex traders pay tax in South […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
6 min
Updated Mar 8
Rud pulls are a common thing when it comes to the crypto space but in 2024 we have seen a lot of rise in similar schemes when it comes to prop firms. I have been trading prop firms for the past 1 and a half years with the knowledge I’ve got over the years I […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
8 min
Updated Mar 9
Choosing the best currency pairs to trade will help you avoid terrible market conditions like huge spreads and slow-moving currencies. I have been trading forex for over 6 years now with over 20 currency pairs that I have tried to trade throughout the years I have filtered the best ones. In this article, we’ll explore […]
Reviewed by Nicolette Fact Checker
deguru
Subject-Matter Expert
+1
8 min
Updated Mar 9