Blue Forex Institute was established by media expert, Thabiso Khumalo. Thabiso who has worked at the likes of East Coast Radio, Gagasi FM, Kaya FM and South African Breweries, attained a Bachelor of Commerce degree at UNISA majoring in Marketing and Economics. He is a strategist who has always had a passion for the markets.
Did you know that the foreign exchange market (forex or FX) is the largest market in the world, with some US$5 trillion in average daily transactions? All the world’s combined stock markets don’t even come close to this. But what does that mean to you? Take a closer look at forex trading and you may find some exciting trading opportunities unavailable with other investments.
What's the difference between a practice and live trading account?
The primary difference is that there is no capital at risk when trading in a demo (practice account). A Meta Trade 4 demo account features real-time quotes and charts, along with all the basic trading tools and much of the information you’ll have access to as a trader, including different order types, a real-time newsfeed and up to the minute market commentary. Results achieved on the Meta Trader 4 demo account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the demo account. Conditions in the demo account cannot always reasonably reflect all of the market conditions that may affect pricing and execution in a live trading environment. We will assist with the opening a live trading account with a broker of your choice or one of our associated brokers.
What platform do you use at Blue Forex Institute?
What’s the difference between a practice and live trading account? There are many platforms that one can use to trade forex but one that we have found to be the best is Meta Trader 4. This platform is free and easy to use.