What is Day Trading and Who Should be Doing it

Day trading involves the buying and selling of financial instruments within the same trading day. When you trade forex based on a day trading strategy, this means that you are likely to close your position at the end of the trading day. As such, day traders cannot be considered as investors, but as speculators. To […]


Trading Psychology: Setting your Goals – Aim Small, Miss Small

Many of the world’s most accomplished traders are renowned for placing small, articulate and controlled trades on an irregular basis. These traders are highly organised, incredibly patient and very disciplined, only executing a trade when the perfect market condition presents itself. They are typically trading twice or three times per week, only taking the highest […]

Trading CFDs: What you Need to Know

CFDs stand for Contract for Differences and are today considered one of the world’s fastest growing financial instruments. Most international forex brokers offer CFDs as part of their financial instruments repertoire, and once your trading account has been set up and funded, it is incredibly easy to get started and trade.

5 things you need

The Correlation Between Music and Trading

Remaining focused for long periods of time can be a challenge. In our modern society there are so many distractions to contend with and our brains have become largely accustomed to constant distractions such as phones ringing, incoming emails and other notifications or noises.

learning from your losses

Scalping 101: An Introduction

There are plenty of ways to trade forex and plenty of trading styles, including scalping, day trading, swing trading and position trading. While swing trading is regarded as a careful, long-term investment strategy that involves placing one or two positions every few weeks or months, scalping sits at the other end of the spectrum, where […]

Reading Forex Charts 101

The forex market is one of the most sophisticated financial markets in the world. Used by millions of people from across the globe, it helps to promote different world currencies, as in addition to the major currencies, it now features minor and exotic currencies available for trading. This enables traders from all walks of life […]

Risk Warning: Trading CFDs, which are leveraged products, carries a high level of risk and can result in the loss of all of your investment. It's a good practice to never invest more than you are willing to part with. Before deciding to trade, please ensure you understand all the risks associated with the OTC CFDs trading and take into account your level of experience. Therefore, Trading Forex and CFDs is a difficult to understand product and may not be suitable for all investors. Please seek independent advice if necessary. Past performance of CFDs is not a reliable indicator of future results. Please read the full Risk Disclosure .

MaxFX is a tradename of TopFX Ltd, which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence number 138/11 in accordance with the Markets in Financial Instruments Directive (MiFID II).