✔️ Information reviewed and updated in April 2024 by Eduardo López
In this informative section we will give you information about one of the most common and most used resources by investors, both by beginner investors and by expert investors. We will explain what an economic calendar is and why it is important to use one in our day to day.
What is an economic calendar?
It is a journal of all data announcements and news related to finance, financial events of interest. As the words economic calendar well mention it, an economic calendar. It is usually divided by countries or regions. These financial events can be events such as inflation, interest rates, unemployment rates, data from highly influential companies, all kinds of events that can affect the economy of a region or country.
Why should we use an economic calendar?
Why these events can potentially affect the markets where we are investing (Forex, CFDs, and other types of financial products, including cryptocurrencies). As investors (or also called traders) it is our duty to be aware, to be informed of financial events, ESPECIALLY if we have money already invested in a certain position, action, raw material, etc.
For example, we have money invested in the GBP / USD currency pair or say, in the financial index FTSE 100 (financial index of the London Stock Exchange) and they will announce today the UK unemployment rate, this can potentially affect The British Pound, it is our duty to be aware and have as much information as we believe necessary to be able to try to anticipate movements in the financial markets and make money, or at least not lose money.
Another important fact is the standards, a large financial event can dramatically change a pattern we are following to reverse. Keep it in mind.
Do you want to know if a broker is reliable? Just take a look at our section with more than 400 reviews of different forex brokers, CFDs, Cryptocurrencies, Binary Options and more. Can't find your broker? Leave us a comment with the name and website of the broker and we will make a review as soon as possible.
Do not you agree with our section? Do you have any doubts or questions about the economic calendar? Leave us a comment and we will get back to you as soon as possible.
Hello, my name Ramiro Rocabado. I am wanting to invest in this company. Is kripto future a reliable company? Thanks
Hi Ramiro, this broker called Kripto Future is a SCAM, many investors have denounced Kripto Future for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. It's a SCAM and does not return money to its customers.
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Greetings.
Hello, how are you, I am Milton, I want to start in this world of trading or trader I am going to register with the broker xm, please it is reliable and it is regulated. Thank you
Hi Milton, so far everyone who has worked with them has had no complaints, it is a good option.
Greetings and luck.
Good afternoon intertrades fx is calling me to invest and I had a bad experience with ispamarket. My question is . It is reliable intertradesfx. Or which one do you recommend?
Hi Hernando, this broker called Intertrades FX is a SCAM, many clients have reported Intertrades FX for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker (or with very low quality regulation) and that does not return the money to its customers.
Do not be fooled, they just want you to send money whatever it is and they will keep it, they are SCAMMERS. Do not answer them, do not sign anything or send them your documentation.
ALL positive comments from this broker are FALSEThey are made by their own workers to confuse investors.
We recommend all those affected to try recover the money through companies specialized in this type of management from chat what we have on the web or in the following link: Get your money back, we are on your side
Greetings.