How to Become Successful in Trading Forex?

You've read through all (or most of) the articles, have gone through all the warnings and precautions about unrealistic expectations, reckless and risky practices, and compulsive trading, and what not, and you are still interested in forex? You're not intimidated by sensible, realistic, and honest discourse about what can and cannot be achieved by a currency trader. Nor are you a dweller of cloud-cuckoo-land: you don't seem to expect great returns for no effort.
Congratulations, that shows that you've got the right attitude, and are well-placed to step into the higher grades of your education. To scale a mountain is effortful, but the most spectacular view can only be enjoyed at the top. And so if you were willing to put up with all the bothersome talk on what is dangerous about forex, now you deserve to hear what is good, and just not good, but magnificent and awesome about participating in this wonderful market.

Forex is very lucrative for the diligent trader

Forex is serious business, and is no place for fools. True, those who just want to gamble away with their money would serve themselves better at casinos than forex brokers. And no, currency trading is not a game, a pastime, or a sport for those with a lot of leisure time to spare. But forex is by far the most lucrative and profitable financial business for the patient, reasonable, and diligent individual who is willing to invest the time and energy necessary for success. And yes, it is possible to achieve spectacular returns in this market, if you're ready to pay for it: you're going to devote a significant amount of time to learn the rules and better your skills; you'll have to tame your pride when you achieve unbelievable returns on your investments, and suppress your fears when relatively harmless but inevitable losses threaten your determination for success. But in the end, the markets are driven by facts, and if you follow them for profit, the logical consequence of your actions will be profits, nothing more, and nothing less.

Are you the perfect trader personality?

Are you ready for a career in which you make the choices, you take the risks, and you bear the risks and rewards for your decisions? Is your passion for success strong and persistent enough to survive the foolishness of the herd, and the stridency of the mass media? Is your drive for achievement powerful enough to lead you through the clouds of uncertainty by persevering on what you know to be right, what you know to have been proven right through the ages?
Can you study and think for your own future? Do you value an independent mind, and critical thinking as qualities necessary for success in any serious endeavor? Are you aware of the role of persistence and patience in achieving your goals?

The right character can achieve great success

If your answer to the above is a yes, then you have the right frame of mind for a perfect trader. Realism is the trader's philosophy: he's as incredulous of those who believe Warren Buffet or Jim Rogers to be superhuman, infallible prophets as he's of those who sell the super-duper insuperable methodology of the century, or the top-secret indicator of the millennium for hundreds of dollars. Great success in trading, and certainly in currency trading is definitely possible; large profits, and dividends are surely achievable if we're willing to adjust our own characters, and improve our mentality to suit the task at hand.

The wrong personality for trading forex

One who thinks that he's a great genius who's always right about the markets would serve himself better by selling crystal balls: his arrogance is unlikely to last more than a few hours in the forex market. The seeker of the thrill of trading and the excitement of risky behavior would surely be happier bungee jumping than trading currencies; in any case, the chances of him making any profit in either activity is equally slim.

Trading forex is not very time consuming for the right type of trader

But if you don't mind appearing boring and conservative among your trading peers, if you don't enter this business for an ego-boost, or fame or social approval, but all you want is building a long-term fortune through hard work and study, then don't waste any time in making the decision. Forex is as valid as a business as any other activity; its only difference lies in the profit potential, and the great number of opportunities: it's almost impossible to miss the train of profit in this business. And no, don't think that you have to give up your full-time job, or to listen to Bloomberg all the time, subscribe to forex webcasts, and read 1000 boring volumes on technical analysis to achieve success. Quite the opposite, as we've been insisting throughout our study in these pages, the facts that drive economic events are in fact very simple and straightforward. But it takes understanding, logical thinking and strength of character to do what is right, and to profit from them, and that's all.

The pleasure of a successful trader

What can you expect from a career as an independent trader? Apart from profits and material gains, you'll be able to achieve financial and personal independence. The satisfaction in being self-employed and successful will only add to the pleasure you'll derive from being able to devote sufficient time to your friends and family. You will be taking part in creating the "big picture" along with thousands of big banks and brokerage houses, private and institutional investors and speculators, central banks and governments, and large international export and import firms and many others. And if you don't seek it on purpose, success will inevitably bring you recognition and respect among your peers too.

Knowledge gained from forex trading is useful in life

But the most important point is that the knowledge that you'll gain by trading forex, and having a good understanding of fundamental analysis and economical events, will grant you the literacy that will be useful to you throughout your life. Even if you are perfectly content with a non-trading career, and are happy with your full-time job with little understanding of where the economy is going, you'll eventually find out that to protect your nest egg, you do need to know more about economics and trading, and that by ignoring the risks related to currencies, you're not isolating yourself from them. Yes, many currency traders do stupid things, and speculators do often waste fortunes through overleveraging, and gambling, but that does not make the hard-working idiot who doesn't know how to protect his hard earned cash any smarter, does it?
Think of the hyper-inflation era in Germany. Or the collapse of the ruble in Russia in 1998. Or the Argentine default that wiped out the savings of millions of hard working people. Or of the recent collapse of the British pound which halved or erased fortunes in the course of about a year. Or of the dollar devaluation and high inflation in the US during the 70's. Think of how the Japanese exporters were bankrupted because they couldn't properly anticipate the rise of the yen in 2008. Or the currency crisis of the advanced Scandinavian nations in the 1990's. The list could really go on and on and on.
In all these nations, well-meaning, reasonable people had cocooned themselves into believing that ignorance about currency trading is wisdom, and diversifying your basic assets is speculation. But one morning they woke up to find their dreams crashed by economic realities. Their savings were halved or reduced by a third overnight, but who did they have other than themselves to blame if they hadn't taken the time to learn about risks that arise from ignorance about currencies and economics?
As with most things, the truth about forex is somewhere between the extremes: Forex is not a get-rich-quick scheme. But forex is not, as a lot of people seem to believe, a chance game, or just another name for online gambling either. Forex is a business, in some ways akin to investment, where your returns are proportional to the exertions that you make. If many of us find the workings of the currency markets unfathomable, let us remember that it is very hard to understand something without learning about it. The likes of George Soros, Jim Rogers, David Tice are not successful in this business due to exceptional superhuman skills. But they do know how to say no to herd psychology, how to refuse to be drawn into the vortex of bubbles and mania, and they know the value of a good medium-term investment based on facts, fundamentals, realities, rather than the teachings of gurus, political spin, well-wishing or doomsaying.

Summary

So let us summarize the points we've made in this text which we hope will be helpful in clarifying some of the worries and fears in the mind of the beginning trader. There's nothing exceptionally dangerous or difficult about the forex market in comparison to any other market; currencies usually don't go to zero, and the unleveraged account is in fact in no danger at all of being wiped out under normal circumstances. Stupidity, and reckless behavior or wrong in any business, any market, and any career, the forex market is no exception to this. Ignoring currency trading, dismissing forex as speculative gambling is as reckless as ignoring inflation and interest rates when making basic financial choices: Currencies are the building blocks of all kinds of economic activity, and there's little difference between taking a mortgage, or getting a credit card and hedging and managing your currency exposure through currency trading, as long as you do not overleverage, and don't do what you don't understand.
Great profits are possible in the forex market, great returns are achievable if you work hard and place logic and reason above emotion and sensation. If you think that you're capable of this, don't hesitate to begin your career today. If you already trade other markets, your experience in forex will widen your horizon, and enhance your skills and vision. If you're new to trading, this is the field where you'll get priceless education and invaluable experience by learning what moves the markets, and what drives economic developments. And on top of that, there lies the greatest reward of them all, the goal of all trading activity: material gain beyond anything you'd expect to be possible, if you're sane and sensible and will not gamble your assets away.

Forex Technical Analysis

The beginnings of technical analysis is usually dated to the Dow theory, and to the early part of the 20^th century. Over the years, many contributors have created indicators, oscillators and moving averages of all sorts to increase the arsenal which the trader can utilize to understand the forex market. But the basic principles of technical analysis have remained the same:

• Prices discount all available information
• Prices trend (in other words, price movements are not random)
• Historical data is useful for predicting future developments

As noted previously, technical analysis is useful for analyzing price patterns that emerge as a result of global economic activity. Thus, it’s different from fundamental analysis: Its effectiveness is greatest when market participants are the most emotive; the total turnaround in the market is constant with little new money entering or exiting; and economic fundamentals are of short-term value only.
This may perhaps appear counterintuitive to what many have come to believe over the years. But in fact, those who are most successful in using technical analysis are those who follow the long-term trend, and the long-term trend is merely another name for what is called the “big picture”, as painted by fundamental analysis.
Technical studies are useful for determining entry and exit points, because the information provided by fundamental analysis is too vague when it comes to price and quotes. While not precise, technical analysis does provide the trader with a number of tools for determining points of action, and the trader can use any method that he feels comfortable with, provided he knows what he's doing.
On a final note, although the new forex trader may perhaps be overwhelmed by the vast number of indicators and such that are available for his use, the good news is that only one from a each type of indicator will usually provide all the data necessary for trading. Later, we will examine indicators in detail. For further reading:

How to Trade Forex

Trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of investment income. To put it into perspective, the securities market trades about $22.4 billion per day; the forex market trades about $5 trillion per day. You can make a lot of money without putting too much into your original investment, and predicting the direction of the market can be quite exciting. You can trade forex online in multiple ways.

Part 1 of 3: Learning Forex Trading Basics

1. 
   1
   Understand basic forex terminology.

   • The type of currency you are spending, or getting rid of, is the base currency. The currency that you are purchasing is called quote currency. In forex trading, you sell one currency to purchase another.
   • The exchange rate tells you how much you have to spend in quote currency to purchase base currency.
   • A long position means that you want to buy the base currency and sell the quote currency. In our example above, you would want to sell U.S. dollars to purchase British pounds.
   • A short position means that you want to buy quote currency and sell base currency. In other words, you would sell British pounds and purchase U.S. dollars.
   • The bid price is the price at which your broker is willing to buy base currency in exchange for quote currency. The bid is the best price at which you are willing to sell your quote currency on the market.
   • The ask price, or the offer price, is the price at which your broker will sell base currency in exchange for quote currency. The ask price is the best available price at which you are willing to buy from the market.
   • A spread is the difference between the bid price and the ask price.
   
   
2. 
   2
   Read a forex quote. You'll see two numbers on a forex quote: the bid price on the left and the ask price on the right.
3. 
   3
   Decide what currency you want to buy and sell.

   • Make predictions about the economy. If you believe that the U.S. economy will continue to weaken, which is bad for the U.S. dollar, then you probably want to sell dollars in exchange for a currency from a country where the economy is strong.
   • Look at a country's trading position. If a country has many goods that are in demand, then the country will likely export many goods to make money. This trading advantage will boost the country's economy, thus boosting the value of its currency.
   • Consider politics. If a country is having an election, then the country's currency will appreciate if the winner of the election has a fiscally responsible agenda. Also, if the government of a country loosens regulations for economic growth, the currency is likely to increase in value.
   • Read economic reports. Reports on a country's GDP, for instance, or reports about other economic factors like employment and inflation, will have an effect on the value of the country's currency. 
4. 
   4
   Learn how to calculate profits.

   • A pip measures the change in value between two currencies. Usually, one pip equals 0.0001 of a change in value. For example, if your EUR/USD trade moves from 1.546 to 1.547, your currency value has increased by ten pips.
   • Multiply the number of pips that your account has changed by the exchange rate. This calculation will tell you how much your account has increased or decreased in value.
   •  

   • Part 2 of 3: Opening an Online Forex Brokerage Account

1. 
   1
   Research different brokerages. Take these factors into consideration when choosing your brokerage:

   • Look for someone who has been in the industry for ten years or more. Experience indicates that the company knows what it's doing and knows how to take care of clients.
   • Check to see that the brokerage is regulated by a major oversight body. If your broker voluntarily submits to government oversight, then you can feel reassured about your broker's honesty and transparency. Some oversight bodies include:
     • United States: National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC)
     • United Kingdom: Financial Conduct Authority (FCA)
     • Australia: Australian Securities and Investment Commission (ASIC)
     • Switzerland: Swiss Federal Banking Commission (SFBC)
     • Germany: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN)
     • France: Autorité des Marchés Financiers (AMF)
   • See how many products the broker offers. If the broker also trades securities and commodities, for instance, then you know that the broker has a bigger client base and a wider business reach.
   • Read reviews but be careful. Sometimes unscrupulous brokers will go into review sites and write reviews to boost their own reputations. Reviews can give you a flavor for a broker, but you should always take them with a grain of salt.
   • Visit the broker's website. It should look professional, and links should be active. If the website says something like "Coming Soon!" or otherwise looks unprofessional, then steer clear of that broker.
   • Check on transaction costs for each trade. You should also check to see how much your bank will charge to wire money into your forex account.
   • Focus on the essentials. You need good customer support, easy transactions and transparency. You should also gravitate toward brokers who have a good reputation.
2. 
   2
   Request information about opening an account. You can open a personal account or you can choose a managed account. With a personal account, you can execute your own trades. With a managed account, your broker will execute trades for you.
3. 
   3
   Fill out the appropriate paperwork. You can ask for the paperwork by mail or download it, usually in the form of a PDF file. Make sure to check the costs of transferring cash from your bank account into your brokerage account. The fees will cut into your profits.
4. 
   4
   Activate your account. Usually the broker will send you an email containing a link to activate your account. Click the link and follow the instructions to get started with trading. 
   Ad

Part 3 of 3: Starting Trading

1. 
   1
   Analyze the market. You can try several different methods:

   • Technical analysis: Technical analysis involves reviewing charts or historical data to predict how the currency will move based on past events. You can usually obtain charts from your broker or use a popular platform like Metatrader 4.
   • Fundamental analysis: This type of analysis involves looking at a country's economic fundamentals and using this information to influence your trading decisions.
   • Sentiment analysis: This kind of analysis is largely subjective. Essentially you try to analyze the mood of the market to figure out if it's "bearish" or "bullish." While you can't always put your finger on market sentiment, you can often make a good guess that can influence your trades. 
2. 
   2
   Determine your margin. Depending on your broker's policies, you can invest a little bit of money but still make big trades.

   • For example, if you want to trade 100,000 units at a margin of one percent, your broker will require you to put $1,000 cash in an account as security.
   • Your gains and losses will either add to the account or deduct from its value. For this reason, a good general rule is to invest only two percent of your cash in a particular currency pair.
3. 
   3
   Place your order. You can place different kinds of orders:

   • Market orders: With a market order, you instruct your broker to execute your buy/sell at the current market rate.
   • Limit orders: These orders instruct your broker to execute a trade at a specific price. For instance, you can buy currency when it reaches a certain price or sell currency if it lowers to a particular price.
   • Stop orders: A stop order is a choice to buy currency above the current market price (in anticipation that its value will increase) or to sell currency below the current market price to cut your losses. ^[7]
4. 
   4
   Watch your profit and loss. Above all, don't get emotional. The forex market is volatile, and you will see a lot of ups and downs. What matters is to continue doing your research and sticking with your strategy. Eventually you will see profits.

Forex Trading: A Beginner's Guide

Forex is short for foreign exchange, but the actual asset class we are referring to is currencies. Foreign exchange is the act of changing one country's currency into another country's currency for a variety of reasons, usually for tourism or commerce. Due to the fact that business is global there is a need to transact with most other countries in their own particular currency. After the accord at Bretton Woods in 1971, when currencies were allowed to float freely against one another, the values of individual currencies have varied, which has given rise to the need for foreign exchange services. This service has been taken up by the commercial and investment banks on behalf of their clients, but has simultaneously provided a speculative environment for trading one currency against another using the internet. (If you want to start trading forex,
Forex as a HedgeCommercial enterprises doing business in foreign countries are at risk, due to fluctuation in the currency value, when they have to buy goods or services from or sell goods or services to another country. Hence, the foreign exchange markets provide a way to hedge the risk by fixing a rate at which the transaction will be concluded at some time in the future. To accomplish this, a trader can buy or sell currencies in the forward or swap markets, at which time the bank will lock in a rate, so that the trader knows exactly what the exchange rate will be and thus mitigate his or her company's risk. To some extent, the futures market can also offer a means to hedge a currency risk depending on the size of the trade and the actual currency involved. The futures market is conducted in a centralized exchange and is less liquid than the forward markets, which are decentralized and exist within the interbank system throughout the world. (For a new way to hedge your currency, read Hedge Against Exchange Rate Risk With Currency ETFs)
Forex as a SpeculationSince there is constant fluctuation between the currency values of the various countries due to varying supply and demand factors, such as: interest rates, trade flows, tourism, economic strength, geo political risk and so on, an opportunity exists to bet against these changing values by buying or selling one currency against another in the hopes that the currency you buy will gain in strength, or the currency that you sell, will weaken against its counterpart.
Currency as an Asset ClassThere are two distinct features to this class:

• You can earn the interest rate differential between two currencies
• You can gain value in the exchange rate

Why We Can Trade Currencies
Until the advent of the internet, currency trading was really limited to interbank activity on behalf of their clients. Gradually, the banks themselves set up proprietary desks to trade for their own accounts, and this was followed by large multi national corporations, hedge funds and high net worth individuals.
With the proliferation of the internet, a retail market aimed at individual traders has sprung up that provides easy access to the foreign exchange markets, either through the banks themselves or brokers making a secondary market. (For more on the basics of forex, check out 8 Basic Forex Market Concepts.)
Forex Risk
Confusion exists about the risks involved in trading currencies. Much has been said about the interbank market being unregulated and therefore very risky due to a lack of oversight. This perception is not entirely true, though. A better approach to the discussion of risk would be to understand the differences between a decentralized market versus a centralized market and then determine where regulation would be appropriate.
The interbank market is made up of many banks trading with each other around the world. The banks themselves have to determine and accept sovereign risk and credit risk and for this they have much internal auditing processes to keep them as safe as possible. The regulations are industry-imposed for the sake and protection of each participating bank.
Since the market is made by each of the participating banks providing offers and bids for a particular currency, the market pricing mechanism is arrived at through supply and demand. Due to the huge flows within the system it is almost impossible for any one rogue trader to influence the price of a currency and indeed in today's high volume market, with between two and three trillion dollars being traded per day, even the central banks cannot move the market for any length of time without full coordination and cooperation of other central banks. (For more on the interbank, read The Foreign Exchange Interbank Market)

Attempts are being made to create an ECN (Electronic Communication Network) to bring buyers and sellers into a centralized exchange so that pricing can be more transparent. This is a positive move for retail traders who will gain a benefit by seeing more competitive pricing and centralized liquidity. Banks of course do not have this issue and can, therefore, remain decentralized. Traders with direct access to the forex banks are also less exposed than those retail traders who deal with relatively small and unregulated forex brokers, who can and sometimes do re-quote prices and even trade against their own customers. It seems that the discussion of regulation has arisen because of the need to protect the unsophisticated retail trader who has been led to believe that trading forex is a surefire profit-making scheme.
For the serious and somewhat educated retail trader, there is now the opportunity to open accounts at many of the major banks or the larger more liquid brokers. As with any financial investment, it pays to remember the caveat emptor rule - "buyer beware!" (For more on the ECN and other exchanges, check out Getting To Know The Stock Exchanges.)
Pros and Cons of Trading Forex
If you intend to trade currencies, and regard the previous comments regarding broker risk, the pros and cons of trading forex are laid out as follows:
1. The forex markets are the largest in terms of volume traded in the world and therefore offer the most liquidity, thus making it easy to enter and exit a position in any of the major currencies within a fraction of a second.
2. As a result of the liquidity and ease with which a trader can enter or exit a trade, banks and or brokers offer large leverage, which means that a trader can control quite large positions with relatively little money of their own. Leverage in the range of 100:1 is not uncommon. Of course, a trader must understand the use of leverage and the risks that leverage can impose on an account. Leverage has to be used judiciously and cautiously if it is to provide any benefits. A lack of understanding or wisdom in this regard can easily wipe out a trader's account.
3. Another advantage of the forex markets is the fact that they trade 24 hours around the clock, starting each day in Australia and ending in New York. The major centers being Sydney, Hong Kong, Singapore, Tokyo, Frankfurt, Paris, London and New York.
4. Trading currencies is a "macroeconomic" endeavor. A currency trader needs to have a big picture understanding of the economies of the various countries and their inter connectedness in order to grasp the fundamentals that drive currency values. For some, it is easier to focus on economic activity to make trading decisions than to understand the nuances and often closed environments that exist in the stock and futures markets where micro economic activities need to be understood. Questions about a company's management skills, financial strengths, market opportunities and industry specific knowledge is not necessary in forex trading.
Two Ways to Approach the Forex MarketsFor most investors or traders with stock market experience, there has to be ashift in attitude to transition into or to add currencies as a further opportunity for diversification.
1. Currency trading has been promoted as an "active trader's" opportunity. This suits the brokers because it means they earn more spread when the trader is more active.
2. Currency trading is also promoted as leveraged trading and, therefore, it is easier for a trader to open an account with a small amount of money than is necessary for stock market trading.
Besides trading for a profit or yield, currency trading can be used to hedge a stock portfolio. If, for example, one builds a stock portfolio in a country where there is potential for the stock to increase value but there's downside risk in terms of the currency, for example in the U.S. in recent history, then a trader could own the stock portfolio and sell short the dollar against the Swiss franc or euro. In this way the portfolio value will increase and the negative effect of the declining dollar will be offset. This is true for those investors outside the U.S. who will eventually repatriate profits back to their own currencies. (For a better understand of risk, read Understanding Forex Risk Management.)
With this profile in mind, opening a forex account and day trading or swing trading is most common. Traders can attempt to make extra cash utilizing the methods and approaches elucidated in many of the articles found elsewhere on this site and at brokers or banks websites.
A second approach to trading currencies is to understand the fundamentals and the longer term benefits, when a currency is trending in a specific direction and is offering a positive interest differential that provides a return on the investment plus an appreciation in currency value. This type of trade is known as a "carry trade." For example, a trader can buy the Australian dollar against the Japanese yen. Since the Japanese interest rate is .05 % and the Australian interest rate last reported is 4.75%, a trader can earn 4% on his trade. (For more, read The Fundamentals Of Forex Fundamentals.)
However, such a positive interest needs to be seen in the context of the actual exchange rate of the AUD/JPY before an interest decision can be made. If the Australian dollar is strengthening against the yen then it is appropriate to buy the AUD/JPY and to hold it in order to gain in both the currency appreciation and the interest yield.
Bottom Line
For most traders, especially those with limited funds, day trading or swing trading for a few days at a time can be a good way to play the forex markets. For those with longer-term horizons and larger fund pools, a carry trade can be an appropriate alternative.

Best free video editing software: 2015's top applications for making movies

It's the first law of movie-making: no matter how expensive your camera, or how skilled you are at using it, your raw footage will always be rubbish. And so, if you're looking to add a little professional polish, then installing a video editor will be essential.
Commercial video editors can be very expensive, of course, but you may not have to go that far. Whether you want to trim your clips down to size, add a soundtrack or captions, apply transitions or special effects, there are some great free tools which can help - and these are the very best around.
Also, if you're wondering what sort of PC you'll need to buy (or build) in order to easily crunch through heavier duty video editing tasks (or indeed image editing), then we've got you covered.

• We break down all the dos and don'ts when it comes to concocting the perfect video editing rig in our article: How to buy a PC for editing video and photos.
• And if you're after a suggested budget build for your DIY rig, then look no further than: Build the best video editing PC possible for £500.
• More than 1200 of you replied to our video editing software survey. Check out the surprising results here and find out what techradar pro readers use to edit their videos. 

Windows Movie Maker remains one of the best free video editing applications out there and certainly the most popular one on the market.
The best part is that it comes free-of-charge as part of the Windows Essentials package shipped with every version of the OS. It's designed with simplicity in mind and all users have to do is drag a selection of video clips and/or photos over to the app and they will immediately be displayed in the order they were added.
After this it's very easy to add soundtracks, captions or credits, save it all as a video file and you can even upload it directly to YouTube, Facebook or other sites.
The program has seen little wholesale change in years and its ease of use almost guarantees it will be a part of Windows 10 when it is released later this year.

While there's nothing too surprising in Kate's Video Toolkit, it does provide some very, basic but useful editing features. So you can trim files or join them, link two videos with a transition, create a sequence of videos with a custom soundtrack, and there's a simple file format conversion tool as well.
There are plenty of limitations, too (you can't maximise the program window to use your full screen resolution, for instance), but Kate's Video Toolkit is extremely easy to use. If you don't want to read Help files and your editing needs are simple, it could be a great choice.

Cloud-based video editing services are growing in popularity and WeVideo is one of the go-to offerings that has a useful free-to-use version, even if it does have some fairly harsh limitations. Users gets 5GB of cloud storage plus the ability to publish five minutes of video per month to YouTube, Facebook and another six services.
When it comes to uploading video to WeVideo's editing suite, you can connect it to a variety of different social media sites in order to grab clips that could otherwise be hard to reach on desktop programs. Adding files is very easy and then applying special effects is just as simple thanks to a range of different options.
Whilst the five minutes of video per month is pretty stingy, WeVideo is still a useful editing program for one-off videos.