What is Forex (Foreign Exchange)?
The vast currency market is a foreign concept to the average individual. However, once it is broken down into simple terms, the average individual can begin to understand the foreign exchange market and use it as a financial instrument f...
What is a FX Speculator? -Forex A to Z-
In modern conditions practically all financial transactions in the market are speculative by their nature, and there's nothing abnormal or criminal in it. One of the most vivid indices of markets' globalization is their daily volume of e...
Who is trading Forex? Banks and Traders? -Forex A to Z-
The main participants of a foreign exchange market are: Commercial banks Exchange markets Central banks Firms that conduct foreign trade transactions Investment funds Broker companies Private persons Commercial banks cond...
What is Forex? How does it work? -Forex A to Z-
What is FOREX? FOREX (FOReign EXchange Market) is an international foreign exchange market, where money is sold and bought freely. In its present condition, FOREX was launched in the 1970s, when free exchange rates were introduced. Only ...
Introduction to Forex ⑤ -Leverage-
Leverage One of the main advantages to trading in the foreign exchange market is leverage. After reading the previous chapter you may be thinking, I need to have 100,000 Euro in order to make $10 a pip?!? That doesn't seem to be worth t...
Introduction to Forex ③ -Trading Examples-
What are the Bid and the Ask prices? When currency pairs are quoted for trade they will be followed by two numbers under the heading of Bid (also known as Sell) and Ask (also known as Offer or Buy). The following is an example of a typi...
Introduction to Forex ① -Basics-
What is The Forex Market (FX, Foreign Exchange) The Forex Market (FX, Foreign Exchange, 4X) FX, Forex, Foreign Exchange and 4X are all abbreviations of the same thing – the Foreign Exchange Market. Not so long ago, the Forex market was ...
