Forex

What is forex trading and how does it work?

The foreign exchange market (forex,FX) is a decentralized market for the buying, selling and exchanging of different countries currencies. Forex is the trading of one currency for another.The currency of one country is swapped (eg.U.S. dollar) for the currency of a different country (eg.euro). Forex traders buy and sell foreign currencies to try to make a profit. It is one of the most actively traded markets in the world, with an average daily trading volume of $5 trillion. Forex traders make decision on buying and selling based on news, current events and also technical analysis. Forex traders can be at home individuals or lage corporations such as banks.

Why do people trade forex?

The forex market is usually most peoplpe first experience of trading. If you have been on an overseas holiday. You will have made a currency exchange changing your home curreny to that of your destination. Learning to trade forex is most people first step into the global markets which include stocks, bitcoin and commodities such as gold.

Are you looking to trade Forex? 

The forex market is constantly changing and reacts to daily news and economic announcements. You Can Learn New Trading Strategies To Help You Navigate The Global Markets in our forex trading guide. Even absolute beginners learn how to trade.