Rollover. For positions open at your broker’s “cut-off time” (usually 5:00 pm ET), there is a daily “rollover fee“, also known as a “swap fee” that […]
Margin Trading Margin trading allows you to trade on credit using the broker’s money. When you trade with leverage, you wouldn’t need to pay the 10,000 […]
More on Currency Pairs. GBP/USD Let’s delve into more on currency pairs. In this example, the pound is the base currency and thus the “basis” for […]
Knowing When to Buy or Sell a Currency Pair. Knowing when to buy or sell a currency pair is the key to succeeding as a trader. […]
The Forex Bid, Ask and Spread What is the bid, the ask and the spread in forex? All forex quotes are quoted with two prices: the bid and ask. In […]
How to Read a Forex Quote. Let’s examine how to read a forex quote. Currencies are always quoted in pairs, such as GBPUSD or USDJPY. The […]
How to Make Money Trading Forex. How do you make money trading forex? What is forex trading? How does forex trading work? In the forex market, you buy […]
Times are gone when only people who could actively trade in the stock market were those who worked for huge financial institutions, brokerages, and trading houses. […]
There has lately been a lot of debate concerning day trading. Some promote it as a method to make a lot of money quickly, while others […]
Trading currency may be perilous and complicated. Online trading academy forex is used by businesses and dealers for two major reasons: speculation and hedging. Traders utilize […]
Forex Spread Bet a forex spread bet is a derivative product. With spread betting, you don’t take ownership of the underlying asset. Instead, you speculate on […]
Retail Forex There is a secondary OTC market that provides a way for retail (“poorer”) traders to take part in the forex market. Access is granted […]
Different Ways To Trade Forex. Currency ETFs A currency ETF offers exposure to a single currency or basket of currencies. Currency ETFs allow ordinary individuals to gain […]
Different Ways To Trade Forex. There are a number of different ways to trade, invest or speculate in currencies and trade forex. Among the financial instruments, […]
Speculation in the Forex Market. There is a lot of speculation in the forex market. One thing to note about the forex market is that commercial […]
Where Does Forex Trade? The majority of forex trading occurs on what’s called the “interbank market“. Unlike other financial markets like the New York Stock Exchange […]
Major Cross-Currency Pairs. What are major cross-currency pairs? Currency pairs that include any two of the major currencies are except the U.S. dollar are known as cross-currency pairs or […]
Buying And Selling Currency Pairs. Forex trading is the buying and selling of currency pairs, whereby there is the simultaneous buying of one currency and the […]
What Are the Major Pairs In Forex? What are the major pairs and what is traded in forex? The simple answer is MONEY. Specifically, currencies. Because you’re […]
What is forex? The foreign exchange market, which is usually known as “forex” or “FX,” is the largest financial market in the world. The FX market is […]
Risks of Forex Trading. Because forex trading requires leverage and traders use margin, there are additional risks to forex trading than other types of assets. Currency […]