What is forex trading? The word Forex is usually abbreviated to FX. It is combination of the words foreign and exchange. Of course, the word foreign refers to foreign currency so it follows that Forex trading simply means trading in foreign currencies. In this article, the writer will discuss forex trading, how it works and…

The foreign exchange (forex) market is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion. One of the most popular currency pairs traded in the forex market is EUR/USD, representing the Euro and the US Dollar. Traders around the globe seek opportunities to profit from fluctuations…

Day trading is now becoming a popular way to make some extra cash during these tough economic times. Because of today’s technology, you can now make some stock trades using only your computer at home. It is a great way to get additional income if you work at home. Day trading is a bit like…

The decentralized currency trading market with a global base for buying, selling and undergoing other forms of monetary exchange through volume trading is termed as Foreign Exchange or Forex Market. The Financial Institutions, Global Banks form the pivot of trading in Forex through a common platform by roping in buyers and sellers from across the…

Forex or the Foreign Exchange market is the online marketplace where foreign currencies are traded. Foreign exchange is inevitable, as it is the backbone of foreign businesses and trade. This is precisely the reason why the Forex market is the most liquid marketplace in the world. Unique Features • As it is the largest financial…

Investors in the market today can trade with any currency they like. They can use all the currencies in the world. Investors, who can be anybody or entity ranging from individuals to corporations, are good enough to use forex trading platform to trade if they have financial elements that contribute towards a strong capital for…

The world of forex trading is often likened to a complex puzzle where traders strive to decode the ever-evolving financial markets. Among the numerous tools and techniques at their disposal, Fibonacci retracement and extension levels stand as one of the most fascinating and widely used methods. In this article, we’ll explore the concept of Fibonacci…

There is serious money in the Forex trading business but this business full of risk because as you trade currency pairs, any miscalculation on your part may lead to huge losses. Again, the international currency market may turn against you without warning. When this happens, you are likely to lose money. However, there is a…

MetaTrader 4, often abbreviated as MT4, is a household name in the world of online trading. This robust and versatile trading platform has been a game-changer for traders of all levels of expertise. The best part? MetaTrader 4 is available for free download, making it accessible to anyone with an interest in financial markets. What…

The two most popular types of trading platforms on the market are the MT4 and MT5 trading systems. Both platforms have a web and mobile version to suit the unique needs of different types of users. Traders are always advised to familiarize themselves with the features of these trading platforms before they start trading Forex,…