What Is the Forex Market?
We like to think of it as the Big Kahuna of financial markets. The foreign exchange market — most often called the Forex market. Simply… Read More »What Is the Forex Market?
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Getting Started in Forex
The forex (FX) market has many similarities to the equity markets. However, there are also some key differences. Articles in these collection will show you those differences and help you get started in forex trading.
If you’ve decided to take a stab at forex trading, the good news is that access to the currency markets has never been easier. A wide range of online brokerage platforms offer everything from spot trading to futures and CFDs.
KEY TAKEAWAYS
To settle on a forex broker, do your due diligence and make sure you choose one who can meet your trading needs now and over time.
Look for low spreads and fees from a provider in a well-regulated jurisdiction.
Compare the types of trading platforms, trading and analysis tools, access to leverage, and more.
Before trading, study basic forex strategies and learn how to analyze currency markets properly.
Consider starting with a demo account to try out and backtest your strategy before risking real money in the market.
Currency Trading 101
The forex market has exploded onto the scene and is the hot new financial market. It’s been around for years. But advances in electronic currency… Read More »Currency Trading 101