Learn Forex
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FOREX LEARNING

WHY TRADE FOREX?

The Forex Market is the largest financial market in the world. It is open 24 hours a day and traded by the largest banks in the world. It is thereby a very liquid market so funds are cleared quickly.

USING LEVERAGE

No other Financial Market gives you leverage as does the forex market. A 100:1 leverage means that for every $1,000 you deposit, you can trade with $100,000. This gives you the ability to gain substantially by good trades. Due to its large profit ratio, one can also take the same loss and loose their money. Therefore, it is wise not to over leverage. (Using leverage of any amount is high risk & you can loose all your funds)

TRADING THE MAJORS

U.S. Dollar Trading (USD), The Euro (EUR), The Japanese Yen (JPY), The Australian Dollar, The Sterling (GBP) (AUD)Pips

Pips and Points

Digits added to or subtracted from the fourth decimal place, i.e. 0.0001. We call the difference in prices by the term Pips and Points.

Spread

The difference between the bid and offer prices.

Bid/Ask Spread

The difference between the bid and offer price, and the most widely used term of the market ...

Ask Rate

The rate at which a financial currency is offered for sale.

Candlestick Chart

Originating in Japan over 3 Centuries ago, candlestick charts have become very quite popular in recent times. It is many times used as a main indicator by traders.

Exchange Rate

The price of one currency stated in terms of another currency.

Fill price

The price at which a buy or sell order was executed