Why Trade Forex?

Online forex trading has become very popular in the past decade because it offers traders several advantages.

Forex never sleeps: Trading goes on all around the world during different countries’ business hours. 

You can, therefore, trade major currencies any time, 24 hours per day. Since there are no set exchange 

hours, it means that there is also something happening at almost any time of the day or night

Go long or short: Unlike many other financial markets, where it can be difficult to sell short, there are 

no limitations on shorting currencies. If you think a currency will go up, buy it. If you think it will fall, sell it. This means there is no such thing as a “bear market” in forex–you can make (or lose) money any time.

Low Spread cost: Most forex accounts trade without a commission and there are no expensive exchange fees or data licenses. The cost of entering a trade is the spread between the buy price and the sell price, which is always displayed on your trading screen..

Unmatched liquidity: Because forex is a $6 trillion a day market, with most trading concentrated in 

only a few currencies, there are always a lot of people trading. This makes it easier to get in to and out 

of trades at any time, even in large sizes.

Available leverage: Because of the deep liquidity available in the forex market, you can trade forex with 

considerable leverage. This can allow you to take advantage of even the smallest moves in the market. 

Leverage is a double-edged sword, of course, as it can significantly increase your losses as well as your 

gains.

International exposure: As the world becomes more and more global, investors hunt for opportunities 

anywhere they can. If you want to take a broad opinion and invest in another country (or sell it short!), 

forex is an easy way to gain exposure while avoiding vagaries such as foreign securities laws and 

financial statements in other languages.

So, let’s start with what a basic 

forex trade looks like.

click Here to get started...

Things to know As A Beginner ..

Introduction to Forex trading; Definition, popular terms

Leverage

Best time to trade forex

How to Read Charts in Forex

What moves the Forex Market

Brokers and Types

Orders (definition and types)

Introduction to Market Analysis (Fundamental and Technical analysis)

Forex Charts (Line chart, Bar chart, Candlestick chart)

Trends

Support and Resistance

Supply and demand

Common Chart patterns

Indicators and oscillators

Types of traders

Risk management in Forex

Stop losses

Calculating Position sizes

And many more...

 How to Trade Forex for Beginners

Forex trading is a term used to describe individuals that are engaged in the active exchange of foreign currencies, often for the purpose of financial benefit or gain. That can take on the form of speculators, who are looking to buy or sell a currency with the goal of profiting from the currency’s price movement; or it can be a hedger that’s looking to protect their accounts in the event of an adverse move against their own currency positions.

The term ‘forex trader’ may describe an individual trader on a retail platform, a bank trader utilizing their institutional platform, or hedgers who may be either managing their own risk or outsourcing that function to a bank or money manager to manage the risk for them.