What is Forex and Forex Trading?
Forex (Foreign Exchange Market, FX, Currency Market) is an international exchange market where traders buy and sell currencies. The history of the Forex market can be traced to the 70s when floating currencies and...
How to Choose a Forex Broker?
The Forex market right now is the world's largest trading hub. It is so simply because of the number of options, transactions and sheer volume of currencies traded. It also works around the clock...
What is a PIP in Forex?
The Forex market is rife with a fair amount of complex jargon and abbreviations. However, it is relatively easier to understand it, than it seems. It is also imperative to do so, as understanding...
Forex Risk Management Strategies
Forex trading is a risky business. Traders employ risk management strategies to cut potential losses and soften the blow of bad trades. If you're a beginner investor, it is critical that you do your...
Forex Support and Resistance
Support and resistance is one of the most commonly used concepts in the Forex trading. However, most traders have their own way of measuring support and resistance. Many a times, it can lead to...
Trading styles on Forex in relation to technical analysis
Opponents of technical analysis always come out with the argument that chart is self-fulfilling prophecy, since all profiteers can see identical formations on it. That’s not true. Diversity of trading styles on the currency...
What is a Trading Platform?
A trading platform can be defined as a software, which functions as an information conduit between a broker and a trader. It offers information like charts and quotes. A trading platform also includes an...
What is Leverage in Forex?
Leverage in finance refers to borrowed funds. These funds are generally used to acquire assets like furniture, plant and machinery, real estate, and other physical assets. They are also helpful in trading financial assets...
What is a Lot in Forex?
Rewind a couple of decades ago - there was predominantly just one lot size that most brokers used in trading. It was a standard lot that comprised of 100,000 currency units. With time, however,...
Who is a Forex Broker?
A Forex broker can be described as an intermediary between the “interbank” and you. The term interbank refers to a network of banks trading between each other. A typical Forex broker will provide you...
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A D V E R T I S E M E N T