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Who is a Forex Broker?

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A Forex broker can be described as an intermediary between the “interbank” and you. The term interbank refers to a network of banks trading...

Why Trade On a Demo Account?

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A demo account is fundamental in the functioning of any trader. It is a useful learning tool for anyone who may wish to invest...

What is Forex and Forex Trading?

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Forex (Foreign Exchange Market, FX, Currency Market) is an international exchange market where traders buy and sell currencies. The history of the Forex market...

What is a Currency Pair?

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A currency pair refers to how currencies are quoted and priced in the Forex (foreign exchange) market. To put it in layman’s terms, the...

Long Position and Short Position

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The principal aim of Forex market is to make profits from the position via the buying and selling of different currencies. A Forex transaction...

What is Leverage in Forex?

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Leverage in finance refers to borrowed funds. These funds are generally used to acquire assets like furniture, plant and machinery, real estate, and other...

What is a Lot in Forex?

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Rewind a couple of decades ago - there was predominantly just one lot size that most brokers used in trading. It was a standard...

What is a PIP in Forex?

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The Forex market is rife with a fair amount of complex jargon and abbreviations. However, it is relatively easier to understand it, than it...

What is a Trading Platform?

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A trading platform can be defined as a software, which functions as an info­rmation conduit between a broker and a trader. It offers information...
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