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...
Why Trade On a Demo Account?
A demo account is fundamental in the functioning of any trader. It is a useful learning tool for anyone who may wish to invest his/her career, time, energy and money into the financial market....
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...
What is a Currency Pair?
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 value of a particular currency is determined by comparing it...
Long Position and Short Position
The principal aim of Forex market is to make profits from the position via the buying and selling of different currencies. A Forex transaction is said to be complete when one currency is bought...
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,...
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...
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...
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A D V E R T I S E M E N T