Forex Market Basics

It is difficult for a new forex trader to become successful in the forex market without an understanding of the basics. If a trader lacks a basic understanding of the forex market and how it works, then it is provided as part of the free forex training program. This information can include an explanation of:

• How the forex market works and the participants in the forex market
• Advantages of forex trading such as:
  • Continuous trading from 5 PM EST on Sunday to 5 PM EST on Friday.
  • High leverage (please note that increasing leverage increases risk).
  • Low minimum investment.
  • High liquidity for major currency pairs.
• Reading forex quotes
  • The similarities and differences in currency quoting conventions versus other financial markets.
• Terminology and other basic concepts used in the forex market

As mentioned before, if a trader already understands how the forex market works, then this section can be skipped in its entirety during the forex training session. It is just included here for those traders that do need it.

This knowledge can also be obtained from our free education section via self study. If the trader wants to read about this on his own and study the information.

Click on the link below or the link on the upper right hand corner of the page to return to the forex training section.

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