The Complete Guide to FOREX Trading



Foreign Exchange (FOREX in short) is the trading of one currency for another, the marketplace for which is the largest in the world at over $6 trillion daily.

Central Banks. Commercial Banks. Financial Institutions. Governments. Individual Investors and/or Currency Speculators.

FOREX trading is the real-time buying of one currency and selling another. Currencies are traded through a broker or a dealer and are traded in pairs.

Like most financial markets, the FOREX market is primarily driven by the forces of supply and demand, as well as by other factors, such as economic and political news and events.

Leverage is a credit facility provided by FOREX brokers to traders, enabling them to borrow a certain amount of the money needed to invest in a currency trade. This, in turn, increases the purchasing power of the trader, but also the risks.

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