What is Forex?

Okay, let’s get into what forex is all about. So forex is like a large worldwide money market where you may exchange different currencies. Consider this: you’re betting on one currency being stronger than another, and if you’re correct, you […]

What is a Spread in Forex Trading?

Okay, let’s talk about spreads in Forex trading. When working with Forex traders, you will be offered with two prices: the bid price and the ask price. The “bid” is the price you want to sell the base currency, and […]

Impress Your Date with Forex Lingo

Let’s enter into the exciting world of Forex, where we’ll learn the ropes like experts. Consider it your first day of class, and you’re eager to impress your crush – but this time, it’s the Forex market! First and foremost, […]

Types of Forex Orders

Hello, future Forex experts! Today, we’ll look at orders in the Forex market. Imagine you’re in a cafe, not for coffee, but to trade pips! Now, a Forex order isn’t like an ordinary coffee order. It’s similar to submitting a […]

Trading Order Types Cheat Sheet

Welcome to our journey into the exciting world of forex trading. we’re going to look at the many types of arrangements that play an important role in helping your transactions go well. So, why bother arranging sorts? Well, they give […]

Demo Trade Your Way to Success

Now, let’s discuss an important topic for our forex journey, Demo trading. What exactly is demo trading, you ask? It’s essentially a free practice round. It is offered by most forex brokers. Although it’s not the genuine thing, it’s fairly […]

Can You Get Rich By Trading Forex?

Let’s have an open discussion before we enter into the world of forex trading. Before trading currencies, it’s essential to understand a few key points. Every forex trader, without exception, faces losses on some trades. Forex is not a miraculous […]

When can you Trade Forex?

Forex Trading Sessions Okay, now that we’ve covered what forex is, why it’s worth trading, and who participates in the forex market, let’s move on to the next important topic, when to trade. So, while the FX market is open […]

When Can You Trade Forex: Tokyo Session

Hello there, fellow traders!On Sunday night at 5:00 p.m. EST (10:00 p.m. GMT), the trading day in America begins. But until Tokyo wakes up a few hours later, nothing really interesting happens. Thus, at approximately 12:00 a.m. GMT, the Asian […]

When Can You Trade Forex: London Session

Okay, everyone, let’s explore the forex market and learn how the markets move. Imagine this, our friends in Europe are getting ready for a day in the forex market while our colleagues in Asia are finishing up their workday. London […]

When Can You Trade Forex: New York Session

Okay, everyone, let’s look into the fascinating world of Forex during the US trading session. Picture this, European traders are winding up their lunch breaks, and the U.S. session begins at 8:00 a.m. EST, as traders begin their day at […]

 What Is Trading In Forex?

So, how does forex trading work? It’s actually quite simple: it’s all about money, specifically various sorts of money known as currencies. Because you are not receiving a physical item such as a gadget or a toy, consider this: purchasing […]

Best Times of Day to Trade Forex

Let me ask you a quick question. When do more people watch TV, have you ever wondered? It is indeed prime time. So, how does this relate to our Forex trading sessions? In forex, our ‘ratings’ or liquidity are at […]

Best Days of the Week to Trade Forex

Now let’s talk about the busiest time in forex, the London session. It’s like the beating heart of all trading sessions. But do you know what is interesting? On certain days of the week, all of the marketplaces become a […]

Who Trades Forex?

Everyone is involved in the currency market, from local money exchangers to huge institutions, from clever hedge fund managers to everyday people like Uncle Pete! It’s a global money celebration to which everyone is invited. Forex Market Structure Let’s now […]

Forex Market Players

Having viewed the big picture of the forex market, let’s go a little deeper and learn more about the players. It’s critical to understand what the spot forex market is about and who the major players are. So, who is […]

Know Your Retail Forex History!

In the past, foreign exchange (FX) trading had been reserved for experts and large investors. However, thanks to improvements in technology, anyone may now participate in the world’s markets and trade from any location. Let’s take a casual look at […]

Why Trade Forex?

The forex market stands out as an attractive option for traders looking for new chances in today’s unpredictable financial markets. Worldwide traders are connected to the forex market because of its remarkable liquidity, accessibility, and flexibility.  It has gained popularity […]

Why Trade Forex: Forex vs. Stocks

Assume you’re in a massive market, the New York Stock Exchange. There are about 2,400 different stocks for sale there. There are nearly 3,900 stocks on the NASDAQ market as well! That’s a lot of companies, right? Now consider keeping […]

Why Trade Forex: Forex vs. Futures

So we’re not just looking at the stock market, but also the FX market. And you know what’s cool? The FX market has a number of advantages over stocks. But wait, there’s a lot more to it! There are a […]

What is Account Balance?

Alright, let’s talk about something important in forex trading: “Account Balance.” So, when you start trading forex, the first step is to open an account with a forex broker or computational fluid dynamics (CFD) provider. Once your account has been […]

Currency Pair Buying and Selling

So, let’s start with an overview of forex trading. It’s similar to a money dance, in which you buy one currency while selling another. All of this occurs via a “forex broker” or a “CFD provider.” And here’s the thing: […]

What is Unrealized P/L and Floating P/L?

Okay, guys, let’s talk about something you’ll see on your trading platform, it might say ‘Unrealized P/L’ or ‘Floating P/L,’ with some green or red numbers hanging out with. Now, I’ll break it down for you. In trading language, there […]

What is Margin?

Alright, everyone, let’s get to the concept of “margin” in forex trading. Now, when trading in the forex market, you don’t have to pay the full amount to create a new position. No, only a little portion of it is […]

What is Used Margin?

Okay, let’s talk about “used margin”. But first, let us clarify what we mean by “required margin”. When you make a new deal, you reserve a particular amount of money called Required Margin. We covered Required Margin in our previous […]

What is Equity?

Okay, let’s understand about “equity.” Equity simply means the current worth of your trading account. Consider it the current balance in your account. As you observe your trading platform on your screen, you’ll see that this figure changes with each […]

What is Free Margin?

In the world of forex trading, understanding the idea of “free margin” is essential for efficiently managing positions. First, let us differentiate between two types of margins: “used” and “free.” Used Margin is the entire amount of margin necessary for […]

What is Margin Level?

Let’s discuss something significant in forex trading, the “Margin Level.” It’s similar to a percentage, indicating how much of your money you can spend for fresh trades. If your Margin Level is high, it suggests you have more funds available […]

What is a Margin Call?

Okay, so what is the “Margin Call Level” in forex trading? Consider the Margin Call Level to be a defined point at which you will arrive while trading forex. It’s like a warning sign, saying, “Hey, you might need to […]

What is a stop-out level?

Today, we will look at what the term “Stop Out Level” or simply “Stop Out” means in forex trading. Consider the Stop Out Level to be comparable to the Margin Call Level we discussed previously, but with one key difference, […]

Forex Market Size And Liquidity

Now, when we talk about forex, the majority of the action takes place on something called the “interbank market.” It’s not like the New York Stock Exchange or the London Stock Exchange, there is no physical location or central exchange. […]

The Relationship Between Margin and Leverage

Alright, learners, today we’ll look at the connection between margin and leverage in Forex trading. So, what is the link between Margin and Leverage? Consider this, Margin provides leverage. Simply put, leverage is having more “trading power” when using a […]

Margin Jargon Cheat Sheet

When you first start in margin trading, it may feel like you’re learning a completely new language. Margin trading, like any other specialized sector, has its own set of phrases and languages to learn. Consider it a manual for knowing […]

How to Avoid a Margin Call

Let’s discuss about Margin trading. It is a strategy for traders with minimal funds who may make large profits or losses. If you don’t understand what margin indicates or what to do if your broker issues a Margin Call, your […]

How To Trade Forex?

Okay, now that we know what the forex market is and how huge it is, let’s look at how you may start trading. So, how do you go about trading forex? Well, traders have come up with a variety of […]

How do you Trade Forex?

Trading money over the world is similar to foreign exchange trading. It’s similar to exchanging your local currency for another while travelling, but on a much larger scale. In this worldwide market, people bet on whether a currency’s value will […]

Know When to Buy or Sell a Currency Pair

We’re talking about forex trading, which is the process for predicting whether one currency will rise or fall in relation to another. So, when should you buy and sell? That’s where basic analysis can help. It’s like examining the basic […]

What is a Pip in Forex?

Okay, let’s talk about something important in forex trading, “pips.” You may have heard terms like “points,” “pipettes,” and “lots” spoken around; now we’ll break them down and explain how they function. Don’t worry, we won’t go too far into […]

What is a Lot in Forex?

In the world of Forex, we regularly trade in fixed amounts known as lots. Think of a ‘lot’ as a unit of measurement for the quantity of dollars purchased or sold in a single transaction. Imagine going to the grocery […]