Trading Forex
Forex trading for beginners can be very difficult. This is largely due to unrealistic expectations that are typical for beginners. What you need to know is that currency trading is not a quick enrichment scheme. On this page you will get an idea of the Forex market, its work and basic terminology, as well as the benefits of trading in different currencies. We will discuss how you can start trading (including choosing the best broker and trading software), the basics of risk management, various ways to analyze the Forex market and an overview of the most popular trading strategies. At the end of this guide, you will receive the knowledge necessary to start testing your trading skills in a free demo account before moving to a live account. What is forex trading? Forex or the foreign exchange market (also called the currency) is the market in which currencies are traded. In the simplest case, operations with foreign currency can occur, for example, when you transfer your local curr