Introduction to Forex
Forex, short for foreign exchange, is the global marketplace where different currencies are exchanged. It is the largest currency exchange in the world and is open 24 hours a day, 5 days a week, with participants from all around the world. The Forex market is used by international businesses, governments, and currency traders, but it also offers financial opportunities for individual traders to benefit from it.
This course will teach you the structure and workings of the Forex market system, learning what it is and how it operates.
Why Should You Trade Forex?
The following information teaches students about the workings of Forex trading and how they can take advantage of some of its many benefits.
- Massive Market Size The Forex market is the world’s biggest and most popular financial market. Learn how you can benefit from participating in its daily $5 trillion trades.
- 24-Hour Availability The Forex market operates around the clock, trading from 5 pm ET Sunday until 5 pm ET Friday. Learn about choosing the optimum times to perform your trades and when the best times are to do them.
- Low Costs and Fees Find out why Forex trading has low costs compared to other markets and how you can take advantage of this.
- No Middlemen Learn how trades are conducted without middlemen and how this is a large benefit in Forex trading.
- Free Practice with Demo Accounts Learn all about the free practicing options for you to use when you start trading and how you can learn Forex trading and make trades without fear of losing a single dime.
Is Forex Trading for You?
Forex trading might seem like a daunting challenge that is only potentially suitable for mathematics experts, but this is not the case. You do not need a PhD in maths to be a very successful trader. Forex trading is accessible to everyone, and with a little practice, you can become proficient at it.
This course will teach you everything you need to know about the Forex Market and how it works. You will see all of the benefits it has compared to other markets and learn about all the tools you’ll have access to once you begin.
