Video lessons
Learn Forex and trade like a pro
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Hello and welcome to the basics of Forex trading…
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So, what is Forex trading? Forex stands for foreign exchange and is used to describe trading in the currency market by investors and speculators…
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There is a number of reasons to choose to trade on Forex market as a way to make money: High liquidity and volatility…
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Before we go any further, let’s speak a bit more about the risks…
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Let’s talk about something you really care for a moment…
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Currencies on the FX market are always traded in pairs…
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On Forex market, the value of a currency is given in pips…
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The next terms we will study are Bid and Ask…
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Historically, spot Forex trading was only available in specific amounts of base currency called lots…
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In order to calculate the value of one pip in a currency pair, you have to multiply the amount of your trade in lots by one pip in a decimal form (0…
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Your broker is a company, which provides the software and the infrastructure you need to make trades in the Forex market…
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The decision to buy or sell the currency pair depends on your expectations of the future price…
