The Forex (FX) market is the most liquid financial market in the world, with daily volume figures of more than $4 trillion. The global Forex market is also the only financial market opened 24 hours and all the days, except for weekends. Another key distinguishing feature of the currency markets is the differing levels of price access enjoyed by market participants. This is unlike the stock and commodity markets, where all participants have access to a uniform price. Unlike stocks, which trade on a centralized exchange such as the New York Stock Exchange, London Stock Exchange or Saudi Stock markets, currency trades occur in a number of different geographical locations. Currency markets have numerous participants in multiple time zones, including great banks and financial institutions, retail brokers and individuals. For example: Central banks are among the largest and most influential participants in the Forex market, and hedge funds are also major participants.
What you will learn?
- Study the Forex world
- Understand Forex related words and its definition including: spreads, leverage and margin....
- Compare the differences between stock markets and forex markets.
- Learn how to use the various types of orders and learn how to apply them for buying, selling and determining profit and stop loss.
After completing this lesson, you will be able to
- Know the theories in forex market
- Learn all trading terms
- Choose the suitable market that fits best your needs
- Test trading orders and your trading strategy on a free demo account
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