Forex questions and answers

What is Forex? Forex, short for foreign exchange, refers to trading one currency for another. It is also known as FX.   Where is Forex Traded? Forex is primarily traded through three venues: the spot markets, the forward markets, and the futures markets. The spot market is the largest of all the three markets because … Read more

Forex Trading: Pros and Cons

Pros and Cons of Trading Forex Positives The forex markets are the largest in terms of daily trading volume in the world and therefore offer the greatest amount of liquidity.3 This makes it easy to enter and exit a position in any of the major currencies within a fraction of a second for a small … Read more

Forex Terminology

Forex Terminology The best way to start your forex journey is to learn its language. Here are some terms to get you started: Forex Account: A forex account is used to conduct currency trading operations. Depending on the lot size, there can be three types of forex accounts: Micro Forex Accounts: Accounts that allow you … Read more

Forex Markets of uses

forex hedging Companies that do business in foreign countries are exposed to risk due to fluctuations in currency values ​​when they buy or sell goods and services outside their home markets. Foreign exchange markets provide a way to hedge currency risk by setting the rate at which a transaction will be completed. To achieve this, … Read more

Forex Spot Market

Spot Market forex Forex trading in the spot market has always been the biggest because it trades the largest underlying real assets of the forward and futures markets. Previously, volumes in the forward and futures markets exceeded those in the spot markets. However, trading volumes in the spot forex markets received a boost with the … Read more

Forex Market Overview

Forex Market The foreign exchange market is where currencies are traded. It is the only continuous and non-stop commercial market in the world. In the past, the forex market was dominated by large corporations, institutions and banks, which acted on behalf of clients. But it has become more retail-oriented in recent years, and traders and … Read more