WHAT IS A FOREX? Forex is the marketplace where various world currencies are traded. The forex market is the largest and is the easiest to liquidate within the world, with trillions of dollars changing hands a day. there’s no centralized location, rather the Forex market is a network of...
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INFLATION Inflation is a sustained increase in the amount of currency in circulation – which in turn increases the price of goods and services. With this in mind, inflation is one of the most important of all Forex fundamental indicators, as it demonstrates how healthy an economy is. It...
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Pros of a Forex Trading Career There are several advantages that a career as a forex trader, also known as a foreign exchange trader, offers. They include: Low Costs: Forex trading can have very low costs (brokerage and commissions). There are no commissions in a real sense–most forex brokers...
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Why should we prefer trading in forex? When traders choose which market to trade, they’re trying to find optimal trading conditions and therefore the best chance of making a profit. There are many reasons why millions of traders across the world think that the forex market fits these criteria,...
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