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What is Forex Market?

The Foreign Exchange Market (Forex or FX) serves as a platform for trading currencies on a worldwide decentralized market. Large international banks are the key players in this market. Financial centers all over the world work as trading anchors between a vast array of both sellers and buyers 24/7, except on weekends. Both Reuters’ dealing 3000 and EBS are two chief interbank platforms regarding forex trading. The foreign exchange market defines various currencies’ relative values.

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Forex Trading is exchanging of currencies from different countries against each other. Forex is the short form of Foreign Exchange. For instance, in Europe the currency used is called the Euro (EUR) and in the United States the currency in used is called the US Dollar (USD). An example of a Foreign Exchange is buying the Euro while at the same time selling the US Dollar. This is also referred to as going long on the EUR/USD currency pair.Learn More
As a Forex trader one chooses a currency pair that they expect to go do down or up in value and opens a trade accordingly. Forex trades are opened through the brokers.  Orders can be easily placed within just a few minutes with just a few clicks. The involved broker then passes on the order to a partner that they work with in the Interbank Market to fill the position that you have opened. When one closes a trade, the broker also closes the trade on the Interbank Market and credits the traders account with the loss or gain.Learn More
Forex strategies range from easy and basic strategies to complex ones. Basic strategies usually use easy chart patterns to analyze the markets and a few basic indicators. In the beginning a trader learns to recognize and trade using simple patterns, then with time they learn to make a much easier transition to more advanced and complex trading strategies and methods. Forex trading strategies are very important in that they normally help the beginning traders to know the entry and exit points as well as predict the market turns.Learn More
You need to work with good Forex brokers to make good and consistent profits. Here you will find the best and the most reliable brokers. Most of the Forex brokers you will find here have great offers and bonuses. They are also regulated and licensed by approved bodies. Don’t be late to check them out!Learn More

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Start trading Forex and CFDs and get up to $10,000 BONUS!

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AvaTrade has been an innovative pioneer in online trading since 2006. The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the on-line experience for retail traders.

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Beginners Guide –Start Your Trading Career With No Deposit Forex Bonus

Usually people are little afraid or hesitant before starting their trading career. They want to try forex trading but afraid of investing their money in it. Well the solution of these problems is ‘no deposit […]

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12 Ways New Forex Traders Quit

Forex trading can be exciting and tempting to the novice trader, but most quit and rarely do any become successful at it. If you’re serious and wanting to be prosperous in FX you’ll need to […]

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Avatrade : Free Online Trading Education

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eToro : Free Online Trading Education

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Forex trading is one of the fastest growing segments of the global trading market. Due to this popularity there are thousands of new people getting involved every day.  If you know what you […]

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Time, Knowledge and Experience: The Necessary Tools for Forex Trading

The Foreign Exchange Market also known as Currency Market, or Forex Trading, in the most simplest terms, you are trading one currency value for the value of another. The success rate is low and considering […]

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The Importance of Choosing Best Forex Trading Platform

Choosing the best among the many forex platforms available today is extremely important as this software serves as the main vessel for every trader to execute his actions. This is an advanced trading tool used […]

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