القائمة الرئيسية

الصفحات


How to make profits from forex trading


How to make profits from forex trading, forex trading and forex trading has never been easier, especially with the presence of many top forex brokers that offer great deals and strong educational infrastructure to attract investors, the presence of these brokers is a good point for anyone As a potential forex trader, as long as he knows some key points about forex trading.


What is forex trading?

Foreign exchange trading (also known as forex and foreign exchange trading) refers to the global market, where traders, investors, institutions, and banks speculate in, buy and sell global currencies.


Trading takes place via the “interbank market” and the Stock Exchange, an online channel through which currencies are traded 24 hours a day, five days a week. Forex is one of the largest trading markets, with a global daily trading volume of more than About 5 trillion US dollars.


Forex Trading Currency Pairs

Currency pairs are the basis of forex trading. All transactions in the forex market involve simultaneous buying and selling of two transactions. 

These are called "currency pairs", and include a base currency and a quote currency.

On the screen below is the forex pair EUR/USD (Euro/US Dollar), one of the most popular currency pairs used in the forex market.

In the forex market, currency trades often equal millions, so small bid and ask spreads (i.e. several pips) can add up to a big profit soon, and of course, such large trading volumes mean that small spreads can also equal Big losses.


How do forex brokers benefit?

To understand how brokers benefit from forex trading, we have to analyze the forex trading market in more depth through the following points:


When you place a deal on any currency, you will notice that there are two prices, and this is the bid price and the asking price, or in simple terms, the price you must pay to buy a currency, and the amount that you will get to sell that currency, and you will notice a slight difference in these prices.


This spread in many cases indicates your broker's profit, and the spreads are usually very small and this helps protect the investor.


Since all the major forex brokers offer some form of commission-free and fee-free trading, the spread is the only marginal area of ​​profit for some.


Forex trading basics?

Forex trading is basically the process of buying and selling currencies in order to make a profit, and the price of one currency is related to the price of another currency in the trade.

So you will always work with two currencies at a time, the base currency is the first currency to appear in the quote currency pair, the quote currency tracks, the difference in price between the currencies is where you win or lose.

And the most important basics of forex trading, look for a regulated broker with a track record of at least 5 years, and if your broker adheres to the regulations.

You can be sure that it is legitimate, and once you have an active account, you can trade but you will be required to make a deposit to cover your trading costs, this is called a margin account.

أنت الان في اول موضوع
reaction:

تعليقات