Have you heard of “market sentiment” in trading lingo? Think of the market like a big party where everyone has their own thoughts on where a currency’s price is headed. Well, market sentiment is basically the overall mood of all those partygoers. But what does this term really mean? Put simply, market sentiment is what … Read more
Have you read our guides and can’t wait to take your first steps in forex? To get started, you’ll need to find a good online broker. It’s really important to choose a trustworthy broker if you want to succeed in the international currency markets. Depending on what you need, like specific trading platforms, tools, or … Read more
The Forex market, short for Foreign Exchange, operates as a vast, decentralized marketplace for trading global currencies. In this market, each type of currency has its own exchange rate, which dictates how much one currency can be swapped for another. For example, an exchange rate of 1.05 for EUR/USD indicates that one euro can purchase … Read more
Leverage in Forex is a tool that allows traders to control a larger position than the amount of funds they initially deposit. By using capital “borrowed” from a broker, traders can amplify their buying power. In essence, leverage enables traders to handle significantly larger volumes of currency than the amount of their own invested capital, … Read more
First and foremost, Forex (Foreign Exchange Market) is the global market for buying and selling currencies. It is often referred to by its English acronym, FX, and is recognized as the largest and most liquid market in the world, moving more money compared to any other financial market. Do you think this is the first … Read more