Forex, FX and currency exchange are the most commonly used terms which in reality describe the exchanging of one currency for another; for example, the exchanging of U.S. Dollars to Euros. For the purposes of the foreign exchange market, this is viewed as buying euros while selling dollars at the same time. Since two different currencies are always involved in such an exchange the trading of currencies is done in pairs and the pricing of each currency is determined by the exchange rate offered by the dealers operating in the forex market.
If all these sound too complicated and too technical for you, fear not. Below you can access a quick crash course we have meticulously prepared here at onlineforextrading.net to acquaint you with the world of online forex trading and help you decide whether to jump on the bandwagon as millions of traders around the world have done already. Additionally, this guide aspires to teach you some basic fundamentals necessary of all those new to online forex trading as we are convinced that to be a successful trader you need to first be an educated and knowledgeable trader first. Have a look at the contents of our guide and read through all of the chapters to benefit from the information we have prepared. Alternatively, you can do directly to the chapter that interests you the most, by clicking on its title:
Table of Contents
Lesson 1: The history and evolution of the Currency Market
Lesson 2: What are the Benefits of Forex Trading and who are the Market Participants
Lesson 3: Essential knowledge to have before Trading
Lesson 4: Ready to make your First Trade?
Lesson 5: Introducing Fundamental Analysis
Lesson 6: A few words on Technical Analysis
George Milios is the founder of onlineforextrading.net, the binary options and forex news portal which is dedicated to providing you with all the information you need to successfully trade.