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It is essentially the process of buying and selling currencies in order to make a profit.
The price of one currency is linked to the price of another currency in a trade, so you
will always work with two currencies at a time.
The base currency is the first currency appearing in a currency pair quotation,
followed the quote currency.
The difference in price between the currencies is where your profit, or loss sits.
Look for a regulated broker that has at least a 5 year track record. If your broker
abides by regulatory rules, then you can be sure that they are legitimate. Once you have
an active account you can trade but you will be required to make a deposit to cover the
costs of your trades. This is called a margin account.
Follow the link on the page to open an account with our trusted partner FXPRIMUS.
Learning about forex trading is the first step any successful trader takes. There are
many different types of learning materials available to traders-from beginners to
advanced.
There are many forex tools available to traders such as margin calculators, pip
calculators, profit calculators, economic trading calendars, trading signals and foreign
exchange currency converters.