Learn forex
 
 
 
 
 

The foreign exchange market, is the largest financial market in the world with
a daily turnover of over $3 trillion which gives it unparallel liquidity.
It is open for trade 24 hours a day, and best of all, there’s no such thing as a falling
forex market.
When you trade forex you trade one currency against another, so your profit is always
relative.

And since the forex market revolves pretty much around 8 currencies, it’s much
easier to get a clear picture of the market at any given time.

 
 

How to get started?
All you need is an internet connection, the right broker and the right forex platform.

When looking for a broker look for:

Low margin requirements
Wide leverage options
No commissions
Low spreads

When looking at a forex platform look for:

Usability
Unlimited practice mode
A good range of forex tools
Educational features that can help you learn such as forex guides, forex tutorials,
forums and visual trade representations
 
 
 
 

Useful trading features. Forex offers many features that can be used to minimize risk
and maximizeprofit.
One of these features is leverage.
When you’re sure of your trade, using higher leverage can increase you profit, but be careful
because it also increases risk.
To minimize risk, use trading orders such as Stop Loss and Take Profit.
With these orders you can limit the amount that you’re willing to lose on a trade, and realize
your profit when the trade reaches the specified rate.

 

Our recommendation. After a wide survey of the available forex platforms online we
are happy to recommend you the eToro platform because of it answers all of the criteria
listed earlier, has an innovative visual interface,a range of educational tools and a first
deposit of only $50.
eToro also offers the Top Traders’ Insight tool which allows you to copy the trades of
eToro’s top 100 profiting traders.

  Click here for your opportunity to start learning forex trading.
Trading in the Foreign Exchange market might carry potential rewards, but also potential risks.
You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don't trade with money you can't afford to lose.
Copyright © 2008 eToro. All rights reserved.