What is Forex Trading?

First of all, the concept of trading exists since ancient times. Even in Ancient Egypt there were individuals trading different goods for other goods or for different services needed by them. However, in our times, trading represents much more than trading some services or goods.

Forex Trading is not necessarily something new, it already exists for several decades and many investors already made some really huge profits trading foreign exchange.

What is Foreign Exchange Trading? Forex Trading is nothing more (or less) than the buying and selling of different foreign currencies on Forex Market (the largest financial market in the world).

If you are a traditional investor with an investment portfolio with only bonds, stocks, mutual funds you should consider to learn forex trading and invest on Forex Market. As a Forex Trader you can trade from Monday to Friday operating 24r hours a day.

The Foreign Exchange Trading day starts in Sydney, Australia, after that new sessions will be open in different financial markets in the world finishing with the New York Forex Market.

There are lots of countries with their own currencies but you will notice that the Forex Trading is concentrated only on the most popular ones.

The main currency pairs traded on FX Market are: Euro, US Dollar, Japanese Yen, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.

If you have a computer with internet access you can trade forex from home. The majority of Forex Brokers are using the MetaTrader forex trading platform. This trading platform is also giving you the possibility to use Forex Expert Advisor. You can even earn without doing the trades yourself, this is called automated forex trading.

Education is of huge importance, before trading foreign exchange on a real account you should educate yourself and learn how to trade. If you search online you will even find FREE Forex Trading Ebooks that will help you to start your Forex Education.


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