In this course, we’ll be discussing How To Start Forex Trading For Beginners (2022) Full Course. Starting with Part 1: What is Forex and how does it work?
In this Video: • What is the forex market? • What do we trade? • Forex Market Structure & Size • Demo trading 101
What is Forex? It is a global, decentralized market known as the foreign exchange market, or simply "forex". It is the world's largest financial market, where currencies change hands 24 hours a day 5 days a week. What do we trade in forex? In simple terms, we trade money. It is important to get used to the fact that in Forex we trade currencies, not physical goods. Let’s look at the Forex Market Size and Structure. It is the most popular and most traded market in the world, consisting of private groups, small and medium-sized traders, commercial and public companies, banks and governments. Trading is electronic and online and takes place simultaneously around the globe, which means the forex market is open 24 hours a day and 5 days a week, only closing down during the weekend
