Forex Basics

Choosing a forex broker is essentially the biggest trade you’ll ever make in your forex career. You’re trusting all your trading capital to these people. Below you’ll find some steps for how to pick a forex broker that’s right for […]

Be aware that taking a forex broker’s deposit bonus can result in multiple problems. If you are going to trade, just deposit your own money and trade. Don’t fall for these “deposit bonus” gimmicks. Here’s why. Ever seen an ad saying […]

Here’s how to place orders and manage trades when trading forex. There are a number of forex order types that are useful in different circumstances. Here are the main order types: Forex Market Order Most retail platforms use “Buy” and […]

This forex introduction provides an overview of what forex is and how to trade it. Topics covered include currency pairs, how to make money, the bid/ask spread, pips and pip value, lot sizes, market hours, leverage, and rollover. Don’t know […]

The pip value when forex trading affects how much you will make or lose, in your own currency, for each pip the price moves. Pip value is based on the lot size, the currency pair/exchange rate, and the account currency. […]