
No. 1
Large, global market
One of the biggest benefits of forex trading forex is the size of the market. It is huge. Trillions of US dollars are exchanged every day and at all hours because people are trading from all over the world. So it is truly a global market.

No. 2
There are a lot of approaches that suit various levels of experience. You can go short or long and there are several tools and theories that can benefit you.
When you are starting out, try a free demo account to hone your skills without risk. This means that without any financial commitments – you can get a real sense of the trading platform and familiarise yourself with the interface and the market movements so that you can develop a strategy before you put real money down.

No. 3
The spread is something a forex broker gets for making the trade happen. And spreads are measured in pips. For most currencies, a pip represents 1/100 of a percent – or the fourth place after the decimal point. Let’s say in your forex trade the bid price was 1.3234 and the ask price was 1.3233, then the spread for the deal was 1 pip.

No. 4
Every time you trade, you are betting on one currency over another. Selling short or shorting is a trading strategy where a trader speculates that the value of a currency will go down, so the stock they then sell is the currency they believe will drop in price.
Going long is the opposite. It is when a trader bets that a currency – compared to another currency – will increase in value.

No. 5
Because the forex market is so enormous, it is also extremely liquid. This is an advantage because it means that under normal market conditions, with a click of a mouse, you can instantaneously buy and sell at will.

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