The Foreign Exchange (often abbreviated as Forex or FX) market is the largest market in the world with a daily volume of transactions over $ 1.9 trillion in September 2004 *. With high liquidity, transaction costs and low barrier to entry low, the 24-hour market has attracted investors from around the world.

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The following articles aim to introduce key concepts of currency trading, the terminologies and the characteristics of the foreign exchange market.

The first sections introduce the concept of distribution ‘, which is the largest cost in trading Forex trading, how the spread is presented in the quotations of prices, what is the meaning of it and what is the trick behind her. Like most retail customers, choose to trade currencies with the margin account, the items then introduced what is margin trading, what is the significance of the margin, trade a margin account and how to choose the leverage ratio correct.

In forex trading online, there are many types of orders you can do to facilitate your trades. Sections then explained the reasons behind each type of orders, when and how to use each.

As one of the most active stock markets, the foreign exchange market is still, may not be the most famous market. Sections then gave a brief history and explained the nature of the Forex market, and compares global trading markets. He also discussed the advantages and disadvantages of trading forex market and what are the recent trends.

Like all trading instruments, traders should understand the terminology and basic market before he / she is the beginning of actual transactions. The above articles serve as a guide for beginners essential “to the world of forex trading.

* According to the triennial survey of the Central Bank’s foreign exchange market conducted by the Bank for International Settlements, published in September 2004