When you are trading in Forex, you are effectively investing in the economic well-being of a nation in comparison to another nation. So if you sell British Pounds for US Dollars, you are betting that the US economy is going to do better than the UK one. But what are the factors that can influence [...]

You may find some websites that claim to offer risk-free trading but that is nonsense. When you are trading substantial sums of money, there is always the possibility that you could lose money as well as make it. Making sure that you are well briefed, that you understand the market, and are using reliable Forex [...]

Some websites make wild claims about how much money you can make from Forex trading if you only download their guide or follow their advice. Like any form of trading however, successful Forex trading is dependent on understanding the rules and becoming as educated as you can possibly be before starting trading. Many brokers offer [...]

Forex trading is very simple in essence. Traders convert their money into a different (or counter) currency and hope that currency increases in value. Then they covert back into the original (or base) currency and they have made a profit simply by moving one currency from another. For example, say you had £90 (in Forex [...]

In the 1930s there was a worldwide depression with a number of monetary crises leading up to the start of the Second World War. At the end of the war, leading countries got together under the initiative of the US and signed the Bretton Woods agreement. This agreement sought to prevent the appalling destabilisation of [...]

There is a good deal of confusion about these terms but, in Forex trading, they are effectively two sides of the same coin as you are always trading in currency pairs. Taking a long position is the most traditional form of trading and is where you buy a currency pair at a lower price and [...]

It is entirely possible to start trading in Forex with very little knowledge. Your broker and Forex trading platform will be able to help you acquire knowledge on the way but it is always useful to understand the most commonly used terminology. There are three terms specific to Forex that are useful to understand – [...]

‘Forex signals’ is a term that you will hear a lot when you begin trading. Forex signals are basically indicators that traders use to help them decide whether to buy or sell a currency. Some traders use a formal Forex Signal System to do this, others rely on the alerts that are sent to them [...]

Every Forex trading platform provides a charting facility but, as with any tool, if you are unable to read the charts properly they are of little use. It is really worth spending two months using a demo and making sure that you are making a consistent profit before opening an account with real funds. Over [...]