Learn forex currency trading online
Currencies Benefit from leveraged currency trading. Join Now For Free Please enter your first name. Please enter your last name. Please enter a valid email address. Formula Investment House Ltd. Click here for further details. Please wait while we process your request.
List of Restricted Countries: Change Country I am not a resident of. You will now be transferred to the website of , a company licensed and supervised by the , where you can continue the registration process. Dear Visitor, Unfortunately, we cannot accept clients from Israel. The players on the FOREX market range from huge financial organizations, managing billions, to individuals trading a few hundred dollars. Thanks to the internet you can trade on the FOREX market in the same way as traders from the largest banks and investment funds.
All you need to get started is a computer with internet access and a trading account with a FOREX broker. The single most important thing on the FOREX market is the exchange rate between two currencies a currency pair. In general, the currency exchange rates reflect the health of countries' economies. You decide to buy 1 euros against US dollars.
If you look at the FOREX quotes on your trading platform you will see that there are 2 prices for each currency pair. One is the price at which you can buy, referred to as the "ask price", and the other is the price at which you can sell, referred to as the "bid price".
The difference between those two prices is known as the spread. The ask price is always higher than the bid price. With this leverage you can take a position with times larger value, resulting in times bigger profits or losses, therefore great care is required when placing your trade.
Equities on the other hand are traded without leverage. Then pick a currency pair e. Now you are a trader in a market used by millions of people all around the globe.