Forex trading is the exchange of currencies to profit from fluctuations in exchange rates.
x
i
s
t
f
x
Faq’s
Quick Answers to Your Trading Questions.
-
01
What is forex trading?
Forex trading is the exchange of currencies to...
-
02
How do I start trading forex?
Open an account with a broker, deposit funds, and...
Open an account with a broker, deposit funds, and start trading currency pairs based on market analysis.
-
03
What are major, minor, and exotic currency pairs?
Major pairs involve the USD, minors exclude the USD but...
Major pairs involve the USD, minors exclude the USD but include strong currencies, and exotics pair a major currency with an emerging-market currency.
-
04
What is leverage in forex?
Leverage allows traders to control larger positions...
Leverage allows traders to control larger positions with a smaller amount of capital, increasing both potential profits and risks.
-
05
How risky is forex trading?
Forex trading carries risks due to market volatility...
Forex trading carries risks due to market volatility, but proper risk management can help minimize losses.
-
06
What trading platforms do you support?
We support popular platforms like MetaTrader 4 (MT4)...
We support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with our own web-based trading system.
-
07
What is a spread in forex?
A spread is the difference between the bid and ask...
A spread is the difference between the bid and ask price of a currency pair, representing the broker’s fee.