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New to forex

easy-forex - new to forex - basics

New to forex. With this video, learn the basics of forex transactions, including the essential elements to make your first trades.

New to forex


Forex transactions involve two currencies. One currency is purchased while the other is sold. Watch this video to learn more. Forex transactions involve two currencies, one currency is purchased while the other is sold.

If you bought this pair, you would be buying euros and selling dollars. If you sold this pair, you would be selling euros and buying dollars. Forex traders attempt to predict future exchange rate movements in order to profit as the exchange rate moves in their favor.

Let's look at an example. In this case, a profit of three pips. However, if the trader had bought the pair at 1. In this case, a loss of three pips. FXCM clients can buy and sell various currencies through the FX Trading Station and other platforms 24 hours a day, five days a week, with access to live executable prices and real-time streaming charts. FXCM clients have exceptional access to the forex markets.

All videos are provided for educational purposes only and clients should not rely on the content or policies as they may differ with regards to the entity that you are trading with. Further, any opinions, analyses, prices, or other information contained on this website is provided for educational purposes, and does not constitute investment advice. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Overview What is Forex? Overview What Are Indices? Overview Why Trade Commodities? Description Transcript Forex transactions involve two currencies.


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