Trading Basics

As the global economy continues to grow and expand, more and more currencies are being traded on the foreign exchange market. The foreign exchange market is the largest and most liquid financial market in the world, with an average daily trading volume of over $7 trillion. Now, are you curious about the top traded currencies […]

Forex trading, short for “Foreign Exchange,” involves buying and selling currencies. Like any investment opportunity, Forex trading presents both lucrative benefits and inherent risks. Understanding the pros and cons of Forex trading can guide traders to make informed decisions and strategies. So are you ready to explore the world of Forex trading with us? Let’s […]

Let’s take a closer look at the captivating Forex market structure, akin to a layered cake with each level having a crucial role in the market’s performance. Grasping this hierarchy could be vital for anyone aiming to navigate the Forex landscape skillfully. Retail Traders (The Foundation) At the base of the Forex market structure pyramid, […]

Imagine a bustling market where two vendors engage in a lively price negotiation – that’s essentially what happens in the forex world with bid and ask rates. Let’s simplify the concept of currency pairs, unravel the mystery behind the bid and ask rates, and equip you with the knowledge to navigate the forex market like […]

When it comes to forex trading, timing is everything. With the forex market session opening 24 hours a day, 5 days a week, it’s crucial to know which sessions are the most active and may offer the most trading opportunities. But, let’s be real, with all these different forex sessions, it can feel like you’re […]

Are you ready to spread some knowledge about Spreads in forex? Did you see what just happened here? Spreads in forex can be a bit confusing but don’t worry, it’s not rocket science. It is subtracting the bid price from the ask price, and that could either affect your profits or losses. The bid is […]

A liquidity provider, in simple terms, acts as the powerhouse of prices, always showing bid and ask quotes, creating a dynamic environment for traders to thrive. In the forex market, liquidity providers facilitate the buying and selling of currencies by offering competitive bid and ask prices. Liquidity providers in the forex market, like banks, hedge […]

If you’re new to forex trading, you must have come across the term “pip” and probably wondered what it means. So let’s talk about pips – those little guys that can make or break your trades.  Understanding Pips Well, they’re basically just units of measurement for currency pairs. When you see a price quote for […]

Let’s talk about the history of forex trading, but before that, let’s take a trip back to the good old days of bartering, from where it all began! Before the existence of financial institutions and banks, people traded goods and services through a system known as bartering. Can you believe it? It was like the […]

Forex, or foreign exchange, can be simplified as an act of buying and selling currencies from different countries all over the world. Towering over all others with a colossal daily forex trading volume of over $7 trillion, the Forex market is the Goliath of financial markets. Can you imagine? It is so massive that the […]