Category Trading

Plain-English guides to markets, trading methods, execution, leverage, costs, and risk.

How the Forex Market Works

Risk warning: Retail forex trading is highly risky. Leverage can produce losses rapidly, and an over-the-counter dealer may be your direct counterparty. The foreign-exchange market, usually called forex or FX, is where currencies are exchanged. Businesses use it to pay…

Forex Trading for Beginners

Start here: Forex trading is speculation, not a reliable way to build beginner wealth. Establish emergency savings and a diversified long-term investment plan before considering leveraged trading. Forex trading means taking a position on the exchange rate between two currencies.…