Step 1: Understand the Forex Market How to Trade Forex – A firm grasp of the most commonly-used forex lingo will make your entry into the market much simpler. Some words and phrases you’ll hear over and over again include: Base currency: The currency you are holding. If you’re from the United States, your base currency[…]
After you’ve learned the basics of forex trading, it’s time to take the next step: open a forex account. See our complete trader’s guide to get started.