Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world's currencies trade. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. The forex market is the largest, most liquid market in the world. All the world's combined stock markets don't even come close to this. But what does that mean to you? Take a closer look at forex trading and you may find some exciting trading opportunities unavailable with other investments.
Just like stocks, you can trade currencies according to your analysis. But the big difference with forex is that you can trade up or down just as easily. If you think a currency will increase in value, you can buy it. If you think it will decrease, you can sell it.
There are many companies that offer margin trading (Forex) services, and without the knowledge of the essential criteria, it’s easy to get confused in the large offer and choose an unsuitable or, in the worst-case scenario, an unreliable service provider. What is the most important when choosing a platform provider, and how does one orientate themselves in so many offers? Below is a compilation of some advice from several professionals in the Forex market, which can be narrowed down to four basic criteria:
Binary options trading may not be suitable for everyone, and it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products please ensure to understand the risks involved.