IQ Option is constantly improving its service – the broker adds new tools and features, making trading available to everyone. “Forex” or “Foreign Exchange” is a source of income which provides a platform for traders to invest and trade foreign currencies of the world. Comparing this market to the stock market is one way to grasp the sheer scale of it; the average traded value of the global stock market is around $ 2,000 billion per day, while Forex trading surpasses $ 4.9 trillion daily. Unlike some other markets, this is no central market for Forex trading. Comparing this market to the stock market is one way to grasp the sheer scale of it; the average traded value of the global stock market is around $ 2,000 billion per day, while Forex trading surpasses $ 4.9 trillion daily. Unlike some other markets, this is no central market for Forex trading. The main highlights of Forex trading: Firstly, sign up to IQ Option trading platform. If you are a newbie in Forex trading, we recommend you to start with a Demo account (with rechargeable virtual $ 10 000), so you don't have to worry about losing your real money. Contents. 1 Trading forex is a waiting game while options get results faster; 2 IQ Option forex has leverage to multiply profits options have a fixed return; 3 Many factors go into how much forex makes while with options it's just the amount invested. 3.1 How far the market moves in any direction matters a lot in forex trading; 3.2 IQ Option forex traders have more control over how much profit Top traders are like snipers waiting for the perfect market conditions before entering a trade It also pays to develop a personalized trading plan. I'd advise you to create your own trading plan.This should complement your trading goals.. For example, if you want to make $100 per day, your plan will be much different from that of a trader who wants to make $50 per day. The global forex market is the largest financial market in the world While there is much focus on making money in forex trading, it is important to learn how to avoid losing money. It is the largest and most liquid financial market in the world with an average daily turnover of 6.6 trillion U.S. dollars as of 2019. The basis of the forex market is the fluctuations of exchange rates. Forex traders speculate on the price fluctuations of currency pairs, making money on the difference between buying and selling prices. The Forex market and trading with major currency pairs on a trading platform can be challenging. As a trader you have to be aware of a price chart, price movements, technical indicators, the bear market, the bull market, in short, an overall active trading strategy in order to achieve a successful trading position. The Forex market in the UK — often referred to as foreign exchange — is a large and liquid financial market on which various leading currencies are bought and sold. Often using the latest CFD software, Forex traders can buy and sell global currencies with the ultimate aim of making a profit.
[index]