| The Foreign Exchange (often abbreviated | | | | the correct leverage ratio. |
| as Forex or FX) market is the largest | | | | In trading online forex, there are many |
| market in the world with daily trading | | | | types of orders that you can make to |
| volume of over 1.9 $trillion in | | | | facilitate your trades. The articles |
| September 2004. With its high liquidity, | | | | then explained the rationale behind each |
| low transaction cost and low entry | | | | type of orders, when and how to use each |
| barrier, the 24-hour market has | | | | of them. |
| attracted investors around the world. | | | | Being one of the most actively trading |
| The following articles aim to introduce | | | | markets, the forex market is yet, may |
| the key concepts in forex trading, the | | | | not be the most well known market. The |
| terminologies and the characteristics of | | | | articles then gave a little historical |
| the FX market. | | | | background and explained the nature of |
| The articles first introduced the | | | | the forex market, and made an overall |
| concept 'spread', which is the most | | | | comparison of various trading markets. |
| important transaction cost in forex | | | | It also discussed the pros and cons of |
| trading, how the spread is presented in | | | | trading forex market and what are the |
| the price quotes, what is the | | | | recent trends. |
| significance of it and what is the trick | | | | Like any other trading instruments, |
| behind it. As most of the retail | | | | traders should understand the |
| customers choose to trade forex with | | | | terminologies and the basis of the |
| margin account, the articles then | | | | market before he/she starts real |
| introduced what is margin trading, what | | | | trading. The above articles serve as an |
| is the significance of margin, how to | | | | essential beginners' guide to the world |
| trade a margin account and how to choose | | | | of forex trading. |