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