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