This section is specifically designed for those who want to understand what constitutes the financial markets and how they can earn from them. It contains articles that address the most frequently asked questions with regard to the Forex market and CFD.
What is Forex
Forex - an international financial market, where currency is exchanged. It was founded in 1976, when all the nations of the world abandoned the "gold standard" and adopted the Jamaican system, which promoted the free flow of currencies. Forex trading has become absolutely necessary for the normal functioning of the world economy and for ensuring the capital flow between countries.learn more
What is CFD
CFD - A Contract for Difference boasts various underlying assets. Most often they comprise the assets that are traded in financial markets. At the formation of such a contract, one party agrees to transfer to the other party the difference between the current value of an asset and its value at the end of the contract. In this case, the contract does not involve the transfer of ownership of the underlying asset itself.learn more
Who are the brokers?
Forex brokers, or as they should be called, dealing centers operating in Forex markets, are companies engaged in the provision of access to foreign exchange trading.learn more
Trader - the profession of the XXI century
Trader is a person who trades in financial instruments for profit. Each year, the profession of the trader becomes more prestigious and popular. In the past, someone needed 20 years in the field to become a proficient trader. Now the trader can be anyone who knows how to use a computer and the Internet.learn more
How to Make Money in Forex?
Earn money on Forex based on the difference in exchange rates. The trade mechanism is simple; you buy, for example, 1 euro for 1.2 and wait until the euro rises to $1.3. Once that happens, you sell the euro and get the profit of $0.1.learn more
How much can you earn on Forex?
With proper trading and by following all the rules of money management, the average yield of a trader is from 5% to 80-100% a month. This variation is associated with the different trading features of each trader and the market conditions.learn more