What is a day trade?

Day, or ‘spot’, trading is when you open and close a trade within the same trading day, usually by 10pm GMT. It one of the most popular ways to trade online as it allows traders to benefit... read more

What is a Forward Deal and How Does It Work?

Foreign currency (forex) forward deals are contracts that are used as a hedge when an investor has a commitment to either take or make a forex payment at a specified date in the future. It is essentia... read more

What is Forex?

Forex trading is essentially the buying of one currency while simultaneously selling another. In other words, you are dealing in pairs of currencies that are traded against each other. For instance, ... read more

What is Stop Loss

While there’s so much noise around the equity and futures markets, these are dwarfed by the mammoth size of the forex market. With the per day trading volumes exceeding $5 trillion, forex is by ... read more

What is Leverage?

Currencies fluctuate daily depending on a variety of factors like economic indicator announcements, news and geopolitical events. Some pairs are more volatile than others and the more stable a country... read more

Currency Trading Explained

When you go on holiday to an exotic country one of the things you need to do is change your home currency for the currency of where you are going. When you make that exchange, usually through a bank, ... read more

How do I Use Trading Charts?

Charts are the bread and butter of technical analysis, which revolves around looking at previous price action to determine future market behavior. After all, charts provide a quick glimpse of how a fi... read more

Different Trading Types

It is often said that no two traders are the same. Each possesses his or her own personality traits that factor in their trading preferences, not to mention lifestyle differences that can also influen... read more

Currency Acronyms and Abbreviations

Countries around the world have their own currency and traders learn to quickly recognize those currencies by their three-letter acronym or abbreviation. The two letters at the start refer to the nam... read more

The Advantages of Fixed Spreads

In today’s forex market, many brokers will try to sell you on the idea of “tight spreads” from as low as 0.1 pips. They conveniently forget to tell you that the 0.1 pip spread you we... read more