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Learn Forex

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ForexTrading

  • Learn Forex

    Forex is a commonly used abbreviation for foreign exchange. Forex Trading is typically done through a Broker or Market Maker. The main participants in forex markets are the international banks. As Forex Trader you can choose currency pair that you expect to Change in value and place a trade accordingly.

  • Forex Terminologies!

    • Leverage - Foreign exchange is a leveraged (or margined) product, which means that you are only required to deposit a small percentage of the full value of your position to place a forex trade.

    • Pip -Pip stands for Percentage in Points. Most of our currency pairs are quoted to 5 decimal places with the change from the 4th decimal place (0.0001) in price commonly referred to as a 'pip'.

    • Spread - The difference in the BID/ASK of the currency pairs is referred to as the 'spread'

    • LOT - A lot is the smallest trade size available. Billion Capitals Forex accounts have a standard lot size of 1,000 units of currency.

    • Candle Stick - Candlestick is a combination of both line and bar chart which is used in MetaTrader to determine the price movements of currencies traded over time in forex trading platform.
  • How to Trade in MetaTrader 4?

    • Download Metatrader 4
    • Open a Demo Account
    • Place the types of order Buy or Sell
    • Be Expert in Demo Trading Account
    • Start Live Account
    • Deposit Funds
    • Start Trading