Ready to learn how to trade Forex? The pros at Online Trading Academy are here to help! The foreign exchange market (also known as forex or FX) is one of the most exciting, fast-paced markets in the financial world.
Though historically, forex has been the domain of large institutions, central banks, and high wealth individuals, the growth of the Internet has allowed the average individual to become involved with and profit from online currency trading.
Learning to Trade Forex: About the Forex Trading Market
The foreign exchange market is the virtual location where global currencies are traded.
Though the total volume ebbs and flows, the Bank for International Settlements reported that the forex market trades in excess of $4.9 trillion U.S. per day.
This makes it the largest electronic market, essentially dwarfing the stock market.
What is Currency Trading?
Trading currencies is the act of making predictions based on minuscule variations in the global economy and buying and selling accordingly.
The exchange rate between two currencies is the rate at which one currency will be exchanged for another.
Forex traders use available data to analyze currencies and countries like you would companies, thereby using economic forecasts to gain an idea of the currency's true value.
The Benefits of Forex Trading
Unlike stocks, forex trades have low, if any, commissions and fees.
Even so, new forex traders are always advised to take a conservative approach and use orders, like stop-loss, to minimize losses.
High leverage, which should be prudently applied, gives traders the opportunity to achieve dramatic results with far less capital than necessary for other markets.
Forex trading requires training and strategy, but can be a profitable field for individuals looking for a lower risk endeavor.
Learning currency trading gives traders a range of exciting new opportunities to invest in.
Learn Forex Trading and Online Currency Trading at Online Trading Academy
Learn currency trading from the experts! At Online Trading Academy, we break down the online forex trading experience into multiple courses based on your level of expertise.
We can help establish the fundamentals of online currency trading for the new trader, or refresh advanced principles with a more experienced investor.
Trade forex online on your own schedule with markets open 24 hours a day, five days a week.
Our expert educators can help you implement your own forex trading strategy based on live streaming data and analysis.
What you will learn with our Forex trading classes
- How to analyze the global market and choose the right currency pairs for your trading objectives.
- Learn to track and capitalize on market moves even if you don't have access to complete research on underlying market conditions.
- Understand the difference between Forex and equities trading and how to use both in harmony.
Online Trading Academy offers Forex Trading online and classroom workshops, as well as weeklong courses to traders of all levels.
Learn how to trade Forex using the latest tools and software, and make predictions based on careful training from the pros.
“I'm really happy that I found Online Trading Academy because now I can take control of my financial future.”
Steve Atwater, Two-Time Superbowl Champion
To enroll in courses, you must first take a FREE Half-Day Class.
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