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Trade with a Global Market
Leader in Forex Trading

  • Over 4,500 markets including FX, shares, cryptos, indices and commodities
  • Access shares on companies like Amazon with commissions from 0.08%
  • Earn rebates on monthly trade volume when you qualify for Active Trader
  • Lowest trading costs for popular crypto markets

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How to Trade Forex

Currency prices are constantly fluctuating against each other, offering multiple trading opportunities daily

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Why traders choose Forex

No. 1 FX broker in the US

We have served US traders for over 18 years.

Trade 80+ FX pairs, and gold & silver

Global opportunities 24/5 with flexible trade sizes.

EUR/USD as low as 0.2

Trade your way with flexible pricing options including spread only, spread + fixed commission, or DMA.

How to trade Forex

Forex trading is a modern way to earn money by selling or buying foreign currency. The leading players of the largest international financial market are world banks and investment funds. At the same time, and private traders with the help of brokers, companies can get access to trading.

Choosing a broker for trade Forex

On the modern market, there are many brokerage companies and dealing centres. In order not to get confused in this variety, you should choose a broker by clear criteria:

  • how long the broker offers services for online forex trading. Brokerage companies with five years of experience are recommended. One of the longevity of the trading platform Forex - Alpari. The company is 20 years old;

  • brokerage license. License from reputable organizations is issued only to those brokers who have proved the quality of services and honesty with clients. We recommend companies with CIF, FCA, MiFID licenses.

Choosing a broker for trade Forex1

 

One of the leading brokerage firms is:

  • Alpari - 20 years in trading, Relator - IFSC;

  • FinmaxFX - regulator - FSA;

  • FxPro - 13 years in the market, regulators - FCA, CySEC, DFSA.

  • Exness/

Additional options for selection:

  • trade conditions;

  • commission amount - spread;

  • variety of currency pair and other instruments.

Create an account at a brokerage firm

Before starting trading in the Forex market, a trader creates an account on the broker's website:

  • Fills a registration form with name and e-mail;

  • reveals the full name, date of birth, a country with a specific residence address and contact phone number;

  • confirms the user agreement and agrees to the processing of data;

  • verifies the account - provides a scanned copy of the first page of the passport;

  • replenishes the account through one of the proposed payment systems and selects the account type: standard, cent, PRO, etc. The choice of account depends on the spread volume, minimum deposit and available trading instruments.

Tips trading Forex - start trading with minimum deposits and carefully read all the conditions of the account. Optimal amount on the account - from 500 dollars.

  • downloads the trading terminal on the broker's website.

Now forex trader is entitled to start trading according to the chosen strategy.

Strategy and analytics

To determine the currency pair and the need to sell or buy, a trader needs analytics:

  1. technical analysis will show changes in rates in dynamics;

  2. the fundamental analysis explores the impact of politics and economics on quotes.

We advise beginners not to go too deep into analytics: the abundance of terms and exceptions can confuse and reduce possible trading decisions.

Choosing a broker for trade Forex2

 

Dozens of strategies for trading on Forex have been developed. Most of them take into account the main parameters:

  • trading time interval;

  • currency pairs;

  • market entry and exit;

  • the latest news on international currency trading, etc.

  • Without a strategy, trader's operations will be chaotic and inconsistent, resulting in a loss of money or a decrease in the margin. 

When the strategy is defined, the trader opens a trade through the terminal, catches the necessary change in the market and closes the sale - buy with profit.

It is not difficult to start trading on Forex. It is enough to choose a suitable broker and account type, carefully define the strategy and think through the risks.