Frequently Asked Question

It provide education for starter traders and suitable for anyone who is keen to learn more about financial market investing, such as forex, stocks and crypto trading. Whether you are a full beginner or a seasoned trader, our courses and training materials offer the full experience.
Forex, Foreign Exchange Market, is an international exchange market where currencies from all around the world are traded. It involves buying and selling different currencies of the world. Forex market is the largest trade market in the world, yielding $1.9 trillion daily. It is traded all around the world but United States, Japan, United Kindom, and Europes have the most active Forex traders.
Until a few years ago only the “big boys” could play this game. The initial requirement was that you could trade only if you had over ten million dollars. The foreign exchange was originally intended to be used by bankers and multinational corporations. Forex was opened to everyone during the late 90s. It’s the number one market in many different aspects. It is the most liquid, largest and fastest growing financial market in the world. Trading forex attracts many new investors because of its huge leverage and low start-up capital requirement. Most firms let you start with a mini-trading account with a measly $250.
Forex is often traded in pairs, for example USD/Euro, USD/JPY, Euro/JPY, GBP/CHF, and CAD/USD. You get 'short' in one currency and you will get 'long' in the other one. Unlike conventional stocks market, Forex trading does not have a centralized trade market. It is considered as Over-the-Counter or Inter-bank as trades are done between two counterparts via electronic network or telephone connections. Forex works truly as a 24-hour market. Everyday Forex trade begins when the financial centers in Sydney start their day, and moves around the globe to Tokyo, London, and then New York. Traders can always response to the market regardless of the local time.
The risks of losing money in Forex trading is high, but it is controllable via proper education and trading system. Trading system is a must in Forex trading. Charts, graphs, or pivot points are handful to indicate the right time to enter or exit the market. An 'automated system', such as make your easierAs in any trade market, discipline, control of emotion, and money management are the traits needed to be succeed in Forex trading. Rewards in Forex trading can be very lucrative if traders manage their risk nicely. One benefit to using our recommended brokerage firm is that they guarantee fills at your Limit and Stop-Loss order prices with no slippage. This means you can have total control over the amount you risk on each trade. But remember, FOREX Trading is speculative and any capital used should be risk capital. In fact, we recommend that you trade on a demo account until you have shown profit for at least three consecutive months before trading real money.
Forex and conventional stocks are different type of trading. When trading Forex, most trader's objectives are to predict short term movement in the currency exchange values. Most Forex tradings are done in day-trading style where traders will buy and sell in the same day. Different from Forex, stocks and mutual funds trading are more to long term style where trades may last for years or even decades!
Major traded currencies are United States dollars, Australian Dollars, Japanese Yens, British Pounds, Swiss Francs, Canadian Dollars, and the Euro Dollars.
According to Wall Street Journal Europe, 73% of the trade volume is covered by Deutsche Bank, who covered 17% of the total currency trades; followed by UBS, Citi Group, HSBC, Barclays, Merril Lynch, J. P. Morgan Chase, Coldman Sachs, ABN Amro, and Morgan Stanley.
It does not need a lot to start trading Forex: a funded Forex account and a computer with Internet connections are basically sufficient for you to start trading foreign currencies. However, proper Forex education and systematic trading tools are highly recommended to minimize your risks in Forex market. Also, beginner traders are advised to start off their trading in Forex with a demo account first. A demo account is an account set up with 'play' money for the purpose of training and shapen your trading skills. It's free to open a demo account with most of the Forex online brokers and it does not risk your real money in the trades.
Most forex brokers usually offer 100:1, but higher leverage such as 200:1 also available at Forex.Com. A 100:1 leverage means that with $1,000, you control $100,000 of currency. No other market gives you so much liquidity and leverage at the same time.
Margin is essentially collateral for a position. It allows traders to take on leveraged positions with a fraction of the equity necessary to fund the trade. In the equity markets, the usual margin allowed is 50% which means an investor has double the buying power. In the forex market leverage ranges from 1% to 2%, giving investors the high leverage needed to trade actively.
Not at all! Successful active traders come from many different professions. Very often, people who are very successful at school or at their businesses wrongly believe that their success will be automatically transferred to forex trading. It's usually not the case. Active trading has its own learning pace and our Go-School education will prepare you to enter this exciting field.

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