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This module introduces students to the fundamentals of the Forex (Foreign Exchange) market and provides the foundation needed to begin their trading journey. Students will learn how the global currency market works, why currencies fluctuate in value, and how traders aim to profit from changes in exchange rates.
The module covers essential Forex concepts including currency pairs, pips, lots, spreads, leverage, margin, bid and ask prices, trading sessions, and different types of orders. Students will also be introduced to the major participants in the Forex market and the factors that influence currency prices.
Course Content
What is Forex Trading?
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Definition of the Forex Market
05:07 -
What is Traded?
03:03 -
Why People Trade Forex
04:04 -
What Succes in Trading Requires
04:38 -
Who Trades Forex
04:19 -
Why does the Forex Market Exist?
03:29 -
How Do Traders Make Money in Forex?
08:09
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