So trading forex is easy, right?
Trading forex may seem simple. Anyone can trade currencies on the forex market. You’re essentially buying a certain amount of currency and holding on to it while the exchange rates fluctuate over time, around the globe. When you feel it is the right time, you trade back the currency you were holding on to, hopefully at a profit.
Actually, it’s not that simple.
There are choices, such as spread betting, contracts for difference (CFDs), offer prices, deposits and leverage options to consider, all of which will inform the way you trade on the forex market. Practising with all of these trading options and variables, while actively consuming training materials, is the best way to prepare for live forex trading.