How to trade FOREX
FOREX is the largest financial market in the world. It is larger than all the Stock Markets of the world.
What is traded in FOREX market?
The simple & most suitable answer is “Money”. You can trade US$, Japanese YEN, EUROs & other major currencies.
Trading FOREX is high risk investment especially if you don’t know what you are doing. For this reason most of FOREX brokers offer free practice (DEMO) accounts with virtual money for beginners to learn before they play with real money.
Choose a good FOREX Broker.
Choosing a broker with good track records is very important when it comes to online FOREX trading. I selected eToro. With given virtual cash I already made US$ 700 in 30 minutes. Of course I took high risk leverage (400:1) because it is not real money. eToro is probably most user friendly Forex platform you will find over internet. They accept different payment options including Paypal to fund your real account once you finish your learning process.
If you need more information about FOREX trading I highly suggest you to visit Babypips Forex Training School. It is free.
