Online Forex Trading for Beginners

Although Forex trading is referred to as the financial market where currencies are traded, it also allows trading in commodities, stock market indexes, and stocks. Foreign exchange trade can also be defined as the process of trading a country's currency with another country's currency or giving one type of foreign currency and buying another type of foreign currency at the announced price in return. Although the Forex trading platforms are based on the exchange between currencies, as this market attracts more attention than expected, it is possible to trade in indices related to oil and different stock markets, apart from precious metals such as gold and silver. In this Forex trading market, where only large banks and institutional investors had transactions in the past, with the development of technology and online computer systems, individual investors have also had the opportunity to trade on currency parities. 

Forex Trading Days

Forex trading is a market active 24 hours a day on weekdays. Even if the markets in the country you are in are closing, you can trade without interruption as it will be opened in another country. What you need is the internet, a trading platform where you can enter Forex, and a regulated brokerage firm. Forex trading hours start with the Asian session on Sunday EST 4:00 PM and then European and North American sessions, which are also called Tokyo, London, and New York sessions, and close on Friday EST 5:00 PM.

Best Forex Trading Platform

Forex trading is done through Forex trading platforms such as MetaTrader. You can use the best Forex trading platforms from your PC, tablet, or smartphone, where you can see all market data, open and close positions, and access analysis. Thanks to FairMarkets, you can easily manage your Forex trading account from a single screen and access market analysis, as well as carry out your Forex market trading transactions. You can also monitor each trading session of Forex simultaneously and make your investments accordingly.

Profit from Price Changes

The basis of Forex trading strategies is based on taking advantage of price differences in investment instruments. To win in a Forex trading platform like MetaTrader, where you will gain profit by performing advantageous transactions, you must first develop your dominance over the Forex trading market. It is true that thanks to its leveraged structure, it provides high-profit rates with a small investment, but instead of instant decisions and emotional approaches, expert analysis and the power of experience should be trusted. Those who aim to gain in a controlled and gradual way are among the winners of live Forex trading.