Forex Terminology

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Below are some of the more frequently asked questions relating to commonly used forex terminology traders ask before starting to trade forex. What is an ECN Broker? IC Markets is a True ECN broker offering spreads from zero pips using an electronic communications network (ECN) which aggregates liquidity from over 50 different banks and dark pool liquidity … Continue reading Forex Terminology

History of the Forex Market

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Foreign exchanges markets we first developed to facilitate cross border trade conducted in different currencies by government, companies and individuals. In the early days the foreign exchange markets primarily existed to facilitate the international movement of money, however even in the early days there were speculators. These days a large portion of the Forex market … Continue reading History of the Forex Market

Forex Market Basics

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How Does Forex Trading Work? Forex trading is similar to trading share or futures except that when trading forex you are buying or selling one currency against another. One of the key advantage forex trading has over other financial instruments is that relatively small lot sizes can be traded, lot sizes can be as small … Continue reading Forex Market Basics

Common Order Types

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The three main types use in forex are stops, limits and market orders. Depending on whether you want to be a buyer or seller, above or below or at the market price will determine which of the below orders you should be using. Stop buy           buy order above the current market price Limit … Continue reading Common Order Types

Getting Started

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Learn about the forex market in our 10 step educational guide, watch interactive videos and lean about how the the forex market works. Next Article