Level: Beginner / Length: 15 minutes
In this introduction to Forex module you’ll be taken through the basics of the market. We’ll introduce you to the key concepts and terminology and look at who and what is involved in Forex trading.
Forex is one of the world’s most exciting marketplaces: More than $5 trillion a day in hundreds of currencies changes hands every day. It is a truly global business which takes place in every corner of the planet but is also highly concentrated in the world’s great financial centres such as New York, London and Singapore. Modern technology means that anybody, anywhere can join in almost at any time. This course can help you get started. You’ll explore:
- How international factors affect Forex
- The Flexibility of Forex trading
- The main market participants
- The different types of Forex trader
Please note that Saxo Academy is property of Saxo Bank A/S. The materials published on Saxo Academy should not be considered as financial, investment, tax, trading or other advice, or recommendation to invest or disinvest in a particular manner. SCML assumes no liability for any losses resulting from trading in accordance with a perceived recommendation or reliance on Saxo Academy materials. Following or replicating other traders involves risk. Past performance of a trader is not indicative of future results.