Explained for Beginners: Margin, Margin call and Leverage

Margin in trading refers to the amount of money that a trader must have in their account to open a trade. It is a type of collateral that is required by the broker in order to cover any potential losses that may occur during the trade.

Explained for Beginners: Direct and Indirect quotes in Forex

In the forex market, direct and indirect quotes are used to express the price of one currency in terms of another. This is important for traders, as it allows them to easily compare the value of different currencies and make informed trading decisions. A direct quote is a quote in which the price of a foreign currency is expressed in terms of the domestic currency, while an indirect quote is a quote in which the price of the domestic currency is expressed in terms of the foreign currency.

Explained for Beginners: Position sizing in Forex

Position sizing refers to the size of a position in a trading or investment portfolio, as well as the amount of money that a trader or investor is willing to trade with. It helps traders identify the number of units of securities they can buy, allowing them to manage the risk of their trades and increase their chances of making a profit. Proper position sizing is essential for traders who want to be consistent and successful, as it enables them to control the level of risk they take on in each trade. To correctly size their positions, traders can follow a step-by-step guide and test their strategies on a risk-free demo account.

Understanding of the Liquidity in Forex Trading

Liquidity is a crucial factor for traders to consider when trading in the forex market. It refers to the ease with which a currency can be bought or sold without significantly affecting the price. The more liquidity a currency has, the more easily it can be traded, and the smaller the spread (the difference between the bid and ask price) will be. This is because there are more buyers and sellers willing to trade at any given time, so there is less needed to adjust the price in order to facilitate a trade.

Understanding the Currency Exchange Rates

Currency exchange rates are used to determine how much one currency is worth in terms of another currency. Currency exchange rates are used in various situations, such as when people or businesses need to convert one currency to another when traveling or conducting international trade, or when investors are buying and selling currencies as part of their investment portfolio.

Why trade forex?

Why Trade Forex?
There are many benefits and advantages of trading forex, and this is one of the reasons why it has become so popular among traders. Some of the benefits and advantages of trading forex include:

Explained for Beginners: Forex Trading unit--Lot

Explained for Beginners: Forex Trading unit--Lot
In forex trading, transactions are typically made in specific amounts called lots, which refer to the number of currency units being bought or sold. A "lot" is a unit of measurement that represents the transaction amount. When placing orders on a trading platform, the size of the order is often quoted in lots. There are different lot sizes available, including standard, mini, micro, and nano.

Understanding the Forex Pairs & quotes

Understanding the Forex Pairs & quotes
When trading forex, you are dealing with currency pairs, which represent the exchange rate between two different currencies. There are three main types of forex pairs: major pairs, minor pairs, and exotic pairs.

Fundamental concepts of Forex

Fundamental concepts of Forex
What is forex?
What is Forex Trading?
Who is Forex Trader?
What is Forex Market?

What is Commission Rebates

Commission Rebates is a payment rebated to traders for every trade executed. URICH2.com providers refer traders to brokers and share the rebates they earn from every trade made by the client .