Forex Trading Questions – Answered

Forex Trading Questions asked by All New Traders

When forex traders start out, they all have questions that they wonder about. This isn’t surprising – when you first become a forex trader, it’s a steep learning curve. However, the good news is that most of these forex trading questions are the same from trader to trader, and they’re relatively easy to answer. easy-forex takes a look at some of the most common forex trading questions.

What am I really buying or selling when I trade currencies?

Here’s the surprising answer – you’re not really buying or selling anything. The forex market is mostly speculative, and currencies never actually change hands for retail traders. The only traders who typically exchange currencies – aside from central banks – are corporations. They need foreign currency to buy and sell goods and services, pay overseas employees, and sometimes buy companies in other countries. However, this is only around 20% of the total forex trading market. For everyone else, forex trades are really just data on computer systems.

What is the top indicator that I should use?

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With over a decade of trading expertise and 100,000 fulfilled clients in 160 countries worldwide, easyMarkets will tick all your boxes whether you are a new or experienced trader, affiliate or introducing broker. Trade currencies, commodities, metals, vanilla options and indices from one place without the jargon, complicated offers and confusing terms! Welcome to the exciting world of trading. Welcome to easyMarkets.
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easyMarkets

easyMarkets

With over a decade of trading expertise and 100,000 fulfilled clients in 160 countries worldwide, easyMarkets will tick all your boxes whether you are a new or experienced trader, affiliate or introducing broker. Trade currencies, commodities, metals, vanilla options and indices from one place without the jargon, complicated offers and confusing terms! Welcome to the exciting world of trading. Welcome to easyMarkets.

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