The forex FXCM Markets, also called FX or foreign currency exchange markets, has become the largest global financial market. It has risen to more than US$3.5 TILLION in trading volume worldwide. Forex trading was traditionally restricted to only the biggest financial institutions and international conglomerates.
Forex trading covers all of the countries in the world. It is available 24 hours a days, giving traders the freedom and flexibility to trade whenever and wherever they choose. As the global workplace changes, forex trading is increasingly popular. People value time and freedom. Many don’t want their lives to be dominated by the stress they experience at work every day.
But if you are new to forex trading with little knowledge and no funds, the initial learning curve may be even more stressful. If you’re able to find a helpful and knowledgeable forex course that you can attend, you will find it easier. You can learn how to set-up your trading platform, which ones are best, how to configure your laptop, and even basic trading strategies that can make you a profit. It would also help if you had some tips to avoid common mistakes that currency traders make.
Even if you have limited funds, it is hard to afford to make a mistake when trading your first trade. If you do that, you can easily wipe out your account in the first three month.