What exactly is FOREX (FX) and how does it work?
The Foreign Exchange market or FOREX is the global market for currency trading where one currency is exchanged for another. And the exchange rate between two currencies plays very important role, as you might suspect. Forex never sleeps. Trading is on 24 hours a day, 5 days a week. Except the weekends.
Forex Trading Webinars
Before you decide to dive into the labyrinths of the Forex world, please take your time to learn some basic skills!
Believe, this will save you a ton of money and time!
As we understand and value importance of education, and your ability to learn risks and be ready to face every day of trading experience, to your benefit now we offer a list of Forex Trading Webinars.
This list is consistent of upcoming Forex Webinars, Workshops and Trading Events provided through various brokers and their educational teams.
Webinars will allow you to learn the fundamentals of Forex trading, understand trading psychology, discover strategies, get numerous superior practices and most important interact live with leading Forex experts!
All listed webinars offered only by the reputable Forex providers and world regulated brokers. Here you can check Regulated Forex Brokers List.
Walk through main sections of Forex trading basics.
Find all Forex Brokers on our website with Reviews and Ratings.
Our mission is to fact the Broker’s offering points that will help while choosing the best suitable Broker to your own trading needs. Our Forex broker list is updated on a regular basis and includes Regulated Forex Brokers and Brokers to Avoid.
Fund security is always first in Forex trading, that’s why we recommend opening an account with well-regulated brokers and avoid unregulated brokers at all cost!
If you cannot find a particular broker submit your inquiry or Ask us here
Frequently asked questions about Forex
✔️ Can I trade Forex without a broker?
This may be the first question you would ask, as indeed Forex Market, FX or Currency Market is the largest global non-centralized exchange where trading process performed electronically via networks. While main Forex participants are international banks and financial institutions operating huge volumes through a need to exchange currencies, presented as currency pairs, and assist international business with the conversion which is known as the interbank market.
Therefore, in order to trade Fx you should be authorized dealer to do so, as well as operate a quite sufficient amount so before Forex Brokers were introduced to retail traders and global community it was not possible for trade markets. For this reason, Forex Trading Brokers are the companies or agent if you like that gives retail Forex traders access through its platform to operate Forex Market and trade various markets including Commodity Futures, Indices, Bonds, etc.
✔️ Do I need license to trade Forex?
So this is another pleasant and great opportunity which is given by Forex Brokers, as you may access trading without financial or dealer license. Moreover, there are hundreds of opportunities with a relatively small investment which allows you to trade Forex, do technical analysis and analyze markets almost instantly.
✔️ Are Forex Brokers regulated?
And now we will check the most crucial question if Forex Broker can be regulated, since the market is decentralized, and is it safe to trade Forex? Obviously, this is the biggest trump you may fall as a retail trader if you choose a non-reliable, mainly non-regulated or offshore firm without a proper license you may easily fall into a scam and lose money.
So due to increasing demand and mainly that traders got no easy access to trading or financial education, the world countries established particular organizations or authorities in order to oversee the market proposals and regulate Forex Broker firms. So yes, Forex Brokers are regulated while holding a license from a local authority alike world known FCA in the UK, ASIC in Australia, Commodity Futures Trading Commission CFTC in the USA, MAS in Singapore and more.
✔️ What does a regulated broker mean?
The whole concept of regulation is to oversee Forex business in a particular country or region, protect clients and ensure safe conditions while trading Forex. So in simple words, regulated broker means a safe and legit broker that is compliant to various rules and criteria set by the international authority with the purpose to provide secure trading and good customer service. So its trading environment and provided services like technical analysis, education and tools are also aligned to the best practices.
In addition to its constant check on the service providing, authorities protecting clients throughout compensation schemes and other security checks, however, these conditions may vary from the regulator to another.
✔️ How do I know if my Forex Broker is regulated?
In order to check if Broker is regulated or not, you should verify this information through the official brokers’ website first, as regulated companies always provide its licenses. And the next step is to verify a license through the official regulatory website. However, in our Forex Broker Review you will find all the necessary information and license check as well.
It is a fact, unscrupulous brokers may easily fake information and assure you of its license while its not true, so always verify information through the official source. As well, adhere to trade with brokers regulated in serious jurisdictions, not the offshore once, as they luck of strong regulation, requirements and necessary safety measures.
Read more by the link Why avoid Brokers from St Vincent & The Grenadines.
✔️ How to choose Best Forex broker?
Security of funds is always first in Forex trading, for that reason, we recall your attention to open an account with Regulated Brokers only. Making it simple, regulated broker means that you will trade Forex with proper security of funds and investment itself, so first of all Good Broker is a sharply regulated broker.