Forex trading is the simultaneous purchase of one currency and sale of another to profit from changes in the exchange rate between the two. Forex trading takes place in the foreign exchange market, the largest financial market in the world, with a daily turnover of $9.5 trillion in April 2025 according to the Bank for […]
A forex trading strategy is a structured set of objective rules that tells a trader exactly when to enter a position, when to exit, how much capital to commit, and how much risk to accept on each trade. Trade signals, position sizing and exit conditions are defined in advance, which converts trading from a series […]
A forex trading platform is the software that connects you to the currency market: it displays live prices, renders charts, executes your orders, and tracks your open positions. The broker provides market access and pricing; the platform is the interface you actually work in. The same platform can be offered by dozens of brokers, so […]
The forex market runs 24 hours a day, five days a week: it opens with the Sydney session at 22:00 UTC on Sunday and closes with the New York session at 22:00 UTC on Friday (one hour earlier, 21:00 UTC, when the US is on daylight saving time). There is no central exchange with an […]
