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). For a trader in Dubai, Abu Dhabi […]
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 practical order of decisions is […]
Forex trading analysis is the process of examining price data, economic conditions, and market positioning to form a directional view on a currency pair. It divides into three methods: technical analysis (what price has done), fundamental analysis (what should drive value), and sentiment analysis (how participants are positioned). Most guides stop at those definitions and recommend using all […]
Forex trading costs are the charges a trader pays to open, hold, and close a currency position in the forex market. They fall into four categories: transaction costs (spread and commission), financing costs (swap), execution costs (slippage), and non-trading fees (deposits, withdrawals, inactivity, conversion). Most are embedded in pricing rather than invoiced, which is why traders […]
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 […]
