EDUCATION – INTRO TO FOREX

Step Into the World’s Largest Financial Playground

Welcome to the Forex market — where over $5 trillion changes hands every single day. Bigger than Wall Street and open 24/5, Forex trading is your ticket to a fast-paced, global game once reserved for the big leagues. Now, it’s yours to play.

Currency Pairs: Where the Action Happens

Every trade is a face-off between two currencies. The first is the hero (the base), and the second is the challenger (the quote).

When someone says "EUR/USD is climbing," that’s the Euro flexing on the Dollar.

Meet the Players:

• Majors: The global powerhouses (EUR/USD, USD/JPY, GBP/USD).
• Crosses: Ditch the dollar, mix other majors (EUR/GBP, AUD/JPY).
• Exotics: High risk, high reward—emerging market matchups (USD/ZAR, EUR/TRY).

Bid, Ask & Spread: Know Your Numbers

• Bid: What buyers are willing to pay (you sell here).
• Ask: What sellers are asking (you buy here).
• Spread: The small difference = broker’s cut

Think of the spread as the price of admission to the trading arena.

Lot Sizes: Choose Your Weapon

Lot sizes determine the scale of your trades, whether you’re going big or testing the waters:

Lots	No. of Units
Standard	100,000
Mini	10,000
Micro	1,000
Nano	100

Leverage & Margin: Power Boost or Double-Edged Sword?

• Margin: Your entry fee to open a trade.
• Leverage: Amplify your buying power (but play it smart—more risk, more reward)

Rollover (Swap): Earn While You Sleep… or Not

Hold trades overnight? Depending on interest rate differences between the currencies, you could earn a little extra—or pay a small fee. Either way, it's a factor worth watching.

Ready to Dive In?

With the right platform, real-time insights, and powerful tools, the Forex market becomes more than numbers—it becomes opportunity.