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✅ WHAT IS FOREX ?

Welcome, dear visitor, to the world of stock exchanges and online money markets. It is the world of forex, which is the trading of currencies on the stock exchange with margin system online. We would like to tell you that if you learn the art of forex speculation, you may become a millionaire and why not, your dreams and ambitions may become reality after a period of time, and nothing is impossible in this life if your determination and determination to succeed is strong.


FIRST: INTRODUCTION TO THE DEFINITION OF THE STOCK EXCHANGE:

The stock market has been known to trade stocks and shares for a long time. It is the place or market where speculators and short and long term investors come together to speculate in the market in the hope of making high profits according to their expectations. It is where stocks are bought and sold. Commercial markets in all countries of the world, and companies enter them to offer their shares to people, so that they can buy them and start speculating.


There are many types of exchanges, there is the stock exchange and the stock exchange, the gold and silver exchange, the oil (black gold) stock exchange, etc., and the currency exchange, which are the most important and best. every one of them. Forex.


MARGIN SYSTEM:

Margin trading system is unknown to many people and they think it is only for the rich! Note that this system has been widespread for a long time and in all countries of the world, but unfortunately it is known to the few who managed to make millions!! Perhaps this is due to the lack of knowledge of many young people, the secrets of the stock exchange, and the lack of educational means to spread this terrible science among young people. Many believe that working in the stock exchange is only for businessmen and millionaires!! Dear visitor, this is a misconception in which many fall! Where a very ordinary person, even with a limited income, can enter this terrible field!! How is that ? Dear visitor, you can start with a capital of at least one dollar only. You can start with $5, $10, $50, $100 or more, depending on your ability and budget, but of course it is better to start with a minimum capital of $2000 to feel the big profits.


The majority of world stock exchanges are traded on the sidelines (which is unknown to many young people) and in this way any ordinary person, even if their income is low, can trade multiples of their capital. And the margin system, which is the margin is the financial leverage that enables you to invest large and huge amounts in return for paying a simple security amount * for example $ 1000. $1,000 to enter the market as if you have the entire $100,000, the benefit is that you will profit from the high price, here we find that the point is $10, and most companies give you a leverage ratio of 1:100, that is, you will enter the market with only 1% of the amount you want . Wants. Trade in fact, to understand more please read the following example


** Security Amount: It is a mortgage that the client pays to be able to trade on the margin system, bearing in mind that the amount he is trading with from the company is not a loan.


A REAL EXAMPLE OF WHAT IS HAPPENING IN THE GLOBAL CURRENCY MARKET FOREX:

The system of work in the market takes place in currency pairs, that is, you enter one currency against another,,


Let's say you want to trade and enter by buying EUR and USD, and it looks like this:


EUR/USD, and this pair is: the euro currency is the base currency and the dollar currency is the currency in which you will buy the euro. How is that ? Suppose you have a capital of $10,000 (ten thousand dollars) and you will enter the market with 10% of the amount (we advise not to enter more than this percentage), i.e. you will enter $1,000 of your own money, which will be the security deposit, you will trade $100,000 (One hundred thousand dollars), note that the margin is at a ratio of 1:100, that is, you will enter the market to speculate with $1,000 as margin, as the brokerage company will give you $100,000 to deposit only $1,000, that is, 1% or the so-called margin, or leverage You will actually benefit from any market movements in your favour, because you are trading $100,000 as if it were with you in the market and you will profit when the price goes up.


For example, if you bought from the price 1.8000 and the new price became 1.8100, this means that you gained 100 pips, the pip here in this case = $10 (a pip in the market = 1% of the amount you entered, if you enter $1,000, the pip will be $10 and so on) and since the price went up by 100 pips, that means you won $100. You can enter your account immediately by closing the deal manually or automatically as you wish. Note that you can make a profit of $100 in just seconds, this is for buying, and vice versa for selling, you can also profit when you open a sell contract in the forex market.


WHY WORK IN THE STOCK MARKET AND FOREX IN PARTICULAR ?

Because we see that this is the future trade for young people looking for serious work, and working in the field of forex or the so-called forex trading has spread in a terrible way globally and has become the best market with high liquidity in the world and if you master this work, dear visitor, you can count on it as a basic monthly income for you and your family. The essence of the business in currency exchange is that you buy a currency at a low price and then sell it at a higher price when the prices rise, thus making a profit and vice versa. This is the essence of working in foreign exchange. At the moment, indicators and statistical news indicate that online millionaires have already appeared who started with a very small amount of this trade and in a very short period of time, but beware, this area also has a loss.


SO WHAT IS FOREX ?

They are traded in the global currency market, especially the currencies of major economic countries such as the United States, Britain, Switzerland and Japan. The currencies of these countries are among the most widely used global currencies in the forex market. These currencies are affected by the rise and fall of political and economic events of major economic countries, in addition to the possibility of trading in the precious metals and oil market, noting that technical analysis (following the charts) is an integral part of market analysis. Technical analysis is very important in any stock exchange in the world.