The essence of Forex trading is very simple. You
exchange one currency for another when its price is low and then
exchange it back when the price is higher and by doing so, you make
profits. This simple tool shows you the mechanics of it. Note, in
this example, the default leverage is 100:1 which means that each
dollar in your account goes as 100 dollars. Higher leverage
increases your profit potential, but also the risks of trading. In
the actual trading account, you will be able to determine the
leverage size of your trades.
To see how Forex works, please select a currency that you think
will go up and click Buy. Then wait few minutes to see how much
money you will make or loose on such trade with current market
quotes.
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