The creation of the gold standard monetary system in 1875 was extremely significant in the history of the Forex currency market. In this introductory lesson, we will bring you into the world of Forex trading, the foreign exchange markets, and what trading Forex is really all about.Īdditional Reading about What is Forex TradingĪn introduction to Forex trading must contain a bit of history. It is important to try to understand the basics from the beginning so the aspiring trader can answer the question 'What is Forex?' beyond simple currency exchange. We begin with an introduction to Forex trading and the world of the global Forex market. This course will provide the background needed to understand our more advanced courses in Forex trading. We will also review the many reasons why someone might trade Forex rather than a different investment vehicle, and detail both the advantages and disadvantages of this type of trade. What is the base currency and what is the quote currency? How do global Forex markets interact? We will discuss how currencies are listed in the Forex markets. We will take you from a simple explanation of how Forex works to the selection of the various currency pairs that make up Forex trades. You will learn what Forex trading is all about, why someone chooses to trade Forex, and what actually happens when you make a Forex trade. In our first course, you will be introduced to the world of Forex trading.

Forex trading courses cost