Do your due diligence and make sure you choose a forex broker who can meet your trading needs now and over time. Look for low spreads and fees from a provider in a well-regulated jurisdiction.

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University ...

The forex market can move abruptly and be quite volatile during periods when events are occurring. ... Investopedia does not include all offers available in the marketplace. Read more.

One standard lot is equal to 100,000 units of the base currency in a forex trade. ... Investopedia requires writers to use primary sources to support their work.

Selwyn Gishen contributes to Investopedia and Forex Journal and has written a trading guide for Trade Station. He is the CEO of ProGro Group. Tsuji / Getty Images Trading is the exchange of goods ...

Forex clubs are a generic term and not related to Forex Club, a privately held, for-profit company that provides trading platforms for FX, stocks, commodities, energy, and related instruments.

Can forex trading make you rich? Although our instinctive reaction to that question would be an unequivocal "No,” we should qualify that response. Forex trading may make you rich if you are a ...

What are some things that separate a good trader from a great one? Guts, instincts, intelligence, and, most importantly, timing. Just as there are many types of traders, there is an equal number ...

Plus, using forex within a retirement plan also provides diversification to an investor's portfolio. More broadly, a self-directed IRA allows more control over your retirement investments. Article ...

It isn’t economics or global finance that trip up first-time forex traders. Instead, a basic lack of knowledge on how to use leverage is at the root of trading losses.

The current prices of forex currency pairs are quoted in pips, short for percentage in points. In practical terms, a pip is one-hundredth of 1% (1/100 × 0.01) and appears in the fourth decimal ...

Risks of Trading Forex With Bitcoin . Different Exchange Rates: Bitcoin trades on multiple exchanges, and exchange rates vary.Traders must ensure they understand which Bitcoin exchange rates the ...