WARNING: Trading is high risk and you could loose your money.
It is important you learn before you earn
Forex means Foreign Exchange, it involves buying and selling of currencies. Forex has the highest volume of trade in the market as people, companies/businesses located in different countries engage in it. Some currency pairs are believed to be more active and volatile than others depending also on the volume; this plays a huge role in influencing the movement which in turn may affect your trading outcome. You must study currency pairs and other factors which may impact your trading result. For instance, factors like the time of the day, awareness of different time zones, trading sections and location.
To trade more effectively it is advisable to do a thorough technical and fundamental analysis as well as monitoring the economic calendar. Apart from all this human psychology comes into effect, your mindset can affect your trading. Please go to the trading book section and body of knowledge to find out more (books like trading in the zone and trading for a living would give an idea on how psychology can influence trading).
There are many forex brokers, we are currently working on shortlisting them, to give you a good trading experience. Also remember that trading is high risk, you must always learn before you earn
How to start with IQ Option
One Broker we have analysed is IQ option, which offers so many trading instrument and forex is one of them. IQ option is one of our top broker because of what they offer. They are reliable and offer a good trading experience and the good thing is that you can get your money out! After making your profit.
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Olymp Trade
Olymp Trade, just like IQ option is another broker we have analysed, the also offers so many trading instruments, with forex being one of them. Olymp Trade is one of our top broker because of what they offer. They are reliable and offer a good trading experience and the good thing is that you can get your money out! After making your profit, just like IQ Option.
Please be aware that country restrictions apply, the following excluded countries are not allowed to trade on the IQ Option platform, among other brokers. Some accept traffic from all the countries, excluding Australia, Belgium, Canada, Iran, Israel, Japan, Latvia, North Korea, Pakistan, Palestine, Russia, Sudan, Syria, Turkey, and the USA among others.
If you are in the listed countries, we would provide a broker who works with your country. Research are being made to identify other trusted brokers.
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
Binary options are prohibited in EEA