How do you earn profit in Forex?
Trading Forex simply consists of buying and selling different currencies that constantly fluctuate in value. For example, if you buy the Euro against the US dollar while the Euro is performing strongly, or “bullish”, you as a trader can take advantage of that situation by selling it back for a higher value. However, if the Euro depreciates in value, you will only be able to sell for a lower price.
- Trading consists of a mixture of prediction and analysis in the hope of capitalizing on market fluctuation. Forex traders can take advantage of both “bullish” and “bearish” periods.
- Even though you have US dollars in your account, you can buy or sell other currencies during the market hours.
Example of making a trade
For beginning traders, we offer a Demo Account that is very similar to a Live Trading Account. The difference is that you don't have to deposit your own money. A Demo Account is the best way to see everything with your own eyes, understand the rules of trading, and learn how to make money in Forex.
If you are ready to work with a live trading account
Open a trading account, make a deposit, and start trading in the Forex market. Before opening an account we recommend a reading our Trading terms and conditions.