fbWhat is Forex Trading | About Forex | What is FX Trading | IFCM Iran

About Forex Trading

Benefits of Forex Trading

  • No fees or hidden commissions
  • 24 Hour Market Action
  • Ability to trade Dozens of Currency Pairs
  • Customisable Leverage to maximize your profit opportunities
  • Profit Potential from Rising and Falling Prices
  • The Highest Liquidity Compared to Other Financial Markets
  • Access the market from various devices through online trading platforms

  • World Currency Abbreviations and Symbols

    The table below provides complete list of world currencies and abbreviations, their names, ISO Currency Codes (Alphabetic and Numeric Codes) and Currency Symbols:

  • Indicators Forex

    Technical analysis of Foreign Exchange markets is impossible without such instruments as Forex technical indicators. They help to significantly increase the effectiveness of thr research and simultaneously reduce the time spent. It is important to choose the right instrument according to the developed trading strategy and be able to apply it.

  • 10 Golden Rules for Successful Trading

    It is not difficult to become a trader, but an easy start does not mean an easy profit. Trading is a kind of art. The success of a trader depends on many factors, starting from the choice of a broker, the size of the deposit and ending with the psychological attitude.

  • Williams Alligator Strategy

    It must be remembered though that the Bill Williams Alligator is a lagging indicator. Lagging indicators follow the price action and are therefore known as trend-following indicators.

  • What is Forex and How Does it Work

    It’s easy isn’t it? Forex Market offers traders huge opportunities to benefit from fluctuations in the currency markets. The size of the market is really big, but the way the FX Market functions, unlike other financial markets, is quite simple.

  • Why Trade Forex

    Foreign Exchange, commonly known as Forex, is a network of market participants that trade currencies at determined or current prices.

  • Major Currency Pairs

    The group of most actively traded currency pairs are considered as Majors. They comprise the largest share of the foreign exchange market. Forex major pairs are highly liquid, since they are considered to be the most heavily traded currency pairs in the world. Major currency pairs include the most popular currency pairs, available in the market. Major part of the group includes pairs where you can find at once two of the most liquid currencies, such as U.S. dollar (USD), Euro (EUR), Japanese yen (JPY), British pound (GBP), Swiss franc (CHF), Canadian dollar (CAD), Australian Dollar (AUD) and New Zealand dollar (NZD).

  • Minor Currency Pairs

    The group of Minor currency pairs includes relatively less popular instruments as compared to the Major currency pairs. It is composed of currencies of rather local value, which primary liquidity is first of all provided by the world's major reserve currencies: the U.S. dollar and the Euro.

  • Exotic Currency Pairs

    The group of Exotic currency pairs which are characterized by relatively low trading volumes and high spreads includes the least popular instruments available in the Forex market. They consist of currencies which liquidity is almost entirely provided by the main reserve currencies: the U.S. dollar and the Euro.

  • Currency Fluctuations: Trade Forex

    In Forex market investors make profit on currency rate fluctuations. The stronger the rate (quotation) changes the bigger your profit or loss is.

  • Books on Technical Indicators

    According to Bill Williams in order to reach success in the trading field, a trader should know the exact and whole structure of the market. This can be achieved by analyzing the market in five dimensions and taking into account certain Forex indicators.

  • Currency Market

    Compared with various trade markets, the Forex market is 100 times larger than the New York Stock Exchange, and it is also 3 times as large as the bond market and equities market combined. International currency markets consist of commercial companies, central banks, hedge funds, banks, investors and retail forex brokers. It is the market, where participants from all over the world have the opportunity of speculating on different currencies. International currency markets are considered to be extremely efficient, as they are very large and liquid. Currency market is virtual, which means that there is no central physical location that is considered to be the foreign currency market. International currency transactions occur in a global computer network of banks and brokers throughout the world.

  • Forex Chart Patterns PDF

    Trend continuation patterns are formed during the pause in the current market trends and mainly mark the movement continuation.These patterns indicate that the price action displayed is a pause in the prevailing trend.

Interested in Forex Trading

Read our Forex Tutorial for Beginners:

Learn more
Interested in Forex Indicators

Read our Books on Technical Indicators

Learn more