Monday, January 22, 2018



FX Leader's Introduction to Forex

Here you'll find all you need to know to start taking advantage of online trading!
Have you been looking for:
A better way to invest your money?
New ways to make big money fast?
High returns on investment?
A dynamic, fascinating market?
If you answered yes to any of these questions then you’re in the right place: Welcome to the Forex Market!
forex foreign exchange
FX Leaders's introduction center was created with one purpose: to make you a successful trader. Whether you’re a beginner, a seasoned trader, dabbling at a hobby, or a round the clock trader, we can help you achieve your goals.
The Forex market is by far the largest trading market in the world! Forex traders include banks, commercial firms and people like us - private traders who want to take advantage of these markets for themselves without the hassle and fees of the banks. To begin trading you need to choose a broker, open an account and deposit the amount of money you choose to trade with. You’ll then get access to a trading platform where you can execute all your trading activity.

Every day the forex market offers endless opportunities to make significant profits because of the continuous movements in foreign currencies.
High volatility, liquidity and leverage make this market a golden egg for those who know how to exploit it. If you are a newcomer to trading, feeling clueless, or lack the confidence to start: don't sweat it. Anyone can trade. That’s the beauty of the Forex market. Its power is in its simplicity. It may seem complicated but it doesn’t need to be. The truth is that Forex can be simple, you just need to invest in understanding how it works, and start using the right tools to help you trade well.

To really take advantage of online trading, you need to use the knowledge and wisdom of other successful traders. This exactly what we do at FX Leaders: we are a group of successful traders, helping new traders like yourself to take advantage of the Forex market. Follow our strategies, get our market insights and alerts, and learn from our knowledge and experience – and you’ll be on your way to success.

A world full of opportunities

The foreign exchange market (Forex) is the largest and most traded market in the world. Banks, commercial companies, brokers and private traders all use it as a short and long term investment channel. Traders use online trading platforms, offered by brokers to execute their trades. In order to start trading all you need to do is open an account and deposit the amount of capital you wish to trade.good economy

What happens in the Forex market is directly related to the economic, financial and political news from around the world. Every day it offers endless opportunities for high profits, as a result of the non-stop movements of the different currencies.

If you have been looking for an efficient and smart way to invest your money instead of letting it rest and lose value you are in the right place. Forex lets you leverage your investments as you wish to. If you’re looking to combine attractive investment opportunities with the most dynamic, interesting market there is today, then look no further!

So what exacly is Forex

Let's make it simple: imagine you’re flying on a business trip from NY to Munich. After arriving at the terminal, you swap dollars for euros and just like that you execute a Forex transaction. A few days later, on your way back to NY, you exchange the remaining euros for dollars, but at a slightly different rate then the one you got the first time. In your second transaction you executed an opposite action to the first and so closed a circle of buying and selling a pair of currencies.
Trade on EUR/USD

That's how Forex trading works! Simple, right?
Forex is the buying and selling of currencies. Forex transactions always include two currencies — one is purchased while the other is sold. For example, in a Forex transaction, euros (EUR) may be purchased while US dollars (USD) are sold; or Great British pounds (GBP) purchased while Japanese yen (JPY) are sold. The two currencies involved in a transaction are considered a currency pair (e.g., EUR/USD or GBP/JPY) and each pair has an exchange rate.

Imagine the 2 currencies as a couple of heavy weight boxers, fighting an endless struggle. When one of them is ahead, the other is always behind, so first one, then the other, weakens and then gets stronger again; and on it goes forever. Each currency is indicated by a 3 letter symbol (the first 2 letters are the country it represents and the third comes from its name). For example, USD indicates the U.S. Dollar. The most traded currencies in the market are the USdollar (USD), the euro (EUR), pound (GBP), yen (JPY) and the Swiss franc (CHF).


The goal of Forex trading is similar to the goal of stock trading: "buy low and sell high."

Currency exchange rates fluctuate throughout the day, providing traders with the potential to profit from these movements.

Advantages of Forex

There are many advantages to trading Forex:
Markets stay open 24 hours a day, 5 days a week, all over the world!
No commissions nor taxes on opening and closing accounts.
Be the master of your own fate: execute trades for yourself, when you want.
Start trading with almost any amount (25 dollars and up!). The market is accessible to anyone.  
No force in the world is strong enough to manipulate the Forex market: it’s just too big!
Never get stuck in a trade: there are always buyers and sellers so you can always close a trade you’re done with.
Limitless profit potential even on small investments! Thanks to leverage it’s possible to make huge returns in Forex.

Trading sessions and hours

There are 4 global centers for Forex trading, which follows the sun from east to west; from Sydney (Australia) to Tokyo (Japan) then London (Great Britain) and finally New York (USA).
sessions hours. there are four sessions: London, NY, Sydney and Tokyo

The best times to trade are when markets are frantic. During these times, volatility is higher, trends are stronger and more money is changing hands. We call these hours "Volume Hours". The busiest session is the European, London session. Money movement is the highest. Busiest trading hours each day are 13:00-15:00 GMT (during these hours both London and NY sessions are open), and 8:00-9:00 GMT (both London and Tokyo sessions are open). Most action takes place when 2 sessions are open simultaneously and in particular London/NY. The closing hours of the London session are usually very busy and characterized by strong and powerful trends.
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