Learn forex: What’s currency trading all about?

The currency market or foreign exchange market (also known as the forex market for short), is one of the largest markets in the world and operates on a global scale.

On the currency market, one currency is traded for another simultaneously. The aim of the game is to speculate exchange rate price movements to make a profit.

Because the currency market spans across the globe it’s in operation 24/7, so you can trade anywhere, any time.

The importance of learning from a professional trader and not a theorist

Which is the best base currency for Forex trading? US Dollar? Australian Dollar? NZD? Japanese Yen? Or the British Pound?

What impact do stock market movements and central bank decisions have on foreign currency?

Many people eager to learn how to trade currency fall for trader software companies or currency trading theorists who don’t actually have any practical experience trading on the forex market.

These people lose their steam before they even begin as they are unable to work the complicated software and the theory that they’ve been taught doesn’t quite match up to how trading really works. If you want to become a successful currency trader you need to learn from seasoned professionals who have succeeded in trading on the currency market.

At Learn to Trade, we believe that the only way to ensure our clients achieve success on the Forex market is to provide them first with the background knowledge and expertise required, using Forex strategies to trade successfully, then give them the opportunity to be mentored and guided by a professional trader in a real-life trading environment. We have a live trading floor in our office, so you are right where the action is, throughout your learning experience.

Do you want to start trading today? Stop putting it off and take the next step to live the life you’ve always dreamed of. Contact us now to speak to one of our Forex trading education specialists and ask us about our online trading account.