Forex Trading Basics | How to open a demo account and how to use meta trader MT4 platform
Forex Basics – How to open a demo account and how to use forex meta trader (MT4) platform
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“How to Start Forex Trading in 2020″… This is one of the most common questions i get asked over social media.
In this Video you can learn how to open a demo account and use it forever !! and how to navigate through Forex MT4 Platform. How to open new Charts how to customize Charts Navigating between different Time Frames How to place and close orders and see Account History how to draw the lines …. etc.
“What is Forex”:
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.
Forex trading has a steep learning curve. Read to learn the basics of currency pairs, how the forex market operates, and details on market pricing.
Unlike a stock market, the foreign exchange market is divided into levels of access. At the top is the interbank foreign exchange market, which is made up of the largest commercial banks and securities dealers. Within the interbank market, spreads, which are the difference between the bid and ask prices, are razor sharp and not known to players outside the inner circle. The difference between the bid and ask prices widens (for example from 0 to 1 pip to 1–2 pips for currencies such as the EUR) as you go down the levels of access
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Forex Basics – How to Use Forex Meta Trader (MT4) Platform in Forex Trading
Disclaimer: This video does not represent “Forex – How to Install mt4 and open demo account” officially. This video tutorial is solely for educational purposes only.
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