How Forex Works. Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. There are two main ways to analyse the market: fundamental analysis and technical analysis.
Without proper analysis, all you would be doing is betting on the outcome of a trade. To find a good trade setup, Forex traders need to analyse the market. The main difference is that forex trading is done in pairs, such as EUR/USD (euro/U.
Forex – How it works: analysing the market.
Institutional Forex is the largest of the two.
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Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. Take a closer look at everything you'll need to know about forex, including what it is, how you trade it and how leverage in forex. The main difference is that forex trading is done in pairs, such as EUR/USD (euro/U.