Trading involves buying and selling Financial Products or Services as we all know, but Forex Trading in this finance market plays a crucial role. Because it is the strongest and largest market in the world and has been profitable for many, YES dear traders it is. So in this Blog, we will cover the basics …
So Dear Pro Traders, as we all know, forex trading stands for foreign exchange or currency exchange market. In this market, traders trade in two different currency pairs, for example, EURO/USD, you buy EURO and sell USD. The Forex market is decentralized, and many big financial centers are connected to this market, which means you can trade 24 hours a day and 5 days a week.
Margin is the amount of money required to open a leveraged position in the market. In simple terms, margin refers to the amount of money a trader deposits with their preferred forex broker to open and maintain a leveraged position in the financial market.
The ask Price also known as the offer price is the lowest price at which a trader is willing to sell a pair of currencies in the forex market. It is crucial in the financial market for executing buy transactions and also a key component in the ask-bid spread.
Standard Lot Size: it will be the largest lot size you can trade large amounts of money in a single trade for example the base currency is 1,00,000 Units
Mini Lot Size: Base currency is 10,000 units
Micro Lot Size: Base currency is 1,000 units
Nano Lot Size: Base currency is 100 units (it is very little in common)
Always choose the most reliable forex broker such as Dizicx, as it is regulated by financial authorities.
Always consider such factors as fees, spreads, leverage offerings, and 24*7 Customer Support
Initially, you can start with a Demo Account, So that you can practice on an actual platform but with virtual money, this way you won’t be able to lose your actual money and you can be a Pro by Practicing a Demo Account.
Once you are confident you can choose a live Account and Deposit your funds to operate your trades.
Always examine price charts and utilize technical indicators to predict upcoming price movements these techniques are considered technical analysis.
Analyzing economic indicators, geopolitical developments, and news events to understand market fluctuations, this technique is fundamental analysis.
20, Edith Cavell Street, Level 6, Ken Lee Building, Port Louis, Mauritius
+230 260 0342
[email protected]
20, Edith Cavell Street, Level 6, Ken Lee Building, Port Louis, Mauritius
+230 260 0342
[email protected]
Risk statement: An investment in derivatives may mean investors may lose an amount even greater than their original investment. Anyone wishing to invest in any of the products mentioned in www.dizicx.com should seek their own financial or professional advice. Trading of securities, forex, stock market, commodities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Trading in the financial markets has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don't invest and trade with money which you can't afford to lose. Forex Trading are not allowed in some countries, before investing your money, make sure whether your country is allowing this or not.
You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of Dizicx Limited or any of its affiliates, directors, officers or employees.
Restricted Regions: Dizicx Limited does not provide services for citizens/residents of the United States, Cuba, Iraq, Myanmar, North Korea, Sudan. The services of Dizicx Limited are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
The website is operated by Dizicx Limited; Dizicx Limited is registered under Republic of Mauritius as a Mauritius Authorized Company with registration number 188402. Dizicx Limited under the name of Dizicx Global Limited is authorised and regulated in Mauritius by the Financial Services Commission (FSC), Licence Number: GB23201694. Dizicx Global Limited is registered under Republic of Mauritius with company number: 199905
Risk statement: An investment in derivatives may mean investors may lose an amount even greater than their original investment. Anyone wishing to invest in any of the products mentioned in www.dizicx.com should seek their own financial or professional advice. Trading of securities, forex, stock market, commodities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Trading in the financial markets has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don't invest and trade with money which you can't afford to lose. Forex Trading are not allowed in some countries, before investing your money, make sure whether your country is allowing this or not.
You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of Dizicx Global Limited or any of its affiliates, directors, officers or employees.
Restricted Regions: Dizicx Global Limited does not provide services for citizens/residents of the United States, Cuba, Iraq, Myanmar, North Korea, Sudan. The services of Dizicx Global Limited are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
The website is operated by Dizicx Global Limited; Dizicx Global Limited is an Investment Dealer- Full Service Dealer (excluding underwriting) with company number: 199905 GBC. Dizicx Global Limited under the name of Dizicx Global Limited is authorized and regulated in Mauritius by the Financial Services Commission (FSC). Dizicx Global Limited with company number: 199905 GBC
