What is Forex?

Forexrefers to all international markets where foreign exchange is traded, by utilizing the exchange rate between one country's currency and another country's currency. Forex market is one of the largest markets in the world, offering leveraged trading opportunities to its investors.

Is Forex only currency transactions?

Although forex literally means currency exchange, transactions are made in hundreds of products such as gold, silver, oil, coffee, wheat, as well as foreign currency, that is, currencies of different countries.

How to trade in Forex?

In order to trade in the Forex market, you can open an account with a brokerage house of your choice, and then you can trade from your computer, tablet or mobile phone wherever there is internet with the collateral you deposit.

How is Forex different from other markets?

The biggest difference of the Forex market from markets such as the stock market is that it can be traded in two directions. E.g; In order for the investor to make a profit in the stock market, he must first make a purchase on that product. In Forex, you can both buy and sell the product you want with your collateral.

You can profit from the appreciation or depreciation of a product.

What are the trading hours in Forex?

The Forex market is not tied to a single center like other markets, that is, it is an over-the-counter market. Sunday night 00:00It opens on Friday night 00:00Close 5/24 weekdays open.

How can I gain experience in the Forex market?

Forex is an attractive market with many advantages, but if you are new to forex, it is possible to gain experience without losing. For this free trial account (demo account) You can open it. The demo account has a virtual balance, but the prices of the products are real and you can get experience by trading here for a while.

The demo account is very useful for the investor to get to know the market, it allows you to see the risks and gains clearly.