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What is Forex Trading?
Forex trading is essentially the trading of Foreign Exchange. That is where the word comes from. Now we don't mean how our grandparents would have traded currency, or even how many people still trade by going to the bank or other exchanges and paying huge fees to buy foreign currency. Today, we trade from our mobile devices or computers from the comfort of our homes or wherever you are.
It's not just about the money. Don't get me wrong, the money is great. But taking control of your own time so you don't have to sit in an office and watch a clock all day is priceless!
It's about securing not only your future, but also your time now. If you are fine with sitting in traffic for an hour each day, having a job that you don't enjoy, being too tired on weekends to go out and have fun then good for you. Trading is for people who want more out of life.
How is money made trading Forex?
In the simplest terms, we make predictions and we spend money based on those predictions. There are many tools traders use to make these predictions, from analyzing charts to following major news events.
As an example. Imagine you were reading that England will take a hammering due to some major news coming out (example, Brexit). But then you read that Australia is getting a lot of interest from international investors and their currency is going to get stronger. So we say that the GBP is getting weaker and AUD is getting stronger. So we sell GBP and buy AUD.
Once we see that the movement has happened we close our trade and cash in! It is a bit more complicated than that, but you will learn about it all in our free online training.
Meta Trader 4
JP Markets offers the award-winning Meta Trader 4 software as our primary Forex trading platform. It is incredibly powerful, customization for advanced users through the MQ4 programming language and comes with everything you need to start trading immediately. We cover all the costs so you don't pay a cent to use this amazing software.
Why JP Markets?
JP Markets is a brokerage created by traders, for traders. So we have a host of features that all professional traders need!
- ECN or STP Accounts
- Low Spreads
- Instant Deposits Through the Portal
- Fast Withdrawals
- Meta Trader 4
- Custom JP Markets App
- Stable and Secure Servers
- Massive Choice of Instruments
- Stocks and Crypto Currency Available
If you have more questions, then feel free to browse the site or fill out the below form and someone will make contact with you shortly
Or if you're ready to start trading, fill out the below form and being your new future today with JP Markets!