Beginner Trader

 

No experience and you do not know how the financial market is organized, how you can find the

best assets to place your positions than you need to start from the very basic of concepts and

strategies.

Learn basic topics about forex, platforms and trading.

If you are new to the markets, start here.

What is Forex?

Which Forex Pairs Can You Trade?

Foreign exchange market ( FX for short) is

that part of the market where you can trade

currencies. T o put it simple, a foreign

exchange transaction might be, for example,

when you transfer your local currency to a

new one for an upcoming holiday. Across the

market as a whole, an estimated 5.3 billion

USD is traded every day between

governments, banks, corporations,

and speculators.

Major currency pairs are made up of the most frequently traded

currencies, which are:

•     USD - The US Dollar

•     EUR - The Euro

•     JPY - The Japanese Yen

•     GBP - The British Pound

•     CHF - The Swiss Franc

•     CAD - The Canadian Dollar

•     AUD - The Australian Dollar

•     NZD - The New Zealand Dollar

How Do Forex Pairs Work?

What is the Forex Spread?

When trading Forex, you'll see that both 'Bid'

and 'Ask' prices are quoted. The bid price is

the price at which you can buy the currency.

The ask price is the price at which you can

sell it. If you are buying a currency in a trade,

this is known as a long trade, and the point is

that the currency pair is being waiting to

increase in value, so that you can sell it at

a higher price and make a profit on the

difference.

The spread, in Forex, is the difference between the buy and sell

price of a currency pair. For example, if the buy (Bid) price of

the EUR/USD is 1.16668, and the sell (Ask) price is 1.16669,

the spread will be 0.0001, or 1 pip. In any Forex trade, the

value of a currency pair will need to cross the spread before

it becomes profitable.

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KRONOSINVEST is an international

company providing

trading services and facilities

for all trader categories: the

Scalper, the Day Trader, the

Swing Trader, the Position

Trader.

Through its policy of providing

the best technical and fundamental

analysis done by our

experts and experienced financial

advisors, giving unrestricted

access to its liquidity,

KRONOSINVEST has position itself

as one of the best trading

companies worldwide.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

73.62% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

 

High-Risk Investment Notice: Trading Forex/CFD's on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses over deposits. The products are intended for retail, professional, and eligible counterparty clients. For clients who maintain account(s) with KRONOSINVEST,  retail clients could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds and professional clients could sustain losses in excess of deposits. Prior to trading any products offered by KRONOSINVEST carefully consider your financial situation and experience level. If you decide to trade products offered by KRONOSINVEST you must read and understand the Financial Services Guide, Product Disclosure Statement and Terms of Business. KRONOSINVEST may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. KRONOSINVEST assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on KRONOSINVEST's websites prior to taking further action.

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