For many, the word ‘forex‘ evokes images seen on social media: luxury cars, quick fortunes, and charismatic influencers touting guaranteed trading success. This high-octane portrayal, focused on rapid ...

Forex stands for “Foreign Exchange” and refers to the active trading of currencies — exchanging one currency for another.

Understanding margin is crucial for anyone looking to succeed in the world of forex trading. "Margin" is one of the most important concepts in forex, acting as a form of leverage that allows traders ...

No forex trade is free. Many forex brokers charge commissions for each trade, but there is a silent cost that also impacts your forex profits. Spreads represent an extra expense for each trade. It’s ...

Forex traders and professional gamblers are financial risk-takers who can learn from each other. Traders and gamblers must know how to manage their chase of dopamine to avoid addiction. Gamblers know ...

Lucas Downey is the co-founder of MAPsignals.com, and an Investopedia Academy instructor. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the ...

A forex card (also called a prepaid travel card or forex travel card) is a card you load with foreign currency before you travel. You can use it abroad just like a debit or credit card. Swipe it at ...

Forex traders make bets on fluctuations in global currency prices. Trades can use leverage and margin to make big profits on relatively small positions. These markets are volatile and unpredictable, ...

Important Disclosure: The content provided does not consider your particular circumstances and does not constitute personal advice. Some of the products promoted are from our affiliate partners from ...

Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions ...

Andrew Michael is a former Deputy Editor at Forbes Advisor. He is a multiple award-winning financial journalist and editor with a special interest in investment and the stock market. His work has ...

Forex trading robots automate currency trades, increasing efficiency in 24/7 markets. These bots require advanced trading and programming knowledge to set up effectively. Robots execute trades without ...