Forex FAQ

What is Foreign Exchange?
Where is the central location of the FX Market?
Who are the participants in the FX Market?
When is the FX market open for trading?
What are the most commonly traded currencies in the FX markets?
Is Forex trading capital intensive?
What is Margin?
What does it mean have a ’long’ or ’short’ position?
What about terms like "bid/ask", "spread", and "rollover"?
What is the difference between an "intraday" and "overnight position"?
How are currency prices determined?
How do I manage risk?
What kind of trading strategy should I use?
How often are trades made?
How long are positions maintained?
I am interested in foreign exchange trading, but would like some additional information. Any suggestions?

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