Today, Alpari is one of the world's largest Forex brokers. Thanks to the experience that the company has acquired over the years, Alpari is able to offer its clients a broad range of quality services for modern-age internet trading on the foreign exchange currency market. Over a million clients have chosen Alpari as their trusted supplier of Forex services.
The Forex (FOReign EXchange) market appeared at the beginning of the 1970s after many countries decided to unpeg the value of their currencies from that of the US dollar or gold. This led to the forming of an international market on which currency could be exchanged and traded freely. Today, Forex is the largest financial market in the world with an average daily trading volume exceeding 5 trillion USD, roughly double that of the stock exchange. Forex also differs from the stock exchange in that it operates around the clock. It doesn't matter where you live or even where you are right now; as long as you have access to the internet, a trading terminal (a special program for trading Forex) and an account with a Forex broker, all the instruments and opportunities of Forex are open to you.
Traders are people who work on the Forex market, trying to ascertain whether the price of a certain currency will increase or decrease and making a trade for the purchase or sale of that currency. As such, in buying a currency cheaper and selling it for more, traders earn money and increase their capital on the Forex market. Traders make their decisions based on the analysis of all factors that can affect prices, allowing them to work out precisely in which direction the prices are moving and plan their trades accordingly. Profit can be made by trading Forex on a fall in the price of a particular currency as well as a rise. Furthermore, traders can execute orders of any size on the Forex market anywhere in the world, from London to Timbuktu.
For novices who have just taken their first steps onto the Forex market, we recommend enrolling onto one of the Investment Academy’s educational courses. The courses will teach you not only the basics of Forex, but also different methods of analysis that will give you some unique insights into the inner workings of the market, how to avoid common pitfalls and minimise your losses.
With an education from the Investment Academy, you will gain valuable theoretical knowledge that you'll be able to apply when trading. Moreover, you will find out about Money Management, learn to take control of your emotions, discover how trading robots can be useful, understand how futures trading works, and much more. You can take part in our courses online from the comfort of your own home.
With weekly financial analyses and news to read, ready-to-use trading ideas and free analytical services, Alpari's website will help you make the correct decisions when trading Forex.
If you have never worked with Forex before, you can test out all of the opportunities of trading currency on a demo account with virtual funds. With a demo account you will be able to explore the Forex market from within and develop your own trading strategy. You can always take advantage of ready-made solutions by acquainting yourself with feedback from other traders.
After you have opened an account, whether it be a demo or live account, you will need to download a special program to work on the Forex market; a trading terminal. In the terminal you can keep track of market quotes, make trades by opening and closing positions and keep updated with financial news. You can choose from trading terminals for PC as well as for mobile devices: everything you need to make your work with Forex as convenient as possible.
You can start trading on the Forex currency market with Alpari having any amount of funds on your account. If you would like to try trading Forex on a live account, but to keep the risks as low as possible, try trading with a nano.mt4 account where currency is traded in eurocents and US dollar cents.