What is Forex? – Introduction and Explanation

What is ForexForex trading online has always been very popular, and for good reason! There is hardly another area that allows such great profit gains so quickly – and all through calculated risk. Through the decisions of true Forex brokers, some experience, and a good sense of risk management, Forex trading allows you to achieve continuously higher gains.

But what exactly is Forex?

What is Forex?

Forex is an abbreviation for “Foreign Exchange” which, simply means trading currencies. There is speculation with Forex about the price of one currency against another. For a long time, this information was known only by brokers on the trading floor. Thanks to Forex sellers online, now everyone can get involved with trading currencies – and earn money!

Best Forex Broker Reviews and Comparisons 2013

What is ForexThere are currently a large number of Forex brokers and social investment networks online, but not every seller offers an equal price to enter the forex market.

For this reason, our team from “What is Forex” has compared and contrasted each provider. We will show you which Forex brokers offer a cost-free demo account and which providers offer the best learning materials. This way you can ease your way into the foreign exchange market.

Broker:
Account:
Demo:
 
 
Plus500 Review
€100
yes
Review
Website
AvaTrade Review
€100
yes
Review
Website
eToro Review
€50
yes
Review
Website
Markets.com Review
€100
yes
Review
Website
Finexo Review
€100
yes
Review
Website
easy forex review
€25
yes
Review
Website
YouTradeFX Review
€100
yes
Review
Website
Varengold Bank FX Review
$2500
yes
Review
Website
instaforex review
€1
yes
Review
Website

Plus500 – Free Demo Account + €25 Free Start Capital
Plus500 ReviewPlus500 is a Forex broker that values experienced traders, above all, due to their large selection of tradable assets with high leverage and low margins. But beginners will also get their money’s worth. For starters, there is a free demo account for getting used to Forex trading. Plus500 also gives every new trader €25 in start capital – extra money that you shouldn’t miss out on.

More Details Visit Website


AvaTrade – Ideal for beginners and professional traders
AvaTrade ReviewAvaTrade is a Forex broker that is suited for beginners as well as experienced traders. Beginners benefit from the free demo account and the comprehensive learning materials. Information is not just given in theory, rather but with first hand live seminars, which, in our experience, is the best way for you to become comfortable and familiar with the Forex market. Experienced traders can appreciate AvaTrade’s attractive AvaTrade bonus and its innovative trading platform.

More Details Visit Website


eToro – Quick success thanks to OpenBook
eToro RevieweToro is a provider that considers itself not only a Forex broker, but also a social investment network. After seeing the offer here, you’ll know why. With eToro, there is not just a free demo account. Thanks to eToro OpenBooks, you can copy successful traders with the click of a mouse and profit from their expert knowledge. Your first successful trades come quickly, and it is for this reason that we recommend eToro.

More Details Visit Website


Markets.com – An all-around first class Forex broker
Markets.com ReviewMarkets.com is a Forex broker that has been causing a stir on the trading floor for years. They really know how to put together an attractive package for traders. Beginners as well as experienced traders get their money’s worth at Markets.com. While novices benefit from the demo account and the excellent training, experienced traders will appreciate the excellent range of tradable assets, the trade types and the advantageous trade conditions.

More Details Visit Website


Finexo – The Forex broker for everyone
Finexo ReviewFinexo is a Forex broker that has made foreign exchange available since 2003 and has enjoyed great popularity from novices as well as experienced traders. Especially, the combination of good market information and tools as well as small spreads and attractive leverage make trading here attractive. More information can be found in Finexo’s extensive test.

More Details Visit Website


easy-forex – First class Education + Fixed Spreads
easy forex Revieweasy-forex is a Forex broker who currently supplies the best education to it’s customers by far. There is not only a free demo account, but particularly numerous webinars and seminars available that provide the tools to work successfully as a Forex broker. In addition, customers profit from easy-forex with fixed spreads, which already accounts for 3 pips in the standard account.

More Details Visit Website


YouTradeFX – Success through social trading
YouTradeFX ReviewYouTradeFX is a provider that offers beginners a quick and especially successful start with Forex trading. Similar to eToro, you can copy experienced traders and profit from their expertise. In addition, you have a choice between 20 pre-defined trading strategies that require very few interferences to properly execute. What YouTradeFX otherwise offers is given away in our extensive test.

More Details Visit Website

Forex broker of the month: AvaTrade

What is ForexOur team at What is Forex? introduces a Forex broker every month that stands out from the mass market in one way or another. Whether it be through their exceptional demo account and help materials, their attractive bonus from your first trade, tradable assets, or the leverage & margins.

The title of Forex broker of the month this month goes without a doubt to: AvaTrade.

AvaTrade is ideally suited for getting a foothold in Forex and learning about trading. New customers receive not only a free demo account but above all numerous helping materials that familiarize you with all the different aspects of Forex trading. The education that you receive here is, in our experience, some of the best training of all Forex brokers.

More Details Visit Website

Your ‘What is Forex’ Team !