PremiereTrade Education: Forex 101 – An Introduction to the Forex Market (Infographic)
Every Forex expert had to start somewhere. They all started out just as all of us have, knowing very little about the Forex Market. They were beginners just like you.
Below is an infographic that shows a brief breakdown of the Forex basics that every trader needs to know. Here is a brief outline of what is in the infographic:
THE FOREX MARKET
- The Forex market is the world’s largest financial market at $5 Trillion per day.
- The Forex market’s daily volume dwarfs that of all major stock exchanges combined.
Participants in the Forex Market include:
- Large banks
- Central banks
- Currency speculators
- Multinational corporations
- Retail traders
Influencers in the Forex market include:
- Interest rates
- Rate of inflation
- Trade profit or debt with other countries
- Employment stability
- Political stability
PremiereTrade has an outstanding Forex education interface inside the PremiereTrade software under the “Training” tab. This area contains how-to videos and Forex education tutorials that break down all aspects of the market.