Introducing the financial markets
Ideal as a first step into the world of trading, this course takes you on a tour of the financial markets – including shares, indices, forex and commodities – equipping you with the essentials every trader needs to know. You’ll discover how each market operates, what drives it, and most importantly how you might capitalise on its movements. But before that, we’ll answer the most fundamental question of all: what is financial trading, and why would you want to do it?

What is forex?
    About Lesson

    Forex is how individuals and businesses convert one currency to another
    The main players in the market are major international banks
    Speculation accounts for the vast majority of transactions
    It’s an over-the-counter (OTC) market, where trades take place directly between two parties rather than through an exchange
    Forex is traded in pairs – you are simultaneously buying one currency while selling another
    The first currency in every pair is the base or primary currency. The second is the quote or counter currency

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