NFA's take on Forex

NFATrading in the Retail Off-Exchange Foreign Currency Market

In this publication, the NFA answers frequently asked questions in regards to FX trading such as:

  1. What are foreign currency exchange rates?
  2. How can I trade foreign currency exchange rates?
  3. How does the off-exchange currency market work?
  4. How are foreign currencies quoted and priced?
  5. What transaction costs are paid when trading Forex?
  6. How do I offset a trade in FX?
  7. How are Forex trading profits and losses calculated?
  8. How much money is needed to trade Forex?
  9. Is it possible to trade options on FX?
  10. What are the risks of trading Forex?
  11. Is off-exchange foreign currency trading regulated?

Click here to read the NFA's report on FOREX

Share

 
 

Follow us on Instagram

 

Newsletter Trial