Hi, this is Henry with 4xLearning.com, and this is a quick intro on Forex Trading. For those of you who have never traded Forex, you may have the impression that Forex is a very complicated business reserved for interbank or the financial elite…

Forex Basics – Lesson 1: What is Forex? ( Courtesy of 4xLearning.com )

Forex Basics – Lesson 1

What is Forex?

But If you have done some traveling and have had to exchange your money into a different currency, then in essence you’ve done some Forex, or Foreign Exchange…

Forex Basics – Lesson 1: What is Forex? ( Courtesy of 4xLearning.com )

Forex Basics – Lesson 1

What is Forex?

Now that we’ve established that, today’s Forex trading isn’t really exclusive to the rich or financial elite any more, and as a matter of fact, through the convenience of Forex brokers, Forex is as common and accessible as the stock market to many people.

Forex Basics – Lesson 1: What is Forex? ( Courtesy of 4xLearning.com )

Forex Basics – Lesson 1

What is Forex?

I don’t want to bore you with the history of Forex, since you can find that on Wikipedia, but the appeal to Forex trading is the high risk/return factor, because you can literally double your investment or lose it all in one trade. This is called leverage, and we’ll talk more about that in the future.

Forex Basics – Lesson 1: What is Forex? ( Courtesy of 4xLearning.com )

Forex Basics – Lesson 1

What is Forex?

To sum it up, you may have done some Forex when you traveled to another country, anyone can trade Forex through Forex brokers, and what makes Forex so attractive is the potential for high returns through the use of leverage.

Forex Basics – Lesson 1

What is Forex?

Forex Basics – Lesson 1: What is Forex? ( Courtesy of 4xLearning.com )

If you like this pdf, please watch the video and leave your comments at 4xLearning.com

Forex Basics – Lesson 1: What is Forex? ( Courtesy of 4xLearning.com )

Forex Basics – Lesson 1

What is Forex?

Thank you and don’t forget to check out our other videos on the Forex Basics series. Next Lesson: How to trade Forex?

Forex Basics – Lesson 1: What is Forex? ( Courtesy of 4xLearning.com )

Forex Basics – Lesson 1

What is Forex?