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Blog Company news Copytrade Education Forex news Theory 📙 Forex for beginners
📙 Forex for beginners
Blog Company news Copytrade Education Forex news Theory
Theory 22 July 2025 Forex Trading for Beginners in Kenya: A Comprehensive Guide Are you looking to navigate the world of Forex trading in Kenya? This guide provides a structured approach to understanding and entering the Forex market, tailored to the Kenyan context. Chapter 1: Forex Basics for Kenyan Traders Understanding Forex and its Relevance in Kenya Forex, or foreign exchange, is the global marketplace where currencies are traded. For Kenyans, Forex offers opportunities to profit from fluctuations in currency values, particularly involving the Kenyan Shilling (KES). Understanding global economics and how they impact KES is crucial. Key Forex Terminologies for Beginners Currency Pairs: EUR/USD, GBP/KES, etc. The first currency is the base currency, the second is the quote currency. Pips: Points In Percentage – the standard unit of measuring price change. Leverage: Borrowed capital to increase potential returns (and risks). Margin: The...
Theory 21 July 2025 Forex Market: Daily Trading Volume, Key Players, and Influencing Factors The foreign exchange (forex or FX) market is the largest and most liquid financial market in the world. It’s a decentralized, over-the-counter (OTC) marketplace where currencies are traded. Unlike a stock market, it has no central location or exchange, operating 24 hours a day, five days a week across major financial centers globally. Understanding its immense scale, the participants who drive its movements, and the factors that influence currency values is fundamental for any aspiring trader or investor. Understanding the Scale: Daily Forex Trading Volume Explained The sheer size of the forex market can be difficult to comprehend. Its daily trading volume dwarfs that of the world’s stock markets combined, highlighting its critical role in global commerce and finance. Defining Daily Trading Volume: What Are We Measuring? Daily trading volume...