Please let me know how can join the forex
In forex market, traders trade currencies whereas traders trade securities in stock market.
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Hello @arashk13!
Thanks for visiting and participating in the BabyPips.com forum! We’re happy to have you!
If you’re eager to start learning about Forex, we suggest that you make your way over to the School of Pipsology , our very own guide for teaching beginners how to trade the foreign currency exchange market. We start you off in Kindergarten, teaching you Forex basics, and you progress all the way to College, learning more complex subjects. This is all self-study, done at your own pace. Along the way, stop and take one of the 50 forex trading quizzes to make sure you’ve retained the knowledge.
Enjoy!
Jess
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Forex and stocks are two separate types of financial markets. Forex, also known as foreign exchange or FX, refers to the global market for trading currencies. In the forex market, traders exchange one currency for another with the aim of making a profit from the difference in exchange rates. The forex market is the largest and most liquid financial market in the world, with an average daily trading volume of over $5 trillion.
On the other hand, stocks refer to shares in individual companies that are publicly traded on stock exchanges. Stock trading involves buying and selling stocks with the aim of making a profit from changes in their market value. The stock market is one of the most well-known financial markets in the world, with major exchanges such as the New York Stock Exchange (NYSE) and the NASDAQ.
While forex and stocks are both financial markets, they are distinct from one another in terms of the assets traded and the trading strategies employed. Forex traders focus on the exchange rates between currencies, while stock traders focus on the performance of individual companies and their shares.