Margin and Free Margin are standard FOREX jargon you'll hear thrown around. But what do they mean and how do they effect you? Lets start with your leverage:
You've probably heard the term, "It takes money to make money." One of the first things you should look at when getting involed with the Forex markets are the costs. While there are many costs to trading forex, most costs are categorized in three ways:
Explicit Costs, Implicit Costs and Optional Costs
When it comes to trading foreign currency, most investors have at least heard of the two main camps that most forex brokers fall into. There are Electronic Communications Networks (ECNs) and Market Makers. Let me begin by first introducing each of these.