Here's our forex trading wiki for beginners to learn how to trade Forex on IQ
option trade signals. The foreign exchange market, called also forex or the FX, is the largest financial market in the world. It is the most liquid one as well. High volatility creates more opportunities for trading. Today I am going to explain how to trade forex on the IQ option trade signals platform. The base for the FX is purchasing one currency for another. The main task is to speculate on the future price of the asset and buy or sell currencies accordingly.
You trade national currencies on the forex market. They are arranged in pairs so you know exactly which currency you will need to sell in order to buy another one. IQ option trade signals offer a variety of different countries' currencies. Most commonly traded are the Euro, the US dollar, the British pound, the Australian dollar, and the Japanese yen. The US dollar has managed to retain its status as the dominant currency, staying on one side of 88% of all transactions.
