Start trading successfully with CAPEX
At CAPEX, we not only provide information about Forex trading and other financial products, but we also help you get practical experience. Using our demo account, you can access free training and practice in real market conditions. All financial risk is thrown out the window, as you’d be trading with virtual cash. A CAPEX demo account allows you to get familiar with charts, things like candlestick patterns, and learn to analyze market data. Besides polishing up your technical skills before you start trading with real money, you’ll understand the value of discipline and consistency.
For example, a lot of new traders blow their accounts because they take on too much leverage. Opening a CAPEX demo account is, therefore, a great way to determine the appropriate leverage levels. You can also explore and choose between trading time frames, such as day-trading and swing trading. Best of all, we help you with trading forecasts on major currency pairs, so you stay on top of the Forex market every time. At CAPEX, our technical analysis and Forex market news are known to help traders become more profitable.
Conclusion – Trade Forex at CAPEX
Before you start trading currencies, one of the very first things you should do is get the basic currency pair explained. As we’ve described in this article, these are simply quotations of two currencies, with the value of the first currency being expressed in terms of how much of the second you need to buy one unit. A typical currency pair, EUR/USD, expresses how many US dollars a trader needs to buy 1 Euro. Major currency pairs include several currencies, such as the Canadian dollar, Euro, British pound, and Japanese yen being traded against the US dollar. Minor pairs are made up of these secondary currencies.
We also explained some fundamentals that affect the value of currency pairs. CAPEX provides a wide range of resources to help you consistently buy low, sell high, and make a profit. Sign up for a CAPEX demo account today, instantly start on your journey to becoming an expert Forex trader.