Platform
Wield the power of next-gen forex trading.
Trade with leverage, use our TradingView charts to analyze the market, and easily take long or short positions on our trading platform. Our smart risk management tools help boost your trading game.
Forex trading (or FX trading) is the buying and selling of world currencies on a global, decentralized market. Traders speculate on currency price movements—such as the EUR/USD or USD/JPY pairs—to profit from fluctuations in exchange rates.
First you need to find your broker or a prop. After picking the right one you have to choose the right platform, we of course suggest TradeLocker. The whole point of forex trading is buying one currency and selling another simultaneously in a currency pair. Each pair—like EUR/USD—has a base (EUR) and a quote (USD) currency, and its price tells you how much of the quote you need to buy one unit of the base. Traders speculate on whether the base will strengthen (go long/buy) or weaken (go short/sell) against the quote.
Yes, forex trading is a legitimate, regulated financial market where central banks, institutions, and retail traders participate. Always check your broker (that will not call you to invest through random numbers) and practice sound risk management to trade safely. You are welcome to check out brokers or props on TradeLocker.
Always start with a Demo trading account. Take a small account because it would be pretty irresponsible to start trading with an account of $100k. Read our TradeLocker Handbook and get introduced with everything forex trading offers. Start practicing strategies without risk, if you need to find great ideas on how to trade, we have Astronaut Auditorium. It is our series where we interview people that have started trading and took it full time. When you start being consistently profitable you can switch to Live and start trading with real money.
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*Neither this app or its contents should be regarded as professional, financial or investment advice. This app is a suite of trading tools, meant to be used in connection with an account held by a trader with their brokerage firm. If you intend on using this app for real trading, you should understand how various financial products work and the risks you will be undertaking on your own.
**By using this app you will have access to information of a general nature (i.e., that does not address the circumstances of any particular individual). If you require further information, or otherwise a more comprehensive or complete statement of the related matters and regulations, you should seek the advice of a lawyer, your brokerage firm, or from a licensed financial service provider before you start trading.
