FAQS

What is liquidity in forex trading?

Liquidity refers to how easily a currency pair can be bought or sold without affecting its price. The most liquid pairs are major ones like EUR/USD and USD/JPY.

How do I protect myself from forex scams?

Use regulated brokers. Avoid "get rich quick" schemes. Beware of fake signal providers and Ponzi schemes. Follow trusted sources like Chart Kings.

Is forex trading legal in my country?

Forex trading is legal in most countries, but regulations vary. Always check with your local financial authority.

What is slippage in forex trading?

Slippage occurs when an order is executed at a different price than expected due to market volatility or liquidity issues.

What causes currency prices to fluctuate?

Economic data (GDP, employment, inflation) Interest rates & central bank policies Geopolitical events & news Market sentiment & speculation

Which forex session is the best to trade?

London & New York overlap (1 PM – 5 PM GMT) is the most volatile and liquid. Asian session is slower but good for range trading.