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How to become a forex trader? FAQ
Once you find the number check the regulator’s register of licensed brokers and ensure you find the broker there. This ensures that you are protected against potential fraud or malicious activity from some unscrupulous brokers.
Updated Apr 15, 2020How to read forex quotes? FAQ
Brokers usually give you two quotes for each currency pair or instrument: the bid (the exchange rate at which the broker is willing to buy from you), and the ask price (the exchange rate at which the broker is willing to sell to you). In other words, you can sell at the bid price and buy at the ask price.
Updated Apr 15, 2020