§ Who trades the Forex markets?Professional Forex Market MakersStrategic Bank TradersCurrency Futures TradersRetail Forex SpeculatorsWhat are the objectives of each of these types of traders/firms?Hedge against exchange rate riskFutures traders might stand and deal directly on the exchange floor to keep in touch with the ebb and flow of the market, or they might sit in an off-floor office monitoring market movements.Return on investmentsWhy do they trade forex?Huge liquidityLarge margins24 hr…See More

What are the different types of trading sessions? SessionMajor MarketHours (GMT)Asian SessionTokyo11pm to 8amEuropean SessionLondon7am to 4pmNorth American SessionRead more: http://www.investopedia.com/articles/forex/08/3-market-system.asp#ixzz21ZQqflSN What are their timings?Sydneyk, (4PM EST)  Tokyo,(7PM EST)  London, (3AM EST)  New York,(8AM EST)When is the market most active?The London/New Your…See More

What types are accounts are available? What is the difference between demo and live accounts?What is the minimum required to open a live account?What is leverage? Is it good to have leverage?Download and install a Metatrader 4 Demo account from any of the above referenced brokersWhat is Metatrader 4?How can I open / close a trade in Metatrader 4?Demo account does not require real deposits of funds.$2000 It is a common attraction of the forex market. It allows you to open trades that are larger…See More