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how to trade us30 Replied 20 minutes ago - Right now I am up $8 but my profit expectation is $29 if price keeps going up to the black line
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GOLD/USD Replied 22 minutes ago - Tnx Koms
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how to trade natural gas Replied 37 minutes ago - SL adjusted to secure $15 profit in case price decides to drop
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eia natural gas storage report Replied 39 minutes ago - Natural gas storage at Henry Hub has dropped for the week under review, so gas demand is high.
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what is spread in forex trade ? Replied 2 hours ago - Spread is like a gate fee, you must pay it before you enter the market
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Dot.com Replied 3 hours ago - That's an insightful way to look at it. The SPX/M2 ratio does highlight whether equities are outrunning monetary expansion or just riding the tide of liquidity.
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What are the differences between day trading, swing trading, and scalping? Replied 3 hours ago - Yes possibly, it's based on the trader
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Alpha Circle Nsukka | Charts, Psychology & Market Discussions Replied 6 hours ago - Tnx chief
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Gold tomorrow MAY 26th Replied 6 hours ago - How did it play out
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EUR/USD Beginner Level trading Replied 6 hours ago - I got stopped out at BE
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⚖️Is Forex Trading in UK Legal? Yes
⚖️Forex Trading Regulator Financial Conduct Authority (FCA) UK
📅 Date Established 2013
Investor Protection Financial Services Compensation Scheme (FSCS) up to 85,000 GBP
✅No. of FCA Licensed Forex Brokers in UK 15+
💰Average OTC FX Turnover for UK 2022 (BIS Survery) 3.755 Trillion USD

What is Forex Trading & How Does it Work in the UK?

Forex Trading is when you try to make profit from predicting if the exchange rate of a currency will rise against another currency.

To trade forex you pair two currencies together (example GBP/USD) & if you think the exchange rate of the pair will rise, you place a buy order for a specific quantity, to profit if you are right.

On the flip side if you think the exchange rate will fall, you place a sell order to benefit from the fall.

To be able to trade forex in the UK, you need to use the services of a forex broker whose function is to provide you the trading software, liquidity & enabling environment needed to trade.

Forex trading in the UK is totally legit & is regulated by the Financial Conduct Authority (FCA) UK.

If you trade with an FCA licensed broker you are eligible for compensation up to 85,000 GBP if you suffer pecuniary losses due to broker bankruptcy etc.