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    Forex Plugs Education

    We provide the best financial trading education for you to understand fully how to trade currencies, commodities, stock markets, indicies & metals Online.We provide the best financial markets trading education for one to be able to understand the markert and trade profitable.

    The Foreign Exchange
    Market

    The world’s largest market
    The foreign exchange market allows two currencies to be exchanged, at an exchange rate which is floating or fixed. This allows businesses from around the world to complete transactions across currencies. Currencies need to be exchanged to import produce from different countries, for example: a wine merchant in England exchanges their pound sterling (GBP) for euros (EUR) in order to purchase wine from France. Exchanging currencies is the basis for all international trades. Unlike the stock market, the forex market is decentralised – this means that there is no central trading area. Most foreign exchange transactions are executed over-the-counter (OTC) by banks, on behalf of their clients.
    Where did it Start
    It all began with the gold standard monetary system back in 1875. Before our current system was born, gold and silver were exchanged for goods and services. The problem was that gold’s value changed depending on the supply – if a new source was discovered, gold would become less valuable. Eventually, different countries began to peg an amount of their currency to an ounce of gold. The difference between these amounts was an exchange rate. After World War One this system broke down, and several years later currencies were no longer pegged to gold. FX trading used to be completed exclusively through banks and forex brokers. However, as technology has developed, FX trading has become far more accessible. Individual traders can now access the FX market from their smartphones, and complete trades on the go. Today, the forex market is open 24 hours a day, 5 days a week. The first markets open on Monday morning in Wellington, New Zealand, and the last close at 5pm (ET) on Friday in New York.

    Currency Trading

    What is currency trading?
    Currency trading, also known as FX trading, is the exchange of currencies between two parties at an agreed price. The trading parties may be financial institutions, multi-national corporations, banks, central banks, hedge funds, money changers, insurance companies, speculators, or individual traders. Currency trading is done in pairs. A currency pair consists of a base and a quote currency – for example, the currency pair of EUR/USD consists of EUR, which represents the base currency, and USD which represents the quote currency. The exchange rate of EUR/USD at 1.1630 simply means that to own one euro, you need the equivalent of 1.1630 in US dollars. The ultimate goal of FX trading is to identify the correct direction of the markets. It’s all about buying a financial instrument low and closing the position higher, or selling a financial instrument high and closing the position lower. To begin, traders choose a trading platform to trade currencies on. There are many different trading platforms to choose from, including MetaTrader Once the trader identifies a trend in the market, they place a buy or sell order on their preferred trading platform. If the trader expects a currency pair to rise, they place a buy order to profit from the increase. If a trader expects the opposite, they will place a sell order, to benefit from the fall. Because the forex market is decentralised, currencies are traded in financial centres across the globe, in New York, London, Frankfurt, Tokyo and Sydney.
    FX Trading - The Exchange of Currencies
    Traders can now easily access the markets thanks to devices like smartphones, and as a result currency trading is becoming increasingly popular. The user-friendliness of trading platforms and the 24-hours/five-days-a-week trading schedule makes currency trading highly appealing. The markets’ high liquidity means traders can trade almost any volume at their desired price, and are not likely to experience price manipulation. If that wasn’t enough, a daily turnover of about $5 trillion, the availability of leverage, and educational resources provided by some brokers attract a huge number of traders across the world. There are many different strategies which are commonly used among traders: 1. Day Trading 2. Swing Trading 3. Position Trading 4. Scalping 5. Hedging 6. Trend-following 7. Breakout 8. Range-bound 9. Channel Trading 10. Discretionary Trading 11. Mechanical Trading 12. Automated Trading 13. Financial News Trading Discover more on our Forex Trading Strategies page.

    Our Courses

    Our Courses Prices

    Basic Forex
    Course

    Strategy 1

    $150 3
    Months
    Full understanding of the Market Maker Method Weekly Projections & Setups One Month of Free Premium Signals Access to Student Group Discussion

    Prize Action
    Mastery Course

    Strategy 2

    $150 3
    Months
    Full understanding of Prize Action Access to Prize Action Materials Weekly Setups Group Discussions.

    1 Min Time Frame
    Mastery Course

    Strategy 2

    $250
    life Time
    Full understanding of Prize ActionAccess to Prize Action Materials Weekly Setups Group Discussions

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