Frequently asked question

Forex trading involves exchanging one currency for another at an agreed-upon exchange rate. Traders speculate on the price movements of currency pairs, trying to profit from the fluctuations in exchange rates.

Commodities are raw materials or primary agricultural products that can be bought and sold. Common commodities include gold, oil, natural gas, agricultural products like wheat and coffee, and metals like silver.

Commodities trading involves buying and selling contracts for future delivery of goods like oil, gold, and agricultural products. Traders can speculate on the price movements in commodity markets.

The main categories of commodities include hard commodities like metals and energy resources (e.g., oil, gold, natural gas) and soft commodities like agricultural products (e.g., wheat, coffee, sugar).

Indices are a measurement of a group of stocks that represent a particular sector or the overall market. Examples include the S&P 500, Dow Jones, and NASDAQ indices.

Indices trading involves buying or selling contracts based on the price movements of indices. Traders speculate on the movement of the index as a whole rather than individual stocks within the index.

Major global indices include the S&P 500 (USA), the FTSE 100 (UK), the DAX (Germany), and the Nikkei 225 (Japan). These indices track the performance of the largest companies in their respective countries or regions.

Cryptocurrency is a form of digital or virtual currency that uses cryptography for security. Bitcoin, Ethereum, and Litecoin are examples of well-known cryptocurrencies.

Crypto trading involves buying and selling digital currencies through exchanges like Binance or Coinbase. Traders speculate on the price movements of cryptocurrencies to generate profit.

A cryptocurrency wallet is a software program that stores your private and public keys and interacts with various blockchain networks to enable you to send and receive digital currencies.

Stocks represent ownership in a company. When you buy a company's stock, you're buying a small piece of that company. Stockholders can earn dividends or make money by selling stocks at a higher price than they bought them for.

Forex, short for foreign exchange, refers to the global marketplace for buying and selling currencies. It's the largest and most liquid financial market in the world.

Stocks represent ownership in a single company, whereas ETFs (Exchange-Traded Funds) hold a collection of assets such as stocks, bonds, or commodities. ETFs are traded like stocks but provide diversification across multiple assets.