5. Goods sold

In forex, traded goods are relatively small. Most of it forex traders Just focus on the price of major currency pairs like EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD and NZD/USD.

Meanwhile, stocks have many trading instruments or issuers. There are hundreds of issuers that can be bought and sold on IDX. Thousands of stocks can be traded or accessed through integration with the world's stock exchanges.

6. Nature of transaction

The last difference is the time of sale. The nature of stock transactions can be said to be one-way. You buy an issuer when the stock exchange opens and sell it when the stock exchange closes. The difference in closing price can be profit or loss.

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Meanwhile in forex, transactions are two-way. You can buy and sell for a short time and then buy again after some time.

How to trade Forex

Officers count the value of US dollars at the VIP Foreign Exchange Exchange, Jakarta, March 1, 2018.  The US dollar increased and reached a maximum of Rp.  He shot 13,817.An example of understanding forex trading. (CNN Indonesia/Hesti Rica)

The way to do it forex trading It's not much different from stocks. There are many things you can do to make foreign exchange transactions.

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1. Choose an official broker

Take your choice Broker It is officially registered by the Commodity Futures Trading Regulatory Agency (BAPEBT).

You can check the details. Broker Officially on the CoFTRA website. Although you can choose a foreign broker, it is better to use a local broker that is easy to find for security reasons.

2. Register on the broker and create an account

Usually for beginners forex brokers It teaches you how to read graphs of currency value movements for each country. However, before you sign up, ask how much of a deposit you need to pay first.

3. Conduct marketing activities

After registering and creating an account, use your deposit to capitalize to buy the currency you want.

When you buy foreign currency, the currency will be side by side with other currencies. For example, USD/EUR, meaning you buy US dollars in euros, and vice versa.

It is understanding. forex trading, Methods and Variations with Stocks. Understanding forex trading In more detail not to lose money. Many experts evaluate forex trading More difficult and complex than stocks.

(imb/asr)

[Gambas:Video CNN]