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Although there are many distinctive elements of the Forex market, there are three that can be highlighted as helping new traders learn exactly what the foreign exchange market is all about. These distinctive elements are those that every new trader should know long before they make their first trade. The Forex system is one that is made to encompass the entire globe. It can be difficult to interpret and even more difficult to successfully trade within. The first step to being a successful trader is knowing how the system works. Before you even think about opening a Forex account, be sure that you are familiar with the foreign exchange market's three distinctive elements: geographical, functional, and participant.
Geographical
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