Forex 101

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The Forex Market is a decentralized market where buying and selling of currencies occur.

A bull market is a sustained stretch of time when investment prices are rising in a financial market. A bear market is a sustained stretch when investment prices are falling. 

A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.

MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. 

In foreign exchange markets, a percentage in point is a unit of change in an exchange rate of a currency pair. 

In forex, a Lot defines the trade size or the number of currency units to be bought/sold in a trade.

Leverage is the use of borrowed money (called capital) to invest in a currency, stock, or security. The concept of leverage is very common in forex trading. By borrowing money from a broker, investors can trade larger positions in a currency.