RICHARDSON LEWIS is a global leader in online forex and CFDs trading. With over 20 years of experience, RICHARDSON LEWIS has been providing traders with the latest technology, tools, and resources to help them succeed in the financial markets. RICHARDSON LEWIS offers a variety of platforms and account types to meet the needs of all kinds of traders. Whether you’re a beginner or an experienced trader, RICHARDSON LEWIS has the right platform for you. RICHARDSON LEWIS also provides 24/7 customer support, so you can always get the help you need when you need it.
What is Forex and CFDs Trading?
When it comes to trading, there are two main types of markets – the stock market and the forex market. The stock market is where companies trade shares of stock that they have issued, and investors buy and sell these stocks. The Richardson Lewis forex market is a bit different. In the forex market, currencies are traded against each other. So, if you think that the Euro will increase in value against the US Dollar, you would buy Euros with US Dollars. However, you’re not actually buying or selling any physical currency when you trade forex or CFDs (contracts for difference). Instead, you’re simply speculating on the price movements of currencies. If your speculation is correct and the currency pair you’re trading moves in the direction you predicted, you make a profit. If your speculation is incorrect and the currency pair moves against you, you incur a loss.
CFDs are derivatives contracts that allow traders to speculate on the price movement of an underlying asset without actually owning that asset. For example, if you think that the price of oil is going to increase, you could buy a CFD contract that gives you the right to buy 1 barrel of oil at a certain price (the strike price) at some point in the future (the expiry date). If the price of oil increases as predicted, then when you exercise your option to buy at the strike price, you can sell immediately at the higher current market price and pocket the difference as profit. However,