The forex market is quite straightforward as compared to other financial markets. With stocks, you must analyze company reports and choose from thousands of companies to invest in. However, forex markets generally revolve around eight currencies, known as the Majors. Put simply, the better a country’s economy is doing, the better we expect their currency to perform. You can watch what professional traders are doing and observe their trades with social trading. Social trading lets you copy other trader’s strategies and can be very beneficial to newcomers, shortening the learning curve.