FOREX, Currency Trading
FOREX, currency trading - Forex trading is all about trading currencies, stocks and similar products. One country's currency is compared to another country's currency to determine value.
The value of this foreign currency is taken into account when trading stocks on the FOREX markets. Most countries have control over the value of country assets, which includes currency or money.
Those commonly involved in the FOREX markets include banks, large corporations, governments and financial institutions.
What makes the FOREX market different from the stock market?
A trade in the foreign exchange market is a trade involving at least two countries and can take place anywhere in the world. The two countries are on the one hand the investor and on the other hand the country in which the money is invested.
Most of the transactions that take place in the FOREX market are made through a broker such as a broker. B. a bank performed.
What really makes the FOREX markets?
The foreign exchange market consists of a large number of transactions and countries. Those involved in the FOREX market trade in large volumes and large amounts of money.
Those involved in the FOREX market are usually involved in cash trades or trade highly liquid assets that you can buy and sell quickly.
The market is big, very big. You might consider that the FOREX market is much larger than the stock market in any country in general. Those involved in the FOREX market trade 24 hours a day, every day, and sometimes trades are completed on weekends, but not every weekend.
You will be surprised how many people are involved in FOREX trading. In 2004, the average daily trading volume was nearly $2 trillion.
This is an enormous number for the number of daily transactions that will take place. Think about how much a trillion dollars really is, then multiply it by two and that's money changing hands every day!
The FOREX market is nothing new, but it has been used for more than thirty years.
With the advent of computers and then the Internet, trading in the FOREX market continues to grow as more and more people and businesses become aware of the availability of this trading market.
FOREX accounts for only about ten percent of all trades from one country to another, but as popularity in this market continues to grow, that number could also increase.
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