Forex Players
So far you have learned that in the forex market there is no centralized exchange like a stock exchange. Forex is decentralized: currencies are bought and sold directly between two parties. This is why we call it over the counter (OTC). This also implies that unlike in the stock exchange market where you have one single […]
Forex Advantages
The forex market is unique – and as such, it attracts millions of traders daily, who are busy making money online. What’s more, it is open for all investors worldwide. Practically, anyone can trade forex. What Makes Forex Exceptional? HIGH LIQUIDITY Forex is the biggest financial market in the world with a trading volume […]
Money Matters
In forex, you buy and sell currencies (for example US dollar, Japanese yen, euro), and you may even earn a profit, according to which currency pair you exchanged. This is why we call it foreign exchange. Depending on the currency rates and market movements, you can make profits. It all depends on how alert you […]
What is Forex?
Forex (or FX) means foreign exchange. What exactly does this involve? Exchanging one currency for another – it’s as simple as that. Forex in Everyday Life You don’t necessarily need to be a trader to participate in the foreign exchange market. Every time you travel and need to exchange some money into a foreign […]
What is Trading?
The origins of trading date back to prehistoric times. It’s been there ever since man started painting symbols on cave walls and realized that in exchange for a spare flint axe he could get a new arrow head. This is how it all started. Before modern currencies were invented, bartering was a common way to […]