What is Forex?
With a daily turnover of $5.1 trillion, the foreign exchange market, commonly known as forex or FX, is the world’s biggest traded market.
To put this in perspective, the stock market in the United States exchanges about $257 billion each day; a sizable figure, but a fraction of what forex trades.
Banks, organisations, and individual traders trade forex 24 hours a day, 5 days a week all over the world. Because there is no centralised marketplace for forex, unlike other financial markets, currencies are traded over the counter in whatever market is open at the moment.
How FX Trading works
Buying one currency while simultaneously selling another is the basis of forex trading. Traders in forex try to earn by buying and selling currencies and actively speculating on the future direction of the currencies.
World’s Major Currencies
- - - - - - - -
⭐The Best Cent Account To Test Your Forex Trading EA.⭐
- - - - - - - -
⭐Great Forex Broker With High Affiliate Commission For Your Forex Trading EA.⭐
|Great Britain||GBP||New Zealand||NZD|
You May Also Like ❤ :
The extreme spike indicator is a Metatrader indicator that detects market trend extreme high and extreme low spikes. It is...
Heiken Ashi Nave is a MetaTrader expert advisor that uses the platform’s standard indicator of the same name to implement...
PersistentAnti EA (Measures persistence of price movements; trades against it) | FREE Forex Trading EA
PersistentAnti is a Forex expert adviser that takes advantage of the concept of trend persistence. The Forex market charts are...
Ichimoku Chikou Cross EA (Uses Ichimoku Kinko Hyo for signals, ATR for position sizing) | FREE Forex Trading EA
Ichimoku Chikou Cross is a MetaTrader expert advisor based on standard Ichimoku Kinko Hyo indicator with default settings. Specifically, it...