An Introduction to Forex Forex is a market that allows you to exchange currencies, buy and sell them, and receive profits when the exchange rate changes. It is a global decentralized market where prices are based on current market prices and the foreign exchange rates of every currency are determined. You can buy or sell currencies over the counter on…
Foreign exchange or Forex could be summarized as an intricate network of buyers and sellers through which they transfer currency amongst each other at a fixed price. It is through this medium that individuals, central banks, and businesses convert one currency into another, if you have had the experience of traveling abroad it is highly likely that you have come…
There are many reasons why people want to trade in the forex market. And one of the major reasons is that it requires the least amount of capital to start day trading. Forex trading offers the flexibility of trading times as it is open to trade 24 hours a day during the week and has a lot of profit potential…