How can we earn money from Forex trading ????
The values of the currencies are change in every millisecond in the forex market so the profit and loss of a forex trader is totally dependent on changes in the value of currencies. And the margin of the buying and selling rate is call profit.
United States Dollars ($) and Euro (€) are the hottest and favorite currencies in the Forex market. These are like martini for the James Bonds of Forex market. The other most popular currencies are the Canadian Dollar (CAD), the Australian dollar (AUD), the New Zealand Dollar (NZD) and the Japanese Yen (¥). There are many examples of people in the market who has changed there fortunes by Forex trading. Warren Buffet, the world's richest man has invested his more than 20 billion dollars in Forex market.
With the change in technology Forex market has changed its mode of trading also. Earlier forex trading was done through telephone only. Now many companies are providing user friendly online trading panel in the forex market.