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Saturday, November 5, 2011

What is Forex market ????

What is Forex market ????

forex, forex trading, forex marketing

Forex market is the world’s biggest currency exchanging market that bye and sell money between countries and nations. It can make many people richer and prosperous. But what is Forex? What is the meaning of Forex market?
Forex is the combination of starting words of two letters that are Foreign and exchange. Where the place that exchange money (buy and sell) and make profit is called as Forex Market.
In forex trading, currencies are exchanged to earn profit. The most important feature of this trading is that it is done on global level means people around the world can place trades and earn profits. It is estimated that more than trillion US dollars trading is done in a day. Forex trading like share market works for 5 days starting from Monday and ends at Friday making it 24/7 business. The big guns of forex trades are large banks, International corporations and large financial institutions.
The theme of forex trade is "free floating currencies". "Free floating currencies" are used for those currencies which are not supported by any specific product like diamond, gold, silver, oil etc.

9 comments:

The term forex defines foreign exchange. It is to be understood that the forex market is a platform where the activity of forex market trading is undertaken. The people involved are investors who try to make profits by speculating on the rise or fall of the value of different currencies.

Signals Forex

The foreign exchange market(forex )is a global,worldwide-decentralized monetary sell for forex.Foreign exchange Market assists international trade and investment, by empowering currency conversion.

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The forex market is the most fluid market in the world. There is only one commodity traded on the forex market; cash. Every nation in the world deals with one form of money or another, so there is always a demand for this asset. Deals are rarely drawn out, taking longer than they should to complete. Since forex is a worldwide market, there will always be somebody willing to trade with you.

GXG Markets UK


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Thanks for sharing this great post. It’s very enlightening. I absolutely love to read informative stuff. Looking forward to find out more and acquire further knowledge from here! Cheers! Forex Tips

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