What is Forex ?
Forex, or Foreign Exchange, is the
simultaneous exchange of one country's currency for that of
another. Speculators in the FX market wish to purchase or sell
one currency for another with the hope of making a profit when
the value of the currencies changes in favor of the investor
read more |
Why trade
forex?
Over the last three decades the foreign
exchange market has become the world's largest financial market.
With over $1.8 trillion USD traded daily, it is more than three
times the aggregate amount of the US equity and treasury markets
combined.
read more |
The Basics of
Currency Trading
n the Foreign Exchange market, currencies are
traded in pairs. For instance, a speculator may trade the Euro
versus the US Dollar, EUR/USD, or the US Dollar versus the
Japanese Yen, USD/JPY. The base currency is the term for the
first currency in the pair.
read more |
