HOW TO REALLY MAKE MONEY IN FOREX
What is Forex?
What is Forex?
Foreign Exchange popularly renowed as Forex otherwise FX is a market used for the buying and selling of diverse currencies and it is one of the fastest growing avenues to making money online. Transactions on the market are complete through electronic process (Internet and telephone) through an intermediary called the Forex broker. However, major trading 'centers' exists in London, New York, and Tokyo. Other trading 'centers' are: Singapore, Frankfurt, Geneva & Zurich, Paris and Hong Kong. Forex market is made up of various players: individual trader, institutional traders, banks, other financial institutions (investment firms, pension funds and enclosed funds etc), and governments through their Central Banks. An estimated $3.5trillion worth of transactions are being traded daily on the market and it is opened 24/6. Forex market is an unfettered market, making it reachable to everyone and easily exited by its players. This makes it impossible to know the whole number of players in the market at a particular time.
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