About Forex
Jago Forex Trading - What is forex . Simply put forex is the exchange or buying and selling currencies. Examples of daily forex transaction is the exchange of the Euro currency with the dollar at money changers.
If we want to travel to America , then we will buy dollars in the money changer by selling euros corresponding currency value on that day. Likewise his return from the rest of the American dollar sold at the money changer and we are buying Euros. Another example is the forex transactions on export-import activities involving different currencies .
Currency exchange rate differences between countries and price fluctuations ( rise and fall of currency values ) used to take advantage. Buyers will get a profit if you buy a currency at a low value and sell it when the price of the currency rises.
Actors who trade forex Market ?
Forex market players is composed of great players , brokers ( brokers ) , and the retail trader. Which included major players is a state institution and major banks . Forex activities they are doing is for the benefit of trade between countries and certain business interests . While the forex broker is the liaison manager who became a retail trader with a large institutional market or earlier. A trader can start trading with small capital. Usually the required capital to be $ 250, but now with the online trading, you can start with a deposit ranging from $ 1 .
What is forex?
4/
5
Oleh
rikixy' Site