Online FX Trading

What is FX market?Today my this post is about "FX Trader" a huge and largest market in the world with over $1.9 trillion changing hands daily.Forex is the market where one currency is traded for 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 in favor of the investor,but it is also very risky.You can lose $100 within a minute and same its opposite. It is also referred to as the "Forex" or "FX market". Compare that to the New York Stock Exchange at $28 billion, the equities market at $191 billion and the daily value of the futures market at $437.4 billion, means FX market alone is approximately three times the total amount of the US Equity and Treasury market combined.The Forex market, established in 1971,was created when floating exchange rates began to materialize. Unlike other financial markets, the Forex market has no physical location and no central exchange. It operates through an electronic network of banks, corporations, institutional investors and individual trading one currency for another.

Most Actively Traded Currencies:
EUR - (Euro)
USD - (US Dollar)
GBP - (Great British Pound)
CHF - (Swiss Franc)
JPY - (Japanese Yen)
AD - (Canadian Dollar)
AUD - (Australian Dollar)
An exchange rate is simply the ratio of one currency valued against another.For instance, the USD/JPY exchange rate specifies how many US Dollars are required to buy a Japanese Yen, or conversely, how many Japanese Yen are needed to purchase a US Dollar.Currencies are quoted in pairs like EURO/USD or USD/JPY.
I again told you that it is highly risky trading But also very honest and unique trading. I also already joined it, some time I lost some money and some time I gain it. FX trader give facility to Demo account where you can practice before creating the original account.Demo account allows traders to become familiar with FX Trader.Here is a link sign up for a free practice account:www.forex.com

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