70 likes | 83 Views
Understand Forex Market: what are the forex market, types of the forex market, advantages of the forex market, and the most traded currency pairs?
E N D
SMARTINVESTMENT UnderstandForex Market www.capitalxtend.com
SMARTINVESTMENT WhatisForex Market? Forex,orforeignexchange,isallaboutexchangingone currencyforanother.Thisprocessisimportantfor businesseswhooperateinternationallyandneedtobuy orsellproductsindifferentcountries.Currency exchangeisalsonecessarywhentravelingtoacountry withadifferentcurrencythanyourown. Tobeginonlineforextrading,itisessentialtofirst understandsomeofthebasictermsusedinthismarket.
TypesofForex Market SMARTINVESTMENT ØSpotForexMarket ØForwardForexMarket ØFutureForexMarket ØOptionsMarket
SMARTINVESTMENT AdvantagesofForex Market Ø24hoursaday ØMarketwithhighliquidity ØLeverage ØWiderangeofcurrencypairs ØHedgingwithForex ØHighVolatility
SMARTINVESTMENT MostTraded CurrencyPairs MostTradedCurrencyPairsare: ØEuroandUSdollar:EUR/USD ØUSdollar&Japaneseyen:USD/JPY ØBritishpoundsterling&USdollar: GBP/USD ØUSdollar&Swissfranc:USD/CHF ØNewZealanddollar&USdollar: