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What is Forex trading ?

How does forex trading work? Forex trading works by simultaneously buying one currency while selling another. If the currency you have bought increases in value against the currency you have sold, you can close your position for a profit.

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What is Forex trading ?

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  1. Forex Trading theforexsecret.com

  2. What Is Foreign Exchange? • Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world’s currencies trade. • It is trading of currencies from different countries against each other. • The FX market is the place where different currencies are traded Capture Audience Attention • More than 90% of all currencies are traded against the US Dollar (USD) theforexsecret.com

  3. Benefits Of Forex Trading • Time and place flexibility- As we know the market is open 24 hours each day, so we don't have to worry about the managing our own time. • Highly liquid market- The market is so huge, that is extremely liquid. • Low transaction costs- The transaction costs are determined by the bid spread, is usually less than 0.1%, and in case of large dealers it may be even lower. • Margin Based Trading- Once you have funded a margin account with you broker, you can engage in any trading activity you wish is so long as you have sufficient margin remaining in your account. theforexsecret.com

  4. Different Ways To Trade Forex • Spot Forex Spot trading most commonly refers to the spot forex market, on which currencies are traded electronically around the world. Most spot currency trades settle two business days after the execution of the trade, with the exception of the U.S. dollar vs. the Canadian dollar, which settles the next business day. • Futures Futures are contracts to buy or sell a certain asset at a specified price on some future date. it is a binding contract between the two parties, which allows them to trade a certain amount of currency pair at predetermined price in future time. theforexsecret.com

  5. Different Ways To Trade Forex • Options An "option" is a financial instrument that gives the buyer the right or the option, but not the obligation, to buy or sell an asset at a specified price on the option's expiration date. if a trader "sold" an option, then he o she would be obliged to buy or sell an asset at a specific price at the expiration date. . Exchange- traded Funds Exchange- traded funds or ETFs are an investment fund which are traded on the stock exchanges like shares . They are invested in a single currency or basket of currencies . the investor who are not more inclined towards futures or forex markets uses currency ETF's. theforexsecret.com

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  7. THE FOREX SECRET theforexsecret.com

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