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SWIFTROYALS
Forex Trading
Forex trading is the process of speculating on currency prices to potentially make a profit. Currencies are traded in pairs, so by exchanging one currency for another, a trader is speculating on whether one currency will rise or fall in value against the other.
The foreign exchange market, more commonly known as forex or FX, is famous for being one of the most exciting markets that exist in this day and age.
It boasts a fast-paced market that sees trades being completed left and right without the hassle of needing to meet each other in person. The forex market is the “place” where currencies are being traded.
FOREX Trading
Forex trading is the act of buying or selling currencies. Banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism, or making a profit.
Currency is traded in pairs, in both spot and futures markets. The value of a currency pair is driven by economic, political and environmental factors, such as wars, natural disasters, or national elections.
FOREX
Forex market (short for “foreign exchange”) is the largest and the most liquid financial market where the global currencies are traded. Forex traders purchase currencies with the intent to make money off of the difference between the buying and the selling prices.
