Online Forex Trading
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About Online Forex Trading
What Is Forex?
Although it doesn't get as much media attention as the stocks or bonds markets, the foreign exchange market (more commonly known as "forex" of “FX”) is the largest financial market in the world. According to the Bank of International Settlements, in April 2016, trading in the foreign exchange market averaged over $5.1 trillion every day. Simply, forex is the market in which currencies, or money, are traded. While it may seem counterintuitive, the forex market allows you to buy and sell money.
Although it doesn't get as much media attention as the stocks or bonds markets, the foreign exchange market (more commonly known as "forex" of “FX”) is the largest financial market in the world. According to the Bank of International Settlements, in April 2016, trading in the foreign exchange market averaged over $5.1 trillion every day. Simply, forex is the market in which currencies, or money, are traded. While it may seem counterintuitive, the forex market allows you to buy and sell money.
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