Forex is transaction of trade in certain countries currency against other currencies in which prices are determined by the mechanism of the major money markets in the world, Forex is 24 hours a day and a holiday on the weeked. by reason of the level of liquidity and price movements of high acceleration, then Forex trading is now a popular investment alternative for ROI (Return Of Investment) as well as the benefits to be gained can exceed the average trade in general, for an average return of more than 5% -10% every month, can even reach more than 100% each month for professional traders.
Besides online forex trading also has a very high risk, if you do not have enough knowledge and good financial management arrangements. Investments in trading foreign exchange (forex), provides a promising alternative income.
What was traded in the forex market?
forex market is the money market, of course traded is money. Currencies are traded through brokers each other in pairs, for example the Euro dollar and U.S. dollar (EUR / USD) or U.S. dollar and Japanese Yen (USD / JPY), U.S. dollar and British Pound (USD / GBP).
Currency trading in forex is to buy physical. but online. for example to buy the currency as the purchase of shares in a particular country. When we buy, say, U.S. dollars, you actually buy shares in the U.S. economy, another example of the English pound you actually buy shares in the British economy.
The Forex market operates 24 hours a day through an electronic network of banks, corporations and individual traders. Forex trading begins each day in Sydney, then moved to Tokyo, followed by London and New York. The major market makers, or dealers, consist of commercial banks and investment, exchange traded futures, and registered futures commission merchant. Unlike other financial markets, foreign exchange market has no physical location and no central exchange
