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November 22, 2017
The forex market, also known as the foreign exchange market, is where the globalised trading of currencies is carried out. The essence of trading currencies is to attempt to profit from the variations in the rate of exchange between one currency and another. Currency trading is possible because many of the world’s currencies are allowed...
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For any beginner, choosing the right forex broker is critical for trading success. However, a lot of tutors fail to mention this single important subject to new traders before they invest their money in the markets. Picking the right online brokerage is essential because you cannot trade the forex market directly. Instead, it is the...
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What is Forex Trading? Forex trading involves dealing in the financial markets by speculating on the value of a currency over time. Traders who participate in forex trading aim to buy or sell one currency against the another. They do this with the intention of taking advantage of the change in currency prices by speculating...
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The very essence of the forex market is the flotation of currencies, which allows the value of each individual currency to be impacted by the forces of demand and supply. Supply and demand is created by all the market participants, in response to various market-driven stimuli. The combination of all these factors is what ultimately...
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Introduction Forex brokers are entities that connect forex traders with the forex market. By so doing, forex brokerage firms offer traders the opportunity to get into contact with the banking network where currencies are traded and execute their trades. These brokerages allow traders access into the market using their trading platforms. In addition to that,...
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