Forex is a market in which an investor can exchange one monetary unit for another in real time, according to the exchange rate of the world’s largest over-the-counter participants. This financial sector is so global and highly liquid that it is not tied to any specific exchanges.
The term Forex itself comes from the abbreviation Foreign Exchange, which in English means “currency exchange”. The daily turnover of this market exceeds $5 trillion. This amount is several times greater than the total turnover of all the world’s national stock markets.
How to achieve success in currency trading?
Beginners in the field of investing may think that working with currency pairs is a fairly easy task. But over time, it turns out that without training in Forex basics, main strategies and nuances of working with this market, you will not be able to get a lot of income. It is the presence of a good knowledge base about the field that determines the success of the transaction. After all, a professional trader can calculate in advance all the risks of Forex trading.
Training in working with currencies is not some general course that you can take once and work calmly, but information that is updated daily.
In order not to miss anything important, we suggest that you familiarize yourself with this section. It contains Forex market news, articles from professional traders and advice for novice financial players.
All the most interesting things are here!
