hi,
I would like to share with you, what you should know before starting to trade Forex.
Forex is: -
- Forex (Foreign Exchange) is foreign exchange.
- It is also called spot market.
- Currency exchange, about 4500 banks around the world.
- No headquarters (HQ) or a specific location exchange transactions.
- All of the transaction and currency translation done
- online through the Internet.
- Daily transactions involving 1.5 trillion U.S. dollars.
- Forex is open to small investors since 1995.
- Small investors can deal in forex by two types
- the regular and mini account with the use of leverage.
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