Category Archives: What is Forex

Ways To Avoid Forex Trading Scams

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Foreign exchange (Forex) trading is one of the most effective revenue generating and profitable form of investment nowadays, thus numerous investors and individuals are into forex and they are also very particular with forex trading scams. However, there is huge risk associated with forex trading because of the presence of forex trading scams. Why is forex trading? Why is it getting popular nowadays? What are the ways to avoid becoming a victim of forex trading scams? To know more about forex and ways of preventing becoming a victim of forex fraud, read the article below. Continue reading →

Forex Day Trading – The Dangers And Benefits

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People will find that Forex Day Trading has many benefits over trading on other markets. One of the major advantages is the fact that one can trade anywhere and at any time, since there is always a market that is open somewhere in the world. Since different markets are located in countries which are located in different time zones, there is always one market open at any time of the day. Continue reading →

Automated Forex Investments And Trading May Be What Floats Your Boat, Literally

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The foreign exchange market is a global financial market for exchanging currencies, which largely relies on automated Forex investments. It assists internal trade and investment by allowing businesses to convert one currency to another. It allows companies to shop outside the national borders in which they operate and make purchases using the local currency. The market is unique in that it operates 24/7 except for weekends, in that it trades in the world’s largest asset class, and in that it is geographically unlimited. Continue reading →

What is Forex?

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What is Forex?  Forex refers to ‘foreign exchange’ and is indeed currency trading. It is the world’s largest financial markets (with a daily turnover over $3 trillion), in which a nation’s currency is traded for that of another. In other words, a trader buys a currency by another one. Since the forex market has no physical location, it has chance to operate on a 24-hour basis, spanning from one zone to another; and this is indeed the most noticeable advantage of forex, as the traders can trade 24h during the 5 working days. Continue reading →