Monday, September 7, 2009

What is Forex Trading

The foreign exchange (currency or forex or FX) trading occurs one currency is traded for another. It is the largest financial market in the world, and includes trading between currency speculators, central banks, governments, multinational corporations, and other financial markets and institutions.

The average daily trade in the global forex markets currently exceeds US$ 2 trillion. Retail traders also participate indirectly through brokers or banks

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