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Join date : 2015-02-14

PostSubject: What Forex   Mon Mar 02, 2015 10:14 pm

What is Forex?

Forex History

What Forex? logo.jpg
Forex is a term used to describe the global currency market and can also be referred to as FX. It is through this market are all World Currency trading. The establishment of this market in 1971, when international markets moved from fixed price to variable exchange rates. As a result, market size and liquidity of immense, the forex market has become the largest and most important financial markets in the world.

Here are some key features that constitute the source of the success of this market:

Forex market is available 24 hours a day, 5 days a week
Trading and high liquidity in the market provides ease of handling most currencies
You can make a profit from rising prices and falling at the same time
You can take advantage of doubling your winnings using the leverage that can be used simple requirements
The presence of special tools that will help you and allow you to select your own risk
Forex market is transparent and clear the market, all you have to do is follow the news and information on the market

Exchange rate

Forex market plays an indispensable role to determine prices and the global exchange. The exchange rate is the number of units of the country's currency, which must be exchanged in order to get one unit of currency of another State. Market exchange rate between two currencies is determined by the official and private interaction between participants in the foreign exchange market rates.
Market participants

The main participants in the foreign exchange market are: central banks, commercial banks, financial institutions, reserve funds, businesses and individual investors. The main reasons for share them in the foreign exchange market are:

Earn a profit from fluctuations in currency (speculative)
Protection from currency fluctuation, which is derived from the trading of goods and services (fencing)

With technological development, the net global network and an easy way to become trading, also could offer to individual investors and traders access to all news of the forex market, technology, and tools.
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