Dot Forex Online

What is forex?

The meaning of forex is “foreign exchange market”. Forex is the biggest worldwide financial market, where currencies are traded. To understand this kind of market, you have to know that the exchange currency is the basic concept of the forex. Probably once in your life,  you had to exchange your currency in another country.

Unfortunately all worldwide currencies have not the same value, because it is influenced by many factors.

If you want to trade in the forex market this means that you have the following goals: (continue reading…)

DIFFERENCES BETWEEN STOCK TRADING AND FOREX TRADING:

The forex market also known as interchange market or FX market which is a volatile and high liquidity market. Merchandising which occurs between 2 regions with different currencies is the foundation of forex trading and the background of the merchandising in forex market. The forex trading is around 30 years old and started way back in 1970. The forex trading is one market which is not dependent on any single business or investment in a particular business but on different businesses and currencies.

The variation between the forex market and stock market is the huge retail which happens in forex trade. There are millions of quantities traded everyday in forex market, almost around trillion dollars each day. There is a bigger than the highest amount of cash that is traded on the daily regular stock market of any nation. The forex market is the one which involves banks, financial institutions, governments, and the people of similar other countries. (continue reading…)