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Wednesday, July 8, 2015

What is Forex?


What is Forex? Forex FX English acronym which is composed of the Foreign Exchange and has proven that word takes its place as the indispensable financial markets. Because daily trading volume of 5.5 trillion dollars in the largest and fastest growing financial markets that people have played an important role in the world closer to the forex market. Which is a foreign exchange market in different countries exchanged their money. Although based on exchange of foreign currency in the Forex market as a result of this market is expected to see more interest from gold, silver, such as processing in different stock market indices on the outside of the oil and precious metals are capable entered. The most traded pair in prices in the days varies more than 18000 times. This is a relatively small price movement of (1 point) through the market, and is working perfectly liquid. Participants of the Forex market, commercial banks, central banks, portfolio management firms, insurance companies, large companies, protection (hedging) are funds and individual investors. Forex market is no general processing center where orders. Because there are geographical commercial centers in different parts of the world. According to the importance of these centers as London, New York, Tokyo, Singapore, Frankfurt, Zurich, Paris and Kong Kong. Operations; banks, institutions, and that can be done during 24 hours via electronic networks among individual investors. Forex day with only an Internet connection today is a very active market for investors of all sizes can access any time.

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