What is Forex Trading?

Forex trading has been in existence since the 70’s of the XX century. It is a fast-growing and one of the most heavily traded markets in the world. The daily online trading turnover on Forex is worth almost 4 trillion US dollars.

It is a well-known fact that any financial market runs a serious risk of a possible collapse. However, unlike other markets (stock and commodity), Forex trading is secured from a crash thanks to the specifics of its commodity, namely a currency which is the most liquid and reliable trading instrument among all available ones.

Thanks to the Internet, online traders can make deals with customers from other countries. So, non-stop dynamics of foreign currency exchange rates, traders’ intellectual abilities, and state-of-the-art software make it possible to set up a lucrative business in no time.

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