“Trading forex, derivatives and leveraged products carries a high level of risk, including the risk of losing substantially more than your initial investment. You should ensure that you fully understand the risks involved and seek independent advice if necessary before you start trading.”

What Exactly Is The Meaning of Forex

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 What Exactly Is The Meaning of Forex


Forex is trading currencies that are different from each other. So forex stands for Foreign Exchange. We can take an example to buy GBP Poundsterling money and then on the other hand sell USD Dollars, so we call it GBPUSD. Forex works 24 hours a day and 5 days a week. If calculated in 1 month means 20 working days. So Saturdays and Sundays markets will be closed.

Some of the advantages of forex trading :
1. You can make Buy or Sell (Short / Long) to make a profit
2. You can trade forex any time
3. In forex you can trade without using large capital
4. There are lots of brokers who open the forex system so it makes it easier for you to find the best and most trusted

Before trading, keep in mind all trading basics and basics for analysis.

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