close
    what is forex

    +1  Views: 933 Answers: 4 Posted: 13 years ago

    4 Answers

    FOREX — the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.


    Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.


    Source: Forex trading system

    FOREX — the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.

    An Aussie Beer,

    My junk mail box is filled with invitations to trade the forex market. Does anyone on this site do this and what are your results?



    Top contributors in Investing category

     
    Chiangmai
    Answers: 63 / Questions: 3
    Karma: 1485
     
    ROMOS
    Answers: 34 / Questions: 0
    Karma: 1395
     
    Benthere
    Answers: 3 / Questions: 0
    Karma: 1320
     
    Colleen
    Answers: 77 / Questions: 0
    Karma: 1305
    > Top contributors chart

    Unanswered Questions

    ball88tech
    Answers: 0 Views: 9 Rating: 0
    jl111org
    Answers: 0 Views: 8 Rating: 0
    fun888decom
    Answers: 0 Views: 8 Rating: 0
    8PG
    Answers: 0 Views: 10 Rating: 0
    78win
    Answers: 0 Views: 10 Rating: 0
    23winvncocom
    Answers: 0 Views: 10 Rating: 0
    tt88review
    Answers: 0 Views: 15 Rating: 0
    39BET
    Answers: 0 Views: 14 Rating: 0
    > More questions...
    528749
    questions
    766085
    answers
    876683
    users