Forex or the Forex market is all
common shortcuts for the foreign exchange market. In fact, it is the largest
financial market in the world where they are buying and selling currencies
freely. On its current status, the Forex market was launched in the seventies
of the last century, and that while the liberalization of exchange rates so
that it has become participants in this market only are the ones to determine
the price of any currency against other currencies based on supply and demand
levels. When it comes to freedom and to stay away from any external control is
to achieve free competition, the Forex market is the perfect place to achieve
all these things. This is because the daily trading volumes in the Forex market
amounting to several trillions of dollars, which means that the currency market
exceeds in size three times the total size of the stock market and the U.S.
bond together. Forex market is the market share across networks where buyers
and sellers meet to conduct treatment using technological means of
communication.
Unlike other financial markets,
the Forex market has no physical entity or central exchange. Since this market
is not expressed in place of the physical exchange of the trades taking place
on an ongoing basis over the twenty-four hour saluting moving from one time
zone to another by navigating through the major financial centers in the world,
on a daily basis. Trillions of dollars of foreign currency exchange activities
occur on a daily basis in the Forex market. Since 1997 and until the end of the
year 2000, the volumes traded daily FX rose almost five billion dollars to 1.5
trillion dollars and maybe more (according to some recent studies, the trading
volumes touched the level of $ 1.7 trillion per day is superior to all other
financial markets combined). I think it's really difficult, if not impossible.
- To determine an exact figure absolute because Forex trading is not through a
central exchange, but the thing is certain is that the Forex market continues
to grow at an amazing rate.
Before the advent of the Internet
and electronic commerce, the big companies and multinational banks and high net
worth individuals they are entitled to trading in the Forex market through the
use of trade regulations-owned banks. These systems require about one million
dollars at a minimum to open a trading account. Thanks to modern technology
developments, especially with regard to the internet, investors today can use a
few thousand dollars to enter into the Forex market over the twenty-four hours
a day, five days a week.
The Forex market is a cash market
does not stop where it is the trading of currencies of countries in connection
with, usually through brokers who call them Forex brokers. Foreign currencies
are continuously sold and purchased through local and global markets in more
than investors or detract from the value of a single investment based on
currency movements. Forex market conditions may change at any moment in
response to current events and that Forex is classified as one of the most
volatile markets and fragile. Also, the Forex market conditions do not remain
intact, but never changed almost every second. Trading volumes in the foreign
exchange market exceeds all bundled transactions that occur in the stock
markets and futures markets in both London and Tokyo. According to the size and
scope, the Forex market eluting times the size of other markets. Statistics
indicate that the immediate and targeted trades that occur in the interbank
market will be divided as follows. 51% in the form of transactions Forex
Instant followed by 32% in the form of currency swap, transactions Forex
explicit also represent 5% of the daily trading volume, with options
transactions "interbank" equality is also about 8% and therefore, the
accounts interbank market is devoted to about 96% exchange market foreign
exchange in the 4% on the other side is divided between global futures
exchanges.
For traders, the Forex Trading
represents an alternative to trading in the stock market. While there are
thousands of stocks to choose it, it has a number of key stocks that are traded
in the Forex market (the U.S. dollar and the Japanese yen against the British
pound and the Swiss franc and the euro is the most popular currency). Forex
Trading also awarded Rolling crane over what is happening in the stock market
as well as a minimum level of investment in order to start trading. Add to that
the ability to choose a suitable trading times (Forex trading are done over the
twenty-four hours) hence may be known probably the reason why many stock
traders to leave their fields and arriving about Forex trading.
Hey Ya'll,
ReplyDeleteBelow is a list of the most recommended forex brokers:
1. Best Forex Broker
2. eToro - $50 minimum deposit.
Here is a list of money making forex tools:
1. ForexTrendy - Recommended Probability Software.
2. EA Builder - Custom Strategies Autotrading.
3. Fast FX Profit - Secret Forex Strategy.
I hope you find these lists beneficial...