a few words
About Forex Market
Currency trading, also known as FX or forex (foreign exchange) trading, enables traders to take advantage of increases and decreases in a currency’s value. The foreign exchange market is the most liquid in the world, with a daily trading volume of over $5 trillion. Discover the potential benefits of online forex trading with a global award-winning broker. Currency traders, or FX traders, buy and sell currency pairs using a forex broker as the intermediary that facilitates the transaction between the buyer and the seller.
Once you The most popular pair traded in the Euro vs. the American Dollar. The currency on the left is called the base currency, and is the one we wish to buy or sell; the one on the right is the secondary currency, and is the one we use to make the transaction. Each pair has two prices – the price for selling the base currency (ask) and a price for buying it (bid). The difference between them is called a spread. Some other terms of the online Forex trading world are Going long and Going short, which stand re-spectively for ‘buying’ and ‘selling’.