What is FX Trading?

The term ‘forex' stands for ‘foreign exchange', the trading of world currencies. Most of us are familiar with the term ‘trading', which means to buy and sell a product or service with the aim of realising a profit. Forex trading is therefore the process of buying and selling currencies with the aim of making a profit. If a forex trader, for example, believes that the value of the Euro will appreciate in the future, he or she will buy a certain quantity of the currency in the hope of selling it at a profit at some point.The price of a foreign currency, such as the Euro, is always quoted in relation to that of another cur

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