How Online Currency Trading Works

Forex provides traders with the ability to conduct on-line currency trading. The term FOREX is an acronym and is derived from 'Foreign Exchange', that is the hugest and greatest monetary market in the world, with an estimated turnover of $1.5 trillion a day. The large players in the FX market are brokers, banks, monetary institutions, and a few non-public individuals. Most trades are executed online, more often than not using some kind of high-tech trading software platform. Some people, however, still execute their trades right over the phone, like most trading has been in deep trouble decades. And there is no shortage to th

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