Forex as you may have understood from the title is derived from and stands for Foreign Exchange. What is foreign exchange you ask? Foreign exchange refers to the trade of foreign currency. Yes, like stocks and other commodities, foreign currency is also traded. Not only that, the forex market is the largest in the world, and has a daily turnover of close to a trillion and a half US dollars!wow...how a wonderfull
Unlike stock exchanges, forex is not traded on any exchange. It is traded through financial institutions like banks, brokers, and private dealers and individuals. Trade execution takes place mostly through telephones, and increasingly, the internet. Also, the required investment/deposit was a huge sum earlier. But now, due to the net revolution and the smaller capital required, forex trading has percolated to the individual level.Do you know how it happen? thats a really...if you want to know just click this
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