Forex is?

Forex Trading is trading currencies from different countries with each other . Forex is short for (Foreign Exchange ) is the exchange and foreign currency trading or commonly referred to as Forex trading ( Foreign Exchange ) . For example , in Europe the currency in circulation is called the Euro ( EUR ) and in the United States , the currency in circulation is called the U.S. Dollar ( USD ) . An example of a forex trade is to buy the Euro while simultaneously selling U.S. Dollar . It is called will be abbreviated EUR / USD .

While , whose name Forex market is a non - stop cash market where currencies are traded states that, typically via brokers . Foreign currencies are constantly and simultaneously bought and sold in the local and global market then experienced " an increase or decrease in value based upon currency movements . Foreign exchange market conditions can change at any time in response to real -time events .

Forex market is often referred to as the foreign exchange market , this is a large market with growing and liquid financial ( deposit and can be withdrawn at any time ) that operates 24 hours a day . This is not a market in the traditional sense because there is no central trading location . Most of the trading is done through a network via electronic trading . The foreign exchange market enables companies , banks and other financial institutions to buy and sell foreign currency , a large amount .

The main market is the currency market for " inter- bank " where banks , large corporations and large financial institutions to manage the risks associated with fluctuations in currency exchange rates .

- MAJOR CURRENCIES
The following are the major currencies that are traded in the market :
U.S. Dollar ( USD )
Japanese Yen ( JPY )
Euro ( EUR )
Canadian Dollar ( CAD )
Australian Dollar ( AUD )
Swiss Franc ( CHF )
British Pound ( GBP )

- MARKET ACTORS
In general , forex Market participants came from various groups including :
• Subscribers
• Banks and Financial Institutions
• Broker
• Government
• Business Performer
• Speculators

Trading in Forex International is a 100 % Legal Tax Exempt and Government law and religious law .

Forex or Foreign Exchange Trading is NOT gambling , Forex trading can be analyzed as REAL , besides that Forex is also the same as the trade in general and differ only in the object alone ( in Forex is the currency object , while the object is in the public trading of goods or services ) .
Forex can mean like you exchange money at the money changer by utilizing the difference in exchange rates trading.

- Objective Forex Trading
In a simple and basically , our goal is to achieve a profit trading or profit . So this is what will be one of the main goals in the final and our learning process . However, usually without realizing it and you will get transformed into a figure who is more disciplined , patient , calculating , and can control themselves well . Because you can not possibly make a profit that is stable without it all .

- Forex Risk
Forex like a double-edged sword . With forex can make us rich quick , but the opposite can also scrape snap out of our capital . So that forex has a high risk factor . So understand completely the risks in forex and do not let any of the steps .

Forex Trading is High Risk but also can provide a very high level of income , especially for experienced traders . You have to learn it first before plunging steadily to Live Trading , and do not use all your money where you can not take it if the money is lost .

Trading wisely , professional and Do not be Greedy . Profit and Risk Everything is in your hands thoroughly