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Forex Trading Basics

Posted By On 10/25/2007 05:38:00 PM Under
1. The "FOREX" (FOReign EXchange) or "FX" market is the largest financial market in the world amounting to more than 2.5 trillion dollars.

2. It operates virtually around the world while trading enormous amounts of money. This daily volume is larger than the combined volume of all the world stock markets and participants are banks, organizations, investors and private individuals,and retail investors.

3. It involves trading in currency as desired by an individual. As individuals or companies from one country trade across borders, the need for foreign currency arises. Thus it provides trading opportunity across the country barriers.

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