What is Forex? Part-1

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Forex or foreign currency trade spot forex. A country's currency in the Forex market, you can buy and sell currency of one country.For Example, America's currency is limited to USA dollar, the currency of Britain or UK pounds. Forex market by selling dollars, you can buy a pound or pound-dollar sale. Dollars or pounds excluding the currency of the country in which the Forex market, you can sell.


How you can earn from forex market?

Always having to change the currency of the country. You may have seen in the newspapers that sometimes the dollar is strong against the dollar, is expected to strengthen against the dollar again. Is opposite to that of the world's currencies. So, if you are buying the dollar, after the price of the euro against the dollar by selling dollars when you can buy the euro. Again, if the euro strengthens against the dollar, the euro and the dollar sales can get. 






Maybe you had $ 100, which was purchased by selling 80 euro. The euro price rises to $ 120 after it was sold. This way, you can earn. Just look at the share's price to increase market share (buy), we can profit. But in the forex market, the currency is strong or weak, Haque, both of us have the opportunity to profit in the forex market is the biggest advantage.

Forex Trade Facility

1. In the past, only the rich or the banks would have the opportunity to trade the forex market. But now with the changing time and the advent of the forex broker due to the increase in competition from any country in the world that no one can trade the forex market.

2. Only 1 dollar to trade forex as possible.  Almost all Brokers will provide you a free demo trading, with virtual money. So first you have to prepare yourself to a free demo trading and demo trading success of the deposit you can start the real trade.

3. The scope of the Forex market is much larger and market manipulation as possible. New York is the world's largest stock market, stock market and the forex market size more than 25 times. Remember, the value of the dollar or the euro, does not determine the value of a country's government. The country's economic situation and financial issues in the context of the country's currency value is automatically changed. The dollar or the euro, the dollar or the euro in the world at the same time will sell.
 
 
4. Forex Scalping is a very popular word. This means being open to trade for a very short period. Very few changes made in the forex market as possible. Some 10 or 15 seconds to open a trade and profit of the trade when it goes out.
5. Forex market from Monday to Friday, 5 days a week for 4 hours in the day-night stays open. And so, you Businessman or Job worker, forex market, you can trade your convenience.

6. Forex trading allows you sitting at home, there is no need to go outside. And so the family can give you plenty of time.

7. To trade the forex market you need to be online all of the account opening deposit or withdraw from the account is open.

8. If you can trade in, then we encourage you to deposit and if you can manage their trade and you'll get a portion of their profits.

Above all, this is a successful and experienced Forex traders can earn a large amount of the market.

It is recommended that to be an efficient and successful trader, you have to read a lot about the Forex market, will make himself eligible for this market. Forex market without knowing something that no one can earn a lot at first. Remember, the forex market is like the stock market is challenging. Initially you may not know that you can be successful in the stock market and many others. However, the long-term survival, there is no alternative to the expert.

And one thing, the forex market is not recession. You can not just buy because the stock market, the Forex market can either buy or sell.

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