alfafinancials5
Forex trading, which stands for foreign exchange trading, is the conversion of one currency into another. It involves the simultaneous buying of one currency and selling of another.
Forex trading, which stands for foreign exchange trading, is the conversion of one currency into another. It involves the simultaneous buying of one currency and selling of another. Forex trading takes place on the Forex Market where all participants buy and sell currencies; participants that include central and commercial banks, companies, hedge funds, brokers, and retail clients. In trading, you will be presented with 2 prices, the sell price and buy price.
The Forex industry uses a lot of forex-specific vocabulary. To help you out, we’ve compiled a few terms that are the most common or are the most important to know when getting involved in Forex.
