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Forex Trading Broker - Ahmedabad
Tuesday, 20 August, 2024
Item details
City:
Ahmedabad, Gujarat
Offer type:
Demand
Price:
USD 1,500
Item description
Forex (FX) is the most popular instrument traded around the world and is the most liquid market. This means there are opportunities to buy and sell a wide range of currencies from around the world, every moment of every day.
FX is a market where you’re able to exchange one currency for another. When you ‘sell’ a currency, there is a buyer for that currency somewhere else. Now, the exchange rate between those two currencies is what’s important when trading forex. The exchange rate is constantly fluctuating, and it’s these fluctuations that allow market speculators to earn from trading.
The FX Markets are moved by economic, political and geographical events with traders ready to take advantage of with a daily trade volume of $6.5 trillion dollars, the forex market itself is huge! It eclipses the likes of the New York Stock Exchange (NYSE) which, by comparison, has a trading volume of only $22.4 billion per day.
The Fx Market’s attracts a wide range of different participants, including Central Banks, Investment Managers, Hedge Funds, Corporations, Brokers and Retail Traders – with 90% of those market participants being currency speculators!
FX is a market where you’re able to exchange one currency for another. When you ‘sell’ a currency, there is a buyer for that currency somewhere else. Now, the exchange rate between those two currencies is what’s important when trading forex. The exchange rate is constantly fluctuating, and it’s these fluctuations that allow market speculators to earn from trading.
The FX Markets are moved by economic, political and geographical events with traders ready to take advantage of with a daily trade volume of $6.5 trillion dollars, the forex market itself is huge! It eclipses the likes of the New York Stock Exchange (NYSE) which, by comparison, has a trading volume of only $22.4 billion per day.
The Fx Market’s attracts a wide range of different participants, including Central Banks, Investment Managers, Hedge Funds, Corporations, Brokers and Retail Traders – with 90% of those market participants being currency speculators!
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