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About Forex What is FOREX? The foreign exchange market, also referred to as the "FOREX" or "Forex" or "forex" or "Retail FX" or "Spot FX" or simply called "the Spot" was the 1997 financial market in the world, with a volume of about $ 2 trillion per day. If you compare that with the $ 25 billion a day volume traded New York Stock Exchange, you can easily see how the magnitude of Foreign Exchange. That number is actually equal to more than three times the total number of shares and upcoming markets combined! Forex rocked! What is traded on a Foreign Exchange? The simple answer is money. Trading Forex is the simultaneous purchase of one currency and selling another currency. Currencies
are traded through a broker or dealer, and traded in pairs; for example, the Euro Dollar with the US dollar (EUR/USD) or pound sterling United Kingdom with Japan Yen (GBP/JPY).
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