Forex Trading

Forex is the combination of the two words – Foreign Exchange. But this is not the exchange of one currency to another as it happens in, for example, money exchanges – this is a fast-growing international currency market that was created in 1971 when international trade switched from fixed to free currency exchange rates. Since then the price of a currency in comparison to another was set to the participants of the currency market based only on the demand and the supply. This was justified with the classic idea of how the impossible-to-control market demand and supply will always find the most profitable and balanced prices.

What is Foreign Exchange Market?

What is Foreign Exchange Market?

The foreign exchange market Forex is the combination of the two words – Foreign Exchange. But this is not the exchange of one currency to another as it happens in, for example, money exchanges – this is a fast-growing international currency market that was created in...