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The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.
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Retail traders typically don't want to have to deliver the full amount of currency they are trading. Instead, they want to profit on price differences in currencies over time. Because of this, brokers rollover positions each day.
Forwards and futures are another way to participate in the forex market. Forwards are customizable with the currencies exchanged after expiry.
The forex market is a network of institutions, allowing for trading 24 hours a day, five days per week, with the exception of when all markets are closed because of a holiday
Retail traders can open a forex account and then buy and sell currencies. A profit or loss results from the difference in price the currency pair was bought and sold at.
Futures are not customizable and are more readily used by speculators, but the positions are often closed before expiry (to avoid settlement).
The forex market is the largest financial market in the world.
We are a US based forex trading company that offers a wide range of latest tools and products along with fantastic customer services to all our clients.
To assure our traders are trading with sharp precision and to ensure they keep improving and succeeding in forex trading.
We aim on becoming the most trusted and the best platform for forex trading globally by providing a successful trading experience to all our clients