What is Forex (Foreign Exchange) Market?
Forex Market Market where currency is traded for another is called Forex exchange market. Indian Foreign Exchange Market generates volume in a year that international foreign exchange market generated in a day. This is a Proved platform for real business in the whole world. Forex market will continue until the currencies exist. Forex Market can be categorized in two parts, one is Domestic Forex and another one is International Forex. Domestic ForexWhen a trader trades on domestic versus international currency and prefers domestic currency as a first currency or base currency so it called domestic forex. International ForexThe market in which traders from around the world are able to buy, sell, exchange and speculate on different currencies is called International Forex. Forex is decentralized, over the counter market. It assists international trade and business investment. Some important features of Forex Market, such as
No Monopoly and Non-Manipulative Market Non Monitoring Huge Trading Volume High Liquidity Geographical Dispersion
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All week the 24-hour Market Margin and leverage facility
Forex is the world's largest market? How? Forex Transaction at the close of a day is 4trillion $ (USD), now you can imagine from the fact that the market is a big market. How Forex is Perfect market? The Forex market is the perfect market for technical analysis and most popular market for speculation because of its enormous size, liquidity and tendency for currency that moves to strong trends. How Forex is secure market? Due to Non-Manipulative and Non-Interference, we can say that this is a secure and safest market