What is Forex?
Suppose you live in the U.S. and plan to travel to Europe for a foreign trip. Therefore, you need to sell your dollar and buy euro currency for this trip. So you go to a shop (probably a currency exchange) so that you can buy the euro currency, and now a question arises. How many euros do you get for every one dollar you give?
What other transactions can be carried out in this market?
Generally the Forex market involves trading and exchanging paired currencies. For example; Euro/USD – Euro/JPD and all other known paired currencies. But there are other assets such as gold which are not in the Forex category but are classified as forex assets.
How to do business in the Forex market?
Not very long ago, whenever the subject of trading a market was mentioned, our imagination would immediately illustrate a crowded market, physical presence, merchants shouting and trading gold while haggling a transaction would take place.
Why Forex market?
It may come to many people minds that when one can trade in gold, USD, property and do busi-ness in the stock market, why should we choose to do business in Forex?
Who is Broker?
To become active in the financial marketing world, you need a broker. You should know who is a broker and also you should know how to choose a professional broker.
How can we choose a suitable broker?
In fact, what qualities should a potent broker have? Commission, spread, certificates, support, platform and etc.,
