Forex is basically an OTC market where dealers and brokers negotiate directly and at the same time it should be noted that there is no clearing house or central exchange resent to monitor the activity. The biggest share in trading activity is held by London which as per the last report released contributes to about … Continue Reading
There are numerous ways in which forex is unique and one of its kind. First being its high liquidity. The volume of trade via forex is mammoth and growing day by day. The second reason for its uniqueness is the dispersion on the geographical basis. It is spread all across the globe. Another reason for … Continue Reading
Forex or foreign exchange market basically involves trading in either forward market or spot market. Forex in forward market involves trades where deals are fixed for a future period of time and spot market actually involves spot deals and defined at the backed by an exchange which defines the rules of trade. Currencies which are … Continue Reading
There is nothing denying the fact that forex market is a place from where a poor man can become a billionaire in no time at all. All you need is the support of your luck and cleverness. However, you should never deal with the currencies with an intension of gambling. In fact, you should invest … Continue Reading