Hi, can you please explain about forex trading…?
Maybe if you ask a specific question, you will get an answer…
Hey there! What part of forex trading do you wish to understand? If you wanna learn the basics, I suggest you visit our School of Pipsology. See you there!
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction.
While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make forex so attractive to traders: bringing about a greater chance of high profits, while also increasing the risk.
Forex Trading depends on skills and knowledge, and you could increase the same, if you have practiced it well.
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