Select system, strategy and be patient. Forex Market requires you to be very disciplined and patient.
Forex market is the world's largest stock market, where daily trades with several billion dollars. Sometimes only the big banks and money market funds may trade on the Forex stock exchange .Today, it is available to everyone.
What is Forex Market?
The foreign exchange market is a global decentralized marketplace that determines the relative values of different currencies. Unlike other markets, there is no centralized depository or exchange where transactions are conducted.
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SUPPORTED : SUPPORTED : All countries
*Excluding EU Clients,USA,Canada and R.of Iran
SUPPORTED : All countries
SUPPORTED : Australia,Austria,Canada,Cyprus,Czech Republic,Colombia,Denmark,Germany,Greece,Hong Kong,Italy,Ireland,Indonesia,Israel,France,Finland,Jordan,Kuwait,
Sweden,Saudi Arabia,Spain,Singapore,Slovak Republic,South Africa,Taiwan,Thailand,UAE,UK,Qatar
SUPPORTED : Spanish speaking countries including Argentina, Belize, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, French Guiana, Guadeloupe, Guatemala, Haiti, Honduras, Martinique, Mexico, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Saint Barthelemy, Haiti, French Guiana, Martinique, Guadeloupe and Saint Martin. Portuguese speaking countries including Portugal, Brazil, Angola, Mozambique, Macau and other Portuguese speaking countries. French speaking countries including France, Canada, Switzerland, Luxembourg, Monaco, Belgium, Niger and any other French speaking countries. Any English, Spanish, Portuguese or French speaking client
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In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying some quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system..
As such, it has been referred to as the market closest to the ideal of perfect competition, notwithstanding currency intervention by central banks. According to the Bank for International Settlements, as of April 2010, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion, a growth of approximately 20% over the $3.21 trillion daily volume as of April 2007. Some firms specializing on foreign exchange market had put the average daily turnover in excess of US$4 trillion.