What is forex market trading?

in bitcoin •  6 years ago 

forex-market-and-stock-market-comparison.pngForeign exchange (forex) market trading is the buying and selling of currencies between traders. In its simplest form, you’re betting on the changing price difference between two different currencies.

You open an account and deposit funds into it. These funds are then used to place buy and sell orders against another currency. You make profits from selling, or closing orders, at a higher price than you bought.

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