Thursday, 15 November 2012

WHAT IS FOREX, FOREIGN EXCHANGE MARKET

Foreign Exchange, simply called Forex
also called as currency market.  Simultaneous purchase and sale of one country's currency to
another country's currency.  in simple terms
buying of one currency and selling another currency at the same time.

The world currencies do not have a fixed exchange rates and they are always fluctuating.

Forex trading allows an investor to participate in profitable fluctuations of world currencies.