How Forex Trading Business Schemes Are Always Profit
As an opening in learning forex, you must be groping What is Forex Trading. Because maybe the word forex is a foreign word that is not familiar in our society, but often discussed in several forums.
What is Forex?
Forex trading (also written FX) is short for foreign exchange which, if translated is foreign exchange.
The point is to trade currencies that are different from one another in several currency pairs in selected countries.
You need to know that forex is a global money market that is currently the biggest traded currency, meaning that forex is very helpful in international trade and investment by using foreign exchange transactions.
According to data from BIS (Bank of International Settlement), daily forex transactions in 2016 reached $ 5.1 trillion.
Very fantastic numbers, because of the different currency pairs traded in countries.
Types of Forex Traders In the market there are several types of forex traders who take part in coloring, namely:
- Traders who are ambitious to seek profit.
- Traders that limit trading values to minimize risk.
- Traders who use foreign money only to pay for services or buy something from abroad.
Forex trading market is a decentralized transaction, meaning that there is no physical location for traders (investors) to trade.
So that they traders / investors use the internet as a means of meeting and transactions, also in seeing forex quotes in realtime.
Hopefully the initial explanation about what is Forex trading can help you learn beginner forex.
Starting forex trading now also without CAPITAL, you will get money for forex trading capital from the FBS broker.
Learning forex is just a theory without practice that is EMPTY.
Source : Apa Itu Trading Forex