2007-08-09 11:37:58 · 13 answers · asked by freekeswar 3 in Business & Finance ➔ Other - Business & Finance
What do one buy, the stocks of other country?
2007-08-09 11:48:45 · update #1
What do one buy, the stocks of other country's companies?
2007-08-09 11:49:03 · update #2
The Forex market is the buying and selling of foreign currencies. It is the largest financial market in the world with daily transactions exceeding $2 trillion dollars.
The are actually two different market places dealing with Forex and these are sometimes confused by people. The first is the Forex futures market where a trader is actually purchasing a position in a currency based on his determination that the particular currency will go up or down in price over a specific period of time.
The other is the Spot Forex market. Transactions in this market are made based on a "currency pair" for example the EUR/USD. This particular pair will go up in price if the EUR goes up in value in relation to the USD and it will go down in price if the USD goes up in value in relation to the EUR.
The Spot Forex is becoming more and more popular with regular retail traders since the internet has now made it possible for anyone to easily participate in the market. The issue is in the fact that the Forex market can provide very attractive returns on investment....but it can also very quickly deplete an unknowledgable traders account.
There are a number of Forex brokers that will allow you to open a free demo account and actually "trade" in the market without putting any of your hard earned money at risk. This is highly recommended to determine if you have the knowledge, the skills and the emotional fortitude to participate in this marketplace.
Good luck.
paul
2007-08-09 14:30:54 · answer #1 · answered by Anonymous · 2⤊ 0⤋
I am glad that you asked about what is forex. There are many things to say about forex but I think you may find all the info you need when you read this article: http://www.forexadvice.eu/what-is-forex/
I think this will be enough for you to understand what is forex. If you are interested in the history of forex you can read this one:
http://www.forexadvice.eu/forex-trading-history/
Hope this answers your question. Have a nice day!
2007-08-11 05:08:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋
What is forex Trading, it is exchange of currencies i.e., we sell currency to the bidders who were bidding (willing to buy) for it and in exchange we take another currency which they were willing to give. In the same manner we will buy currency and in exchange we will give another currency at their ask rate(willing to sell). Simply the mutual EXchange of FOReign currencies is FOREX.
The daily turnover of forex market crossed 4.2 trillion dollars, which is the highest turnover than any other STOCK/SECURITIES exchange boards and liquid markets like New York Stock Exchange (NYSE), London Stock Exchange(LSE),ETC.
The volatility of amount is very high in forex market. There are few reasons why it is that much big and volatile.
The first and the far most reason is currency, yes every nation has its own currency which shows the country economical power, strength and value comparing to other nations. So, it is very important for a nation to look over its currency behavior. This makes the banks, big firms, investors, traders and everyone to put some money and trade with the currencies.
for full article see the source
2015-10-28 21:56:35 · answer #3 · answered by forex 1 · 0⤊ 0⤋
Forex means the exchange of different currencies. Forex can help you to improve your living. If you want to be successful Forex trader then you need to learn the basics of forex before enter in this erena.
2016-01-28 01:18:52 · answer #4 · answered by Arif Hussain 3 · 0⤊ 0⤋
data sharing Access The World Top 10 Expert Advisor FOREX Trading Guide
http://www.simplyrichhome.com/forexguide.htm
Access The World Most Expert Top 10 Expert Advisor FOREX Trading Guide
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2015-05-10 02:53:56 · answer #5 · answered by Richard 1 · 0⤊ 0⤋
Forex means Foreign exchange reserve.
2007-08-09 11:51:07 · answer #6 · answered by xiaobaijiaxiaobai 1 · 0⤊ 1⤋
Check www.forexauditor.com
for all forex broker reviews, forex education, forx news and offers and promotions offered by world's top forex brokers
2016-02-29 21:38:31 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Forex is worldwide Currency trading business.The Forex market is the buying and selling of foreign currencies.
2015-06-14 03:17:08 · answer #8 · answered by ? 1 · 0⤊ 0⤋
Forex Exchanging is exchanging monetary forms from diverse nations against one another. Forex is acronym of Remote Trade.
https://tr.im/zmOZ4
2015-11-23 03:55:25 · answer #9 · answered by mosaddek 2 · 0⤊ 0⤋
ForEx is short for Foreign Exchange. It does not refer to an investment as such. It refers to ANY investment traded primarily outside of your country. Most large brokerages and some large banks can buy and sell in this market.
2007-08-09 12:11:23 · answer #10 · answered by STEVEN F 7 · 0⤊ 0⤋