Maybe you are familiar with the terms forex, FX or currency market. They are the definition for a type of financial market accessible from all over the world, where all kind of traders buy or sell international currencies. The logic of currency transactions at international level is simple: if you have a company in Europe and you work with euros, you can still make trades with companies in USA and pay them in US dollars. As international currencies can be converted, there is also an opportunity to gain profits from the transactions of these assets. There are some main types of financial trading platforms where you can make your trades and win nice profits almost permanently, during working days.
On the forex exchange market you will notice some specific characteristics, as following
a)The most important trading market in the world, due to the impressive volume of liquidity that is being transferred each day;
b)Global dispersion and you can access this market from virtually anywhere in the world;
c)It is possible for you to trade forex 24 hours, except weekends;
d)A lot of elements are involved in the evolution of certain currencies, therefore there are many possibilities to make profits by taking advantage of the way these factors shift on the market;
e)The relative profit has a low margin in comparison with other markets;
f)Profit and loss margins are influenced by leverages, taking also into consideration the actual account size.
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