You might have come across the word
‘forex trading’ while reading about investing
point. Several investors are still not aware that forex
is just the shorter term for "foreign exchange".
So, trading the forex market means nothing but trading
in foreign currencies.
Till recently, due to high barriers
in currency trading at the entry level, only large banking
and financial institutions had access to these tools
and systems required to play in the forex trading game.
However, as technology has developed, an individual
investor has been given the access to trade directly
on any of the many online platforms!
Welcome to forex currency trading!
The online forex currency trading has never been so
Ever since strict financial curbs have
been removed to facilitate individual investor trading
in bulk amounts, the world has started to witness the
advent of internet FX brokers. A forex currency broker
has since been regarded as being similar to an online
stock trading account such as e-trade. It also meant
farewell to the band of middlemen. Trading circulates
between major banking centers around the world for all
24 hrs and 7 days a week!
For an individual working as an independent
forex currency trading it has been so easy anytime before.
Anybody can open an account and buy and sell in any
quantity. Because the brokers have thousands of investors
placing orders through them, they are able to meet the
large minimum transaction size by purchasing in large
blocks and distributing currency amongst the purchasing