![]() ![]() You return to the currency counter and ask to change your leftover USD back into GBP, but whilst you have been away, the currency exchange rate has moved, meaning you can get back more GBP than you had originally used to purchase your USD, therefore, you have made a profit from your exchange. Then, when you return home from your holiday, you might have USD left. ![]() You might go online or to a currency counter to purchase USD and you would be doing so at the current exchange rate. For example, if you are from the United Kingdom and you plan to go on holiday to the United States, you will of course need dollars (USD) to spend. You probably have participated in the Forex market without even realising it. The Forex market is an excited and fast-paced market, hence, it appeals to a lot of 'retail traders'. The Forex market is the most liquid market in the world, with over 5 trillion dollars traded on the market every single day! The Forex market is often referred to as 'FX'. On the foreign exchange, you are trading world currencies against each other. If you are trading Forex, you are trading on the foreign exchange. You need tested strategies, powerful tools, and experienced traders to arm you with knowledge. You need tested strategies, powerful tools, andĮxperienced traders to arm you with knowledge. ![]()
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