Forex Trading- A Beginners Guide:

Forex Trading- A Beginners Guide:

Forex Trading
The term Forex refers to ‘foreign exchange’ which is a decentralized global market where all the world’s currencies are traded. Forex trading is hence in simple words, the act of trading the different world currencies, against each other. Whether we realize it or not, we currently live in an era where the currencies of the world are perhaps as important as our own. If we are on a trip to France we cannot pay in rupees to purchase croissants, we need euros. To go on a trip to Disney land in the US, we need to pay in dollars. In situations as such, we most definitely need to exchange our home currency for the foreign local currency. To do this, we usually visit one of those stores advertising signs stating…
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