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Monday, November 15, 2010

What is Forex Trading?

Certainly everyone has heard of Forex trading and Forex market, but hardly everyone knows what is it.
Forex is an international currency market, one of the biggest markets in the world. Forex trading means buying and selling foreign currencies (based on the value of that currency at the particular time), more exactly it is currency trading. The thing is that since the rates of major currencies are constantly fluctuating a Forex trader can profit from that for example, by buying the currency at a lower price and later on selling it at a higher price.

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