Forex trading is simply the buying and selling of currencies. when someone says eurusd is trading at 1.3500, it means 1 euro cost 1.3500 usd. thus if you want to long the eurusd. you will be buying 1 euro and selling 1.3500 usd. but before you get all excited to start trading the forex markets, there are 5 things you must know before opening. For many people in singapore forex trading has become a business or just an additional source of income. today forex trading is attractive, accessible and provides an opportunity to earn extra money or even a full time income.. How to start forex trading in singapore linguistically speaking, the word “ forex ” is a blend word, the result of combining the two words “foreign” and “exchange.” forex is an investment opportunity whereby you can make money online by trading one or more foreign currencies for another at an agreed exchange price in the online over.
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