The foreign exchange market (forex, fx, or currency market) is a global decentralized or over-the-counter (otc) market for the trading of currencies. this market determines the foreign exchange rate .. Prior to the development of forex trading platforms in the late 90s, forex trading was restricted to large financial institutions. it was the development of the internet, trading software, and forex brokers allowing trading on margin, that started the growth of retail trading.. Define trading. trading synonyms, trading pronunciation, trading translation, english dictionary definition of trading. n. 1. the business of buying and selling commodities, products, or services; commerce. see synonyms at business. 2. a branch or kind of business: the....
Forex trading is a business - one of the biggest mistakes that many forex traders make is that they don't treat their forex trading like it's a business. instead, they treat it like a trip to the casino, and many of them end up behaving like drunk gambling addicts instead of calm and calculating traders.. In the spot forex market, trades must be settled in two business days. for example, if a trader sells 100,000 euros on tuesday, then the trader must deliver 100,000 euros on thursday, unless the position is rolled over.. As forex gets more popular, you often see so many advertisements from forex trading companies to try their platform. so now that you have decided to venture into forex trade, one of the most crucial things you have to consider is the company..
