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Forex Trade Point - Information about Forex Trading

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Forextradepoint.blogspot.com news digest

  • 11 years

    Most Traded Forex Currencies

    The most traded currencies by percentage of daily share as of April 2010 are:
    1. United States dollar = 84.9%
    2. Euro = 39.1%

  • 11 years

    Who Trades Forex?

    • Large banks, central banks, and other financial institutions.
    • Governments
    • Currency speculators / Retail traders / brokers

  • 11 years

    What are the Benefits of Trading the Forex market?

    Some of the many benefits of trading the Forex market include the following:
    • Trading can be done from anywhere in the world with only an internet connection and a computer needed.
    • Huge trading volume, this leads to dense liquidity making it easier to get in and out of positions at the price you want....

  • 11 years

    What is the Forex Market used for?

    Forex trading involves transactions in which one party purchases a quantity of one currency by paying in a quantity of another currency. The Forex market is a global decentralized financial market for the exchange of currencies. Around the world various...

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Updated: June 29, 2023
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