Forex Trading With The Best Platform
How To Start Forex Trading with the best platform? Forex Trading is also known as Foreign Exchange trading or currency trading. This market is not much famous as equity, commodities. However, currency exchange transaction takes place in this market; it holds a high potential that most of us not aware of this market. What is Forex trading? Forex trading means the exchange of currencies of one country to another. That means you can swap the rupees for the dollar. This type of transaction takes place in the Currency market. In simplest words, it is similar to the exchange of currency while traveling abroad. The currency rate of all countries depends upon demand and supply, and the currency rate fluctuates. How does the Forex/currency market work? In forex trading , trade always between pairs example, EUR/USD, USD/JPY, USD/CAD. It represents Euro vs. U.S. dollar, USD vs. Japanese Yen, USD vs. Canadian Dollar. Taking the example of EUR/USD, To buy one USD, you need 0.83 Eur