What is Spread in Forex?

Spread is the different between the buying price and the selling price and is the commission which you pay, as currency trader.

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Elementary of Forex Market

Currency Pairs, Buying and Selling Rates

In the forex market, there is all about the foreign currency trading – The base currency and the counter currency.

The base currency – It is in essenceour product, it is denoted on the left side of the pair. We always buy and sell the base currency.

The counter currency...

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What Effect the Forex Market?

The forex market is affected by the macroeconomic data, not by microeconomic data. What is macroeconomic data?

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The Advantages of Forex Market

A global 24-Hour Market

 

The forex market is unique in that traders can access a 24-hour market very conveniently, without having to wait for the markets to open. At any time, there is always a major financial center open where banks, hedge funds, corporations, and individual speculators are trading currencies.

 

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