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General Finance Discuss general personal finance issues and home accounting not covered on the other finance boards. |
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Forex or Foreign Exchange market is bigger than any other market in the world, with the average daily investment being in trillions of dollars. Currencies are exchanged every day either for travel or for business. This is the reason that many traders and investors are attracted towards this market. Although currency market offers a universe of profit making opportunities, there are some risks involved as well. Here are some of the tips that will help beginners to trade better in the currency market.
Before you select one broker you must go through their official website and check the following things. • They comply with all the regulations or not • They offer latest versions of a good trading platform or not • They reveal their charges over a spread • They offer currency pairs and leverage ratios which match your needs Analysing the currency market will help you to gain insight about the present trends and future movements in the prices. There are two methods to analyse market- fundamental analysis and technical analysis. Last edited by adamsmiths; 12-30-2016 at 04:07 AM. |
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