Forex Market

The foreign exchange market

The foreign exchange market, the foreign exchange market or otherwise known as the forex market is the largest practical market in terms of liquidity, with the average daily income in the forex market from 5 to 6 trillion US dollars and more than this, in addition to the forex market that provides its own clients Lots of amenities in dealing with this market, you can enter the world of forex from anywhere in the world with ease, forex is not linked to a specific site, there are many different sites around the world that enable users to enter the world of forex easily without restrictions.

Who trades in the forex market?

There is a question on the minds of many people, who trades in the forex market? The answer to this question is very simple, it is everyone around the world, yes, however you saw everyone around the world trading in forex, and the most important traders in the global forex market are: governments, central banks, commercial banks, private banks, investors, brokers and traders, whether beginners or professionals, the forex market is as we mentioned Everyone can trade with ease, and there are many other large bodies that we did not mention that trade in the global forex market, among all traders, the central banks are on the throne of forex, because they work on the method of quantitative influence so they can control the prices of currencies and other things Things in the forex market with ease, beginners and professional traders also can influence the forex market, but the impact is very limited and is not 1% of the influence of central banks.

What are the factors affecting forex?

The forex market is one of the global markets in currency trading, as we mentioned, but it is a market like the rest of the labor markets, so there are some factors that affect this market, for example: interest rates, inflation rates, political and economic news, natural disasters as well, domestic product, even supply and demand, all of these Things are working to influence the forex market with ease.

How to trade forex?

The forex market is one of the markets that depends on logic completely, as a person buys and sells currency pairs if he expects the market movement to decrease or rise, for example if the price of the euro against the US dollar is 1.1450 and through your analysis you see from your own point of view You say that it will rise, so you will open a deal to buy and on the next day the price of the euro against the US dollar is 1.1470, meaning that the price has risen by 20 pips. In this case, your profit can be $0.50 and your profit can be $50,000, which This determines the size of the deal that you may have entered from the beginning, so forex is not an easy thing and also not difficult because it needs study and analysis so that you can make a lot of profits through the global forex market, and the forex market enables people to make contracts Spreads that enable people to buy and sell without owning currency pairs or other things that you can buy and sell in the first place.

By Michael Emad

My name is Michael Emad from Egypt, I am 20 years old. I will try as much as possible to review the latest news about Forex and Forex market .

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