Forex
Mainstream foreign exchange currencies, including USD, EUR, GBP, JPY, CAD, etc. Invest in trading habits or experience.
Advantages of foreign exchange trading in TradingGRAM
Forex market data
What is foreign exchange trading?
Foreign exchange transactions, also known as "FOREX" or "FX", is the conversion of one foreign currency into another A foreign currency is a foreign exchange transaction method that simultaneously buys one currency in one currency combination and sells another currency. The exchange rates of various currencies on the international market fluctuate frequently and are traded in the form of currency pairs, such as the euro against the US dollar (EUR / USD) or the US dollar against the yen (USD / JPY). Unlike stocks or futures, there is no trading center for foreign exchange transactions. The foreign exchange market has 24 hours of continuous trading, fair and transparent, high liquidity, leverage mechanism, and low transaction costs. It has become an investment field that people are competing for.
What is the foreign exchange market?
Foreign exchange market is the world ’s most traded financial market, according to BIS statistics, 2013 The global foreign exchange daily trading volume has reached 5.3 trillion, and shows a continuous growth trend. From 5 pm EST on Sunday to 5 pm EST on Friday, the foreign exchange market operates 24 hours. The transaction starts every day in Sydney. As the earth turns, the business days of every financial center in the world will start in turn, from Tokyo to London, and then to New York. Unlike other financial markets, during normal opening hours of the foreign exchange market, whether day or night, foreign exchange traders can respond to market fluctuations at any time.
