One of the other most common statements made about the forex market is that it is highly
volatile. But what does this mean for you?
The high levels of volatility mean that the buy and sell prices of each currency pair can go up
and down very quickly creating a constant stream of trading opportunities. The high volatility
of the currency market offers forex traders the potential to earn 5 times more money from
currency trading than from trading the most liquid shares.
what is the forex trading?
What is foreign exchange trading?
The foreign exchange market is where foreign currencies, such as the Euro and the US Dollar,
are bought and sold by individuals, companies, financial institutions and international banks -
everyone if fact, who is looking to benefit from the huge potential for profit from speculation.
Foreign exchange trading has many names; some of the most popular are forex, fx and
currency trading.
When you buy and sell foreign currencies, you are buying one currency against another. This
means that when you see EUR/USD on a trading platform, you can either buy or sell this pair.
If you choose to buy, you will be buying Euros with US Dollars. If, on the other hand, you
decide to sell, you will be selling Euros with US Dollars.
The currencies explained:
EUR = Euro
USD = United States Dollar
GBP = British Pound
JPY = Japanese Yen
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