Forex trading can be exciting for beginners. Below are basic forex definitions and terminologies for people who are new to FX trading.
What is Forex?
Forex is the foreign exchange market, the biggest financial market in the world. The different currencies across the world are sold and bought and traded in the expectations of fluctuations in exchange rates will give a profit to sellers and buyers.
Organizations or individuals licensed by the US CFTC (Commodities Future Trading Commission) to deal in futures products and to take money from customers to trade are called FCM (Futures Commission Merchants). FCMs are same as securities brokers.
Click here to read more about Important Forex Definitions .
What is Forex?
Forex is the foreign exchange market, the biggest financial market in the world. The different currencies across the world are sold and bought and traded in the expectations of fluctuations in exchange rates will give a profit to sellers and buyers.
Organizations or individuals licensed by the US CFTC (Commodities Future Trading Commission) to deal in futures products and to take money from customers to trade are called FCM (Futures Commission Merchants). FCMs are same as securities brokers.
Click here to read more about Important Forex Definitions .
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