Exchange Trading What Is Foreign
What most people don't realize is that there is a foreign exchange market or 'forex' for short where you can potentially profit from the movement of these currencies. the best known example is george soros who made a billion dollars in a day by trading currencies. be aware, however, that currency trading involves significant risk and. Foreign exchangetrading was once something that people only did when they needed foreign currency to use when traveling in other countries. this involved exchanging some of their home country's currency for another at a bank or foreign exchange broker, and they would receive their foreign currency at the current exchange rate offered by the. The foreign exchange market is a global decentralized market for the trading of currencies. this includes all aspects of buying, selling and exchanging currencies at current or determined prices. in terms of volume of trading, it is by far the largest market in the world. Foreign exchange is the excha...