Is What Exchange Market Forex
The forex market has an estimated turnover of $6. 6 trillion a day. it is the largest and most liquid financial market in the world. demand and supply determine the differences in exchange rates, which in turn, determine traders’ profits. Many u. s. businesses access the foreign exchange (forex) market daily. paying suppliers in foreign currencies, converting customer payments from foreign currency to u. s. dollars, hedging the foreign-exchange risk arising from future payments in multiple currencies, or simply obtaining foreign currency for a sales trip abroad all of these are done through the foreign exchange market. Forex. com is a registered fcm and rfed with the cftc and member of the national futures association (nfa 0339826). forextrading involves significant risk of loss and is not suitable for all investors. full disclosure. spot gold and silver contracts are not subject to regulation under the u. s. commodity exchange act. The foreign exchange market (forex, fx, or curre...