Why is forex trading so popular?
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Forex (short for foreign exchange) is trading currencies and using the leverage of up and down trends to make high profits. The currency market exists to help international trade, allowing businesses to convert from one currency to another. The currency market is interesting for traders due to the enormous liquidity, the large variety of factors that affect exchange rates and the use of leverage.
Forex trading uses very small margins to make very high profits using the leverage of the large amounts that are being trade back and forth between currencies. Forex trading seems to attract gamblers taking high risks. However done correctly trading foreign currencies can be very lucrative. The average daily turnover in global foreign exchange markets is estimated at $3.98 trillion
We have selected a few interesting video tutorials on forex. The first video is a daily Forex update, showing the latest trends by easyforex.com
Keep up to date, the forex daily.
Keep up to date with your daily Forex news! Foreign exchange currency trading is a huge global industry with a daily turnover of three trillion dollars! That痴 40 times the size of the NASDAQ.
Video tutorial: Forex trading
The foreign exchange market (Forex) is one of the most exciting new ways to make lots of money on the internet in little time.
These are some interesting links on Forex tradingForex beginners tips