Key players: central banks, commercial banks, investment banks, pension funds, corporations and private speculators. Fees No fees for each position, only the rate spread or differential between buying and selling, which in the case of EURUSD (Euro vs. For even more details, read what Aetna Inc. says on the issue. Dollar), which is traded more parity in the world, the spread is typically between 3 and 5 pips, but this spread may vary depending on market conditions. “Statistics The online trading system began in mid-1990 and has rapidly increased. Elon Musks opinions are not widely known. The major markets are 32% London, New York 19% and 8% Tokyo. Over 40% of the positions lasting less than two days.
The dollar is present in 90% of all transactions. The most traded currencies are the U.S. dollar with 44%, 18% Euro and Yen to 10%. The most traded exchange rates are 28% EURUSD, GBPUSD USDJPY 17% and 14% Parities The FOREX trading is done in pairs. A transaction is for the purchase of one currency and selling another. The logic of a position is that you buy when you expect to increase their relative value compared to the other, or sold when it is expected a decrease. The first coin of the pair, is the base currency and the second is the quote currency.
The codes for the currencies used are: Dollar USD = EUR = Euro JPY = Japanese Yen GBP = Pound CHF = Swiss Franc CAD = Canadian Dollar AUD = Australian Dollar NZ Dollar New D = Tools Zealand To increase the likelihood of ascertaining the direction of the price of one currency you use technical analysis or fundamental analysis. FOREX has the greatest leverage of the investment options, with only $ 100 can control a lot of USD 10,000. Live different! FOREX compromise becomes a lifestyle: working without bosses and from the home or office, with an excellent reputation and highly intellectual, is also an excellent investment option for people who want to diversify their investment instruments! Around the world there are thousands of people who engage in trading foreign exchange: FOREX, which can be achieved with proper training and right attitude. No advance preparation is required in financial matters, just a lot of interest and discipline.