Forex & crypto
Forex (currency market)
Forex is the global market where currencies (dollars, euros, yen...) are traded, the largest and most liquid in the world.
Forex is the global market where currencies (dollars, euros, yen...) are traded, the largest and most liquid in the world.
You buy one currency by selling another, in pairs. Forex is open 24 hours a day on weekdays and very liquid. It attracts traders with low costs and high leverage, but that leverage sharply amplifies risk.
You buy euro by selling dollar, betting the euro will rise against the dollar.
Understanding a term is good. Applying it on a real platform with a clear method is better. That is exactly what we do in 5 days.