- Forex VS Futures
With a daily volume of $1.5 trillion, the Foreign Exchange (Forex) market is the largest in the world. 30 times larger than the combined volume of all U.S. equity markets Historically. There are many advantages to Trade Forex Vs Futures.
- Forex Basics - Currency Pair Descriptions
The base currency is the "basis" for the buy or the sell. It is useful to consider the currency pair as an instrument, which can be bought or sold. The following are examples of situations that might lead you to choose a particular currency pair to trade:
- Foreign Exchange Basics
Foreign exchange is the trading of one currency against another. Professionals may also use the acronyms Forex or FX. In the forex market, currency trading is always done in currency pairs, such as EUR/USD or USD/JPY. Accordingly, all trades result in the simultaneous buying of one currency and the selling of another.
- The Foreign Exchange Market
The foreign exchange market is an inter-bank or inter-dealer market that was established in 1971 when floating exchange rates began to materialize. In addition, it is an Over-The-Counter market, meaning that transactions are conducted between any two counter parties that agree to trade via the telephone or electronic network.
- Currency Exchange Rates and Spreads
Currency exchange rates are determined by the foreign exchange market. A currency exchange rate is always quoted for a currency pair using ISO code abbreviations.
- Forex Basics: Introduction To Forex Market
The Foreign Exchange Market, also referred to the "FOREX" or "FX" market, is the spot (cash) market for currency. (But, don't mistake FX as trading the futures market, where you buy a contract to purchase a particular currency at a future price in time.)
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