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What is Forex Trading | Online Forex Trading


Learn forex trading and become a professional trader. Trade forex in the UK and take profit from forex trading. visit ourwebsite: – PowerPoint PPT presentation

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Title: What is Forex Trading | Online Forex Trading

What is forex trading and how does it work
  • Platinum Trading Academy

What is forex trading?
  • Forex stands for foreign exchange or foreign
  • Therefore, Uk forex trading is the business of
    buying or selling of currencies. So far, this has
    stayed the worlds biggest financial market with
    a turnover of five trillion USD and the market
    involves traders and brokers and many currencies. 

How does FOREX TRADING work?
  • Best Forex Trading takes place in various types
    of currencies.
  • As a trader, you would get the option to do
    trading in more than 80 currencies. 
  • The most traded currency pairs are famous as
  • Forex is a decentralized market in the world,
    where the trading of all the currencies takes
  • As a trader, you need to speculate on the rising
    and falling values of the currencies and trade
    accordingly. If the price of a particular
    currency appreciates, you make a profit from the
    rate of exchange from Forex Trading UK.

How do you begin trading?
  • First of all, you need to open an online forex
    trading account and deposit money in that.
  • For regular trading, you could login and begin
    Best forex trading by means of spread betting,
    CFDs, or spot FX. Then you could move to pick up
    your pairs and start by opening a position.
  • You could get access to live price feeds,
    streaming charts, and news in an instant and do
    trading throughout the day.

How does foreign currency rate get fixed?
  • The currency exchange rate is the exchange price
    at which one currency gets bartered for another
  • As it is well-known, the trading takes place
    between pairs, the majors are USD/EUR (US dollar
    and Euro), USD/GBP, and USD/INR. 
  • When the exchange rate of a particular currency
    rises, you make profit by trading and learn more
    at Platinum Trading Academy.

Thank You.
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