what is forex ?

in #forex7 years ago (edited)

Forex or Spot Forex is the foreign exchange buying and selling. In forex market you can sell a country's currency and buy a country's currency. For example, the currency of the United States or USA is dollar, Britain or the UK currency is pound. In the forex market you can sell dollars by selling pounds or pounds and buy dollars. You can buy and sell in Forex market without any dollar or pound, but there are different countries. how is it possible to earn from forex market? Various coins of different countries can be changed. You may have seen in the magazine that sometimes it is getting stronger against the dollar, and sometimes the money is stronger against the dollar. This is the highest rate of currency in the world. So, if you have bought dollars, if the price of the euro against the dollar goes up, then you can sell the dollar and buy euro. Again, if the Euro is strong against the dollar, you can get more dollars by selling euro. Maybe you had $ 100 that you bought 80 euro by selling. Later, after rising Euro, it sold it to $ 120. This way you can earn. We can profit if the share price increases only in the stock market. But in forex market, no currency is strong or weaker, we have the opportunity to profit in both cases, which is the biggest advantage of forex marketHow-Do-You-Trade-Forex-360x240.jpg

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i am sanam.you think you know how much i am interested about forex

Yes I know bro

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