الجمعة، 22 نوفمبر 2013

What is Forex

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means Foreign Exchange Market and it is a global market where world currencies can be traded against its other. Forex Market is huge with daily volumes of about 4 trillion dollars. The Forex Currencies fluctuate according to actual monetary flows but additionally according to anticipations about global economic conditions. 
Forex Market Participants
Forex market incorporates many different types of participants, the most important are:
1. Central and Commercial Banks
2. International Trade Companies
3. Forex Brokerage Companies (Forex Brokers like ECN and STP brokers)
4. Large, Medium and Small Institutional Investors (i.e. Investment Companies, Hedge Funds etc)
5. Common Retail Traders
6. World T

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