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What are the differences between foreign exchange market and equity market?
Foreign exchange (forex) is the global market of currency (money) , equity market (stock market) is the global market of shares (small pieces of large companies)
What is definition of foreign exchange market?
Foreign exchange is exchanging foreign currencies. The foreign exchange market assists international trade and investment by enabling the conversion of currency. In a typical forex transaction , one side purchases one currency for another. Currency trading is carried out on forex platforms, like eToro or Zulutrade. Fiding these platforms is usually done by searching the web for "forex", "foreign exchange", "trading forex, "trading online", and so on. Once a suitable platform is found, one can open an account and start trading. To learn more, it is advisable to look into the top forex websites, which have plenty of guides, turorials and useful information. ============================== Foreign Exchange refers to trading one type of money for the other in the FOREX market or foreign exchange market. Foreign exchange market deals with currencies; here you spend your own money to buy a foreign currency you want. Foreign exchange market offers services to many individuals, businesses and foreign investors. For individuals - if you are going to visit a country, then you need to exchange your country's currency into local country's currency for further expenditures. For businesses - if you're conducting business in overseas, then you must have a foreign bank account for exchange services. Because the bank will handle all the currency exchange services during money transaction. For investors - if you are investing money in different currencies, then you need foreign exchange service for investments.
Which authority sanctions foreign exchange for the import of goods?
any nationalized bank with the facility of forex can sanction the ForEx for imports.
What is the current foreign exchange rate for currencies?
You can update the foreign exchange rate of currencies in the Internet or on forex brokers, such as alpari.com/#informer=quotes or any other ones.
What is the difference between foreign exchange and currency futures?
Foreign Exchange (Forex) is everything that has to do with converting one currency to the other. You often see foreign exchange market, foreign exchange transaction, foreign exchange rate. Foreign exchange rate is simply a rate at which you can convert one currency to the other, a price of one currency expressed in the other currency. For example if you see EUR/USD 1.30, this means you can buy one Euro for 1.30 US Dollars. 1.30 is the eur/usd forex rate. Futures are financial contracts that set the price for delivery in the future. There are futures on almost all asset classes, including currency. An example of currency future would be a contract to sell 1 Million EUR against USD for a price (rate) of 1.30 USD per EUR in 3 months.
The word Forex is short for?
Forex is a contraction of 'foreign exchange,' which refers to the global currency exchange market.
What is Forex Services?
forex is Foreign Exchange (buying and selling of foreign currency)
How is the forex market different from the New York Stock Exchange?
The main differences between the forex exchange market and new york stock exchange is that forex deals only with foreign exchange and the stock exchange deals primarily with domestic stocks.
What kind of training is covered in Forex training?
Forex training is learning the successful strategies and tips to perform Forex which is Foreign Exchange Trading. In Forex training you will learn about the foreign exchange market and how to begin.
What does the phrase forex trader mean?
The phrase "Forex Trader" means someone that trades on the Foreign Exchange market. (Forex is a commonly used abbreviation of Foreign Exchange market.)
What is capital and foreign exchange?
In general capital is financial resources.. And Foreign exchange is called Forex.
What is other name for foreign exchange?
Forex, FX, currency exchange
What is the full form of FOREX?
Foreign exchange market .
What is the meaning of forex platform?
Forex Platform is a type of foreign exchange. The Forex is one of the largest liquid market in the entire world. It helps countries trade between each other.
What is foreign market manipulation?
manipulate in the securities of the FOREX(foreign exchange market)..
What is mean forex?
FOREX is short for Foreign Exchange. It is the conversion of one country's currency for another.
Does Forex Training provide for foreign exchange and commodity traders?
Yes, it does. It is implied in the title as Forex is short for Foreign Exchange. It is basically a decentralized market for trading currencies and commodities.
