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Why do people do foreign exchange?

Updated: 9/19/2023
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13y ago

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They are many reasons why people trade the Foreign exchange market or Forex but some of the main reasons are:

-The Forex is open 24 hours a day and 5.5 days a week.

-You can start trading with as low as $100.

-You can get a free demo trading account with many brokers.

-you can use leverage of up to 200:1 (50:1 in the US)

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13y ago
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