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Forex currency exchange works by one person paying another currency for that currency. Generally, there are always rates that people trade with, and they are always changing.

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12y ago

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What exactly does a forex exchange mean?

I think 'forex exchange' comes from the term 'foreign currency exchange'. You can exchange your money from the currency of the country you are based in to a currency from another country.


The word Forex is short for?

Forex is a contraction of 'foreign exchange,' which refers to the global currency exchange market.


What is forex exchange market?

Forex exchange market is a currency market and It is market for the trading of currencies.


What is Forex Services?

forex is Foreign Exchange (buying and selling of foreign currency)


What is other name for foreign exchange?

Forex, FX, currency exchange


What is a foreign exchange?

Foreign exchange or Forex refer to exchanging one country's currency by another country's currency.


What is mean forex?

FOREX is short for Foreign Exchange. It is the conversion of one country's currency for another.


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An option on a currency exchange, or FX trade.


What are Forex or CFD trading?

Forex stands for "Foreign Exchange." It is the process of investing the currency of one country in the currency of another. The object is to take a failing currency and purchase a currency on the rise.


What is Forex trading and exchange risks?

Forex is an international bank company providing customers with the opportunity to exchange currency. Their trading and exchange risks are flaws in the transition system.


What does forex arbitrage mean?

Forex arbitrage is forex trading strategy where an individual locates a currency exchange rate that is incorrectly priced, and then utilizing this with another currency pricing to create a profitable trade.


What is the Forex rate for Malaysia?

The foreign exchange rates for Malaysian currency depends on the currency that one is exchanging. For example, the U.S. dollar has a forex rate of 3.1.