08-07-2022, 11:06 AM
WHAT IS THE FOREX MARKET?
First remember never enter in AVATRADE.
The foreign exchange market, also known as Forex (Foreign Exchange), is a global, decentralised market where currencies are traded. Each of these currencies has a conversion rate, called an exchange rate.
For example, if the EUR/USD has an exchange rate of 1.10, 1 euro is equivalent to 1.10 US dollars.
Forex is one of the most liquid markets, where the daily trading volume is 5 trillion dollars a day.
It is mainly used to facilitate trading and investment between countries.
The Forex market is open 24 hours a day except on weekends, opening in Sydney on Monday mornings and closing in New York on Friday afternoons.
...
More information in my post Avatrade Forex
First remember never enter in AVATRADE.
The foreign exchange market, also known as Forex (Foreign Exchange), is a global, decentralised market where currencies are traded. Each of these currencies has a conversion rate, called an exchange rate.
For example, if the EUR/USD has an exchange rate of 1.10, 1 euro is equivalent to 1.10 US dollars.
Forex is one of the most liquid markets, where the daily trading volume is 5 trillion dollars a day.
It is mainly used to facilitate trading and investment between countries.
The Forex market is open 24 hours a day except on weekends, opening in Sydney on Monday mornings and closing in New York on Friday afternoons.
...
More information in my post Avatrade Forex