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What is Forex, Foreign Exchange, , Forex Trading?

What is forex ,Foreign Exchange, , Forex Trading can you tell me details about this

Public Response to What is Forex, Foreign Exchange, , Forex Trading?

  1. Spend 10 minutes and google Forex Scam Be aware of the scams out there before getting involved in this
  2. Surely you are aware that people in different countries use different money. In England they use the pound, in Israel the use the shekel, in the US they use the dollar, in Thailand they use the Baht (Try saying Thai Baht 10 times fast). The rate that you can get exchanging dollars for bahts is called the foreign exchange rate. Unfortunately, this varies up and down. If you can tell whether it is going up or down you can make money exchanging from one currency to another. This is called Forex trading. It's an excellent way for dumb people to get poor.
  3. Here is a good tutorial that answers your question. Come back and ask a specific question if there's something you don't understand. We can't write a dissertation here.
  4. Forex Trading means trading of one currency to another. Forex Exchange is referenced to money that is trading and Froex is referenced to market where currencies are traded. If you want to learn more you can visit the site http://www.appliedfx.com to learn basis and handsome information about forex.