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Forex trading

Your trading success depends on the kind of people you start with. online 95% of information new browser misleading we set the basics right. The foreign exchange market is where currencies are traded. Currencies are important because they enable purchase of goods and services locally and across borders international currency need to be exchanged to conduct foreign trade and businesses. One unique aspect of this international market is that there is no central market place for foreign exchange. Raja currency trading is conducted electronically over the counter which means that all transactions occur via computer networks among traders around the World rather than on one centralised exchange the market is open 24 hours a day five and a half days a week the currencies are traded worldwide in the major financial centres of Frankfurt Hong Kong London New York Paris Singapore Sydney Tokyo and Zurich.. across almost every. This means when the US trading day ends the forex market begins anew in Tokyo and Hong Kong. As such the forex market can be extremely active anytime of the day with price quotes changing constantly.

A brief history of forex

In its most basic sense the forex market has been around for centuries. People have always exchanged or bartered goods and currencies to purchase goods and services. However the forex market as we know understand it today is a modern invention.
After the bretton Woods Accord between two collapse in 1971 more currencies where are allowed to flow freely against one another. The values of individual currencies for braced on demand and circulation and were monitored by foreign exchange trading services. Commercial and investment banks conduct most of the training in forex markets on behalf of their clients but there are also speculative opportunities for trading one currency against another for professional and individual investors.

Why we can trade currencies

Currency trading was very difficult for individual investors prior to the internet. Most currency traders for large multinational corporations hedge funds aur high net worth individuals because forex trading required a lot of capital. With help from the internet retail market aimed at individual traders as emerge providing easy access to the foreign exchange market through either the banks themselves or brokers making a secondary market. Most online brokers or dealers of a very high leverage to individual traders who can control a large trade with the small account balance.

Royal financial trading (cy) limited is regulated by the Cyprus securities and exchange commission with licence number 312/16 and authorised to provide certain investment and ancillary services according to the licence it it holds.

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