What is Forex Investing ~ app for forex trading
The stock market is a different concept from the foreign exchange market. The foreign exchange market is also known as the forex market and the FX market.
When two countries with different currencies start trading, this becomes the basis and the background for the forex market. In the early 1970s, the forex market was established and is now its third decades of trading. What sets the forex market apart from the stock exchange is there isnt any trading of stocks or investments to anyone business. The forex handles the trading and selling of currencies.
Another difference between the forex market and the stock exchange is the tremendous trading that happens on the forex market. Daily there are millions and millions that are traded on the forex market. There are almost two trillion dollars traded on a daily basis.
The amount of money that is traded daily on the forex market is constantly much larger than that of any stock exchange market of any country. The forex market is the exchange market that involves financial institutions, governments, banks, and similar institutions from other countries.
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