Forex market -101
The foreign exchange market (FOREX) is the biggest and the most liquid market in the world with an average daily trading volume of about $4 trillion. In other words, the market is so large that no group or entity can manipulate it. A foreign exchange transaction is one where one currency is bought/sold for another one at a specific rate. This currency pair rate changes every second because of the constantly fluctuating global demand and supply for both currencies of the pair.
Here
at Trader’s Way, prime online forex and CFD broker, we offer all traders a wide range of currencies for trading. We ensure that our accounts are customized to meet a client’s requirements, allowing them to trade in anything from majors to exotics. Traders can start trading with only a few dollars while enjoying some of the most competitive quotes in the market and accounts that offer both options of both fixed and variable spreads. The minimum transaction is 0.001 of a Standard lot and the trader can choose a leverage ratio of up to 1:500. For more information on the market, accounts and other details, check out
Trader’s Way.