Online Forex Trading
Foreign Exchange trading, also known as Forex or FX trading, has gained enormous popularity in recent years among layman individuals due to the growth of online brokers and the technological development of online trading platforms. With high liquidity, non-stop opening hours 5 days a week, and great opportunities, it is no wonder that the forex market is the world’s most traded market with a daily trading volume of $5 trillion USD.
What is FX Trading?
When trading Forex, you are buying one currency by using another. Therefore, the FX trader is trading currency pairs and not each currency individually. Take for example the EURUSD, when buying the pair – it means you are buying EUR using (selling) USD. When selling the pair – it means you are buying USD using (selling) EUR.
Discover all the advantages of trading forex with binary stocks trading
- Start trading with as little as $ 500
- Trade with confidence – binary stocks trading is an internationally regulated broker.
- No risk of wallet hacking or theft
- Best in class customer service – 24/7 multi-lingual live support.