Forex - 101
At Trader’s Way, Prime Online Forex and CFD broker, we make it possible for our clients to trade more effectively, with standalone applications and customized accounts. We understand new traders often lack the experience of our more experienced clients and given this, have set up an educational resource for those new to the concept of currency trading. The currency market (FOREX) is the biggest and the most liquid market in the world with an average daily trading volume of about $4 trillion. It is a series of transactions where one currency is bought/sold for another one at a specific rate. This currency pair rate changes every second as a result of the constantly fluctuating global demand and supply for both currencies of the pair. Clients can opt to trade in a wide range of currencies, opt for customized accounts, and leverage upto 1:1000. For more details, check out Trader’s Way.