Making Money Through Foreign Exchange

The foreign exchange market works as a decentralized financial market on cyberspace and involves top players like central banks, institutional investors and corporations. For a long time, the Forex market was entirely reserved for top players, as the minimum equity was set at around $10 million but in the last decade or so the market has transformed into an accessible financial realm with more spot foreign transactions changing hands each day. In fact, of the $4 trillion daily turnover, speculators who are also retail individual traders who work via a broker account for $1.

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